Project Update – 19th October

Thank you to all who have already pledged to buy shares, make a donation, be a corporate sponsor or offer a loan. So far following only one community event YOU our community has pledged £52,000. Amazing….

This is a great start but there is still a long way to go, so if you haven’t managed to respond yet, here is a link to the response form.

Our official Share Issue will be in early 2021 and further information about this process will be made available nearer the time.

Our application to register our legal entity in the form of a Community Benefit Society has been filed with the Plunkett Foundation and will be registered with the Financial Conduct Authority. This is a big step. Once the CBS is in place we can apply for a bank account.

We have been finalising our business plan and this will be an essential tool in our forthcoming applications for external grant funding. We have identified 3 charitable trusts to whom we will be applying within this calendar year.  

We are also exploring building options and hope to have some sketch plans available later in the year. Rosie will be working with us on layout and giving us her significant insight into how a village shop works. Sean continues to share financial data with us which is really helpful.

Sara Cremer who is relatively new to the village has joined our team. She has extensive marketing experience and her input into this project will be invaluable. We will be looking at additional fundraising/community events to increase awareness of the project throughout our community.

Many thanks again for your support and encouragement.