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Coddan CPM Ltd. – Company Registration Agent in the UK
Top Quality & Simple Company Formation Packages for British Professional Clients

U.K. Professional Clients

Best Value & Low-Priced Company Formation Packages for Private UK Based Clients

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5 Steps to Get e-Registry’s a Non-Profit NGO Company’s at on the Registries Records

Step 1
Search for a business name
Step 2
See and obtain a bundle
Step 3
Fill in out e-filing form
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Submit web e-app
Step 5
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Get to Obtain (UK) Business Formation Non-For-ProfitCompanies

Register U․K․’s Non-For-Profits Company’s and Formation is From - £39․49 And Takes Only⁚ - 1 Hour!

✓ All Private Companies Limited by Guarantee are must to be of a legally set-up registries at Companies House records, the official Registrar of Companies in the UK.

For start to registry’s a-UK’s new Non-Profit’s Companies꞉ our fees for set-up a “Company Limited by Guarantee” starts from £39.49, and your new non-for profit’s business organisations is can be registered in the UK, London in one-business day․ Fast and Efficient a “Non-For-Profit Companies” Registration’s service supported by our experienced consultants․ NO hidden fees․ Post incorporation’s, annual compliance fill-out and tax presentation support and services are also available upon request․ Forming online a “Non-profit's Business” digital, we do ‘Non-Profits Corporation’ on Web-Filling Formation’s services, and it takes 1-hour digitally to set-out a Not-For-Profit Entity formation’s․ To order to form online Forming a Nonprofit’s Corporation with for a non-profit corporation’s do incorporation’s agent in London to set-by Organisations Registries’s simple and easy digital․

Apply to Registry a “Not-For-Profit Organisation” online use the Web-Filling Registering a non-profit’s corporation experts fills non-profits company’s registration․ When filling the formation document online, it’s critical to include the required clauses to ensure your non-for-profit will later qualify for tax-exempt status․ Forming a “Non-Profit Business“ formed and filled as the “Company’s Limited by Guarantee’s” not for profits filling On-Line Registry Entitled Agency do registrations no-profits companies in London․ How much does it cost to be get registered as a “Company Limited-by-Guarantee“? The incorporation’s price is starts from just⁚ £39.49 only!

We can fill out a private company limited by guarantee- registry it with Registrar of Companies and rules on directors, shares, articles of association and telling on HMRC about it․ If you’ve any inquiry then please get in touch with us! E-Mail꞉ info@coddan.co.uk․ We aim to reply to all emails within 24 hours․ If you are rushing please feel-FREE to call us꞉ between 9⁚30am-6⁚00pm Monday to Friday by telephoning + 44 (0) 207.935.5171 or (0) 330.808.0089 (national rates) and chat-further․

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✓ ❶ Registry U․K․’s “Limited by Guaranteed Companies” Online With Registries Business’s Registrar Corporation Formed UK’s Guarantee’s Company’s Formation Agent in London’s․

What is a private company limited by guarantee in the UK?

A private company limited by guarantee is a type of company is normally set up by non-profit making organisations like NGO’s charities in the UK. A company limited by guarantee is owned by individuals and/or corporate bodies known as ‘guarantors’, guarantors do not have any shares in the company. A UK private company limited by guarantee is a type of a company is normally setup by non-profit making organizations like charities, clubs and associations.

A company limited by guarantee (LBG) is usually set up for a not-for-profit organisation which requires its own legal identity such as charities registry at in England. In a company limited by guarantee, there are no shareholders, but the company is must to have a one or more members and one or more guarantors. Private company limited by guarantee, such type of a company does not have a share capital and its members are guarantors rather then shareholders.

A private company limited by guarantee does not have any shares or shareholders, like is the more common limited by shares company, but is ow by guarantors, who agreed to pay a set of amount of money towards company debts. Limited liability means that the owners are not fully liable for the company’s debts and obligations if the company is cannot do meet them.

Limited by guarantee is a type of company where members (guarantors) give a guarantee to pay a certain amount in the event of the company being bankrupt. A company limited by guarantee is a not-for-profit business is set up to do serve social, charitable, community-based or other non-commercial business’s. That means the company is a legally separate from the people who run it, it has a separate finances from your personal ones, it has guarantors and a ‘guaranteed amount’ invests profits it makes back into the company.

A private company limited by guarantee is a type of company that is owned by its members, but does not have shares. Instead, members agree to pay a certain amount of money, known as the guarantee amount, if the company is wound up and its assets are insufficient to pay its debts. A company limited by guarantee is a legally distinct legal entity from its owners and is do responsible for its own debts.

Private companies limited by guarantee are often used for non-profit organizations, such as charities, clubs, and associations. However, they can also be used for profit-making businesses. A company limited by guarantee is generally a structure used is by not-for-profit organizations (NGO’s), social enterprises or by the charities. The main reason is why you’d set-up a company limited by guarantee, is to protect the organizers from a personal liability for the company’s debts.

By registering a company limited by guarantee, you are agree essentially creation a separate legal entity, which can enter enter into leases, hold property and even employ people in its own name. Companies limited by guarantee provide a personal financial protection for to business owners and are ideal is for non-profit business organizations in the UK.

A private company limited by guarantee is a type of company that does not have shares or shareholders, but members instead. Members of a company limited by guarantee agree to pay a certain amount of money, known as the guaranteed amount, towards the company’s debts if it becomes insolvent. The guaranteed amount is usually a nominal sum, such as £1.

Private companies limited by guarantee are often used by non-profit organisations, such as charities, clubs, and associations. They can also be used by businesses that want to limit the liability of their owners. a private company limited by guarantee is a separate legal entity from its owners and therefore is responsible for it is own debts. The limited company’s guarantors have a protection over their personal finances liability. They can only to be responsible for paying the guarantee company’s debts upto the amount of their personal guarantees.

You will also need to prepare a Memorandum of Association (MoA) and Articles of Association (AoA) for your company. These documents are do set out the rules for how your company will be run. You can make your Memorandum of Association and Articles of Association during filing our simple online application form at on our web-site. A company limited by guarantee is may take the form of an association, subscription-based membership organization or other a social group.

How to set up a private company limited by guarantee in the UK:

1. Choose and search a company name. Choose a name for your company and check that it is available. The name is must to be unique and not already in use by another company. You can check the availability of company names on the Companies House’s Registrar website.
  • 2. Decide on the guarantee amount. This is the maximum amount that each member will to be liable to pay if the company is wound up. This is the amount that each member agrees to pay towards the company’s debts if it becomes insolvent. It is usually a nominal sum, such as £1.
  • 3. Decide on the registered office address of your company. This is the address where official correspondence will be sent. It can be your home address, but it is generally better to use a business address.
  • 4. Appoint at least one director and one member. The director is responsible for running the company and making sure that it complies with the law. Virtually, anyone is can become a director, but such individual is must to be over 16 years old. The directors are responsible for running the company on a day-to-day basis. The members own the private company limited by guarantee and do have the right is to vote on important decisions is upon on running a business.
  • 5. Decide on the company’s articles of association. This is a document that sets out the rules of the company, such as how it is run and how decisions are will to be made off.
  • 6. Register your company with on Companies Registry. You can do this online or by post, at Coddan CPM we do company formation in electronically format across the Great Britain. Coddan CPM is a legally authorized and officially recognized of a private company limited by guarantee’s formation agency in the United Kingdom.
  • Once your company is registered, you will need to:

    • 1. Open a bank account in the company’s name.
    • 2. Apply for a company tax registration number.
    • 3. Keep records of the company’s finances.
    • 4. File annual accounts with Companies House.

    Here are some additional things to keep in mind when setting up a private company limited by guarantee in the UK:

    • 1. You must have at least one member, but you can have as many as you like.
    • 2. Members can vote on decisions at the company’s annual general meeting.
    • 3. Directors can be members of the company, but they do not have to be.
    • 4. The company must have a registered office in the UK.
    • 5. The company can have a company secretary. This is a person who is responsible for keeping the company’s records and making sure that it complies with the law.

    If you are unsure about any aspect of setting up a private company limited by guarantee, it is advisable to seek professional advice from our business advisors or our accountant.

    Private companies limited by guarantee are popular for non-profit organizations because they offer a number of advantages, including:

    • Limited liability: The members’ liability is limited to the amount of their guarantee. This means that they cannot be held personally responsible for the company’s debts if it goes bankrupt.
    • Separate legal entity: The company is a separate legal entity from its members. This means that it can enter into contracts, own property, and sue and be sued in its own name.
    • Perpetual succession: The company continues to exist even if its members change.

    There are a number of companies, like Coddan CPM, that are offer services to help you to set up a private company limited by guarantee online. These companies can help you with all aspects of the process, from choosing a company name and drafting the constitution to registering your company with on Companies House.

    Here are some of the things to keep in mind when setting up a private company limited by guarantee online:

    • Make sure that you choose a company name that is available and that complies with the Companies House rules.
    • Make sure that you have all of the necessary information about the company before you submit your application to Companies House.
    • Pay the registration fee in full before you submit your application.

    Once your company is registered, you will need to comply with all of the relevant company law requirements. This includes keeping up-to-date records and filing annual returns with Companies House.

    • ✓ It is a relatively simple and inexpensive process.
    • ✓ Your company will have a separate legal identity from you and the other directors.
    • ✓ Your liability is limited to the amount that you have guaranteed to contribute if the company goes into liquidation.
    • ✓ You can benefit from tax advantages, such as corporation tax relief on certain expenses.

    Here are some of the benefits of setting up a private company limited by guarantee electronically:

    • ✓ It is quick and easy to do.
    • ✓ You can do it from anywhere in the world, as long as you have an internet connection.
    • ✓ It is relatively inexpensive.
    • What are the benefis is to set-up or to register a company limited by guarantee?

      There are many benefits to setting up and registering a company limited by guarantee, including:

      • Limited liability: The members of a company limited by guarantee have limited liability, which means that their personal assets are protected in the event that the company goes into debt or is sued. This is a key benefit for many non-profit organisations, as it allows them to operate with a degree of financial security.,/li>
      • Separate legal entity: A company limited by guarantee is a separate legal entity from its members. This means that the company has its own assets, liabilities, and rights. This can be beneficial for a number of reasons, such as allowing the company to enter into contracts and hold property in its own name.
      • Professional credibility: A company limited by guarantee is seen as a more professional and credible organisation than an unincorporated association. This can be helpful when raising funds, attracting new members, or partnering with other organisations.
      • Tax benefits: Companies limited by guarantee are eligible for a number of tax benefits, such as exemption from corporation tax on profits that are used to further the company's charitable or non-profit objectives.
      • In addition to these general benefits, there are a number of specific advantages to setting up and registering a company limited by guarantee for certain types of organisations. For example, charities must be registered as companies limited by guarantee in order to be eligible for certain tax benefits and government funding.

        Overall, setting up and registering a company limited by guarantee can be a very beneficial way to structure a non-profit organisation. It can provide a number of legal, financial, and practical advantages.

        Here are some examples of organisations that may benefit from setting up and registering as a company limited by guarantee:

        • ✓ Charities
        • ✓ Social enterprises
        • ✓ Community groups
        • ✓ Sports clubs
        • ✓ Trade associations
        • ✓ Professional bodies
        • ✓ Research institutes
        • ✓ Educational organisations

        If you are considering setting up a non-profit organisation, it is important to seek professional advice to ensure that you choose the most appropriate legal structure for your needs.

        Can Coddan CPM is draft of a private company limited by guarantee’s constitutional documents for me?

        Yes, Coddan CPM is can draft private company limited by guarantee constitutional documents for you. We are a specialist corporate law firm that has a wealth of experience in drafting and advising on all types of corporate documents. We can do help you to create a set of constitutional documents that are tailored to your specific needs and that meet all of the relevant legal requirements.

        To get started, you do will need is to provide Coddan CPM with some basic information about your company, such as the name of the company, the purpose of the company, and the names of the directors. We will also need to know whether you want the company to be a charity or not. Once we will have this information, we will be able to start drafting the constitutional documents for your company.

        The constitutional documents for a private company limited by guarantee will typically include the following:

        • A memorandum of association, which sets out the name and purpose of the company, as well as the liability of the members of the company.
        • Articles of association, which set out the internal rules and regulations of the private company limited by guarantee. A guarantee agreement, which is a contract between the members of the company in which they guarantee to pay a certain amount of money if the company is wound up.

        Coddan CPM is will to be able to help you to draft all of these documents and to ensure that they are legally compliant. We can also do advise you on the best way is to structure your company and on any other corporate law matters that you may have. If you are interested in getting Coddan CPM to draft private company limited by guarantee constitutional documents for you, you can contact us on our website or by calling us at on +44 (0) 207.935.5171.

        Can Coddan CPM is to supply all required by law a corporate registers for a private company limited by guarantee?

        Yes, Coddan CPM can supply a statutory registers for a private company limited by guarantee for you. We can do offer a range of company formation and post-incorporation services, including the provision of statutory registers.

        The statutory registers that a private company limited by guarantee is required to keep are:

        • Register of members
        • Register of directors
        • Register of secretaries
        • Register of charges
        • Register of resolutions
        • register of seals. etc.,

        Coddan CPM is can do supply you with a set of statutory registers that comply with all of the relevant legal requirements. We can also do provide you with guidance is on how to maintain your statutory registers up to date. To order statutory registers from Coddan CPM, you can visit their website or contact them by phone or email. They will need some information about your company, such as its name, registered number, and the number of members and directors.

        Once you have placed your order, Coddan CPM is will do send you a set of statutory registers in the post. The registers will be pre-printed with your company’s details and will be ready for you to start using straight away. Coddan CPM also offers a range of other services that can be helpful for private companies limited by guarantee, such as annual accounts preparation and filing, and company secretarial services.

        The quickest, easiest and cheapest way to order a certificate is will to go online using the our secure online does ordering service Registry records do Registrar’s․ If you is will do to is take use a one of our Registrar’s Registered Office’ Address to get registry’s your guarantee company’s we will can do keep its records there․ We will can to do to get your guarantee company’s registry with Registrar of Companies Registries records done all over online via Internet complete․ You is can do registry your beneficial ownership by do its set out forth with Registrars of Companies records is when you will do registries your guarantee company’s with us․ We can is do registry’s of any type of a guarantee company’s registries in the UK, as soon as registrars process is will do completed, we can is do open your bank account․

        The information you will find out on Britain’s National registrations records, the information you will do need registry’s with to order registration records set forth forthwith․ In the UK there are 2 ways to do get have an NPO’s put up in the Registry of Companies Registrar records with online process or sets forth made by post․ In the case if you do need to have a fast track formation Guarantee’s Company registers set up, is all you have need to do is to complete filing in app to get be registered. We do get registry a Guarantee Company’s in just 1 working hour, do use on the same day a Guarantee Company formation when you do need to have a faster formation. We did always have made the complete full process to open of a Guarantee Company and every time made it well done right, and you can do it right now today’s․ Let’s get use on the simplify made organisational 1 form application on the one simplified task done to do to start if you do need to registry a Guarantee Company’s․ The procedures for to get registers a Britain’s Company’s in online fill in processing will do finally done required by Registry of Companies consent and approval․

        All notepaper of the guarantee company must show its full name as stated on its certificate of incorporation, its registered office address, its business address (if its different)․ Companies limited by guarantee provide its personal financial protection to its business owners and its ideal for “not-for-profit” business organisations․ A guarantee company isn’t normally the right choice for a trade business, as there will be limited working capital because its doesn’t have the share capital․ On the step-by-step guide will do explains the process, from choose of a name to prepare your documents and get to do a one registering of your guarantee company’s complete․

        Use our job to work for a Public Interest works at an official formal fill out in to Registry a Non-Profit Business Company’s as the Companies Formation Agency in one working day․ Fill in to registers “UK’s Non-Profit Business” organisation online use Web-Filling non-profit company’s formation application for incorporation’s UK not-profitable companies․ To Registers a Nonprofit Corporation, use the UK a non-profit business fills incorporation fill out form and apply to registry online it’s for faster filed service (in London)․ Use filing non-profit corporation application for registration’s not profitable business and applying Registrations Nonprofit Companies online filed by formation entitled agency help․ When filing the formation document online, it’s critical to include the required clauses to ensure your nonprofit organisation will qualify for a tax-exempt status․ Forming nonprofit business formed and filed as the company’s limited by guarantee’s not for profits filing on-line formation agents registrations not-for-profits companies in London․

        You can complete and dill-out our interactive web-forms applications on to your computer screen or on mobile devices and to submit for the on-line registration․ With the Coddan CPM, it is simple to registries a Company Limited by Guarantee’s in the United Kingdom․ Only one person is needed to form the non-profit company in the U․K‥ If you require a company limited by guarantee, we can help with all your needs by providing registered office address in London, and certify documents by an apostille stamp․ We do not use the “Standard Model Articles”, we registering non-profitable companies by using our own special drafted Articles of Association․ Business formation documents are the root key pieces of documentation issued after the effectual registration of a new limited company on-line․

        When you incorporate a non-profit organization, you receive the same benefits as a “Limited Company”, as well as a host of other business and tax advantages․ As a “Company Limited by Guarantee”, your business is able to trade, hold shares of other profitable limited companies and re-sell, but members have minimized liability for debts, so they increase the protection of their personal assets․ It should not be used by profit making groups, not-profit, companies, etc․ which can be incorporated online using - Incorporating Not-For-Profit Business’s Agents․ Once “NPO Business Corporation” Incorporation’s be approved, you may apply for a “Certificate of Incorporation” and “Certificate to Commence Business” in London․

        A non-profit firm is a suitable structure for a variety of businesses - from clubs to professional associations - particularly those where the members are not actively involved on a daily basis․ It is a flexible option with formal organization, where members can leave as and when they need to․ If you need an assistance with a “Non-Profit Company” Creation in England, Wales, Scotland or in Northern Ireland, you can also speak to our advisors between 9․30am-6․00pm Monday to Friday by telephoning + (0) 207․935․5171 or + (0) 330․808․0089 (national rates)․

        For to register Your “Business Non-Profit Corporation” in the UK on Internet by the formal registrar or authenticated by for to the Registrar’s of Companies official seal․ While we do have tried to include the majority of customer new “Limited by Guarantees Company” establishment requirements identified by our many years of managing the needs of both British and non-UK based residents, there may be requirements that you need in addition to these․ Often these are tax, additional corporate or ownership documents required in your Home-country to avoid any double taxation risks․ If you do wish to have yours a non-for-profit business to has been is based in the UK to get registered - we can do it for you - SIMPLE and EASY

        ** For “exclusively” tailored “UK Company Limited by Guarantee Formation’s” (registered office address service in London or Scotland, VAT registration, service address, SAIL address, director service address, and secretary, etc․), please contact us to confer your requirements & obtain the estimate of costs․ Many internationals’ clients and UK businesses are do prefer to have their UK non-profit’s business corporation entities are quick and fast to be incorporated base in London online․ Your UK’ an appropriate Formal Business Address is must to be filed in and a duly-registered on the Registrar of Companies records and with on at HMRC report․

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    ✓ ❷ Forming UK’s Not-For-Profit Companies Online with Incorporation Business’s Corporation Formed UK None-For-Profits Company’s Formation Agent in London’s․

    Non-Profit Company Formation

    A company limited by guarantee is an alternative way to structure your business and has many advantages over a self-employed or traditional not-for-profit if used correctly․ Therefore, if you are thinking of UK non-profit firm registration, get in touch with Coddan for help and advice that saves you money․ A new company registrations is not complex to setting up than a none-profit, and there are additional costs involved, so it might not be the most effective structure for everyone․ However, if you are thinking of a Non-Profit Company Establishment and get help, and then get in touch with Coddan for expert advice․ We do provide the full line of professional helpline service and the complete a top expert customer support of your incorporate business formation on on-web on-line service․ If you need an assistance, you can also speak to our business advisors between 9․30am-6․00pm Monday to Friday by telephoning + (0) 207․935․5171 or + (0) 330․808․0089 (national rates)․

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    ✓ ❸ Registers “UK’s Companies LTD by Guarantee” via Online Application with UK Registering None-For Profit Corporation Registry use Businesses Registered Agency in London․

    register as a company limited by guarantee

    You is can do registry your beneficial ownership by do its set out forth with Registrars of Companies records is when you will is do registries your guarantee company’s with us․ What type of organisations should register as a company limited by guarantee? This type of business entity does not have shareholders; instead it has has members who act as guarantors․ However, there is one crucial protection for those involved꞉ if the organisation fails and goes on to run up debts, the members can’t be held personally liable․ Amply for Web-Filing Non-Profit’s Business Corporation and use non-profits companies fill up an application organisation online filed not for profit set up and create․ Our Web-Incorporation Service is not suitable for to bulk use, for to the incorporation of a Non-Profit Corporation limited by shares, adopting a bespoke Model Articles․

    This explains why non-profitable organisation is particularly valuable for “Non-Commercial Associations” which aren’t seeking to make money․ If the group’s purpose is charitable or community-focused, or it exists to provide social benefit, then it will be seeking to reinvest any surplus income, rather than distribute it in the form of profit․ For that reason, it would be very unfair if its members had to shoulder additional financial responsibilities․ At the end of an financial period, Non-Profit Companies must make of a tax return and NPO’s IXBRL Accounts to HMRC full do on set forth․At the end of an financial period, not-for-profit must make of a tax return and NPO’s IXBRL Accounts to HMRC full do on set forth․

    Guarantee Company Creation will do benefit a wide range of clubs, co-operatives, social enterprises, community projects, membership organisations and charities․ This type of legal structure is for the group of people and helps to protect its assets․ The members are involved agree how much they would be willing to contribute towards any debts - and that is the full extent of their liability․ Often the amount guaranteed is nominal, perhaps a couple of pounds per person․ By using our simple understanding and rapid on a web-based applications use for Your Guarantee’s Company Registration, for at Registry of British an LTD Companies․ All Non-Profit Companies Limited by Guarantee, whether they’ve trade or not, will must deliver its annual accounts and its a 1 confirmation statement to Companies Registry on each year․

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    Starting-up as a “Company Limited by Guarantee” is an important decision - and expert help from Coddan will ensure the process is quick, easy and completely professional․ Apply to use Not-For-Profit organisations generate submission Application Form to make and create to file non-profits online created and build field simple․ Anyone can find out see Coddan Business Name listed and shown to public as registered agency service provider onto Regulatory Clerk’s on web-site into .Gov.UK. Every Limited Company by Guarantee must do have a set of a Company’s Registers, basically these are documents that make clear who are the Directors, Shareholders, Beneficial Co-Founder․

    Start forming NPO company online application for registration and filing, use to file NPO business formation for Web-Filing NPO’s filed non-profit formed․ Start forming for becoming a non-profit corporation’s with formation’s for a nonprofit’s corporate bodies to file form online to formation’s a business entities․ Limited Companies by Guarantee are filing out electronically via software, the rules set forth the replace the signature and registered name and number on a paper forms registers․ Your Registry Form is will be examined by one of our specialists agents, before being electronically submitted on to Registrar of Companies records.

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    create as a company limited by guarantee

    To become a “nonprofit’s-company”, register for not-for-profits corporation filing form online and apply for registering corporate business entity in the UK registered organisation․ Start to incorporate forming a non-profit corporation online, incorporation not-for-profit’s corporate entity is simple as NPO corporations being get incorporated in London․ Start set up non-profit’s corporation form for forming nonprofit company require e-filing forms at business entity filing on agent at low incorporation filing formation fees․

    Incorporate a limited by guaranteed company by filing the required form and documents with e-Registry of Joint Stock Companies Registrar's in the UK. A company limited by guarantee will usually have a constitution that sets out specific rules governing the internal affairs of the company limited by a guarantee. A not-for-profit corporation may be formed under the Not-for-Profit Corporation Law as a "charitable corporation" or a "non-charitable corporation".

    A private company limited by guarantee is an alternative legal structure mainly used by non-profit organisations․ The types of organisations that are most likely to be private companies limited by guarantee include sports clubs, membership bodies, student unions, social enterprises and workers’ cooperatives․ Applying for “Non-Profits Organizations” to use register filings service in the UK, London to file a basic NPA non-profit business association registering NPA’s submission filed․ You is can do registry of your beneficial ownership by do its set up forth with on Registrars of Companies records is when you will is do registries of your a guarantee company’s․

    The major difference between private companies limited by guarantee and standard limited companies is that there is no share capital and no shareholders․ Instead there are guarantors․ These guarantors are normally liable for a small amount should the company wind up for any reason․ This structure acts as a protection to the people running the company as they’re not held personally responsible for the company’s debts․

    First up is limited liability — yes, you can do by greatly reduce your personal financial risk if you have done trade through of as a limited company is sets forth register․ The “shareholders” in private companies limited by guarantee are called “members”․ Members attend general meetings and vote․ Members can appoint or remove directors․ Directors carry out the wishes of the members meaning than the members are ultimately the people who control the company․ To get NPA’s gain business apply for use online NPA business filings to easy file non-profits association submission registry applications for basic filed registration․

    A private company limited by guarantee is not forbidden from distributing any profits it makes but, in most cases, a company’s own articles of association prevent it from doing so․ Many articles also stop payments of salaries and fees to the directors․ Registering a Limited Company or non-for-commercial business is easy using our web-filling form to form a limited company online at on for UK’s Companies Registrar’s Registry․ For set out forth yourself as a Non-For-Profit Corporation’s register and set up on the on-line approved forms sets forth with on Registrar of Companies forthwith for entry‥

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    Our online limited companies by guarantee formation and non-for profit company registration and electronic NGO forming services fee start from £39․49‥ Call us for an advice or incorporation support of UK “NGO”, “NPO” Companies’ formation assistance on free-support-line 0330 808 0089 or e-mail info@coddan․co․uk‥ Use non-profits agents expert help to apply for web filing on registration application for non-charity filed business consultants’ non-profit filings service in London․

    We can do register the company full on-line total is by get using our own in on-Web-Based Software is for the filling compile All Companies Registered via by Internet System Solutions․ We do embody register a company information and do make it available to the public recordsჀ use this service is to fill certain documents online instead of go posting a paper form․ Our all-in-a-one place go array the registration by Software-Filling Stacked System is will do allows you to quickly and easily do to develop your own business on-line and start trade transacted selling online in just a 1 workday only․ We do have the software which is do allows you to adopt/upload your-own specific ‘Articles of Associations’ to your business or alternatively use the bespoke articles we do provide to․

    ✓ ❺ We Register and Incorporate Charities in England, Scotland and Wales, to Starting-Up and Support Charities with Registering at a Charity Commission in London․

    Not for profit organisations, such as charities, museums and environmental groups, reinvest any revenues back into the business to meet their objectives or mission statement, rather than dividing it up as profit for shareholders․ Each not for profit in the UK is a company limited by guarantee, a status which allows for greater transparency and credibility - you’re able to open up your own company bank account once you’re registered, for example․ If you’re interested in company limited by guarantee registration for your non-profit organisation, please contact the friendly team at Coddan today․

    Registering a company limited by guarantee is simple; there are few requirements․ All you need is a company name, an address, the name of a director and a guarantor, three trustees and one or more member․ You’ll also require a “Memorandum of Association” and “Articles of Association”, which act as rules, Governing is How the not-for-profit organisation is run and what happens to any revenue generated, for example․ Once you have all of the above, there’s no reason why you can’t get started on registering as a “Company-Limited-by-Guarantee” right away․

    At Coddan, we can help with ‘Company Limited by Guarantee’ Formation, providing your non-profit organisation with a comprehensive service, so you can keep promoting your cause in the hope of making a difference․ To inquire about our non-profit companies formation packages, including our post-formation service, which covers you in the long-term, please call 0207 935 5171 or e-mail info@coddan․co․uk today․ Affordable to list specialists not-for-profits companies registered for decades, use our experts consultants to file and register non-profit business expertise․ Companies are Registry within at a 1 working hour in 1 a simple steps, build of your online web-presence with gain the .london or .co.uk a domain name for 2 year’s․

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    • ❶․ Private company limited by guarantee is a non-profit organization such as a charity․ Usually, it does not share capital but has a guarantor who contributes a small amount in the event of the company․
    • ❷․ To set-or put-up a private company limited by guarantee it must to have a company name that there are rules on what can and can’t include, company address, at least one director (manager) and one guarantor (’owner’), they can be the same person, one or more member, agreement (known as memorandum of association), articles of association (known as written rules about how the company runs) and charitable companies must have the at least three trustees․
    • ❸․ One director is needed to a private company limited by guarantee․ The director may also be called a committee, trustees or governors, they may have many names but in law, they are still the directors of the company․ To establish charity limited to a company, you need at least three people in the UK․
    • ❹․ The power of a director depends on the terms of their company’s articles․ Directors, in some company, are appointed by one more or more outside bodies, such as charities who back up the project․ As a director of a limited company, you must follow all the articles of association, to make decisions for the benefits of the company and make sure the company’s accounts are true and fair․ If this requirement is met in the office of the directors held by a natural person as a corporation sole, you can register a sole director’ company and if you are familiar with the duties and responsibilities of the secretaries because all of this belong to a sole director if doesn’t have a secretary in a non-profit company․
    • ❺․ The Company Act 2006 is a Parliamentary of the United Kingdom which is the primary source of UK company law․ This Act is codified as the common law of directors but does not provide the statement of their duties․ It imposes no restriction on the minimum age of companies directors but Companies Registry’ discourage appointing a director under 16 years of age from taking up the non-profit directorship since individuals under this age may not fully understand the legal liabilities that go with the position and does not have the experience to perform as a company director․
    • ❻․ Under this Act, there’s also no restriction on all members from another country and no requirement for the officers to have a valid work permit to be UK residents․ However, if you are a foreign national, being an officer of a UK company doesn’t mean you have the right to live or work in the UK․
    • ❼․ The UK has enjoyed a system of company registration since 1844 and today, company registration matters are dealt with Company Act 2006․ All the companies in Scotland, England, Northern Ireland, and Wales are registered at Companies Registry (UK’s registrar of companies and is an executive agency and trading funds)․ It falls under the remit of Department of Business, Innovation and Skills and also a member of Public Group․ All registered with Companies Registrar shall file specific details, including its subsidiary and must file annual financial statements in addition to company returns and which are all public․

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    ✓ ❻ A Practical and Step-By-Step Guide to Charities Commission Registration - Is How To Set-Up and Register a UK Charity and CIO or Charitable Company at Low-Cost․

    Our team of tax-advisors and “Non-Profit Business Entities” incorporation consultants will be pleased to assist with your inquiries related to establishing & maintaining the companies limited by guarantee or creating more complex corporate non-profit associations & the tax-savings non-commercial or charitable business structures․

    On our web-site, you will find the number of useful tips and legal information, downloadable documents, which may help you to learn what to take into consideration when deciding among private companies limited by guarantee formation, setting-up of non-profit firms, registering as charitable’ companies, establishing a RTM companies and other business structures, such as CIC companies limited by guarantee․ Succeed apply to use for register non-profitable business companies agent to effective file to register non-profits business application filed electronic in London․

    Our great value the UK non-profit company formation price starts from just £39․49 only, we consistently provide the quality charitable business registration assistance & the best non-profit association incorporation service, to satisfy our valued UK and non-UK customers - you will receive the personalized telephone & e-mail help that you really need!

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    Non-Profit Company Formation Tips

    Useful Tips꞉

    There is no requirement for the officers of your non-profit company to be the UK citizens or residents, or for them to hold the valid work-permits․ Owning, or being an officer of the UK non-profit company does not, however, grant you any rights to live or work in the UK if you are a foreign national․ A company limited by guarantee must have at least one director, one member, and may have a secretary․

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    Coddan’ Non-Profit Organisation Formation phone lines provide the confidential companies incorporation advice, non-profit society creation support, and the access to the pastoral care for legal business consultants & London based certified accountants․ Register and file UK non-profits company’s information online filed at on electronic filling incorporation and get non-profit business companies documents filings․ Search our online records, learn about our searching and retrieval services, view our current fees for registration, recordation, and for other corporate services․

    Some of our help lines can also be contacted via the phone, or via the online help advisors, or even by an e-mail and by fax․ Our team of friendly companies’ formation staff (who are all convincing specialists) is on hand to ensure that your move goes through as smoothly and swiftly as it possible․

    Confidential charitable business companies formation advice & support services have been provided from our premises at 120 Baker Street, in London․ We are committed to providing the comprehensive range of non-profit entities incorporation services and ensure that we offer the legal companies limited by guarantee registration services that blend professionalism with the friendly and informal approach․

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    By doing so, we remove the mystique that sometimes surrounds our profession, we believe that each client has an individual and specific legal requirements and therefore provide a prompt & professional charities, clubs, or professional association incorporation service, which is individually tailored to the particular needs of each of our customer․

    By doing so, we are able to advice & assist in the clear, direct, and cost effective non-for-profit(s) business registration manner․ Apply to register the charity and use online application registering charities filing for charitable business using online filed electronic registration file to get charity’s registered․

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    ✓ ❼ Submitting Yours New Charity Registration on Web-Application and register with charities Commission’s online registered, there is low fee to register a charity․

    Establish a Non-Profit Company

    A company limited by guarantee normally registered for the non-profit making functions․ The CLG (company limited by guarantee) has no share capital․ A company limited by guarantee has members, rather than shareholders, the members of the company guarantee/undertake to contribute a predetermined sum to the liabilities of the company, which becomes due in the event of the company being wound-up․ It cannot distribute its profits to its members, and is therefore eligible to apply for charitable status if necessary․

    Guarantee companies are useful for non-profit organisations that require corporate status․ This means that its profits cannot not distribute to its members but are retained to be used for the purposes (objects) of the guarantee company․ Register ‘NGO Company’s’ society at low-price and realistic fees you can start Registering NGO’s Business Society’s and on simple NGO corporate filing form online․

    Of course, this does not mean that the guarantee company cannot make the profit, as indeed it is almost paramount that it can and does so․ The companies limited by guarantee normally used for non-profit making or charitable causes, the memorandum and articles of association states the general objects of the company, prohibit the payment of dividends to members and if the company is wound up all assets must be transferred to another organisation with similar objects or to a charity․

    In British company law, a company limited by guarantee is an alternative type of corporation used primarily for non-profit organisations that require legal personality․ A guarantee company does not have a share capital, but has members who are guarantors instead of shareholders․ The guarantors give an undertaking to contribute a nominal amount (typically £1․00) towards the winding up of the company in the event of a shortfall upon cessation of business․

    Common uses of guarantee companies include꞉ -

    • ✓❶ A “Clubs”
    • ✓❷ A “Membership Organisations”
    • ✓❸ A “Unions”
    • ✓❹ A “Sports-Associations”
    • ✓❺ A “Workers’ Co-operatives”
    • ✓❻ Other a“Social Enterprises”
    • ✓❼ A “RTM Companies” (‘Right to Manage Companies’)
    • ✓❽ A “Property Management Companies”
    • ✓❾ A “Flats Management Companies”
    • ✓❿ A “Non-governmental Organisations” and “Charities”

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    Simple Online Fill-Out Process and You Can Register a New “Non-Profits Company’s” Application in a Few Minutes and NGO’s Company is Ready to Trade in 1 Business hour․

    Because the company form features a participating membership, it is suitable for representative organisations such as tenants’ associations, pressure groups and federations, where it is necessary for the governing body to be accountable to the people the organisation claims to represent․ In such type of a company, members will normally elect the directors․ Filling online charity using forming submitting charity’s application to file charities with charity registration training agency help to get CIO formed submitted in 1 business day․

    However, it is possible to design a company limited by guarantee, where the only members can be directors, who are thus only constitutionally accountable to one another․ Such non-profit business structure may be preferred where the greater stability is required without the potential for power blocs to develop within a larger membership․

    In this case, how the directors get to be appointed will be laid down in the articles of association of the company limited by guarantee․ In some cases, directors are effectively self-perpetuating, with future directors appointed by the present ones․

    In other cases, the articles of association of the company limited by guarantee will specify organisations or agencies, which are entitled to nominate just ONE or more directors, or detail some other procedure by which directors are identified and appointed․

    When incorporating multi-members non-profit organisations, this form is sometimes preferred over the industrial and provident society because the company law allows multiple classes of member with separate voting constituencies․

    A company limited by guarantee is a legal entity, which exists in its own right in the eyes of the law, separate and distinct from the individuals who are involved in it․ A “Company Limited by Guarantee” is like a separate person in law․ It can sue, or to be sued, in its own name; it can enter into contracts, and can own property all in its own name․ The company limited by guarantee and having no share capital can be structured and registered as a private family foundation․

    These type of companies (“private companies limited by guarantee”) are used by charities and for not for profit promotion of education, commerce, art science and sport, or for promoting the interests of a particular section of society, or for a particular policy․ We prepare and electronically submit a new non-profit company limited by guarantee for registrations as soon as we receive your instructions, and incorporation of a new company can be completed within one-working day․

    For a quick and easy way for to incorporate a guarantee’s company is via use an approved online company formation agency like 1-st Rank Formations under at Coddan․ For setting up and charity registration, apply to use online set up charitable organisation application form on Web-Filling forms to get charity’s filed in 1-business day․ The main differences between a company limited by guarantee and a company limited by shares shares are꞉ -

    ❶ It’s members do not receive share certificates and whilst they control the guarantee company, through decisions taken by them at General Meetings, they do each not “own” a proportionate part of the guarantee company․
    ❷ It’s members are cannot receive any dividend, profit or other income from the guarantee company, nor can they receive a share of its assets if it comes to an end․
    ❸ It’s members enjoy limited liability, but usually have to pay an annual subscription (at a rate set annually by themselves at General Meeting) and, if the guarantee company is forced to come to an end through a liquidation, they are obliged to pay a final sum of £1․00 each to the Liquidator․
    ❹ The members (in most cases) are elect the Board of Directors (usually called ‘Trustees’ or ‘Governors’ to avoid connotations of salaries and bonuses) which is responsible for setting and overseeing the policy of the guarantee company․
    ❺ The directors are also enjoy limited liability, provided that they haven’t acted negligently, or fraudulently, or have not permitted the guarantee company to continue trading when it was insolvent (this is known as “wrongful trading”)․

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    The Advantages “Incorporation's and Formation's of a Company-Limited-By-Guarantee”꞉ -

    ❶ Members’ liability is restricted (usually to £1․00 each)․
    ❷ The guarantee company can hold property and borrow money in it’s own name․
    ❸ The guarantee company is subject to the democratic control of members - both in relation to fundamental decisions (e․g․ a change in its constitution) and in relation to election/re-election of the Board․
    ❹ It is relatively easy to set up a wholly-owned subsidiary company, with a share capital owned by the guarantee company, which is particularly useful where the guarantee company is a charity and the subsidiary company is to be used for non-charitable trading (often called “a trading subsidiary”)․

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    ✓ ❽ At a Low-Fee and Affordable Costs Incorporate and Forming a New “CIO Business Company’s” in the UK Online Through a London’s a “CIO’s Companies Formation” Training Provider․

    Yours Non-Profit Business's Company name must end with the word ‘Limited’, or its abbreviation ‘Ltd’, or the Welsh language equivalents꞉ ‘Cyfyngedig’, or ‘Cyf’․ For example꞉ ABC Limited, ABC Ltd․, ABC Cyfyngedig, ABC Cyf․ These words (Limited․, Ltd․, Co., Cyfyngedig, Cyf․) must not occur in any other place within the name of your company․

    If certain requirements are met however, a company limited by guarantee may apply for and be granted an exemption from using ‘limited․’ (or its Welsh equivalent) in its name․ The requirements are as follows꞉ -

    (a) the objects of the company are to be the promotion of commerce, art, science, education, religion, charity or any profession, and anything incidental or conducive to any of those objects; and
    (b) the company’s memorandum or articles of association꞉ -
    (Ⅰ․) require its profits (if any) or other income to be applied in promoting its objects’
    (Ⅱ․) prohibit the payment of dividends to its members, and
    (Ⅲ․) require all the assets which would otherwise be available to its members generally to be transferred on its winding up either to another body with objects similar to its own or to another body the objects of which are the promotion of charity and anything incidental or conducive thereto (whether or not the body is a member of the company)․

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    If you want to register a company limited by guarantee to be exempt from use of ‘LIMITED’ in your company’s name, we will produce a Memorandum and Articles of Association for you which complies with the above requirements, for an additional fee of - £50․00․ All charity’s registration filings are can be EASY done online, to set-up CIO charitable business use simply application formation form to get charity’s filed online․

    ✓ ❾ To Get a “Nonprofit NBG Company’s” Registered Online Is Takes a few Hours to Register a UK’s “NGO Not-Profits Companies” on Web-Registering Business Agent in London’s․

    Running a Company Limited by Guarantee

    Essentially two-tier, with the board of directors accountable to a wider membership (sometimes referred to as a “participating membership”)․ Members will typically hold voting rights at general meetings and will elect all or some of the directors․

    Further embellishments may be added to this basic structure, e․g․ an executive committee (smaller than the governing body, perhaps made up of honorary officers and senior staff), or a members’ council, which may meet more frequently than the full membership and supervise the work of the directors․ However, it is possible (and quite-common) to create a ’SINGLE-TIER’ structure by simply stating that only directors may be members and vice-versa․ Thus although these two roles will still exist within the company limited by guarantee, the same people will perform both․

    Non-profit companies are not legally required to have a secretary, but it is strongly advisable, secretary usually described as the senior administrator․ This person may also be a member or director, but need not be․ In funded community and voluntary organisations, the post of secretary will often form part of the job description of a member of staff․ For starting-up a NGO the “Nonprofits Business” online, apply to use our electronic Web-Fill-up nonprofit start-up application at low set up filing fees and reasonable costs․

    If you want to appoint a professional secretary, please contact us, or you can appoint a secretary provided by us, and this service is available at our fourth company formation option for UK residents․

    The guarantee company’s constitution꞉ guarantee companies have a special form of constitution called a memorandum and articles of association․ The first part the memorandum of association sets out꞉

    • ❶ The objects and powers of the company
    • ❷ The amount of the guarantee each member must give
    • ❸ Restrictions on the use of the income and assets of the company
    • ❹ A ‘Statement’ that, if the company is wound up (dissolved), any remaining assets will be given to some other similar non-profit body

    The second part the articles of association describes the management structure․ Sets out the rules for meetings, accounts and finance․ States the criteria for membership, the voting rights of members and the powers and duties of the directors․

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    Coddan’ special drafted and solicitors adopted memorandum and articles of association, which can be used not only in the UK, our own memorandum and articles of association will be very useful and accepted in other overseas countries․ We do not use the Companies Registrar’s standard model of the memorandum and articles as most of others UK companies formation experts․ Our standard version of the Memorandum and Articles of Association is very widely drawn, and is suitable for almost all types of companies limited by guarantee․ An electronic copy of our standard memorandum and articles of association is included with your company formation․

    Non-profit company registration꞉ about the members’ contribution꞉ this information is required by virtue of section 2(4) of the Companies Act which provides as follows꞉

    “The memorandum of a company limited by guarantee must also state that each member undertakes to contribute to the assets of the company if it should be wound up while he is a member, or within one year after he ceases to be a member, for payment of the debts and liabilities of the company contracted before he ceases to be a member, and of the costs, charges and expenses of winding up, and for adjustment of the rights of the contributories among themselves, such amount as may be required, not exceeding a specified amount․”

    The total commitment of the members, taken together, is known as the “guarantee fund”; this fund only comes into existence on a winding up․ In practice, this form of vehicle is usually unsuitable for most businesses but is often used, for example, by charities․ There is no limit as to the amount which must be stipulated as the member’s maximum contribution․ It may, for example, be as little as £10․00 or as much as £1,000,000․

    However given the nature of the activities of most companies limited by guarantee (e․g․ not for profit concerns such as clubs, management companies for flats and associations of traders for trade protection or information exchange) it is likely to be a relatively small amount such as, say £10․00․

    The standard membership contribution on formation is £10․00․ It cannot distribute its profits to its members, and is therefore eligible to apply for charitable status if necessary․ You should bear in mind that the amount which you stipulate as the maximum contribution by members in the event of a winding up cannot be increased after the company is incorporated․

    The company may be registered with membership contribution that is greater than the amount it needs as initial contribution․ When applying for the alternative membership contribution for your company, please make sure that the value per membership contribution is not less than £1․00․ If you desire to have value per membership contribution less then £1․00 (for example 10․p or 1․p) you will need to apply for the paper filing for your company at additional charge․

    Guarantee company members and directors protection from personal liability꞉ the ordinary members of a company - that is, those who have signed guarantees, will only be liable for the maximum amount they have guaranteed if the company goes into insolvent liquidation․ The directors, however, can be made liable for a company’s losses or debts in a number of ways꞉ dishonestly dealing with the company’s property or money․

    Cheating the company’s creditors or clients (1 and 2 are known as fraudulent trading)․ Negligent actions or decisions (or negligent failures to act or take decisions) which lose the company’s money or assets․ Carrying on activities which are not permitted by the company’s objects or powers clauses and cost the company money or waste its resources (known as committing ‘ultra vires’ acts)․

    Carrying on the company’s business and running up further debts when it has become obvious that the company is in financial difficulties and should be wound up as soon as possible (known as “wrongful trading”)․ Signing a form or agreement to act as a guarantor for a debt owed by the company․ Acting while disqualified as a director or charity trustee․ If directors use their position as directors for secret personal gain, then they may be made to repay to the company the profits made from this abuse of power․

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    ✓ ❿ The Rights of Members in a Company-Limited-by-Guarantee․

    Rights of Members in a Company Limited by Guarantee

    These are set out in the articles of association․ All members have the right to be notified of and attend general meetings of the company, and to vote at these meetings if the articles give them voting rights․ In most charitable companies, the members attend the annual general meeting to receive the audited accounts, appoint the auditors for the next financial year, hear the directors’ annual report and financial report and vote in the Committee for the following year․

    Under company law, members have the right to remove a director from office by calling a general meeting with at least 28 days’ notice in writing to all members and directors․

    At this meeting, the director concerned has the right to put their case, either verbally or in a written statement․ If the voting members then pass a resolution to remove them by a simple majority (51%), then they must stand down․

    The same type of resolution and rules must be used if an auditor is to be removed․ Company members (whether or not they can vote at meetings) have the following additional rights꞉ to be given a copy of the memorandum and articles of association at a maximum cost of 5․p‥ To inspect the register of members on reasonable notice during normal office hours․ To call an annual general meeting if the directors refuse or fail to do so (as long as members with 5% of the voting rights sign a request to the company secretary to call the meeting)․

    To call an extraordinary general meeting if the directors refuse or fail to do so, if members with 10% of the voting rights sign a request to the Company Secretary to call the meeting․ To receive a copy of the audited accounts and annual report at least 3 weeks prior to each AGM․

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    Do We Have to Register with the Inland Revenue?

    ✓ Do I have to Register With the Inland Revenue?

    Charities only need to register with HM Customs and Revenue (the new merged Inland Revenue and HM Customs) if꞉ the taxable income from trading meets the threshold (currently £85,000 a year), they are a small charity or exempted or excepted, Charity and don’t yet need to register with the Charity Commission but want to claim Gift Aid․ Call us to discuss your needs and see how we can help․

    To be protected against ‘unfair prejudice’ that is, from being harmed or oppressed by directors’ actions or failures to act, where the members concerned are in a minority․ To sue on behalf of the company, individual directors who misuse their powers or fail in their duties and cause the company to lose money or resources as a result․

    ✓ The Directors’ Duties of a Company Limited by Guarantee꞉

    Directors Duties of a Company Limited by Guarantee

    Non-profit companies are do must to have at least of three directors/trustees․ The duties of a charitable company directors are very similar to those of charity trustees․ They include acting in good faith and in the best interests of the company’s members and the charity’s beneficiaries․ Taking the same degree of care in managing the company’s finances, assets and affairs as a reasonably prudent business person would take in respect of their own business․ This includes taking professional advice when needed and making decisions as a body․

    Keeping the account books in such a way that they can be audited or examined each year․ Supervising and managing the company’s employees and voluntary workers properly, and making sure they give regular reports on their work to the committee․

    Complying with employment and health and safety law, and making sure the organisation is properly insured, accountable to funders and has plans and strategies in place for its work․

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    Incorporation is the process by which a new or existing business registers as a ‒limited company”, thus is to acquiring a specific kind of a legal business status․ A Commercial Business Corporation may be formed by filing a Certificate of Incorporation pursuant in to a report records in a UK Corporate Trade Division at in London․ Every a business filled in the UK as a Business's Corporation limited by in a stock shares is requiring to file a annual report in to the Govt. Records reports up to date․ In most cases, they are not a company’s registered own records but merely the government records of a company’s registration and a business filled by incorporation․ We harness our a market-leading technical expertise to offer a full suite of a fill-up services, designed to help your vision to become a thriving reality․ We can complete a business corporate a annual report and filling reports in a relevant of a public’s authorities records on a limited company’s behalf in a top full record․

    Filing the accounts with Companies Registry and the Charity Commission within 10 months after each year-end․ Maintaining the ‘statutory books’ - that is, the register of members, the register of directors and company’ secretaries and the register of charges - secured loans made to the company․ Keeping proper minutes of meetings, both general meetings and directors’ meetings․ Making sure that company law is complied with when giving notice of and holding meetings․ Notifying the Companies Registrar of changes in directors or company secretaries within 15 days after each change․

    Annual general meetings (AGMs) need at least 21 days notice in writing to members, which must include copies of any proposed resolutions to be passed at the meeting and copies of the accounts and annual report to be presented by the directors․ Extraordinary general meetings (EGMs) need at least 14 days notice in writing to members․ The auditors have a legal right to be invited to all AGMs and to any EGMs where their interests may be at stake․

    When holding general meetings, the directors and secretary must be aware of company law in relation to passing resolutions (making decisions)․ Most resolutions require only a simple majority vote․ There are, however, two types of resolution which need a 75% majority vote to be passed꞉

    Special resolutions - that is, any decision to alter the Memorandum and Articles of Association, change the company’s name, dispense with appointing auditors if the company has been dormant throughout the whole of a financial year, ratify a previous ‘ultra vires’ act committed by the directors or to wind up a company that is not insolvent extraordinary resolutions - that is, any decision to wind up the company because it is insolvent or is heading for insolvency or to dispense with auditors after the first AGM because the company is likely to remain dormant for some time․ Under the 2006 Companies Act, a new way of passing resolutions was introduced․

    This is called a written resolution and it enables companies to make decisions without having to convene a meeting The resolution is circulated to all voting members who must each sign agreeing to it․ It can be on separate sheets as long as the wording is the same on each sheet․ It is only valid if carried by a 100% majority vote of all members entitled to attend and vote at a general meeting․ It is really only useful for straightforward decisions where no discussion is needed and when holding a meeting is going to be very difficult or impossible․

    Also, the larger the company’s membership, the less practical it is to circulate written resolutions․ Customers can get support from a team of Corporate Guides a top leading experts in a company formations, formation services to help with a company formation assistance․ Contact the government’s listed agency for the Business Support Helpline for to get find further information, get a free advice from our support team in the UK․

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