Radley Village Shop - serving the Radley community (photo: John Huddleston)
Radley Village Shop sign
M-F 7:00–18.30
Sat 8:00–13:00
Sun 9:00–12:00
Tel: 01235 526231
 
 
 
 
 
 
 

 

Our members

Radley Village Shop Association Limited is a community co-operative approved by the Financial Services Authority (registration number 30172R). People who subscribe to the membership scheme:

  • are issued with one membership share for every £1 subscribed (minimum subscription 10 shares)
  • have a direct investment in the business
  • have a right to have a say in the management of the shop (eg by attending the AGM)

The entitlement to vote is one vote per member. This is irrespective of the amount subscribed. There is a summary of the objectives and rules of the Radley Village Shop Association Ltd on the back of the membership application form. The AGM is held in May each year.

Extraordinary General Meeting of Radley Village Shop Association
on Thursday 18th March at 7.15pm in the New Pavilion, Radley College, to discuss the potential purchase of the shop premises by Radley Village Shop Association
PLEASE NOTE CHANGE OF VENUE AND TIME

Formal notice with resolutions

Explanatory letter from the Management Committee

Become a member. You can apply for membership of the Radley Village Shop Association whether you live in the village or feel an association with the village through friends, the church, the school, Radley College or even the pub, or if you are just a Radley 'well wisher'. Every penny the village raises helps to ensure the shop's continued success. Membership application form

Radley Village Shop opened on 22 May 2007 (photo: Basil Crowley)

The membership scheme was launched in February 2007 and by April 2007 over £20,000 had been raised through a combination of generous donations and membership subscriptions. There are currently over 150 members.

Financial support from members and others was vital for the opening of the shop on 22 May 2007. New subscriptions are added to the shop's reserves.

Constitution of Radley Village Shop Association (PDF 5.8MB)

Photo: Shop on opening day

The accounts presented at the first ever AGM held on 18 May 2008 show that the shop made a surplus of just over £2,500 on sales of £120,000 in the first seven months of trading to 31 December 2007. According to the treasurer, the combined efforts of the volunteers saved staff costs of over £15,000. Despite investing in items such as a bigger freezer and more chiller units, the bank balance remained healthy. Since then turnover has continued to improve with sales now regularly around £5,000 per week. Those members present at the second AGM on 16 May 2009 heard that the shop had made a surplus of just under £4,500 on sales of over £230,000 in 2008.

Under the constitution, members vote each year on the use of any surpluses. These can either be re-invested into the shop's future or applied to other village projects. At the AGMs held in May 2008 and May 2009, members voted to use the surpluses for 2007 and 2008 to further reduce the loan taken out to fund start-up costs. The aim is to pay off the loan early before the shop needs to start paying rent in 2010. At present the premises are provided rent-free to the shop by the owner of the lease.

Management committee
Radley Village Shop Association is led by a management commitee whose members are elected at the AGM each May. As well as the volunteers who serve in the shop, etc, many other people in Radley help or have helped with the shop project. Particularly thanks go to Margaret Lovell who did so much to get the shop up and running. And especially to Graham Steinsberg, our first chairman, whose inspiration and energy contributed so much to setting up Radley Village Shop and leading the business until it was successfully operational. Graham continues to act as a financial advisor to Radley Village Shop Association.

Mike Sadler, who was elected to the committee at the AGM in May 2009, is now the chairman succeeding Barbara Ellis who generously took over the role for six months (before her move to Africa) and for which we thank her tremendously.

Chairman
Mike Sadler
Tel: 01235 533786 email: chair@radleyvillageshop.com
Company Secretary
Stephen Ewens
Treasurer Lynda Pasquire email: treasurer@radleyvillageshop.com
Committee members
Pat Earl
Tony Gillman
Joyce Huddleston
Margaret Lovell
Chris Minay
Sue Ward
Sylvia Wilson
 
Other key people
Rota manager Sue Ward email: rotamanager@radleyvillageshop.com
Licensee
Martin Wilson
Book-keeper
Lynda Pasquire
Financial advisor Graham Steinsberg  
Accountant
Peter Kemp, Critchleys
Maintenance co-ordinator Bob Earl  
Newspapers admin
Dot Hewlett
Social events
Sandra Kramer
Maralyn Holloway
Jane Barker
Webmasters John & Joyce Huddleston email: webmaster@radleyvillageshop.com
 
 
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Radley Village Shop – Serving the Radley Community
 
           
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Last updated 9 March 2010