The Key-UK

Registered charity 1093569 · accounts filings on the Charity Commission register · also known as KEYFUND FEDERATION LIMITED, THE KEY, THE KEYFUND

KEYFUND MAKES A LASTING POSITIVE CHANGE TO THE LIVES OF DISADVANTAGED AND VULNERABLE YOUNG PEOPLE. THE KEYFUND MODEL COMBINES SUPPORT FROM A TRUSTED ADULT, A STRUCTURED BUT INFORMAL, YOUTH-LED LEARNING PROCESS FOR GROUPS WHO PLAN, DESIGN AND BUDGET ACTIVITIES OF THEIR CHOICE. IN 3 YEARS KEYFUND HELPED 16,994 YOUNG PEOPLE COMPLETE 2,425, YOUTH-LED PROJECTS.

Causes: Education/training · Economic/community Development/employment · website · Get email alerts

Latest income
£310k
Latest spending
£478k
Registered
2002
Accounts read
FY2026

Financial health, per its FY2026 accounts

The accounts state that the charity reported a planned deficit of £163,867 for the year ended 31 March 2026, resulting from total income of £314,042 against total expenditure of £477,909. Per the trustees' report, unrestricted free reserves totalled £224,890 at year-end, which the Board considers appropriate given the charity's risk profile and future commitments.

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

What the accounts disclose

Largest income source: Donations and legacies (56% of income)
“Total income 164,476 - 149,566 314,042 476,625” — page 15
Per its FY2026 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy (held: £225k)
“Excluding this future-year funding, reserves available to support current operations remain consistent with the Board's reserves target and equate to approximately 5.6 months of operating expenditure.” — page 10
Per its FY2026 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

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

Structured financials (annual return, FY ending 31/03/2024)

Total income
£560k
Total spending
£401k
Reserves (reported)
£231k
Employees
5

Reported reserves equal ~6.9 months of spending — below the median for charities its size (median 7.0 months; benchmarks).

Per its annual return, largest income source: Charitable activities (99% 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 (2.9%) (benchmarks).

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£310k£478k
31/03/2025£477k£672k
31/03/2024£560k£401k
31/03/2023£480k£387k
31/03/2022£427k£554k

Common questions

Is The Key-UK financially healthy?

Per its FY2026 accounts: The accounts state that the charity reported a planned deficit of £163,867 for the year ended 31 March 2026, resulting from total income of £314,042 against total expenditure of £477,909. Per the trustees' report, unrestricted free reserves totalled £224,890 at year-end, which the Board considers appropriate given the charity's risk profile and future commitments. Its FY2026 accounts were independently examined.

Who funds The Key-UK?

Funders whose own accounts filings name The Key-UK as a grant recipient include THE VARDY FOUNDATION, KFC FOUNDATION, THE JOHN THAW FOUNDATION.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
THE VARDY FOUNDATIONFY2023£40k
KFC FOUNDATIONFY2022£10k
THE JOHN THAW FOUNDATIONFY2023£1k

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
Community Foundation North East26/03/2026£18kGrant to Keyfund Federation Limited
The National Lottery Community Fund19/11/2025£271kThe Key to Partnerships
Community Foundation North East02/05/2024£3kGrant to Keyfund Federation Limited
UK government01/07/2023£119kNCS Trust Community Grants The Key
UK government01/07/2023£184kNCS Trust Community Grants The Key
Community Foundation North East16/03/2023£9kGrant to Keyfund Federation Limited
Community Foundation North East10/02/2023£8kGrant to Keyfund Federation Limited
The National Lottery Community Fund18/01/2023£59kWorking together with KEY+
Community Foundation North East08/12/2022£5kGrant to Keyfund Federation Limited
Community Foundation North East10/11/2022£2kGrant to Keyfund Federation Limited
Community Foundation North East28/04/2022£4kGrant to Keyfund Federation Limited
Postcode Lottery26/04/2022£25kAll Ability KEY+
Community Foundation North East20/01/2022£8kA grant to Keyfund Federation Limited
Community Foundation North East30/09/2021£5kA grant to Keyfund Federation Limited
Community Foundation North East04/07/2015£3kTowards Personal, social skills and confidence building for young people
The National Lottery Community Fund24/06/2015£10kKeyed In... to be awesome
Northern Rock Foundation19/09/2013£32kGrant awarded to Keyfund Federation Limited (North East)
Northern Rock Foundation22/06/2012£20kGrant awarded to Keyfund Federation Limited (North East)
Northern Rock Foundation13/12/2011£65kGrant awarded to Keyfund Federation Limited (North East & Cumbria)
Northern Rock Foundation28/09/2009£3kGrant awarded to Keyfund Federation Limited (North East)
Northern Rock Foundation06/10/2008£210kGrant awarded to Keyfund Federation Limited (North East)
The National Lottery Community Fund14/12/2006£106kYoung people led, annual celebration events
The National Lottery Community Fund17/03/2006£5kKeyfund Federation
Northern Rock Foundation12/07/2005£390kGrant awarded to Keyfund Federation Limited (North East)
Northern Rock Foundation12/02/2002£1.0mGrant awarded to Keyfund Federation Limited (North East)