Specialist advice for financing charities and social enterprises
For over 25 years, solicitors at Wrigleys have been advising on the establishment of investments for social purposes.
Which methods of raising finance do Wrigleys advise on?
Mechanisms available to charities and social enterprises for raising finance include:
- Community share issues (for example community shops, pubs and railways);
- Bond issues (including providing for a financial return for investors);
- Renewable energy; and
- Incorporating Enterprise Incentive Scheme Tax Relief may be available for investors.
Wrigleys has also contributed to the development of this area through its involvement with European Commission studies on the regulation of social banks in Europe, the publication for the Charities Aid Foundation of the book Social Investment and other financing techniques for voluntary organisations and advice to some of the organisations leading the field of social investment.
‘The practice is extremely responsive to any queries and proactive in anticipating what might happen.
They always respond within a matter of hours to queries and seek to explain complex issues in clear terms, especially for people with only a basic legal knowledge.’
Legal 500 (2022)
'Malcolm is one of the leading gurus on issues affecting community benefit societies.'
of Peter Parker 'He worked collaboratively with us to meet our requirements and provided an excellent service.'
Chambers and Partners (2022)
