Author Archives

• 6 Ways to Boost Morale When Your Employees are Working Remotely

  By kgaccountantsblog on 28/05/2020 • ( 0 )

  

  Working from home definitely comes with some major benefits.  For employees, working from home means avoiding office distractions, cutting out a long commute time, and being able to work in comfy clothes and in a soothing environment. For employers, working from… Read More ›

• How to Support Local Food Banks During Coronavirus Outbreak

  By kgaccountantsblog on 26/05/2020 • ( 0 )

  

  With over 251K confirmed cases of the Coronavirus now in the UK, the need for supplies is becoming greater every day. Local food banks have been a major support system for the community. However, with more and more cases rising every day, it’s… Read More ›

• CIC v Charity: Understanding the Difference

  By kgaccountantsblog on 10/03/2020 • ( 0 )

  

  If you’re considering setting up a social Enterprise that will benefit the community-at-large, you have two choices – a community interest company (CIC) or a charity.  While both are designed to offer some benefit to others or the planet, they… Read More ›

• Mindset: A Guide to Community Interest Company Success

  By kgaccountantsblog on 04/02/2020 • ( 0 )

  

  The world of business entities can be quickly divided into three super categories: for-profit business, charities, and community interest companies (CICs). CICs straddle the line between a pure charity and a for-profit business.  A CIC can make a profit, but… Read More ›

• Online filing of CIC accounts

  By kgaccountantsblog on 28/01/2020 • ( 0 )

  

  On 2 September, 2019, the Office of the Regulator of Community Interest Companies announced that most of the 17,000 CICs in the UK will be able to file their accounts online. “This on-line filing service can be used by small… Read More ›

• Asset Locked – The CIC Mystery

  By kgaccountantsblog on 21/01/2020 • ( 0 )

  

  When forming a CIC, there is a guideline that a CIC cannot transfer its assets except under special circumstances. It’s called an asset lock. Asset lock is one of the key features of a CIC. It’s this concept that governs… Read More ›

• Filing cic accounts during the festive season

  By kgaccountantsblog on 03/12/2019 • ( 0 )

  

  December is usually a very busy period at Companies house. it’s not advisable living it to the last minute. Plan early Start planning early for filing your cic accounts and make sure you know your company’s filing deadline. Check and… Read More ›

• What funding is available for Community Interest Companies?

  By kgaccountantsblog on 06/08/2019 • ( 0 )

  

  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 ›

• Filing Annual Accounts for your CIC

  By kgaccountantsblog on 28/06/2019 • ( 0 )

  

  “Pirates stole my accounts.”“A goat ate my accounts.”“I found my wife in the bath with my accountant.” According to Companies House, the above are just some of the stranger excuses given by companies for not filing their annual accounts on… Read More ›

• CIC Company formation

  By kgaccountantsblog on 26/06/2019 • ( 0 )

  

  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 ›