Decision Maker: Executive

Outcome: For Determination

Is Key Decision?: Yes

Is Callable In?: Yes

Date of Decision: December 4, 2025

Purpose: To write off outstanding debts on the Savills Management Accounts relating to Wolsey Walk.

Content: The Executive Resolved That  (i)    the service charge accounts at Wolsey Walk for the period 2022-2025 should be formally closed;           (ii)   instructions be given to the managing agents to write off the recommended sums; and           (iii)  any resulting service charge shortfall (£174,688.81) should be made up by Woking Borough Council as freeholder as set out in the Part 2 report. Reason: To enable the service charge accounts to be finalised and for historic debts, which have not been formally written off, to be addressed.