(J )(JJ l L44
COMPANY NUMBER: 05031398
CHARITY NUMBER: 1108921
commiggic
KEY COMMUNITY
(Company Limited by Guarantee)
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2025

KEY COMMUNITY
INDEX
YEAR ENDED 31 MARCH 2025
Contents
Pages
Legal and Adminislration Information
Trustees, Report
2-12
Independent Auditors Report to the Trustees
13-16
Statement of Financial ActivFties
17
Statement of Financial Position
18
Statement of Cash Flows
19
Notes to the Financial Statements
20-32

KEY COMMUNITY
LEGAL AND ADMINISTRATIVE INFORMATION
YEAR ENDED 31 MARCH 2025
Reglstered Charlty Name
Key Communty
(will be referred to as KEY throughout these financial statements>
Reglstratlon Numbers
Charity Number 1108921
Company Number 05031398
Trustees
P. Hayton
S. Hamilton
D. Traynor
l. Ogden
G Cunningham {Appointed 2810112025)
T Milton (Appointed 2910612025)
(Trustees are also the directors of KEY for the purposes of company law)
Company Secretary
R. Allen
Reglstered Office
116 Baring Street
South Shields
Tyne & Wear
NE33 2BA
Auditors
Torgersens
East Suite. Ground Floor
Avalon House
St Catherine's Court
Sunderland
SR5 3XJ
Bankers
Unity Trust Bank PIC
4 Brindley Place
Birmingham
B12JB
Cenlral Finan￿ Board of the Methodist Church
25 Tavistock Place
London
WC1H 9SF
Insignis Cash Solutions
Sl John's Innovation Centre
Milton. Cambridge
CB4 OWS
Solicltors
Hardings
22 Foyle Street
Sunniside
Sunderland
SR1 1LE

KEY COMMUNITY
THE TRUSTEES, REPORT (INCORPORATING THE DIRECTORS, REPORT)
YEAR ENDED 31 MARCH 2025
Governin Document
The organisation is a charitsble company limited by guarantee, incorporated on the 2nd February
2004 and registered as a charty on the 7th April 2005. The company was established under a
Memorandum of Association. which established the objectives and powers of the charitable company
and is governed under its Articles of Association. The organisation by special resolution amended
objects on 26th July 2023 with permission of the Charity Commission. In the event of the company
being wound up, members are required to contribute an amount nol exceeding £10.
The Objects for which the Charty is established are for the public benefrt.
1. The provision of relief for young people in necessitous circumstances who are. have been. or
are at risk of being homeless including (but without prejudice to the provision of other forms of
relief) the provision of supported accommodation. family relationship breakdown intervention
and mediation. advice and counselling.
2. The relief of financial hardship amongst people in South Tyneside and the surrounding area in
sucb. WAV£ A£ Lhp truqtp.pq frnm tim@.tn-time t_h_ink_ f!t_ in Darticular: but not exclusively by:
a) providing emergency food. essential toiletries, and household items to individuals
and families in need andlor for distribulion by charities or other organisations working
to prevent or relieve poverty
b) such olher means. including (but not limited to) the provision of support or
Signposting to relevant information and other advisory services.
OFSTED
Key continues to mainlain OFSTED registration for Askins Lodge. ensuring Compliance with n81ional
standards for the housing and support of 16-17-year-olds. This registration enables Key to provide
high-quality, regulated accommodation for vulnerable young people in South Tyneside.
During the 2024-25 reporting period, Askins Lodge underwent intemal quality assurance reviews to
nsure continued alignment with OFSTED expectations. Staff received updated training in
safeguarding and trauma-informed practice, and the service maintained a strong focus on preparing
young people for independent living.
The OFSTED Tegistratlon reflects Key's commltment to delivering safe. supportive environments
where young people can thrive. It also ensures that Askins Lodge remains eligible for referrals from
statutory serVI￿S and continues to meel the evolving needs of Ihe young people it serves.
Recruitment and a
olntment of board of directors
At Ihe 2024 AGM held in January 2025 the following Trustees were appointed:
Gill Cunningham was added to the Board- Appointed 2810112025
The following trustees resigned:
lan Montgomery - Resigned in March 2024 bul officially took off Charity Commission on
1610512024
Trustee induction and on
oin
tralnin
I develo
menl of trustees
The Chair together with other Trustees regularly identifies the skills and expertise needed to ensure
Ihe Board is diverse and well equipped to carry out its duties and responsibilities.
All new prospective Trustees meet with the Chair and the Chief Execulive Officer to discuss what their
role and involvement within the organisation might 8ntail.

KEY COMMUNITY
THE TRUSTEES, REPORT (INCORPORATING THE DIRECTORS, REPORT)
YEAR ENDED 31 MARCH 2025
New Trustees are taken by the Chief Executive Officer for a tour of the organisation's office,
Supported Accommodation and other services delivered by Key Communty- This provides an
opportunity for the Trustee to meet with staff who can Ihen explain their roles within the Charity.
Staff are invited to Board Meetings where they will give a presentation outlining their service. This has
proved to be of great value and gives a clear picture of how operations are planned and delivered.
Every opportunity is taken to ensure that all Trustees. both those who are new to the role and those
who have served for a long lime. have access to training and Board Development sessions. This is
usually delivered by organisations such as ACEVO and the NSPCC as well as inhouse training.
All Trustees are encouraged to ask questions when they are unsure and are supported by both the
Chair and the Chief Executive Officer.
A Board D8v8lopment Day was held in January. This was an opportunity for Trustees and Senior
Management staff to look at the Charity's Beliets and Values.
By the end of the day the Beliefs and Values had been discussed, amended and edited in preparalion
to pr8sent them to staff and the Young People who use the services provided by Key Community.
The Vision and Mission statements were discussed and amended to better reflect Ihe Charity at this
presént time.
Or
anlsatlon Structure
The Board is made up of people from professional backgrounds including, homelessness, finance.
educalion, legal. managerial and engineering. The Board meets every 2 months and is responsible
for strategic direction and policy of the charity. Decisions are made by the Board at their regular
meetings. Additional meetings are called when the need arises.
The levels of renumeration of Key staff are made at the Board meetings in lin8 With policy.
Recrultment of volunteers
Volunteering is at the core of Key's ethos. This year, 43 people volunteered at Key and its associated
Key2Lrfe foodbank. These volunteers have taken part in the following training:
Safeguarding
Hale crime champion training
Food hygiene certfficate
Manual handling
Placemenls have been offered to 4 Health and Social Care students. 2 with K2 Lrfe Foodbank and 2
working on the Key Community Bus.
6 Year 10 pupils from schools throughout the Local Authority have spent a week working at both Ihe
Food bank and Key Community Bus. These students have also spent time at one of our supported
accommodation properties to gain a better understanding of how Young People are supported by our
organisation.
3 Year 12113 students from a school in South Tyneside have volunteered at the Food bank as part of
their Gold Duke Of Edinburgh Award.
All volunteers who handle telephone calls or work one to one with Young People have a DBS
ertificale.

KEY COMMUNITY
THE TRUSTEES, REPORT (INCORPORATING THE DIRECTORS, REPORT)
YEAR ENDED 31 MARCH 2025
Risk Mana
ement
Key Community has established robust systems and procedures to identify, assess, and manage the
risks it faces in delivering services to vulnerable young people. The Board of Trustees regularly
reviews the risk register and ensures that appropriate mitigation strategies are in place.
Key areas of risk and corresponding controls include:
Safeguardlng: All staff and volunteers undergo enhanced DBS checks and receive regular
safeguarding training. Safeguarding policies are reviewed annually and aligned with national
guidance.
Health and Safety: Risk assessments are conducted across all propèrties and activities.
Slaff receive training in manual handling, first aid, and fire safety.
Flnanclal Sustalnability: The charity continues to diversify its incom8 Streams through grants.
partnerships. and fundraising.
Data Protection: Key complies with GDPR and has clear policies on data handling.
confidentiality, and information security- Staff receiv8 regular training on data protection.
Governan¢e and Compllance: The Board includes members with expertise in finance. law,
housing, and safeguarding. Trustees receive ongoing training and development to ensure
effective oversight.
Opératlonal Dellvery: The CEO and senior management team monitor service delivery
against contractual and quality standards. Internal audits and supervision ensure continuous
improvement.
The Board also operates groupslsessions involving trustees. staff, and young people to oversee
specific areas of work. This inclusive approach strengthens risk awareness and responsiveness
across the organisation.
Related Parties
Key Community continues lo work in partnership with a range of organisations to deliver high-qualty
services to young people in South Tyneside, These include:
Durham Dlocese and Bernicia Homes.. Flavia House is owned by the Diocese and
managed by Bernicia Homes, with Key providing residential support.
Karbon Homes: Askins Lodge is owned by Karbon Homes and leased to Key Community to
provide supported accommodation. Key are acting agent for properties 2-9 Berkley Way on
behalf of Karbon to support young people to progress to their own tenancies.
South Tyneside Consortlum for Youth Hom•l•ssness: Key is a founding member
alongside De Paul UK and Places for People. The consortium provides integrated pathways
for young people to a¢¢ess homelessness services and participates in weekly HAPPS
(Homeless Allocation Pathway Planning Support) meetings.
Churches Together South Tyneslde: Key partners with this network to run the Key2 Life
project, which indudes a foodbank, fvel voucher scheme, School Unrforms 4 All. and a food
and fun holiday programme.
Local Communlty and Faith Groups: Key receives practical support. donations, and
volunteer engagement from churches and community organisations across the borough.

KEY COMMUNITY
THE TRUSTEES, REPORT (INCORPORATING THE DIRECTORS, REPORT)
YEAR ENDED 31 MARCH 2025
These partnerships are vital to Key's abilrty lo deliver holistic. person-centr8d support and to respond
flexibly to the needs of young people and families in crisis.
Pur
The charitable purposes of Key Community, as updated in 2024. are:
To provide relief to young people in South Tyneside who ar8 experiencing, have
experienced, or are at risk of homelessness, including-but not limited to-offering
Supported accommodation. mediation and intervention in cases of family relationship
breakdown, advice, and counselling services.
To alleviate financial hardship among individuals and familiès in South Tyneside and
surrounding areas, in ways deemed appropriate by the Trust88s. This includes, but is not
limited to: (a) Supplying emergency food, essential toiletries, and household items directly to
those in need or through other charities and organisations working to prevent or relieve
poverty. (b) Providing the Community Bus service bringing food and increased choice across
South Tyneside, helping residents shop with dignity. strètch their budgets further and reduce
the need for foodbanks. {c) Providing additional support such as guidance. referrals. and
access to relevant information and advisory services.
These charitsble purposes underpin all of Key Community's work, ensuring that the organisalion
remains focused on supporting vulnerable young people and families through prevention, practical
assistance, and empowerment.
Publlc Beneflt Dls¢losur¢
The trustees have given due consideration to the Charity Commission's published guidance on the
Public Benefit requirement under the Charities Act 2011.
Vlslon
Every Young Person in South Tyneside will have a home and someone to turn to when they need
support.
Mlsslon
When Young People are experiencing hardship or threatened with homelessness. Key is committed to
inspiring them with hope for the future and the skills to live independently, to flourish, to be good
citizens and the best people they can be.
A¢hiev•ments and rformance
Alm I: To prevent homelessne5S
Objective 1: Provide advlce and guldance to help a Young Person declde if thèy can remaln at
home or need to move out.
Out of 134 referrals to the Prevention Team, 13 of the referrals were for advicelguidance around
housing only. The remaining 121 referrals sent to the Preventionlmedialion Team were a combination
of support to improve family relationships, improve school attendance and health and wellbeing

KEY COMMUNITY
THE TRUSTEES, REPORT (INCORPORATING THE DIRECTORS, REPORT)
YEAR ENDED 31 MARCH 2025
Referrals come from:
Children's Servicesl Local Authority Early Help:
Schools:
Housing Department:
self-Refe￿aI.
Consortium - De Paul UK
Internal Referral- Supported Accommodation
And Tenancy Support:
Community Mentsl Health Services:
Adult Services
70
28
13
Objectlve 2: Provlde medlatlon support to Young People and thelr famllles to reduce conflict
and improve relationshlps withln the home to enable the Young Person to remaln at home If
thls Is a safe option.
It is not only the Young Person who is supported but the household in which they live: this may include
parents, carers and siblings. Out of the 134 referrals made during the period 31 st March 2024 - 31 st
March 2025:
70 Young P8ople have remained in the family home and support closed.
45 Young People and their families continued to be supported.
11 Young People were on a waiting list to ba allocaled a support worker.
3 Young People moved into Supported Accommodation.
5 Young people moved in with other family members.
Key Community Prevention Tearn offer a free, professional mediation service to parents. carers and
their children to lry to prevent family breakups from occurring. Mediation can be put inlo place while
the Young Person is still al home or when they have presented as being homeless.
The Family Intsrvention Service adopts a whole family approach. enabling families to gain support as
a unit as well as working on a one-to-one basis with parents and children to tackle the complex issues
that may have arisen. These issues often affect multiple members of the family unit.
If the family access our help soon enough, support is put in place beforé problems have become
entrenched, and relationships have reached breaking point. Key Community offers support and
guidance on a wide range of family issues such as:
Managing behaviour problems
Improving relationships
Signposting and accessing other support services
Budgeting
Form filing
Providing someone to listen with compassion and empalhy
Providing opportunities for families to meet others so they feel less isolated.
Parenting skills
Wellbeing support
Educational Support

KEY COMMUNITY
THE TRUSTEES, REPORT (INCORPORATING THE DIRECTORS, REPORT)
YEAR ENDED 31 MARCH 2025
Objectlve 3: Rai58 awareness of the realltles of belng homeless
Staff give talks to local schools, colleges, churches. community groups, th8 Local Authority. and
community organisations. Every opportunity is taken to publicise our work in the local press and social
media.
Biannual newsletter available in print and online.
Homelessness stories
Marketing and Communication Officer
Key 2 Life Facebook
Key Facebook
Features in local media
Fundraising and awareness
Talks and presentations
Alm 2: Prepare young people for Independent living.
Objectlve 1: Provide supported shared accommodatlon for up to a p•rlod of 1 year at Askins
Lodge (18 beds), Flavia House (5 beds), Strickland House15 beds).
36 Young People were supported at Askins Lodge, Flavia House and Strickland House.
Objectlve 2: Provide Young People with move on accommodatlon following their stay at one of
our supported accommodation properties, where they can begln to Ilve ind•p8ndently wlth a
lower level of support for a perlod of 2 years or more.
9 Young People moved into Askins Cottages for lower support, 7 Young People moved into our move
on properties wlthin the community and 38 Young People were able, with support. to move into
properties and hold their own tenancies.
Alm 3: To enable Young Peopl• to take opportunltles allowing them to access educatlon,
tralnlng, employment and wellbeing.
Objectlv• 1: Learn life skills
Key Community promotes activities in supported housing projects to encourage healthy lifestyles.
Cookery sessions are provided for Young People to help them learn how to cook healthy meals- these
sessions encourage the Young People to work together for a common goal. Our Prevention Tearn
facililate group activities for Young People who are feeling isolated. these include:
Cooking Demonstrations
First aid
Sports day
Healthy and unhealthy relationships
Arts and crafts
Key Community provides bursaries and grants to help Young People overcome barriers to
employment. education and training. Bursaries and grants Cover the costs for our Young People to
access college, training and employment, e.g., bus fares, books and equipm8nt when these are not
provided by the Col￿ege or place of work. Between 31 st March 2024 and March 31 st, 2025, bursaries
and grants were applied for and granted as follows:
Prevention and Mediation
Tenancy Support

KEY COMMUNITY
THE TRUSTEES, REPORT (INCORPORATING THE DIRECTORS, REPORT)
YEAR ENDED 31 MARCH 2025
Key Community's Prevention Team provides every Young Person and their families with skills and
slrategies to help reduce arguments in the family home. Be￿een 31st March 2024 and 31st March
2025. the Prevention Team assisted the following numbers of Young People to access the serVI￿S
that met their needs:
Key in house Counsellor
Bright Futures
Escape Intervention
Lifecycle
19
Between 31 st March 2024 and March 31 st, 2025. 80°k of the Young People who were referred to Key
Commurbity's Prevention Team with issues involving accessing education, have remained in school
with some on a reduced timetablè. Working with the Young People and their families, we have been
abl8 to rebuild relationships. Those who could not return to the family home were able to access our
supported accommodation or were able to live with another family member. As a resull of this move,
general well-being has improved and enabled the Young Person to concentrate on their education.
ObJe¢tlv• 2: Arrange opportunities to tak• part In lelsure and community activltles.
Activilies are organised by the Prevention Team and the Supported Accommodation Team. They
include:
Cookery demonstration
First Aid
Sports
Games
Use of gym equipment
Objective 3: Ralse awareness of the realities of being homeless
Key Community actively works to raise awareness of youth homelessness and the challenges faced
by vulnerable young people. Staff regularly deliver talks and presentations to local schools, colleges.
churches. communty groups. and statutory partners. including the Local Authority. The organisation
uses every opportunity to promote its work through local media and digital platforms. This includes:
A biannual newsletter, available in both print and online fonnats
Sharing real-life stories of homelessness to highlight lived experiences
Regular updates via the Key 2 Life and Key Community Facebook pages
Features in local press and media outlets
Talks and presentations to raise awareness and encourage community support
Fundraising campaigns and awareness 8v8nts coordinated by the Marketing and
Communications Officer
These efforts help to challenge stigma, build community understanding, and generate support for
Key's mission to prevent and address youth homelessness in South Tyneside.

KEY COMMUNITY
THE TRUSTEES, REPORT {INCORPORATING THE DIRECTORS, REPORT)
YEAR ENDED 31 MARCH 2025
Objectlve 4: To support the mental health ne￿S of young people.
Key Community provides a compassionate and empathetic wellbeing support system which is
designed to cater to the needs of vulnerable young people facing various challenges such as anxiety.
relationship problems, anger issu88 and feelings of low mood. With a focus on understanding and
valuing the individual, this service operates within schools in South Tyneside, South Tyneside Colleg8
and Key Community Supported Accommodation and Move On properties. Be￿een March 31st 2024
and March 31st 2025, 59 Young People were supported by Key Community Wellbeing Service. Out of
this 59 there have been a positive outcome of 89. This is because some of our Young P8ople have
achieved more than 1 outcomes.
Progression in general emotional wellbeing
Increased positive outlook
Improved focus on cessation
Improvement in anger management
Improvement in communication skills
Positive relationships
Improvement in anxiety
Referral to external services for higher intensity intervention
R&engaged with Key's Wellbeing Service for support
32
14
16
One of the contributing factors to the effectiveness of the counselling service is the ability to
independently manage caseloads. The flow and remit of the referral process minimises the waiting
time for elients, differentlating Key Community from other services, where lengthy waiting times are
common.
Alm 4: To meet the needs of young people requlrlng crlsls support.
Objectlve 1: Provide émèrgéncy food packs, Includ5ng food, cleaning materlals, tolletrles, and
sanltary items.
42 Young People from our accommodationloutreach services received a food parcel.
3611 adults, 2024 children and 1965 pets were fed at Key2 Lifa Foodbank.
We have provid8d 2493 family parcels and emergency parcels to households with children
below the age of 16.
204 National Fuel Bank Foundation rèf8rrals were made.
Objectlve 2: Provide furnituré and household furnlshlng.
Key Community staff, depending on the circumstances of the Young Person, will apply for a grant or
funding, to assist with household fumishings and donations are also received from the local
community. During the period be￿een 31st March 2024 and 31st March 2025, the Tenancy Support
Team applied for 4 granfs.
Objectlve 3: Provide advocacy wlth crlsls loans, benefit elalms and sanctlon appeals.
Staff at Key Community work with Young People to enable them to claim appropriate benefts. budget
effectively. taking into account that their financial circumstances frequently change. Advocating for our
Young People. Key Community supports with dealings with utility companies, landlords, Housing
Benefits and Job C8ntr8 Plus.
Young People are helped to complete online advance payment applications for Universal Credit.

KEY COMMUNITY
THE TRUSTEES, REPORT (INCORPORATING THE DIRECTORS, REPORT)
YEAR ENDED 31 MARCH 2025
Key Community's Prevention Team occasionally assists families with making new benefrt claims when
Young People have been estranged from family members. The team have supported families with
appeals around such benefit claims as Personal Independence Payments. They have also helped to
r8duc8 rent arrears resulting in families being able to remain in their homes.
Key Community Bus
The Key Communty Bus is a vital initiative by Key, aimed at reducing food waste and promoting
access to healthy, affordable food in South Tyneside. Operating on Tuesdays, Wednesdays and
Thursdays, the bus travels to various locations, providing a mobile food service that requires no
membership and is available to all, regardless of their circumstanc8s.
The lower deck offers a variety of Iow-COSt groceries, while the upper deck serves as a community
space where people Can chat, access advice, participate in activities and even enjoy a mini library.
This innovative project not only helps residents save on their weekly shopping but also fosters a sense
of community and support.
Forming Approprlate Partnerships:
Key Community has been working with Durham Diocese and Bernicia Homes for 15 years and with
Karbon Homes for 8 years to provide supported living accommodation.
Key Communty helped estsblish thè South Tyneside Consortium for Youth Homelessness in
collaboration with De Paul UK and Places for People. As a wnsortium. these three organisations
provide integrated pathways for young people to access homelessness services in South Tyneside.
This includes attending weekly meetings for HAPPS (Homeless Allocation Pathway Planning
Support).
Key Communty partners with Churches Together South Tyneside to run Key2 Life, a povèrty
alleviation project based at the library on Boldon Lane, South Shlelds. This project includes a
foodbank providing food for young people and the wider community. a fuel voucher scheme. School
Unrforms 4 All, and a food and fun holiday programme.
Funding was received from Feeding Britain to offer holiday clubs and a 'Big Day Out, to Seahouses.
Contlnulng with wider strateglc plannlng, Key's Chief Executlve Offlcer attends meetlngs
organlsed by South Tyneslde Counc51, In¢ludlng:
Homelessness Forum
Local Safeguarding Children's Board
R￿IOnal Youth Homelessness Network
Children's and Family Boa
Buslness
lannin
Buslness Plan
Key Community's Current business plan extends until 2027. We are actively working towards fulfilling
the objectivès set out in this plan, which include enhancing our support services. expanding our
accommodation facilities, and increasing community engagement. The plan outlines strategic goals
aimed at ensuring long-tèrm sustainability and effectiveness in meeting the needs of vulnerable young
people in South Tyneside.
10-

KEY COMMUNITY
THE TRUSTEES, REPORT (INCORPORATING THE DIRECTORS, REPORT)
YEAR ENDED 31 MARCH 2025
Future Plans
Key Community is looking to expand its property portfolio to continue supporting and meeting the
needs of the most vulnerable in society. This includes acquiring new properties for supported
accommodation and developing partnerships with local housing providers. Additionally. we aim to
8nhance our service offerings by integrating more comprehensive mental health and wellbeing
support, as well as increasing our outreach programs to prevent homelessness.
Reserves Pollcy
The financial review fcr the year ending 31st March 2025 highlights the charity's financial health and
sustainability. Key Community has maintained a stable financial position, with income generated from
grants. donations. and fundraising activities. Expenditure has been carefully managed to ensure funds
are directed towards our core services and support progrsms. The establishment of a Reserves Policy
aims lo build up reserves equivalent to six months, expenditure, providing a financial buffer against
future uncertalnties.
Reference should be made to note 17 and 18 on pages 27 to 32 of the accounts.
Investment Policy
Key Community's investment policy is designed to ensure the prudent management of the charity's
funds. Investments are made with the primary objeclive of preserving capital while generating a
reasonable return. The policy outlines the criteria for selecting investment opportunities, focusing on
low-risk options that align with the charity's ethical standards. Regular reviews of the investmenl
portfolio are conducted to ansure compliance with the policy and to adjust strategies as needed to
respond to changing market conditions.
RESPONSIBILITIES OF TRUSTEES
The charity trustees (who are also the directors of KEY for the purposes of the company law) have
prepared this trustees, annual ￿port and financial statements in accordancé with applicable law and
United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charitable companies in England and Wales requires the charity trustees to
prepare financial statement8 for each year which give a true and fair view of the state of affairs of the
charity and of the incoming resources and application of r8sources, of the charity for that period.
In preparing these financial stataments, the trustees are required to..
select suilable accounting policies and then apply them consistently:
observe the methods and principles in the applicable Companies Act 2006 and Charities
make judgments and accounting estimates that are reasonable and prudent.
state whether applicable UK Accounling Standards have been followed, subject to any
material departures disclosed and explained in the financial statements.,
prepare the financial statements on the going concern basis unless it is inappropriate to
présume that the charity will continue in business.
The trustees 8re responsible for keeping adequate accounting records that are sufficient to show and
explain the charity's transactions and disclose with reasonable accuracy at any time the financial
position of the charity and enable them to ensure thal the financial statements comply with the
Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company
and hence for taking reasonable steps for the prevention and detection of fraud and other
irregularities.
11

KEY COMMUNITY
THE TRUSTEES, REPORT (INCORPORATING THE DIRECTORS, REPORT)
YEAR ENDED 31 MARCH 2025
And signed on their behalf:
Penny Hayton
Date:
12-

KEY COMMUNITY
INDEPENDENT AUDITORS REPORT TO THE MEMBERS OF KEY COMMUNITY
YEAR ENDED 31 MARCH 2025
Oplnlon
We have audited the financial statements of Key Community (the '¢harity') for the year ended 31
March 2025 which comprise the statement of financial position, statement of cash flows and the
related notes, including a summary of signFficant accounting policies. The financial reporting
framework that has been applied in their preparation is applicable law and United Kingdom Accounting
standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of
Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements..
give a true and fair view of the state of the charity's affairs as at 31 March 2025 and of its
incoming resources and application of resources. including its income and expenditure. for the
year then ended.,
have been properly prepared in accordance with Uniled Kingdom Generally Accepted
Accounting Practice.
have been prepared in accordance with the requirements of the Companies Act 2006.
Basls for oplnlon
We conducted our audit in accordance with Intemational Standards on Auditing (UK) (ISAS (UK)) and
applicable law. Our responsibilities under those standards are further described in the auditor's
responsibilities for the audit of the financial statements section of our report. We are independent of
the charity in accordance with th8 ethical requirements that are relevant to our audit of the financial
statemenls in the UK, including the FRC'S Ethical Standard. and we have fulfilled our other ethical
responsibilities in accordance with these requirements. We believe that the audit evidence we have
obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have conduded that the trustees, use of the going concem
basis of accounting in the preparation of the financial statements is appropriate,
Based on the work we have performed. we have not identified any material uncertainties relating to
events or conditions that, individually or collectively, may cast significant doubt on the charitable
company's ability to continue as a going concem for a period of at least twelve months from when the
financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described
in the relevant sections of this report.
Other infonnatlon
The other information comprises the information included in the annual report, other than the financial
statements and our auditor's report thereon. The trustees are responsible for the other infonnation
contained in the annual report. Our opinion on the financial statements does not cover the other
information and, except to the extent otherwise explicitly stated in our reporl, we do not express any
fomi of assurance conclusion thereon.
Our responsibility is to read the other information and, in doing so, consider whether the other
information is materially inconsistent wilh the fjnancial statements or our knowledge obtained in the
course of the audit or otherwise appears to be materially misstated. If we identify such material
inconsistencies or apparent material misstatements, we are required to determine whether this gives
rise lo a material misstatement in the financial statements themselves. If, based on the work we have
performed, we conclude that there is a material misstatement of this other information. we are required
to report that fact.
W8 have nothing to report in this regard.
13-

KEY COMMUNITY
INDEPENDENT AUDITORS REPORT TO THE MEMBERS OF KEY COMMUNITY
YEAR ENDED 31 MARCH 2025
Oplnlons on other matters prescrfbed by the Companies Act 2006
In our opinion, based on the work undertakèn in the course of the audit:
the information given in the trustees, report for the financial year for which the financial
statements aré prepared is consistent with the financial statements; and
the trustees, report has been prepared in accordance with applicable legal requirements.
Matters on which we are required to report by exceptlon
In the light of the knowledge and understanding of the charity and its environment obtsined in the
course of the audti, we have not identified material misstatements in the trustees, report.
We have nothing to report in respect of the following matters in relation to which the Companies Act
2006 requires us to report to you if, in our opinion:
adequate accounting records have not been kept, or returns adequate for our audit have not
been received from branches not visited by us. or
the financial statements are not in agreement with the accounting records and returns. or
certain disclosur8s of trustees, remuneration specified by law are not made: or
we have not received all the information and explanations we require for our audit. or
the trustees were not entitled to prepare the financial statements in accordance with the small
companies regime and take advantage of the small companies, ex8mptions in preparing the
directors, report and from the requirement to prepare a strategic réport.
Responsibilities of trustees
As explained more fully in the trustees, responsibilities statement set out on page 11. the trustees
(who are also the directors for the purposes of company law) are responsible for the preparation of the
financial statements and for being satisfied that they give a true and fair view. and for such internal
control as the trustees determine is necessary to enable the preparation of financial ststements that
are free from material misstatement, whether du8 to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charity's abilty to
continue as a going concern, disclosing, as applicable. matters related to going concern and using the
going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease
operations, or have no realistic alternative but to do so.
Auditorfs responsibilitles for the audit of the financial statements
Our objectives a￿ to obtain reasonable assurance about whether the financial statements as a whole
are free from malerial misstatement, whether due to fraud or error, and to issue an auditor's report thal
includes our opinion. Reasonable assurance is a high level of assurance. but is not a guarantee thal
an audit conducted in accordance with ISAS (UK) will always detect a malerial misstatement when it
exists. Misstatements can arise from fraud or error and are considered material if. individually or in the
aggregate. they could reasonably be expected to influence the economic decisions of users taken on
the basis of these financial statements.
Irregularities, including fraud. are instances of non-compliance with laws and regulations. We design
procedures in line with our responsibilities, outlined above, to detect material rnisststements in respect
of irregularities, including fraud. The extent to which our procedures are capable of detecting
irregularities, including fraud is detsiled below:
14-

KEY COMMUNITY
INDEPENDENT AUDITORS REPORT TO THE MEMBERS OF KEY COMMUNITY
YEAR ENDED 31 MARCH 2025
Explanatlon as to what extent the audit was consldered capable of detectlng Irregularitles,
Includlng fraud
The objectives of our audit with regards to fraud are to design tailored and specific audit procedures to
enable us to gather sufficient audit evidence. These tests are proportionate and appropriate to the
charitable company in terms of assessed risk level and the nature of the entity's activities. However,
the primary responsibility for the prevention and detection of fraud rests with those charged with
governance.
We obtained an understanding of the legal and regulatory requirements which applied to the
charitable company, which we deemed to be the Companies Act 2006, and Statement of
Recommended Practice to charities. the Financial Reporting Standard applicable in the UK
and Republic of Ireland (Charities SORP (FRS102)).
We obtained an understanding of how the charitable company had complied with these
regulations by reviewing their treatment of transactions, reviewing minutes of meetings and
discussing compliance with Irustees and those charged with governance.
We assessed the risk of material misstatement of the financial statements, including the risk of
material misststement due to fraud and identified that income from housing benefrt and
service charges is most susceptible to fraud or error. We designed our audit work to test the
controls in place regarding the processing of these transactions and how thas8 controls are
capable of preventing or detecting fraud or error.
Our audit procedures gathered evidence to support th8 claims of the trustees whilst
maintsining professional scepticism to allow us to draw our own conclusion on the matter.
As part of an audit in accordance with ISAS (UK), we exercise prof8S8ional judgment and maintain
professional scepticism throughout the audit, We also:
Identify and assess the risks of material misstatement of the financial statements, whether due
to fraud or error, design and perfomi audit procedures responsive to those risks, and obtain
audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of
not detecting a material misstatement resulting from fraud is higher than for one resulting from
error, as fraud may involve collusion, forgery. intentional omissions, misrepresentations, or the
override of internal control.
Obtain an understanding of internal control relevant to the audit in order to design audit
procedures that are appropriate in the circumstances, but not for the purpose of expressing an
opinion on the effectiveness of the intemal control.
Evaluate the appropriateness of accounting policies used and the reasonableness of
accounting estimates and related disclosures made by the trustees.
Conclude on the appropriateness of the trustees. use of the going concern basis of accounting
and, based on the audit evidence obtained. whether a material uncertainty exists related to
events or conditions that may cast significant doubl on the charity's ability to continue as a
going concern. If we conclude that a material uncertainty exists, we are required to draw
attention in our auditor's report to the related disclosures in the financial statements or, if such
disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit
evidence obtained up to the date of our auditor's report. However, future events or conditions
may cause the charity to cease to continue as a going concem.
Evaluate the overall presentation. slwcture and content of the financial statements. including
the disclosures, and whether Ihe financial statements represent the underlying transactions
and events in a manner that achieves fair presentation.
15-

KEY COMMUNITY
INDEPENDENT AUDITORS REPORT TO THE MEMBERS OF KEY COMMUNITY
YEAR ENDED 31 MARCH 2025
We communicate with those charged with governance regarding, among other matters. the planned
scope and timing of the audit and significant audit findings, including any significant deficienctes in
intemal control that we identify during our audit.
Use of our report
This report is made solely to the charitable company's members, as a body, in accordance with
Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we
might state to the charitable company's members those matters we are required to state to them in an
auditorfs report and for no other purpose. To the fullest extent permitted by law. we do not accept or
assume responsibility to anyone other than the charitable company and the charitable company's
members as a body, for our audit work. for this raport, or for the opinions we have formed.
Alison Henshaw FCCA
(Statulory Auditor)
For and on behalf of
TORGERSENS
Chartered Accountants & Statutory Auditor
Easl Suite, Ground Floor
Avalon House
St Catherine's Court
Sunderland
SR5 3XJ
DateoLli£/zs
16-

KEY COMMUNITY
STATEMENT OF FINANCIAL ACTIVITIES
YEAR ENDED 31 MARCH 2025
Unrestricted
Funds
Restrlcted
Funds
Total
2025
Total
2024
Note
INCOME
Income and Endowments from:
Donations
12.925
31,369
44.294
74,596
Charitable Activities
1.221.552
500,766
1,722.318
1.580.518
Investm8nts
41,260
41.260
21,771
Total Incoming Resources
1,275,737
532,135
1,807.872 1,676,885
EXPENDITURE
Expenditure On:
Raising Funds
2,804
Charitable Activities
1,137.741
570,140
1,707,881
1,583.281
Total
1,137,741
570,140
1,707,881
1.586.085
Net Incomingl(Outgolng) Resources
137,996
(38,005)
99,991
90.800
Transfers Between Funds
68.929
(68,929)
NET MOVEMENT IN FUNDS
206.925
(106,934)
99,991
90,800
Total Funds Brought FoDNard
1.555.418
489,298
2.044.716
1.953,916
Total Funds Carried Forward
1.762.343
382,364
2.144,707
2,044,716
The statemént of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The notes on pages 20 to 32 form
art of these financial statements

KEY COMMUNITY
STATEMENT OF FINANCIAL POSITION
YEAR ENDED 31 MARCH 2025
2025
2024
Note
FIXED ASSETS
Tangible Fixed Assets
13
548,766
574,714
CURRENT ASSETS
Debtors
Cash at Bank and in Hand
14
265.348
1.441.835
479,921
1.092,421
1.707,183
1,572,342
CREDITORS: Amounts falllng due
wlthln one year
15
(111,2421
{102.340)
NEf CURRENT ASSETS
1.595,941
1,470,002
NET ASSErs
2.144,707
2,044,716
THE FUNDS OF THE CHARITY
Restricted Income Funds
Unrestricted Funds
17
18
382.364
1,762,343
489,298
1.555,418
2.144,707
2.044.716
The truslees acknowledge their responsibilities for: (i) ensuring that the charitable company keeps
proper accounting records which comply with section 386 of the Act: and (li) preparing financial
ststements which give a true and fair view of the slate of affairs of the charitsble company as at the
end of the financial year and of its incoming resources and application of resources, including its
surplus or deficit for the financial year in a¢¢ordance with the requirements of section 394 and 395,
and which otherwise comply with the requirements of the Act relating to financial statements, so far as
applicable to the charitable Company.
These financial statements havè been prepared in accordance with the special provisions for small
comp8nies under Part 15 of the Companies Acl 2006 and in accordance with FRS 102 'The Financial
Reporting Standard applicable in the UK and Republic of Ireland,.
These financial statements were approved by the trustees on Lu￿and are signed on their
behalf by:
P. Hayton
l. Ogden
Company number 05031398
The notes on pages 20 to 32 form part of these financial statements
18-

KEY COMMUNITY
STATEMENT OF CASH FLOWS
YEAR ENDED 31 MARCH 2025
2025
2024
Surplus for th• Year
99,991
90,800
Adjustm•nts For:
Depreciation
and
tsngible fixed assels
Interest receivable
impainnent
of
25,948
(41,260)
25.948
(21.771)
Movement In Worklng Capital:
{Increase)IDecrease in Debtors
Increasel(Decrease) in Creditors
214.573
8,902
<149.191)
(24,229)
223,475
(173,420)
Cash Gen•rat•d from Operations
308,154
(78,443)
Cash flow$ from Investlng actlvities
Interest receivable
41,260
21,771
Investlng Actlvitles
Purchase of Tangible Fixed Assets
Net Increase in Cash and Cash
Equivalents
349,414
(56.672)
Cash and Cash Equlvalents at
Beginning of Year
1,092,421
1.149.093
Cash and Cash Equlvalents at end of
Year
1.441,835
1,092,421
Thè notes on pages 20 to 32 form part of these financial statements
19-

KEY COMMUNITY
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2025
General Information
The company is a private company limited by guaranlee, registered in England and Wales, as
well as being a registered Charity. The address of the registered office is 116 Baring Street,
South Shields. Tyne & Wear. NE33 28A.
statement of compliance
These financial statements have been prepared in compliance with FRS 102, Yhe Financial
Reporting Standard applicable in the UK and the Republic of Ireland., the Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities
SORP (FRS 102}) and the Charities Act 2011.
Accountlng Policies
Basls of Accountlng
These financial statements have been prepared under the historical cost convention and in
accordance with:
the Statement of Recommended Practice, "Accounting and Reporting by Charities:
Statement of Recommended Practice applicable to charities preparing their accounts
in accordance with the Financial Reporting Stsndard applicable in the UK and
Republic of Ireland (FRS 102)";
the special provisions of Part 15 of the Companies Act 2006 {'the 2006 Acr) relating
to small companies. and
FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of
Ireland,.
The financial statements are presented in sterling {£), which is the functional currency of the
charitable company. Monetary amounts in these financial statements are rounded to the nearest
Tangible Flxed Assets
All fixed assets are included at cost.
Depreciation
Depreciation is calculated to write down the cost, less estimated residual value of all tangible
fixed assets over their expected useful lives.
Properties are maintained to such a standard Ihat any depreciation is deemed to be immaterial.
Motor Vehicles
20Yo Straight Line
Incoming Resources
All incoming resources are included in the statement of financial activities when the charity is
entitled lo the income and the amount can be quantified with reasonable accuracy. The following
specific policies are applied to particular categories of income..
Voluntary income is received by way of grants, donations and gffts and is included in full in the
statement of Financial Activities when receivable. Grants. where entitlement is not conditional on
the delivery of a specific performance by the charity. are recognised when the charity becomes
unconditionally entitled to the grant.
Investment income is included when receivable.
Resources Expended
Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any
VAT which cannot be fully recovered, and is reported as part of the expenditure to which it
relates:
Charitable activty expenditure comprises those costs incurred by the charity in the delivery of its
activilies and services for its beneficiaries. It includes both costs that can be allocated directly to
such activities and those costs of an indirect nature necessary to support them.
All costs are allocated between the expenditure categories of the SOFA on a basis designated to
reflect the use of the resource. Costs relating to a particular activity are allocated directly. others
are apportioned on an appropriate basis.
-20.

KEY COMMUNITY
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2025
Accountlng Poll¢les {￿ntInued)
Going Concern
There are no material uncertainties regarding the charity's ability to continue as a going concern.
Flnanclal Instruments
Financial instruments are classified and accounted for, according to the Substan￿ of the
contractual arrangement. as either financial assets. financial liabilities or equity instruments. An
equity instrument is any contract that evidences a residual interest in the assets of the charitable
company after deducting all of its liabilities.
Value Added Tax
Value Added Tax is not recoverable by the charity and as such is included in the relevant costs in
Ihe Statement of Financial Activities.
Taxation
Due to the (ximpany's charitable operations no corporation tax is payable on the results for the
year.
Fund of Accounting
Funds held by the charity are..
Unrestricted general funds - th8S8 are funds which can be used in accordance with the charitable
objects at the discretion of the trustees.
Designated funds - thes8 are funds set aside by the trustees out of unrestricted general funds for
specific future purposes or projects.
Restricted funds - th8sè are funds that can only be used for particular restricted purposes within
the objects of the charity. Restrictions arise when specified by Ihe donor or when funds are
raised for particular réstricted purposes.
Operatlng I￿$•$
Léase paymenls are recognised as an expense over the lease term on a straight-line basis. Thè
aggregate benefit of lease in￿ntiveS is recognised as a reduction to expense over thé leas8
lemi, on a straighl-line basis.
Defined ¢ontrlbutlon plans
Contributions to defined contribution plans are recognis8d as an expense in the period in which
Ihe relaled setvice is provided. Prepaid contributions ar8 recognised as an assel to the extent
that the prepayment will lead to a reduction in future payments or a cash refund.
When contributions are nol expected to be settled wholly within 12 months of the end of the
reporting date in which the employees render the related service, the liability is measured on a
discounted present value basis. The unwinding of the discount is recognised as an expense in
Ihe period in which it arises.
VOLUNTARY INCOME- DONATIONS AND GRANTS
Unrestricted
Funds
Restrlcted
Funds
Total
2025
Total
2024
Donations - General
- Food Bank
- Great North Run
- BUS Project
Corporate
Gift Aid
Feeding Britain
12.925
12.925
25.906
12.642
38,413
501
22.399
500
141
25,906
5.463
5,463
Income from donations in 2024 was £74,596 of which £13.784 was unrestricted and £60.812 was
restricled.
-21

KEY COMMUNITY
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2025
INCOME FROM CHARITABLE ACTivrriES
Unrestrictrd
Funds
Restricted
Funds
Total
2025
Total
2024
Anson Close Income
Askins Lodge- Income
Askins
Lodge
Services
Askins Cottages
Dispersed Properties - Income
Flavia House
Healon Gardens
Hedley Close
strickland House Income
Trinity Walk
116 Baring Street - Rent from flat
Baring Street- Rent from desks
Accommodation grant
Act 435
Ballinger Grant
BUS Project - Community Foundalion
Consortium
Community Foundation
Community Foundation - Outreach
Charities Trust- Nationwide
Family Intervention
BBC Children In
Need
Food Bank- Grants
Greggs
Henry Smith
Karbon Homes
Leathersellers
Leeds Building Society
LGA
Mercers
South Tyneside Council - Jarrow Unit
South Tyneside Council - ILAC
South Tyneside Council - Grant
SMP Recovered
21.319
559.727
21,319
559,727
57,972
19,706
518.744
53.264
Commissioned
57,972
165.689
83.110
146.981
21,345
21,345
118,757
21,115
22,728
165,689
83,110
146.981
21.345
21.345
118.757
21.115
22.728
159.189
78.803
130.283
19,640
19,635
103,062
14,348
20.906
137
48,111
1,780
20,000
63,640
101,896
15,917
500
7.305
33,180
52,263
1,700
52.263
1.700
20,000
95,042
110,690
1,000
5,032
20,000
95,042
110,690
1.000
5,032
8,333
8,333
12.013
12,013
20.800
50.600
5,364
76,434
20.800
50.600
33,050
5,364
15,000
23,334
23,334
10,000
35.000
15,000
35.000
15.000
1.059
25,000
8,000
1,059
25.000
7,988
Income from charitable activities in 2024 was made up of unrestricted funds of £1.159.842 and
restricted funds of £420.676.
-22-

KEY COMMUNITY
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2025
INVESTMENT INCOME
2025
2024
Cash investments held in the UK
Investment income in both 2025 and 2024 was unrestricted.
EXPENDITURE ON RAISING FUNDS
Unrestrl¢ted
Funds
Restricted
Funds
Total
2025
Total
2024
Advertising, marketing and
development
Other fund raising costs
2.780
24
Expenditure on raising funds in 2024 was £Nil restricted and £2,804 unrestricted.
-23-

KEY COMMUNITY
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2025
EXPENDrruRE ON CHARITABLE ACTIVITIES
Unrèstrleted Restrlded
Funds
Funds
Total
2025
Total
2024
Anson Close
Askins Lodge
Askins Lodge- Commissioned SeNices
Askins Cottages
Dispersed properties
Flavia House
Heaton Gardens
Hedley Close
Strickland Hous
116 Baring Street- flat costs
Trinity Walk
Voids
Bad debts wrote off
Accommodation managers
Act 435
Bank charges
Baring Street- running costs
BUS Project
Communications
Community Foundation - Salary costs
Client Involvement
Charitl8s Trust- Nationwide
Family Inte￿ention - salary costs
Family InteNention - BBC Children in Need
Food Bank- Consumables
Advertising
Salary and costs
Rent
Equipment
-van
Volunteer expanses
Cleaning
Project Costs
Office Supplies
Govemance cost
HR
Insurance
IT
Outreach
Projects - salaries and costs
Jarrow Unit
staff costs (employed and other workers)
- Consortium
19,025
437.614
52.914
77.751
52.190
109.885
12,263
11.172
92.282
11,716
14,697
18,484
71.339
19.025
498.268
52.914
77.751
52.190
109,885
12.263
11.172
92.282
11.716
14.697
18,484
71.339
52,924
1,697
2,441
3,238
107,064
2,447
14,315
496.454
43.069
90.118
56,734
97.373
14.150
11,942
84,960
10,980
12,956
9,902
53,261
46.720
2,106
2,284
7.885
91,759
2.028
19,996
73
11,917
26.580
32,820
11,845
160
35,393
8,800
60.654
52.924
1,697
2,441
3,238
25,948
2,447
81,116
5,299
102.653
15,394
7,421
164
16,329
7,500
107,952
15.394
7,421
164
16.329
7,500
13
2.501
402
1,329
13
2,501
402
1,329
2.166
665
950
4,940
1.218
7.240
4.553
15.628
16.704
5,958
102,830
9,443
22.188
85,603
4,745
1.870
621
621
16.928
7.048
18.428
16.652
3.804
96.563
13.580
29.101
127,792
4.058
2.504
16,928
7,048
18,428
16,652
3,804
18,500
78.063
13,580
29.101
127.792
Training
Travel
4.058
2.504
Total Resources Expended
57
.24.

KEY COMMUNITY
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2025
EXPENDITURE ON CHARITABLE ACTIVITIES (contlnued)
Expenditure on charitable activities in 2024 was made up of £1,175.240 unrestricted and £408.041
réstricted funds.
Costs are allocated. where possible, directly to the project concerned. Where this is not possible the
management committee have decided upon a basis which they consider appropriate.
NET INCOMING RESOURCES FOR THE YEAR
Total
2025
Total
2024
This is stated after charglng the following:
Governance costs
10.
STAFF COSTS AND NUMBERS
2025
2024
Staff costs (employed only) comprlse:
Salaries
Employers Nl contributions
Pension costs
871,387
74,120
40,233
762.294
57,901
28.749
The figures for pension costs referred to above relate to KEY'S contribution to Staff Pension Schemes.
Two members of staff are in Stakeholder Pension Scheme and the remainder are in an aulo enrolment
scheme.
2025
2024
The average number of persons employed by the trusl was as
follows:
Manag8ment and Administrative
Charitable Activities
28
26
The number of employees whose remuneration for the year fell within the following bands. were:
2025
No.
2024
No.
£60,000 to £69,999
£70,000 to £79,999
£80,000 to £89,000
£90,000 to £99,000
Key Management Personnel
Key management personnel comprise of one employee that has authority and responsibility for
planning, directing and controlling the activities of the charity. The total compensation costs in respect
of key management personnel for services provided to the charity was £94.751 (2024: £82,710).
11. TRUSTEES REMUNERATION AND RELATED PARTY TRANSACTIONS
No members of the Trustees received any remuneration during the year {2024: £Nil)
Travel and other costs of £nil {2024: £Nil) were reimbursed.
No Trustee or other person related to the charity had any personal interest in any contract or
transaction entered into by the charity during the year (2024: £Nil).
-25-

KEY COMMUNITY
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2025
12. TAXATION
As a charity. Key Community is exempt from tax on income and gains falling within section 505 of the
Taxes Act 1988 or S252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are
applied to its charitable objects. No tax charges have arisen in the charity.
13. FIXED ASSETS - Tangible Assets
Motor
Strickland
Heaton
Vehicle
House Garden5
Hedley 116 Baring Trinity
Closo
Street
Walk
Total
Cost
At 1 April 2024
Additions
At 31 March 2025
Depreclatlon
At 1 April 2024
Charge for the
year
At 31 March 2025
Net Book Value
At 31 March 2025
At 31 March 2024
129.741
205.357
31.906
30,908
165,515 37.237 600,662
129741
205 357
165515 37237 600662
25,948
25.948
14. Debtors
2025
2024
Amounts due from consortium
Housing benefit due
Service charges due
(Xher debtors and prepayments
25,473
376,230
27,432
50.786
204.915
16.425
44,008
15. Creditors: Amounts Falllng due wlthln one Year
2025
2024
Other credrtors, accruals and deferred income
111.242
102,340
16. ANALYSIS OF NET ASSETS BETWEEN FUNDS
General
Funds
Designated Rèstrlcted
Funds
Funds
Total
Funds
Tangible fixed assets
Current assets
Current liabilities
548,766
1,141,832
548,766
1,707,183
(111.242)
182.452
(110.707)
382,899
{535)
Net Assets at 31 March 2025
82
1690 598 ￿64
-26.

KEY COMMUNITY
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2025
16. ANALYSIS OF NET ASSETS BETWEEN FUNDS (continued)- previous year
General Deslgnaled Restricted
Funds
Funds
Funds
Total
Funds
Tangible fixed assets
Current assets
Current liabilities
574.714
990,536
574,714
489.529
1.572,342
(231) (102,340)
489.298
2.044,716
92,277
(102,109)
(9.832) 1.565,250
Net Assets at 31 March 2024
17. ANALYSIS OF RESTRICTED FUND MOVEMENTS
At 1 Aprll
2024 Incoming Outgoing Transfers
At 31 March
2025
Accommodation Grant
Act 435
Awards for All
Ballinger Grant
Bursary Fund
BUS Project
Charities Trusl - Nationwide
Clothing Fund
Community Foundation - Outreach
Community Foundation - Rising
Slars
Consortium
Family Intervention
Family Intervention (BBC CIN)
Food Banklsupport packs - funding
Jarrow Unit
Greggs
Lealhersellers
Leeds Building Society
Mercers
Places for People
Propety Purchase Grants
South Tyneside Council
Young People's Activities
2,498
686
2,443
27,344
420
60,491
25,883
52,263 (52,924)
1.700
(1,6971
(1.614)
223
689
{2.443)
(27,344)
420
74.416
13,383
847
5,069
95,041 (81,116)
(36,464)
23,964
2,683
5,032
{2,646)
19,896
52,516
26,443
(15,918)
110,690 (127,792)
50,600 (56,750)
16.801
8,333 (15,394)
7,061
31,370 (19,138) (43,907)
15.000 (13,580)
(1,420)
20,800 (17.129)
(8,315)
(5,000)
15,000
23,334 (11.599)
35,000 (29,985)
57,972 (60,654>
(3,978)
35,414
37,094
198,758
167,083
8,315
3,671
10.000
11,735
14,963
3,765
1.452
7,486
2,462
6,447
1,452
48,997
2,140
489,298
25,000 (25.000) (48,997)
2.140
532.135 {570.140) (68,929)
382,364
The transfers of £68,929 represents overspend funded by unreslricted monies and brought forward
balances being spent in prior years took from unrestricted funds.
-27-

KEY COMMUNITY
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2025
17. ANALYSIS OF RESTRICTED FUND MOVEMENTS (continued)- previous year
Al 1 April
2023 Incoming Outgoing Transfers
At 31 March
2024
Accommodation Grant
Act 435
Awards for All
Ballinger Grant
Bursary Fund
BUS Project
Charities Trust- Nationwide
Clothing Fund
Community Foundation
Community Foundation - Outreach
Community Foundation - Rising
Stars
Consortium
Family Intervention
Food Banklsupport packs - fvjnding
Jarrow Unit
Leathersellers
LGA
1,107
1,012
2,443
15,012
420
40,263
30,495
48,111 (46.720)
1,780
(2,106)
2.498
686
2.443
27,344
420
60,491
25,883
20,000
{7,668)
86,039 (65,811)
7,305 (11,917>
1,666
2,256
15,917 (19,996)
500
(73)
2,413
2,683
19.896
36,223
19,613
208,218
19,896
52,516
26,443
256,070
101,896 (85,603)
66,230 (59,400)
100,710 (52,858)
8,000
(9.443)
15,000 (15.100)
10,000 (10.050)
(21,296
1.443
100
50
Mercers
Property Purchase Grants
Young People's Activities
28.782
1.452
2,140
7,486
1,452
2,140
489,298
411,845
481,488 (408,041)
4,006
-28-

KEY COMMUNITY
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2025
17. ANALYSIS OF RESTRICTED FUND MOVEMENTS (contlnued)
AcLommodation grants
Represents funding received towards working with young people
experiencing poverty and disadvantsge.
Act 435 This repres8nts donations received to give to individuals in hardship. ACT 435 is an online
charity, directly connecting those who want to give to those who are in genuine need of their help
through local church networks.
Awards for All - Represents funding received in the prior year lowards salary and office costs.
Ballinger Grant- KEY receives an annual grant award of £15.000 to help with KEY'S activities.
Bursary Fund - This is money KEY gives to young people as a bursary to help them overcom8
employment, education. and training barriers.
BUS Project - Funds were received from Community Foundatlon and Feeding Britain towards the
salary of a project lead and bus running costs.
Charities Trusl - Nationwide - Represents funds received towards tenancy retention.
Clothing Fund
This is money KEY collected previously from selling donated items on eBay and at
cash for cloth8s towards KEY projects.
Community Foundation
Represents funds received from Growih and Resilience Fund towards
infraslructure investment post supporting the development of KEY'S new servic88 In the prior year.
This year fvnds were received towards employablllty support.
Community Foundation
Rising Stars
Funds received in the prior year towards supporting
disadvantaged young people in Soulh Tyneside to reach their potential.
Community Foundation - Outreach - Represents a grant received for home resettlement packs for
young people moving into independent living in South Tyneside.
Consortium
This represents funding received for costs including the commissioned contract with
South Tyneside Council in partnership with D8Paul UK and Places for People,
Family Intervention
Funds were received from The Henry Smith Charity and BBC Children in Need
towards a mediation and intervention post for 3 years.
Food Banklsupport packs is funds KEY receives for the KEY2Lrfe Food Bank. Funds in 2024125 wèrè
re￿iVed in form of donations and grants from South Tyneside Council, In 2023124 grants were also
re￿iVed from Feeding Britain, The Neighbourly Foundation, Sir James Knott and Community
Foundation.
Greggs- Funds awarded to a young person from hardship fund in the prior year.
Jarrow unit - Represents funding received from the council lowards a unit to hold suppliers for the
food bus.
Lealhersellers - Salaries for prevention and mediation team.
Leeds Building Society To support tenancy breakdown pr8vention and retainment as part of the
resettlement team.
LGA - Represents a contribution received to the mental health and wellbeing provision.
Mercers - Grant award towards the annual salary costs of a second Family InteNention Officer post.
.29-

KEY COMMUNITY
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2025
17. ANALYSIS OF RESTRICTED FUND MOVEMENTS (contlnued)
Places for People - To support work with individuals with higher needs in supported accommodation.
Property Purchase Grants - Represents grants received towards the purchase of flats. In 2019120 KEY
received £40,000 from Clothworkers. Previously £37,237 was transferred to designated funds to fund
the purchase of the Trinty Walk property.
South Tyneside Council - To support Flavia and Strickland, the Jarrow Unit and £20,000 allocations
for service delivery in prevention of povety.
Young People's Activities- Represents grant funding received lo run young people's activltles.
18. MOVEMENT IN FUNDS
At
Incoming
Aprfl Resources
2024
Outgolng
Resources
Transfers
At
31 March
2025
Restricted funds
Charity activities
489.298
532.135
(570,140)
(68.929)
382.364
Unrestricted funds
General funds
Designated funds
(9.832)
1,565.250
1,275,737
(1.111,793)
(25.948)
(82.367)
151.296
71,745
1,690,598
Total Unrestricted
funds
1.555.418
1,275,737
(1,137.741)
68,929
1,762,343
Total Funds
-30-

KEY COMMUNITY
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2025
18. "MOVEMENT IN FUNDS (¢ontlnued) - previous year
At
Incomlng
1 Aprll Resources
2023
Outgolng Transfers At 31 March
Résource
2024
Restricted funds
Charily activities
411,845
481.488
(408,041)
4.006
489,298
Unrestrlctsd funds
General funds
Designated funds
32,579
1,509,492
1.195.397
(1,152,096) (85,712)
(25,948)
81,706
{9,832)
1,565,250
Totsl Unrestricted
funds
1,542,071
1.195.397
(1,178,044)
14.006)
1,555,418
Total Funds
Purposes of Restrl¢t•d Funds:
Charity activities.. The funding enables support to be given to young people experiencing hardship in
South Tyneside to allow them to live independenl and successful lives.
General Funds:
Funds available for the charitable company to use for the purposes of the charitable company without
restriction.
Designated Funds:
The Trustees have decided that a designated reserve within unrestricted funds should cover operating
costs for 6 months and redundancy costs should funding cease as well as reflect the value of all
assets and any major works rèquired.
Based on a "draft cash flow" for the year to 31 March 2026, six months expenditure was deemed to be
£946.881 (2024: £840,261). Therefore. the transfer required for the year is £106,620.
In addition. a further amount of £26.660 is being designaled for potential redundancy payments
bringing the provision at the ye8r end to £167,416 (2024: £140,816).
Included in the designated funds are amounts towards the major repairs fund £27,535 (2024: £9.459).
The transfer in the year of £18.076 represents an annual transfer in the year of £30,000 less expenses
on decorating and flooring incurred in the year totalling £11,924.
Based on the above, the transfer required for 31st March 2025 is £151,296.
Furthermore, funds have been designated towards f￿ed assets which r8pres8nts the value of 811
assets purchased by KEY Community as shown in note 13 of £548.766 (2024: £574,714). Expenditure
in the year of £25.948 reflects the depreciatlon on the bus.
31

KEY COMMUNITY
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2025
18. MOVEMENT IN FUNDS {contlnued)
This means that the unrestricted funds shown above should be allocated as:
Major repairs fund
Property fund
Redundancy payments- as at 31 March 2024
Designated funds for 6 months expenditure
27.535
548.766
167.416
946.881
19. ANALYSIS OF CHANGES IN DEBT
At
At
1 Apr 2024 Cash flows 31 Mar 2025
Cash at bank and in hand
20. OPERATING LEASE COMMITMENTS
The total future minimum lease payments under non-cancellable operating leases are as follows:
2025
2024
Not later than 1 year
Later than 1 year and not later than 5 years
Due in more than 5 years
55,238
4,829
55,438
14.431
193
21. RELATED PARTIES
During Ihe year, the charitable company continued to work in partnership with De Paul and
Places for People who are members of th8 South Tyneside Consortium with KEY Community.
Income for Ihe year from De Paul was £110,690 (2024: £101,896). The amounts outstanding
from De Paul at the year end were £Nil (2024: £25,474). Income for the year from Places for
People was £57.972 (2024: £53,264). The amounts outstanding from Places for People at the
year end were £14.465 (2024: £12,428).
Churches Together South Tyneside who partner with KEY to run the Key2Lrfe Foodbank is also
considered a related party. Income from Churches Together in the current year was £nil
(2024: £nil). There were no outstanding balances at the year end (2024: £nil).
22. COMPANY LIMITED BY GUARANTEE
The legal status of the Trust is that of a company limited by guarantee and has no share capital.
The liability of each member in the event of winding-up is limited to £10.
.32-