Why we need your support

We need to raise in excess of £190,000 . The building will be acquired and refurbished and we will submit some capital bids to potential funders as well as appeal for further share purchases and loans. We are aiming to raise as much as possible from individuals, organisations and businesses so that it is very much a community pub! 

What happens to your money

Individuals and organisations can each buy up to £20,000 of shares. The minimum investment is £20, which will buy one share. Every investor has to become a member of the new managing organisation (there are few restrictions on who can join) and the organisation will be run on a one-member, one-vote basis.

On receipt of your cheque, paypal payment  and request for shares, your money will be placed in a deposit account and a receipt sent to you. At the appropriate time PACT on behalf of the project  will invest the money directly in the Barge Inn Community Project  it will not be spent on anything else without your permission. The constitution of the new Barge Inn Community Project  and organisation will be formed at a special general meeting should the required funds be raised. If for some reason the project does not proceed, you will be offered your money back in full no later than December 2009

Can I get my money back?

You are making a prepayment for shares that will be offered in The Barge Inn Community Project . You will be able to apply to withdraw your investment subject to the rules of the project, but you are not allowed to sell your shares to anyone else. At this stage it is thought unlikely that withdrawals will be allowed for at least three years from the acquisition ot the Pub. The Project will have the right to suspend the withdrawal of shares indefinitely.

If however you just wish to donate a sum to the project please indicate this and we will set up a new account to hold these funds to help with the development costs.