Accounting

Management Accounts · South East London

Management accounts in Eden Park

Owners in Eden Park who are making decisions about hiring, pricing, borrowing or expansion need numbers that are current and comparable. Our management accounts service gives businesses across South East London exactly that, online, with a short written commentary that says what moved and what to watch, and a review call in the top package to talk it through.

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 Eden Park

Owner-managed businesses in Eden Park 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 Eden Park, step by step

  1. 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.

  2. 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.

  3. 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.

  4. 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

The IGI way of working, in Eden Park

One fixed fee for management accounts in Eden Park, agreed in writing before any work starts and never changed part-way through the job, however long it takes us.

Nothing for Eden Park is left to the last week. Each deadline relevant to management accounts is tracked from the day you join, with the next four shown on every page we send you.

No appointments, no travel across South East London, no parking. Everything for management accounts in Eden Park happens online, with a real person on the other end during UK working hours.

You get one contact for management accounts, not a queue. Eden Park clients message the same person throughout and get an answer in working hours, usually within a few hours.

The output for Eden Park clients is never just a form. It is the form, a one-page summary of what it says, and a note of the decisions it points to for management accounts.

Approval before filing is a rule, not a courtesy. For management accounts in Eden Park, every submission to HMRC or Companies House follows your written go-ahead.

Local facts

About Eden Park

Eden Park is in South East London, within Bromley, in the BR3 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.

Nearby places we also serve for management accounts
PlaceDistanceDirection
Kelsey and Eden Park0.3 miNW
Upper Elmers End0.3 miS
Park Langley0.6 miE
Monks Orchard0.8 miSW
Elmers End0.9 miNW
West Wickham1 miSE
Beckenham1 miN
Spring Park1 miS

Worth knowing

Rules that come up in this work

Salary versus dividends

The salary-and-dividend split is the central planning decision for an owner-managed company. Salary costs employer National Insurance above £5,000 but is deductible; dividends are not deductible but attract lower personal rates and no National Insurance. The optimum changes each April with the thresholds and depends on the director's other income, so it should be set deliberately every year.

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.

The VAT registration threshold

The £90,000 VAT threshold is measured over any twelve consecutive months, which is why a strong quarter can tip a business over unexpectedly. Registration must follow within thirty days of the end of the month the threshold was crossed. Below the threshold, voluntary registration is worth considering when customers are VAT-registered businesses and costs carry VAT.

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.

Late filing penalties

Lateness is expensive in a way that compounds. For individuals, £100 immediately, then daily penalties, then percentage-based ones at six and twelve months, with interest running on unpaid tax throughout. For companies, Companies House penalties scale with delay and double on repeat, and HMRC adds its own for a late CT600. Filing on time is the cheapest tax planning there is.

Making Tax Digital for Income Tax

The biggest change to Self Assessment in a generation is Making Tax Digital for Income Tax, now live for higher-earning sole traders and landlords and arriving for the rest in stages. Quarterly updates are due by 7 August, 7 November, 7 February and 7 May, built from digital records. The practical consequence is that spreadsheet-and-shoebox bookkeeping is ending for anyone above the threshold.

The Self Assessment calendar

Four dates govern Self Assessment: 5 October to register, 31 October for paper returns, 31 January to file online and pay, and 31 July for the second payment on account. Missing the January date triggers an automatic £100 penalty before any tax is even considered, so we treat it as the fixed point around which the rest of the year is planned.

Questions

Management Accounts questions from Eden Park

Can you provide management accounts for a group or multiple branches?

Yes. Branch or entity-level packs with a consolidated view are quoted as a fixed fee based on the number of units. Many franchisees and multi-site businesses use us for exactly this, with each site's performance visible alongside the total.

How does quarterly differ from monthly?

Same content, less often. Quarterly at £99 a quarter suits stable businesses that want a regular check rather than close monitoring. Monthly suits businesses that are growing, borrowing, employing or facing margin pressure, where a quarter is too long to wait to see a problem.

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.

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 you have an office in Eden Park?

No. IGI Accounting is an online-only firm. We serve Eden Park and every other UK postcode remotely, with records sent by WhatsApp or email and everything filed electronically. The absence of local premises is why the fee for management accounts is the same in Eden Park as anywhere else in the country, and why there is nothing to visit and nothing to print.

Is management accounts in Eden Park really the same price as elsewhere?

Yes. The fee published on this page is what a client in Eden Park pays and what a client in any other part of England pays. It is confirmed in writing before work starts and the invoice matches the quote. Where a higher package applies because your situation is more complex, we say so at the quote stage, never afterwards.

Let us take the deadlines off your plate in Eden Park

Tell us what you need. You get one fixed fee in writing, and nothing is filed until you approve it.

WhatsApp for a fixed quote