Decision Maker: Cheadle Area Committee

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: Yes

Date of Decision: June 17, 2025

Purpose:

Content: The Area Committee has given approval to the following recommendations - (1)  To note the contents of this report; (2)  To formally adopt the Financial Accounts of the Brookfield Park Shiers Family Trust for year ending 31 March 2025; (3)  To agree not to make funding available for distribution from the Trust during 2025/26 due to the Trust’s deficit outlined in the report of £3,832; (4)  To continue with the current investment policies which are: ·         To maintain the value of the Trust in real terms before considering any distribution, and ·         To reinvest the dividends received in relation to the Investment Fund back into that Investment Fund, and; (5)  To ask that regular updates are provided to the Committee on the position of the Trust.