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MHS HOMES LIMITED

Registered charity 1177565 · accounts filings on the Charity Commission register

mhs homes is a housing association that helps people, often on lower incomes, who can't afford to buy a home outright. We do this by managing and maintaining our existing homes as well as building new homes.We own and manage about 8,500 homes and have about 20,000 residents. Our homes are in the Medway, Maidstone and Gravesham areas of Kent.

Causes: General Charitable Purposes · Disability · The Prevention Or Relief Of Poverty · website · Get email alerts

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.

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

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.

UK research funding (UKRI Gateway to Research)

Trustpilot: MHS Homes scores 2.0/5 from 26 reviews (source) — reviews usually concern the charity’s shops or services, not its charitable performance.

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).

Per its annual return, largest income source: Charitable activities (93% 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: 2.4% of total income — below the median for charities its size (3.8%) (benchmarks).

Trustees · trustee networks

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?

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. Its FY2025 accounts were audited by BDO LLP.

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.

FunderSimilar charities fundedAmount to them
RACING WELFARE1£756k
STRATFORD-UPON-AVON TOWN TRUST1£75k
THE HUDSON FOUNDATION1£27k
CHAPMAN CHARITABLE TRUST1£18k
THE MEDLOCK CHARITABLE TRUST1£15k
PILKINGTON CHARITIES FUND1£8k
HABITAT FOR HUMANITY GREAT BRITAIN1£4k
THE HADFIELD CHARITABLE TRUST1£2k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with HFHGB (HOMES).

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
MHS HOMES LIMITED£83.7m——above—no doubt
HFHGB (HOMES) FY2025£113k£60,001 - £70,0001above—noted
METHODIST HOMES FY2025£283.3m—227below9.0%no doubt
SPRING HOUSING ASSOCIATION LIMITED FY2025£21.4m——unclear—no doubt
HITS HOMES TRUST LIMITED FY2025£210k—0unclear—no doubt
JUST HOMES CHARITY FY2025£1.9m—0unclear—no doubt

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