We are delighted to announce we have had official confirmation of a £300,000 grant which is being awarded by the Big Lottery Fund, through Power to Change, in order to allow us to purchase the shop as a community shop.
This is Power to Change's maximum grant and demonstrates that it is not only use that recognises the value that retaining a village shop has by making it a community shop.
The grant providers were particularly impressed with the amount that the village had pledged through community shares to date & this demonstrates what a group of generous local people we have who will really make a difference to their community in 2017.
There is some further good news in that the team have received confirmation through an Advanced Assurance Certificate that the scheme will be under SITR (Social Investment Tax Relief)
We will communicate further shortly but one of the next stages in the process will be to issue a formal share prospectus to everyone who has pledged to date - exact timings of this are determined by other processes that have to be navigated through. The team will update everyone as soon as they know when this is going to be & a launch event will be organised.
There is still opportunity for anyone who hasn’t pledged to date, to be involved in the share issue by contacting us through the website.
What an exciting year 2017 is going to be!