Tomorrow is an AGM day and it would be great if all owners were able to make an appearance whether that be in person or on zoom as after all this is your Club.
The 2 motions I feel are very interesting for very different reasons and 2 nominations for committee.
BUT I'm looking forward to AGM 2026 when hopefully more owners may put their names forward for committee and as I intend to retire, hopefully I'll be in a position to throw my hat in the ring to support a Club that has meant so much to me over the past 47 years.
AGM 2025
It would indeed be good if all paid up owners were allowed to be in attendance at the AGM instead of a significant number ( Term owners) being treated like lepers. A more blatant discrimination you could not get
however thats what LRHC has now become.
However people are not stupid and Term owners on reaching the end of their Tenure will most likely not renew to another term. No intelligent or self respecting person would tolerate this divisive treatment which was needlessly created at this time last year for no good or credible reason.
I wish you well, Stuart, on your future Commitee service on retirement. The club would benefit from forward thinking and experienced members on committee like yourself.
Unfortunately, this Term owner will not benefit from your future appointment because my Term ownership expires next Summer and due to the discrimination against all Term owners I will not be renewing to another Term and will never return to LRHC.
I do have connections in the Rannoch area and have done since when I lived and worked there years before the club was even built. Although I don’t live there now, I will always return for a visit. If you know where to go there’s far better options than expensive Air bnb accommodation or timeshare rental in the area.
Hope its a good AGM for all present
however thats what LRHC has now become.
However people are not stupid and Term owners on reaching the end of their Tenure will most likely not renew to another term. No intelligent or self respecting person would tolerate this divisive treatment which was needlessly created at this time last year for no good or credible reason.
I wish you well, Stuart, on your future Commitee service on retirement. The club would benefit from forward thinking and experienced members on committee like yourself.
Unfortunately, this Term owner will not benefit from your future appointment because my Term ownership expires next Summer and due to the discrimination against all Term owners I will not be renewing to another Term and will never return to LRHC.
I do have connections in the Rannoch area and have done since when I lived and worked there years before the club was even built. Although I don’t live there now, I will always return for a visit. If you know where to go there’s far better options than expensive Air bnb accommodation or timeshare rental in the area.
Hope its a good AGM for all present
A few of the owners I spoke to at the AGM agreed about with your comments about term owners, but unfortunately not unlike our recent budget, shortsighted preparedness could become an issue.
When you take 130 weeks back to club in 2 years and only sell 100, as much as it is good we sold some, we are still technically in negative territory.
We also still don't know what the net profit is on sales.
This is something I asked last year and we still don't know.
So therefore until I see that figure rentals to me are not producing profit?
2 years of wages to " sales experts" in my opinion was a waste of owners money when we had someone else already there who was praised umpteen times by owners who only required an uplift on salary and a bit of encouragement possibly.
The bigger issue for me is and remains the purchase of a property by a committee member from the staff member which appears to have been disclosed very late in the transaction.
As i suggested at AGM if this results in £40k income for the Airbnb it has then cost the club potentially £40k in rental income which as pointed out is important to the club.
Also bear in mind the manager of said Airbnb was an ex employee of club who just happens to be the spouse of another club employee in an important position.
This transaction has created mistrust of the people involved and for the committee member who has waxed lyrical of their love of the village and the locals,very contradictory.
This is a Conflict of interest and under our rules and the Companies act, this committee member if they had any scruples would step down and if not, forced to resign.
I also and again is my opinion, not trust the staff member.
Hope that the committee revisit this as it is storing up later issues.
When you take 130 weeks back to club in 2 years and only sell 100, as much as it is good we sold some, we are still technically in negative territory.
We also still don't know what the net profit is on sales.
This is something I asked last year and we still don't know.
So therefore until I see that figure rentals to me are not producing profit?
2 years of wages to " sales experts" in my opinion was a waste of owners money when we had someone else already there who was praised umpteen times by owners who only required an uplift on salary and a bit of encouragement possibly.
The bigger issue for me is and remains the purchase of a property by a committee member from the staff member which appears to have been disclosed very late in the transaction.
As i suggested at AGM if this results in £40k income for the Airbnb it has then cost the club potentially £40k in rental income which as pointed out is important to the club.
Also bear in mind the manager of said Airbnb was an ex employee of club who just happens to be the spouse of another club employee in an important position.
This transaction has created mistrust of the people involved and for the committee member who has waxed lyrical of their love of the village and the locals,very contradictory.
This is a Conflict of interest and under our rules and the Companies act, this committee member if they had any scruples would step down and if not, forced to resign.
I also and again is my opinion, not trust the staff member.
Hope that the committee revisit this as it is storing up later issues.
Interesting, however a significant number of owners are completely uninformed of what happened at the AGM.
These are Term owners who have been stripped of most of their rights including attendance at the AGM or proposing or voting on a resolution.
The club has decided to treat Term owners in an unacceptable discriminatory manner and without any credible explanation of why this has come about.
Of course maybe the Committee will fully inform all club owners of the AGM results etc at the earliest opportunity . It wouldn’t be clever not to considering that all owners which includes Term owners pay substantial subscriptions to the club. Why some of these owners are being blatantly discriminated against is beyond my logic.
No wonder that many local residents have a deep mistrust of LRHC and in particular for those who
are responsible for its management
In the meantime the AGM remiains a mystery to many fully paid up owners
These are Term owners who have been stripped of most of their rights including attendance at the AGM or proposing or voting on a resolution.
The club has decided to treat Term owners in an unacceptable discriminatory manner and without any credible explanation of why this has come about.
Of course maybe the Committee will fully inform all club owners of the AGM results etc at the earliest opportunity . It wouldn’t be clever not to considering that all owners which includes Term owners pay substantial subscriptions to the club. Why some of these owners are being blatantly discriminated against is beyond my logic.
No wonder that many local residents have a deep mistrust of LRHC and in particular for those who
are responsible for its management
In the meantime the AGM remiains a mystery to many fully paid up owners
The two things I didn t ask which maybe I should have, and I don't recall it said,was in relation to members.
It would be interesting to know how many term members there are at club and secondly out of the 100 new sales in the last 2 years, how many were term membership?
It would be interesting to know how many term members there are at club and secondly out of the 100 new sales in the last 2 years, how many were term membership?
I recently received the email which allows Term owners to see or read what happened at the AGM. The sound quality on the video was not good enough to follow however I did read the full transcript or minutes of the AGM .
I say this because as we all know, all Term owners were excluded from attending the AGM or indeed voting on resolutions following the discriminatory and flawed resolution voted on at the 2024 AGM. Prior to the 2025 AGM THE GM sent out emails emphasising that Term owners no longer had any right to attend the AGM or to vote. Despite this voting forms were emailed to Term owners and this leaves the possibility that some Term owners may have voted and sent their votes to the Accountant. If so these votes will have been worthless but I wonder if the Accountant even knew about this strange situation or even bothered to scrutinise the voting papers and in particular who was voting? Don’t suppose there will ever be an answer to that.
In any case the AGM meeting was very sparsely attended and as usual the “ 55” Zoom participants made the meeting possible as a quorate of 35 is required.
Mr Stuart Lamont was present and had some valid questions. Stuart of course is highly qualified in Financial Services and his credentials and integrity are not in doubt. In addition he is a long standing in perpetuity owner at LRHC and has always been focused on the best interests of the club , including the best interests of owners and employees.
He raised a relevant question about “what’s the net profit on rentals?” He pointed out that this is the same unanswered question as he asked at the 2024 AGM but instead of receiving a clear and satisfactory answer from the GM he was advised that “ We are working on it. We still don’t have the answer”. !!
Considering that the GM and the Committee have had a full year to produce an answer, even an approximation of the figure would have sufficed instead of this dismissive response which is totally unsatisfactory. After all the GM produces detailed presentations of figures of everything else but is unable to answer this valid and straightforward question. Anyone with a pocket calculator could take the top figure , subtract approximately 30% for commission to booking agents, deduction of tax etc and produce a realistic estimate in minutes.
Then there was a brief discussion about the salaries of sales persons to which he was told “ We can’t discuss salaries “
Maybe a raw nerve had been touched there, who knows however considering that all salaries are paid for by the owners, both in perpetuity and Term owners, my opinion is that all owners have a right to know who earns what at LRHC. It’s not a charity after all.
I am disappointed that the Chair and the committee who are all Directors of the club allow these sort of dismissive answers to owners to be allowed to continue unchallenged. Such answers are an insult to anyone’s intelligence and in particular an insult to Mr Lamont.
After the break there were questions from some other attendees at the AGM . On Page 28 ( minutes) an “ unknown gentleman in the audience “ spoke. On Page 29 an “ unknown lady spoke” and on Page 35 an “ unannounced gent in the audience “ spoke. Who were these participants at the AGM ? Clearly the Club Secretary, Chairman, GM etc doesn’t know who these people were otherwise they would be named in the Minutes just as were all others who spoke were named in the minutes. Were they in perpetuity owners ? Were they random members of the public who are not owners or were they banned Term owners who had entered the meeting? It begs the question was there any scrutiny of the validity of persons in attendance given that there has been so much effort made to discriminate against Term owners and bar them from attending AGM’s . The fact that the identities of these participants is not known nor was any effort made to clarify who they were makes the whole thing a complete and utter farce and emphasises the shoddy treatment which Term owners now receive.
Not exactly welcoming treatment considering the club hope to encourage new owners to sign up
I say this because as we all know, all Term owners were excluded from attending the AGM or indeed voting on resolutions following the discriminatory and flawed resolution voted on at the 2024 AGM. Prior to the 2025 AGM THE GM sent out emails emphasising that Term owners no longer had any right to attend the AGM or to vote. Despite this voting forms were emailed to Term owners and this leaves the possibility that some Term owners may have voted and sent their votes to the Accountant. If so these votes will have been worthless but I wonder if the Accountant even knew about this strange situation or even bothered to scrutinise the voting papers and in particular who was voting? Don’t suppose there will ever be an answer to that.
In any case the AGM meeting was very sparsely attended and as usual the “ 55” Zoom participants made the meeting possible as a quorate of 35 is required.
Mr Stuart Lamont was present and had some valid questions. Stuart of course is highly qualified in Financial Services and his credentials and integrity are not in doubt. In addition he is a long standing in perpetuity owner at LRHC and has always been focused on the best interests of the club , including the best interests of owners and employees.
He raised a relevant question about “what’s the net profit on rentals?” He pointed out that this is the same unanswered question as he asked at the 2024 AGM but instead of receiving a clear and satisfactory answer from the GM he was advised that “ We are working on it. We still don’t have the answer”. !!
Considering that the GM and the Committee have had a full year to produce an answer, even an approximation of the figure would have sufficed instead of this dismissive response which is totally unsatisfactory. After all the GM produces detailed presentations of figures of everything else but is unable to answer this valid and straightforward question. Anyone with a pocket calculator could take the top figure , subtract approximately 30% for commission to booking agents, deduction of tax etc and produce a realistic estimate in minutes.
Then there was a brief discussion about the salaries of sales persons to which he was told “ We can’t discuss salaries “
Maybe a raw nerve had been touched there, who knows however considering that all salaries are paid for by the owners, both in perpetuity and Term owners, my opinion is that all owners have a right to know who earns what at LRHC. It’s not a charity after all.
I am disappointed that the Chair and the committee who are all Directors of the club allow these sort of dismissive answers to owners to be allowed to continue unchallenged. Such answers are an insult to anyone’s intelligence and in particular an insult to Mr Lamont.
After the break there were questions from some other attendees at the AGM . On Page 28 ( minutes) an “ unknown gentleman in the audience “ spoke. On Page 29 an “ unknown lady spoke” and on Page 35 an “ unannounced gent in the audience “ spoke. Who were these participants at the AGM ? Clearly the Club Secretary, Chairman, GM etc doesn’t know who these people were otherwise they would be named in the Minutes just as were all others who spoke were named in the minutes. Were they in perpetuity owners ? Were they random members of the public who are not owners or were they banned Term owners who had entered the meeting? It begs the question was there any scrutiny of the validity of persons in attendance given that there has been so much effort made to discriminate against Term owners and bar them from attending AGM’s . The fact that the identities of these participants is not known nor was any effort made to clarify who they were makes the whole thing a complete and utter farce and emphasises the shoddy treatment which Term owners now receive.
Not exactly welcoming treatment considering the club hope to encourage new owners to sign up
Some of the answers were indeed condescending and unconvincing for the 55 owners who attended in person or on zoom.
The inability to know if there is a net profit on rentals makes certain people look foolish and clueless, but that didn't come as a surprise.
What still surprises me though or shocks me is how it would appear owners either have lost interest in the club and it's future and for those who did attend for some, naivety.
The GM did mention about me joining committee and as I enter into semi retirement next year, that is something I will consider, but there would have to be changes and I know the one position that needs a drastic overhaul.
The inability to know if there is a net profit on rentals makes certain people look foolish and clueless, but that didn't come as a surprise.
What still surprises me though or shocks me is how it would appear owners either have lost interest in the club and it's future and for those who did attend for some, naivety.
The GM did mention about me joining committee and as I enter into semi retirement next year, that is something I will consider, but there would have to be changes and I know the one position that needs a drastic overhaul.
Last edited by LAMO003 on Sun Dec 28, 2025 6:22 pm, edited 2 times in total.
You would be a very good addition to the Committee Stuart, unfortunately I will not be able to vote for you.
The flawed Committee assertion that “ Term owners do not have any long term interest in the club” will likely now become a reality and only because of the deplorable discrimination they have been subjected to.
In any case its the Season of goodwill, so merry Christmas to everyone, including the LRHC Committee and employees and the anonymous AGM attendees
The flawed Committee assertion that “ Term owners do not have any long term interest in the club” will likely now become a reality and only because of the deplorable discrimination they have been subjected to.
In any case its the Season of goodwill, so merry Christmas to everyone, including the LRHC Committee and employees and the anonymous AGM attendees
It's now 4 months after the AGM and still we have no answer to what I would deem to be a simple question.
What is the net profit on rentals?
If we don't know the answer to this simple question, iwould think similar to the misinterpretation of our Articles of association, we have a problem.
What is the net profit on rentals?
If we don't know the answer to this simple question, iwould think similar to the misinterpretation of our Articles of association, we have a problem.
What you have to remember Stuart is that “ they are working on it” !
Translated this possibly means that they know the answer but haven’t yet figured out how to respond positively to the straightforward question which you asked at both the 2024 and 2025 AGM’s
Unacceptable of course, considering that all owners, which includes all the vilified term owners, should be fully informed of all things financial relating to LRHC.
After all, if all owners stopped paying their annual maintenance fees then the club would very quickly grind to a halt.
One day it might
Translated this possibly means that they know the answer but haven’t yet figured out how to respond positively to the straightforward question which you asked at both the 2024 and 2025 AGM’s
Unacceptable of course, considering that all owners, which includes all the vilified term owners, should be fully informed of all things financial relating to LRHC.
After all, if all owners stopped paying their annual maintenance fees then the club would very quickly grind to a halt.
One day it might
That's now over a week since I asked a simple,relevant and important question for the umpteenth time.
If one cannot get this answer after 30 months, then I am indeed starting to be concerned.
Do we have the Ministry of Avoidance at the Club or have the owners, and bearing in mind at the last 2 AGM's we have been told by the GM about all the income from rentals and how good it was, been misled?
If one cannot get this answer after 30 months, then I am indeed starting to be concerned.
Do we have the Ministry of Avoidance at the Club or have the owners, and bearing in mind at the last 2 AGM's we have been told by the GM about all the income from rentals and how good it was, been misled?
The red flag as far as I’m concerned is that statistics are regularly provided in figures, graphs, pie charts and in person presentations and assurances are given that these are all accurate. These figures are usually the ones which show the management in good light but there aren’t answers for the more awkward questions such as the one that you refer to which remains unanswered after 2 AGM’s have passed.
“We are working on it” is the sort of negative statement one expects from Politicians who side step every awkward question and never provide a satisfactory answer to a straightforward question but this is LRHC and the owners deserve far better and a bit of respect
“We are working on it” is the sort of negative statement one expects from Politicians who side step every awkward question and never provide a satisfactory answer to a straightforward question but this is LRHC and the owners deserve far better and a bit of respect