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Chapter 43 · Plotting

Take a field for the season.

A fixed price, paid once, and what grows on that ground comes to you in kind. Not an investment, not a profit share, and emphatically not a security — a forward purchase of produce, which is a completely different thing and the only version of this that is legal.

£90 the cheapest patch
28 patches on the grid
In kind how you are paid
£0 cash return, ever

Read this before anything else

Plotting is a fixed-price forward purchase of produce, delivered in kind. It is not an investment, there is no cash return, no profit share, and no secondary market. We are emphatic about this because the alternative — paying people a cash share of a harvest they had no hand in managing — is an unauthorised collective investment scheme under section 235 of the Financial Services and Markets Act 2000, and a criminal offence.

Why it is structured this way

Six steps

How plotting actually works.

Choose a patch and a crop

From what this ground can realistically grow. Barley, wheat, durum, oats, potatoes, oilseed rape, echium, hedgerow or wildflower.

Pay a fixed price, once

Set at the point of purchase and never varied afterwards. Your money is ring-fenced until the crop is delivered.

We plant it

Kaleb’s team drills it with everything else, because a quarter acre farmed separately would be farmed badly.

You watch it grow

Photographs, a geotag, growth-stage updates and the field cameras. This is the part people actually come back for.

You get the produce

Delivered in kind — beer, flour, pasta, oats, potatoes, oil or jam depending on what you chose.

If it fails, the shared-risk policy triggers

Substitute produce from the wider farm, or a partial refund, exactly as agreed before you paid. Not a surprise, and not buried.

Why the structure matters more than the product.
The legal architecture

Why the structure matters more than the product.

The obvious version of this — rent a plot, we sell the crop, you get a share of the cash — is an unauthorised collective investment scheme under section 235 of the Financial Services and Markets Act 2000. Operating or promoting one is a criminal offence.

That is not a theoretical risk. In FCA v Capital Alternatives, investors bought sub-leases of rice-farm plots in Sierra Leone and received the profit from the sale of the rice grown on their own plot. Returns were plot-specific, with no pooling. The court found it was a scheme anyway, because the plots were "managed as a whole". Around £16.9 million was raised from 2,021 investors. All of them lost it.

So this is built the other way round. You buy goods, at a fixed price, delivered in kind. There is no cash return, no profit share, no pooling, no secondary market and no conversion into one. It is a forward sale, and a forward sale of goods is not a security no matter how it is marketed.

s.235
FSMA 2000
£16.9m
lost in Capital Alternatives
In kind
how you are paid
The estate list

Patches for the coming season.

There are only so many quarter-acres, and they are allocated in the order people take them. One email when the next season opens.

  • One email when the season opens
  • Nothing in between
  • And the honest yield numbers afterwards, good or bad

Next along the route

Rent a patch

Carry on
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