FULL TEXT OF CHAIRMAN'S APPEAL 2012 is here: www.charitychoice.co.uk/failand-and-portbury-cricket-club-176596
2nd April 2012
Dear Players, Former Players, Friends & Supporters Generally of Amateur Community Sport
Failand & Portbury Cricket Club: Urgent appeal for £50,000 towards a good cause
PLEASE
Last year was marked a major development for our village cricket club - the acquisition of surrounding land which has enabled us to invest in making the ground fit for good standard club cricket, without losing any of its rural charm and character. What other grounds incorporate an historic oak tree, with other centuries-old oaks round the boundary?
The land, which was part of The Michallat Estate became available at very short notice, and it had to be bought by ?Perimeter Enterprises?, set up and funded for just that purpose by a small group of Club members with short-term loans - necessary because the Club simply did not have the funds required.
The Management Committee (as elected by Club members at AGM) have now authorised the Club to purchase the land. The cost involved is just under £50,000. We have secured a low-interest 5 year loan of £10,000 from The Somerset Playing Fields Association, and have definite promises of donations or long term loans for a further £15,000 from a small number of Club members.
Our intention is to exchange contracts on the land by the end of April 2012, so we need as much as possible of the remaining £25,000 in place as soon as possible. To that end, we are seeking donations (or offers of loans) to help us towards that target.
As a registered charity, we can take advantage of Gift Aid, which enables us to gross up donations from taxpayers by another 25% (and higher rate taxpayers can themselves get tax relief at 20% or 30% in addition).
When a donation is made, the tax is reclaimed by the recipient charity and also (if a higher rate tax payer) the donor. If you are a standard rate taxpayer and are able to make a Gift Aid declaration, the recipient charity can claim back the tax, at the standard rate, on your donation. If you are a higher or highest rate tax payer, in addition to the charity reclaiming tax at the standard rate, in your tax return you may reclaim any additional tax that you have paid.
The Benefit to The Charity and the Cost to the Donor
Here is a breakdown of the costs of making a gift of £100 at the three different levels of tax:
Donation Made | Gross Amount The Charity receives after Gift Aid | Tax Relief through Donor?s Tax Return | Effective Cost to Donor | ||
20% taxpayer | £80 | £100 | £80 | ||
40% taxpayer | £80 | £100 | £20 | £60 | |
50% taxpayer | £80 | £100 | £30 | £50 | |
If you want to help, and can afford to, we really need your help. Please let me know as soon as possible. Just give me a ring on 01761 463 881 or reply by email to dickcricket@gmail.com. I will of course treat our conversation in total confidence!
This project is for the long term, so pledges of future support would also be most welcome. And looking (I hope) a really long way ahead, for those who are thinking of making (or updating) their will, do please remember Failand & Portbury Cricket Club ? the 2011 Budget introduced some extra incentives for those wishing to make donations in this way.
The new land has made an enormous difference to the current facilities and future potential of the club. Raising the money to buy the land will put us in a really secure and advantageous position going forward - few other clubs own their ground freehold, let alone one of our quality. We believe the development also sustains our cricket club?s place in the community, and helps us maintain the unique quality of the local environment for the benefit not just of a few members but for all.
It?s a lovely setting, a friendly club, and visitors, well-wishers & neighbours will always be welcome.
If you are in a position to help us now, please do. We would be more than grateful.
For more information go to FULL TEXT OF CHAIRMAN'S APPEAL 2012 at www.charitychoice.co.uk/failand-and-portbury-cricket-club-176596
Best wishes and I hope you can help us.
Dick Whittington
Chairman
Failand & Portbury CC
Horse Race Lane
Lower Failand
North Somerset BS8 3SS
Tel: 01761 463 881
PLEASE
PLEASE help by forwarding this email to any Friends & Supporters Generally of Amateur Community Sport who you think might be able to support us
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