Decision Maker: Executive Shareholder and Trustee Committee

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: Yes

Date of Decision: September 11, 2025

Purpose:

Content: Decision: To note the contents of the report submitted to the Committee, and that North Downs Housing Limited remains financially healthy as of 2023-24, with steps being presently being taken to address outstanding financial liabilities separately to the report.   Reasons: ·      NDH's financial performance has improved significantly in the year ending 31 March 2024, evidenced by increased reserves, net assets, and profitability. ·      The Authority continues to maintain an oversight of the company with no impairment to the company’s value during the financial year 2023-24.   Other options considered and rejected by the Committee: None   Details of any conflict of interest declared by the Leader or lead councillors and any dispensation granted: None.