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    2020/21 Financial Report and proposed motion to wind up the old association

    Hi everyone

    Please find attached a link to the draft 2020/21 Financial Report: Avon Squash and Racketball - 2020/21 Financial Report. To try and keep things moving along during the AGM, please can I ask that you take a look before the meeting, as I don't want to lose the crowd by reading out the numbers line by line!

    Also, in advance of the AGM please find below a proposed motion to formally wind up the old county assocation and transfer the assets and liabilties to the new charity (CIO):

    Following the amendment of the club’s constitution last year to add a new  the Constitution under Section 9 Other Items, clause 3 as follows:

    “3a) In the event of the Club being dissolved for the purposes of becoming a Charitable Incorporated Organisation (CIO) all existing liabilities are to be discharged and any balance remaining must be transferred to the new Charitable Incorporated Organisation as decided by a simple majority vote at a final General meeting”

    We propose that:

     “All existing liabilities are to be discharged and any balance remaining is to be transferred to the new Charitable Incorporated Organisation - THE AVON SQUASH & RACKETBALL ASSOCIATION (number 1193356).”

     

     

    Looking forward to seeing you all next Wednesday

     

    Duncan