Decision details

The Area Committee, acting in its capacity as Trustee for the Brookfield Park Shiers Family Trust, has considered a report on the current financial standing of the Trust and has agreed to:-

·         note the contents of the report

·         formally adopt the Financial Accounts of the Brookfield Park Shiers Family Trust for the year ending 31 March  2018 included as Appendix 1 to the report;

·         allocate £35,000 from the Trust and give further consideration to supporting voluntary groups for children and young people, young carers, addressing loneliness amongst children and young people, and supporting sports groups for people of all ages.

·          that with regard to the investment policy, approval be given to a gradual move of funds from the deposit account to the investment account to make the most of the dividend.

Continue the current policy for the distribution of the Trust.