I am chaiman of a residents association ltd UK company.We receive ground rents from our tennant shareholders.We currently have an £11,000 surplus in the bank.Can we use the part of the surplus for additional maintainencewithout seeking tenants approval.Our Mem & Arts do not restict what we can spend on.Derek Morgan
Optional Information: Province/Country relating to question : United Kingdom Already Tried: Asked company secretary.
What is the s.20 major works process
Thats fine. Many thanks Derek Morgan
Yes no problem.
Can you email our correspondence and provide an invoice.
OK. Bye
Experience: JustAnswer