Monthly management accounts, reporting and financial analysis for Irish owner-managed businesses.
| A | B | C | D | |
|---|---|---|---|---|
| 1 | Sep 26 | Aug 26 | Var | |
| 2 | Revenue | 184,200 | 171,450 | +7.4% |
| 3 | Cost of sales | (96,705) | (92,583) | |
| 4 | Gross profit | 87,495 | 78,867 | +10.9% |
| 5 | Gross margin | 47.5% | 46.0% | +1.5pp |
| 6 | Overheads | (61,300) | (59,940) | |
| 7 | Operating profit | 26,195 | 18,927 | +38.4% |
| 8 | Cash at bank | 71,480 | 64,220 | |
| 9 | 13-week cash low point | 38,900 | 31,100 |
1 Financial statements may carry a year-end date up to nine months before the annual return date, and the return itself may be filed up to 56 days after that date. This is fully compliant. It also means the most recent available accounts are commonly around a year old.
Three monthly tiers — Account, Analyse, Advise. Each tier includes everything in the tiers before it.
| Tier | What you get | The problem it solves |
|---|---|---|
| Tier 01 Account The base package | Monthly close | Your figures are complete, not just whatever has been entered so far. |
| Profit and loss, balance sheet, prior year | You know what the month earned by working day 10, not next year. | |
| One page on what moved | You know why the result changed, not just that it did. | |
| Tier 02 Analyse Includes everything in Tier 1 | Margin by job, product or customer | You know which work to take more of, and which to stop quoting for. |
| Quoted price against actual cost | You stop pricing new work off a guess at what the last job cost. | |
| 13-week cash flow forecast | You see a shortfall weeks out, not on the day it lands. | |
| Debtor, creditor and stock days | You know why profit is up and the bank balance is down. | |
| Tier 03 Advise Includes everything in Tier 1 and 2 | Budget, variance and rolling reforecast | You know whether the year is on track in month three, not month twelve. |
| Hires, contracts and capex modelled | You see what a decision does to profit and cash before you commit. | |
| One-off Projections | Three-year integrated projections | A bank or grant body gets assumptions that stand up to questioning. |
This runs alongside your existing accountant, not instead of them. Nothing you have in place needs to change.
A fixed monthly fee, agreed in writing before work begins. No hourly rates.
Three-year integrated projections for an Enterprise Ireland, LEO, bank or investor submission, with every assumption written down and defensible.
Fees depend on transaction volume and the condition of the bookkeeping, so the figures above are starting points. The fee quoted after the first call is the fee charged, and it is fixed for the year. All fees exclude VAT.
I read your last filed accounts and tell you what they already show about margin, debtor days and funding. 20 minutes, no charge.
What you will get, on what date, for what fee. In writing, before anything starts.
Read-only access to your software is normally enough. You keep working as you are.
Figures by working day 10, what they mean, and a call to decide what to do next.
Xero reports what has been entered. On the tenth of the month that is an incomplete picture — supplier invoices not yet in, stock and work in progress not moved, nothing accrued or prepaid. A report is only as good as the close behind it, and the close is the work. Xero also holds no view of what a job cost against what you quoted for it.
A report run off an open ledger lists what has been entered so far. A closed month is a different number: invoices accrued, prepayments spread, stock and work in progress adjusted, balance sheet agreed line by line. The two can be far apart, and they are usually furthest apart in the months you most need the figure to be right.
Profit and cash are different numbers moving on different dates. Growth absorbs cash: debtors rise, stock rises, work in progress rises, and VAT and payroll fall due regardless. The monthly pack puts the profit beside the movement in each of those, so the cash is accounted for rather than guessed at.
Usually, provided labour and materials are coded to a job in some form. Where the coding is too thin to support it, I will tell you what has to change in how work is recorded before the numbers mean anything. That change is normally small and sits with the person already doing the entry.
No. Year-end accounts, corporation tax, VAT and payroll remain with your existing accountant. This service covers reporting during the year only.
No. Read-only access to Xero, QuickBooks or Sage is normally sufficient, and your bookkeeper continues as before. If the ledgers require work before a first close, that is identified and quoted separately.
No. The first month is where that gets sorted out. If the ledgers need work before a clean close is possible, I will tell you what is required and quote it separately rather than let it sit inside the monthly fee.
Lenders want three years of integrated projections with the assumptions written down, and a current trading position that ties back to the ledger. Both are quoted as one-off work. If you are already reporting monthly, most of the groundwork is done.
That is a mix and pricing question. It needs the result split by job, product or customer and set against what you quoted, which is what the margin work covers. The usual answers are a low-margin line growing faster than the rest, or prices that have not moved while costs have.
A rolling monthly engagement with one month's notice on either side. The fee is fixed in writing before the first close and does not change without agreement.
Approximately one hour a month: a short handover at month end and the review call.
Only me. No offshore team and no subcontractors. Engagement terms, confidentiality and the data protection basis are issued before access is granted.
Send me your company name. I will read your most recently filed accounts and tell you what they already show about your margin, your debtor days and your capacity to borrow — in a 20-minute call, at no charge. You will learn something about your business either way.