Service Charge Account Specialists
At Qube Accountants, we understand that estate/block management can be tough. We take the pain away from completing Service Charge Accounts, reducing the burden of compliance, so you can focus on what you do best - property management.
Do you struggle with:
Late Service Charge Accounts
Presenting useful additional schedules
Getting hold of your accountant
The quality of the financial information presented
Let Us Help
We are a firm of Chartered Accountants who are passionate about the property industry. We work closely with managing agents and property owners to make sure the financial aspects of property management are compliant with rules and regulations.
Accurate & Efficient
We get it – accounts and tax returns are a painful part of property management
"Knowing what I know now about how efficient theyare and how easy they have made my accounts to manage I would sign up 10 times over. Everything they promised has come to fruition. It just feels like I have their constant support"."
- Oliver Kightely
"Their attention to detail, ability to explain complex issues in a simple way and their energy and focus is outstanding"
- Alison Hodges
Who we work with
Established Managing Agents
With a large property portfolio, you have systems and processes in place and everything runs like a well-oiled machine. You need an accountant who can deliver a consistently excellent service to complement what you do.
Growing Property Managers
You are new to residential block and estate management. You are passionate about delivering an amazing service and you need an accountant on your side, someone to bounce questions off of.
You manage the property yourself and understand that under Section 21 of the Landlord and Tenant Act you need to get an Accountants review, but it would be great if they did more than just tick a box. You need an accountant who can advise and support the work you do.
What We Do
Service Charge Accounts
In line with best practice guidance we prepare/review and certify service charge accounts, including any additional required schedules and notes.
Company Accounts and Corporation Tax Returns
Statutory accounts and corporation tax returns for Property Management Companies/RTMs.
We ensure all the necessary documentation is filed correctly at Companies House so you can focus on property management.
Support & Advice
We can support you by;
- Attending AGMs and meetings with landlords/tenants.
- Conducting handover reviews on change in managing agents
- Tax planning for non-service charge income
The RICS Service Charge Residential Management Code (the Code) sets out best practice for property managers, who may be;
- the landlord
- a managing agent
- a residents’ management company
- right to manage company
The rules of the following bodies require that the Code be adhered to;
- The Association of Residential Managing Agents (ARMA)
- The Royal Institution of Chartered Surveyors (RICS)
The key aspects of the Code are as follows;
All lessees paying variable service charges should receive an annual service charge statement from their landlord or residents’ management company (RMC) (including right to manage companies (RTMCo)) within six months of the end of the accounting year
All annual statements of account should be subject to an examination by an independent accountant
We take the pain of compliance away, so you can focus on what you do best - property management.
At Qube Accountants we know you are the kind of people who want to be world class property managers. In order to be that way you need to WOW your clients at every interaction. The problem is that the financial information sent to clients or presented at AGMs is of a poor quality which makes you feel frustrated. We believe good quality financial information should be a given and not just a nice to have. We understand that you are passionate about providing a top class service and that's why we have focussed on providing a service that compliments this.
How It Works
Get in touch
Book a call with us where we can discuss what services you are looking for and to see if we're a good fit to work with you.
Get a package of services
We will put a package of services together for each of the properties you would like us to support you with, taking the burden of compliance away from you.
Focus on what you do best
Our goal is to support you in providing excellent property management services to your clients.