CIC Association

Rose White, Homayon Zeary and Steve Smith joined CIC Association

14 hours ago

Dale Lay posted a discussion

Tax before taking costs off or before?

Hiya,If i charged £100 for a group activity do i first of all take charges off like room rental, petrol, equipment etc. Off before taking the tax and national insurance off or do i take the tax and national insurance off of the whole £100?See More

Jun 8

0 Comments

Edward McDowall replied to Edward McDowall's discussion Members in the group CIC Governance

"Thanks Charlie. That's really helpful. Looks like I have some more research to do."

Jun 7

Charlie Cattell replied to Edward McDowall's discussion Members in the group CIC Governance

"It is perfectly possible to have a CIC with just one member, and I have designed and registered a number structured like this. If that sole member is itself a corporate body then the single-member CIC is a “wholly-owned subsidiary” as…"

Jun 7

Edward McDowall added a discussion to the group CIC Governance

Members

We are in the process of revisiting our Articles to have clearer governance between our two CICs. We are looking at making our core member association CIC a trading arm through which Directors are elected/ appointed for the second CIC - a strategic body working with local stakeholders. The trading arm CIC has over 140 members and will elect between 7-12 Directors. To get past the CIC Member provision, we propose that the strategic CIC have one member only which is the trading arm CIC? Is this…See More

Jun 7

2 Comments

Edward McDowall joined Jeremy Kite's group