Jump to content
Wanderers Ways. Neil Thompson 1961-2021

Administration?


Mounts Kipper

Recommended Posts

Shambles. A company not knowing or declaring it's financial position from 6 months ago shows how piss poor it is being run.

 

Amen

 

They've said they can't sign off the accounts for the financial year ending June 2015. 

 

Why the fuck not? That was 6 months ago.

 

It's a mess and the sooner we get a buyer and every bugger currently involved in the running of the club is shown the door the better.

Link to comment
Share on other sites

Amen

 

They've said they can't sign off the accounts for the financial year ending June 2015.

 

Why the fuck not? That was 6 months ago.

 

It's a mess and the sooner we get a buyer and every bugger currently involved in the running of the club is shown the door the better.

Would any accountant worth their salt sign us off?
Link to comment
Share on other sites

  • Moderators

The accounts to June 2015 are fine it's the bit where we have to guarantee our income going concern stability etc etc they're struggling with

 

 

youll need to keep posting it

 

it seems beyond the comprehension of quite a few

Link to comment
Share on other sites

Amen

 

They've said they can't sign off the accounts for the financial year ending June 2015. 

 

Why the fuck not? That was 6 months ago.

 

It's a mess and the sooner we get a buyer and every bugger currently involved in the running of the club is shown the door the better.

And banned from the club for life.

Link to comment
Share on other sites

Right am I right that this is because we can not submit authorised accounts ?

 

And we can not submit authorised accounts because of the uncertainty regarding the future as the accounts require a Directors statement ?

Edited by Ani
Link to comment
Share on other sites

Why? It's got cock all to do with anything. They want last seasons accounts. Nowt else.

The directors have to sign off the accounts with a statement providing assurance of ongoing financial stability. They cannot do so for obvious reasons. Hence cannot sign off the accounts.

Link to comment
Share on other sites

  • Moderators

Why? It's got cock all to do with anything. They want last seasons accounts. Nowt else.

 

 

and they cant have last seasons accounts because we cant sign off on them

 

because we have to guarantee our ability to continue trading

Link to comment
Share on other sites

If you read accounts youll see a statement regarding future trading, which is a statutory requirement. In fact if you read the statement in ours the last few years it did raise concerns about future funding if I recall correctly.

Ta for that. Every day's a school day and all that.

Link to comment
Share on other sites

and they cant have last seasons accounts because we cant sign off on them

 

because we have to guarantee our ability to continue trading

Which puts the default position as trading insolvent which they have clearly done for as long as to its been since they realised they couldn't sign off the accounts.

 

Same shite different page.

Link to comment
Share on other sites

Someone would eventually buy the club

 

It's just what's left and what price

 

If we sell the stadium, euxton and lostock in the fire sale - lose all the players to admin and are in league 1 or 2 then there would still be a going concern of a club that someone or a group of supporters could pick up

 

As it stands we can't get a buyer as we are trying to find someone to take the whole lot and run it as a club rather than look at it as the sum of its individual parts

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.