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Save Our Post Office Campaign
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Social Investment Tax Relief
The Company has obtained clearance from HMRC that the share issue will qualify for SITR (Social Investment Tax Relief). Click for details issued by HMRC explaining how tax relief may be sought by tax payers once the share issue has taken place

Working together to keep
Nayland's commercial heart alive 

This is the basis for saving the Post Office, but we need the community buy-in to make this work. In brief:

  • our Postmistress is retiring, which means the Post Office will close
  • the village wants to save our Post Office, so an executive group was formed to make this happen
  • a community company - Nayland Community Store Ltd - has been set up, to run the Post Office as a community enterprise
What we need from you, your friends and neighbours, and all local residents, is a pledge for shares in YOUR community company

A share is £25 and we are appealing to everyone to return a pledge form as soon as possible

The money raised will be used for required building and electrical works, stock, shop fittings and short term lease and salary accruals. Without your pledges - a minimum £60,000 - we will not be able to save the Post Office shop for the village.

Pledges can be made using the forms below or you can text your pledge with your full name to 07970 968 882

Pledge Form (print version)
Pledge Form (electronic version)

Pledge forms can be returned by email, to the address given
or to the pledge box in Post Office.

THANK YOU SO MUCH FOR YOUR SUPPORT

 

Update on 16th September 2017

We have prepared our formal application to Post Office Ltd for taking on the Nayland Post Office business.  Our application as a Community Benefit Society is not their ‘standard approach’ and so our progress is slower than normal, as Post Office Ltd have to adjust and adapt their standard systems and protocols to meet our needs.  At the present time, we are awaiting the outcome of an informal review of our business case from the Post Office Ltd Finance team.  If successful, we can then formally submit the entire application and supporting documents for complete approval.  If successful, some of the directors of our new company (Nayland Community Store Limited) will be called to a meeting with Post Office Management in London for final assessment and approval. 

In the meantime, we have really good news on our grant application!Our LEADER Grant Application was discussed by the Suffolk County Council Wool Towns Local Action Group assessment team and havingreviewed our justification, financial case and business plan they have recommended us for a grant award, which may be up to the value of £21,000.  This money is a contribution to the cost of the planned refurbishment of the Post Office premises.  Whilst we still have to fulfil a few conditions (which we are confident we can do) before the grant is actually made, this is a significant step forward in our progress. We can now begin the detailed planning as soon as we have formally appointed the contractor to undertake the refurbishment works.

On 29th August, we were granted Listed Buildings Consent by Babergh District Council to make the alterations, which is also good news.  As we now pull all of the pieces together, we are awaiting the final draft of the lease from our landlord’s solicitor.

Our financial pledge total continues to inch forward and we have now received 219 pledges totalling £47,650.  That combined with our funding from the Community Council and Transition Nayland means our funding total has now reached £51,566 which is getting ever closer to our pledge target.  The LEADER Grant award will cover around 80% of the refurbishment costs and so we are now closing in on our total start-up cost target.   We would like to thank all of you who have made a pledge commitment and would encourage any resident who has not yet pledged financial support to do so, as we want this to be a truly community-wide enterprise

If we can get Grant and Post Office approval by the end of September then our timeline 2017/18 should remain firm as:
Sept - Post Office Ltd and LEADER Grant Approval; appoint refurbishment contractor
Oct  - Public Meeting and Share Prospectus issued
Nov - Finalise funding and legal matters
Dec - Sign leases; staff training
Jan - Commence refurbishment works
Feb - Fully Open for business

Nayland Community Store Logo

 

Latest News

The Nayland Community Store has a new website and Facebook page:

naylandcommunitystores.co.uk

Facebook: Nayland Community Stores


Next Meeting:
to be decided
Meetings/Updates
Minutes are available below: