Knowledge Support Learning CIC
Memorandum of Association (Company No. 06454793)

KSL’s Articles of Association Require:

• Serving the interests of our community to be our overiding business objective
• Profits to be used for reinvestment, rewarding contributions and reasonable returns
• Asset transfers to be restricted (asset-locked)

Social Enterprise Defined:

“A social enterprise is a business with primarily social objectives whose surpluses are principally reinvested for that purpose in the business or in the community, rather than being driven by the need to maximise profit for shareholders and owners.” Department for Business, Innovation & Skills