Get the free Company Limited by Guarantee and not Having a Share Capital - ccsu co

The Companies Act 2006 Company Limited by Guarantee and not Having a Share Capital Articles of Association of Christ Church Students Union as amended by special resolution passed at a general meeting

How to fill out company limited by guarantee

How to fill out company limited by guarantee:

1. Gather the necessary information: Before filling out the form, make sure you have all the required information at hand. This includes the proposed name of the company, the registered office address, the names and addresses of the subscribers (members), and details of the proposed directors and secretary.
2. Prepare the Memorandum and Articles of Association: The Memorandum of Association outlines the company's objectives and activities, while the Articles of Association establish the regulations for the company's internal management. These documents need to be prepared and signed by the subscribers.
3. Complete the necessary forms: The next step is to complete the required forms. One common form is the Form IN01, which provides details about the company structure, subscribers, and initial directors and secretary. Additionally, you may need to complete forms such as the AP01 for appointing directors or the AD01 for changing the registered office address.
4. Pay the required fee: Along with the completed forms, you will need to pay the applicable fee. The fee amount can vary depending on factors such as the company's authorized share capital or whether you choose to use the companies house web filing service.
5. Submit the documents: Once all the forms and fees are prepared, submit them to the relevant authority, typically the Companies House. You can submit the documents online or by post, following the specific instructions provided by the authority.

Who needs a company limited by guarantee:

1. Non-profit organizations: A company limited by guarantee is commonly used by non-profit organizations such as charities, clubs, or community groups. It allows them to have a legal structure and limited liability for their members.
2. Social enterprises: Social enterprises, which combine business principles with a social or environmental mission, often choose the company limited by guarantee structure. This allows them to operate in a sustainable manner while providing benefits to society.
3. Professional associations: Professional associations, such as industry trade bodies or membership organizations, may opt for a company limited by guarantee. This structure provides a formal legal entity that can represent the interests of its members and engage in activities related to their profession.

In summary, filling out a company limited by guarantee involves gathering information, preparing the necessary documents, completing forms, paying the required fee, and submitting the documents. This structure is commonly used by non-profit organizations, social enterprises, and professional associations to establish legal entities with limited liability.

For pdfFiller’s FAQs

What is company limited by guarantee?

A company limited by guarantee is a type of company where the members' liability is limited to the amount they agree to contribute in the event of the company being wound up.

Who is required to file company limited by guarantee?

Company limited by guarantee must be filed by non-profit organizations, charities, clubs, and other organizations that do not distribute profits to their members.

How to fill out company limited by guarantee?

To fill out a company limited by guarantee, the organization must submit the required forms and documents to the relevant government authority, typically the Companies House in the UK.

What is the purpose of company limited by guarantee?

The purpose of a company limited by guarantee is to provide limited liability protection for its members while still allowing them to contribute to the company's activities.

What information must be reported on company limited by guarantee?

The information that must be reported on a company limited by guarantee includes the company's name, registered office address, details of its members, and details of its guarantors.

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