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
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.