Issue - decisions

Summary of Decision

The Cabinet Member for Adult Social Care, Public Health and Voluntary Sector has approved the award of a grant to Paddington Development Trust (a charitable company limited by guarantee with company number 03652559) for a term of 10 years and a total value of £3.14 million to assist PDT to run and maintain the Stowe Centre. 

Reasons for Decision

The Stowe Centre operates as a community anchor organisation, providing space and services for local residents and voluntary groups in Westminster, particularly those in the north of Westminster where the centre is located.

The grant was initially approved in April 2024, however this decision is required to reflect subsequent revisions to the rent and service charges. There is an increase to the annual grant amount from £180,000 a year to £230,000 a year for the rent, and by £66,000 for the service charge. This brings the total grant per annum proposed in this paper to £314,000 per annum (£3.14 million for 10 years).