- Registered Office address
- Client Bank Account (protected funds)
- Preparation of Expenditure Budgets
- Control of Expenditure Payments
- Collection of Service Charges
- Recruitment of new Directors and file appointments/terminations with Companies House
- Buildings insurance
- Liability Insurances
- Assistance with Insurance Claims
- Membership Certificates
- Occasional Memos to Members
- General Building/Estate Information
- Pre-sale or transfer enquiries answered
- Preparation of Annual Accounts and
distribution to Members with Commentary - Filing Confirmation Statements and Accounts (Companies House)
- Review of energy contracts
- Monitor individual accounts
The Pros:
- Administration functions all under control
- Named Account Manager
- No disruption if the ‘responsible person’ moves away
- Neighbours not collecting funds from each other
- No one person need provide the registered office address
- Director(s) not required to sign up for the bank account
- Online access to:
‘Members Area’
Building and/or Estate Information
Factsheets
Links to Useful Information
What does this leave for you to do?
- Appoint at least one Director from amongst the Members
- Approve the Accounts and the Forecast
- Monitor services provided
- Report unsatisfactory service / faults
- Engage the contractors you may need or ask for our assistance
or choose from our list of recommended tradesmen and professionals - Liaise with AA when necessary