Leeds Creative Timebank is a working alternative to a failing currency-based economy and value system. It aims to build the new within the shell of the old.

This Timebank is a formalised system for its members to exchange their skills, knowledge and experience with each other, valued in units of one hour of time.

It is for the Leeds-based creative community and has ethics associated with the arts - including flexibility, transparency, free sharing of information, self-reflection, critique and the production of alternatives.

Leeds Creative Timebank upholds a non-hierarchical, de-centralised and contingent ethos that allows for, and expects, the maximum participation of those who join.

This Time Bank is both the critique of, and creation of an alternative to, a system we believe is unsustainable. It should as such not to be seen as stopgap measure during the recession but instead as an ambitious project to be appreciated as a thing-in itself, not a means-to-an-end.