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Management accounts

Management Accounts

Management accountancy with an eye on the future

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Accounts
Bookkeeping
Business Start-Ups
Management Accounts
Company Secretarial Services
Cashflow Forecasts
Taxation
VAT Returns
Payroll

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If you require any help please feel free to contact our team

0161 960 0330
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Management Accounts

Management information allows owners and directors to build up an accurate and informed picture of business performance at a certain point in time. Regular and consistent management accounting practices can help build a healthy business and inform future capital investment plans.

We can provide management accounts on a monthly, quarterly or six-monthly basis to match your requirements. This includes, but is not limited to, a profit and loss summary, balance sheet and other forms of analysis. For all management accounting clients we would produce these first two documents throughout the year.
Having such timely and precise financial analysis to hand is a valuable tool when making key business decisions.

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A natural next step for growing businesses

For owners and directors that want to take their business to the next level, management accounting information is the perfect complement to our other accounting services. With real-time information at your fingertips you will feel more in control of your business finances.

Whether you plan to invest in new premises, recruit more employees, launch a new product or apply for a bank loan, management accounting information is a valuable resource. Banks and building societies will expect to see detailed financial accounting information when you apply. Our management accountants work to the highest accounting standards and know exactly what’s required.

The benefits of using a management accountant

  • Quickly and easily build up a picture of how things are going in the business.
  • Helps to inform key decisions, such as pricing and capital investment.
  • Third party resource provides an unbiased view of the business.
  • Increased insight and control of your organisation’s financial data.

Common management accounting questions

Why is management accounting important?

Management accounting is a valuable tool to help owners, managers or directors make key business decisions. It provides practical and accurate information on the financial position of the business at any given time.

How do I know often I need this information?

This depends on how up to date you need the information to be and the level of accuracy required by the business. A discussion with us will help us to answer this question.

What are the costs involved?

Management accounting should never be about costs, which will depend on the depth of work we have to carry out. Management accounts are a valuable tool to help business owners get a timely picture of the company’s trading position.

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    Recent Testimonials

    “Appointing Eastcroft as our Accountants has been one of the best business decisions we have made. Whenever we require assistance or help, Eastcroft are there to assist. They are always organised and up to date. As well as a bookkeeping service, they also provide our company with an exceptional payroll service. I would have no hesitation in recommending Steven and his team to anyone looking for professional and reliable accountancy services.”

    Rohan Kumar, Nu uniforms Ltd

    “In our 20 year history, our Limited Company has used firms of accountants of varying sizes. We count ourselves very lucky to have been introduced to Steven. He has been a tremendous asset to our company and is always available to have a conversation either over the phone or face to face. This facility has literally been worth its weight in gold and we heartily recommended his services, regardless of the size of your company.”

    Michael Jackson, Beverley Keogh Casting

    “Steven has provided me with invaluable accountancy advice and assistance since setting up a new business in 2015. He has continued to prepare the annual accounts and recently set up two new limited companies to help the business expand further. I would strongly recommend Steven's services to anyone requiring sound accountancy advice.”

    Andrew Hyde, Property Consultant

    “I just wanted to tell you how much you have helped my business over the past few months. You’re incredible, an absolute super star. My business is blooming again because of you. You are more than the average accountant, you go above and beyond. Helping me with planning for the future, application forms, I could go on and on. Thank you for all that you do and for always being at the end of the phone when I need you.”

    Laura Gligan, Owner – Gliganfitness Ltd

    “I have been using Steven Tray for my tax returns for over 5 years. Not only is he an expert in his field but he is also an extremely helpful and supportive professional who has always been there for me. This is why I have recommended Steven numerous times.”

    Liam Dunn

    “I’ve had the pleasure of Steven Tray acting as my accountant for the last 8 years. He has been invaluable to both my companies, going above and beyond what’s expected. I feel with his guidance and business acumen, he’s had a massive influence in the development and growth of both my businesses. Alongside his business input Steven has become a good friend and is always willing to help whenever he can. I look forward to working with Eastcroft for many years to come.”

    Jeff Bridge, Window Creations

    “I highly recommend Steven to anybody wanting professional support and an accountant they can trust. He has helped explain things to me simply, and taken care of anything I have needed help with financially. When I got my first fitness centre, Steven had regular meetings with me to help me not just from a money management perspective, but from a business standpoint also.”

    Paul Oldham, Director – Body Influence

    "Just after starting my business I recognised the need for someone to help with my bookkeeping and accounts. Eastcroft was recommended to me by a friend. I contacted Steven, we had a meeting and I engaged their services. Steven and his staff are friendly, reliable, and most of all, SAVE me money with my accountancy bills due to the accuracy of what they do. I never need to worry about the financial side of running my business."

    Ben – Oldham

    Eastcroft are on hand whenever we need them. I use them for everything to do with my business from year end accounts to bookkeeping, payroll and VAT returns. They give me timely and accurate information when I need it. One of the best decisions we, as a business have made."

    Gary – Stockport

    "Steven gave me more information in two hours than I received from my previous accountant over three years. I felt at ease from the first time we met. We now meet every month and they provide me with timely and accurate information when I need it, which allows me to concentrate on running my business."

    June – Cumbernauld

    "The staff come in, do their job and integrate well within my business. I am very impressed with their understanding of me and my business. We have regular informative meetings. Best of all, the price they quote is the price I pay, NO hidden extras and this includes all our meetings, phone calls and emails – brilliant. At last, a firm of accountants that not only know what they are doing but they are reasonably priced as well. I look forward to working with them for years to come."

    Colette – Darlington

    "As a professional balancing a full time career and an active family life, I rely greatly on Steven and his team for assistance with all my accounting needs. I’ve never had my year end accounts so quickly after my year end (roughly 45 days) which has allowed us to do some advance planning for the following year."

    David – Maidstone