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EGM Presentation
EGM Presentation
EGM Presentation
EGM Presentation
EGM Presentation
EGM Presentation
EGM Presentation
EGM Presentation
EGM Presentation
EGM Presentation
EGM Presentation
EGM Presentation
EGM Presentation
EGM Presentation
EGM Presentation
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EGM Presentation

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Presentation used at AdvoCard's Extraordinary General Meeting on 23 February 2011. The aim was to explain the process of becoming a limited company, prior to voting.

Presentation used at AdvoCard's Extraordinary General Meeting on 23 February 2011. The aim was to explain the process of becoming a limited company, prior to voting.

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Transcript

  • 1. Extraordinary General Meeting 23 February 2011
  • 2. Agenda <ul><li>Welcome and Apologies </li></ul><ul><li>Introduction </li></ul><ul><li>Background and Explanation </li></ul><ul><li>Questions and Answers </li></ul><ul><li>Vote </li></ul><ul><li>Tea, Coffee and Cake </li></ul>
  • 3. Apologies <ul><li>(8 names removed) </li></ul>
  • 4. Introduction Nick Gardner Convener, Management Committee
  • 5. Background and Explanation <ul><li>Why become a company? </li></ul><ul><li>What does it mean? </li></ul><ul><li>Will it affect the advocacy provided? </li></ul><ul><li>What happens next? </li></ul>
  • 6. Why become a company? <ul><li>Currently an ‘Unincorporated Association’ </li></ul><ul><li>Total legal responsibility and liability rests with volunteer management committee members </li></ul><ul><li>Management Committee members who have money and/or property are at risk </li></ul>
  • 7. Why become a company? (2) <ul><li>A limited company has a legal status of its own </li></ul><ul><li>A limited company limits personal liability to £1, if Board members act in good faith </li></ul>
  • 8. What does it mean? <ul><li>A new company will be set up with Memorandum and Articles of Association </li></ul><ul><li>All assets and liabilities of current organisation will be transferred to new company </li></ul>
  • 9. What does it mean? (2) <ul><li>Current organisation will be dissolved </li></ul><ul><li>AdvoCard (unincorporated) becomes AdvoCard (Ltd)! </li></ul>
  • 10. What does it mean? (3) <ul><li>New company will have the same aims and objectives as current organisation </li></ul><ul><li>Will do the same things as before (i.e. mental health advocacy) </li></ul>
  • 11. What does it mean? (4) <ul><li>Will need to have a register of members, who support AdvoCard </li></ul><ul><li>Will have a Board of Directors (instead of a Management Committee) who will govern </li></ul><ul><li>Staff will continue to carry out the work </li></ul><ul><li>Will need to register with Companies House </li></ul>
  • 12. Will this affect the advocacy? <ul><li>No </li></ul><ul><li>Will allow AdvoCard to recruit from a wider pool of potential board members </li></ul><ul><li>Leading to better leadership, a more effective organisation and therefore better advocacy </li></ul><ul><li>Training will be provided to Board members on their responsibilities </li></ul>
  • 13. What happens next? <ul><li>Vote </li></ul><ul><li>If approval for change is agreed: </li></ul><ul><ul><li>Register with Companies House </li></ul></ul><ul><ul><li>Transfer assets and liabilities to new company </li></ul></ul><ul><ul><li>Inform OSCR (Office of the Scottish Charity Regulator) </li></ul></ul>
  • 14. Questions and Answers
  • 15. Vote

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