The Service charge annual budget is reviewed annually, but rest assured we monitor actual expenditure against these estimates every month. Depending on your management contract we provided Directors with a monthly or quarterly profit and loss report. This is one of our key indicators and makes us different from competitors. We know the financial position of everyone of our developments in realtime. Therefore when utility invoices land on the accountants desk, we know what to expect and if there is a variation this is reviewed and investigated accordingly (which could mean a water leak, faulty lighting sensors etc).