Statutory Company Accounts
Your obligations taken care of.
Residents Management Companies (RMC) and Right to manage Companies (RTM) are obligated to file statutory accounts each year to Companies house under current company law. This is the case for all limited companies.
OBMS Ltd offer the facility to file company accounts on your behalf, avoiding the associated stresses and possible fines for late filing. Monies held on Trust by either RMC or RTM on behalf of their residents are likely to be service charge monies only, however this still requires a return annually despite service charge not forming part of a companies statutory accounts.
Acting for you as Company Secretary, we will ensure the correct allocation of shares that form the equity in your own management company. We maintain records with companies house to ensure issues do not arise at point of sale or inclusion in any general meeting.