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Company limited by guaranteeFor clubs and other not-for-profit ventures. The members are called Trustees and don't have Shares.
Community Interest Company (CIC)Social enterprise company working for the benefit of the community. Regulated independently but not as a full charity. A CIC can be limited by shares. Private Company Limited by SharesRegular limited company formation (private company limited by shares). The normal solution for most businesses - registered within a day for just £94 (including VAT).
Limited Liability PartnershipA popular solution for consultants and professionals. Is it right for you?
Charity - Aims and ObjectsThe constitutional documents for your Charity Limited by Guarantee (called Memorandum & Articles of Association) must state the Aims of the organisation. Only you can say what you intend, but we have put together some examples to show how it is done.
Charities must be established exclusively for charitable purposes.
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Charity Limited by GuaranteeFor organisations seeking full Charity registration AND limited liability this is the company format to choose. It follows the general style of a "company limited by guarantee" but uses Memorandum & Articles with wording approved by the Charity Commission.
Equality of decision makingYour Charity must have at least 3 Trustees, but it can have as many as you want. Each Trustee has just one vote, so all decision making is shared. Each Trustee puts up a cash guarantee for the company (normally just a nominal amount) which is why it is called a "guarantee" company. There are no shares, nor dividends and, of course, no profits.
Aims and Objects
The individual Aims of your organisation will become part of the Memorandum of Association (a key company document). We can't create that without your input. Make notes on your vision, aims and intentions and tell us about it in plain English. We can offer suggestions, but it's your ideas that matter.
To register today complete the Order Form or contact us on 0117 370 2725. Reporting.After registering the company you must apply for
Charity registration...
This is the sequence recommended by the Charity Commission. Register the limited company (which takes 2-3 weeks after application is complete); then register the company with the Charity Commission (which takes a lot longer). As a registered charity with limited liability your company will be required to send regular reports and accounts both to the Charity Commission and to Companies House. This will normally be the responsibility of your Company Secretary.
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Don't rushYou are creating legal documents that will affect how your organisation
can operate for years ahead. Think carefully about your AIMS. Write
a MISSION STATEMENT to guide your thinking. Think how your activities
will be FUNDED. Check if Charity registration is right for you -
or do you
need a CIC? If in doubt contact
us. Order your Company by postIf you don't like ordering online you can order your charity limited by guarantee by post.
We are called Ordered Management because we take care of the details.That’s why our clients like us and keep coming back. Some of them took the trouble to write and tell us how pleased they are. See what they said and how Ordered Management can help you.
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