N
newbienew
- Original Poster
- #1
This is my situation;
I activated my company from dormant, did a little work and then got distracted and have done no work through the company for over a year. I didn't go dormant because I hoped to pick things up again in the future when i had time - though i was not trading, i was advised that i could not go dormant because I had a company bank account (very little in it, just used to pay for registered office address service and accountancy) but i am wondering if this is correct as although i had bank account i have not 'traded' for some time/ .
I have just had accounts done for the year in which i did actually trade - i really dont want pay an accountant next year to do a corporation tax return and just right 00 00 in every box as i have not traded. I feel the company should be dormant but i dont want to close the company bank account if i do go dormant as maybe in 12 months or so, i might have time to work on the company again and would like start trading once again (when i would change status back to active).
I have looked at companies house notes but can't seem to nail down whether its ok as a dormant co to have bank account.
Very grateful for any advice
I activated my company from dormant, did a little work and then got distracted and have done no work through the company for over a year. I didn't go dormant because I hoped to pick things up again in the future when i had time - though i was not trading, i was advised that i could not go dormant because I had a company bank account (very little in it, just used to pay for registered office address service and accountancy) but i am wondering if this is correct as although i had bank account i have not 'traded' for some time/ .
I have just had accounts done for the year in which i did actually trade - i really dont want pay an accountant next year to do a corporation tax return and just right 00 00 in every box as i have not traded. I feel the company should be dormant but i dont want to close the company bank account if i do go dormant as maybe in 12 months or so, i might have time to work on the company again and would like start trading once again (when i would change status back to active).
I have looked at companies house notes but can't seem to nail down whether its ok as a dormant co to have bank account.
Very grateful for any advice
