Asset Register & Balance Sheet should still list 1st year and AIA CapEx items?

[Andrew@Wisteria]

If you had treated it correctly initially you would have depreciated it also in the accounts. Given impact is unlikely to be material, I wouldn't bother with the above process. The tax relief on the purchase (via expenses or AIA) would have been the same last year. HMRC don't have a fixed asset register for you to report, it's an internal process. Ultimately it's already been dealt with for tax, so the above is a waste of time.

[7specialgems]

I've recently lost a laptop that I bought as a first year cap ex (£700 purchase).

In reading around to see how I account for that loss in my books, it would seem that:

1. Despite that CapEx being expensed in full, I should have listed it as a Fixed Asset on my Balance Sheet and I should have been writing down its value on interval
2. First Year CapExs still need to go on a Fixed Asset Register even though they were expensed
3. The loss is 'reported' by removing the 1st year CapEx asset as a fixed asset from the Balance Sheet
4. The loss is also 'reported' by setting an end date on (or otherwise removing) the 1st year CapEx asset from the Fixed Asset Register

Can anyone in the know confirm or correct my understanding?