2021-12-31-accounts - Key4life CIO

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	Page	Page
Reference and Administrative Details
Report ofthe Trustees	2	to	7
Independent Examiner's Report
Statement of Financial Activities
Statement of Financial Position	10	to	11
Statement ofCash Flows
Notes to the Statement ofCash Flows		13
Notes to the Financial Statements	14	to	28

		F	OR THE	YEAR END	ED 31 DECEM	BER 2021
							31.12.21	31.12.20
					Unrestricted	Restricted	Total	Total
					fund	funds	funds	funds
				Notes			E
INCOME AND ENDOWMENTS Donations and legacies			FROM	3	190,663	41,207	231,870	294,379
Charitable activities Programme Delivery					123,532	573,670	697,202	521,116
Other trading activities Investment income					906	26,562	26,562 906	12,652 2,172
Total					315,101	641,439	956,540	830,319
EXPENDITURE ON Raising funds					70,349	1,833	72,182	39,182
Charitable activities Programme Delivery Support Costs Governance Costs					124,637 70,982 5,880	443,106 159,690	567,743 230,672 5,880	376,227 350,802 3,480
Total					271,848	604,629	876,477	769,691
NET INCOME					43,253	36,810	80,063	60,628
Transfers between	funds			20	105,902	(105,902)
Net movement in funds					149,155	(69,092)	80,063	60,628
RECONCILIATION	OF FUNDS
Total funds brought		forward			169,675	718,662	888,337	827,709
TOTAL FUNDS CARRIED FORWARD					318,830	649,570	968,400	888,337

	KEY4LIFE CIO	KEY4LIFE CIO
	STATEMENT OF FINANCIAL		POSITION
		31 DECEMBER 2021
				31.12.21	31.12.20
		Notes		f	P
FIXEDASSETS Tangible assets		15		46,077	41,831
CURRENT ASSETS Debtors Cash at bank and in hand		16		390,343 554,356	345,702 530,761
				944,699	876,463
CREDITORS Amounts falling due within one year		17		(22,376)	(29,957)
NET CURRENT ASSETS				922,323	846,506
TOTAL ASSETS LIABILITIES	LESSCURRENT			968,400	888,337
NET ASSETS				968,400	888,337
FUNDS Unrestricted funds Restricted funds		20		318,830 649,570	169,675 718,662
TOTAL FUNDS				968,400	888,337

FOR THE YEAR ENDED	31 DECEMBER 2021
	31.12.21	31.12.20
Notes		F
Cash flows from operating activities Cash generated from operations	33,427	196,076
Net cash provided by operating activities	33,427	196,076
Cash flows from investing activities Purchase oftangible fixed assets Interest received	(10,738) 906	(8,476) 2,172
Net cash used in investing activities	(9,832)	(6,304)
Change in cash and cash equivalents in the reporting period	23,595	189,772
Cash and cash equivalents at the beginning ofthe reporting period	530,761	340,989
Cash and cash equivalents at the end ofthe reporting period	554,356	530,761

FOR	FOR	THE YEAR ENDED 31 DECEM	THE YEAR ENDED 31 DECEM	BER 2021	BER 2021	BER 2021
RECONCILIATION OF NET		INCOME TO NET CASH FLOW		FROM OPERATING ACTIVITIES 31.12.21 31.12.20
					F	F
Net income for the Financial Activities)	reporting		period (as per the Statement	of	80,063	60,628
Adjustments for: Depreciation charges Interest received (Increase)/decrease Decrease in creditors	in debtors				6,492 (906) (44,641 ) (7,581 )	7,182 (2,172) 148,765 (18,327)
Net cash provided	by operations				33,427	196,076
ANALYSIS OF CHANGES		IN	NET FUNDS
				At 1.1.21 E	Cash flow f	At 31.12.21
Net cash Cash at bank and in	hand			530,761	23,595	554,356
				530,761	23,595	554,356
Total				530,761	23,595	554,356

	DONATIONS ANDLEGACIES
			31.12.21	31.12.20
			F	E
	Donations		231,870	294,379
4.	OTHER TRADING ACTIVITIES		31.12.21	31.12.20
			P	E
	Burger Venture		26,562	12,652
5.	INVESTMENT INCOME		31.12.21	31.12.20
			E
	Deposit account interest		906	2,172
6.	INCOME FROM CHARITABLE ACTIVITIES		31.12.21	31.12.20
	Grants Activity Programme	Delivery	E 697,202	F 521,116

Grants received, included i	l amounts per the previous	page, are as
follows:		31.12.21	31.12.20
		E		E
Henry Smith Young Londoner's Fund Schroders Charles Hayward Rayne Foundation Swire Garfield Weston HCD Memorial Fund Dulverton Trust People's Postcode Trust John James Belpech Charitable Trust Sir Robert McAlpine The Funding Network Landsec Thames Water Ltd Nisbets HMP Forest Bank Corporate Mercers Quartet CF Edward Gostlin Peter Stebbing Memorial Fund Whirlwind Charitable Trust Troubled Families Fund		150,000 131,202 50,000 50,000 40,000 40,000 30,000 25,000 24,750 20,000 20,000 15,000 15,000 12,307 10,000 10,000 10,000 10,000 10,000 6,000 5,000 5,000 5,000 5,000 3,410		47,962 30,000 30,000 25,000 19,828 10,000 10,729 72,310
Sony Music				60,000
Fishmongers				50,000
CHK Foundation				30,000
Drapers				30,000
HMP Brixton				22,900
John Lyons Berkeley Foundation Bristol City Council -Covid-19 London Borough of Hammersmith	8 Fulham			10,000 10,000 10,000 7,500
IICF Jack's Fund Home Office London Community Fund Individually less than 25k		(21,941 ) 16,474		3,205 (5,000) 43,882 2,800
		697,202		521,116

RAISING FUNDS
Raising donations and legacies	31.12.21	31.12.20
	E
Corporate engagements Other fundraising costs Consultancy	23,972 22,647 25,563	14,009 25,173
	72,182	39,182

CHARITABLE ACTIVITIES COSTS
	Direct	Support
	Costs (see	costs (see
	note 9)	note 10)	Totals
	F		E
Programme Delivery Support Costs Governance Costs	567,743 230,672	5,880	567,743 230,672 5,880
	798,415	5,880	804,295
DIRECT COSTS OF CHARITABLE ACTIVITIES		31.12.21	31.12.20
		P
Staff costs Project costs Administration and consultancy Premises costs Subcontractor costs Depreciation Exceptional items		322,718 215,100 158,053 33,264 62,827 6,453	337,330 104,256 150,516 30,805 84,120 6,816 13,186
		798,415	727,029

SUPPORTC	OSTS
				Governance
				costs
				E
Governance	Costs			5,880
Support costs, included		in the above, are as follows:	31.12.21	31.12.20
			Governance	Total
			Costs	activities
Accountancy	and legal	fees	5,880	3,480
NET INCOME/(EXPENDITURE)
Net income/(expenditure)		is stated after charging/(crediting):
			31.12.21	31.12.20
Depreciation	-owned assets		6,453	7,182

		31.12.21	31.12.20
		R
Wages Social Other	and salaries security costs pension costs	292,840 24,402 5,476	306,387 25,760 5,183
		322,718	337,330

NOTES TO THE FINANCIAL STATEMENTS -continued FOR THE YEAR ENDED 31 DECEMBER 2021	NOTES TO THE FINANCIAL STATEMENTS -continued FOR THE YEAR ENDED 31 DECEMBER 2021	NOTES TO THE FINANCIAL STATEMENTS -continued FOR THE YEAR ENDED 31 DECEMBER 2021
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
		Unrestricted	Restricted	Total
		fund	funds	funds
			P
INCOME AND ENDOWMENTS Donations and legacies	FROM	294,379		294,379
Charitable activities Programme Delivery		123,882	397,234	521,116
Other trading activities Investment income		6,277 2,172	6,375	12,652 2,172
Total		426,710	403,609	830,319
EXPENDITURE ON Raising funds		39,012	170	39,182
Charitable activities Programme Delivery Support Costs Governance Costs		149,917 217,576 3,480	226,310 133,226	376,227 350,802 3,480
Total		409,985	359,706	769,691
NET INCOME		16,725	43,903	60,628
Transfers between funds		(58,932)	58,932
Net movement in funds		(42,207)	102,835	60,628
RECONCILIATION OF FUNDS
Total funds brought forward		211882	615827	827,709
TOTAL FUNDS CARRIED FORWARD		169,675	718,662	888,337

TANGIBLE FIXEDASS	E	TS
		Fixtures
		and	Motor	Computer
		fittings	vehicles	equipment	Totals
		F	F	F	F
COST
At 1 January 2021 Additions		30,544 220	15,565	11,960 10,518	58,069 10,738
Reclassification		(350)		350
At 31 December 2021		30,414	15,565	22,828	68,807
DEPRECIATION
At 1 January 2021 Charge for year Reclassificatlon/transfer		4,560 2,588	4,179 2,277	7,499 1,588 39	16,238 6,453 39
At 31 December 2021		7,148	6,456	9,126	22,730
NET BOOK VALUE At 31 December 2021		23,266	9,109	13,702	46,077
At 31 December 2020		25,984	11,386	4,461	41,831
DEBTORS:AMOUNTS	FALLING DUE WITHIN ONE YEAR			31.12.21	31.12.20
				F	E
Trade debtors Other debtors Prepayments and accrued		income		99,027 383 290,933	51,238 1,880 292,584
				390,343	345,702
CREDITORS: AMOUNTS		FALLING DUE WITHIN ONE YEAR		31.12.21	31.12.20
				F	F
Trade creditors Social security and other taxes Other creditors Accruals and deferred income				7,706 7,950 6,720	10,234 10,333 1,405 7,985
				22,376	29,957

				31.12.21	31.12.20
Within	one year				2,271
ANALYSIS OF NET ASSETS BETWEEN FUNDS
				31.12.21	31.12.20
		Unrestricted	Restricted	Total	Total
		fund	funds	funds	funds
		E	E		E
Fixed assets		46,077		46,077	41,831
Current	assets	295,129	649,570	944,699	876,463
Current	liabilities	(22,376)		(22,376)	(29,957)
		318,830	649,570	968,400	888,337

MOVEMENT IN FUNDS
			Net	Transfers
			movement	between	At
		At 1.1.21 E	in funds f	funds f	31.12.21
Unrestricted funds General fund		169,675	43,253	105,902	318,830
Restricted funds Donations Berkeley Foundation BFSS Big Lottery Fund CHK Foundation City Bridge Trust Drapers ESDF Fishmonger Food Cell HCD Memorial Fund Heathrow Community Trust HMP Brixton IICF John James John Lyons Landsec Leathersellers Linklaters Lloyds Bank Foundation Mercers MOPAC Nisbets Paul Hamlyn People's Postcode Trust Rayne Foundation Sir John Cass Foundation Sony Music Swire Troubled Families William Waites Wormwood Scrubs Young Londoner's Fund HMP Forest Bank Henry Smith Charles Hayward Corporate Daisy Trust Tom's Trust Sir Robert McAlpine Thames Water Ltd Dulverton Trust Quartet CF Chesterhill Charitable Found Edwards Gostlin Peter Stebbing Memorial Fu Prism Souter Whirlwind Charitable Trust The Funding Network	ation nd	2,940 1,648 35,125 23,635 66,556 30,000 10,482 54,505 24,096 12,754 19,330 15,979 21,534 16,501 59,368 10,440 65,621 9,537 1,000 2,057 9,984 7,088 24,076 72,310 19,783 46,342 28,715 5,913 21,343	(3,204) 20,319 (3,729) (141) 20,212 (2,261) (321) (1,440) (1,809) (1,805) 160 (12,407) (1,809) (6,700) (30,231) 3,442 (76) (30,574) (2,823) 68,780 (7,700) 2,618 1,500 5,000 (1,356) 1,863 19,993 (452) 185 932 (771) 3,000 372 (452) (1,505)	264 (20,319) (30,000) 1,809 (10,440) 10,350 6,700 (24,076) (42,079) (19,783) 9,231 2,823 7,700 (2,618) 1,356 452 771 452 1,505	1,648 31,396 23,635 66,556 10,482 54,364 20,212 21,835 12,754 19,009 14,539 21,534 14,696 59,368 65,621 9,697 1,000 9,984 5,279 49,784 28,715 5,837 68,780 1,500 5,000 1,863 19,993 185 932 3,000 372

		FOR THE YEAR ENDED 31 DECEM	FOR THE YEAR ENDED 31 DECEM	BER 2021
20.	MOVEMENT IN FUNDS	- continued
			718,662	36,810	(105,902)	649,570
	TOTAL FUNDS		888,337	80,063		968,400
	Net movement in funds,	included	in the above are as follows:
				Incoming	Resources	Movement
				resources	expended	in funds
				E
	Unrestricted funds
	General fund			315,101	(271,848)	43,253
	Restricted funds
	Donations Berkeley Foundation Big Lottery Fund Fishmonger Food Cell HCD Memorial Fund HMP Brixton IICF John James Landsec Mercers Nisbets People's Postcode Trust Rayne Foundation Sony Music Troubled Families Wormwood Scrubs Young Londoner's Fund HMP Forest Bank Henry Smith Charles Hayward Corporate Daisy Trust Tom's Trust Sir Robert McAlpine Thames Water Ltd Dulverton Trust Quartet CF Chesterhill Charitable Fou Edwards Gostlin Peter Stebbing Memorial F Prism Souter Whirlwind Charitable Trust The Funding Network ndation Und			20,439 1 36,112 25,000 20,000 10,000 6,000 10,000 20,000 40,000 3,410 131,202 10,000 150,000 50,000 14,718 1,500 5,000 15,000 10,000 24,750 5,000 1,000 5,000 5,000 3,000 2,000 5,000 12,307	(3,204) (120) (3,730) (141) (15,900) (27,261) (321) (1,440) (21,809) (11,805) (5,840) (22,407) (21,809) (46,700) (30,231 ) 32 (76) (161,776) (12,823) (81,220) (57,700) (12,100) (16,356) (8,137) (4,757) (5,452) (815) (4,068) (5,771 ) (1,628) (5,452) (13,812)	(3,204) 20,319 (3,729) (141) 20,212 (2,261) (321) (1,440) (1,809) (1,805) 160 (12,407) (1,809) (6,700) (30,231 ) 3,442 (76) (30,574) (2,823) 68,780 (7,700) 2,618 1,500 5,000 (1,356) 1,863 19,993 (452) 185 932 (771) 3,000 372 (452) (1,505)
				641,439	(604,629)	36,810
	TOTAL FUNDS			956,540	(876,477)	80,063

Comparatives for m	ovement in funds
			Net	Transfers
			movement	between	At
		At 1.1.20	in funds	funds	31.12.20
		E	E		E
Unrestricted funds
General fund		211,882	16,725	(58,932)	169,675
Restricted funds
Donations			2,940		2,940
Berkeley Foundation BFSS Big Lottery Fund CHK Foundation City Bridge Trust Drapers ESDF		1,648 47,571 73,361 12,135	(28,254) (12,446) 23,635 (6,805) 30,000 (1,653)	28,254	1,648 35,125 23,635 66,556 30,000 10,482
ESDF Home Office Fishmonger Food Cell Hammersmith United HCD Memorial Fund Heathrow Community HMP Brixton Home Office IICF Jack's Fund	Charities Trust	3,287 6,250 17,350 5,000 9,420	(4,155) 54,505 (643) (25) 17,846 (4,596) 19,330 (7,066) 6,559 (8,911)	868 643 25 2,066 8,911	54,505 24,096 12,754 19,330 15,979
John James John Lyons Landsec Leathersellers Linklaters Lloyds Bank Foundation Mercers MOPAC Nisbets Paul Hamlyn People's Postcode Trust Rayne Foundation Sir John Cass Foundation Sony Music Swire Troubled Families VRU Seed Fund William Waites Wormwood Scrubs Young Londoner's Fund		766 6,501 60,000 10,440 89,708 25,164 1,000 20,913 44,198 (1,500) 10,560 26,435 20,000 49,000 16,988 30,837 9,706 19,089	(11,214) 21,534 10,000 (632) (24,087) (15,627) (18,856) (34,214) 8,588 (16,331) (2,359) 72,310 (217) (2,658) (18,934) (2,122) (3,793) 2,254	10,448 5,771 1,946	21,534 16,501 59,368 10,440 65,621 9,537 1,000 2,057 9,984 7,088 24,076 72,310 19,783 46,342 28,715 5,913 21,343
		615,827	43,903	58,932	718,662
TOTAL FUNDS		827,709	60,628		888,337

Comparative net movement in funds, included	in the above are as follows:
	Incoming	Resources	Movement
	resources E	expended f	in funds F
Unrestricted funds General fund	426,710	(409,985)	16,725
Restricted funds Donations Berkeley Foundation Big Lottery Fund CHK Foundation City Bridge Trust Drapers ESDF ESDF Home Office Fishmonger Food Cell Hammersmith United Charities HCD Memorial Fund Heathrow Community Trust HMP Brixton Home Office IICF Jack's Fund John James John Lyons Landsec Leathersellers Lloyds Bank Foundation Mercers Nisbets Paul Hamlyn People's Postcode Trust Rayne Foundation Sir John Case Foundation Sony Music Swire Troubled Families VRU Seed Fund William Waites Wormwood Scrubs Young Londoner's Fund	2,800 10,000 50,000 30,000 60,000 25,000 30,000 (5,000) 7,500 9,580 22,900 10,000 19,828 72,310 10,729 47,962	140 (38,254) (12,446) (26,365) (6,805) (1,653) (4,155) (5,495) (643) (25) (7,154) (4,596) (10,670) (2,066) (941) (18,491 ) (11,214) (1,366) (632) (24,087) (15,627) (18,856) (34,214) (11,240) (16,331 ) (2,359) (217) (13,387) (18,934) (2,122) (3,793) (45,708)	2,940 (28,254) (12,446) 23,635 (6,805) 30,000 (1,653) (4,155) 54,505 (643) (25) 17,846 (4,596) 19,330 (7,066) 6,559 (8,911) (11,214) 21,534 10,000 (632) (24,087) (15,627) (18,856) (34,214) 8,588 (16,331 ) (2,359) 72,310 (217) (2,658) (18,934) (2,122) (3,793) 2,254
	403,609	(359,706)	43,903
FUNDS	830,319	(769,691)	60,628

FOR THE YEA	FOR THE YEA	R ENDED 31 DE	CEMBER 2021
MOVEMENT IN FUNDS - continued
People's Postcode	Trust	To go towards	Bristol At Risk programme to support 15
		young men.
Rayne Foundation		To go towards	the Bristol At Risk programme.
Young Londoner's	Fund	To go towards	activities for school intervention	workshops,
		London At Risk programme and to train 10Key Mentors.
HMP Forest Bank,	Sodexo	Supporting our	prison programme in HMP Forest Bank.
Fishmon gers		To go towards	the HMP Brixton programme to	support 25
		young men through the programme.
Charles Hayward		To go towards the London At Risk programme.
Sir Robert McAlpine		To go towards	supporting our At Risk programmes in
		Bristol and the	South West.
The Funding Network		Funding of Key	Mentors in Bristol and London.
Transfers between	funds