KEYRING-LIVING SUPPORT NETWORKS
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £242,279 for the year, primarily due to the loss of a major contract and increased salary costs from the living wage increase. However, the trustees confirm the financial position remains stable, with total funds of £5,461,814 and unrestricted reserves of £1,088,692, which they consider adequate to cover at least three months of running costs.
What the accounts disclose
“The remuneration of the highest paid member of this team was £80,294 in 24/25 (23/24: £74,590).” — page 27
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Andrea Jane Wiggins
- Brian Frisby
- Francis Chiwariro
- Nicholas Charles Grinham
- Patricia Nicoll
- Paul Rackham
- Shaun Webster
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £4.2m | £4.4m |
| 31/03/2024 | £4.4m | £4.2m |
| 31/03/2023 | £4.1m | £4.1m |
| 31/03/2022 | £4.2m | £4.0m |
| 31/03/2021 | £4.0m | £3.9m |
Common questions
Is KEYRING-LIVING SUPPORT NETWORKS financially healthy?
The accounts state that the charity reported a net deficit of £242,279 for the year, primarily due to the loss of a major contract and increased salary costs from the living wage increase. However, the trustees confirm the financial position remains stable, with total funds of £5,461,814 and unrestricted reserves of £1,088,692, which they consider adequate to cover at least three months of running costs. Its FY2025 accounts were audited by SCB (Accountants) Ltd.
What does the highest-paid employee of KEYRING-LIVING SUPPORT NETWORKS earn?
Per its FY2025 accounts, the highest-paid employee was in the £80,001 - £90,000 band.