Woodlands Social Club is set to be placed into voluntary liquidation at a special meeting of members on June 22.

Notice of the meeting, which will take place at 7pm, has been given for members to hear the committee’s proposal to place the club in voluntary liquidation.

The club closed at the beginning of May due to crippling debts of around £150,000, which includes around £80,000 owed to the Inland Revenue.

Resolutions will be considered at the meeting to nominate a liquidator, agree the basis upon which they are to be remunerated.

Members will also be asked to agree the amount to be paid in respect of the costs of assisting the committee in preparation of the statement of affairs as well as those of convening the meeting.

The club ran into financial problems two years ago when it applied for a loan to pay of some debt only to discover that the limited company behind the club had been dissolved in 2009.

The lack of a limited company meant the club no longer owned the building in which they were based, on Woodlands Park, and had no assets to set the loan against.

A new limited company was registered with Companies House in 2013 with solicitors looking to transfer the club’s assets to the new company without success ever since.

Club members wishing to vote at the meeting must lodge their proxy, together with full details of their claim, no later than midday on June 22 at Monahans, 38-42 Newport Street, Swindon, Wiltshire SN1 3DR.

Steve Elliott, of Monahans, will furnish a list of names and addresses of the club’s creditors which may be inspected, free of charge, at Monahans, between 10am and 4pm on the two business days preceding the date of the meeting.

For further details contact Steve Elliott on 01793 818300, or email: steve.elliott@monahans.co.uk