Issue - meetings

AGREED that the Executive Shareholder Committee note the performance of Active4Today up to period 6, 2024-25.

The Health Improvement and Community Relations Manager was in attendance to present a report detailing the performance of Active4Today for the period 1 April – 30 September 2024.

Overall membership had increased by 44, offsetting losses at Southwell Leisure Centre, and a reduction in anticipated utilities costs had contributed to the projected management fee for 2024-25 decreasing from a budgeted £749,100 to £81,200 representing a projected decrease in management cost to the Council of £667,900. This also included a budgeted £50,000 transfer to the Company’s Target Reserve of £750,000 which currently stood at £640,188 in year. This set the subsidy per user at a forecast of 7p for 2024/25.

The Committee welcomed the report and the positive financial position.

AGREED (unanimously) that the Executive Shareholder Committee note the performance of Active4Today up to period 6, 2024-25.

Reasons for Decision:

To ensure that the shareholder has assurance and oversight of the company’s performance ensuring that the company continues to deliver the outcomes required by the Council as aligned to the Councils Community Plan.

Options considered:

Not applicable