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Work is commencing on the replacement of our heating/cooling infrastructure

Step one : The preliminaries - more than meets the eye. The project to replace our heating and cooling infrastructure was accepted during the EGM held on 23rd November 2023.  Throughout 2024, the additional contributions agreed during the EGM built our reserve fund back to the level required to acquire the hardware that will replaceRead More »Work is commencing on the replacement of our heating/cooling infrastructure

AGM 2024

Overview The 2024 AGM (for the accounting year ending 31st December 2023) took place at Bilton Towers on 17th December 2024.  This is later in the year than the AGMs of previous years as our Board was keen to wait until the detailed specification and cost estimates of the forthcoming heating/cooling refurbishment project were finalised,Read More »AGM 2024

Financing the climate control replacement

Service Charge and Reserve Fund Budget Pleasingly, there will no requirement to increase the service charge portion of the quarterly charges for the forthcoming financial year. The vote held during the Extraordinary General Meeting of 23rd November 2023 concluded that the funds needed to replace the building’s climate control system and associated pipework should beRead More »Financing the climate control replacement

AGM 2023

Overview The 2022 accounts closed with a deficit of £ 68,068 resulting from the unprecedented price increases of gas and electricity.  Looking ahead, the 12.5% service charge increase approved during the AGM held on 12th May 2022 will suffice to cover the expected recurring costs of this building, particularly as RMD have managed to negotiateRead More »AGM 2023

Project for approval at the AGM

Overview The system that heats and cools Bilton Towers dates back to 1963 and is now reaching the end of its life-cycle.  Its replacement is now necessary.  The proposed replacement system will generate energy costs savings of at least 25% whilst providing greater comfort, with the ability to control the temperature and air-flow room Read More »Project for approval at the AGM

AGM 2022

Overview Following two years during which Covid-19 related restrictions prevented us from holding an Annual General Meeting in 2020 and 2021, the 57th AGM of Bilton Towers Residents Company Ltd  was held on 12th May 2022  at the Hyatt Regency Churchill Hotel on Portman Square.  The 2021 accounts closed with a small surplus of £Read More »AGM 2022