P&L Account
Loss of GBP 2,425,664 (2007 Profit 1,343,481)
Primarily down to a reduction in turn over from 8,391,989 in 2007 to 5,358,861 in 2007
together with an increase in costs from 5,578,439 (2007) to 5,786,656 and administration expenses
1,509,162 (2007) to 2,052,202
Balance Sheet
Assets down from 1,307,970 (2007) to 902,550
Creditors up from 5,873,974 (2007) to 6,468,505
total shareholders deficit 5,088,516 (2,869,899 2007)
Turnover
gate receipts down to 1,160,437 (2,041,824 - 2007)
Season Tickets down to 1,011,431 (1,171,936 - 2007)
League cup pools and TV fees down to 787,689 (1,408,267 - 2007)
Sports & Promotions Down to 1,011,436 (1,408,267 - 2007)
Cost of sales
Wages down to 3,384,143 from 3,696,637
Other expenses up to 2,402,513 (1,881,712)
receipts from disposal of intangible fixed assets 650,000 (1,520.00 - 2007)
Payment to acquire intangible fixed assets 584,465 (912,100 - 2007)
Intangible fixed assets are basically the players
These are the accounts to 31/7/2008 so they compare our first season in league 1 against our Championship season (2007)
on Income from Tickets , TV and Promotions , Relegation cost 2.05M
Ouch.
Gate receipts down £1m is surprising. Wouldn't have thought it would of made that amount of difference, however we did have the Man U and 2 spurs games in that season, but then we had the 2 play-off games last year?
Gate reciepts halved? surely that can't be right. We dropped from an average gate of 10k down to 8k, and prices stayed the same as I recall.
I guess 2 games at Spurs during 2007 would have made some difference but still seems odd to me.
But hey, i'm no accountant..!
Ouch.
Income from intangible fixed assets only £650k is that Bailey or someone else?
Baily was post 31/7/08
JCR and Hammell ?
it would not have looked as bad if the Freddy money had changed hands in August 07
P&L Account
Loss of GBP 2,425,664 (2007 Profit 1,343,481)
Primarily down to a reduction in turn over from 8,391,989 in 2007 to 5,358,861 in 2007
together with an increase in costs from 5,578,439 (2007) to 5,786,656 and administration expenses
1,509,162 (2007) to 2,052,202
Balance Sheet
Assets down from 1,307,970 (2007) to 902,550
Creditors up from 5,873,974 (2007) to 6,468,505
total shareholders deficit 5,088,516 (2,869,899 2007)
Turnover
gate receipts down to 1,160,437 (2,041,824 - 2007)
Season Tickets down to 1,011,431 (1,171,936 - 2007)
League cup pools and TV fees down to 787,689 (1,408,267 - 2007)
Sports & Promotions Down to 1,011,436 (1,408,267 - 2007)
Cost of sales
Wages down to 3,384,143 from 3,696,637
Other expenses up to 2,402,513 (1,881,712)
receipts from disposal of intangible fixed assets 650,000 (1,520.00 - 2007)
Payment to acquire intangible fixed assets 584,465 (912,100 - 2007)
Intangible fixed assets are basically the players
These are the accounts to 31/7/2008 so they compare our first season in league 1 against our Championship season (2007)
on Income from Tickets , TV and Promotions , Relegation cost 2.05M
Gate reciepts halved? surely that can't be right. We dropped from an average gate of 10k down to 8k, and prices stayed the same as I recall.
I guess 2 games at Spurs during 2007 would have made some difference but still seems odd to me.
But hey, i'm no accountant..!
We knew this was coming anyway so it comes as no surprise what I would be interested in is last season against this season just gone but we will have to wait for next year for that
We knew this was coming anyway so it comes as no surprise what I would be interested in is last season against this season just gone but we will have to wait for next year for that
That puts it into perspective Scott
total shareholders deficit 5,088,516 2008 as it was 4,486,852 in 2003 , in 5 years the successes we have had have cost 602 k or 120k per year