KEYCHANGE CHARITY

Registered charity 1061344 · accounts filings on the Charity Commission register · also known as KEYCHANGE

Provision of Care homes for the elderly, sheltered accommodation for elderly people and twenty four hours supported accommodation for young vulnerable homeless people.

Objects

1.THE ADVANCEMENT OF CHRISTIAN RELIGION. 2.THE RELIEF OF PERSONS WHO ARE IN NEED BY REASONS OF THEIR AGE, INFIRMITY OR FINANCIAL CIRCUMSTANCES. 3.THE PROMOTION BY SUCH MEANS AS ARE CONSISTENT WITH THE NEW LIFE IN CHRIST JESUS OUR LORD OF SUCH OTHER CHARITABLE PURPOSES IN ACCORDANCE WITH THE DOCTRINAL BASIS OF THE CHARITY

Area of benefit: NOT DEFINED

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: The Advancement Of Health Or Saving Of Lives · The Prevention Or Relief Of Poverty · Accommodation/housing · Religious Activities · Other Charitable Purposes · website · Get email alerts

Registered contact address: Southwark, London, England (from the postcode on the register)

Received the assets of Overdale; The Charity of Edith Mary Younge for the Sheffield Branch of the Christian Alliance (as stated in the register file; not confirmed against the register) — merger registered 26/05/2021.
Source: Charity Commission register of merged charities (OGL v3.0).
Latest income
£10.6m
Latest spending
£10.2m
Registered
1997
Accounts read
FY2026

Financial health, per its FY2026 accounts

The accounts state that the charity generated a net operating surplus of £0.45m and holds unrestricted reserves of £11.9m, which exceeds the stated policy target of approximately £5.0m (six months of operating costs). Per the trustees' report, the charity maintains a strong liquidity position with £4.0m in cash and short-term deposits, and the going concern basis is adopted with no material uncertainties identified.

Automated summary of the FY2026 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: six months of operating costs (held: £11.9m)
“Given the complexity of care and homeless operations, the Trustees consider an amount equivalent to six months of operating costs to be reasonable. For 2025/26, this is estimated at approximately £5.0m.”
Per its FY2026 accounts as filed with the Charity Commission.
Related-party transaction: Christian Alliance Trust Corporation Limited (CATC), which is a company limited by guarantee, is the custodian Trustee for all properties owned by Keychange. In the coming year, all properties are due to be transferred into the direct ownership of Keychange Charity, and CATC will be dissolved.
“Christian Alliance Trust Corporation Limited (CATC), which is a company limited by guarantee, is the custodian Trustee for all properties owned by Keychange. In the coming year, all properties are due to be transferred into the direct ownership of Keychange Charity, and CATC will be dissolved.” — page 44
Per its FY2026 accounts as filed with the Charity Commission.

Accounts audited by Sayer Vincent LLP. Discloses 4 of 6 completeness components.

In its annual return the charity told the Commission it is also regulated by: Care Quality Commission. This is the charity’s own declaration; it is not a rating and has not been verified by the Commission or by this site.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

Self-declared on the annual return for the financial year ending 31/03/2026

  • Volunteers: 12
  • Government income: £3,952,976 — contracts £3,952,976 (156); 37% of the £10,647,937 total gross income on the same return
  • Employees paid over £60,000: 4 (£60,001–£70,000: 1; £70,001–£80,000: 2; £90,001–£100,000: 1)
  • Has a trading subsidiary

Self-declared on the annual return for the financial year ending 31/03/2025

  • Volunteers: 5
  • Government income: £3,264,947 — contracts £3,261,574 (237), grants £3,373 (2); 34% of the £9,640,298 total gross income on the same return
  • Employees paid over £60,000: 3 (£70,001–£80,000: 2; £90,001–£100,000: 1)
  • Has a trading subsidiary

Self-declared on the annual return for the financial year ending 31/03/2024

  • Volunteers: 5
  • Government income: £2,070,669 — contracts £2,070,669 (190); 23% of the £9,106,243 total gross income on the same return
  • Employees paid over £60,000: 2 (£60,001–£70,000: 1; £80,001–£90,000: 1)

Source: this charity’s annual returns on the Charity Commission register.

Corporate structure

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Property (HM Land Registry)

6 registered titles in England and Wales held by the charity’s company or corporate body (3 freehold); recorded price paid £170k. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

CQC provider record: Keychange Charity — Registered, 13 registered locations, 1 regulated activity, last inspected 15/09/2023.charity number confirmed by CQC CQC record

Public profiles (found on the charity’s own website): facebook

Structured financials (annual return, FY ending 31/03/2026)

Total income
£15.4m
Total spending
£10.2m
Reserves (reported)
£4.3m
Employees
257

Reported reserves equal ~5.1 months of spending — above the median for charities its size (median 4.6 months; benchmarks).

Per its annual return, largest income source: Charitable activities (68% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (3.7%) (benchmarks).

Care Quality Commission ratings

CQC inspection ratings for services run by a provider matching this charity’s name (matched by name; verify provider identity on CQC’s site).

Register events

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England

Income and spending

Financial year endIncomeSpending
31/03/2026£10.6m£10.2m
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

Common questions

Is KEYCHANGE CHARITY financially healthy?

Per its FY2026 accounts: The accounts state that the charity generated a net operating surplus of £0.45m and holds unrestricted reserves of £11.9m, which exceeds the stated policy target of approximately £5.0m (six months of operating costs). Per the trustees' report, the charity maintains a strong liquidity position with £4.0m in cash and short-term deposits, and the going concern basis is adopted with no material uncertainties identified. Its FY2026 accounts were audited by Sayer Vincent LLP.

Who funds KEYCHANGE CHARITY?

Funders whose own accounts filings name KEYCHANGE CHARITY as a grant recipient include FOREST HILL CHARITABLE TRUST.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
FOREST HILL CHARITABLE TRUSTFY2024£2k
FOREST HILL CHARITABLE TRUSTFY2023£2kGeneral
FOREST HILL CHARITABLE TRUSTFY2022£1k
FOREST HILL CHARITABLE TRUSTFY2021Unverified read£500Category Header

Grants marked “Unverified read” were flagged by automated checks as possibly misread from the funder’s filed accounts. They are listed, but left out of the totals, counts and funder relationships this site computes.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with BISHOP CREIGHTON HOUSE SETTLEMENT.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
KEYCHANGE CHARITY£10.6m——unclear—no doubt
BISHOP CREIGHTON HOUSE SETTLEMENT FY2025£845k—0above—no doubt
ACTIVITEENS FY2025£144k—0unclear—no doubt
COATHAM HOUSE FY2025£531k—0below—no doubt
PRAMACARE FY2025£3.6m£70,000 - £79,999—unclear—no doubt
Caring for Communities and People FY2026£13.0m——above—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.