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The missing capital from the sinking fund (don’t know how long it’s been going on, but we know it is at least 4 years) will now have to be replaced with compound interest from the beginning of the breaches. All this has to be done by a special levy on the owners. The SM & the relevant ECs have some explaining to do. Meanwhile, we have notified Fair Trading, almost as soon as we became aware, so will not be overly popular with the neighbours. The 2 week delay in our action was due to having to do some research to get our facts right. I’d love to know how others have dealt with a similar situation, since we are highly unlikely to be alone in this quandary.