How we’re structured
Social enterprises are businesses that plough all of their profits into the community or into creating social or environmental benefit. Social enterprises in Edinburgh sell a huge range of products and services from coffee to jewelry and PC repair to paddle boarding.
We subscribe to the Voluntary Code of Practice for Social Enterprise in Scotland. The support organisations who continue to guide and help us are Edinburgh Social Enterprise, Social Enterprise Scotland, Social Firms Scotland, Senscot and SKS Scotland.
MHScot is a Community Interest Company (CIC), which is one of many types of social enterprise legal structures.
We are a CIC by Shares, with an asset lock and a clause on non-distribution of dividends.
We decided to become a Social Enterprise so that we could re-invest our profits in order to support, help, advise, inform, guide, educate, improve, enlighten, promote, develop and enhance workplace environments.
We trade purely to be financially self-sufficient and sustainable, re-investing all our profits back into our social enterprise.
Our Articles of Association define what we do and how we do it and we have kept this quite broad so we can cater for all the different activities that arise and to give us the ability to diversify.
Our Articles of Association and other important details can be viewed on the Companies House website – just type in the search ‘MHScot Workplace Wellbeing CIC‘.
As a CIC, we prepare a report each financial year and submit it with the accounts. The reports takes into consideration the purposes for which the company is set up, the range of activities it has undertaken to promote these purposes, and the sections of the community which the CIC is intended to benefit.
Here are our CIC reports:
The impact and the difference we make from the work we do is really important in understanding attitude, behaviour change, knowledge and confidence in mental health and wellbeing.