2007
2006
Income and Expenditure
£000's
%
INCOME
Rents
£22,216
74
£20,500
71
Service charges
£2,179
7
£1,975
Sales of homes
£3,975
13
£4,789
17
Support services
£1,109
4
Charges to other associations
£386
1
£362
Other
£328
£255
£30,103
£28,935
EXPENDITURE
Interest payable
£7,368
26
£6,679
24
Maintenance
£6,665
23
£6,341
Housing management
£5,008
18
£4,236
16
Services
£3,047
11
£2,952
Cost of properties sold
£2,452
9
£3,239
12
Voids & bad debts
£639
2
£640
Property depreciation
£1,960
£1,522
6
£860
3
£963
£403
£723
£28,402
£27,295
SURPLUS FOR THE YEAR:
£1,701
£1,695
To invest in new and
existing homes