CIC Association

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Gareth Hart
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  • Plymouth
  • United Kingdom
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CICs as 'family businesses'

Do you consider your CIC to be a 'family business'?We've defined a family business as "A business organization in which decision-making is influenced by a family—related by blood or marriage—who are…Continue

Started Oct 28, 2014

CIC PLC
1 Reply

Does anyone have any experience of registering and setting up a CIC as a public limited company (PLC)? How many are there in existence? What are the issues to be aware of (particularly legal,…Continue

Tags: finance, legal, registration, plc

Started this discussion. Last reply by Sara Burgess Apr 28, 2011.

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Latest Activity

Gareth Hart replied to John Mulkerrin's discussion CICs by Constituency - 2016 in the group CIC Academic
"Is this data available in an Excel spreadsheet?"
Jul 20, 2016
Gareth Hart joined John Mulkerrin's group
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CIC Academic

We'll use this group to develop, collate and signpost to data/useful research on CICs and related issues
Jul 20, 2016
Gareth Hart posted a discussion

CICs as 'family businesses'

Do you consider your CIC to be a 'family business'?We've defined a family business as "A business organization in which decision-making is influenced by a family—related by blood or marriage—who are closely identified with the firm through leadership or ownership.”If so - please could you complete this short survey for us: https://www.surveymonkey.com/s/cicfamilybiz as we are trying to collect some information for a research article.If…See More
Oct 28, 2014
Gareth Hart replied to John Mulkerrin's discussion Governance Framework for CICs
"Interesting thoughts - most of what was in our paper was either a) core company/directors duties and b) stuff you have to report to the regulator on CIC34. So other than thinking about the Nolan type principles, nothing is extra…"
Sep 22, 2014
Gareth Hart replied to John Mulkerrin's discussion Governance Framework for CICs
"Hi All I'll read the attachment and send some thoughts. In the meantime, here is a white paper we wrote on CIC governance that aimed to cover some of the basics. It is broad brush and doesn't go into the detail. Attached and link…"
Sep 22, 2014
Gareth Hart posted a blog post

Iridescent Ideas CIC needs your vote!

Iridescent Ideas CIC has been shortlisted by RBS Inspiring Women to support women thinking of setting up social enterprises in Devon and Cornwall (the project is called ‘Unicorns’ Glade’). We want to celebrate female social entrepreneurship and provide inspiring advice in community settings to try to find women with great ideas…See More
Nov 10, 2013
Gareth Hart posted a status
"Iridescent Ideas CIC is up for an RBS Inspiring Women award to support women social entrepreneurs. Please vote: http://ow.ly/quXtH"
Nov 8, 2013
Gareth Hart replied to John Mulkerrin's discussion Regulators review of Dividend caps 2012 in the group CIC Share Issues
"Thanks John. That does make sense and is pretty obvious when you think about it! The shares are the shareholders asset not the CIC's. Interesting that it doesn't seem to be talked about much."
Aug 23, 2012
Gareth Hart posted a group
Aug 22, 2012
Steve Carney replied to Gareth Hart's discussion Quasi Equity/Performance Loan/Revenue Participation in the group CICs seeking investment
"Hi Gareth, I've no answers to your question but would also be interested in seeing how this works. I don't fully understand the rules set out in paragraph 6.4 of Chapter 6 in the regulation guidelines. We would like to do issue equity…"
Aug 22, 2012
Gareth Hart added a discussion to the group CICs seeking investment
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Quasi Equity/Performance Loan/Revenue Participation

HiI would like to hear from anyone who has experience of seeking, gaining or being rejected for any kind of performance related loan (i.e. where an investor takes a slice of future income rather than a straight interest based repayment).What have been your experiences good or bad?What levels of investment have you received? On what replayment terms?Have any risk averse directors been swayed by the option and had their fears allayed or proved?What are the due diligence requirements?Interested…See More
Aug 21, 2012
Gareth Hart joined John Mulkerrin's group
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CICs seeking investment

If you would like the Association to get involved with helping you raise funds, please register your interest here and we will contact you to discuss your individual requirements. CIC Association recommends for start ups/small projects :Awards for All(Not for profit-3 Directors required, up to £10k) Unltd (For funding…See More
Aug 21, 2012
Gareth Hart replied to John Mulkerrin's discussion Regulators review of Dividend caps 2012 in the group CIC Share Issues
"I think Richard, in the latest post, has described something very important about the lack of exit route for investors. In my discussions with CICs this is a difficult area as any investor needs to understand the asset lock and that an investment…"
Aug 21, 2012
Gareth Hart replied to John Mulkerrin's discussion Regulators review of Dividend caps 2012 in the group CIC Share Issues
"Hi John   Thanks for this. Hmmm - interesting point re: utilities type companies. If private companies aren't putting 30% of profit toward dividends I can see how this is an issue for CICs as we need to carve clear water. However, there is…"
Nov 21, 2011
Gareth Hart replied to John Mulkerrin's discussion Regulators review of Dividend caps 2012 in the group CIC Share Issues
"Hi We prefer option 2 of these. We think there is a case for option 3 in the event that option 2 proves unpopular. We think the current double cap is unnecessarily complex and hard to explain. We think it discourages investment into CICs. We…"
Nov 14, 2011
Gareth Hart joined John Mulkerrin's group
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CIC Share Issues

To discuss everything Share related
Nov 14, 2011

Profile Information

What is your postcode?
PL2 1EE
Name of organisation (if any) you are associated with?
Iridescent Ideas CIC
Is that organisation a CIC?
Yes
If you have a website, what is your web address?
http://www.iridescentideas.com
Are you interested in representing a CIC at the CIC Association AGM?
Yes
Are you interested in working in partnership with the CIC Association?
Yes

Gareth Hart's Blog

Iridescent Ideas CIC needs your vote!

Iridescent Ideas CIC has been shortlisted by RBS Inspiring Women to support women thinking of setting up social enterprises in Devon and Cornwall (the project is called ‘Unicorns’ Glade’). We want to celebrate female social entrepreneurship and provide inspiring advice in community settings to try to find women with great…

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Posted on November 10, 2013 at 22:41

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At 13:06 on April 7, 2011, John Mulkerrin said…

Hi Gareth

Good to have you on board. Feel free to blog opinions or asks questions in the Forums, hope we're of value and look forward to your contribution. Hows the incorporation going?

Best regards

John

 
 
 

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