For UK charities & non-profits
Management Accounts for Charities
Management accounts are indispensable tools for your organisation's financial health. They give detailed insight into your financial performance, so trustees and leaders can make informed decisions — every month or quarter, not just at year-end.
- Manchester-based, working UK-wide
- Monthly or quarterly reporting
- Part of a full outsourced finance team
Why Management Accounts Matter for your Charity
Year-end accounts tell you what happened last year. Management accounts tell you what's happening now — while there's still time to act on it.
They give your trustees a clear picture of your charity's financial health at every meeting.
Trustees can make informed decisions
Based on current, reliable figures.
Trends and variances are spotted early
Performance tracked against your goals.
Cash needs are planned ahead
Liquidity and short-term needs kept in view.
Strategic planning is grounded in numbers
Forecasts that support resource allocation.
What Our Management Accounts Include
Eight elements that together give you a complete, up-to-date view of your organisation's finances.
Forecasting
Projecting future financial performance to support strategic planning and resource allocation, and to spot challenges and opportunities early.
Key performance indicators (KPIs)
Tracking the vital metrics that reflect your organisation's health, with targets and benchmarks that enable data-driven decisions.
Performance analysis
Evaluating financial performance against your goals, identifying trends and variances, and offering insights for improvement.
Monthly or quarterly reports
Regular updates on financial performance, with comprehensive analysis so information is timely and actionable.
Profit & loss statement
A detailed statement of income and expenditure, assessing performance over the period and highlighting areas for cost control.
Balance sheet
A snapshot of your financial position — assets, liabilities and reserves — providing a foundation for stability and growth.
Cashflow statement
Tracking inflows and outflows of cash to ensure liquidity and plan for short-term financial needs.
Timely information
Current, accurate financial data that supports prompt decisions and keeps trustees and stakeholders well informed.
Built on Accurate Bookkeeping
Management accounts are only as reliable as the records underneath them.
Our charity bookkeeping keeps your purchase and sales ledgers current and your bank and balance sheet reconciled, and all of it feeds directly into your monthly management accounts. One bookkeeping error doesn't stay isolated — that's why we look after both.
Management accounts are part of our virtual finance office, and the starting point for our strategic finance support. We understand what trustees need to see, including the distinction between restricted and unrestricted funds.
What our charity clients say
“Bowdon has been instrumental in supporting our charity’s financial operations. Their preparation of monthly management accounts ensures our trustees have a clear picture of our financial health, while their advice on compliance has been invaluable.”
Common questions
Something not covered here? Ask us directly — we're happy to answer.
What's included in your management accounts?
Forecasting, KPIs, performance analysis, a profit and loss statement, balance sheet and cashflow statement, delivered as regular monthly or quarterly reports with timely, accurate information.
Monthly or quarterly — which do we need?
We offer both, and the right choice depends on how closely your trustees want to follow the figures. We can talk it through on a free discovery call.
What's the difference between management accounts and annual accounts?
Annual accounts are a statutory record of the year, prepared after it ends. Management accounts are produced during the year to help you make decisions now. See our statutory reporting service for annual accounts.
Do you handle restricted and unrestricted funds?
Yes. We understand the distinction between restricted and unrestricted funds and what trustees need to see in their management accounts.
Do you also work with CICs and businesses?
Yes. Charities are our specialism, but we also provide management accounts for Community Interest Companies and businesses.
How do we get started?
Book a free discovery call, or use our quote generator for charities to get an indicative price for the services you need.
Works alongside
Management accounts draw on every other part of your charity's finance function.
Bookkeeping
The accurate records your reports are built on.
Payroll
Charity payroll handled accurately and on time.
Credit control
Keeping income coming in without the chasing.
Statutory reporting
Year-end accounts, independent examination and VAT.
Virtual finance office
A full outsourced finance function.
Strategic finance support
Planning and oversight beyond the numbers.
Ready for reporting your trustees can act on?
Get in touch to discuss how our management accounts can give your charity a clear, current picture of its finances.
Email Address
Office Base
66 Paul Street London, England, EC2A 4NA
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