The Area Committee has given approval to:
a) formally adopt the Financial Accounts of the Brookfield Park Shiers Family Trust for year ending 31 March 2023;
b) that a budget of £10,000 of funding to be made available for distribution from the Trust during 2023/34;
c) continue to operate the current investment policies, namely, to maintain the value of the Trust in real terms before considering any distribution and to reinvest the dividends received in relation to the Investment Fund back into that Investment Fund;
d) continue to receive updates at Area Committee meetings from the Democratic Services Officer on the progression and/ or success of projects which have received a grant from the Brookfield Park Shiers Family Trust;
e) the proposed dates and times of Brookfield Park Shiers Family Trust Sub Committee meetings to be held during the period until the next annual council meeting as per the report; and
f) the proposal to add the Deputy Section 151 Officer, Jonathan Davies, as Trustee to the Fund for administrative purposes to the Charity Commission website.