Page 1: Month-end management pack
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In Good Order
MONTHLY MANAGEMENT ACCOUNTS
FICTIONAL EXAMPLE
Month-end
management pack
A small trading business
PERIOD REPORT STATUS
August 2026 Draft 1
£600 fee estimate awaiting invoice
AUGUST 2026
£50,000 £20,000 £6,000
Sales Gross profit Profit before tax
CONTENTS
02 Executive overview 06 Profit and cash
03 Trading performance 07 Stock and payment timing
04 Profitability 08 Outstanding items
05 Financial position 09 Basis of preparation
ALL FIGURES ARE INVENTED
This is a fictional management report, not a client result, statutory accounts, a forecast or an assurance report.
ingoodorder.co.uk 01 / 09Page 2: Executive overview
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In Good Order 01 / OVERVIEW
MONTH-END / AUGUST 2026
Executive overview
Sales met budget. Profit was £1,000 below budget. Bank cash fell by £3,000.
SALES GROSS PROFIT PROFIT BEFORE TAX
£50,000 £20,000 £6,000
+£4,000 vs July 40% gross margin £1,000 below budget
CLOSING BANK CLOSING STOCK EQUITY
£17,000 £27,000 £44,000
£3,000 lower in August £9,000 higher in August £6,000 higher in August
August against budget Working-capital movement
Actual Budget Increase in closing balances
Sales £50k / £50k Stock +£9,000
Gross profit £20k / £21k Receivables +£3,000
Profit before tax £6k / £7k Payables and accruals +£3,000
0 £50k Net cash absorbed £9,000
MONTH-END ITEMS
£4,000 of receivables is overdue. £2,000 of supplier payables needs a payment date. The £600 platform fee is
accrued pending its invoice.
Gross margin was 40%, against a 42% budget. The cause of the shortfall remains unconfirmed.
In Good Order Fictional example | All figures invented | Draft 1 02 / 09Page 3: Trading performance
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In Good Order 02 / TRADING
MONTH-END / AUGUST 2026
Trading performance
July actual, August actual and August budget.
Monthly performance July August Budget
£000
60
£50k £50k
50 £46k
40
30
£19k £20k £21k
20
10 £5.5k £6k £7k
0
Sales Gross profit Profit before tax
£ July actual Aug actual Aug budget Variance
Sales 46,000 50,000 50,000 0
Cost of goods sold 27,000 30,000 29,000 +1,000
Gross profit 19,000 20,000 21,000 (1,000)
Fees and delivery costs 5,500 6,000 6,000 0
Staff costs 6,000 6,000 6,000 0
Other operating costs 2,000 2,000 2,000 0
Profit before tax 5,500 6,000 7,000 (1,000)
Variance = August actual less budget. A positive cost variance is an overspend.
BUDGET VARIANCE
Sales were on budget. Cost of goods sold was £1,000 over budget; all other cost lines matched budget.
In Good Order Fictional example | All figures invented | Draft 1 03 / 09Page 4: Profitability
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In Good Order 03 / PROFITABILITY
MONTH-END / AUGUST 2026
Profitability
August 2026 | Sales £50,000; profit before tax £6,000.
Sales to profit Sales Profit Costs
£000
60
£50k (£30k)
50
40
30
£20k (£6k)
20 (£6k)
10 (£2k) £6k
0
Sales Goods Gross Fees / Staff Other Profit
sold profit delivery costs costs before tax
Sales allocation
Cost of goods sold £30,000 60%
Fees and delivery £6,000 12%
Staff costs £6,000 12%
£50k
August sales Other operating costs £2,000 4%
Profit before tax £6,000 12%
Fees and delivery costs include a £600 platform-fee accrual.
GROSS MARGIN PROFIT-BEFORE-TAX MARGIN
40% actual 42% budget 12% actual 14% budget
In Good Order Fictional example | All figures invented | Draft 1 04 / 09Page 5: Financial position
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In Good Order 04 / BALANCE SHEET
MONTH-END / AUGUST 2026
Financial position
31 August 2026, with the movement from 31 July.
Assets £59,000 Liabilities and equity
Stock £27k
Bank £17k £59k
total
Customer receivables £15k
Equity £44k
0 £30k Liabilities £15k
£ 31 July 31 August Movement
Bank 20,000 17,000 (3,000)
Customer receivables 12,000 15,000 +3,000
Stock 18,000 27,000 +9,000
Total assets 50,000 59,000 +9,000
Supplier payables 10,000 12,000 +2,000
Accrued costs 2,000 3,000 +1,000
Equity 38,000 44,000 +6,000
Total liabilities and equity 50,000 59,000 +9,000
Equity movement
£38,000 + £6,000 = £44,000
Opening equity Profit before tax Closing equity
In Good Order Fictional example | All figures invented | Draft 1 05 / 09Page 6: Profit and cash
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In Good Order 05 / CASH
MONTH-END / AUGUST 2026
Profit and cash
The £6,000 profit was offset by £9,000 of working-capital outflow.
Bank movement Bank Increase Decrease
£000
30
+£6k (£3k)
25 (£9k)
£20k
20 +£1k £17k
+£2k
15
10
5
0
Opening Profit Customer Stock Supplier Accrued Closing
bank before tax receivables payables costs bank
Reconciliation of profit to cash
Movement Cash effect £
Profit before tax +6,000
Increase in customer receivables (3,000)
Increase in stock (9,000)
Increase in supplier payables +2,000
Increase in accrued costs +1,000
Net movement in cash (3,000)
Opening bank balance 20,000
Closing bank balance 17,000
£6,000 − £9,000 = (£3,000)
Profit Working-capital outflow Bank movement
In Good Order Fictional example | All figures invented | Draft 1 06 / 09Page 7: Stock and payment timing
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In Good Order 06 / WORKING CAPITAL
MONTH-END / AUGUST 2026
Stock and payment timing
Closing balances and unresolved collection or payment dates.
Stock movement
£000
60 +£39k (£30k)
50
40
30 £27k
20 £18k
10
0
Opening stock Purchases Goods sold Closing stock
Stock increased by £9,000 (50.0%). No write-downs or other stock adjustments are modelled.
Customer receivables Supplier payables
£4,000 £2,000
£15k Overdue £12k Payment date
unconfirmed
total total
£11,000 remainder £10,000 remainder
Receipt dates are unconfirmed. No payment-date breakdown is given for the remaining
£10,000.
Accrued costs £3,000
£600 fee estimate £2,400 other accruals
In Good Order Fictional example | All figures invented | Draft 1 07 / 09Page 8: Outstanding items
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In Good Order 07 / ACTIONS
MONTH-END / AUGUST 2026
Outstanding items
Four open items. Responsibilities shown are illustrative.
Item Responsible role / next step
01 Platform invoice FINANCE
£600 estimate Obtain the invoice. Match it to the accrual and settlement
entries. Post any difference.
02 Overdue receivables OWNER
£4,000 overdue Check disputes and confirm collection dates before
including receipts in the cash plan.
03 Stock review STOCK LEAD
£27,000 closing stock Review ageing, quantities, demand and recoverable cost
before the next order.
04 Supplier payment OWNER
£2,000 awaiting a date Confirm terms, payment authority and timing. Include the
commitment in the cash plan.
Close sequence
01 02 03 04 05
Retain records Check invoice Review changes Issue revision Carry items
forward
Retain Draft 1 when issuing a replacement. Carry unresolved items forward with their owner.
In Good Order Fictional example | All figures invented | Draft 1 08 / 09Page 9: Basis of preparation
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In Good Order 08 / BASIS
MONTH-END / AUGUST 2026
Basis of preparation
All figures are invented. No underlying client records were used.
PERIOD August 2026, with July actual and August budget comparatives.
ACCOUNTING BASIS Accrual accounting. Stock is held at recoverable cost, with no write-downs, losses or other
stock adjustments.
EXCLUSIONS VAT, tax, borrowing, fixed assets, depreciation, owner transactions and foreign currency. No
other balance-sheet movements are modelled.
FEE ESTIMATE £600 is included in fees and delivery costs and accrued liabilities. The fictional estimate uses
transaction data and agreed fees, pending its invoice. No input VAT is modelled.
PRESENTATION Variances, shares and ratios are calculated from the fictional figures. £k means £1,000.
Percentages are rounded; parentheses indicate negative amounts or deductions.
USE Illustrative management information only. Not statutory accounts, a forecast, audit or
assurance. The report does not authorise payments or spending.
Records required for a live pack
Record Use
Ledger and agreed budget P&L, comparatives and balance sheet
Bank and payment statements Cash balances and reconciliations
Sales and customer records Revenue, receivables and collection status
Supplier and platform documents Costs, payables, accruals and duplicates
Stock records and count evidence Quantities, cost, ageing and recoverability
Close and adjustment schedules Review decisions, changes and open items
SOURCE FIGURES
In Good Order, Month-end management pack, fictional August 2026 example (Draft 1), pages 2–7. No new trading periods or client figures
have been added.
In Good Order Fictional example | All figures invented | Draft 1 09 / 09