2:57pm Tuesday 31st July 2012
A NORTH Essex-based charity which helped communities on the coast has been placed in administration.
The future of projects run by CoastNet, including the long-term Reaching Jaywick scheme, are now under threat.
Administrators Chantrey Vellacott DFK, which has an office in Colchester, is talking with parties to see if any of the projects can be transferred and kept going.
But in the meantime all eight staff, based in Rowhedge and Plymouth, have been made redundant.
CoastNet chairman John Lant said: "We are very sad to see the charity being forced to take this difficult decision but the Trustees acted decisively and responsibly once the scale of the financial challenges facing CoastNet were identified.”
© Copyright 2001-2013 Newsquest Media Group