No Hello, just P4C.

[tikay]

North Angel (Ang...) wrote.....

Basically I have more involvement in organising poker events for P4C then the day to day running of G4L, although I am a volunteer for G4L as all funds raised from P4C go to G4L.

Ang

This is the crux of so many concerns, we don't grasp the need for three "arms", (Game for Life Enterprises Ltd, Game for Life (the Registered Charity) & P4C (??) ) but we'll put that on the "ask Andy" list!

[North Angel]

North Angel (Ang...) wrote.....

Basically I have more involvement in organising poker events for P4C then the day to day running of G4L, although I am a volunteer for G4L as all funds raised from P4C go to G4L.

Ang

This is the crux of so many concerns, we don't grasp the need for three "arms", (Game for Life Enterprises Ltd, Game for Life (the Registered Charity) & P4C (??) ) but we'll put that on the "ask Andy" list!

Ok I will try and clear this up...I hope

Game For Life is the Charity.

Poker4Charity is simply a campaign of the Charity. Poker4Charity is just a name applied to poker events that raise funds for Game For Life.

Game For Life Enterpirses Ltd is a wholly owned trading company of the Charity Game For Life. 100% of its shares are owned by the Charity. It was set up on advice of the Charities Lawyers in case Game For Life  ever wished to trade in any significant manner i.e if it ever decided to open High Street shops, Internet Cardroom etc.

Ang

[tikay]

North Angel (Ang...) wrote.....

Basically I have more involvement in organising poker events for P4C then the day to day running of G4L, although I am a volunteer for G4L as all funds raised from P4C go to G4L.

Ang

This is the crux of so many concerns, we don't grasp the need for three "arms", (Game for Life Enterprises Ltd, Game for Life (the Registered Charity) & P4C (??) ) but we'll put that on the "ask Andy" list!

Ok I will try and clear this up...I hope

Game For Life is the Charity.

Poker4Charity is simply a campaign of the Charity. Poker4Charity is just a name applied to poker events that raise funds for Game For Life.

Game For Life Enterpirses Ltd is a wholly owned trading company of the Charity Game For Life. 100% of its shares are owned by the Charity. It was set up on advice of the Charities Lawyers in case Game For Life  ever wished to trade in any significant manner i.e if it ever decided to open High Street shops, Internet Cardroom etc.

Ang

Thanks Ang, & that was pretty much my understanding. I think it's best left to Andy or Davey to deal with this aspect properly, as it's likely to get heavy. The key to all, or much, of the concern, I think we will soon see, is how transparently the movement of cash between each of the three "arms" is shown, & how "Admin" or "Management Charges" are calculated.

I think it unfair to expect you to be able to answer these.

Andy, it's up to you now!

[TightEnd]

Andy (following on from tikay)

Is there any guidance you can give us on the following?


If money is donated at events it is donated to P4C, who hold the events.

There is then a mechanism by which the funds are transferred to G4L from which donations are given to the good causes.

I think this is correct. Please correct me if I am wrong.

Can you explain (or perhaps it is in the accounts, i don't know) how the transfer works and how any deductions for admin charges (over and above deductions for expenses incurred on the day, as discussed elsewhere) are calculated as part of this transfer pricing process?

Thanks

[North Angel]

Andy (following on from tikay)

Is there any guidance you can give us on the following?


If money is donated at events it is donated to P4C, who hold the events.

There is then a mechanism by which the funds are transferred to G4L from which donations are given to the good causes.

I think this is correct. Please correct me if I am wrong.

Can you explain (or perhaps it is in the accounts, i don't know) how the transfer works and how any deductions for admin charges (over and above deductions for expenses incurred on the day, as discussed elsewhere) are calculated as part of this transfer pricing process?

Thanks

Money donated at events is donated directly to Game For Life. I know this because when I donated at the Newcastle event the receipt that I was given was a Game For Life receiept. Which I also remember you received one at the Western event. I am sure Andy will confirm this.

Ang

[bobby1]

North Angel (Ang...) wrote.....

Basically I have more involvement in organising poker events for P4C then the day to day running of G4L, although I am a volunteer for G4L as all funds raised from P4C go to G4L.

Ang

This is the crux of so many concerns, we don't grasp the need for three "arms", (Game for Life Enterprises Ltd, Game for Life (the Registered Charity) & P4C (??) ) but we'll put that on the "ask Andy" list!

Ok I will try and clear this up...I hope

Game For Life is the Charity.

Poker4Charity is simply a campaign of the Charity. Poker4Charity is just a name applied to poker events that raise funds for Game For Life.

Game For Life Enterpirses Ltd is a wholly owned trading company of the Charity Game For Life. 100% of its shares are owned by the Charity. It was set up on advice of the Charities Lawyers in case Game For Life  ever wished to trade in any significant manner i.e if it ever decided to open High Street shops, Internet Cardroom etc.

Ang

cheers Ang.

Im a bit confused regarding Andy and big slicks involvement in the charity set up. As I understood it Davey was the head of the charity and organised the events. In the chain of command(for want of a better phrase) does Davey report to the other two guys or do they report to Davey?


regards

[North Angel]

North Angel (Ang...) wrote.....

Basically I have more involvement in organising poker events for P4C then the day to day running of G4L, although I am a volunteer for G4L as all funds raised from P4C go to G4L.

Ang

This is the crux of so many concerns, we don't grasp the need for three "arms", (Game for Life Enterprises Ltd, Game for Life (the Registered Charity) & P4C (??) ) but we'll put that on the "ask Andy" list!

Ok I will try and clear this up...I hope

Game For Life is the Charity.

Poker4Charity is simply a campaign of the Charity. Poker4Charity is just a name applied to poker events that raise funds for Game For Life.

Game For Life Enterpirses Ltd is a wholly owned trading company of the Charity Game For Life. 100% of its shares are owned by the Charity. It was set up on advice of the Charities Lawyers in case Game For Life  ever wished to trade in any significant manner i.e if it ever decided to open High Street shops, Internet Cardroom etc.

Ang

cheers Ang.

Im a bit confused regarding Andy and big slicks involvement in the charity set up. As I understood it Davey was the head of the charity and organised the events. In the chain of command(for want of a better phrase) does Davey report to the other two guys or do they report to Davey?


regards

Bobby,

Andy is Chairman of Game For Life, Tony is a Trustee for Game For Life, Davey is CEO for Game For Life, and Davey is answerable to both Andy and Tony.

Ang

[bobby1]

North Angel (Ang...) wrote.....

Basically I have more involvement in organising poker events for P4C then the day to day running of G4L, although I am a volunteer for G4L as all funds raised from P4C go to G4L.

Ang

This is the crux of so many concerns, we don't grasp the need for three "arms", (Game for Life Enterprises Ltd, Game for Life (the Registered Charity) & P4C (??) ) but we'll put that on the "ask Andy" list!

Ok I will try and clear this up...I hope

Game For Life is the Charity.

Poker4Charity is simply a campaign of the Charity. Poker4Charity is just a name applied to poker events that raise funds for Game For Life.

Game For Life Enterpirses Ltd is a wholly owned trading company of the Charity Game For Life. 100% of its shares are owned by the Charity. It was set up on advice of the Charities Lawyers in case Game For Life  ever wished to trade in any significant manner i.e if it ever decided to open High Street shops, Internet Cardroom etc.

Ang

cheers Ang.

Im a bit confused regarding Andy and big slicks involvement in the charity set up. As I understood it Davey was the head of the charity and organised the events. In the chain of command(for want of a better phrase) does Davey report to the other two guys or do they report to Davey?


regards

Bobby,

Andy is Chairman of Game For Life, Tony is a Trustee for Game For Life, Davey is CEO for Game For Life, and Davey is answerable to both Andy and Tony.

Ang

cheers Ang

[tikay]

North Angel (Ang...) wrote.....

Basically I have more involvement in organising poker events for P4C then the day to day running of G4L, although I am a volunteer for G4L as all funds raised from P4C go to G4L.

Ang

This is the crux of so many concerns, we don't grasp the need for three "arms", (Game for Life Enterprises Ltd, Game for Life (the Registered Charity) & P4C (??) ) but we'll put that on the "ask Andy" list!

Ok I will try and clear this up...I hope

Game For Life is the Charity.

Poker4Charity is simply a campaign of the Charity. Poker4Charity is just a name applied to poker events that raise funds for Game For Life.

Game For Life Enterpirses Ltd is a wholly owned trading company of the Charity Game For Life. 100% of its shares are owned by the Charity. It was set up on advice of the Charities Lawyers in case Game For Life  ever wished to trade in any significant manner i.e if it ever decided to open High Street shops, Internet Cardroom etc.

Ang

cheers Ang.

Im a bit confused regarding Andy and big slicks involvement in the charity set up. As I understood it Davey was the head of the charity and organised the events. In the chain of command(for want of a better phrase) does Davey report to the other two guys or do they report to Davey?


regards

Bobby,

Andy is Chairman of Game For Life, Tony is a Trustee for Game For Life, Davey is CEO for Game For Life, and Davey is answerable to both Andy and Tony.

Ang

Game for Life Enterprises Ltd, or Game for Life, the Registered Charity?

[AlrightJack]

Ange,

When you and Davey were in Las Vegas at last year's WSOP was that trip paid for entirely or in part by P4C or was it purely a holiday and paid for by yourselves?

[booder]

 

[Dingdell]

So who fulfills the role of finance director? I can't imagine this would be Davey as that wouldn't be a great corporate structure, chief exec and finance are normally separate entities.
Thanks

Tracey

[North Angel]

North Angel (Ang...) wrote.....

Basically I have more involvement in organising poker events for P4C then the day to day running of G4L, although I am a volunteer for G4L as all funds raised from P4C go to G4L.

Ang

This is the crux of so many concerns, we don't grasp the need for three "arms", (Game for Life Enterprises Ltd, Game for Life (the Registered Charity) & P4C (??) ) but we'll put that on the "ask Andy" list!

Ok I will try and clear this up...I hope

Game For Life is the Charity.

Poker4Charity is simply a campaign of the Charity. Poker4Charity is just a name applied to poker events that raise funds for Game For Life.

Game For Life Enterpirses Ltd is a wholly owned trading company of the Charity Game For Life. 100% of its shares are owned by the Charity. It was set up on advice of the Charities Lawyers in case Game For Life  ever wished to trade in any significant manner i.e if it ever decided to open High Street shops, Internet Cardroom etc.

Ang

cheers Ang.

Im a bit confused regarding Andy and big slicks involvement in the charity set up. As I understood it Davey was the head of the charity and organised the events. In the chain of command(for want of a better phrase) does Davey report to the other two guys or do they report to Davey?


regards

Bobby,

Andy is Chairman of Game For Life, Tony is a Trustee for Game For Life, Davey is CEO for Game For Life, and Davey is answerable to both Andy and Tony.

Ang

Game for Life Enterprises Ltd, or Game for Life, the Registered Charity?

I believe it to be correct for both.

Ang

[North Angel]

Ange,

When you and Davey were in Las Vegas at last year's WSOP was that trip paid for entirely or in part by P4C or was it purely a holiday and paid for by yourselves?

That was paid for by ourselves as a birthday present for me from Davey, and also to attend Joe Beevers wedding.

TBH I think your question was bang out of order, I don't question you where you go for holidays.

Ang

[AlrightJack]

Ange,

When you and Davey were in Las Vegas at last year's WSOP was that trip paid for entirely or in part by P4C or was it purely a holiday and paid for by yourselves?

That was paid for by ourselves as a birthday present for me from Davey, and also to attend Joe Beevers wedding.

Ang

Thanks