non trading accounts

[bizzybecs]

hi i am looking for a bit of advice if anyone can help..

i started a ltd co may 08, i bought some stock items but due to moving house, pregnancy and lack of time this company remained an idea and i never actuallt started trading. Due to my own lack of organisationand lack of time i never informed hmrc/companies house.

i have just purchased diyaccounting.com as i need to file accounts by next week, having recieved a reminder letter. I have opened the files sent by diyaccounting at to be honest i am still bafffled.

All i want to do is show my purchases, is this programme going to be suitable for this ? I am correct in thinking i need to file accounts as i made purchases and can not file nil account,s is this right ?

do i need to file accounts before being deregistered or struck of, or if i simply do not file accounts can i request to be struck off ??

any help appreciated

thanks

[antonycc]

If you wanted to consider the purchases personal expendature and not a purchase by an otherwise not trading company you could do this. You wouldn't be able to offset future profits against the stock but you should be able to have a nil return as the company has made no transactions.

Try calling the HMRC and ask them to consider the company dormant from the day it was formed, if they agree confim with Companies House what accounts they want and if your limited company can be struck off.

[uejorj]

Further to Anthonycc reply, if you are registered as a Limited company you will need to file a set of accounts within the deadline as advised by Companies house,if you have not traded the company at all (ie in respect of the stock purchased if this was paid for by a personal rather than a business account) You can regard the company as being dormant, however even in this case you will need to file a set of dormant accounts before your deadline otherwise you will face a late filing penalty.
The easiest way to do this is to download form AA02 from the Co House website, unless you have registered to file electronically with Co House. As far as HMRC are concerned you will need to tell them that the company is dormant, but you will need to tell them when you do start trading.
If on the other hand you do not intend to trade then all you need do is ignore the Annual Return reminder when that turns up, by doing this Co House will tell you that unless they get the return they will strike the company off - if this is what you want then ignore the letter.
However be aware that the Annual Accounts and the Annual Return are two entirely different things - the accounts outline the financial activity of the comoany whereas the Annual Return providers the structure of the company ( directors,shareholdings etc).

Rgds

John