Our second community share offer is now open. We are aiming to issue 35,000 shares.
LAURISTON FARM LIMITED COMMUNITY SHARE OFFER
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A very warm welcome to the second community share offer for Lauriston Farm Limited on the Blackwater Estuary in Goldhanger, Essex. Our first share offer in Spring of 2017 resulted in over 140 members joining the Society and we started to implement our five year business plan. This was built on the back of the previous thirteen years of producing sensibly priced, high quality food while enhancing the natural and social environment of the farm.
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Now, with our membership feeling connected to the initiative and at the heart of our work, we have over thirty vegetable boxes per week supplying the local area, have taken on our first few paying co-workers, welcomed laying hens to the farm, increased our turnover, built a food quality kitchen, taken on staff and run a weekly woolly craft workshop.
So, we have laid the foundations for the Social Farming Initiative. Now we are ready to push on and complete our five year business plan by: achieving our target of seven co-workers each day from Monday to Friday with an extra member of staff, bringing pigs and more chickens to the farm, expanding the vegetable production, creating accommodation for long term volunteers and apprentices and building a new, multi-purpose function room for up to fifty people.
We have updated our business plan for the next five years and will be seeking matched funding through grants
and other sources as well as the community share offer to achieve our funding target.
So, I invite you to read through our prospectus, share it with others, ask questions about it, come and visit us and if you feel connected to our ethos and vision consider becoming a member and shareholder.
Happy Reading!
Spencer Christy – Farm Director and Founder
So, we have laid the foundations for the Social Farming Initiative. Now we are ready to push on and complete our five year business plan by: achieving our target of seven co-workers each day from Monday to Friday with an extra member of staff, bringing pigs and more chickens to the farm, expanding the vegetable production, creating accommodation for long term volunteers and apprentices and building a new, multi-purpose function room for up to fifty people.
We have updated our business plan for the next five years and will be seeking matched funding through grants
and other sources as well as the community share offer to achieve our funding target.
So, I invite you to read through our prospectus, share it with others, ask questions about it, come and visit us and if you feel connected to our ethos and vision consider becoming a member and shareholder.
Happy Reading!
Spencer Christy – Farm Director and Founder
Summary of the Offer
Lauriston Farm Limited is seeking membership and investment from the community in order to double our membership and to
raise capital to finish implementing our agricultural and social strategy to secure the long term future of Lauriston Farm Limited.
We are aiming to raise £35,000 through community investment (with a maximum subscription of £80,000) and £105,000 through
grants and loans in order to complete delivery of our business plan. We need to achieve a minimum of £20,000 in investment in order to deliver the first stage of this. The minimum shareholding is one hundred shares. Each share costs £1 so the minimum investment is £100 per shareholder.
However, we fully recognise that this amount may be out of the reach of people on low incomes and so in certain circumstances we shall accept £50 for membership on special application as we don’t want money to be a barrier. The maximum investment is £7,500 per shareholder.
The offer opens on Wednesday 7th November 2018 and has now been extended indefinitely.
This offer is being promoted by Lauriston Farm Limited (of Lauriston Farm, Goldhanger, Maldon, Essex CM9 8AH) which is registered as a Charitable Community Benefit Society with the FCA (reg. no. 7481).
Downloads:
High Resolution Share Offer Prospectus (large file):
| lauriston_farm_ltd_2018-19_share_offer_prospectus.pdf |
Low Resolution Share Offer Prospectus (smaller file):
| lauriston_farm_ltd_2018-19_share_offer_prospectus__low_res_.pdf |
| lauriston_farm_limited_ccbs_registration_and_rules.pdf |
Lauriston Farm Five Year Business Plan:
| lauriston_farm_ltd_five_year_business_plan__nov._18_.docx |
