Keep Your Records and Registers at the Registered Address

The easiest way to start a new company formation

#1. Summary
#2. Start a Non-Profitable Organisation in United Kingdom
#3. Benefits to Setting-Up a UK Company Limited by Guarantee
#4. Advantages to Register a Limited by Guarantee Company
#5. Requirements to Establish a Limited by Guarantee Company

The cheapest way to start a new company registration

#6. Requirements to Maintain a Non-Profit Firm
#7. Keep Your Records and Registers at the Registered Address
#8. Open a Non-Profit Entity with Company Formation Expert

Keep your company records and registers at the registered address

Keep your records and registers at the registered address: registering a company limited by guarantee with Companies House brings with it many responsibilities and legal obligations, and some of the most significant relate to the duties surrounding statutory registers.

The list of registers that you need to keep is quite extensive. As your company limited by guarantee has members then you will be required to maintain a register of members, which contains important information relating to the identities of these people, along with a register of directors, which is an important record of the identities of all the guaranteed company's directors.

It is also a legal requirement for companies to keep a register of secretaries, and a register of charges, which details any securities offered by the company when it takes on a loan, mortgage, or other form of debt. Since legislative changes were introduced in 2015, it is also now mandatory to maintain a register of persons with significant control.

It is important not only to set up these statutory registers, but to make sure that they are available for scrutiny should this be required. They have to be kept, along with the company limited by guarantee accounts, and other important documents, at the company's limited by guarantee registered address, and should be regularly updated. Failure to set up, maintain or correctly store these registers can be considered an offence and lead to prosecution.

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The regulations surrounding the keeping of these registers are regularly reviewed. For example, they were updated by the Companies Act of 2006 and the Small Business, Enterprise and Employment Act of 2015, and it is likely that they will be amended again in the future.

It can be difficult to keep track of the changes when you are busy running a business, so if you are uncertain about your company's limited by guarantee responsibilities in the area of statutory registers, it can be helpful to talk to a professional corporate services provider like Coddan Formations Agency. Our online service is easy to access and available on a 24/7 basis. We can provide you with the advice and assistance you need and can handle every aspect of company limited by guarantee registration. So get in touch today and see how Coddan's bespoke corporate solutions can help you.

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