Decision details
Nexxus Trading Services Limited - Annual Report 21/22
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
Update on the activities and performance of
the LATC for the 21/22 financial year.
Decisions:
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“Nexxus was created to help care for the people of Staffordshire when there was no-one else to turn to.
Since then, it has grown both in size and importance so that it is now provides vital care across the county, delivering home care where there are shortages in the private sector and maintaining residential care when needed.
Turnover has increased by more than a third in 12 months, delivering a modest profit, and now employs 340 people, each essential to this success story.”
Alan White, Leader of the Council |
Reasons for the Decision – To consider an update on the activities and performance of Nexxus Trading Services Limited during 2021/2022.
Decision – (a) That the report be received.
(b) That the in-year trading profit of £18,791, which has been transferred to company reserves, be noted.
Report author: Simon Ablewhite
Publication date: 20/10/2022
Date of decision: 19/10/2022
Decided at meeting: 19/10/2022 - Cabinet
Effective from: 26/10/2022
Accompanying Documents:
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