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Do YOU want a slice of Cheran’s?

We are CROWDFUNDING via @seedrs and we can’t wait to give you a slice of Cheran’s.

You can own a part of our well loved bakeries, and join our mission to have a shop in every town.

What is Crowdfunding???

Crowdfunding is a way of raising money by getting small or large amounts of capital from family, friends and customers. 

This in an innovative way of sourcing funding which in turn can enable us to grow the company.

We’ve got so many exciting things in the pipeline,

We want YOU to help us push this business, and in return, you will get amazing rewards along the way and join us on our mission to grow. 

Here’s a few reasons why you should invest

  • We’ve opened 5 shops in 14 months
  • In that short period of time, we’ve achieved a revenue to date of over £1.2 million
  • We’ve sold over 60,000 brownies, 100,000 cookies and 30,000 milkshakes to so many loyal customers
  • EIS eligible. Please note that tax treatment depends on individual circumstances and is subject to change in future.  

Want to have a slice of Cheran’s?

What is EIS?  

Enterprise Investment Scheme (EIS)

The Enterprise Investment Scheme (EIS) is a UK government scheme designed to help smaller, higher-risk companies raise finance by offering tax reliefs to individual investors who purchase new shares in those companies.

Key Features of EIS:

1. Tax Reliefs: Investors can benefit from a range of tax reliefs, including:

   – Income Tax Relief: Investors can claim back up to 30% of the cost of the shares against their income tax bill for the year in which they invest.

   – Capital Gains Tax (CGT) Deferral:** Investors can defer a capital gain by investing the gain in EIS shares.

   – CGT Exemption: If EIS shares are held for at least three years, any gain on disposal is exempt from CGT.

   – Loss Relief: If EIS shares are disposed of at a loss, the investor can offset the loss against their capital gains or income in the year of disposal or the previous year.

   – Inheritance Tax (IHT) Relief: EIS shares are generally exempt from IHT if held for at least two years and at the time of the investor’s death.

2. Investment Limits: There are limits on how much can be invested under EIS, both for the individual and the company.

   – Individual: An individual can invest up to £1 million in a tax year. This can be spread across multiple companies.

   – Company: A company can raise up to £5 million each year through EIS and other venture capital schemes.

3. Company Eligibility: Not all companies are eligible for EIS. The scheme is targeted at smaller, unquoted trading companies. There are several criteria, including:

   – Maximum number of employees (typically less than 250).

   – Certain financial thresholds.

   – Must be a UK-based company.

   – Certain trades are not eligible, e.g., banking, farming, and property development.

4. Share Requirements: The shares issued must be full-risk ordinary shares, and there can’t be any arrangements in place to protect the investor from the usual risks associated with investing in shares.

5. Holding Period: To retain the tax reliefs, investors must hold the EIS shares for a minimum of three years.

Purpose of EIS:

The main objective of EIS is to encourage investment in startups and small businesses, which can often struggle to secure funding from traditional sources due to their perceived high risk. By offering tax incentives, the government aims to make these investments more attractive to individual investors.

Rewards to enjoy on the journey:

>£50 – One off 10% discount in store or online

 >£100 – One year 10% discount in store or online

 >£250 – One year 15% discount in store or online

 >£500 – One year 20% discount in store or online

 >£1000 – 20% off for a year in store and online, 10% off for life

 >£5000 – 20% off for life in store and online 

 >£25000 – 20% off for life, a 12 months brownie subscription and a birthday cake! 

 >£50000 – 25% off for life and a lifetime of brownie subscription and a birthday cake every year!