Companies registered in Scotland sometimes create a charge that must be registered. If so, they must deliver details of it, together with any document creating or giving evidence of it, to the Registrar of Companies in Edinburgh.
The company number and full company name are required as well as the date and description of the charge. The amount secured, the persons entitled to the charge and the short particulars of the property are also required.
There is also a section, relevant for floating charges, as to any restrictions
on power to grant further securities and any ranking provision and then
a section for particulars referring to commission, allowance or discount
(if any).
Go to Edit | Mortgages and Charges, click New.
Required fields are:
Creation date - (registered date should be completed when Companies House have advised this).
Instrument type - the description will follow from the selection but can be overwritten.
Amount or description of the charge should also be entered.
Using the Persons Entitled tab, click New to enter mortgagee or persons entitled.
Using the Particulars tab, enter short particulars of all property mortgaged or charged.
Enter name of person signing the
form from the drop-down list when prompted.
Click Yes when asked to Log the particulars of this event.
Go to Reports | Company Forms, highlight Form MG01s and click Print Form and OK.
To display a form with basic details go to Reports | Forms with Basic Details | Form MG01s - Particulars of a charge created by a company registered in Scotland. The form opens in Microsoft Word showing the basic details.
To display a blank form, go to Reports | Blank Forms | Form MG01s- Particulars of a charge created by a company registered in Scotland. This opens the completely blank form in Microsoft Word.
Click on any area of the form for additional information: