Reeve Oversight · Bank check
The independent truth
Where the trust account is in the RTM company's name, Reeve connects it read-only and checks what the agent reported against what actually moved. This is the accountability that directors never normally get.
1 line don’t match what Crowngate Property Management reported
Reeve found a discrepancy between the agent’s statement and the bank. Query it before you sign anything off.
Hartley House RTM Co Ltd — Service Charge Trust Account
Lloyds · read-only Open Banking · as at 9 Jun 2026
| Item | Agent reported | Bank actual | Variance |
|---|---|---|---|
| Service charge collected (H1) | £32,400.00 | £32,400.00 | |
| Buildings insurance paid | £20,500.00 | £20,500.00 | |
| Reserve transfer | £6,000.00 | £6,000.00 | |
| Repairs — Q2 contractor | £980.00 | £1,400.00 | +£420.00 |
| Cleaning contractor | £4,725.00 | £4,725.00 |
Funds are held in your block’s own trust account — Reeve never holds your money.
Note: a per-block bank feed needs the service-charge account to be ring-fenced in the RTM company’s name. Where an agent pools client money, insist on a dedicated account — it’s your right as the client.