Re: JEANIE FOUNDATION
Posted: Sun Sep 20, 2009 10:18 am
Jeanie Foundation - Company Type: PRI/LBG/NSC/S.30 (Private, limited by guarantee, no share capital, section 30 of the Companies Act)
Please refer to
Chapter 4
Exemption from using the word 'limited' in a company name
1. Which companies use 'limited' in their name?
Private Limited companies must normally include the word 'limited' or its abbreviation ?ltd? or the Welsh equivalents 'cyfyngedig' or ?cyf? as part of their company name. However, under Section 30 of the Companies Act 1985, some company names do not need to include the word 'limited' if they satisfy the conditions explained in question 2 below.
2. What kind of company can be exempt from using 'limited' in its name?
To be exempt:
- a company must be a private company limited by guarantee;
- the objects of the company must be the promotion of commerce, art, science, education, religion, charity or any profession;
- the memorandum or articles of association must say that any profits, or other income, are to be spent in promoting the company's objects; and
- the company must not pay dividends to members.
Please refer to
Chapter 4
Exemption from using the word 'limited' in a company name
1. Which companies use 'limited' in their name?
Private Limited companies must normally include the word 'limited' or its abbreviation ?ltd? or the Welsh equivalents 'cyfyngedig' or ?cyf? as part of their company name. However, under Section 30 of the Companies Act 1985, some company names do not need to include the word 'limited' if they satisfy the conditions explained in question 2 below.
2. What kind of company can be exempt from using 'limited' in its name?
To be exempt:
- a company must be a private company limited by guarantee;
- the objects of the company must be the promotion of commerce, art, science, education, religion, charity or any profession;
- the memorandum or articles of association must say that any profits, or other income, are to be spent in promoting the company's objects; and
- the company must not pay dividends to members.