Co ltd by guarantee (not a charity) moving from FRSSE to micro-entity: always used to include a note stating that the company is limited by guarantee and that in the event of winding up the liability of members is limited to £xx. Is this still necessary? Many thanks.
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Did you ever find out the answer to this. I have a client with a dormant company limited by guarantee which I plan to file micro entity accounts with nil balances for. I'm also not sure whether the note is necessary. Thanks
You don't need to say anything in FRS105 accounts.
There's very little that you do have to say.