Invest
A very warm welcome to our Investment area
Secret Projects is the trading name for Secret Projects Community Benefit Society Limited. Our society was registered on 10th October 2019 and our registration number is 8216.
A Community Benefit Society is an enterprise run by the community for the benefit of the community. In the case of Secret Projects Community Benefit Society, the community benefiting from our activities are the women (and their families) in India who are part of our Maker Community.
Community Benefit Societies sell community shares to people that care about the community being benefited. Please watch this video to understand more.
How to use this page
Our Invest page is designed to help you learn more about investing in Secret Projects Community Benefit Society, the process for buying shares, as well information for those who already own shares and those who have been gifted shares. You will find the following sections:
Join us! In this section watch a video we put together for our first Share Offer, as well as links to our stories about investing
Investment details: You will find details of who can invest and the minimum share investment as well as a 'frequently asked questions' fact sheet
What are the benefits of being an investor? Here we detail the full list of benefits, including information about interest given on shares
Young Shareholder Pack: View our Young Shareholder Pack here to see what information is sent to children and young people who are gifted shares
How to invest: Find the step by step guidance on how to purchase shares
Already a Shareholder in Secret Projects Community Benefit Society? Information for those who already own shares with a list of communications sent to all Shareholders
I have been given shares in SPCBS as a gift. What do I need to do? We give instructions about the process to follow here
Contact information: You may still have questions and we provide contact details for the relevant person to direct your queries to
Important information about investing in Secret Projects: A note about the risks involved in investing
Join us!
We would like to invite Secret Projects Customers and friends, as well as social investors to join our community of 260 investors and own Secret Projects with us.
The video below was created to inspire our first investors to come on board... Please watch and be inspired yourself.
You can also read our stories about investing with us by clicking the links below.
How can I help? Become an Investor
Buy shares in Secret Projects Community Benefit Society and claim EIS tax relief
Buy shares for a child or young person in SPCBS and start them on their ethical investment journey
Join the world of social investors by becoming Shareholder in Secret Projects Community Benefit Society
Investment details
- Community Shares in Secret Projects CBS are £10 each with a minimum share investment of just 5 shares per person, totalling £50
- Both Adults and under 16’s can own shares
- Shares can be gifted (to both adults and under 16’s)
- Shares can be bought over a period of time and paid for in monthly instalments
We have put together a ‘Frequently Asked Questions’ fact sheet that provides answers to the many questions we have been asked over the last few months by investors.
For further information about how your investment grows when you invest in Secret Projects CBS click here
Of course, if you still have questions, please do not hesitate to contact us – we are always happy to answer any queries you may have. (Contact details can be found towards the end of the page).
What are the benefits of being an investor?
As a member of Secret Projects CBS, the benefits are many (not just the feeling one gets from investing in an organisation that works tirelessly and effectively to empower women in India) and include:
· The ability to stand and vote for the new Board of Directors and on other important organisational decisions
· A digital version of IMPACT SP, our Annual Review
· An invitation to join our live-streamed AGM
· Access to our twice-yearly POWER sessions* and Monday Motivational Message via WhatsApp
· A Young Persons Shareholder Pack for under 16’s, explaining exactly what it means to be a shareholder
· Up to 3% interest on your share capital when the company makes a profit and the right to ask for your money back after 3 years
· For eligible UK tax payers, EIS tax relief is available
Please note: We cannot give tax advice, and can only say that the investment is a valid investment for tax relief. Anyone considering investing with tax relief in mind, should contact a financial advisor to establish your eligibility for this particular form of tax relief.
Young Shareholder Pack
How to invest
If you would like to become an Investor, please follow these simple steps:-
- Email us at: invest@secretprojects.org giving us your full name and advising how much you would like to invest. If you would like to discuss your investment with us before going ahead, please do let us know at this stage.
- Following this, we will contact you with the full details of how to make your investment.
- When you have made your investment and we have received the funds, we will ask you to provide us with 2 forms of identification as follows:
- Photo identification (for example your passport or driving licence)
- Proof of your address (for example a utility bill or a financial statement issued within the last 3 months)
- Following receipt of your identification documents, we will send official confirmation of your shares (and/or to the person/s you have purchased shares on behalf of)
- This should take around 2 weeks
Paying for shares in instalments:
The society operates a share purchase instalments scheme to enable members to spread the payment for shares over a number of months, at the member's convenience.
If you would like to pay for your shares using this method, please indicate this when you make the initial contact via email advising us that you wish to invest.
Please include the following information in your email:
1. Total amount you would like to invest.
2. The monthly instalment payment you would like to make. Please note that for administrative reasons, the minimum instalment value is £2.50.
Following this, we will send details of how to make your monthly instalments and the shares will be allocated after the final instalment has been received.
Already a Shareholder in Secret Projects Community Benefit Society?
Thank you for your investment and for joining us on our mission to empower women in India. We constantly work hard to improve communications with our Shareholders to ensure you are receiving our latest news and notices. Below you will see information about the communications we have sent out via email. If you aren't receiving our emails, please let us know at: invest@secretprojects.org
4th January 2023: Reminder notification and Zoom link for Extraordinary General Meeting 11th January 2023
16th December 2022: Notification of Extraordinary General Meeting 11th January 2023
25th November 2022: Request for assistance with due dilligence
16th September 2022: Secret Projects Shareholders Annual General Meeting Zoom invitation and agenda
7th September 2022: Secret Projects Shareholders Annual General Meeting financial information
1st September 2022: Secret Projects Shareholders Annual General Meeting invitation September 21st with agenda
August 26th 2022: Invitation to the SPCBS AGM, Wednesday September 21st at 1pm (BST)
July 1st 2022: An important update and urgent appeal from Secret Projects CBS
April 7th 2022: Details of the action we are taking to minimize the impact of the current tough business climate and the rise globally in the cost of living
March 25th 2022: Postponement of our proposed Share Offer
November 18 2021: Notice of forthcoming Share Offer
July 8th 2021: Zoom recording and minutes of SPCBS AGM held on 30th June
June 24th 2021: Zoom invitation for the Annual General Meeting 2021 of Secret Projects Community Benefit Society Limited with agenda and profit and loss statement
June 3rd 2021: Notice of Annual General Meeting 2021 with agenda and profit and loss statement, for Secret Projects Community Benefit Society
June 1st 2021: Notice of Special General Meeting of Shareholders of Secret Projects Community Benefit Society
April 27th 2021: Update to Shareholders and Investors of Secret Projects response to the Covid-19 situation in India
December 21st 2020: Secret Projects Community Benefit Society Annual Shareholders Meeting postponed to Wednesday 30th June 2021
December 1st 2020: PLEASE ACTION: Annual Shareholders Meeting of Secret Projects Community Benefit Society
July 28th 2020: Zoom Recording and Special General Meeting Notes
July 24th 2020: Reminder: Zoom Meeting details for Special General Meeting for Shareholders of Secret Projects CBS (Friday 24 July, 1 pm London Time)
July 22nd 2020: Zoom Meeting details for Special General Meeting for Shareholders of Secret Projects CBS (Friday 24 July)
July 14th 2020: Notice to postpone Special General Meeting for Shareholders of Secret Projects Community Benefit Society by one week
July 3rd 2020: Notice of Special General Meeting with agenda for Shareholders of Secret Projects Community Benefit Society Limited
June 26th 2020: Notice of Special General Meeting of shareholders of Secret Projects Community Benefit Society Limited
I have been given shares in Secret Projects Community Benefit Society as a gift. What do I need to do?
If you have been bought shares by somebody as a gift and you have an email address, please subscribe to investment communications and With Heart by clicking the subscribe button top right on our homepage.
If you don’t have your own email address, investment communications can be sent to your guardian or representative (for example, the person who originally purchased the shares) on your behalf. If this applies to you, your guardian or representative should email us at invest@secretprojects.org and give us their email address, including your name as a Shareholder and share certificate number.
We hope the information we have given here has been helpful, but please do contact us as follows if you have questions:
For general enquiries about investing contact:
Margaret Ring, Membership Administrator: invest@secretprojects.org
To arrange a meeting to discuss your investment in detail contact:
Fritha Vincent, Global CEO: fritha@secretprojects.org
Or
Banke Ajayi, Global CFO: banke@secretprojects.org
Important information about investing with Secret Projects
Please note that your money is at risk and not covered by the Financial Services Authority (FSA).
