Extract from Total Rugby League, "Sporting Club Leigh Limited showed a significant improvement in its balance sheet from a year earlier, with a negative profit and loss account of £1,378,842 turned into a positive total of £786,307, which represents an improvement to the tune of £2,165,149.
The accounts reveal that Leopards owner Derek Beaumont’s company AB Sundecks Limited supplied sponsorship income to the tune of £1,325,000, compared to zero the previous year. At the balance sheet date the club owed £207,529 to AB Sundecks, compared to £743,835 a year earlier."
This is the accountancy shuffle Derek alluded to. Should bring in considerable number of extra points on the IMG scale |
