Management Accounts

Management Accounts Service by Lambert Chapman LLP. Clear Financial Insight. Smarter Decisions.

Do you have good bookkeeping records but aren’t sure how to turn them into meaningful financial insight?

Lambert Chapman’s Management Accounts service bridges the gap between raw data and smart business decisions.

What we do:

• We take your bookkeeping records and make the regular adjustments needed to produce accurate, up-to-date management accounts.

• We can work on a monthly, quarterly or six-monthly basis, whichever suits your business rhythm.

• We deliver clean, usable financial statements – profit & loss, balance sheet – plus tailored management reporting packs for directors, lenders or internal stakeholders.

What you’ll receive:

With our management accounts service you’ll get:

• A timely, clear view of your business’s current financial position

• Analysis of key areas such as debtors, creditors, cash and working capital

• Comparison of actual performance against forecasts, budgets or previous periods

• Forward-looking cash flow planning and projections to help you anticipate potential shortfalls or opportunities

• Actionable insights and “what-if” planning to help you make better decisions (e.g. around investment, hiring, borrowing or cutting costs)

• Flexible delivery: summary dashboards for busy directors, or full-detail packs for deeper dives

We have included some frequently asked questions at the bottom of the page.

Why it matters:

• Avoid nasty surprises – spot cash squeezes, debtor pressures or cost overruns early

• Free up your time by outsourcing the technical accounting adjustments

• Give your board, your bank or your investors confidence in the numbers

• Make faster, better-informed decisions on cash, borrowing, investment and growth

How we deliver:

• We’ve built a repeat-booking system: our clients know reports will land on time and become a reliable part of their business routine

• Your management accounts are overseen by experienced Chartered Accountants and Partner-level staff, who bring financial discipline and strategic insight

• We tailor the reporting pack to your needs: from simple monthly P&L and balance sheet to detailed cash forecasts, ratio analysis, “what-if” modelling and bespoke reporting built in Sage or other software

• As your business evolves, so does your reporting: we’ll suggest new metrics, forecasts or dashboards as your business scales

➡️ Ready to get started?

Contact us today for a tailored quote. Let us show you how to transform your bookkeeping data into a powerful management tool so you can steer your business with confidence.

Management Accounts Service in Essex – frequently asked questions

1. What are management accounts?

Regular financial reports (monthly or quarterly) that give you a clear picture of profit, cash flow and performance – not just at year-end.

2. How often should I have them prepared?

Most clients choose monthly for close control, but quarterly or six-monthly works too. We’ll tailor the schedule to your needs.

3. How do they differ from year-end accounts?

Year-end accounts meet statutory requirements. Management accounts are for day-to-day insight, helping you make timely business decisions.

4. What’s included in a pack?

Typically: P&L, balance sheet, cash flow review, debtors/creditors analysis and comparisons against budgets or forecasts.

5. Can they help with cash flow?

Yes. They highlight issues before they become problems and include forward-looking cash flow forecasts.

6. Why outsource management accounts?

It saves time, ensures accuracy and provides access to expert advice, freeing you to focus on running your business.

The team will be happy to answer any of your questions – get in touch if we can help in any way.