Leasehold Company Accounts in North Wales

Managing residential blocks or Right to Manage (RTM) schemes brings a unique set of financial responsibilities. At Sharon Smith Properties Ltd, we specialise in leasehold company accounts in North Wales, offering thorough support for resident management companies.

Our experienced team ensures all your accounting obligations, including Companies House filing and annual accounts, are handled with the precision needed for true peace of mind.

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  What's Included in Our Accounts & Companies House Filing

Annual Accounts Preparation

Annual accounts are essential for every leasehold company or property management in North Wales. We prepare your financial statements in compliance with current legislation and the RICS Service Charge Residential Management Code. Sharon Smith Properties Ltd makes sure your records are complete, clear and meet statutory requirements, so directors and residents can always feel confident about the financial position of their block.

Budgeting Support

Holding the right budget is fundamental for effective property management. We help RTM companies and clients in North Wales set realistic service charge budgets, carefully managing anticipated income and expenditure each year. Our informed advice means you can plan for maintenance, improvements and changing costs without unwelcome surprises. Sharon Smith Properties Ltd provides guidance every step of the way, from creating draft estimates to assisting with general meeting presentations.

Companies House Filing and Deadlines

Missing a Companies House deadline can have serious consequences, including financial penalties or even the striking off of your company. We offer specialist Companies House filing for RTM and resident management companies in North Wales, ensuring annual returns and confirmation statements are submitted on time. Sharon Smith Properties Ltd looks after director appointments, address changes and company secretarial services, keeping your leasehold company compliant all year round.

Financial Records Keeping

Accurate records are the foundation of efficient block management financial services. We keep careful records of your financial activity, including service charge accounts preparation, incoming payments, and outgoing expenses. Sharon Smith Properties Ltd delivers detailed, well-organised reports, so owners and directors can make informed decisions about the future of their property and meet all legal obligations.

 

 

 

 

Why Choose Sharon Smith Properties Ltd?

Accredited & Experienced Team: Our team at Sharon Smith Properties Ltd brings a wealth of experience and holds accreditations from ARLA, APIP, and NAEA. This ensures that every aspect of our work is guided by industry-leading standards, giving our clients confidence in our expertise and professionalism.

RICS Code Compliance: We operate strictly within the guidelines of the RICS Service Charge Residential Management Code. This commitment guarantees that your leasehold company accounts and block management finances are managed transparently, fairly, and in full compliance with current legislation.

Robust Protection & Assurance: All client money is safeguarded under a Client Money Protection scheme, and we maintain professional indemnity insurance. You can be reassured that your financial interests are always protected, with access to an ombudsman scheme for unbiased redress if ever needed.

Personalised RTM Administrative Assistance: We offer full RTM administrative assistance, supporting resident management companies through every step of their accounting and Companies House filing obligations. Our approachable team is always ready to provide informed advice and responsive support tailored to your property's needs.

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Frequently Asked Questions

Do we need to file annual accounts as an RTM company?

Yes, Right to Manage (RTM) companies must prepare and file annual accounts to comply with Companies House regulations. We ensure all filings are completed accurately and on time.

What financial reports do you provide to leaseholders?

We prepare detailed service charge accounts, financial statements, and provide regular updates on income and expenditure for all leaseholders and directors.

Can you prepare accounts for small resident management companies?

Yes, we offer annual accounts preparation and budgeting support for both small and large resident management companies, tailored to their specific property management needs.

What happens if Companies House deadlines are missed?

Missing Companies House filing deadlines can lead to penalties and legal issues. We monitor all deadlines and ensure your RTM company remains fully compliant.

Do you use independent accountants?

All accounts are prepared following the RICS Service Charge Residential Management Code. We also work with independent accountants where necessary to guarantee accuracy.

What other block management financial services do you offer?

Besides leasehold company accounts, we offer budgeting support, financial records keeping, Companies House filing, and RTM administrative assistance.

 

 

 

 

 

Ready for Stress-Free Company Accounts?

f you want expert support with property management company finances, service charge accounts preparation, or Companies House filing in North Wales, get in touch with Sharon Smith Properties Ltd today. Email us or call us on 07525 748117. Let us take care of your leasehold company accounts so you can focus on your property.

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Sharon Smith Properties Ltd is registered as a limited company in England and Wales under company number 09732371.