Kieran Maguire has made some interesting comments on Twitter, similar to mine…
It’s on the RAFC Forum (Barrow (A) thread)
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I was sceptical about the persistent rumour that there was/is a covenant restricting / inhibiting the use of Brunton Park.
But a person of impeccable character has actually seen the covenant document within the last decade. It specifies "Football use only".
Thus Brunton Park being categorised as a piece of land on a flood plain that has been actually comprehensively flooded twice within easy living memory and there being a seriously restrictive covenant on it, the real value of Brunton Park is almost fuck all. In the accounts the value of land and buildings should literally have been stated as "almost fuck all". But there is a rule of accountancy that the value of some assets can be stated as what it would cost to replace them. This is what is being used. Of course it is not the real value which is "almost fuck all" and should be in the accounts as that.
Last edited by _Stefan_Kuntz; 03-01-2023 at 09:51 PM.
Kieran Maguire has made some interesting comments on Twitter, similar to mine…
It’s on the RAFC Forum (Barrow (A) thread)
Page 4 of this:
https://www.fansnetwork.co.uk/footba...909/page:4/#79
The full audited accounts for Carlisle United 1921 Limited to year end 30th June 2022 are now showing at Companies House here :- https://find-and-update.company-info...filing-history
The same accounts have been available since 3rd January on the club website here :- https://www.carlisleunited.co.uk/sit...etailed-pl.pdf
Last edited by _Stefan_Kuntz; 04-01-2023 at 02:02 PM.
It’s never over ‘til it’s over…….
Hmmm… game on & I having upgraded my Jaguar, I still have JLR assistance not the AA 🤷*♂️ & understand warning lights… low tyre pressure is not low water 😀..
When I said a friend, I was not speaking for me 😎
Ever since the days when dinosaurs ruled the Earth the Carlisle United accounts have been submitted to Companies House several days before the embarrassment of a Late Filing Penalty would be levied, at the beginning of April.
Yet this time the accounts were finished by 9th December, audited by 14th December, arrived at Companies House on 21st December, were on the club's web site by 3rd January and were showing on the Companies House web site on 4th January.
Has some event of major force happened to inspire such improvement?
Griff’s welly’s 😎
Maybe filed early because the auditors look forward at cashflow 12 months from signing the accounts?Cash will be diminishing just now so easier for the directors to sign them off now.