We want THE LOCAL community to own the Heavens valley

We believe this is a real possibility for our community. We are open to your suggestions and comments, but here is the plan so far:

  • We are now registered as a Community Benefit Society which means we will be able to purchase the Heavens Valley and manage it on behalf of the community in the future. You can find out more about a CCBS here.

  • Our registration number is 9302
    Registration date: 22 May 2024
    Address: The Exchange, Brick Row, Stroud, Glos GL5 1DF

  • You can find full details of our registration here

  • We now have charitable status and our charity reference number is ZD33498. As a charitable CBS we are an ‘exempt charity’ (for tax purposes) and have to comply with the charities law.

  • The CCBS is required by law to manage the Heavens Valley in pursuit of its stated objectives: which will be focused on maintaining public access as well as promoting biodiversity and nature recovery on the site. It would not be possible for the CCBS to sell the Heavens Valley in future, except to another charitable organisation. This guarantees long-term protection of the Heavens Valley.

  • Any group or individual will be able to buy a share. All shareholders will be able to vote at AGMs and have a say in appointing Directors. Shareholders will be limited to one vote, to prevent any single individual or group gaining control over decisions about the Heavens Valley. The shares are valued at £50 and we are exploring various options with a strong focus on inclusivity and ensuring community members on lower incomes are not excluded from participating.

  • To help us raise these funds, we are asking those who are able to consider making a donation in addition to their share price.

  • We are committed to extensive engagement with the community on the future management of the Heavens Valley, including with those unable to make a financial contribution.

  • If successful, we will need to develop a full land management plan and explore revenue opportunities to fund the ongoing management of the site. We expect this to come from a mixture of ecosystem services (such as biodiversity net-gain) and grant-funding for green land management practices.