Management Accounts · South London
Management accounts in Coulsdon
Management accounts for businesses in Coulsdon: a quarterly pack with profit and loss, balance sheet and commentary for £99 a quarter, a monthly pack for £99 a month, monthly with a KPI dashboard for £149, and monthly with a review call for £199. Fixed and published, the same in Coulsdon as in every part of England.
from £99/mo · fixed, per month
Next deadlines
- VAT return and payment for the quarter that ended last month
- PAYE and National Insurance for last month paid to HMRC (electronic)
- VAT return and payment for the quarter that ended last month
- PAYE and National Insurance for last month paid to HMRC (electronic)
Who this is for
Management Accounts for Coulsdon
Owner-managed businesses in Coulsdon with turnover from around £250,000 upwards that are making decisions during the year: companies with staff, stock or borrowing, businesses preparing to raise finance or sell, franchisees reporting to a franchisor, companies with external shareholders or a board, and any owner who has decided that once a year is not often enough to know how the business is doing.
What is included
Everything inside the fixed fee
- Profit and loss for the period and year to date, against budget or prior year where available
- Balance sheet with debtors, creditors, cash, stock and loan positions explained
- Written commentary on the movements that matter and what is driving them
- KPI dashboard with the measures agreed for your business, in the £149 package
- A review call each period to go through the pack and the decisions it points to, in the £199 package
- Accruals, prepayments and depreciation posted so the figures are accurate rather than cash-based
How it works
Management Accounts from Coulsdon, step by step
Tell us your situation
A short message or call about what you do and what needs filing. We ask the questions that determine the right package and nothing more.
Fixed fee in writing
You receive one price for the work, confirmed by email before anything starts. It does not change if the job takes longer than we expected.
Send records, review the draft
Records come by WhatsApp or email. We prepare the draft, explain the figures in plain English and answer your questions.
We file, you get the receipts
Once you approve and the fee is settled, we submit electronically and forward the HMRC or Companies House acknowledgement the same day.
Why IGI
What you get in Coulsdon
The price for management accounts is published on this page and is what a client in Coulsdon pays. We confirm it in writing first, and the invoice matches the quote.
Deadline-first: the dates that matter for management accounts are shown at the top of this page, diarised for every Coulsdon client and chased before they arrive.
No appointments, no travel across South London, no parking. Everything for management accounts in Coulsdon happens online, with a real person on the other end during UK working hours.
You get one contact for management accounts, not a queue. Coulsdon clients message the same person throughout and get an answer in working hours, usually within a few hours.
Plain English, with the numbers. Every draft for Coulsdon comes with a short explanation of what the figures mean and what, if anything, you should do about them.
You stay in control of management accounts: drafts go to Coulsdon clients first, with the figures explained, and nothing leaves us until you say so.
Local facts
About Coulsdon
Coulsdon is in South London, within Croydon, in the CR5 postcode district, England. Income tax in England follows the UK rates: 20% basic to £50,270, 40% higher to £125,140 and 45% additional, with the personal allowance of £12,570 tapered away above £100,000. National Insurance, VAT and Corporation Tax are UK-wide, and Stamp Duty Land Tax applies to property purchases.
| Place | Distance | Direction |
|---|---|---|
| Coulsdon West | 0.2 mi | NW |
| Woodmansterne | 0.6 mi | W |
| Chipstead, Reigate and Banstead | 1 mi | W |
| Old Coulsdon | 1 mi | SE |
| Coulsdon East | 1 mi | SE |
| Little Woodcote | 1 mi | NW |
| Kenley | 2 mi | E |
| Purley | 2 mi | NE |
Worth knowing
Rules that come up in this work
Payments on account
If your Self Assessment bill exceeds £1,000 and less than 80% of your tax was collected at source, HMRC asks for two advance payments towards the following year, each half of the current bill, due 31 January and 31 July. The first year this happens the January payment is effectively one and a half times the bill. We model it in advance and show you how to reduce the payments if income is falling.
Late filing penalties
HMRC's penalties for a late Self Assessment return are automatic: £100 the day after 31 January, £10 a day from three months late up to £900, then the greater of £300 or 5% of the tax at six and twelve months. Interest and separate late-payment penalties apply to the tax itself. Companies House charges £150 to £1,500 for late accounts, doubling for a second consecutive year.
Making Tax Digital for Income Tax
MTD for Income Tax replaces one annual return with quarterly digital updates and a year-end declaration, submitted from software. The threshold is gross trading and property income, measured two years earlier, and started at £50,000 in April 2026 before falling to £30,000 in April 2027. Anyone affected needs digital record keeping in place before their start date, not after.
The VAT registration threshold
Watching the rolling twelve-month turnover figure is one of the quiet jobs of monthly bookkeeping, because the £90,000 VAT threshold arrives silently. Crossing it brings quarterly returns, Making Tax Digital software and a decision about schemes. Crossing it late brings a bill for VAT you could not recover from customers and a penalty for failing to notify.
Corporation Tax rates and marginal relief
Since April 2023 there have been two Corporation Tax rates, 19% small profits and 25% main, with marginal relief smoothing the transition between £50,000 and £250,000 of profit. The band is where planning matters: each pound of profit in it is taxed at an effective 26.5%, so pension contributions and capital expenditure timed to keep profit below £50,000 are worth more than they look.
Salary versus dividends
Paying yourself from a company involves two routes with different tax treatment. Salary through payroll is a company expense and builds a National Insurance record; dividends come from post-tax profit at lower personal rates. Undocumented drawings that are neither become director's loans, with a 35.75% section 455 charge if not repaid within nine months of the year end.
Director's loan accounts
Money taken from a company has to be something: salary, dividend, expense reimbursement or loan. If it is a loan and remains outstanding nine months after the year end, the company pays tax at the dividend higher rate on it until it is repaid. Clearing the balance with a properly declared dividend before the deadline, where reserves allow, is routine year-end work.
Questions
Management Accounts questions from Coulsdon
Will lenders and investors accept your management accounts?
Yes. Banks, invoice financiers and investors routinely ask for monthly management accounts as a condition of facilities or as part of due diligence, and our packs are in the format they expect. We can also produce the specific covenant calculations a facility requires.
Can management accounts help with Corporation Tax planning?
Yes. Because the pack shows profit accruing through the year, decisions about capital expenditure, pension contributions and dividend timing can be made before the year end rather than discovered after it. We flag these opportunities in the commentary as they arise.
What is the difference between management accounts and statutory accounts?
Statutory accounts are the annual filing to Companies House, prepared to a legal format and backward-looking. Management accounts are internal, produced monthly or quarterly, in whatever format helps you run the business, with commentary and comparisons. They are not filed anywhere and exist to inform decisions.
What is in the pack?
Profit and loss for the period and year to date against budget or prior year, balance sheet with the main positions explained, cash movement, aged debtors and creditors, and a written commentary of a page or so on what changed and why. The £149 package adds a KPI dashboard; the £199 package adds a review call each period.
Do I need bookkeeping with you to have management accounts?
It is simplest if we do the bookkeeping because the figures are current and we know the file, but we can produce management accounts from a well-kept file maintained by you or another bookkeeper. The pack is only as good as the bookkeeping, so if the records are behind we say so first.
What adjustments do you make to the bookkeeping figures?
Accruals for costs incurred but not yet invoiced, prepayments for costs paid in advance, depreciation on fixed assets, stock movements where you hold inventory, and the Corporation Tax charge accruing. Without these the profit figure swings with payment timing and says little about performance.
Which deadlines matter most for management accounts?
The next four dates that apply to management accounts are shown at the top of this page, calculated from today. For Coulsdon clients we diarise every one of them from the day you join and send reminders before each, so the work is done in good time rather than in the last week before a penalty.
How do I get started from Coulsdon?
Message us on WhatsApp or email with a sentence about your business and what you need. We reply in working hours with any questions and a fixed fee for management accounts. Once you confirm, we tell you exactly which records to send and the work begins. Most Coulsdon clients are set up within a day.
Let us take the deadlines off your plate in Coulsdon
Tell us what you need. You get one fixed fee in writing, and nothing is filed until you approve it.