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 of the Financial Accounts of the Brookfield Park Shiers Family Trust for the year ending 31 March 2017 included as Appendix 1 to the report.
· reaffirm its previous decision to reserve £25,000 from the Trust towards addressing the effect of loneliness amongst elderly residents and the consequential effect on their health.
· retain the current investment policy of the Trust, but the possible use of social investment bonds be investigated and the outcome included in the next report to the Area Committee on the financial standing of the Trust.