Option A (Small)
Option B (Medium)
Option C (Large)
The following areas of budget costing have been considered within the calculations indicated above for each scenario:
It is anticipated that the Cooperative would be VAT registered and therefore VAT would be reclaimable for the majority of purchases, all budget prices indicated are ex VAT.
These illustrative calculations provide approximate budget costings for 3 different sized scenarios. These are current budget costings and not final calculated costs, so subject to variation and considered as budget costings. For each scenario, a reasonable valuation has been set for the cooperative reserves, 8% of total costs for the small option, 7.25% for the medium option and 6.5% for the largest sized option.
Household plot size is consistent for all options at 5 acres, however the communal land area per household increases the greater the cooperative membership size.
A small sized cooperative, with 25 members forming the tribe, with an approximate occupation of 3 members per household. Each member would initially purchase their 1/25th share of the cooperative for £124,700
A medium sized cooperative, with 50 members forming the tribe, with an approximate occupation of 3 members per household. Each member would initially purchase their 1/50th share of the cooperative for £123,880
A larger cooperative sized option, with 100 members forming the tribe, with an approximate occupation of 2.5 averaged members per household. Each member would initially purchase their 1/100th share of the cooperative for £122,200
Economies of scale factor in for each cooperative size option, the larger the tribe, the greater the opportunity for bigger discounts on building costs and equipment purchasing. Ongoing running costs are more diluted with larger member numbers and the initial land purchasing is lower on a cost per acre calculation.