What’s the key difference between a CIC and a charity, and which is better for your organisation? Learn how to decide between a CIC Vs a CIO. Are you interested in setting up a social enterprise? That’s great news! But,… 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): […]
Community interest companies are of great benefit to society. Read on to learn about the October roundup of the latest CIC grant funding uk advice. Fall is upon us! 2021 is rapidly coming to a close. But, CIC organisations don’t… Read More ›
Should you use the CIC dividend cap? It’s a question a lot of directors and board members of CIC organisations have to ask themselves. The community interest dividend cap is there to help CICs remain community activist organisations. The primary goal… Read More ›
Discover the latest round of CIC grant uk funding opportunities for September, eligibility and requirements, and where to apply. Learn more here! It’s that time again! Time for the September roundup of the latest CIC grant funding opportunities. It’s been an amazing… Read More ›
Have you ever found yourself wondering, “How many directors does a CIC need?” If so, read here for an answer to that question and more information about CIC Directors. Are you considering opening a CIC? If you’re considering it, let… Read More ›
The pandemic has hit everyone, and employees are starting to look for happier work environments. We look at boosting employee morale and retention rates. It’s safe to say the world isn’t the same one we left behind back in 2019…. Read More ›
Irrespective of the size, every CIC needs to file a set of accounts and also to submit a CIC tax return (Form ct600) and we agree that CIC company accounts preparation, adhering to deadlines and producing them in iXBRL format… Read More ›
Do you want to set up a business with charitable or community-based objectives? Check out the benefits of setting up a social enterprise. Have you realised there’s a need for change in the world? More people than ever are coming… Read More ›
Who doesn’t need more funding? Community organisations and government projects rely on successful grant applications to move forward. And with July behind us, community interest companies are full speed ahead on the impact they can make over the next quarter of the… Read More ›
There’s no doubt that your organisation does remarkable good for the community. However, you’ll need funding to continue doing your exceptional work. Grant funding is vital for community-based projects. However, it’s a competitive process. Unfortunately, benefactors can’t provide funding to every… Read More ›