Accounting

Management Accounts · North London

Management accounts in Enfield Wash

Owners in Enfield Wash who are making decisions about hiring, pricing, borrowing or expansion need numbers that are current and comparable. Our management accounts service gives businesses across North 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 Enfield Wash

Owner-managed businesses in Enfield Wash 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 Enfield Wash, 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

Why Enfield Wash businesses file with IGI

The price for management accounts is published on this page and is what a client in Enfield Wash 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 Enfield Wash client and chased before they arrive.

Online only, UK based. There is no office in Enfield Wash to pay for, which is why the fee is the same here as anywhere in England; the work is done by people in the UK who answer the same day.

Continuity matters in management accounts: the person who prepared last year's work for your Enfield Wash business prepares this year's, and remembers what was agreed.

The output for Enfield Wash 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 Enfield Wash, every submission to HMRC or Companies House follows your written go-ahead.

Local facts

About Enfield Wash

Enfield Wash is in North London, within Enfield, in the EN3 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
Turkey Street0.5 miNW
Enfield Lock0.6 miE
Freezywater0.7 miNE
Bulls Cross0.8 miNW
Enfield Highway0.8 miS
Brimsdown0.9 miSE
Bullsmoor, Enfield1.0 miNW
Enfield Island Village1 miE

Worth knowing

Rules that come up in this work

Crypto records and reporting

Crypto tax splits into capital gains on disposals and income on rewards, with different rates and different reporting. The £3,000 annual exempt amount and the 18% and 24% rates apply to gains; staking, mining and airdrop income is taxed at marginal income tax rates. HMRC's nudge letters to holders have increased sharply, and a voluntary disclosure before one arrives is treated far more leniently.

The 60-day property CGT return

Since April 2020 a gain on UK residential property must be reported and the tax paid within 60 days of completion through HMRC's dedicated service, separately from the annual return. Non-residents must report all UK land disposals in the same window whether or not tax is due. Getting the computation right first time matters because the figure is then carried into the Self Assessment.

Record keeping

HMRC requires records of all income and expenses, bank statements, invoices and receipts to be kept for at least five years after the 31 January filing deadline of the tax year they relate to, and companies must keep records for six years from the end of the accounting period. Digital copies are acceptable. Under Making Tax Digital the records must be kept in compatible software.

Allowable expenses

An expense is allowable against trading profit if it is incurred wholly and exclusively for the business. Materials, business travel other than ordinary commuting, a proportion of home running costs, software, insurance, professional fees, bank charges and protective clothing qualify. Client entertainment, ordinary clothing, fines and the private share of mixed-use costs do not.

Employer National Insurance

Since April 2025 employer National Insurance has been 15% on earnings above a £5,000 secondary threshold, a substantial increase for small employers. The Employment Allowance rose to £10,500 at the same time to soften it for the smallest businesses. Directors deciding their own salary weigh this cost against the Corporation Tax deduction a salary provides.

Workplace pensions and auto-enrolment

Workplace pension compliance is part of payroll, not separate from it. Each pay period the payroll assesses who is eligible, calculates employer and employee contributions on qualifying earnings between the lower and upper thresholds, and sends the contribution file to the scheme. The minimum total is 8%, and many employers choose to contribute more as a recruitment advantage.

Dormant companies

A dormant company is one with no significant accounting transactions in the year, where the only permitted entries are the payment for shares on incorporation, Companies House fees and penalties. It still files a confirmation statement and simplified dormant accounts every year. A bank charge or an accountant's fee paid from the company ends dormancy and requires full accounts.

Questions

Management Accounts questions from Enfield Wash

Can you compare against a budget?

Yes, if you have one. If you do not, we compare against the same period last year and, if you want one, help you build a simple budget as part of the first quarter. Variance against budget is the most useful single comparison in the pack once a budget exists.

What is the review call?

A 30 to 45 minute video call each period in the £199 package to go through the pack, discuss what it shows and what decisions it points to. It is the part clients value most, because numbers on a page do not ask questions and we do.

When does the pack arrive?

On a fixed working day agreed with you, typically the 10th to 15th of the following month for monthly packs, provided the bookkeeping is complete by the 5th. Quarterly packs follow the quarter end on the same basis. If your records arrive late the date moves and we tell you.

Which KPIs do you report?

Those that drive your business, agreed at the start: gross margin by product or service line, revenue per employee, debtor days, stock turn, cash runway, utilisation for a service firm, average order value for a retailer. We recommend a short list and refine it over the first quarter. A dashboard with twenty numbers is one nobody reads.

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.

Do you have an office in Enfield Wash?

No. IGI Accounting is an online-only firm. We serve Enfield Wash 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 Enfield Wash as anywhere else in the country, and why there is nothing to visit and nothing to print.

Is management accounts in Enfield Wash really the same price as elsewhere?

Yes. The fee published on this page is what a client in Enfield Wash 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.

One message from Enfield Wash, one fixed price

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