BCIC is responsible for the management of wind farm benefit funds and the related community projects for Barrhill. Our remit is to deliver best value and to manage these funds in the best interests of the community.
Six months ago we engaged the support of Creetown Initiative, an experienced Social Enterprise, who have been guiding and helping us to get projects off the ground. They have advised that as a Community Interest Company we do not have charitable status, which means that we miss out on things like rates exemption and reduced water rates (this is particularly relevant to the Memorial Hall). It also means that we can't apply to a number of funders who will only work with groups with charitable status.
In order to maintain the winter fuel payments (which is not regarded by the charity regulator as charitable) we have to retain the Community Interest Company. However we can create a separate charity to take forward other projects, so this is what we intend to do.
In summary, the BCIC will solely manage the winter fuel payments and the new charity, which will be called Barrhill Development Trust, will manage everything else.
The draft constitution for the new charity, which will be a “Scottish Charitable Incorporated Organisation” (SCIO), is available for members to see. It is available to download here. Or, please . Alternatively there are paper copies in the village shop.
The BCIC AGM will be held in the Memorial Hall on Wednesday 10th October at 7.00pm.
All residents are welcome.