MyGeneration, the London-based youth charity founded by Big Society ambassador Shaun Bailey, has been removed from the Charity Commission register.

The charity’s entry on the Commission’s register explains it has “ceased to exist,” since 27th February 2012. It is labelled as a removed charity, meaning all its accounts details are now no longer on the site.

According to blog site Political Scrapbook MyGeneration’s accounts were 14 days overdue two weeks ago.

In April 2010, the charity hit the headlines after £16,000 of spending through MyGeneration was unaccounted for in its accounts.

At the time, Bailey told civilsociety.co.uk that the discrepancies were nothing but a “smear” against him by the Labour party and put down the issue to bad administration.

Civilsociety.co.uk was unable to contact anyone at MyGeneration this morning.

Bailey founded MyGeneration in 2006. He became a Big Society ambassador during the 2010 national elections, where he stood as a Conservative candidate for Hammersmith, losing to Labour MP Andy Slaughter.