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.
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
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.
What the accounts disclose
“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.”
“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
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
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)
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 31/03/2026)
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 |
|---|---|---|
| 31/03/2026 | £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
| 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 | |
| FOREST HILL CHARITABLE TRUST | FY2021 | Unverified read£500 | Category Header |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE SIR JAMES ROLL CHARITABLE TRUST | 3 | £7k |
| THE LIZ AND TERRY BRAMALL FOUNDATION | 1 | £217k |
| THE ROYAL NAVY AND ROYAL MARINES CHARITY | 1 | £133k |
| THE MAHORO CHARITABLE TRUST | 1 | £100k |
| THE BALLINGER CHARITABLE TRUST | 1 | £100k |
| THE TOTTENHAM GRAMMAR SCHOOL FOUNDATION | 1 | £61k |
| THE SCHRODER FOUNDATION | 1 | £60k |
| THE A M FENTON TRUST | 1 | £56k |
Charities like this
- BISHOP CREIGHTON HOUSE SETTLEMENT
- ACTIVITEENS
- COATHAM HOUSE
- PRAMACARE
- Caring for Communities and People
- BEEHIVE CARE GROUP
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| KEYCHANGE CHARITY | £10.6m | — | — | unclear | — | no doubt |
| BISHOP CREIGHTON HOUSE SETTLEMENT | £845k | — | 0 | above | — | no doubt |
| ACTIVITEENS | £144k | — | 0 | unclear | — | no doubt |
| COATHAM HOUSE | £531k | — | 0 | below | — | no doubt |
| PRAMACARE | £3.6m | £70,000 - £79,999 | — | unclear | — | no doubt |
| Caring for Communities and People | £13.0m | — | — | above | — | no doubt |