AGM and Briefing 19 th August 2020 Premier Partners AGM and Briefing - - PowerPoint PPT Presentation

AGM and Briefing 19th August 2020

Premier Partners

AGM and Briefing 19th August 2020

AGM Agenda

1. Welcome and apologies 2. Minute of AGM held 23rd May 2019 3. Matters arising from the Minutes 4. Adoption of 2019 Accounts 5. Appointment of Auditors 6. Appointment of Directors 7. Re-appointment of President 8. Appointment of Office Bearers

Commercial Summary 2019

• Membership rose by 4% to 360
• 54 events were attended by 1,900

people

• Revaluation of Tolbooth Street property

to £120k

• Facebook and LinkedIn followers

doubled

• Number of exporters grew
• Operating Profit of £18442

Accounts Overview 2019

• Income increased by 5% to £303k
• Three main income streams:

➢ Membership & Premier Partnership subscription fees (47%) ➢ Event attendance (27%) ➢ Documentation & office services (19%)

INCOME EXPENDITURE

• Modest overall increase of 4.6%
• Most costs remained static but increased spend on:

➢ Event expenses ➢ Documentation Service ➢ Prudent and value for money approach has ensured financial stability and strength

Financial Position 2020

• Profit of £3k in first six months of the year
• Membership, export documentation and commercial

revenues have all performed better than expected

• Income generated by live events significantly

reduced

• Membership, export and events income will all be

lower this year

• Anticipated breakeven by the end of the year but

confident that a healthy cash balance will be maintained.

• Member loyalty and Government Grants has avoided

the need to furlough staff and ensure members continue to be supported.

Our Values

➢Connected

We take responsibility for building and strengthening connections between staff, members and the local and wider business community. We strive to connect in new ways of working together to enable knowledge sharing and the creation of best practices. We connect the local voice of business to regional and national decision makers.

➢Collaborative

We shape our collaborative effort around the needs of our members, as well as the local and wider business community. We embrace change and recognize that it drives growth. We endeavor to collaborate, build connections and partnerships to create value that supports our members and enables growth.

➢Respecting

We value the diversity of experience, expertise and talents of our members, employees and the wider business community. We are inclusive and embrace and respect each other’s differences, opinions and contributions. We believe in being passionate and responsible. Our actions demonstrate fairness, integrity, passion and humility which allows us to not only inspire but encourage one another to achieve our potential.

2020

Our Plan

Continuing what’s worked well….

➢ Account Management ➢ Practical Events ➢ Political Engagement

Adapting to new situations…. Strengthening our partnerships….

2020

AGM and Briefing 19th August 2020

BREAK OUT ROOMS