We're currently preparing our first set of FRS 105 accounts to send in but wonder if anyone who uses IRIS can shed light on the following.
S444(3) of the CA 2006 says that the accounts sent to companies house and HMRC must be the same. Apart from you can chop off the P&L & Accountants report before sending to Co Ho.
This gives the option of running LTD accounts, which we don't want to do as this will mean sending a very basic P&L to Co Ho. Alternatively we could run the abridged accounts (ABR) but this doesn't show a P&L at all.
We obviously don't want to show a P&L at CoHo so we are planning to got with the abridged accounts, sending them to HMRC & CoHo. Surely HMRC won't like not having a P&L at all will they?
Hope that makes sense, any opinions would be appreciated.