Hi all! I am in the process of creating a community interest company but there are things I would like to do in the future which I am worried will be limited due to it being a CIC. So I wanted to seek some advice on what kind of a company I should be opening.

Everything will be charity driven. As for the next 6 months I will be fundraising in a CIC compliant way but as the community grows I wish to add new revenues of money to the company so that it is sustainable to run. With a percentage always being donated to the cause I will be fundraising for. But the percentage within the other streams of income will not be CIC compliant. (e.g Fundraiser and shop sales 70% charity, 30% funding creatives and the other sister avenue would be 70% artists 30% for charity).

I am wondering if opening two companies that are connected will be best although I am aware this will cost more money (which as a fundraiser we are trying to avoid). Or perhaps an CIC is not the best idea and instead one private limited company for both would be best or maybe there is something else.

Does anyone have experience with anything similar or any advice?