Management Accounts · South East London
Management accounts in Welling
Statutory accounts tell a Welling business how last year went, nine months after it ended. Management accounts tell you how this month went, two weeks after it ended, with a commentary explaining why. We produce them from your bookkeeping on a fixed working day each period, for a published fee, with the adjustments that make the figures true.
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 Welling
Owner-managed businesses in Welling 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 Welling, step by step
Scope the job
We find out what you need filed, when it is due and what state the records are in, and tell you which fixed-fee package applies.
Agree the price
The fee is confirmed in writing. There is no hourly billing and nothing added for questions during the work.
Hand over the records
Photographs, PDFs, software access or a spreadsheet, sent however suits you. We confirm what we have and what is missing within two working days.
Approve, then we submit
You review the draft with our explanation, sign off, and we file. Receipts, copies and the next deadlines come back to you immediately.
Why IGI
Why Welling businesses file with IGI
The price for management accounts is published on this page and is what a client in Welling pays. We confirm it in writing first, and the invoice matches the quote.
Nothing for Welling 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 Welling happens online, with a real person on the other end during UK working hours.
A named person handles your management accounts from Welling and knows the file, so you are not re-explaining your business to a different helpdesk each time.
The output for Welling 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.
Nothing is filed for Welling until you have reviewed and approved it. You see the draft, you ask questions, you sign off, then we submit and send you the receipt.
Local facts
About Welling
Welling is in South East London, within Bexley, in the DA16 postcode district, England. For businesses in England the tax rules are those set by the UK Parliament: the 20/40/45% income tax bands, Class 4 National Insurance for the self-employed at 6% and 2%, Corporation Tax at 19% to 25%, and Stamp Duty Land Tax on property. Business rates are set locally by the council.
| Place | Distance | Direction |
|---|---|---|
| Danson Park | 0.4 mi | SE |
| Crook Log | 0.5 mi | E |
| St. Michael's | 0.6 mi | NE |
| East Wickham | 0.6 mi | N |
| Falconwood and Welling | 0.7 mi | W |
| Blackfen | 0.9 mi | SW |
| Upton, Bexley | 0.9 mi | SE |
| Blendon | 1 mi | S |
Worth knowing
Rules that come up in this work
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.
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.
Corporation Tax rates and marginal relief
Companies pay Corporation Tax at 19% on profits up to £50,000 and 25% on profits over £250,000. Between those figures marginal relief applies, producing an effective rate that rises gradually and a marginal rate of 26.5% on each pound in the band. The thresholds are divided by the number of associated companies, so a director with two companies has thresholds of £25,000 and £125,000 for each.
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.
Director's loan accounts
The most common tax problem in owner-managed companies is an overdrawn director's loan account: drawings taken during the year that were never declared as dividends or salary. The company faces a 35.75% charge on the balance outstanding nine months after the year end, and the director may have a benefit in kind. We review the account before every year end to clear it properly.
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.
Payments on account
A common surprise in Self Assessment is the January payment that is far larger than expected. That is the balancing payment for the year just ended plus the first payment on account for the year ahead, which HMRC sets at half of the bill just calculated. We put the figure in your hands months ahead and tell you how to adjust it legitimately when circumstances change.
Questions
Management Accounts questions from Welling
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.
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.
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.
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.
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.
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 do I get started from Welling?
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 Welling clients are set up within a day.
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 Welling 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.
Fixed fees, filed on time, for Welling
Tell us what you need. You get one fixed fee in writing, and nothing is filed until you approve it.