Oh flippin bother - Ive got that stupid 'you have recently posted a comment. Please wait a moment before trying to post again' message - some of us can type fast BKN - stop doing that!!!!!!!!!!!!!!!!
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Joanne
Winner of Bookkeeper of the Year 2015, 2016 & 2017
Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.
You should check out answers with reference to the legal position
Thanks for your comments.. the relevant ones anyway!
I was offering to do work for free. I am aware a CIC is not a charity but are the differences huge in relation to bookkeeping? We still have to record all donations/grants by project and log all other income/expenditure appropriately. It's still a non profit organisation. Please enlighted me if there any big differences I should take into consideration though
Thanks for your comments.. the relevant ones anyway!
The irrelevant one's are more fun though. It's what keeps the people here sane (or at least close to it) as the fun side of the forum makes it feel more as though one is working in a team rather than alone.
ps.. does it matter what my name is ?
Yes, how else would the other people in your house know what to call you. lol.
People are only after a first, not full name.
It's actually a current campaign so that when we are talking to people our responses come accross more politely.
Its also traditional that you first post an introduction so that we know who we are talking to enabling us to gear our responses accordingly. i.e. we would not answer a newly qualified ICB poster in the same way as (say) an ICAEW one. The answers would be the same but the way that the responses are phrased would be different.
Kindest regards,
Shaun.
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Shaun
Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.
Where do you get the inside scoop on people's names, Jo? You're like Septic Peg... sorry Mystic Meg :))
Just left click their userid Michelle...
Oops, sorry Jo, I've just diluted your power. lol.
Jo,
the slight delay between postings was caused by an attack on the site by someone using several different user names.
When people are banned its now by IP Address rather than user name plus the built in delay gives myself or Steve time to react. It's only a very short window but it's enough to stop a sustained attack... Well, at least of the type that was perpetrated that time.
__________________
Shaun
Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.
Fortunately I have other powers, although some of those are failing me too this week! I did email Michelle and gave her the inside scoop.
Bloomin heck if you or Steve can react in that short space of time I am well impressed. You know me - sooooo impatient. Although it explains why you are tied to a chair by the Christmas tree lights and are wearing blinkers so you only look at the screen 24/7.
__________________
Joanne
Winner of Bookkeeper of the Year 2015, 2016 & 2017
Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.
You should check out answers with reference to the legal position
Thanks for your comments.. the relevant ones anyway!
I was offering to do work for free. I am aware a CIC is not a charity but are the differences huge in relation to bookkeeping? We still have to record all donations/grants by project and log all other income/expenditure appropriately. It's still a non profit organisation. Please enlighted me if there any big differences I should take into consideration though
ps.. does it matter what my name is ?
Hi Fiona (just easier to have your name and better than 'oi you', although Im used to answering to that!)
You could charge them for your time.
Have you had a look at this - lots of info about what needs doing - its not massively different tbh....https://www.gov.uk/government/organisations/office-of-the-regulator-of-community-interest-companies
-- Edited by Cheshire on Thursday 5th of November 2015 03:11:16 PM
__________________
Joanne
Winner of Bookkeeper of the Year 2015, 2016 & 2017
Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.
You should check out answers with reference to the legal position
Thanks for your comments.. the relevant ones anyway!
I was offering to do work for free. I am aware a CIC is not a charity but are the differences huge in relation to bookkeeping? We still have to record all donations/grants by project and log all other income/expenditure appropriately. It's still a non profit organisation. Please enlighted me if there any big differences I should take into consideration though
ps.. does it matter what my name is ?
Hi Fiona
A CIC is exactly the same as a limited company. They just have certain restrictions and need to add a CIC report when they file abbreviated accounts. If limited by guarantee, no dividends can be taken. They also have an asset cap which means all assets have to be used solely for the CIC, not personally... that how I understand it at the moment, having just been appointed to one, myself.
-- Edited by FoxAccountancyServices on Thursday 5th of November 2015 03:44:23 PM