Agenda and minutes

The Committee is asked to confirm as a correct record the minutes of the meeting held on 10 February 2025.

The minutes of the meeting of 10 February 2025 were confirmed and signed as a correct record, with a minor correction.

Members are requested to declare the existence and nature of any disclosable pecuniary interest and/or other interest in any item on the agenda.

There were no declarations of interest.

To provide the Advisory Shareholder Sub-Committee with Liberty Leisure Limited’s Business Plan for 2025-28.

The Committee noted the Liberty Leisure Business Plan 2025 – 28, with particular reference to attendance numbers, setting accurate targets and the management fee.

There was also a discussion about the £57,000 deficit.  It was noted that the plan was to increase profits and reduce costs to bring down the deficit, and that it would be a last resort to call on reserves, which stood at around £400,000. 

Debate progressed on to concerns about asbestos at Bramcote Leisure Centre, which was linked to the combined heat and power (CHP) generator.  This provided the heat for the Leisure Centre in an efficient and cost-effective way.  It was noted that the rebuild of the CHP engine was being prioritised, with the asbestos removal as part of that process.

There followed a conversation about swimming provision in the north of the Borough.  It was noted that Liberty Leisure were an operator and that the Council provided the facilities for it to operate.

For the Advisory Shareholder Sub Committee to note the Liberty Leisure Limited business plan progress report for Quarter 4 2024-25.

The Committee noted the report.

To update the Advisory Shareholder Sub Committee of the performance of Liberty Leisure Limited in Quarter 4 2024/25.

The Committee noted the report.

The Advisory Shareholder Sub-Committee is asked to approve its Work Programme and to consider items for consideration at future meetings.

          RESOLVED that the Work Programme be approved.