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MHS HOMES LIMITED

Registered charity 1177565 · accounts filings on the Charity Commission register

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Latest income
£83.7m
Latest spending
£73.0m
Registered
2018
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the Group generated a surplus of £10.6 million for the year ended 31 March 2025, with total turnover increasing to £82.7 million. Per the trustees' report, the charity maintains strong financial resilience, holding £90 million of undrawn funding and exceeding its reserves policy requirements for cashflow coverage. The Group reports no material uncertainties regarding its ability to continue as a going concern.

What the accounts disclose

Trading subsidiary: Chatham Maritime K1 Construction Limited, Chatham Maritime K1 Developments Limited, mhs commercial services limited, mhs community charity limited
“Chatham Maritime K1 Construction Limited is responsible for delivering elements of the Group development programme. Chatham Maritime K1 Developments Limited is a commercial subsidiary whose sole activity is the ownership of the head office for the Group. mhs commercial services limited and mhs community charity limited are dormant companies.” — page 30
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by BDO LLP. Discloses 3 of 6 completeness components.

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

Total income
£83.7m
Total spending
£73.0m
Cost of raising funds
£2.0m
Reserves (reported)
£410.7m
Employees
291

Reported reserves equal ~67.5 months of spending — in the top quarter for charities its size (median 4.6 months; benchmarks).

Trustees

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

Operates in: Kent

Income and spending

Financial year endIncomeSpending
31/03/2025£83.7m£73.0m
31/03/2024£71.3m£60.8m
31/03/2023£67.4m£50.7m
31/03/2022£65.9m£49.3m
31/03/2021£60.5m£44.0m

Common questions

Is MHS HOMES LIMITED financially healthy?

The accounts state that the Group generated a surplus of £10.6 million for the year ended 31 March 2025, with total turnover increasing to £82.7 million. Per the trustees' report, the charity maintains strong financial resilience, holding £90 million of undrawn funding and exceeding its reserves policy requirements for cashflow coverage. The Group reports no material uncertainties regarding its ability to continue as a going concern. Its FY2025 accounts were audited by BDO LLP.