If you’ll forgive the indulgence we are rather proud to tell people that We Share Stuff Birmingham Ltd this week became We Share Stuff Birmingham C.I.C.
We’ve been working on this for a while, and are pleased to have cemented our social enterprise aims into the organisation. It won’t make any difference to the way that we operate.: put simply, we knew that we were working to make our community a better place but this makes it official.
“Community interest companies (CIC) are a new type of limited company designed specifically for those wishing to operate for the benefit of the community rather than for the benefit of the owners of the company. This means that a CIC cannot be formed or used solely for the personal gain of a particular person, or group of people.”
Thanks to iSE who gave us a lot of support during the process.