Preparation of a vision, options appraisal and business case for the transfer of assets from Craven District Council to a Social Enterprise

Descriptions

Craven District Council hold a range of assets that are currently managed for the long term benefit of all of Craven's communities and they provide resources to support activities such as cultural services, sports development, economic and community development and community grants. These assets generate a turnover of £4.23m from rents, fees or the services delivered within them. They include the theatre, crematorium, car parks, shops, shared housing and business units. The range of assets also include those that do not generate a surplus but are important to our residents such as Aireville Park, Skipton Town Hall and Craven Leisure and these require constant investment and support. All of the local authorities in North Yorkshire are currently part of a review of the structure of local government and it is likely that Craven District Council will be merged into a wider authority. Therefore, in order to safeguard community assets and services for the long term benefit of all of Craven's communities we aim to explore the possibility to transfer the assets of Craven DC into one or more new or existing social enterprises that support the cultural and economic well-being of our communities.