Registered Societies Prefixes and Suffixes as regulated and maintained by the Financial Conduct Authority (FCA).
So, what is the Definition of a Mutual Society? Mutual societies can be defined as being owned and democratically controlled by their members,
The Companies House Prefix RC refers to Royal Charters as granted by the sovereign based on the advice of the Privy Council.
Due to the nature of their structure, some Companies are Excluded from filing their accounts with Companies House, this includes Royal Charters.
A company is defined as a “subsidiary” of another company, if it is controlled by a 'holding', or parent company as defined in the Companies Act 2006
What is the definition of a Community Interest Company (CIC) and how do they differ to Registered Charities or Social Enterprises?
A simple definition of a sole trader is someone who runs their own business as an individual earning in excess of £1,000 a year.
To qualify as small, a group of companies must meet at least two out of three conditions based on turnover, balance sheet and number of employees.
Definition of a partnership for accounting purposes. A qualifying partnership for accounting purposes comes down to several important criteria.
Definition of a Micro-Entity for accounting purposes. Micro entiities disclose less information than Small, Medium and Large companies when filing.
The definition of a medium sized company is based on two of three conditions being met. These are set by the Companies House Act of 2006.
Definition of a small company for accounting purposes. Small companies disclose less information than medium and large companies for accounting purposes.