Roll for the Soul is the trading name of Bristol Bike Cafe Community Interest Company (registered in England number 08205951).
A Community Interest Company (or CIC) is a not-for-profit limited company. It pays the same taxes and is subject to the same laws as standard limited companies, but is different in two important ways.
- Nobody owns a CIC. Nobody can sell it, or take money out of it for their own use.
- If the company is wound up, its assets or the proceeds from their sale must be given to another named CIC or charity. They must stay in the non-profit sector. In the event of our sad demise, The Bristol Bike Project would receive our remaining assets.
As a CIC, we sell products and services so that we can pay our bills. We’re not grant-funded and we’re not a charity. Everyone who works at RftS is paid a living wage. But beyond reinvesting in the business and planning for rainy days, we don’t have to consider profit in our decision making.
Social Enterprise UK, the national regulatory body, says that a social enterprise meets the following criteria.
- Have a clear social and/or environmental mission set out in their governing documents
- Generate the majority of their income through trade
- Reinvest the majority of their profits
- Be autonomous of state
- Be majority controlled in the interests of the social mission
- Be accountable and transparent
So Roll for the Soul is a social enterprise, like every other CIC (although other types of organisation, including standard limited companies and co-operatives, can be social enterprises too).
What do we do?
These are our social aims.
- Help more people enjoy the benefits of cycling
- Provide a home for Bristol’s cycling community, celebrating our cycling culture
- Offer a friendly, welcoming and fun environment for all, making cycling normal
- Support cycling social enterprises through whatever means, including financially
- Pay a living wage in an excellent working environment
- Contribute positively to our community and our city
That last one is a bit of a catch-all, because although we really believe that bikes make the world better, there’s more to being a good business than that. We try to act on our values, whether that means looking out for rough sleepers outside the shop, running a suspended coffee scheme, or choosing not to work with companies whose employment terms aren’t good enough. Small things, but that’s how you change the world. Slowly and locally.