C.I.C and C.A.S.C

C.I.C and C.A.S.C

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Hi Im hoping Someone can help 

I have my first  community Interest company on board which i am fine doing the yr end accounts and filing etc,

However they are in the process of applying for C.A.S.C aswell, from what i understand they are applying this for the junior members and to be able to claim rate relief and additional funding. Gift Aid etc 

How would the accounts be done for both of them 

would they both be done as 2 separate entities ? or just the same as the CIC but with income/ Funding  etc from the CASC down as a separate sub heading ?

I know many sports clubs are already running like this i just haven't experienced it myself.

any pointers in the right direction would be most grateful.

Many Thanks

Jaskhan

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By nmprobinson
31st Oct 2017 13:40

Hi Jaskhan. We have just taken on a similar client. Did you get any answers for this?

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