Standard Letter For Purchasers
We trust this information will be helpful and allay any concerns that you may have. If you do have any further queries or concerns then please do not hesitate to contact a member of the Board.
Annables (Management) Company Limited
The Company was incorporated under the companies act on 11th April 1960. The Directors are unpaid positions, held by volunteers from shareholders, who are the owners of one of the houses. Every house holds one ordinary share valued at £4 enabling shareholders to vote at our AGM. Every house has an equal shareholding in the company. The AGM is held in June. The companies financial year runs from 1st March to 28th February. The annual management levy which is paid by each household is £300. As at January 2018 the company has reserves of circa £24,000.
The Board is currently made up of the following residents:-
Richard Bell (Chairman) - Hurdles, Spring Road
Bruce Campbell - The Red House, Spring Road
Elaine Soanes - Spring View, Spring Road
Steve Smith (Secretary) - Cedarwood, Spring Road
David Wooster (Treasurer) - Springfield, Spring Road
Andrew Eilfield - Windrush, Spring Road
Summary of the Memorandum and Articles of Association