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CIC Governance Discussions (24)

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Accounting Error

Hi We set up our CIC in June last year. We've been taking money for living expenses as drawings. I know now that this isn't the correct wa…

Started by Wenderlynn

4 Nov 9, 2020
Reply by Mahmood Reza

Directors as employees

I have been helping newly established CICs find funding and keep track of their bookkeeping. A number of them are now looking to make their…

Started by Louise poor

0 Aug 16, 2020

Registering additional directors for a CIC

Hello, I would very much appreciate feedback and guidance in relation to these no doubt seemingly simple queries that are cause for current…

Started by Daniel Wood

5 Feb 21, 2020
Reply by Mark Trotter

Appointing a NED

Hello all, I am entering year of two running a CIC as the sole director, but with someone acting as the second bank signatory. I have now…

Started by Ali Strow

0 Sep 9, 2019

Putting a CIC 'on ice'.

Hi, We have been operating as a CIC for seven years. We are now facing a number of changes including losing key staff through retirement et…

Started by Pete Scott

3 Jan 16, 2019
Reply by Faye Bentley

Closing a CIC

Hi, can anyone give me advice or guidance on closing a cic. Sadly, the cic i set up years ago just isn't viable anymore. I left a couple of…

Started by emily woldon

0 Jan 16, 2019

Appointing a Local Councillor as a Director of a Place Team CIC

I'm Chair of a Place Team for a town in Cheshire that has been a CIC for several years. We have an elected member of the Local Authority wh…

Started by Michael Rance

1 Dec 12, 2018
Reply by John Mulkerrin

Changing number of directors and articles of association?

Hi, does anyone know if we can change from 3 directors to 1? I have two people no longer wanting to stay as directors - which only leaves 1…

Started by emily woldon

0 Dec 9, 2018

Director or Member?

Hi We were set up as a small CIC with the original founders as directors/members.However, when writing the the Articles of Association they…

Started by Martine Frost

0 Sep 8, 2018

Re employees

I feel this is probably a daft question but are our paid employees subscribers to our CIC (as opposed to our volunteers?).

Started by Rachel Gardiner-Hill

0 Jul 23, 2018



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