When you’re passionate about a social purpose, you might consider forming a Community Interest Company (CIC). A CIC’s principal goal is to benefit a community rather than turn a profit for shareholders, but like any business model, it’s got its… Read More ›
Summer is here, and the weather is fine! We have a bunch of great grants for your CIC or charity to apply for. This money can go a long way to helping you accomplish your missions. Read the requirements carefully… Read More ›
Prior to submitting your reports, you need to: Once you’ve got everything lined up , you can go to https://find-and-update.company-information.service.gov.uk/accounts/cic/before-you-start to get started. What should your CIC report include You need to have your cic accounts handy. This should include:… Read More ›
Community Interest Companies (CICs) in the UK are required to submit a CIC34 each year. All CICs registered in the UK are required to submit the CIC34, a document that contains vital information on the CIC’s operations and finances to… Read More ›
The CIC34 community interest company report is a mandatory annual report for all CICs in the UK. It informs the Regulator about your CIC, whom you serve, directors’ remuneration, and more. As with every company, CICs have to submit a… Read More ›
Setting up a Community Interest Company (CIC) has many advantages over either being a normal corporation or setting up a charity. A CIC is a hybrid between companies and charities in that it’s a company with a social mission, but… Read More ›
What is CIC36 form? It’s a necessity for any social enterprise that wants to structure itself as a community interest company. All CICs need to fill out the CIC36 form and submit it to the Regulator of Community Interest Companies…. Read More ›
Are you looking to make an impact in your local community? If you are, we want to take a second to thank you. Helping to improve the community you live in, and make the world a better place than you… Read More ›
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 ›
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 ›