Humaround - that's exactly what I was thinking, seems the only logical way of doing it.
UV - I chose £5 because I didn't want to add too much ontop of the fuel costs, and a portion of the saved funds can be used to make up the difference. Like I said, it's only an idea at the moment so i'm open to changes.
EGCC - your groups are based up North, correct? I would be looking to do this down South in the Oxfordshire (or surrounding counties) area, and I believe that there is no similar venture operating in this area.
cjboy - why is that so?
IO540 - I have sent an e-mail.
What about a minimal equity group (£1,000?)