This website uses cookies

We use cookies and other tracking technologies to assist with navigation and your ability to provide feedback, analyse your use of our products and services, and assist with our promotional and marketing efforts. View our Privacy Policy

Calder Valley Community Land Trust

Fielden Acre Community Share Offer

£250 minimum

The Share Offer aims to bring land and buildings constructed in the 1870s by the pioneering educator and philanthropist, Sarah Fielden into community ownership. If successful it will secure two homes at affordable rents, safeguard an important piece of heritage and protect the future of the beautiful Fielden Hall as a thriving community centre.

Investment is in Community Shares which are targeting 2% annual interest, with first interest payments  available in 2023, and can be withdrawn from 2024.

As with shares in companies, community shares are a form of risk capital. They are not covered by the Financial Services Compensation Scheme, so if the enterprise fails, investors can lose some or all of their money.


Minimum raise for offer to proceed


Financial return

Expected 2% annually.

The first interest payments will be available in 2023.

Social return

CVCLT’s Fielden Acre project aims to bring land and buildings into community ownership securing two homes at affordable rents, safeguarding an important piece of heritage and protecting the future of the beautiful Fielden Hall as a thriving community centre.

Minimum investment amount

£250 - with shares being sold in bundles of £250.

Maximum investment amount

Maximum investment for individuals: £20,000

Maximum investment for organisations that are not registered societies: £100,000

Maximum investment for registered societies: unlimited

Shares sold in bundles of £250.

Getting invested money back

Shares are withdrawable by selling them back to the society. CVCLT Trustees will only consider requests to withdraw shares three years after the original shares issue - by early 2024. Withdrawal is subject to three months’ notice and is at the discretion of the Trustees and withdrawals will be made in the order that requests for withdrawal have been received.

Sections 25 and 26 of the society’s rules allow for withdrawal of share capital and set out the process for this.

The society will make a further share offer to raise additional share capital to replace the value of any proposed withdrawal of shareholdings. The society has placed a limit on the withdrawal of shares in any one year to a maximum of 5% of the value of community shares held by the society. Withdrawal will only be allowed if CVCLT receives new investment to replace the value of shares withdrawn.

How secure is invested money?

CVCLT shares are at risk and you could lose some or all the money you invest.

Community shares are not covered by the Financial Services Compensation Scheme and there is no right of complaint to the Financial Ombudsman Service. If you are considering investing a significant amount of money, CVCLT suggests that you seek independent financial advice from a suitable advisor with knowledge of social investments.

If CVCLT Ltd made significant losses, the Trustees may need to write down the value of the shares upon the advice of the auditor or accountant. Should you then wish to withdraw your shares, you will then only receive the written down value of those shares.

Keeping track of your investment

You will also receive an annual statement on your account, along with an update of what CVCLT have managed to achieve with the support of your investment.

Nomination and Inheritance Tax

In the event of the death of a member, the repaid value of the shares will normally be added to the estate for probate purposes. You may elect to nominate a recipient for the value of the shares (but only up to the amount set out in law) and thus (under current legislation) remove the value of the shares (up to the amount set out in law) from your estate for probate purposes i.e. the shares may pass to the nominee outside the Will of the deceased. The nominated property will nevertheless form part of the deceased’s estate for Inheritance Tax purposes, unless the estate is an excepted estate.

Who can invest

The community share offer is open to individuals over the age of 16, charities, Small Self- Administered Pension Schemes, nominee services and corporate entities, groups and associations and corporate investors.

Applicants may not purchase shares on behalf of someone below the age of 16.

The society cannot accept joint applications for shares.

Applied for to date, of
£270,000 target
Please read the offer document and accompanying business plan in full before applying

Need help?

The Ethex team are here to help from 9am to 5pm

Invest and save with Ethex to

make money do good

You can browse, compare and invest in a range of products on Ethex platform from bank accounts and ISAs to equity investments and charity bonds that offer a social/environmental as well as a financial return. All you need to do is get started...