in the united kingdom , a dormant company is a company whose transactions have been limited to payment for shares taken by subscribers to the memorandum of association , fees paid to the registrar of companies for a change of company name , the re-registration of a company and filing annual returns and payment made in respect of civil penalties imposed by the registrar of companies for delivering accounts to the registrar after the statutory time allowed for filing .

under the new companies act there are exceptions for certain companies .

for example , some financial and insurance companies are under obligation to file their full accounts , regardless of their status .

dormant company

similarly , a dormant company cannot pay dividends to shareholders without losing dormant company status .
the formation costs of the dormant company must not be paid be the company itself .
dormant companies are required to prepare dormant accounts and a confirmation statements for companies house every year .
a dormant company that carries on any such activities will forfeit its dormant trading status and be required to prepare full statutory accounts .
. and even if your company is quite dormant we can provide a “going dormant” service . you can find out more at :
a dormant company must submit its income tax return unless the company has been granted waiver of income tax return submission . a dormant company may submit its income tax return by :
hmrc won’t send you another ‘notice to deliver a company tax return’ once they make your company dormant .
there is no formal process to declare a company as dormant . in fact you still have filing duties to adhere to even if the company is dormant .
if the hmrc thinks that the company is dormant it will send a letter stating that they have decided to treat the company as dormant and the company does not have to pay corporation tax or file company tax returns . on the other hand , if an individual things that their company is dormant , they can inform hmrc that the company is dormant for corporation tax
there are a number of reasons why a company may be dormant . a company can be dormant from the moment it’s formed or an existing trading company might become dormant . in essence , a dormant company is one that has had no significant accounting transactions during the accounting period . a significant accounting transaction is defined as one that the company should enter in its accounting records . provided no such transactions occur then the company can have dormant company status .
companies house defines a company as being dormant “where it has had no significant accounting transactions during the relevant accounting period” . the only transactions allowable for a dormant company are :
you’ll still need to file a company tax return online - this will show hmrc that your company is dormant .
you don’t need to pay corporation tax or file another company tax return once you’ve told hmrc your company is dormant .
if dormant company status is lost because of a significant accounting transaction , the company will have to file normal accounts .
of the accounting period . this means that a company is not dormant if for example :
there is currently no time limit on how long a limited company can currently remain as “dormant” .
dormant companies are required to file a company tax return with hmrc if they were previously trading before becoming dormant . companies that are dormant from the date of incorporation do not have to file any tax returns until they become active .
a dormant company needs to file an annual return with companies house every year . the following company details need to be specified :
if the company itself settles an invoice , perhaps one issued by an accountant for preparing the dormant accounts , this transaction must be put through the accounts and the company would cease to be dormant .
however , once again the company must file dormant accounts , an annual return and let hmrc know that it is dormant and a corporation tax return will not be due .
your dormant company still needs to file accounts , but inform direct makes it a really simple process .
in a nutshell , a dormant company is one that is not trading and has no accounting transactions .
warning ! many “dormant companies” with bank accounts will often ( even if not trading ) incur transactions such as bank charges and companies house filing fees which may affect the dormant nature of your company or the ability to file dormant accounts with companies house .
hmrc refers to a dormant company as : “… a company that’s not active , not liable for corporation tax or not within the charge to corporation tax . ” and gives examples of acceptable dormant companies as follows ;
remember also that by definition a dormant company cannot have paid employees as the payroll expense would have to be recorded in the company’s accounting records .
other than this tax return , a dormant company should have no further obligation to contact hmrc until it begins trading or the company is dissolved .
my company is dormant but is gst registered . can i still apply for a waiver of form c - s / c submission for my company ?
here we look at what this means in practice and explain how maintaining a dormant company need not be an administrative hassle . we also look at how keeping hold of a dormant company could be a sensible move for your business .
a dormant company is one that has been registered with companies house but is not carrying on any kind of business activity or receiving any form of income . therefore , hmrc considers it dormant ( or inactive ) for corporation tax purposes . it can be dormant from the date of its incorporation , or it can become dormant after a period of activity .
for companies house , business owners must file a confirmation statement and annual accounts with companies house even if the limited company is dormant for corporation tax or dormant according to companies house . a company is considered dormant by companies house if there has been no significant transaction in the financial year . significant transactions don’t include :
if you plan to restart trading , you must send ‘nil’ ( empty ) vat returns while your company is dormant .
dormant companies may submit to iras a hardcopy application by completing the
application for waiver of income tax return ( form c - s / c ) submission by a dormant company
( 597kb ) .
dormant company accounts . a form consisting of a balance sheet , which shows that the company has not been involved in any significant transactions for the accounting period .
hmrc is notified automatically once a new company has been formed . shortly afterwards hmrc will be in touch with an “information for new companies” pack . complete the special form for dormant companies ‘ct41g – dormant company insert’ . if the company starts trading you must notify hmrc within 3 months .
if your company has stopped trading and has no other income , you can tell hmrc that it’s dormant for corporation tax .
you can check here what to include in your accounts if your company is small and considered as dormant for companies house .
companies house defines a dormant company as one that “has had no significant accounting transactions during the accounting period” . hmrc refers to a dormant company as “one that’s not active , not liable for corporation tax or not within the charge to corporation tax” .
some might confuse the term non - trading with dormant but there is difference between the two . a non - trading company might mean that it isn’t doing any business but still has other accounting transactions being recorded in the books of accounts . on the other hand , a dormant company must not have any accounting transactions . therefore , it can be said that every dormant company can be a non - trader but not all non - trading companies are dormant .
a dormant company performing any such activities will be deprived of its inactive trading status and will have to prepare full statutory accounts .
for sole traders who are setting up a dormant company for the future and / or to protect their name it’s a case of ‘business as usual’ . you should continue to trade as before and make sure you don’t use the dormant company for any transactions .
yes , the company can apply for waiver if it is likely to remain dormant for at least , the next two years .
no , dormant companies do not have to pay any tax until they become active . however , if a dormant company was previously trading , it must pay any outstanding tax liabilities to hmrc from that period of activity .
dormant companies may apply for a waiver via the
apply for waiver to submit tax return ( dormant company )
e - service . this e - service is currently available to companies only and not tax agents .
dormant company status can be a great cost saving to the owners of a company but great care must be taken as just about any financial transactions must be reported in the company accounts . in fact , companies house has defined only the following few , very specific transactions that the company may put through their records and still submit dormant accounts :
in addition you must inform hmrc that the company is dormant so that it does not expect a corporation tax return to be filed .
accountancy fees for managing a dormant company are relatively minor , for example , fd analytical currently charges an annual fee of £85 . 00 to maintain and protect your limited company .
if you register a dormant company limited by shares , the value of the shares can be set to match the amount you have guaranteed to contribute toward the other company’s debts .
a company is dormant if it has had no ‘significant accounting transactions’ during the accounting period . a significant accounting transaction is one which the company should enter in its accounting records .
each company may apply just once for the waiver . if the company has been granted the waiver previously and remained dormant , there is no need to submit the application again .
the payment of shares and guarantees will not be classed as a significant accounting transaction , because these fixed sums of capital are in place when your dormant company is incorporated . however , if it receives any kind of payment for its role as a guarantor , or if the directors or members ( shareholders or guarantors ) of the dormant company receive any income , the company will no longer be considered dormant .
your company or association may be ‘dormant’ if it’s not doing business ( ‘trading’ ) and doesn’t have any other income , for example investments .
you do not have to notify companies house when your company becomes dormant , but you will still have to file a confirmation statement ( formerly known as an annual return ) and dormant accounts every year . the submission of annual accounts is the way in which companies house is informed of a company’s dormant status , so they are notified at a much later date than hmrc .
a dormant company may still be required to submit its financial statements to the accounting and corporate regulatory authority ( acra ) for its annual return filing . for more information on acra ' s filing requirements for dormant companies , please refer to
e - filing via urltoken using the file form c - s / c e - service . select the form for dormant company . there is no need to submit financial statements to iras . to e - file the form for dormant company template , you must first authorise yourself as an
approver
via easy . for more details , please refer to the user guide and tips on e - filing for dormant company .
if you register a dormant company limited by guarantee , the pre - determined sum of the guarantee can be set to match the amount you guarantee to contribute toward the other company’s debts .
don’t unwittingly involve your company in any significant transactions and make sure you keep up with your reporting requirements . in a nutshell , this is what’s needed to stay as a dormant company .
first , the bad news : dormant companies don’t escape the annual filing obligations required of all companies .
a dormant company should not be confused with a non - trading company . a company that is non - trading ( i . e . not carrying out any business ) may nevertheless be involved in other day to day financial transactions . for example , costs such as rent , wages , bank charges or legal fees must be reflected in the company’s accounting records and if this is the case , then even if non - trading , the company will not be considered dormant . remember that a company can only be dormant if it has had no significant accounting transactions during the accounting period .
companies house describes a dormant company as : “…if it has had no ‘significant accounting transactions’ during the accounting period . a ‘significant accounting transaction’ is one which the company should enter in its accounting records . ”
any other types of payments made or received are considered accounting transactions , which would jeopardize the dormant status of a company and the company will have to deal with submission of full constitutional or statutory accounts .
my company is newly incorporated and has been dormant since incorporation . it has not submitted any form c - s / c . can the company apply for waiver of form c - s / c submission ?
in addition to bank charges , earning interest on a bank account will cause a company to lose dormant status since this too will be considered a significant accounting transaction – even if the amount of interest is only a few pence . if a dormant company has a bank account , it is wise to take steps to make sure it neither incurs any charges nor earns any interest . better still , to avoid “accidents” consider whether the dormant company should have a bank account at all .
form your dormant company online with inform direct ' s easy step by step process , which gives you everything you ' ll need - all for just £25 .
no . if a company has been granted a waiver , the company need not file the eci .
a benefit of having dormant company status is that it reduces the statutory burden on a company . a private company that qualifies need only submit to companies house an abbreviated balance sheet and notes . it is not required to file a profit and loss account or directors’ report – although the company may still be required to prepare these for presentation to shareholders . dormant companies are also exempt from the requirement to file a corporation tax return .
to register a new company as dormant or change the trading status from active to dormant , you must contact your local corporation tax office in writing , stating the date from which it has been or will be dormant . you can find these contact details on any official letter from hmrc that has been delivered to your registered office address . alternatively , you can locate your nearest tax office . within approximately 15 days , you should receive notification at the registered office address that states acceptance of this dormant status .
a dormant company must submit its income tax return ( form c - s / c ) unless it has been granted a waiver to file the income tax return .
forming a company at this stage gives you the option of leaving it dormant . you then have the reassurance of being able to switch over easily to trading under that company name once it feels right for your business .
a dormant company that satisfies the qualifying conditions can apply to iras to be released from its obligation to file its income tax return ( form c - s / c ) . the qualifying conditions for the company are :
if dormant company status is lost because of a significant accounting transaction , the company will have to file normal accounts . these will be more detailed and take longer to prepare . a company is much more likely to require the services of a professional accountant in producing them .
generally , a company or organisation is termed dormant if it is not doing business and does not have any other income , for example interests or investments . however , dormant means differently for company tax returns and corporation tax , and annual accounts and returns for companies house in case of a limited company . it’s a likely scenario for a company to be inactive right from its incorporation date , or after operating for a short period of time .
for example you must file dormant accounts at companies house by the due date and file the annual return each year .
in both situations there’s no time cap on this . so long as you keep on the right side of companies house and hmrc you can maintain a dormant company indefinitely .
for entrepreneurs who are yet to make the shift to operating as a company , registering a company with the same name as your business stops anyone else from taking that company name . this prevents confusion for customers and a possible reputational blow for you . maintaining the company as dormant also means it’s ready and waiting for when ( or if ) you decide you’d rather operate as a company .
given how easy it is to unwittingly incur a significant accounting transaction we strongly recommend the owners of dormant companies cover incidental expenses without using the company bank account . they can instead pay them personally or have another company pay them .
date your company became active ( this will be the start of your company’s accounting period for corporation tax ) .
a company can be registered at companies house even if there is no immediate intention for that company to trade .
at any one time there are an estimated 300 , 000 dormant companies on the register . while many are associated with businesses that are approaching the end of their natural lives , others have been set up with the deliberate intention of the company remaining dormant ( for the time being , at least ) .
this is one of the most common query that people have about dormant company . here it is important to understand that companies house status “ active ” does not mean that the limited company is trading ; it just means that the company is “live” and not in liquidation or being struck off .
there in no need to immediately notify companies house when your dormant company becomes active . you will provide notification of your it’s active trading status when the next annual accounts are filed .
after informing your local corporation tax office that it has ceased trading , you should receive a ‘notice to deliver a company tax return’ . this must be completed to cover the period of activity before your company became dormant and to work out the amount of corporation tax your company owes , if any .
a dormant company can be set up as limited by shares or limited by guarantee for the sole purpose of acting as a guarantor of another company and agreeing to contribute a sum of money towards its debts in the event of insolvency . however , to maintain its dormant status , a corporate guarantor must not have any ‘significant accounting transactions’ going through its accounts at any time .
a dormant company is one that does not carry on business and had no income for the whole of the basis period . for example , if a company did not carry on business and had no income for the whole of the basis period ending in year 2016 , it will be regarded as a dormant company for year of assessment ( ya ) 2017 . for more details , please refer to basis period and year of assessment .
if you are intentionally or unintentionally turning your dormant company active you will become liable for a full set of trading accounts and corporation tax assessment for the relevant period . to avoid this hassle the key is not to conduct any transactions through the company .
for example , a company has a financial year ending on 31 dec 2016 . it was dormant for the period from 1 jan to 31 dec 2016 , which relates to ya 2017 . the dormant company cannot claim capital allowances or deduction of expenses incurred from 1 jan to 31 dec 2016 in its ya 2017 tax return . it can , however , bring forward unutilised losses that existed before ya 2017 to be utilised in future yas ( where it is no longer dormant ) , if it fulfills the shareholding test .
company history : your company history begins as soon as the company is incorporated ( or “formed” ) when starting a new company if it was only recently formed , this can sometimes create difficulties when , for example , pitching for business – you would like to project the image that your business is well established , but it is difficult to do this if the company was only formed 6 weeks ago ! forming the company early on in the process , and maintaining as dormant can assist with this process .
there can be several reasons for a company to be inactive – to reserve a company name , to reorganise a previously active business ; or any other basis . it is possible for a limited company to stay dormant for an undefined period , but the local corporation tax office needs to be notified as soon as possible .
yes , a dormant company can do so if the donations were made to an approved institution of a public character ( ipc ) or to the singapore government for the benefit of the local community .
it can remain dormant for any length of time , but you must inform your local corporation tax office as soon as possible and maintain a number of statutory obligations for companies house , including filing annual returns and dormant accounts , reporting changes to registered company details , and keeping records up - to - date and available for public inspection .
it is advisable to avoid opening a business bank account whilst your company is dormant . if it previously traded , it would be a good idea to close any business bank accounts to avoid any bank changes being applied to the account or unexpected payments being made , both of which would forfeit your company’s dormant status . any incidental payments you may require making can just be paid from a personal account .
my company owned investments ( e . g . real properties , fixed deposits and foreign shares ) during the year ending on 30 jun 2016 . however , the company did not carry on business during the same period . can my company complete the income tax return ( form c - s / c ) as a dormant company for ya 2017 if it only received interest income from the fixed deposits ?
. however , if the income received is a one - off transaction and the company will continue to remain dormant , you may submit a letter to iras explaining as such and attach the company ' s financial statements and tax computation for that relevant ya with the letter .
if you have a private limited company that doesn’t need an auditor , you could file your companies house accounts and hmrc company tax return together , using company accounts and tax online ( cato ) .
a ct600 corporation tax return to be filed with hmrc ( although if you contact hmrc in writing explaining that the company is dormant , they will often waive the requirement of a corporation tax return until trading begins ) .
once the business owner decided to change the status of the company from dormant to active , it’s imperative to inform the hmrc within 3 months of performing any form of business activity or receiving any payment . if the company has never been trading , it should be registered for corporation tax online . hmrc will expect the company to provide the following statutory details :
fees paid to the registrar of companies for a change of company name , the re - registration of a company and filing annual returns .
all other types of payments made or received are considered ‘significant accounting transactions’ , which would jeopardise the dormant status and require the submission of full statutory accounts .
a company owned investments ( e . g . real properties , fixed deposits and foreign shares ) during the financial year ending on 30 jun 2016 . however , the company did not carry on business and had no income from its investments during the same period . the company will be regarded as a dormant company for ya 2017 and would need to submit its ya 2017 income tax return ( form c - s / c ) by :
recognising the distinct status of non - trading companies and dormant companies , companies house provides a separate sic code for each . the standard industrial classification ( sic ) code describes the main business activity of the company and must be included when forming a company ( from 30 june 2016 ) and , where not previously advised to companies house , detailed in the confirmation statement . for non - trading companies the appropriate code is 74990 and for dormant companies 99999 .
there are many reasons why a company may be dormant – to reserve a company name whilst preparing to launch the business ; restructuring a previously active business ; or an owner requires an extended period of time off due to illness , maternity leave , travel , a sabbatical , or any other reason .
submitting a hard copy of the income tax return ( form c - s / c ) . the dormant company need only complete page 1 of form c - s / c and need not submit its financial statements to iras .
trading includes buying , selling , renting property , advertising , employing someone or getting interest . hmrc has detailed guidance on what counts as dormant for corporation tax .
you must still file annual accounts and a confirmation statement ( previously annual return ) - exactly what you must do depends on if you’re dormant for companies house .
dormant companies are far from ‘high maintenance’ commitments . want to find out how setting one up is much easier than you think ? check out our formation packages .
no . as the company was in receipt of interest income in the financial year ending 30 jun 2016 , it will not be regarded as a dormant company for ya 2017 . hence , it has to complete all pages of the income tax return ( form c - s / c ) for ya 2017 .
the revenue focuses ( unsurprisingly ) on tax . it defines a dormant company as one that is “not active , not liable for corporation tax or not within the charge to corporation tax . ” this includes new companies that haven’t started trading yet .
every company must file a confirmation statement ( which replaced the annual return from 30 june 2016 ) at least once every 12 months . for this companies house charge a fee – currently £13 . the payment of this fee , by the company from its own resources , would again not be classified as a significant accounting transaction . in addition to the confirmation statement fee companies can also pay a fee on changing the company name and / or a re - registration fee : these too can be put through the company accounts without loss of dormant company status .
for the very simplest dormant companies , those that have not traded since incorporation and where the only transaction recorded is the issue of subscriber shares , companies house has reduced the filing burden further still . they have produced form aa02 ( also known as form dca ) – a highly simplified dormant company accounts template . to qualify for this simplified submission , fees , such as the companies house confirmation statement filing fee , must have been paid by a third party without right to reimbursement from the company .
warning ! even though the company is not trading , late returns and filings will incur the same fees , penalties and repercussions as a “live” trading company .
confirmation of any new appointments / change of details of current company officers ( e . g . if you add or remove a director or company secretary ) .
even in the case of dormant companies directors are still required to supply certain information to companies house each year . failure to do so is a criminal offence and will result in a penalty and in some cases can also result in the company being struck off the register .
in the course of setting up and running any company , business owners regularly come into contact with two public bodies : the uk’s central register of companies ( companies house ) and , of course , the tax man ( hmrc ) . there’s a subtle but important difference between the definition of a dormant company from the point of view of these two organisations :
so , is a dormant company something for you at this stage ? it’s worth serious consideration if you want to protect your business name , but don’t treat this as an ‘easy alternative’ to trademarking . there’s also a lot to be said for getting everything in place well in advance of the point in time when you feel ready to trade as a company .
paying fees to companies house for filing a confirmation statement and changing the company name .
my company was granted a waiver of form c - s / c submission previously , but the company has received income this year . what do i need to do ?
in addition , if you appoint a new director to the company you need to complete and file form ap01 . if a director resigns from the company notification should be given to companies house using form tm01 , but you must be careful to ensure that the company has at least one director at all times . notification of a change of registered office address for the dormant company is dealt with by submitting form ad01 . these notifications should be given within 14 days of the change ( it’s quicker and easier to file the relevant forms online ) .
there are lots of reasons why the owner of an existing company may choose to call a halt on trading . this could be down to a decision to shift focus to another venture for instance or to take time out for personal reasons . does this mean that the company needs to be wound up ? not necessarily . compared to dissolving the company and then having to apply to have it restored to the register if circumstances change , keeping it alive as a dormant company is a cost - effective and relatively easy way of leaving your options open .
are you keen to protect the emerging brand name of your fledgling business ? perhaps you are still in the planning stage with an eye on operating as a limited company in the future ? these are just two of the situations where setting up a dormant company can make sense for a startup . so what’s involved and is it worth it ? here’s what every entrepreneur needs to know…
if a company is late in filing its accounts then hmrc will issue an automatic penalty . the company can pay this penalty and it will not classify as a significant accounting transaction .
to start , enter your company name to see if it ' s available . . .
certain fees paid to the registrar of companies : i . e . for filing annual returns , for the re - registration of a company or for a change of company name .
when a company is incorporated the very first shareholders – often called the subscribers – will usually pay or agree to pay something for their shares . the company needs to account for this . so , if four initial subscribers each paid £1 . 00 for a £1 . 00 share then the company would have a paid up capital of £4 . 00 . this would be represented by an asset , generally recorded as cash in hand of £4 . 00 . the receipt of this £4 . 00 would not be a significant accounting transaction and dormant company status would not be jeopardised .
dormant companies must also ensure statutory records are kept up - to - date and made available for public inspection at the registered office or sail address . any changes to the registered details of a company must be reported to companies house as soon as possible . the public record will be updated accordingly .
are you a safe bet for investors or recipient of bank finance ? having a dormant company in place can help to show that you are organised , that you’re thinking ahead and you’re confident of your business meeting its milestones . and that ultimately you may need to alter the structure of the business .
if and when you are ready to make your dormant company active , you must contact hmrc within 3 months of carrying on any kind of business activity or receiving any form of income . if your company has never traded before , it must be registered for corporation tax online and you will be required to create a government gateway account . hmrc will ask you to provide the following statutory information :
before declaring your company as dormant , you should ensure all outstanding bills have been paid , including directors’ salaries , employees’ wages , shareholders’ dividends , direct debits for service providers , and all accounts with suppliers . if it is owed any money from clients , you should arrange to have these accounts settled .
filing confirmation statements ( these used to be called ' annual returns ' ) may sound like a time - consuming burden , but with dormant companies this need not be the case . essentially , you are ‘checking in’ with companies house each year to confirm whether anything has changed . reminders are sent well in advance – and with webfiling the in built checks and pre - populated data stop you from missing essential information . for more info on how this works , see our article entitled ' filing dormant company accounts ' .
standard industrial classification ( sic ) code ( the nature of your company’s main business activities ) .
accounting reference date ( ard ) ( the date to which your company accounts will be prepared ) .
once a company has been granted a waiver from a specific date , the company will not be issued with form c - s / c from that date onwards . as such , a company whose waiver application had been approved will not need to submit the application form on a yearly basis to iras .
a company that will never trade because it has been formed solely to hold an asset such as property .
while item 1 above is fairly obvious and unlikely to cause any issues , take care with items 2 and 3 to avoid triggering a significant accounting transaction . this may occur when the sums demanded require payment from an account : if there is a cost of making the payment , such as a fee for processing a cheque , then this cost , however small , will be considered a significant accounting transaction and would cause the company to lose dormant company status .
if your company was previously trading , hmrc will send a ‘notice to deliver a company tax return’ after you have contacted your local corporation tax office . this must be completed for the corporation tax accounting period prior to it becoming dormant . it must be delivered to hmrc online . you will have to pay any corporation tax that it owes if it made a profit during that time . you should also close down your payroll and cancel your vat registration , if applicable .
any such transactions will mean that the company has to file accounts and corporation tax returns in the normal way .
for active companies that wish to become dormant it’s a matter of winding down existing financial arrangements . typically , this involves making sure that all existing customers are aware that you are ceasing trading through the company and terminating any outstanding contracts . the payroll must be closed and a set of final accounts needs to be drawn up , including payment of any outstanding corporation tax .
the provided information will be added to the hmrc’s records and determine the company’s accounting period for corporation tax . this will run from the date the company starts to trade , until the ard of the company’s annual accounts . hmrc will send a letter to the company’s registered office address with details of deadlines for paying corporation tax and filing company tax returns . the business should maintain correct records ( business as well as accounting ) to complete these tax returns and determine the company’s tax liabilities . also , a company might consider appointing a tax advisor or an accountant like dns accountants to assist with such matters . in case a company employees staff , it will have to register as an employer for pay - as - you - earn ( paye ) . moreover , the business will have to register for value added tax ( vat ) , presuming its annual turn - over will surpass £82 , 000 ( 2015 - 16 thresholds ) .
the company needs to cancel its gst registration before applying for a waiver of form c - s / c submission .
hmrc will add this information to their computer records and work out your company’s accounting period for corporation tax . this will run from the date it begins trading , up until the accounting reference date ( ard ) of your company’s annual accounts .
an annual return , incorporating a balance sheet and including a declaration that the company has been inactive throughout the accounting period .
once the application is approved , the company will not be issued with a form c - s / c in future .
now , the good news : these requirements are actually pretty straightforward . after all , there is essentially nothing happening with a dormant company , which means there’s very little in the way of substantive information to deal with . online filing is a real timesaver too . with webfiling most of the forms are auto - completed for you and there’s no possibility of the forms getting lost in the post .
the good news is that , with the right help , setting up a company can be a quick and pain - free process – without an accountant’s bill in sight . if you need more advice before making the move toward company formation , check out the articles in our help centre or get a step - by - step break - down by reading our company formation guide .
it is suggested that business bank accounts should not be opened while the company is inactive . in case the company was trading previously , it is advisable to close any business bank accounts to avoid any bank charges or unforeseen payments being made , both of which would alter the company’s inactive status . any minor payments that may need to be made can be done from a personal account .
knowing exactly how to account for your company is vital – getting it wrong could result in a fine . we can help with our
under “view corporate tax notices” . to view the letter , please ensure that you are authorised for “corporate tax matters” for the company via
the waiver is not applicable to a foreign company or a foreign company ' s singapore branch which is registered with the accounting and corporate regulatory authority ( acra ) . such entitles are required to notify acra once they cease to carry on business in singapore so that acra can remove the company / branch from its register . this is in accordance to section 377 ( 1 ) of the companies act .
company no . 07887285 . registered office address : clydesdale house , 1 - 5 queen street , ipswich , suffolk , ip1 1sw , england .
if you set up a new company but the company has not yet started trading you need to notify your local corporation tax office . if you start trading you must inform hmrc within 3 months of starting your tax accounting period . this hmrc guide provides further details and links to the hmrc online registration service .
you will be notified of the outcome of your application in writing at the company ' s registered address within two months from the date iras receives the waiver application .
you will receive a letter at your registered office address with your company’s deadlines for paying corporation tax and filing company tax returns . you must maintain accurate business and accounting records to be able to complete these tax returns and work out its tax liabilities . you may wish to consider appointing an accountant or tax advisor to help with such matters .
any unutilised donations arising from a ya can be carried forward to subsequent ya , up to a maximum of five years and subject to the company meeting the shareholding test .
company name protection : if you form your limited company with the name “xyz limited” this name is protected – nobody else can obtain this name or trade as “xyz limited” . this may be particularly useful if you trade as a sole trader and don’t want a competitor to take a similar ( or the same name ) and capitalise on your brand and goodwill .
the annual return . a standard form ar01 which gives a snapshot of current information concerning your company . there’s a charge of £13 if you file this online , or £40 by post .
as a sole trader your business is gaining ground and you’re starting to get market recognition . so far , so good . but what if someone else registers a company with the same name ? worse still , even if that business is outside your niche , what happens if the internet is suddenly peppered with poor reviews for a limited company with the same name as your business ?
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the co-operative group , trading as the co-op , is a british consumer co-operative with a diverse family of retail businesses including food retail ; electrical retail ; financial services ; insurance services ; legal services and funeralcare , with in excess of 4,200 locations .

it is the largest consumer co-operative in the uk and owned by more than 4 million active members .

membership is open to everyone aged 16 and over in the society , provided they agree to subscribe £ 1 sterling in the capital of the society out of their first share of the profits and share the values & principles upon which the group was founded .

members are democratically involved in setting business strategy , decide how social goals are achieved , and share in its profits - in the 2016 £ 19m was returned to members and their chosen local community causes via the 5 +1 scheme .

no year end dividend was paid in 2015 .

the co-operative group has over 70,000 employees across the uk .

the group has headquarters in noma , manchester on a listed eight-building estate which includes its head office one angel square , the cis tower , hanover building , new century house and redfern building .

the group also manages the co-operative federal trading services , formerly the co-operative retail trading group ( crtg ) , which sources and promotes goods for food stores of the co-operative movements of the uk .

it introduced the co-operative brand in 2007 , which is used by many consumers ' co-operatives in the uk and managed by the group .

it replaced this for its own businesses with a revitalised version of its late 1960s " co-op " logo in 2016 .

the business has long established itself as an ethical retailer , allowing women the same democratic rights within the society as men since its founding and was the first major uk retailer to champion fairtrade .

the co-operative group has also pioneered a number of other initiatives which are now commonplace , including easily-interpretable providing nutritional information on its own brand food , raising animal welfare standards , install their own renewable energy generation and investing significantly in community projects ( 1 % of members ' own-brand spend goes to a local cause of their choice ) .

it has held the fair tax mark since 2015 .

the co - operative group

in 2000 , co - operative wholesale society and the co - operative retail society merged and in 2002 it changed its name to the co - operative group .
we were born from the co - operative movement . we continue with co - operative values .
the co - operative group has decided to continue financially supporting the co - operative party , which has strong ties to labour .
the successful sale of our farms business is another important development for the co - operative group ,
said richard pennycook , interim group chief executive of the co - operative group .
the co - op group has its origins in the co - operative consumer societies started by the rochdale pioneers .
the co - operative group is the fifth - largest retail grocery chain in the uk , with thousands of co - op minimarkets throughout the united kingdom . right : the co - operative group head office in manchester . ( image source : co - operative group / wikimedia commons )
the co - operative group has officially opened its £22m new distribution centre in avonmouth .
the board asked the members of the co - operative group whether they wanted to continue financially supporting the co - operative party , or any other party .
the co - operative group announces the results of the vote for each agm resolution as follows .
learn more about our co - operative structure and why co - ops are better .
the co - operative group has 3 . 5 million members , while united co - operatives has 930 , 000 .
brian edmiston is manager of the co - operative food store in helensburgh . the co - operative group is recognised for its leadership on green and ethical issues .
benefit a local community in which at least one co - operative group business trades in .
sir graham melmoth , former chief executive of the co - operative group . photograph : don mcphee
over the next century , cws went through many changes and eventually became the co - operative group .
the co - op donations support the co - operative party , which in turn supports labour mps .
the wales co - operative development and training centre limited ( trading as the wales co - operative centre ) is a registered society under the co - operative and community benefit societies act 2014 , number 24287 r .
address : the co - operative group customer relations freepost mr9473 manchester email : customer . relations @ urltoken
the co - operative wholesale society establishes a ‘loan and deposit department’ twenty - eight years after forming the rochdale equitable pioneers co - operative society .
the troubled co - operative group has sold its farms business for £249m to health charity the wellcome trust .
judges praised the co - operative group , saying it “continues to set the pace” in corporate social responsibility .
the co - operative group has over 70 , 000 employees across the uk . the group has headquarters in manchester on a listed eight - building estate which includes the cis tower , hanover building , new century house and redfern building . the group’s head office is one angel square which opened in 2013 . the group manages the co - operative brand and the co - operative federal trading services , formerly the co - operative retail trading group ( crtg ) , which sources and promotes goods for food stores of the co - operative movement .
the co - operative group has become the first major european supermarket group to end trade with companies that export produce from illegal israeli settlements .
bbc business editor kamal ahmed says that in effect , the board is asking the members of the co - operative group whether they want to continue financially supporting the co - operative party .
having swung back to profit in 2017 , the co - operative group now wants to better communicate its work championing causes that makes a co - operative different to other businesses .
last year the co - op group gave £625 , 000 to the co - op party .
the co - operative group has unveiled its governance reform proposals as it aims to modernise and professionalise the business .
the co - operative group will begin to deliver membership cards today as it continues efforts to revitalise the company .
the co - operative group today held its annual general meeting , the results of which are detailed below . attendance at both meetings is open to the appointed delegates of independent society members and co - operative group regions only .
the co - operative group has adopted the co - operative brand which is used by many consumers’ co - operatives in the uk to provide a consistent experience for customers using the majority of co - operative stores in the uk . the co - operative group is by far the largest of the consumers’ co - operatives which collectively are often referred to in the uk as the co - op . the business operates over 3 , 500 outlets and its slogan is “here for you for life” .
the co - operative group ( co - op ) , the uk ' s fifth largest supermarket chain , has agreed to buy rival somerfield .
the co - operative movement is also linked to the co - operative party , a political party with close links to the british labour party , a relationship that dates back to the co - operative congress held in 1917 , which eventually led to an agreement between the co - operative party and the labour party to elect joint
labour co - operative
candidates . at the last general election in 2015 , 21 members of parliament were elected on the labour and co - operative ticket .
the community energy challenge was part of the co - operative’s clean energy revolution campaign .
the co - operative group ( “the group” ) announces that its members have today voted unanimously in favour of a resolution on governance reform proposed by the board .
co - operative group chief executive richard pennycook ( left ) and chair allan leighton . photograph : andy tyler photography / the co - op / pa
millions of members of the co - operative group will vote next year on whether to withdraw £1m in annual funding from the co - operative party , as a public survey cast doubt over the financial link .
the first retail co - operative was founded in rochdale in 1844 as the rochdale pioneers society , which is now part of the united co - operatives group .
cws merged with co - operative retail services in 2000 . melmoth said the merger with united co - ops in 2007 was the root of the group’s troubles .
the purchases regulations , together with the appendices , are the regulations approved by the board and the council of co - operative group limited .
being a member of the midcounties co - operative is now more rewarding than ever .
a co - operative group spokesman said it was too early to say if a merger would result in job losses .
as the political party of the co - operative movement , we work to ensure a political voice for co - operatives , and to make the case for co - operative ideas in our economy and wider society .
in 1863 , independent co - op societies formed the co - operative wholesale society ( cws ) . they provided co - op products to sell in hundreds of co - op stores .
the co - operative bank , smile and britannia are trading names of the co - operative bank plc , which is a member of the financial services compensation scheme ( fscs ) .
promoted by claire mccarthy on behalf of the co - operative party , both at 65 st john street , london ec1m 4an . co - operative party limited is a registered society under the co - operative and community benefit societies act 2014 . registered no . 30027r
central england co - operative is one of a number of retail co - operative societies trading under the
co - operative
banner , but we are entirely independent from them . we subscribe to co - operative values and principles of co - operatives , and we have the benefit of the group branding and great bargaining power , but we are a regional business working in the best interests of our local customers and community .
they included representatives of the regional co - ops , elected by members , and delegates from independent co - operative societies .
the boards of the uk ' s two biggest co - operatives have agreed the terms of a merger that would form the world ' s largest consumer co - operative group .
euan sutherland resigned as co - operative group chief executive after presiding over an organisation shake - up . photograph : david levene
home group limited is a registered society under the co - operative and community benefit societies act 2014 ( registered number 22981r ) .
the co - operative group said all of its own - brand fish complied with its
strict
responsible fish sourcing policy .
the co - operative group has revealed it made a profit of £124m in 2014 compared with a loss of £255m the previous year .
jim lee explains why farming could be the next positive step for the co - operative group . photograph : john moore / getty images
tick this box to receive information from central england co - operative . please note we
write and make your concerns known to your region’s representatives on the chair of the co - op group board : len wardle , chair , co - op group board , c / o co - operative group , new century house , corporation street , manchester , m60 4es .
a co - op member is an individual member of s group ' s co - op membership system .
by 1900 there were over 1 , 400 separate independent co - operative businesses in the uk , all members of a wider co - operative movement . during the 1900s , many of these independent societies began to merge . one of the most significant in recent times was in 2000 , when the co - op group was formed following the merger of the co - operative wholesale society and co - operative retail services . this was followed in 2007 by the merger of united co - operatives with the co - op group . in 2009 the co - op food business acquired somerfield , a rival food business .
the need to offload the farms should be seen as an opportunity to engage with members and encourage them to provide co - operative capital . the co - operative group is massive and has the infrastructure to make such a scheme viable .
the uk ' s co - operative group is closely linked to - - and a major funder of - - the co - operative party , which has an electoral pact with the labour party , the uk ' s official opposition .
knowing i’m part of the co - operative community that built and benefits from our renewable energy gives me hope for the future .
richard benwell , westmill solar co - operative member
co - operative stores’ profits were offset by the writedown in the value of co - op bank . photograph : yui mok / pa
of course , the other solution that the co - operative sector favours is building more co - operative housing , and that is the fundamental solution to that issue . give people a choice .
the co - operative group is the only major british retailer to boycott israeli goods . it is the fifth - largest retail grocery chain in the uk , with thousands of co - op minimarkets throughout the united kingdom . the co - operative group ( formerly known as the co - operative wholesale society ) is closely linked to - - and a major funder of - - the co - operative party , which has an electoral pact with the labour party , the uk ' s official opposition . the co - operative party has , like the labour party itself , been infiltrated by a strong anti - israel faction .
icm ( 2012 ) . commissioned on behalf of co - operative group cited in carbon connect ( 2012 ) . distributed generation .
the co - operative group was named responsible retailer of the year ahead of other shortlisted businesses including marks and spencer , asda and morrisons .
the co - operative group’s chairman , allan leighton , has insisted the business was making “stellar progress” despite slumping more than £130m into the red .
the co - operative group deeply regrets the breaches but reiterates the measures now in place ensure the safety of its valued customers and staff .
if the current ideas put forward by the myners review are accepted next month , the co - operative group will set out on a pathway by which it will cease to be a co - operative owned and controlled by its members .
development of clinical trials in a cooperative group setting : the eastern cooperative oncology group .
the proposed governance structure also has the support of co - operatives uk . the independent body for the co - operative sector , recognised by the international co - operatives alliance as the apex body for all uk co - ops , has backed the new structure as being more inclusive for group members while maintaining a clear recognition of co - operative values and principles .
the co - operative group is the uk ' s largest , with an annual turnover of £8bn . united co - operatives has a turnover of £2 . 5bn a year .
co - operative values and ethics were embedded in the bank’s articles of association for the first time .
thomas cook ' s online operation is not included in the merger with co - operative travel .
if you ' re not yet a member of central england co - operative . . .
the troubled co - op group has confirmed it will sell its 774 - strong pharmacy chain for £620m to bestway group .
[ 0 : 57 ] the customers own the co - op , therefore it is the customers who get the benefits of co - operative trade .
this article was corrected on 11 april 2015 because it erroneously referred to richard pennycook’s involvement in the recruitment of co - operative group executives .
co - operative group , uk ' s fifth - largest food retailer , to boycott exports from illegal israeli settlements in west bank .
in 2013 , a scandal hit the co - operative bank , when it was discovered that there was a massive shortfall in funds due to corruption and mismanagement at the top . the co - operative group suffered a terrible financial blow , losing many millions of pounds . this resulted in an entire re - organization of the co - operative group , including the sale of the pharmacies and most of the co - operative bank ( the co - operative group still has a 20 % share but the bank has demutualized , meaning it is now mainly owned by a hedge fund and is no longer a mutual fund owned by the members ) .
commenting on the acquisition , martin beaumont , chief executive of the co - operative group , said :
this deal establishes the co - operative group as the uk ' s leading convenience store operator . following the successful integration of co - operative wholesale society and co - operative retail services , like - for - like sales in our welcome convenience stores are running at 7 per cent up - well ahead of the market - while profitability in food retailing has more than doubled since the merger .
john anderson , director , government affairs , public policy , canadian co - operative association : i welcome this opportunity to talk to you along with my colleague , mr . gazzard , the executive director of the co - operative housing federation of canada . chf canada is one of our 34 members , which also include co - operatives and co - operative federations encompassing all the major credit union centrals , the co - operators group limited , retail co - operatives such as federated co - operatives limited , co - op atlantic , growmark and mountain equipment co - op , agricultural co - operatives such as gay lea and the united farmers of alberta , as well as health and worker co - operative federations .
co - op group plans asset sales to reduce £1 . 3bn debt - telegraph
there had been concerns among some members that the changes could damage the ethos of the co - operative movement .
the co - operative group is rolling out compostable carrier bags to hundreds of its stores nationwide , in what it claims is an industry first .
the co - operative has unveiled plans to bring back an annual payout for its millions of members .
for more information about the history & constitution of central england co - operative , see about us .
he said members would probably have elected dame pauline green , the president of the international co - operative alliance ; and nick eyre , the co - op’s former group secretary , but they were eliminated from a group of six candidates put forward by the co - op’s members’ council .
the co - operative group was named responsible retailer of the year for the second year running by retail week . debbie robinson , from the co - operative food , who picked up the award on behalf of the group , is pictured with sponsor chris wakerley from boxwood ( right ) and tv personality jimmy carr .
the co - operative retailing system ( crs ) began in 1928 when locally owned retail co - operatives worked together to form provincial wholesales in order to expand their buying power . these co - operative wholesales in the four western provinces , along with the
there is a great muddling , both in the myners review and in recent mainstream media reporting on the co - operative group , of two fundamental elements of co - operative governance ; namely the need for appropriately qualified people to be in charge of running the business ( “competence” ) , and the ownership and governance structure of a co - operative which is based on elected representatives ( “representativeness” ) . both are essential for a successful and sustainable co - operative business .
the co - operative group has scooped two titles at the prestigious retail week awards , including being named responsible retailer of the year for the second year in succession .
manchester - based co - operative group and rochdale - based united co - operatives have a combined workforce of more than 87 , 000 staff and more than 4 , 500 sites .
the wind farm is generating about 45 million kw hours per year and makes up over 5 % of the co - operative group ' s electricity needs .
the co - operative group announces a number of changes at board and executive level , further strengthening governance and oversight and building on the reforms of 2015 .
the co - operative group is also working with its suppliers to ensure they fulfil their obligations under reach including the possible restriction and substitutions of certain chemicals .
former co - operative group boss euan sutherland is to take charge of the company behind fashion label superdry as its founder moves to a new role .
he co - operative group has announced a major overhaul of its branding and membership structure as britain’s largest mutual attempts to restore its battered reputation .
steering op financial group and implementing the group strategy in line with the principles issued by the supervisory board .
[ 0 : 33 ] the co - operative society have baked biscuits and made shoes ever since 1873 , milling flour since 1891 , producing co - operatively to consume co - operatively .
100 % fairtrade own brand and delivering additional support to smallholders in kenya through co - operative development .
the receivers brought in to find a buyer for ailing convenience store group alldays have announced the sale of the group to the co - op for £131m .
the co - operative group is the uk’s largest co - operative business , whose purpose is “championing a better way of doing business for you and your communities . ” owned by over eight million members , the co - operative group operates a total of 4 , 500 outlets , with around 87 , 000 employees and has an annual turnover of £11 billion with interests across food , funerals , insurance and legal services .
the co - operative group is still recovering from a period of financial mismanagement and some members have recently expressed concerns about how elections to the board are chosen .
the office of fair trading ( oft ) is to investigate a move by thomas cook and the co - operative group to merge their high street travel businesses .
the co - operative group is large and diverse . it has a number of different businesses serving a number of markets . its businesses range from food , banking and travel to insurance and legal services . it also includes online shopping and funeral directors . the recent acquisition of somerfield means that the co - operative group now has around 3 , 000 food stores in the uk . food retailing today accounts for approximately 50 % of the total turnover of the co - operative group .
the requirements of customers drive the co - operative to develop new goods and services . following consultation with its customers , the co - operative introduced an honest labelling policy to help customers make informed decisions about the products they buy .
the co - operative group won the prize for its approach to sustainable development . its social goals strategy identifies the environment as a primary issue . the group identifies and measures key environmental , social and ethical impacts annually .
sainsbury’s , marks & spencer and the co - operative group will begin allowing their suppliers to use gm feed for poultry , following tesco’s announcement on thursday .
a co - operative is a group of people acting together to meet the common needs and aspirations of its members , sharing ownership and making decisions democratically .
anderson m . ( 2015 ) the co - operative difference : co - operation among co - operatives ? . in : a history of fair trade in contemporary britain . palgrave macmillan , london
the co - operative “free from” petfood won the award ahead of shortlisted products from boots , waitrose and john lewis .
the co - operative group is to sell off its sunwin security services operation – the latest disposal by the troubled mutual , which is offloading surplus businesses to raise cash .
you must be a member of the support group to participate in any of the co - ops .
the co - operative has declared that it is to source all its fresh bacon and lamb from british farms .
a branch of the co - operative’s food shop in central manchester . photograph : jonathan nicholson / demotix / corbis
the co - operative group is the uk’s largest mutual business , owned not by private shareholders but by over six million consumers . it is the uk’s fifth biggest food retailer , the leading convenience store operator and a major financial services provider , operating the co - operative bank , britannia and the co - operative insurance . among its other businesses are the number one funeral services provider and britain’s largest farming operation .
we use co - operative approaches to reduce poverty and unemployment by creating resilient , cohesive and prosperous communities .
the radically overhauled own - brand range includes 30 brand new fish lines , across fresh and frozen , including the co - operative south african hake provencale and the co - operative lightly dusted haddock . the responsible sourcing policy applies to fish in any form across the whole co - operative brand , whether it’s a piece of cod or a salmon sandwich .
co - op group loses £2 . 5bn after ' fundamental failings in management and governance '
the co - operative register’s ( tcr ) mission is to help you find and join the cooperatives nearest you . we started tcr , its twin projects the co - operative knowledgebase ( tck ) and the new co - operator ( tnr ) because co - ops make the impact we want to see most in the world . join us !
the co - operative group * * , like other co - ops , conducts its business in accordance with co - operative values and principles ; among others these include values of social responsibility and caring for others . as one of our principles is co - operation between co - operatives it is natural that we look to support fair trade . in deed , it is often the case that many of these disadvantaged groups are small producer co - operatives .
membership lies at the heart of the co - op . the co - op group believes in open and voluntary membership , democracy and member economic participation .
we bring co - operatives together to campaign on vital issues , raise awareness of co - operative businesses and help create a level playing field for the start - up and growth of co - operatives .
the co - operative group have worked with a wide range of interested groups to do what we can so people in developing countries have decent working and living conditions .
mr . anderson : the co - operative development initiative , which is a five - year program partnership between the co - operative sector , both the cca and the francophone co - operative organization , ccc , in delivering this program , is a program designed both for urban and rural areas . it is a program in terms of giving help to groups who want to establish new co - operatives .
today the co - op group is the uk’s largest mutual business , owned by millions of uk consumers .
thomas cook paid £50m for co - op ' s 30 per cent stake and a further £5 . 8m to buy out the 3 . 5 per cent interest controlled by the smaller central england co - operative group .
development of clinical trials in a cooperative group setting : the eastern cooperative oncology group . - pubmed - ncbi
educational resources , events , seminars and webinars . intended to help co - operative and mutual participants maintain thriving enterprises
the tie - up would create an organisation responsible for more than 80 % of the co - operative retail trade in the uk .
the co - operative has supported the launch of fairtrade in the uk and for 20 years has helped develop the market to become the world’s largest .
' back to our co - op roots ' video transcript [ 0 : 00 ] in 1844 the rochdale pioneers created an idea that changed the world . the co - operative .
how do i find out details about the other co - operative businesses i . e . funeralcare / electrical / insurance ?
the politicians stand as candidates of both the co - operative party and the labour party , and the two political movements have strong historical ties .
s group is owned by customers . customers become co - op members by paying a membership fee . co - op membership has three aspects .
a5 . yes , it is , but now we refer to it as
share of the profits
. for just £1 you can become a member of central england co - operative society , which makes you co - owner of one of the uk’s largest independent co - operative societies .
the co - operative group has told its members that it cannot make an enhanced commitment to stock fairtrade products because of tough competition among supermarkets and its shift towards convenience stores .
prior to the special general meeting , the group also today held its annual general meeting , the results of which are detailed below . attendance at both meetings is open to the appointed delegates of independent society members and co - operative group regions only .
the co - operative also landed the award for managing change following two company mergers and the integration of more than 70 , 000 employees .
the board of the co - operative group has approved the proposals and recommends that members vote in favour of the governance changes at the special general meeting . the group executive , which has worked with the board and members on the reform process , has also given the proposals its backing .
co - operatives were formed to fight poverty . the first co - op was started in 1844 by textile workers in rochdale , an urban centre in england , to deal with the grinding poverty they endured . the principles of the retail co - operative they formed are the basis for the worldwide movement of today , a movement of some 1 billion co - operative members .
following the vote , sir christopher kelly and lord myners will address the special general meeting and answer questions from members . sir christopher kelly will be speaking on his independent review into the events leading to the co - operative bank ' s capital shortfall while lord myners will detail the findings of the independent governance review . the group executive will then share the future co - operative group purpose with members .
debbie robinson , the co - operative’s director of food retail marketing , who collected the responsible retailer award on behalf of the group , said : “we are pleased , and very proud , to win two such prestigious awards . the high calibre of the shortlists reflect the quality needed to earn these accolades , and they reflect the hard work of so many people at the co - operative group . ”
the co - operative group is to actively consider selling off parts of its sprawling empire in order to bring down its £1 . 3bn of debt . the group is also planning to spend hundreds of millions of pounds redeveloping its food stores .
dr . fiona duguid is a researcher and consultant with duguid consulting inc . she has been a lead researcher in several national and international co - operative and social economy projects . she is a board member with the canadian association for studies in co - operation . previous fiona worked with the canadian co - operative association as a researcher and as a senior policy analyst with the rural and co - operative secretariat with agriculture canada .
the network for britain’s thousands of co - operative businesses , co - operatives uk works to promote , develop and unite member - owned business worth £36 billion to the british economy .
david ritter , senior oceans campaigner , greenpeace uk , said : “the co - operative’s new policies are set to place them right at the forefront of the sustainable seafood agenda in the uk . we welcome the work that the co - operative is undertaking to source seafood responsibly . ”
from this autumn , co - op members will be credited with 5 % of the value of their purchases of co - op own brand services , including food and funeralcare . the co - operative bank will not be included .
that motion was backed by co - op group chair ms lidbetter and interim chief executive richard pennycook .
in canada , the history of co - operatives has also been linked to the battle against poverty . whether it is the credit union started by alphonse desjardins , the retail co - ops of western or atlantic canada or the national housing co - operative movement , we believe the co - operative model in canada has shown that it can be an essential tool in this fight .
under the plans , both thomas cook and co - operative travel will retain their separate branding across about 1 , 200 stores .
for the group’s 2015 annual general meeting , 2 . 9 million members are eligible to vote having met the minimum level of qualifying purchases with group businesses during the group’s 2014 financial year . for further information see the group’s rules and purchases regulations .
alldays , the debt - laden retailer which was being run by the official receivers , has been bought by the co - operative group for the sum of £131 million ( €207 . 6m ) , making the co - op the leading convenience store operator in britain .
the co - operative group has hired a respected finance director and former bank chief to help with the financial restructuring of the mutual which faces an estimated £1 . 8bn hole in its capital reserves .
in the midst of the current global economic crisis , the co - operative model is being seen as increasingly relevant to a more balanced , equitable and sustainable economy . the co - operative movement was founded to serve a social purpose , as well as a commercial one .
nicholas gazzard , executive director , co - operative housing federation of canada is next . the federation was established in 1968 and is the organized voice of the canadian co - op housing movement .
as its members determine the direction of the co - operative group , it is the values of the members that drive the business . this is part of the process of corporate governance . members can influence the decisions and direction . the actions of the managers of the group are based on these values .
in the past year the co - op group has been plunged into sudden and astonishing crisis because of the emergence of huge losses at its banking arm the co - op bank .
a former boss of what is now the co - operative group has accused its leaders of blocking prominent members from standing for the board and undermining the principles of the 171 - year - old mutual society .
so why would the co - operative have a point of difference with the soil association on this issue ? the co - operative group has been the pioneer of fair trade in the uk ( and we still stock more food lines than any other retailer ) , whilst the soil association has done so much fantastic work to advance the cause of ecological sustainability .
nicholas gazzard , executive director , co - operative housing federation of canada : let me thank you for the opportunity to be here to talk about co - operative housing and housing generally . john anderson has set some of the context of the affordable housing situation in canada .
as the purpose of s group ' s operations is to offer services and benefits to co - op members , s group will continue to provide its co - op members with improved services and even more significant benefits .
co - operative society . this is run by and for the interest of its members . co - operatives pay out dividends to members , often on the basis of participation not investment . each member gets one vote , regardless of the number of shares they own . for further free advice , contact the co - operative hub .
[ 1 : 33 ] the co - operative movement is worldwide . it ' s taken many different forms from country to country .
the co - operative has increased its range of msc certified fish to 10 , including the co - operative alaskan pollock fishcakes , and a further 10 are due to appear in co - operative stores . by working closely with its suppliers , and providing funding for more fisheries to be certified , the retailer’s range will include even more msc products as soon as supply is increased and they become available .
since 2009 , the co - operative group has operated a human rights and trade policy , which sets out the exceptional circumstances under which we will withdraw trade from a state , area or settlement .
last year ( 2014 ) 99 % of the total energy used by the co - op group came from renewable sources .
the co - operative group stresses that its move is not an israeli boycott and that it will use other suppliers in the country that do not source from illegal settlements . photograph : graham turner for the observer
keeps the group on - task and within the time limits for the activity .
the co - operative bank , platform , smile and britannia are trading names of the co - operative bank p . l . c . , p . o . box 101 , 1 balloon street , manchester m60 4ep . registered in england and wales no . 990937 .
as the uk’s network for co - operatives , we help new - starts get off the ground , provide specialist advice for growing businesses and lead major programmes to develop the uk co - operative sector .
the co - operative bank has offered the beaver lake cree nation £50 , 000 initially and more funding if necessary in future . paul monaghan , head of social goals and sustainability for co - operative financial services , said the company wanted to help fight the legal battle and publicise the problem internationally .
members came to manchester to save the ailing co - op group . they left one step closer to doing that .
as the network for the uk’s co - operative businesses , we organise flagship national events and facilitate networks and workshops to enable co - operatives to connect , learn and do business with one another .
the co - operative group , one of the world’s largest consumer co - operatives , with interests across food , funerals , insurance , electrical and legal services , has a clear purpose of championing a better way of doing business for you and your communities . owned by millions of uk consumers , the co - operative group operates a total of 3 , 750 outlets , with more than 70 , 000 employees and an annual turnover of approximately £10 billion .
you ' ll be pleased to hear that at the co - operative we have a strict policy to monitor and control our fish supplies .
welcome to all of you and thank you for being here . we will start with john anderson from the canadian co - operative association .
“this is a highly significant moment for the co - operative group and i am delighted that our members have made clear their commitment to far - reaching reform of our governance with this unanimous vote .
james knox , managing director at yorkshire dales meat company , said “listings with the co - operative group is fantastic news for the business and for the profile of our ever - growing brand and product offering . ”
the co - operators has over 70 years of history as a co - operative and as a canadian insurer . our member organizations are comprised of co - operatives and credit union centrals from across the country representing a variety of sectors . we provide advice and advocacy guided by our co - operative principles and values . by taking a long - term view of business and relationships , and putting people first , we focus on meeting the evolving needs of canadian communities , the co - operative sector , their members , and our clients .
accurately labelling products made in israeli settlements . a month earlier , one of the uk ' s largest supermarket chains , the co - operative group , ended trade with israeli companies exporting produce from the settlements . the decision directly
peter marks , the co - operative ' s plain - speaking group chief executive is quick to acknowledge the membership ' s key role , the energy and the passion that they feel about the moral imperatives behind pushing the ethical agenda forward .
copyright © 2018the radstock co - operative . all rights reserved . company registration no . 1159r | vat no : 138 21 54 80
co - op members will also get the chance to vote on whether the group should continue to make donations to political parties .
– potentially , the members of the group’s committee , and possibly all members , are personally responsible ( “liable” ) for any obligations the group takes on , and for any judgment made against the group by the courts .
professor ellen goddard is co - operative chair in agricultural marketing and business in the department of resource economics and environmental sociology at the university of alberta .
the co - operative funeralcare , north london . political donations will now be put to a vote the next annual meeting in ma photograph : david levene
the co - operative bank has been the biggest lender to onshore wind farms in the uk , and prides itself on helping drive the move towards more renewable energy .
the government has been trying to highlight the risk of obesity . the co - operative has supported its change4life programme by helping to communicate the government ' s message .
whether in government or opposition , for a century the co - operative party has been a voice for co - op values and principles in the places where decisions are taken , and laws are made .
the banking arm of the group came close to collapse in 2013 , bringing the whole group to a £2 . 5bn annual loss that year .
the process for requesting membership in this group is to fill out the 2 online forms : support group registration , the covenant not to sue .
but could there be a small window ? under pressure at regional members ' meetings last weekend , some co - operative group directors suggested that they were keeping an open mind on disposal of the farms .
in deciding the overall winner , the judges praised the co - operative group for its “very strong” plan of action to bring more people with learning disabilities into the workplace and added that the initiative could be replicated by many other employers .
“the judges were impressed by how the buying team at the co - operative threw themselves into the range , even using their own pets in the marketing and pr campaign . ”
as the network for britain’s thousands of co - operative businesses , we provide our members with access to advice , training , networking and events .
direct ownership of food sources begins to address these issues . would it not be wonderful if the co - operative group could emerge from its troubles to present solutions to some of the great issues of our times ?
the co‑operative bank p . l . c . is authorised by the prudential regulation authority and regulated by the financial conduct authority and the prudential regulation authority ( no . 121885 ) . the co‑operative bank , platform , smile and britannia are trading names of the co‑operative bank p . l . c . , p . o . box 101 , 1 balloon street , manchester m60 4ep . registered in england and wales no . 990937 . credit facilities are provided by the co‑operative bank p . l . c . and are subject to status and our lending policy . the bank reserves the right to decline any application for an account or credit facility . the co‑operative bank p . l . c . subscribes to the standards of lending practice which are monitored by the lending standards board .
farmer group leaders allocated to members , on average , 0 . 40 s mu more than regular farmer - group members (
this case study shows how the co - operative group ' s values contribute to improving the diet and health of the uk . in recent years members of the co - operative group have been concerned about its policies in the area of diet and health . one of the actions that came from this has been the reformulation of own brand products to reduce salt , saturated fat and sugar . also an increasing part of the food range includes healthy options . products carry clear and honest labelling . the co - operative supports initiatives such as the food standards agency ' s ( fsa ) ' traffic light ' labelling on product packaging . the co - operative believes customers should have access to high quality food that is produced and marketed in a way they can trust .
the co - operative group is finally on the road to recovery thanks to new management and the policy of opening minimarkets throughout the united kingdom , backed up by a massive tv advertising campaign . however , the boycott of israeli produce remains .
richard wilcox , managing director at unity trust bank , said that while the co - operative had been discussed at unity ' s scheduled board and annual meeting ,
the relationship with co - op continues to be managed as normal . we work as an independent entity and are not impacted by changes to the credit rating of the co - operative bank .
the co - operative group , a british supermarket chain , is extending a boycott of goods from illegal israeli settlements and will now shun any supplier known to source from these areas , a statement has said .
the co - operative group can be traced back to the original rochdale pioneers society which was formed in rochdale in 1844 and whose success proved a catalyst for co - operative development in the uk over the following years . owing to the rapid growth of co - operatives during the 1840s and 1850s , many co - ops grouped together and established a wholesaling operation to assist in sourcing quality unadulterated produce in 1863 , with this new business eventually becoming known as the co - operative wholesale society ( cws ) . over the following 100 years the cws developed into a highly successful and innovative business , expanding significantly into manufacturing and in sourcing produce from right across the world .
a new initiative championing yorkshire produce has been launched by co - operative food which will see the community retailer stock 130 new products made across the county .
our board of directors help the society succeed in its long - term goals , while at the same time maintaining our co - operative values and principles .
one of the most interesting types of business ownership is that of a co - operative . this is because co - operatives are owned by their members , not by shareholders like private or public limited companies . the largest co - operative in the uk is the co - operative group . this has more than three million members . each member has an equal right to contribute to its decision - making processes . this means that , while managers make the decisions for the business , members rather than shareholders influence behaviour by giving direction to the business . importantly , they determine the ethical direction of the business .
mr . gazzard : the only requirement beyond being in housing need , being on a waiting list for a housing co - operative , is that you recognize that you are moving into a co - operative . it is a little different , inasmuch as there are some responsibilities of membership in a co - operative . those responsibilities are not unduly onerous . usually , when a housing co - operative is asking a family if they want to move in , the responsibilities will be explained to the family . there is a governance function among the members , because the members elect a board of directors , which in turn makes the decisions for the direction of the co - op .
putting the two findings together , we conclude that leaders ' greater willingness to share resources with in - group members applies only to members of the group in which they occupy a leadership position . farmer group leaders do not share a larger part of the initial endowment with co - villagers when compared to average farmer group members . similarly , village leaders do not share a larger part of the endowment with farmer group members than regular villagers do . this suggests that formal social position in a group induces greater prosocial behavior targeted specifically at members of that group ( and that group only ) .
among them was bert , a cat owned by the co - operative’s category development manager for grocery , melissa webb . melissa collected the award at the london ceremony .
the co - operative group will ensure all its obligations under reach are met including the provision to supply information on the use of any svhc ' s ( substances of very high concern ) within an article as identified by reach .
participants allocated 0 . 24 mus more to co - villagers and 1 . 31 mus more to farmer group co - members ( blue bars ) than to ‘strangers’ . importantly , participants allocated 1 . 06 mus more to farmer group co - members than to co - villagers ( green bar ) . n = 2421 . whiskers indicate the 95 % interval .
governance continually evolves – for plcs , in the public sector , and in the mutual and co - operative world . it must constantly adapt to changing circumstances . but new governance arrangements cannot be imposed on the co - operative group , and that is effectively what is happening via the current process . it is a high risk strategy , and hardly surprising that it is causing such concerns amongst employees . it is essential in taking forward reforms to the co - operative group to move to new arrangements which dispassionately use modern features of governance which are appropriate for a co - operative , which can command the support of those who have to vote for them , and which provide a sound basis on which to provide an effective alternative for customers .
the co - op today became the first uk supermarket to ban the use of a group of pesticides implicated in billions of honeybee deaths worldwide .
pennycook is running the group after the sudden departure of euan sutherland in march .
having strong links to the labour party , the group sponsors many labour mps .
a13 . the co - operative group website has a section dedicated to food ethics , where you can find out about where your food comes from , and how we source local or ethically traded goods wherever possible .
the co - operative supports numerous community and sporting activities . for example , it supports a national charity called street games . this charity promotes sport to young people who live in disadvantaged communities . the organisation feels that supporting communities is a crucial role which is at the heart of its co - operative heritage .
the co - op party includes among its members a number of prominent labour mps such as ed balls , stella creasy and chris leslie . they stand as candidates of both the co - operative party and the labour party .
moody ' s warned that the bank might need
external support
– perhaps from its parent group which owns grocers , pharmacies and funeral homes – if it could not bolster its financial position . the agency cited concerns about the co - operative incurring more losses from loans to property companies and the slow integration of the britannia building society , which the co - operative took over three years ago .
in s group , being a co - op member means the same as being a member . in other words , a co - op member is a member of a cooperative – such as hok - elanto or arina – belonging to s group .