Company formation
• For companies with a registered office in England or Wales: New Companies Section, Companies House, Crown Way Cardiff CF14 3UZ
• For companies with a registered office in Scotland: Companies House, 4th Floor Edinburgh Quay 2, 139 Fountain bridge, Edinburgh EH3 9FF; and
• For companies with a registered office in Northern Ireland: Companies House, 2nd Floor The Linenhall, 32-38 Linenhall Street, Belfast BT2 8BG
AND FINALLY...YOU’VE FORMED A COMPANY
If all your documentation is correct and the company name you have chosen is acceptable, your incorporation documents will be registered and you will be issued a certificate stating that the company is incorporated. If you choose to file your documents electronically, your certificate will be issued via the internet. This certificate is proof that you have met the requirements of the
Companies Act 2006 and that your company is registered under the Act. The certificate will state: • the name and registered number of the company; • the date of its incorporation; • whether it is a limited or unlimited company, and if it is limited whether it is limited by shares or limited by guarantee;
• whether it is a private or a public company; and • whether the company’s registered office is located in England and Wales, Scotland or in Northern Ireland.
The certificate must be signed by the registrar or authenticated by the registrar’s official seal. All the documents you need for company formation can be obtained from a legal stationers or a company formation agent for around £30.
HOW IS YOUR COMPANY SET UP?
Now we’ve given you all the information you need on the practical aspects of company formation, we want to take a look at this important aspect of flat ownership from the leaseholder’s point of view. When setting up a management company, some of the most commonly asked questions are: • Is my RMC legal? • Is it set up in the best way for my block? • What are our options? • What are the pros and cons for leaseholders of the different options?
Look out for the answers to these questions in the next issue of Flat Living.
ARMA LESSEE ADVISORY NOTE 17: CONDENSATION
Condensation is a situation where moisture is deposited on cooler surfaces, such as external walls of a building and frequently gives rise to the growth of mould (especially where sustained high humidity is present). Such organisms need pure water - as is produced by condensation - to sustain their life
WHAT CAUSES CONDENSATION?
Condensation can occur naturally as a result of changes in temperature or artificially by the actions of people themselves. Air naturally contains water vapour (often referred to as “humidity”) in varying quantities and its capacity to do so is related to its temperature - warm air holds more moisture than cold air. In Britain, condensation in flats and houses is often a winter problem
particularly where warm moist air is generated in living areas and then penetrates to the colder parts of the building. However it does not have to be, for as long as the air is cooled sufficiently below its Dew Point by the colder surface it comes into contact with, moisture will be released. In order to have condensation, moisture must be present in the air and this can come from a number of sources within a house. Water vapour is produced in relatively large quantities from normal day to day activities - a 5 person household puts about 10 kg of water into the air every day (without taking into account any heating) - • breathing (asleep) 0.3 kg • breathing (awake) 0.85 kg • cooking 3 kg • personal washing 1.0 kg • washing and drying clothes 5.5 kg • heating - especially paraffin and flueless gas heaters. For every
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litre of paraffin burnt over one litre of moisture vaporises into air. Every carbon fuel produces some amount of water from combustion. (1 kg of water equates to about 1 litre)
Moisture can also be drawn from the structure of the building into the
internal air; from below the floor or through the walls/ceilings. Buildings can often lack or have insufficient airbricks to allow adequate ventilation of the accommodation and structure. The effect of moisture “generation” is made worse by keeping the moist air in the property. Usually in certain areas of a property (such as bathrooms and kitchens) the warmer air contains a lot more moisture than other parts of the building.
NEW HOMES
The materials used to build a house, for example mortar and plaster, contain a lot of moisture which gradually dries out as the home is occupied and heated. However, this can take some time. This is why newly built houses can be especially prone to condensation; they may not have dried out from water remaining after building work. It usually takes 9 - 18 months for this to happen and owners may need to use more heat during that time. If you have moved into a new home you should take steps to prevent damage during the drying out process. See the advice leaflets from the National House Building Council listed below.
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