Community Interest Company (CIC) Reporting

Community Interest Company (CIC) Reporting

While completing a set of CIC accounts recently, it struck me that not a lot is written about CIC reporting, so I thought it would be useful to share this information.   As mentioned in a previous blog  a CIC is a type of limited company structure. It is a company...
Is a Community Interest Company (CIC) a Charity?

Is a Community Interest Company (CIC) a Charity?

Simple Answer: No, a CIC is not a Charity! What is a CIC – this is a relatively new form of company.  It was introduced in 2005.  It is for businesses with a social purpose whose profits and assets are mainly used for the same purpose in the business or the community....