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0845 834 0269
Head Office
0203 318 3024
info@123contracting.co.uk
The information every
freelance contractor
needs to know!
Company Secretarial
The 123 Way
What is included as standard for a fixed fee of £65.00 + vat per month:
Full Contracting health check - is your business performing as best it could - we'll ensure it is.
If you're new to freelance contracting, we'll ensure you start trading in the right way.
Then you can sit back and relax, your ongoing HMRC & Companies House compliance will be taken care of.
The 123 Way - simple & stress-free.
A Limited Company has certain secretarial and record keeping duties that must be performed by law. The main one is to keep an up-to-date and complete set of Statutory Books. The Statutory Books contain copies of all the official documents and forms that have been filed for the company.
Documents contained in the Company's Statutory Books
When a company is incorporated there are three main documents that are created:
Certificate of Incorporation
This does what it says on the tin - shows that the company exists. You will need this to be able to open a company bank account and for several other duties.
Memorandums & Articles of Association
These are the rules by which the internal management of the company should be carried out. They also govern the relationship between the company and the outside world.
Share Certificate
Depending on the number of share holders, share certificates will be issued for each shareholder, detailing how many shares they own in the company.
Ongoing Company Secretarial duties
Annual Return
The company needs to file an Annual Return with Companies House once a year. This tells Companies House details about the company and its directors and is a public document available to all.
Boar Minutes
The Company must keep board minutes of decisions taken. If as the director of the company you wish to pay a dividend then you must declare this through a board minute. This will then be filed with the Statutory Books of the company and does not need to be sent to Companies House.
Companies House Forms
If any of the directors move house, or the company moves its registered office or trading address, or if a new director joins, or a new share holder invests money in the company - Companies House needs to know. There is a huge range of forms for every eventuality and a copy of each submitted should be kept in the Company's Statutory Books.
The 123 Way includes full Company Secretarial support.
123 Income Illustrator
The 123 Income Illustrator shows you what you can expect to take home from a given contract.
It also compares the differences between freelance contracting through your own Limited Company, through an Umbrella Company, as a Sole Trader or if you were to return to full time employment.
123 Referral
We run a simple referral programme where for every client you refer to The 123 Way we will give you £123.00
For more information check out the link below:
Disclaimer:
This information is for general information only. No responsibility is taken for any action taken or refrained from in consequence of its contents. Always seek professional advice before acting.
Head Office
123 Contracting
77B Broomwood Road
London
SW11 6JN
Part of C M J Accountancy Ltd Registered in England, No. 07349232
VAT no. GB 996 5853 42
Contact Details
info@123contracting.co.uk
0845 834 0269
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