I have a client whose business has not traded for several years. They had a number of small transactions going through the business bank account until a couple of years ago when they finally got round to closing the business account, and so micro-entity accounts were filed as the company didn't meet the conditions for dormancy with Companies House.
The company now meets the dormany conditions - it is not trading and a couple of very minor expenses have been paid by the director so there are no "significant transactions" to report.
I use vt software and if I choose the "dormant accounts" option this includes a statement that "The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime." These accounts include an exemption from audit statement.
However, if I choose the "micro entity accounts" option but click "dormant" on the properties section I get an error message when trying to submit to Companies House that the accounts need to include a statement that the company is exempt from audit.
I'd prefer to submit dormant accounts, rather than submitting micro entity accounts and not ticking the dormancy option as this seems incorrect, but not sure if this is acceptable given that the dormant accounts refer to the small companies regime and I have previously submitted micro-entity accounts for this company.
Any advice would be appreciated as I feel I may be over-thinking this!