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Our purpose is to provide platform to entire Hindu community within Sutton and surrounding area to celebrate our culture together |
To live to that purpose, we have an ambition to |
Establish a temple within Sutton or surrounding areas |
We are guided by our values |
Dharma |
Committment |
Community |
| We care deeply about the positive difference we can make in our Hindu community lives | We understand the impact we have on Sutton and surrounding area and take the responsibility that comes with it seriously | We recognize strength that comes from working as one team with the community, built on trust and respect |
We have a clear strategy to raise Temple fund |
Invest in SHCS Holding Limited |
Donate to SHCS Charity |
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Invest towards property purchase by retaining legal rights. Drives commitment to establish temple in a time-bound period
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Donation to SHCS Charity will provide tax relief to the donors and enable SHCS Charity to claim additional 25% cash benefit through Gift Aid
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Your Temple |
| Click here to invest in SHCS Holdings Ltd |
Key benefits of this structure |
| Shareholders gets the legal right over property through holding shares in the SHCS Holdings Limited. |
| Reassured approach for the members and volunteers as the donations will go to buy an Asset only and not used for expenses or any other purposes. |
| The memorandum of association of SHCS Holdings Limited prescribes that own real estate will be leased to SHCS Charity only. |
| Given SHCS Holdings Limited and SHCS Charity are regulated by Company House and The Charity Commission, both will be managed as a separate entities with documented segregation of processes and independently verified financial positions. |
Governance framework |
| SHCS Trustees to nominate at least 2 Directors and a Secretary |
| Shareholder with min £50k shareholding, eligible to get a new Director role |
Share Subscription |
| Minimum Share Subscription of £500 |
| Share Subscription offered in a multiple of £500 |
| Non £500 multiple amount will be used as donation to SHCS Charity |
Shareholder rights |
| Shareholders rights within SHCS Holdings Limited will be similar to the rights in any company |
| Board of Directors of SHCS Holdings Limited to engage with Shareholders to seek approval to purchase or to lease the property to SHCS |
| Shares are transferrable upon notice to the Board of Directors |
| No dividend will be paid by SHCS Holdings Limited |
Principle business activities |
| SIC 68100: Buying and selling of own real estate |
| SIC 68209: Other letting and operating of own or leased real estate |
Phase 1 |
Phase 2 |
Phase 3 |
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In the event property is not identified and purchased by 31 Dec 2028, ALL amounts will be paid back in early 2029. |
| Click here to invest in SHCS Holdings Ltd |
| Click here to Donate to SHCS Charity |
| Note: Donations provided for the temple will be ring-fenced in a separate bank account to buy an Asset and not used for other temple operations. |
Financial comparison of Fund Raising Options |
Invest in SHCS Holdings |
Donate to SHCS Charity |
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| Tax Relief | No tax relief |
Tax relief available upto 26.5% tax relief |
| Gift Aid | No Gift aid | 25% Gift Aid on against tax paying Individual donations |
| Stamp duty on Property | Yes | Exempt |
Invest in SHCS Holdings |
Donate to SHCS Charity |
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| Ownership | Investors have Legal ownership via company shares | Donated money owned and managed by SHCS Charity |
| After 5 Years | Money returned if temple not established in 5 years | Money will go to the Charity causes |
| Payment Amount | Invest in multiple of £500 | Donate any amount |