Notting Hill Genesis has reported a £90.2m pre-tax deficit after identifying £101.5m in one-off costs, the majority of which related to building safety liabilities and impairments.

This compares to a pre-tax surplus of £106.1m in 2022/23.

The accounts, which were published this afternoon after missing the Regulator of Social Housing’s 30 September deadline, identified £53.7m in building safety liabilities and £10.1m in asset impairments.