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• # 75197
• Thu 13 Oct 2011 07:09 AM

I am currently awaiting my L2 Computerised result and  if I pass (fingers crossed) I aim to get my practice licence. 

I just want to get clarification on whether I would be able to do bookkeeping for limited companies.  I appreciate that I wouldn't be able to draft final accounts/fixed asset register, but would I be able to do the trial balance/VAT returns etc as I would for a sole trader?  

If I would be able to work for limited co's how likely/common is it for a limited co to use a bookkeeper for the day to day stuff and an accountant for final accounts etc. 

Level 3 is on the cards but don't want to turn away business if I can get it...

Thanks for advice/guidance in advance. 

Lou
 

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• # 75210
• Thu 13 Oct 2011 10:20 AM

HI

I am in the same boat although I have my practice license.

I'm glad you asked this question!!

I will watch to see what the replies say

Thanks

• Angela Smith
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• # 75212
• Thu 13 Oct 2011 10:41 AM

Here's a list of what you can do at the various levels so basically you are correct.
http://www.bookkeepers.org.uk/Exemptions

I can't answer the other question - but I would assume it is quite likely/common. 

Nothing to do with this thread - but I'm glad they've done away with that annoying thing when you try and paste something ( a link etc) into a post that you had to paste it into a box first and then into the post.

• . http://www.smbps.co.uk/
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• # 75215
• Thu 13 Oct 2011 11:21 AM

Hi Lou

My one and only client so far is a limited company, and I do all the day-to-day stuff, which I then hand over to the accountants for the end of year. I know a number of companies that work like that - I work mainly for the construction industry, but I imagine it's quite common elsewhere.

Kate

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• # 75218
• Thu 13 Oct 2011 11:47 AM

HI LouP

I have my Level 3 manual and am awaiting my Level 3 Computerised, I work partime for a Limited company
as a bookkeeper, and do up the final accounts but these are submitted to Accountants who prepare the
formal final accounts and submit them to HRMC. I also have a practice licence and have a few limited company
books that I also take up to final accounts, but then again they are passed on to Accountants to prepare the
year end accounts and do all the filing.

Hope this helps.

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• # 75221
• Thu 13 Oct 2011 01:17 PM

Thanks all for your guidance.  Will include limited companies in my search for clients then (subject to exam result - waited 3 weeks already so should be soon).

Lou 

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