Joined: Jul 15 2005 Posts: 29811 Location: West Yorkshire
Easty wrote:Can't blame here at all but make it accurate please.
I'll spell it out for you. I'm a qualifed accountant, so thanks all the same but I know how to read a set of accounts.
Rovers Balance sheet at 30/11/2007 shows total debt of £2.4m.
As at the balance sheet date, Rovers owed amounts of £1.6m which were repayable within one year, and a further £0.8m which was due to be repaid after more than one year. Hence a total debt of £2.4m.
I notice you have now deleted the rather ill thought-out analysis, although it is quoted by others. You have called me a liar when that is clearly not the case. Feel free to apologise.
Joined: Jan 15 2007 Posts: 11924 Location: Secret Hill Top Lair. V.2
Mrs Barista wrote:I'll spell it out for you. I'm a qualifed accountant, so thanks all the same but I know how to read a set of accounts.
Rovers Balance sheet at 30/11/2007 shows total debt of £2.4m.
As at the balance sheet date, Rovers owed amounts of £1.6m which were repayable within one year, and a further £0.8m which was due to be repaid after more than one year. Hence a total debt of £2.4m.
I notice you have now deleted the rather ill thought-out analysis, although it is quoted by others. You have called me a liar when that is clearly not the case. Feel free to apologise.
All interesting stuff, for accountants and those of a similar logic based persausion, but for me as long as we're still putting a team out on the park (even if that be East Park) I'll only ever be a Robin.
Songs for The Derby?
Alltogether now...
"We're skint,
And we know we are"
If there is no struggle, there is no progress. Those who profess to favor freedom, and yet depreciate agitation, are men who want crops without plowing up the ground. They want rain without thunder and lightning. They want the ocean without the awful roar of its many waters. This struggle may be a moral one; or it may be a physical one; or it may be both moral and physical; but it must be a struggle.
Joined: Sep 23 2003 Posts: 14306 Location: East Hull
Mrs Barista wrote:I'll spell it out for you. I'm a qualifed accountant, so thanks all the same but I know how to read a set of accounts.
Rovers Balance sheet at 30/11/2007 shows total debt of £2.4m.
As at the balance sheet date, Rovers owed amounts of £1.6m which were repayable within one year, and a further £0.8m which was due to be repaid after more than one year. Hence a total debt of £2.4m.
I notice you have now deleted the rather ill thought-out analysis, although it is quoted by others. You have called me a liar when that is clearly not the case. Feel free to apologise.
Your a qualified account so why didn't you use Net current liabilities? Surely that takes into account the amount we owe falling within the year minus debtors stocks and money in the bank?
"They supercede individuals, they supercede the team and they supercede the club. Our club is a traditional, working class club and the supporters are loyal and passionate and to see them go away happy really makes my day." Craig Sandercock.
Joined: Sep 01 2006 Posts: 5139 Location: Wall Street
Easty wrote:Your a qualified account so why didn't you use Net current liabilities? Surely that takes into account the amount we owe falling within the year minus debtors stocks and money in the bank?
I'd give up mate. You're making an idiot of yourself though i have to admit i've missed that. Mrs B knows her stuff when it comes to number crunching so if i were you i'd go back to your safe haven where you can just delete posts you don't like or understand
Motto of the week -
It is the way of the weak to secretly bleat to those in authority rather than fight their own battles.
Joined: Jul 15 2005 Posts: 29811 Location: West Yorkshire
Easty wrote:Your a qualified account so why didn't you use Net current liabilities? Surely that takes into account the amount we owe falling within the year minus debtors stocks and money in the bank?
You can cherry-pick ratios and sub totals that suit you all day long. Rovers have total creditors/debt of £2.4m. This is exactly the same measure as we talk about at FC (and was screeched about by your chum Vicenzo for years on end), which, coincidentally was also £2.4m at its worst, but fortunately has now been reduced to £1.4m. The fact that your net current liabilities are £1.3m (ours are £0.5m BTW) is hardly something to get excited about
I suggest you get back on topic, as the moderators will have you.
Mrs Barista wrote:I'll spell it out for you. I'm a qualifed accountant, so thanks all the same but I know how to DOCTOR a set of accounts.
Rovers Balance sheet at 30/11/2007 shows total debt of £2.4m.
As at the balance sheet date, Rovers owed amounts of £1.6m which were repayable within one year, and a further £0.8m which was due to be repaid after more than one year. Hence a total debt of £2.4m.
I notice you have now deleted the rather ill thought-out analysis, although it is quoted by others. You have called me a liar when that is clearly not the case. Feel free to apologise.
Joined: Aug 24 2005 Posts: 15807 Location: East Hull
Mrs Barista wrote:I'll spell it out for you. I'm a qualifed accountant, so thanks all the same but I know how to read a set of accounts.
Rovers Balance sheet at 30/11/2007 shows total debt of £2.4m.
As at the balance sheet date, Rovers owed amounts of £1.6m which were repayable within one year, and a further £0.8m which was due to be repaid after more than one year. Hence a total debt of £2.4m.
I notice you have now deleted the rather ill thought-out analysis, although it is quoted by others. You have called me a liar when that is clearly not the case. Feel free to apologise.
Yeah we don't doubt that you're really an accountant ( ).
"The Mail understands..." NOTHING!
[quote="-VIKINGMAN-"]Respect to Roofs, the president of East Hull. [/quote]
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