Radley Village Shop Association Limited is a community co-operative. It is a Registered Society under the Co-operative and Community Benefit Societies Act 2014 (registration number 30172R). Rules of the Association
People who subscribe to the membership scheme:
- are issued with one membership share for every £1 subscribed (minimum subscription 10 shares)
- have a direct investment in the business
- have a right to have a say in the management of the shop, for example, by attending the AGM
The entitlement to vote is one vote per member. This is irrespective of the amount subscribed. There is a summary of the objectives and rules of the Radley Village Shop Association Ltd on the back of the membership application form.
Become a member. You can apply for membership of Radley Village Shop Association whether you live in the village or feel an association with the village through friends, the church, the school, Radley College or even the pub, or if you are just a Radley ‘well wisher’. Every penny raised helps to ensure the shop’s continued success.
The Annual General Meeting of Radley Village Shop Association is held each year in May or June. Notices about the meeting are posted in the shop window, on the shop website, in the Radley News and on the village noticeboard. Copies of the AGM minutes and the shop’s end of year accounts are available on request. This year’s AGM is on Wednesday 1st June at 7 pm in Radley Village Hall.
Grants to local organisations
Under the constitution, members vote each year at the AGM on the committee’s recommendation for the use of any surplus profits. These can either be re-invested into the shop’s future or given in grants to other village projects. The first ever distribution of grants to projects with a social or charitable purpose within the community served by Radley Village Shop was approved by members at the 2012 AGM. Grants have been awarded to local organisations every year since. Details of past awards
|Shop buys defibrillator for village
At the AGM in May 2015, members unanimously approved the committee’s proposal to pay for one of the three public access defibrillators to be installed in Radley by the Parish Council.
More about the defibrillator
Grant from the Vale of the White Horse District Council
Radley Village Shop is very grateful to the Vale of the White Horse District Council for the award of a Vale Capital Community Grant in 2014 of £4730 towards the cost of a major refurbishment project. This involved replacing the chillers with more energy-efficient ones, a new purpose-built counter with integral storage for cigarette and tobacco products to meet new legislation, and the installation of a self-service hot drinks machine.
Purchase of lease
In February 2011, Radley Village Shop Association bought the lease of the shop premises, securing the future of the shop for Radley. This purchase was made possible with the help of a grant from Southern Oxfordshire Leader (part of the Government’s Rural Development Programme for England administered by the South East England Development Agency). Announcement of purchase