A 'significant' accounting transaction is defined as one that should be recorded in the company's accounting records. When determining whether a company is dormant, the following financial transactions may be disregarded:
- Payment for shares taken by subscribers to the memorandum of association
- A fee paid to Companies House for a change of company name, re-registration of a company, or filing of a confirmation statement
- Payment made to Companies House as a penalty for failure to deliver accounts
Please note: Transfers other than the above in and out of a company bank account would result in the loss of dormant status for a company. You should take this into consideration if you intend to file dormant company accounts.
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