We are required to publish information about directors' salaries and some of our housing management costs.
The figures below are for the financial year, 3 April 2023 to 31 March 2024.
Measure 1
The remuneration payable to the highest paid director, relative to the size of the landlord.
£6.24 per property.
How this is calculated
Remuneration payable to the highest paid director (excluding their pension and National Insurance contributions) in relation to the period of account, divided by total social housing units owned and/or managed at period end.
Measure 2
The aggregate amount of remuneration paid to directors, relative to the size of the landlord
£29.75 per property.
How this is calculated
Total aggregate (meaning total) directors’ remuneration (including pension and National Insurance contributions, payable to directors or former directors) in relation to the period of account divided by total social housing units owned and/or managed at period end.
Measure 3
Management costs relative to the size of the landlord.
£142.50 per property.
How this is calculated
Total management costs (social housing lettings) in relation to the period of account divided by total social housing units owned and/or managed at period end.
