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