Martlet Homes Limited - Hyde Housing Association
Martlet Homes Limited - Hyde Housing Association
Martlet Homes Limited - Hyde Housing Association
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MARTLET HOMES LIMITED<br />
NOTES TO THE ACCOUNTS<br />
YEAR ENDED 31 MARCH 2010<br />
4. HOUSING UNITS<br />
Genera<br />
l needs<br />
Supporte<br />
d<br />
housing<br />
Shared<br />
ownershi<br />
p<br />
Marke<br />
t Rent<br />
Lease<br />
-<br />
holder<br />
s<br />
Other<br />
Market<br />
Activitie<br />
s<br />
Total<br />
<strong>Housing</strong><br />
accommodation<br />
Units in ownership<br />
2010 4,842 478 142 40 350 14 5,866<br />
Units in ownership<br />
2009 4,778 468 88 16 351 11 5,712<br />
5. OPERATING SURPLUS<br />
2010 2009<br />
£’000 £’000<br />
Operating surplus is stated after charging/(crediting):<br />
Depreciation:<br />
Other fixed assets 146 278<br />
<strong>Housing</strong> properties 779 1,022<br />
Impairment 370 -<br />
Operating lease charges 755 470<br />
Auditor’s remuneration (including VAT and expenses):<br />
As auditors of the financial statements 22 19<br />
Impairment charges have arisen as a result in falling values of housing properties under<br />
construction and stock held for sale.<br />
25