Section 172 Companies Act 2006 Statement
As a charitable organisation, BH Live is committed to promoting physical well-being, cultural engagement, and social inclusivity within the communities we serve. The Trustees of BH Live are aware of their duties under Section 172 of the Companies Act 2006, which requires them to act in the way they consider, in good faith, would be most likely to promote the success of the charity for the benefit of its stakeholders as a whole.
In performing their duties and when making decisions, the Trustees have had regard to the following considerations:
The Likely Consequences of Any Decision in the Long Term
The Trustees recognise the importance of long-term sustainability and impact in decision-making. In every strategic decision, we assess how our decisions will support our charitable objectives to enhance the health and cultural vitality of communities over the coming years, this is supported by projects we have delivered in the expansion and investment section and also actions to reduce CO2 emissions section of our Trustees’ Report and financial statements for year ended 31 March 2024.
The Interests of the Charity’s Employees
Our employees are our greatest asset in delivering our charitable objectives. The Trustees are committed to creating a positive and supportive work environment that fosters professional growth, well-being, and inclusivity. We have continued to develop our Learning Zone platform and our employee engagement “Your Voice Counts” forum as detailed in the Employee Involvement and Learning sections of our Trustees’ Report and financial statements for year ended 31 March 2024 to ensure that our staff feel valued and empowered to contribute to our objectives and priorities.
The Need to Foster the Charity’s Business Relationships with Suppliers, Customers, and Others
BH Live values the strong relationships we have with our suppliers, customers and partners. We actively seek to build and maintain these relationships based on mutual trust and respect. In choosing our suppliers, we prioritise ethical practices and sustainability. We encourage our customers to provide feedback on their experience with us to ensure that our services meet their needs and expectations, thereby fostering long-term partnerships that support our charitable objectives.
The Impact of the Charity’s Operations on the Community and the Environment
As a charity focused on health, well-being and culture, the impact on the community and the environment is central to our operations. We are dedicated to reducing our environmental footprint by improving energy efficiency in our buildings, reducing waste, and promoting environmentally friendly practices across all our activities, some of these are detailed in the corporate responsibility section of our Trustees’ Report and financial statements for year ended 31 March 2024. Our venues and activities are inclusive and accessible, ensuring that everyone in the community can benefit from our services, particularly those in underserved or disadvantaged groups.
The Desirability of the Charity Maintaining a Reputation for High Standards of Business Conduct
Integrity, transparency, and accountability are at the core of BH Live. The Trustees are committed to upholding the highest standards of governance and ethical behaviour. We operate with full transparency, regularly reporting our activities and financial performance to our partners, our employees and our donors. Our commitment to high standards of business conduct is reflected in our comprehensive governance framework, which ensures compliance with all relevant regulations and best practices.