CIC Association

Serving Community Enterprise

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Diane Hayward updated their profile
7 hours ago
John Mulkerrin replied to Katie's discussion More info regarding Asesst locked Body... in the group Setting up a CIC
" ....which you could use to buy them back. Keep them outside the asset lock to avoid what is obviously a concern to you. Alternatively make an agreement with the CIC to use/rent them for a fee that covers their medical bills and feed etc."
yesterday
Charlie Cattell replied to Katie's discussion More info regarding Asesst locked Body... in the group Setting up a CIC
"The CIC is a legal person, separate from the individuals who own or run the company. The asset lock only applies to assets that are owned directly by the CIC. If you transfer ownership of the livestock to the CIC, then they could be sold off the…"
yesterday
Katie added a discussion to the group Setting up a CIC
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More info regarding Asesst locked Body...

Can someone please give some help/guidance surrounding the assest locked body section in the articles of association.We are looking to set up a CIC involving live stock that we already own. Is there a way to protect them if the worst should happen, as in, do they become asessts of the business/project if we already owned them prior, and if the business/project was unsuccessful and should dissolve for any purpose are they vulnerable? The assest locked body section has us worried, although I'm…See More
yesterday
Katie joined David E Alexander's group
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Setting up a CIC

Guidance on how to set up a CIC especially where communities need to work together before they actually create the CIC e.g. collect funds commission work from advisors ahead of formation as some market testing or preparatory workSee More
yesterday
Chris Smith updated their profile
Oct 7
Chris Smith joined John Mulkerrin's group
Oct 7
John Mulkerrin posted a video
Oct 5

Forum

£240m health contract awarded to CIC 3 Replies

Started by John Mulkerrin in CICs in the News. Last reply by Eoin Heffernan Feb 20, 2019.

Barlinnie inmates to build Glasgow social housing through £2 million CIC Bond 1 Reply

Started by John Mulkerrin in CICs in the News. Last reply by Catriona Nason Nov 15, 2015.

CIC offers new 50% SEIS tax relief to investors 2 Replies

Started by John Mulkerrin in CICs in the News. Last reply by John Mulkerrin Sep 21, 2017.

Association Logos for CIC members 5 Replies

Started by John Mulkerrin in Introduce yourself. Last reply by Mark Standish May 17.

Blog Posts

Peoples Millions finalist!

Fantastic news! - Horses Helping People CIC in Buckinghamshire have won through to the final round of ITV's The People's Millions, where worthy projects compete for public votes to win a cash donation of £50,000 from the National Lottery Big…

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Posted by Debbie La-Haye on October 31, 2013 at 23:18 — 5 Comments

 
 
 

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