"You can control/restrict members rights as you want, for example you can have one class of members who vote and one who doesnt. This should mean you can organise control to suit you specifically, from 1 person in charge right through to a…"
"We have been running as a non-profit organisation for over 25 years. We have always been managed through a Committee. We changed to a CIC set-up to protect the management team and limit liabilities. The chair person (with school governor experience)…"
"Thank you John. Should our management committee personnel become members? Who should make decisions like staff or directors' wages? Recruiting new staff? Recruiting directors? Does the management committee…"
"In very simple terms
In a 'small membership' CIC - members are usually the first subscribers- which in simple terms means the first Directors. In your case director/member are the same thing
In a large membership CIC- members are a wider…"
I have done a lot of reading, but can't find clear answers..can anyone help?What is the role of members of a CIC? What is their power & responsibilities compared to directors?I believe new members need to be accepted by directors, but how do they apply (nothing is specified in Art. of Assos?)I also believe that we need to keep a register of members, but do not need to publish the list at companies house...is that correct?We are currently 2 directors, subscribers and members. One director is…See More
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 workSee More