Scope and Process
A company having no trading activity does not automatically mean that dormant accounts are appropriate. Bank charges, income, expenses, salaries, dividends and other significant accounting transactions may affect eligibility. First Choice Bookkeeping reviews the company's position and financial information before preparing the filing.
Dormant eligibility, period transactions and financial information are reviewed before the Companies House accounts are prepared.
- Review of the accounting period and dormant eligibility
- Assessment of significant accounting transactions
- Check of share capital and prior-period information
- Preparation of the dormant balance sheet and required notes
- Director approval and Companies House submission
- Acceptance and next filing-date follow-up
What is included in the Dormant Accounts service?
The main workstreams we prepare, coordinate and deliver as part of the service.
Period and transaction review
The accounting reference date, filing period and financial movements are assessed against the Companies House dormant conditions.
Accounts preparation
Share capital, net assets, prior-year comparatives and the required balance-sheet statements are prepared in the appropriate format.
Director approval and filing
The accounts are provided to an authorised director for approval and submitted to Companies House once confirmed.
Frequently Asked Questions
Qualifying companies with no significant accounting transactions during the relevant financial year may be able to file dormant accounts with Companies House.
Bank charges, interest, payments or receipts may affect eligibility. Every movement should be reviewed before the dormant filing is prepared.
Yes. Dormant accounts and the Confirmation Statement are separate annual obligations, and a dormant company must continue filing both where applicable.
The date on which trading ceased and the transactions in the relevant period must be reviewed. A company that previously traded may require accounts outside the standard dormant filing scope.
Yes. Dormant companies are subject to the same Companies House accounts filing deadlines and late-filing penalty framework.