Accounting Services Ltd was formed in 1985, initially as a Chartered Accountancy practice with clients prominently in the property sector. The company purchased its first residential property – a run down Victorian house in 1993. The house was extensively refurbished before being let to tenants. Since then, Accounting Services Ltd has expanded its residential property portfolio and this now consists mainly of apartments and one or two bedroom houses. Accounting Services Ltd’s policy is to maintain its properties to a high standard as this attracts respectful tenants who treat the rental properties as if they were their own homes.
As many of our properties are leasehold the benefits of having an efficient, professionally managed and maintained site with reasonable services charges is very clear to us. It helps to reduce voids between lets due to a high level of desirability to potential renters and protects and increase property values to the benefit of owners.
Since 2003 we have been invited to act as block managing agents for many sites in and around Swindon. All of these roles were taken on following recommendations from existing leaseholders or people that we have had the pleasure of working with.
We work within the framework of the CIMA and IRPM Code of Ethics.
The CIMA code requires accountants to comply with the principles of integrity, objectivity, professional competence and due care, confidentiality and professional behaviour. The duty of a professional accountant is not exclusively to satisfy the needs of an individual client or employer. In complying with the ethical requirements of the CIMA Code of Ethics the professional accountant is obliged to act primarily within the public interest.
The IRPM code recognises that those involved in the management of residential property have both legal and ethical obligations. The legal responsibilities are governed by the rules established in legislation and the rights and liabilities arising out of relationships with individuals are set out in civil law.
Tenants deposits and client monies
Tenants deposits and client monies are held by the company in a separate designated clients’ account separate from company funds and where applicable held either under the Deposit Protection Service scheme rules or those of My|Deposits.co.uk
All of Accounting Services Ltd tenants are provided with a Information Pack when they move into their homes This provides further information about us and the home. It includes instruction manuals, gas safety reports, electrical safety certificates, energy performance certificates and other useful information.
The company is a signatory to the government Better Payment Campaign.