CIC Association

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Setting up a CIC

Guidance on how to set up a CIC especially where communities need to work together before they actually create the CIC e.g. collect funds commission work from advisors ahead of formation as some market testing or preparatory work

Members: 162
Latest Activity: Nov 30

Discussion Forum

How long the Regulator takes new 3 Replies

Hi allDoes any know how long the regulator takes to review the application before issuing the certificate of incorporation?I posted our application more than a week ago but heard nothing from the…Continue

Started by Tariq Malik. Last reply by Tariq Malik Nov 30.

Choosing an asset lock CIC for Articles of Association 9 Replies

HiI am in the process of establishing a new CIC. We are a theatre company in North Wales. I would like to know what criteria we should look at for choosing a CIC to nominate in the asset lock section…Continue

Started by David Alexander. Last reply by Tariq Malik Nov 18.

Professional membership body as a CIC 3 Replies

Hallo I am in the process of setting up a CIC which will provide support, training etc to professionals in my industry.We would seek membership fees from them and there would be an application…Continue

Started by Paula McGeown. Last reply by Paula McGeown Nov 2.

CIC 36 6 Replies

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…Continue

Started by Sophia Loi Shaw. Last reply by Sophia Loi Shaw Oct 13.

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Comment by Mottie Omideyi-Akapo on October 6, 2016 at 20:51

ok. Sorry about that.

Comment by James Macfarlane on October 6, 2016 at 18:34

Mottie Omideyi-Akapo, can you ask your question in a "new discussion"? I'm happy to answer, but it's easier to keep answers and follow up questions together this way. This link should work...

http://cicassoc.ning.com/group/settingupacic/forum/topic/new?target...

Comment by Mottie Omideyi-Akapo on October 6, 2016 at 17:56

Hi everyone, I'm new to this group, so apologies if my question has already been answered somewhere along the line.  Does anyone know if having a family member on the board of a CIC is frowned upon?  I cannot find any document which states this should not be done, however I was recently informed that this was the case.

I appreciate your comments. Thank you.

Mottie

Comment by Lee Robinson on December 11, 2015 at 14:21

hello Everyone

i have an director who is whiting to do a apprenticeship and i am just trying to find out if i need to take her of the bored or not  

Comment by Rachel Gardiner-Hill on June 2, 2015 at 19:35

Thanks John that is helpful.

Comment by John Mulkerrin on June 2, 2015 at 18:35

Hi Rachel

It is normally only the Directors that are required to disclose as per most Articles of Association, your own document should confirm this if you have a look (just after conflicts of interest)

There is nothing to stop you extending it to volunteers etc, and it may be you have a reason that would make if best practice. If for eg you are a large membership CIC you could have members that are not Directors that may have a vested interest in the decisions you make, and that disclosure could make the world of difference.

You can make it a best practice principle even if it isnt a statutory requirement. But do you really need to?

Comment by Rachel Gardiner-Hill on June 2, 2015 at 17:48

We are actually already set up but I have a question about the Register of Interests, so far the Directors and our one(!) employee have completed this but does this Register need to extend to the subscribers/members of the CIC who are volunteers?

Comment by Iain Drew-Taylor on June 26, 2014 at 21:00

Goef Cox you are a genius:) I had gotten snowblind looking at other stuff and didn't spot the PLC thing. All sorted now, many thanks.

Comment by Geof Cox on June 22, 2014 at 21:53

Iain - do you really need to submit this form? - it's for public companies only (plcs or plcics)

Comment by Iain Drew-Taylor on June 22, 2014 at 18:00

Can anyone provide some guidance on what to put on an SH50 trading certificate application....cant find anything on companies house that make sense....Can't understand why either, as I am a civil servant that read this sort of tripe daily!

Regards,

Iain Drew-Taylor

Cheshire Streetwise.

 

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