Issue - meetings

(Joint Report of the Director and Consortium Treasurer)

The Management Committee considered the Director’s Annual Report for 2013/14.  A copy of the report, marked ‘Item 8’, is filed with these minutes. 

The Director reported that ESPO had performed strongly in 2013/14, with stores’ sales increasing by 5% and overall turnover being 1.7% higher.

It was noted that the land and buildings at Grove Park were in the process of being revalued but that the indicative valuation of £10m was expected to remain the same as the previous year.

Members were also pleased to note that as part of improved programme of staff engagement, all permanent staff were eligible for a new Employee of the Year award, chosen by their peers. This year’s winner was Pravin Patel, one of ESPO’s drivers.

RESOLVED:

That the revised Annual Report for 2013/14 be noted.

(Joint Report of the Director and Consortium Treasurer)

The Management Committee considered the Director’s Annual Report for 2012-13.  A copy of the report, marked ‘Item 8’, is filed with these minutes. 

The Director reported that the format and content of the Annual Report had been updated to provide both a review of the previous year and an outline of ESPO’s plans for the future.

Members suggested that it would be useful for the report to incorporate reference to regional and local work undertaken by ESPO to support industries based in the UK.

RESOLVED:

(a)       That the Annual Report for 2012-13 be approved, subject to incorporation of information about regional and local work undertaken by ESPO to support industries based in the UK;

(b)       That the Director be authorised to make such minor adjustments as he considers necessary prior to publication of the Annual Report.