Formations 

SOCIAL MISSION ORGANISATIONS

Social  Mission Organisations (also known as Third Sector Organisations) are institutions that conduct their affairs primarily for the purpose of assisting other individuals, groups, or causes rather than garnering profits for individuals owners or founders of the organisation.

 

Typically, SMOs are set up and ran by individuals who are passionate about a particular cause  (e.g. the homeless, the elderly,  the environment, education, sport)  and want use their commitment to provide social benefits to their target group or society at large.

As a potential new SMO founder, there are some  key formation issues you need to deal with. Chiefly, these are deciding whether to operate as a social enterprise or a voluntary organisation /charity  and determining which legal structure is best for your project.

 

These decisions, along with other formations matters, can become very complex  so to help in this regard we have created a robust formation package which can handle the entire  formation process  for you. 

The SMO Formation Package

At FD 4 Start Ups  we adopt a collaborative  approach to formations which enables us to provide you with a comprehensive and fully supported formation package that includes;

 

O  Clearing your proposed business name for use and , where required, advise on the  strategies  to prevent your

name and brand being used or exploited by third parties.

O  Ensuring you make the right choice between Charity, Social Enterprise, or whether to bypass them completely

O  Setting you up with the correct legal structure for your circumstances

O  Ensuring that you have an appropriately written  constitution and a properly drafted objects clause to prevent your application being rejected by the relevant institutions (e.g. HMRC, the CIC regulator, the Charities Commission, banks).

O  Signing you up to the relevant HMRC departments / gateways(e.g. PAYE, VAT,  Gift Aid, etc).

O  Carry out a full compliance check of all the legislation and regulations that you need to comply with 

O  Provide you with the details of any suitable FREE or affordable government schemes you can benefit from (e.g. grants, training opportunities mentoring, advice, etc).

O  Providing you with a personalised  Readiness Checklist for you to work through to help  you put  in place  all the features  expected of a start up SMO making your project more appealing to beneficiaries, funders and other stakeholders.

f you already have an up and running organisation we can look at what you are currently operating under  and see whether you need to make any changes based on your current circumstances and/or future plans.

Pricing

Our formation fees, including any consultations, are based on the SMO legal structures chosen for your project and any extras requested. However, in general our formation fees range between £100 to £150. The main exception to this are Charities and  Industrial and Provident Societies formation fees which start from £250.

 

Getting Started  

If you want to discuss your project generally you can  Contact Us  by Whatapp, phone or by e-mail

However, if you ready to start your formation  we ask that you read our  SMO Legal Structures guide and then complete our SMO Formation Contact Form (see below) so we can support you properly from the outset.

Social Mission Organisation

Formation Contact Form

1. Contact Details
1.4 Preferred method of contact
2. About Your Organisation
2.2 Do you want to operate as a charity / voluntary organisation or social social enterprise?
2.3 Are you already up and running in some way?
Note: Do not sign anything major in your personal name until you are sure of the legal structure you will adopt going forwards.
2.5 Please indicate the legal structure you believe is best for your circumstances?
3. Further Information

Thanks for submitting!

What happens next ......

1. If you have selected a preferred legal structure and you have no  queries  (and we detect no issues) we will  send you a link to the relevant formation order form to get the formation process underway.

 

2.  If you have indicated you are unsure which legal structure to adopt may and/or have posted a query,  we will contact you to help and support you with your formation.

 

3.  We will also contact you before sending you the relevant formation link if we spot a potential problem originating from the legal structure chosen and the nature of business description you gave.  

 

We have detected many potential start up issues from these pieces of information which is why it is important to fill these fields properly on the form.