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Final Balance sheet for company before strike off

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Hello All

 

Company is going to be submitting final accounts soon before applying to be struck off. there are no debtors or creditors. No assets in the company name. For the balance sheet, do i close with zero assets and zero capital and reserve balance? There is no money in the account as any remaining funds has been distributed to directors.

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By rmillaree
19th Jan 2022 19:39

Note for companies house they dont even need the final set of acounts done before submiting the ds01 - this should be confirmed explicitly on the companies house website if you look.

ref your question ref the balance sheet it will be what it is if you are doing one - for example - if share capital comes into play i would expect something else would probably have to exist for the numbers to add up - its late though and my logic here could be faulty - like trying to tell client their final tax bill half way through the acounts prep.

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By FlyingSquirrel
19th Jan 2022 19:44

the company accounts were due 31 dec 2021. company ceased trading on 30 Sep 2021.

is the final account still not required to CH?

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RLI
By lionofludesch
20th Jan 2022 07:10

FlyingSquirrel wrote:

the company accounts were due 31 dec 2021. company ceased trading on 30 Sep 2021.

is the final account still not required to CH?

What do you mean by "due"? ARD or filing date?

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By FlyingSquirrel
20th Jan 2022 17:37

ARD. Company year end is 31 december 2021. but ceased trade on3 months earlier

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By rmillaree
20th Jan 2022 08:27

"company ceased trading on 30 Sep 2021."

Unless you have specific agreement with corporation tax services then presuably accounts need to prepared and filed with corporation tax services to detail tax due or confirm corporation tax is nil.
Companies house is only half the story.

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By Paul Crowley
20th Jan 2022 09:42

+1
Corporation tax needs solving first

Always wonder why people want to get rid of companies so quickly

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