Dormant Company Account Filing - Companies House

Companies House says put zero for 'Cash at bank and in hand' for dormant company filing

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Filing company accounts for the first time. It's a dormant company. Not sold anything yet.  Only paid for things like trademark registration, domain name registration and product development. When I phoned up, Companies House says put zero for 'Cash at bank and in hand' on the dormant company filing page. I don't understand why, because there was money in the company bank account at the end of the accounting period.

Is putting zero for 'Cash at bank and in hand' correct?

Fo HMRC, the company is dormant. I phoned up and explained the company hasn't traded yet (not sold anything).

Replies (9)

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By David Ex
03rd Apr 2024 10:25

April Fool’s Day was the 1st.

If you’re serious, you need to appoint an accountant before you dig an even bigger hole for yourself.

Thanks (1)
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By Leywood
03rd Apr 2024 10:31

Taking accounting advice from
Companies house (minimum wage) call handling staff, hilarious!

Doesn’t sound dormant anyway.

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RLI
By lionofludesch
03rd Apr 2024 10:31

Your company isn't dormant for Companies House purposes.

HMRC have different rules.

Thanks (1)
Replying to lionofludesch:
Out of my mind
By runningmate
03rd Apr 2024 10:34

lionofludesch wrote:

Your company isn't dormant for Companies House purposes.


So you should not file dormant company accounts at Companies House.
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By paul.benny
03rd Apr 2024 13:13

My learned colleagues are not wrong but it may depend on the precise facts.

Companies Act 2006 s1169 defines a company as being dormant if it does not have any transactions in the accounting period but excludes payment of CH fees and funds from initial share capital (paraphrased for brevity).

If company has been incorporated with, say £100 share capital and those funds are sat in the bank, it's dormant. Those amounts should still be reported, though. Any other transactions and it probably isn't dormant.

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Replying to paul.benny:
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By David Ex
03rd Apr 2024 13:18

paul.benny wrote:

My learned colleagues are not wrong but it may depend on the precise facts.

Think this one is well over the line. The OP said “Only paid for things like trademark registration, domain name registration and product development.”

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Replying to David Ex:
RLI
By lionofludesch
03rd Apr 2024 13:24

Yup.

Thanks (1)
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By Paul Crowley
03rd Apr 2024 15:04

It is not dormant for Companies House purposes, based on what you say.

It is not trading for Corporation tax purposes.

Telephone advice from Companies House, particularly if they really said what they said, is not worth the paper it is written on.

If a bank account exists, it cannot be nil. Did you mention to companies house person all the matters that you list here, or were you just asking about how to file dormant accounts?

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Replying to Paul Crowley:
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By NoBob01
03rd Apr 2024 21:42

Thanks Paul. I did some more research so understand better now.

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