Hemlington Lake Recreation Centre

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Hemlington Lake Recreation Centre

Tees Valley Community Asset Preservation Trust is a registered charity (CIO) which was established in 2015 in response to local government spending cuts. Its principle aim is to save community centres, sports facilities and village halls from closure by stepping in to offer free advice and support to organisations who feared losing their buildings due to funding cuts.

 

Duration
7 years
Cost of capital
6.5%
Turnover
£126,000
Investor Details
Key Fund
Amount invested
£35,600
Product type
Blended – part grant, part loan

What is a Social Enterprise?

Blog
To celebrate Social Enterprise Day, we’ve put together a short blog that takes you through the world of social enterprise. From learning more about ‘what is a social enterprise’ to useful tips and inspiring case-studies – grab a cuppa, and enjoy!

Cafe van Gogh

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Image shows 3 people behind the desk at a cafe

Café van Gogh is a restaurant with a social and environmental mission in Brixton. Apart from serving delicious vegan and seasonally changing food, the restaurant also provides employment and training opportunities for people additional needs, like learning disabilities and mental health challenges.

Duration
3 years (extended to 5 due to the pandemic)
Cost of capital
7.5%
Turnover
£427K
Amount invested
£19,200 (unsecured)
Product type
Unsecured loan (incl. overdrafts)

Greenwashing

Greenwashing describes the process of disseminating false or misleading information about how a company’s products are deemed environmentally sound. In the context of  investment and social investment, this particularly refers to un-substantiated claims about the sustainability characteristics of an investment product. 

Energy Security

This describes access to reliable and affordable sources of energy. For many social enterprises and charities, various global contexts have caused difficulties for energy supply, pushing up prices and making it difficult for organisations to continue to operate sustainably. In addition, many beneficiaries of social enterprises and charities are deemed to be in fuel poverty, meaning the demand for services is ever-increasing. 

Climate Justice

This term recognises that although global warming is a crisis affecting us all, the effects are not felt evenly around the world, resulting in inequitable outcomes for some communities. The concept refers to this ethical challenge and how we can continue to protect the planet in a way that creates a fairer more just and equal world in the process. 

Green Economy

A Green Economy is an economic model. It’s usually described as low-carbon, resource-efficient and socially inclusive, whereby growth is determined by public and private investment into ‘green’ infrastructure, reducing our emissions and building our capacity to adapt to climate change.