Investing
If you wish to invest, the Community Share Offer document, 2025 Business Plan, Nomination of Shares on Death Form and our Volunteering Form are now available to download – please see the Documents section. The Volunteering Form can be completed whether you buy shares or want to support the project with your gift of time.
Any member of the Management Committee as detailed in the Share Offer Document will be pleased to discuss any element of the Community Share Offer and Business Plan.
HMRC Advance Assurance
Seed Enterprise Investment Scheme (SEIS) and Enterprise Investment Scheme (EIS) Advance Assurance
Company: The Hollybush Draethen Ltd
Date requested: 27 May 2025
Proposed investment amount: £605,000
Class of Shares: Ordinary
Knowledge Intensive: No
On the basis of the information you have provided, we believe we will be able to authorise the company to issue compliance certificates under Section 257EC(1) of the Income Tax Act (ITA) 2007 in respect of Ordinary Shares issued to individuals, following receipt of a properly completed form SEIS1. This provisional authorisation relates to the proposed investment amount above.
On the basis of the information you have provided, we believe we will be able to authorise the company to issue compliance certificates under Section 204(1) ITA 2007 in respect of Ordinary Shares issued to individuals, following receipt of a properly completed form EIS1 within the time limit prescribed by Section 205(4) ITA 2007. This provisional authorisation relates to the proposed investment amount above.
This assurance is based on the legislation which is in place on the date of this notice. If the legislation changes and takes effect on or before the date of any share issue, the assurances we have given may no longer apply.
You have told us that you believe you meet the legislative requirements. HMRC may not be bound by the assurance given where you have provided incorrect information, or your circumstances change before the share issue date. Further information is provided in our Venture Capital Schemes Manual at VCM60240 and VCM60140
Investors
The assurance given is only in respect of the SEIS and EIS. It is not an endorsement of the company. Investors are advised to conduct their own due diligence before investing.
Further information on the advance assurance process can be found in our Venture Capital Schemes Manual at VCM60050.