Tunbridge Wells Property Holdings Ltd is wholly owned by Tunbridge Wells Borough Council, on behalf of the residents of the Borough of Tunbridge Wells. It was set up in 2015 to improve the management of the residential properties within the Borough Council’s ownership, and provide an income stream from the rentals. Should any profit be made by the company following deductions for the costs of operation and maintenance, it will be returned in total to the Borough Council for use within the borough, and for the continued benefit of all residents from the borough now and into the future.
A full statement of accounts is included within the group accounts for the Borough Council, and is independently audited by Grant Thornton.
See the TWPH Ltd. Statement of Accounts for 2015/16
See the TWPH Ltd. Statement of Accounts for 2016/17
See the TWPH Ltd. Statement of Accounts for 2017/18