We are pleased to invite you to our Annual General Meeting at 7.00 p.m. on Wednesday, 30th November, 2016 at St. John’s Church, Bridgetown, Totnes. Please do join us also for drinks, nibbles and sparkling conversation at St. John’s, after the AGM.
We are delighted to be welcoming, as Guest Speaker, Karen Williams, C.O.O. of The Dartington Hall Trust; as TRESOC looks towards working in partnership with the Trust.
TRESOC AGM 2016
Building on the award winning success of last year, this year the Tresoc Team have continued to develop the solar portfolio with the purchase of the 50kW roof mounted array at Hatchlands Farm and the installation of a new 30kW roof mounted array at Lescaze House, Dartington. This marks the start of Tresoc providing electricity direct to consumers via private wire network, and thus becoming an electricity supplier. Tresoc has also established the Staverton Hydro Community Benefit Society to develop a 100 kW hydro power station which will supply low cost renewable electricity to Dartington Hall Trust. Furthermore, we continued to investigate the potential for an on farm anaerobic digestion plant to convert local food wastes into electricity, heat and valuable fertiliser.
On the administration front, we have upgraded our financial management and forecasting capabilities with the adoption of SAGE financial software.
To further the development of renewable energy through community engagement and education we organised several community events and worked with a range of students. These include: a project with Plymouth University design students on Totnes Weir; a summer internship with a student from Exeter University to investigate the potential for the anaerobic digestion of local food waste, which culminated in a community talk; Guest talks at Schumacher; and, the first ever Archimedes Screw Fest.
The income stream from our solar assets, with a welcome bonus from the sale of shares in Dart Renewables to Tresoc members, means that we are on target to make a trading surplus in the current financial year. This will allow a first modest interest payment to members of 2%. Details will be announced at the AGM and payments will be made at the end of our financial year in April 2017. This hard won ability to operate profitably is a key milestone for Tresoc and we are keen to celebrate and share this achievement with our members at this AGM. Your continuing loyalty and support during the long haul to profitability has been key to our success.
Come and Take Part
We urge you to come to our AGM, ask questions and help us develop our strategy for the year ahead – we’d like to welcome all of you! Our goal – as always – is that you are aligned with, and endorse the efforts we are making on your behalf.
The Agenda for the AGM can be found here. The Directors’ Report and a summary of our latest Accounts to 31st March 2015 will be available at the AGM or can be down loaded from the website. A signed copy of the Accounts has been submitted to the Financial Services Authority, and copies will be available to members at the AGM.
On entry to the AGM your name will be checked against the Register of Members. Attendees will be required to vote on society business. We would be grateful if you could let us know if you plan to attend; Click here to RSVP online. Alternatively, if you are unable to attend and, wish to nominate a proxy, please find a Proxy Voting Form along with the AGM Agenda on the website.
In order to keep you up to date, we do need to have your current contact details. So, if there are any changes to your address, email address or phone number please do let us know. You can also find on the website all the latest news on our projects, press releases and newsletters, as well as full copy of the Society’s Rules.
If you have any queries regarding any aspect of your investment or TRESOC in general we are always happy to help. You can contact us by telephone 01803 867431, email email@example.com or via our website, and we’d be pleased to hear from you if you feel you could offer some of your time and/or skills to help develop the Society.
So that just leaves us to say thank you for helping to empower your community by being part of TRESOC.
We look forward to seeing you on 30th November.