Hey everyone. Time to file accounts for the first time. Essentially in the first year the business didn’t trade at all. (Started trading right after the accounting year end date). So the balance for the year would have been £0 except that I put £100 into the account as essentially a business loan from me, ready for upcoming expenses.
Would the company still be classed as dormant (because of the loan)? Or does the loan mean I can’t file dormant accounts? I will be paying for an accounting service to do the accounts but they all seem to want to know straight away what kind of accounts I need and I’m just not sure!
Thanks so much and I apologise for what is no doubt a very very basic question!