Is incorporating as a legal entity right for your Big Local area?
This one-off workshop will help you decide if it’s appropriate for your area, and learn what you need to know before you start.
We know that many Big Local areas are thinking about their vision up to 2026 and what their legacy will look like. Although this can take many forms, some partnerships are considering establishing a new organisation to take on the work of the Big Local into the future.
But this is a big step, and although it has many benefits for your partnership, there are important
things to be aware of and make sure everyone understands such as the legal responsibilities that come with it. Is a new organisation, with the requirements for administration and funding, necessarily right for your Big Local area? Are there alternatives you could consider? What needs to inform your decision making and what are the next steps if you decide to go ahead?
This workshop is for Big Local partnerships that:
- Are thinking about setting up an organisation to manage some/all of the delivery of Big Local, or to continue their work beyond 2026;
- Want to take more responsibility to manage their funding;
- May have carried out some feasibility work but are still exploring their options;
- Have many questions about how incorporation of a new organisation could benefit their
community but aren’t sure how to answer them; or
- Want to learn from the experiences of other Big Local areas in establishing new organisations.
In the morning you will hear from a legal expert on what the pros and cons of incorporation are, and the responsibilities that come with it. We’ll also discuss what applying for charitable status means for your new organisation, and what else you need to consider if you decide the organisation should or shouldn’t be a charity. There will be Big Locals in the room who have already done this, to share their experience and what they wished they knew beforehand!
The afternoon will help your Big Local to move your own ideas forward. It will help you to understand what support is available, and what the next steps should be if you decide that incorporation is right for your partnership. We won’t be going into detail about what the different forms of incorporation are or how to apply for them, because this is something you will need to get specialist and tailored advice on once your partnership decide they want to incorporate – though we will give a brief overview and information for your to take away.
|10:00am||Introductions and plan for the day.|
|10:15am||Let’s look at the terminology. What is – and isn’t – “incorporation”? How is that different from “charitable status”?|
|10:45am||Incorporation: the benefits and drawbacks, as well as the legal responsibilities of those involved.|
|11:45am||Charitable status: the benefits, drawbacks and things to be aware of.|
|1:30pm||Hear from a Big Local partnership who has been there|
|2:00pm||What should be the first things to consider when making your decision?|
|3:15pm||Sources of support to take this forward.|
|3:45pm||Wrap up and reflections.|
About this event
This event is open to anyone living or working in a Big Local area. Up to two spaces are available to each Big Local area and preference will be given to those Big Locals who have not incorporated already and are considering it with their partnership. If you have any questions please email us firstname.lastname@example.org or phone to 020 3588 0565
Friends House is across the road from Euston station, and a short walk from St Pancras and Kings Cross stations. If you are coming by tube, the nearest stations are Euston (Northern and Victoria lines) and Euston Square (Circle, Metropolitan and Hammersmith & City lines). If you are travelling by bus, Euston Station is served by many bus lines, you can find out more at www.tfl.gov.uk
Does it cost anything to join?
The programme is open to anyone working on Big Local, and free to attend. Costs associated with attending (e.g. travel, accommodation, childcare) will be covered by Local Trust if you are a resident. If you are a Big Local worker we ask that your employer covers your costs, but if this is not possible please get in contact to discuss with us
About Learning and Networking with Big Local
Learning and Networking with Big Local aims to foster skills, enthusiasm and connections. Open to all Big Local areas, we invite you to take part and share your ideas.