MY SPACE HOUSING SOLUTIONS
Registered charity 1149955 · accounts filings on the Charity Commission register
Exempt Housing and Accommodation for Vulnerable Adults, Young People and Families across the UK
Causes: Education/training · Disability · Accommodation/housing · website · Get email alerts
Financial health, per its FY2025 accounts
The accounts state that the charity achieved a significant operating surplus of £51,816,123 for the year ended 31 October 2025, primarily due to a £58,555,141 gain from the extinguishment of liabilities under a Company Voluntary Arrangement (CVA). This restructuring resulted in a solvent balance sheet with net assets of £1,279,207, reversing the previous year's deficit. The trustees confirm the organisation is on a recovery journey with sufficient cash flow headroom to continue as a going concern.
Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves policy: three months of unrestricted expenditure (held: £1.3m)
“It is the trustees’ objective to hold a minimum value of three months expenditure in unrestricted income fund.”
Per its FY2025 accounts as filed with the Charity Commission.
Accounts audited by MHA. Discloses 4 of 6 completeness components.
Year-over-year changes
- Going concern: material uncertainty (FY2024) → no going-concern doubt (FY2025).
Comparing this charity’s FY2024 and FY2025 accounts as analysed by this site.
Charity Commission inquiry
The Charity Commission launched a statutory inquiry into My Space Housing Solutions following a books and records inspection that identified over £1 million paid to trustees, raising concerns about conflicts of interest and financial mismanagement. The report states that the Commission has not made any conclusions and the opening of the inquiry is not a finding of wrongdoing.
The report states the inquiry is ongoing and no conclusions have been reached. Therefore, no specific 'findings' of misconduct are confirmed in this text, only the reasons for the inquiry. I will extract the core allegations as the 'findings' of the regulator's initial assessment.
“The regulator has identified that from April 2015, £1,098,538 of the charity’s funds has been paid to 9 individuals who were serving as trustees at the time the payments were made.”
This quote explains the specific concern regarding connected party transactions.
“These payments raise concerns about conflicts of interest and an inquiry has been launched to assess potential misconduct and mismanagement.”
This quote confirms the regulatory history leading to the inquiry.
“The charity had been the subject of a regulatory compliance case which opened in July 2022 and a books and records inspection was conducted in late August 2022.”
Per the Commission’s
published report. Summary is automated; the official report is authoritative.
Insolvency history (Companies House)
The charity’s company has insolvency history on the Companies House record (company status: voluntary-arrangement).
corporate-voluntary-arrangement — 2025-03-07
In the news
Recent coverage mentioning this charity by name (automated match; headlines belong to their publishers).
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.
- STIFF, Jonathan Andrew — director, appointed 24/02/2026on trustee list
- ROCHE, Francis Anthony — director, appointed 20/05/2025on trustee list
- MCDERMOTT, Stephen Peter — director, appointed 13/06/2024on trustee list
- ST V FITZGERALD, Stuart — director, appointed 25/04/2024not on trustee list
- ELLIS, Simon Matthew — secretary, appointed 01/06/2024
Official officers record.
Property (HM Land Registry)
185 registered titles in England and Wales held by the charity’s company or corporate body (7 freehold); recorded price paid £4.9m. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.
CQC provider record: My Space Housing Solutions — Deregistered, 2 registered locations.charity number confirmed by CQC CQC record
Structured financials (annual return, FY ending 31/10/2025)
Reported reserves equal ~0.5 months of spending — in the bottom quarter for charities its size (median 4.6 months; benchmarks).
Per its annual return, largest income source: Charitable activities (100% 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 (3.8%) (benchmarks).
- Stuart St V Fitzgeraldchair
- Francis Anthony Roche
- Jonathan Stiff
- Stephen McDermott · trustee of 1 other charity
Trustee list from the Charity Commission register (current, not historical).
Operates in: Throughout England And Wales
Income and spending
Common questions
Is MY SPACE HOUSING SOLUTIONS financially healthy?
Per its FY2025 accounts: The accounts state that the charity achieved a significant operating surplus of £51,816,123 for the year ended 31 October 2025, primarily due to a £58,555,141 gain from the extinguishment of liabilities under a Company Voluntary Arrangement (CVA). This restructuring resulted in a solvent balance sheet with net assets of £1,279,207, reversing the previous year's deficit. The trustees confirm the organisation is on a recovery journey with sufficient cash flow headroom to continue as a going concern. Its FY2025 accounts were audited by MHA.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
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 TCUK HOMES LIMITED.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.