Ashton Pioneer Homes Limited (APH) converted to a charitable Community Benefit Society (CBS) registered under the Co-operative and Community Benefit Societies Act 2014 on the 9th of November 2017 and is a Registered Provider of social housing. APH was previously a Company limited by guarantee registered with Companies House. APH activities continue to be the management and development of social housing. With a turnover of £4.5m, APH is an important business in the local community.
The Association has entered into a bond with GB Social Housing. This arrangement enables further investment in our properties as well as supporting any potential future acquisitions. We have a 30 year business plan to ensure that we meet our commitments, which currently stand at around £8.9M. Our homes are already fully Decent Homes compliant.
Our first financial statements as a CBS cover the 17 month period to 31st March 2019.
An addendum to those financial statements includes extracted pro-forma financial statements for the 12 months 2018/19.
Our Value for Money Report is included within these financial statements.