Registered Society Information
(formerly Independent Provident Society information)

Please note that:
• The Co-operative and Community Benefit Societies Act came into force from 1st August 2014, replacing the Industrial & Provident Society legal form with two new legal forms, known as a Co-operative Society and a Community Benefit Society, and is designed to consolidate all previous IPS legislation between 1965 and 2003.

• Any
existing Independent Provident Society will henceforth be referred to as a "registered society" rather than an IPS. Consequently, BADCE is now a registered society under the Co-operative and Community Benefit Societies Act 2014.

• As the Plunkett Foundation's model rules were used, BADCE does not need to make any changes to its rules and its name and registered number will remain the same.

clear straight line copy

Broadwindsor & District Community Enterprise Limited (“the Society”) was formed on 13th June 2012, with its main purpose being to set up and run a Community Shop in Broadwindsor. As a Registered Society, it will conduct its trade for the benefit of the community of Broadwindsor and its environs on a not-for-profit basis. The Society is registered with the FSA with Rules developed by the Plunkett Foundation.

The Society is similar to a limited company in having limited liability but it has a Management Committee, rather than a board of directors, and members rather than shareholders. Each member has one vote regardless of the number of his/her shares, which distinguishes the Society from a limited company, where the number of shares that a shareholder owns determines the number of votes that the member can cast.

clear straight line copy

Full details of the Society’s (BADCE's) constitution are contained in the Society’s Rules.

A copy of the Rules can be viewed or downloaded by clicking
here. Please be aware this is a large document (22 pages) in .pdf format.

If you would like further information, please send your request using the "Contact Us" form.
Click here to download BADCE's Privacy Policy 2018