News

Fabric fund to be used to "help other worthy causes within the industry"

The club has released a new transparency statement

Fabric has stated that it will use what's left in the #saveourculture fund to "help other worthy causes within the industry".

In a new transparency statement made today, the club acknowledged that there would be leftover money in the fund and that it would be put to good use, including toward a project by fabric's barrister, Philip Kolvin QC, that is pursuing licensing reform.

The club has used some of the #saveourculture fun to pay for legal fees and promotional items, such as T-shirts and web development, but as it settled its licensing appeal out of court, a large amount of the money raised remains intact.

Fabric also confirmed that it had given representations to the House of Lords Select Committee on the Licensing Act 2003, coming good on its promise to fight for the rights of venues.

The latest transparency statement was used to give a full statement on the outcome of fabric's agreement with Islington council Licensing Authority as well as thanks to the grassroots movement that campaigned to keep the club open.

There was also a section devoted to 'The Future', which you can read in full below.

*Now we have reached this positive conclusion of our case, we will be closing donations to the #saveourculture this Wednesday 23rd November at 5pm. We envisage having a substantial surplus due to the overwhelming support that’s been shown to us and these residual funds will be used to help other worthy causes within the industry, including Philip Kolvin QC’s pursuance of licencing reform which is he currently championing. We will look to report on this in our final Transparency Statement.

If you donated, keep an eye on your inbox as we will very shortly be inviting you to cement your part in fabric’s history and be part of a piece of artwork we are creating to install in the club.

As we have previously reported, we were invited to submit representations to the House of Lords Select Committee on the Licensing Act 2003 as to the difficulties faced by licensed premises. Our representations can be read here. We’ll keep you updated on progress of this work which the #saveourculture fund is making possible. Through this action we are seeking to protect other venues from having expensive legal proceedings brought against them until every other avenue has been exhausted. Closing a premises should be a last resort and this is what we are still working towards.

We are now looking forward to the future and being able to open up our club again. We’re fixed on that moment that we turn the sound system back on and reunite the fabric family in our disco to engage in enjoying the world class music of our residents and family of artists. This is what it has always been about – being able to share in these experiences, together. We hope to see you back in EC1 very soon.*

More news when we have it.