Shirehampton Public Hall Goes Forward with New Company
The meeting to dissolve the Association at Shirehampton Public Hall, Station Road on Tuesday the 21st of March 2006 went ahead with plenty of local people who were eligible to vote present. As per the Agenda which was published in the March edition of Shire the meeting voted in favour of the Association (registered charity number 1013520) dissolving, by a unanimous vote. Everyone agreed that becoming a Company by Limited Guarantee was the best way forward to secure the future of the Public Hall.
The committee will transfer all assets and liabilities to the new company which has the charity number 1112459 and has the same trustees as the previous association had and the same charitable objects. Being a Company by Limited Guarantee means that it has no shareholders and pays no dividends. All of its assets must be used for charitable purposes.
David Thomas, the Association Chairman said 'I am pleased this vote has been taken and will again reassure everyone that there is no threat to the Public Hall or any of the activities which take place in it. The conversion to a company has given us a structure which is much more suitable for holding a lease than the previous one. We believe that the Company structure will help us to ensure that the hall enters its second century of service to local residents on a firm basis.
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