Author Archives

• Converting a limited company to a cic

  By kgaccountantsblog on 27/02/2023 • ( 0 )

  

  Converting your limited company to a community interest company (CIC) can have some advantages and, of course, some disadvantages. The primary reason that someone would want to convert a limited company to a CIC is to align their corporate model… Read More ›

• Employing young people in your community interest company

  By kgaccountantsblog on 14/02/2023 • ( 0 )

  

  Employing young people in your community interest company is a great way to find energetic, enthusiastic help, but there are rules that specifically apply to people under 18. It’s important to ensure that you follow all the applicable laws. The… Read More ›

• 12 Tips to Motivate Employees Without Resorting to Money

  By kgaccountantsblog on 13/02/2023 • ( 0 )

  

  We all want our employees to be happy, motivated, and engaged at work. But sometimes it can feel like the only way to achieve this is by shelling out more money. There are plenty of ways to motivate employees without… Read More ›

• Sustainability and HR: The CIC Guide

  By kgaccountantsblog on 06/02/2023 • ( 0 )

  

  Human resources (HR) has a major role in helping to develop a sustainable company. The first step in promoting sustainability in your community interest company (CIC), charity, non-profit organisation, and other social enterprise is to set goals and standards. Once… Read More ›

• Why it is important to choose ethical banking for your CIC

  By kgaccountantsblog on 30/01/2023 • ( 0 )

  

  The ethics of companies has become an increasingly important criteria for consumers to choose to do business with them. In the banking industry, many people are abandoning their old banks and moving money to ethical banks. Consumers have discovered that… Read More ›

• How do I employ someone in a CIC?

  By kgaccountantsblog on 24/01/2023 • ( 0 )

  

  Although a CIC (community interest company) is a hybrid of a for-profit corporation and a charity, many of the rules for employing people are the same as a regular company. In this blog, we’ll review some rules and laws governing… Read More ›

• Employment Contracts and CICs: A Guide

  By kgaccountantsblog on 23/01/2023 • ( 0 )

  

  Employment contracts are an important part of nearly everyone’s employment. It defines the work to be done, the compensation that will be paid, and how any issues or concerns will be handled. Often combined with company-wide policies found in employee… Read More ›

• How to pay yourself as a director of a Community Interest Company

  By kgaccountantsblog on 09/01/2023 • ( 0 )

  

  How do directors get paid (UK)? Being a director of a Community Interest Company (CIC) in the UK can be an incredibly rewarding experience. But if you’re going to be paid for your services, it’s important to know how the… Read More ›

• Annual CIC Statutory obligations & Rules

  By kgaccountantsblog on 12/09/2022 • ( 0 )

  

  Each year in the UK, the CIC regulator requires all community interest companies (CICs) to file reports with the Companies House to ensure compliance with laws regarding being a CIC. This allows the CIC regulator to keep the public records… Read More ›

• Moving your CIC Bookkeeping from a Spreadsheet to a System

  By kgaccountantsblog on 04/07/2022 • ( 0 )

  

  Moving your CIC bookkeeping from a group of spreadsheets to an integrated system is one of the best ways to ensure that your data is correct and your accounts are properly handled. Below is a short list of the reasons… Read More ›