I am preparing the accounts of A Ltd. A Ltd is owned by Mr and Mrs C. It is a small Ltd Co and the accounts are being prepared under FRSSE Jan 2015.
B Ltd is owned by Mr C
B ltd has a 50% share of ABC ltd.
ABC Ltd trades with A ltd and there has been a significant bad debt write off in the accounts. Is this a repated party transaction? Do I need to disclose the balance o/s at the end of the period, the nature of the transactions and the amount of the write off? Anything else?