LLP accounts software: prepare and file them at Companies House

LLP accounts: the key facts

• Who files: every LLP registered in the UK, every year, including dormant LLPs.
• Deadline: 9 months after the financial year end (a 31 March 2026 year end is due by 31 December 2026).
• Late filing penalty: £150 to £1,500, doubled if last year's accounts were also late (GOV.UK).
• What Taxley prepares: dormant, micro-entity (FRS 105) and small (FRS 102 Section 1A, LLP SORP) accounts, including abridged accounts.
• How it files: to Companies House in iXBRL, with the LLP's authentication code.
• Companies House online service: takes only certain package accounts from LLPs (GOV.UK), so most LLPs file through software, an agent or paper.
• Tax: a trading LLP is normally tax-transparent: the members are taxed on their profit shares (ITTOIA 2005 s.863), and the LLP files a partnership tax return (SA800) with HMRC.

Who is Taxley's LLP accounts software for?

A UK limited liability partnership that qualifies as micro or small, including a dormant LLP, and has at least one designated member shown at Companies House. Before you pay, Taxley checks the financial year you choose and the size limits for this year and, where needed, last year.

For financial years starting on or after 6 April 2025, an LLP is small if it meets two of these: turnover of £15,000,000 or less, a balance sheet total of £7,500,000 or less, and 50 or fewer employees on average. It is micro if it meets two of: turnover of £1,000,000 or less, a balance sheet total of £500,000 or less, and 10 or fewer employees on average (GOV.UK: LLP accounts).

A typical user is a two- or three-member consultancy, property or family LLP that wants to prepare its own accounts from its bookkeeping and file them without paper. Small LLP accounts follow the LLP Statement of Recommended Practice (SORP), which sets out how members' remuneration and members' interests are shown; micro-entity accounts follow FRS 105. If you are still choosing a structure, see our guide to a limited company or an LLP, and to FRS 105 or FRS 102 Section 1A.

What goes into LLP accounts prepared with Taxley?

A balance sheet that shows what the LLP owes its members and a profit and loss account, plus, for small LLPs, members' remuneration shown as an expense, the members' interests reconciliation and the notes the LLP SORP requires. Taxley produces two documents: the members' full accounts and the copy filed at Companies House.

• Balance sheet: net assets attributable to members, split into loans and other debts due to members and members' other interests; small LLP accounts add total members' interests and any amounts due from members.
• Profit and loss account: the profit for the year; small LLP accounts show members' remuneration charged as an expense and the profit available for discretionary division among members.
• Micro-entity notes: the basis of preparation and the average number of employees.
• Members' interests note (small LLPs): a reconciliation of members' interests through the year, with last year's comparatives.
• LLP SORP notes (small LLPs): the policy on members' drawings and remuneration, how loans and other debts due to members rank in a winding up, and members' retirement benefits.
• Companies House copy: filleted, without the profit and loss account, unless the LLP is dormant; small LLPs can also choose abridged accounts.
• Members and signature: loaded from the Companies House register, with the designated member who approves the accounts named on the balance sheet.

How does Taxley compare with paper accounts and an accountant?

Companies House's online service takes only certain package accounts from LLPs, so a micro or small LLP files through software like Taxley, through an agent, or on paper. Every route ends with the same accounts on the public register, and the designated members stay responsible for them (GOV.UK: file your annual accounts).

Taxley, paper accounts and an accountant compared for an LLP's annual accounts

	Taxley	Paper accounts	An accountant
Who prepares them	You, by entering the figures; Taxley lays out the statements and notes.	You, laying out the statements and notes yourself.	The accountant, from the LLP's records.
Members and signature	Members loaded from the register; the designated member you choose approves them.	A designated member signs the paper balance sheet.	A designated member approves the accountant's draft.
How they reach Companies House	Filed online in iXBRL with the authentication code.	By post.	Filed by the accountant.
Cost	£9.50 for dormant accounts, £39.95 for micro-entity accounts and £129 for small LLP accounts.	No filing fee; postage and your time.	Set by the firm; ask for a fixed quote.

How do you file LLP accounts with Taxley?

In five steps: find the LLP, confirm the members, enter the figures, add the members' interests and notes, and file at Companies House with the authentication code. You see the members' accounts and the Companies House copy before anything is sent.

1. Find the LLP and check it is in scope

Search the Companies House register for the LLP, enter its financial year and choose dormant, micro-entity or small accounts. Taxley tells you straight away if the LLP is of a kind it doesn't cover, and checks the size limits once you enter the figures.

2. Confirm the members

Taxley loads the members and designated members from the register. Choose the designated member who will approve and sign the accounts.

3. Enter the figures

Enter the balance sheet, including loans and other debts due to members and members' other interests, and the profit and loss account; small LLP accounts also show members' remuneration charged as an expense.

4. Add the members' interests and notes

For small LLP accounts, enter the movements in members' interests and answer the notes the LLP SORP asks for, such as the policy on drawings and how members' interests rank in a winding up.

5. File at Companies House

Review the members' full accounts and the Companies House copy, pay, then file with the LLP's authentication code. Companies House's reply shows on the filing.

Lost the authentication code? Our guide explains how to get a new Companies House authentication code.

When are LLP accounts due at Companies House?

9 months after the end of the LLP's financial year. A year ending 31 March 2026 is due by 31 December 2026; a year ending 30 April 2026 is due by 31 January 2027, because a period ending on the last day of a month runs to the last day of the later month.

An LLP's first accounts, if they cover more than 12 months, are due 21 months after the LLP was registered, or 3 months after the year end if that is later. Late accounts bring an automatic penalty of £150 up to 1 month late, £375 up to 3 months, £750 up to 6 months and £1,500 after that, doubled if the previous year's accounts were also late (GOV.UK: late filing penalties). Filing late is also an offence for which the designated members can be prosecuted. Our guide to Companies House late filing penalties walks through each band.

What doesn't Taxley's LLP accounts software cover?

LLPs outside the micro and small regimes, LLPs in a group or the financial sector, and anything beyond the annual accounts, such as the SA800 or the confirmation statement. Taxley asks about most of these before you enter any figures, and checks the size limits once you have. It doesn't cover:

• medium or large LLPs, an LLP that was over the limits for the accounts you chose last year (after its first year), or audited accounts;
• an LLP in a group, group accounts, a traded LLP, or a financial-sector LLP such as a bank, insurer, e-money issuer, investment firm or fund manager;
• micro-entity accounts for an investment undertaking, financial holding undertaking, credit institution or insurance undertaking;
• small LLP accounts for periods that began before 1 July 2024 (the 2024 LLP SORP applies from then);
• an LLP with no designated member shown at Companies House, or amending accounts already filed;
• the LLP's partnership tax return (SA800), its confirmation statement, or the members' own tax returns.

Frequently asked questions

Do LLPs have to file accounts at Companies House?

Yes. Every LLP must deliver annual accounts to Companies House, even if it is dormant or made no profit. A designated member approves and signs them, and the LLP is fined automatically if they arrive late.

When are LLP accounts due?

9 months after the LLP's financial year ends: a year ending 31 March 2026 is due by 31 December 2026, and one ending 30 April 2026 by 31 January 2027. First accounts covering more than 12 months are due 21 months after registration, or 3 months after the year end if later.

What happens if LLP accounts are filed late?

Companies House charges an automatic penalty of £150 if they are up to 1 month late, rising to £375, £750 and £1,500 after 1, 3 and 6 months. The penalty doubles if the previous year's accounts were also late.

Do LLP accounts show the members' profit shares?

Small LLP accounts include a note reconciling members' interests: each class of members' capital, loans and other debts due to members and other interests, and how they moved in the year. The Companies House copy can leave out the profit and loss account.

Does an LLP pay Corporation Tax?

Normally no. A trading LLP is usually tax-transparent: each member is taxed on its profit share, an individual through their own Self Assessment return and a company member through its Corporation Tax return, and the LLP files a partnership tax return (SA800). Taxley files the LLP's accounts at Companies House; the SA800 is a separate return.

Can an LLP file its accounts with Companies House's online service?

Only certain package accounts. Companies House's own online accounts service accepts only some package accounts from an LLP, so most LLPs file their accounts through software such as Taxley, through an agent, or on paper.

What do I need to file LLP accounts with Taxley?

The LLP's registered number, its 6-character Companies House authentication code, the balance sheet figures at the year end (and the profit and loss account for the members' copy), last year's figures if the LLP has filed before, and a designated member to approve the accounts.

How much does Taxley charge for LLP accounts?

£9.50 for dormant accounts, £39.95 for micro-entity accounts and £129 for small LLP accounts, each including filing at Companies House, with no VAT added. You can prepare and check the accounts before you pay.

Related pages

• Limited company vs LLP: tax, admin and filing compared
• FRS 105 or FRS 102 Section 1A: which should you use?
• Companies House late filing penalties
• Verify your identity for Companies House