Freedom of information response
Commercial investments taken by the council since 2019
This is an information request relating to commercial investments taken by the council since 2019
Please include the following information:
• A list of all commercial investments taken by the council during the 2019/20, 2020/21, 2021/22, 2022/23 and current financial years
• The value of each investment
• The future annual income forecast at the time of purchase
• The actual income received each year since the purchase, up until and including the 2022/23 financial year
Please include the following information:
- A list of all commercial investments taken by the council during the 2019/20, 2020/21, 2021/22, 2022/23 and current financial years
The Council has provided an update on its Investment position in a recent Cabinet report - 13 Sept 23 – link Report Template (thurrock.gov.uk)
Other sources of information are as below.
Details of investment are available within our statement of accounts. These documents are published on our website.
2019/20 – Audited Statement of Accounts
2020/21 – Unaudited Statement of Accounts
Links as below:
Statement of accounts | Our accounts and funds | Thurrock Council
There is quarterly reporting to Cabinet that covers Council Investment– links as below. Link also for outturn reporting.
Cabinet Papers
13 Sept 2023 - Quarter 1 Forecast Revenue and Capital Outturn Report.pdf (thurrock.gov.uk)
12 July 2023 Agenda for Cabinet on Wednesday, 12th July, 2023, 7.00 pm | Thurrock Council (22-23 Provisional out-turn)
15 March 2023 Quarter 3 2022-23 Financial Update.pdf (thurrock.gov.uk)
22 Feb 2023 Draft Budget 2023-24.pdf (thurrock.gov.uk) Draft Budget 23-24
14 Dec 2022 Financial Update - Quarter 2 2022-23.pdf (thurrock.gov.uk)
09 Mar 2022 Financial Update - Quarter 3 202122.pdf (thurrock.gov.uk)
08 Dec 2021 Quarter 2 Financial Update.pdf (thurrock.gov.uk)
08 Sept 2021 Financial Update - Quarter 1 2021-22 and Revised MTFS.pdf (thurrock.gov.uk)
07 July 2021 Report Template (thurrock.gov.uk) (20-21 out-turn)
10 Mar 2021 Financial Update - Quarter 3 202021.pdf (thurrock.gov.uk)
09 Dec 2020 Financial Update Quarter 2 2020-21.pdf (thurrock.gov.uk)
16 Sept 2020 Medium Term Financial Strategy Update and Revenue Budget Monitoring - Quarter 1 202021.pdf (thurrock.gov.uk)
22 Jul 2020 Report Template (thurrock.gov.uk) (19-20 out-turn)
11 Mar 2020 Quarter 3 Financial Report.pdf (thurrock.gov.uk)
15 Jan 2020 Quarter 2 Financial Report.pdf (thurrock.gov.uk)
04 Sept 2019 Revenue Budget Monitoring - Quarter 1 201920.pdf (thurrock.gov.uk)
- The value of each investment
See Cabinet papers above
- The future annual income forecast at the time of purchase
See Cabinet papers above
Also Council budget papers details budgets for Treasury – links as below
01 Mar 2023 2023/24 Budget - Agenda for Council on Wednesday, 1st March, 2023, 7.00 pm | Thurrock Council
23 Feb 2022 - 2022/23 Budget Agenda for Council on Wednesday, 23rd February, 2022, 7.00 pm | Thurrock Council
24 Feb 2021 - 2021/22 Budget Agenda for Council on Wednesday, 24th February, 2021, 7.00 pm | Thurrock Council
26 Feb 2020 - 2020/21 Budget Agenda for Council on Wednesday, 26th February, 2020, 7.00 pm | Thurrock Council
27 Feb 2019 - 2019/20 Budget Agenda for Council on Wednesday, 27th February, 2019, 7.00 pm | Thurrock Council
- The actual income received each year since the purchase, up until and including the 2022/23 financial year
Covered by the Cabinet and Council papers above
Investment details beyond what has been reported to members (as above) would compromise the Council’s position as it follows its Investment Divestment strategy – exemption applied on the grounds of commercial sensitivity.