A not for profit organisation is one that does not distribute its surplus funds to its owners, members or shareholders. The funds are instead used to fulfil established goals of the organisation often with a charitable purpose.
Organisations such as charities and service organisations may be organised as a non-profit incorporated body, a trust, a cooperative or as an informal organisation.
We advise charitable entities and regulatory bodies how they can form themselves into companies limited by guarantee and, where required, achieve charitable status with the Charity Commission. The memorandum and articles of association of a company limited by guarantee and by laws of the entity will form a constitutional structure which allows the entity to achieve its goals whilst conforming to the requirements of the Charity Commission.
Our services in this area include:-
- Forming charitable companies limited by guarantee
- Charitable status application and compliance