Decision details

Shareholder Actions - Accounts and Auditor appointment

Decision Maker: Commercial Ventures Executive Sub-Committee

Decision status: For Determination

Is Key decision?: No

Is subject to call in?: No

Purpose:

Shareholder Actions for (a) Greensand Holdings Limited; and, (b) Horley Business Park Development LLP.

Decision:

RESOLVED, as shareholder representative for Greensand Holdings Limited (the Company), a company 100% owned by RBBC:

i.               To receive the Company’s Directors’ Report and Audited Financial Statements for the year ended 31 December 2020 set out in the exempt report of the agenda;

ii.              To approve the re-appointment of Kreston Reeves LLP as auditor for Greensand Holdings Limited for the year to 31 December 2021;

iii.             For the auditor appointed to Greensand Holdings Limited in (ii) above, to authorise the Directors of the Company to fix the auditors’ remuneration for the year to 31 December 2021 as set out in the exempt report of the agenda;

iv.            To authorise the Portfolio Holder for Investment and Companies to sign on behalf of the shareholder, RBBC, the shareholder ordinary resolution confirming (i.) to (iii.) above as set out in the exempt report of the agenda.

RESOLVED, as partner representative for Horley Business Park Development LLP (the Company), a company part-owned by Reigate and Banstead Borough Council (RBBC):

v.              To receive the Horley Business Park Development LLP’s Annual Report and Financial Statements for the year ended 31 December 2020, set out in the exempt report of the agenda;

vi.            To direct the RBBC Board Representatives of the Company to approve the Annual Report and Financial Statements for the year to 31 December 2020;

vii.           To authorise the RBBC Board Representatives of the Company to approve the reappointment of Moore Kingston Smith LLP as auditor for Horley Business Park Development LLP (the Company) for the year to 31 December 2021; and

viii.          For the auditor appointed to Horley Business Park Development LLP in (vii) above, authorise the RBBC Board Representatives of the Company to fix the auditors’ remuneration for the year to 31 December 2021, as set out in the exempt report of the agenda.

Corporate Priorities : A great council.;

Wards Affected: (All Wards);

Contact: Kirsty Jane Hill, Democratic Services Officer Email: Kirsty.J.Hill@reigate-banstead.gov.uk Tel: 01737 276749.

Publication date: 07/10/2021

Date of decision: 30/09/2021

Decided at meeting: 30/09/2021 - Commercial Ventures Executive Sub-Committee

Accompanying Documents: