1 year ago

Keepmoat Annual Report 2020

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


SOCIAL VALUE Delivering social value We believe we have a clear responsibility to help deliver a sustainable future. For us this means delivering economic progress while enhancing the environment and delivering social value. We believe we have a clear responsibility to help deliver a sustainable future. For us this means delivering economic progress while enhancing the environment and delivering social value. We predominantly build affordable homes for first time buyers and social landlords. A key theme in our approach is to work with our partners to deliver real and meaningful social and economic impact aligned to local community priorities. We call this the halo effect where our activity helps address national societal challenges at a local level, such as providing business opportunities, increasing household income, creating new green spaces, delivering construction skills and upgrading community infrastructure. By its nature much of our social value activity is delivered through face to face interaction. The COVID-19 pandemic has forced us to delay some activities and re-design others, e.g. moving to online formats. This has however only increased our motivation to be involved in rebuilding and improving the lives of the communities at the heart of our developments Over the last year we delivered £18.5m of social value (2019: £27.0m) in local communities from activities including: • £12.7m of spend with local businesses • 16,000 hours of careers support • 45 construction apprentices • £890,000 spent on community infrastructure CASE STUDY Find my future Over the course of the pandemic we have had to change the way we work to keep our employees and communities safe. In recent months we have been working with our partners to make the most of technology including: of opportunities available in Salford to learn, gain experience and develop skills, from apprenticeships, to study programmes and traineeships. Keepmoat Homes and our partners took the lead on the Construction Industry sessions. The sessions included video clips about college life, different types of construction, the different roles the construction industry has to offer and much more. Over the full week, the sessions reached over 28,000 people, and had approximately 7,500 views. Working with Salford City Council, Salix Homes and Galliford Try to coordinate an online Find My Future event. The weeklong virtual event was aimed at 16 to 25- year olds who were invited to tune in to videos that partners had created, to open their eyes to the variety 48 KEEPMOAT.COM

STRATEGIC REPORT CASE STUDY Newcastle Trinity Academy Working with Newcastle Trinity Academy over a 3-week period, we have supported students to better understand construction, and engage with the industry and potential career opportunities Through a number of virtual sessions, Keepmoat helped the students, working in small teams, produce small, 10-unit, sustainable 3D developments, culminating in the groups presenting their designs and ideas along with their calculations to show their profit margins. Sarah Bulter, Employer Engagement Officer, Trinity Academy Newcastle, said: “I am thrilled with the support received by Keepmoat. Undertaking a variety of roles, the students were challenged with planning, designing and constructing a development of 10 houses, giving students the opportunity to explore a range of careers within the industry, helping to raise aspirations. The activity has provided the students with opportunities to develop a range of transferable skills including problem solving, communication, negotiating, planning, and working to targets and deadlines whilst embedding English, Maths and ICT.” CASE STUDY Nottingham mentoring circle Working in partnership with the Department for Work and Pensions and Nottingham Jobs, we have been supporting local people in Gedling through a Construction Mentoring programme. The programme supports people who are interested in a career in construction with a variety of support to assist them with their career development journey. The partnership has provided training to obtain a CSCS card, a two-week site-based work experience placement at our Chase Farm development and ongoing employability support upon completion of the programme. After launching the programme one local participant, having completed their work experience placement with Keepmoat Homes, said: “I would just like to start by saying thank you to Keepmoat Homes for allowing me to go onto the work experience and I learned a lot from my mentor. The best part about the experience was meeting all the different trades and being able to ask them about their careers and, following on from this, I’ve decided I want to learn a trade as the placement helped me realise what I want to do.” . ANNUAL REPORT & FINANCIAL STATEMENTS 2020 49