V3

Viability Rating

Turnover: £109m

Operating costs: (£97,783)

Operating deficit: £183.4m

Interest payable: £14,447

Surplus on ordinary activities before tax: (£184,350)

If a number is in brackets, this means that it is negative.

At Swan we are committed to ensuring value for money for our residents. The way we operate as a business and our funding arrangements are structured to maximise the amount of ‘surplus’, or income we generate from our development programme and the day-to-day activity, so we can continue to invest in services for our residents and new homes to help as many people as possible feel at home with swan.org.uk.

How do we spend your rent?

The rent that you pay for your Swan home is set each year in line with the Regulator of Social Housing’s Rent Standard.

use as there are extreme outliers in the Global data – the median for each metric is the middle value in the dataset.

New homes Let 2020/21

198 General needs

131 Mutual exchange

The average rent per week for our general needs homes is £118.53

How we get our data

Having the correct information about our customers is important so that we can make sure our services are tailored to the communities where we work.

We collect data on residents when they sign up. However, we are aware some information is incomplete for some of our residents and their households so we will be contacting residents this year to make sure that their details are up-to-date.