Report and Financial Statements Adactus Housing Group Limited
Report and Financial Statements Adactus Housing Group Limited
Report and Financial Statements Adactus Housing Group Limited
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<strong>Adactus</strong> <strong>Housing</strong> <strong>Group</strong> <strong>Limited</strong> 41<strong>Report</strong> <strong>and</strong> <strong>Financial</strong> statements for the year ended 31 March 2013Notes to the financial statementsAll properties are held on either a freehold or long leasehold basis. The <strong>Group</strong> is unable to analyse thisfurther except at excessive cost.Expenditure on works to existing properties2013 2012£000 £000Improvement works capitalised 2,528 5,005Amounts charged to the income <strong>and</strong> expenditure account 6,319 4,9578,847 9,962Social housing grant2013 2012£000 £000Total accumulated social housing grant received/receivable at 31 March:Capital grant 238,506 230,357Revenue grant - -230,356 230,357
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