Where to now? By Penny Bainbridge

How could YoCo become a more robust organisation? That was my challenge over the past 2 months. YoCo has always been an informal grouping of interested people.  The vision of housing and neighbourhood developments will require a legal structure, bank account, and a group of people to take responsibility for it all coming together.

My brief was to look at the steps needed to become a Company Limited by Guarantee (CLG). This structure is easy to set up, is not for profit, and is ideal for the project stage before owning land or property. Technical advice from a specialist legal firm, information from York CVS, and individual help from a range of people and agencies have enabled me to be confident that YoCo could register as a CLG. The information and decision-making has been documented and can be referred to as needed.

Critical to the success of running any sort of company is having a board of directors that operates as a team. Individuals bring their own strengths and  experiences. Motivation to achieve YoCo's vision is more important than technical skills. YoCo needs to find the people who will be the first directors. Are you up for the challenge? If so, get in touch to find out more.

What happens next is a strategic decison for YoCo, and for local people to decide. Further blogs will explore the options, so watch this space.