"Was May 3 2016 the start of trade or incorporation? Can you delay trading so you have less than one year."
Serving Community Enterprise
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Alastair Irvine's Discussions
Can CICs "trade as" ?
2 Replies
Normal companies "trade as" all the time. You don't see O2 plc on the TV ads, but on their documentation and contracts somewhere it will explain "O2 plc trading as O2".Is there any regulation to stop…Continue
Started this discussion. Last reply by Alastair Irvine Jan 27, 2010.
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"Brendan
I would say that you need to set salaries at a reasonable level for the work to be performed. Setting them artificially low now simply stores up problems for later. Equally, saddling the balance sheet with debt is not good for financial…"
Paul Johnson replied to Alastair Irvine's discussion Are Grants Taxable? Am I Trading? in the group Accounts Group"Thanks Alastair I believe its deferred: it was a start-up grant to fund programme marketing and not all of this spend was finished inside the 1st accounting period - it was all spent in the next 4 months. It would seem extremely unreasonable…"
"Paul
If it is legitimately Deferred Revenue then; No it should not go on the CT600 as revenue. This number should be identical to what is in the stat accounts.
Alastair"
Paul Johnson replied to Alastair Irvine's discussion Are Grants Taxable? Am I Trading? in the group Accounts Group"Hi all
I am a retired public sector accountant, NHS background largely but some other sectors too.
I have a pro-bono CIC client whose first accounts I have prepared and whose first CT600s are due soon.
I have taken the excellent advice above and…"
Profile Information
- What is your postcode?
- RH16 1EP
- Name of organisation (if any) you are associated with?
- Inspirate CIC
- Is that organisation a CIC?
- Yes
- If you have a website, what is your web address?
- http://inspirate.org
- Are you interested in representing a CIC at the CIC Association AGM?
- Yes
- Are you interested in working in partnership with the CIC Association?
- Yes
Alastair Irvine's Blog
EIS for CICs
My slides on the Enterprise Investment Scheme for Community Interest Companies are now available here: EIS for CICs.pdf.
If you have any questions, do get in touch.
Alastair
If you have any questions, do get in touch.
Alastair
Posted on January 22, 2010 at 16:30 — 1 Comment
Comment Wall (2 comments)
- At 13:21 on December 11, 2015,
Tim Cooper said…
- Hi Alastair - We are Communities Insurance Brokers CIC - we specialise in advising and assisting charity and social enterprise organisations find suitable and cost effective insurance cover. Our clients range from large social housing providers and charities to small CIC start-ups and voluntary groups. We have no minimum premiums and do not charge for our administration. Please let me know if we can can help. Kind regards Tim Cooper 07790 598080
- At 16:03 on January 30, 2012,
Phil Conway said…
Hi Alastair,
Phil Conway from Cool2Care here. Looking to get in touch with you, but realise you've moved jobs. How can I reach you?
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