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Stockwood CBS
Sustainable Farming, Renewable Energy
Forecast
return
Stockwood Community Benefit Society is an organic, biodynamic farm and a sustainable business park majority owned and run by its community of over 400 members. Stockwood wants to become entirely community owned to maximise the positive impact to the local community and beyond.
- Where your money goes
- Team
- Documents
- Updates
Updates
Share offer extended until end of March
29th February 2024
The Stockwood Community Benefit Society has decided to extend its current community share offer for 4 weeks, giving the investment opportunity a new closing date of 28th March 2024.
The decision to extend the offer is to ensure there is sufficient time for all interested parties to invest. This follows a recent surge in investments that have taken the offer over the £100,000 mark and, with other potential investments still pending,
The CBS is confident that they can reach their minimum raise by the end of March.
Stockwood CBS
Society number: 31920R
Stockwood, Worcestershire
Incorporation date: 11 December 2012
Your money will…
Support community enterprise by helping Stockwood thrive, grow and create more positive social and environmental impact
Encourage a healthy ecosystem and biodiversity by supporting a farm that’s committed to producing nutrient-rich food through sustainable farming methods
Combat climate change by funding the future running of a sustainable rural business park and carbon negative farm running on clean, renewable energy
Earn a potential return Investments in the share offer will target a return of 5% per annum and make you a member of the CBS
The bigger picture
Since 2014, Stockwood CBS has been creating a model project in sustainability and community ownership, blending a successful and sustainable business park with a thriving biodynamic organic farm. The society creates multiple benefits, including:
- 28 sustainably managed work units, from which around 100 people work regularly
- 190 acres of organic, biodynamic farmland and a market garden that respects nature and produces good-quality food systems
- A £400,000 solar and ground source heat pump system that heats the business park, mitigating around 120 tonnes of CO2 per annum
- A thriving and engaged community in a rural setting that enjoys regular events, activities, and learning on the land
- Volunteering, work experience, workshop and school visit opportunities for hundreds of people each year
With this share offer, Stockwood will grow its membership and repay an existing bank loan, unlocking the full potential of this community enterprise, including the launch of an education programme at Rush Farm.
What your money will do
It’s your money so you want to know where it goes and what kind of impact you’re making. Stockwood CBS will use your investment to:
- Bring the pioneering Stockwood project into complete community ownership with a more flexible and affordable source of finance
- Realise the vision of a completely community-owned resource, enabling them to grow and deliver a positive impact to the local community and beyond
- Ensure the business park and organic farm can continue to be run in a sustainable and environmentally friendly way
- Empower the society to thrive and develop new, impactful projects, providing a blueprint for community groups UK-wide
Team
Stockwood is determined to build on this successful model and this share offer will help them fund the next phase of their work:
https://stockwoodcbs.org/
Chris Burdett
Executive Chair and Company Secretary
Chris has been a well-known figure in the business park since the society’s founding and has returned to the board having previously served as chairman. Amongst other things, he is a farmer and entrepreneur.
Nicki Bainbridge
Director
With a career in media and arts, Nicki’s management and creative skills support the Society’s daily operation and the explanation and promotion of the Society and its objects. Nicki has a background in photography and video creation. Her area of responsibility at Stockwood is managing the business park and she is also a member of the Stockwood executive team.
Jon Nicholls
Biodynamic Land Trust (BDLT) appointee
Jon is active in the Biodynamic movement supporting its development, and in particular the development of land trusts protecting biodynamic land.
Alison King
Director
Alison is an entrepreneur, running a local shop. She was the founding Company Secretary.
Joshua Malkin
Director
A change-maker focused on empowering people through creative projects that serve the greater good – in business, education, and the arts.
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Interest accrual and payment
Shares will start earning Interest from 1 January 2024 for investments made up to 31 December 2023, or for investments made from 1 January 2024, or thereafter, the first day of the month following the date of the investment. Interest will be paid annually within 90 days of each financial year's end, subject to available funds.
The Board have set a target interest rate of 5.00% for the next financial year ending 31 December 2024 and a target interest rate of 5.00% thereafter. Please note that this is a target and is not guaranteed.
Getting your money out
The withdrawal of funds is subject to 180 days’ (6 months) notice, subject to the Society having a cumulative surplus greater than the amount withdrawn (or a combined running surplus and new capital introduced greater than the amount withdrawn).
Investing on behalf of children
Applicants must be 18 years old or more to participate in this offer.
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