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The Companies Act 1985 and 1989 Company Limited by Guarantee and not having a Share CapitalMemorandum of Association Of Age UK Milton Keynes 1. The name of the Company (hereinafter called \”the

How to fill out company limited by guarantee

How to fill out company limited by guarantee

1. Step 1: Obtain the necessary forms and documents from the appropriate government agency.
2. Step 2: Fill out the forms with accurate and up-to-date information about the company.
3. Step 3: Provide details about the guarantors of the company, including their names, addresses, and guarantee amounts.
4. Step 4: Indicate the objectives and purposes of the company, including any specific activities or sectors it will be involved in.
5. Step 5: Specify the company's registered office address and the details of the company secretary, if applicable.
6. Step 6: Include the proposed company name and any alternative names, if applicable.
7. Step 7: Sign and date the completed forms, ensuring all required signatures are obtained.
8. Step 8: Submit the forms, along with any required fees, to the government agency.
9. Step 9: Await confirmation and approval of the company limited by guarantee from the government agency.
10. Step 10: Once approved, ensure compliance with all legal and regulatory requirements for maintaining the company limited by guarantee.

Who needs company limited by guarantee?

1. Non-profit organizations that aim to promote charitable, educational, religious, or other social causes.
2. Voluntary groups and community organizations that want to operate in a formalized structure with limited liability for their members.
3. Professional associations or trade organizations that require a legal entity to represent the interests of their members.
4. Education or research institutions that wish to establish a legal entity for governance and funding purposes.
5. Organizations seeking to apply for grants, funding, or tax-exempt status that often require a formal legal structure.
6. Groups or individuals looking to collaborate on specific projects or initiatives while limiting personal liability.

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What is company limited by guarantee?

A company limited by guarantee is a type of company structure usually used for non-profit organizations, where members' liability is limited to the amount they agree to contribute to the company's assets if it is wound up.

Who is required to file company limited by guarantee?

Typically, any organization that is registered as a company limited by guarantee is required to file annual accounts and reports with the relevant regulatory authority, such as Companies House in the UK.

How to fill out company limited by guarantee?

To fill out the registration for a company limited by guarantee, you must complete the appropriate application form (usually Form IN01 in the UK), provide the company's articles of association, and submit to the relevant authority with the required fee.

What is the purpose of company limited by guarantee?

The primary purpose of a company limited by guarantee is to provide a framework for non-profit entities, allowing them to operate without the risk of personal liability for their members while pursuing charitable or community-driven objectives.

What information must be reported on company limited by guarantee?

A company limited by guarantee must report information such as its registered office address, details of the directors and secretary, annual accounts, a statement of financial activities, and confirmation of compliance with legal obligations.