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The Group also invested in new systems and processes which will lead to greater customer satisfaction as these become embedded in enhanced service delivery.

We delivered £14.8 million of savings in the year, as part of our increased focus on value for money, and this has helped to mitigate increases in costs elsewhere, including the costs of investing in customer improvements.

During the year to 31 March 2026 A2Dominion Group continued further on the path of business simplification. The objective is to dispose of non-core activities that could be better served by other parties, freeing up both capital and management resource to focus upon our core social housing customers.

The business simplification decisions already taken have strengthened the Group’s long-term finances and also fed through to the results for the year to 31 March 2026:

• In the 2025 year we sold our temporary housing to Westminster City Council realising a very significant one-off surplus. This accounts for the £99.5 million fall surplus on sale of fixed assets year on year
• As part of our strategy to derisk the organisation we continued to scale back significantly on development of new homes all of which affected profits from first tranche sales, development and land sales which fell significantly.

At 31 March 2026 the Group held £156.5 million cash reserves arising from the sale of temporary housing and other asset sales. These are being held to provide funds to redeem bonds which fall due for repayment during the 2026/27 year. Consequently, interest receivable increased substantially resulting in the fall in net interest costs as detailed in the table below.

A2Dominion Chair, Alan Collett said “We are reporting a surplus before taxation of £3.3 million for the 2025/26 financial year and have maintained our Fitch A credit rating (outlook negative). In comparison, last year’s result was boosted by significant income from the sale of some of our temporary accommodation in Westminster.

"We recognise challenges continue across our sector, including higher operational costs, slower sales and wider economic uncertainty. The Group continues to look at various ways to mitigate these external pressures and is assisted by a balance sheet that remains robust, underpinned by strong liquidity and over £3.5 billion in assets and investments.”

Key highlights from the report:

• 38,000+ homes in management
• 70,000+ customers
• £342.0 million turnover
• £68.8 million operating surplus
• Fitch A (negative outlook) credit rating maintained
• £1.1 billion of net assets
• 102,875 responsive repairs carried out
• £34.7 million spent on day-to-day repairs
• £48.7 million spent on major repairs, planned works and investment in existing homes
• Strong liquidity; £156.5 million of cash deposits, plus a further £383.7 million of undrawn loan facilities
• £1.4 billion of loans and borrowings, plus £2.1 billion of unencumbered assets.

The full audited financial statements can be found in the following location: https://www.a2dominiongroup.co.uk/about/reports-and-accounts