latest news
Shareholders' meeting
Shareholders' meeting
LATEST NEWS ITEMS
- The Financial Conduct Authority (FCA) has approved our request to expand our Management Committee.
- As a result we have been able to co-opt Ade Povey, Red Hocken, and Ros Burridge.
- Plans are now under way for up-coming events:
- Our 5th Birthday (18th April);
- A table-top sale (7th June);
- Our next Quiz Night (12th July);
- Our next wine-tasting evening.
Shareholders' meeting
Shareholders' meeting
Shareholders' meeting
COMMUNITY SHOP SHAREHOLDERS LEARN THAT MEMBER FUNDS HAVE HAVE RISEN BY £57,000.
This year's Annual Members' Meeting, held on Wednesday 17th July 2024, were given a detailed financial update by our Treasurer, Bob Smith, whose co-option to the Management Committee was confirmed by a unanimous vote.
While trading profits were hit by the mas
COMMUNITY SHOP SHAREHOLDERS LEARN THAT MEMBER FUNDS HAVE HAVE RISEN BY £57,000.
This year's Annual Members' Meeting, held on Wednesday 17th July 2024, were given a detailed financial update by our Treasurer, Bob Smith, whose co-option to the Management Committee was confirmed by a unanimous vote.
While trading profits were hit by the massive energy price increase, resulting from the Ukraine war (rising from £500 in 2022 to almost £5,500 in 2023), the shop still made a profit.
Total cash balances were £43,180,180 as at 31st January 2024, an increase of £8,520 in the year, with member funds having risen to £57,000 since launch.
The thirty members attending voted unanimously to:
- Confirm the election of Bob Smith to the Management Committee;
- Disapply the appointment of an auditor for accounts to 31st January 2025;
- Approve the appointment of a qualified auditor's report.
If you are already one of our 160+ shareholding members, we hope that you'll join our operations by picking up a volunteer form in the shop. If you're not yet a share-holder, we very much hope that you'll become a member by picking up an application form in the shop or clicking on the share-issue page on this website.
Volunteering is a wonderful way of making more of your life and more of your engagement in our community.
We don't just need volunteers to serve at the till: if you could spare an hour or two to check on use-by dates or help with weekly orders to our suppliers, that would make a massive difference,
Shareholders' meeting
THE NEW SHOP IS A SUCCESS!
The new shop-shell is complete, and we've been trading in the new building for three months.
We've paid the more than £66,000 cost of converting that bare shell into a fully equipped shop with money we've raised from share-sales, grants, and trading profits.
That means that we have had to reduce our working capit
THE NEW SHOP IS A SUCCESS!
The new shop-shell is complete, and we've been trading in the new building for three months.
We've paid the more than £66,000 cost of converting that bare shell into a fully equipped shop with money we've raised from share-sales, grants, and trading profits.
That means that we have had to reduce our working capital reserves, but trading in the new shop has seen an increase in sales of about 15%.
If you are not yet a shareholder, please go to the share-issue page on this website to apply - or pick up a share-application form in the shop,
Meanwhile, the shop continues to trade at a profit - wholly due to our wonderful volunteers - and provide a vital community service to the village, including the monthly "Sausage Sizzler" events on the last Saturday of every month (10am to 12 noon).
The Community Shop’s greatest need, however, is for more volunteers to join our team. This will enable us to expand our opening hours. We need people who can spare an hour or two in the afternoons on Mondays, Tuesdays, or Wednesdays: full training will be provided..
We also need volunteers who’re happy to spend the odd hour in checking the “best-before” dates on the items on our shelves. There is no better way of becoming part of the community.