Climb Prize Lotto – The Small Print
1. The name of this 'private society lottery' is The Climb Prize Lotto Club (herein referred to as "The Club").
2. The Club is intended to be a private society lottery under the provisions of the Gambling Act 2005.
3. The Club will be run by the Climb staff.
4. The sole objective is to raise money to support Climb’s fundraising activities.
5. Each share will have a unique number. No physical shares will be issued but the Member will be informed of their Membership Number(s). That number will be assigned to the Member until such time as the Member withdraws from The Club.
6. The initial target will be 200 shares to be held by members of The Club, although there will be no upper limit on shares issued.
7. Membership shall be non-transferable.
8. Shares will be sold at £1.00 per month or £12 p/year (whichever is preferable for The Member) for a minimum contract period of 12 months payable by standing order, bank transfer or cheque.
9. Money paid for shares will not be refundable under any circumstances.
10. The minimum stake shall be £1.00 per month (1 share).
11. Members must be over the age of 16 to join.
12. Membership is not restricted.
13. A quarterly 'draw' will take place at Climb. The winning numbers drawn will be done so on a purely random basis in the company of at least 3 Climb staff members.
14. The results of the current draw (and the previous month's draw) will be available via the Climb website and the ‘Update’ magazine.
15. At any time, a Member can contact The Club Administrator (Operations Manager) to request a list of past Club winners (on a rolling 12 month basis).
16. Prize money will be in the form of a cheque drawn on the Climb account and this will be posted to prize winners within a week of the draw.
17. It is the responsibility of the Member to advise The Club Administrator of any change of address or contact details.
18. Any prize cheque not cashed within 6 months will be deemed a donation to Climb.
19. It is the responsibility of The Member to withdraw from The Club and cancel any associated standing orders. The Club is not able to cancel Member standing orders. Members who withdraw from The Club are asked to inform the Administrator.
20. All participants are entitled to attend the draws.
21. At least 35% of the income taken annually will be paid as prizes. There will be a first, second and third prize at all times.
22. The value of prizes is allowed to be pro-rata’d according to the level of subscriptions if sufficient shares are not sold to allow Climb to make a profit on the running of The Club.
23. This 'profit' will be used to fund Climb projects and to support Climb in any way decided by the Executive Director and Trustees.
24. A register will be kept by the Administrator of The Club of members, prizes paid out and funds raised. This will be audited each year as part of Climb accounts.
25. The Club's bank account shall be a nominated Climb account.
26. All running expenses shall be taken from The Club profit and not the prize money.
www.climb.org.uk
Climb, 176 Nantwich Road, Crewe, Cheshire, UK, CW2 6BG, Tel: 0845 241 2173 / 0800 652 3181 Email:
Executive Director: Lindsay Weaver
Registered in England and Wales Charity No. 1089588 and in Scotland Charity No. SC044634. Company Limited by Guarantee 4267454