If you are interested in setting up an organisation you will need to –
Find trustees/directors, you need a minimum of 3.
Decide what type of structure you would like to use. The legal structures table (listed below) may help and you can also find further information on the various structures available. Have a look and see which one would suit your organisation the best.
- Legal structures table
- Choosing to be a Charity
- Company Limited by Guarantee
- Company Limited by Shares
- IPS Community Benefit Societies
- Community Interest Company
- Charitable Incorporated Organisation
Choose a name for your organisation. You will also need to ensure the name has not already been used on the GOV.UK website.
Create a governing document. Templates for a charity can be found on the GOV.UK website, they also have templates on their for setting up a private limited company or a Community Interest Company (CIC).
For Companies and Charities with an expected income of over £5000 or a Charitable Incorporated Organisation. You will need to register with the Charity Commission or Companies House. Before completing your online charity application you will need to have a clear idea of what your organisation does and the way it operates. They will also require the names (including former) of the trustees, addresses, relevant qualifications, if they are a trustee of any other charity and dates of birth. You will need to have your governing document, copy of your last accounts (if you have them) and a signed trustee declaration available as a PDF file as they must be attached to the application form at the time you submit it.
If necessary you can register for Corporation Tax via the GOV.UK website.