Canoe Wales Open Access


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/ #35 Ltd companies

2014-02-11 10:03

For info, a number of clubs and volunteer organisations are having Ltd put after their name. This comes with certain types of charitable status and does not mean the organisation is minting, nor floating on the Stock Exchange, but that the liability is limited, usually to a pound, for the Trustees and members.

It's the way forward for Canoe Clubs who wish to protect their volunteer committees from onerous financial liabilities. Other benefits include rate limiting to 20% at the moment and gift aiding. An organisation does not need to be registered with Companies House.

Check out Charitable Incorporated Organisation on your favourite search engine or get in touch with me via Bradford and Bingley Canoe Club if you want to know more. www.riveraireguidebook.co.uk

And also if you want a 4m slalom kayak.

Wendy