Dividends still showing in balance sheet

Accounting
1

This is the journal I created both declared and paid in March;

Declared,
3101 Retained Profits Debit £
3102 Dividends Paid Credit £

Paid,
3102 Dividends Paid Debit £
1200 Current Account Credit £

I ran the year end journal for August:

Yet the Dividend is still showing in the profits-undistributed reserves in the balance sheet?

Thanks

2

Just record money out transaction from bank and tag it to 3102 Dividends Paid. No need of any journal

3

How do I ‘tag’ transactions?

I’ve always done journals. I did similar for corporation Tax and it cleared fine at year end.

Thanks

4

This should help Tagging your bank transactions

5

Are you definitely looking at the right date for the balance sheet? I find it can have an annoying tendency to pick whatever date you were looking at last, rather than defaulting to the year end date.