Financial Information


2007

2006

Income and Expenditure

£000's

%

£000's

%

INCOME

Rents

£22,216

74

£20,500

71

Service charges

£2,179

7

£1,975

7

Sales of homes

£3,975

13

£4,789

17

Support services

£1,109

4

£1,109

4

Charges to other associations

£386

1

£362

1

Other

£328

1

£255

1

£30,103

£28,935

EXPENDITURE

Interest payable

£7,368

26

£6,679

24

Maintenance

£6,665

23

£6,341

23

Housing management

£5,008

18

£4,236

16

Services

£3,047

11

£2,952

11

Cost of properties sold

£2,452

9

£3,239

12

Voids & bad debts

£639

2

£640

2

Property depreciation

£1,960

7

£1,522

6

Support services

£860

3

£963

4

Other

£403

1

£723

3

£28,402

£27,295

SURPLUS FOR THE YEAR:

£1,701

£1,695

To invest in new and

existing homes



Previous year's accounts:

2005/2006
2004/2005