The document discusses social enterprises and their involvement in public service delivery in the UK. It defines social enterprises and outlines some of their main characteristics, including having a primarily social purpose, reinvesting profits back into the business or community, and various legal structures like charities, community interest companies, and cooperatives. It provides examples of different types of social enterprises operating in sectors like health, leisure, and housing and discusses considerations around legal structures, governance, financing, and service delivery models.
9. Differing characteristics - examples Footnotes: 1. Co-ops and companies able to revise asset lock terms in their governing documents 2. Can issue member shares if not a company limited by guarantee Characteristic Charity Co-op CIC Open membership Optional Yes Optional All surpluses retained Yes Optional Optional Asset lock Yes Yes, but 1 Yes Charitable status Yes No No Issue member shares No Yes, if 2 Yes, if 2 Tax advantages Yes Limited No
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Notas do Editor
‘ General charities’ is an NCVO definition which excludes: 1. inactive or duplicates of other organisations 2. faith groups, trade associations, mutuals, housing associations and independent schools. 3. charities that are owned by the government or the NHS.
Table indicates differences as well as grey areas.
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