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.

"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 volunteer directors of The Saxmundham & District Community Interest Company, who are all passionate local residents, 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 Social Enterprise Network Suffolk (SENS), the Development Trust Association (DTA) and the CIC Association.

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, March 7th, 2010