Financial Statements 2018 financial statement- joomag | Page 13

4. Value for Money Metrics – 2017/18 The revised Regulatory Standard requires providers to assess performance against seven key value for money metrics. Performance is required to be measured both in the context of: n How providers performed against targets set; and n How providers performed compared with peer organisations. Benchmarking against both Accord’s own historic performance and also against nine other peer organisations is summarised below. An assessment on performance against targets has also been provided for each of the metrics. Peer organisations selected are those with similar levels of income earned from supported housing and similar activities. Benchmarking performance data has been taken from information published by HouseMark. Peer group organisations included in the benchmarking exercise are summarised below: Registered Provider % income from supported housing Units owned and managed Accord Housing Association (2017 & 2018 data) 17% 12,804 Nottingham Community Housing Association (2017 data) 15% 9,226 Trident Housing Association (2017 data) 13% 3,169 Anchor Trust (2017 data) 96% 28,470 Grand Union Housing Group (2017 data) 23% 11,320 Housing & Care 21 (2017 data) 82% 19,581 Black Country Housing Group (2017 data) 20% 1,968 East Midlands Housing Group (2017 data) 26% 18,913 South Yorkshire Housing Association (2017 data) 29% 5,760 Hanover Housing Association (2017 data) 96% 13,813 Peer organisations have been anonymised in benchmarking outcome and the order in which organisations appear in the table above is not representative of the referencing used in the benchmarking results published. 12 Accord Housing Association