George James Bailey posted a status
Oct 22, 2022
We are a small ltd company and CIC. Some years ago we purchased an asset, and spent most our cash refurbishing it. Our aim is to lease it out to provide funds to pursue our Objective, which will mean purchasing specific services and collating the results for local / regional authorities. Unfortunately, we are running out of funds.
An SITR scheme has been proposed but I believe we would not qualify as we are not 'trading'. Anyone have any thoughts?

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  • John Mulkerrin October 27, 2022 at 5:27pm

    Hi George

    Have you read this: SITR Note on Leasing-Licensing (2).pdf (getsitr.org.uk)

    If you'd like to have a quick call please email your contact details direct to john@cicassociation.org.uk

    Best regards

    John

    https://www.getsitr.org.uk/sites/default/files/2019-10/SITR%20Note%20on%20Leasing-Licensing%20%282%…
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