Financial Report for the Year ending 31st December 2011 |
Profit after tax of £152,000. The average loan to value of the mortgage book was below 50% and there
were 3 mortgages that were 12 months or more in arrears. Savings balances increased with the business account proving popular
Management expenses as a % of mean total assets rose from 0.65% to 0.70%.
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Financial Report for the Year ending 31st December 2010 |
The Beverley Building Society made a profit after tax of £133,000 as against £733,000 the
year before. This figure was after a provisions for bad debt of £888,000 and £11,000 for its contribution to the
FSCS levy.
Gross mortgage lending for the year was 13.1 million and due to low redemption levels the mortgage
book grew by 3.03%. Savings balances grew to £156.5 million from £151.3 million the year before.
Management
expenses as a % of mean total assets rose from 0.62% to 0.65%.
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Financial Report for the Year ending 31st December 2009 |
The Beverley Building Society made a profit after tax of £733,000 as against £257,000 the
year before. This figure was after a provisions for bad debt of £361,000 and £13,000 for its contribution
to the FSCS levy.
The average loan to value of the mortgage book was 50%.
7 mortgage accounts were
2 months or more in arrears.
Management expenses as a % of mean total assets dropped from 0.68% to 0.62%.
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Financial Report for the Year ending 31st December 2008 |
The Beverley Building Society made a profit after tax of £257,000 as against £775,000 the
year below. This figure was after a potential loss of £357,000 from an investment in an Icelandic bank and £208,000
for its contribution to the FSCS levy. The directors wages were £220,000 as against £207,000 the year before even
though profits were down. Bad debt provision was £65,000 as against £6,000 the year before.
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History and Profile of the Beverley Building Society |
The Beverley Building Society was established in 1866 making the Beverley one of the oldest Building Societies
in the UK. Head Office Beverley
Building Society 57 Market Place Beverley East Yorkshire HU17 8AA Tel 01482 881510 Branch (closing March 2009) 1 Market Place Pocklington East Yorkshire Y042 2AS Tel 01759 304940
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Beverley Building Society Directors Remuneration year ended 31.12.2011 |
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Beverley had a maximum of 6 over the year |
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Beverley Building Society provides a range of savings accounts including
ISAs, Notice Accounts,Postal Accounts and Monthly Saver Savings Accounts. They also offer a range of mortgage products an offset
savings facility is available on all of the Beverley Building Society's mortgage products and a business
account.
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