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Hiring Coddan as your company limited by guarantee administration agent: Coddan Formations Agency can provide a range of administration services for your company limited by guarantee leaving you free to get on with growing your business without having to worry about paperwork.
Our administration packages are ideal for new start-ups where the owners may not have much experience with the regulatory requirements imposed on private companies limited by guarantee. We can provide a nominee company secretary, a monthly bookkeeping service and payroll administration. Coddan can also prepare and file your end of year accounts.
The role of the company secretary is essentially that of a chief administrative officer. They are responsible for all of the administration of the company limited by guarantee and for filing annual accounts with Companies House and HMRC. By appointing a nominee secretary from Coddan, you gain access to our experienced, knowledgeable staff. For a fee they will help you to run your business in a tax efficient manner as well as ensuring that you fulfil all of your duties with regard to book keeping and filing returns.
It is vitally important to keep accurate legible accounts. If you fail to do this then your company limited by guarantee could be liable for fines. You might also find it difficult to put together an accurate return at the end of the year, something that can result in fines of up to £5,000 and your non-profit company being struck off the companies register. With bookkeeping and your end of year accounts taken care of by Coddan you won't have to spend precious time getting to grips with book keeping.
Taking on employees brings with it all sorts of responsibilities. For a first time employer this can be a daunting prospect. Coddan can help ease the load by managing your payroll. This includes registering for the Pay as You Earn scheme. Coddan's computerised payroll service is economically viable even for a single employee.
If you'd rather take care of your own book keeping, but are unsure how to go about it then Coddan can set out your books for you and then leave you to fill them in. In this way you know that you're going to produce paperwork that will be acceptable to Companies House and HMRC.