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Memorandum Of Association Of Educational Company Template for England and Wales

A Memorandum of Association for an Educational Company is a fundamental constitutional document required under English and Welsh law that establishes the existence of the company and outlines its basic structure and purpose. It sets out the company's name, registered office location, objects clause specifically focused on educational purposes, and details about member liability. This document must comply with the Companies Act 2006 and relevant educational legislation in England and Wales.

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What is a Memorandum Of Association Of Educational Company?

The Memorandum Of Association Of Educational Company is a crucial incorporation document required when establishing an educational institution as a company in England and Wales. It serves as the foundation document that defines the company's existence, its educational objectives, and the scope of its operations. This document is particularly important for organizations planning to provide educational services, as it must comply with both company law and educational regulations. It needs to be filed with Companies House and forms part of the company's constitution alongside the Articles of Association.

What sections should be included in a Memorandum Of Association Of Educational Company?

1. Company Name: Statement of the company's name and registration intention

2. Registered Office: Declaration that the registered office is situated in England and Wales

3. Objects Clause: Detailed statement of the company's educational purposes and objectives

4. Liability Statement: Statement defining the nature and limit of members' liability

5. Share Capital: Details of initial share capital structure and allocation (for companies limited by shares)

What sections are optional to include in a Memorandum Of Association Of Educational Company?

1. Charitable Status Declaration: Required section if the educational institution will operate as a registered charity

2. Additional Educational Objects: Optional expansion of educational activities and secondary objectives

3. Subsidiary Powers: Include if the organization plans to establish multiple educational institutions or branches

4. Special Provisions: Any specific provisions related to educational regulations or requirements

What schedules should be included in a Memorandum Of Association Of Educational Company?

1. Schedule 1: Initial Subscribers: List of founding members/shareholders with their details and signatures

2. Schedule 2: Educational Scope: Detailed outline of educational services, programs, and target demographics

3. Schedule 3: Governance Structure: Organizational structure, management roles, and reporting relationships

4. Schedule 4: Compliance Framework: Overview of educational regulatory compliance requirements and procedures

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents

Jurisdiction

England and Wales

Publisher

Ƶ

Cost

Free to use

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