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A company limited by guarantee does not have a share capital.
Each member undertakes to contribute to the assets of the
company up to an agreed amount not normally exceeding £1.00
in the event of its winding up or liquidation. They normally
have a non-profit making purpose and are used by clubs of
all kinds, associations and charities.
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Certain non-profit making companies limited by guarantee
are permitted to omit the word 'limited' from the
company name. However, the fact that the company is
limited must be disclosed on letterheads and order
forms.
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The Statutory Package for Companies Limited by Guarantee includes:
- Original Certificate of Incorporation
- 4 bound copies of the Memorandum & Articles
of Association
- Draft minutes of the first board meeting
- Statutory Books (allotments, transfers, mortgages,
debentures,
directors and secretary minutes)
- Form 225 to change the company's accounting
reference date
You can download an application
form (pdf format ) or application
form (Word format) and email it
or post it to us. |
