Annual and other reports

bpha Group Report and Financial Statements 2023-2024

bpha remains in a strong financial position

bpha today (12 August) released its Group Report and Financial Statements 2023-2024.

bpha’s approach and long-term plans have kept the organisation in good shape. It has adapted well to a changing operational environment, whilst maintaining its focus on customers, the services they receive and the homes that they live in. bpha retained G1 and V1 and an S&P credit rating of A+ (Stable).

CFO, Julian Pearce said:

“bpha delivered a strong overall performance for the year and remains in a strong financial position. Our new banking facilities provide us the flexibility to grow our development programme. This enabled us to continue to invest in existing homes and provide more affordable homes. Our focus remained on listening to customers and making sure they felt safe and comfortable in decent homes with reliable services. 89% of our homes are now in at least energy Band C, as we continue to ensure homes are fit and efficient for the future. We were also pleased that colleagues again endorsed working at bpha, with inclusion in the Great Place to Work list.”