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Incorrect LLP accounts

 

LLP accounts format

All LLP whether you are big, medium sized or small must prepare your accounts according to the Companies Act 2006 prescribed format. Companies House will reject your LLP accounts if it does not meet the legislation requirements.

Situations where your LLP accounts will be returned to you for amendments are:

1. Your LLP balance sheet page is not signed.
2. Your LLP do not qualify for audit exemption and you submit unaudited LLP accounts.
3. Your LLP do not qualify as small LLP but your LLP accounts format are prepared according to small LLP accounts format.
4. Important disclosure notes are not included within your LLP accounts.

It is highly recommended that you seek qualified accountant assistance from the beginning to ensure you aware of the legal filing obligations. If you have an accountant to help you with your LLP accounts preparation, the problems mentioned above would be taken care of before submission.

Please be reminded that your LLP is liable to pay the late filing penalty if the amended LLP accounts are filed late, even if you submitted your LLP accounts to Companies House by post before the filing deadline initially.

 
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