Annual accounts

[Supa Shrimpa]

Thats possible as is proceedings being taken against the directors.


The NL have quite stringent regulations regarding financial matters they are sticklers for the correct information being submitted alongside being up front and 100% transparent when it comes to matters like VAT, PAYE and NIC.

The charge is often levied against the NL administrators that they are incompetent and that’s probably fair comment but one thing they won’t do is afford is any extra concessions if things like failure to file statutory information continues

Exactly ! It's THAT important. Meanwhile the supporters groups are more concerned with asking questions regarding news kits etc.

 

[Jai]

Exactly ! It's THAT important. Meanwhile the supporters groups are more concerned with asking questions regarding news kits etc.

Apart from the fact we have asked the question about the accounts in every single meeting we have attended.

 

[Supa Shrimpa]

Apart from the fact we have asked the question about the accounts in every single meeting we have attended.

At least Tom acknowledged the question on the last video call. I just fear he's not going to get answers to the questions, either.

 

[Leo210856]

Come Saturday the latest accounts to be shown on Companies House website will reflect a 12 month period that ended three years ago.

Now we don’t know Hong long it takes for the accounts once filed to appear on CH website but those 2018 accounts were signed off on 30/4/2018 which is the day they are said to have been filed.

To be honest if the NL were to impose an embargo nobody surely would seriously be surprised

 

[blues exile]

At least Tom acknowledged the question on the last video call. I just fear he's not going to get answers to the questions, either.

This is why I really have doubts about the need for a CEO. When you have a hands on chair and a nonentity BOD the post seems redundant and an unnecessary cost. Maybe the sole reason Martin agreed to it was to have a human shield to take the flak which will inevitably come his way

 

[Cricko]

Come Saturday the latest accounts to be shown on Companies House website will reflect a 12 month period that ended three years ago.

Now we don’t know Hong long it takes for the accounts once filed to appear on CH website but those 2018 accounts were signed off on 30/4/2018 which is the day they are said to have been filed.

To be honest if the NL were to impose an embargo nobody surely would seriously be surprised

Wasn't he in Hong Kong Phooey?

 

[brigg blue]

The accountants have been published, on first glance it doesn't seem horrific

 

[Shrimper]

Have we filed 2019/20 accounts?

 

[LBBlue]

Have we filed 2019/20 accounts?

No - well over a year late now …..

 

[Mick]

No - well over a year late now …..

When they do come out, I never know whether to file them under history or fiction.

 

[Jmayhew32]

Does anyone know anything about the situation with companies house?

There are now 2 sets of accounts due for filing with no accounts since July-19…this is somewhat concerning that RM doesn’t seem overly bothered about this. Companies house will be issuing fines that I’m sure we can ill afford

 

[Mick]

............ presumably the late submission fine is paid by standing order.

 

[Supershrimper]

............ presumably the late submission fine is paid by a cheque with more bounce in it than Rons hair

edited for accuracy

 

[gatecrasher]

No point doing the accounts anyway, sake story, insolvent since about the 80s

 

[Dutch Branch]

RM has about 150 companies which all need attending too .

 

[Dorsetshrimper]

For those that are interested I have just checked Companies House and the 2020 have still not been filed. I thought on one of the Zoom calls they were close to being complete.

The 2021 accounts are also overdue now, should have been filed by 30 April 2022.

 

[Smiffy]

For those that are interested I have just checked Companies House and the 2020 have still not been filed. I thought on one of the Zoom calls they were close to being complete.

The 2021 accounts are also overdue now, should have been filed by 30 April 2022.

Which begs the question why?

 

[Supa Shrimpa]

I just don't know how he gets away with it ? I'm sure my little company wouldn't.

 

[Dorsetshrimper]

Which begs the question why?

Two reasons come to mind:

1. The auditors don't want to sign off the accounts without huge qualifications in their report about the company's ability to continue as a "going concern". Despite the awful financial position that is possible if the directors/shareholders (ultimately RM!) provides sufficient guarantees.
2. Does the financial fair play rules apply to National League clubs? If so I am guessing we would be in trouble

 

[Holy Joe]

Two reasons come to mind:

1. The auditors don't want to sign off the accounts without huge qualifications in their report about the company's ability to continue as a "going concern". Despite the awful financial position that is possible if the directors/shareholders (ultimately RM!) provides sufficient guarantees.
2. Does the financial fair play rules apply to National League clubs? If so I am guessing we would be in trouble

Never rule out incompetence