Purpose

Approval of the Porters Place Southend-on-Sea LLP 2021/22 accounts on behalf

of Southend-on-Sea City Council, as joint venture partner

Decision

Approval of the Porters Place Southend-on-Sea LLP 2021/22 accounts on behalf

of Southend-on-Sea City Council, as joint venture partner

Reasons for the decision

The Council is required to approve the LLP accounts as joint venture partner. Approval is needed urgently to avoid any further action by Companies House due to late filing of the 2021/22 Accounts.

Alternative options considered

The alternative is to wait until the next Shareholder Board meeting to approve the accounts, but this risks fines and potential legal action by Companies House.