Hi
I have a limited company which has previously traded but not for the year ending 21 January 2014. HMRC has accepted a few weeks ago that the company is dormant and the only activity on the business bank account is £5 per month bank charges between Aug 2013 and Jan 2014.
Companies House has advised that I still need to file some sort of dormant accounting statement but that I cannot use form AA02 because the companies has at one time, traded.
If the financial details prepared for the previous accounting period are as follows, how can I do this myself? I need to have this filed by Tues 21st which means I need to send the paper forms by special delivery tomorrow (Mon 20th).
The called up share capital remains £100 / 100 shares, the profit and loss account remains £2,735 from the previous year giving a balance sheet total of £2,835.
Thanks.
Dan
Replies (16)
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Posting a question at 19:29pm on Sunday that you need an answer for the following day, do you not think you have, I don't know, left it last minute?
Perhaps if you had engaged an accountant a while ago, you could have avoided the situation you are now in.
Agree with the above, but the figures are plainly wrong as the bank charges have been left on the balance sheet.
Change the year end ...
... online, this will give you three months minimum to sort it out!
May I suggest
That you take 10 quid or whatever the bank charges are of the retained profit figure and copy last years. You will ofcourse have to reduce the bank balance by same amount.If you have not got a copy you can download for a £1.
Don't worry about whether they balance or not companies house will not bother as long as you get the statement on the bottom of the balance sheet exactly right and use the right size type !!!
So your profit and loss account should include the bank charges.
Why did you sack your previous accountant without replacing them?
I suggest you close the bank account - removing the money in it as a dividend - then apply to have the company struck off. That will remove the need to file accounts, and expunge any penalty for not having done so.
Like I say ....
... change the year end and buy yourself 3 months to sort this out.
My personal view is that the act of paying creditors provided in the previous year (presumably) would not make a company active!
Yes you would have to take dividends in accordance with your shareholdings.
By the way, you don't need to apply for the company to be struck off today, just as soon as reasonably possible. You must at all costs close down the bank account first anyway.
Dormant
The company is not dormant for Companies House purposed because of the bank charges. Paying creditors would also mean it wasn't dormant.
Change the ARD by one day earlier - per OGA - would give you time to sort this out.