Find out more about how GBSLEP is constituted, and download our annual accounts as submitted to Companies House.
The Greater Birmingham & Solihull Local Enterprise Partnership (GBSLEP, or the LEP) was constituted as a company limited by guarantee in May 2011. The LEP has a number of Company Members – the nine local authorities and six business representative organisation members (the Greater Birmingham Chambers of Commerce, the Herefordshire and Worcestershire Chambers of Commerce, the Federation of Small Businesses, the Engineering Employers Federation, the Royal Institution of Chartered Surveyors and the National Farmers Union). The LEP has an Annual General Meeting every year, which presents an opportunity for the LEP Board to report on progress and for company members and wider stakeholders to hold Directors to account for performance.
The LEP’s Articles of Association can be read here. The Articles were most recently amended on 5th January 2017 to enable the Board to recruit one additional non-executive director to represent the young people of Greater Birmingham & Solihull.
As a company limited by guarantee, GBSLEP is required to submit annual accounts to Companies House. As the funds allocated to GBSLEP are held on its behalf by Birmingham City Council (as the LEP’s “accountable body”), GBSLEP does not hold its own funds and therefore submits nil returns to Companies House.
The most recent return – for the year ending 31st May 2017 – can be read here.
The LEP Board does though control and directly oversee the expenditure of a number of funding streams. These include a number of grants from Government for specific activity and funding generated locally through the Business Rates Pool. You can find our more in our Annual Report.