CIC Association

Serving Community Enterprise

All Blog Posts (224)

More help and awareness needed

More help for CIC's.

1  HSBC refuse to give us a business credit card because they insist we are a not-for-profit and MUST have a constitution whereas we are a CIC limited by guarantee with Articles of Association.

2 HMRC state CIC's show profits and must pay Corporation Tax but as a CIC has a "surplus" that is ploughed back into our business not a "profit" for directors.

3 99% of grant making trusts do not recognise CIC as having "charitable" objects whereas the Nat…

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Added by Geoff Holt on May 12, 2016 at 14:51 — 7 Comments

BENEFIT FROM YOUR EMPTY SPACES

Guerilla Galleries is a social enterprise with art at its heart. It takes…

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Added by Anthony Andre on March 30, 2016 at 12:30 — No Comments

Corpration Ta and CIC

I have  come across two instances when HMRC have accepted that the CIC is not trading for tax purposes. It issometimes a bit difficult to  contact with HMRC but if you are a not for profit CIC it may be worth the effort

Added by Dick Maule FCA on March 22, 2016 at 10:25 — No Comments

Can a CIC have subsidary

We are looking to register a CIC to offer sport in  the community, and have a youth football club(N/P) that would like to be with us and for our directors to manage the club, however the  club wants to retain its name is this possible I assume would be a subsidiary of our CIC.
Any views comments please

Added by Martin Beckingham on March 10, 2016 at 11:29 — 1 Comment

CIC & Asset Lock

Hi - We have been incorporated as a CIC since 2012. Recently we were asked whether we has an asset lock in place. I had assumed this was just an integral part of our governance. However I now feel we should perhaps have a specific entry in our constitution. It is actually quite a useful question at this time as we are hoping to get a new van & upgrade our IT and so forth. How have other CICs handled this issue?

Added by Pete Scott on March 8, 2016 at 18:27 — 2 Comments

Alert! Company law changes - are you ready for 6 April?

CICs are subject to the important company law changes coming soon. One of the most important (and the most difficult to deal with) is the obligation to find out 'persons with significant control' and report their details to Companies House.

From 6 April a CIC has a legal obligation to find out who its PSC are and to make a Register of PSCs.

The scope of these new rules is wide and they are very complex (the draft non-statutory guidance runs to 86 pages!).

 From 30 June…

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Added by Cecile Gillard on March 7, 2016 at 15:09 — 4 Comments

Pollinator Improvement Programs (PiPs)

It is well documented that the populations of the UK Bumble and Honeybee colonies are already in decline, we believe that unprecedented local flooding events in December 2015 has added to this problem with a potentially devastating impact on pollinators and the wider farming community and wildlife…

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Added by Tree Bee on January 29, 2016 at 19:16 — No Comments

CIC Association and my Groups

I am proud to be part of the CIC Association since 2011 and its groups. I would like to take the opportunity thanking you, in particular, those of you time to time offer us generous help through up and down as our CIC venture has been progressing. I am so grateful to have had this opportunity and would like to send my deepest gratitude to John Mulkerrin, Heidi Fisher, Phillip Howrrell, Geof Cox, Robert Ashton. Wishing you all a very happy and prosperous new year 2016. yours Subrata, Women's…

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Added by Subrata Saha on December 28, 2015 at 21:55 — 1 Comment

Merry Christmas and 10th anniversary reflections

Merry Christmas to all friends and supporters of CICs and community enterprise.

Proud to have been part of the CIC 10th Anniversary celebrations this year (some reflections follow below) and looking forward to the next decade!

Issues and challenges for CICs in accounting for social impact

Figures never tell the whole story – numbers by themselves are never enough. Telling the people stories well really makes a…

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Added by Cecile Gillard on December 23, 2015 at 11:12 — No Comments

About Us

Ash Hill Nature Conservation is a social enterprise based in Leeds that combines educating people about nature and the outdoors with practical environmental conservation work. We operate workshops including Forest Schools from our private woodland or customer premises, and provide countryside management and wildlife gardening services to clients around West Yorkshire. The combination of services we offer, our ecological & ethical approach and our emphasis on community awareness and… Continue

Added by Michael Bird on December 10, 2015 at 11:05 — No Comments

Insurance for CICs

Hi

Is it absolutely necessary for a CIC that puts on outdoor events and employs people on freelance contracts to have insurance for the company?

Added by linda mckechnie on November 16, 2015 at 11:27 — 1 Comment

CIC change of aims/objectives

Myself and two other directors have a CIC and wish to slightly changes its aims to allow us to carry out additional but very similar activities for the community.  Do we need to notify the regulators office to be able to make changes?  I can't get a reply or a call back from them when I try. Thanks.

Added by linda mckechnie on October 23, 2015 at 12:17 — No Comments

Falkirk Family Support Community Interest Company's Mission

Falkirk Family Support Community Interest Company’s mission is to offer free independent advice, guidance and support to Falkirk District’s most vulnerable bairns, young people and families including those supporting older relatives at the time when they identify support is needed.  Falkirk Family Support has a mixture of volunteer and family support workers offering assistance depending on circumstances and needs.

 

Falkirk Family Support strongly believes in equality,…

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Added by FALKIRK FAMILY SUPPORT CIC on October 16, 2015 at 13:37 — No Comments

Fancy doing a deal??

Hi

I write wearing  two hats!

I run two distinct member networks.... 1. is First Tuesday in Nottingham and First Thursday in London. These meet monthly and have a mailing list of over 1000 organisations.  

2. (my day job) is OurCamden. This is a member (CIC) organisation that seeks to reduce social isolation and loneliness (www.ourcamden.org

I am looking for deals for members of both…

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Added by Graham Gardiner on September 3, 2015 at 14:06 — No Comments

Employee Members Rights To Manage

Hi

Im new to this site I was wondering if anyone knows what the rights are of employee members are I cant seem to find any information anywhere

Paul

Added by Paul Cresswell on August 20, 2015 at 14:37 — 4 Comments

Funding for a CIC

Hi we are launching a CIC in Bassetlaw, North Nottinghamshire soon but are struggling to find suitable sub contractors or funders over £10k. Can anyone help or advise us? We are a community training organisation that offers training in all aspects and most known industries and whose outcoms are based on voluntary work, further learning or employment. For more info please refer to our Facebook page by typing in Lasting Differences CIC. Alternatively please email us at… Continue

Added by Lasting Differences on August 18, 2015 at 21:49 — 2 Comments

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…

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Added by Nick Comley on August 11, 2015 at 16:07 — No Comments

FREE advertising for all CICs

Preloved.co.uk are offering free 'Business' membership to all registered CICs.

http://www.preloved.co.uk/

Simply create a FREE member profile, contact the fabulous Customer Care team, give them the email address you registered with, they'll verify CIC status, and then they'll manually upgrade you. Free of charge.

Whilst registered charities have always been eligible for free advertising on Preloved.co.uk,…

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Added by Tina Hidderley on August 11, 2015 at 15:00 — No Comments

Professional adviser sought, Sussex

Can anyone recommend a solicitor or accountant (near Lewes, East Sussex, for preference) well versed in Community Interest Companies and the like to guide us  as we set up a small district scheme as a CIC, please?

Added by Nick Lear on May 21, 2015 at 15:30 — No Comments

Transferring a Charity to a CIC

Hi everyone

Very new to this.  I am looking at converting a Charity to a CIC.  Does anyone have experience of this please.

Beast Wishes

Aly Dickinson

Added by Aly Dickinson on May 14, 2015 at 13:30 — 3 Comments

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