Leeds Community Homes - OFFER CLOSED

Governance and people

Leeds Community Homes is a Community Benefit Society registered under the Co-operative and Community Benefit Societies Act, 2014.

Leeds Community Homes Ltd is a Community Benefit Society, registered with the Financial Conduct Authority under the Co-operative and Community Benefit Societies Act 2014 as a Community Benefit Society. Registration Number 7252.

Their rules are available to view here.

Total number of shares

Leeds Community Homes will be issuing 360,000 shares, worth £1 each, through their current offer. 

Next AGM

July 2017

People

The team

The Directors currently on the board of Leeds Community Homes are listed below. Each has a long track record of working in Leeds – in a wide range of relevant sectors. They are all on the Board in a personal capacity.

All members who join Leeds Community Homes are eligible to stand for election to the Board of Directors.

Conflict of interest

The Board of Directors of Leeds Community Homes have a Register of Interests – and all Board members have declared their current interests. Board members are asked to inform their fellow directors of any new potential conflicts of interest.

When necessary, Board members acknowledge a potential conflict of interest, and remove themselves from that particular Board discussion and decision. For example, Paul Belbin was not involved in the decision making process for appointing Gipsil as managing agents for Low Fold. Similarly, Gill Coupland and Rob Greenland were not involved in the decision making process to engage Social Business Brokers CIC to provide a co-ordinating role for Leeds Community Homes from May 2016.

Board members are encouraged to raise any potential conflicts of interest, if the person themselves has not previously acknowledged the potential conflict.

Directors' remuneration

There is no payment for Board members for being on the Leeds Community Homes Board of Directors. Reasonable out-of-pocket expenses are paid in appropriate circumstances – such as travel expenses when a Board member is representing Leeds Community Homes at an event.

Board members do not stand to gain financially from this share offer.

Directors' holdings

Each Director holds a £1 share.

Employee satisfaction

Leeds Community Homes does not currently report on employee satisfaction. 

Diversity

1 out of 8 directors are female.

The current Board is made up of founder members of the Society. The Board recognises the serious current gender imbalance, and also that the current Board is not representative of the diverse city that they wish to serve.

An AGM will be held during 2017 to give Society members the opportunity to stand for election to the Board. A concerted effort will be made to ensure that the Society has a more diverse Board, with a much improved gender balance.

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