
The journey to community ownership
In May 2023 we registered a Community Benefit Society (CBS) as the legal vehicle to buy Blooming Fruity through a community shares issue. It is registered as Haddenham Community Enterprise Limited with the Financial Conduct Authority (FCA) under the Co-operative and Community Benefit Societies Act 2014, number 9083.
A CBS is a form of co-operative where every member has one vote regardless of the size of their investment - but it exists to benefit the wider community and not just the members. The Management Committee is elected by and from the members, who also have a say at members’ meetings. The CBS has a statutory asset lock which means that its resources can never be diverted for private benefit.
The purpose of the Society is to enable the residents of our local communities, and other supporters, to secure and safeguard the future of Blooming Fruity as a greengrocer, expand its business, promote a healthy diet and life stye by providing good quality fresh fruit and vegetables and other produce, locally sourced where possible.
Fruit and vegetables are sold loose whenever possible to help our customers reduce plastic packaging and food waste. We continue to act as a hub for the local community as well as providing local employment, whilst our central location in the village helps villagers with restricted mobility and reduces food miles.
To invest in the business, support our work and have your say, please visit the Shares page. Information on the current management committee is here.