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 2007.

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 10
• Form 12
• Guidance Note
• Letter to Companies House
• Memorandum of Association

The price of this document package is £49.82 including VAT. The documents are also available to purchase individually.

How to order

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

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

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.