Share Offer An exciting opportunity to invest in a project at the heart of the Lesbury Community, Northumberland, through the creation of a community-run village shop
Our Community Share Offer ended on 24 April 2023. We are delighted to say the response from the community was excellent, with 140 shareholders purchasing a total of 44,300 shares in the community shop!
This means we raised enough money to re-open the shop, and crucially, shows the level of your support for the venture. This is of vital importance to our plans to maintain the village Shop as a successful business and Community benefit.
The documents we prepared to launch the Share Offer (explaining what the Share Offer is, how it works, how your money is safeguarded and how we plan to use it to develop the Community Shop) are still listed below for you to download and read at your leisure.
We held a formal launch of our Share Offer on 22nd March 2023. You can view the presentation from that evening here.
Shareholders received their share certificates during May 2023.
The following documents were prepared for the launch of our Share Offer. We thought it might be helpful to leave these in place for the moment, in case anyone wants to refresh their memory of the details.
Share Prospectus This Share Prospectus:
Outlines the proposal for Lesbury Community Shop Limited
Provides information on Lesbury Community Benefit Limited as a Community Benefit Society
LCSL Approved Model Rules The Plunkett Foundation is a national charity that supports rural communities across the UK to tackle the issues they face through community business. Community businesses are enterprises that are owned and run democratically by members of the community, on behalf of the community. The Plunkett Foundation has supported more than 600 community businesses - shops and pubs, farms and woodlands and everything in between (including ourselves) - to reach trading stage across the UK. Our Model Rules, governing how we operate, are based upon Plunkett's tried and tested formula.