The Society
Collingham Community Pub Limited was established in 2018 by ‘members of the community for the benefit of the community’. It was established specifically to raise sufficient funds for the community to secure and safeguard the future of the Royal Oak.
Collingham Community Pub Limited is a not-for-profit Community Benefit Society using model rules (its constitution) developed by the Plunkett Foundation and used by over fifty existing community owned pubs. The Society is registered with the Financial Conduct Authority (FCA), and copies of the constitution, defining your rights as a member, and our business plan can be found on our website www.ccpl.org.uk, so please read them if you wish to invest.
Community Benefit Societies are by law intended to be democratic organisations and all members will have an equal vote regardless of their shareholding and will have the protection of limited liability.
The rules determine that CCPL will trade for the benefit of the community and not for anyone’s private benefit. It will retain and apply profit to advance the Society’s purpose (including through paying interest to members on their shareholding).
We are inviting you to become an investor in the Society through the purchase of shares which confer membership rights on the investor. These membership rights include a voice in the running of the Society and an opportunity to be elected to the Management Committee by members of the Collingwood Community Pub Limited Community Benefit Society at Annual Members’ Meetings, with one vote per member regardless of the number of shares held.
The Management Committee
The Management Committee may consist of a maximum of 9 individuals who will be collectively responsible for establishing the strategy for the business and overseeing performance.
Members of the Management Committee will be democratically elected by members of the Society at Annual General Meetings, with one vote per member regardless of investment size.
The current Management Committee of the Society comprises of village residents who themselves are shareholders.
The management Committee may co-opt additional members who bring particular skills or a contribution that is relevant to the purchase and operation of the Royal Oak and/or to members of the Community. These appointments are only valid until the next AGM.
Only Members (i.e. shareholders in the Collingham Community Pub Limited) may be elected to serve on the Management Committee.
The Management Committee members will be the Directors of Collingham Community Pub Limited and collectively bring a wealth of experience and expertise. They are all volunteers working together and sharing skills to purchase and manage the pub in the interest of its shareholders and for the benefit of the community.
We can be contacted at :
Collingham Community Pub Limited (Reg. No 7810)
Registered Address: Collingham Community Pub Ltd, The Royal Oak, Station Road, Collingham, Notts.
NG23 7RA
https://ccpl.org.uk/
Royaloakccpl@gmail.com