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 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.