AnnualReportFinancialStatments2023

Annual Report &

Annual Report & Financial Statements 2023 Contents Strategic Report Our highlights 4 Strategic report 4 Chief Executive’s review 4 Vision, mission and values 14 Making the most of our strengths 18 Market overview 22 Our Partnership Model 32 Stakeholder engagement 36 Section 172(1) statement 40 Keepmoat Executive 42 Implementing our Partnership Model 44 Corporate sustainability 46 Land and partnerships 52 Product design and placemaking 58 Procurement of trades and materials 64 Efficient construction and systems 68 Customer service 74 Our people and culture 76 We deliver highquality new homes to delight our customers. Chief Financial Officer’s review 82 Principal risks and uncertainties 86 Corporate governance 94 Non-financial and sustainability information statement 96 Director’s report 112 Independent auditors’ report to the members of Keepmoat Limited 114 Consolidated statement of comprehensive income 118 Consolidated balance sheet 119 Consolidated statement of changes in equity 120 Consolidated cash flow statement 121 Principal consolidated accounting policies 122 Notes to the consolidated financial statements 130 Company balance sheet 158 Company statement of changes in equity 159 Principal Company accounting policies 160 Notes to the Company financial statements 161 2 KEEPMOAT.COM 3