PHILIP WILLS MEMORIAL FUND QUESTIONNAIRE TO BE COMPLETED BY CLUBS APPLYING FOR A LOAN Club Name: ……………………………………………………………………………………… Your Name: ……………………………………………………………………………………… Correspondence Address: …………………………………………………………………… ……………………………………………………………………………………………………… Contact Telephone Number: Day ……………………………………………………………. Evening ……………………………………………………………. Your appointment at the Club …………………………………………………..................... Please feel free to attach separate sheets if that helps to present the information more clearly, but please refer to the questions which must be answered. PROPOSED EXPENDITURE 1. What is the purpose of the proposed expenditure? Please show how it will benefit the club. (Attach any plans which have been prepared). 2. What is the total amount of the proposed expenditure? 3. What is the total amount your club wishes to borrow from the ‘Philip Wills fund’? 4. How is it proposed that the balance of the proposed expenditure should be met? If the balance is to be provided by borrowing elsewhere, please give particulars of the proposed loans (see Para 16 for an indication of the information required). 5. What could your club provide by ways of security for loan from the fund (e.g. charge on land and buildings, or on gliders/equipment, or personal guarantees from members or others)? SITE 6. Location of clubs proposed site……………………………………………………… 7. Address of Clubs present site………………………………………........................ 8. Does the club own the freehold? ……………………………………………………. 9. If not, does it have a lease, and what is the expiry date? ..................................... 10. What is the annual rent, if any? ............................................................................. 11. Is there any agreement concerning the renewal of an existing lease when it expires? ............................................................................................................................... 12. If the club has any option at any time to purchase the freehold, give particulars …………………………………………………………………………………………… 13. If your club does not own the freehold and does not have a lease, supply details of basis upon which the site is occupied giving a clear indication as to the likelihood or otherwise of its being able to continue in occupation. …………………………………………………………………………………………… 14. Does the site comply with the BGA recommendations on minimum sites? FINANCIAL SITUATION 15. Please submit a copy of the last audited accounts. 16. In respect of each existing mortgage, debentures, or another loan agreement, give the following information on a separate sheet: a) The Amount owing. b) The rate of interest payable c) The due date or dates for repayment and the amounts payable on such date d) Particulars of the asset on which the borrowing is secured e) The nature of the arrangement securing the repayment of the loan e.g., fixed debenture, floating debenture mortgage, etc. f) State the amount of any bank overdraft, the date at which this was the amount of the overdraft, and give particulars as indicated above. 17. Submit a budget taking into account any loan from the Philip Wills Memorial Fund showing how the club proposed to meet its obligations, (normally any loan from the Fund will be expected to be repaid over a small number of years, and will carry interest at a reasonable rate). CAPITAL STRUCTURE & CONSTITUTION 18. Is your club constituted as a limited company under the companies Act? If so: a) Is it limited by shares or guarantee? ...................................................................... b) If by shares, state amount paid up ………………………………………………….. c) If by guarantee state amount guaranteed…………………………………………... 19. Is your club constituted as a limited company under the Industrial Provident and Friendly Societies Act? .......................................................................................... If so what was the amount paid-up share capital at the last accounting date? ……………………………………………………………………………………………. 20. Submit a copy of the Memorandum & Articles of Association (if incorporated under the companies Acts), a copy of the rules (if constituted under the Industrial Provident & Friendly Societies Acts) and any additional club rules such as other document as sets out the rules for the regulation of the club’s affairs. 21. Which clause or rule of your Articles, Rules, Regulations, etc. deals with the termination of the club’s existence by liquidation or otherwise? …………………………………………………………………………………………….. 22. Which clause of your constitution etc. deals with the distribution of assets at the end of the clubs existence? …………………………………………………………………………………………….. GENERAL 23. If your club is involved in any litigation, please give particulars. …………………………………………………………………………………………….. 24. What is the current number of full members? ……………… (give date)………….. 25. What are the subscription rates? ……………………………………………………… 26. Give any other information which you may think will be of use to the Trustees of the Philip Wills Memorial Fund This application has been completed on behalf the named club. I additionally enclose as required;  A copy of the Articles/Rules  The most recent audited annual accounts  A budget showing how the club proposes to meet the financial obligations  Names of members prepared to act jointly or severally as guarantors for the loan if granted, including their bank address and account numbers  Details of mortgage, debenture or any other loan agreement Signed: Date: