Fair Trade Sports Balls Limited
Fair Trade Sports Balls Limited
Summary
Updates (3)
Investors
 
Founder
Board of Directors
Location
Glasgow, Scotland
Funding Target
£ 150,000
Project Type
Days Left
Expired on 31 Jul 2015
Reference
30

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About the project

More money is pouring into sport than ever before. Yet few of the benefits reach those at the bottom, the producers of the balls on which so many sports depend.

Fair Trade Sports Balls Limited (trading as Bala Sport) is a new co-operative venture that plans to take Fairtrade Sports balls to the same level of awareness and sales as other popular Fairtrade products such as bananas, coffee, tea, sugar and chocolate.

Our sports balls come from Fairtrade accredited factories in Sialkot, Pakistan, where both workers and the wider community benefit from the Fairtrade premium that is paid.

Our share offer document outlines how you can help us to achieve this goal by investing as little as £50 in our business, but we hope you will invest more if you can afford it.

This share offer meets the Community Shares Standard

Our target from this share offer is £150,000 and the offer will close on 31st May 2015. It is hoped that UK investors will be able to set 50% of the cost of their shares against tax under the terms of the government's Seed Enterprise Investment Scheme (SEIS), which will be confirmed by HMRC once they have reviewed this offer document. If a minimum of £50,000 is not reached all monies will be returned.

We do hope that the accompanying documents will provide you with all the information that you require and that you will become a part of Bala Sport and help bring Fairtrade sports balls to the market.

About Board of Directors

The founding directors came together through their shared passion of Fairtrade principles. With a diverse spectrum of business backgrounds they offer a wide and varied specialist skill set including expertise in finance, retail sales, marketing and communications and sports club facilitation. Our board comprises:

Martin Meteyard (Chair), Co-operative business consultant and former Chair of Cafedirect plc and the Scottish Fair Trade Forum

Jim Lister (Secretary), Director of Fair Pley arts production company

Hugh Donnelly (Treasurer), Director of the Co-operative Education Trust Scotland and Secretary, Glasgow Fairtrade Co-operative

Annie Howie (Joint Managing Director), Independent business consultant, former Head of Energy Derivatives at Credit Lyonnais

Angus Coull (Joint Managing Director), TV prouction freelance and former Marketing and Communications Officer, Fairtrade Australia and New Zealand

Andrew Jenkin, Acting CEO of Supporters Direct Scotland

Martin Stepek, CEO, Scottish Family Business Association

Kevin McCullough, Joint Head of Campaigns, the Fairtrade Foundation

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Board of Directors 1

Documents

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Total shares available
£ 150,000
66 % SOLD
Now's your chance
£ 98,400
sold so far
43
funders
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