PCDT Becomes a SCIO
Following the proposal on the 13th March 2021, and the resultant successful application to the Charity Regulator, we are pleased to announce the PCDT had become s Scottish Charities Incorporated Organisation (SCIO). This is a change of legal form but our objectives (now called “purposes”) remain essentially the same.The Articles of Association have been changed to a SCIO Constitution and rather than have a Board of Directors we now have a Board of Trustees. Both legal forms follow the model template produced by Development Trust Associated of Scotland (DTAS) and apart from the nomenclature changes are almost identical, both set out the same limits on Directors/Trustees Powers and offer the same protections for members.
• Independent, aiming for self-sufficiency and not for private profit.
• Engaged in the economic, environmental, and social regeneration of Portpatrick and surrounding area.
• Community based, owned and managed by the members.
• Actively involved in partnerships and alliances between the community, voluntary, private and public sectors.
Newsletter No 13
Members Ballot – Conversion to SCIO
PCDT is an incorporated organisation. As a Development Trust our stated aims and objectives included the provision of social and community facilities, supporting local environment initiatives, supporting local heritage and cultural improvements, youth development and providing support to local people, groups and businesses.
Having taken advice PCDT Board are of the opinion that the benefits of being a SCIO outweigh any potential disadvantages and are unanimously recommending to members a proposal to convert to a SCIO. It is however important to note that this is a one-way opportunity. A limited company can convert to a SCIO but a SCIO cannot convert back to a company, it would have to be dissolved.
You can read about the proposal and if you are a full member of PCDT then you can vote here.
Newsletter No 11
Family & Friends 100 Club
We are pleased to announce that the first family and friends 100 Club draw took place on 25th January,
Winning Number No 83. – Drawn January 25th 17:54
The first prize was £57.00 We have contacted the winner who as asked that the prize be donated to Euan’s Playspace.