Constitution
Company Name: Debbie Stevens Wellbeing Community Interest Company
1.Name and Object
1.1 The name of the company is Debbie Stevens Wellbeing Community Interest Company (referred to as “the Company”).
1.2 The objectives (“Objects”) of the Company are to carry out activities that benefit the community and, in particular, promote wellbeing through promoting mental health awareness, inclusive wellbeing, inspiring and building resilience for young children, creating healthy workplaces, empowering communities.
1.3 The company shall operate as a Community Interest Company (CIC) in
accordance with the relevant legislation and regulations governing CICs.
2. Powers
2.1 The Company shall have the power to do anything necessary or expedient for the achievement of its Objects.
2.2 The Company may exercise its powers through its directors, officers, employees, or agents as appointed from time to time.
3. Directors
3.1 The Company shall be managed by a board of directors (“the Directors”).
3.2 The Directors shall consist of individuals elected or appointed in accordance with the procedures set out in this constitution.
3.3 The Directors shall have the power to make decisions on behalf of the Company, subject to the provisions of this constitution and any applicable laws or regulations.
3.4 The Directors shall act in the best interests of the Company and in accordance with its Objects.
4. Membership
4.1 The Company may have members (“Members”) who support its Objects and wish to participate in its activities.
4.2 Membership shall be open to individuals and organisations interested in
promoting the wellbeing of the community and who agree to abide by the rules and regulations of the Company.
4.3 The rights and responsibilities of Members shall be determined by the Directors and set out in the Company’s membership policy.
5. Meetings
5.1 The Directors shall meet at least quarterly to conduct the business of the Company.
5.2 Additional meetings may be called at any time by the Chairperson or by any two directors.
5.3 Members’ meetings may be held as determined by the Directors or upon the request of two Members.
6. Financial Matter
6.1 The Company shall maintain proper accounting records and prepare annual financial statements in accordance with applicable laws and regulations.
6.2 The Directors shall appoint an auditor or independent examiner to audit or examine the financial statements of the Company.
6.3 The financial year of the Company shall be from May to April.
7. Amendments to the Constitution
7.1 This constitution may be amended by a resolution passed by a majority, two-thirds majority of the Directors and confirmed by a two-thirds majority of the Members present and voting at a Members’ meeting.
8. Dissolution
81. If it becomes necessary to dissolve the Company, any assets remaining after the satisfaction of all debts and liabilities shall not be distributed among the Members but shall be transferred to another CIC or charity with similar Objects, as determined by theDirectors.
9. Adoption of the Constitution
9.1 This constitution was adopted by the founding Members of the Company on 3rd May 2024
9.2 This constitution shall come into effect immediately upon adoption.