European Bike Polo Championship! London?

Charities have a greater fiduciary burden than LLCs, at least that's my impression, after having looked into the question when I was with the London Bicycle Messenger Association.

Running a charity is more complex, this is true, but there are benefits to this. Namely that you can reclaim Gift Aid (+28% on donations) and you don't have to worry about corporation tax (assuming you're playing by the rules). Whether or not the extra effort is worth it will be discussed at some point.

Also, as the LCEF is NOT a registered charity, any polo charity would not be able to give funds to it.

I discussed this with one of the technical bods at work and they said that relief of poverty is a genuine charitable activity. If LCEF came to us and said "so and so got hit by a car, he lives in a squat, has no savings and for whatever reason can't go on the dole" we could give him a bit of money - although someone would have to be in a bad way for us to be able to do that.

If we want to think about it a bit more seriously, I'll pick the brains of someone in the Charities department at work.