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Financial Report

In June 2015, the government announced cuts to social housing rents for the next four years. This meant that we had to make savings of £1.5m a year across the business.

We have achieved this by focusing on our core services, looking for ways to save money.

This year:

  • Our comprehensive income was £3.6m
  • We spent £2.9m on improving our homes
  • £3m building new properties and;
  • Saved £341,000 from money-saving ideas.

Despite the reduction in funding, we are pleased to say we have continued to offer good quality homes and have fulfilled our planned property maintenance programme for 2015/16.

To see our Report and  Financial Statements for 2015/16, please click here.

 

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