Share on        Get in touch · 01892 528500        Sign up to newsletter
 

CIC: what does this mean?

Community Interest Companies (CICs) were introduced by the UK government in 2005 (via the Companies Act 2004) as a way of allowing social enterprises to use their profits and assets to benefit the community. As a CIC, Challenger Troop is a business with primarily social objectives, whose surpluses are mostly reinvested in the business.

As with all CICs, Challenger Troop files an annual Community Interest Report, which details how it has pursued and benefited the community interest. It files its accounts annually with Companies House and is monitored by the Community Interest Regulator, who has also approved its registration as such.

For further information regarding CICs, please refer to the CIC Association website, at www.cicassociation.org.uk


Share this article with others

               

Enjoyed this post?
Please sign up for updates directly to your inbox

  • This field is for validation purposes and should be left unchanged.

Posted: 23, November, 2012
by Challenger Troop

Share with others

               

"Outdoor learning is giving them back their childhood wonder and curiosity at new things, allowing them to experience the marvel of discovery and the learning that comes from taking risks"

Contact us

If you have any enquiries, please feel free to contact us.

Full contact details

Where we are

Our head office is located in Tunbridge Wells, Kent. Click on the link below to view the map.

Full contact details

Our Partners

We work in partnership with many organisations.

Go to our partners page