2006
2005
Income and Expenditure
£000's
%
INCOME
Rents
£20,500
71
£18,592
77
Service charges
£1,975
7
£1,698
Sales of homes
£4,789
17
£2,597
11
Support services
£1,109
4
£749
3
Charges to other associations
£362
1
£324
Other
£200
£119
0
£28,935
£24,079
EXPENDITURE
Interest payable
£6,679
25
£6,166
27
Maintenance
£6,341
23
£6,144
Housing management
£4,236
16
£3,790
Services
£2,952
£2,583
Cost of properties sold
£3,239
12
£1,432
6
Voids & bad debts
£640
2
£572
Property depreciation
£1,522
£1,203
5
£963
£699
£668
£149
£27,240
£22,738
SURPLUS FOR THE YEAR:
£1,695
£1,341
To invest in new and
existing homes