All Blog Posts (224)

We're currently moving from a CIC Ltd by shares to a CIC Ltd by gaurantee.  We've opened up the new CIC and now I'm trying to work out how we transfer the assets.

I've found the correct form but need to know how much detail I should include. We're a second hand shop with two full large shops and two warehouses.

The stock turns over so quickly that we'd never have an exact list of everything we owned.

Has anyone ever done it? Any advise would be…

Women’s Radio Station is all about diversity - from opinions, career, ethnicity, education but more importantly entertainment we aim to show the individuality of every woman, everywhere. Providing opportunities and a platform for your voice,  irrespective of creed, colour, race, religion or disability.

Women’s Radio Station is a fresh new broadcasting platform driven by love and passion, connecting women…

hi - I have a question regarding raising private investment on a show by show basis.

We are now at a critical point of fundraising for our upcoming show in 2018. The idea being as we are now newly formed as a CIC we can mix NPO funding with private investment.  We are hoping to raise circa £10,000 in donations. £15,000 in Arts Council money and £30,000 private investment. We want to use the 35% profit split to pay returns to investors and bonuses to…

I recently asked the CIC regulator a few questions about their powers and enforcement of those powers under a FOI request. I'm not sure how to upload their response (can I post it anywhere?). Most notably, over past 5 years, 310 CICs investigated. 0 CIC's had enforcement action against them.

Hi, 

“Youth Ocean Action CIC” is being formed as a platform to educate young people on an International basis about the dangers of Plastic Pollution as they are generally more enthusiastic about environmental issues once they are fired up.

We are planning an International Conference in Eastbourne in May 2019 to teach them how to reduce the amount of plastic reaching our Oceans, as well as how to reduce what is already there. This will be 3 day Conference where we will…

As the CIC can I charge people for services and reinvest money for social purpose? e.g. Charge people which are in employment and reinvest money to cover charges of services for unemployed people or to charge people to cover expenses of prints, handouts for training sessions.

Good morning,

can you please let me know if a CIC could be focused in overseas healthcare projected, especially in developing countries ?

Thanks and regards,
Dario

Good morning,

can you please let me know if a CIC could be focused in overseas healthcare projected, especially in developing countries ?

Thanks and regards,
Dario

Good morning,

My friend and I have set up Lovemindfulness cic to teach mindfulness in schools.

We have established with the local authority that we are exempt from ir35 because we are interchangeable. They are invoicing lovemindfulness for our services.

So far so good.

Now, as self employed mindfulness teachers, we invoice lovemindfulness.

We think that, because we also do work outside lovemindfulness, we are compliant with employment legislation.

Is…

Hi,

I'm not sure if this question has been answered already. But I could do with a little assistance in this area. 

I'm currently setting up a CIC and would like to be a member of the board. In saying this I intend for my company to carry out some of the work when we apply for grants.  Would it be best to change my company into a CIC or create a new CIC and receive funding to enable my company to carry out work. Sorry if this sounds confusing... this is all very new to me! 

The bird of paradise is an exotic perennial that is hardy to plant in USDA growing zones 9 through 11 where there's a low risk of frost or cold damage. Bird of paradise plants tend to be heavy feeders and require frequent fertilizer and water applications through the growing season to keep healthy.

You possess a lot of questions. It is an as well as. You don't have with regard to you work on. You have a relatives and a job and you're tired via the end throughout the…

Anyone please signpost me towards a template as I understand as a CIC I cannot use Webfiling fiftyoneast@gmail.com

We are a CIC committed to helping unemployed Older Workers back into sustainable employment. We work within East Anglia and North London - we just need the opportunity through funding.

Hi,

I'm currently setting up a local choir for asylum seekers. The choir will work alongside an existing charity that provides asylum seekers with other services.

We will be looking to apply for grants to fund the choir. Our main cost will be to pay for the choir leader: we expect both our income and costs to be small.

We are currently researching what the best structure for an organisation of this type is: CIC Vs Charity Vs Other.

Our considerations at the moment…

SH:24 has won 2 Lovie awards - awards celebrating the best of Europe's internet. This includes the silver award for Health and Fitness website and the People's Choice website - voted by members of the public.

We are rapidly scaling across the UK, having launched in Lambeth and Southwark in March last year, we are now available in Herefordshire, Telford & Wrekin, Essex and Shropshire. We will go live in Medway next week.

I would like to thank the CIC…

I have access to a pool of wealthy investors willing to make loans to CIC's provided they can get tax relief on their loans.  Any CIC's looking for in excess of £50k, for a commercial project, I would like to hear from you.

Please could someone advice me on how to provide my company accounts which need to be submitted with teh company report (CIC Form 34). This willbe for the 1st year and I have never done anything like this before so do not know where to start or to include.

Thanks

Samuel Mbugua

BITAC SOLUTIONS C.I.C

About The TRYangle Therapeutic Centre C.I.C:

We are a team of Specialist Therapists who are concerned with the social improvement of people in the community who are experiencing Domestic Abuse.…

My company has a convoluted system of retirement (based on annual retirement by thirds) for our Directors.

I cannot see anything in model Articles or the Companies Act 2006 that says this is a duty or preference and I would like to amend our AoA accordingly. Has anyone got experience of Director retirements that might help me please?