1. Community Resilience Engaging citizens to take action.
Safeguarding Community Assets via Community Crowd Funding Ideas
Example of a Community Asset Share Certificate
Cris Tomos – 07/09/2016 1

2. Community Initiatives
Crowd Funding Ideas
Local Cooperative Share offers options
Community – Peer to Peer loans
4. Income Generation and Sustainability 2

3. Community Resource Centre Crowd funding for new chairs £1,800
- £15 a chair to be funded
- Draw up a list on the website and enter the names of the locals who have supported.
Paper copies of the list around each house-hold
Gift Aid the donations. 3

4. Community Resource Centre
Share Offer September 2007
Community Cooperative
PLANED - Engagement
£120k purchase price
£60k deposit needed by March 07
Co-op UK helping with IPS
£55k raised
CFAP Bid of £180k 4

5. Social Investment Tax Relief (SITR) Enterprise Investment Scheme (EIS)
30% Tax Saving for investors

6. Community Finance & Tackling Child Poverty West Wales Credit Union
Financing new Social Enterprises
2100 members £915,000 savings
Health and Wellbeing - LHB
Child Poverty & Food Bank
Kids Saving 1.5% 6

7. Energy Efficient Timber Frame Funding Secured for Exterior
New Resource Centre
Energy Efficient Timber Frame
Funding Secured for Exterior
CFAP = £196k
Toolkit = £75k
Shares = £55k
Reserves = £50k
TOTAL = £375k
Interior – application
The Big Lottery £249k 7

8. Cymdeithas Cynnal a Cefnogi Cefn Gwlad - 4CG8

9. Overview Site Plan 9

10. Community Finance Shareholders :- Maximum £20,000 of shares per person
Issuing of £250,000 shares @£200 each
Maximum £20,000 of shares per person
Maximum of one voting share per person
Dividends for each share.
Committee appointed by shareholders to manage organisation.
Voting power on share scheme
Credit Union 5 year loans to purchase shares - affordable to everyone 10

11. IPS model. Community Benefit Cooperative
Phase 1 Development
Assistance from Wales Coop to engage Jim Brown of Bristol to advise on best model and share offer prospectus.
IPS model. Community Benefit Cooperative 11

12. Phase 1 Development Purchase of Pwllhai site for £357K
£180k loan from Lloyds TSB
0.72 acres
Planning permission for parking
Clear site for car parking – 80 cars
Install parking meter(s)
Rent out cottage
Employ car park attendant
Develop the shops
New Sub Committees – Renewables, marketing, Shops. 12

13. Shareholders and Volunteers13

14. 2012 Developments
Purchase of the old court house and the old police station in October 2012
Share Issue £70,000
Credit Union Support
Expansion of West Wales Credit Union
Community Energy - Solar 14

15. Seedcorn Enterprise Investment Scheme (SEIS) - 50% Tax Saving for investors

16. Community & Social
Personal Loans Scheme
Loans agreement

17. MAY 2015 - £310,000 raised! 4CG Community &Social Personal Loans
34 lots of £5000 giving fixed 4% for 3 years – Target of £270,000
6 months notice
Interest paid monthly
£185,000 of expressions of interest returned in 10 days.
MAY £310,000 raised!

18. Community Finance and Social Benefit catalyst for future developments
Safeguarding Community Assets via Community Shareoffers
A grassroots solution to social enterprise development.
Financed by community shareholders assisted by Credit Unions – the community owned banks. Grants and local loans mix to complete projects.
MUST HAVE A REGULAR INCOME TO REPAY LOANS AND INTEREST
DIOLCH YN FAWR IAWN – THANK YOU
Cris Tomos – 18