Racing for Maggie’s Partnership Application Form I would like to purchase share(s) in the Racing for Maggie’s Partnership. I confirm I would like to pay for my share in full at a discounted cost of £6295*. □ Alternatively the share can be paid via a £2995 deposit and then nineteen monthly instalments of £189 from October 2016 to May 2018. I confirm I would like to pay for my share in monthly instalments (Total cost £6595).* □ *As this is a charity venture, there is a suggested donation of £250 included in the share price for Maggie’s Charity – if you consent to this contribution then please complete the gift aid declaration form on page two. Your details Title:…………. Name:…………………………………………………………………………………………………………….. Address:………………………………………………………………………………………………………………………………… ……..……………………………………………………………………………………………………………………………………….. Email:…………………………………………….. Tel:…………........................................................ I appoint the members of the two person committee; Kim Bailey and Henry Kimbell to do and execute all that may be necessary in order that Racing for Maggie’s Partnership horses shall be entered in races so as to run for the aforementioned partnership. I also specifically acknowledge that the legal ownership of such horses shall be vested in the members of the committee who shall manage the same and any proceeds of sale from them for benefit and for that of all other paid up members of the Racing for Maggie’s Partnership according to our respective entitlements as tenants in common in undivided shares. Accordingly I specifically authorise the members of the committee to represent jurisdiction that they, the members of the committee, are the legal owners of the Racing for Maggie’s Partnership. 20% of the prize money generated by both horses and the same again of their re-sale value at the end of the agreement will be donated to Maggie’s – Charity Number SC024414. I confirm that I am not a disqualified person under the Rules of Racing and I agree to purchase a share in the aforementioned partnership in conjunction with the terms and conditions as set out on page 4. Signature………………………………………………………….. Date…………………………………………………………… 1 Registered Charity Number SC024414 I wish to make a donation of £250 to Maggie’s Charity. I understand however I am able to purchase a share in the Partnership without making such a donation to the charity. Please treat as Gift Aid donations all qualifying gifts of money made, please tick boxes below: Today □ in the future □ I confirm I have paid or will pay an amount of Income Tax and/or Capital Gains Tax for each tax year (6 April to 5 April) that is at least equal to the amount of tax that all the charities or Community Amateur Sports Clubs (CASCs) that I donate to will reclaim on my gifts for that tax year. I understand that other taxes such as VAT on every £1 that I gave up to 5 April 2008 and will reclaim 25p of tax on every £1 that I give on or after 6 April 2008. Signature……………………………………………………………… Date………………………………… Please notify the charity or CASC if you: □ Want to cancel this declaration □ Change your name or home address □ No longer pay sufficient tax on your income and/or Capital gains. If you pay Income Tax at the higher or additional rate and want to receive the additional tax relief due to you, include all your Gift Aid donations on your Self-Assessment tax return or ask HM Revenue and Customs to adjust your tax code. HOW TO PAY: Please make all cheques payable to the ‘Racing for Maggie’s Partnership’ or alternatively and preferably we accept BACS transfers. The bank details are: Account number 11003179 Sort Code 60-93-03 Bank: Weatherbys Please kindly return all correspondence to: Henry Kimbell, C/O Racing for Maggie’s Partnership, 103A Ingelow Road, London SW8 3PE or scan to [email protected] M: 07979 522744 Thank you! *In providing you email and mobile you are opting into communications including text/ SMS from Maggie’s. By giving your details you are agreeing that we may use them to claim gift aid and keep you updated on our work, news and fundraising activities at Maggie’s. Please note that all data captured will be used and held in accordance with the requirements of the Data Protection Act 1998 and that we never share your personal details with any organisations outside of Maggie’s. If you would prefer not to hear from us please tick: ⃝ You can get in touch to update your contact preferences at any time 2 Bank Details To save on administration, we kindly ask you provide the management committee with your bank details so that monies owed to you, the shareholder, at the end of the partnership agreement can be credited in a timely manner. Bank: Account Number: Sort Code: Any special instructions: Thank you in advance for your co-operation. These details will be saved securely and not passed onto any third parties. All payments received from this Partnership will be made from the Partnership’s bank account as indicated on page one. 3 Terms and conditions Correct as of 9th September 2016 The Racing for Maggie’s Partnership shall run from 1 st July 2016 to 31st May 2018 A maximum of twenty five shares are available The management committee of Kim Bailey (KB) and Henry Kimbell (HK) will procure sponsorship for all Partnership horses in respect of their activities Therefore VAT will be reclaimed under the regulations advised by the British Horse Racing Authority (BHA) and no VAT will be payable on any share A capped administration fee of £50 per shareholder per season will be charged by HK as management fee for coordinating the partnership Owners will receive regular email and phone call updates about the running plans and welfare of their horses At the conclusion of the partnership duration both Another Venture and Biscuit will be sold in May 2018 with the proceeds being divided up equally between the shareholders. This will be a net return after 20% of the cumulative prize money and sale price of both horses has been donated, as per the agreement, to Maggie’s. In the event of the Partnership wishing to retain one or both horses at the conclusion of the agreement, this will only be permissible following a vote by members, the result of which must be unanimous. Maggie’s Charity is purely a third party to this agreement and has no responsibility – financial or otherwise – to the outcome of this venture Due to the increasing prohibitive cost of insurance, the management committee have decided not to insure the horses against mortality. However if you would like to protect your individual share please contact Richard Chugg at Weatherbys. [email protected] www.weatherbyshamilton.co.uk/equine-insurance/ Should you have any questions about this application form or the Partnership in general please contact Henry Kimbell, Partnership Manager, on 07979 522744 or [email protected] in the first instance 4
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