- You will be contributing to the reduction in global dependence upon fossil fuels. There is an ambitious national target to have 100% of our electricity green by 2020. It will take a lot more than this project to get there but every little helps.
- By buying shares you have a chance to support this exciting project which will generate funds for the community and help promote renewable energy.
- You will be a member of a Community Benefit Society: established for the benefit of the community, and contributing to the development and sustainability of that community.
- There is, of course, a financial benefit. A Community Benefit Society can pay members interest on their shareholding. Apple Juice anticipates paying an average of 4% (gross) per annum. Advance assurance has been applied for from HMRC that the shares are eligible for tax relief under the Seed Enterprise Investment Fund (SEIS) and the Enterprise Investment Scheme (EIS). Other community owned hydro schemes in Scotland have qualified for this tax relief.
How to Invest?
Complete the appropriate application form, which can be downloaded from this site or contact Alison Macleod for a paper copy. Return your completed application form, along with a cheque made payable to Apple Juice (Applecross) Ltd to Alison Macleod, The Schoolhouse, Applecross, Wester Ross, IV54 8LU.
The minimum shareholding is £300, the maximum £50,000. Each shareholder has one vote, regardless of how much they have invested. It is important to know that the level of your investment will remain confidential.
BACS payments can be made to: Apple Juice (APPLECROSS) Ltd,
Account number 65756959
If you do make a BACS payment please let us know by e-mailing Alison Macleod: firstname.lastname@example.org or by telephoning 01520 744348. You must still return the application form to us.