The Directors of Regatta Point Freehold Limited met for a regular meeting to discuss various matters arising in the running of the building. They were joined by Leah Weeks from HML Group
The following are highlights of the discussions:
- With detailed analysis of previous expenditure and market movements provided by Leah Weeks from HML Group, the Directors carried out a line by line review of the budget proposal for the 21/22 financial year. Whilst many items are stable, and some have decreased, the overall budget will increase for the next year. Details will be provided when the Service Charge Bills are issued in the next few weeks.
- Leah Weeks informed the group that a new building manager, Darren Speck will replace Yasmin from the 15th of September and that a new management system, Dwellant, is operational and it should improve the reporting, transparency and reduce errors across all the accounts.
- It was agreed that Owners will be asked to supply email details for contact information in order to reduce the amount of paper being used and to speed up delivery of formal letters.
- It was noted that the lobby refurbishment was now complete.
- Ranvir Kalra resigned as Director, with immediate effect.
The other recently appointed Directors (David Brown, Fran Black & Alan Kohn) confirmed that they are satisfied with the handover from the other long-term Directors (George Cross, Hilary Oliver & Ian Coates), which will allow them to formally resign at the end of September.