Simon Pieman
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« on: Monday, September 28, 2009, 22:03:42 » |
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but I've tried searching the TEF and official website and can't find the link to the 2008 accounts. I'm sure someone posted it not long ago (Batch?).
I'm trying to keep a copy of all the links to and copies of the accounts and other AGM stuff. Mainly because it's impossible to find again online.
All the talk of self sufficiency made me think we should see how we're doing compared to the Wills years. I know we won't find that out for another year or two really, but history is our benchmark so these are a good reference point.
Cheers,
Your geeky accounting internet friend who no longer works in accounts.
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RobertT
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« Reply #1 on: Tuesday, September 29, 2009, 09:52:17 » |
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I remember someone posting details of the really rubbish acciounts for the year Fitton took over, something in the region of a £2.5m loss if I remember it correctly.
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Simon Pieman
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« Reply #2 on: Tuesday, September 29, 2009, 10:03:28 » |
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I have 2006 and 2007 from the website, 2005 and previous on my pc at home.
This is my only issue with an online only system, it's difficult to find things using the club website as it's not very good.
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nevillew
Tripping the light puntastic
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« Reply #3 on: Tuesday, September 29, 2009, 11:23:00 » |
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When is the financial year end then ?
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Paolo Di Canio, it's Paolo Di Canio
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jonny72
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« Reply #4 on: Tuesday, September 29, 2009, 11:36:10 » |
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Summerof69
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« Reply #5 on: Tuesday, September 29, 2009, 12:10:50 » |
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£2.6m in 'admin expenses' !!!
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Bogus Dave
Ate my own dick
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« Reply #6 on: Tuesday, September 29, 2009, 12:17:14 » |
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Our playing squad was only worth £99,000. Fucking hell
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Things get better but they never get good
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Summerof69
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« Reply #7 on: Tuesday, September 29, 2009, 12:20:27 » |
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Our playing squad was only worth £99,000. Fucking hell
As at May '07, but at May '08 the players were 'worth' £292k, as we bought in Cox, McNamee and JPM. |
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suttonred
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« Reply #8 on: Tuesday, September 29, 2009, 12:22:19 » |
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Hope the Natwest in newbury has been rewired since i did it 20 odd years ago, otherwise all our savings will go up in smoke.
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Simon Pieman
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« Reply #9 on: Tuesday, September 29, 2009, 12:23:09 » |
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Thanks Jonny, great help! When is the financial year end then ?
May. I don't think the accounts are going to look stable for another year or so though, well the balance sheet. They were so messed up before it'll take a lot of time to tidy them up. The profit and loss account will be the main point of interest but again I think they won't be pretty, with a lot of hangers on still on the books in 2009. 2010 is where we should start seeing a better picture, the Cox sale will hopefully even out the loss position regardless of where the money has been spent, unless we have a few players on super wages eating up that profit. |
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suttonred
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« Reply #10 on: Tuesday, September 29, 2009, 12:24:11 » |
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£2.6m in 'admin expenses' !!!
That's all the wages though isn't it? |
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Iffy's Onion Bhaji
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« Reply #11 on: Tuesday, September 29, 2009, 12:29:41 » |
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That's all the wages though isn't it?
I think so. I seem to recall Fitton mentioning a similar figure for staff/player wages at the AGM back last year. |
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Simon Pieman
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« Reply #12 on: Tuesday, September 29, 2009, 12:29:56 » |
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That's all the wages though isn't it?
Wages make up a large proportion of cost of sales. |
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suttonred
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« Reply #13 on: Tuesday, September 29, 2009, 12:31:08 » |
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Dont think it is, further down is a cost of the squad wages at £3million+
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jonny72
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« Reply #14 on: Tuesday, September 29, 2009, 12:31:29 » |
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That's all the wages though isn't it?
Its not the wages as that is in with the "cost of sales" figure. It looks like some kind of write down, but I'm sure an accountant type could tell you exactly what it is - company accounts aren't straight forward and you need to know what you're doing to fully understand them. |
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