Your Pledge Matters:
Help Shape the Future of Hatherleigh Market
Please fill in the pledge form to show your support for this important community project. The minimum pledge is £100 for one share in the Community Benefit Society share scheme to buy the new market site for the community.
-
- A minimum pledge of £100 entitles you to become a member of the Community Share Scheme, where each £100 represents one share.
-
- If you would prefer to make a one-off donation instead of becoming a member of the community benefit society, you can make a donation of any amount to our crowd fund instead by going here: GoFundMe Crowdfunding page.
-
- Your pledge, together with other grants and sponsorship we receive will reduce the amount we will need to borrow to pay for the costs of the enhancements to the market building.
-
- You’re welcome to purchase multiple shares to show more support for the project, but please note the scheme operates on a one member one vote basis. Every member receives one vote irrespective of the number of shares held. This approach ensures equality and fairness in decision-making. Larger investments are valued and contribute significantly to our project, but do not bestow additional voting rights.
. - Further information will be supplied when we have prepared a share prospectus, but at this stage, we simply wish to obtain an idea of how much financial support the community are prepared to support the scheme with so we will have a better understanding about how much the community benefit society will need to borrow to fund the building enhancements and equip the market.
- You’re welcome to purchase multiple shares to show more support for the project, but please note the scheme operates on a one member one vote basis. Every member receives one vote irrespective of the number of shares held. This approach ensures equality and fairness in decision-making. Larger investments are valued and contribute significantly to our project, but do not bestow additional voting rights.
-
- As a shareholder in our Community Benefit Society, it’s important to understand the extent of your financial commitment. In legal terms, your liability is strictly limited to your initial investment (the money you paid for your shares). This means that should the society face insolvency, your financial responsibility does not extend beyond the amount you have initially contributed as a shareholder.There is no obligation nor requirement for shareholders to cover any further losses beyond their original stake. This limited liability is a fundamental principle, ensuring that your exposure to financial risk is capped, protecting your personal finances beyond your initial investment.