Final accounts for FRS102
When a company is ceasing trading and being closed, there is no requirement to enter a cessation date – although you will need to end the accounts on this date. You can enter the fact that you are using a breakup basis within the policies.
This is accessed via the Policies tab within the accounts, click on
![](https://taxfiler.b-cdn.net/wp-content/uploads/2020/05/FTR1-0837.png)
Select ‘Going concern’ policy.
You should then choose Break-up basis from the drop-down list, under Preparation and enter an explanation in the free text field available.
![](https://taxfiler.b-cdn.net/wp-content/uploads/2020/05/FTR2-0839.png)