Governance

For Westward as a business, effective governance means having:

  • board members with diverse skills and experience
  • leadership and direction to achieve our vision and values
  • the highest degree of integrity across the organisation
  • focusing on our performance priorities
  • clear accountability, transparency and efficiency

To learn more, see the Corporate Business Plan 2023-2024.

Westward adopts the National Housing Federation’s codes of governance and conduct. A Declaration of Interests register is kept regarding all board and committee members and this can be made available on request. We regularly assess compliance with these standards and report the outcomes in our annual Financial Statements.

Annual report and value for money

Click to watch our annual report highlights:

As a business for social purpose, we invest in the things that matter most - view our financial statements below:

You can read our Strategic Plan 2020-25  here.

The Westward Value for Money Strategy demonstrates how we provide cost effective services to our customers. 

Regulation

Regulatory judgements and notices are the Regulator of Social Housing’s (RSH) official view of a housing provider. Westward Housing Group is delighted to maintain regulatory judgement compliance grades of G1 and V1. This score indicates the highest of four possible grades for both:
  • Governance (G1)
  • Financial viability (V1)

Our board and executive team

Our board and executive team

Our governance structure includes a board of non-executive and executive board members.

The board provides leadership, direction, support and challenge.

Our executive team is responsible for delivering services. 

Meet the board and executive team here 

Pay and rewards

Pay and reward benefits at Westward are set at a level to attract and retain the talent required to lead the organisation and make sure it can deliver its strategic objectives. In doing this we take into account comparable evidence and benchmarking data from a range of sources both within and outside the sector which is provided by external consultants.

Our aim is not to pay the highest salaries in the market but instead to offer a competitive package of salary plus other pay and non-pay benefits. Read more on our benefits page.

Gender Pay Gap Report 2023-24

As an employer of more than 250 people, we publish an annual Gender Pay Gap Report showing the difference in average female earnings compared to average male earnings. Our mean gender pay gap in 2023 was 6%. Watch our short film below to learn more.

Preventing fraud

Westward's efforts to invest our money in the things that matter most - our customers and our communities - can be jeopardised by fraud.  Fraud threatens a reduction in the availability and quality of homes, so we take it very seriously.

There are many different types of fraud including illegal subletting, false housing applications, fraud in contracting or works, fraud in procurement, and fraudulent accounting.

We aim to deal firmly with any instance of fraud.  We will take seriously, investigate and deal with any suspected fraudulent activity whether reported by customers, staff, or through whistle-blowing.

Customers with concerns about fraudulent activity should contact their housing officer in the first instance or call 0300 100 1010 and ask to speak to the Westward company secretary.

2024 remuneration summary

2024 remuneration summary

The table below outlines how many staff fall into each salary range (based on pro rata for part-time staff) from April 2024:

Staff salary range

Headcount

£0-£9,999

22

£10,000- £19,999

53

£20,000 - £29,999

101

£30,000 - £39,999

94

£40,000 - £49,999

32

£50,000 - £74,999

18

£75,000 - £99,999

4

£100,000 - £175,000

4

 

The table below outlines the Westward Housing Group Non-Executive Director (board/committee member) fees per annum as at April 2024:

Non-Executive Director

Fees per annum

Robert Stronge (Westward Board Chair)

£14,332.50

Frances West (Senior Independent Director and Chair of Remuneration and Membership Committee)

£7,814.52

Will Patterson (Audit and Assurance Committee Chair)

£7,814.52

Sue Edmonds

£5,733

Iain Vosper

£5,733

David Bird

£5,733

Becky Tucker

£5,733

Doug Stein

£5,733

Graham Clarke

£5,733

Heikki Doyle (Audit Committee member)

£3,783.78

Notes

(1) Excludes out of pocket of expenses paid as per expenses policy

Registration details

Westward Housing Group Ltd is an exempt charity - Community Benefit Society no. 7350. Consumer Credit Authorisation (CCA) with the Financial Conduct Authority (ref 750083). Registered office: Templar House, Collett Way, Newton Abbot TQ12 4PH; and also offices at Tarka House, Clovelly Road Industrial Estate, Bideford EX39 3HN.

New Horizon Homes Ltd (trading as Horizon Homes). Templar House, Collett Way, Newton Abbot TQ12 4PH. Tel: 01803 219090. Website www.horizonhomes.co.uk Email: info@horizonhomes.co.uk Registered in England and Wales No. 7625039. 

Charitable status

Westward Housing Group Limited is registered with the Financial Conduct Authority as a ‘Community Benefit Society’.  It is a not-for-profit organisation with charitable status meaning that our activities are not for the financial benefit of any one individual or board of directors but more about community well-being and serving the public interest or the common good.  No board member or shareholder receives any dividends from Westward and no officer receives bonuses.  All surpluses are reinvested in the business.

We provide homes to people who cannot afford to rent or buy on the open market.  Our rents are set at either a social or affordable rent, with rent increases being determined by the government; this ensures they are more affordable.

Some of the benefits to charitable status include:

  • Affordable rent for people who cannot rent on the open market or buy
  • Ability to bid for grant funding which is only available to charities
  • Advantageous financial arrangements such as gift aid – profits of Westward’s wholly owned subsidiary (New Horizon Homes Limited) can be donated to Westward via gift aid without the subsidiary incurring any corporation tax.  To date Westward has received £3m from Horizon Homes.

Residents benefit from the careful management of our finances and all surpluses are reinvested in our properties to maintain them.  We also use our properties to secure funding to build more homes, to help more people in the future who cannot afford to rent or buy in the open market.