Greensleeves Homes Trust

Return to profitability

▪ 2024 saw Greensleeves move back on track as it started to recover from the impact of Covid and the sharp increases in costs that followed it. ▪ These coincided with a period of heavy investment with the number of homes growing over 5 years from 24 to 28 and places rising from 971 to 1,275 ▪ This had a particularly strong impact on performance during the two years to 31 st March 2023 undermining levels of occupancy and affecting staffing ▪ Greensleeves is recovering with record turnover and underlying EBITDAyear to 31st March 2024 showing the benefits of its investment programme ▪ These benefits will continue to be felt as Greensleeves moves forward with a further improvement anticipated during 2024/25. ▪ In the process Greensleeves has been careful to maintain its focus on delivering positive social impact with

Total Homes 28

Places 1,275

▪ Substantial investment in staff training

Strong CQC scores, and

Revenue £79.9M

High levels of client satisfaction

5

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