The Mortimer Country Food Fair is incorporated as a Company Limited by Guarantee and information on the fair is filed with Companies House and available on line for any-one who wishes to enquire (click here).
This is a big step for the fair and it was made possible by better financial performance. Prior to the incorporation the fair had been subsidised by the organisers and indeed the organisers continue to provide all time and marketing assistance free of charge.
A Company Limited by Guarantee has no shareholders to take profits from the organisation and any surpluses are reinvested towards the organisations activities and purposes. It is also sometimes known as a ‘Social Enterprise’ and indeed the Social Enterprise sector is one of the fastest growing in the UK.