Together we can make Sandown stronger, fairer and more Resilient!
Building projects for people, not profit.
What is a Community Benefit Society?
Want to be Involved?
A Community Benefit Society is a type of co-operative legal structure.
These organisations are often involved in providing local services, affordable housing, renewable energy projects, or the running of pubs, shops, and cultural venues that might otherwise close.
They are run by members of the by the community, for the community, not a public body.
Key features include:
• Open and voluntary membership.
• Democratic control: one member, one vote.
• Profits must be used for community purposes or reinvested into the society’s objectives.
• Asset lock provisions, which prevent the distribution of assets to members.
CBSs must be registered with the Financial Conduct Authority (FCA) and as such are regulated.
Register your Interest
To register your interest in being part of creating a Community Benefit Society for Sandown complete the short form below:
Register Your Interest in Sandown Community Benefit Society
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