MANAGEMENT ACCOUNTS
Know Where Your Business Stands, Every Month
The everyday accounting your business has to get right, done accurately, on time, and without the last minute panic.
What we provide
Clear Numbers, When You Actually Need Them
Most owners only see the full picture at year end, nine months after it mattered. By then the decisions are already made. Management accounts change that, giving you a clear, regular read on how the business is really doing while you can still act on it.
Performance & profit: monthly or quarterly accounts showing exactly where you’re making money and where you’re not.
Cash & forecasting: cash flow tracking so you can see what’s coming and never get caught short.
Plan vs reality: your budget against actual performance, so you know if you’re on track and why.
The difference
We Don’t Just Send Numbers, We Explain Them
A report you don’t understand is no use to anyone. The value isn’t the spreadsheet, it’s what it tells you. So we walk you through what the numbers mean, flag the trends worth watching, and help you decide what to do about them. You get clarity you can act on, not a document that sits unread in your inbox.
Why it matters
Why Year End Is Too Late
When you only review your numbers once a year, problems can grow unnoticed. Regular management accounts help you spot issues early, see opportunities and make informed decisions based on what’s happening now.
Who it’s for
Is This Right for You?
This is for you if you’re making decisions without a clear view of the numbers behind them, or if year end is the only time you really know how you did. It matters most for growing businesses.
How it works
1. Free consultation:
We learn your business and what you need to see.
2. We set up your reporting:
The right numbers, monthly or quarterly, on cloud software.
3. We review them with you:
Regular sessions that turn the numbers into decisions.
Get started
Switching to Us Is Simple
A report you don’t understand is no use to anyone. The value isn’t the spreadsheet, it’s what it tells you. So we walk you through what the numbers mean, flag the trends worth watching, and help you decide what to do about them. You get clarity you can act on, not a document that sits unread in your inbox.
Frequently Asked Questions
Common Questions About Management Accounts
Management accounts are regular financial reports, usually monthly or quarterly, that show how your business is performing right now. They typically include a profit and loss summary, your cash flow position, and how you’re tracking against budget. Unlike year end accounts, which look backwards for HMRC and Companies House, management accounts are built for you, to help you run the business.
Year end accounts are a legal requirement, filed once a year for HMRC and Companies House, and they look backwards. Management accounts are optional, produced monthly or quarterly, and they’re forward looking, built to help you make decisions while there’s still time to act. One keeps you compliant, the other helps you run the business.
Most businesses go monthly or quarterly. Monthly suits faster moving businesses, or anyone where cash is tight and a lot changes week to week. Quarterly works well for steadier operations. We’ll recommend the rhythm that gives you enough visibility without paying for more than you need.
No, they’re not a legal requirement, only your year end accounts and tax returns are. But most successful growing businesses use them anyway, because running a company on year old figures is like driving while only looking in the mirror. Lenders and investors often expect to see them too.
Management accounts are the reports, the regular numbers that show how you’re doing. A virtual finance director is a person, senior finance expertise that uses those numbers to shape strategy and big decisions. Many clients start with management accounts for visibility, then add a virtual FD when they want a hands on strategic partner. We’ll help you judge which you need.
It depends on the size of your business and how often you want them, but it’s a fixed monthly or quarterly fee agreed upfront, so there are no surprises. For most owners the cost is small next to the value of catching a problem early or spotting an opportunity in time to act on it.
Typically a profit and loss summary, your cash flow position, and a comparison of actual performance against budget, along with the figures that matter most to your business. Just as important, we include a plain English review of what it all means, so you’re never left staring at numbers you can’t interpret.
Yes. We work with the main cloud accounting systems and can build your reporting on what you already use. If you’re on Xero, or open to moving to it, the reporting is quicker and you get real time visibility between reports too.
Stop Guessing.Start Seeing.
Book a free consultation and we’ll show you the numbers that would give you real control of your business, with no obligation.