CIC Association

Serving Community Enterprise

All Blog Posts (236)

Accounts

As a CIC our year end is 31st March, some of the work we undertake is based on an academic year. We have been told by the accountant that at the end of the financial year any money left over (profit) is due for Corp Tax, even though the money is restricted to a project, one of these projects is ongoing. Is this true and if so is there a way round it.

Added by Lynda Lynne on September 22, 2010 at 12:08 — 2 Comments

CIC Accounts

Hi Everyone, I need help/info. I am coming up to my first year end accounts and realise I dont know what is needed for CIC accounts. Do they need to be audited? etc etc Could someone clue me in to what I need to be doing please, rather than spend a fortune on finding out this info.

Many thanks

Sue Westbrook

Added by Sue Westbrook on September 20, 2010 at 22:36 — 1 Comment

Google maps of CICs

This is great - I love seeing all those little CIC flags!

Added by Sara Burgess on September 20, 2010 at 9:38 — No Comments

greatest challenge facing social enterprise

provoking paper suggesting that all social enterprises share the same 'greatest challenge' - http://bit.ly/bUJuj1 (opens as pdf doc)

Added by Adrian Ashton on September 17, 2010 at 15:05 — 1 Comment

the evolution of social enterprise

great pdf: 'the evolution of social enterprise' as viewed as a historical timeline (monastries to today) http://bit.ly/bZEgMu

some people have found it doesn't give enough detail to the european dimension, but the authors are happy to receive contributions for future updates (details in the document)

Added by Adrian Ashton on September 16, 2010 at 9:49 — No Comments

what can Shakespeare teach us about social enterprise? (better 'to be', or 'to do'...?)

Many charities and local authorities are now running services and activities under the banner of ‘social enterprise’ to contribute to their sustainability (both as services and organisations).



This perhaps helps to explain why there’s such confusion about what social enterprise is: some organisations presenting their structure and form as the basis for their identity, while others present…
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Added by Adrian Ashton on September 10, 2010 at 8:58 — No Comments

Dragons' Den CIC confusion ends in walk-out



A socially enterprising sculptor was hit with the wrath of the BBC Dragons this week as he appealed for investment.


Extract '…
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Added by John Mulkerrin on September 9, 2010 at 15:36 — No Comments

Equity tycoon Sir Ronald Cohen is set to receive more than £10m from the Government and the Big Lottery Fund

Social Finance, the social investment bank co-founded by Sir Ronald, could get as much as £11.25m from the…

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Added by John Mulkerrin on September 3, 2010 at 13:30 — No Comments

General Update-Meeting with BIS- New media partnership, get your free subscription

Dear Members

Messages to BIS…

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Added by John Mulkerrin on July 27, 2010 at 12:13 — No Comments

lots of CICs but what are they doing?

so - this may (hopefully) provoke some discussion: a posting on a LinkedIn group recently said that of the 5000+ registered CICs, only 1% were co-operatives and the majority are 'inactive' (not trading) which was based on the authors looking up their records at Companies House.

if this is the case, then this surely poses an urgent question for the Association - namely what's going on if people are incorporating as CICs but then not actually doing anything? I know that the CIC…

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Added by Adrian Ashton on July 12, 2010 at 13:01 — 4 Comments

social accounting - how hard can it be if a sole trader can do it?

the Social Audit Network has just published a story of a sole trader who is doing social accounting on themselves http://bit.ly/8Xxh3i (opens as pdf, see p3)

Added by Adrian Ashton on July 12, 2010 at 12:22 — No Comments

Quick hello from Firefly Workshops, Brighton

Hi!…

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Added by Steve Morley on July 11, 2010 at 16:56 — No Comments

Accessability is it that important?

Website Accessability Is key when planning websites as people use all different ways of accessing your creation.



Some of these ways, but by no means all, are:…

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Added by Steve Blake on June 27, 2010 at 16:21 — 1 Comment

CICs, ella fitzgerald and 2008...

just stumbled across mp3s of the feature I recorded with @davedawes (founder of entreprenurses cic) on CICs back in 2008 that were really popular at the time http://bit.ly/aPkaye (and also feature ella fitzgerald and S&M clubs...)

Added by Adrian Ashton on June 25, 2010 at 12:44 — No Comments

Tips and tricks for web sites

My area of expertise so to speak is the use of the web!



Over the past 10 years I have been writing websites for people and have learned a great deal (have in fact been writing websites since HTML 1 first came out). Two major things I have learnt is small business do not…

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Added by Steve Blake on June 25, 2010 at 1:30 — No Comments

where next for social enterprise (and CICs) in the 'big society'?

There’s increasing interest from politicians and investors for social enterprises to enter ‘non-traditional’ market places (apparently there’s a belief that social enterprises don’t usually foray out of construction, catering or childcare into markets like telecoms, IT, financial services, etc etc...), especially into industries where private businesses have failed.





So – leaving aside the argument that if other businesses fail in these markets, where is the logic in us…

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Added by Adrian Ashton on June 24, 2010 at 19:21 — No Comments

Third Sector News - Duncan Fisher: 'The charity structure does not deliver'

Charities? They're yesterday's news, according to the charity chief executive turned social entrepreneur. Tristan Donovan finds out why

Duncan Fisher already has two charities to his name. In 1994 he co-founded Action for Conservation Through Tourism, now the Travel Foundation, which funds community projects in tourist destinations. Five years later he co-founded the Fatherhood Institute, a think tank that encourages family policy to pay more attention to…

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Added by John Mulkerrin on June 23, 2010 at 12:41 — 1 Comment

The future of Ning!

I'm picking up rumours like this one http://chris.pirillo.com/the-future-of-ning-communities/ that Ning is looking for new cash and having problems with their business model. It wouldn't be the first free network to crash. Anyone heard anything substantive?

Added by Rob Kay on June 18, 2010 at 12:30 — 1 Comment

could social enterprise benefit from using a co-operative identity?

Co-operative enterprises are extremely varied in their basis for membership, forms and structures, but all share a common global basis of…

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Added by Adrian Ashton on June 15, 2010 at 9:27 — 1 Comment

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