Ltd co cessation - treatment of fixed assets

Ltd co cessation - treatment of fixed assets

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Small one man co ceased trading but co being left dormant in case wishes to use again in future.

Plant & office equipment have been transferred back to director at market value both in accounts and capital allowances computation.

Is this correct or can assets be left in the company? If so, is an adjustment still required in the capital allowances computation?

Also has about £4K classified as office premises being a garage conversion.
Alison

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