OUR LEGAL STRUCTURE
What We Are
CATALYST 4 CHANGE is a Community Interest Company (CIC). A CIC is a limited company, with special additional features, created for the use of those who want to conduct a business or other activity for community benefit, and not purely for private profit or advantage.
CIC’s are one of the fastest growing community oriented enterprise movements in the country.
MORE ABOUT CIC's
CICs can vary from small ‘kitchen table’ type organisations, to multi-million pound turnover organisations employing thousands of people. They can be set up as either a Company Limited by Guarantee or a Company Limited by Shares, and are often described as Mutual’s or Social Enterprises.
Central Government, Local Government and Charities are all using the CIC model to innovate their services, whilst a growing number of private sector companies are also converting. The model is progressively being used across the country and by all spheres of society.
The CIC legislation was introduced as a legal form under the Companies Act 2006 and subject to that Act and company law generally. CIC's are regulated by the Community Interest Company Regulator via an annual report, known as the CIC34, which is submitted to the Regulators office on an annual basis.
The Community Interest Company Regulator’s office is a part of Companies House and governed by The Department for Business, Innovation and Skills throughout England & Wales.
WHAT SOME MEMBERS THINK!
“MASH (originally part of National Mind) would have had a bleak future if not for the intervention of CATALYST to provide incubation, business planning and fundraising support. We look forward to the future with more confidence”
Tippa Naphtali / M.A.S.H
“We thank Catalyst 4 Change for providing an excellent support and incubation structure for the Fund and being the accountable body until we're at the stage where we can become a UK charitable organisation in our own right”
Jaki Miller / NMPMFF
“Red Alert looks forward to developing its 24-hour support line for families concerned about detained loved ones. We are grateful that CATALYST will help us to reach phase 2 of our 5-year development plan”
Kushi Amlak-Sakhu / Red Alert
