The Community Activation Ltd Community
Founded in 2018, Community Activation Limited is registered as a society under the Co-operative and Community Benefit Societies Act 2014, with its objects being:
"The objects of the Society shall be for the public benefit by providing for local communities facilities for recreation and leisure time occupation in the interests of social welfare and to advance the education of the public in such activities."
As a Community Benefit Societies (CBS) member we are eligible to claim mandatory relief from the payment of National Non-Domestic Rates (NNDR) at 80%. Alongside this, we are able to receive 100% VAT Relief for sites within the Community.
Since September 2018 HM Revenue and Customs has recognised the Societies' charitable status, an additional benefit that now allows us to invest more revenues into maintaining and improving our facilities and services for the benefit of the communities in which we operate.
As a non-profit making organisation all surpluses that we generate are reinvested back into our facilities and the services we provide in furtherance of our Objects.
The current portfolio includes 10 leisure and recreational facilities and is rapidly growing with the necessary time and accommodation being made for each site within the community.
Our objectives which we aim to achieve through our managerial consultants LSI Consultancy:
(a) To carry on any trade, industry, or business for the benefit of the community which is in furtherance of its objects.
(b) To borrow money from its Members and others in order to further its objects providing that the amount outstanding at any one time shall not exceed £10,000,000 (but only in accordance with the restrictions imposed by the Charities Act) and provided that the rate of interest on money borrowed shall not exceed the minimum rate necessary in the opinion of the Board to obtain and retain the capital required to carry out the objects of the Society.
(c) To mortgage or charge any of its property, including the assets and undertakings of the Society, present and future, (but only in accordance with the restrictions imposed by the Charities Act) and to issue loan stock, debentures and other securities for money borrowed or for the performance of any contracts of the Society or its customers or Persons having dealings with the Society.
(d) To deposit or invest funds in accordance with the Act and the Charities Act.
(e) To establish or support any charities, associations, or institutions formed for any of the charitable purposes included in the objects of this Society.
(f) To receive donations or loans free of interest and to raise funds in order to further its objects but shall not receive money on deposit.
(g) To sell, lease, or otherwise dispose of all or any part of the property belonging to the Society. In exercising this power, the Society must comply as appropriate with the Charities Act.
(h) To establish or acquire subsidiary corporate bodies.