Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
The Council as shareholder approved a 5 year
plan in 2020 for activities within Seascape Group Limited in order
to aid medium term planning. This report provides an annual update
to the shareholder, as well as providing an annual update on the
Bournemouth Building Maintenance Limited (BBML) wholly owned
RESOLVED that: -
(a) the plans to further grow the two Seascape Group subsidiaries be supported;
(b) the appointment of Hixsons Limited as the external auditor for BBML, Seascape Group Limited (SGL) and MD Care to audit the 2020/21 company accounts be approved; and
(c) the appointment of Paul Whittles, Finance Manager as temporary Director of Finance for Seascape Group Limited be approved.
Portfolio Holder: Homes
The Seascape Group subsidiaries – SSL and SHP – provide valuable services and will generate additional income to BCP Council as the sole shareholder to help continue delivering Council services to the vulnerable people.
It is a requirement of the Shareholders Agreement for both BBML and SGL that authority is sought from the Council as sole shareholder for the appointment of the external auditor and for the appointment of Directors.
Report author: Lorraine Mealings, Seamus Doran, Kate Ryan
Publication date: 25/06/2021
Date of decision: 23/06/2021
Decided at meeting: 23/06/2021 - Cabinet
Effective from: 03/07/2021