The Pickaquoy Centre Trust’s Annual General Meeting (AGM) was recently held at Picky.
Following last years ‘virtual’ meeting due to ongoing Covid-19 restrictions, it was great to be able to meet face to face and hear various updates which took place on Thursday 29 September.
The AGM included a presentation of the Financial Accounts from 2021/22.
Stephen Kemp, chairman of The Pickaquoy Centre Trust, said: “The key point this year is the tremendous success in attracting external funding, a fantastic achievement for the management team. We need to sincerely thank them because we are in a positive cash flow position, the health of the business could’ve been quite critical had we not attracted this funding.
“Given the current economic climate, unfortunately, you can’t take a positive cash balance today for granted, as we don’t know what’s ahead with the ongoing cost of living challenges. We are lucky to be in the positive position we are in, and this leaves us in a good position to be able to handle what may come in the year ahead.
“Our close relationship with Orkney Islands Council will continue to develop to ensure the strategic development of services and facilities remains a focus, and again, I wish to extend my personal thanks to them for their continued positive support over the last financial year.”
Both Stephen and James Linklater, The Pickaquoy Centre Trust’s Managing Director, thanked all of the Picky team for the way they have stepped up to the plate time and time again throughout this year as they transitioned back to a more ‘normal’ service offering. They also thanked their customers for their ongoing support, patience and positive feedback over the period.
The Annual Report and Financial Statement can be downloaded from The Pickaquoy Centre website.