Tel. 07437 165949
FCA Registration No: 7656
VAT No: 289 5582 37
Broadband for Surrey Hills Ltd (known as B4SH) is a registered society under the Co-operative and Community Benefit Societies Act 2014 (registration number 7656.)
Day-to-day operations are overseen by a board of directors who are answerable to the society’s members. B4SH’s annual accounts and statutory returns will be available to view on the Mutuals Public Register maintained by the Financial Conduct Authority (FCA).
The society aims to:
• Provide high speed broadband to domestic and business premises located in the rural areas of the Surrey Hills, especially those areas which are poorly served by their current broadband suppliers;
• Promote the take up of broadband and the internet and the use of information and communication technology generally;
• Provide opportunities for public-spirited people and organisations to contribute to the community, financially or by volunteering, with the expectation of a social dividend, rather than personal financial reward.
As a Community Benefit Society, B4SH must operate for the benefit of its defined community (ie its potential clients) rather than only for the benefit of its members and shareholders. B4SH can pay interest on its shares but only at a level necessary to attract and maintain the investment needed to fund the network construction and operation. Any surplus funds must be used to benefit the community and not be distributed to shareholders.