KEY COMMUNITY
The KEY Project provide a range of support services to disadvantaged young people in South Tyneside. We do this by offering: Floating Support, giving practical support to vulnerable young people in their properties; Prevention of Homelessness, mediating between young people and their parents/guardians. We work closely with the local authority, Housing Associations, church and community groups.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net incoming resource surplus of £99,991 for the year ended 31 March 2025, with total unrestricted funds of £1,762,343. The trustees have designated reserves equivalent to six months of expenditure (£946,881) plus additional provisions for redundancy and major repairs, totaling £1,690,598 in designated funds. The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“The establishment of a Reserves Policy aims to build up reserves equivalent to six months’ expenditure”
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Corporate structure
- Registered company of the charity Companies House 05031398
Company officers (Companies House)
- MILTON, Tracy on trustee list
- CUNNINGHAM, Gill on trustee list
- TRAYNOR, David on trustee list
- OGDEN, Iain on trustee list
- HAYTON, Penelope Jane Clark on trustee list
- HAMILTON, Steven on trustee list
- ALLEN, Ross
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (04/12/2025)
Trustees
- David Traynor
- Gill Cunningham
- Iain Ogden
- Penelope Hayton
- STEVEN HAMILTON
- Tracy Milton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.8m | £1.7m |
| 31/03/2024 | £1.7m | £1.6m |
| 31/03/2023 | £1.6m | £1.4m |
| 31/03/2022 | £1.5m | £1.1m |
| 31/03/2021 | £1.4m | £1.0m |
Common questions
Is KEY COMMUNITY financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net incoming resource surplus of £99,991 for the year ended 31 March 2025, with total unrestricted funds of £1,762,343. The trustees have designated reserves equivalent to six months of expenditure (£946,881) plus additional provisions for redundancy and major repairs, totaling £1,690,598 in designated funds. The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Torgersens.
Who funds KEY COMMUNITY?
Funders whose own accounts filings name KEY COMMUNITY as a grant recipient include THE MERCERS CHARITABLE FOUNDATION, LEEDS BUILDING SOCIETY CHARITABLE FOUNDATION, THE BALLINGER CHARITABLE TRUST, Reece Family Trust.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE MERCERS CHARITABLE FOUNDATION | FY2025 | £35k | Church & Communities Programme |
| THE MERCERS CHARITABLE FOUNDATION | FY2023 | £30k | Church & Communities Programme |
| THE MERCERS CHARITABLE FOUNDATION | FY2022 | £30k | Church & Communities Programme |
| LEEDS BUILDING SOCIETY CHARITABLE FOUNDATION | FY2025 | £25k | Large Grant |
| THE BALLINGER CHARITABLE TRUST | FY2023 | £20k | |
| THE BALLINGER CHARITABLE TRUST | FY2024 | £20k | |
| Reece Family Trust | FY2023 | £10k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Sport England | 02/09/2025 | £12k | Key Youth Movers |
| Community Foundation North East | 01/05/2025 | £2k | Grant to Key Community |
| Community Foundation North East | 05/03/2025 | £1k | Grant to Key Community |
| Community Foundation North East | 20/02/2025 | £5k | Grant to Key Community |
| The Mercers' Company | 24/01/2024 | £105k | Grant to Key Community |
| Community Foundation North East | 16/03/2023 | £2k | Grant to Key Community |
| Community Foundation North East | 20/04/2022 | £750 | Grant to Key Community |
| Community Foundation North East | 17/03/2022 | £10k | A grant to South Tyneside Churches' KEY Project |
| The National Lottery Community Fund | 16/03/2022 | £308k | Community Food Bus |
| Community Foundation North East | 06/01/2022 | £4k | A grant to South Tyneside Churches' KEY Project |
| Community Foundation North East | 23/09/2021 | £10k | A grant to South Tyneside Churches' KEY Project |
| Community Foundation North East | 22/07/2021 | £3k | A grant to South Tyneside Churches' KEY Project |
| Community Foundation North East | 15/07/2021 | £3k | A grant to South Tyneside Churches' KEY Project |
| Community Foundation North East | 17/06/2021 | £2k | A grant to South Tyneside Churches' KEY Project |
| Community Foundation North East | 27/05/2021 | £8k | A grant to South Tyneside Churches' KEY Project |
| The National Lottery Community Fund | 19/02/2021 | £10k | Wellbeing Activities Worker |
| UK government | 05/10/2020 | £16k | Coronavirus Community Support Fund |
| UK government | 01/10/2020 | £4k | DCMS VSCE CMC Covid Funding |
| The Mercers' Company | 03/04/2020 | £8k | Covid-19 Rapid Response Fund Grant |
| The Mercers' Company | 29/01/2020 | £90k | Grant to South Tyneside Churches KEY Project |
| The National Lottery Community Fund | 27/06/2019 | £10k | Delivery and removal van |
| Community Foundation North East | 12/03/2019 | £13k | For work with young people experiencing poverty and disadvantage |
| Community Foundation North East | 08/03/2019 | £25k | Infrastructure investment post supporting the development of KEY's new services |
| UK government | 22/02/2019 | £18k | New Supported Housing Project |
| Community Foundation North East | 13/02/2019 | £1k | Towards the delivery of support services for homeless young people |
Funders of similar charities
Charities like this
- KEYCHANGE CHARITY
- Caring for Communities and People
- KEYRING-LIVING SUPPORT NETWORKS
- KEY ENTERPRISES (1983) LIMITED
- Stay Charity
- FLEDGE YOUTH SUPPORT
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| KEY COMMUNITY | £1.8m | — | — | unclear | — | no doubt |
| KEYCHANGE CHARITY | £9.6m | unclear | — | unclear | — | no doubt |
| Caring for Communities and People | £13.0m | — | — | above | — | no doubt |
| KEYRING-LIVING SUPPORT NETWORKS | £4.2m | £80,294 | — | unclear | — | no doubt |
| KEY ENTERPRISES (1983) LIMITED | £552k | — | 0 | below | — | no doubt |
| Stay Charity | £2.2m | — | 0 | unclear | — | no doubt |