UK Statutory Instrument SI 2008/1912 United Kingdom

The Small Limited Liability Partnerships (Accounts) Regulations 2008

Read it on legislation.gov.uk (opens in a new tab)
Status
In Force
Penalty ceiling
Regulated

Does it bind you?

Business-side roles with duties under this instrument.

Director or Officer7 Any Person6 Employer1

Other Acts binding the same actors

If a role above is yours, these are the other instruments that most often bind it.

Director or Officer — also bound by 429 other Acts
Companies Act 2006 126 duties
Any Person — also bound by 2340 other Acts
Employer — also bound by 682 other Acts
TULRCA 1992 72 duties

What it requires

Regulations creating concrete business duties or carrying penalties, grouped as the instrument is structured. Titles link to the source text — blue means you’re leaving for legislation.gov.uk.

sch. 1 sch. 1 Regulated
  • Prepare accounts using prescribed formatDirector or Officer
12 other provisions — procedural and definitional
s.001 Citation and interpretation
s.002 Commencement and application
s.003 Non-IAS individual accounts
s.004 Information about related undertakings (non-IAS or IAS individual accounts)
s.005 Accounts for delivery to registrar of companies (non-IAS individual accounts)
s.005 Non-IAS individual accounts: micro-entities – notes to the accounts
s.006 Non-IAS group accounts
s.007 Information about related undertakings (Non-IAS or IAS group accounts)
s.008 General interpretation
s.009 Review
s.para.26 Format 1
s.para.27 Format 2
Schedules

Schedules

13 of 139 shown
s.sch001 Accounting policies and measurement bases must be applied consistently within... Regulated
  • Apply accounting policies consistently in your accountsAny Person
s.sch001 The amount of any item must be determined on a... Regulated
  • Prepare annual accounts on a prudent basisAny Person
s.sch001 The opening balance sheet for each financial year must correspond... Regulated
  • Ensure opening balance sheet matches closing balance sheet from previous yearAny Person
s.sch001 Intangible assets Regulated
  • Disclose development cost amortisation and capitalisation reasonsDirector or Officer
s.sch001 (1) Intangible assets must be written off over the useful... Regulated
  • Write off intangible assets over their useful economic lifeDirector or Officer
s.sch001 Application of the depreciation rules Regulated
  • Apply depreciation rules correctly when using alternative accounting valuationsAny Person
s.sch001 Disclosure of accounting policies Regulated
  • Disclose accounting policies in annual accountsDirector or Officer
s.sch001 Details of indebtedness Regulated
  • Disclose details of long-term and secured debt in balance sheet notesDirector or Officer
s.sch001 Parent undertaking information Regulated
  • Include parent undertaking details in LLP accountsAny Person
s.sch001 Related party transactions Regulated
  • Disclose material related party transactions in accountsDirector or Officer
s.sch004 (1) Where an LLP adopts the merger method of accounting,... Regulated
  • Use merger accounting rules when combining with another businessEmployer
s.sch004 Where an acquisition has taken place in the financial year... Regulated
  • Disclose acquired undertakings' names and registered offices in accounts notesAny Person
s.sch004 Any differences of accounting rules as between a parent LLP's... Regulated
  • Disclose differences between parent LLP's individual and group accountsDirector or Officer
126 other schedules
s.sch001 (1) Subject to the following provisions of this Schedule—
s.sch001 Preliminary
s.sch001 Accounting principles
s.sch001 All income and charges relating to the financial year to...
s.sch001 In determining the aggregate amount of any item, the amount...
s.sch001 Preliminary
s.sch001 General rules
s.sch001 Rules for depreciation and diminution in value
s.sch001 (1) Where a fixed asset investment of a description falling...
s.sch001 (1) Where appropriate to the circumstances of an LLP ’s...
s.sch001 (1) The members of the LLP may adapt one of...
s.sch001 So far as is practicable, the following provisions of this...
s.sch001 (1) Where in accordance with paragraph 1(1) an LLP's balance...
s.sch001 (1) Where the reasons for which any provision was made...
s.sch001 Current assets
s.sch001 (1) If the net realisable value of any current asset...
s.sch001 Excess of money owed over value received as an asset item
s.sch001 Assets included at a fixed amount
s.sch001 Determination of purchase price or production cost
s.sch001 (1) The purchase price or production cost of—
s.sch001 Substitution of original stated amount where price or cost unknown
s.sch001 Equity method in respect of participating interests
s.sch001 Where in accordance with paragraph 1(1A) an LLP ’s balance...
s.sch001 (1) Any item required to be shown in an LLP's...
s.sch001 Preliminary
s.sch001 Subject to paragraphs 33 to 35, the amounts to be...
s.sch001 Alternative accounting rules
s.sch001 Additional information to be provided in case of departure from historical cost accounting rules
s.sch001 Revaluation reserve
s.sch001 Inclusion of financial instruments at fair value
s.sch001 Determination of fair value
s.sch001 Hedged items
s.sch001 Other assets that may be included at fair value
s.sch001 (1) Where the special nature of the LLP's business requires...
s.sch001 Accounting for changes in value
s.sch001 The fair value reserve
s.sch001 Preliminary
s.sch001 Reserves
s.sch001 Paragraphs 47 to 55 require information which either supplements the...
s.sch001 Loans and other debts due to members
s.sch001 Fixed assets
s.sch001 Where any fixed assets of the LLP (other than listed...
s.sch001 Investments
s.sch001 (1) Subject to sub-paragraph (2), the members must not include...
s.sch001 Information about fair value of assets and liabilities
s.sch001 (1) This paragraph applies if— (a) the LLP has financial...
s.sch001 Information where investment property and living animals and plants included at fair value
s.sch001 Information about revalued fixed assets
s.sch001 Guarantees and other financial commitments
s.sch001 Miscellaneous matters
s.sch001 Information supplementing the profit and loss account
s.sch001 Particulars of turnover
s.sch001 Miscellaneous matters
s.sch001 Every profit and loss account other than one prepared by...
s.sch001 Sums denominated in foreign currencies
s.sch001 Dormant LLPs acting as agents
s.sch001 Post balance sheet events
s.sch001 (1) For every item shown in the balance sheet or...
s.sch001 Amounts in respect of items representing assets or income may...
s.sch001 The members of the LLP must, in determining how amounts...
s.sch001 Where an asset or liability relates to more than one...
s.sch002 Subsidiary undertakings
s.sch002 Holdings in subsidiary undertakings
s.sch002 Financial information about subsidiary undertakings
s.sch002 Significant holdings in undertakings other than subsidiary undertakings
s.sch002 (1) The name of the undertaking must be stated.
s.sch002 (1) There must also be stated— (a) the aggregate amount...
s.sch002 Parent undertaking drawing up accounts for larger group
s.sch002 Identification of ultimate parent
s.sch002 Construction of references to shares held by LLP
s.sch003 (1) An LLP may deliver to the registrar a copy...
s.sch003 Preliminary
s.sch003 Disclosure of accounting policies
s.sch003 Fixed assets
s.sch003 Financial fixed assets
s.sch003 Details of indebtedness
s.sch003 Sums denominated in foreign currencies
s.sch003 Dormant LLPs acting as agents
s.sch004 General rules
s.sch004 The conditions for accounting for an acquisition as a merger...
s.sch004 (1) Where a group is acquired, paragraphs 9 to 11...
s.sch004 (1) The following information with respect to acquisitions taking place...
s.sch004 (1) There must also be stated in a note to...
s.sch004 Where during the financial year there has been a disposal...
s.sch004 The information required by paragraph 13, 14 or 15 need...
s.sch004 Non-controlling interests
s.sch004 Joint ventures
s.sch004 Associated undertakings
s.sch004 (1) The consolidated balance sheet and profit and loss account...
s.sch004 (1) The interest of an undertaking in an associated undertaking,...
s.sch004 Deferred tax balances
s.sch004 Related party transactions
s.sch004 Introduction and interpretation
s.sch004 Subsidiary undertakings
s.sch004 Holdings in subsidiary undertakings
s.sch004 Financial information about subsidiary undertakings not included in the consolidation
s.sch004 Joint ventures
s.sch004 Associated undertakings
s.sch004 Other significant holdings of parent LLP or group
s.sch004 (1) The name of the undertaking must be stated.
s.sch004 (1) There must also be stated— (a) the aggregate amount...
s.sch004 (1) Where assets and liabilities to be included in the...
s.sch004 (1) The information required by paragraphs 31 and 32 must...
s.sch004 (1) The name of the undertaking must be stated.
s.sch004 (1) There must also be stated— (a) the aggregate amount...
s.sch004 Parent undertaking drawing up accounts for larger group
s.sch004 Identification of ultimate parent
s.sch004 Construction of references to shares held by parent LLP or group
s.sch004 Amounts that in the particular context of any provision of...
s.sch004 Elimination of group transactions
s.sch004 Acquisition and merger accounting
s.sch004 An acquisition must be accounted for by the acquisition method...
s.sch004 (1) The acquisition method of accounting is as follows.
s.sch005 Financial instruments
s.sch005 References to provisions for liabilities are to any amount retained...
s.sch005 Purchase price
s.sch005 Staff costs
s.sch005 (1) The expressions listed in sub-paragraph (2) have the same...
s.sch005 Fixed and current assets
s.sch005 Historical cost accounting rules
s.sch005 Listed investments
s.sch005 Loans
s.sch005 Materiality
s.sch005 Participating interests
s.sch005 Provisions
s.schedule/1/part/1/crossheading/the/required/format Format 1 (see note (12) below) 1. Turnover 2. Cost...

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