CIC Association

Serving Community Enterprise

All Blog Posts (202)

Adding a charity to help support a CIC?

Hi 

We have a CIC which works with children and young people with emotional wellbeing/mental health issues.  I set up a CIC initially rather than a charity as wasn't able to work into it if it was a charity and I needed to at that time to develop it.  The difficulty we have is that we would like to do some fund raising to be able to offer the children that 'bit extra' which we are not able to use our current funding for - e.g. Christmas party, refreshments, days out/travel…

Continue

Added by Christine Blinkhorn on August 15, 2013 at 8:23 — 2 Comments

Becoming Tender Ready

For most companies becoming tender ready is a challenge but for CIC's it is an extension of existing practices.

 

Here's a quick list of things to gather together:

 

  1. Financial Information - be ready with previous years accounts, company structure and financial controls. This includes past accounts, cashflow forecasts, profit and loss reconciled to a monthly management statement.
  2. Corporate Governance information - structure, compliance and…
Continue

Added by Mark Trotter on August 14, 2013 at 15:10 — No Comments

A Service Code for CICs?

I'm working on an form of the Public Service Code, adapting it for my CIC.  Does anyone have any comments?:  



This CIC subscribes to a form of the Public Service Code adapted for a CIC.  Its Directors and Officers will:



    Observe at all times the ethical standards expected of public servants, having regard to the Seven Principles of Public Life



    Make themselves accountable to the CIC Regulator and through other means for their policies and performance, with…

Continue

Added by Simon Odell on July 25, 2013 at 11:30 — No Comments

CIC's are winning Public Sector Contracts

Over the last few months I have worked with a couple of CIC's who are now either safely competing on frameworks with local councils or receiving requests for quotes linked to local public sector services.

 

We have been able to use three key features of legislation to best advantage:

1.  Localism Act - a great tool for specifying benefit to the economy and the supplychain.

2.  Public Services 2012 - this has been an excellent mechanism for preventing LA's from…

Continue

Added by Mark Trotter on July 8, 2013 at 18:33 — 3 Comments

Nottingham News Centre

Nottingham News Centre CIC collates and communicates community news and information.

Added by Nottingham News Centre on June 26, 2013 at 10:41 — No Comments

Nottingham News Centre

We source and produce news for Mojatu Magazine; offer Journalism training; a community E-publication service and collate and catalogue research about the BME community in Nottingham.

Collate | Inform | Grow

Added by Nottingham News Centre on June 26, 2013 at 10:40 — No Comments

IS IT WISE FOR A CIC TO START WITH A LOAN?

The current funding climate is precarious even for the most innovative ideas and projects, so I ask is it always advisable as  CIC to start with a loan when starting out in business? are there investors who supports Black Ethnic Minority in Business?? which are the best loan funders? are there really government funding?

Added by JEWINC CIC .ORG .UK on June 4, 2013 at 13:41 — No Comments

Cost of legal advice

I am part of a small group starting on the process of becoming a CIC.  There seems to be a lot of helpful advice from the CIC regulator as well as forms to download and complete.  We are satisfied that setting up a CIC limited by guarantee is the route to go down, however, at what stage have others involved legal advice and how much can one expect to pay? 

Added by Madeleine Legg on April 10, 2013 at 13:59 — No Comments

Market Share for Social Enterprises in Public Sector contracts set to grow

Isn't legislation wonderful if you can work out how to use it to your advantage!

Changes to specific regulations and new acts of Parliament have made the social benefit and local proximity of a service provider easier to work with.

The expected impact of this for procurement is that local traders will be able to secure more medium value contracts and well structured, test consortia will be able to bid for higher value.

--

There is a major concern with the buyers -…

Continue

Added by Mark Trotter on February 27, 2013 at 13:47 — 1 Comment

Grant funding agencies and trusts view of CICs

Dear all, I would be interested in hearing your experiences when approaching trust for support and funding. We had recently spoken to a representative from the Sainsbury's Trust and were clearly advised that although they were very impressed with what we do, they would not be able to support us in any way as we were not a charity.

Is it not possible for some CICs, if not all to have a recognised status under the Charities Foundation in order to be able to approach trusts for grants…

Continue

Added by Simon Dean on February 25, 2013 at 19:38 — 2 Comments

Project Hidden Potential

Project Hidden Potential is a start up company aiming to raise awareness of a hidden disability, speech, language and communication needs. Young people become adept at hiding away this disability as it does not manifest itself physically, and often get misjudged. This often leads to crime, as statistics show between 60-90% of young offenders have a form of speech, language and communication needs. We aim to help identify and intervene before it's too late, by raising awareness.



The… Continue

Added by Mohammed Wasi on January 21, 2013 at 23:48 — 1 Comment

Update. 24 hours since my invite and it is looking promising.

Update time.

OK. 1 day in with this new forum Group and I have 1 new Director, who is also to be a co-signer of cheques and I am also in discussion with 3 other Directors of CIC's about the possibility of reciprical board membership.

I will keep everyone posted on further developments.

Added by Paul Gill on January 19, 2013 at 18:58 — 4 Comments

New Group for CIC's to invite reciprical board membership.

Hello All,

 

Just a quick note to say that, following my recent posts and the positive communication I have received from Directors of other CIC's, I have submitted a new Group for the CIC Forums.

 

The new Group is a place where CIC's can invite other CIC Directors to become board members, as a reciprical arrangement, to bring in experience, support, or/and, to help to meet with grant funding requirements which specify 2 or 3 Unrelated Directors or Board…

Continue

Added by Paul Gill on January 18, 2013 at 10:02 — 2 Comments

Motolab has converted to a CIC.

I have converted Motolab to a CIC this month.

I look forward to being part of this important association.

I think some will…

Continue

Added by Paul Gill on January 7, 2013 at 20:20 — No Comments

Community Screens our Aspirations

It is by chance that I found this association and I am glad that I have and become a member.  We are a new social enterprise with the aim to develop innovative ways of delivering services and making true differences in our society.  We have been waiting for over ten years to do this since readily available technology and legislation hadn't caught up with our aspirations.  So I shall work to keep you posted of events and projects which are looking to develop and should you need any assistance…

Continue

Added by Sarabjeet S Sidhu on January 5, 2013 at 12:38 — No Comments

The CIC Dividend Cap Review 2012

Hi All

CLICK HERE for survey

Should we only have one Cap for everything?   A Share Cap of 40%?  Should we allow sweat equity for success? Let the Regulator know your thoughts, it matters to all.

If you havent received your token please email me at john@cicassociation.org.uk with your full CIC name.

Non CICs can access it directly…

Continue

Added by John Mulkerrin on November 23, 2012 at 14:00 — No Comments

Asset Lock

Hi all. Just running through the set-up documents. We have decided to set-up a new CIC CLG and are developing the articles. Is it a requirement to nominate an asset locked body at this stage, or can you look at this at a later date? Will the Regulator reject the application at this stage? Many thanks. Paul

Added by Paul Sherry on November 13, 2012 at 13:47 — 2 Comments

Advice

Hi John. Thanks again for your advice over the last few days. The conversion application will be put together next week and hopefully we will be successful. I am also looking forward to engaging with other members on the blog. Paul Sherry.

Added by Paul Sherry on November 9, 2012 at 12:32 — No Comments

Help with VAT

hi there, would anyone be able to help me with the following matter? 

i am hoping to launch a local business directory and sell advertising space within its pages. 

how would this venture work with regards VAT?

Must i pay VAT on any in-directory advertising space that is sold?

i find HMRC website a bit of a minefield!

 

thanks

Pete

Added by Peter McNab on November 5, 2012 at 11:55 — 2 Comments

Discounted utilities for CIC's

Morning everyone,

Thought that I would ask here first.

Has anybody heard if any of the utility companies offer any discounts to CIC companies for gas, electric, Internet?

Thanks for your help.

Regards,

Graham.

Added by Graham Willsher on October 6, 2012 at 11:38 — No Comments

Monthly Archives

2016

2015

2014

2013

2012

2011

2010

2009

Groups

From Funding Central

Stanley Smith (UK) Horticultural Trust (Urgent)

Deadline: 15/02/2016.

Fund type: Grant.

Max value: £ 5,000.

To further the advancement of horticulture in the UK and abroad, grants are available for projects in support of horticultural research, the creation, preservation and maintenance of public gardens, publication of books on horticulture, study visits, plant collecting expeditions and training schemes for gardeners.

Redbridge - Arts Grants (Urgent)

Deadline: 15/02/2016.

Fund type: Grant.

Max value: £ 3,000.

Grants are available to not-for-profit groups for arts projects that will benefit the residents of the London Borough of Redbridge.

Comic Relief Local Communities Programme - Berkshire (Urgent)

Deadline: 15/02/2016.

Fund type: Grant.

Max value: £ 10,000.

Funding is available for organisations in Berkshire for projects which will increase local services, build the skills of local residents, increase community cohesion and respond to local economic needs.

Events

© 2016   Created by John Mulkerrin.   Powered by

Badges  |  Report an Issue  |  Terms of Service