ANCHOR-R&A-2024-FNL-080824

4.1 Analysis of turnover, operating costs and operating surplus / (deficit) before exceptional items 4. Particulars of turnover, operating costs and operating surplus / (deficit) Group 2024

Operating surplus / (deficit) £’000

Operating expenditure £’000

Turnover £’000

Note

Social housing lettings Other social housing activities Home care First tranche shared ownership sales Charges for support services Other social housing income

4.3 592,660

(538,734)

53,926

3,422 2,488 201 360

(3,889) (5,021) (201) (343)

(467) (2,533)

17

Activities other than social housing activities Management services

13,524 11,708 4,373 628,736

(13,011) (17,274) (15,939) (594,412)

513

Sale of leasehold properties 2

(5,566) (11,566) 34,324 2,380 36,704

Other 1 Total

Surplus on disposal of fixed assets

12.7

Operating surplus

Group 2023

Operating surplus / (deficit) £’000

Operating expenditure £’000

Turnover £’000

Note

Social housing lettings Other social housing activities Home care First tranche shared ownership sales Charges for support services Other social housing income

4.3 510,975

(466,159)

44,816

3,392 409 345

(3,969) (380) (345) (285)

(577)

29

299

14

Activities other than social housing activities Management services

12,497 24,289 3,260 555,466

(10,796) (24,051) (15,040) (521,025)

1,701 238

Sale of leasehold properties 2

Other 1 Total

(11,780) 34,441 3,097 37,538

Surplus on disposal of fixed assets

12.7

Operating surplus

Social housing lettings comprise income from retirement housing and from residential care homes (see note 4.3). Home care income comprises income from care services delivered into customers' homes. Activities other than social housing activities - Other, within turnover, includes £137,400 (2023: £111,300) of grant funding from the Workforce Development Fund. This grant has been fully expended in the year with 143 (2023: 118) members of the workforce becoming qualified. All turnover has been derived from activities within the United Kingdom. 1 Operating costs within "Other" include those governance costs not attributable to an individual service. 2 Sales of leasehold properties in both years 2024 and 2023 have been impacted by marketing and commissioning costs relating to a number of developments subsequently due to open in the next financial year. In line with Anchor's policy, marketing costs are recognised when the marketing activity is delivered.

78 Anchor Hanover Group Annual Report & Financial Statements 2024

Made with FlippingBook - PDF hosting