Chartered Accountants Helping Small Businesses Grow Since 2009

Reliable, straight-talking accounting, tax and business advice — delivered locally in Bristol and online across the UK.

We help e-commerce, retail, and service businesses keep more of what they earn.

✔ Chartered Accountants
✔ 15 years’ experience
✔ Secure online systems
✔ Cloud accounting

Management Accounts — Clear Financial Reporting for Smarter Decisions

Unlike statutory year‑end accounts, management accounts are prepared monthly or quarterly to give you a real‑time view of your business. Profitability, cash flow, margins, and key performance indicators (KPIs) — all in one place, so you can make informed decisions with confidence.

Profit & loss (P&L)

See your income, cost of sales, and overheads — understand what’s driving profit (or loss) each month.

Balance sheet

Track assets, liabilities, and equity. Know what your business owns and owes at any point in time.

Cash flow statement

Monitor cash coming in and going out — avoid surprises and plan for VAT, payroll, or investment.

What’s Included

Our management accounts package is tailored to your business. We focus on the numbers that matter most to you.

Core financial reports

Monthly/quarterly P&L with comparatives (vs budget / prior year)
Balance sheet with key ratios
Cash flow statement & forecast
Sales & margin analysis
Overhead breakdown by department

KPIs & commentary

Tailored KPIs (e.g., gross profit %, debtor days, stock turnover)
Narrative explaining variances and trends
Actionable recommendations
Budget vs actual comparison
Rolling cash flow forecast

We can also integrate non‑financial data (e.g., headcount, orders, website traffic) if that helps you run the business.

Why Management Accounts Matter

Waiting until year‑end to see your results is like driving with the windscreen painted over. Management accounts give you the visibility to steer your business in real time.

Spot trends early

Identify falling margins, rising costs, or slow‑paying customers before they become crises.

Control cash flow

See exactly when cash will be tight — plan for VAT, payroll, or investment with confidence.

Make better decisions

Should you hire? Buy equipment? Launch a new product? Management accounts give you the facts.

Who We Work With

Management accounts add value to almost any business, but we particularly help those with ambition to grow or improve profitability.

SMEs & mid‑market

E‑commerce & retail

Construction & property

Manufacturing

Professional services

Tech & SaaS

Franchise groups

Charities & not‑for‑profit

Startups seeking investment

Beyond the Numbers: Strategic Planning

Management accounts aren’t just a rear‑view mirror — they help you look ahead. We use them to build budgets, forecasts, and what‑if scenarios.

Budgeting & forecasting

We help you set realistic budgets and update forecasts as circumstances change — so you always have a target to aim for.

What‑if analysis

What if you raise prices? What if you take on a big new client? We model the impact on cash and profit.

Funding & investment

If you’re seeking finance or investment, clean management accounts and forecasts are essential. We can prepare them to investor standards.

Technology & Integration

We work with your existing accounting software to pull data automatically, so reports are always based on the latest transactions.

Xero

QuickBooks

Sage

Capium

Power BI dashboards

Excel / Google Sheets

Fathom / Spotlight

Automated data flow

Bank feeds, sales invoices, and bills flow into your software automatically — we just review, adjust, and report.

Interactive dashboards

For clients who want real‑time access, we set up dashboards (e.g., Power BI, Fathom) so you can drill into the numbers yourself.

Secure & cloud‑based

All data is encrypted and accessible from anywhere. You control who sees what.

How We Deliver

A simple, reliable process that fits around your schedule.

1. Data collection

We connect to your software and agree on the cut‑off date. If bookkeeping is up to date, we can start immediately.

2. Review & adjust

We check for anomalies, make any necessary adjustments (accruals, prepayments, stock), and calculate KPIs.

3. Report & discuss

You receive a clear report (usually within 10 working days of month‑end) and we schedule a call to walk through it.

We agree the frequency with you — monthly, quarterly, or ad‑hoc. Most growing businesses benefit from monthly reporting.

Frequently Asked Questions

Common questions about management accounts.

Statutory accounts are prepared once a year for HMRC and Companies House, following strict formats. Management accounts are internal, flexible, and designed to help you run the business — they can include any information you find useful.

Most clients opt for monthly or quarterly. Monthly gives you tighter control; quarterly is often enough for stable businesses. We’ll recommend a frequency based on your size and goals.

Clean bookkeeping helps, but we can work with you to clean things up as we go. If you’re behind, we can do a catch‑up first, then begin regular reporting.

Yes. We can work with you to create a realistic annual budget, then track performance against it each month.

Absolutely. Every report comes with a call or video meeting where we explain the numbers and answer your questions.

Yes — management accounts are delivered remotely via cloud software and video calls. We support clients across the UK.

Ready to take control of your numbers?

Book a free, no‑obligation consultation to discuss how management accounts can help you make better decisions, improve cash flow, and grow with confidence.

Book a Free Consultation Call 0333 789 1010

Ready to Streamline Your Accounts?

Contact MHC & CO today and let our experts handle your Accounts.

MHC & Co.

Chartered Accountants
54 Gloucester Road
North
Bristol
BS7 0SJ

Contact Us

Tel: +44 333 789 1010

Fax: +44 117 3737 449

Email: info@mhcandco.co.uk