Service Charge Accounting

5 Disputes that rocked service charge accounting

Every now and again service charge disputes have a significant impact on service charge accounting and reporting. Gordon Whelan, Managing... more »

What information can you find out from Service Charge Accounts? Part 2

Ailsa Burkimsher is a Client Service Manager at Haines Watts. Ailsa is a Chartered Accountant and has specialised in service... more »

Information from Service Charge Accounts

What information can you find out from Service Charge Accounts? Here are just a few of the things that leaseholders can find out... more »

Why do we have to prepare separate service charge accounts and statutory accounts?

Why do we have to prepare separate service charge accounts and statutory accounts?One of the more common questions that directors ask... more »

Notes to service charge accounts - nice to have or essential?

Gordon Whelan is National Head of Service Charge Accounting at Haines Watts. Gordon has specialised in service charge accounting... more »

Give Lessees a statutory right to demand a TECH03/11 Accountants report

Give Lessees a statutory right to demand a TECH03/11 Accountant’s report Our response to the recent government consultation,... more »

The curse of the missing Balancing Statement

The first rule of accountancy is that for every debit there must be a credit and if this rule is taken to its logical conclusion... more »

Why avoiding Accountants fees might be a bad idea for RMC directors

It is not uncommon for directors of Residents’ Management Companies (RMC) to come under pressure to reduce costs and one... more »

Accountants reports What does a Factual Findings report tell us?

If we set aside the Section 21 report then there are two options for reporting on service charge expenditure. These options are laid... more »

Whats Sandy Brown got to do with the 3rd RICS Code?

Gordon Whelan from Haines Watts explains In the 1960s and early 1970s Sandy Brown was a fine Scottish full back. A Corinthian and... more »

TECH 03/11 comes of age

Gordon Whelan from Haines Watts explains technical guidance note TECH03/11 TECH03/11 is the technical guidance note issued jointly... more »

What records should our RMC keep?

All Companies have a duty to keep accounting records, for example receipts and invoices etc. These records will form the basis for... more »

What is an annual return?

It is a form that every Residents Management Company (RMC) must send to Companies House each year. The form includes information about... more »

When should our accounts be filed?

For financial years starting on or after 6 April 2008 if you are filing your Residents Management Company’s (RMC’s) first... more »

Companies House  Major changes for UK Companies

The Small Business, Enterprise and Employment Act received Royal Assent in March 2015 and introduces a number of important measures... more »

The section 21 report  the last refuge of the desperate and disgruntled lessee

There can be few more pointless, useless and misleading reports in property management than the section 21 report. This is a report... more »

What Companies House needs to know about your Residents' Management Company

Companies House keeps accurate, up-to-date information about all limited companies on record and this information is available to anyone... more »

ARMA Advisory Note - Service Charge Accounting - Best Practise

In 2010 the Government pulled back from introducing important regulations that would have given greater protection to leaseholders... more »

ARMA Advisory Note - Forming a Residents Association

Forming a residents association is an effective way for leaseholders to express their collective views to their landlord or managing... more »