If everything worth doing is difficult then everyone worth hiring to do something must also be difficult to find. It isn’t just government that need to vet companies and deliberate over competing bids. Anyone looking to hire a professional should… Read More ›
CIC Funding is a more specialised type of funding. It can be frustrating if you do not know were to look or you do not have an advisor to point you in the right direction. If you are looking for… Read More ›
It has been 14 years since the UK government first introduced community interest companies (CICs). CICs are very popular among social entrepreneurs who want to use business to help their local community. You can read one of our earlier blog… Read More ›
How to become a personal Trainer. If your looking to start a career as a personal trainer, on top of having a great accountant who understands the fitness industry, you need to have 7 essential skills: 1 Organization skills 2…. Read More ›
Charity Accounts Trustees normally need to complete a charity’s annual return as soon as you approve its latest accounts and trustees’ annual report. Normally If your charity’s income is more than £10,000, by law, you must complete an annual return… Read More ›
Community Interest companies (CICS) A CIC is a special breed of a limited company which exists to benefit the community rather than its shareholders. Community Interest Accounts In addition to the initial Community Interest Statement, every CIC must file an annual… Read More ›
Many more companies will qualify as small as a result of the substantially increased company size limits. The new size criteria below is mandatory for periods commencing on or after 1 January 2016, although earlier adoption is permitted for financial years beginning on or after 1 January 2015 (the audit exemption cannot be early adopted): […]
Doing good in the world is a difficult task, not only because of the effort but especially because of the resistance. People in local communities are naturally suspicious of organisations that claim altruism. They have, after all, been burned by… Read More ›
The instruction of community interest companies (CIC) provided organisations with new ways to view profit and community. Like any hybrid system, the aim was to match a combination of interests. However, a combination of interests rarely remains in balance. What… Read More ›
Despite the mystique and allure of the title jack-of-all-trades, most people know only a few things in a few niches. It pays to be comfortable and knowledgeable about a single subject over dabbling in a dozen. Many professionals would rather… Read More ›
Bodies and minds need constant motion and stimulation to stay healthy. In this trying time, one or the other emphasis slips through the cracks. To compensate for more at-home time, many people look for opportunities to help their communities. No… Read More ›
The ongoing COVID-19 pandemic has pushed the limits of many businesses resources. The longer things remain limited service, the lower precious reserves of capital get. Many efforts are being made by the government to supply additional funds, and with it,… Read More ›
For many, the idea of becoming a ruthless corporate tycoon is unpalatable. For those who dream of opening a business and making a difference, this image is too often seen as a triumph. Pushes in the past fifteen years have… Read More ›
Managing Charity’s Finances and Bookkeeping involves more than establishing a sum total or a bottom line. The art of bookkeeping comes from the ability to see data streams as they form, progress, and terminate. Excellent bookkeeping provides more than a… Read More ›
Like a business, a charities and non profit organisations needs to manage their money and resources in a responsible and efficient manner. Unlike a business, though, a charity must undertake an annual examination of its accounts to make sure everything is going… Read More ›
Once upon a time, the roots of enterprise were deeply woven within communities. A business existed to benefit its place of origin as much as it did to enrich the world outside of its limited borders. This spirit remains today, though… Read More ›