A change up consortium made up of not for profit organisations wishes to set up a new company for charitable purpose, to take over the existing assets of a failing social enterprise and to run the successful business of the consortium on a more formal basis. Should it seek to set up as a company with charitable purposes and limited liability, or as a community interest company or a COI ?

They do not wish to be a charity, as many of the existing consortium members are charities already.

Also, are there standard mem and arts which they can use rather than having to write a new set themselves ?

I know it's been a while, but on the 1st April 2008, (not a joke) Fishersgate Community Association was awarded £650k breaches of contract and £75k for legal fees and the trustees and the FCA have been cleared of all claims against them. We discussed a few issues before, I am in contact with the Charities Commission. About the funding and also what happens to the funds. Also we want information about the new form of charity that they are setting up "CIO".

Adur District Council still hold the Fire Insurance payout, now valued at £185k. On the 11th April ADC sent a letter stating that we are to hand back the lease by the end of May 2008, we still have 70 years of the lease to run. The Award is now available via our website, and you will note that para 13 "ADC signed the agreement with the builder" .

We are not giving up yet on the community. Para 7 of the judgement needs to be noted to all about being a trustee.

Please can you give us an update on where we are currently with Charitable Incorporated Organisation status. We have a couple of groups waiting further information on this and how we register groups who are already charities and wish to incorporate via this route? Many thanks

I am on the board of an arts organisation and we are about to embark on major review of our mem and arts. Have heard about the new CIOs and wonder if we should wait and consider adopting this new structure. We want to know if you can transfer to CIO from Company Limited by Guarantee?

Just wondering if there is any news about when when charities can incorporate with Charities Commission to become a charitable company.