I'm currently filing a CT1 for my small business (limited company). I'm in the process of striking off the company so the only liabilities are Director's Current Account, money owed to myself. This is greater than the assets of the company. This listed as a current liability in the balance sheet.
For calculating Shareholder's Funds for the CT1 form, should I include the Director's Current Account? This would mean a negative value for Shareholder's Funds, which technically would indicate the company is insolvent.
Is this what Revenue would expect to see in this situation? Or does it not matter too much as the company has already ceased trading?
Thanks in advance,