Company accounting convention wording FRSSE

[Daytona]

Is this accounting convention still valid for a dormant company ? -

"The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2005)."

[Charlottesquare]

FRSSE is no more, it is an ex approach, expired, bereft of life.........

Take a look at FRS105 or (but likely not wanted) FRS102.

https://www.frc.org.uk/getattachment/fb ... Y-2015.pdf

https://www.frc.org.uk/getattachment/69 ... -2018).pdf

[Daytona]

Thanks Charlottesquare, my company was active then dormant for about 8 years and has zero transactions and balances so do you know of an example that shows me what wording to use under FRS105? I usually send in paper accounts after CH broke the link with HMCR dunno if it's easier online or if I have access.

[M0n1ter]

Thanks Charlottesquare, my company was active then dormant for about 8 years and has zero transactions and balances so do you know of an example that shows me what wording to use under FRS105? I usually send in paper accounts after CH broke the link with HMCR dunno if it's easier online or if I have access.

Hi Daytona
If you have the companies house authorisation code you can easily file using the companies house new online site - which will handle the wording for you. You just need the numbers - and if nothing has happened that should be very straightforward.