Poundbury Manco 2 Winter 2023/24 Newsletter

An update on activities in the M2 area of Poundbury

TV Network – New Contractor
Local firm Wessex Aerials are now looking after the Poundbury TV network.
Call 01305 813010 Monday to Friday 9am to 5pm if you have a problem with your TV reception.
Wessex Aerials will attend and identify the cause of the fault.
MANCO2 will be invoiced for any faults on the Poundbury TV network delivering the signal to you.
The resident will be invoiced for any work required to equipment within your property.
The previous contractor T2D have now withdrawn from TV work.

Annual General Meeting
The MANCO 2 AGM will take place at 7.00pm on 24th April 2024 at Brownsword Hall. All Shareholders are welcome to attend. The Board will present the recently updated 30 Year Investment Plan. A call to AGM information pack including the 2023 Annual Accounts and Annual Report will be sent out in February.

MANCO fees reviewed for 2024
Every Shareholder pays an annual fee which contributes to the routine maintenance of the communal areas, and very importantly, the reserves to cover long term commitments such as courtyard resurfacing. The fees have not changed since 2019 however, following materials and service cost inflation over the last 5 years, the Board have updated revenue and expenditure forecasts as part of the review of our 30-year investment plan. To maintain reserves for future planned expenditure, regrettably it is now necessary to increase the 2024 fees in line with UK inflation to £210, discounted to £190 if paid by 31 March 2024.

Active Maintenance Program
Symonds and Sampson, MANCO 2s’s Managing Agents, carry out quarterly checks of all courtyard areas in Active Maintenance. In addition to resolving any issues identified during their visits or responding to reported problems from Shareholders, this winter will see a program of drain clearance concentrating on courtyards south of Peverell Avenue East. Pruning and tree reduction works will be carried out, as identified by the Duchy arborist or by Symonds and Sampson themselves. Following completion of remedial works, the last in this year’s tranche of 15 additional courtyards and communal areas north of Peverell Road East will be accepted from the developers into Active Maintenance by MANCO 2 this winter.

TV Network Equipment
Several intense storms and power outages in recent months have interrupted availability of the TV network signal. Vulnerable power connections are being replaced and weather protection added to reduce exposure. In addition, a satellite receiver has been replaced in the Whitecross Square hub. As some of the older TV distribution infrastructure is now at the end of its expected operating life, further equipment will also need replacement. MANCO 2 working jointly with MANCOs 1, 3, 4 and The Duchy have commissioned and approved a design specification to replace the obsolete equipment. A tender for the supply of new equipment is planned for the New Year, for potential installation in Summer 2024.

MANCO 2 Board Recruitment
We are always looking for additional volunteer Resident Directors. Asset management, financial reporting or property law skills are particularly relevant to the workings of the Board, so if you have any experience and would like to find out more information about the duties involved, please contact us (details below) for an informal conversation.


If you want to report a maintenance issue, repair need or breach of Poundbury Stipulations that relates to the courtyard or common areas, please do one of the following:
• Report online https://www.poundburymanco.co.uk/send-report-to-manco-2/
• Or call the dedicated MANCO number at 01305 756968 (office hours)
Further information regarding the MANCOs is published on www.poundburymanco.co.uk