Companies limited by guarantee
A guide to the incorporation and structure of a company limited by guarantee (CLG) and the managerial and administrative functions. Includes information about newer types of entities that use the CLG structure such as community interest companies (CICs) and academy trusts.
ICSA Solutions
ICSA Solutions are an innovative series of ebooks that provide immediate access to all the necessary information on a particular topic; offering practical guidance, case studies and time-saving checklists.
ICSA Solutions
ICSA Solutions are an innovative series of ebooks that provide immediate access to all the necessary information on a particular topic; offering practical guidance, case studies and time-saving checklists.
Contents
ICSA Solutions
ICSA Solutions are an innovative series of ebooks that provide immediate access to all the necessary information on a particular topic; offering practical guidance, case studies and time-saving checklists.
ICSA Solutions
ICSA Solutions are an innovative series of ebooks that provide immediate access to all the necessary information on a particular topic; offering practical guidance, case studies and time-saving checklists.
1. Introduction and legal framework
Chapter 1 discusses the legal framework for CLGs and the type of organisations best suited to its structures.
2. Incorporation formalities
Chapter 2 outlines the incorporation formalities for CLGs and includes sections on community interest companies and academy trusts.
3. Directors/trustees
Chapter 3 discusses the appointment of directors and their duties and responsibilities. It also covers charity trustees and governors of academies.
4. Members
Chapter 4 looks at membership of CLGs and factors to consider.
5. Continuing statutory and compliance obligations
Chapter 5 looks at maintaining statutory registers and annual filing obligations. It includes academy accounts and additional filing obligations for CICs.
6. Meetings
Chapter 6 covers meetings and includes board meetings, meetings of governors and academy trusts, CIC directors' meetings, members' general meetings and Annual General Meetings.
7. Case study: Presdales School Academy Trust
Chapter 7 details the conversion of Presdales School to an academy in 2012 and addresses practical issues relating to its directors and continuing obligations.
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By its nature, this guide cannot be comprehensive and while every effort has been made to ensure the accuracy of this work, neither the author nor the publisher can accept responsibility for any loss arising to anyone relying solely on the information contained herein.
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The publication does not necessarily deal with every important topic or cover every aspect of the topics with which it deals. It is not intended to provide legal advice and should not be treated as a substitute for legal advice. Legal advice should always be sought before taking action based on the information provided. The authors bear no responsibility for errors and omissions.
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