CPFC 2010 Accounts Overdue

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CPFC 2010 Accounts Overdue

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bexleydave Barnehurst 22 Jun 18 6.14am
Originally posted by Midlands Eagle Yeah, like Mike Brewer (Wheeler Dealers) is a "master of negotiation" [Link] Edited by bexleydave (22 Jun 2018 6.18am) Bexley Dave Can you hear the Brighton sing? I can't hear a ******* thing! "The most arrogant, obnoxious bunch of deluded little sun tanned, loafer wearing mummy's boys I've ever had the misfortune of having to listen to" (Burnley forum)

bexleydave

Barnehurst 22 Jun 18 6.14am

Originally posted by Midlands Eagle

Yeah, like Mike Brewer (Wheeler Dealers) is a "master of negotiation"

[Link]

Edited by bexleydave (22 Jun 2018 6.18am)

Bexley Dave

Can you hear the Brighton sing? I can't hear a ******* thing!

"The most arrogant, obnoxious bunch of deluded little sun tanned, loafer wearing mummy's boys I've ever had the misfortune of having to listen to" (Burnley forum)

Midlands Eagle 26 Jun 18 1.40pm
Interesting article in a paper / blog that I've never heard of where they claim that the delay in issuing the accounts was put down to changes in the way its accountants wanted to show internal, inter-company loans. If true I'm guessing that the auditors got their own way otherwise they wouldn't have signed off the accounts but I'm interested to know what version one was. I believe that there was a mistake in the analysis in the bit covering Parish's salary where they state:- The accounts do not reveal the name of the club’s highest paid director – it is assumed to be Parish – but it does show that they were paid £2,150,000, which is the fourth highest director remuneration in English football. Only Tottenham, Arsenal and Manchester United pay any of their directors more. Palace’s unnamed director also qualified for a contractual bonus in this financial year, though this amount was waived and reinvested in the club. I haven't rechecked the accounts but I'm sure that the £2.15m was the total fees / salary voted to Parish and I'm sure that this excessive amount which was subsequently ploughed back into the club was down to an accounting exercise rather than a lining of the back pocket. The article is here [Link]

Midlands Eagle

26 Jun 18 1.40pm

Interesting article in a paper / blog that I've never heard of where they claim that the delay in issuing the accounts was put down to changes in the way its accountants wanted to show internal, inter-company loans.

If true I'm guessing that the auditors got their own way otherwise they wouldn't have signed off the accounts but I'm interested to know what version one was.

I believe that there was a mistake in the analysis in the bit covering Parish's salary where they state:-

The accounts do not reveal the name of the club’s highest paid director – it is assumed to be Parish – but it does show that they were paid £2,150,000, which is the fourth highest director remuneration in English football. Only Tottenham, Arsenal and Manchester United pay any of their directors more.

Palace’s unnamed director also qualified for a contractual bonus in this financial year, though this amount was waived and reinvested in the club.

I haven't rechecked the accounts but I'm sure that the £2.15m was the total fees / salary voted to Parish and I'm sure that this excessive amount which was subsequently ploughed back into the club was down to an accounting exercise rather than a lining of the back pocket.

The article is here [Link]

Ginger Pubic Wig Wickham de L'Ouest 26 Jun 18 3.09pm
Originally posted by Midlands Eagle Interesting article in a paper / blog that I've never heard of where they claim that the delay in issuing the accounts was put down to changes in the way its accountants wanted to show internal, inter-company loans. If true I'm guessing that the auditors got their own way otherwise they wouldn't have signed off the accounts but I'm interested to know what version one was. I believe that there was a mistake in the analysis in the bit covering Parish's salary where they state:- The accounts do not reveal the name of the club’s highest paid director – it is assumed to be Parish – but it does show that they were paid £2,150,000, which is the fourth highest director remuneration in English football. Only Tottenham, Arsenal and Manchester United pay any of their directors more. Palace’s unnamed director also qualified for a contractual bonus in this financial year, though this amount was waived and reinvested in the club. I haven't rechecked the accounts but I'm sure that the £2.15m was the total fees / salary voted to Parish and I'm sure that this excessive amount which was subsequently ploughed back into the club was down to an accounting exercise rather than a lining of the back pocket. The article is here [Link] I feel you're giving that article too much credibility. Who're inside croydon to get the inside track on why there was the delay, and why do they just state it as an aside like this when it's a nice little scooplet? My view is that the issue was due diligence that the 3m retained deposit was a genuine third-party transaction but -- i suspect like inside croydon -- i have no inside track on that. it's just the most likely scenario my small brain can think of. If you want to live in a world full of kindness, respect and love, try to show these qualities.

Ginger Pubic Wig

Wickham de L'Ouest 26 Jun 18 3.09pm

Originally posted by Midlands Eagle

If true I'm guessing that the auditors got their own way otherwise they wouldn't have signed off the accounts but I'm interested to know what version one was.

I believe that there was a mistake in the analysis in the bit covering Parish's salary where they state:-

Palace’s unnamed director also qualified for a contractual bonus in this financial year, though this amount was waived and reinvested in the club.

The article is here [Link]

I feel you're giving that article too much credibility. Who're inside croydon to get the inside track on why there was the delay, and why do they just state it as an aside like this when it's a nice little scooplet? My view is that the issue was due diligence that the 3m retained deposit was a genuine third-party transaction but -- i suspect like inside croydon -- i have no inside track on that. it's just the most likely scenario my small brain can think of.

If you want to live in a world full of kindness, respect and love, try to show these qualities.

Midlands Eagle 26 Jun 18 3.27pm
Originally posted by Ginger Pubic Wig My view is that the issue was due diligence that the 3m retained deposit was a genuine third-party transaction but -- i suspect like inside croydon -- i have no inside track on that. it's just the most likely scenario my small brain can think of. I'm not so sure as that is the sort of thing that is normally sorted out with a meeting lasting no more than one hour. The two options for treatment are 1) taking it into income which increases profits and 2) putting it in creditors as an item that is possibly to be paid back, which wouldn't affect profits. Without any inside knowledge whatsoever I do think that intercompany transactions are more likely to be at the root of the delay otherwise why have such a convoluted shareholding structure

Midlands Eagle

26 Jun 18 3.27pm

Originally posted by Ginger Pubic Wig

My view is that the issue was due diligence that the 3m retained deposit was a genuine third-party transaction but -- i suspect like inside croydon -- i have no inside track on that. it's just the most likely scenario my small brain can think of.

I'm not so sure as that is the sort of thing that is normally sorted out with a meeting lasting no more than one hour.

The two options for treatment are 1) taking it into income which increases profits and 2) putting it in creditors as an item that is possibly to be paid back, which wouldn't affect profits.

Without any inside knowledge whatsoever I do think that intercompany transactions are more likely to be at the root of the delay otherwise why have such a convoluted shareholding structure

Ginger Pubic Wig Wickham de L'Ouest 26 Jun 18 4.15pm
Originally posted by Midlands Eagle I'm not so sure as that is the sort of thing that is normally sorted out with a meeting lasting no more than one hour. The two options for treatment are 1) taking it into income which increases profits and 2) putting it in creditors as an item that is possibly to be paid back, which wouldn't affect profits. Without any inside knowledge whatsoever I do think that intercompany transactions are more likely to be at the root of the delay otherwise why have such a convoluted shareholding structure fair dues If you want to live in a world full of kindness, respect and love, try to show these qualities.

Ginger Pubic Wig

Wickham de L'Ouest 26 Jun 18 4.15pm

Originally posted by Midlands Eagle

I'm not so sure as that is the sort of thing that is normally sorted out with a meeting lasting no more than one hour.

The two options for treatment are 1) taking it into income which increases profits and 2) putting it in creditors as an item that is possibly to be paid back, which wouldn't affect profits.

Without any inside knowledge whatsoever I do think that intercompany transactions are more likely to be at the root of the delay otherwise why have such a convoluted shareholding structure

fair dues

If you want to live in a world full of kindness, respect and love, try to show these qualities.

Goldfiinger Just down the road 26 Jun 18 7.22pm
Shall we just all agree that we haven’t got a scooby what happened.

Goldfiinger

Just down the road 26 Jun 18 7.22pm

Shall we just all agree that we haven’t got a scooby what happened.

Midlands Eagle 29 Mar 19 8.25am
CPFC2010 have just two days left to file the 2018 accounts otherwise it all kicks off once again

Midlands Eagle

29 Mar 19 8.25am

CPFC2010 have just two days left to file the 2018 accounts otherwise it all kicks off once again

Midlands Eagle 01 Apr 19 10.51am
Here we go again. It's a sad state of affairs that a company like Palace can't fulfil it's statutory duties to file their accounts on time when larger and more complicated companies can manage it

Midlands Eagle

01 Apr 19 10.51am

Here we go again.

It's a sad state of affairs that a company like Palace can't fulfil it's statutory duties to file their accounts on time when larger and more complicated companies can manage it

kenbarr Jackson Heights, Queens, New York ... 01 Apr 19 12.20pm
Gee, I wonder what today’s date is?!?! Divorced...And LOVING it! VJRAM Rev. CPFC since Boxing Day 1989 CPFC 2-2 CFC Gregg Berhalter, US International & USMNT Head Coach Jill Ellis, England International & Retired USWNT Head Coach Trevor Francis, International PRAT

kenbarr

Jackson Heights, Queens, New York ... 01 Apr 19 12.20pm

Gee, I wonder what today’s date is?!?!

Divorced...And LOVING it!
VJRAM Rev.
CPFC since Boxing Day 1989 CPFC 2-2 CFC
Gregg Berhalter, US International & USMNT Head Coach
Jill Ellis, England International & Retired USWNT Head Coach
Trevor Francis, International PRAT

robdave2k 01 Apr 19 12.45pm
Due to the size of the company they have to go in by post, so it’s possible they have been received For example last year’s were received by Companies House on15/6, but not put on the register until the 19/6.

robdave2k

01 Apr 19 12.45pm

Due to the size of the company they have to go in by post, so it’s possible they have been received

For example last year’s were received by Companies House on15/6, but not put on the register until the 19/6.

bexleydave Barnehurst 01 Apr 19 12.52pm
Originally posted by Midlands Eagle Here we go again. It's a sad state of affairs that a company like Palace can't fulfil it's statutory duties to file their accounts on time when larger and more complicated companies can manage it They're currently with a 3* Michelin chef, before being passed on to a fully qualified masseuse Bexley Dave Can you hear the Brighton sing? I can't hear a ******* thing! "The most arrogant, obnoxious bunch of deluded little sun tanned, loafer wearing mummy's boys I've ever had the misfortune of having to listen to" (Burnley forum)

bexleydave

Barnehurst 01 Apr 19 12.52pm

Originally posted by Midlands Eagle

Here we go again.

It's a sad state of affairs that a company like Palace can't fulfil it's statutory duties to file their accounts on time when larger and more complicated companies can manage it

They're currently with a 3* Michelin chef, before being passed on to a fully qualified masseuse

Bexley Dave

Can you hear the Brighton sing? I can't hear a ******* thing!

"The most arrogant, obnoxious bunch of deluded little sun tanned, loafer wearing mummy's boys I've ever had the misfortune of having to listen to" (Burnley forum)

chris123 hove actually 01 Apr 19 1.23pm
Originally posted by robdave2k Due to the size of the company they have to go in by post, so it’s possible they have been received For example last year’s were received by Companies House on15/6, but not put on the register until the 19/6. And just after the company got a warning it would be struck off, the company dissolved and Wilf and co belong to the crown.

chris123

hove actually 01 Apr 19 1.23pm

Originally posted by robdave2k

Due to the size of the company they have to go in by post, so it’s possible they have been received

For example last year’s were received by Companies House on15/6, but not put on the register until the 19/6.

And just after the company got a warning it would be struck off, the company dissolved and Wilf and co belong to the crown.

Forest Hillbilly in a hidey-hole 01 Apr 19 7.18pm
Originally posted by bexleydave They're currently with a 3* Michelin chef, before being passed on to a fully qualified masseuse Then the accounts will be shredded and sent to David Hockney, who will construct the most fanciful of paper mache sculptures. I disengage, I turn the page.

Forest Hillbilly

in a hidey-hole 01 Apr 19 7.18pm

Originally posted by bexleydave

They're currently with a 3* Michelin chef, before being passed on to a fully qualified masseuse

Then the accounts will be shredded and sent to David Hockney, who will construct the most fanciful of paper mache sculptures.

I disengage, I turn the page.

bexleydave Barnehurst 02 Apr 19 8.53am
Originally posted by Forest Hillbilly Then the accounts will be shredded and sent to David Hockney, who will construct the most fanciful of paper mache sculptures. Bexley Dave Can you hear the Brighton sing? I can't hear a ******* thing! "The most arrogant, obnoxious bunch of deluded little sun tanned, loafer wearing mummy's boys I've ever had the misfortune of having to listen to" (Burnley forum)

bexleydave

Barnehurst 02 Apr 19 8.53am

Originally posted by Forest Hillbilly

Then the accounts will be shredded and sent to David Hockney, who will construct the most fanciful of paper mache sculptures.

Bexley Dave

Can you hear the Brighton sing? I can't hear a ******* thing!

"The most arrogant, obnoxious bunch of deluded little sun tanned, loafer wearing mummy's boys I've ever had the misfortune of having to listen to" (Burnley forum)

Ginger Pubic Wig Wickham de L'Ouest 02 Apr 19 1.56pm
does recidivism matter with this sort of thing? If you want to live in a world full of kindness, respect and love, try to show these qualities.

Ginger Pubic Wig

Wickham de L'Ouest 02 Apr 19 1.56pm

does recidivism matter with this sort of thing?

If you want to live in a world full of kindness, respect and love, try to show these qualities.

Midlands Eagle 02 Apr 19 2.13pm
Originally posted by Ginger Pubic Wig does recidivism matter with this sort of thing? it looks like it

Midlands Eagle

02 Apr 19 2.13pm

Originally posted by Ginger Pubic Wig

does recidivism matter with this sort of thing?

it looks like it

becky over the moon 02 Apr 19 2.39pm
Originally posted by Forest Hillbilly Then the accounts will be shredded and sent to David Hockney, who will construct the most fanciful of paper mache sculptures. Hmmmm, a Banksy/Hockney collaboration - could be interesting A stairway to Heaven and a Highway to Hell give some indication of expected traffic numbers

becky

over the moon 02 Apr 19 2.39pm

Originally posted by Forest Hillbilly

Then the accounts will be shredded and sent to David Hockney, who will construct the most fanciful of paper mache sculptures.

Hmmmm, a Banksy/Hockney collaboration - could be interesting

A stairway to Heaven and a Highway to Hell give some indication of expected traffic numbers

bexleydave Barnehurst 02 Apr 19 3.52pm
Originally posted by becky Hmmmm, a Banksy/Hockney collaboration - could be interesting It's going to be called "A Bigger Shred". Bexley Dave Can you hear the Brighton sing? I can't hear a ******* thing! "The most arrogant, obnoxious bunch of deluded little sun tanned, loafer wearing mummy's boys I've ever had the misfortune of having to listen to" (Burnley forum)

bexleydave

Barnehurst 02 Apr 19 3.52pm

Originally posted by becky

Hmmmm, a Banksy/Hockney collaboration - could be interesting

It's going to be called "A Bigger Shred".

Bexley Dave

Can you hear the Brighton sing? I can't hear a ******* thing!

"The most arrogant, obnoxious bunch of deluded little sun tanned, loafer wearing mummy's boys I've ever had the misfortune of having to listen to" (Burnley forum)

robdave2k 02 Apr 19 5.25pm
Originally posted by chris123 And just after the company got a warning it would be struck off, the company dissolved and Wilf and co belong to the crown. There was sold all chance of them being struck off. Any creditor could have objected, Parish, other clubs, HMRC etc

robdave2k

02 Apr 19 5.25pm

Originally posted by chris123

And just after the company got a warning it would be struck off, the company dissolved and Wilf and co belong to the crown.

There was sold all chance of them being struck off.

Any creditor could have objected, Parish, other clubs, HMRC etc

Midlands Eagle 02 Apr 19 7.29pm
Originally posted by robdave2k There was sold all chance of them being struck off. Any creditor could have objected, Parish, other clubs, HMRC etc I spot a sense of humour bypass. You wouldn't happen to be a Chartered Accountant by any chance

Midlands Eagle

02 Apr 19 7.29pm

Originally posted by robdave2k

There was sold all chance of them being struck off.

Any creditor could have objected, Parish, other clubs, HMRC etc

I spot a sense of humour bypass. You wouldn't happen to be a Chartered Accountant by any chance

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