The Finance & IT Team look after the statutory books of account for South Lakes Housing. We are responsible for providing accurate and informative management accounts which are reviewed with the SLH Board, the Tenant's Committee and budget holders.  We are also responsible for all the statutory financial submissions to Companies House, Inland Revenue and Customs & Excise, as well as the Treasury Management function of the business.  

 

Responsible for the collection of the rental income of the Council, and methods of collection.  Also, the review of cashflow within the company, and managing relations with our bankers. We are currently reviewing all our methods of collection, and have recently added a second direct debit date, to enable tenants to have greater options.

 

Provision of accounts for Companies House, and internal management accounts. The cost and value of services is a critical part of our business, and the accountancy team take an important part of informing all our staff on our financial performance.

 

This is a recent development, and has really begun to form an important part of our business.

We look carefully at our performance in all areas, both against other ALMO's but also against other Social Housing providers.  This helps us decide which areas of our business need improving, or where have issues we need to resolve.

 

The company expects to be spending £21m on the Council houses of South Lakeland between now and 2010.  The company is keen that it gains maximum benefit from that expenditure, to improve its stock, and the estates for tenants.   We will take part in the management and review of those spending process during that time.