Property Development Accountant

Stay with the project, and we'll take the accounts from here

The accounts should not be another job on top of the build. We look after the books, the tax and the returns for property developers, including developers in Swansea and across South Wales, and we explain them in plain language so you can see where a project actually stands.

Tell Rhys about the business, and he will come back with a clear next step.

Who this is for

For developers who are on the project, not stuck in the books

This is for people running developments, where the money goes into a site long before it comes back out, and the accounts are the part that slips. You need someone who understands that a project has a life of its own, and who will take the numbers on without turning every conversation into jargon.

The owner

Developers running one site, or a handful of them, without a finance team watching the costs as they land.

The industry

Money tied up in land, build costs and finance. A normal set of books can make a half-finished project look healthier, or worse, than it is.

How we work with them

You stay with the project. We take the books, the tax and the returns, and we talk them through so you can see what has been spent and what it means before you commit to the next stage.

The problem

The books fall behind the build

Development accounts throw up problems a normal trading business does not. Costs land across months, money stays tied up until a site completes, and it is easy to lose sight of what a project has really made while the bank balance is still moving.

  • Build costs, finance and the eventual sale sit months apart, so the profit is hard to see while the work is still going on.
  • Spending on one site gets mixed with another, and it stops being clear which project the money belonged to.
  • The bank balance moves with draws and invoices, which can hide whether the development itself is on track.

Why RNE

Someone who will take the weight of the accounts

The books, the tax and the returns get looked after while the site is moving, and they get explained in plain language rather than being left until a project finishes. The fee is talked through before any work starts, so you know what you are agreeing to.

  • The accounts come off your desk, rather than landing in the evening after a day on site.
  • The fee is talked through before you commit, so there is no surprise once the work is underway.
  • You know who is looking after the work, because you speak to Rhys rather than being passed around a team.

Worth knowing

What usually comes up before you decide to start

  • The worry

    You still speak to the person doing the work

    A development does not pause so you can be passed between people who have not followed the project. You speak to Rhys here, he explains what he is going to look after before anything starts, and you can see what you are paying for, so you are not left wondering who is actually holding the numbers.

    Coffee Cup

  • The fees

    The fee is talked through before you start

    There is no public price list, because the fee follows the work and a development is rarely a standard package. Rhys talks through what you need and what that costs before you agree to anything, so the first conversation covers the number rather than leaving it until an invoice turns up.

    Coffee Cup

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FAQs

Questions about development accounts

These are the questions developers usually ask once a project is moving and the accounts have fallen behind the spend. If yours is not here, that is what the first conversation is for.

  • Do you handle the records as well as the year end?

    We look after the books through the year and the accounts at the end of it, so you are not starting from a pile of paperwork when the return is due. Tax sits with that work, rather than turning into a separate job later on.

  • Can you explain the numbers without the jargon?

    Yes. The point of the work is that you can follow it. Rhys talks through what the figures mean in plain language, so you can see how the business is actually doing.

  • What do you need from me to get started?

    Tell Rhys what you are building, how the project is funded, and where the numbers feel messy. He will tell you what he needs from there, rather than sending a long list before he understands the site.

  • How do fees work?

    The fee follows the work, so there is no public price list. It is talked through before you commit, and you hear the number before anything starts.
Rhys Evans

A note from Rhys

If the project is moving and the accounts are the part that keeps slipping, that is the bit I can take off you. Tell me what you are building and where the numbers feel messy, and I will come back with a clear next step rather than a pile of jargon.

Rhys Evans, Director, RNE Accounting

From the first call to a clear next step

01

Tell Rhys about the business

What you do, where the numbers feel messy, and what you want off your desk.

02

He looks at what you need

Books, tax, payroll, or a mix of the three, depending on how the business actually runs.

03

You agree the next step

The fee is talked through before you commit, so you know what happens next before any work starts.

portrait of Rhys Evans owner of RNE Accounting

Message Rhys About Your Accounts

Tell us about your business and accounting needs. Rhys will come back to you to arrange next steps.

Message Rhys