KEYCHANGE CHARITY
Provision of Care homes for the elderly, sheltered accommodation for elderly people and twenty four hours supported accommodation for young vulnerable homeless people.
Financial health, per its FY2025 accounts
The accounts state that the charity generated a net operating surplus of £0.4m for the year ending March 2025, a turnaround from the previous year's loss. Per the trustees' report, unrestricted reserves stood at £4m, which is below the stated policy target of approximately £4.6m (six months of operating costs). The trustees confirm the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“The total employee benefits (including pension contributions and employer's national insurance) of the key management personnel were £431,968 (2024: £346,942).” — page 55
“Total turnover from care homes and housing communities for the year ending 31 March 2025 was £9.6m”
“When considering the nature of care and homeless operations, the Trustees consider an equivalent to six months of operating costs, a reasonable value. For 2024/25, this value is estimated to be approximately £4.6m.”
Year-over-year changes
- Going concern: going-concern doubt noted (FY2024) → no going-concern doubt (FY2025).
Corporate structure
- Registered company of the charity Companies House 03317563
Company officers (Companies House)
- COCKELL, Stephen Frank on trustee list
- ASIODU, Brenda Gwendolyn on trustee list
- HO, Annie Sai Ki on trustee list
- ROBERTS, Glenda Ann on trustee list
- COOK, Bradley on trustee list
- POWLEY, Sarah Elizabeth on trustee list
- BIRD, Ian Michael on trustee list
- BIRD, Madeline on trustee list
- CANTORE, Stefan Paul on trustee list
- LEGGETT, Nicholas William Michael, Rev on trustee list
- COTTERALL, Timothy Charles on trustee list
- DOWNING, Benjamin
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Care Quality Commission ratings
- Keychange Charity Alde House: Requires improvement
- Keychange Charity Erith House Care Home: Good
- Keychange Charity Fair Havens Care Home: Good
- Keychange Charity Alexander House Care Home: Good
- Keychange Charity Rosemary Mount Care Home: Good
- Keychange Charity Romans Care Home: Good
- Keychange Charity Rose Lawn Care Home: Outstanding
Register events
- Received assets from another charity (20/05/2026)
- Received assets from another charity (21/01/2026)
- Received assets from another charity (26/05/2021)
- Received assets from another charity (26/05/2021)
Trustees
- Timothy Cotterallchair
- Annie Ho
- Bradley Cook
- Brenda Asiodu
- Glenda Roberts
- Ian Micheal Bird
- Madeline Bird
- Nicholas Leggett
- Sarah Powley
- Stefan Cantore
- Stephen Cockell
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £9.6m | £9.1m |
| 31/03/2024 | £9.1m | £9.6m |
| 31/03/2023 | £8.9m | £9.6m |
| 31/03/2022 | £9.0m | £9.8m |
| 31/03/2021 | £8.8m | £9.2m |
Common questions
Is KEYCHANGE CHARITY financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a net operating surplus of £0.4m for the year ending March 2025, a turnaround from the previous year's loss. Per the trustees' report, unrestricted reserves stood at £4m, which is below the stated policy target of approximately £4.6m (six months of operating costs). The trustees confirm the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were audited by Sayer Vincent LLP.
What does the highest-paid employee of KEYCHANGE CHARITY earn?
Per its FY2025 accounts, the highest-paid employee was in the unclear band.
Who funds KEYCHANGE CHARITY?
Funders whose own accounts filings name KEYCHANGE CHARITY as a grant recipient include FOREST HILL CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| FOREST HILL CHARITABLE TRUST | FY2024 | £2k | |
| FOREST HILL CHARITABLE TRUST | FY2023 | £2k | General |
| FOREST HILL CHARITABLE TRUST | FY2022 | £1k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| COUNTY OF GLOUCESTERSHIRE COMMUNITY FOUNDATION | 1 | £10k |
| JOHNNIE JOHNSON TRUST | 1 | £8k |
| THE MONTAL CHARITABLE TRUST | 1 | £5k |
| SKIPTON BUILDING SOCIETY CHARITABLE FOUNDATION | 1 | £1k |
Charities like this
- Stay Charity
- THE JAMES CHARITIES
- THE ABBEYFIELD GREAT MISSENDEN AND DISTRICT SOCIETY
- Beaconwild Ltd
- EOTHEN HOMES LIMITED
- SUTTON AND CHEAM ELDERLY PEOPLE'S HOUSING ASSOCIATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| KEYCHANGE CHARITY | £9.6m | unclear | — | unclear | — | no doubt |
| Stay Charity | £2.2m | — | 0 | unclear | — | no doubt |
| THE JAMES CHARITIES | £519k | — | 0 | unclear | — | no doubt |
| THE ABBEYFIELD GREAT MISSENDEN AND DISTRICT SOCIETY | £355k | — | 0 | unclear | — | no doubt |
| Beaconwild Ltd | £2.2m | — | — | unclear | — | no doubt |
| EOTHEN HOMES LIMITED | £6.5m | — | — | unclear | — | no doubt |