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|Contents||Pages|
|---|---|---|
|Legal and administrative
information|||
|Report ofthe trustees||2-7|
|Independent
auditor's|report to the trustees|8 - 11|
|Statement offinancial|activities|12|
|Statement offinancial|position|13|
|Statement ofcash flows||14|
|Notes to the financial|statements|15-27|
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|YEAR|E|NDED 31MARCH|2023|2023|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Registered||Charity Name|Key Community||||||||||
||||(will be referred||to as KEYthroughout|||||these financial|statements)||
|Registration||Numbers|Charity Number||1108921||||||||
||||Company
Number 5031398||||||||||
|Trustees|||BAskins (Resigned|||21/09/2022)|||||||
||||JAskins (Resigned 21/09/2022)||||||||||
||||PHayton||||||||||
||||SHamilton||||||||||
||||IMontgomery||||||||||
||||EHobson||||||||||
||||K.Shields||||||||||
||||D Traynor (Appointed
08/06/2023)||||||||||
||||1Ogden (Appointed|||08/06/2023)|||||||
||||(Trustees
are|also||the|directors||of|KEY for the|purposes|of|
||||company law)||||||||||
|Company|Secretary||JAskins (Resigned 21/09/2022)||||||||||
||||RAllen (Appointed|||15/12/2022)|||||||
|Registered|Oflice||116Baring Street||||||||||
||||South Shields||||||||||
||||Tyne dt Wear||||||||||
||||NE33 2BA||||||||||
|Auditors|||Torgersells||||||||||
||||Chartered
Accountants||||||||||
||||East Suite, Ground Floor||||||||||
||||Avalon House,|StCatherine's||||Court|||||
||||Sunderland||||||||||
||||SR53XJ||||||||||
|Bankers|||Unity Trust Bank||Pic|||||Barclays Bank Pic|||
||||4Brindley Place|||||||53Fawcett|Street||
||||Birmingham|||||||Sunderland|||
||||Bl 2JR|||||||SR1 1SD|||
||||Shawbrook Bank Limited||||||||||
||||Lutea House||||||||||
||||Warley Hill Business|||Park|||||||
||||The Drive||||||||||
||||Great Warley||||||||||
||||Brentwood||||||||||
||||Essex||||||||||
||||CM133BE||||||||||
||||The Charity Bank||Limited||||||||
||||Fosse House||||||||||
||||182High Street||||||||||
||||Tonbridge||||||||||
||||TN9 1BE||||||||||
||||Central Finance|Board ofthe Methodist||||||Church|||
||||9Bonhill Street||||||||||
||||London||||||||||
||||EC2A 4PE||||||||||
|Solicitors|||Hardings||||||||||
||||58 John Street||||||||||
||||Sunderland||||||||||
||||SR1 1QH||||||||||
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|||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
||||Note|Funds|Funds|2023|2022|
|INCOME||||||||
|Income and endowments||from:||||||
|Donations
and legacies|||4|9,355|39,0$6|48,441|63,286|
|Charitable
activities|||5|975,230|563,571|1,538,801|1,424,141|
|Investments|||6|4,610||4,610|89|
|Total incoming
resources||||989,195|602,657|1,591,852|1,487,516|
|EXPENDITURE||||||||
|Expenditure
on:||||||||
|Raising funds|||7|13,827|30|13,857|12,454|
|Charitable
activities|||8|954,850|441,603|1496,453|1,097,846|
|Total||||968,677|441,633|1,410,310|1,110,300|
|Net incoming/(outgoing)||resources||20,518|161,024|1$1,542|377,216|
|Transfers
between|Funds|||251,960|(251860)|||
|NET MOVEMENT|IN FUNDS|||272,478|(90,936)|181,542|377,216|
|Total funds brought|forward|||1,269,593|502,781|1,772,374|1,395,158|
|Total funds carried|forward|||1,542,071|411,845|1,953,916|1,772,374|
##
|31MARCH 2023||||||
|---|---|---|---|---|---|
|||Note||2023|2022|
|FIXEDASSETS||||||
|Tangible fixed assets||13||600,662|470,921|
|CURRENT ASSETS||||||
|Debtors||14|330,730||222,082|
|Cash at bank and in hand|||1,149,093||1,113,815|
||||1,479,823||1,335,897|
|CREDITORS: amounts|falling due|||||
|within one year||15|(126,569)||(34,444)|
|NET CURRENT ASSETS||||1453,254|1,301,453|
|NET ASSETS||||1,953,916|1,772,374|
|THE FUNDS OF THE|CHARITY|||||
|Restricted income funds||17||411,845|502,781|
|Unrestricted
funds||18||1,542,071|1,269,593|
|Total Funds||||1,953,916|1,772,374|
##
|||||2023|2022|
|---|---|---|---|---|---|
||||f|||
|Surplus for tbe year||||181,542|377,216|
|Adjustments
for:||||||
|Depreciation
and impairment|oftangible|||||
|fixed assets||||||
|Movement
in working capital:||||||
|(Increase)/decrease
in debtors|||(108,648)||(62,147)|
|Increase/(decrease)
in creditors|||92,125||(24,710)|
|||||(16,523)|(86,857)|
|Cash generated
from operations||||165,819|290,359|
|Investing
activities||||||
|Purchase oftangible
fixed assets||||(129,741)|(37,237)|
|Net increase in cash and cash equivalents||||35,278|253,122|
|Cash and cash equivalents|at beginning|of||||
|year||||1,113,815|860,693|
|Cash and cash equivalents|at end ofyear|||1,149,093|1,113,815|
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|INCOME FROM|CHARI|TABLE ACTIV|ITIES||||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|2023|2022|
||||Fundsf|Funds|Total|Total|
|Anson C
lose Income|||15,034||15,034|17,192|
|Askins
Lodge
-Income|||477,347||477,347|410,368|
|Askins
Cottages|||139,251||139,251|116,606|
|Diapers
ed Properties —Income|||69,086||69,086|67,849|
|Flavia H
ouse|||124,208||1249208|115,991|
|Heaton
Gardens|||17,834||17,834|17,590|
|Hedley
Close|||13,376||13,376|17,258|
|Stricklan
d House Income|||93,473||93,473|90,920|
|116Ban
'ng Street- Rent from flat|||18,977||18,977|18,048|
|Baring S
treet —Rent I'rom desks|||1,644||1,644|685|
|Accommodation
grant||||43,829|43,829|41,200|
|Act 435||||1,070|1,070|735|
|All Churches
Together||||||11,700|
|Barbour|||5,000||5,000||
|Ballinger Grant||||15,000|15,000|15,000|
|BBCChildren
in Need||||500|500|18,116|
|Bernard Sunley||||||15,000|
|BUSProject- Community|Foundation|||183,890|183,890|10,000|
|Consortium||||101,160|1019160|88,405|
|Community
Foundation||||10,098|10,098|15,900|
|Community
Foundation —Outreach||||2,750|2,750||
|Charities Trust —Nationwide||||||48,699|
|Community
CAN NE||||||1,000|
|Family Intervention
—BBC|Children|In Need||39,367|39467||
|Feeding Britain||||||9,753|
|Food Bank - Grants||||55,798|55,798|170,383|
|Fuel Bursary Donation||||||80|
|Great North Run||||913|913|974|
|Greggs||||100|100|15,000|
|Gmundword
- Consultancy||||||5,000|
|Henry Smith||||34,200|34,200|17,850|
|Leathersellers||||15,000|15,000|15,000|
|LGA||||10,000|10,000||
|Mercers||||30,000|30,000|30,000|
|Places for People||||||7,000|
|RISE||||||14,839|
|Community
Foundation —Rising Stars||||19,896|19,896||
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|2023|2022|
|---|---|
|8||
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||||Unrestricted|Restricted|2023|2022|
|---|---|---|---|---|---|---|
||||Funds|Funds|Total|Total|
|Advertising,|marketing|and development|13,777|30|13,807|8,127|
|Other fund|raising costs||50||50|4,327|
|||||||~124 4|
##
|31MARCH 2023|31MARCH 2023|31MARCH 2023|31MARCH 2023|31MARCH 2023|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|EXPENDITURE|||||ON CHARITABLE|||ACTIVITIES|||||
|||||||||Unrestricted|Restricted|2023||2022|
|||||||||Funds|Funds|Total||Total|
|Anson Cl
ose||||||||15,007||15,007||12,007|
|Askins L
odge||||||||458,506||458,506||325,218|
|Askins C
ottages||||||||79,619||79,619||70,252|
|Dispersed
properties||—set up and running|||||costs|49,230||49,230||41,110|
|Flavia Ho
use —salaries|||and||running|costs||119,217||119,217||99,041|
|Heaton G
ardens —running|||||costs|||11,242||11/42||13,006|
|Hedley C
lose —running||||costs||||12,115||12,115||7,100|
|Strickland
House —salaries|||||and running||costs|87,418||87,418||73,604|
|116Ba'rin
g Street-flat|||costs|||||9,231||9431||12,384|
|Trinity W
alk||||||||1,505||1,505||976|
|Voids||||||||7,525||7,525|||
|Bad debts
wrote off||||||||33,623||33,623|||
|Accommodanon
managers|||||||||42,722|42,722||39,680|
|Act 435|||||||||100|100||693|
|All Churches Trust|||||||||10,310|10,310||1,428|
|Awards for All||||||||||||7,557|
|Bank charges||||||||721||721||794|
|Baring Street —running|||costs|||||10,698||10,698||6,820|
|BUSProject|||||||||21,672|21,672||16,920|
|Client expenses|||||||||423|423|||
|Coalfields||||||||1,901||1,901||7,669|
|Communications||||||||2,828||2,828||4,413|
|Community
Foundation|||—Salary costs||||||8,432|8,432||26,369|
||||—project costs|||||||||2,870|
|Charities Trust —Nationwide|||||||||18,204|18+04|||
|Community
CAN NE|||||||||1,000|1,000|||
|Family Intervention|—salary||||costs||||71,639|71,639||784|
|Family Intervention|-|BBCChildren||||in Need||||||18,097|
|Food Bank —Consumables|||||||||17,740|17,740||30,807|
|—Lloyds|Foundation|||||||||||29,636|
|—Salary|and||costs||||||46,020|46,020||12,400|
|—Holiday||Hunger|||||||15,015|15,015|||
|—Rent|||||||||11,455|11,455|||
|—Greggs|||||||||17,236|17436|||
|-Travel|||||||||259|259||8,200|
|—Van|||||||||2,526|2,526||2,400|
|—Volunteer|||expenses||||||1,373|1373||1,818|
|General office (computer,||||stationery||etc)||4,960||4,960||3,086|
|Governance
cost||||||||15,703||15,703||13,998|
|HAF Project||||||||||||13,285|
|HR||||||||4,866||4,866||2,731|
|Insurance||||||||||||524|
|IT||||||||10,848||10,848||7,484|
|Outreach||||||||6,110|494|6,604||874|
|Projects —salaries and||costs||||||9,372|92,280|101,652||93,328|
|Recruitment||||||||||||522|
|RISE||||||||||||6,865|
|Staffcosts (employed||and||other workers)|||||2,234|2,234|||
|-Consortium|||||||||60,469|60,469||75,405|
|Training||||||||1,262||1,262||5,691|
|Travel||||||||1,343||1,343|||
|Total resources expended|||||||||||~10|846|
##
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|||||||2023|2022|
|---|---|---|---|---|---|---|---|
|||||||Total|Total|
|This|is stated after charging the following:|||||||
|Governance|||costs|||||
|10.|STAFF||COSTS AND NUMBERS|||||
||||||2023||2022|
|Staff|costs|(employed||only) comprise:||||
|Salaries|||||633,860||594,220|
|Employers||NI|contributions||55,540||49,597|
|Pension costs|||||24,524||23,711|
||||||713,924||667,528|
|The figures|for pension|costs referred|costs referred|to above relate to KEY's contribution|to above relate to KEY's contribution|to above relate to KEY's contribution|to|Staff Pension|Schemes. Two|
|---|---|---|---|---|---|---|---|---|---|
|members of|staff are in Stakeholder||Pension||Schemes.|||||
|||||||||2023|2022|
|||||||||f,||
|The average|number of|persons|employed||by the Trust was as follows:|||||
|Management|and administrative|||||||2|3|
|Charitable
activities||||||||22|20|
|||||||||24|23|
|The number|ofemployees|whose remuneration|||for the year fell within|the following||bands, were:||
|||||||||2023|2022|
|||||||||No.|No.|
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||Motor|Motor|Strickland|Strickland|Heaton|Heaton|Hedley|Hedley|116Baring
Trinity|116Baring
Trinity|116Baring
Trinity|Total|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||Vehicle|||House|Gardens||Close|||Street|Walk||
|Cost|||||||||||||
|At 1 April 2022|||205,357||31,906||30,906|||165,515
37,237||470,921|
|Additions|129|741||||||||||129741|
|At 31March 2023|~12|41|||~31|06|~30|06||165515
~3723||600662|
|Depreciation|||||||||||||
|At 1 April 2022|||||||||||||
|Charge for the year|||||||||||||
|At 31March 2023|||||||||||||
|Net BookValue|||||||||||||
|At 31March 2023|12|41|~205 35||~31|06|~30|906||165515
37237||600662|
|At 31March 2022|||~205 35||31|906|30|906|||||
|14.
Debtors|||||||||||||
|||||||||||2023||2022|
|Amounts
due from consortium||||||||||7367||7,367|
|Housing benefit due||||||||||227,093||166,006|
|Service charges due||||||||||25&923||25,089|
|Other debtors and prepayments||||||||||70347||23,620|
|||||||||||330,730||222,082|
|15.
Creditors: amounts|falling|due|within|one year|||||||||
|||||||||||2023||2022|
|Taxation and social security|||||||||||||
|Other creditors, accruals and deferred|||income|||||||126,569||34,444|
|||||||||||126,569||34,444|
|16.
ANALYSIS OFNET ASSETS|||BETWEEN FUNDS||||||||||
||||||General||Designated||||||
||||||Funds|||Funds||Restricted||Total|
|||||||||||Funds||Funds|
|||||||||||8|||
|Tangible fixed assets||||||||600,662||||600,662|
|Current assets|||||133&585|||934,162||412,076|1,479,823||
|Current liabilities|||||(101,006)|||(25,332)||(231)|(126,569)||
|Net Assets at 31March|2023||||32,579||1,509,492|||411,845|1,953,916||
##
##
|ANALYSIS OF|N|ET ASSETS BETW|EEN|FUNDS|—previou|s year|s year|||
|---|---|---|---|---|---|---|---|---|---|
||||||General|Designated||||
||||||Funds||Funds|Restricted|Total|
|||||||||Funds|Funds|
|Tangible fixed assets|||||||470,921||4701921|
|Current assets|||||84,233||748,672|502,992|1,335,097|
|Current liabilities|||||(34,233)|||(211)|(34,444)|
|Net Assets at 31||March 2022|||50,000||1419,593|502,781|1,772,374|
|17.
ANALYSIS OFRESTRICTED|||FUND|MOVEMENTS||||||
||||At|IApril|||||At 31March|
|||||2022|Incoming||Outgoing|Transfers|2023|
|||||8|||||8|
|Accommodation|Grant|||49,687|43,829||(42)722)|(49,687)|1,107|
|Act 435||||42|1,070||(100)||1,012|
|All Churches
Trust||||10,272|||(10,310)|38||
|Awards for All||||2,443|||||2,443|
|Ballinger Grant||||15,047|15,000||(15,035)||15,012|
|Bursary Fund||||420|||||420|
|BUSProject||||47|188,890||(21)672)|(127,002)|40463|
|Charities
Trust - Nationwide||||48,699|||(18,204)||30,495|
|Clothing
Fund||||847|||||847|
|Community
CAN|NE|||1,000|||(1,000)|||
|Community
Foundation|||||10,098||(8,432)||1,666|
|Consortium||||33,537|101,160||(60,469)|(38,005)|36/23|
|Durham
Community||||2,150||||(2,150)||
|Family Intervention||||17,085|74,067||(71,539)||19,613|
|Feeding Britain||||2,786||||(2,786)||
|Food Bank/Support||packs - funding|229,988||89,884||(111,654)||208,218|
|Fuel Bursary Donation||||90||||(90)||
|Great North Run||||1,224||913||(2,137)||
|Groundwork
re trip||||5,500||||(5,500)||
|KEYStaff||||2+34|||(2,234)|||
|Leathersellers||||4,243|15,000||(21,477)|2,234||
|Mercers|||31,296||30,000||(32,514)||28,782|
|Northumbria
Police||||5,000||||(5,000)||
|Places for People||||3,901||||(3,901)||
|Property Purchase|Grants|||1,452|||||1,452|
|RISE||||7,974||||(7„)174)||
|Scottish Power|||13,254||||(13,254)|||
|Virgin Money|||10,000|||||(10,000)||
|Young People's Activities||||2,563|||(423)||2,140|
|Community
Foundation —Outreach|||||2,750||(494)||2,256|
|Greggs||||||100|(100)|||
|LGA|||||10,000||(10,000)|||
|Community
Foundation —Rising|||||19,896||||19,896|
|Stars||||||||||
||||502,781||602,657||(441,633)|(251,960)|411,845|
##
|17.ANALYSIS OFRESTIUCTED|17.ANALYSIS OFRESTIUCTED|FUND MOVEMENTS (CONTINUED) —previous year|FUND MOVEMENTS (CONTINUED) —previous year|FUND MOVEMENTS (CONTINUED) —previous year|FUND MOVEMENTS (CONTINUED) —previous year||
|---|---|---|---|---|---|---|
|||At IApril||||At 31March|
|||2021
f|Incoming
f.|Outgoing
f|Transfers|2022|
|Accommodation
Grant||48,167|41,200|(39,680)||49,687|
|Act 435|||735|(693)||42|
|All Churches Trust|||11,700|(1,428)||10,272|
|Awards for All||10,000||(7457)||2,443|
|Ballinger Grant||14,971|15,000|(149924)||15,047|
|Bursary Fund||420||||420|
|BUSProject|||10,000|(9,953)||47|
|Charities Trust - Nationwide|||48,699|||48,699|
|Clothing
Fund||828|19|||847|
|Community
CAN|NE||1,000|||1,000|
|Community
Foundation||9,866|15,900|(29,239)|3,473||
|Consoriium||20,537|88,405|(75,405)||33437|
|Durham
Community||2,150||||2,150|
|Family Intervention|||35,966|(18,881)||17,085|
|Feeding Britain|||9,753|(6,967)||2,786|
|Food Bank/Support|packs - funding|128,923|201,468|(100,403)||229,988|
|Fuel Bursary Donation||10|80|||90|
|Great North Run||250|974|||1424|
|Groundwork
re trip||500|5,000|||5,500|
|Homeless Link||6,465||(6,503)|38||
|KEYStaff||2,234||||2,234|
|Leathersellers|||15,000|(10,757)||4,243|
|Mercers||27,565|30,000|(26,269)||31,296|
|Northumbria
Police||5,000||||5,000|
|Places for People|||7,000|(3,099)||3,901|
|Pmperty
Purchase|Grants|38,689|||(37,237)|1,452|
|RISE|||14,839|(6,865)||7,974|
|Scottish Power||31,750||(18,496)||13,254|
|Virgin Money||10,000||||10,000|
|Young People's Activities||2,563||||2463|
|||360,888|552,738|(377,119)|(33,726)|502,781|
##
##
##
##
|MOVEMENT IN|FUNDS|—previous year|||||
|---|---|---|---|---|---|---|
|||At|Incoming|Outgoing|Transfers|At 31March|
|||1April|Resources|Resources||2022|
|||2021|||||
|Restricted funds|||||||
|Charity activities||360,888|552,738|(377,119)|(33,726)|502,781|
|Unrestricted
funds|||||||
|General funds||350,040|934,778|(733,181)|(501,637)|50,000|
|Designated
funds||684,230|||535,363|1,219,593|
|Total Unrestricted|funds|1,034,270|934,778|(733,181)|33,726|1,269,593|
|Total Funds||~13 5
58|~~|~IQQ||~22~|
##
##
##
##
|18.
MOVEMENT IN FUN|DS (continued)||
|---|---|---|
|This means that the unrestricted|funds shown above should be allocated as under:||
|||8|
|Major repairs fund
Property fund
Redundancy
payments —as at
Designated
funds for 6months|31 March 2023
expenditure|4,139
600,662
109,278
795,413|
|||~42|
##
||||||||||At||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||At|1 Apr 2022|Cash flows|31Mar|2023|
|Cash|at|bank|and|in|hand||~13|~8|8
~11490||
##
|||2023|2022|
|---|---|---|---|
|Not later than
1 year
Later than
1 year and not later than 5years
Due in more than 5 years||46,439
36,181
1,738|44,125
68,048
2,897|
||||~115|
##
##