Management accounts for small business owners
AFE Accountants prepares management accounts for UK small businesses and limited companies. Owners get regular reports on profit, cash and performance, with the team on hand to explain them.
What is included
- Profit and loss reports for each period
- Balance sheet and cash position
- Comparison with budgets and earlier periods
- Key figures that matter to your business [CONFIRM: KPI reporting offered]
- Cash flow forecasts [CONFIRM: forecasting offered]
- A review meeting to talk through the results [CONFIRM: included]
Who this is for
- Growing businesses that want to track performance
- Owners planning to borrow, invest or hire
- Companies reporting to investors or a board
- Businesses with tight cash flow
How it works
Agree what you need
At a free consultation, AFE learns what decisions you face and which figures would help.
Set up the reports
AFE agrees the reporting period and layout, using the books you already keep or AFE’s bookkeeping.
Review regularly
You receive your management accounts each period, with the team ready to explain what has changed.
We reply within [RESPONSE TIME: confirm with Adam].
How fees are agreed
Fees are agreed in advance as [FEES MODEL: confirm with Adam]. See how fees work. The first consultation is free.
Frequently asked questions
What is the difference between management accounts and year-end accounts?
Management accounts are for you, while year-end accounts are for Companies House and HMRC. Year-end accounts follow set formats and look back over the whole year. Management accounts are prepared more often, in a format that suits your business, so you can see how it is doing and act early. AFE can prepare both from the same records.
How often should I get management accounts?
Monthly or quarterly suits most businesses. Monthly reports help businesses with tight cash flow or fast growth spot problems sooner. Quarterly reports suit steadier businesses that want a regular check without extra cost. AFE recommends a frequency based on your business and the decisions you face [CONFIRM: frequencies offered].
Do I need good bookkeeping first?
Yes. Management accounts are only as reliable as the records behind them. If your books are up to date, AFE can work from them directly. If not, the team can bring them up to date first or take on your bookkeeping. Each report is then built on accurate, current figures.
Awaiting review by Adam Feyzi FCCA Updated [REVIEW PENDING: Adam Feyzi to approve this page]
Let’s talk about what’s next.
Tell us about your business and the support you need.
Book a free consultationPrefer to talk? Call 020 3404 0144.