Please call +44 (0) 2031 438 638 for a no obligation discussion or email enquiry@s38c.co.uk
Property
Whether you occupy freehold or leasehold properties, you will no doubt want to ensure that you pay no more than you are contracted or obliged to pay and our property service delves deeper than the standard recovery audit process as expert property team will examine all aspects of occupational property costs;
Verify correct billings from the Authorities
Payments and over-payments
Review leases
Verify correct rents and check service charge reconciliation
Disposals
Sub-tenant Income
Change of use
Via the Accounts Payable system we will review and detect errors within the following;
Duplicate payments of all expenses from rent, service charges, insurance, repairs, etc.
Correcting misrouted or other erroneous payments
Correcting VAT treatment
Ensuring reclaims of credits due
Acquisitions and disposals review;
Acquisitions; examination of any incentives including but not limited to capital contributions, rent free and rent abatement periods. Completion statements and invoice apportionment and VAT treatment.
Disposals; examination of all associated property costs, invoice apportionments and associated utilities billings.
Service Charges - historical review;
Apportionment methodology - floor area (specified or how measured) or fixed percentage basis and flexibility or reasonableness
Failure to apply caps
Management fees - reasonable or fixed
Review of budget v actual costs and account reconciliation
Review of major capital sinking fund treatment
Pre-contract enquiry analysis v actual costs
Recent clients state;
"we thought our ledgers were clean but need a major re-think after S38 found thousands of pounds we would have otherwise lost"
"we only knew S38 were working with us when the money arrived back in our accounts. They were totally self sufficient and professional"
"they gave us far more money than we paid them"
"I only wish we had contracted S38 years ago but we thought that our finance system provided adequate controls against duplicate payments"
Click on the links above or email us on enquiry@s38c.co.uk for further details.
Download a full brochure here.
S38 Consulting Ltd……an innovation in revenue protection