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: 196
Latest Activity: Feb 9

Discussion Forum

Professional Body as a CIC 4 Replies

Dear all, I am a director of a Professional Body for Private Tutors and we are considering converting our company limited by guarantee into a CIC. We are seeking funding so that we can expand our…Continue

Started by Ariane Mercurius-Taylor. Last reply by Ariane Mercurius-Taylor Feb 9.

Can I sponsor (LTD) my CIC? 2 Replies

Hi,First of all, I would like to thank for taking the time to help me out with my questions.I would like to set up a CIC with my wife (two directors), for activities we have been doing for the last 6…Continue

Started by Emil Glownia. Last reply by Emil Glownia Jan 20.

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 Jan 15.

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 Jan 15.

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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!
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)

 

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