Budgeting & Planning.
Budgeting and planning turns your plans for the year into numbers each department owns: revenue targets, headcount, operating costs and capital spending, brought together in a budgeted P&L, balance sheet and cash flow. We run the process with your managers so the budget is realistic, approved by the board and usable for monthly tracking.
A full annual budget typically takes 4–6 weeks, driven by the number of departments and review rounds. We usually start 6–8 weeks before the financial year so the board can approve it before 1 April.
A partner — a chartered accountant or company secretary — from the first call to sign-off.
Based on your situation, and fixed in writing before any work starts.
Is this for you?
- Companies preparing their first formal annual budget
- Growing businesses where department heads need agreed cost and hiring limits
- Companies whose board, investors or lenders require an approved annual budget
What you receive at the end.
- 01Department-wise budget templates and completed submissions
- 02Monthly budgeted P&L, balance sheet and cash flow for the year
- 03Headcount and capital expenditure budgets
- 04Board presentation of the budget with key assumptions and sensitivities
- 05Budget loaded into the monthly MIS for budget-versus-actual tracking
Budgeting & Planning, step by step.
A full annual budget typically takes 4–6 weeks, driven by the number of departments and review rounds. We usually start 6–8 weeks before the financial year so the board can approve it before 1 April.
- 1
Planning assumptions
We agree top-down assumptions with management: growth targets, pricing, cost inflation, hiring plan and capital expenditure.
- 2
Department inputs
Department heads submit revenue, headcount and expense plans on standard templates, and we challenge them against history and company targets.
- 3
Consolidate the budget
We consolidate the inputs into a monthly budgeted P&L, balance sheet and cash flow, and test the result for funding needs and covenant compliance.
- 4
Review rounds
We present the draft to the leadership team, revise it, and prepare the board version with key assumptions and sensitivities.
- 5
Approval and phasing
Once the board approves it, the budget is phased by month and loaded into the MIS so actuals are tracked against it from the first month.
What we need from you.
Don't have everything yet? We send a short checklist after the first call and work with what you have.
- Financial statements for the last two years and current year-to-date actuals
- Sales plan, pricing and customer pipeline
- Current headcount and salary cost by department, with planned hires
- Major contracts, leases and loan schedules
- Planned capital expenditure and projects
The fee depends on your situation. After a short call, the partner who will do the work tells you what's involved and gives you a fixed fee in writing — before any work begins.
- Government fees and statutory charges are billed at actuals.
- When you pay — upfront, in stages or on completion — is agreed in writing with the fee.
Questions about Budgeting & Planning.
Ready to discuss Budgeting & Planning?
30-minute confidential call — no proposal, no commitment. A partner will write back within one business day.