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
 
 
 
 
 
 
 
 

 

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)
  • receive a six-monthly newsletter.

The entitlement to vote is one vote per member. This is irrespective of the amount subscribed. A summary of the objectives and rules of the Radley Village Shop Association Ltd is given in the membership application form.

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. The AGM of Radley Village Shop Association Ltd is held in May each year.

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

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 success.

Membership application form

Accompanying letter

Photo: Shop on opening day

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.

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

Under the constitution, members vote each year onm the use of any surpluses. These can either be re-invested into the shop's future or appplied to other villlage projects. At the AGM in May 2008, members voted to use the surplus for 2007 to further reduce the loan taken out fund some of the 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 freehold.

Constitution of Radley Village Shop Association
PDF 5.8MB Adobe logo
Management board
Radley Village Shop Association is led by a management board whose members were elected at the AGM held on 18 May 2008. 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.
Chairman
Graham Steinsberg
Tel: 01235 559337 email: chair@radleyvillageshop.com
Company Secretary
Paul Tams
Treasurer Chris Minay  
Director Barbara Ellis Newsletters, advertising (Tel: 01235 555248)
Director
Jane Wyatt
Other key people
Rota Manager Sylvia Wilson email: rotamanager@radleyvillageshop.com
Licensee
Martin Wilson
Book-keeper
Lynda Pasquire
Accountant
Peter Kemp, Critchleys
Webmasters
John & Joyce Huddleston
Newspapers admin
Dot Hewlett
Social events
Sandra, Maralyn and Barbara
Jane Barker
 
 
 
 
 
 
ViRSA
ORCC
About Radley

 

 
Radley Village Shop – Serving the Radley Community
 
           
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Last updated 2 January 2009