29/10/2026
The bank balance in Xero did not match the bank statement. That was the first thing we found when a CIC with eight staff brought their accounts to us.
It was not the only thing. Transactions that had been reconciled were sitting in the wrong categories, pension payments had not been made, and there were no month end reports, so nobody had a clear view of where the money was going.
What we fixed
We reconciled every account and checked the bank statements tallied with Xero. We went through every transaction and categorised it correctly. We found unpaid HMRC payments, and the director brought them up to date. We got the pension contributions up to date.
What is in place now
Management reports for the current financial year. A monthly check with the director for any payroll changes. Dext, so every transaction has a proper record and project costs can be tracked. Quarterly calls on finances and operations, with support on strategy.
The director now gets the numbers every month, and a regular conversation about what they mean.
If your own books look like the first list, DM us to talk about your business.