Cowes Enterprise College’s Principal says she is yet to receive a payment after loaning out the school site for Island Con last month (October).
As reported by Isle of Wight Radio earlier today (Thursday), the company behind the event has ceased trading, citing large financial losses.
Cowes Enterprise College Principal, Rachel Kitley told Isle of Wight Radio:
“In times of educational austerity schools must proactively seek additional funding and the money we have not been paid by Island Con had been set aside to buy additional text books for our students. These educational resources can now not be bought and Isle of Wight students will directly be penalised.”
In a statement released this afternoon Alliance Conventions said:
“REMAINING OWED CREDITORS WILL HAVE PAYMENT PLANS SET UP WITH THEM AND WILL BE CONTACTED BY A COMPANY REPRESENTATIVE. ANY OUTSTANDING CLAIMS CAN BE TENDERED TO ALLIANCE CONVENTIONS THROUGH THE OFFICIAL INSOLVENCY CHANNELS ONCE THAT PROCESS IS TAKING PLACE AND PUBLICATION MADE TO THE GAZETTE.”