Terms & Conditions
Crowdscrum purposefully seeks to describe clear terms for trading, because the service that our crowdfunding portal offers is transparent and unambiguous to interested parties on its activities and role. However, for peace of mind please find the common terms below.
Unlike traditional, ‘all or nothing’ websites, Crowdscrum believes that a lot of hard work and perseverance goes into every campaign, and so whatever is realised on completion is reinvested back to the Beneficiary Organisation as stated on the Application Form submitted, normal within 14 days of closure, with the only deduction a maximum 10 percent that represent the costs of Crowdcrum’s support and remuneration by way of contribution to professional fees, and includes all fees we incur for processing payments by PayPal.
Forecasts and recommendations in any Crowdscrum campaign are made in good faith and on the basis of the information before the Company at the time. Results must depend among other things on effective co-operation of the Applicant and the Beneficiary Organisation’s staff. In consequence, no statement in any communications (be they written or implied) is a representation, undertaking, warranty or contractual condition. The Company shall not be liable to the Applicant and/or Beneficiary Organisation for any losses which were not reasonably foreseeable on acceptance of an Application or for any indirect or consequential losses including loss of revenue, expected profits and claims by third parties.
Crowdscrum retains all copyright and editorial rights associated with materials and creation of this campaign, less any photographs or images (excluding video) that is provided by the Applicant and/or Beneficiary Organisation. We do not make any promises as to the truth, accuracy, integrity, quality or completeness of the content or information that appears on Crowdscrum and you should not rely on it being accurate, truthful or complete.
It is expect and assumed that the Applicant and/or Beneficiary Organisation has received all necessary consents such as parental consent and use of photographs, images and videos as the responsibility rest firmly with them. The Company shall not be liable to the Applicant and/or Beneficiary Organisation for any losses which were not reasonably foreseeable on acceptance of an Application or for any indirect or consequential losses including loss of revenue, expected profits and claims by third parties.
As PayPal is presently our main payment option you agree to be bound by the following Terms https://developer.paypal.com/webapps/developer/docs/classic/lifecycle/crowdfunding-uk/ Specifically:
“When offering rewards you must:
List the type of rewards you’re offering in exchange for each donation amount.
Include a disclaimer on your campaign site and marketing material that you will make a best effort to provide the reward but delivery is not guaranteed.
Please note, however, that as per section 2.5.1 (b), [Applicants and/or Beneficiary Organisations} are expected to deliver all Rewards which are offered to Backers.
Crowdscrum does not cover regulated investments. Thus, in need not be compliant with Financial Conduct Authority. There is no requirement to adhere to the Financial Ombudsman Service or the Financial Services Compensation Scheme. The Site does however comply with ethics and protocol of its parent company’s track record and reputation in trading. We are not liable for any aspect of PayPal’s service.
Crowdscrum is not responsible for issuing refunds to any backers. Any contentious issues or disputes must be raised with the Beneficiary Organisation direct.
If any part of these Terms is found to be unenforceable as a matter of law, all other parts of these Terms will not be affected and shall remain in force.
Any disputes or claims between us arising out of or in connection with these Terms or any contract made under them (including non-contractual disputes or claims) are governed by and construed in accordance with the law of England and Wales.