Page 87 - Pobl Annual Report FY25

Annual Report 2025 85
Notes to the Financial Statements
for the year ended 31 March 2025
Group Year End 31 March 2025 Year End 31 March 2024 restated
Turnover Operating
costs
Operating
Surplus/(deficit) Turnover Operating
costs
Operating
Surplus/(deficit)
£’000 £’000 £’000 £’000 £’000 £’000
Social Housing Lettings
General needs accommodation 112,927 (89,626) 23,301 103,711 (77,259) 26,452
Supported Housing
accommodation 42,748 (37,344) 5,404 40,397 (35,938) 4,459
Shared ownership 2,490 (775) 1,715 2,007 (623) 1,384
Residential care home 10,061 (11,035) (974) 8,724 (10,179) (1,455)
Extra-care 2,130 (2,044) 86 3,573 (3,479) 94
170,356 (140,824) 29,532 158,412 (127,478) 30,934
Other Social Housing
Shared ownership first tranche
sales 12,983 (12,594) 389 13,637 (12,220) 1,417
Revenue grants 4,219 - 4,219 1,509 - 1,509
17,202 (12,594) 4,608 15,146 (12,220) 2,926
Non-Social Housing
Activities
Registered nursing home* 9,041 (8,309) 732 13,948 (15,049) (1,101)
Student accommodation 10,661 (9,311) 1,350 10,506 (8,235) 2,271
Care and support services 29,767 (26,872) 2,895 28,628 (25,957) 2,671
Other letting activities 3,308 (2,488) 820 2,612 (2,039) 573
Commercial property sales 14,442 (13,408) 1,034 9,589 (9,224) 365
Other 3,131 (7,469) (4,338) 3,957 (7,861) (3,904)
70,350 (67,857) 2,493 69,240 (68,365) 875
257,908 (221,275) 36,633 242,798 (208,063) 34,735
Revaluation of investment
properties - (905)
Surplus/(deficit) on disposal of
fixed assets 5,156 (299)
Surplus on redemption of
Homebuy 379 649
Operating surplus 42,168 34,180
*Discontinued operations
Registered nursing home activities were discontinued in the year. Profit on the sale of nursing homes amounting to £4,942k
(2024: £nil) is included within Surplus on the disposal of fixed assets.
3. Turnover, Operating Costs and Operating Surplus
3.1. Particulars of turnover, operation costs and operating surplus