Statement of Account & Solvency — Prepared. Certified. Filed.
Annual Statement of Account & Solvency for LLPs — accounts drawn to the prescribed format, the solvency declaration, designated partner signatures, certification and filing with the Registrar.
Book Free ConsultationEvery LLP has to place its accounts and a declaration of solvency on the public record each year, whether or not it traded. The declaration is made by the designated partners in their own name, which makes it a statement worth getting right rather than a form worth clearing.
At N D Savla & Associates, we prepare the statement from the books, reconcile it to the LLP's own records, obtain the certification the form requires and file it with the Registrar within the annual window.
The filing also carries a per-day additional fee that runs until the form is actually taken on record, and it does not stop at a ceiling. An LLP that leaves the statement pending for a few years can find the accumulated fee larger than any professional cost of filing on time.
Our Form 8 Services
Books Review
Review of the LLP's books to the point where a statement of account can be drawn from them.
Statement Preparation
Preparation of the statement of account in the format the form prescribes.
Solvency Declaration
The declaration on the LLP's ability to meet its liabilities, drafted for the designated partners.
Turnover & Contribution Check
Verification of turnover and contribution to establish which certification route applies.
Audit Coordination
Coordination with the LLP's auditor where the accounts fall within the audit requirement.
Certification
Certification of the form by the professional the rules require for the LLP's category.
Filing & Fee
Submission to the Registrar with the correct fee slab for the LLP's contribution.
Additional Fee Assessment
Computation of accumulated additional fee where earlier years are still outstanding.
Our Form 8 Process
Records Called For
We list the books, bank records and partner details needed to draw the statement.
Accounts Drawn
The statement of account is prepared and reconciled against the LLP's own figures.
Solvency Position Settled
The solvency declaration is framed against the LLP's actual liabilities.
Signature & Certification
Designated partners sign and the form is certified as required.
Filed & Acknowledged
The form is filed and the acknowledgement placed on your compliance file.
Why It Matters
Frequently Asked Questions
Related Services
Statement of Account & Solvency still pending?
Send us the LLP's books and partner details — we'll prepare the statement, quantify any additional fee and file it.
