The Chair and Board of Crystal Palace Community Land Trust have pleasure in inviting you to a General Meeting to be held on Thursday 11th November from 7.00 – 8.30pm at the Salvation Army, 58-60 Westow St, Upper Norwood, SE19 3AF.
Along with the formal business, we will be showcasing the early designs for our first housing project at The Lawns and inviting feedback. The designs have been developed with the input of our Resident Design Group, a diverse group of 18 local people who are representative of the wider Crystal Palace community in terms of age, race/ethnicity and income.
Any other resolution to be considered by the meeting shall be addressed to the Secretary, Tom Chance, firstname.lastname@example.org, to be received before 4th November 2021.
Agenda for the Annual General Meeting on 11th November 2021
1. Chair welcomes the members
2. Apologies for absence
3. Approval of the minutes of the Annual General Meeting held on the 23rd November 2020
5. Accounts for 2020-21
6. Resolution to dis-apply the requirement for an audit for 2021-22 (below)
8. Any other business.
Resolution to dis-apply the requirement for an audit for 2021-22
“It is hereby resolved that subject to the provisions of section 84 of the Co-Operative and Community Benefit Societies Act 2014, the members of the Society shall not require an audit for the accounts covering the current financial year ending on 31 May 2022 when they are presented to the next AGM held in 2021, by hereby electing to dis-apply section 83 of the Act.”
Explanation: we are not legally required to undergo an audit unless we have assets of more than £5.1m or turnover of more than £10.2m. In the current financial year our turnover won’t be higher than £500k at the most. An audit is expensive and unnecessary, and so we would like to agree not to pay for one.