What Accounts need to be prepared?
A freehold/resident’s management/right to manage company has to comply with both the Companies Act and the Landlord & Tenant Acts accounting provisions. This means that 'company accounts' have to be filed with Companies House and 'service charge accounts' have to be provided to the service charge payers in accordance with Section 21-28 of the Landlord & Tenant 1985.
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What Accounts need to be prepared?
A freehold/resident’s management/right to manage company has to comply with both the Companies Act and the Landlord & Tenant Acts accounting provisions. This means that 'company accounts' have to be filed with Companies House and 'service charge accounts' have to be provided to the service charge payers in accordance with Section 21-28 of the Landlord & Tenant 1985.
Valuation Services provided by The Ringley Group
Meet our Expert Property Commentators