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Georgian crescent houses in Bath
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"Peter began adding value to my company within minutes of our first meeting and has since been a trusted advisor providing timely and cost effective counsel…

Stephen H, Director
Stretch Sonata Ltd

"As soon as Peter took on my accounts from my previous accountants, rebates were found, and savings were made. Previous years’ accounts were reviewed for both…

Simon F, Director
Red Sea Management Limited

Flat Management Companies generally exist where a single property is split into a number of separately owned flats.

The owners of the flats are the shareholders of the Flat Management Company, and the Flat Management Company will own the freehold of the property, and manages any costs that relate to the building. Each flat owner will pay a monthly fee to cover these costs.

We can handle all the HMRC and UK Companies Law reporting and compliance aspects of running a Flat Management Company for you, giving you peace of mind that these things are being done correctly and on time. This package includes the following services:

Write up the accounting records of the Company from the bank statements insofar as they are incomplete and prepare a full profit and loss and balance sheet;
Prepare annual Statutory Financial Statements in accordance with all relevant legislation;
Submit these accounts to Companies House;
Review the Company’s Corporation Tax position and report to you if the Company does not meet the HMRC dormancy criteria for Flat Management Companies;
Complete and submit the company’s annual Confirmation Statement; and
Complete and submit any other forms required by law to be filed at Companies House (you will keep me informed of any relevant changes or events which are required to be notified to Companies House, within in one week of the change or event).

We also offer Company secretarial support to you, for example we can provide new share certificates when the ownership of the flats change. We charge for this service as and when you need it.

If this sounds like what you need and you would like to discuss your needs further with us, then we are happy to meet with you at no cost or obligation to yourself.

Get in Touch

Contact us for a free initial meeting to discuss your specific accounting and tax requirements.

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