How we spend our housing income

Breakdown of our total income 2024/25

The total income collected for 1 April 2024 to 31 March 2025 was £240,126,000. We collected:

We spent our income as follows.

This includes:

We spent £80,894,000. This is 33% of the total.

This is money invested in properties to offset wear and tear on our buildings. This fund contributes to major works in the future.

We spent £46,771,000. This is 19% of the total.

This includes salaries for caretakers and housing services staff.

We spent £44,518,000. This is 18% of the total.

These are the costs of money we've previously borrowed.

We spent £25,114,000. This is 10% of the total.

This includes costs of refuse collection, tree works, grounds maintenance and cleaning.

We spent £20,837,000. This is 9% of the total.

This is the cost of gas and electricity for the heating pool, metered heating and leaseholders' heating and electricity costs.

We spent £20,010,000. This is 8% of the total.

This is money set aside in case rent is not paid.

We spent £3,060,000. This is 1% of the total.

This involves setting aside money for unexpected costs, like a savings account.

We spent £2,100,000. This is 1% of the total.