North Yorkshire Council
Shareholder Committee
Minutes of the meeting held on Tuesday 21 January 2025 commencing at 1.05 pm at County Hall, Northallerton.
Committee Members present: Councillor Carl Les in the Chair. Councillors Gareth Dadd and Mark Crane.
In attendance: Councillor George Jabbour
Officers present: Richard Flinton, Gary Fielding, Barry Khan, Kerry Metcalfe and Elizabeth Jackson.
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Copies of all documents considered are in the Minute Book
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Apologies for Absence
There were no apologies for absence.
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Minutes of the meeting held on 1 October 2024
Resolved –
That the Minutes of the meeting held on 1 October 2024, having been printed and circulated, be confirmed as read and signed by the Chair as a correct record.
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Declarations of Interest
There were no declarations of interest.
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Public Participation
There were no public questions or statements.
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Brierley Group Quarter 2 2024/25 Performance Report
The report of the Assistant Director Commercial, Property and Procurement providing a Quarter 2 financial and performance update for 2024/25 for the companies that make up the Brierley Group for the financial year to 30 September 2024.
Kerry Metcalfe, Assistant Director Commercial, Property and Procurement introduced the report, providing an overview of performance and highlighting the Quarter 2 achievements and challenges for the individual companies. She drew Members’ attention to the continued strong performance across the group and the overall pre-tax profit of £4.45m for the year. This represented a positive variance of £1.560m against budget for the year, and an improvement of £1.163m in comparison to the forecast reported at Quarter 1. Align and Yorwaste in particular were doing well, with pre-tax profits of over £1m projected for each company for the year, and overall Shareholder Value of c£14m projected for the year.
Services previously delivered through Brimhams Active and Maple Park had now transferred back to NYC and would be managed within the General Fund therefore would be excluded from this report after this year.
In response to a question from Councillor George Jabbour the Assistant Director advised that increased Yorwaste profits resulted from both increased efficiencies and an increase in commercial income.
Members noted the report and thanked officers for the update.
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Work Programme 2024/25
Members considered and endorsed the work programme for the Committee for the remainder of 2024/25.
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Date of Next Meeting - 18 March 2025
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The meeting concluded at 1.23 pm.