Apologies if thread de-rail but I'm working with a few charity founders at the moment and most have registered with Companies House as a Community Interest Company - a type of social enterprise setup to support a specific community/group - to get going with the longer-term view of gaining charitable status (and sorry if you're already aware/have done this).
This means you don't have to go through a lot of the governance the Charity Commission requires. Does affect limit some types of funding available from grants/trusts/foundations. It also means if things don't work out it's easier to dissolve than a charity so allows for being a bit braver.
Hi Dsalmon! That’s interesting I will mention it to my partners because we would like the formality and possibilities of having charitable status but we have some group dynamics to figure out. A community interest company sounds like it could be a good fit.
Thanks, and also thanks! :)
Apologies if thread de-rail but I'm working with a few charity founders at the moment and most have registered with Companies House as a Community Interest Company - a type of social enterprise setup to support a specific community/group - to get going with the longer-term view of gaining charitable status (and sorry if you're already aware/have done this).
This means you don't have to go through a lot of the governance the Charity Commission requires. Does affect limit some types of funding available from grants/trusts/foundations. It also means if things don't work out it's easier to dissolve than a charity so allows for being a bit braver.
Also - the musettes are awesome!