How to file dormant company with Companies house

[Csills73]

Hi All,

I wonder if anyone can help me please?

We have a company that hasn’t been traded for around 4 years. Last year the accountant prepared dormant accounts and submitted to companies house. This year they don’t want to use the accountant and want the bookkeeper to do it. On companies house we can’t select ‘file dormant companies’ because some criteria doesn’t match. Is it better to choose micro entity accounts or small accounts? There is some related party transactions in the account note last year which I don’t know if needs to be disclosed. If we chose to file as micro entity how do I disclose that the company is a dormant company? I assume it doesn’t have to be filed with HMRC too?



Many thanks

 

[Scalloway]

Filing dormant company accounts

https://www.gov.uk/annual-accounts/microentities-small-and-dormant-companies

You can file micro entity accounts if it has any 2 of the following:

• a turnover of £632,000 or less
• £316,000 or less on its balance sheet
• 10 employees or less

You need to let HMRC the company is dormant. Your accountant may have already done this if there was no taxable income in previous year's accounts.

 

[Csills73]

Thank you for coming back to me. Do I have to add a note saying that the company is dormant or is it enough that the accountant previously let HMRC know?
I also noticed that on the previous conformation statement the number of shares are incorrect and they say they are unpaid but they are paid.
Can I just change it on the next confirmation statement and is there anything else I have to do about it? I appreciate your help

 

[Scalloway]

I've just looked at the accounts of a dormant company I know and the fact that the company is not trading is shown in the director's report.

If the company has not received notice to file a corporation tax tax return them there is no need to inform HMRC.

Shares do not appear on the confirmation statement.

 

[Csills73]

Thanks for checking. I've just looked at the confirmation statement and you have to confirm the Class of the share, number of shares, aggregate nominal value, total number of shares issued, total aggregate value of shares issued and total aggregate amount unpaid.
If I change the number of shares on the confirmation statement which needs to be done in a weeks time, I am not sure if it would be a problem or not.

 

[Scalloway]

The form you are speaking about sounds like an annual return rather than a confirmation statement. The annual return is not used nowadays. This is the form that should be used to file by post.

https://assets.publishing.service.g...ads/attachment_data/file/620970/CS01_V2.0.pdf

Changes to shares etc need to be done with another form.