Our management information service gives you an intricate knowledge and understanding of your business finances, critical to business success.

Management Accounts

This can ensure that you meet any statutory obligations and provide essential reassurance to the people who keep your business afloat.

Regular, clear communication of pertinent information is vital for building strong relationships and is likely to improve your chances of securing further funding when needed.
  • Cloud accounting – Gone are the days of terminal-based accounting packages. Today, Cloud-based accountancy software gives you access to your financials on the move whilst also allowing integration with many other digital applications. At Champion, we can help you make the digital switch seamlessly. Read more.
  • Bookkeeping – By outsourcing your day-to-day bookkeeping to Champion you not only free up your own time to manage your business operations effectively, but you can be confident that your transactions are being recorded according to the correct accounting standards.
  • VAT returns – VAT is an incredibly complex area of tax, even for small businesses. For many, the stress of VAT is too much, so we’re here to take that compliance burden from you.
  • Management accounts – Regular management accounts enable you to forecast your cash flow, set budgets, plan for any borrowing, investigate investment opportunities, identify your recruitment needs and track your KPIs.
  • Forecasting and financial modelling – Whether you’re applying for finance or looking to predict future cash flows and profits, we can work with you to prepare forecasts and full financial models in a format that suits your needs.
  • Budgeting – We can help prepare budgets that enable you to predict income, profit and cash flows and provide a benchmark against which you can measure your actual results in the future.
  • Business advisory – On top of this management information, we can also offer important strategic advice, giving you the power to make the right decisions at the right time. Read more.

SPEAK TO AN EXPERT

Ged Cosgrove
Ged Cosgrove
Group Managing Partner
Andrew Hopwood
Andrew Hopwood
Client Partner
David Hardy
David Hardy
Client Partner
Karen Quick
Karen Quick
Accounts Manager

WHAT OUR CLIENTS SAY...

“Before my current businesses, I actually worked under Ged Cosgrove in the ‘80s. Yet my true passion wasn’t in accountancy and I left to join the hospitality industry. Years later, I acquired a business that had an accountant who was close to retirement. Of course, when the time came to replace them, I had no hesitation in turning to Champion Accountants to look after our affairs.

“Beyond meticulously maintained and accurate accounts, they’ve also given me significant guidance in areas I would never have thought of alone. Most notably, in the area of R&D Tax Relief. We had developed an app for our bars that, as well as offering a loyalty scheme, also qualifies as R&D. Having this tech available has proven to be invaluable during COVID-19 too, as Government measures required hospitality venues to offer table service and in-app ordering — two things we already had in place — almost overnight.

“With finances, rules are always changing, so you want and need your accountancy team to be well versed with the latest regulations. Champion is on the ball. They proactively find solutions, and their expertise has helped us continue to adapt to this new world we’re in. Having a firm like Champion at our disposal has proven to be one of the best investments I’ve made. They’re always a phone call or email away from solving a problem.”

Eddie McCauley, Landmark Inns & Popbev

WHAT OUR CLIENTS SAY...

“Accounting is a necessity but with Champion, you get more than just an accountant – they offer great business support. Whenever I ask for anything, it’s done on time and it’s done properly – I’m always happy with the results. They’re upfront about fees, so there are never any surprises. I have complete confidence in Champion, so much so that I’ve already recommended them to others.”

Nick Whatmore, Director at Road King

WHAT OUR CLIENTS SAY...

Chrysalis Finance is the largest provider of healthcare finance in the UK. Based in Alderley Edge with a team of 30, it offers finance solutions for clients to pay for private medical procedures and dental healthcare.

When Chrysalis Finance launched in 2012, the company hired Champion Accountants to undertake basic bookkeeping and accounts with a view to growing the business exponentially in coming years.

Director Will Harris said: “Prior to setting up Chrysalis Finance, I’d worked with some of the largest accountancy firms in the UK and I can honestly say their service cannot compare to that we receive – and have always received – from Champion.

“Their service has grown alongside our business and we now receive audit support, as well as consultancy on our tax and corporate finance. Our financial director is able to work seamlessly alongside Champion, such is their ability to flex around our processes and requirements, and we welcome their strategic and practical advice.

“Champion’s service outshines that of the larger accountancy firms you’ll come across, but is much more accessible. We’ll continue to use them for years to come.”

Will Harris, Director at Chrysalis Finance

For more information about how champion accountants can help,

Contact your local champion office today.