MB Test - vcghonline

The Velo Club of Godalming + Haslemere Limited (VCGH or the Club) is a private company limited by guarantee. This is an alternative type of corporation used for non-profit organisations.

VCGH does not have a share capital or shareholders, but instead has members who act as guarantors. The guarantors (The Members) have given an undertaking to contribute a pound in the event of the winding up of the company. This guarantee was given when members signed the Membership Application Form on joining the club.

VCGH is bound by a set of Club Rules which together with the Articles and Memorandum of Association form the governing documents of the Club.

The Club is managed by a Board of Directors who are elected by the membership at the Annual General Meeting held once a year in Jan Feb or Mar. The directors together with members that they choose to appoint form the Organising Committee. The Organising Committee runs the club on a day to day basis. The Board of Directors together with the Organising Committee are responsible to the members for the fair and proper running of the Club.