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October 23 2020 3.25am

CPFC 2010 Accounts Overdue

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View Midlands Eagle's Profile Midlands Eagle Flag 19 Jun 18 12.43pm Send a Private Message to Midlands Eagle Add Midlands Eagle as a friend

I've just had my email to say the accounts have been filed and will be available in five days.

 

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View Ginger Pubic Wig's Profile Ginger Pubic Wig Flag Wickham de L'Ouest 19 Jun 18 1.51pm Send a Private Message to Ginger Pubic Wig Add Ginger Pubic Wig as a friend

huzzah. well done palace. better late than never.

 


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

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View bexleydave's Profile bexleydave Flag Barnehurst 19 Jun 18 2.12pm Send a Private Message to bexleydave Holmesdale Online Elite Member Add bexleydave as a friend

Originally posted by Midlands Eagle

I've just had my email to say the accounts have been filed and will be available in five days.

That's good.

 


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)

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View Spiderman's Profile Spiderman Flag Horsham 19 Jun 18 3.55pm Send a Private Message to Spiderman Add Spiderman as a friend

Originally posted by Cucking Funt

What is it about this club that makes it so attractive to spivs?

Don't do yourself down Cucking!

 

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View kenbarr's Profile kenbarr Flag Jackson Heights, Queens, New York ... 19 Jun 18 5.04pm Send a Private Message to kenbarr Holmesdale Online Elite Member Add kenbarr as a friend

Originally posted by Midlands Eagle

I've just had my email to say the accounts have been filed and will be available in five days.

So did I. It said the next deadline was March of 2019.

 


Divorced...And LOVING it in Andrew Cuomo's New York!
VJRAM Rev.
CPFC since Boxing Day 1989 CPFC 2-2 CFC
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View Midlands Eagle's Profile Midlands Eagle Flag 20 Jun 18 6.35am Send a Private Message to Midlands Eagle Add Midlands Eagle as a friend

The accounts are now available at Companies House.

They have been signed by both Steve Parish and the auditors on 14th June 2018 so there was obviously something financial within the club that the two parties disagreed over which was what delayed the finalising and signing off of the accounts.

The club made a reasonable profit and the only possible contentious comment that I spotted was:-

During the year the club performed well both on the pitch as well as financially and there were also matters that were resolved which benefitted the club significantly. One of these was a major income through a third party proposed investment. Whilst this investment was not completed it resulted in a large deposit being retained by the club.

There were no details given about the amount of this deposit or whether it was taken into profit or not

 

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View Y Ddraig Goch's Profile Y Ddraig Goch Flag In The Crowd 20 Jun 18 7.32am Send a Private Message to Y Ddraig Goch Add Y Ddraig Goch as a friend

Interesting that gate receipts down even though attendances up.

82% of income through TV, That needs to change long term

 


the dignified don't even enter in the game

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View Y Ddraig Goch's Profile Y Ddraig Goch Flag In The Crowd 20 Jun 18 7.33am Send a Private Message to Y Ddraig Goch Add Y Ddraig Goch as a friend

A very good thread, breaks the accounts down

 


the dignified don't even enter in the game

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View Midlands Eagle's Profile Midlands Eagle Flag 20 Jun 18 7.48am Send a Private Message to Midlands Eagle Add Midlands Eagle as a friend

Originally posted by Y Ddraig Goch

A very good thread, breaks the accounts down

It omits to mention that the operating profit includes a £4m award against our former manager which is effectively 40% of the club's net profit for the year.

I wonder whether that was the sticking point between directors and auditors as the latter may not have wanted to include it in profits if it hadn't been paid

 

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View Midlands Eagle's Profile Midlands Eagle Flag 20 Jun 18 8.07am Send a Private Message to Midlands Eagle Add Midlands Eagle as a friend

Total key management personnel compensation of £2.1m was paid in the year which I assume is Pardew's payoff

Highest paid director was paid £2,150,000 (presumably Parish)which was re-invested back into the club. I might be missing something as I don't see the point in this as £1m in income tax was payable on the salary. Why not take nothing and save the £1m?

 

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View Y Ddraig Goch's Profile Y Ddraig Goch Flag In The Crowd 20 Jun 18 8.07am Send a Private Message to Y Ddraig Goch Add Y Ddraig Goch as a friend

Originally posted by Midlands Eagle

It omits to mention that the operating profit includes a £4m award against our former manager which is effectively 40% of the club's net profit for the year.

I wonder whether that was the sticking point between directors and auditors as the latter may not have wanted to include it in profits if it hadn't been paid

If you click on the link (there's quite a few tweets) he covers that off, calls Pulis odious

 


the dignified don't even enter in the game

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View Rudi Hedman's Profile Rudi Hedman Flag Caterham 20 Jun 18 8.30am Send a Private Message to Rudi Hedman Add Rudi Hedman as a friend

Originally posted by Midlands Eagle

Total key management personnel compensation of £2.1m was paid in the year which I assume is Pardew's payoff

Highest paid director was paid £2,150,000 (presumably Parish)which was re-invested back into the club. I might be missing something as I don't see the point in this as £1m in income tax was payable on the salary. Why not take nothing and save the £1m?

Well thatís gone up. Things have obviously changed to Parish since his share has decreased, even though the club will be worth more after the new stand is finished. Thereís still the threat of relegation and being in a position of soon to be a loss making business.

People will also complain Parish haggles over minuscule sums in relation to where we are but this is a comparable sum. Iím not too fussed personally. If the club is run well. If itís run like a Leeds or Portsmouth then it wouldnít sit well, even though he owns 18% isnít it?

 


COYP

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