Non AMP
Sky Blues Talk
  • Home
  • Forums
  • Coventry City Football Club
  • Coventry City General Chat
This is a mobile optimized page that loads fast, if you want to load the real page, click this text.

SBS&L accounts 2016 (1 Viewer)

  • Thread starter oldskyblue58
  • Start date Mar 2, 2017
Forums New posts
Prev
  • 1
  • …
  • 4
  • 5
  • 6
First Prev 6 of 6
O

oldfiver

Well-Known Member
  • Mar 5, 2017
  • #176
dongonzalos said:
My point was you can be paying interest whilst increasing your own debt.
People were saying we were not paying it because if we were it wouldn't be debt.
However you can pay interest to ARVO by increasing the debt for CCFC.
However Rusty has since pointed out that we have only actually paid 75k in interest that year.
Click to expand...

Note 6 of he SBSL Accounts refers to Witholding Tax due on interest payable. One reason for "accruing" and not adding to the Loan Account is the latter would be deemed to be a payment. I assume that would trigger the £837k tax liability.
At least £50k interest relates to the Revolving Loan Facility at the bottom of note 15
 
W

wingy

Well-Known Member
  • Mar 5, 2017
  • #177
Don't know if it's been covered or not.
But,have we had a reduction over the last two seasons in SCMP, while achieving increased revenues?
 
Prev
  • 1
  • …
  • 4
  • 5
  • 6
First Prev 6 of 6
You must log in or register to reply here.

Users who are viewing this thread

Total: 2 (members: 0, guests: 2)
Share:
Facebook Twitter Reddit Pinterest Tumblr WhatsApp Email
  • Home
  • Forums
  • Coventry City Football Club
  • Coventry City General Chat
  • Default Style
  • Contact us
  • Terms and rules
  • Privacy policy
  • Help
  • Home
Community platform by XenForo® © 2010-2021 XenForo Ltd.
Menu
Log in

Register

  • Home
  • Forums
    • New posts
    • Search forums
  • What's new
    • New posts
    • Latest activity
  • Members
    • Current visitors
  • Donate to the Season Ticket Fund
X

Privacy & Transparency

We use cookies and similar technologies for the following purposes:

  • Personalized ads and content
  • Content measurement and audience insights

Do you accept cookies and these technologies?

X

Privacy & Transparency

We use cookies and similar technologies for the following purposes:

  • Personalized ads and content
  • Content measurement and audience insights

Do you accept cookies and these technologies?