Sedbergh and District Arts and Heritage Trust is a registered charity regulated by The Charity Commission; Charity Number 1026293. It is registered as Company Limited by Guarantee at Companies House; Company Number 2848454. The members voted overwhelmingly (500 to 1) in a general meeting to convert to a charitable Community Benefit Society. The Charity Commission has given permission for the change of legal structure.
Once converted, they will be registered as a society with the Financial Conduct Authority. They will be registered using Co-ops UK's model rules for Charitable Community Benefit Societies.
At conversion they will be changing their name to Farfield Mill Limited. They will not accept applications for any withdrawable shares until the conversion is complete. Current members of the Trust will be given the first chance to purchase shares and be members of the new society.