Bantams Supporters Trust Rule Changes
The AGM is the focal point in the Trust calendar that allows us to demonstrate what we have done in the year, including providing our financial accounts, voting on nominations for prospective Board Members (volunteer directors), and giving the Trust an opportunity to review its policies and procedures.
Last year, we used the AGM to authorise selective changes to the Trust Rules, and the minutes of the AGM have now been approved. As we are obliged to do by law, we have provided the Financial Conduct Authority (FCA) with our accounts, AGM minutes and updated policies for the year and they have now been registered and approved.
Our updated policies take into account the latest set of Model Rules provided by the
Football Supporters Association (FSA), from 2022. These offer guidance about what our own Rules should contain, including what we are about, what constitutes being a member, any shares, rights of members, the functions of volunteer directors, how our meetings are conducted, how the Board is constituted, elections, general meetings and the Annual General Meeting, disciplinary procedures, disputes, financial arrangement and much more.
What we have updated and added
It has always been a requirement that members must obtain a share in the Trust, but over the years we have changed the amount that members pay for their share. In the recent past, the amount had been set at 1p, in order to accommodate free annual membership. This was consistent with the Model Rules originally supplied by Supporters Direct but is against the advice of the FSA Model Rules from 2022, which set a minimum annual membership subscription of £1. We have simply changed our Rules in line with these new Model Rules. This means that there will be an annual subscription of at least £1. The first £1 of any new member's first subscription will then be used to purchase a share in the Trust. The requirement for the rule changes agreed at the AGM are covered by Membership, Point 13 and Ordinary Share Provisions point 19 in the FSA Model Rules.
Where we publish these documents
These documents are published on our website in the Board and Constitution
section here.
It is within our Rules to give members a minimum of 2 weeks to voice any objections to what has been agreed at last years AGM, and you can do this by emailing us at hello@bantamstrust.co.uk until 21st March 2024.









