Dormant Limited Liability Partnership Annual Accounts Filing: £200

The easiest way to start a new company formation

#1. Summary
#2. The Penalties For Not Filing Annual Accounts For an LLP
#3. Living Abroad No Buffer to Non-Filing or Non-Payment of UK Taxes
#4. Outsource Your LLP Annual Account Preparation and Filing

The cheapest way to start a new company registration

#5. Dormant Limited Liability Partnership Annual Accounts Filing: £200
#6. Preparation & Filing Annual Accounts For The Active LLP: £850
#7. Preparation and Filing Annual Accounts For The Trading LLP: £1,200

Dormant limited liability partnership annual accounts filing: £200.00

All limited liability partnerships (LLPs), whether dormant or trading, must file a set of annual accounts each year with both Companies House and HM Revenue and Customs (HMRC). A dormant LLP must therefore retain all the same annual accounting records as a trading LLP.

A dormant LLP is defined by having "no significant accounting transactions" during an accounting period. When preparing accounts, the partners of an LLP are free to ignore the following transactions if they are the only transactions associated with the business: -

Payment for membership contribution in a limited liability partnership
Fees paid to Companies House
Payment of late filing penalties to Companies House and HMRC

Preparing and filing dormant limited liability partnership annual accounts with Companies House and HMRC: dormant LLPs must prepare and deliver a balance sheet and notes to Companies House. The balance sheet must contain previous year's figures for the purposes of comparison. Dormant LLPs do not need to provide a profit and loss account or members' report. Dormant LLPs can not file their annual accounts online, using Companies House web filing service, the dormant LLP accounts can be filed on paper format only. If your limited liability partnership is dormant, and you require assistance with filing dormant LLP annual accounts, contact us today!