We are really pleased to announce that the Hub (a Community Interest Company) has now became a Registered Charity.
In January 2019, the project took a big step forward with the establishment of The St Minver Community Hub Community Interest Company (CIC). Whilst this provided a strong base for the project, it was always known that this should be a stepping stone to gaining charitable status.
By September 2019, the framework documents were in place and the process of converting the CIC to a Charitable Incorporated Organisation (CIO) commenced. The Charity Commission advised that due to heavy demand, the application could take 20 weeks to process.
In December, a raft of questions and request for more data confirmed that the application was being progressed. In mid-January, the Charity Commission advised that the application had been successful and was being passed to Companies House for the conversion of the CIC to a CIO to be formally ratified – typically a 10 day process.
However, nothing is that simple, and further clarification of the documentation was required before the conversion was finally confirmed on the 28 January 2018 and the organisation obtained registration as charity number 1187638.
Charitable status enhances the credibility of the project, adds weight to applications for grant funding and provides the opportunity to claim Gift Aid on donations.
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