In accordance with the requirements of Section 172 of the Companies Act 2006 (the Act), the directors consider that, during the financial year ended 31 March 2025, they've acted in a way that they consider, in good faith, would most likely promote the success of the company for the benefit of its members as a whole, having regard to the likely consequences of any decision in the long term and the broader interests of other stakeholders, as required by the Act.
For more information in support of this statement and key decisions, see corporate governance and our stakeholders
Strategic Report was approved by the Board of directors and signed on its behalf by Sunil Taldar, CEO, on 7 May 2025.
Section 172 | Find out more | ||
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a) | The likely consequences of any decision in the long term | ||
b) | The interests of the company’s employees | ||
c) | The need to foster the company’s business relationships with suppliers, customers and others | ||
d) | The impact of the company’s operations on the community and environment | ||
e) | The desirability of the company maintaining a reputation for high standards of business conduct | ||
f) | The need to act fairly as between members of the company | ||