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[LUG]Re: Lug funds

 

Dear Folks, 20251013
I ran charity for a local group for some years. It involves a lot of
work and many legal obligations.

The administration side took up many, many hours.
I recommend you do not set up as a charity.
Kindest regards
Eion MacDonald (Lancashire)

On Mon, 13 Oct 2025 at 07:15, Helen McCall <helen.wildnfree@xxxxxxxxx> wrote:
>
> Hello Henry,
>
> Thanks for the link, but making it a charity will involve a lot of work
> for a number of people, and terrible legal responsibilities.
>
> All we need to do is to establish the user group as a Legal Entity
> being a community association, so that we may have a bank account.
>
> Helen McCall
>
> On Sun, 12 Oct 2025 14:50:20 +0100
> Henry Bremridge via list <list@xxxxxxxxxxxxx> wrote:
>
> > Top posting and designed for charities but
> >
> > https://www.ncvo.org.uk/help-and-guidance/setting-up/
> >
> >
> >
> >
> > On Sun, Oct 12, 2025 at 11:55:03AM +0100, Helen McCall wrote:
> > > Dear Paul and Julian and all,
> > >
> > > I agree with Paul that Julian's idea is a good one. Having over my
> > > long life set up various community groups/clubs, I am aware that to
> > > get a group bank account like this needs several things in place:
> > >
> > > 1) Need a legally constituted association.
> > >
> > > 2) A legally constituted association requires at least two officers
> > > as Treasurer and Chair. Other officers such as a couple of assistant
> > > Treasurers can then be added to that.
> > >
> > > 3) The association needs a (preferably simple) Constitution.
> > >
> > > 4) The Association need to have members, which might just be anyone
> > > who subscribes.
> > >
> > > 5) We need to find a bank willing to give free banking to community
> > > associations. Some do and some don't.
> >
> > Changing authorised signatories can be a REAL pain
> >
> > >
> > > The Constitution needs some vital components:
> > >
> > > a) Description with aims and objectives
> > > b) Definition of Officers of Committee
> > > c) Definition of modes of membership
> > > d) declaration of being in perpetuity
> > > e) description of how the association might be wound up and funds
> > > distributed.
> >
> >
> > >
> > 2025-10-12 14:48:13
>
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-- 
regards
Eion MacDonald
-- 
The Mailing List for the Devon & Cornwall LUG
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