(Adopted on 10th March 1983 under the provisions of the Companies Acts 1948 to 1981 by the persons named below and amended by the company in general meeting on 31st May 2004 and 7th September 2019).
The Company’s name is The Ringing World Limited (and in this document it is called “the Charity”).
The Charity’s registered office is to be situated in England.
The Charity’s objects (“the Objects”) are to promote and foster the art, science and history of bells and bell ringing to bellringers and the general public, and in particular by publishing educational material and historical archives, facilitating communication, encouraging public interest and uniting the ringing community.
In furtherance of the Objects but not otherwise the Charity may exercise the following powers:
(1) to draw, make, accept, endorse, discount, execute and issue promissory notes, bills, cheques and other instruments, and to operate bank accounts in the name of the Charity;
(2) to raise funds and to invite and receive contributions: provided that in raising funds the Charity shall not undertake any substantial permanent trading activities and shall conform to any relevant statutory regulations;
(3) to acquire, alter, improve and (subject to such consents as may be required by law) to charge or otherwise dispose of property;
(4) subject to clause 5 below to employ such staff, who shall not be directors of the Charity (hereinafter referred to as “the trustees”), as are necessary for the proper pursuit of the Objects and to make all reasonable and necessary provision for the payment of pensions and superannuation to staff and their dependants;
(5) to establish or support any charitable trusts, associations or institutions formed for all or any of the Objects;
(6) to co-operate with other charities, voluntary bodies and statutory authorities operating in furtherance of the Objects or similar charitable purposes and to exchange information and advice with them;
(7) to provide indemnity insurance to cover the liability of the trustees which by virtue of any rule of law would otherwise attach to them in respect of any negligence, default, breach of trust or breach of duty of which they may be guilty in relation to the Charity: Provided that any such insurance shall not extend to any claim arising from any act or omission which the trustees knew to be a breach of trust or breach of duty or which was committed by the trustees in reckless disregard to whether it was a breach of trust or breach of duty or not and provided also that any such insurance shall not extend to the costs of any unsuccessful defence to a criminal prosecution brought against the trustees in their capacity as trustees of the Charity;
(8) to pay out of the funds of the Charity the costs, charges and expenses of and incidental to the formation and registration of the Charity;
(9) to do all such other lawful things as are necessary for the achievement of the Objects.
The income and property of the Charity shall be applied solely towards the promotion of the Objects and no part shall be paid or transferred, directly or indirectly, by way of dividend, bonus or otherwise by way of profit, to members of the Charity, and no trustee shall be appointed to any office of the Charity paid by salary or fees or receive any remuneration or other benefit in money or money’s worth from the Charity: Provided that nothing in this document shall prevent any payment in good faith by the Charity:
(1) of the usual professional charges for business done by any trustee who is a solicitor, accountant or other person engaged in a profession, or by any partner of his or hers, when instructed by the Charity to act in a professional capacity on its behalf: Provided that at no time shall a majority of the trustees benefit under this provision and that a trustee shall withdraw from any meeting at which his or her appointment or remuneration, or that of his or her partner, is under discussion;
(2) of reasonable and proper remuneration for any services rendered to the Charity by any member, officer or servant of the Charity who is not a trustee;
(3) of interest on money lent by any member of the Charity or trustee at a reasonable and proper rate per annum not exceeding 2 per cent less than the published base lending rate of a clearing bank to be selected by the trustees;
(4) of fees, remuneration or other benefit in money or money’s worth to any company of which a trustee may also be a member holding not more than 1/100th part of the issued capital of that company;
(5) of reasonable and proper rent for premises demised or let by any member of the Company or a trustee;
(6) to any trustee of reasonable out-of-pocket expenses.
The liability of the members is limited.
Every member of the Charity undertakes to contribute such amount as may be required (not exceeding £10) to the Charity’s assets if it should be wound up while he or she is a member or within one year after he or she ceases to be a member, for payment of the Charity’s debts and liabilities contracted before he or she ceases to be a member, and of the costs, charges and expenses of winding up, and for the adjustment of the rights of the contributories among themselves.
If the Charity is wound up or dissolved and after all its debts and liabilities have been satisfied there remains any property it shall not be paid to or distributed among the members of the Charity, but shall be given or transferred to some other charity or charities having objects similar to the Objects which prohibits the distribution of its or their income and property to an extent at least as great as is imposed on the Charity by Clause 5 above, chosen by the members of the Charity at or before the time of dissolution and if that cannot be done then to some other charitable object.
We, the several persons whose names and addresses are subscribed are desirous of being formed into a Company in pursuance of this Memorandum of Association
Names, Addresses and Descriptions of Subscribers
William Baden Cartwright,
55 Newhall Street,
Birmingham B3 3QF
Solicitor
Michael John Church,
44 Middle Gordon Road,
Camberley,
Surrey
Chartered Accountant
Robert James Cooles,
42 Webbs Road,
London SW11 6SF
Solicitor
Philip A. Corby,
Puckden,
Chiddingstone Hoath,
Edenbridge,
Kent TN8 7BS
Retired Builder
Rev. John G.M. Scott,
Newton St. Cyres,
Exeter,
Devon
Clerk in Holy Orders
Cyril Alfred Wratten,
19 Ravensgate Road,
Charlton Kings,
Cheltenham,
Gloucestershire GL35 8NR
Civil Servant
Dated the 10th day of March 1983
Witness:
G.M. West
29 Havana Road SW19
Secretary
HTML version by Tony Smith 9th September 2019