Areas of Practice
Bookkeeping
Quite simply, we deal with everything to do with processing the company financial transaction into your bookkeeping system. Because the service is provided by LK Accounting, the bookkeeping process merges seamlessly with our other services such as Management Accounts, Budgets and forecasting, monthly and quarterly reporting and VAT Returns. Trust LK Accounting to handle everything.
Management Accounts
Putting together important information such as profit and loss reports and cash flow statements enables you to make wiser and more informed decisions about the future of your business. Making it easier to analyse trends, helping you forecast the future and solving any problems you identify.
CIS
Specialist experience within the building and construction industry, LK Accounting can assist in the specialist tax rules applied to firms operating within the construction industry. Deduction statements for subcontractors, monthly HMRC returns, CIS verifications.
Payroll
A comprehensive service designed to help businesses by delivering employee payslips, preparing Real Time Information returns and Employer Payment Summary. We handle PAYE and National Insurance, expense processing and the administration involved with people joining or leaving your company. Maternity, paternity, sickness payments and student loan repayments are also calculated on your behalf.
Business Forecasting
Financial forecasts are a crucial part of any business plan and we will help to ensure accuracy to enable astute business decisions. We offer a competitive advantage that can help you save money and make more of it in the long run. Providing constructive advice on improving existing forecasts.
Multi-currency
Foreign currency reconciliations can sometimes seem daunting. Allow LK Accounting to simplify the process for you, helping you record transactions efficiently and accurately. You will instantly know exactly how foreign currency gains and losses are affecting your cash flow.
VAT
We offer a cost-effective, comprehensive service designed to help businesses through the potential problems of VAT legislation and liability. Let us elevate the stresses and strains of the preparation and submission of returns.
So you can worry less about liabilities and concentrate on finding the ways of growing your business to its full potential.
Cloud Accounting
Allowing you to keep track of your finances with a system that’s accessed through the internet and stored on a secure server. This means you can access your business data in real-time wherever you are, on a mobile device or desktop computer, and your data is secure.
Virtual assistant
We provide support for a wide range of tasks such as email management, document production, and call handling. We work on an outsourced basis, allowing you to receive flexible virtual assistant services, as and when you need it. leave you free to focus on what's important. Your business.