Millhouses Accountancy Ltd

Millhouses Accountancy

The office, Gothic House, Barker Gate,

The Lace Market, Nottingham, NG1 1JU

Tel: 0115 882 0356

Mobile: 07450 989048

Email: nottingham@millhouses-accountancy.co.uk

 
Accountancy practice in nottingham

Management Accounts

For the vast majority of businesses annual accounts are not enough.  A business often needs to know on a monthly or quarterly basis how it is performing.  This could be for the following reasons :

  • For internal management decision making.   Is your business meeting its targets or are there areas where it is falling down and you need to take action.
  • The bank may require monthly accounts to monitor how your business is performing. Perhaps you have a loan or an overdraft with them, or an invoice discounting arrangement (or perhaps you have requested one of these).

Millhouses Accountancy can provide you with management accounts on a monthly or quarterly basis.  These comprise a balance sheet, a profit and loss account and a cash flow statement.

Management accounts