Accounting

Management Accounts · West London

Management accounts in New Bedfont

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

Owner-managed businesses in New Bedfont 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 New Bedfont, 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

What you get in New Bedfont

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

Online only, UK based. There is no office in New Bedfont 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 New Bedfont business prepares this year's, and remembers what was agreed.

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

Local facts

About New Bedfont

New Bedfont is in West London, within Hounslow, in the TW14 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
Bedfont0.1 miS
Feltham North0.9 miE
Hatton, Hounslow0.9 miNE
East Bedfont1 miW
Feltham West1 miS
Feltham, Hounslow1 miSE
Lower Feltham1 miS
Bedfont, West1 miW

Worth knowing

Rules that come up in this work

Confirmation statements and identity verification

The confirmation statement is the annual check that the public register is right: officers, registered office, SIC codes, shareholders and the PSC register. It carries a £50 fee and no financial penalty for lateness, but failure to file leads to compulsory strike-off. The identity verification regime introduced in November 2025 has added a further check to every statement.

CIS deductions

CIS turns construction subcontractors into advance taxpayers: a fifth of every labour payment goes to HMRC before they see it. Registering keeps the rate at 20% rather than 30%; gross payment status, for established businesses with a clean record, removes deductions altogether. The annual return is where the overpayment comes back, and filing it early brings the refund sooner.

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 Self Assessment calendar

The tax year runs from 6 April to 5 April. Anyone new to Self Assessment must register by 5 October after the end of the tax year in which their untaxed income began. The online return and the balancing payment are due by 31 January, with a second payment on account on 31 July where they apply. Paper returns have an earlier deadline of 31 October and are rarely sensible.

Payments on account

Payments on account catch out most people in their second year of self-employment. HMRC assumes next year's tax will match this year's and collects half in January and half in July, in advance, on top of the balancing payment. If profits are dropping you can apply to reduce them, but reducing them too far attracts interest. We calculate the right figure rather than guessing.

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.

Questions

Management Accounts questions from New Bedfont

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 New Bedfont?

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

Is management accounts in New Bedfont really the same price as elsewhere?

Yes. The fee published on this page is what a client in New Bedfont 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 New Bedfont

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