Tymhorau Dyfi (trading as Tymhorau Cymru) is a (not-for-profit) company limited by guarantee. There are two types of membership: Trading Members, who have voting rights and Supporter members who support the company but are not involved in governance.

Day to day management is done by the CEO, who is responsible to the Board of Directors who have legal responsibility. Trading Members have certain defined rights.

Our ruling documents are the Articles of Association.

(There is also a short AI summary below)

Summary

• Tymhorau Dyfi Limited (Tymhorau Cymru) is a not-for-profit social enterprise company limited by guarantee, operating under the Companies Act 2006 to support sustainable, land-based and land-inspired businesses in Wales.
• Its purpose is to encourage circular economy practices, support craft, art and land-management businesses, help develop markets, share knowledge, and create opportunities such as start-ups, apprenticeships and employment.
• The company has Trading Members (full members with voting rights) and Supporter Members or “Friends” (supporters who pay a subscription but do not vote).
• The organisation is governed by a Board of Directors elected by the members, with day-to-day management delegated to a CEO.
• Members participate through General Meetings and an Annual General Meeting, where reports are received, directors elected and major decisions approved.
• Company income and assets must be used only to further its aims, though members may be paid for goods or services provided to the organisation.
• Members’ financial liability is limited to £1 if the company is wound up, and if the company closes any remaining assets must go to organisations with similar objectives or charitable purposes, not to members.