What are charitable objects?
One of the requirements of starting a charity is the inclusion of a ‘charitable objects’ clause in the companies memorandum of association. This legally required to state definitively that the objectives of the charity company are ‘exclusively charitable’. They do not state how the company will be run on a day-to-day basis, but must be word in such a way to show that the charity will be operated in a way which the law will recognise as charitable. Example charitable objects can be seen on the Charity Commissions Website.