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9 months ago

Keepmoat Annual Report 2020

  • Text
  • Lease
  • Keepmoat
  • Strategic
  • Annual
  • Income
  • Assets
  • Limited
  • Homes
  • Statements
  • October
Keepmoat has released its Group financial results for the year ending 31 October 2020.

Delivering high quality

Delivering high quality new homes and delighting our customers is our top priority In the 12-month reporting period, Keepmoat increased its customer satisfaction score to 92.6% 2 KEEPMOAT.COM

INTRODUCTION Contents Part 01 Strategic Report Chairman’s statement 06 Chief Executive Officer’s strategic update 08 A regional focus on national delivery 12 Placing our customers at the heart of our business 16 Positive market positioning 18 Government commitment to housing supply 20 The UK’s leading brownfield homebuilder 22 Sustainability 24 Our Vision, Mission and Values 26 Making the most of our strengths 28 Delivering our product 30 Outstanding build quality 32 Strategic supply chain 34 Focusing on our people and our culture 36 Corporate sustainability 42 Delivering social value 48 Safety, health and wellbeing 52 Principal risks and uncertainty 54 Chief Financial Officer’s review 60 Part 02 Directors’ Report Directors’ report 64 Part 03 Financial Review Independent Auditor’s Report 66 Principal consolidated accounting policies 73 Notes to the consolidated financial statements 80 Principal Company accounting policies 112 Notes to the Company financial statements 113 Directors and Advisors Directors Registered office Independent auditors Bankers E J C Hawkes S J Robertson J W Mitchell The Waterfront Lakeside Boulevard Doncaster South Yorkshire DN4 5PL PricewaterhouseCoopers LLP Chartered Accountants and Statutory Auditors Central Square 29 Wellington Street Leeds LS1 4DL Lloyds Bank plc 3rd Floor 10 Gresham Street London EC2V 7JD ANNUAL REPORT & FINANCIAL STATEMENTS 2020 3