LL MG01s- Particulars of a charge created by a Limited Liability Partnership (LLP) registered in Scotland

Limited Liability Partnerships registered in Scotland sometimes create a charge that must be registered. If so, they must deliver details of it, together with any document creating or giving evidence of it, to the Registrar of Companies in Edinburgh.

The LLP number and full name is required first, followed by the date the charge was created and the description. The amount secured, the person(s) entitled to the charge and the short particulars of the charged property are required.

If there is a floating charge, a statement should be given as to any restrictions, if any, on the power to grant further securities and also any provisions regulating the order in which the floating charge should rank with any other floating charge.

Finally, the particulars of any commission, allowance or discount should be entered.

To activate the form

Go to Edit | Mortgages and Charges, click New.

Required fields are:

• Creation date (registered date is completed when Companies House have advised this)

• Instrument type, the description will follow from the selection but can be overwritten

• An amount or description of the charge should also be entered

1. Select the Persons Entitled tab, click New to enter mortgagee or persons entitled.

2. Select the Particulars tab, enter short particulars of all property mortgaged or charged.

3. Enter name of person signing the form from the drop down menu when prompted.

• Click Yes when asked to log the particulars of this event.

To display the form

Go to Reports | Company Forms, highlight form LLMG01s and click Print Form and OK.

To display a form with basic details go to Reports | Forms with Basic Details | Form LLMG01s- Particulars of a charge created by a Limited Liability Partnership (LLP) registered in Scotland. The form opens in Microsoft Word showing the basic details.

To display a blank form go to Reports | Blank Forms | Form LLMG01s- Particulars of a charge created by a Limited Liability Partnership (LLP) registered in Scotland. This opens the completely blank form into Microsoft Word.

LL MG01s - Example Form

Click on any area of the form for additional information: