Interim Accounts

Interim Management Accounts

Interim accounts on a monthly or quarterly basis is recommended for limited companies and any business where the managers need to keep track of actual performance against budgets

  • Identify business trends by activity enabling management to take appropriate action
  • Enables the directors to consider interim dividends
  • Directors account balances
  • Provides in year balance sheet reconciliations including trade debtors, trade creditors, VAT, PAYE and corporation tax provision
  • Highlights possible areas of saving
  • Consideration of capital expenditure before the year end and the impact on taxes
  • Ensures annual accounts are available at an early date
  • If the recording or accounting system is working well, be it an accounting package or speadsheet workbook, interim accounts can be generated quickly and efficiently
  • For those with in house accounting functions covering management needs a professional review at the 9 or 10 month point of the year will highlight any issues to be dealt with by the year end and enable input on taxation.

 Barry J Nudds Accountants

         modern approach - traditional values  

telephone 01284 625933 or 07847 004490


56, Hepworth Avenue, Bury St Edmunds, Suffolk, IP33 3XS