{"id":8448,"date":"2022-11-03T11:40:56","date_gmt":"2022-11-03T11:40:56","guid":{"rendered":"https:\/\/mbnl.co.uk\/?page_id=8448"},"modified":"2022-11-03T11:42:13","modified_gmt":"2022-11-03T11:42:13","slug":"section-1721-statement","status":"publish","type":"page","link":"https:\/\/mbnl.co.uk\/section-1721-statement\/","title":{"rendered":"Section 172(1) Statement"},"content":{"rendered":"\t
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Section 172(1) Statement<\/h2>\n

(c) Statement by the directors in performance of their statutory duties in accordance with s172(1) Companies Act 2006 (the “Act”)<\/p>\n

The board of directors consider, individually and together, that they have acted in a way they consider, in good faith, would be most likely to promote the success of the Company for the benefit of its members as a whole (having regard to the stakeholders and matters set out in s172(1) (a-f) of the Act) in the decisions taken during the year. In particular:<\/p>\n

    \n
  • The directors have approved a 5-year business plan which facilitates long term decision making regarding\u00a0investment\u00a0and\u00a0development\u00a0of\u00a0the\u00a0business.\u00a0The\u00a0plan\u00a0enables\u00a0both\u00a0shareholders\u00a0(who are\u00a0also\u00a0the\u00a0customers\u00a0of\u00a0the\u00a0Company)\u00a0to\u00a0meet\u00a0their\u00a0separate,\u00a0long-term business\u00a0strategies\u00a0and achieve continued cost\u00a0savings.<\/li>\n
  • The directors consider that the Company’s employees and suppliers are fundamental to the success of the business. The directors aim to be a responsible employer and customer and dedicate considerable focus to the Company’s approach to pay and benefits to its employees and supplier payment practices. Payment practice reports are produced internally on a monthly basis and reviewed to check progress against targets. The well-being, health and safety of the Company’s employees, suppliers and the wider public is one of the primary considerations in the way the company operates.<\/li>\n
  • The directors consider the impact of the Company’s operations on the wider community and the environment and pay attention to the environmental policies adopted by the Company’s energy suppliers.<\/li>\n<\/ul>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":7,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"page-blank-container.php","meta":{"sfsi_plus_gutenberg_text_before_share":"","sfsi_plus_gutenberg_show_text_before_share":"","sfsi_plus_gutenberg_icon_type":"","sfsi_plus_gutenberg_icon_alignemt":"","sfsi_plus_gutenburg_max_per_row":"","footnotes":""},"acf":[],"yoast_head":"\nSection 172(1) Statement - Mobile Broadband Network Limited<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mbnl.co.uk\/section-1721-statement\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Section 172(1) Statement - 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