{
  "url": "https://openlegislation.uk/companies-accounts-and-reports-amendment-and-transitional-provision-regulations-2024/regulation-11",
  "json_url": "https://openlegislation.uk/companies-accounts-and-reports-amendment-and-transitional-provision-regulations-2024/regulation-11.json",
  "legislation": "uksi/2024/1303",
  "legislation_title": "The Companies (Accounts and Reports) (Amendment and Transitional Provision) Regulations 2024",
  "legislation_url": "https://openlegislation.uk/companies-accounts-and-reports-amendment-and-transitional-provision-regulations-2024",
  "path": "regulation/11",
  "kind": "regulation",
  "number": "11",
  "heading": "Amendments to the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008",
  "text": "(1) The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 are amended as follows.\n(2) In regulation 5 (LLPs subject to the small LLPs regime), in section 382(3) (companies qualifying as small: general) as applied to LLPs by that regulation, in the second column of the table—\n(a) for “Not more than £10.2 million” substitute “Not more than £15 million”;\n(b) for “Not more than £5.1 million” substitute “Not more than £7.5 million”.\n(3) In regulation 5 (LLPs subject to the small LLPs regime), in section 383(4) (companies qualifying as small: parent companies) as applied to LLPs by that regulation, in the second column of the table—\n(a) for “Not more than £10.2 million net (or £12.2 million gross)” substitute “Not more than £15 million net (or £18 million gross)”;\n(b) for “Not more than £5.1 million net (or £6.1 million gross)” substitute “Not more than £7.5 million net (or £9 million gross)”.\n(4) In regulation 5A (LLPs qualifying as micro-entities), in section 384A(4) (companies qualifying as micro-entities) as applied to LLPs by that regulation, in the second column of the table—\n(a) for “Not more than £632,000” substitute “Not more than £1 million”;\n(b) for “Not more than £316,000” substitute “Not more than £500,000”.\n(5) In regulation 26 (medium-sized LLPs), in section 465(3) (companies qualifying as medium-sized: general) as applied to LLPs by that regulation, in the second column of the table—\n(a) for “Not more than £36 million” substitute “Not more than £54 million”;\n(b) for “Not more than £18 million” substitute “Not more than £27 million”.\n(6) In regulation 26 (medium-sized LLPs), in section 466(4) (companies qualifying as medium-sized: parent companies) as applied to LLPs by that regulation, in the second column of the table—\n(a) for “Not more than £36 million net (or £43.2 million gross)” substitute “Not more than £54 million net (or £64 million gross)”;\n(b) for “Not more than £18 million net (or £21.6 million gross)” substitute “Not more than £27 million net (or £32 million gross)”.\n(7) In this regulation “LLP” means a limited liability partnership registered under the Limited Liability Partnerships Act 2000.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "Subsection (3) was amended by S.I. 2016/575."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "Subsection (4) was amended by S.I. 2016/575."
    },
    {
      "type": "footnote",
      "label": "f3",
      "text": "Regulation 5A was inserted by S.I. 2016/575."
    },
    {
      "type": "footnote",
      "label": "f4",
      "text": "Subsection (3) was amended by S.I. 2016/575."
    },
    {
      "type": "footnote",
      "label": "f5",
      "text": "Subsection (4) was amended by S.I. 2016/575."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2024/1303/regulation/11",
    "retrieved_at": "2026-10-28T21:22:56.814344+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}