{"id":2924,"date":"2016-09-22T00:00:00","date_gmt":"2016-09-22T00:00:00","guid":{"rendered":"http:\/\/hebblethwaites.com\/index.php\/directors-responsibilities-legal-signs-and-stationery\/"},"modified":"2016-09-22T00:00:00","modified_gmt":"2016-09-22T00:00:00","slug":"directors-responsibilities-legal-signs-and-stationery","status":"publish","type":"post","link":"https:\/\/hebblethwaites.com\/index.php\/directors-responsibilities-legal-signs-and-stationery\/","title":{"rendered":"Directors responsibilities, legal, signs and stationery"},"content":{"rendered":"<p>\n\t<strong>Legal responsibilities<\/strong><\/p>\n<p>\n\tWe are often asked to clarify the responsibilities that directors take on when they agree to become directors of limited companies. A summary of directors&rsquo; duties published on the GOV.UK website are reproduced below.<\/p>\n<p>\n\tAs a director of a limited company, you must:<\/p>\n<ul>\n<li>\n\t\ttry to make the company a success, using your skills, experience and judgment<\/li>\n<li>\n\t\tfollow the company&rsquo;s rules, shown in its articles of association<\/li>\n<li>\n\t\tmake decisions for the benefit of the company, not yourself<\/li>\n<li>\n\t\ttell other shareholders if you might personally benefit from a transaction the company makes<\/li>\n<li>\n\t\tkeep company records and report changes to Companies House and HM Revenue and Customs (HMRC)<\/li>\n<li>\n\t\tmake sure the company&rsquo;s accounts are a &lsquo;true and fair view&rsquo; of the business&rsquo; finances<\/li>\n<li>\n\t\tfile your accounts with Companies House and your Company Tax Return with HMRC<\/li>\n<li>\n\t\tpay Corporation Tax<\/li>\n<li>\n\t\tregister yourself for Self-Assessment and send a personal Self-Assessment tax return every year &#8211; unless it&rsquo;s a non-profit organisation (e.g. a charity) and you didn&rsquo;t get any pay or benefits, like a company car<\/li>\n<\/ul>\n<p>\n\tYou can hire other people to manage some of these things day-to-day (e.g. an accountant) but you&rsquo;re still legally responsible for your company&rsquo;s records, accounts and performance.<\/p>\n<p>\n\tAnother issue that is frequently asked is what information about the company should be displayed on business signs and stationery. From the same source these are:<\/p>\n<p>\n\t<strong>Signs<\/strong><\/p>\n<p>\n\tYou must display a sign showing your company name at your registered company address and wherever your business operates. If you&rsquo;re running your business from home, you don&rsquo;t need to display a sign there. For example, if you are running 3 shops and an office that&rsquo;s not at your home, you must display a sign at each of them.<\/p>\n<p>\n\tThe sign must be easy to read and to see at any time, not just when you&rsquo;re open.<\/p>\n<p>\n\t<strong>Stationery and promotional material<\/strong><\/p>\n<p>\n\tYou must include your company&rsquo;s name on all company documents, publicity and letters.<\/p>\n<p>\n\tOn business letters, order forms and websites, you must show:<\/p>\n<ul>\n<li>\n\t\tthe company&rsquo;s registered number<\/li>\n<li>\n\t\tits registered office address<\/li>\n<li>\n\t\twhere the company is registered (England and Wales, Scotland or Northern Ireland)<\/li>\n<li>\n\t\tthe fact that it&rsquo;s a limited company (usually by spelling out the company&rsquo;s full name including &lsquo;Limited&rsquo; or &lsquo;Ltd&rsquo;)<\/li>\n<\/ul>\n<p>\n\tIf you want to include directors&rsquo; names, you must list all of them.<\/p>\n<p>\n\tIf you want to show your company&rsquo;s share capital (how much the shares were worth when you issued them), you must say how much is &lsquo;paid up&rsquo; (owned by shareholders).<\/p>\n<!-- -->","protected":false},"excerpt":{"rendered":"<p>Legal responsibilities We are often asked to clarify the responsibilities that directors take on when they agree to become directors of limited companies. A summary of directors&rsquo; duties published on the GOV.UK website are reproduced below. As a director of a limited company, you must: try to make the company a success, using your skills, [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[1],"tags":[],"class_list":["post-2924","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/hebblethwaites.com\/index.php\/wp-json\/wp\/v2\/posts\/2924","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hebblethwaites.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hebblethwaites.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/hebblethwaites.com\/index.php\/wp-json\/wp\/v2\/comments?post=2924"}],"version-history":[{"count":0,"href":"https:\/\/hebblethwaites.com\/index.php\/wp-json\/wp\/v2\/posts\/2924\/revisions"}],"wp:attachment":[{"href":"https:\/\/hebblethwaites.com\/index.php\/wp-json\/wp\/v2\/media?parent=2924"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hebblethwaites.com\/index.php\/wp-json\/wp\/v2\/categories?post=2924"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hebblethwaites.com\/index.php\/wp-json\/wp\/v2\/tags?post=2924"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}