KEELMAN HOMES LIMITED
The principal activity of the charity is for the development and maintenance of affordable housing, and all other landlord duties set out by the Regulator of Social Housing.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a surplus of £68,000 for the year ended 31 March 2025, with total reserves increasing to £181,000. The trustees maintain that the organization is a going concern, supported by cash flow forecasts indicating sufficient funds to meet liabilities for at least twelve months. The charity aims to maintain general reserves at a minimum of 3% of its annual expenditure budget.
What the accounts disclose
“Rental and service charge income receivable 1,839” — page 22
“Keelman Homes aims to maintain its general reserves at a minimum of 3% of the annual expenditure budget” — page 7
“The total expenditure incurred with Gateshead Council during financial year 2025 was £66,160 (2024 £218,094 ), and the total income received was £351,366 (2024: £598,091) . There were also creditors due to Gateshead Council totalling £306 (2024:£634) and a debtor amount of nil (2024: £77,935 )at 31 March 2025.” — page 28
“The total expenditure incurred with Karbon Homes during year 2025 was £559,482(2024: £282,251, and the total income received was £139,302 (2024: £78,925). There were also creditors due to Karbon totalling £32,194 (2024: £42,725) and a debtor amount of nil at 31 March 2025 (2024 : nil).” — page 29
“The total expenditure incurred with Gateshead Council during financial year 2025 was £66,160 (2024 £218,094 ), and the total income received was £351,366 (2024: £598,091) . There were also creditors due to Gateshead Council totalling £306 (2024:£634) and a debtor amount of nil (2024: £77,935 )at 31 March 2025.” — page 28
“The total expenditure incurred with Karbon Homes during year 2025 was £559,482(2024: £282,251, and the total income received was £139,302 (2024: £78,925). There were also creditors due to Karbon totalling £32,194 (2024: £42,725) and a debtor amount of nil at 31 March 2025 (2024 : nil).” — page 29
“The total expenditure incurred with Gateshead Council during financial year 2025 was £66,160 (2024 £218,094 ), and the total income received was £351,366 (2024: £598,091) . There were also creditors due to Gateshead Council totalling £306 (2024:£634) and a debtor amount of nil (2024: £77,935 )at 31 March 2025.” — page 28
“The total expenditure incurred with Karbon Homes during year 2025 was £559,482(2024: £282,251, and the total income received was £139,302 (2024: £78,925). There were also creditors due to Karbon totalling £32,194 (2024: £42,725) and a debtor amount of nil at 31 March 2025 (2024 : nil).” — page 29
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Crystal Hicks
- Gavin Brierley
- Mark Proud
- Rhiannon Piasecki
- Tom Winter
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.1m | £2.2m |
| 31/03/2024 | £1.8m | £1.3m |
| 31/03/2023 | £1.8m | £1.9m |
| 31/03/2022 | £2.4m | £1.2m |
| 31/03/2021 | £1.5m | £1.6m |
Common questions
Is KEELMAN HOMES LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a surplus of £68,000 for the year ended 31 March 2025, with total reserves increasing to £181,000. The trustees maintain that the organization is a going concern, supported by cash flow forecasts indicating sufficient funds to meet liabilities for at least twelve months. The charity aims to maintain general reserves at a minimum of 3% of its annual expenditure budget. Its FY2025 accounts were audited by S & W Audit.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE CHERUBY TRUST | 1 | — |
| THE MRS SMITH AND MOUNT TRUST | 1 | £36k |
| THE FORRESTER FAMILY TRUST | 1 | £15k |
| THE TRUEMARK TRUST | 1 | £7k |
| Q CHARITABLE TRUST | 1 | £5k |
| THE ARCHER TRUST | 1 | £5k |
Charities like this
- CALICO HOMES LIMITED
- TCUK HOMES LIMITED
- ISLEWORTH & HOUNSLOW CHARITY LIMITED
- ST CHRISTOPHER'S HOMES
- STROUD & DISTRICT HOMES FOUNDATION 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 |
|---|---|---|---|---|---|---|
| KEELMAN HOMES LIMITED | £2.1m | — | 0 | unclear | — | no doubt |
| CALICO HOMES LIMITED | £35.2m | — | — | unclear | — | no doubt |
| TCUK HOMES LIMITED | £6.4m | — | 0 | unclear | — | no doubt |
| ISLEWORTH & HOUNSLOW CHARITY LIMITED | £1.2m | £80,001 - £90,000 | 1 | above | — | no doubt |
| ST CHRISTOPHER'S HOMES | £3.3m | — | 0 | unclear | — | no doubt |
| STROUD & DISTRICT HOMES FOUNDATION LIMITED | £2.6m | — | 0 | unclear | — | no doubt |