Annual General Meeting, 29th June 2004
Venue: Raith Suite, Starks Park, Kirkcaldy
Board Members Present: George Howie, James Proctor , Collas Pilmer, Chris McFarlane, John Mainland, Alan Russell
Apologies (Board Members): Eddie Doig, Neil Langtree, Tom Phillips
Members Present: 17
Apologies
14 members sent proxies to the chair, 3 members gave proxies to other people who attended on their behalf and 2 members sent apologies.
Results of Election of Trust Board
Tom Phillips and Neil Langtree were unanimously re-elected to the Board.
Financial Results
Explained that the 9 month set of accounts presented were to bring us up to our year end of 31 December 2003.
Accounts were passed unanimously
Appointment of Auditors
McKenzie & Co had been willing to do the job for a smaller fee than previous auditors.
Proposal to retain McKenzie & Co passed unanimously
Review of the Season
Ground had been sold and club ownership had changed hands
Work on Sub committee was ongoing
Jim Macnamara had volunteered to act as a fans rep
A joint committee was working on issues for League Cup 10th anniversary celebrations
Meeting suspended to allow discussion with George Gemmill, Paquito and John Drysdale about the Youth Development plans
Membership fees of the Trust
Advised to give payment options and flexibility on any membership form
Proposal 1: Carried with 1 Against and 3 Abstentions
Proposal 2: Carried with 5 Against and 4 Abstentions
Proposal 3: Carried unanimously
Proposal 4: Carried with 11 Against and 1 Abstention
Work will begin immediately to carry out these proposals in time for the early part of the new season.
Trust’s share rights
Advised that any share purchase should result in the Youth Development “benefiting to the full amount”
Initial vote to buy shares carried unanimously
Straight vote was taken between Proposal 5 and Proposal 6.
Proposal 5: 5 votes
Proposal 6: Carried by majority
Meeting was advised by John Drysdale in his capacity as Community and Commercial Manager that accounts of the Youth Development scheme would be available for inspection by the Trust Board.
Altering Date of Year End
Proposal 7: Carried Unanimously
Future Plans
Business Plan for the club had been given an overhaul and there are now five year projections available with variance for expected, best & worst case scenarios.
A 5-a-side tournament was being planned around football’s Anti-Racism week in October.
Mike Melville indicated a willingness to get involved with organising a consultation event.
