Impact_Report_2025–26-Digital - Flipbook - Page 20
Value for Money
statement
The Regulator of Social Housing expects registered providers
to report against seven prescribed Value for Money metrics:
•
Reinvestment %
•
New Supply Delivered %
•
Gearing %
•
EBITDA MRI Interest Cover %
•
Headline Social Housing Cost per Unit
For Active Prospects, value for money means using our
•
Operating Margin %
resources, homes, partnerships and people’s expertise
•
Return on Capital Employed.
Our approach to Value for Money
to deliver the best possible outcomes for the people we
support, while maintaining a financially resilient and
We have considered these measures in preparing this
well-governed organisation. Our approach is shaped
narrative. However, as this is a transitional year and given the
by the Regulator of Social Housing’s Value for Money
relative scale of our social housing activity within the wider
Standard, which requires providers to make the best use
organisation, the Board has taken a proportionate approach
of resources and assets, optimise economy, efficiency and
to value for money reporting. Rather than presenting
effectiveness, and demonstrate transparently how value is
metrics that are not yet fully supported by mature social
delivered against strategic objectives.
housing data or cost allocation systems, we have focused
This year’s annual report includes a Value for Money
section for the first time to reflect our journey towards
on transparent narrative reporting and evidence-based
measures that are relevant to Active Prospects at this stage.
becoming a Registered Provider of Social Housing.
We have therefore focused this year on the measures
Although Active Prospects was not a registered provider
we can report with confidence, together with narrative
during the year ended 31 March 2026, the Board
evidence of how we are strengthening governance,
recognises the importance of developing a reporting
housing management, asset investment and financial
approach that is aligned with the expectations that will
sustainability. This provides a clearer and more reliable
apply as the organisation progresses towards RP status.
account of how resources have been used during the
year, while also establishing the foundations for more
comprehensive RP-aligned reporting in future years.
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