Management Accounts · South London
Management accounts in West Thornton, Croydon
Statutory accounts tell a West Thornton 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 West Thornton
Owner-managed businesses in West Thornton, Croydon 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 West Thornton, Croydon, 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
What you get in West Thornton
The price for management accounts is published on this page and is what a client in West Thornton pays. We confirm it in writing first, and the invoice matches the quote.
Nothing for West Thornton 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 London, no parking. Everything for management accounts in West Thornton happens online, with a real person on the other end during UK working hours.
A named person handles your management accounts from West Thornton and knows the file, so you are not re-explaining your business to a different helpdesk each time.
The output for West Thornton 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 West Thornton 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 West Thornton, Croydon
West Thornton, Croydon is in South London, within Croydon, in the CR7 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 |
|---|---|---|
| Bensham Manor | 0.6 mi | NE |
| Broad Green, Croydon | 0.8 mi | SE |
| Pollards Hill | 0.8 mi | NW |
| Thornton Heath | 1.0 mi | NE |
| West Croydon | 1 mi | SE |
| Selhurst | 1 mi | E |
| Norbury, Croydon | 1 mi | N |
| Beddington North | 1 mi | SW |
Worth knowing
Rules that come up in this work
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.
The VAT registration threshold
Watching the rolling twelve-month turnover figure is one of the quiet jobs of monthly bookkeeping, because the £90,000 VAT threshold arrives silently. Crossing it brings quarterly returns, Making Tax Digital software and a decision about schemes. Crossing it late brings a bill for VAT you could not recover from customers and a penalty for failing to notify.
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
Directors of their own companies usually take a salary at or just above the National Insurance thresholds, which keeps the year qualifying for State Pension and is deductible for Corporation Tax, with further income as dividends. Dividends above the £500 allowance are taxed at 10.75%, 35.75% and 39.35% by band and can only be paid from distributable profits after tax, with a minute and voucher each time.
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.
The Self Assessment calendar
Self Assessment runs on a fixed annual cycle. Registration by 5 October following the tax year, online filing and payment by 31 January, and a second instalment on 31 July for those making payments on account. The penalties for lateness are automatic and escalate monthly, which is why we file early and chase approvals well before the window closes.
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.
Questions
Management Accounts questions from West Thornton
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.
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.
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 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.
How do I get started from West Thornton, Croydon?
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 West Thornton 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 West Thornton 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.
Get a fixed quote for West Thornton today
Tell us what you need. You get one fixed fee in writing, and nothing is filed until you approve it.