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update on odds and ends off the pitch (1 Viewer)

  • Thread starter oldskyblue58
  • Start date Jun 9, 2015
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crowsnest

Well-Known Member
  • Jun 12, 2015
  • #141
skybluetony176 said:
So we've never had a transfer embargo before for posting anything late?Why do we need a comparison? A comparison would be another football club anyway, so that wasn't a comparison it was a quite deliberate deflection.
Click to expand...

Perhaps people were comparing them because they are local businesses that they know about.

Swindon Town were 2 month late filing the accounts - no transfer embargo
 

skybluetony176

Well-Known Member
  • Jun 12, 2015
  • #142
crowsnest said:
Perhaps people were comparing them because they are local businesses that they know about.

Swindon Town were 2 month late filing the accounts - no transfer embargo
Click to expand...

Perhaps they weren't.

Swindon Town is however a comparison, if a comparison is needed.
 

Astute

Well-Known Member
  • Jun 12, 2015
  • #143
skybluetony176 said:
Perhaps they weren't.

Swindon Town is however a comparison, if a comparison is needed.
Click to expand...

A poor one though as they got an embargo for spending too much money
 

skybluetony176

Well-Known Member
  • Jun 12, 2015
  • #144
Astute said:
A poor one though as they got an embargo for spending too much money
Click to expand...

No chance of that happening with us
 
O

oldfiver

Well-Known Member
  • Jun 12, 2015
  • #145
skybluetony176 said:
It amaze's me that when someone discusses something on a CCFC forum that concerns the club and could possibly effect the day to day running of the club some poster's feel the need to deflect the issue onto ACL, Higgs etc.

So the ( alleged )failure to comply with statutory requirements by two of the main organisations that directly affected CCFC is not a matter that concerned you?
Click to expand...
 

skybluetony176

Well-Known Member
  • Jun 12, 2015
  • #146
oldfiver said:
skybluetony176 said:
It amaze's me that when someone discusses something on a CCFC forum that concerns the club and could possibly effect the day to day running of the club some poster's feel the need to deflect the issue onto ACL, Higgs etc.

So the ( alleged )failure to comply with statutory requirements by two of the main organisations that directly affected CCFC is not a matter that concerned you?
Click to expand...

How does it directly effect us? Do we get a transfer embargo because our landlords don't have their books up to date and posted on time? Maybe we get fined? I'm struggling to see the implication here.
Click to expand...
 
C

crowsnest

Well-Known Member
  • Jun 12, 2015
  • #147
Astute said:
A poor one though as they got an embargo for spending too much money
Click to expand...

Did you just google Swindon town embargo? That refers to 2012.

I am talking about 2015 - accounts due Feb not posted until April.
During this time they signed Ricketts, a player Tony Mowbray was trying to sign.
 

Terry Gibson's perm

Well-Known Member
  • Jun 12, 2015
  • #148
crowsnest said:
Did you just google Swindon town embargo? That refers to 2012.

I am talking about 2015 - accounts due Feb not posted until April.
During this time they signed Ricketts, a player Tony Mowbray was trying to sign.
Click to expand...


Ah the football league and its flexible rules
 

oldskyblue58

CCFC Finance Director
  • Jun 12, 2015
  • #149
The main detail in the OP was actually about the Administrators/Liquidators fees but .....

I do not see that Annual returns for entities on the Companies House register should ever be late. There can be problems filing accounts on time but these are very much exceptional items and there can be good reasons. I do not condone it for any entity however

Filing records late - this is what seems to be the facts during the last 10 years for the main companies involved. - source Companies House & Charities Commission

CCFC Ltd - Accounts 2010, 2011 & 2006 Annual return 2010 (due to liquidation never filed accounts 2012 onwards )

CCFC H Ltd - Accounts 2011,2010 & 2006 Annual returns 2006,2007,2008,2009 & 2010 (due to liquidation never filed accounts 2012 onwards )

SBS&L Ltd - Accounts 2010,2011, & 2012 (formed 31/10/2007)

Otium Ent Grp Ltd - Accounts 2012 (Co Hse move to strike off listed and had to be cancelled) Annual Returns 2013 & 2015 (company formed April 2011) (the 2015 return was received electronically date marked 04/06/2015 - ie late)

ACL - Annual returns 2007, 2008, 2009, 2014

Filing of accounts late at Companies House incur penalties and leave directors at risk of prosecution. Filing Annual returns late can have consequences too (see post above)

AEHC for same 10 years filed 2012 & 2013 accounts late. I would guess that the various disputes and court actions caused the Trustees & auditors some serious concerns, which created difficulties in filing on time but that is nothing more than a guess (that could be argued about CCFC, CCFCH, SBS&L etc accounts but it seems ACL could file their accounts on time)The Charities Commission in the past has been more forgiving than Companies House - that is changing

Charity accounts should be filed 10 months after the year end. The Charity commission has no power to impose penalties but can strike a charity off after 6 months late. If late in 2 out of 5 years means a statutory inquiry. Action, if any, would depend on how well the charity has kept the Charities Commission informed. The annual return can only be filed once the last accounts have been

Draw your own conclusions. Like I said the OP was not put up to focus on this issue.
 
Last edited: Jun 12, 2015

Terry Gibson's perm

Well-Known Member
  • Jun 12, 2015
  • #150
oldskyblue58 said:
The main detail in the OP was actually about the Administrators/Liquidators fees but .....

I do not see that Annual returns for entities on the Companies House register should ever be late. There can be problems filing accounts on time but these are very much exceptional items and there can be good reasons. I do not condone it for any entity however

Filing records late - this is what seems to be the facts during the last 10 years for the main companies involved. - source Companies House & Charities Commission

CCFC Ltd - Accounts 2010, 2011 & 2006 Annual return 2010 (due to liquidation never filed accounts 2012 onwards )

CCFC H Ltd - Accounts 2011,2010 & 2006 Annual returns 2006,2007,2008,2009 & 2010 (due to liquidation never filed accounts 2012 onwards )

SBS&L Ltd - Accounts 2010,2011, & 2012 (formed 31/10/2007)

Otium Ent Grp Ltd - Accounts 2012 (Co Hse move to strike off listed and had to be cancelled) Annual Returns 2013 & 2015 (company formed April 2011) (the 2015 return was received electronically date marked 04/06/2015 - ie late)

ACL - Annual returns 2007, 2008, 2009, 2014

Filing of accounts late at Companies House incur penalties and leave directors at risk of prosecution. Filing Annual returns late can have consequences too (see post above)

AEHC for same 10 years filed 2012 & 2013 accounts late. I would guess that the various disputes and court actions caused the Trustees & auditors some serious concerns, which created difficulties in filing on time but that is nothing more than a guess. The Charities Commission in the past has been more forgiving than Companies House - that is changing

Charity accounts should be filed 10 months after the year end. The Charity commission has no power to impose penalties but can strike a charity off after 6 months late. If late in 2 out of 5 years means a statutory inquiry. Action, if any, would depend on how well the charity has kept the Charities Commission informed. The annual return can only be filed once the last accounts have been

Draw your own conclusions. Like I said the Op was not put up to focus on this issue.
Click to expand...


Shame Appleton didn't get the other 2k that must have been about half an hours work he didn't get paid for
 

Astute

Well-Known Member
  • Jun 12, 2015
  • #151
crowsnest said:
Did you just google Swindon town embargo? That refers to 2012.

I am talking about 2015 - accounts due Feb not posted until April.
During this time they signed Ricketts, a player Tony Mowbray was trying to sign.
Click to expand...

Why would I google Swindon Town embargo? I remembered it because it was the FL that put them over their limit. IIRC two players that they wanted went to tribunal. The FL put a value on them more than Swindon wanted to pay and it put them over their limit. What has that got to do with filing accounts late if you want to raise the question?
 

Grendel

Well-Known Member
  • Jun 12, 2015
  • #152
Astute said:
Why would I google Swindon Town embargo? I remembered it because it was the FL that put them over their limit. IIRC two players that they wanted went to tribunal. The FL put a value on them more than Swindon wanted to pay and it put them over their limit. What has that got to do with filing accounts late if you want to raise the question?
Click to expand...

As much to do with any embargo resulting from this information?
 
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