Choice Annual Report 2025 flipbook - Flipbook - Page 20
20
Choice Annual Report
Choice Housing Ireland
Group Income & Expenditure Account
for the year ended 31 March 2025
2024/25
GROUP
PARENT
Total
Total
Total
Total
2025
2024
2025
2024
£’000
£’000
£’000
£’000
90,131
82,568
85,050
77,406
Operating costs
(67,343)
(61,694)
(64,225)
(57,490)
Operating surplus
22,788
20,874
20,825
19,916
(Loss)/Gain on
disposal of tangible
fixed assets
(14)
3,285
(14)
3,285
Interest receivable
and similar income
404
1,143
1,440
1,882
(10,251)
(9,219)
(9,822)
(8,797)
Net finance credit
relating to pension
scheme
997
696
997
696
Fair value change in
investment properties
726
656
-
-
Transfer to disposal
proceeds fund
(136)
(2,694)
(136)
(2,694)
Movement in fair
value of financial
instruments
74
199
74
199
Surplus before tax
14,588
14,940
13,364
14,487
Taxation
(429)
(375)
-
-
Surplus for the year
14,159
14,565
13,364
14,487
Turnover
Interest payable and
similar charges
