Management Companies

Management companies exist to provide a formal vehicle for lessees to share in the responsibility to control, supervise and maintain the property.

As with all companies registered at Companies House, there are a number of annual compliance tasks that must be fulfilled.

Statutory accounts

We have a dedicated compliance accounting team to prepare management company statutory accounts fully in compliance with the Companies Act and current accounting standards.

The compliance accounting team is fully co-ordinated with our service charge teams to enable a seamless handover of the required information ensuring timely filing of accounts at Companies House.

Statutory accounts.

Company Secretarial

We offer all services required to maintain the company’s statutory books on behalf of the appointed company secretary. This includes:

  • Maintaining the company’s statutory books on our automated secretarial system compliant with Companies House electronic filing
  • Processing member and shareholder transfers including issuing share certificates or members’ certificates (normally when there is a change of lessee)
  • Completion and filing of statutory forms e.g. directors’ appointments/resignations, change of registered office
  • Preparation of the confirmation statement and filing at Companies House
  • Provision of a registered office for the company (if required)
Company Secretarial.

Corporation Tax

Our services include the preparation of corporation tax returns for management companies and responsibility for compliance and correspondence with HM Revenue & Customs (HMRC).

Where a management company has its own income other than service charge (e.g. ground rent) there is an obligation for the company to file a corporation tax return each year. In our experience many management companies file corporation tax returns where there is no need to do so. In this situation we endeavour to obtain agreement with HMRC for the company to be registered as dormant, hence negating the need for future returns.

Corporation Tax.