Invest
Together
Invest
Create
Change
Our Aims
We raised a total of £518k from our first share offer and various grants. Combined with the money already raised from this share offer we have been able to purchase the building, carry out essential renovations, and employ staff to run the project. Help us reach our target of £312,205, which will enable us to:
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Complete Phase 1 renovations making the building safe and welcoming
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Start to host events from Spring 2026
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Make our office-studios available to let in Spring 2026
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Support current community groups in the building and welcome new ones
How do I invest?
If you would like to invest online, select the button below.
If you would prefer to invest via cheque, then you will need to complete a form. You can complete the form online or print a form and return it to us. Cheques are made payable to "Friends of the Wesley Otley Limited".
You can also collect a form from Otley Common.
Return completed forms to hello@otleycommon.org or deliver to
Otley Common, Otley Methodist Church, Walkergate, LS21 1HB
If you have any further questions, please call us on 07942925662
Share Offer
Target Return:
(available from four years after the close of the share offer)
6.25% per annum
Minimum Raise:
£94,669
Optimum Raise:
£312,205
Maximum Raise:
£509,979
Minimum Individual Investment:
(contact us if this is unaffordable)
£200
Maximum Individual Investment:
£30,000
Opens:
17th February 2025
Closes:
31st March 2027
The board of directors of may choose to extend the period of the share offer, if we have not reached any of our fundraising targets by this date. Further information can be found in our share offer document.
Community shares are a form of social investment.
They offer communities a chance to own shares in a local organisation. Community shares are withdrawable shares that cannot be sold, traded or transferred between members, unlike shares in a typical company.
Members can be paid interest on their shares, and also withdraw their shareholding, along with any interest they receive. This is subject to the approval of the board.
All members are entitled to one vote regardless of how many shares they hold.
What are community shares?
Community Shares Standard Mark
The Community Shares Standard Mark is awarded by the Community Shares Unit to offers that meet national standards of good practice.
These standards ensure that:
• The offer document and application form are easy to understand
• You are provided with all the facts you need to make an informed decision
• The facts are supported by the annual accounts and/or business plan for the society
• Nothing in the documents is purposefully incorrect, confusing or misleading
Societies are asked to sign a Code of Practice requiring them, among other things, to give the public a right of complaint to the Community Shares Unit. For more information about community shares, the Community Shares Standard Mark and the Community Shares Unit go to: www.communityshares.org.uk
Did you know you can invest on behalf of an organisation, in trust for under 18s, or with a group?
If you want to buy shares on behalf of an organisation or group, or in trust for a person under, please select these options when completing the form above.
Risk Statement
Community shares are a risk. You could lose some, or all, of the money you invest in this share offer, without recourse to the Financial Services Compensation Scheme or the Financial Ombudsman Service.
Share Offer Documents
Reserves policy
Click here to view the constitution and rules of Friends of the Wesley Otley Limited