About Us
Coigach Community Development Company Ltd is a company incorporated under the Companies Act 2006 and a Charity registered in Scotland. Its articles of association are available here.
Set up in 2010 following a meeting hosted by Coigach Community Council, CCDC has a mandate to build affordable housing and has two trading subsidiaries to raise the capital to achieve this.
Coigach Community C.I.C owns and operates a 500kW refurbished Vestas V47 turbine that began production in 2017 and is anticipated to continue production until 2037.
CCDC Trading Ltd owns a share of the Ben Mor Hydroscheme. Both companies donate their profits to the Charity as gift aid. The full corporate structure is available here.
The Charity invests the gift aid into projects such as the current development of 10 affordable homes at the Achagarry site, due to complete in 2026 and the management of the 8000 acre Badentarbet crofting estate.
This year, CCDC has been consulting Coigach residents regarding their investment priorities beyond housing development and has aligned its work into three strategic objectives:
The operational team of 3 full time equivalent employees (7 individuals) carries out the work within these objectives to achieve the vision that Coigach will be a thriving community where the school roll is rising and we are building a more diverse, more sustainable economy.
The ops team supports the Board of Directors through its six working groups including a Finance group which is led by the Finance Director.
The company uses Quickbooks to maintain its accounting records and these are managed on a day to day basis by the Finance Officer
As a group, Coigach Community Development Company, Coigach C.I.C and Coigach Trading have a turnover of over £500k per annum. This means that accounts are audited annually. CCDC group Directors are all volunteers who take their responsibilities seriously, making a big difference to the community.
Although all Directors carry equal financial responsibility, the Finance Director supports decision making through the production of management accounts and working with the auditors. The Finance Director is in turn supported by the Finance Officer who carries out bank reconciliations.