Quote Originally Posted by Optimistic Nick View Post
A minor point but I wonder how these board meetings are conducted and where VT is located for them. I wonder if the club might possibly be resident in Malaysia for tax purposes.

Hardly the most pressing matter here given it makes bugger-all profit anyway and is presumably worth very little, but the bit about the board being dominated by a non-resident jarred when I read it.
No problem, virtual board meetings are permitted & the majority of members are present in UK.