Antwerp Arms Association
ANTWERP ARMS ASSOCIATION LTD
From Pub to Community Hub
The Antwerp Arms Association (AAA) was founded in 2013 to save a small heritage public house in Tottenham, London. We bought the pub from a developer to stop it being turned into flats. Funds were raised through a share offer and a grant from the Social Investment Bank. In March 2015 the AAA took on the ‘Annie’ and opened it as North London’s first Community Owned Pub.
We publicised our campaign and share offer locally on Facebook and Twitter. This attracted a vast amount of local and national media, from the BBC to London Live. Our local community choir, the fabulous New Tottenham Singers led by Choir Master Tom Folkes created and produced a promotional video for the sale of shares; ‘Who is Annie’
The AAA now has over 400 Shareholders who elect a Management Committee at an Annual General Meeting (AGM) every September. The AAA employs a full time Manager and part time staff to run the operational side of the business. Volunteers help with community work, maintenance and gardening. The Committee meets monthly and oversees the strategic and community aspects to:
• Improve the local environment
• Increase employment opportunities
• Develop community cohesion
Become a shareholder of The Antwerp Arms – North London’s first Community Pub.
You can support your community pub by becoming a shareholder. We support vulnerable people in crisis, reduce isolation and raise awareness for people with disabilities.
For only £50 per share, you can own a part of your favourite pub and vote at our Annual General Meeting. We are always looking for skilled shareholders to join the committee. Ten shares for £500 gets you a 10% drink discount or double up to get your name above the bar.
To find out more and apply for shares, download share form HERE . Complete and email your form to email@example.com
Payment is by cheque payable to the Antwerp Arms Association or by bank transfer (BACS). Sort code# 20-74-63 Acc# 5378 3065. You can also buy shares in the pub. Just speak to the management.
Buy shares as a Gift for Christmas or birthday for your nearest and dearest or with a group of mates. You can even claim a 30% tax rebate on shares.
A limited number of shares are available to the public. We may close the offer at any time.
A Quick Guide to Antwerp Shares
Most shareholders are entitled to claim Social Investment Tax Relief off their Income Tax bill (please see the HMRC website).
If you hold 4 shares, you will be entitled to interest (see below).
If you hold 10 shares you will get a card to give you a 10% discount off drinks.
Holders of 20 or more shares are Patrons of the Association and are entitled to have a plaque over the bar.
The Association is not yet in a position to buy back shares. When funds are available, the Committee and the Annual General Meeting will need to approve rules. Shares may only be transferred on death or bankruptcy.
Interest on Shares
If the Association makes a profit in a particular year, the committee may decide to pay interest on the shares. This needs to be approved by the Annual General Meeting.
The maximum interest that can be paid at present would be up to 2% of the base rate of the Bank of England. Shareholders may opt not to collect their interest, in which case the money will be used for community purposes.
A dividend of 2.5% was declared for 2016-17 but there was no profit in other years so no dividend was declared. The accounts of each year are prepared during the summer of the same year.
Legal details relating to the Community Shares are contained in the Society’s Rules. This guide is based on those rules.
We couldn’t have done it without you!
THANK YOU to all our Shareholders, who helped buy the pub for the community, and are continuing to support improvements to the business.
Thank you to the following for being part of our amazing journey – apologies if we have omitted anyone.
Local Friends who got the dream off the ground…
Dick Tomlinson, Pam Cole, Nadja and Peter Remke
Friends who encouraged us and said ‘Go for it!’
Ellie Kershaw of Tottenham Hotspurs Supporters Trust
Helen Melia of The Plunkett Foundation
MP David Lammy for supporting our ACV
Friends who have given professional advice and offered their services for free!
Martin Hough, Ring Back Communications Ltd. for electrical Installations
Andy Moffatt and Sam Rigby of Redemption Brewery
John Bays Solicitor
Jonathan Harris of Harrisment Design for design, website and branding
Simon Morgan for website Copy writing
Paul Taylor of Tottenham Hotspurs
Tottenham Traders Partnership
Jacquie Beck (Business plan advice)
Michael Nicholas of Camden Bars
The Beehive (for hosting our meetings)
Agnieszka Seemungal for Recruitment advice
Derek Lewis of Glickman’s Ironmongery
Christine Patterson Barclay’s Bank
Wildes Cheese Boys Wildes Cheese
Friends who have spread the word!
BBC London News
Julia Moore LBC Radio
The News Team at London Live
The Tottenham & Wood Green Independent
Tom Fowkes of the New Tottenham Singers
The Tottenham Traders Association
Rob and Deborah of Bruce Castle Park Museum
Joyce Rosser of Sustainable Haringey
Dave Morris of The Friends of Parks Forum
Suppliers who have stepped in to help!
Tottenham Hotspurs Supporters Trust