Saint FM Membership Scheme

Transcription

1 Saint FM Membership Scheme SaintFM is the trading name of St Peter s Studio and Community Radio Limited. Its legal status is a company limited by guarantee and not having a share capital. The main differences between this and a standard Ltd company is that we do not have share capital or shareholders and we do not disburse profits and instead re-invest surplus funds into the running and development of the company. Directors are also protected from any financial liability. In the absence of shareholders such companies are permitted to have members. Indeed it is a legal requirement to have at least two in addition to the Directors. To enable this, SaintFM operates a Membership Scheme. The scheme affords both Volunteers and the Station a number of advantages, including: It gives presenters and volunteers a greater say and greater control over how SaintFM is managed It provides SaintFM a firmer and more stable financial footing from which to operate. It provides the opportunity for presenters to receive payment for their services This is important and affects everyone involved with SaintFM so your attention on the following is requested. The membership scheme gives proportional ownership to presenters and volunteers giving them a voice in how the station is managed. Members are represented by a single person, currently Penney MacAvoy. Subscriptions Like all clubs and societies, we need to change a subscription to members to make a contribution to our running costs (it currently costs around 10,000 per year to operate SaintFM). In order to broadcast on SaintFM, one must become a member and to become a member, you must undertake a three-month trial period and following a successful conclusion of this trial, you will be invited to become a member with the subscriptions payable as per the table on the following page.

2 Who Description Payment Frequency New presenters Joining fee One-off payment following trial period Presenters under the age of 18 Presenters under the age of 18 at the 1 st March each year. Free Free Presenters in full time education Presenters in receipt of employment limiting benefits Non-regular presenters Retired people Regular presenters Presenters over the age of 18 but in full time education. This includes those receiving Job Seekers allowance or disability benefits Anybody who presents less than 18 shows per year Those retired from full time work. Anybody who presents more than two shows per calendar month. This includes co-hosts Monthly 5.00 Monthly 5.00 Monthly (Voluntary payment) Monthly If you have genuine reason why you are unable to pay these amounts, please speak in confidence to the Chairman.

3 Benefits The membership scheme has been developed to provide the opportunity for each subscribing member to receive payments along the following lines: Please note: Annual Honorarium At the end of each year, we will assess our accounts and consider if we have cash surplus to requirements to cover the next 12 months operating overhead. If we find that we do, 50% of the surplus will be distributed to subscribing presenters in the form of an honorarium payment. The amount each presenters receives will be based upon the number of live and/or unique single broadcast shows each presenter has delivered as well as the number of roadshow and events each presenter attends in a supporting capacity over the previous 12 months. The maximum amount paid per presenter will be 500 per annum. Show sponsorship Presenters are free to pursue and secure commercial sponsorship for their shows and retain 50% of the value of this sponsorship. Details regarding the scope and nature of show sponsorship can be obtained from the Management Committee. a. Payment to presenters is not guaranteed b. Any payments made will be in full and it will be the responsibility of the presenter to make arrangements regarding their own tax liabilities c. The number of shows a presenter broadcasts will be drawn from the computer logs of the broadcast computers so it is important that you log in and out when presenting your shows d. Only those presenters that pay a subscription fee will be entitled to receive any payment or retain a share of show-sponsorship income. Non-payment of subscriptions Should a presenter fail to make their monthly subscription payment, an will be sent to the presenter address alerting them to non-payment and requesting payment be made within two working days. If no payment is forthcoming after this time, their login details will be locked and they will not be permitted to broadcast any show until all outstanding subscription payments have been made. Should payment remain outstanding for two calendar months, the presenter will be removed from SaintFM.

4 How to pay your subscription fee Please note that payments are only due following the successful completion of a threemonth trial period. Payment can be made in one of two ways: 1. Cheque or cash payment for one year s subscription or the remainder of the year up to 31 st January each year, 2. Standing order paid monthly. Please complete the form included in this pack and hand to you bank. Regardless of the method of payment, please complete and return the Membership Application Form that you ll find below You can pay by cash or cheque. Cheques should be made payable to St Peter s Studio and Community Radio Limited. We recommend not sending cash via the post. Online banking If you use online banking, you can set up a standing order using the following details: Account name: St Peter s Studio and Community Radio Limited. Bank: Barclays Bank, Burnham on Crouch Branch Account Sort Code

5 Standing Order: use this form to set up a standing order to pay your subscription fees: To (your bank)... At (address of branch) Please pay: For the credit of: Account name: St Peter s Studio and Community Radio Limited. Bank: Barclays Bank, Burnham on Crouch Branch Account Sort Code The sum of: (in figures)... (in words)... Commencing (Date) and thereafter Monthly until further notice. Please debit my account accordingly: sort code - - a/c No. Name of account to be debited (your account)... Name:... Signature:... Address:... Signature:... For joint a/cs where both signatures are requested Post code:... Date:...

6 Application to become a member of St Peter s Studio and Community Radio Limited (SaintFM). I, the undersigned wish to become a member of SaintFM. I agree to be bound by the conditions and terms of membership. Furthermore, I understand that my membership will be renewed annually, automatically until such time I provide written intent to leave where upon I shall provide one full calendar month s notice. Name: Address: Post Code: Signature: Date: Membership type Subscription fee Tick as appropriate Presenters under the age of 18 Free Presenters in full time education 5.00 Presenters in receipt of benefits 5.00 Non-regular presenters 5.00 Regular presenters 9.00 Payment method (Please tick as appropriate) Lump sum Standing order (Arranged via online banking) Standing order (Arranged via form) Please complete and return this form to: Ian Crisp SaintFM Orminston Rivers Academy Southminster Road Burnham on Crouch, Essex CM0 8QB

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