community interest companies CIC
What are community interest companies CIC
A community interest company (Or CIC) is a non-charitable limited company which solely exist to benefit a community and with a view to pursue and fulfil a social purpose or mission.
A CIC may either be limited by shares (CLS) or by guarantee (CLG).
Benefit of community interest companies CIC
Community Interest companies (CICS) A CIC is a special breed of a limited company which exists to benefit the community rather than its shareholders.
The Asset lock and community purpose requirements ensures that the social mission is protected which attracts grant funding from Local authorities and other public bodies.
KG Accountants are one of the leading Community interest accountants in the uk and have excellent in-depth knowledge and expertise in dealing with CIC accounts, CIC Payroll, CIC Bookkeeping, CIC formation, administration right through to preparing and carrying out independent examination of CIC accounts.
The Specialist services we offer to Community Interest Company include:
- CIC Company formation: Setting-up a new organisation: regulatory, taxation, and governance issues
- CIC Accounting
- Community interest Company Accounts
- Help with completing a Community Interest Company Tax return.
- Advice on obtaining a Community Interest Funding
- Help with opening a Community Interest Bank Account.
- Help with obtaining Community Interest Insurance (Social enterprise Insurance)
The above list of services is not exhaustive. We are pleased to offer advice and assistance on any CIC matters.
At KG Accountants we provide a cost-effective, high value solution to meet all of your CIC needs.
All our CIC fees are fixed.
By giving you a fixed and competitive price, we can take the worry away when it comes to running your CIC; allowing you to concentrate on running your organisation.
Arrange a FREE CIC initial consultation.
0207 953 8913
how we can help
Call us today on 0207 953 8913 or complete our enquiry form in order to book a FREE initial CIC consultation.
Require more information about CIC?
If you would like more information or would like to ask us a question then call us on 0207 953 8913. To ask us a question online click here.