Membership Agreement

Training and Apprenticeships in Construction Ltd (TrAC), Company Registration Number 07913006, is a company limited by guarantee.  It does not have shares or shareholders but instead has members who support the objects of the company which are as follows:

Working predominantly but not exclusively in the construction, engineering and allied trades:

• to employ a pool of apprentices whilst they undertake apprenticeship training with approved training providers, hiring out each apprentice to work with local contractors and on appropriate projects for specified periods of time;
• to provide management of work sourcing and placement of apprentices for non-members, members and their supply chains;
• to provide pre-work training and pre-apprenticeship employment to potential apprentices, including employability and vocational training; and
• to identify and manage appropriate work placement opportunities for pre-employment purposes.

The day-to-day management of TrAC is carried out by the directors, but by becoming a member you will be entitled to:

• attend and vote at general meetings; normally one meeting per year, called the Annual General Meeting or AGM, and you will be given at least three weeks' notice of the place and time of the meeting. We may also need to call other general meetings in exceptional circumstances;
• receive the annual accounts of the company; and
• vote on any fundamental changes to the nature of the company, its name, its purposes, and reinvestment of any surplus.

By completing this form you agree that:

• In the event that the company is wound up, you will pay £5 to the company - this is the limit of your 'guarantee' as set out in the Memorandum of Association.
• You will make a membership donation of between £0 and £1,000 which will be invoiced at the date of signing this agreement and is payable within 30 days. (Rates are dependent on the size of the member) 
• You will not be entitled to receive any dividend or other income from the company.
• You will not be liable for any debts of the company.

Costs: 

• Micro entity membership donation £0 – annual turnover of no more than £632,000, a balance sheet total of no more than £316,000, no more than 10 employees.  

• Small company membership donation £500 – annual turnover of no more than £6.5 million, a balance sheet total of £3.26 million, no more than 50 employees. 

• Medium sized company membership donation £750 – annual turnover of no more than £25.9 million, a balance sheet total of no more than £12.9 million, no more than 250 employees.

• Any other sized company - Membership Donation £1,000