Issue - meetings

To consider the report.

Following consideration of the officer report and discussion, the Executive agreed:

a.        The approval of the Homes in Sedgemoor annual company accounts as set out in the report.

b.        That the appointment of external auditors – Bishop Fleming – is endorsed further to the procurement exercise undertaken by Homes in Sedgemoor.

ALTERNATIVE OPTIONS CONSIDERED: As set out in the officer report

REASON FOR DECISION: As set out in the officer report

Annual Approval as Sole Shareholder of Homes in Sedgemoor- Agenda Item 5

The Leader of the Council and Lead Member for Governance and Communications, Cllr Bill Revans, invited the Lead Member for Communities, Housing and Culture, Cllr Federica Smith-Roberts, to introduce the report.

The Lead Member for Communities, Housing and Culture, Cllr Federica Smith-Roberts, introduced the report, highlighting: that the Council is the sole member (equivalent to the shareholder in a company limited by shares) of Homes in Sedgemoor (HIS); and that as a corporate body the Council is required to approve the Annual Accounts of HIS and endorse the appointment of external auditors.

The Service Director – Housing, Community Services, Chris Brown, further added to the above points advising of: the number of properties and the duties as a shareholder, including the appointment of representatives to the Board; approval of the accounts and auditors; and that the Executive decision would be taken to the HIS Annual General Meeting September 2023.

The Leader of the Council and Lead Member for Governance and Communications, Cllr Bill Revans, invited comments from other Members present, there were no questions or points raised.

The Executive proceeded to vote on the recommendations, which were agreed unanimously.

The Executive agreed:

a.        The approval of the Homes in Sedgemoor annual company accounts as set out in the report.

b.        That the appointment of external auditors – Bishop Fleming – is endorsed further to the procurement exercise undertaken by Homes in Sedgemoor.

ALTERNATIVE OPTIONS CONSIDERED: As set out in the officer report

REASON FOR DECISION: As set out in the officer report