Charitable Company Members
Use this section to administer the membership of a charitable company limited by guarantee. A company limited by guarantee has no shareholders. Instead it has members, each of whom typically agrees to contribute a nominal sum if the company is wound up. The articles of association say who can be a member and how members are admitted.
What is the difference between members and trustees?
The members of a charitable company are distinct from its trustees, who are also its directors, although in many charitable companies the trustees are the only members. Members vote at general meetings, normally appoint or confirm the trustees and must approve changes to the articles. Documents for trustees are in the other sections of Trustees, Members and Governing Rules.
What documents are in this section?
The Application to Become a Member of a Charitable Company Limited by Guarantee and the Acceptance of Application to become a Member of a Charitable Company Limited by Guarantee record the admission of a new member under the articles. The Certificate of Membership Charitable Company Limited by Guarantee gives the member written evidence of membership.
The register of members that every company must keep, together with letters for collecting the information it must contain, is in the Charitable Company Registers and Statutory Records section.
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