Community Interest Companies: the risks. A Fact Sheet
We have had enquiries from several Parocial Church Councils (PCCs) recently about Community Interest Companies, known as CICs. Kerrier Deanery, for example, was surprised to be informed by the Diocese that they needed to set one up before their controversial On The Way plan could proceed. Why? They were told that promised funds for new posts from the Church Commissioners would need to be handled by the CIC, not centrally by Church House. This caused great concern at the time and which has continued as the CIC has developed. Here is a Fact Sheet detailing the serious challenges faced by PCCs, and deaneries, forming CICs and becoming employers. Click to read