What is a CIC? | Tynedale Virtual College | Board of Directors


Community Interest CompanyWhat is a CIC? “Community Interest Companies (CICS) are limited companies, with special additional features, created for the use of people who want to conduct a business or other activity for community benefit, and not purely for private advantage. This is achieved by a "community interest test" and "asset lock", which ensure that the CIC is established for community purposes and the assets and profits are dedicated to these purposes. Registration of a company as a CIC has to be approved by the Regulator who also has a continuing monitoring and enforcement role” Source: Regulator of Community Interest Companies

 

Tynedale Virtual College CIC

Tynedale Virtual College CIC was incorporated in March 2009 with the objective “to advance the development, provision and delivery of education, training and support which meets the lifelong learning needs of all sections of the community”. The Company has no shareholders and no dividend is paid. Any profit generated is used solely to advance the Company’s objectives.

 

Board of Directors

Tynedale Virtual College CIC draws its directors primarily from the governing bodies of the partnership institutions. All of the Directors act in a voluntary capacity and no remuneration is paid. Our current Board of Directors is:
Bob Bedson (Governor, Northumberland College)
Richard Boyes (Governor, Ponteland High School)
Ed Brown (Governor, Haydon Bridge High School)
Terry Harrington (ex-Principal, Dilston College)
Christine Kerr (Governor, Prudhoe High School)
Francis Robson (Governor, Hexham Priory School)
Adrian Woolley (Governor, Queen Elizabeth High School, Hexham)
Ian Young [Chair] (Managing Director, TDR Training)

last updated: August 2010

Tynedale Virtual College Community Interest Company
Company Number 06864321