The registers a co-operative society must keep

A society is a registered body, and registered bodies have to keep specific records. These are the ones asked for at audit and at inspection.

Most committees meet these names for the first time when an auditor asks for them. They are not optional, and reconstructing them years later is painful.

The member records

Form I — register of members

Who the members are, with the shares held against each flat.

Form J — list of members

The list as it stands, used for meetings and voting entitlement.

Share register

Share certificates issued, their numbers, and transfers when a flat changes hands.

Nomination register

Who each member has nominated. Consulted at exactly the worst moment, so it must be right.

The property and money records

Property register

The society’s own assets and immovable property.

Investment and loan register

Fixed deposits, where reserves sit, and any borrowing.

Minutes book

The record of what the committee and general body actually resolved.

Form O

The rectification report — what the society did about the last audit’s observations.

Kept digitally

Socei maintains these in digital form, produced on demand for your auditor or the Registrar. We do not write up bound physical register books.

Next Meetings, notices and getting a decision to stick

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