A Company is Dormant if it has had no 'significant accounting transactions' throughout a financial period. If a Company’s only financial transactions have been limited to:
Payment for shares taken by subscribers to the Memorandum of Association.
Filing fees paid to Companies House for a change of Company Name, or the re-registration of a company or for filing annual returns.
Payment made in respect of civil penalties imposed by Companies House for delivering accounts to the Registrar after the statutory time allowed for filing.
then the Company is considered to have been Dormant and may take advantage of the Dormant Company Accounts provisions of the Companies Act 2006.
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