Net Asset Value (NAV) 
We will calculate the NAV, which is useful for your investors to use. It will be a benchmark for investors to compare the performance of one fund to another in the fund industry. Fund accounting service is different to corporate service due to the natural complexity of work.

It requires accountants to report to investors regarding cash inflows and outflows regularly, calculate a portfolio of financial investments typically measured at fair value, and calculate NAV frequently on a daily, weekly, monthly or quarterly basis.

Working with the Central Bank and prepare the financial statements to investors. 
If you are doing business in the UK, you need to be aware of the regulation and compliance with requirements from the local authority. It is essential for your investors to see the financial statement to make decisions. We can help you produce financial statements on time and correctly and help you comply with the local authorities.

Working with auditors.
We work with independent auditors to ensure the financial statements' fairness. It is necessary for fund managers to have an auditing report if your business meets the threshold for auditing requirements HMRC. We will coordinate the audit process with the auditors. In addition, we help you to provide prepare the portfolio performance statements for fund managers to tailor investors’ requirements. These statements are comprehensive, with strategic overviews, with recommendations to maintain or improve quality.

Calculating management fees and incentive fees
There are two main kinds of fees for fund managers to receive: management fees and incentive fees. The management fee is fixed, and the incentive or performance fee is a percentage of the fund’s profits. We assist you in calculating and processing these fees for fund managers. In addition, we offer the service to calculate the interest based on the contract two parties have signed. We calculate and process carried interest if the fund performs well and claw back if it does not go well. Each investor needs to be assessed separately, and we can help to calculate the performance fee equalization and remove the problem of one investor being penalized for taking advantage of another.
We also calculate the distribution waterfall in which capital is assigned to the fund investor outlined in the Private Placement Memorandum (PPM). We will calculate the portion each investor will receive in accordance with his initial investment. It is also essential to process drawdowns and distributions, we can proceed to the account reconciliation, ensuring that accounts are complete, consistent, and accurate before the profit distributions.
Fund managers need to have reliable and good accountants and advisors with knowledge, insight and proactive advice at this uncertain time, we will offer good accounting services to your fund investment. In addition, we use cloud-based software Xero and relevant fund management software that help you to see your financial records and data anywhere and anytime. As an advisor listed on the Xero website, we know how to do the work and manage your financial affairs and submit tax returns to HMRC and statutory accounts to Companies House, you just focus on running your fund activities and businesses.

We will save you time and money, and keep peace of mind. The first meeting is free. Our services are diverse, we will discuss your accounting and advisory concerns surrounding your fund investment. Please email us at info@circlecloudconsultancy.com or call 02038270470 to chat and discuss with us.