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17th June 2017, 22.11:15 | #1-0 (permalink) |
retired & running a pub
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Wst accounts
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"Supporting Wrexham since 1926 and forever more" Last edited by wafc1926; 17th June 2017 at 22.12:49.. |
18th June 2017, 10.46:04 | #2-0 (permalink) | |
retired & running a pub
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Re: Wst accounts
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I think a promise was made to issue the accounts at least 3 days before the meeting (but I'm not 100% sure) |
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18th June 2017, 11.00:35 | #3-0 (permalink) | |
retired & running a pub
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Re: Wst accounts
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On a personal note , I will be returning to the MRS this season and look forward to seeing you again.
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"Supporting Wrexham since 1926 and forever more" |
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18th June 2017, 13.31:15 | #4-0 (permalink) | |
retired & running a pub
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Re: Wst accounts
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Look forward to seeing you. I'm hoping to do a few more pre match starts in the 1864. |
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18th June 2017, 16.45:15 | #6-0 (permalink) |
Taking coaching badges
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Re: Wst accounts
That is still a long way from an acceptable timeline in my opinion. As wafc1926 correctly points out, we are being asked to vote on financial resolutions with no or little understanding of the Trusts financial position. As the resolutions were released some time ago then having to wait until the last 2 days to pass our votes is not doing anything to encourage engagement in the trust from membership
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18th June 2017, 18.43:51 | #7-0 (permalink) | |
Legend
(info 1 & 2) Joined: Oct 2004
Racecourse Spot: Centre of the Kop, half way up,behind the goal....
Real Name:
Twitter: @wrexhamafc
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Re: Wst accounts
Quote:
Summary: To authorise the use of Trust funds to invest in Wrexham AFC and\or WST Assets Limited Proposer: The Society Board “The Society resolves that immediately following the 2017 Annual General Meeting, the Society Board be authorised to invest up to a further £150,000 in Wrexham AFC Limited (a 100% subsidiary of Wrexham Supporters Trust) and\or WST Assets Limited (a 100% subsidiary of Wrexham Supporters Trust), the Board having the power to determine how the investment is distributed between the two companies, during the period following the 2017 AGM up to the 2018 AGM”. Proposer’s background information: This is the annual resolution by which members authorise the Trust Board to invest funds in the football club and in WST Assets Limited, as they deem fit during the year up the maximum figure of £150,000. Resolution B Summary: To authorise the reappointment of the Society auditors Proposer: The Society Board “The Society resolves that McLintocks Partnership Limited are reappointed as statutory auditors of the Society for the 2017 financial year.” Proposer’s background information: This is the annual resolution needed to reappoint the Society auditors for another year. Resolution F Summary: To convert lease costs into share capital in WST Assets Ltd Proposer: The Society Board “The Society resolves that immediately following the 2017 Annual General Meeting, the Society Board be authorised to convert the costs incurred in securing the lease on the Racecourse Ground into share capital in WST Assets Limited" Proposer’s background information: WST Assets Limited (a 100% subsidiary of the Trust) was created to hold the lease to the stadium on behalf of the Trust and its members. The Trust paid the costs of entering into the lease on behalf of WST Assets Limited at the time of the transaction as WST Assets Limited had £1 share capital at the time of the transaction. This resolution converts these payments into investments in WST Assets Limited. The following costs have been incurred to date: Stamp Duty Land Tax £31,648 Searches £1,106 Indemnity Insurance Policies £2,622 Land Registry Fees £220 Legal Costs £17,100. The first two resolutions have been proposed since the WST took control of the club, the third has become necessary to propose based on the business needs of the club. Please, if you are a Club Member, vote on these issues.If you are unhappy with the timeline, please put forward a resolution to change it, as the WST is a fully democratic organisation, and relies on its membership actually taking the time to vote on such issues and steer the way they operate. Engagement is a two way street.The WST put out all information available at the earliest opportunity.This depends on the availability of information to the WST regarding any process. Sometimes that information is dependent on outside agencies, availability of Board members and legal\business sensibilities.But if there is anything that is really essential for Club Members to know, there are direct paths to get that information, if available, via the WST website, or emailing directly: secretary@wst.org.uk, chairman@wst.org.uk or any other serving Board member as per the email addresses at WST Contacts .Or simply talk to us, which is the easy way. Its a lot easier than trying to picture the WST as some sort of closed society who's elected representatives are somehow apart from the fans. We're not. We are fans. We love the club. |
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18th June 2017, 20.01:14 | #9-0 (permalink) | |
retired & running a pub
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Re: Wst accounts
Quote:
__________________
"Supporting Wrexham since 1926 and forever more" |
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