Share offer information

What is an EIS?
EIS stands for Enterprise Investment Scheme. It is run and supervised by HMRC (ex Inland Revenue). It consists in a series of tax reliefs to encourage investment in small business (less than 50 employees, less than £7m worth) for whom raising capital is difficult.
Once HMRC approves the business plan, subscribers who purchase shares receive a tax credit of 30% of their investment subject to keeping their investment in the company for at least 3 years. You can look at this as a guaranteed 30% return over three years, or as a discount over the cost of the shares.
The minimum investment is £500 and the maximum is £500,000.
After three years the subscribers can withdraw their investments if they so wish; but as shareholders they are entitled to annual dividends if the company makes a profit.

What is Sands Films EIS for?
Sands Films is raising this capital to purchase Grice's Granary, the grade II listed property it has restored, occupied and looked after since 1975. The shareholders' money will therefore be safely secured by the asset, but also tied-up with it. It is meant to be a long term investment. Nevertheless, in order to make it possible for some investors to withdraw their funds if they so wish, the company will create a re-acquisition fund.

How much time is there?
Sands has exchanged and the completion date is now set to 11th May 2012.
Much has been raised, but the scheme is not complete.
In the time remaining a couple of shareholders have provided the cash required to complete whilst the fund raising continues.

If you are interested in becoming a Sands Films Shareholder, please contact us for a talk and a visit of the studio.
We will open up our doors to those who wish to have an opportunity to sign up.
Those informal meetings are an opportunity to answer your questions about the EIS tax scheme,
show you the stage and the workshops and talk about the future of the company.

Click here for The Daily Telegraph article about Sands Films EIS

Click here for The Guardian Money section article about Sands Films EIS and EIS in general

Reuter agency also has a mention of Sands Films project.

Sands Films'ABC

“A” is for ART.
Sands Films is a studio where feature films are prepared and produced. Designers come to have costumes made by skilled and talented seamstresses. Actors and directors rehearse and shoot on the stage. The picture library provides reference and inspiration to students and professionals alike. Sands Films is a place where skills and techniques are used creatively and with imagination.
To subscribe to Sands Films Enterprise Investment Scheme is to be involved with its ART.

“B” is for BUSINESS.
Sands Films is a reliable and long standing business handling large and varied contracts. Clients comes from Europe and the USA for the quality of Sands Films award winning work. The company provides employment and training for over 25 people and has a turnover in excess of £1m. HMRC has approved Sands Films as a qualifying trade for granting a 30% tax relief to its investors.
To subscribe to Sands Films Enterprise Investment Scheme is to be part of its BUSINESS.

“C” is for CONSERVATION.
Sands Films has restored, occupied and looked after Grice's Granary since 1975. This grade II listed building is a rare example of early industrial architecture (1784) still in use as a working building. Using the Granary as a creative workspace also open to the public and the local community, has protected the building and its heritage from speculative redevelopment.
To subscribe to Sands Films Enterprise Investment Scheme is to support the building's CONSERVATION.

How to get involved?
Either for Art, for Business or for Conservation or perhaps for all three reasons, many people have joined the scheme.
If you are interested in becoming a Sands Films Shareholder, pleaser call or email to join us for a talk.

COME TO THE STUDIO:

400 investors!

Sands Films Share offer document is available from Olivier at the studio: