There were 163 lettings across all of CHADD’s homes this year, 10 more than the previous year.
In our Residents Survey:
- 85% rated our homes as good.
- 93% felt safer.
- 90% rated our support as good.
- 96% were satisfied with repairs.
Repairs & Maintenance
100% of all emergency repairs were completed within target.
99% of all routine repairs were completed within target.
97% of all planned works were completed within target.
Housing Corporation Registration number: LH2916 Industrial and Provident Society number: 22545R
|Income and Expenditure Account||2017||2016||Balance Sheet||2017||2016|
|Operating costs||2,209,961||2,181,232||Other fixed assets||140,135||171,189|
|Operating Surplus||34,986||145,084||Monies owed to CHADD||117,622||184,764|
|Cash at bank||1,145,804||1,117,178|
|Plus Interest on investments||23,009||24,784||8,228,264||8,270,461|
|Less Interest paid||24,263||24,339||Creditors:|
|Transfer from St Marks House||–||633,192||due within 1 year||238,803||362,200|
|Surplus on ordinary activities||33,732||778,721||due after 1 year||5,497,858||5,568,991|
|Change in value of investments||118,601||-46,896|
|Total income for the year||152,333||731,825||Total Net Assets||2,491,603||2,339,270|
Summary of Financial Statements for the year ending 31.3.17
Our Financial Statements for 2016/17 highlight what has been another positive year for CHADD. Despite higher than expected void figures, staffing restructures and the need for highly specialised training, an operating surplus of approximately £35k was achieved. Falling interests rates meant Income from investments reduced but the overall value of investments increased significantly by over £118k throughout the year.
The total net assets of the organisation also increased from £2.33m to £2.49m during the 2016/17 financial year, which resulted in a net gain in total assets of over £152k.