All companies have to keep records of their financial affairs. No company can be efficiently run if its financial state of affairs is not kept up to date and constantly monitored. We will provide, on a monthly basis, full management accounts for you. We also appreciate that not everyone are accountants, therefore we will produce easy to understand details of the following:
- Balance per unit. Showing you who has paid their service charge, when it was paid and any outstanding balance,
- Details of all orders and/or services received, the amount spent and with whom. This will provide you with the information required to see exactly where your money is being spent,
- Full profit and loss for your financial year, broken down month by month. You will also have details of your budgeted figure for the year in order for you to compare actual spend against your budget,
- The balance sheet, showing an up to date position of the financial state of your management company,
At the end of your financial year we will prepare your accounts to be passed to independent accountants for the production of audited or certified accounts, whichever is appropriate.