Monthly Management Accounts in Cheltenham
Gro Profit First Accountants produce monthly management accounts from our office at 122 Bath Road, Cheltenham (GL53 7JX) for growing businesses across Cheltenham, Gloucester, Tewkesbury, Stroud, Cirencester and remotely across the UK. Pricing starts from £150 a month for a small limited company and scales with the complexity of your reporting (number of departments, branches, KPIs, cash forecast horizon). Every set of management accounts is prepared by our in-house team and reviewed by our founder Stephen Edwards FCCA before it goes to you.
Stephen Edwards FCCA — the accountant signing off your numbers
Management accounts at Gro are signed off by our founder Stephen Edwards, a Fellow of the Association of Chartered Certified Accountants (FCCA) with 25 years' experience and the UK's first Profit First Accountant of the Year (2022). Stephen has built management-reporting packs for Cheltenham and Gloucestershire businesses ranging from £250k turnover sole-director companies through to multi-branch trading groups north of £10m. The numbers are nothing without the commentary — Stephen writes the monthly commentary on your accounts so the report tells you what changed, why it changed, and what to do about it.
Why Cheltenham businesses choose us
We've been part of the Cheltenham business community for 25 years (originally as Cheltenham Tax Accountants, now Gro Profit First Accountants). When your business is at the stage where management accounts actually matter — you're making decisions about hiring, premises, prices, marketing spend — having an accountant 10 minutes' drive away who already knows your numbers makes a real difference. Most of our management-accounts clients have a quarterly in-person review at our office at 122 Bath Road, with monthly numbers and commentary delivered by email and a 30-minute video call in between.
What you'll receive each month
Within 10 working days of month-end, you'll receive a full management-accounts pack: a profit-and-loss statement against budget and prior year, written commentary on the major variances, a balance sheet summary with debtor/creditor ageing, a cash position with 13-week rolling cash forecast, a KPI dashboard tailored to your business, and your Profit First account balances and allocation tracking. We don't just send numbers — we explain what they mean, what's different from last month, and what you should do about it.
KPIs that actually drive better decisions
Generic KPIs are nearly useless. We sit down with you in onboarding and build a KPI set that fits your business: gross-margin percentage by product line or service, contribution per delivery (for trades and service businesses), revenue per fee-earner (for professional services), debtor days, cash runway (months of expenses in reserve), conversion rate from quote to order, average order value, and your Profit First allocation percentages. The KPI dashboard is the page you actually look at — everything else is supporting evidence.
Cash flow forecasting
Cash is the lifeblood of any business and the thing most owners worry about most. Our 13-week rolling cash forecast shows you exactly when the pinch points will come — VAT due, corporation tax due, big supplier payments, the lean trading month — and gives you time to plan for them rather than react. Combined with your Profit First allocations on the same report, you have full visibility of what's yours, what HMRC's, and what's available to spend on the business.
Talk to Stephen
Call us on 01242 528412 (Mon–Fri 9am–5pm) or book a free 30-minute strategic meeting. Bring your last set of annual accounts and one of your recent monthly P&L print-outs (if you have them); we'll show you exactly what your monthly pack from us would look like and quote a fixed fee.