Are you looking to put your community at the heart of your organisation?
Mutual Societies are seeing a resurgence across the UK. As arts organisations move toward collective ownership, we help navigate the legal landscape to create resilient, community-owned legacies.
What are Mutual Societies?
Mutual Societies prioritise shared purpose over private profit. Unlike traditional companies, they are regulated by the Financial Conduct Authority (FCA) rather than Companies House.
Transitioning to a Mutual Structure
If your current Private Limited Company, charity, or CIC model no longer fits, we can manage the transition. We specialise in converting your entity into a Community Benefit Society (CBS) while protecting your assets and history.
Our core services:
- Bespoke Rule Drafting: Governance for arts organisations that satisfies the FCA while reflecting your creative values.
- FCA Registration: Full management of the incorporation or conversion process.
- Statutory Asset Locks: Legally binding protection to ensure your mission serves future generations.
- Democratic Governance: Frameworks to keep theatre companies and galleries accountable to their audience.
- Community Share Readiness: Structuring your Rules to raise capital directly from your local supporters.
