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Tuesday, 1 December 2020

POSTPONEMENT OF AGM

 The executive committee has taken the decision that the Annual General Meeting will be postponed and convened at a future date due to the current restrictions in place for Covid-19. We will update the membership when the restrictions are lifted. These are exceptional circumstances and public health and safety needs to take precedence and the club committee have followed guidance from the Scottish and UK governments along with Scottish Athletics and SportsScotland. However given we will not be able to hold the AGM within our constitutional timescale we propose a resolution for the AGM when it is convened seeking the members retrospective approval of the decision to postpone the meeting. At the moment the current officials will remain in office until the postponed meeting is convened.

On behalf of the executive committee


In the meantime i will give you a brief update on our finances without putting any exact figures on here.

As you should be aware our finances have been very healthy for a number of years now and this will more than sustain us with no revenue from the trail race this year. This will cost us though. This year we have ran at a loss of approx £3000 although half of this is for new vests that ive still to apply for grant aid to support and some has been for the 50% support on membership fees we introduced a while back. As has been the case for a number of years now we will be freezing the fees for 2021 at this years rate although we will look to ratify this when we do have the AGM. For those that have paid full fees this year this will mean next years will be 50% and for those that paid 50% this year this will mean next years is full cost. Anyone in between i will let you know. I will let everyone know individually before the end of December what credit they are carrying into next year. This will cost us approx £3000 from next years accounts but again we can more than cover this so no need for any worries.

If anyone has any questions on this or dont quite understand it please drop me a direct message and i will get you an answer.


Russell

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