GENESIS HOUSING ASSOCIATION

Summary Minutes of Board Meeting – Tuesday, 26January 2016 at 14h00

Atelier House, 64 Pratt Street, London NW1 0DL

ATTENDEES
Board Members
Charles Gurassa / CG / Independent, Non-Executive Chair / Present
Imani Douglas–Walker / IDW / Independent, Non-Executive Member / Present
Stephen East / SE / Independent, Non-Executive Member / Present
Elizabeth Froude / EF / Executive Director - Resources / Present
Neil Hadden / NH / Chief Executive / Present
Bruce Mew / BM / Independent, Non-Executive Member / Present
Colette O’Shea / COS / Independent, Non-Executive Member / Present
David Turner / DT / Independent, Non-Executive Member / Present
Other Attendees
John Carleton / JC / Executive Director - M&P / Present
Laurice Ponting / LP / Executive Director - Communities / Present
Hilary Milne / HM / Director of Governance & Compliance (minutes – merger) / Present
Daniel Sabel / DS / Interim Deputy Company Secretary (minutes – Other business) / Present (Other Business session only)
APOLOGIES
Eugenie Turton / ET / Independent, Non-Executive Member
STANDING ITEMS
ACTION
1090 / Welcome & Apologies for Absence
1090.1 / Apologies were noted from Eugenie Turton.
1091 / Declarations of Interest
1091.1 / No new interests were declared by Members.
1092 / Minutes of Previous Meetings
1092.1 / The minutes of the 24 November 2015 meeting were AGREED as an accurate record.
The Chair signed the minutes as a true and accurate record of the business conducted.
1093 / Outstanding Actions Report
1093.1 / The Board noted progress made to date towards completion of outstanding actions.
1094 / Chairman’s Report
1094.1 / CG updated the Members on matters that had arisen and key events attended in the period since the last meeting.
1094.4 / The Board NOTED the contents of the report.
1095 / Chief Executive’s Report
1095.1 / NH updated the Members on activities and issues he had been involved in since the last meeting.
1095.3 / The Board NOTED the contents of the report.
1096 / Full Business Case – Merger Proposal
1096.29 / Members unanimously SUPPORTED the Full Business Case for the merger with TVH and the move to the next stage, noting that all the points raised by the Board should be progressed and reported back to the Board. / NH
1097 / Health & Safety - Monthly report and draft Strategy
1097.1 / HM presented the report and the draft Strategy.
1097.5 / The Board:
a)NOTED the update on the Health & Safety Compliance Project; and
b)APPROVED the draft Health and Safety Strategy.
1097.6 / On behalf of the Board, CG thanked HM for the progress made to date.
1098 / Executive Director of Resources’ Report
1098.1 / EF introduced her report.
1098.5 / The Board NOTED the contents of the report.
1099 / Q3 Performance report
1099.1 / EF provided the Board with an overview of GHA’s performance over Quarter 3 of 2015/16.
1100 / Budget 2016/17
1100.1 / EF updated the Board on the proposed budget for 2016/17.
1100.4 / The Board NOTED the current status of the proposed budget for 2016/17.
1101 / FRS 102 Methodology
1101.3 / The Board discussedthe impact of FRS 102.
1102 / Company Secretary’s Report
1102.1 / HM introduced her report.
1102.5 / The Board NOTED the contents of the report.
1103 / Executive Director of Markets & Portfolio’s Report
1103.1 / JC introduced his report.
1103.3 / The Board NOTED the contents of the report.
1104 / Executive Director of Communities’ Report
1104.1 / LP introduced her report.
1104.7 / The Board NOTED the contents of the report.
1105 / Shared Ownership Vehicle Proposal
1105.1 / The Board discussed the proposal.
1106 / Funding
1106.1 / The Board discussed matters relating to funding.
1107 / Kier contract performance – I year on
1107.1 / The Board NOTED the contents of the report.
ITEMS FOR INFORMATION
1108 / AOB
1108.1 / No matters were raised.
1109 / Date of Next Meeting
1109.1 / The next meeting was scheduled for 16h00, 22 March 2016. HM was asked to contact Board members to confirm the date of the April Board tour. / HM
The meeting closed at 17.55 hrs.