1. Legally bound to benefit the community
A CIC is not a private business—it is a legally regulated structure that exists solely to serve the public good. Everything it does must benefit the community, not shareholders or private owners.
2. Profits go back into Arbroath—not into pockets
Unlike private companies, a CIC must reinvest 100% of its surplus into services, activities, and improvements for the local people. This means any income generated stays local—to grow wellbeing, not wealth.
3. Protects the building for future generations
As a CIC, the old Arbroath Community Centre remains a community-owned asset, not a tradable business. This safeguards it from being sold off or repurposed—it stays ours, for good.
4. Builds trust through transparency
CICs must submit annual reports to an official regulator showing how they’ve served the community. This ensures accountability and openness—residents can see where every pound and effort goes.
5. Creates local jobs, volunteering and training
By running activities like the café, room hire, and wellbeing programmes, the hub creates opportunities for local employment, volunteering, and skill-building, especially for young people and those facing challenges.
6. Empowers the people of Arbroath
A CIC can include community members in its leadership, decision-making and strategy, meaning you help shape its direction. It’s not something done to the community—it’s done with and by the community.