Thanks, John. Found out about CICs through the Hoylake Village Life site and my contact there, Matt Biagetti (a contact from my Liverpool days).
Interesting idea, registering a CIC with the Association for a village in Romania. Will do some reading and mooch about the site, talk to people and think. Carpathian villages are under threat from the EU's agricultural policy, and between the EU and American TV the way of life here is changing very fast, not all for the better.
Thanks for the chat yesterday and I am starting to get things ready to send over to you. I have looked over the Business plan language and for typo's etc.
To give you a bit of time to read through, it is attached. I will send 0over the cahflow forecasts and Profit & Loss sheets hopefully later today, they are being checked for glaring mistakes as we speak.
Unfortunately we will not have the marketing plan ready in time for Tuesday, but it is being written in a standard template format.
CIC is a bit of a grey area for all involved and this is a great forum for sharing experiences and advice. I do n`t think there are too many junior football clubs that are CICs (if there are, say hello!) so if we can pass on any advice, all the better.
Apologies for the long delay in responding! Thanks for the welcome. I'm just interested in using the site as an information sharing and idea gathering exercise. It's been really helpful so far.
We (a small private cookery school) are in the process of transferring to become a CIC (currently a sole trader) and have got most of the paperwork completed. We have five prospective directors and have a meeting tomorrow with all of them.
I wondered if you could shed any light on the differences between a subscriber, a member and a director. Our company will be private, limited by guarantee. Also, I'm still not clear on the liability side of things (though understand that subscribers need only be liable for £1). I just want to make sure I have my facts straight when I meet with the others tomorrow! Thanks in advance
Thanks for your comment. I do hope to be able to get involved, but a bit further down the line. We are just getting started, registering as a CiC in next few weeks, and LOADS to do. But once we are a bit more settled I hope I can make a contribution. In the meanwhile it is great to know the Assoc exists and how much is going on in the CiC world.
I was searching the internet for some advice concerning Not for Profit Organisations, how a grant would affect income tax and if it would be possible to separate grants from the main operations (income) of the organisation.
I noticed a thread from one of your members with a similar question and wanted to find out if they had found out if it is possible or if in order to take on grants it would be better to apply for charitable status.