Do I Need An Accountant For My Limited Company?

Do I Need An Accountant For My Limited Company?

Businesses gain lots of benefits when they employ the services of an accountant to take care of their day to day accounting duties. However, as a limited company you will have far more accounting responsibilities than a sole trader. In turn, this means more benefits from the services of an accountant.

Owners of limited companies can become overwhelmed by their accounts very easily. This is even more so the case if the business owner has no accounting or bookkeeping skills. If you are looking to save time and money when it comes to handling the accounting aspects of business, you need an accountant for your limited company.

It’s worth noting that an accountant for a limited company is not a legal requirement. However, it will make life as a business owner easier. It frees up your time to do what you are best at, running a successful business.

What Do Accountants Do For Limited Companies?

The responsibilities of an accountant cover a wide range of different roles. What they do for one business will be different to what they do for another business. This is because what they do will vary dependent on the size of the company and the accounting needs of the business.

An accountant can help you and your business with the preparing and submitting of the annual accounts. They can also complete VAT returns, manage payroll runs and monitor the cash flow of your limited company. The support and services of an accountant can be invaluable to a limited company, in a whole host of ways.

Here at AK Bookkeeping we are more than happy to offer advice on any tax issues. We can also conduct annual reviews of your accounts too. Many clients like us to handle any HMRC correspondence too, which we can do for your limited company too. We will produce your end of year accounts too, so they can be submitted to Companies House annually.

 

While you may not feel you need an accountant for your limited company; it can certainly save you a lot of time and stress. As you can see, it certainly pays to hire a local accountant in Peterborough for your limited company to help support your financial business operations.

If you’d like to know more about what we can do your limited company; give us a call!

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Testimonials for AK book-keeping

Electronics online retailer

Our decision to choose the services AK Book-keeping and Payroll Services has turned out to be a really important enabler to the growth of our business and has delivered us fantastic value for money. Their accuracy and efficiency in compiling our accounts and payroll documents has allowed us to focus on the things which we do well and add real value whilst removing the distraction of unwanted and complex administration work. I would recommend them without hesitation.

Chris

AK Book-keeping
5
2015-10-23T16:25:46+01:00

Chris

Our decision to choose the services AK Book-keeping and Payroll Services has turned out to be a really important enabler to the growth of our business and has delivered us fantastic value for money. Their accuracy and efficiency in compiling our accounts and payroll documents has allowed us to focus on the things which we do well and add real value whilst removing the distraction of unwanted and complex administration work. I would recommend them without hesitation.

Carpet & Lighting retailer

Now that we have AK Book-keeping doing all our tax returns, wages but to name a few, we have more time to focus on the business and a lot more leisure time

Simon & Cathy

AK Book-keeping
2015-10-23T16:26:07+01:00

Simon & Cathy

Now that we have AK Book-keeping doing all our tax returns, wages but to name a few, we have more time to focus on the business and a lot more leisure time

Multiple Franchise Owner

I Periodically review my resources (like any business should) and on each and every occasion I have decided to retain AK Bookkeeping’s services. It’s one of those business I know I can depend on.

Bob

AK Book-keeping
2015-10-23T16:44:40+01:00

Bob

I Periodically review my resources (like any business should) and on each and every occasion I have decided to retain AK Bookkeeping’s services. It’s one of those business I know I can depend on.

John – Building Company owner

We engaged AK Book-keeping some two and a half years ago, from the outset their communication has been excellent. We were provided with a schedule of monthly costs and a clear indication of what was included. To date we have had no reason to consider changing from AK Book-keeping as their service has been reliable, efficient and cost effective.

AK Book-keeping introduced us to Xero accounting system from the outset and for a reasonable monthly fee we benefit from all the Xero facilities available and have access to view our account, use data and monitor our performance and it is all relatively simple. We would recommend AK Book-keeping and the Xero system.

John

AK Book-keeping
2016-02-05T16:33:23+00:00

John

We engaged AK Book-keeping some two and a half years ago, from the outset their communication has been excellent. We were provided with a schedule of monthly costs and a clear indication of what was included. To date we have had no reason to consider changing from AK Book-keeping as their service has been reliable, efficient and cost effective. AK Book-keeping introduced us to Xero accounting system from the outset and for a reasonable monthly fee we benefit from all the Xero facilities available and have access to view our account, use data and monitor our performance and it is all relatively simple. We would recommend AK Book-keeping and the Xero system.

Online Retailer

Les has worked with us for 12 years now and supported our Bookkeeping and Payroll needs. Always helpful, cheerful and gets the job done efficiently. When required has helped us with other business related issues outside of Bookkeeping.

Online retailer

AK Book-keeping
5
2018-07-02T22:05:34+01:00

Online retailer

Les has worked with us for 12 years now and supported our Bookkeeping and Payroll needs. Always helpful, cheerful and gets the job done efficiently. When required has helped us with other business related issues outside of Bookkeeping.

Peterborough online retailer

Les has worked with us for 12 years now and supported our bookkeeping and payroll needs. Always helpful and cheerful and gets the job done efficiently. When required has helped us with other business related issues outside of bookkeeping.
AK Book-keeping
5
2018-09-19T18:24:06+01:00
Les has worked with us for 12 years now and supported our bookkeeping and payroll needs. Always helpful and cheerful and gets the job done efficiently. When required has helped us with other business related issues outside of bookkeeping.
5
3
AK Book-keeping