Holding Company

Holding company below the consolidated accounts threshold

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Non-trading holding company, with 85% shares in three small, trading subsidiary companies.
The holding company was created within the last year. The group is below the threshold to produce consolidated accounts, so does the holding company have to file Dormant Accounts? One of the subsidiaries pays a dividend to the holding company, which then pays the same dividend to the sole shareholder - Do the accounts eed to show this?
There are no other transactions from the holding company throughout the whole year. 

Replies (4)

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By tom123
25th Feb 2021 15:33

If it receives and pays a dividend then it is not dormant.

Thanks (1)
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By paul.benny
25th Feb 2021 15:54

Agree with Tom.

Looks like a bit of DIY - what's the point of this holding company if it's only passing through dividends.

And BTW, why choose anonymity? This is hardly a sensitive question.

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Replying to paul.benny:
blue sheep
By NH
25th Feb 2021 16:00

Quote:

Agree with Tom.

Looks like a bit of DIY - what's the point of this holding company if it's only passing through dividends.

I would imagine to ring fence and protect profits.

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Replying to NH:
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By Paul Crowley
25th Feb 2021 16:40

But only if it has a bank account and receives dividends and holds them
85%?
Makes group relief more time consuming
Sounds like clever DIY

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