The LLP SORP 2018 (Statement of Recommended Practice) applies for all limited liability partnerships (LLPs) that apply FRS 102 The Financial Reporting Standard for periods commencing on or after 1 January 2019, although early adoption is permitted, as long as all of the changes are taken at the same time.

The LLP SORP does not cover FRS 105, Micro-entities Regime (2018). Those LLPs which choose to apply the provisions of FRS 105 are not required to also report under the SORP.