East Boldre Community Stores
Share Offer is Closed!
Target £225,000 reached!
This was a challenging target but, thanks to the generosity of local people, it has now been achieved and is closed, a measure of how our community value keeping the shop and Post Office.
We will be contacting our investors shortly.
Full details of this community share offer are in our prospectus at the bottom of this page.
DONATIONS
We still have a long way to go on our fundraising. You can contribute to the project by making a donation. You can make payment by cheque to bank transfer as described below.
Please note: Unlike shares, donations do not confer membership rights (attendance and a vote at members meetings), are not eligible for Social Investment Tax Relief and are not returnable.
A HUGE THANK YOU!
The EBCS management committee are hugely grateful and inspired by the way our whole community has rallied to support our project through the share offer.
There's still a lot to do but this success is a fantastic start to our fundraising.
Payment:
Payments should be made to:
East Boldre Community Stores Limited,
Sort code 08 92 99, Account number 67217344
Please use your initial and surname /company name in the payment reference.
Alternatively you can send us a cheque with your completed application form:
Made payable to "East Boldre Community Stores Limited"
Community Share Offer, Dane End, Heath Lane, East Boldre, SO42 7WF
Please write your name and address on the back of the cheque.
Social Investment Tax Relief (SITR):
HMRC have pre-approved of our share offer for SITR. Depending on your tax circumstances, you could be eligible for 30% of your investment back from the tax man! Members will be able to reclaim this through their tax return once the shop and Post Office have been trading for 4 months.
Shares cannot be transferred and will not earn dividends but they are withdrawable after three years, once the shop's trading surplus allows.
Social Investment Tax Relief does not apply to donations.
Approval of Share Offer Applications:
To be considered valid all applications must comprise a completed application form (paper version or online) and payment into EBCS's account by either cheque or bank transfer so that the payment is traceable.
Now that the share offer has closed the management committee are reviewing all of the applications received and reserve the right to reject applications with no obligation to provide a reason. For example, this may be because the share offer is oversubscribed or the application was not completed correctly. Payment would them be returned in full to those investors.
