Car Park Income and Expenditure
Car parks, specifically those attached to shopping centres, generate a significant amount of income, providing the landlord with a regular return.
Our experienced and adaptable team will carry out an agreed scope of work in accordance with the international standard on related services 4400 applicable to agreed-upon procedures.
We review your car park income and expenditure, ensuring accurate figures have been extracted correctly from the accounting records maintained, and will carry out analytical review procedures and perform testing of income and expenditure on a sample basis.
Head Lease Calculations
In accordance with the terms of the Head Lease of a particular property a summary of the Head Lease calculation will need to be provided to the Head Leasor.
Our experienced team will carry out an agreed scope of work in accordance with the international standard on related services 4400 applicable to agreed-upon procedures.
The team will review the Head Lease calculation, making sure that the income figure used in the calculation is both accurate and complete. Our team also check that the permitted deductions used in the calculation are supported by appropriate documentation and are in accordance with the Head Lease agreement.