The
Saxmundham & District Community Interest Company(SADCIC)
SADCIC
is a social enterprise, formed by volunteers, to address the needs
of the people of Saxmundham and the surrounding area. We are not
directly connected or run by any of our local authorities, although
they did help to set us up. We do, however, work closely with them,
and others, to achieve the economic, social and environmental regeneration
of Saxmundham.
Our
funding does not come from, or affect, local council tax. In the
early stages funding has come from donations and successful bids
to grant-making bodies eg The Lottery.Later funds will come from
commercial trading revenues eg building/office rents arising from
the proposed Community Enterprise Centre.
SADCIC
aims to become commercially sustainable in the long-term and profits
will be ploughed back into the business - cross-subsidising non-commercial
community needs eg youth club, facilities for the disadvantaged.
SADCIC must earn revenues in order to provide free and subsidised
services for disadvantaged members of the community. It cannot operate
unless it generates significant tradiing income...
Welcome
to the The Saxmundham and District Community Interest Company website.
The content of this website will be reviewed and refreshed weekly,
as appropriate.
We
welcome any comments, queries, suggestions or offers of help.
Please
use this link to send
any feedback to us.
The
Saxmundham Community Plan
is
now available to view
on
our 'Reports and Publications' page
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"The
Community Interest Company does what it says on the tin. The concept
is straightforward. It has the interests of its community at heart
and proves this by agreeing to regulatory oversight of the use of
its assets and social purpose and by providing transparency in the
way it operates." Sara Burgess, CIC Regulator
The directors
of The Saxmundham & District Community Interest Company are
proud to have been granted CIC status. It represents a charitable
enterprise with a business model and an inclusive brand.
The
creation of local community development companies is actively encouraged
by the Government and SADCIC was formed with the local support of
Saxmundham Town Council, Suffolk Coastal District Council, the Suffolk
Coastal Local Strategic Partnership, Suffolk County Council and
the Big Lottery Fund.
Other
community development companies have been set up in the rest of
England, including other areas of Suffolk eg Leiston, Framlingham
and Wickham Market.
The
SADCIC social enterprise is a member of the Development Trust Association
and the Social Enterprise Network Suffolk.
Collaboration
and Diversity Statement
In
pursuing its aims to support the well-being of the local community,
The Saxmundham & District Community Interest Company will actively
seek to work in partnership with other public sector, private sector
and third sector organisations.
We are a non-political and non-sectarian organisation run on
democratic principles. We are strong advocates of the concepts of
promoting equality, fairness openness and accountability treating
all people according to their needs. No individual will be unjustifiably
discriminated against.
This website
was last updated on Sunday, June 28th
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