Service Charge Accounts

Ward Williams have a team that specialises in the needs of property management companies and service charge accounting requirements. We have extensive knowledge of this area, including ICAEW TECH 03/11 which sets out the requirements for Residential service charge accounts and the requirements where variable service charges are paid in accordance with a lease or tenancy agreement.

This knowledge together with over 20 years combined experience enables Ward Williams to offer the following services:

• Preparation of annual service charge accounts in accordance with the requirements of ICAEW TECH 03/11;
• Annual audit report or report of factual findings, depending on the requirements set out by the lease or tenancy agreement;
• Assistance with regards internal controls and recording of service charge monies;
• General accounting advice from both a service charge accounts, and property management company, point of view;
• Trust tax return services with regards interest on client money.

For more information please get in touch on enquiries@wardwilliams.co.uk

---

Useful links*: ICAEW TECH 03/11