Page 113 - Pobl Annual Report FY25

Annual Report 2025 111
Notes to the Financial Statements
for the year ended 31 March 2025
Total Comprehensive Income 2023-24
Pobl
Group
Ltd
Linc-
Cymru
HA Ltd
Consolidation
Adjustments
Merger
adjustments Total
£’000 £’000 £’000 £’000 £’000
Turnover 185,249 57,706 (157) - 242,798
Operating costs (157,242) (50,978) 157 - (208,063)
Revaluation of investment properties - (905) - - (905)
(Deficit)/surplus on disposal of fixed assets (685) 494 (108) - (299)
Surplus on HomeBuy redemption 541 - 108 - 649
Operating surplus 27,863 6,317 - - 34,180
Share of result of joint venture (116) - - - (116)
Surplus before interest and taxation 27,747 6,317 - - 34,064
Interest receivable and similar income 3,853 1,094 - - 4,947
Interest payable and similar charges (25,714) (7,319) - - (33,033)
Surplus before tax 5,886 92 - - 5,978
Taxation (66) - - - (66)
Total surplus for the year 5,820 92 - - 5,912
Other comprehensive income:
Gain on contract asset 239 - - - 239
Actuarial loss on defined benefit pension schemes (7,096) - - - (7,096)
Total comprehensive (loss)/income for the year (1,037) 92 - - (945)