How to file Dormant Company Accounts?

Preparation of Dormant Company Accounts:

When preparing dormant accounts, adhering to the Companies Act 2006 and relevant accounting standards is essential. Dormant accounts consist of a balance sheet and accompanying notes, providing a snapshot of the company’s financial position.

 

Reporting Period:

Dormant accounts should cover a specific accounting period, typically one year. The reporting period starts from the date of incorporation or the previous accounting period’s end date.

 

Balance Sheet Requirements:

The dormant company’s balance sheet should include fixed assets, current assets, and capital and reserves. These accounts should be prepared in accordance with the applicable accounting standards, ensuring accurate representation of the company’s financial position.

 

Notes to the Accounts:

The accompanying notes to the accounts should provide additional information about the company’s dormant status, its activities during the reporting period, and any significant events that may have occurred.