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

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.

You can find out more about our social impact just here.

Where our money comes from

Rent

Service charges

Government grants

Other income

Where our money goes

Repairs and maintenance

Management and staff costs

(including staff salaries)

Depreciation of properties

How we spread the total cost of building and buying properties against the income we receive for them.

Service charge costs

The amount we pay contractors to provide your services such as grounds maintenance and cleaning.

Other costs

(including bad debt)

Money owed to us which we've not been able to collect or it has been written off.