Requirements

  • Flexible membership
  • Assurance of non-profit aims for members and landlords
  • Division of capital on dissolution
  • Ability for members to make loans
  • Able to charge membership fees

Structures

Limited Company

  • Companies House

IPS Co-operative (Housing)

Legal Framework

  • Co-operative and Community Benefit Societies Act 2014

Regulation

Duties

  • Annual accounts (non-audited)

Replaces:

  • 1965, 1967, 1975, 1978 and 2002 Industrial and Provident Societies Act
  • Friendly and Industrial and Provident Societies Act 1968
  • Co-operatives and Community Benefit Societies Act 2003
  • Co‑operative and Community Benefit Societies and Credit Unions Act 2010

Creation

Registration

Bank Accounts

resourcecentre.org.uk

Natwest Small Business Bank Account

Fees : 2 years free banking

Requirements : Unincorporated Club mandate

Businessline follow-up: 03457 11 44 77 New Business: 0800 206 1962

Project Management

Co-living Network

Press