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GORTA UK (A company limited by guarantee) Reports and Financial Statements for the financial year ended 31 December 2017COMPANY NUMBER: SC 272970 CHARITY NUMBER: SC 036100GORTA UK (A company limited

How to fill out companies limited by guarantee

How to fill out companies limited by guarantee

1. To fill out a company limited by guarantee, follow these steps:
2. Obtain the necessary forms for registering a company limited by guarantee.
3. Fill out the company's name, registered office address, and proposed objects or goals.
4. Identify the guarantors who will provide a nominal guarantee amount in case the company is wound up.
5. Fill out the details of the company's members including their names, addresses, and guarantee amounts.
6. Prepare the company's memorandum of association, articles of association, and statement of guarantee.
7. Submit the completed forms, documents, and required fees to the appropriate Companies House.
8. Await confirmation of the company's registration and certificate of incorporation.
9. Once registered, the company limited by guarantee is ready to begin its operations.

Who needs companies limited by guarantee?

1. Companies limited by guarantee are suitable for organizations or entities that do not aim to make a profit.
2. Typically, non-profit organizations, charities, clubs, social enterprises, and sports associations may choose to form companies limited by guarantee.
3. These entities rely on the members' personal guarantees to secure financial transactions or commitments instead of having shareholders or owners seeking financial gain.
4. By forming a company limited by guarantee, these organizations can benefit from a separate legal entity status and limited liability protection for their members.

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What is companies limited by guarantee?

Companies limited by guarantee are a type of company structure that does not have share capital and does not issue shares. Instead, members of the company guarantee to contribute a predetermined amount towards the company's liabilities in the event of liquidation.

Who is required to file companies limited by guarantee?

All companies limited by guarantee are required to file annual accounts and reports with the relevant governmental authority, typically including registered charities, non-profit organizations, and certain private entities.

How to fill out companies limited by guarantee?

To fill out companies limited by guarantee, you need to prepare financial statements, a director's report, and any relevant forms as required by the regulatory authority. This information should detail the financial status and operational activities of the company.

What is the purpose of companies limited by guarantee?

The purpose of companies limited by guarantee is primarily to promote social or charitable objectives without the intention of making a profit for shareholders, ensuring that any surplus is reinvested into the activities of the organization.

What information must be reported on companies limited by guarantee?

Companies limited by guarantee must report information including the company's financial statements, details of the directors, the members' guarantees, and any activities or philanthropy undertaken during the reporting period.