A community share issue to raise £350,000 to repair and restore the roof at Bramley Baths and decrease their environmental impact has so far raised over £82,000.
Bramley Baths provides swim, gym and classes to the community in Bramley and beyond. Since 2013 they have operated as a social enterprise and community hub hosting other organisations, events, and activities as well as supporting the community’s health and wellbeing.
CEO David Wilford said “We have chosen to fundraise through our first Community Share Offer; Ethical finance, which allows us to go beyond not only being community led, but part community owned.
“We are thrilled to have support already from Co-operatives UK’s Community Shares Booster Fund and we welcome all members of community to be part of our ownership model.
“We know that having this investment will contribute to our highly successful social enterprise and allow our community to come with us on our journey into a new chapter of the Bramley Baths story.”
To date, Bramley Baths has received support from
- £42,310 from Community investors and partners
- £40,000 from the Booster fund
Bringing their current total to £82,310.
They are also awaiting confirmation on share match funding through an energy efficiency grant, administered by Crowdfunder, working with Co-operatives UK and funded by Access.
A spokesperson for Co-operatives UK said@ “We are excited to offer an investment of £40,000 from our Community Shares Booster Fund. To unlock this investment, Bramley Baths need to raise £310,000 matched investment from community investors. We’re investing as we were impressed with plans to future proofing the building, while reducing running costs and increasing accessibility for the local community.”
The share offer closes on 28 November, you can find out more about the options for investing by visiting their website, www.bramleybaths.com.
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