the money we have raised has
enabled us to purchase a new painting of
Prince Michael of Kent for the Centre
Application Form for 2017/2018
HOUSE 500 CLUB
To provide a trust fund to raise monies to maintain and improve
facilities at Western House for the benefit and comfort of all
members who currently use the centre. The monies will be used
for such cases which are not currently budgeted for by the centre
The club will have a Chairman, Treasurer and a Secretary. Representatives
or Publicity Reps, the number to be determined and what exactly
would be required of them. It is hoped that each Lodge/Chapter
based at the centre would appoint a representative to promote
the aims of the club.
and dates of draws
It is proposed that there be three draws per annum. The first
to take place at the end of May, the second in September and the
third in December. The timing of the first draw would give a four
month window to sell shares for the first and subsequent years,
as shares could still be sold up to a week before the first draw
of the year takes place. The draws would take place publically
in the bar at the centre, and overseen by two independent adjudicators,
one preferably being a member of the Centre Committee.
The name 500 club does not relate to the number of shares which
can be allocated by the Club. There will be no limit on the number
of shares which can be issued.
It is proposed that the cost of each share is to be £20
per annum. There will be no limit on the number of shares held
by any individual. Shares can be purchased by members for their
family and friends as long as they are over the age of 16.
of funds collected
50% of all monies raised by share sales will be placed in the
prize fund. The remaining 50% less expenses such as stationary,
advertising, postage etc, will be placed in a fund to be used
as stated in the aims.
The number and amounts of prizes will be published one week before
the first draw of the year.
of the club
It would be very useful for the club to have a designated area
in the bar to place a well designed laminated poster of A3 size,
or larger, which would promote the club and could be updated with
total prize monies on a regular basis. Application forms for shares
would also be readily available in the bar area.
Application forms along with cheques to be sent to the Treasurer
or Secretary who would allocate share numbers accordingly. Forms
and cheques or cash could be taken by the bar and an official
receipt for the money would be provided. Forms and money received
at the bar will be collected by designated Trustees and would
have to be signed for accordingly. In future years it is hoped
that shareholders would purchase shares annually by standing order.
and allocation of trust funds
Accounts would be prepared on an annual basis. The allocation
of funds would be decided by the club.
A bank account will be opened and any cheques issued would require
two authorised signatories.
The Club is registered with the Local Authority.
A list of club rules should be available for all shareholders
and based simply on the above.