TO BUY THIRD ISSUE SHARES IN BROUGHTON VILLAGE STORE PLEASE DOWNLOAD EITHER SHARE APPLICATION FORM AND RETURN BY EMAIL TO shares@broughtonvillagestore.co.uk or on paper to shop staff. Shares can be paid for by bank transfer but now for the first time you can pay for shares over the counter with card or cash – you still need to fill in the form, and you will be issued with a receipt that must be retained until you receive your share certificate.
download share application form (Word doc)
download share application form (pdf)
Bank transfer details
Upper Tweed Community Enterprise Ltd
a/c no 18772065
sort code 80-22-60
Between 2019 and 2024 over 300 individuals purchased shares in Upper Tweed Community Enterprise Ltd (UTCE) to the value of £98,450. Alongside substantial grants from Government and commercial entities, these funds provided vital support for the community purchase and later expansion of the village shop in Broughton.
Now we are offering another opportunity to contribute to this essential local business. Buying shares now will establish a capital reserve that will help protect your community-owned shop in the future. For those that have recently moved to the area, becoming a new shareholder allows the business to identify supporters within the community. Every shareholder is eligible to stand for election to the UTCE Board and has equal voting rights irrespective of the number of shares held. This THIRD share issue is open to everyone over the age of 16, including existing shareholders. The total value of shares held by one individual cannot exceed £8,000. The minimum subscription is one share (£25). Each individual family member or organisation must complete a separate application form.
Broughton Village Store Community Shares cost £25 each
Community Shares are a special form of investment used by community groups to raise money and involve people in community projects. Anyone with an interest in the project, whether or not they live in the area, can buy shares.
Unlike normal shares, you can’t sell them on and they don’t go up in value. Shareholders may withdraw their money under certain circumstances if the management committee agrees that it will not affect the operation of the business. Any withdrawals must be funded from trading profits, reserves or new share capital and at the discretion of the Board of Upper Tweed Community Enterprise.
It is best to think of community shares as an investment in the future well-being of the community rather than an investment you will make money on.
Anyone buying shares in a community-owned business should satisfy themselves that the business in question is legitimate, solvent, and capable of working productively and efficiently with potentially large amounts of share capital. Since its creation in 2018, Upper Tweed Community Enterprise Ltd (UTCE) has raised funds from multiple sources to purchase and refurbish Broughton Village Store in 2019, and subsequently raised considerably more to build a new extension that has transformed the shop into a large and welcoming retail space. So as not to lose trade during building, UTCE arranged for the conversion of a cottage annexed to the Village Hall into a temporary shop.
Click the links below to see the share issue prospectus for our two previous share issues.
Broughton booklet for first issue shares
Broughton booklet for second issue shares
To see the governing rules of UTCE, approved by the Financial Conduct Authority, please click the link below.
UTCE Plunkett Rules V6 FCA Approval 5-Apr-23
To see the most recent company accounts please click the link below.
Company Accounts 2024-2025 y/e 31 March 2025
A permanent engraved steel plaque has been commissioned that records the extent of our support and funding:
BROUGHTON VILLAGE STORE
is owned and managed by
UPPER TWEED COMMUNITY ENTERPRISE LTD
a Community Benefit Society registered
with the Financial Conduct Authority No. 7979
These premises were purchased on behalf of the local community
and started trading as a Community Shop on 22nd June 2019.
The rear extension opened on 30th April 2025.
The purchase of the shop and its subsequent expansion
were generously supported by
THE SCOTTISH LAND FUND
NADARA GLENKERIE WIND FARM
SSE CLYDE WIND FARM
SOUTH OF SCOTLAND ENTERPRISE
SCOTTISH BORDERS COUNCIL
COMMUNITY SHARES SCOTLAND
OVER 300 INDIVIDUAL SHAREHOLDERS
AND NUMEROUS LOCAL VOLUNTEERS