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Company restoration query

Company restoration accounts query

A client's Ltd company was dissolved in November 2016. The client wants the company restored, but accounts for the year ended 30 September 2016 and 30 September 2017 are outstanding. Obviously the 2016 accounts need to be submitted with the restoration forms but my question is, with regard to the 2017 accounts should be full year to 30 September 2017 be submitted or only up to the date of dissolution?

Also, the company had a presidential property as its main asset. Will the Treasury Solicitor want any additional information apart from the form BVC14?

Thanks for any assistance.

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13th Jun 2018 15:47

Good Afternoon,

1) The 2017 Accounts should be the full year to 30 September 2017 as the company will be restored. If you are sending Abbreviated Accounts please make sure you include the following line: "The director of the company has elected not to include a copy of the income statement within the financial statements"

2) No additional information will be required.

Thanks and hope that helps :)

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By Bobbo
to Danny_Bolton
14th Jun 2018 13:16

Abbreviated accounts, are you sure?

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13th Jun 2018 15:53

To answer your first question, the purpose of submitting the missing annual accounts is to create a filing history at Companies House that looks (at first glance) as if the company was never dissolved. That's what the phrase "administrative restoration" means. Therefore, draw up the September 2016 and September 2017 accounts as if the company continued to exist with accruals for your accounting fees, etc.

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to halblackburn
13th Jun 2018 15:56

Thanks :)

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By DJKL
13th Jun 2018 17:09

If the Presidential Property is the White House we are keeping it, just send The Donald his notice to quit?

Actually, what, in this context ,is a Presidential Property?

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to DJKL
13th Jun 2018 17:59

DJKL wrote:

Actually, what, in this context ,is a Presidential Property?

That’s the bit that really intrigued me.
I’ve just had an administrative restoration approved, but the only asset was an £80k bank balance - worth having, but no-where near as impressive.

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13th Jun 2018 18:04

As well as the 2016 & 2017 Accounts, don’t forget you’ll also need the Confirmation Statements. Make sure that you use the correct version that was in play at the time. We had ours rejected for using the wrong version (to be fair, we were doing 6yrs worth of accounts & AR01/CS01s, we were bound to make an error somewhere).

If you ring CoHse, their Administrative Restoration department will send you an email with exactly what they need and how much is due.

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14th Jun 2018 12:01

Thank you all for your useful assistance. Glad I could amuse you with the voice recognition software c*ck up .

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