[cma-l] Charitable Status

[Ian Hickling]

As I have said many times - the obvious solution is to run three businesses concurrently:
 
1 - The Community Radio station as a CIC which does not return a profit.
2 - A Charitable arm which can accept charitable donations which does not retrun a profit and feeds the station.
3 - A commercial limited company which can return a profit from a wide range of activities, is VAT-registered and feeds the station.
 
It's sensible business practice - not rocket science.
 
To lose that much VAT by default is just plain stupid - sorry!
 


From: office at ccr-fm.co.uk
To: info at a-bc.co.uk; cma-l at commedia.org.uk
Date: Sat, 5 Feb 2011 14:34:48 +0000
Subject: Re: [cma-l] charity status










Glyn n’ all
 
Thanks Glyn …………. As I said …. It looks like everyone is fumbling around in the dark. Either we can as a fraturnity / brotherhood or we can’t …….. which is it …. ??  I dunno’?
 
Regards
 
Nick
 




From: glyn.m.roylance at googlemail.com [mailto:glyn.m.roylance at googlemail.com] On Behalf Of Associated Broadcast Consultants
Sent: 04 February 2011 22:59
To: Office - ccr-fm
Cc: CMA-L
Subject: Re: [cma-l] charity status
 
Yes we had the same experience.  Essentially we discovered that a community radio station could not be a charity unless it fulfilled one of a number of narrow categories .  ie: if we decided to be a religious radio station then bingo, but we did not want to go that way.

 

Instead we went down the CIC route.  It was "sold" to us as being equivalent to being a charity, but from a recent approach from Inland Revenue I think it might have some drawbacks compared to being a charity (they seem to treat us like any other ommercial Ltd company) - but I'm not an expert.

 

Glyn Roylance

GLOSS FM.org

 

On 4 February 2011 18:16, Office - ccr-fm <office at ccr-fm.co.uk> wrote:


Dear All
 
Just a quick enquiry ………………. Does anyone know how many Community Radio Stations in our fraturnity/brotherhood are actually charities ??     I know that we looked into it 7 years ago but the process was a complete nightmare. Also, in 2004 I clearly remember that the Charities commision simply had NO category for radio ….. it was almost as if they didn’t understand it >?>?                              I think the key to it and the crux of the matter was that we were technically ‘’all over the place’’ in what we were providing ……… in otherwords, providing a lot, but nothing specific !                            almost          ‘’a jack of all trades but master of none’’
 
Have any of you guys had a similar experience ?                       I seem to recall that there is a station on the south coast as a charity ??              plus         Regen (near to us) in South Manchester who do run Wythenshawe FM and ALL FM ……………… outside of that, I’m a bit clueless to be honest ……. Any ideas ?
 
What about Sheffield and of course the CMA ?
 
Many thanks
 
Regards
 
Nick

_______________________________________________

cma-l mailing list - cma-l at commedia.org.uk

Community Media Association - http://www.commedia.org.uk
Twitter: http://twitter.com/community_media
Facebook Fans: http://bit.ly/cog8n5
Canstream Internet Radio: http://www.canstream.co.uk/
_______________________________________________

To unsubscribe or manage your CMA-L mailing list subscription please visit:
http://mailman.commedia.org.uk/mailman/listinfo/cma-l


-- 
GLOSS FM now broadcasting on 87.7FM across South Gloucestershire
http://www.glossfm.org.
Why not download the GLOSS FM browser toolbar for easy access to radio player, local information and more!
http://GLOSSFM.Toolbar.fm/
_______________________________________________ cma-l mailing list - cma-l at commedia.org.uk Community Media Association - http://www.commedia.org.uk Twitter: http://twitter.com/community_media Facebook Fans: http://bit.ly/cog8n5 Canstream Internet Radio: http://www.canstream.co.uk/ _______________________________________________ To unsubscribe or manage your CMA-L mailing list subscription please visit: http://mailman.commedia.org.uk/mailman/listinfo/cma-l 		 	   		  
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://mailman.commedia.org.uk/pipermail/cma-l/attachments/20110205/7df29094/attachment.html>