The Cabinet - Shareholder Group of Wiltshire Council met on 17 June 2025 to discuss updates and business plans for the Stone Circle Housing Company and Stone Circle Development Company, as well as to review the minutes of their previous meeting. Due to the confidential nature of some of the information to be discussed, the public and press were excluded from part of the meeting.

Here's a breakdown of the key items on the agenda:

Stone Circle Companies - Updates and Business Plans

The Cabinet - Shareholder Group was scheduled to receive updates and consider business plans for both the Stone Circle Housing Company and the Stone Circle Development Company. These items were listed to be discussed in private, because they were expected to include information relating to the financial or business affairs.

The group was scheduled to review monthly reports from both companies.

At the previous meeting on 27 January 2025, the Shareholder Group considered a report seeking consideration of the Assumptions and Scenarios for the 2025/26 Business Plans Shareholder Group review produced by Stone Circle. The Shareholder Group resolved to:

1) To note the content of this report and the Assumptions and Scenarios for the 2025/2026 Business Plans Shareholder Group Review. 2) To approve the draft model for the 2025/2026 Stone Circle Housing Company Business Plan 3) To approve the draft model for the 2025/2026 Stone Circle Development Company Business Plan in accordance with Scenario A. 4) To approve the Director of Assets to take any necessary steps to enable Stone Circle Development Company to pursue the 2025/2026 Business Plan in accordance with Scenario A

Exclusion of Public and Press

The agenda included a resolution to exclude the public and press from discussions on the Stone Circle Housing Company and Stone Circle Development Company updates, business plans and monthly reports. This was justified under Section 100A(4) of the Local Government Act 1972, citing the likely disclosure of exempt information related to financial or business affairs.

Previous Minutes

The meeting was scheduled to begin with a review of the minutes from the previous meeting held on 27 January 2025. This included both the public and private sessions. Councillor Adrian Foster, Cabinet Member for Strategic Planning, Development Management, and Housing, had previously declared an interest in the Stone Circle Business Plan - Update report, as his wife is a trustee of White Horse Housing Association, who are party to a site in Tisbury.