We’re pleased to announce that our financial report and accounts have been published.
During 2022/23, we delivered 278 new homes for people struggling to find a place to live and invested £14million in existing homes so that our customers can live more comfortably in them.
The report demonstrates that we remain a well-run, financially strong and stable business with a financial surplus of £21.8m and an operating margin of 28%.
The report also acknowledges the continued volatility in the wider societal and economic environment. In delivering our 2019-24 corporate strategy, we have already weathered a global pandemic, instability in the Ukraine and an on-going cost of living crisis.
Throughout 2022/23 our response has been a relentless drive to continue getting the basics right. Everything we do, places the resident at the heart of our work and goes toward improving the communities we work in. Whether that’s assisting residents to get the best services and support, building quality new homes, investing in current properties or helping to create neighbourhoods that residents can feel proud about.
Gavin Cansfield, chief executive at settle said: “I’m really pleased to share the latest financial report and accounts for settle. They highlight an ongoing commitment to delivering our core purpose, a clear focus on what matters most to residents underpinned by a well-run business. Highlights from the year include a relentless focus on getting the basics right, working with residents to drive ongoing improvements and continuing to invest in quality new and existing homes. There is no doubt that the volatility in the external environment continues to present challenges. The financial strength of our business and culture at settle means we have focused on supporting residents during the cost of living crisis ensuring they have good quality homes, are treated with respect and compassion, with the support of partners and guided by our excellent Board.”
Read our full 2022-23 financial report and accounts.