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The winding up of your company for Corporation Tax purposes normally starts on whichever is first: At the start of your company being wound up, your current Corporation Tax accounting period comes to an end and a new accounting period begins.From that point on, your company’s accounting periods run for periods of 12 months until the winding up is complete.
In some cases, where you continue not to pay your company’s Corporation Tax, HM Revenue and Customs () will apply to the court for a winding up order to have your company closed down.
The balance sheet for your company shows your assets, your liabilities and the owners' equity.
Investments are listed as assets, but they're not all clumped together.
Our sole business objective is to orderly dispose of the assets assigned to us by New York REIT.
For a description of our assets please see the Portfolio section.