LOCKING  PARKLANDS


COMMUNITY  INTEREST  COMPANY

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The Locking Parklands Community Interest Company has come about as part of the partnership between the developers, St Modwen and the Homes and Communities Agency [HCA], who are owners of the land.  It was set up to provide for the management and  maintenance of the unadopted public parts of the growing estate development of residential new build homes at Locking Parklands, in the village of Locking, North Somerset. The legal status is that of a ‘community interest company’ limited by guarantee and incorporated on 16 February 2012.  The company registration number is 07952707.  The founding Directors are William Oliver and Rupert Joseland. The company has no shareholders, but members, who are the property owning residents of the development.   

BEHIND  THE  SCENES -

Community Interest Companies are of great value to the community they serve, as their assets, income and surpluses are only to be used directly for the benefit of the community.  The assets are owned and retained by the company, rather than the members.

There are no set rules for the organisation or structure of a community interest company - this is for the organisation itself to determine its way forward.  However, the Articles of Association clearly set out, through its objects, the way in which fees can be collected for the provision of services to manage, maintain, insure, build reserve funds and to protect the long term viability and sustainability of the Locking Parklands development.  This is, in itself, a long term project taking up to fifteen years to reach completion.

 

Promotion of sustainable redevelopment, energy efficiency transport, recycling and

waste disposal

Report to Companies House

ABOUT USCIC34-EndYearREPORT-Nov2015.pdfWasteCollectionRota1.pdf

Promotion of social and community cohesion

Promotion of play and recreational facilities for children and young people

Also set out within the Articles of Association are the clauses appertaining to the establishment and provision of community life at Locking Parklands. These objectives are clearly defined:

Provision for the advancement of education and training of people of all ages, resident and working within Locking Parklands

Promotion of a safe and attractive environment

Promotion and

adoption of measures to involve the residents and occupiers  of Locking Parklands in the long

term stewardship of

Locking Parklands

Mainstay Residential

The Managing Agent

The Housing Association Provider

HOME Mainstay Residential CIC34-EndYearReportNov2016.pdf

2015

2016

Liverty [formerly Knightstone]