Hi! I am new to this group and am just completing my CIC36. I'm not quite sure what to write when it asks
"If the company makes any surplus it will be used for…" Can anyone help? What are the options? "It will be used for ploughing back into the CIC"??!
Just put something like "If the company makes any surplus it will be reinvested to futher our activities" if this is what you are going to be doing with profits.
Thanks James. I thought I would writ something like that but wasn't sure what the options were...
Hey Jemma, I would LOVE to take a look at your form if you wouldn't mind? That would be SUCH a help!
Sophia, if you go to https://beta.companieshouse.gov.uk/ and type in the name of any CIC, you can view their incorporation papers, including the CIC36.
Oooh! Now that IS useful to know! Thanks James.