fcimp wrote:Someone who knows rovers' accountant told me that he wondered where Morgan was going to get the money for a big signing cos they ain't got any. Guess time will tell.
Well seeing as your such a reliable source and Hudgie reads this forum i guess you have just cost somebody his job then
Joined: Feb 10 2004 Posts: 16136 Location: Badsville
Gordon Gekko wrote:So Rovers accountant is breaching the professions code of conduct, by discussing a clients financial situation with outsiders??
Can't see where he says that.
She got the wiggle hip sway hypno sex ray goin' on in my head She got the flippin' hip slide hypno sex siren in my head She got the wiggle hip sway hypno sex ray light's flashin' red
More importantly, late-filing is very often an indication of financial problems or disagreement with auditors, and most worryingly of whether the company is actually solvent and a going concern. And I speak as one who (amongst many other things) has regularly reviewed company accounts for e.g. deciding what credit and on what terms to advance the company.
That's why its never a good thing to file late, and why I hope (sincerely) there is nothing sinister behind this.
Incidentally, if there is a problem meeting the deadline - e.g. because of some material uncertainty still to be resolved, which is preventing the numbers (or the audit opinion) being finalised, you can apply to Companies House for an extension. Bulls did that a few years back, I guess from reading the accounts because of an issue over how to account for the Odsal Settlement money and the tax consequences. If you do that then you are not overdue.
Must admit (and I speak as a friend of HKR) I'm a bit concerned with what I have been reading on here regarding matters financial. Hopefully more than I need to be.
More importantly, late-filing is very often an indication of financial problems or disagreement with auditors, and most worryingly of whether the company is actually solvent and a going concern. And I speak as one who (amongst many other things) has regularly reviewed company accounts for e.g. deciding what credit and on what terms to advance the company.
That's why its never a good thing to file late, and why I hope (sincerely) there is nothing sinister behind this.
Incidentally, if there is a problem meeting the deadline - e.g. because of some material uncertainty still to be resolved, which is preventing the numbers (or the audit opinion) being finalised, you can apply to Companies House for an extension. Bulls did that a few years back, I guess from reading the accounts because of an issue over how to account for the Odsal Settlement money and the tax consequences. If you do that then you are not overdue.
Must admit (and I speak as a friend of HKR) I'm a bit concerned with what I have been reading on here regarding matters financial. Hopefully more than I need to be.
More importantly, late-filing is very often an indication of financial problems or disagreement with auditors, and most worryingly of whether the company is actually solvent and a going concern. And I speak as one who (amongst many other things) has regularly reviewed company accounts for e.g. deciding what credit and on what terms to advance the company.
That's why its never a good thing to file late, and why I hope (sincerely) there is nothing sinister behind this.
Incidentally, if there is a problem meeting the deadline - e.g. because of some material uncertainty still to be resolved, which is preventing the numbers (or the audit opinion) being finalised, you can apply to Companies House for an extension. Bulls did that a few years back, I guess from reading the accounts because of an issue over how to account for the Odsal Settlement money and the tax consequences. If you do that then you are not overdue.
Must admit (and I speak as a friend of HKR) I'm a bit concerned with what I have been reading on here regarding matters financial. Hopefully more than I need to be.
Rovers haven't filed on time for 5 years. Since 2004 their total creditors have increased from £258,000 to £2,414,000 with cumulative losses of £1,095,000. When the last set of accounts were published for 2007 which showed a loss of £478k, everyone on here was confident that 2008's figures would be much improved, so don't worry too much.
More importantly, late-filing is very often an indication of financial problems or disagreement with auditors, and most worryingly of whether the company is actually solvent and a going concern. And I speak as one who (amongst many other things) has regularly reviewed company accounts for e.g. deciding what credit and on what terms to advance the company.
That's why its never a good thing to file late, and why I hope (sincerely) there is nothing sinister behind this.
Incidentally, if there is a problem meeting the deadline - e.g. because of some material uncertainty still to be resolved, which is preventing the numbers (or the audit opinion) being finalised, you can apply to Companies House for an extension. Bulls did that a few years back, I guess from reading the accounts because of an issue over how to account for the Odsal Settlement money and the tax consequences. If you do that then you are not overdue.
Must admit (and I speak as a friend of HKR) I'm a bit concerned with what I have been reading on here regarding matters financial. Hopefully more than I need to be.
Rovers haven't filed on time for 5 years. Since 2004 their total creditors have increased from £258,000 to £2,414,000 with cumulative losses of £1,095,000. When the last set of accounts were published for 2007 which showed a loss of £478k, everyone on here was confident that 2008's figures would be much improved, so don't worry too much.
Joined: Dec 22 2001 Posts: 14145 Location: At the Gates of Delirium
you lot in Hull can't pass up any opportunity to get one in at each other, can you? Always bemuses me when I see FC having a financial go at HKR, when their being here now depended on a shotgun "merger" and Superleague bail-out, and the good fortune of benefiting from a city which had and sold its own telecoms company. And yes, in the interests of balance, HKR went through administration so they can hardly talk either, although at least they did not have to involve (or worse) other clubs and sorted it the hard way by themselves.
Joined: Jul 15 2005 Posts: 29811 Location: West Yorkshire
Adeybull wrote:you lot in Hull can't pass up any opportunity to get one in at each other, can you? Always bemuses me when I see FC having a financial go at HKR, when their being here now depended on a shotgun "merger" and Superleague bail-out, and the good fortune of benefiting from a city which had and sold its own telecoms company. And yes, in the interests of balance, HKR went through administration so they can hardly talk either, although at least they did not have to involve (or worse) other clubs and sorted it the hard way by themselves.
Don't be so precious. FC had some ridiculous good fortune in surviving and even better luck in sharing a top class stadium (at which Rovers were offered the chance to play, BTW, but don't let that stop your rant). I've not said otherwise. You were saying it's a bad sign that Rovers 2008 accounts are late. Just pointing out that this is what they do on a regular basis. Cue the usual suspects declaring how brilliantly Rovers is run in all aspects.
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