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Project: Dispossessed

Evidence Item Register

From dispossession to governed ownership, investment and recovery. Project Dispossessed is a PHC-governed commercial project using the Croyde Bay Holiday properties as its founding case. Its immediate purpose is to determine whether the properties can be acquired and operated sustainably through a dedicated investment and operating vehicle, potentially combining a substantial principal investor with a defined number of smaller co-investors.

The project will explore appropriate alignment with remaining legacy owners while building an evidence-based acquisition, investment and operating proposition. PHC Service provides the independent governance and project-health layer. A separate directory of independent specialist services and a free lessons-learned resource extend the project’s value without conferring investment, appointment or preferred-provider rights.

earliest 16-Jul-18
latest 08-Sep-26
Clear
ID Date Title From To Status Map Atts Actions
22 2026-09-08
(08Sep26) 		[Receiver's Agent] Response to Approach to the Business Renting the Properties
[Receiver's Agent Contact] of [Receiver's Agent] Real Estate Limited confirms appointment of [receiver1] and [receiver2] as joint receivers over Croyd...
[Receiver's Agent Contact] - [Receiver's Agent] (Receiver) David Winter Confirmed 📎R

Evidence Item Details

Item ID #22 Document Type Email
Title [Receiver's Agent] Response to Approach to the Business Renting the Properties
Subject Line Re: Please escalate to management – Croyde Bay property rights
Reference #
Document Date 2026-09-08 Received Date 2026-09-08
Importance Medium Confidentiality Internal
From [Receiver's Agent Contact] - [Receiver's Agent] (Receiver) To David Winter
Status Confirmed

Narrative & Assessment

Summary [Receiver's Agent Contact] of [Receiver's Agent] Real Estate Limited confirms appointment of [receiver1] and [receiver2] as joint receivers over Croyde Bay Holiday Cottages. Ownership remains with [Property Owner]. Receivers act as agents for the owner, appointed by secured creditor. Assured Hotels involved in management. Receivers not appointed over Croyde Bay Holidays Limited or Croyde Bay Holiday Ownership Club assets. Issues with timeshare business should be directed to [Property Owner] or relevant entities.
Project Significance Clarifies the role and authority of joint receivers in property management. Distinguishes between property receivership and timeshare business. Identifies key parties involved in property and timeshare management.
Evidence Assessment Email provides clear delineation of responsibilities and authority. Confirms receivership scope limited to property, not timeshare assets. Indicates collaboration with Assured Hotels for operational management.
Outstanding Questions What specific actions are the receivers taking in managing the property? How is the relationship between the property and timeshare business structured? What are the implications for timeshare certificate holders?

Original Content

Dear David

We have been passed your email by Assured Hotels. Thank you for your email.



To confirm, [receiver1] and [receiver2] of [Receiver's Agent] Real Estate Limited have been appointed as joint receivers over certain property comprising the Croyde Bay Holiday Cottages site. To clarify, the joint receivers do not own the property (it is owned by [Property Owner]) but have taken control of the property and act as agents of the owner. This measure has been taken by the owner’s secured creditor. The receivers are working in conjunction with Assured Hotels to manage and operate the Croyde Bay Holiday Cottages site.

In terms of the original certificate holders, we understand you are referring to the holiday timeshare business operated by the Croyde Bay Holiday Ownership Club in coordination with Croyde Bay Holidays Limited. To clarify, the joint receivers are not appointed over the assets of Croyde Bay Holidays Limited nor the Croyde Bay Holiday Ownership Club. Any issues pertaining to the holiday timeshare business should be directed to [Property Owner], Croyde Bay Holidays Limited and/or the trustees of the Croyde Bay Holiday Ownership Club and we are therefore unable to comment further.

Kind regards

Tom

Entity Relationships (CLAMPED)

Evidence Timeline

  • 🔹 Created: 2026-09-08 09:36:54
  • 📩 Received: 2026-09-08
  • 📅 Document Date: 2026-09-08
  • ✅ Current Status: Confirmed

Attachments

📎 Attachments hidden (content restricted)
21 2026-09-04
(04Sep26) 		Approach to the Business Renting the Croyde Bay Properties
David Winter, an original Croyde Bay timeshare certificate holder, raises concerns about the marketing and rental of Croyde Bay properties by Assured ...
David Winter Assured Hotels Ltd Confirmed 📎

Evidence Item Details

Item ID #21 Document Type Email
Title Approach to the Business Renting the Croyde Bay Properties
Subject Line Please escalate to management – Croyde Bay property rights
Reference #
Document Date 2026-09-04 Received Date 2026-09-04
Importance Medium Confidentiality Internal
From David Winter To Assured Hotels Ltd
Status Confirmed

Narrative & Assessment

Summary David Winter, an original Croyde Bay timeshare certificate holder, raises concerns about the marketing and rental of Croyde Bay properties by Assured Hotels Ltd. He requests escalation to management to discuss unresolved property rights and interests. Seeks contact with the responsible management for clarification on rental operations and income handling.
Project Significance Highlights potential legal and commercial issues with Croyde Bay property rights. Indicates possible disputes affecting property management and rental operations. Suggests need for clarity on rights of original certificate holders.
Evidence Assessment Email indicates unresolved disputes over property rights. Suggests lack of communication between certificate holders and current operators. Raises questions about the legitimacy of current rental practices and income distribution.
Outstanding Questions What is the legal status of the original timeshare certificates? How are the rights of original certificate holders being addressed? Who is managing the rental operations and income? What steps will be taken to resolve the dispute?

Original Content

Dear Sirs,

I am one of the original Croyde Bay timeshare certificate holders and have become aware that accommodation at the Croyde Bay properties is now being marketed and rented through your operation, including under the original property names.

There remains an unresolved dispute concerning the rights and interests associated with these properties.

Please therefore pass this email to the person responsible for the management and legal/commercial operation of the Croyde Bay Holidays rental business.

I would like them to contact me so that I can establish:

The basis upon which the properties are currently being offered for rental;
Who is responsible for the operation and receipt of the rental income; and
How the interests asserted by the original certificate holders have been considered.


At this stage I am simply asking to establish the appropriate management contact rather than asking the bookings team to answer those questions.

Please confirm that this has been forwarded.

Best regards,

Entity Relationships (CLAMPED)

Evidence Timeline

  • 🔹 Created: 2026-09-08 09:29:55
  • 📩 Received: 2026-09-04
  • 📅 Document Date: 2026-09-04
  • ✅ Current Status: Confirmed

Attachments
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