OSCR Social Enterprise Guidance
Scotland’s Charity Regulator, OSCR, has published new guidance for Social Enterprises thinking about becoming a charity in Scotland.
The Social Enterprise in Scotland Census 2015 found that there are around 3,500 Social Enterprises registered as charities in Scotland.
The new guidance, set out in the form of FAQs, addresses some of the questions applicants have about becoming a charity, as well as some of the issues OSCR frequently sees in applications from Social Enterprises.
- Read the web version http://www.oscr.org.uk/charities/guidance/social-enterprise-faqs
- Download the PDF
- If you’re thinking about setting up a social enterprise, your local Third Sector Interface (TSI) can help
What is Social Enterprise?
Social Enterprise Scotland helps to define Social Enterprise as..
"… trade[ing] in all markets, selling goods and services to individual consumers, local authorities, government and private businesses. Social enterprises aim to make a profit just like any private sector business. However, all profits or surpluses are always reinvested back into their social and environmental purposes. Social enterprises have an "asset lock" on all their buildings, land and other assets. Without making a profit, social enterprises can't meet their social and environmental mission; they must be sustainable. The term "social enterprise" shouldn't be confused with private businesses that simply operate in an ethical way, charities that don't do business (or trade very little) or public sector arms-length companies (ALEOs), though some of these may be on a journey as "emerging" social enterprises
You can get The Voluntary Code of Practice for Social Enterprise in Scotland from www.se-code.net/
Where can you support as a Social Enterprise in Scotland