Accounting

The lease will often set out the way in which service charges are to be accounted for and Acorn undertakes to comply with these provisions.  At the end of each year, we present each service charge payer with an easy to understand statement to indicate all costs incurred for works and services, clearly showing advanced payments made against actual expenditure incurred.

The annual service charge account for each managed building or estate is prepared and certified by a suitably qualified accountant and copies are provided to all those who have contributed towards the services.