Accounts (1 Viewer)

Ctaffty

New Member
Would anyone be willing to email me the company accounts for all companies?
 

oldskyblue58

CCFC Finance Director
you can download them at company house :)
 

grego_gee

New Member
you can download them at company house :)

It costs £1 a go, and I think the terms of downloading expect them not to be passed on to third parties.
Can we get nick to download them on behalf of SBT and put them on the site for all members?

:pimp:
 

Ctaffty

New Member
I am hoping to create a full report towards my PHD in footy finance, as well as a full action plan I am preparing :)
 

Godiva

Well-Known Member
Are the accounts really that interesting?
I mean, they have been scrutinized over and over and we all know the key figures.
I would think we really need to see the underlying books as the accounts only show sums and and not origins and items.

TF has been critizised for signing off accounts he later label as 'a mess'. I have signed off many accounts in my time and as I am not an accountant I am really not in a position to know other than 'if the overall key figures allign with my expectation, then they are probably correct'.
Fisher says 'the mess' goes way back, and I take it a kind of 'standard' has been established back in 95-96 and that standard has since been followed by various CFO's and auditors.
I may be wrong, but I don't think anybody will find something illegal - just that 'the mess' needs to be untangled to show where the Golden Share should be and to get the club out of admin without further points penalties.
 

Ctaffty

New Member
Are the accounts really that interesting?
I mean, they have been scrutinized over and over and we all know the key figures.
I would think we really need to see the underlying books as the accounts only show sums and and not origins and items.

TF has been critizised for signing off accounts he later label as 'a mess'. I have signed off many accounts in my time and as I am not an accountant I am really not in a position to know other than 'if the overall key figures allign with my expectation, then they are probably correct'.
Fisher says 'the mess' goes way back, and I take it a kind of 'standard' has been established back in 95-96 and that standard has since been followed by various CFO's and auditors.
I may be wrong, but I don't think anybody will find something illegal - just that 'the mess' needs to be untangled to show where the Golden Share should be and to get the club out of admin without further points penalties.

They are important as they can reveal other elements of the company. I believe they don't want to sell because they are using the club as a front for illegal activities that will be uncovered when sold...
 

Godiva

Well-Known Member
They are important as they can reveal other elements of the company. I believe they don't want to sell because they are using the club as a front for illegal activities that will be uncovered when sold...

Wow - the conspiracy theories are moving up a couple of levels!
 
J

Jack Griffin

Guest
That's a very strong accusation.. unethical maybe, but I doubt actually illegal.
 

Ctaffty

New Member
I think it is very possible, they have already been accused of asset stripping. They don't feel there position is tenable as they don't have the money to keep running it, they are gone. They are getting unbelievably desperate...
 

grego_gee

New Member
They are important as they can reveal other elements of the company. I believe they don't want to sell because they are using the club as a front for illegal activities that will be uncovered when sold...

Lol, thats an interesting proposition!
So joy is a drugs duchess now!
Ties in with her not wanting to be photographed!
Good luck! You have failed the phd btw!

:pimp:
 

Ripbuster

New Member
They are important as they can reveal other elements of the company. I believe they don't want to sell because they are using the club as a front for illegal activities that will be uncovered when sold...


Whoa there Sherlock......Although It was reporrted Sisu capital had interest in Nigerian banks,I'm fairly certain it's all above board and our owners are a legally operating group.
though their morals are questionable..
 

torchomatic

Well-Known Member

chiefdave

Well-Known Member
I may be wrong, but I don't think anybody will find something illegal - just that 'the mess' needs to be untangled to show where the Golden Share should be and to get the club out of admin without further points penalties.

A lot of people seem to be missing that point, just because the accounts are a mess doesn't mean that there's been anything illegal or if there has been anything illegal it has been done on Fishers watch. Not sure why people are talking him saying there a mess as being an admission they're up to something dodgy!
 

bigfatronssba

Well-Known Member
A lot of people seem to be missing that point, just because the accounts are a mess doesn't mean that there's been anything illegal or if there has been anything illegal it has been done on Fishers watch. Not sure why people are talking him saying there a mess as being an admission they're up to something dodgy!

Submitting false accounts can indicate illegal activity, after all if the accounts are false how do we know what has been going on?

However I think the accounts are correct and Fisher is just lying at the moment.
 

The Prefect

Active Member
I think it is very possible, they have already been accused of asset stripping. They don't feel there position is tenable as they don't have the money to keep running it, they are gone. They are getting unbelievably desperate...

Indeed they are.

Somehow SISU have to explain haw a Company with nearly £1.9m of fixed assets, £103k in cash and was owed £314k by debtors at the end of May 2011 (accounts signed in June 2012) managed to enter administration with (almost) no confirmed assets at all when the clubs own figures for the following year show a turnover of nearly £10m.

Suggesting this was because the accounts were "a mess.." is nothing short of laughable! An insult to the fans and to the administrator. Directors are obliged to keep proper records and there seems to be an admission that they haven't done so.

This will all end in court - as SISU are ever more desperate to complicate things to promote their 'story' that a Holdings company is actually their trading company.
 

Florence1898

New Member
Are the accounts really that interesting?
I mean, they have been scrutinized over and over and we all know the key figures.
I would think we really need to see the underlying books as the accounts only show sums and and not origins and items.

TF has been critizised for signing off accounts he later label as 'a mess'. I have signed off many accounts in my time and as I am not an accountant I am really not in a position to know other than 'if the overall key figures allign with my expectation, then they are probably correct'.
Fisher says 'the mess' goes way back, and I take it a kind of 'standard' has been established back in 95-96 and that standard has since been followed by various CFO's and auditors.
I may be wrong, but I don't think anybody will find something illegal - just that 'the mess' needs to be untangled to show where the Golden Share should be and to get the club out of admin without further points penalties.
There was nothing illegal with the 1995 Hive Down, it is well documented and was undertaken with great professionalism. The issues are what has happened from 2011 to 2013, that's were the real problems resides, and both CCFCL and their Auditors BDO are going to go through the Mill
 

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