"Re your message:
"Hey guys...we posted off our forms just over a week agao...does anyone know how long we should expect to wait before we hear anything back from Companies House? Bit impatient but i realise there will be a wait"
It can be…"
"I agree with John. If you want to allow your CIC to diversity into other areas keep it as "The objects of the Company are to carry on activities which benefit the community", but if you want to restrict what the CIC does to your original…"
Section 5.5 below gives you the formal guidance, but could simply be 'To use theatre/art to support children'. Your CIC statement should obviously give a little more detail to help the Regulator understand what you…"
"thanks James...could i just ask about one more point where i am unsure and cant seem to find what to put...it is the same form...section below
OBJECTS, POWERS AND LIMITATION OF LIABILITY
The objects of the Company are to carry on…"
"Hi James...yes have and am re-reading...Im only stuck now on the Articles of Association form where it asks if the company is disolved this section - It does say if we do not choose the regulator will choose so can we just leave it…"
Hey guys Im new on here and are currently turning my sole trader idea of a Children's theatre company to a CIC limited by Guarentee with the intention of supporting children interested in performing Arts with the profit made :)It's a very excited time but all this paperwork is intense... I think i have found all the paperwork required but still feel a little lost so any guidence would be greatly appreciatedthanks for readingSamSee 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