Page 88 - Pobl Annual Report FY25

86 Annual Report 2025
Notes to the Financial Statements
for the year ended 31 March 2025
Company Year End 31 March 2025 Year End 31 March 2024
Turnover Operating
costs
Operating
Surplus/(deficit) Turnover Operating
costs
Operating
Surplus/(deficit)
£’000 £’000 £’000 £’000 £’000 £’000
Non-Social Housing
Activities
Other 20,539 (20,738) (199) 19,369 (20,496) (1,127)
Deficit on disposal of
fixed assets - (20)
Operating surplus (199) (1,147)
3.2 Particulars of Income & Expenditure from social housing lettings
Group General
needs
Supported
Housing
Shared
Ownership
Residential
Care
Homes
Extra-
care
Total Total
Restated
2025 2025 2025 2025 2025 2025 2024
£’000 £’000 £’000 £’000 £’000 £’000 £’000
Turnover from
lettings
Rents receivable 96,604 10,688 2,207 - 388 109,887 102,191
Service charges 5,694 17,575 98 - 524 23,891 22,556
Care fees - 1,014 - 9,996 1,216 12,226 11,227
Managing agents
charges - 38 - 65 1 104 97
Grants from local
authorities and
other agencies
- 10,712 - - - 10,712 11,807
Amortised
government grants 8,172 1,290 - - - 9,462 8,545
Other 2,457 1,431 185 - 1 4,074 1,989
Turnover from
social housing
lettings
112,927 42,748 2,490 10,061 2,130 170,356 158,412
Operating cost
from lettings
Service costs (5,219) (8,616) (28) (494) (144) (14,501) (13,963)
Management
expenses (25,782) (19,419) (696) (10,082) (1,904) (57,883) (57,161)
Repairs and
maintenance (40,846) (6,254) (20) (454) - (47,574) (37,168)
Depreciation (16,886) (2,914) (24) - (1) (19,825) (18,531)
Impairment of
housing properties (404) - - - - (404) -
Losses arising
from bad debts (489) (141) (7) (5) 5 (637) (655)
Operating costs (89,626) (37,344) (775) (11,035) (2,044) (140,824) (127,478)
Surplus from
lettings 23,301 5,404 1,715 (974) 86 29,532 30,934
Rent loss from
voids (2,567) (1,070) (2) - (14) (3,653) (4,168)