21 Share ownership - Benefits for 2023 / 2024 (Share Allowance - example based on an annual berth for a 10m boat) 10m
Allowance Total Net
VAT @ 20% Total Cost
Non-Shareholder (Full rate) £4300.00 Nil
£4300.00 £860.00
£5160.00 1 Share
£4300.00 £491.67
£3808.33 £761.67
£4570.00 4 Shares
£4300.00 £1966.67 £2333.33 £466.67
£2800.00
From the above it will be noted that the charge per metre with one share is £457 and with four shares it is £280 compared with £516 for a non-shareholder.
Hoisting Charges
Currently a 12.5% reduction is available on hoisting charges for each share held (up to a maximum of 50% reduction). Applying this to our example of a 10m boat this means:
Lift out to yard or relaunch
Non-Shareholder (Full rate) £186.00
For information about the share allowance, boat hoisting discounts or details of persons wishing to buy or sell shares, please contact:
The Company Secretary Tel: (01752) 556633 E-mail:
companysecretary@mayflowermarina.co.uk
1 Share £162.75
4 Shares £93.00
Disclaimer The value of shares can fall as well as rise. The allowance against berthing can fall as well as rise. Any information relating to past performance is not a guide to future performance. Share prices may go down as well as up and you may not get back the original amount invested.
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