Grant funding is quite possibly the most integral piece of community interest and nonprofit work. The spirit of connection stems from lending a hand to those that really need it. And this practice works best when we are vulnerable to… 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): […]
Turning a hobby or passion into a career isn’t as easy as charging for services. The difference between amateur and professional isn’t so much about the skill level but structure. For those considering becoming certified as a personal trainer, this… Read More ›
That it is difficult to file relevant paperwork on time is part of the point of the relevant paperwork. For a company with a community interest, reporting statutory accounts each year can feel tedious. The information in CIC Accounts covers… Read More ›
With the prevalence of the pandemic, food insecurity is on the rise. According to the ENUF, 10 percent of households were food insecure in 2016. This number is only expected to grow. You can make a tangible impact on the quality of… Read More ›
Businesses continue to struggle in the wake of the ongoing threat of COVID-19. Consumers are reluctant to spend and guidelines have restricted their usual interactions with commerce. This trend cuts even more deeply for restaurants and pubs where close contact and the personal… Read More ›
Often when getting started with a project it’s easy to make mistakes. Few processes are truly intuitive and without direct and rapid feedback, one erroneous assumption quickly becomes many. Add to this the difficulty of streamlining processes so that they… Read More ›
Registered charities don’t succeed by accident, they take effective planning and volunteers working to the utmost of standards. The board of trustees carries the obligation to see that the charity operates effectively and efficiently. None on the board is more… Read More ›
Filing an annual report means facing a dedicated deadline that many struggle to plan for. Between wrestling with the details of what needs to be filed when the filing needs to be complete, and how much time the report compilation… Read More ›
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 ›
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 ›