Accounts Production – Dormant company accounts – balance sheet text

written by Digita Support, 4 June 2010

It has been brought to our attention that the audit exempt paragraph on the dormant accounts balance sheet has not been updated to the Companies House simplified version.

The balance sheet should contain the following text:

Audit Exemption Statement

For the year ending ………………………. (dd/mm/yyyy) the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors’ responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

A private company that qualifies as small should also include the following statement on the balance sheet:

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

 

In order to amend the current narrative, please take the following action:

  • Generate the set of accounts
  • Right click over the paragraph on the balance sheet and select Design > XML, when logged in with Administrator rights.
  •  The narrative of the accounts can be amended there.
  • Once the amendment has been made check that it says “Report template is syntactically correct” before pressing either Apply or Ok.

Further details can be found on the companies house website at:

http://www.companieshouse.gov.uk/companiesAct/implementations/apr2008AccStatement.shtml

This page can be viewed at http://www.digita.com/userarea/index.php?m=20100604

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