Limited by Guarantee Package - clubs and associations

A company limited by guarantee is the type of company commonly used for a club or an association. The company will have limited liability - the liability of its members being limited to an amount not exceeding £100 which each member undertakes to contribute to the company's assets in the event of it being wound up.

No shares are issued. This type of limited company has members. The members agree to contribute a membership fee or subscription, normally have equal voting rights and elect a board of directors. Any profits (often known as "surpluses") are not distributed as dividends, but may be used to support the activities for which the club is formed.

The process to form a limited by guarantee company is reasonably straightforward. You need to choose an acceptable name, complete and witness the appropriate forms, and send to Companies House with your (£20) registration fee.

The Articles of Association comply with the statutory changes effective from 1 October 2009 but please note: it is not suitable for companies wishing to register as a charity or for companies wishing to omit the word "limited" from the company name.

This package provides all the necessary documents, as well as a guidance note, to enable you to form your own company limited by guarantee in England and Wales or Scotland. Documents included are:

• Articles of Association
• First Directors Board Minute
• Form IN01
• Guidance Note
• Letter to Companies House
• Memorandum of Association

This package is available individually or as part of a Business Annual Subscription or Full Annual Subscription - giving you access to wide range of documents, packages and forms for a single annual fee. The documents can also be purchased individually.

The price of this document package is £49.82 (Word Document) or £74.73 (Word Template) including VAT.

How to order

Choose the format of your package for incorporating a Company Limited by Guarantee:

Word Document (.doc) or Word Template (.dot) 

N.B. The package will be sent to you as a single, email-friendly, zipped file with instructions on how to extract the individual documents.