Any UK Charitable Company is formed as an LBG (Limited by Guarantee) Company. However, UK Charities have some specific requirements they must adhere to. Companies999 offer a Charity Package inclusive of everything necessary for registration as a charitable company.
Your company will be formed in 3 to 6 hours (subject to Companies House workload), after you have provided us with your details on our simple online application. No complicated forms or documents need to be manifested. Inputting your details is a one-off process which takes less than five minutes to complete.
Free access to our easy to use Management Portal enabling you to:
Once your company is incorporated, you will receive an email from us containing the following:
Upon your company's successful incorporation, we will post you copies of the following documents:
A Charity is a Limited by Guarantee company created purely ‘For the Public Benefit’. Any surplus income the company generates will be reinvested into the business, and solely towards the business achieving its goals.
If a Charity company has a shortfall in its assets upon being wound up, the guarantors will have to put forward a guarantee, a nominal amount, stated in the company’s articles. This can be any amount thought fit, however it is usually £1. In a Charity it is not possible for guarantors to take a share of the profits.
To start a Charity, you will need:
The options for Charitable Companies include: