A look at our finances
Here's a look at our finances, explaining more about where our money came from, and where it went in 2022-23
Social impact
£.6m
Using the Housing Associations' Charitable Trust (HACT) tool for measuring the impact of our projects and support for customers, we generated £27,670,422 in social value (work and activities that benefit the communities we work in) during 2022-23 across our business.
Where our money comes from
£m
Rent
£m
Service charges
£m
Government grants
£m
Other income
Where our money goes
£m
Repairs and maintenance
£m
Management and staff costs
(including staff salaries)
£m
Depreciation of properties
How we spread the total cost of building and buying properties against the income we receive for them.
£m
Service charge costs
The amount we pay contractors to provide your services such as grounds maintenance and cleaning.
£m
Other costs
(including bad debt)
Money owed to us which we've not been able to collect or it has been written off.