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Im now going to talk about the structure known as the company limited by guarantee there are lots of charitable companies limited by guarantee and this structure is also used in a normal context by other companies especially social enterprises for example and the term social enterprises doesnt have a legal meaning as such and many charities of course would call themselves a social enterprise but just today no there is a separate legal structure designed specifically for social enterprises and thats the Community Interest Company or CIC so dont confuse that with the CIO which will come on to in a moment charge of an incorporated organization so CIC is not a charity thats the social enterprise to my model and the CIO is one of the charity models which well come to in a moment so just carrying on talking about the company about guarantee its governing document is its memorandum and articles or in a more modern company just its articles or if you recently amended human articles again