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SHARE OFFER

Support our efforts to preserve a local treasure and create a welcoming space for everyone by becoming a shareholder in Ickleton’s last remaining pub. 

CURRENTLY CLOSED

Ickleton Community Pub Limited Share Prospectus 

You are being invited to invest in Ickleton Community Pub Limited, a Community Benefit Society, which has been established to purchase, refurbish and reopen The Ickleton Lion for the benefit of the community.

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The Ickleton Lion, a Grade II listed building in Ickleton, South Cambridgeshire, has been central to village life for nearly 300 years. This pub has hosted meetings, celebrations, and community events, serving as a key local venue and a destination for visitors. Unfortunately, it closed in July 2023 and is now for sale.

 

In response, villagers formed a Community Benefit Society, supported by the Plunkett Foundation, to buy and preserve the Lion for future generations. The community overwhelmingly supports this initiative, recognizing the pub as a crucial village resource.

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The Ickleton Lion is registered as an Asset of Community Value (ACV) and ICP would welcome anyone to become part of our community project by purchasing shares.

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Please click on the buttons below to access information about the share sale. If you wish to proceed and buy shares, you can do so by clicking the Share Application Link below. Please read the conditions relating to investing in a CBS carefully before investing.

 

If you are investing from outside the UK & do not have a UK bank account, please email us and let us know & we can send you instructions on how to proceed. 

 

We look forward to welcoming you to our shareholder community.

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SEIS & EIS

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We have received advance assurance from HMRC that shares issued to individuals should, if circumstances remain as now, qualify under the Seed Enterprise Investment Scheme (SEIS) and the Enterprise Investment Scheme (EIS). 

 

Providing certain conditions for Ickleton Community Pub Limited and for individuals are met, this would give tax relief of 50% or 30% of the amount invested (50% for the first £250,000 shares issued).  They can also be left to beneficiaries free from inheritance tax, as long as they’ve been held for at least two years at the time of death.

 

If you did not opt to receive tax relief on your share purchase and would like to change your mind, you can do so by emailing us at info@ickletonlionpub.co.uk

 

If you would like to apply for more shares now that we have this assurance, you can do so by completing the online application form.

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Please click here for more information on how the tax relief on shares works.

 

Please note that we are unable to advise members on tax issues. It is the responsibility of each investor to make their own enquiries and satisfy themselves as to their own eligibility to claim tax relief. 

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This document explains our project, its benefits to the community, our share offer, information on our Community Benefit Society and its rules and invites you to become a member of the Community Benefit Society.

The Share offer is currently closed

A detailed plan of how ICP plans to purchase the Ickleton Lion and ensure its long-term financial viability.

Adopted from the Plunkett Foundation Model, these rules set out the way in which our Community Benefit Society is owned, organised and governed.

This document summarises the ICP policy regarding the purchase of shares by potential investors and the terms and conditions attached to such shares.

This document details the ICP Policy regarding potential interest payments on an investment

This document details the principles and procedures under which share withdrawal requests will be managed by the Management Committee.

The Community Shares Standard Mark is awarded by the Community Shares Unit to offers that meet national standards of good practice. These standards ensure that:

  • The offer document and application form are easy to understand

  • You are provided with all the facts you need to make an informed decision

  • The facts are supported by the annual accounts and/or business plan for the society

  • Nothing in the documents is purposefully incorrect, confusing or misleading

    Societies are asked to sign a Code of Practice requiring them, among other things, to give the public a right of complaint to the Community Shares Unit.

    For more information about community shares, the Community Shares Standard Mark and the Community Shares Unit go to: communityshares.org.uk

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