||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
|n the tota|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| |20.|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|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|||| ## ##