Trading Update
17th May 2025 at 11:00hrs
Following the positive response to last year's Business Review and our 2025 AGM, we are pleased to invite you to a Trading Update on Saturday, 17th May at 11:00hrs at the Club.
This meeting will provide an update on the Club’s financial performance, share progress on current initiatives, and outline our ongoing plans to strengthen and grow the Club.
We see this as an excellent opportunity to keep Members informed and engaged as we continue to build on recent momentum.
In conjunction with this, please find below the official notification of an Extraordinary General Meeting (EGM) of The Royal Lymington Yacht Club Ltd, to be held on the same day.
The sole purpose of the EGM is to seek member approval for a proposal to align the Club’s financial year with the subscription year. This change is intended to provide greater clarity in financial reporting and to improve cash flow management.
While EGMs are traditionally associated with resolving urgent issues, we are pleased to confirm that this is a proactive measure. It reflects our commitment to transparency, enhanced communication with Members, and strong governance practices. Rather than wait to present this proposal at the next AGM in February 2026, we believe it is important to bring it forward now in this financial year to ensure timely implementation and alignment with our strategic planning.
We look forward to welcoming you on 17th May.