Morton Baxter was established in 2010 with the vision of providing lessees with clear, concise and compliant financial reporting to an industry lacking direction. Accounting for Service Charges is a specialist area that requires specific expertise and an underlying understanding that profit isn’t at the heart of the required reporting. Following the introduction of Tech 03/11 (guidance prepared by a joint working group comprising representatives of the ACCA, ICAEW, ARMA & RICS) we refined our business model and procedures to put the following at the heart of everything we do:
By striving to put these at the forefront of the business our clients have benefitted, and our client base has continued to grow. Subsequently we have built a wealth of experience in the sector and our clients range in size from small developments of four units to large mixed-use developments of 250 units with multiple schedules.
Our model hasn’t only benefitted lessees, with many managing agents benefitting from increased trust and confidence between themselves and lessees that can only be achieved with the help of an independent accountant with knowledge and expertise in this specialist sector.