Co-ops UK update
Co-ops UK have recently added a bunch of new resources to their site to help co-ops and community owned businesses with specific sticking points. Definitely worth taking a look!
The toolkit includes the following guides:
- Society Audit Requirements
- Co-operative Treasurer Role Portrait
- Corporation tax
- Finance checklist
- Mutual trading
- Financial reporting for co-operatives
- Template accounts
- Special case
Again, something that you would hope not to have to deal with, but important to be prepared for should the worst happen – Anthony Collins have written a handy guide to Dealing with the Death of a Member.
Yet another great checklist from Anthony Collins; what to consider when entering into a contract for goods and services.
Lastly, Co-ops UK have produced a guide to ensuring your board is fit for purpose by carrying out a board evaluation.
“An effective board will be diverse and include a balanced mix of skills, knowledge and expertise needed for the size and complexity of the cooperative’s business.”