Hello all, We have a small retail partnership non vat regd, accrual accounted, and depending on personal circumstances, we may have to end it later on this year. The business is profitable and solvent, and all taxes paid on time, and we will probably be left with about £8k of stock in the end. How is this accounted for, its it ours? do we need to purchase it ourselves, can we write it off/give it away, or sell it for a pepercorn, just confused as to how it will be shown on final year return on cogs opening+purchases-closing? confused. please help!