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: 193
Latest Activity: on Monday

Discussion Forum

Re: Sue Westwood 3 Replies

In reply to your question on the comment wall:Subscribers are your initial members. Directors and the company secretary can be (but do not have to be) members. Employees are a different category, so…Continue

Started by James Macfarlane. Last reply by Sue Westwood on Monday.

Related Directors (family connection) Is this a big issue? 2 Replies

Hi, My daughter and I are the main founders of our, to be CIC, we will be providing, initially, the services to start with. I see on a post further down that unrelated Directors was mentioned in…Continue

Started by Sue Westwood. Last reply by Sue Westwood on Monday.

Suitability of Articles of Association for particular needs? 5 Replies

Dear friends, Would anybody have a view on whether any particular changes require to be made to the model  articles of association as supplied,  for an art, transmedia Festival CIC? My question…Continue

Started by Gavin Gowans. Last reply by Ariane Mercurius-Taylor Dec 28, 2017.

1 Director for a CIC - Help needed with Articles of Association 33 Replies

HiI was wondering if anybody would be able to give me some advice please.  I am currently in the process of compiling the paper work needed to register as a CIC.  At present I was hoping to register…Continue

Started by Angie Beal. Last reply by John Mulkerrin Dec 21, 2017.

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Comment by John Mulkerrin on April 3, 2017 at 15:10

Yep, mostly we find it's the 1N01 that is the issue.

Comment by caroline wheeler-evans on April 3, 2017 at 14:57

thanks I will pick the form apart and get back to you I think it is mainly terminology 

Comment by John Mulkerrin on April 3, 2017 at 14:55

What dont you get Caroline? If you let me know the particulars I can try and help

John

Comment by caroline wheeler-evans on April 3, 2017 at 14:53

Hi John your helpful would be brilliant ! I am in the process of setting up a company and I am sure it comes under the umbrella of a CIC. However I have plenty of experience in the content of the company but none of filling out the forms. I have an understanding of what a CIC is and how it works but the forms are giving me nightmares ? I have looked at the Guidance but am still not really getting it ?? Thanks

Comment by John Mulkerrin on April 3, 2017 at 14:36

Hi Caroline

What's the problem? Happy to help if I can

John

Comment by caroline wheeler-evans on April 3, 2017 at 13:44

Hi I am struggling to understand all the jargon on the CIC form and am having problems finding anyone to help me I have read the paper work stuff and still have v limited understanding is there anyone who could give me a hand I would be really grateful. thanks. 

Comment by Nick Lee on March 30, 2017 at 15:44

Sky, also to add, I asked the Office of the Regulator for a bit of guidance on whether certain activities would be considered to be of benefit to the community, and they emailed me back today with comment on my particular case.

If you email them for guidance, I think it would be really useful to explain to them in general lay terms of how you think your activities will be of benefit to the community.

Comment by Nick Lee on March 30, 2017 at 15:33

Hi Sky, I'm not an expert at all but have been looking into this today. I found the CIC Regulator's current guidance less useful than their guidance I found written in 2010 and since replaced, now available here, see pages 9-13: http://www.artscouncil-ni.org/images/uploads/business-support-docum...

This sets out that to determine if something is of community benefit, look at the 'underlying purpose' towards which an organisation's activities are ultimately directed'. So, as a whole, what community benefit does your organisation produce? This could either be the work of the CIC directly benefits the community, or it could raise funds which are then given to another organisation and which are used to the benefit of the community.

Comments from others on this welcome, I'm thinking through myself.

Comment by Donald (Sky) McCain on March 30, 2017 at 11:31

As I remember, one cannot check the Office of the Regulator in advance to ascertain whether their objects are “In the interest of the Community.”  Thus, I am hoping someone can advise me whether they think a senior co-housing community that cooperatively owns the land and leases from the CIC to build their own dwelling would be acceptable to the regulator.  Our articles would give us total control over who can be a member, who can be a director, who can lease, and all aspects of governance.

Thanks in advance,

Sky McCain

Comment by Samina Noor Deen on March 24, 2017 at 15:03
Hi,

Are there any CIC's running in Nottingham that would be willing to share their expertise with a newbie? Thank you!
 

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