Onward Homes Limited Annual Financial Report (1451Z)

TIDMYJ18

RNS Number : 1451Z

Onward Homes Limited

12 September 2022

Publication of annual report and financial statements of Onward Homes Limited for the year ended 31 March 2022

Onward Homes Limited is the charitable registered provider of social housing within the Onward Group Limited.

The annual report and financial statements of both companies are published today and are available for viewing on Onward's website:

Onward Homes Limited

link_Onward website

Onward Group Limited

link_Onward website

Onward Homes Limited

The company has made a deficit for the year of GBP21.8m (2021: surplus GBP14.6m). Other comprehensive income of GBP8.9m (2021: loss GBP18.0m) has also been recognised in the year following an increase in the SHPS pension deficit.

The company ended the year with cash and short-term investments of GBP31.9m (2021: GBP162.2m). The reduction in the cash position is due to the GBP127.3m of breakage costs and loans which were settled in April 2021 following the Contour Homes amalgamation. The available cash is adequate to finance committed reinvestment and development programmes, along with the association's day to day operations.

For further information please contact:

Onward Homes Limited

Mike Gerrard

Executive Director of Finance

Renaissance Court

2 Christie Way

Didsbury

Manchester M21 7QY

Telephone: 0161 875 7953

Email: mike.gerrard@onward.co.uk

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

ACSSFEFEEEESELU

(END) Dow Jones Newswires

September 12, 2022 08:44 ET (12:44 GMT)

Onward Homes 53 (LSE:YJ18)
과거 데이터 주식 차트
부터 11월(11) 2024 으로 12월(12) 2024