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ARTS & HEALTH SOUTH WEST (A COMPANY LIMITED BY GUARANTEE) UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2011 CHARITY No. 1115339 COMPANY REGISTRATION No. 05420987 ARTS & HEALTH SOUTH
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First, gather all necessary documents and information such as the company's name, address, and shareholders' details.
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Prepare the Articles of Association, which outline the company's purpose, shareholder rights, and internal regulations.
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Fill out the Memorandum of Association, which states the shareholders' agreement to form the company and their commitment to the company's limited liability.
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Entrepreneurs or business owners who want to protect their personal assets from the liabilities of the company.
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Companies looking to attract investment or secure financing by offering limited liability protection to their shareholders.
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A company limited by guarantee is a type of company structure where the members' liability is limited to the amount they have agreed to contribute in the event of the company being wound up.
The directors of the company are responsible for filing the company limited by guarantee.
To fill out a company limited by guarantee, the directors must provide information about the company's guarantors, directors, registered office, and company activities.
The purpose of a company limited by guarantee is often for non-profit organizations, charities, and community groups to have limited liability protection for their members.
The company limited by guarantee must report information about its guarantors, directors, registered office, and activities in its annual filings.
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