Newcastle Aero Club
 

Hi everybody

Noiseabatement: Cheers!
Martinidoc: A mine of information, stand for Mayor!

OK, I'm going to be phoning Elia very shortly and I will reiterate the need for a posting from him.

I spoke with him yesterday and his mission statement/business plan/financial statement are virtually in place to put to RMT on Monday at soonest.

Lease issues have been discussed with airport authorities/RMT and there doesn't appear to be any problem there.

Hope he can get a good posting very soon.

Cheers gents

M

Hello Ppruner's
 

Hello,

I have just completed reading the entire post on the
"NEWCASTLE AEROCLUB". I must admit that everyone
has written some very interesting posts.

I feel very sorry for all the members of the club, which
has a very proud history.

I would like to let all of you know where I stand at the moment.
Late october early november I recieved phone calls from
a few people commenting on the aero club's position.

I really did'nt know what to think and just merely listened
until the last few weeks where I started to get invovled.
I don't want to go into detail I will merely let you all know
what my idea's are and plan of attack.

I contacted the administrator's lastweek and had a brief discussion with Mr Potts. He had given me an outline of
what he had to do before he could entertain a proposal
from myself. On friday I spoke with Linda farnish who now
seems the person in charge of proceedings.
I will send linda on monday a
1. Business plan
2. financial statement

I feel very strongly about the takeover bid for the "aero club"
as I would like the idea of having a school in the UK.
It ALSO gives me the excuse to go there so I can watch my
favorite team MANCHESTER UNITED.

Basically I would like to take over the club and run it as a club
and my objective is to take care of my members. I will also
like to take the club to a full FTO status,ie commercial etccccc.
I also will export depending on demand aircraft to the UK,
increasing the fleet to at least 10 aircraft.
This has been a difficult situation for me as well as all the
members of the club,although their are certain legal mountains
to jump. With the club going into administration it has removed
all liability, which is great.
I have asked for several documents to be sent to my office
on monday upon that I will make an offer on 3 to 4 of the clubs
existing aircraft.Once I have agreed the price's on the aircraft I then need to discuss the biggest hurdle "THE LEASE". I HOPE that everyone understands this as it would be not good business
sense to takeover the club if I can't have a fair lease.
Linda farnish said on friday that "she has spoken to the airport"
regarding this issue.
So really gents, I am waiting to dicuss these two area's before
I arrive into the UK at the end of the week.
I have planned to arrive at the club late thursday or early
friday to meet with the administrators.
I will keep you all up to date of proceddings BUT until then
lets just see what they hit me with.
All I want is somethink fair for everyone, and those of you that do know me can understand that.
Regards

Elia Golfin

Hope at last
 

Morning All

I hope this last post is not somebody's idea of a joke !

This is after all a rumour network...

Elia, I think that all here and members of NAC not using these threads wil owe you more than thanks when this is all sorted.

One last little thought regarding N A E if the invoices that are owed were invoiced the club would be due a large amount of money as indicated in Martinidoc's previous posts, The only people to gain from this will be those who at the last AGM said they owed money to N A E and had not recieved an invoice. Nice work if you get away with it. (pay up you greedy Ba--ards)

Best Regards.........

hello HOLD FOXTROT
 

HELLO,

THIS IS NOT A JOKE,HOLD FOXTROT,
I DO UNDERSTAND YOUR POSITION.
THE MEMBERS OF THE NEWCASTLE AERO CLUB
AS FAR AS I AM CONCERNED HAVE BEEN :mad:

I HOPE TO BE IN NEWCASTLE THIS WEEK TO
SAVE THE CLUB.A LOT OF QUESTIONS HAVE TO BE ASKED????

THIS IS NOT OVER, ONCE THE CLUB HAS BEEN TAKEN OVER THE
ADMINISTRATOR'S WILL CONTINUE TO INVESTIGATE WHERE IT
WENT, SO THESE PEOPLE INVOVLED WON'T GET AWAY WITH IT.

REGARDS

ELIA GOLFIN

Mr Golphin
 

No offence meant or intended

I think it is very evident how we all feel and sometimes people extract the water so to speak.

I personally cannot wait to meet you and God willing (although I am not a religous person but we need all the help possible) this will sort itself out and we all will be able to fly once again with someone who as you have previously stated is "a club person"
albeit with a buissness interest.

Thank you Sir..

if you think that the posting from elia on page 16 is a joke, look at the status at the bottom of the page and you will find that it says it is from FLORIDA.

I know elia personaly there is a bit of information in his posting which is personal and only a select few no the team he serports, his beloved MANCHESTER UNITED.

so please hold your hourese elia has got 2 sucsesful buiseness to run as well as shorting the aero club out. 6.500 miles and five hours time difference dose not help so cut the man some slack.

message to elia see you at the weekend just polished the corvette the little man :D

gt 500
 

I hear what you are saying B, you know the situation and somebody taking the mick would not help.

As I said no offence meant or intended

Another coat of wax on the "vette " ........


Cheers all

A bloody Man U fan!!!!!!!

Anyone else interested then????????

;)

Newcastle Aero Club
 

Gentleman:

Happy Eater - you told me you had a season ticket for Old Trafford!!!!! :ok:

Great news from Florida, hope that posting from Elia reassures a lot of people.

Who runs the second hand car lot?? (BW) :uhoh:

Cheers guys

M

Hey TJ....stop giving my secrets away. Just cos you've a box at the Stadium of Light!!

RE T J.
 

TJ is Nadia's stunt double !

Happyeater you spelt "LIGHT " wrong !!!!!

Work it out ..

FACT
 

hI GUYS,

WHAT ABOUT THIS GUYS.

WE ALL KNOW THAT WE HAD 22 MONTHS AGO OVER
415 QUID IN THE BANK AT THE CLUB, NOW WE ARE
IN THE HOLE FOR OVER 200 QUID,BIG TURN AROUND.

I JUST CHECKED OUT ON THE COMPANY'S HOUSE A VERY
INTERESTING DETAIL,THE "NEWCASTLE FLYING SCHOOL"
WAS FORMED EXACTLY 22 MONTHS AGO, WITH MRS KESETVAN
THE DIRECTOR,ALSO ALL OF THE DIRECTORS AND MEMBERS
HAVE RESIGNED,HINT HINT........

IT ALSO HAS THE SAME ADDRESS AS THE AERO CLUB, I WONDER
WHY CAN ANYONE EXPLAIN THIS IN DETAIL FOR ME AND ALL THE
MEMBERS.
QUESTION, WHY WAS THIS FORMED.????
DID ANYONE KNOW ABOUT THIS.?????
HOW WAS IT FUNDED AND WHO PAID FOR IT.????????

WHY WAS LITTLE WINGS AND NEWCASTLE FLYING SCHOOL FORMED CAN ANYONE TELL ME.
THIS IS A GOOD QUESTION TO ASK THE ADMINISTRATORS
WELL WHAT DO YOU ALL THINK.
PLEASE COMMENT GUYS.

ALSO GOOD LUCK Aussie, GOOD TO SEE YOU JUMPING THE MOUNTAINS,JUST SAVE THE CLUB, MATE.

HOPE TO CATCH UP FOR A BEER MATE.

REGARDS TO ALL

MIKE::cool: :ok:

Hold Foxtrot, I know, I know. I was sooooo tempted to put a 's' up front but, this is after all a public forum!

message for elia who the hell surpports man u and is buying a club in newcastle

ITS SHOCKING!!!!!!!!!:ok:

THANKS HOPE TO SEE YOU ON WEEKEND
FROM THE LITTLE MAN

Aero Club
 

Gentleman

I have already made the administrators aware of Miks's concerns as I had them myself months ago - they were VERY interested.

If there is a good reason behind it then nobody should have anything to worry about.

Nadia's double!!!!!! :ugh:

Cheers

M

Newcastle Upon Tyne Aero Club
 

Hello Members:

Elia: I sincerely hope all goes well this week for you, good luck mate, you are exactly what our club needs although I doubt Lister, Coulson, Butcher et al will agree, do any of those characters read PPRUNE?

Mike: Somethig stinks to high heaven regarding Little Wings... and The Newcastle Flying School Ltd registered at the same address as The Aero Club, and as Topjet has done I have already spoken to Mike Pott at RMT regarding my concerns, as well as numerous other "sensitive items".

Well , I heard the admimistrators wanted ALL the information so lets give it to them.

Good luck

BB

TOPJET973K

Many thanks for that :ok:

Once this whole affair is over I think that the ppruners should all get together and partake in some liquid refreshment. We may owe Elia one or two drinks - I really hope so PD;)

PD

noiseabatement,

Thanks to you to (our messages crossed in the post) :)

I was re-reading your last post and I totally agree with your final paragraph, I too have learned more about NAC in the last 2 weeks than I ever picked up in almost 10 years of being a member! My old teacher was right...........I must pay more attention.

PD

Newcastle Aero Club
 

Hi Gents.

Paris Dakar - Bang on mate, wear our PPRUNE username badges, I'll dress up as Nadia (Not!) then I will proceed to drink more pints of Northumbrian Smooth than Steve Marples drinks in a week and a good half a bottle of Jack Daniels then forward bill to a Mr E. Golfin!!! (Sorry Elia :ok: )

Lets hope we can or have something to celebrate soon and I think I echo the sentiments of ALL members who have posted to this thread.

Happy Eater - it's Blyth Spartans mate! :{

Good night folks.

M

I am not sure there is much, if anything, to say. I have opinions about how the club could have been run differently, but I know of of absolutely no evidence whatsoever that any of the people on the committee before me, with me or after me have committed any kind of offence or impropriety.

let me cast a little light on Littlewings. This is my understanding of the story.

Littlewings was originally called Crossco 167 Ltd; a standard form of company name issued to Dickinson Dees solicitors, who used to be at Cross House in the Westgate Road.

The company was incorporated on 4th Jan 1996, and immediately its name was changed to Littlewings (NAC) Ltd. IIRC the (NAC) bit was to differentiate it from the earlier failing Little Wings Engineering which had been an independent engineering firm based in the hangar. The new firm bought out the assets of the old Little Wings, at what many members thought was a seriously inflated valuation of its assets. There was a stormy AGM at the airport hotel about this. The Aero Club took the one issued share in the new company.

On the 2nd of August that year, feeling that the association with the name Little Wings was unhelpful, since some former customers had bad memories of that firm, the committee changed the name of the business once again to Newcastle Aero Engineering Ltd, the name it still holds. Some people continue to refer to the firm as Littlewings; a legitimate, if outdated misconception.

So there is really no mystery there.

AC became a director on 20 December 1995, and according to companies house has been one ever since.

When I was on the committee the business traded at a loss, but this loss was decreasing, and IIRC, it was felt that since it meant the club had control over its own engineering, and the promise of being able to control the fuel supply for the club planes, then this diminishing loss was a price worth paying.

Here\'s the statement of shareholders funds for the period ending on February 28 (or 29) for the following years:

2003 -106,398
2002 -66,886
2001 1,886
2000 -1,942
1999 -27,218
1998 -20,469
1997 -16,727

So, on 28 Feb 1997, the club was effectively giving the engineering firm a "credit facility" of 16.7k. By 2001, the business was actually worth £1,886 to the club; and heading in the right direction. But then it seemed to go horribly wrong.

On another measure, in 2001 the business had a retained profit of £3,828. the next year it was a loss of nearly £69,000 and in the year to 28/2/03 the loss was £39,500. No figures are available on my source for the year to 28/2/04, nor would I expect them necesarily to be available yet.

As I have said before, I think this turnaround is at least as likely to be due to errors of omission, rather than those of commission.

MIKE HALLS
 

Mike if you look a little deeper you will find that :
Newcatle Flying School Ltd is registered to an address in Ryton
I cannot remember where I found but will seek it out and post web
address..

TJ we love you really !! ( you did not think that one out)

New info :
Newcastle Flying School Ltd (04894515)
2 Ferdene
Holburn lane Court
Ryton

Inc 10/9/03
Last members list 10/9/04
Listed as non trading


Hope this helps HF (a )
ps I read the above post and if all the bills had been payed by
NAE to NAC would we be in the current situation
Do a director search on KL, interesting !!!




Regards All........