KEELMAN HOMES LIMITED

Registered charity 1133321 · accounts filings on the Charity Commission register

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.

Causes: The Prevention Or Relief Of Poverty · Accommodation/housing · website · Get email alerts

Latest income
£2.1m
Latest spending
£2.2m
Registered
2009
Accounts read
FY2025

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.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Rental and service charge income (86% of income)
“Rental and service charge income receivable 1,839” — page 22
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: 3% of the annual expenditure budget (held: £181k)
“Keelman Homes aims to maintain its general reserves at a minimum of 3% of the annual expenditure budget” — page 7
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Expenditure and income with Gateshead Council
“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
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Expenditure and income with Karbon Homes
“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
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Key management personnel resident in company property
“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
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by S & W Audit. Discloses 5 of 6 completeness components.

Property (HM Land Registry)

146 registered titles in England and Wales held by the charity’s company or corporate body (122 freehold); recorded price paid £9.0m. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£2.1m
Total spending
£2.2m
Reserves (reported)
£180k
Employees
4

Reported reserves equal ~1.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Investments (87% 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 (5.2%) (benchmarks).

Trustees · trustee networks

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

Operates in: Gateshead

Income and spending

Financial year endIncomeSpending
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

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 CALICO HOMES LIMITED.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
KEELMAN HOMES LIMITED£2.1m—0unclear—no doubt
CALICO HOMES LIMITED FY2025£35.2m——unclear—no doubt
TCUK HOMES LIMITED FY2025£6.4m—0unclear—no doubt
ISLEWORTH & HOUNSLOW CHARITY LIMITED FY2024£1.2m£80,001 - £90,0001above—no doubt
ST CHRISTOPHER'S HOMES FY2024£3.3m—0unclear—no doubt
STROUD & DISTRICT HOMES FOUNDATION LIMITED FY2025£2.6m—0unclear—no doubt

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