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Filed on time. Good work. icon_wink.gif

Loss of £251,176. Net liabilities increase from -£1.8m to -£2.1m. The going concern basis note references "ongoing cost cutting measures that have taken place since the year end." Level of secured debt increases from £0.3m to £0.6m. As expected, I guess.

Saints filed their horrendous accounts recently which reflect all sorts of pre stadium move costs, so if these are cited as the benchmark and a relevant comparison as they were last year, someone's yanking your chain. icon_wink.gif

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eusa_liar.gif icon_lol.gif

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oh dear

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Worrying times.

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Quote: ComeOnYouUll "Worrying times.'"


For who?

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Quote: Mrs Barista "Filed on time. Good work.
Dumb it down a bit, so us plebs can understand what you mean. I tend to nod off when the accountants speak at our place. icon_smile.gif

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Quote: SirStan "Dumb it down a bit, so us plebs can understand what you mean. I tend to nod off when the accountants speak at our place.


I'm glad uve asked I didn't wanna come across any thicker than I already do icon_biggrin.gif

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Don't forget the £450k of playing assets that you lot include...

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Quote: Scott_HKR "Don't forget the £450k of playing assets that you lot include...'"




Players arnt assets are they

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Quote: gingerspice "Players arnt assets are they'"


Agreed, I was referring to FC naming their players as assets every year.

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Quote: Scott_HKR "Agreed, I was referring to FC naming their players as assets every year.'"




How does that work then does that make a difference to the overall finances

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Doesn't it show that each year where making a loss but that loss is gradually reducing?

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Quote: Easty "Doesn't it show that each year where making a loss but that loss is gradually reducing?'"




I suppose by reducing the players wages by a lot if the rumours are true who are going then maybe next yr things will be different I don't know and understand enough about it all

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Quote: Scott_HKR "Don't forget the £450k of playing assets that you lot include...'"


What does that have to do with HKR's finances?

BTW, including the players as assets does not effect the profit or loss figures.

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personally I couldn't care less, I go to watch my team on the pitch not get excited about balance sheets or which clubs make the most money or sells the most shirts.

As our debts are owed to our own directors who are fans like me and are not going to pull their money out it seems a bit irrelevent really

42 posts in 4 pages 
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Subscribe | Moderators: Admin, R.B.A , Anakin Skywalker , Mild Rover
42 posts in 4 pages 
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Subscribe | Moderators: Admin, R.B.A , Anakin Skywalker , Mild Rover



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