BLUE COAST CAPITAL PROPERTIES LIMITED
L51N s172 STATEMENT
For the Financial Year Ending 31 December 2023
Directors’ Duties
Section 172 of the Companies Act 2006 (the “Act”) requires directors to take into consideration the interests of stakeholders and other matters in their decision making. The directors of the company continue to have regard to the interests of the company’s employees and other stakeholders, such as customers and suppliers, and the impact of its activities on the community, the environment, and the company’s reputation for good business conduct when making decisions.
The directors are fully aware of their responsibilities to promote the success of the company in accordance with Section 172 of the Act and the Company Secretary ensures sufficient consideration is given to issues relating to matters set out in s172(1)(a)-(f).
Principal Decisions
The company operates under a bespoke governance framework which was developed to consider the importance of both strategic and operational oversight at the parent level and an operating framework for all subsidiary companies to operate on a day to day basis at a divisional level, to promote and enhance the success of the group as a whole.
In this context, acting in good faith and fairly, the directors consider what is most likely to promote the success of the company for its members in the long term.
Within the context of the company’s governance practices, the company has autonomy to operate and make decisions it feels are appropriate for its own operational requirements and to enhance its business, the welfare of its employees, the wider group and the community. All Principal Decisions are made under the consideration of the director’s duties under s172(1)(a)-(f) of the Act.
Engaging with Employees
The company does not have any employees itself, however at a sub-group level the group (being the company and its subsidiaries) operates with a flat structure, which enables the group to engage with employees more easily, more constructively, and at a personal level.
The group is committed to providing equal opportunities in employment for all employees, and believes in the importance of developing our people and enabling them to grow, both professionally and personally.
The group recognises the importance of employee health and wellbeing and offers several incentives, programmes and benefits to aid employees in their personal and professional lives. For example, the group has initiated mentor programmes within its Real Estate division and provides 1-1 coaching with senior executives. In 2023 the group also held regular talks and ‘town hall’ sessions to encourage communication and integration between teams, with sessions designed to help staff learn more about the wider business and potential career opportunities.
The group continues to provide a host of other support services and initiatives to support employee’s wellbeing, including discounted health and fitness facilities and products, social activities, and time off to follow community projects or training. The group also offers a confidential Employee Assistance Programme that gives our employees a wide range of support services including 1-1 counselling and guidance.
The group continues to offer flexible working options with time split between the office and home to reduce the stresses and cost of commuting into the office every day and provide employees with a more balanced work and home life.
Engaging with Shareholders
As a family owned business, the group has a direct relationship with its shareholders. The group maintains frequent dialogue with shareholders and holds regular interactive virtual business updates directly with the shareholder base. Alongside ad-hoc written updates with news and information for shareholders, periodic reports and updates are also circulated so shareholders are well informed and the business is both transparent and pro-active in its communications.
The wider business also utilises a secure dedicated communication and governance platform for engaging directly with shareholders and sharing business updates and information.
Impact on the environment
Environmental issues, including carbon usage, is an issue that affects businesses globally and we recognise the role we all must play in addressing climate change. The group acknowledges that its investment activities can both directly and indirectly have an impact on the environment.
The company is a low energy user with annual energy use of less than 40,000kwh and is committed to acting in an environmentally responsible manner.
Our existing processes give us confidence that our business activities, strategy and financial planning are resilient to climate-related risks and we are currently well positioned to benefit from the transition to a low carbon economy.
The group will continue to review both the opportunities and risks relating to sustainability, and in particular and will reassess if there are major changes to our portfolio or unexpected changes to the trajectory of climate change.
BLUE COAST CAPITAL PROPERTIES LIMITED s172 STATEMENT
For the Financial Year Ending 31 December 2023
Directors Duties
Section 172 of the Companies Act 2006 (the “Act”) requires directors to take into consideration the interests of stakeholders and other matters in their decision making. The directors of the company continue to have regard to the interests of the company’s employees and other stakeholders, such as customers and suppliers, and the impact of its activities on the community, the environment, and the company’s reputation for good business conduct when making decisions.
The directors are fully aware of their responsibilities to promote the success of the company in accordance with Section 172 of the Act and the Company Secretary ensures sufficient consideration is given to issues relating to matters set out in s172(1)(a)-(f).
Principal Decisions
The company operates under a bespoke governance framework which was developed to consider the importance of both strategic and operational oversight at the parent level and an operating framework for all subsidiary companies to operate on a day to day basis at a divisional level, to promote and enhance the success of the group as a whole.
In this context, acting in good faith and fairly, the directors consider what is most likely to promote the success of the company for its members in the long term.
Within the context of the company’s governance practices, the company has autonomy to operate and make decisions it feels are appropriate for its own operational requirements and to enhance its business, the welfare of its employees, the wider group and the community. All Principal Decisions are made under the consideration of the director’s duties under s172(1)(a)-(f) of the Act.
Engaging with Employees
The company operates with a flat structure, which enables the company to engage with employees more easily, more constructively, and at a personal level.
The company is committed to providing equal opportunities in employment for all employees, and we believe in the importance of developing our people and enabling them to grow, both professionally and personally.
The company recognises the importance of employee health and wellbeing and offers several incentives, programmes and benefits to aid employees in their personal and professional lives. For example, the company has initiated mentor programmes within its Real Estate division and provides 1-1 coaching with senior executives. In 2023 the company also held regular talks and ‘town hall’ sessions to encourage communication and integration between teams, with sessions designed to help staff learn more about the wider business and potential career opportunities.
The company continues to provide a host of other support services and initiatives to support employee’s wellbeing, including discounted health and fitness facilities and products, social activities, and time off to follow community projects or training. The company also offers a confidential Employee Assistance Programme that gives our employees a wide range of support services including 1-1 counselling and guidance.
The company continues to offer flexible working options with time split between the office and home to reduce the stresses and cost of commuting into the office every day and provide employees with a more balanced work and home life.
Engaging with Shareholders
As a family owned business, the company has a direct relationship with its shareholders. The company maintains frequent dialogue with shareholders and holds regular interactive virtual business updates directly with the shareholder base. Alongside ad-hoc written updates with news and information for shareholders, periodic reports and updates are also circulated so shareholders are well informed and the business is both transparent and pro-active in its communications.
The wider business also utilises a secure dedicated communication and governance platform for engaging directly with shareholders and sharing business updates and information.
Impact on the environment
Environmental issues, including carbon usage, is an issue that affects businesses globally and we recognise the role we all must play in addressing climate change. The group acknowledges that its investment activities can both directly and indirectly have an impact on the environment.
The company is a low energy user with annual energy use of less than 40,000kwh and is committed to acting in an environmentally responsible manner.
Our existing processes give us confidence that our business activities, strategy and financial planning are resilient to climate-related risks and we are currently well positioned to benefit from the transition to a low carbon economy.
The group will continue to review both the opportunities and risks relating to sustainability, and in particular and will reassess if there are major changes to our portfolio or unexpected changes to the trajectory of climate change.
LEWIS TRUST GROUP LIMITED s172 STATEMENT
For the Financial Year Ending 31 December 2023
Directors' duties
Section 172 of the Companies Act 2006 (the “Act”) requires directors to take into consideration the interests of stakeholders and other matters in their decision making. The directors of the company continue to have regard to the interests of the company’s employees and other stakeholders, such as customers and suppliers, and the impact of its activities on the community, the environment, and the company’s reputation for good business conduct when making decisions.
The directors are fully aware of their responsibilities to promote the success of the company in accordance with Section 172 of the Act and the Company Secretary ensures sufficient consideration is given to issues relating to matters set out in s172(1)(a)-(f).
Principal Decisions
The Company operates under a bespoke governance framework which was developed to consider the importance of both strategic and operational oversight at the parent level and an operating framework for all subsidiary companies to operate on a day to day basis at a divisional level, to promote and enhance the success of the group as a whole.
In this context, acting in good faith and fairly, the Directors consider what is most likely to promote the success of the Company for its members in the long term.
Within the context of the Company’s governance practices, the Company has autonomy to operate and make decisions it feels are appropriate for its own operational requirements and to enhance its business, the welfare of its employees, the wider group and the community. All Principal Decisions are made under the consideration of the director’s duties under s172(1)(a)-(f) of the Act.
Engaging with Employees
The Company operates with a flat structure, which enables the Company to engage with employees more easily, more constructively, and at a personal level.
The Company is committed to providing equal opportunities in employment for all employees, and we believe in the importance of developing our people and enabling them to grow, both professionally and personally.
The Company recognises the importance of employee health and wellbeing and offers several incentives, programs and benefits to aid employees in their personal and professional lives. For example, the Company has initiated mentor programs within its Real Estate division and provides 1-1 coaching with senior executives. In 2023 the Company also held regular talks and 'town hall' sessions to encourage communication and integration between teams, with sessions designed to help staff learn more about the wider business and potential career opportunities.
The Company continues to provide a host of other support services and initiatives to support employee’s wellbeing, including discounted health and fitness facilities and products, social activities, and time off to follow community projects or training. The Company also offers a confidential Employee Assistance Programme that gives our employees a wide range of support services including 1-1 counselling and guidance.
The Company continues to offer flexible working options with time split between the office and home to reduce the stresses and cost of commuting into the office every day and provide employees with a more balanced work and home life.