Information about WACA

Society Name: Wadsworth Area Community Assets Limited

Registered with Financial Conduct Authority: Community Benefit Society No 9476

Directors:

Chair: Helen Plaice
Treasurer: Nigel Sagar
Secretary: Jane Summers
Director: Vanessa Barry
Director: Steven Dole
Director: Jenny Slaughter
Advisor to the Board: Patrick Morrello

Current Project: To purchase Old Town Post office, shop and café into community ownership.

Timescale: We are hoping to agree a purchase price for the property and business around the start of April 2025, and to launch the share offer to raise the funds during May 2025.

• Not for profit – money is reinvested back into the business.
• Open, transparent and keen to engage with as many people as possible
• Currently managed by a small board of local volunteers, who offered to work on the initial phases….
• …with more volunteers on working groups to take our aims for the Post Office forward.

• Anyone over the age of 16 can apply to be a member once we launch our membership drive.
• There will be annual elections to the Board – members can stand for election, and vote for board members each year.

• In the future we will be applying for grants and issuing a Community Share Offer to raise money to purchase the Post Office.
• Current fundraising is to cover the costs of publicity and setting up the organisation.