Loch Rannoch Highland Club Forums

LAMO003

Would you rather have the meeting at hotel if available on an ongoing and regular basis?

LAMO003

The newsletter once again missed a massive opportunity to be fully transparent with the owners.
This reluctance will be highlighted in the next few months I reckon and some big decisions to come, if not already?

LAMO003

Yippee, a newsletter that gave information on sales and rentals, BUT could it be considered economical with the truth?

LAMO003

I was advised that the number of lodges NOW under club ownership would be made available to ALL owners. I had also enquired as to how many lodges had been returned to club since 01/07/23 as this was the start of the club financial year , and once you factor this into calculations, it will give a tru...

LAMO003

I pointed out in an email to Club accountant prior to AGM that our wage bill was dangerously high in relation to the overall income we have. It was on a par with having bar/ restaurant facilities and in my opinion,unsustainable. I also discussed this with accountants who specialise in hospitality be...

LAMO003

You have hit the nail on the head. Some as I have said previously " are legends in their own minds" and don't realise the power of sharing information and when the time is right to share that information. There has been more than sufficient time to share and now there will always be an ele...

LAMO003

Unfortunately due to the lack of up to date, truthful and transparent information, owners do not have any idea as to how their hard earned money has been used or abused over the years. We are now 9 months into the financial year and all we know is that owners are to pay a 5 year levy to upgrade cert...

LAMO003

Failure, and this is all owners can assume is the case with the lack of information, is hard to admit.

LAMO003

LAMO003

And still we await something of substance which could be an inspiration and show that sales are a success which would be good news for owners.

I was expecting a rabbit out the hat?

LAMO003

I agree with you Ray. If Glenrannoch had been sold at the right time when first suggested, it would undoubtedly have made a dent in the refurbishment cost, but real costs and figures were sadly lacking which has become a common theme. The longer there is a delay in sales figures, the bigger the conc...

LAMO003

If my memory serves me right there was a hint that the sale of Glenrannoch House could be on the agenda again which in my opinion is the admittance of a past mistake. Also in the absence of the sales information requested for the benefit of all owners giving a fully transparent breakdown this would ...

LAMO003

I agree with all the comments.

Out of interest how do owners feel about having the Monday meetings at the Dunalastair, when we could easily have within a very short walking distance at Hotel?

LAMO003

29 lodges sold in 5 months was the proud boast at Agm. There was further comments made that if things continued along same lines it could reach 100. What wasn't said was how many lodges have been returned. I wonder what the real figure is? Another noticeable comment was on rental income and it would...

LAMO003

Social media, especially sites such as trip adviser and booking.com are where most visitors to our beloved "timeshare" club leave reviews. It is also the 2 sites where those who may be considering a visit to the club would no doubt be viewing. But I can't help, but think we are missing a m...

LAMO003

Once again a missed opportunity in the Feb newsletter.

Why is good news on sales so difficult to circulate?
It would be good- using the new buzz word by AI- engaging and informative.

LAMO003

The Feb newsletter hopefully contains exciting and promising news and a breakdown on sales?

LAMO003

Now almost one month since a simple question was asked in regards to the number of owners we now have at the club and on number of sales with no reply whatsoever. It's such a struggle to answer questions and be transparent despite earlier AI suggestions it would. I'll make it easier now and ask anot...

LAMO003

Hi John, Your reply will be much appreciated by many. However the simple questions I had asked about number of sales and whether the magic number of 173 was owners or Units remains a mystery. As we are fully aware some owners, including some on committee have more than 1 lodge and if we were to reca...

LAMO003

There is a total lack of human understanding and empathy in so many of the answers and the lack of proper replies to straightforward questions only highlights a lack of transparency that is so required in order to achieve more than 173 votes at future AGMs.

LAMO003

I had hoped I was wrong, but it definitely appears to be that the simple questions are the hardest to answer?

LAMO003

Hi Richard and Ai, I wasn't too sure if a seafarer, Eric Cantona or Picasso was responsible for this reply. Glad there was no mention of seagulls or sardines! But it still does not answer simple questions. Was it 173 owners or 173 weeks? There are certain members who have multiple weeks who may have...

LAMO003

Dear Richard, In your response you have stated 173 owners voted at the Agm. Let's assume this is based on ownership and not weeks as there are owners with multiple weeks, this would mean that only 120 owners out of at least 2500 voted in favour of this levy. This is only 4.8% of total ownership usin...

LAMO003

Dear Richard, You are correct in saying it is a fixed income fee of £120,000 which if I am correct is reviewable after 16 months. So if there are more owners this would reduce what existing owners would have to pay? Its simple arithmetic and if more owners are paying £48 eg 250 new owners in additio...

LAMO003

How many owners actually voted on the levy in the first place is something that was missing at the Agm. A percentage was given, but no numbers. Why not? Personally, i think when owners were asked to pay £25, 3 years ago, it could be suggested this was almost akin to an introductory fee, which is wha...

LAMO003

On your last point I cannot disagree. John, in my opinion has been a safe pair of hands in what has been a pretty faceless committee in the past few years. Again and I repeat for very good reasons, some should not be there and from what I seen and have been told about AGM, my opinion has not changed...

LAMO003

There was talk about disclosing the number of proxy votes and how they were administered a few years ago in a fair manner, but I honestly don't know if this has been addressed. If you look at results of AGM there is a lack of true transparency. In the past the minutes provided both percentages and n...

LAMO003

One man's truth is another man's ( the club in this instance) folly. In the same way there is a very thin line between arrogance and confidence and this motion is verging on arrogance taking advantage of loyal owners who are not party to the true cost of how their money has been spent/misspent. It i...

LAMO003

This vote is not unlike Brexit. If it was run again and provided the proper background information it would more than likely fail. I was speaking to an owner yesterday who did not participate in the AGM or the voting, but was aware of the levy, which was a failure on their part, and when I said to t...

LAMO003

There is more deadweight at this club than just the studios/ apartments or Glenrannoch House. Too many have taken advantage of this Club- not the owners, over the years and yet owners continue to pay the price for the illusions of grandeur by some, fanciful ambition and the lack of a realistic visio...

LAMO003

From 30/06/24 a 2 bedroom non refurbished( until 2029/30)will cost at least £770 per week. Last year it was £643 and if you include up to 10% increase, the levy, a potential increase on leisure fees and not forgetting good old vat which could take it even higher it would mean highland lodge owners p...

LAMO003

The number of tenants at Glenrannoch House was always a bit cloak and dagger similar to a lot of the other information or misinformation disclosed to owners in the past few years. Someone thought they could make a profit out of a building which has cost us- the owners a fortune over the years and wi...

LAMO003

As I have suggested after reading the newsletter which included information from chair, the GM and accountant, I felt it was glaringly obvious there was an agenda to push this levy through no matter what. The accountant himself made again,in my opinion a statement which was a get out clause. I am st...

LAMO003

Was it AI response?

LAMO003

The bigger issue that has been ignored is the real cost of refurbishments. £90,000 is a fantasy cost as it does not appear to include labour, cost of the loss of rental income or the cost of re- accommodation of those owners impacted. I thought this type of poor planning and fiscal tomfoolery had be...

LAMO003

Now that there has been the return of a blast from the past I would expect at least 2 committee members to resign after the things they have said about this particular person. If they don't then unfortunately it will prove they have no morals or principles. Oh and watch the fees go up too. I reckon ...

LAMO003

Hi,

I don't unfortunately, but I would have hoped/expected they would have been posted on this forum by now, but hey ho, no surprises there.

LAMO003

Is the lodges shown on the Club website club lodges for sale only?
OR
Does it also include owner lodges for sale?

If it is both sales criteria what is the split in numbers?

LAMO003

From what I heard so far which was the result on a contentious motion, the levy was passed. With 64% of studios and apartments for sale on club website,and this does not include those who are selling privately or don't turn up, this is without doubt a turning point for the club and an easy exit stra...

LAMO003

A simple yes or no is suffice for a legitimate question please?

LAMO003

Now that we have what is classed as the " detailed accounts" which is another word for creative accounting, it is becoming obvious that rentals is not producing the profit expected. The accounts do not make sense and with depreciation increasing by £130,426 for last year and capitalisation...

LAMO003

Hi Ronnie, Your post is an empassioned plea for this levy to be reconsidered and postponed highlighting many of major mistakes made, not just by the accountant, but by the committee and the GM. Unfortunately this club, in particular, the owners over many years have suffered and had to endure many ba...

LAMO003

The motion proposed on the levy should be suspended to such times when all owners are provided with all the facts, not assumptions at a future date OR committee put forward another motion to consider the sale of studios and apartments. To have those 2 motions at same time enables a more balanced vot...

LAMO003

It was an opportunity to highlight if having new sales structure was proving a success.

What is a concern for me is that as a Club, we have in last few years been very quick to celebrate success, but in this instance?

LAMO003

I am not against EV as such, but we have a Rav 4 which only a chosen few appear to drive. This flagship vehicle is akin to a status symbol and in my opinion will be expensive to lease and in reality, a non asset unless it can be proven otherwise
The actual vans used in site are a necessity.

LAMO003

I have read the accountants reasoning behind the levy and it is glaringly apparent, the eventual outome is flawed on many different levels. The refurbishment options summary is contrived on every level. It is based on a 5 year plan prepared by one person, maybe with the help of others without approa...

LAMO003

This info was sent to the accountant for their input. Is this the same accountant who said everything was fine and dandy? In the absence of accounts it is difficult to make a decision whether this is the right path to solvency. There has been too much of " spending owners funds" for the wr...

LAMO003

Any update on sales would be useful?

How they manage to get the sales and the sources would be useful?

What income we make from the sales is paramount?

Will it improve the positive effect of the balance sheet or offset the negative will be interesting?

LAMO003

The bigger problem with the sales is how they were measured. If someone swapped a lodge they were at one time classed as as a sale. Your question is a good one and I, for one would be interested in this. What I do know is that there has been no real focus on sales, till now,preferring to focus on re...

LAMO003

Having a lazy Sunday and decided to do a bit of counting. There are 512 studio and apartment units for sale on the club website. And this is the ones we know about. It would be interesting to know how many lodges have been sold since sales position filled, however that may be putting a man in the jo...

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