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E-Quick Package |
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 £ 42.00 | No Renewal fees | | |
 This is our most popular package with UK residents, and includes:
 Submission of applications that details company's executive officers
Guarantee company formation is usually achieved within 6-8 workday hours (Companies House permitting)
Payment of UK legal and initiation fees
The appointment of your own candidates as directors and secretary (a minimum of two people are required)
The following documents will be e-mailed to you (Note: these documents are to be printed and signed):
Electronic Certificate of Incorporation (PDF)
Electronic Special Memorandum & Articles of Association (MS Word)
Minutes of the First Meeting of Directors (MS Word)
Membership Certificates and company Register
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Economy Package |
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| £ 92.00 | Renewal fees from £50.00 | | |
This is our most popular package with EU residents, and includes:
Submission of applications that details company's executive officers
Company limited by guarantee formation is usually achieved within 6-8 workday hours (Companies House permitting)
Payment of UK legal and initiation fees
The appointment of your own candidates as directors and secretary (a minimum of two people are required)
A registered office address for 12 months, provided by Coddan
An application form for the following year's renewal of the Registered Office Address service (£50.00)
Annual Return and Annual Account reminder
The following documents will be e-mailed to you (Note: these documents are to be printed and signed):
Electronic Certificate of Incorporation (PDF)
Electronic Special Memorandum & Articles of Association (MS Word)
Minutes of the First Meeting of Directors (MS Word)
Membership Certificates and company Register
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Premier Package |
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| £ 141.95 | Renewal fees from £99.95 | | |
This is our most popular package with small business, and includes:
Submission of applications that details company's executive director
Non-profit company registration is usually achieved within 6-8 workday hours (Companies House permitting)
Payment of UK legal and initiation fees
Applicant appointment of director for company (appointed electronically)
A registered office address for 12 months, provided by Coddan
An application form for the following year's renewal of the Registered Office Address service (£50.00)
Nominee company secretarial service for 12 months (next year - £49.95)
The following documents will be posted to you (these documents will be sent via Royal Mail):
The original laminated Certificate of Incorporation
A bound copy of the Memorandum and Articles of Association
The Minutes of the First Directors' Meeting
One (minimum) printed Membership Certificates and Company Register
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Deluxe Package |
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| £ 266.95 | Renewal fees from £224.95 | | |
This is our most popular package with overseas residents, and includes:
Non-profit company incorporation is usually achieved within 6-8 workday hours (Companies House permitting)
Payment of UK legal and initiation fees
A registered office address for 12 months, provided by Coddan
An application form for the following year's renewal of the Registered Office Address service (£50.00)
Nominee company secretary service for 12 months (next year - £49.95)
Coddan provides a company nominee director service for 1 year (next year - £125.00)
The name of the nominee director & secretary will appear as a public record
Annual Return and Annual Account reminder
The following two hard bound copies of corporate documents will be posted to you (Note: these documents are sent to you through Royal Mail Service, and are to be completed upon arrival):
The original laminated Certificate of Incorporation
A bound copy of the Memorandum and Articles of Association
The Minutes of the First Directors' Meeting
One (minimum) printed Membership Certificates and Company Register
A pre-signed, undated letter of resignation from the nominee director
A General Power of Attorney signed by nominee director
An indemnity Letter for General Power of Attorney
A nominee service agreement which provides for the indemnification of the nominees
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| Business Start-Up: Legal Requirements | | |
A guarantee company does not have a share capital.
A guarantee company has Members.
Members are guarantors instead of Shareholders.
A guarantee company can hold property.
A guarantee company can borrow money in its own name.
Guarantee companies are required to have a secretary.
Secretary usually described as the senior administrator.
This person may also be a member or director, but need not be.
A company must have a minimum of one Member.
Members can be corporate bodies or private individuals.
Members can be of any nationality.
The company is required to have a registered office in the UK.
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(click here for other packages)
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| 1. Non-profit company subscribers may be residents outside the UK.
2. You must appoint a minimum of 1 Director.
3. Directors can be corporate bodies or private individuals.
4. A Director can be of any nationality.
5. All companies limited by guarantee must appoint a company Secretary.
6. A Secretary can be of any nationality.
7. If there is only ONE Director he or she CANNOT also be the Secretary.
8. They have legal identities separate from its members.
9. Individual members are almost totally protected against liability.
10. They can buy and sell property in the name of the organisation. |
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- DEAR VISITORS, If you want to become familiar with the description and the contents of UK guarantee company formation packages, offered by our company and to find above, what kind of service is included in this or that guarantee company incorporation package, to get an idea about the price of annual renewal of the service, and about the general legal requirements to the company incorporation within foreign countries, please, select the package you need from the list, situated below the banner. The information in the banner will be renewed according to the package you've chosen.
Please note » The prices payable for the items that you order are clearly set out in the web site. There will be no contract of any kind between you and us unless and until we receive payment from you. We act as your agent in the incorporation of companies and electronic filing of Companies House forms. We are not able to guarantee that any such filing will be acceptable to Companies House, nor are there any contractual obligation upon us to do so. If Companies House rejects incorporation or other electronic filing, we will credit your account with a full refund and the contract between us will be made void. Companies House does not offer a cancellation facility for the incorporation of companies or the electronic filing of documents. We will be unable to cancel any such submission on your behalf and will not refund any payment you have made. All prices shown at Coddan Web Site (www.uk-ltd-formation.co.uk) are in Great British pounds.
Live Help » Live Help is a real time "chat" feature which enables you to interact with a customer service representative without a phone call. Get answers to your questions while using our website. Clicking the "Live Help" button will start an on-line session with one of our representatives. Live Help is currently available during normal business hours. Outside of the above opening hours our business center will be closed. When you click on the button you will see an e-mail form that will allow you to send us a mail with your questions. Live Help is absolutely free! There are no hidden fees. We offer the service as a courtesy to our website visitors.
 Choosing How To Fund-Raise
The choice of fund-raising methods is a matter for trustees to decide. However, charities need to be alert and sensitive to public opinion and criticism. Fund-raising methods which meet with disapproval can damage the charity and reduce public confidence in the sector as a whole.
It is essential to spend time before undertaking any fund-raising exercise to develop a strategy: some forms of fund-raising can be costly and it is important to be sure that the costs will be justified in terms of a realistic return. The strategy will need to cover the following points.
The need for funds - are funds required for a special project or part of the charity's rolling programme of work? How much is needed? Would it be possible to collaborate with other charities operating in the same field to meet the need?
Possible sources of funding - for example, grants from local or central Government, grant-making charities or companies.
The resources available to support fund-raising - fund-raising costs money. Costs can range from producing appeal literature to employing a professional fund-raiser and organising fund-raising events.
The proportion of gross receipts which will be left after fund-raising costs have been met. We strongly recommend that trustees agree, in advance, the likely proportion of the gross receipts which will be spent on the costs of fund-raising. Actual performance needs to be monitored against that target and the trustees should satisfy themselves that the expenditure is justified.
Before committing expenditure to fund-raising it may be useful to obtain advice from an appropriate professional or specialist. The Institute of Fund-raising and the National Council for Voluntary Organisations keep lists of freelance fund-raisers and consultants. The Wales Council for Voluntary Action holds a database of trainers and consultants.
- Accounting For Fund-Raising
The costs of fund-raising are a legitimate matter of public interest. Trustees should ensure that these costs are shown properly in the accounts. They include publicity costs associated with fund-raising or raising the profile of the charity. They do not include costs of purely educational material produced by the charity as a way of achieving its purposes.
- Appeals For Funds
Whatever type of appeal is chosen by trustees to raise funds there are certain points which trustees should bear in mind.
The purpose of the appeal should be clearly expressed. Where the appeal is for general funds then any specific project mentioned in the appeal document should be clearly identified as an example of the charity's work. Care needs to be taken so as not to mislead donors into thinking that their money will only be used for a particular project identified in the appeal literature where this is not the case.
If the appeal is for a specific project then it is very important that there are plans to deal with any unspent money and that these are reflected in the fund-raising document. This will enable trustees to deal with any surplus funds that are raised over the appeal target or if the appeal fails to apply the money which was raised.
We recommend that any funds raised for a special appeal be accounted for separately. One way to do this is to arrange for a separate bank account.
All contributions, as far as possible, need to be made directly to the charity and be under the control of the trustees. Where possible set an end date for the appeal.
- Fund-Raising For Health Service Bodies Or Local Authorities
We recommend that, before arrangements for an appeal are finalised, the fund-raisers discuss with the receiving body the terms upon which the appeal funds will be transferred.
Unless specific terms are agreed that are consistent with the terms of the appeal itself, a fund-raising campaign to provide capital equipment or buildings will have fulfilled its charitable purposes once the equipment or buildings have been provided. Donors will then have no control over the subsequent use of the equipment or buildings which they have purchased, or have assisted in purchasing, even if it is proposed to sell or demolish them soon afterwards. We recommend that any conditions on the future use of the gift be agreed with the receiving body before making the appeal.
- Returning Appeal Money Where Insufficient Funds Are Raised
If your charity has made a public appeal by asking for money for a specific project (for example, a new village hall) and insufficient funds are raised, then unless the appeal specified what would happen to any unused money, it is your duty to try to return any money given by identifiable donors. People who have put money into collecting boxes are presumed to be unidentifiable donors. Money raised by lotteries, competitions etc is also presumed to have been given by unidentifiable donors. Regulations made under the 1993 Act (The Charities (Cyprus Advertisements, Inquiries and Disclaimer) Regulations 1993), explain the research which needs to be carried out to locate donors who are considered to be capable of being identified.
The precise form of words to be used is contained in the Regulations. When the research is complete the procedure is as follows:
Where the donor can be found but does not want their money back they must sign a disclaimer. If there is money left over after advertising to find the donors and after paying identified donors who did not disclaim, we will have to make a Scheme to enable the money to be used for other charitable purposes in the future. These purposes will be similar to the purposes for which the money was raised in the first place.
A reserve fund must be maintained for six months after the Scheme has been made to meet the claims of donors who come forward during that period.
- Fund-Raising Events And Tax
Not all fund-raising events undertaken by charities will be tax exempt. Equally not all events on which there is no tax to pay can be undertaken by charities.
- Is There Tax To Pay On A Fund-Raising Event?
Since 1 April 2000, charities no longer have to deal separately with the Inland Revenue and Customs and Excise to determine whether fund-raising events qualify for exemption. If the event meets the criteria for VAT exemption, then they will automatically qualify for the purposes of the exemption from Income Tax and Corporation Tax. The Charity Commission cannot give detailed advice on these matters: charities should approach either of these departments on matters of taxation.
Under the Value Added Tax (Fund-Raising Events by Charities and Other Qualifying Bodies) Order 2000, there are three key elements in deciding whether there is tax to pay on a fund-raising event. These are:
The event must be organised and promoted exclusively to raise money for the benefit of a charity, or another qualifying body. "Other qualifying bodies" include a charity's wholly owned non-charitable trading subsidiary. The event must be one that can be held for fund-raising purposes. There is a limit to the number of events of the same kind at any one location in any one financial year of the charity.
- Can The Charity Undertake The Event?
A charity's assets have been given for its charitable purposes, and should not be exposed to any serious or substantial risk of loss from fund-raising activities. Risks which might be acceptable commercially will not necessarily be acceptable for a charity to undertake directly.
We therefore strongly advise trustees to take appropriate professional advice before undertaking significant fund-raising events. This is particularly the case if the turnover of the event is likely to exceed the higher of either £ 5,000 or 25% of the charity's income, subject to an overall limit of £ 50,000. It will normally be appropriate for all larger scale activities to be conducted by a trading subsidiary rather than the charity itself.
For example, large scale events such as celebrity concerts, sporting events etc can be a valuable way of raising funds. Experience shows however that they are also risky, and charity trustees should not normally undertake such activities within the charity. Instead, they can be carried out by a trading subsidiary of the charity, and the charity protected from the risk of loss. So charities can still take full advantage of the favourable tax regime a wholly owned trading subsidiary of the charity that pays all its profits to charity will be taxed in the same way as a charity.
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Helpful Resources