Charity by Guarantee Formation
A Charity by Guarantee Company is a not for profit company which means that the company is set up not to make any profit. Any profits made will be retained within the company or will be used for a similar purpose. A Charity Company is established as a Limited by Guarantee Company, however it is processed with special approved charity articles which allow your company to run as a Charity.
Our comprehensive packages for a Charity by Guarantee Company are shown below. If any of the packages do not suit your requirements, please contact us and we can tailor make a package to suit your specific requirements.
We can provide a UK Registered Office Address for your company, if required. The Registered Office Services can be ordered during the incorporation process or as an additional service.
Please click here to view the services we offer.
Premium Package A quick and easy company formation, with all the legal documents emailed and printed£64.95
Privacy Package Full legal documents emailed, with full privacy protection on your home address and protection from any fraudulent activity £129.00
Business Package The complete professional package, including everything to start your new business. Smartly bound printed documents£159.00
International (Non-Resident) This package is specially tailored for non UK residents incorporating a company in the UK. Includes all the required addresses and services for you to legally start a business in the UK£149.00
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|Fast Online Formation It’s quick and easy to complete our online application, it takes approximately 3-4 minutes. Your company should be ready to trade in 3 hours, our quickest time is 6 minutes (subject to Companies House).|
|Government Fees Companies House Registration Fees are included in all of our packages and prices. There are no hidden extras.|
|Emailed Certificate of Incorporation A PDF version of your Certificate of Incorporation. This is an official document which confirms your company name and company number.|
|Ready to Trade Company As soon as your application has been approved by Companies House, your new limited company will be ready to trade.|
|3 Months Free Accountancy Accountancy using cloud based software FREE for 3 months. Excluding VAT returns & after 3 months will revert to standard rate|
|Free Google Adwords Voucher (worth £75) For Individual Clients only. We are delighted to offer you an Adwords voucher of up to £75, when you spend £25.00 with Google|
|Emailed Official Company Documents Once your company has been formed we will email you a completed set of your new official company register documents and share certificate.|
|Free Online Company Manager Our Company Manager is linked directly to Companies House. You can view your live company details and make live changes to your company.|
|Emailed Memorandum of Association A PDF version of your Memorandum. This is a statement which shows the subscribers intention to form a company under the Companies Act 2006.|
|Emailed Articles of Association A PDF version of your Articles of Association. The Articles are basically the rules of your company, outline the Director’s responsibilities and provide information on the type of business.|
|Emailed Share Certificate(s) An electronic version of your Share Certificate. This is a legal document which confirms the ownership of the Shares within your company.|
|Emailed Member Certificate(s) An electronic version of your Member Certificate. This is a legal document which confirms the members within your company.|
|Emailed Company Register An electronic version of your Company Register fully completed with the first entries from your company registration.|
|Emailed Minutes of First Meeting An electronic version of a suggested initial board meeting where the initial resolutions for your company were passed.|
|Authentication Code For added security to your company. This code is unique to your company, and can be used to make electronic changes. Not many Company Formation Agents provide this service.|
|Emailed Reminders We will email you to remind you when your accounts and confirmation statement are due, to ensure you will never be late|
|Laminated Certificate of Incorporation The Certificate of Incorporation is an essential document that confirms your company exists. It is recommended that you have a printed version of this certificate which we can laminate.|
|Bound Company Register Includes your Certificate of Incorporation, Memorandum of Association, Minutes of First Board Meeting, Company Register with First Entries and Share Certificate printed and professionally bound together.|
|Laminated Memorandum of Association The Memorandum of Association outlines the subscriber’s intention to form a company under the Companies Act 2006. Therefore, it is recommended that you have a hard copy of this document.|
|Printed Certificate of Incorporation A printed copy of your Certificate of Incorporation included in your bound company register. This is an official document which confirms your company name and company number.|
|Printed Memorandum of Association A printed copy of your Memorandum included in your bound company register. This is a statement which shows the subscribers intention to form a company under the Companies Act 2006.|
|Printed Articles of Association A printed copy of your Articles of Association. The Articles are basically the rules of your company, outline the Director’s responsibilities and provide information on the type of business.|
|Printed Member Certificate(s) A printed copy of your Member Certificate included in your bound company register. This is a legal document which confirms the members within your company.|
|London Wood Green Registered Office This provides your company with a Registered Address located on Wood Green in London, the capital city of the UK. Your address will be protected as our address will appear on public records. The service is for Official Letters, which includes letters from HMRC and Companies House|
|London Wood Green Correspondence Address Our London, Wood Green Correspondence Address service for 1 Director. This address is shown on public records for the officers within your company. Using this will prevent your private address from being displayed on the Public Records|
|Fraud Protection The Fraud Protection service helps protect your company from Fraudsters. This stops most paper documents from being filed for your company, forms can be filed electronically using your unique code.|
|Prestigious London Registered Office This provides your company with a Prestigous Registered Address located on Regent Street in London, the capital city of the UK. Your address will be protected as our address will appear on public records. The service is for Official Letters, which includes letters from HMRC and Companies House|
|Nominee Secretary Protect your identity, CFS will be appointed as Nominee Secretary of your company.|
|VAT Registration Assistance with obtaining a unique VAT Number for your company It is optional to apply for VAT. However, if your taxable supplies exceed £81,000 in 1 year, you must register for VAT|
Why choose a Charity Limited by Guarantee Company?
Usually the main reason a Limited by Guarantee Company is incorporated is for Charity purposes. This Charity Limited by Guarantee Company provides you with the option to select our Articles of Association which have been approved by the Charity Commission. This type of company is a non-profit making company and protects the Directors from personal liability of the company’s debts.
Charity Limited by Shares Company explained
- A Charity by Guarantee Company does not have a Share Capital or Shareholders, they have Subscribers also known as trustees of Guarantors.
- Ideal if setting up a charity, community project or club.
- Does not have a share capital.
- Can be easily maintained by submitting Annual Accounts and Annual Returns.
- Personal assets are not liable if the company becomes bankrupt.
- The company can undertake activities in its own right.
- A company Limited by Guarantee usually does not distribute profit to its members and it has guarantors rather than shareholders.
- We have the software which allows you to adopt/upload your own specific Articles of Association to your company.
Officers within the Company
A Charity Limited by Guarantee Company must appoint at least one director. The director(s) will be responsible for the day to day running of the company. The powers the directors have within the company will depend on what is stated in the company articles.
At least one member must be appointed in the Charity Limited by Guarantee Company. The members usually have the right to vote and attend the general meetings, this means they have the ultimate control over the company as they can appoint and terminate the Directors. The members of a Limited by Guarantee Company can never be changed at the company registrar but can be changed and recorded within the in-house documents.
Members of the Limited by Guarantee Company can have different voting rights which in turn gives them more or less power within the company.
A Charity by Guarantee Company is usually incorporated within 24 hours and ready to trade. However; we have previously incorporated a company within 6 minutes but we are dependent on the workload at Companies House.
Requirements for a Charity Limited by Guarantee Company
To register a Charity Limited by Guarantee Company, you will be required to supply the following:
- The company name including the name ending of ‘Limited’ or ‘LTD’.
- The Registered Office Address located in the UK, we can supply an address if required.
- A Minimum of 1 Individual Director and 1 Subscriber/Member must be appointed.
- 1 Person can be the Director and Subscriber/Member.
- The Officers can be any nationality and reside anywhere in the world.
- Name and Address of the Director and Subscriber/Member.
- Although no share capital is held, one subscriber must be named.
- Articles of Association are necessary and they should include how the company will be run and the regulations it must be followed.
Why use Us for your Charity Limited by Guarantee Company?
We are highly experienced in this type of formation and our start-up team are there to deal with the formation of your Charity Limited by Guarantee Company.
Unlike most Formation Agents and Companies House we have the ability to form your Limited by Guarantee Company electronically, eliminating the need to sign and complete any paperwork.
All details are entered online before placing your order. Before you submit and pay for your company you will be able to review all the company details you have provided and amend anything if necessary. Once your company has been incorporated you will receive your fully completed documents including the Certificate of Incorporation, which confirms the existence of your company and many other fully completed documents.
Our basic package includes all the documents you need legally to start trading with your company.
This is quite unique as most companies charge extra for providing a company register, share certificates, minutes of the first meeting etc.
We have unique software which allows you to adopt/upload your own specific Articles of Association to your company, free of charge or alternatively you can select to use the model articles we provide.