A Community Interest Company is a type of limited company that exists to benefit the community rather than private shareholders.
The Recreation Association’s pavilion will be retained for ventures that will contribute towards the CIC's future running costs. “It is also envisaged that joining together will help reduce administrative problems, avoid previous duplication of effort, and bring down costs.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: