The Community Benefit Society
Oakley Village Stores Limited (“OVSL”) is a Community Benefit Society (“CBS”) registered with the Financial Conduct Authority (FCA Registration Number 8634). It has been set up by the Community Shop Project Steering Group as the vehicle to establish and operate the proposed shop in Oakley for the benefit of that community. The shop will be known as ‘Oakley Village Stores’.
The Steering Group for the project is now the also the inaugural Management Committee for OVSL and comprises nine local volunteers who between them have a range of backgrounds and skills and have been working on this project since November 2020.
Chairman: James Smith
Company Secretary: Neil Walters
The other members of the Management Committee are Anne Staff, Pat Pointer, Sarah Dollah, Richard Gee, Marc Ellsworth and Stewart Bates.
The purpose of the Steering Group and now the founding Management Committee is to get the shop up and running. Once the Shop is established and operational, an Annual General Meeting of the CBS will be held at which a new Management Committee will be elected. Some members of the present Management Committee may stand for re-election, but the outcome will be in the hands of all the shareholders present and any shareholder can put themselves forward for election should they wish to.
The CBS operates in accordance with a set of rules known as its Model Rules. A copy of the current Model Rules for the CBS can be made available on request or alternatively can be viewed HERE.
If you want more information, please contact manager@oakleyvillagestores.co.uk or speak to any member of the Management Committee.