Board minutes should be recorded for good governance of the company. Whilst larger companies
have regular board meetings and minutes of these meetings are recorded in the companies’
records, smaller companies, particularly where there are only one or two directors do not tend
to have board meetings, if they do they tend to be informal meetings. It is important however to
record at any time any important decisions made, this helps to prevent future disputes.
There should always be minutes of the first board meeting; this formally records the appointment
of directors, secretary and shareholders and the situation of the registered office. It also records
the appointment of bankers to the company and quite often the appointment of accountants
and solicitors. It is also wise to record details of any director or shareholders loans or any other
Our experienced staff will be pleased to advise you and if required we can professionally draft
minutes on your behalf to be recorded in the company’s statutory records.
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