Ownership and funding

Social Streets C.I.C is a not-for-profit news and media organisation that publishes local news and culture magazines in London, United Kingdom, including Roman Road LDN, Bethnal Green LDN, Poplar LDN and Whitechapel LDN.

Social Streets C.I.C, Company Number 08533645, and is a registered Limited company covered by the laws of England & Wales.

Social Streets full registered address is 13 Selwyn Road, London, E3 5EA. The business contact number is 020 3972 4988.

Social Streets is a Community Interest Company, which means the Company is not established or conducted for private gain and any surplus or assets are used principally for the benefit of the Community.

The charitable objective of Social Streets, as stated in the Articles of Assocation, is to increase participation in local communities and in projects that benefit the community.

The Ownership Structure of Social Streets comprises 100 shares, of which Miss Tabitha Stapely owns all shares.

There are two directors of the business – Founder and Director Miss Tabitha Stapely and Company Secretary Mr Paul O’Neill.

Social Streets is the sole owner of the lists of signed up Subscribers on all its publications and all its social media platforms.

We receive monthly donations from our readers. The average donation amount is £3 per month.

So far the largest single individual donation received has been £1,000 during the 2020 crowd funding campaign.

If any donations over £5000 are received it would be our intention to publish these on our website.

We are under no obligation to accept all donations and if we felt at any time such a donation would compromise our work or integrity we have a right to refuse it.

We receive listings fees from local businesses. These are capped at £18 per month for all businesses and are reduced to £6 for local businesses.

We also have an online shop that sells branded merchandise and the profits from this are reinvested in the news and media organisation.

We aim to be fully funded by reader donation and business listings within five years. Until that point, the majority of the editorial operations is cross-subsidised by providing digital marketing services, training and consultancy.

Social Streets regularly works for London Borough of Tower Hamlets providing digital training to market traders and small business owners who have low digital skills. Monies we receive for this is spent entirely on our education programmes and in no way subsidises or influences our editorial work.

We comply fully with the company laws of England and Wales and as such full accounting procedures are in place.

We also comply fully with GDPR laws on data privacy and are open and transparent about any data we hold.

If you have any questions related to the above please e-mail us on tabitha@socialstreets.co