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Social Investment Tax Relief CIC Private Share Offer
4 Replies

Beacon4Life CIC is limited by shares, we have two classes of shares, Class A Ordinary with voting and dividend rights and Class B Preference with dividend only rights. We are launching a private…Continue

Started this discussion. Last reply by John Mulkerrin Jul 9, 2015.

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Nick Comley replied to Tanya Dennis's discussion Possible funding available to CIC's in 2017 in the group CICs seeking investment
"Hi Tanya, If you have used the model governing documents for a CIC limited by Guarantee you ought to be able to ask for and receive donations. Lots of charities use donation fundraising to fund services that cannot be self-sustainable, they have the…"
Aug 8
Nick Comley posted a status
"What are you up to?"
Aug 11, 2015
Nick Comley posted a blog post

Beacon Centre, a social impact investor

In my role at Beacon Centre for the Blind I am often looking for suitable social impact investments that primarily benefit people with visual impairment, sight loss or multi-sensory disabilities.If you are a CIC looking for investment in products or services that will make a real difference to the lives of people we aim…See More
Aug 11, 2015
John Mulkerrin replied to Nick Comley's discussion Social Investment Tax Relief CIC Private Share Offer
"Correct, basically any buy back agreement (formal or non formal) negates relief.  A few banana skins to avoid but all very doable my old friend.  Good google research recommendation for wider readers, particularly types of investor…"
Jul 9, 2015
Nick Comley replied to Nick Comley's discussion Social Investment Tax Relief CIC Private Share Offer
"Hi John, Thanks for this, really helpful, will give you a call. We are hopefully going to be one of BSC's First to 30 programme for SITR which will bring some specialist tax advice too. Our class B Preference shares are redeemable as we…"
Jul 9, 2015
John Mulkerrin replied to Nick Comley's discussion Social Investment Tax Relief CIC Private Share Offer
Jul 6, 2015
John Mulkerrin replied to Nick Comley's discussion Social Investment Tax Relief CIC Private Share Offer
"Hi Nick Feel free to give me a call, ive gone through a few now and as you know im keen to help CICs succeed in raising shares so happy to discuss. There are no bogey men in there is the simple thing to say, it is exactly as for the process of…"
Jul 6, 2015
Nick Comley posted a discussion

Social Investment Tax Relief CIC Private Share Offer

Beacon4Life CIC is limited by shares, we have two classes of shares, Class A Ordinary with voting and dividend rights and Class B Preference with dividend only rights. We are launching a private share offer to our supporters and are looking to raise circa £80,000, depending on the value of the Euro! We need 62 investors to buy 1275 £1 shares each to reach our goal. Does anyone have any recent experience of submitting a private share offer document and business plan to HMRC for pre-approval on…See More
Jul 2, 2015
Nick Comley updated their profile
Jul 2, 2015

Profile Information

What is your postcode?
WV4 6AZ
Name of organisation (if any) you are associated with?
Beacon4Life CIC
Is that organisation a CIC?
Yes
If you have a website, what is your web address?
http://www.beaconvision.org
Are you interested in representing a CIC at the CIC Association AGM?
No
Are you interested in working in partnership with the CIC Association?
Yes

Nick Comley's Blog

Beacon Centre, a social impact investor

In my role at Beacon Centre for the Blind I am often looking for suitable social impact investments that primarily benefit people with visual impairment, sight loss or multi-sensory disabilities.

If you are a CIC looking for investment in products or services that will make a real difference to the…

Continue

Posted on August 11, 2015 at 16:07

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