Our finances
Being open and transparent is more than our policies, procedures and promises but also showing clearly where our money comes from and what it was spent on in the year 2023/24.
Total income 2023/24
£m
total income
%
from social housing rent
%
from sales of new homes
£0.5m
Spent on
maintenance costs
How is my rent spent?
There are several expenses needed in order to ensure your home, block or building and surrounding estate is maintained, and costs involved for the services we provide on top of insurance.
We want to ensure your home is safe and secure.
Spent on
service costs
£0m
Expenditure (£m) 2023/24
Directors remuneration
To aid transparency and comparability with other housing associations we're able to show the pay to our Chief Executive, the pay to the Board and Directors, and our overall operating costs as a cost per property owned or managed by us.
The remuneration payable to the highest paid Director, relative to the size of the landlord
2024
£.74
The aggregate amount of remuneration paid to Directors, relative to the size of the landlord
2024
£.33
Management costs, relative to the size of the landlord
2024
£
NB: Relative to size of landlord means number of homes (32,481 social homes) to base calculation on.