Filing of LLP accounts and auditor’s reports
Filing of LLP accounts and auditor’s reports

The following Corporate guidance note provides comprehensive and up to date legal information covering:

  • Filing of LLP accounts and auditor’s reports
  • Coronavirus (COVID-19) impact—temporary extension of time to publish and file accounts
  • Brexit impact
  • Period for filing accounts
  • Small LLPs
  • Micro-entities
  • Large and medium-sized LLPs

The members of an LLP have a duty to deliver its accounts and reports for each financial year to Companies House, unless the LLP falls within the dormant subsidiaries exemption in section 448A of the Companies Act 2006 (CA 2006). The availability of the dormant subsidiaries exemption to LLPs is identical to that applicable to companies and is discussed further in Practice Note: Dormant companies—accounts and audit—Dormant company exemption from the requirement to file accounts.

According to the status of the LLP in the financial year in question, there will be some variation in the form and content of the accounts and reports that are filed.

For a general overview of the statutory framework governing LLP annual accounts and reports, see Practice Note: LLP Accounts and reports—an outline of the statutory framework.

Coronavirus (COVID-19) impact—temporary extension of time to publish and file accounts

The Corporate Insolvency and Governance Act 2020 which came into force on 26 June 2020 and The Companies etc. (Filing Requirements) (Temporary Modifications) Regulations 2020 which came into force on 27 June 2020 provide temporary extensions of the period for companies to file their accounts and reports.

For further information see What if companies need more time to publish and file their accounts? in Practice Note: Coronavirus (COVID-19)—impact on annual accounts and reports and also Practice Note: Coronavirus (COVID–19)—impact on