Included in the Notice of the AGM on 25 February sent out recently we
advised that The Trust's current Directors would not be standing for
re-election at the AGM and therefore a new Board would need to be
elected for the Trust to continue. Supporters had until 29th January
2015 to put themselves forward to stand for election.
Unfortunately no one has come forward and therefore the Trust will
become dormant by default.
I have spoken to Supporters Direct (who oversee all Supporters' Trusts)
who confirmed that it is very difficult to dissolve (wind-up) a Trust
(not least the requirement to get at least 166 out of the 221 members to
physically sign a dissolution form). Furthermore a dissolved Trust could
not be re-opened in the future. Therefore the current Board will not be
proposing that the Trust be dissolved.
So as at 25 February the Trust will become dormant by default but remain
a legal entity should anyone wish to take over in the future. The
remaining funds will remain in the Trust account and be used to retain
the Trust's legal status by continuing with FCA and SD registrations and
payment of fees for the official business address. Correspondence with
HMRC will also be dealt with (joy).
The Trust no longer operating will not impact on the Back 2 Barnet
Campaign which will continue as a stand alone campaign with its own bank
account and website at www.back2barnet.co.uk.
I will send out the AGM papers, including the report and accounts, next
In the meantime if you have any questions please contact me at