Monthly Archives: January 2014

We've started recruiting

We’ve started looking for the key staff who will be employed to run the Tally Ho when it re-opens. We’ll need a landlord or landlady, and a chef, and you can see our advertisement on the government’s jobsearch website. So if you’d like to run the Tally Ho, or you know someone else who wants to, please have a look at the advert and get in touch !

We've lowered our target

We originally set our fundraising target at £350,000 when we launched our share offer on 1st May last year. That was based on the advertised price of £325,000 for the Tally Ho, together with an allowance for legal fees, and start-up costs.

Now that we’ve agreed a purchase price for the Tally Ho that’s considerably lower than the advertised price, we’ve realised that we’re not going to need all that money so we’ve lowered our target to £300,000. That’s good news because it immediately bumps up the bubbling pub-o-meter at the bottom of every page of this website. It’s definitely a glass more than half full now ! It good news for our existing investors too, who immediately own a larger share of the Tally Ho.

We’ve also extended our share offer again, to the 31st March, so you can still buy shares, and still benefit from the Enterprise Investment Scheme. Our Share Prospectus has been updated to show the new target and closing date.

Yet another new face on the management committee

LCPL’s management committee co-opted another new member at its last meeting. You can read a little about Roy Collings on our Who we are page, but what that won’t tell you is that Roy’s an enthusiastic member who’s made lots of constructive suggestions to help take the Tally Ho project forward. He’s keen enough to see the Tally up and running again that he’s prepared to travel all the way from Salcombe to help.