We are pleased to announce that Knight Accountants continue to support local projects by sponsoring the Rugby teams of two local primary schools.

Director Kellie Knight said “We noticed these rugby kits reduced with Macron Store Hastings and at our staff meeting we decided to purchase the tops and asked Clare from Hastings Sport CIC who set about finding schools that would be interested in having a brand new kit for their school rugby teams. We were delighted that the first two schools asked really welcomed the offer”

The kits will be worn by local children who have a number of inter school tournaments coming up.

For further details of Knight Accountants services contact 01424 425113 or kellie@knightaccountants.co.uk

bolsover-street

As 2016 draws to a close Knight Accountants Service Charge Division continues to grow at a rapid pace. The value of the properties we financially report on now exceeds £3 billion and there no signs of this growth slowing up.

We have seen the department grow rapidly throughout the year with agents switching to us from London, Bristol and Manchester to name a few. There is a steady increase in self-managed blocks and we have benefitted from Managing Agents reviewing the service they are currently provided. Based on the many conversations we have had with Managing Agents, Freeholders and Leaseholders we have identified the three main reasons below why firms are switching to Knight Accountants.

Compliance

We have seen many changes in the property management industry in the last decade and it is essential that we keep on top of guidance and legislation as many of our clients are ARMA and/or RICS regulated. Our client mix is around 50% service charge so we have to keep on top of latest legislation and the team regularly attend IRPM and ARMA courses with a focus on service charge accounting. Bespoke internal training days are also arranged from accounting to interpretation leases. The block management industry has become a legal minefield and the financial element is a pivotal factor when it comes to recovering service charges.

Timescales

One of the most common reasons for firms to change to us is the turnaround times that accounts are processed. In a fast moving industry, landlords questionnaires arrive daily, balancing adjustments need accounting for and applied ensuring the necessary cash flow for the block. Our aim is to complete accounts within 2-4 weeks and will give plenty of notice if we feel we cannot fall within this timescale. Why do we want accounts sitting around the office? If our lead times increase it is time to grow the Knight Accountants family.

Family run business

More and more people are looking at appointing smaller firms for that personal service in our experience. During uncertain times that we are currently in people are looking for value for money and seem to prefer supporting families rather than investors and shareholders. At Knight Accountants we look after all of our clients irrespective of size. Our primary objective is to help people manage their businesses and homes and this is reflected in our responsive day-to-day service. In 2016 Knight Accountants has invested a substantial percentage of profits to local community projects which clients give us really good feedback about.

To benefit from Knight Accountants specialist department feel free to contact Graham Knight for an informal chat on 01424 869169 or graham@knightaccountants.co.uk

Alternatively you can visit http://knightaccountants.co.uk/service-charge/

Knight Accountants specialist Service Charge Accounts division continues to gather pace as more Managing Agents continue to switch their portfolios to our services.

We have seen rapid rise this year which has seen our service charge division grow 30% in just 5 months. One of the key factors of the growth is the upgrade in IT systems whereby clients can upload all accounting files to a secure area of our server together with our specialist knowledge of block management software across various providers.

The division is headed up by Partner Graham Knight who has over 10 years direct industry experience having previously worked for two ARMA members before forming Knight Accountants in 2006.

Graham said “We have done a great deal of Marketing within the sector as well as the recent launch of Knight Block Accounts. We are also benefitting from blocks passing from different managing agents and the new agent is seeing how we work with regards to transfer of data, complying with legislation and our timescales which are extremely important to agents. We work closely with Managing agents and I can honestly say that each and every agent has a tailored service that suits their exact requirements”.

To see how Knight Accountants can help your Managing Agent contact 01424 869169