Page 101 - Pobl Annual Report FY25

Annual Report 2025 99
Notes to the Financial Statements
for the year ended 31 March 2025
As 31 March 2025, £806m (of the total facility of £1,109m) had been drawn down, of which £659m was fixed at interest rates of
between 0% and 9.9%. £147m was at variable rates. The loan balance is reported net of unamortised transaction costs of
£5.6m (2024: £6.2m). These loans are secured by a fixed charge on a proportion of the assets of the Group.
Group 2025 2024 Restated
£’000 £’000
Bank loans
Due within one year 94,720 98,554
Wholly repayable between one and five years 80,014 76,945
Not wholly repayable within five years 566,772 521,168
741,506 696,667
Concessionary loans
Due within one year 7,816 2,418
Wholly repayable between one and five years 6,550 13,146
Not wholly repayable within five years 44,972 24,964
59,338 40,528
Interest-free concessionary loans received by Pobl Group from Welsh Government total £2.6m, £4m of which was repaid in April
2025, with a further £3.0m due for repayment during 2025. The remaining £30.9m of concessionary loans are at interest rates
which contain an implied subsidy from Welsh Government, ranging from 2.15% to 3.0%. £0.9m of these loans were due for
repayment during 2025.
23. Housing Loans