Filing Dormant Company Accounts

Hello,

I’m looking for somebody to help me file my annual accounts.
I already checked the offers here on quickfile and would take them, but there is one little catch.

I have zero transactions and zero activity with my Ltd. company but i did not say it’s dormant.

One year ago I opened a UK Ltd. for a research project and also made my account on quickfile.co.uk
I wrote down the whole process that was involved and all the requirements that i learned about during this first year.
I already did the annual return and also recorded that. I plan to publish a series of articles about my experience about the bureaucracy and costs involved in this little experiment.

One final thing that’s left for me because I can get busy writing the articles is filing the annual return.
I assume it’s the most easy task to do this for a company that had actually zero activity and what I am really really urgently looking for is somebody to record the process of doing everything that is necessary via Screencast.

There are browser plugins to very easily record your desktop while doing something and saving it as a video file.
I would also be happy if the person could make some comments during filing everything to make it easier for me to later write the series of articles.

I can also publish the results later if somebody is interested :slight_smile:

So is there somebody who could do that for me?

Kind Regards

This should help if you have dormant company http://resources.companieshouse.gov.uk/webfiling/demoVideos/dormantAccounts.shtml

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Thank you.

One question - is there a difference between filing annual accounts for a dormant company and filing annual accounts for a company that did not have any activity that caused transactions or any kind of changes in balance sheets like in my case?

In case that there is a difference and it’s possible to file not as a dormant company but as one that just did not have activity, I would prefer the latter. In the video they also mentioned “abbreviated accounts” and I’m wondering if it’s possible to file as those and if there would be any differences in practice.

For the articles i want to write, it would be nice to have screenshots of all the relevant sections for the case that somebody actually has more than zero activity.

This should help https://www.yourcompanyformations.co.uk/blog/what-is-a-dormant-limited-company-non-trading/

@serapath - There are also a few articles from our sister company, Company Wizard, that you may find useful:

https://www.companywizard.co.uk/blog/making-your-company-dormant
https://www.companywizard.co.uk/support/dormant_companies

There is a difference yes, if a company has never traded then it will have very few lines on the balance sheet, in fact really it will just include the nominal share capital.

If a company has previous trading activity prior to this accounting period and if no transactions occurred in the last period you’d need to file abbreviated accounts. In this case the accounts would be more or less a copy paste from the previous year (i.e. your balance sheet figures will look the same with different dates). There may be additional entries on your balance sheet for any assets or long term liabilities held. So with this scenario you can’t use the simplified DCA filing option at Companies House, nonetheless it should still be quite straightforward.

Thank you Glenn.

I created my company a year ago as a research project.
I now need to file my annual accounts with no previous trading actiity, which seems to say i can use the DCA filing option.

Although I can use it, I wonder if it was also possible to use the “abbreviated accounts” option and copy paste a balance sheet where everything is zero, just so my articles and screenshots and videos include the relevant stuff that people usually need to know about.

The DCA filing option seems to be something that is a very rare edge case and wont be as useful to most readers, so i would prefer to have abbreviated accounts so i can make some comments on the process if there was more than zero actiity.
You mention it is still quite straightforward so I’m hoping somebody could help me doing this for me and recording a short screencast.
I found the “screencastify” tool that makes this really easy. https://www.screencastify.com/ & https://chrome.google.com/webstore/detail/screencastify-screen-vide/mmeijimgabbpbgpdklnllpncmdofkcpn

I would also be happy if somebody could also comment on company taxes even though it seems a dormant company is excluded from taxes.
If possible, I would rather file an empty tax statement to have this activity in my articles. It makes them a lot more useful.

I’m asking all this, because I am looking for somebody who could do this extra requirement of recording a screencast.

Maybe actually paying the accountant for this process of filing is the thing that makes at least one transaction :slight_smile: …so it’s not dormant and taxes need to be payed :slight_smile:

We work with a panel of accountants who are likely to be able to help you with this process. Once you log into your QuickFile account, you’ll see an option in the top right hand corner, like this:

If you select the option to get a quote, you’ll have the opportunity to write what you’re trying to do:

This will be sent to a panel of accountants who should be able to guide you from there.

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