Management Accounts

Clear management accounts to support better decisions

At Penney’s Accountancy, our management accounts service provides clear, timely financial information to help you understand how your business is performing. By reviewing accurate figures throughout the year, we help you make informed decisions and avoid surprises.

Management accounts that give you real visibility

Year end accounts show where your business has been, but management accounts show where it is going. Regular reporting allows you to monitor performance, spot trends, and address issues early.

We tailor management accounts to your business and explain the figures clearly, so you always know what is happening and why. With a responsive team on hand, questions are answered quickly and adjustments can be made as your business evolves.

Preparing regular management accounts

Providing monthly or quarterly reports based on your needs.

Profit and loss reporting

Showing income, costs, and profitability over a set period.

Balance sheet summaries

Helping you understand assets, liabilities, and overall financial position.

Cash flow insights

Highlighting cash movements and potential pressure points.

Performance analysis and trends

Identifying patterns and changes in financial performance.

Clear explanations and guidance

Explaining reports in plain English and advising on next steps.

Frequently asked questions

What are management accounts?

How often are management accounts prepared?

Does this replace year end accounts?

Will you explain the reports to me?

Can management accounts help with growth?

Can this service be combined with other support?

Get Support When You Need It

Book your consultation and take the first step toward making running your business easier.