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Post Info TOPIC: annual return


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annual return
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hello
I am doing annual return for private limited company via companies house website.I stuck on this question.
"Prescribed particulars of rights attached to shares" where I get this information from/


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Expert

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You can get this from the memorandum and articles of association but from memory Companies House give a suggestion on the page, which is taken from a generic "off the shelf" company articles.

If they are not the box standard type, then you will need to read them

Bill

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Guru

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Annoyingly they now seem to have removed the suggested sentence from the CH website. You do need to refer to A of A, but there is also a couple of interesting threads on this subject on the Accounting Web forum where various solutions are put forward.

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Jenny

 

Responses are my opinion based on the information provided.  All information should be thoroughly checked before being relied on.

 



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assuming its just a bog standard company the phrase below should cover it (but check your mem and arts):

"All shares rank equally and hold equal voting rights"

should cover most std companies but I dont know your specific circumstances so this is only general advice.



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Forgive the typo's I generally do not proof read. Just lazy I guess!


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I use
All shares issued are non redeemable and rank equally in terms of a) voting rights - one vote for each share: b) right to participate in all approved dividend distribution for that class of share: c) right to participate in any capital distribution on winding up.

Unless the co has anything specific out of the ordinary, this does well for me.

P

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