1. Lyvennet Community Trust
Registered Office
Hall O’Th Gate
Crosby Ravensworth
Cumbria
CA10 3JP
Company Registration
Charity No

2. Annual General Meeting
15th December 2015

3. Agenda Introduction & Apologies Minutes AGM – 10th December 2014
Chairman’s Annual Report
Adoption of Annual Report
Treasurers Report + Financial Accounts
Adoption of Accounts to 31 Aug 2015
Appointment of Accountants 2015/16
Election of Trustees
The next 12 months
Any other Business
Date and Time for next meeting

4. Introduction and Apologies

5. Chairmans Report

6. Current Trustees / Directors
David Graham Chair
Cameron Smith Treasurer
Annie Kindleysides
Joan Raine
Christine Smith
Douglas Henderson
Stephen Holroyd
Roger Bird

7. Development Phases

8. Current Status

9. Lettings Rental properties
All 10 rental properties have allocated tenants
No tenant changes
48 week rent year
Zero Voids in Year
Rents increased w.e.f. 1st April 2014
RPI + 0.5% = 2.2%
In line with HCA guidelines

10. Shared Ownership No. 8 No. 1 No.8 sold Eden DC + HCA approval
£35k HCA grant repaid
No. 1
Sold subject to contract
Eden DC + HCA approval being sought
£35k HCA grant to be repaid

11. Eden Housing Association
Our Partner providing Housing management
LCT own + have full Control
Service Level Agreement

12. Financing Charity Bank £650k mortgage
Balance on short term bridging finance
Financial forecast refreshed monthly

13. Construction Status Atkinsons Final Account still to be agreed
Adoption
Section 104 foul drainage adoption complete (United Utilities)
Road adoption to progress

14. Adoption of Annual Report

15. Treasurers Report

16. Balance Sheet

17. Adoption of Accounts

18. Appointment of Accountants Dodd & Co

19. Election of Trustees / Directors
Trustees of the Charity + Directors of the Company
Executive Committee of between 5 and 11
AGM’s 1/3rd Trustees / Directors stand down
Retiring Members of Executive eligible for re-appointment
Trustees / Directors manages the business of the
Charity
Company
Requirements laid out in
Trustee Code of Conduct
Trustee Director Role Description
Only Members eligible to stand and vote
Posts – Trustee / Director up to 11
including Chair / Treasurer / Secretary

20. Trustees / Directors nominations
Standing down
David Graham
Joan Raine
Annie Kindleysides
Nominations
Trustee / Director
Chair
Treasurer
Secretary

21. The next 12 months Key issues Complete sale of Plot 14 and House No. 1
Repayment of bank bridging finance
Re-finance of mortgage funding
Manage the impact of Right to Buy and Welfare Reform changes
Review Eden HA Management

22. Any Other Business

23. Next Meeting To be Notified