I'm in the process of closing down a company limited by guarantee which had previously operated as a charitable body and whose charitable business ceased in the summer of 2019.
All liabilities have been fully discharged, there are no debtors or ongoing trade, and the small surplus cash balance will, under the articles, be distirbuted to a similar charity prior to the company terminating.
The company has never been required to file a CT return under the HMRC's "random" approach to challenging charities for CT.
Is the process at this point as simple as filing the DS01 process, ensuring that HMRC is notified of this, and nothing more will be required? Or is it likely that HMRC will require final, audited financial statements.
.gov.uk suggests final accounts will be a requirement, but there doesn't appear to be a specific process to facilitate this, or is it something which will crop up at the point of HMRC being notified?
As it's not a process we've gone through before, just interested in a "heads up" in terms of the likely requirements over the next few weeks / months. Plus if audited statements are required, I'd need to reserve funding to allow for that before distribution of cash to the other charities.