CASC sub-committee report. Community Amateur Sports Clubs

Similar documents
Structures for Sports Clubs

Structures for Sports Clubs

Note: Throughout this guidance we refer to HMRC detailed guidance, the CASC Regulations.

Guidelines for Hut Managers

2015 CASC Rule changes: The implications for Cricket Clubs December 2015

Introduction to the Legal Formats

Legal forms of sports organisations in the UK

GUIDANCE DOCUMENT FOR CLUBS ON RESPONDING TO THE CASC CONSULTATION

TAXREP 37/13 (ICAEWREP 105/13)

CLUB STRUCTURES 2015 A GUIDE TO CLUB STRUCTURES FOR SEMI- PROFESSIONAL AND AMATEUR SPORTS CLUBS BY CHARLES RUSSELL SPEECHLYS AND LAWINSPORT

Club Matters: Club Structures

Which? Mid Year Review From 1 July to 31 December 2015

HM Treasury consultation on legislation in draft: Corporation tax relief for expenditure on grassroots sports

BDFPA Legal Status. Club Structures. 1. Unincorporated associations 2. Company limited by shares 3. Company limited by guarantee

Expenses, Gifts & Hospitality

TEMPLATE TAX CLEARANCE LETTERS TO BE USED IN AN INCORPORATION OF A BOATING CLUB AS A COMPANY LIMITED BY GUARANTEE

RETIREMENT / PCS GIFTS BY DOD EMPLOYEES TO A SUPERIOR

CLUB STRUCTURES. A Guide to Club Structures for National League System and other Football Clubs

LEGAL STATUS GUIDANCE

Cisteoir / Treasurer

Constitution and Rules of Enniscorthy Retirement Association

SKIPTON CRICKET CLUB MEMBERSHIP APPLICATION 2018

Trustees Annual Report and Accounts for the year ended 31 March 2016

Financial Statements

ICO Gifts and Hospitality policy

CHARITABLE GIVING.

Mid-Wales Housing Group Travel and Subsistence Expenses Policy

Financial Regulations

Expenses policy. Policy Control Sheet:

MS Society Expenses Policy

TENNIS SA 6 JULY SARAH DOWDS CLUBS AUS - Melbourne

0141 Expenses and Remuneration policy

Step 2: Decide Who Might be Harmed and How. Step 3: Evaluate the Risks and Decide on Precautions. Step 4: Record Your Findings and Implement Them

Setting up and Registering as a Charity

Volunteer expenses policy

THE COMPANIES ACT 1985 Company Limited by Guarantee and Not Having a Share Capital. Memorandum of Association of THE UNION OF STUDENTS AT U.C.

CHAPTER 21 EXPENSES OF EMPLOYMENT

TAX-EXEMPT ORGANIZATIONS: EFFECTIVE GOVERNANCE AND LEGAL COMPLIANCE VICTOR J. FERGUSON SUZANNE R. GALYARDT VORYS, SATER, SEYMOUR AND PEASE LLP

MC/16/83. Methodist Independent Schools Trust Legal Structure. MC/16/83 Methodist Independent Schools Trust Legal Structure. Contact Name and Details

GLOSSARY OF TERMS USED IN FORM 990 QUESTIONNAIRE

1. Discretionary Relief for charities and non-profit making organisations

Read, Milburn & Co 71 Howard Street North Shields Tyne and Wear NE30 1AF

Velindre NHS Trusts Charitable Funds Travel and Expenses Reimbursement Policy

2020 INNOVATION. Monthly Tax Update Webinar. 20 April 2015

National Churches Trust

Statutory inquiry report: Emergency Medical Services. 23 March 2015 EMSMAR15

This guide will give you an overview of the types of expenses you can claim and how to claim them.

An Introduction to Legal Structures for 'Not-for-Profit' Organisations

Entertainment in village halls

PUBLIC LIABILITY, PROFESSIONAL INDEMNITY AND PERSONAL ACCIDENT COVER SUMMARY FOR

Each of these methods of tax efficient giving is considered in this Briefing Note.

Celtic plc Interim Report 2012

Gift Aid Tax Claim GASDS Gift Aid. The Representative Church Body Gift Aid Services to NI Parishes

Your Complete Guide to Contractor Expenses

SCHEDULE. 1 st day of November 2018 at 4.00 pm. 1) $7,500 any one event (with the exception of Platinum coverage which is $10,000 any one event}, and

Candidate spending and donations at the Local Government elections in Northern Ireland 2019

GENERAL STATEMENT OF POLICY - PRINCIPLES OF CHARGING FOR WATER SERVICES

Re-imbursements and allowances policy

Friends of Edinburgh University Library Trustees Report and Accounts for the year ended 31 July 2016

Bowls England. Civil Liability Protection. 1st April st March 2020

Tax-advantaged venture capital schemes streamlining the advance assurance service

Claiming top-up payment on Gift Aid Small Donations Scheme (GASDS) donations

Guide to Expenses.

Clare College Financial Policies and Procedures. Expenses & Benefits. 1 P a g e

CRYSTAL PALACE SUPPORTERS SOCIETY LIMITED FINANCIAL STATEMENTS FOR 31 MARCH 2012

An overview of charity campaigning & the Electoral Commission guidance

Payment for involvement in research: helpful benefit rules and systems for avoiding benefit problems

Application for Mandatory or Discretionary Rate Relief on Property Occupied by a Charitable or Voluntary Organisation

Heavers Farm Primary School Lettings Policy May 2017

OPTIONS FOR GIG ROWING CLUBS: LEGAL STRUCTURES

Ysgol Y Bont Faen Cowbridge Comprehensive School

Trustees Annual Report and Accounts for the year ended 31 March 2017

VAT GUIDE FOR CLUBS CONTENTS PAGE. 1. Introduction. 2. How VAT works. 3. VAT registration and deregistration VAT on income 3

Location of the charity. Gift Aid. Making a declaration. Membership subscriptions through Gift Aid. Simplification of Gift Aid donor benefit rules

Fixed Expense Model. A Guide to the Expense Allocation Process

The Trustees are pleased to present their report on the activities of the charity for the year ended 31 December 2017.

Staff Expenses Policy

OfS guidance on hospitality, gifts, fees and awards

Discretionary Rates Relief Policy

TRAVEL AND SUBSISTENCE POLICY FOR THE PCC

Orange Genie Cover Limited BUSINESS EXPENSES POLICY

Expenses Policy. Review Summary. Adopted: March 2017

Frequently Asked Questions - Charities

THE BROMLEY HOMELESS SHELTER TRUSTEES REPORT AND ACCOUNTS YEAR ENDED 30 JUNE 2016

Page: FUNDRAISING GENERAL POLICY

Charity Incorporation

Accruals accounts. How to prepare accruals accounts and the trustees annual report

What's it like? What does the jump involve?

Charity Retail Association campaign pack. Responding to the Charity Tax Commission s call for evidence

Charity Tax Group Budget Submission January 2017

Filleigh Village Hall

Travel, Subsistence and Expenses Policy

CRYSTAL PALACE SUPPORTERS SOCIETY LIMITED FINANCIAL STATEMENTS FOR 31 MARCH 2014

Managing charity assets and resources

THIRD PARTY INTEREST IN PLAYERS REGULATIONS

Attachment to November 20, 2001 Letter from the Solicitor General to Charity Associations, Charity Organizations, and Bingo Service Providers

Mergers of Charities

Application for membership of Sydney Zodiacs Inc. 2012/2013. The person named herein, hereby makes application for membership of Sydney Zodiacs Inc.

RASPBERRY PI FOUNDATION

New Zealand Financial Markets Conduct Bill. Comments on the draft. Introduction. About us

Transcription:

CASC sub-committee report Community Amateur Sports Clubs

Fundamental principles The Club s CASC status must not be jeopardised The Whole Club ethos must not be undermined There should be no direct financial payment to individual players

"To identify a business model for BSRFC that will allow it to sustain 1 st XV playing to at least Level 4 standard and which is acceptable to the majority of those members present at the Club's AGM in 2015.

Ordinary CASC Benefits The provision of sporting facilities The reasonable provision & maintenance of club owned sports equipment The provision of suitably qualified coaches Provision or reimbursement of the costs of coaching courses Provision of insurance cover Provision of medical treatment The provision, or reimbursement of reasonable travel expenses incurred by players & officials travelling to AWAY matches The reasonable provision of post-match refreshments for players and match officials The sale or supply of food or drink as a social benefit which arises incidentally from the sporting purposes of the club

2013 Finance Act Changes (July 2014) Clubs allowed to pay a maximum of 10,000 a year to squad members for expenses etc (i.e. not ordinary CASC benefits) with no limit on the number of players paid. Ordinary benefit regarding away travel extended to games where the time spent travelling in each direction is 2 hours or more Clubs can pay appropriate and reasonable subsistence costs Clubs can reimburse reasonable overnight expenses

Trading income limits are well below what we currently achieve especially if (as we think necessary) all or some sponsorship is included. CASC Clubs are not meant to be mainly social or commercial and under the new rules there will be a limit on income from trading and property of 100,000 a year for a CASC Participation rule - at least 50% of CASC members must be playing the sport. All such participating members must play at least 12 separate times a year, which averages just once a month CASC s can only pay away travel expenses The new CASC limit of 10k on payments to players is barely enough to cover legitimate, i.e. away travelling and subsistence expenses for players CASC guidelines will require us to monitor the 50% participation

In Summary: The burdens on our volunteers who are already stretched in terms of record keeping would be intolerable The proposed CASC restrictions on permissible and impermissible expenditure would mean that we could not continue to sustain a 1 st XV campaign at our level, let alone the next level above

What choice is open to us? None! We simply have to change The changes we are proposing are entirely logical...

On dissolution of a CASC all its net assets must be applied to approved sporting and charitable purposes (Clause 27 of our existing Rules) and which the Trustees consider and propose to be appropriate and reasonable Therefore any new structure for the Club has to be a charity The choice of charitable entity is either a Charitable Incorporated Organisation or a.. Charitable Company Limited by Guarantee ( CCLG )

A Charitable Club can have non-playing members if they fall into one of the following categories: Volunteers and helpers who assist with running the club; Supporters who help the club raise funds and provide a pool from which the volunteers are drawn; Parents of junior members; People who still wish to be associated with the club but for reasons of age or ill health are no longer able to play

So what is the trading subsidiary going to do? It will not hold any assets of the Club these will be transferred from the CAASC to the CCLG It will operate, under licence from the CCLG, all the trading income activities of the Club It will not collect subs or charitable donations these must go to the CCLG, i.e. the Club, as at present It must make a profit: the Club cannot subsidise the subsidiary and any profit made will be paid to the Club It will operate under the strict supervision of the CCLG Board

It s Important to Remember The proposition is not before this SGM and you are NOT being asked to make a decision here and now The process we are undertaking is a rigorous one and the administration involved is considerable The changes we are proposing may be difficult for some members but they represent the only logical step that we can take as a CASC

It s Also Important to Remember The ONLY motivation for effecting change is to ensure that the Club preserves the benefits it currently derives from having CASC status whilst maintaining its One Club ethos and supporting the ambitions of its most talented pool of players to compete at the highest level they are capable of playing and which also enhances the reputation of the Club in the community Doing nothing is not an option as it will restrict our spending to increasingly rigid CASC / HMRC limits and record keeping requirements. This will also have a detrimental impact on what we can do to support our 1st XV

The Resolutions Sought Are:

Approval to continue the work necessary in order to allow the Club to convert from a CASC to a Charitable Company Limited by Guarantee (CCLG) Approval to establish with immediate effect a CCLG to be approved by the Charity Commissioners and a separate trading company which will become a wholly owned subsidiary of that CCLG once the CCLG is established To appoint 6 Directors for the CCLG namely Mr Perry Oliver, Mr Len Lindop, Mr Richard Norden, Mr Peter Scarlett, Mr Colin Tilley and Mr Charles Dunsford To appoint the first 2 Directors for the CCLG s trading subsidiary namely Mr Perry Oliver and Mr Len Lindop To agree to a delay in submitting accounts for the existing Club for the financial year ending May 2015 until the date when the CASC is dissolved and all its assets are transferred to the CCLG

Any questions or comments?