Statutory registers in short
Running a business comes with a long list of required legal documents. As you set the foundations, you’ll quickly come into contact with statutory registers. Under company law, a company is required to maintain a set of records or 'registers'. Companies are also required to make these registers available to shareholders on request.
Content: A statutory register includes things like:
- Register of members (shareholders) including the names and addresses of shareholders, the dates that they became shareholders, the dates that they ceased to be shareholders, the number and class of shares held by them and the amount paid or agreed to be paid by them for those shares
- Register of directors including details of the directors that need to be provided to Companies House when they are appointed
- Register of directors' residential addresses
- Register of secretaries including their names and addresses
When to use: While it's possible to maintain these registers electronically at Companies House, many companies choose to maintain these registers 'offline'. This template can be used for such purpose and also includes the following additional registers:
- Register of applications and allotments for shares, which includes details of all shares issued by a company including who they were issued to and at what price
- Register of transfers which includes details of all transfers of shares including who transferred them and to whom they were transferred and at what price.
