You might be considering the establishment of a community group, social enterprise, community interest company or charity. You might even be an established group wishing to explore an update to your existing constitution. You will have several options to consider, but one thing is certain many groups tend not to study this issue until it becomes necessary. Let’s face the fact; not many people get out of bed to engage their valuable time and energy in these matters.
I will work with you to explore the various models, including and support you through the appropriate registration process.
- Charitable company
- Charitable trust
- Charitable incorporated company
- A company limited by share
- Community interest company
- Industrial and providence society
- A company limited by guarantee
These matters may indeed be boring, but essential and in most cases the issues are not rocket science with most people being able to grasp the important issues.
Before rushing into big documents and expensive legal costs I will explore with you the strengths and weaknesses of the various models available to you. The key foundation to building good governance is an understanding of purpose and role for both the organisation and the individuals involved in managing and delivering activities. In architecture, the term is often referred to as form follows function. The principle being that the shape of a building or object should be primarily based upon its intended function or purpose. So before we start to explore:
- The level of protection to be offered to directors or trustees
- What options will there be for any profits generated
- How you can generate funds
- Who you will be regulated by
My approach will be to dive deeper into what you are currently, what you intend to be doing in the future and how you intend to do it. One of the easiest things for any consultant to do is simply pull a model (template) constitution of the shelf and fill it in for you. If this is what you want then you can find links to these templates at the helpful links and resources page. My working approach is to listen carefully to your needs and help you in the design and building of governance that is fit for purpose.