Newcastle upon Tyne · North East
Management Accounts in Newcastle upon Tyne
If you only see your numbers once a year you are driving with the lights off. We build monthly or quarterly management accounts for growing Newcastle upon Tyne businesses, compare them with budget, and talk you through the trends before they become problems.
What’s included
- Monthly or quarterly profit and loss, balance sheet and cash position
- Budget-versus-actual comparison with variance notes
- Sector KPIs such as gross margin, debtor days and utilisation
- Departmental or project reporting where you need it
- A short written commentary and a review call
- Lender- and investor-ready packs when you need finance
Pricing: Monthly or quarterly packs quoted on business size. See all plans or read the full Management Accounts service page.
Management Accounts for Newcastle upon Tyne: the basics
Statutory accounts look backwards; management accounts help you steer. For Newcastle upon Tyne businesses that want to know their position every month, we produce a profit and loss, balance sheet, cash summary and the handful of KPIs that matter in your sector, with a short commentary on what changed.
Businesses in England follow UK-wide rules for Income Tax, National Insurance, VAT and Corporation Tax, with Stamp Duty Land Tax applying to property purchases. Local business rates are set and collected by the local authority.
Why Newcastle upon Tyne businesses use IGI for management accounts
Making Tax Digital ready
Cloud bookkeeping with bank feeds and receipt capture is included, so your Newcastle upon Tyne business keeps digital records that meet HMRC’s requirements.
Tax planning through the year
We review your position before the year ends, when there is still time to act on pensions, timing of income, allowances and the salary and dividend mix.
Switching handled for you
We request clearance and records from your previous accountant and pick up where they left off. There is no charge for moving to IGI.
Management Accounts questions
Answers for Newcastle upon Tyne clients. Your accountant can go into detail for your situation.
Any business where decisions depend on the numbers: hiring, pricing, borrowing or investing. Owners of Newcastle upon Tyne businesses turning over more than a few hundred thousand pounds usually find monthly reporting pays for itself.
Typically within ten working days, provided the bookkeeping is up to date. The cloud software makes this far quicker than it used to be.
Yes. Enquiries, conversion rates, occupancy, jobs completed and similar operational measures can be built into the pack alongside the financials.
Lenders and investors expect current management accounts and a forecast. Having them ready, and being able to explain them, makes any application far smoother.
Yes. Many of our clients are IT, engineering and creative contractors working through limited companies. We advise on IR35 status, pay structure and expenses as part of the plan.
Yes. We prepare property pages for Self Assessment, calculate finance cost relief, advise on incorporation where it makes sense and handle the 60-day Capital Gains Tax return when a property is sold.
Other services in Newcastle upon Tyne
IGI Accounting is a trading name of IGI Security Services Ltd (company number 15881180). Information on this page is general guidance for UK taxpayers and is not advice for your specific circumstances; figures and thresholds are those in force at the time of writing and may change. Please speak to your accountant before acting on any of it.