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NOBS ACCOUNTS 30.6.2008
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admin
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Joined: 25 Sep 2008
Posts: 380

PostPosted: Mon Dec 22, 2008 2:55 pm    Post subject: NOBS ACCOUNTS 30.6.2008 Reply with quote

To save all you people who would like to see the accounts but dont know how I have downloaded the information from Companies House and attach it here

Click to download file


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admin
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PostPosted: Mon Dec 22, 2008 3:05 pm    Post subject: Reply with quote

Page 8 gives a breakdown of income and expenditure- no membership income figure is shown but there cannot be 9,000 paid up members and but for sponsorship the income would be down on last years figure.
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moaning minnie



Joined: 04 Dec 2008
Posts: 8

PostPosted: Mon Dec 22, 2008 3:31 pm    Post subject: Reply with quote

What the hell is nearly £10k 'computer costs'?  No wonder they are starting charging for the Forum!
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PostPosted: Tue Dec 23, 2008 5:46 am    Post subject: Reply with quote

I have heard that it is software and hardware supplied by a "friend" - seems excessive when you can buy state of the art pcs for less than £500 and lots of software, some even better than commercial ones, is available as freeware or shareware.
A lot of people dont even appear to be rcordede properly in any case.
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Cllr Carling



Joined: 03 Oct 2008
Posts: 45

PostPosted: Tue Dec 23, 2008 10:39 am    Post subject: Reply with quote

There is no way that £10K on computer costs is for real. Not even with vast bandwidth to run the site & forum.

As the blind irish musician once said "I know there's a fiddle round here somewhere"

Are the acounts, or at least a link to them, published on the NOB's website? I'm pretty sure I can answer that question without looking!!

Enron, Hollinger International, NOB's..........spot the connection!!
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admin
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PostPosted: Tue Dec 23, 2008 1:34 pm    Post subject: Reply with quote

Every time I asked about publishing the accounts on NOBS Forum I was told to get them from Companies House which costs a small fee.
To avoid every NOBS mmenber having to pay for what is surely their right as they pay membership fees I have, and will continue to publish them here.
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PostPosted: Tue Dec 23, 2008 1:49 pm    Post subject: Incorporation documents Reply with quote

The memo and Articles of association do not state that the company is to connect beaters and shoots etc it is a " General Trading Company" -one shareholder- the company Secretary.
Page 7 is interesting


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moaning minnie



Joined: 04 Dec 2008
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PostPosted: Tue Dec 23, 2008 1:57 pm    Post subject: Reply with quote

So it is a company owned/run by Mrs Chapman Jones and her husband?  Who are they?  I thought it was Mark Elliott's brainchild, or am I not keeping up.
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PostPosted: Wed Dec 24, 2008 6:15 am    Post subject: Reply with quote

It is a limited company and is run by a Board Of Directors- they are detailed in the report section-mr Chapman is a witness to his wifes signature and is not a Director, she is company secretary and a Director.
Additionally on July 23rd and August 15th 2008, Nicholas Charles Fowler and Kay Maria Watson were appointed as directors respectively.
I havent a clue who they are and who appointed them - the fee paying members are never informed by the Board which stays in the background.
I believe that as the single shareholder Mrs Chapman Jones is entitled to any residue after debts are settled if the company is wound up.
I believe that there is nothing untoward with the management at all just that the membership is not informed of the structure of the company- many believe it is a Charity- and the people who pay subs have no say in management at all. The accounts etc are not circulated to members as most other organisations do but are available for a fee- which I have paid- from Companies House. As Cllr Carling has pointed out, the required Annual return is overdue.
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Cllr Carling



Joined: 03 Oct 2008
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PostPosted: Wed Dec 24, 2008 12:55 pm    Post subject: Reply with quote

I have coppied the following from another topic which may help people    understand the situation:

I too, was rather taken aback with the choice of President. I can see the reasons behind it when the company 1st started, he was a high-profile supporter of field sports etc etc.

However, the actual input from said chap was minimal to say the least. As for the current band of Directors, I would guess that as there is only 1 shareholder, it is he/she who has the authority to apoint /remove directors. The fee-paying "members" are, by all accounts, no more than "customers" of the Company and it's business.                                

This is the (important) difference between NOB's and say the BASC.

NOB's is a Limited Company trying to portray itself as a charity. As such, it is out to make a proffit (as many charitys do) It does this in a number of ways, the most obvious being the .org in its address.

I know of few other companies that activley seek sponsership to generate funds for operation. I would hazzard a guess that sponsership is regarded as Commercial Advertising, but called sponsership to avoid a tax liability on profit from commercial activity.

I can relate the difference even further and in an easy form to demonstrate the above points:

A Yacht Club may not be a charity but a commercial enterprise, with paid staff and fee-paying members. However, the fee paying members are responsible for and have a duty to, elect a Management Committee (Flag Officers etc) who will run the club on behalf of the membership. The Club employs a number of staff who are resposible for the day-to-day operation of the business, but only under the direction of the policy laid down by the current committee. ADDED: As a business, they aim to make a profit that is re-invested into the Yacht Club and no profit or dividend is taken by the members.

NOB's is a commercial enterprise, who's aim is to make a profit. They charge "members" to use the forum as a portal for gaining work. The board of directors is not responsible to its members as its members are customers and therfore have no say in the operation or election of the directors or how the business is run.

ADDED: The important bit in the above paragraph is that the Members (Customers) have no say in the operation of the business.

Groups like the NGO ask their members to elect the Officers (effectivley Directors for the period of office) to run said organisation in a fit and proper manner and the officers are elected at an AGM.

As NOB's is a business, this will not happen. Having said that, there is a requirement for the Directors of any Limited Company (which NOB's is) to hold a shareholders meeting and present an annual report for the shareholders. As I have said above, none of the persons paying fees are classed as members, as they have no input into the running of the company, so no annual report is published to these people.

As there is only 1 shareholder, (and I find this a bit suspect, as I thought that no one person could hold 100% of the shares, so as to prevent the company being run in an un professional manner) the annual meeting will be held this year in the phone box on the corner of the high street. And there will be alot of space available!



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Fights Started, Women Cheated, Governments Bribed, Wars Induced, Beer Drunk, Cars Crashed, Asylum Seekers Shot.
Competative Rates For Single Ladies Under 25 (no fat birds please)
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