File Your LLP Accounts and Tax Return Hassle-Free

Seeking expert assistance for your Limited Liability Partnership (LLP) accounts in the UK? Our team of seasoned professionals is ready to offer expert guidance at every step of the way.

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What You Need to Know about Filing Your LLP Accounts

Filing your LLP accounts is an essential obligation for every limited liability partnership (LLP) in the UK. Referred to as 'statutory accounts,' these must be prepared and submitted annually to both Companies House and HMRC, alongside the LLP's tax return.

Content of LLP Accounts

Your LLP’s statutory accounts should include the Statement of Financial Position (Balance Sheet), Statement of Comprehensive Income (Profit and Loss Account), Notes to the Accounts, and Member’s Report.

Penalties for Late Filing

Failure to deliver accounts on time results in a civil penalty being imposed on the LLP. The amount of the penalty depends on how late the accounts are filed, ranging from £150 to £1,500.

Deadline for Filing

The deadline for filing annual accounts is nine months from the financial year-end. For the first year, the deadline is either 21 months from the date of incorporation or three months from the accounting reference date, whichever is longer.

Audit Requirements

Small and micro LLPs typically do not require an audit of their accounts. However, medium and large LLPs are generally subject to audit requirements.

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Why Choose us for your LLP Accounts?

We are specialist accountants and tax advisers for your property business! The service delivered by our qualified and experienced team is tailored as per your needs. Our accomplished tech-embedded service with exceptional property tax insight makes us stand out from the rest.

Expertise and Experience

We have a team of highly skilled professionals with extensive expertise in handling LLP accounts. With years of experience, we possess the knowledge and proficiency to accurately prepare and file your LLP accounts, ensuring compliance with all relevant regulations.

Tailored Solutions

We understand that every business is unique. We offer tailored solutions to meet your specific accounting needs and adapt our services to suit the size and complexity of your LLP, providing personalised attention to your requirements.

Timely and Efficient Service

We value your time and strive to deliver our services in a timely and efficient manner. We work diligently to meet filing deadlines and ensure that your LLP accounts are prepared accurately and promptly.

Compliance and Accuracy

Compliance with accounting regulations is of utmost importance. Our meticulous approach ensures that your LLP accounts are prepared in accordance with the latest standards and regulations.

Proactive Tax Planning

We go beyond just preparing your LLP accounts. Our team offers proactive tax planning advice to help optimise your tax strategies, identify potential savings, and ensure you are taking advantage of available tax incentives and reliefs.

Cost-Effective Solutions

Our services are competitively priced, providing excellent value for the expertise and quality we offer. We work with you to find the most cost-effective solutions that meet your accounting needs without compromising on the quality of service.