Get the free Company Limited by Guarantee Membership Application Form

APPLICATION FOR MEMBERSHIP PLEASE COMPLETE IN BLOCK CAPITALS Your Details Title (e.g. Mr/Mrs) First Name:. Surname: ....... Address:.

How to fill out company limited by guarantee

How to fill out company limited by guarantee

1. To fill out a company limited by guarantee, follow these steps:
2. Start by providing the name of the company limited by guarantee. Choose a unique and appropriate name that represents the purpose of the company.
3. Provide the registered office address where all official communications will be sent. This address must be a physical location and cannot be a PO Box.
4. Identify the directors and officers of the company. Include their names, addresses, and contact information. These individuals will be responsible for the management and decision-making of the company.
5. Determine the guarantors for the company. Guarantors are individuals or organizations who commit to contributing a specified amount in the event of the company's financial difficulties or winding up. Include their details such as names, addresses, and the amount they guarantee.
6. Draft the company's Articles of Association, which lay out the internal rules and regulations of the company. This document should cover matters such as membership, voting rights, decision-making procedures, and any other specific rules relevant to the company's operations.
7. Prepare the Memorandum of Association, which declares each subscriber's intention to form the company and become a member. This document must be signed by all members of the company limited by guarantee.
8. Pay the necessary registration fees and submit the filled-out forms and documents to the relevant authority, typically the Companies House in the United Kingdom.
9. Await confirmation and registration of the company limited by guarantee. Once the registration is complete, you will receive a Certificate of Incorporation, which confirms the legal existence of the company.

Who needs company limited by guarantee?

1. A company limited by guarantee is suitable for organizations that are non-profit in nature or have a specific purpose. Some examples of entities that may need a company limited by guarantee are:
2. - Charities and non-profit organizations: These entities often opt for a company limited by guarantee structure to formalize their operations, obtain legal recognition, and limit the liability of their members.
3. - Clubs and associations: Social clubs, sports clubs, educational associations, or community organizations may choose a company limited by guarantee to give a legal structure to their activities and provide a framework for governance.
4. - Research institutes and educational foundations: Organizations involved in research, education, or promoting specific areas of study may benefit from the limited liability and legal structure offered by a company limited by guarantee.
5. - Trade associations and professional bodies: Organizations representing specific industries or professions may adopt a company limited by guarantee structure to provide industry standards, offer membership benefits, and protect the interests of their members.
6. - Housing associations and social enterprises: Groups involved in providing affordable housing or delivering social services may opt for a company limited by guarantee to secure funding, establish partnerships, and ensure accountability in their operations.

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What is company limited by guarantee?

A company limited by guarantee is a type of non-profit organization in which the members' liability is limited to the amount they agree to contribute to the company's assets in the event of its winding up.

Who is required to file company limited by guarantee?

All companies limited by guarantee registered in the UK are required to file annual accounts and other specific documents with Companies House, regardless of their size or income.

How to fill out company limited by guarantee?

To fill out the registration for a company limited by guarantee, you must provide details such as the company name, registered office address, the purpose of the company, and the guarantee amount. Additional forms may be needed for membership details.

What is the purpose of company limited by guarantee?

The purpose of a company limited by guarantee is typically to operate on a non-profit basis, often used by charities, clubs, or associations where the focus is on promoting a particular cause or activity rather than generating profit.

What information must be reported on company limited by guarantee?

Companies limited by guarantee must report their annual accounts, confirmation statements, and any changes in directors, registered office address, or capital structure to Companies House.