Grow A Financially Successful Business

A Profit & Loss Does Not Paint The Full Picture

Most small business owners are led to believe that "reviewing their accounts monthly" means looking at the profit and loss. Whilst this is a great place to begin, simply looking at the P&L does not paint the full picture about how the business is performing, especially when you are running a 6 or 7 figure business.

And critically do you fully understand the numbers? Do you know what impact your performance is having on your cash flow? How do you gauge if your pricing and cost base is correct? Do you understand what the long term implications of your decisions are? Are you sure you have a scalable and profitable business model?

The management accounts should answer questions just like these, and give you a full overview of every angle of your business, not just your profit. You need to be looking at a range of numbers that shows how the business is performing from sales & gross profit, to operations and cash flow and long term projections.

It is vital to understand what is driving the numbers and how they link together so that actions can be taken to fix what isn't working, and replicate what is working.

Get Monthly Reporting That Delivers Value

We will deliver bespoke and insightful information about how your business is performing and give you the confidence you need to make the decisions needed to grow a financially successful business.

01 We will meticulously analyse the numbers for you. We will look at your profit and loss, cash flow and balance sheet. No stone will be left unturned by our expert eyes.

02 We will prepare a monthly reporting pack that is bespoke to your business and summaries the key points that need your attention and focus. As standard, it includes detailed commentary, in simple English, to ensure you fully understand how your business is performing.

03 We will provide recommendations of the actions you need to take to increase your profits, improve your cash flow and grow your business.

Our years of experience supporting businesses to increase their profits, improve their cash flow and

That’s Why Our Monthly Reporting Pack Includes

Profit & Loss report with commentary explaining what is happening and recommendations to improve your business
Balance Sheet report
Monthly commentary of your finances and what is and isn't working well, along with recommendations to improve your business
Monthly cash flow analysis and recommendations on how to improve your cash
Monthly bespoke KPI dashboards to track what matters in your business
Monthly aged creditors analysis - a breakdown of what money you owe to your suppliers
Monthly aged debtors analysis - a breakdown of what money is owed to you by your customers
Quarterly 1 hour board meeting with an experienced finance director to guide you on strategic issues and how to grow your business
Quarterly sales & GP analysis - key insights into your customers behaviour and spending habits
Quarterly forecast of how much profit and cash you will generate this year
Quarterly forecast of your tax liabilities and recommendations on how to reduce business taxes
Quarterly tax update of all financial legislation changes that impact your business
Quarterly Risk Review of key threats and vulnerabilities to your business and recommendations on how to minimise them
Annual planning session with an experienced finance director who will prepare a financial forecast for the next 12 months based on your growth plans

Qualified & Trusted

We are chartered management accountants that specialise in business growth and performance.

And we are UK qualified with two of the leading accountancy bodies

Pricing

To employ a full time finance director and qualified chartered accountant will set your business back in the region of £150-200k

Don’t just take out word for it

You can have the same level of service and expertise in your business for £749 per month

Bookkeeping Support

There is a saying “garbage in, garbage out” and never has this been more true about bookkeeping. To enable accurate analysis of your business and provide insightful information that you can make informed decisions off, the data input into your finance & business systems must be of good quality.

As well as improving the accuracy of your reporting and enabling you to make smarter decisions, good quality bookkeeping can also help to reduce your tax bill, reduce the cost of year end tax returns,and ensure you remain compliant with all appropriate laws and regulations.

We can support you in two ways with your bookkeeping:

Option A: Bookkeeping Assurance Service - For businesses that have their own bookkeeper or finance staff

Option B: Full Bookkeeping Service

Already Have An Accountant or Bookkeeper?

You wouldn't ask your optician about your bad back, and accounting is similar in that you need to ask the right accountant to support you. The term accountant covers many different areas of expertise and whilst qualified accountants will all have a good level of "accounting" knowledge, you need the right expertise to support you in your business, especially when it comes to management accounts and financial management.

It goes without saying that we have a team of experienced bookkeepers and accountants who can take care of all the day to day financial needs your business has, from logging receipts to submitting VAT returns and payroll. In fact, this does not make us special at all as these are the basic services that pretty much every bookkeeping and accounting business offers.

But our skills and expertise goes beyond that, because we are experts in Financial Management. Our job is to provide the right information on how your business is performing, so that you know exactly what is and isn’t working and what you need to do to achieve financial success.

Bookkeeping & Accounting

Accounting & bookkeeping is about keeping on top of your day to day financial transactions, and submitting all your accounts and tax returns to the HMRC & Companies House.

Example tasks include:

Posting & paying supplier invoices
Raising sales invoices
Payroll
VAT returns
Year end accounts and tax returns
Tax planning

Financial Management

Financial management is the art of coordinating your business's resources, including people and cash, to achieve your goals.

Examples Include:

Setting & executing business goals
Making decisions to maximize profit
Managing cash flow
Optimizing productivity and performance
Cost control & budgeting
Sourcing funding & investment

If a plane goes off course just a couple of degrees it will be hundreds, even thousands of miles from its intended destination when it arrives.

That's why the most successful business owners drive their business by the numbers. They know the correct route to their destination, they know when they are off course, and they know how to fix it.

Don't allow your business to be "broadly" on track any longer.

The numbers in your business are telling you a story. Interpreting that story, and understanding what actions drive them in the right direction guarantees you and your business financial success

Bolton Trading LTD
Certified Public Accountants

Management Accounts

Grow A Financially Successful Business

A Profit & Loss Does Not Paint The Full Picture

Get Monthly Reporting That Delivers Value

Our years of experience supporting businesses to increase their profits, improve their cash flow and