The Colyton & Colyford Community Land Trust came into being in April 2018 when a small group of volunteers formed a steering group.
We have benefitted greatly from professional advice from the Wessex Community Land Trust Project, whose remit is to provide comprehensive support to Community Land Trusts at various stages of development across Devon, Dorset and Somerset. We also have the welcome backing of Colyton Parish Council, East Devon District Council (Housing Needs), and the Devon Rural Housing Partnership (Devon Communities Together).
Progress had been rapid, and in June we were registered as a Community Benefit Society, which means that we are incorporated and can conduct business for the benefit of the community. Profits are not distributed among members but returned to the community. A Community Benefit Society has clear social objectives, is run and managed by its members and must submit annual accounts.