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Company Acts 1985, 1989 and 2006
Company limited by guarantee and not having a share capital
Memorandum of Association of Bournemouth Council for Voluntary Services
incorporated on the 30 June 2000
and
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How to fill out memorandum of association
How to fill out memorandum of association?
01
Start by obtaining a template or form of memorandum of association from the appropriate government authority or legal resource.
02
Carefully read through the template or form to understand its sections and requirements.
03
Begin by providing the name of the company or organization for which the memorandum of association is being filled out.
04
Include the registered address of the company, which is the official location where legal documents can be served.
05
State the objectives or purpose of the company, outlining the specific activities or goals it intends to pursue.
06
Mention the liabilities of the members or shareholders, specifying the extent of their responsibility in case of any legal or financial issues.
07
Outline the share capital of the company, stating the total amount and the division among the shareholders, if applicable.
08
Include the names, addresses, and occupations of all the proposed members or shareholders.
09
Determine the signature requirements, such as whether each member or shareholder should sign the memorandum of association or if only a representative is required.
10
Check for any additional clauses or specific requirements that may be applicable in your jurisdiction, such as restrictions on transfer of shares or special powers of the board of directors.
Who needs memorandum of association?
01
Any company or organization that wants to be officially registered or incorporated should have a memorandum of association.
02
Companies seeking limited liability status, where the shareholders' liability is limited to their investment in the company, are required to have a memorandum of association.
03
Having a memorandum of association is necessary when applying for permits, licenses, or funding, as it establishes the legal framework and purpose of the company.
04
The memorandum of association is also essential for defining the rights, responsibilities, and obligations of the company's members or shareholders.
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Individuals or groups planning to start a business together and seeking legal protection and clarity in their partnership should have a memorandum of association.
06
Non-profit organizations or charities may also need a memorandum of association to outline their mission, objectives, and governance structure.
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What is memorandum of association?
Memorandum of association is a legal document that sets out the constitution of a company and contains the fundamental conditions upon which the company is incorporated.
Who is required to file memorandum of association?
The promoters of a company are required to file the memorandum of association with the relevant authorities during the incorporation process.
How to fill out memorandum of association?
Memorandum of association can be filled out by providing the required details such as company name, registered office address, objectives of the company, and details of the subscribers.
What is the purpose of memorandum of association?
The purpose of memorandum of association is to provide clear information about the company's existence, purpose, and powers to the shareholders, investors, and other stakeholders.
What information must be reported on memorandum of association?
The information that must be reported on memorandum of association includes company name, registered office address, objectives of the company, and details of the subscribers.
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