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Sharon Needham
  • Female
  • Sutton Coldfield
  • United Kingdom
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CIC adding charity - trauma!

Hi, it has been a while since I have posted and things have moved on hugely in our organisation. We are now adding a charity to run alongside the CIC and the profits from the CIC will be donated to…Continue

Started Jan 10

CIC adding charity trauma!
7 Replies

Hi, it has been a while since I have posted and things have moved on hugely in our organisation. We are now adding a charity to run alongside the CIC and the profits from the CIC will be donated to…Continue

Started this discussion. Last reply by John Mulkerrin on Thursday.

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Welcome, Square Peg Clothing

Latest Activity

John Mulkerrin replied to Sharon Needham's discussion CIC adding charity trauma!
"On this thread would be best. A general point to note when discussing with legal advisers is that the CIC status doesnt make any difference (in the vast majority of instances anyway) whatsoever. The advice should be the same as for normal Ltd…"
Thursday
Sharon Needham replied to Sharon Needham's discussion CIC adding charity trauma!
"We run several services for children with additional needs and their siblings and whole family (the and siblings and whole family is the pertinent part) such as Lego Club, Sensory Stay and Play and the UKs only therapeutic mobile sensory room. …"
Thursday
Sharon Needham replied to Sharon Needham's discussion CIC adding charity trauma!
"there are 4 Directors of the CIC and 5 Trustees of the charity, 3 are independent and 2 are also Directors of the CIC. Some of the services that the CIC provide are unique and can not be found elsewhere in the UK so apart from being the only…"
Wednesday
John Mulkerrin replied to Sharon Needham's discussion CIC adding charity trauma!
"Can you explain how many other trustees there are? And why it is in the interests of the Charity to buy services from the CIC? When you say it makes sense for the Charity to buy services from the CIC it will no doubt raise concerns, as the trustees…"
Wednesday
Sharon Needham replied to Sharon Needham's discussion CIC adding charity trauma!
"It is because 2 of the Directors will also be Trustees and to avoid there being a conflict of interest. However, this is really pointless as the CIC will give the profits to the charity anyway so it is in the charity;'s best interest to buy…"
Tuesday
John Mulkerrin replied to Sharon Needham's discussion CIC adding charity trauma!
"Hmm, im not sure why the Charity has to be the only member, do you know why Charity Commission are asking for this?"
Tuesday
Sharon Needham posted discussions
Jan 10
Sharon Needham updated their profile
Jan 9

Profile Information

What is your postcode?
B72 1TJ
Name of organisation (if any) you are associated with?
Square Peg Clothing
Is that organisation a CIC?
Yes
If you have a website, what is your web address?
http://Www.squarepegclothing.com
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

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