© Woodland Grove (Market Rasen) Management Company Limited. All Rights Reserved
New documents are now available for download - January 2022
The maintenance charge period has been set to start at the beginning of March each year so that it becomes due at a time when Council tax does not have to be paid. The directors have been advised against offering monthly payment terms as it often results in chasing small amounts of arrears and will involve a considerable increase in administrative work. As monthly payment terms are not offered, in order to help with personal finances, a payment period of 30 days has been set.
A complete breakdown of the 2022/3 budget can be found in the 2021 Management Accounts and 2022 Management Budget located in the ‘Downloads’ section of this Website.
The charge for 2022/3 has been set at £150 for the third year running, down almost 50% on that originally set by Chamonix in 2012. The reserve shown in the budget will be used as part of a five year maintenance plan to enable the annual charge to remain at under £200 providing no major unforeseen cost is encountered.
In order to keep costs to a minimum, the directors have undertaken to carry out a great deal of the general maintenance work and deal with estate administration themselves on a voluntary basis, backed by legal and accountancy professionals where necessary.
2021 Management Accounts & 2022 Management Budget - Download here
The Company’s statutory accounts are available upon request.
.