- freephone
- 0800 0685 362
- telephone
- 0117 923 8445
- facsimile
- 0117 973 6806
- enquiries@hanovercompanyservices.com
Hanover Company Services, 44 Upper Belgrave Road, Clifton, Bristol BS8 2XN
Company Formation Specialists
Back to FAQPartnership Accounts
For What Period And When Must The Partnership Accounts Be Prepared
And Delivered?
The accounts may cover any period up to 18 months which may be
specified in the partnership agreement. If a period is not specified
in the agreement, the partnership accounts must be drawn up for
each 12-month period ending on 31 March in each year.
The partnership accounts must be prepared within a period of
10 months after the end of the financial year.
When partnership accounts are prepared, they must be attached
to the next accounts of each partner that is a limited company
and delivered to Companies House. A limited company that is a
member of a qualifying partnership must supply to any person on
request:
- the name of each partner required to deliver copies of the
partnership accounts to the Registrar; and
- the name of each partner incorporated in another EEA member
state who is required to publish the partnership accounts in
that state.
When a qualifying partnership has its head office in Great Britain
and each of the partners is:
- an undertaking comparable to a limited company incorporated
outside the United Kingdom or other EEA state; or
- an undertaking comparable to an unlimited company or partnership
formed under the law of such a country with each of its members
a limited or comparable undertaking; then
the partnership must:
- make the latest accounts of the partnership available for
inspection by any person, without charge, during business hours
at the head office of the partnership, together with a certified
translation, if the original is not in English; and each member
of the partnership must:
- supply to any person on request a copy of the latest accounts
of the partnership (together with a translation if the original
is not in English). A fee may be charged to cover the administrative
cost of supplying the copy, but no more.
COMPLIANCE
Every partner in a qualifying partnership or every director of
a company that is a partner may be prosecuted and fined up to
£5,000. Top Of Page
Online Company Formation
For What Period And When Must The Partnership Accounts Be Prepared And Delivered?
The accounts may cover any period up to 18 months which may be specified in the partnership agreement. If a period is not specified in the agreement, the partnership accounts must be drawn up for each 12-month period ending on 31 March in each year.
The partnership accounts must be prepared within a period of 10 months after the end of the financial year.
When partnership accounts are prepared, they must be attached to the next accounts of each partner that is a limited company and delivered to Companies House. A limited company that is a member of a qualifying partnership must supply to any person on request:
- the name of each partner required to deliver copies of the partnership accounts to the Registrar; and
- the name of each partner incorporated in another EEA member state who is required to publish the partnership accounts in that state.
When a qualifying partnership has its head office in Great Britain and each of the partners is:
- an undertaking comparable to a limited company incorporated outside the United Kingdom or other EEA state; or
- an undertaking comparable to an unlimited company or partnership formed under the law of such a country with each of its members a limited or comparable undertaking; then
the partnership must:
- make the latest accounts of the partnership available for inspection by any person, without charge, during business hours at the head office of the partnership, together with a certified translation, if the original is not in English; and each member of the partnership must:
- supply to any person on request a copy of the latest accounts
of the partnership (together with a translation if the original
is not in English). A fee may be charged to cover the administrative
cost of supplying the copy, but no more.
COMPLIANCE
Every partner in a qualifying partnership or every director of a company that is a partner may be prosecuted and fined up to £5,000. Top Of Page
Online Company Formation