Statements of account

	Day-to-day service charge transactions (0000S/001)
	Reserve fund transactions (0000F/001)
	See what is budgeted for this year & how your budget is made up

A statement of account will show services charges demanded and payments you have made against the amount due.

A statement of account will show amounts demanded against "day to day" service charges and the "reserve fund" element towards future cyclical works. The demand due date will be listed for each item in the service charge ledger for your property and the statement works as a running balance and if you are not in arrears the "number" on the bottom line of the right hand column will equal ZERO, else if a positive number is showing here this will be the amount due.

How service charges are demanded is set out in your lease and you can view the service charge clause of your lease on the following link service charges

Looking after for you money - 5 key benefits

1. Your money is held in a unique bank account just for your site
2. All Client service charge bank accounts are interest bearing
3. "Reserve fund" collections are ring fenced so they don't get spent on day to day items
4. All Client monies are protected by the Royal Institution of Chartered Surveyors (RICS) "Clients Money Protection Scheme"
5. Service charges are held in "Trust" for the benefit of the site not the individual

If you are selling

You cannot get a refund of service charges, any apportionment between the due date and the date of sale is a matter for the conveyancing solicitors to resolve