Board Meeting Minutes Summary - 18th December 2024

 

Key Updates and Decisions:

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1. Financial Overview

 

• The Board reviewed financial performance for April-November 2024 and projections to March 2025

• New revenue streams include café operations which started in October 2024

• Future income opportunities identified including community kitchen and co-working space

• The organization maintains appropriate financial reserves and controls

 

2. Constitutional Changes

 

• The Board approved proposing changes to better reflect the organization's evolving role serving East and Southeast Asian communities

• Proposed changes include updating the organization's name and charitable objects

• Changes will be presented to members for approval at an upcoming general meeting

 

3. Operational Updates

 

• New HR management system implemented to strengthen personnel processes

• New staff members have joined to enhance operational capacity

• Funding secured for programs in 2025

• Café installation completed with formal launch planned for January 2025

 

4. Upcoming Events

 

• Plans confirmed for Lunar New Year 2025 celebrations

• Launch event to include attendance by local dignitaries

 

Next Board meeting date to be confirmed.

The Board continues to focus on strengthening governance, expanding services, and ensuring financial sustainability while serving East and Southeast Asian communities.

 

Note: This redacted version has removed  confidential operational details, individual names, and sensitive information.