What are Management Accounts?
The Management Accounts provide management with relevant and reliable financial information that can be used to manage and run the business. They are a summary of all the transactions that have taken place during a set period.
Management accounts can be used for compare performance year on year, or plan/budget going forward.
The Management Accounts will include a profit and loss, and balance sheet.
The profit and loss shows the performance of the business, while the balance sheet shows what assets the business has, as well as any liabilities.
To find out more and how GMS Accountants can help, please get in touch.
Cash Flow, Budgets & Forecasting
It’s not just about history books.
Yes, profit & loss and balance sheets are essential, but without cash flow reporting and forecasting, you’re navigating blind. We’ll help you:
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See where your money is really coming from and going to.
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Compare actuals vs. budget.
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Forecast cash, sales, and costs so you can act before things get bumpy.
Meaning: You’ll know whether you can afford that new hire or if it’s just time to buy a stronger coffee machine.
Key Performance Indicators (KPIs) That Actually Matter
We won’t bombard you with 25 pages of stats no one reads. Instead, we’ll zero in on numbers that actually steer the ship, such as:
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Gross margin %
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Debtor days (how long you’re playing bank for your customers).
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Inventory turnover (is stock moving, or gathering dust?).
No jargon. Just clear, simple KPIs tailored to your business goals.
Why Management Accounts Matter
Statutory accounts are fine—for HMRC. Management accounts are for you. They help you:
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Make decisions confidently.
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Spot trends and patterns early (good ones and scary ones).
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Be prepared for lenders and investors with proper numbers.
Think of them as your monthly (or quarterly) “reality check” that saves you from nasty surprises.
What You Actually Get
With us, you don’t just receive a PDF in your inbox. You’ll get:
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Customised reports in plain English (with graphs if you’re feeling brave).
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Timely delivery—monthly or quarterly, no delays.
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One-to-one interpretation sessions—we’ll sit down and translate the numbers into actions, without making you feel like you need an accounting degree.
It’s not about reports. It’s about helping you use them.
