Published in 2010
Leicestershire AIDS Support Services (LASS) has created its new social enterprise company.
LASS Social Enterprise Ltd was formed on 24th March 2010, company number 7201000. Whilst this was chosen as the legal name for the company, it will commence work under its trading name Well For Living. This is the brand name for its initial business plan.
Formally it is a company limited by guarantee with a board of Directors. The memorandum and articles of association provides an asset lock that means that any assets will be distributed only to the LASS charity. Profits made by the company will be gifted back to the charity rather than to its directors (there are no share holders to issue dividends to.)
The company has a pilot web site Well for Living