Dear REYC Member,
You will recall that at the last AGM, we set in motion a review of our Club’s Governance. We did this as after a number of particularly successful years, the club is now nearing the financial turnover limit permitted as an Excepted Charity under the umbrella of the MoD, and that we can no longer expect Trustees to carry personal liability for the Club and its activities.
I offer for your consideration the Final Report that captures the Governance Review Team’s considerable research and detailed option analysis. It also makes the recommendation that the REYC changes from an Excepted Charity (EC) to a Charitable Incorporated Organisation (CIO).
Col Jason Hones