Breaking News Accounts Released 2011/12

[Firestorm]

Only a quid if you use webcheck.
Although not available for inspection yet.
I should get an automated email as soon as they are available .

It would appear all of the accounts were submitted at the same time.
MD Sel , Roots Hall Ltd, and Sufc all lodged at companies house in the past week or so . All dtill unavailable for inspection.

Must have paid the auditors then.....

 

[Mick]

It would appear all of the accounts were submitted at the same time.
MD Sel , Roots Hall Ltd, and Sufc all lodged at companies house in the past week or so . All dtill unavailable for inspection.

Must have paid the auditors then.....

Oh well only another 2 and a bit months and we'll be overdue again.

 

[Firestorm]

Now available.

Just downloaded

Summary to follow

 

[Firestorm]

Accounts to 31/7/2012
Loss 1.17m (2011 1.16m)

Total debt 11.45m (2011 10.28m)

Gate receipts 801k (2011 536k)
Season tickets 561k (2011 568k)
League pool 817k (2011 759k)

Sports & promotions
537k (2011 623k)
Shop 51k (2011 32k)
Bars catering 125k (2011 96k)

Player trading 286k (2011 85k)

Staff cost
2.7m (2011 2.3m)

Other football expenses ?
1m (2011 1.15m)

Admin expenses
1.3m (2011 975k)

Owed to @31/7/12
Directors 828k
Mezcal 1m
SEL 5.8m
Tax 228k
Trade creditors 1.2m
Other creditors 264k
Accruals Deferred income 1.7m

Although the company is committed to making Rent payments of 520k under the terms of the lease in practice no amounts have been payable in recent years THE CURRENT YEAR WAS AN EXCEPTION IN THAT 450K WAS CHARGED AS RENT (my caps)

Note on accounts TB lent 150k
MD management charge was NIL (2011 10k)

 

[Yorkshire Blue]

Is that player trading a net income or expenditure?

 

[chapperzUK]

Is that player trading a net income or expenditure?

Player trading is income.

 

[Yorkshire Blue]

Player trading is income.

Thank you.

I'm trying to think who we sold then. Or was it the sell-on from Hooper or Bailey?

 

[chapperzUK]

Thank you.

I'm trying to think who we sold then. Or was it the sell-on from Hooper or Bailey?

Della-Verde I think was last season sometime.

Hooper was sold to Norwich this summer, so will be on the next set of accounts due in under 3 months time.

 

[Yorkshire Blue]

Good call. He was August 2011.

Those next lot of accounts should have Ferdinand and Hall's transfer fees as well.

 

[Smiffy]

Looking as healthy as ever then with nearly £11.5m of debt.

Still losing around £100k a month.

Trade Creditors owed £1.2m, that is shocking.

Will be interesting to see if the Wembley appearance, results in a near on break even figure in the next set of accounts (probably released this time next year)

 

[North Wales Shrimper]

Good to see the interest payments are down though.

 

[North Wales Shrimper]

Am I reading this right that we're only valuing the squad at £32,850?

 

[North Wales Shrimper]

The devil is in the detail. Have a look at the accounts for South Eastern Leisure UK Ltd. Now they are interesting.

 

[McNasty]

The devil is in the detail. Have a look at the accounts for South Eastern Leisure UK Ltd. Now they are interesting.

Any chance of a link to the accounts ?

 

[chapperzUK]

Am I reading this right that we're only valuing the squad at £32,850?

That is most likely just the registration fees and transfer fees involved.

 

[chapperzUK]

Looking as healthy as ever then with nearly £11.5m of debt.

Still losing around £100k a month.

Trade Creditors owed £1.2m, that is shocking.

Will be interesting to see if the Wembley appearance, results in a near on break even figure in the next set of accounts (probably released this time next year)

Take a short trip up the A12 and last year you'll see Col Ewe made a operating loss of £4m.

 

[chapperzUK]

The devil is in the detail. Have a look at the accounts for South Eastern Leisure UK Ltd. Now they are interesting.

Not only that, but Roots Hall Ltd too with debts nearly doubling to just over £20m although most of the increase is down to them "owing" money to SEL Company Limited (different to the one you mentioned).

The cash flow statement also quite interesting with £6.85m spent on acquiring tangible assets and over £1m being loaned in.

 

[Smiffy]

The devil is in the detail. Have a look at the accounts for South Eastern Leisure UK Ltd. Now they are interesting.

In what way?

 

[Smiffy]

Take a short trip up the A12 and last year you'll see Col Ewe made a operating loss of £4m.

True. But, at least they have a guy who could probably wipe that pretty quickly if required.

 

[Cricko]

Its all a load of bollocks...you might as well believe in Fairies at the bottom of your garden that any of this accounting rubbish.