About Portgordon Community Harbour Group

Portgordon Community Harbour Group Ltd formed in 2003 with the sole purpose of regenerating Portgordon Harbour.

The Group currently comprises four directors Note: Directors are not paid nor do they receive any financial benefits in this capacity.

In April 2008 the Group restructured and formed a Committee of 12 in order to ensure better community representation and to align the Group for its future transition to Harbour Trust status.

The Group is a not for profit organisation

The Group is aiming to become a charitable trust.

The Group is actively raising funds for the project and will make representations, as appropriate, for grant funding from various credible sources

A feature of the Marina, once complete, is that it will remain a not for profit organisation. All funds generated by the Group will be held in trust form.

The Marina will be self financing and all charges for its use will be made by and approved by the trust with the clear aim of sustainability.

What this means All excess of income over expenditure will be held in trust for the trust.

It is important to understand that income must equal or exceed expenditure and any excess becomes surplus (not profit) that will benefit Portgordon harbour (Marina) in the future

All income and expenditure figures are available at Annual General Meetings with the Directors accountable for the integrity and accuracy of the figures. As a legal requirement the figures are audited independently

Portgordon Community Harbour Group Ltd - registered Scottish Charity No: SC040805
Patron: Mrs Clare Russell - Lord-Lieutenant of Banffshire
© Content copyright: Portgordon Community Harbour Group Ltd 2006 - 2014
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