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Becoming a CIO (Charitable Incorporated Organisation)
Our current constitution is out of date. It’s an old model (Registered Charity) no longer available to new organisations. The Charity Commission has been encouraging charities to switch over to one of the new models for over 10 years, and our umbrella bodies have been reminding us to do this recently too. Funders increasingly expect it, including the Lottery Community Fund. It’s time we got around to it!
The benefits will be:
Essentially, we’ll be setting up a new charity, which will be the same as the old one, same name, same people, same services, same money, same values, except . . .
The reasons for changing to a CIO are:
At the AGM on 14th June we will ask the current membership to agree to transferring all our assets over to the new CIO and close down the old charity. In practice, most people won’t notice the changeover, and there won’t be any changes to services or activities. The only noticeable difference will be, that when we have annual meetings from 2023 onwards they won’t involve voting.
We’re sending this information out in advance so that members have a chance to read through the proposed new constitution text, and ask any questions beforehand. So if you do have any questions or concerns, or would like anything explaining or anything, please do get in touch over the next few weeks.
Thank you!
[email protected] 01244 307 499 07984 449 364