Accounting

LP Accounts

There’s no requirement for a Limited Partnership (LP) to send accounts to Companies House unless The Partnerships (Accounts) Regulations 2008 (SI 569/2008) as amended by the Companies and Partnerships (Accounts and Audit) Regulations 2013 apply.

What does the LP Accounts Include?

Our Services in LP Accounts

Although there are no legal requirements for most of the Limited Partnerships (LP) to prepare and file accounts, most of the Limited Partnership (LP) choose to do so as the accounts needs to be prepared for limited partners and general partners.

We will assist you in preparing the following statements:

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Statement of financial position (or Balance Sheet) which shows the value of assets, liabilities, and equity of the company.

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Statement of comprehensive income (or Profit and Loss Account) which shows the income and expenses for the financial period.

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Notes to the accounts which provides further details on the accounts.

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Member's report

How will We Help You in Your LP Accounts?

How We Can Help?

Unlike ordinary accountants, we understand the specific accounting issues faced by by any business sectors in general, and whole process would be hassle-free. 

Our firm deals with all sizes of LPs ranging from the ones reporting under FRS 102 to those reporting under the IFRS and the US GAAP.

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As a firm of chartered certified accountants, we provide expert service of preparing and filing statutory accounts for your limited partnership (LP).

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We ensure that your accounts reflect true & fair view while selection of appropriate options available under accounting standard.

What We Offer

We provide personalized accounting and tax advising services, in contrast to many other accounting firms. We distinguish ourselves from the competition by our expert service and outstanding offerings.

Quality Sevice

Our success depends on you. We always work to you the best service possible that is specially designed for you.

Dedicated Support

At Sterling Wells, we always give our clients with the full and focused support they need in order to achieve the best possible results.

Personalised Service

Customer satisfaction is our guiding concept. By putting an emphasis on consistency and communication, we aim to complete the task.

Client Satisfaction

Customer satisfaction is our guiding concept. By putting an emphasis on consistency and communication, we aim to complete the task.

Quick Response Time

You can expect the assistance of our knowledgeable professionals to start right away.

Free Consultation

Take advantage of our free initial tax consultation, which will last for 15 minutes.

Book A Free 15-minutes Consultation

Consent

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