NEWHAM COMMUNITY LEISURE LIMITED FILES FOR VOLUNTARY LIQUIDATION

After reporting last month that Clapton Football Club 1878 Limited had failed to file its Confirmation Statement and was being threatened with being struck off, we can now reveal, in extremely worrying news for Clapton fans, that Newham Community Leisure Limited, the company and charity which holds the lease on The Old Spotted Dog Ground, has applied for voluntary liquidation.

In documents published by Companies House it is shown that the members of the trust entered voluntary liquidation and appointed a liquidator, Stewart Bennett, on 1st March 2017. The document is signed by Vincent McBean, Ransford Taylor and Trevor Gordon, who are listed as being the majority of the trustees of Newham Community Leisure Limited.

The documents also show that the trust owes £203,478 in ‘Long Term Loans’, as well as £2,001 in accountancy fees. The cost of liquidation until the payment of debts in full is estimated at £19,095.

At the moment it is unclear how this will affect Clapton FC. In the short-term it is understood that before the 31st March, the club have to provide the Essex Senior League and the FA with proof of their being able to play at the Old Spotted Dog for the entirety of next season. As the insolvency process can take some months, it is unknown how this could be provided. This may also affect London Bari FC who also play at the Dog.

The trust was set up in 1992 as Clapton Trust Limited before changing its name a year later to Newham Community Leisure Trust Limited. In January 1995, the then Directors of the trust negotiated a 99-year lease with the freeholder Grand Metropolitan Estates, securing the land for use as a sports ground.

It was struck off in 2003 after failing to file accounts, before being restored by Vince McBean in 2009. It appears from documents filed at this time that McBean attempted to transfer the lease from the trust, however it seems he was unable to do so. Since then the trust has regularly failed to file its Annual Return on time and has been threatened with being struck off twice. According to Companies House, the most recent Confirmation Statement (the newer form of the Annual Return) was due by 18th February 2017 and is currently overdue.

Clapton FC News understands that Real Clapton FC are in contact with the Charity Commission and the Liquidator in an attempt to safeguard the future of the ground. You can become a member of the club here and/or donate to their Supporters’ Action fund here.

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