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25% => The Boardroom => Topic started by: Dazzza on Monday, May 9, 2005, 19:31:27



Title: AGM announced
Post by: Dazzza on Monday, May 9, 2005, 19:31:27
Finally see the accounts look to be getting signed off on the 31st.

Will make for interesting reading, unfortunately though it looks like we will have to wait for the next lot before we can marvel at Sandy Gray's tax evasion magic.

I cannot believe that she is up for appointment to the board after that total and utter cock-up.  It really should be seriously questioned if not opposed outright.  Add to that the links to the seedy Diamandis who's name never seems to far away from the club.

Going to be interesting to see just what else has been going on behind the scenes.


Title: AGM announced
Post by: yeo on Monday, May 9, 2005, 19:33:40
These accounts only go up to 2003 apparently,surely they should be up to date by now.

I reckon they should get Mrs Spacey to sort them out she seems clued up about such matters.


Title: AGM announced
Post by: Asher on Monday, May 9, 2005, 19:33:43
Dazza have you had an invite yet? Ive not had one yet nor a letter, should I be worried!


Title: AGM announced
Post by: Dazzza on Monday, May 9, 2005, 19:35:29
I'm not a shareholder unfortunately, although I know Reg normally goes to these events so I'm sure he'll give us the low down.

I thought that Yeovil surely they should run to the financial year April 2004?


Title: AGM announced
Post by: Asher on Monday, May 9, 2005, 19:38:14
reg give us a song reggy reggy give us a song (or confirm) cheers


Title: AGM announced
Post by: sonicyouth on Monday, May 9, 2005, 21:39:57
Can anyone turn up at the AGM?


Title: AGM announced
Post by: Piemonte on Monday, May 9, 2005, 22:30:39
Quote from: "dazzza"
I'm not a shareholder unfortunately, although I know Reg normally goes to these events so I'm sure he'll give us the low down.

I thought that Yeovil surely they should run to the financial year April 2004?


depends when the company's finanical year end is dosnt it? from that the accounts will be for the year ending 31/12/03.

Whatever happens the accounts will be well out of date. Most compaines get 10 months from they're financial year end to post accounts at companies house. we could be fined or that may well have happend already.


Title: AGM announced
Post by: Piemonte on Monday, May 9, 2005, 22:31:10
Quote from: "sonicyouth"
Can anyone turn up at the AGM?


you have to be a shareholder i think.


Title: AGM announced
Post by: Simon Pieman on Monday, May 9, 2005, 22:33:13
Quote from: "Piemonte"
Quote from: "sonicyouth"
Can anyone turn up at the AGM?


you have to be a shareholder i think.


Yes you do


Title: AGM announced
Post by: sonicyouth on Monday, May 9, 2005, 22:34:28
How many shareholders do we have?


Title: AGM announced
Post by: spacey on Monday, May 9, 2005, 22:42:46
Quote from: "simon pieman"
Quote from: "Piemonte"
Quote from: "sonicyouth"
Can anyone turn up at the AGM?


you have to be a shareholder i think.


Yes you do


 I agree.


Title: AGM announced
Post by: Dazzza on Monday, May 9, 2005, 23:06:37
Fine is apparently not that much for late accounts.


Title: AGM announced
Post by: Ben Wah Balls on Tuesday, May 10, 2005, 01:49:16
I'm a shareholder \o/   8) . When is the actual meeting, the 31st?, I may go if I'm in Swindon, my Dad'll be there for sure.


Title: AGM announced
Post by: Batch on Tuesday, May 10, 2005, 12:20:52
The adver had this in brief on the accounts published (www.thisisstfc.co.uk)
Quote from: "Evening Advertiser"

THOUGH the 2001/2 accounts are based on a degree of ‘guesstimation’ according to Sandy Gray they still make for bleak reading.

If the figures are indeed correct then the club’s loss rocketed from just over £1 million at the end of June 2001 to almost £2.7m 12 months later.

While losses soared, turnover dropped from almost £3.5m to £2.9m.

Staff costs in June 2001 were just over £2.7m but this had risen to just short of £3m a year later.

The total loss for 2001/02 is put at £2,562,149.

The picture improved somewhat during 2002/03, the first full season of the current board’s tenure.

However, it was hardly a question of suddenly transforming red into black.

By May 31 the loss for the financial year had dropped from £2.7m to around £1.9m.

Turnover had crept up from £2.863m to £2.864m.

Of particular intrigue in the 2002/03 accounts is the staff costs section.

£225,000 was shelled out for ‘compensation for loss of office’.

That is believed to be the figure agreed to settle former player-coach Neil Ruddock’s contract in December 2002.


What the heck is our total debt now then  :shock:


Title: AGM announced
Post by: janaage on Tuesday, May 10, 2005, 12:43:13
I was talking to a mate last night about this.  I'm starting to get really worried about the whole picture.  I think we could be in serious danger of being nowhere in a few years, can't see a way out of it.  We're gonna have a very young side next year and if we don't get off to a good start we're gonna struggle like hell to get out of the mess.

I think some smaller non league clubs are going to rise a couple of divisions over the next few years as they seem to be run to budget, rather than the older clubs like ours who seem to be racking up more and more debt.


Title: AGM announced
Post by: Batch on Tuesday, May 10, 2005, 12:54:24
Indeed, but there is a way out. The redevelopment. Its the only way I can see.


Title: AGM announced
Post by: Piemonte on Tuesday, May 10, 2005, 13:03:07
Quote from: "Batch"
Indeed, but there is a way out. The redevelopment. Its the only way I can see.


It wouldnt solve our problems overnight, but at least we'd get some sigificant extra income in.


Title: AGM announced
Post by: janaage on Tuesday, May 10, 2005, 13:08:22
I'm starting to think the redevelopment is just a carrot dangling in front of us though.  Everyone who's of any importance in the project seem to be dragging their heels.  We need someone to sort this out as soon as, before it's too late.  Seriously I'm worried big time about STFC right now.  Think it's because there's no footie to keep me busy.


Title: AGM announced
Post by: Piemonte on Tuesday, May 10, 2005, 13:09:37
Have a chat with liftime red on thisisstfc.

He'll cheer you up. :mrgreen:


Title: AGM announced
Post by: janaage on Tuesday, May 10, 2005, 13:12:57
Yeah I saw Yeovil attempting to lift that fella gloom over there earlier.  It's all a bit  :cry: at the moment, we need more  :P


Title: AGM announced
Post by: Dazzza on Tuesday, May 10, 2005, 22:27:18
Did anyone go then?


Title: AGM announced
Post by: yeo on Tuesday, May 10, 2005, 22:28:54
Its tues 31 May


Title: AGM announced
Post by: Dazzza on Tuesday, May 10, 2005, 22:31:39
Quote from: "Yeovil Red"
Its tues 31 May


 I knew that.


Title: AGM announced
Post by: yeo on Tuesday, May 10, 2005, 22:32:31
:D