Profit and margins
We track your margins through the year, compare them with earlier periods, and build the report from reconciled books. You can see where revenue is growing and where margin is being squeezed.
Management accounts
Management accounts for company directors.
Where your fee includes management accounts, you get a clear report showing where profit, cashflow and tax stand, so decisions are based on the current position rather than last year's accounts.
What is in the report.
Annual accounts explain last year. They're useful, but only after the fact. As CIMA Chartered Management Accountants, we prepare management reports that show profit, cash, tax and dividend headroom before year-end.
A management accounts report
Accurate bookkeeping, a profit and loss report, a balance sheet, tax estimates and notes on what changed since the last report. Our guide to what management accounts are explains the format in more detail.
A note from your accountant
What changed since the last report, what your tax bill is looking like, and anything coming up that you should know about.
Tax tracked through the year
Corporation Tax, dividend headroom and director loan balances are checked against the latest figures. Our guide to what to include in management accounts covers the usual sections.
As an Authorised Corporate Service Provider (ACSP), statutory compliance runs alongside the rest of your financial reporting under the same fee.
What we include.
Balance sheet check
We check liabilities, retained earnings and working capital. That means dividend decisions are based on the latest balance sheet, not last year's statutory accounts.
A plain-English note
A short explanation of the results, anything that needs attention, and what to think about next, written by a qualified accountant who knows your business.
Corporation Tax forecast
Each report includes an updated Corporation Tax estimate based on this year's profit. You know what needs setting aside before the final quarter arrives.
Dividend check
We check whether dividends are supported by distributable reserves. Each withdrawal is reviewed against the balance sheet before it is made.
Cashflow check
We compare your cash position with expected receipts and payments. If a tight month is coming, you see it early enough to plan around supplier terms, drawings or short-term funding.
When a regular report helps
A regular management report is most useful when the business has enough moving parts that the bank balance stops telling the full story. It usually helps when:
- Turnover approaches or exceeds £500,000
- The company employs staff
- Dividend payments are regular
- Margins fluctuate during the year
- Cashflow feels inconsistent despite strong revenue
- Corporation tax liabilities are uncertain
Who we support
Growing businesses
Growing team, climbing turnover. You need a clear picture so cashflow and hiring costs don't get away from you as the business changes shape. With margin and headcount tracked through the year, growth decisions get made on actual numbers, not on a hunch about what the bank balance is doing.
Contractors and consultants
High-day-rate work, working through your own limited company. You want a sensible salary-and-dividend mix and dividends declared against figures that will hold up. The report tracks distributable reserves and your tax-year position, so each withdrawal is on numbers you can defend if HMRC ever asks.
Established agencies
A mature business with several revenue streams, and the awkward question of which clients are profitable after overheads. Client-level margins show what to keep, what to push, and how much to leave in the company versus take out as the director.
Locations
Sheffield and Mansfield
Chartered Management Accountants for UK limited companies in South Yorkshire, the East Midlands and across the UK, with the work run through secure cloud records and scheduled calls.
Common questions
What are management accounts?
What is the benefit of management accounts?
When does a regular management report help?
What is S660A protection?
How do you calculate dividend capacity?
Frequently asked questions
What are management accounts?
Management accounts are regular reports for directors. They show profit, overheads, working capital, tax estimates and dividend headroom. Unlike annual accounts, which are mainly for filing, management accounts help you run the business during the year.
What is the benefit of management accounts?
They show where the business stands before the year has finished. By checking reserves and estimated tax at agreed intervals, directors can plan dividends, hiring and spending against figures that are up to date.
When does a regular management report help?
A regular management report usually helps when the bank balance stops telling the full story. That is often when the business has staff, dividends, changing margins or tax bills that need checking before the year closes.
What is S660A protection?
S660A (Settlements Legislation) targets income shifting between spouses. We structure your shareholdings and dividend waivers to ensure they are commercially justified and compliant with current case law. For a full breakdown of compliant extraction methods, see our salary vs dividends guide.
How do you calculate dividend capacity?
We check the balance sheet to confirm there are enough distributable reserves before any dividend is declared. That reduces the risk of an unlawful dividend and keeps the paperwork clear if HMRC asks questions.
See what your management report would cover.
Speak directly with a Chartered Management Accountant and see which figures would matter for your business.
Book an initial consultation