What exactly is TWFS?
TWFS is a society or club.
In legal terms this means that we are simply a collection of members.
Unlike a limited company, there
is no separate
legal
entity
called TWFS; there is only a (constantly changing) set
of individuals who together constitute TWFS.
Is TWFS a charity?
No. It’s just a club.
Why not?
In setting up TWFS we decided to take the simplest and quickest
course. Forming and administering a charity is much more complicated.
We also saw no over-riding financial reason for becoming a charity.
As we use the Wells Film Centre we have no need to hire or buy
assets such as projection equipment; it follows that we have no
need to seek funds to do so. If things change, we shall need to re-think.
Does it have a Constitution?
Yes. The Constitution, taking no more than 2 sides of A4, was approved
at the society’s
AGM on 12 October 2004.
It’s
based on a model supplied by the BFFS and has been informally reviewed
by
a
solicitor
member
of TWFS.
There is a link to it in the navigation bar,
on the left and up a bit.
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