{
  "url": "https://openlegislation.uk/small-limited-liability-partnerships-accounts-regulations-2008/schedule-4/paragraph-1",
  "json_url": "https://openlegislation.uk/small-limited-liability-partnerships-accounts-regulations-2008/schedule-4/paragraph-1.json",
  "legislation": "uksi/2008/1912",
  "legislation_title": "The Small Limited Liability Partnerships (Accounts) Regulations 2008",
  "legislation_url": "https://openlegislation.uk/small-limited-liability-partnerships-accounts-regulations-2008",
  "path": "schedule/4/paragraph/1",
  "kind": "paragraph",
  "number": "1",
  "heading": "General rules",
  "text": "(1) Subject to the following provisions of this Schedule, group accounts must comply so far as practicable with the provisions of Schedule 1 to these Regulations (non-IAS individual accounts) as if the undertakings included in the consolidation (“the group”) were a single LLP.\n(1A) Paragraph 1A of Schedule 1 to these Regulations does not apply to group accounts.\n(2) For item A.III in each balance sheet format set out in Section B of Part 1 of that Schedule substitute—\n“\nA.\nIII.\nInvestments\n1.\nShares in group undertakings\n2.\nInterests in associated undertakings\n3.\nOther participating interests\n4.\nLoans to group undertakings and undertakings in which a participating interest is held\n5.\nOther investments other than loans\n6.\nOthers\n”.\n(3) In the profit and loss account formats in Section B of Part 1 of that Schedule replace the items headed “Income from participating interests”, that is—\n(a) in Format 1, item 8, and\n(b) in Format 2, item 10,\nby two items: “Income from interests in associated undertakings” and “Income from other participating interests”.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in Sch. 4 para. 1(1) substituted (with effect in accordance with reg. 2(2)-(5) of the amending S.I.) by The Limited Liability Partnerships, Partnerships and Groups (Accounts and Audit) Regulations 2016 (S.I. 2016/575), regs. 2(1), 43(a)(i)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Sch. 4 para. 1(1A) inserted (with effect in accordance with reg. 2(2)-(5) of the amending S.I.) by The Limited Liability Partnerships, Partnerships and Groups (Accounts and Audit) Regulations 2016 (S.I. 2016/575), regs. 2(1), 43(a)(ii)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Words in Sch. 4 para. 1(2) inserted (with effect in accordance with reg. 2(2)-(5) of the amending S.I.) by The Limited Liability Partnerships, Partnerships and Groups (Accounts and Audit) Regulations 2016 (S.I. 2016/575), regs. 2(1), 43(a)(iii)"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "Words in Sch. 4 para. 1(3) inserted (with effect in accordance with reg. 2(2)-(5) of the amending S.I.) by The Limited Liability Partnerships, Partnerships and Groups (Accounts and Audit) Regulations 2016 (S.I. 2016/575), regs. 2(1), 43(a)(iv)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2008/1912/schedule/4/paragraph/1",
    "retrieved_at": "2026-10-29T03:27:09.955652+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."
}