GBSport | Latest Posts
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Bookkeeping, Coach, Latest, Self-Employment, Tax / 09.03.2017

There are many benefits to being a self-employed coach - freedom to work where you want, ability to claim expenses, flexibility in the hours worked - but one issue we get asked about by coaches that causes them problems is getting a mortgage. If you are an employee, all you will need is two or three payslips and a copy of your contract of employment.    The self-employed will find it harder to get a mortgage and the interest rate charged may be higher than that for an employed person.
Club, Latest, Legal / 26.02.2017

questioniconAn unincorporated club is one that is not a corporate body, i.e. it is not a limited company or an Industrial and Provident Society.    The vast majority of clubs are unincorporated associations, run by a committee and governed by an agreed constitution. Clubs that are unincorporated associations do not exist in law and therefore cannot sign contracts.    If an unincorporated association does sign a contract, the contract will be legally valid and it will actually be the members of the committee who will have signed the contract and will be bound by contract law as to the outcome of said contract.
Club, Legal / 20.02.2017

warningiconWe are coming across a number of sports clubs whose committee members tell us that, even though their club is not a limited company, they do not have liability for the debts of the club because they have a clause in their constitution which specifically limits liability of the committee members in the event that the club cannot pay its debts.
Club, Coach, Latest, Wordpress / 12.02.2017

More websites are now accessed from mobile phones and tablets than from desktop computers so it is important that your club or coaching business website is 'responsive', i.e. it recognises that it is being viewed on a phone/tablet and automatically adjusts its layout accordingly to make it easy to navigate/view. Accessing a website that isn't responsive can be very difficult on a smart phone/tablet and many people will just give up if your website can't cater for smart devices.    If your website isn't responsive, the good news is that there are many platforms available that are automatically responsive and will also provide you with a future proof site that is easy to setup and maintain.
Latest, Marketing / 09.02.2017

thumbsupiconIt is really important to survey your members regularly to find out what the club is doing well and not so well. However, finding an easy way to do so that doesn't cost money can be difficult.     A popular online tool used by many clubs is SurveyMonkey but the free account available on this platform is limited to 100 responses, not ideal for many clubs. We recommend a free online tool called SurveyHero , which allows you to create an unlimited number of surveys with unlimited responses, free of charge!     Surveys created with SurveyHero can then be embedded in your website or emailed out to members for completion.
Club, Latest / 08.02.2017

We received the following query from a cycling club today - "Can our CASC registered club register as a charity?" A Community Amateur Sports Club (CASC) cannot directly register to become a charity but the club can deregister as a CASC and move its assets without penalty to a newly formed registered charity.
Bookkeeping, Club, Latest / 04.02.2017

It's a common scenario - a committee member doesn't know how much something is going to cost and asks fellow signatories on the club's bank account to sign a blank cheque, and the committee member will fill the amount and payee in at a later date.   It seems harmless enough but we advise all club committee members to refuse such requests to ensure they are not held to be negligible if a fraud subsequently takes place. The practice was highlighted recently when the former treasurer of a rugby club in Cornwall was jailed for 21 months for defrauding the club of more than £76,000.   The court heard that the treasurer's fellow committee members wrote blank cheques for him to use and gave him full and sole control over the bank's internet banking account.     The club was almost forced to close and is now actively fundraising to replace the stolen money.
Did You Know?, Tax / 03.02.2017

questioniconThe income generated by a not for profit sports club from its own members is not taxable. This is known as "mutual trading", as in effect the members are trading with themselves. It should therefore be noted that non-member income is taxable income. Non-member income is defined as income generated from non-members of the club (through competitions, social events, sponsorship etc.) Please note that, for tax purposes, a non-member is someone who does not have the right to vote at the club's AGM and is not a junior member of the club.
Bookkeeping, Club, Coach, Latest, News, Tax / 02.02.2017

Some VAT registered clubs and coaches who are on the Flat Rate scheme may see the amount of VAT they pay increase to 16.5% of their turnover when government changes to the flat rate scheme are imposed from 1st April 2017. The changes were announced in the Government's Autumn Statement and were introduced to counter 'misuse' of the scheme, whereby businesses were incorrectly using the wrong flat rate category.