Advertise on CBF

Author Topic: Registering as a charity  (Read 2785 times)

0 Members and 1 Guest are viewing this topic.

Kevtheplumber

  • First XI Captain
  • ***
  • Offline Offline
  • Posts: 232
  • Trade Count: (0)
    • K Fisk Plumbing & Heating Ltd
Registering as a charity
« on: January 28, 2016, 04:04:47 PM »

Is anyones club registered as a charity and if so is the benefit worth it?
Thank you
Logged
Twitter @kfiskplumbing
           @KimboltonCC

arsenal123

  • County 1st XI
  • ***
  • Offline Offline
  • Posts: 591
  • Trade Count: (0)
Re: Registering as a charity
« Reply #1 on: January 28, 2016, 05:23:38 PM »

If churches are seen as charities then cricket clubs should be seen as such too.

After all, cricket is my religion.   ;)
Logged

jamielsn15

  • International Captain
  • ****
  • Offline Offline
  • Posts: 1400
  • Trade Count: (+5)
Re: Registering as a charity
« Reply #2 on: January 28, 2016, 06:48:10 PM »

Has the obvious VAT benefits if you're purchasing equipment or developing the ground and facilities. Google CASC for full details. Very individual for clubs dependent on situation, as it can also be a hindrance.

Also look at community interest club status, as there may be benefits around asset locking for your club...
Logged
"The more I practice the luckier I get..."

Kevtheplumber

  • First XI Captain
  • ***
  • Offline Offline
  • Posts: 232
  • Trade Count: (0)
    • K Fisk Plumbing & Heating Ltd
Re: Registering as a charity
« Reply #3 on: January 28, 2016, 07:37:35 PM »

Thanks I've looked at casc but from what I've read it has to provide use for more than one sport which we don't. We are in process of net overhaul to tune of 25k so wonder if that vat could be saved
Logged
Twitter @kfiskplumbing
           @KimboltonCC

Seniorplayer

  • Forum Legend
  • ******
  • Offline Offline
  • Posts: 6236
  • Trade Count: (0)
Re: Registering as a charity
« Reply #4 on: January 28, 2016, 08:36:14 PM »

I was Treasurer  for a club which was registered as a charity the ground was council owned and the only bill  we had to pAy to the council due to the club being registered as a charity was nominal ground rent.
Also being a charity helped me get the  club get a 50.000 grant for two ready built changing rooms ground equipment and a 20.000 perimeter fence.
Logged

Kevtheplumber

  • First XI Captain
  • ***
  • Offline Offline
  • Posts: 232
  • Trade Count: (0)
    • K Fisk Plumbing & Heating Ltd
Re: Registering as a charity
« Reply #5 on: January 28, 2016, 10:15:11 PM »

So would ground maintainance like new nets etc be vat exempt?
Logged
Twitter @kfiskplumbing
           @KimboltonCC
 

Advertise on CBF