From: "Troy Steadman" 
Newsgroups: uk.finance
Subject: Re: Company structure
Date: 5 Aug 2006 09:33:02 -0700
   posting-account=R7WSowwAAAD53T0SHAPLFrX9g546w2I8

Tim wrote:
> > > "Troy Steadman" wrote
> > > > Management Charges provide a simple and
> > > > effective way of distributing Overhead Expenditure
> > > > tax-efficiently throughout the group, and you can
> > > > do that *after* all the accounts have been finalised.
> > >
> > "Tim" wrote:
> > > How are the Management Charges shown
> > > in the accounts, if the accounts are finalised
> > > *before* the management charges are calculated?
> >
> "Troy Steadman" wrote
> > "Finalising the accounts" takes a long
> > time and involves lots of alterations :0)
>
> OK, so you are saying that the
> Management Charges can be done *after*
> "a long time ... involv[ing] lots of alterations".
>
> Again - *how* are the Management
> Charges shown in the accounts?  ;-)

In the Management Accounts they don't appear at all.
In the Subsidiaries' Financial Statements they appear as Overheads.
In the Group Accounts they don't appear at all.