Welcome
Executing the right strategy for Sanctuary
Sanctuary is an organisation with social purpose at its heart. We pride ourselves on being resilient, financially-strong and well-managed - because those qualities enable us to deliver our mission and serve our customers.
Our corporate strategy
Our corporate strategy focuses on:
- Engaging residents and stakeholders
- Investing in homes and communities
- Advancing decarbonisation and technology
- Growing our development programme, care and supported housing
2021/22 Annual Report and Financial Statements
Sanctuary is pleased to report a strong financial performance for the financial year 2021/22. The last 12 months have seen a period of growth and recovery as Covid restrictions eased. Performance metrics are on an improving trend, with many back to pre-pandemic high levels.
Key highlights:
- Homes in management 105,509 (2021: 105,219)
- Revenue £812.5m (2021: £765.4m)
- Operating surplus £178.6m (2021: £170.1m)
- Surplus before tax £58.6m (2021: £46.9m)
- Underlying surplus £47.2m (2021: £39.0m)
- Operating margin, excluding development and asset surpluses 22.2% (2021: 22.1%)
- EBITDA £256.7m (2021: £248.7m)
- EBITDA MRI interest cover 128.4% (2021: 134.2%)
Group revenue has grown significantly to £812.5m, an increase of £47.1m (6.2%) from the previous year, reflecting revenue growth across all business areas. Sanctuary’s social housing business has also remained strong in the face of the pandemic and has benefited from rental inflation, the development of new rental units, as well as a recent acquisition.
The results show a growth in overall Group operating surplus of £8.5m (5.0%) to £178.6m (2021: £170.1m). The growth in surplus will allow for a further increase of investment in homes to £100m this year.
Other Documents
Investors News
Sanctuary Group issues a tap of £150m
Successfully navigating the current volatile market backdrop, the tap issuance attracted a broad number of investors, with a final orderbook that was over 5x subscribed.
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Sanctuary publishes Annual Report and Financial Statements for 2021/22
Sanctuary is pleased to report a strong financial performance for the financial year 2021/22.
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Sanctuary appoints new Group Director – Housing and Property Services
Sanctuary has appointed Lizzie Hieron to the role of Group Director – Housing and Property Services.
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Sanctuary publishes Sustainability Report
Sanctuary has published its first Sustainability Report, demonstrating its ambition to become a more sustainable organisation and continue having a positive impact on society.
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Sanctuary switches to green electricity
Sanctuary is switching to a new electricity tariff that will reduce its environmental impact and support the growth of renewable electricity supplies.
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Putting our communities at the heart of what we do
Sanctuary has published its new Community Investment Strategy 2021 which has a renewed focus on building connection and resilience with customers and their communities.
Read this articleRegulation
We are regulated by the Social Housing Regulator in England, the Scottish Housing Regulator in Scotland, the Care Quality Commission in England and the Care Inspectorate in Scotland.
Our entities
Learn about our companies and legal entities.