Graven Hill Village Development Company (GHVDC) - FY 26/27 Business Plan Reforecast Post Year End
Exempt Report of Shareholder Representative.
Additional documents:
Decision:
Resolved
That:
(1) The Graven Hill Village Development Company’s 2026-27 Strategic Business Plan (reforecasted update and cashflow forecast) as set out in Appendix A and Appendix B, be approved. Appendix C provides a summary overview of the material changes.
(2) the strategic risks as set out in the report be noted.
(3) the key performance indicators, with the exception of residential legal completions which are now 42, for Graven Hill Village Development Company to report to the Shareholder remain as approved at the March 2026 Committee in accordance with the Business Plan 2026-27, be noted.
(4) The financial strategy and cashflow forecast, as set out in Appendix B, for Graven Hill Village Development Company, be approved.
(5) The FY2026-27 profit and loss overview, cashflow budgets and associated commentary for Graven Hill Village Development Company remain materially as approved at the March 2026 Committee as set out in Appendix C of the report, be noted and approved.
(6) The working capital cashflow as set out in Appendix C of the report includes £1.2m to fund exchange deposit and fees to progress planning application design and surveys for the acquisition of the Bodicote House development site, be noted and approved.