Yes file an AP01 online through to CH exactly the same as for an ordinary director. This would satisfy the funders because they are directors subject to company law, albeit with reduced authority.
As a footnote, ensure your…"
"Thank you for your guidance, not only very useful but really appreciated.
I would prefer to appoint them as NEDs, as long as this satisfies the funders. Can you please confirm that an NED is appointed by way of an AP01 online?
Some great questions here on growth, funding, governance and control. The circumstances that you are facing have certainly been met by other CICs and I will do my best to advise on what I view as the best way forward.
Hello,I would very much appreciate feedback and guidance in relation to these no doubt seemingly simple queries that are cause for current concern. I set up a CIC limited by guarantee last December as sole director. Due to how the company has developed, there is now need to apply for larger pots of funding. The challenge which now presents itself is that awarding bodies such as "Awards for all" require at least 2 or 3 unrelated directors and signatories. I have read numerous previous comments…See More