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Author Topic: The Long Awaited Accounts....  (Read 67322 times)

Offline kippaxvilla2

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The Long Awaited Accounts....
« on: March 08, 2016, 10:49:55 PM »
Are imminent.  I just went onto Companies House and they are 'processing' the images.  It is saying they will be viewable within 5 days.  It is normally sooner....

Offline ciggiesnbeer

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Re: The Long Awaited Accounts....
« Reply #1 on: March 08, 2016, 10:53:59 PM »
I hope we see us making a tidy profit I really do. I would sooner rage against the club not re investing profits versus realising we still have yet more austerity to come to try and get into the black.

Offline kippaxvilla2

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Re: The Long Awaited Accounts....
« Reply #2 on: March 08, 2016, 10:56:36 PM »
Of course, and it is an obvious point, it won't be reflective of last summer's incoming and outgoings which could be more relevant - but we will have another year for those be published.

Offline ciggiesnbeer

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Re: The Long Awaited Accounts....
« Reply #3 on: March 08, 2016, 11:01:21 PM »
Aye, but we should be able to put together a trajectory indicating how we are doing now I hope. I seem to recall after the last accounts we guessed that we would be profitable or thereabouts for the next one? I forget. I just want my clubs philosophy to change to "playing some entertaining football" as opposed to "stop the financial losses" which is what it has been for too long.

Offline sickbeggar

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Re: The Long Awaited Accounts....
« Reply #4 on: March 09, 2016, 12:24:09 AM »
I hope we see us making a tidy profit I really do. I would sooner rage against the club not re investing profits versus realising we still have yet more austerity to come to try and get into the black.

lol!

Online cdbullyweefan

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Re: The Long Awaited Accounts....
« Reply #5 on: March 09, 2016, 12:51:00 AM »
Love this time of year. Other clubs get excited about the transfer window.

I spend all season looking forward to Risso's accounts report.

Online eamonn

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Re: The Long Awaited Accounts....
« Reply #6 on: March 09, 2016, 01:05:09 AM »
If this doesn't bring back Villadawg, what will?

Offline Risso

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Re: The Long Awaited Accounts....
« Reply #7 on: March 09, 2016, 08:31:39 AM »
Of course, and it is an obvious point, it won't be reflective of last summer's incoming and outgoings which could be more relevant - but we will have another year for those be published.

Fear not, the Post Balance Sheet Events note is you friend. It will detail all major incomings and outgoings between 31 May and the date the accounts were signed. Obviously it won't have much to say about January.

Offline kippaxvilla2

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Re: The Long Awaited Accounts....
« Reply #8 on: March 09, 2016, 09:11:19 AM »
Ah yes the PBSE...hopefully to say something like 'we now know that the main risks to the business highlighted in the Directors' report are set to become a reality....aka we are fecked.'

Offline AVH87

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Re: The Long Awaited Accounts....
« Reply #9 on: March 09, 2016, 10:32:55 AM »
I note from Companies House that Robin Russell the ex Chief Financial Officer left last month, can't remember the club releasing details of that at the time?

Offline kippaxvilla2

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Re: The Long Awaited Accounts....
« Reply #10 on: March 09, 2016, 10:50:20 AM »
There was some press about it but I don't think the club offered it up as an announcement.

Offline MillerBall

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Re: The Long Awaited Accounts....
« Reply #11 on: March 09, 2016, 01:36:13 PM »
 >:(Given the total lack of quality foofball we have seen for many seasons from our "brave boys" I wonder if there may be a section under "Income" to reflect proposed "Partnership Facilitation Services" (i.e. we are helping other teams to play their football because we have given up ourselves and we now receive income for this).

Can the Accountants among us advise if Gabbi will be classed as a fixed asset due to the total lack of movement? Is there such a thing as a "Fixed Liability."

Presumably at the time these accounts were prepared there would have been a perception that our "players" were indeed assets as opposed to (in some cases) where they are now liabilities (Brad Gazzoony for instance may have perhaps been the subject of some demand last summer but it would be almost impossible to see any demand now where anybody would pay a fee).

In the words of the illustrious Peter Cook and Dudley Moore a reasonable question to the Villa Board and its absentee owner will doubtless be "Is that the way to run a F*****g Ballroom."




Offline ktvillan

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Re: The Long Awaited Accounts....
« Reply #12 on: March 09, 2016, 04:40:50 PM »
Fixed liability - very good. And apt.

Offline kippaxvilla2

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Re: The Long Awaited Accounts....
« Reply #13 on: March 10, 2016, 08:37:04 AM »
Revenue slightly down due to lower TV revenue, gate receipts were up.  115.7m.

Pre tax loss 27.8m increased from 3.9m previous year.

Net debt reduced to 30m from 102m.

Club remains for sale but no active discussions with potential buyer.

Oh and commercial revenue was actually down 2.6m to 19m.
« Last Edit: March 10, 2016, 08:39:51 AM by kippaxvilla2 »

Offline myf

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Re: The Long Awaited Accounts....
« Reply #14 on: March 10, 2016, 08:40:46 AM »
All very worrying...

 


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