On 6 September 2011 09:52, Gordon Joly gordon.joly@pobox.com wrote:
I assume that most Members are likely to support these type of changes, for a smooth passage.... LOOKING GOOD!
I agree, I don't anticipate any real controversy.
Interesting to read that a change of objects (company "rules") is needed, when I assumed that the company limited by guarantee (WMUK) was formed to allow a quick and painless transition to registered charity status.
The objects are just one tiny bit of the rules. It's the bit that says what the purpose of the company is. I don't believe any of the procedural stuff is changing.
You may also recall that I suggested a while back that the company could be formed as a registered charity at inception.... but reflecting I recall that that path was delayed by the law not being enacted (although it was in a Bill?).
I will have to look that up....
"Charitable Incorporated Organisation (CIO)" is what it was going to be called, if memory serves. The law was passed, but it hadn't come into force last time I checked. They were still going through various consultation processes to work out the details. I haven't checked recently, though. It was supposed to be done in such as way that it would be easy to transition from a Company Limited by Guarantee to a CIO, so if it has/does come into force, it is still an option. It would reduce the amount of paperwork, primarily (you only need to file with the Charity Commission, not the Charity Commission and Companies House).
Being a CIO wouldn't make it any easier to get Charity Commission approval, as far as I know. It might well mean you can't do anything until you get it, though, which would be a bit of a problem!