sjk2008 Posted August 5, 2019 Share Posted August 5, 2019 22 minutes ago, UsedtobeWozzer said: For accounting periods commencing on or after 1/1/16 companies must file at companies house what they prepare for their shareholders. We have. The concept of preparing full financial statements for the shareholders (and HMRC) and a reduced disclosure set for Co House ended for all companies with accounting year ends after 31/12/16. You might not like it (I don’t) but he’s done nothing illegal. Is that what this explanation relates to: 11.6 Small company abridged accounts The Companies, Partnerships and Groups (Accounts and Reports) Regulations 2015introduced the concept of abridged accounts. Abridged accounts contain a balance sheet that contains a sub-set of the information that is included in a full balance sheet. Likewise, the profit and loss account may also contain a sub-set of the information that is included in a full profit and loss account. Companies must now prepare and file the same set of accounts for its members as for the public record. This means that a company will decide at the point they are preparing their accounts whether or not to abridge them (or to prepare micro entity accounts). Previously a company would prepare full accounts for its members and would then decide whether or not to abbreviate them for the public record. If you opt to file an abridged balance sheet and/or profit & loss account then you must include a statement on the balance sheet that the members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A). If so, does that final sentence mean the entirety of the board (Darren included) must have given consent for an abridged version of the accounts t be published instead of a full set? Link to comment Share on other sites More sharing options...
leeslover Posted August 5, 2019 Share Posted August 5, 2019 I'll take a guess that the accounts were approved before the additions to the board were finalised... Link to comment Share on other sites More sharing options...
Dave_Og Posted August 5, 2019 Share Posted August 5, 2019 12 minutes ago, sjk2008 said: If so, does that final sentence mean the entirety of the board (Darren included) must have given consent for an abridged version of the accounts t be published instead of a full set? Darren wasn't on the board on the relevant date Link to comment Share on other sites More sharing options...
HarryBosch Posted August 5, 2019 Share Posted August 5, 2019 3 hours ago, Lee Sinnott said: They aren't gonna get access to them. Ever. So my suggestion is, like I mentioned last week, is sack their 3 percent off and become an IST. They would get a lot more support and trust (no pun intended) from us lot than they are getting right now... and then what..? Link to comment Share on other sites More sharing options...
Lee Sinnott Posted August 5, 2019 Share Posted August 5, 2019 13 minutes ago, HarryBosch said: and then what..? Then we're probably in the same position we are at the moment, but at least we would know the Supporters Trust represent us and they would know we're behind them. I have no problem with any individual at the Trust, but as an organisation, they are nothing short of a joke and to say they represent us fans is an absolute piss take. Abdallah, Mo and Bullshit Baz (Hi again Barry) will all be laughing their cocks off at the Trust at the moment... Link to comment Share on other sites More sharing options...
jorvik_latic Posted August 5, 2019 Share Posted August 5, 2019 34 minutes ago, UsedtobeWozzer said: Ah, in that case apologies, too many mini threads in one thread! Yeah. The Pensions Regulator regularly take companies to court for breaches... https://www.thepensionsregulator.gov.uk/en/document-library/enforcement-activity/penalty-notices Link to comment Share on other sites More sharing options...
Dave_Og Posted August 5, 2019 Share Posted August 5, 2019 10 minutes ago, jorvik_latic said: Yeah. The Pensions Regulator regularly take companies to court for breaches... https://www.thepensionsregulator.gov.uk/en/document-library/enforcement-activity/penalty-notices Just what we need, an unbudgeted bill Link to comment Share on other sites More sharing options...
Kusunga_Is_God Posted August 5, 2019 Share Posted August 5, 2019 2 hours ago, Clifford said: Why would you sit there on a board if you can't even see the finances of the company you are on the board of? Step down from the board, retain the 3% because you can and start to work for the fans against the disease that is killing the club. Free club tie and a free lunch Link to comment Share on other sites More sharing options...
HarryBosch Posted August 5, 2019 Share Posted August 5, 2019 27 minutes ago, Lee Sinnott said: Then we're probably in the same position we are at the moment, but at least we would know the Supporters Trust represent us and they would know we're behind them. I have no problem with any individual at the Trust, but as an organisation, they are nothing short of a joke and to say they represent us fans is an absolute piss take. Abdallah, Mo and Bullshit Baz (Hi again Barry) will all be laughing their cocks off at the Trust at the moment... But surely it's better to have the 3% and a place on the board if that allows them to influence just one thing for the greater good at some point... We do need a separate Independents Supports Association though who can do what the fuck they want/not have to play nice.... Link to comment Share on other sites More sharing options...
fleetwood Blue Posted August 5, 2019 Share Posted August 5, 2019 3 minutes ago, HarryBosch said: But surely it's better to have the 3% and a place on the board if that allows them to influence just one thing for the greater good at some point... We do need a separate Independents Supports Association though who can do what the fuck they want/not have to play nice.... Problem is AL will not/does not accept any help or advice..He will continue to do things his way as he believes he is doing everything right.. The trust have the most pointless stake in this club, im surprised AL hasnt attempted to buy the 3% in the cheap as he knows they cant do much with it.. By rights all shareholders should be allowed access to company accounts but AL just fobs them off.. Link to comment Share on other sites More sharing options...
Lee Sinnott Posted August 5, 2019 Share Posted August 5, 2019 8 minutes ago, HarryBosch said: But surely it's better to have the 3% and a place on the board if that allows them to influence just one thing for the greater good at some point... They're influencing absolutely nothing... Link to comment Share on other sites More sharing options...
singe Posted August 5, 2019 Share Posted August 5, 2019 56 minutes ago, leeslover said: I'll take a guess that the accounts were approved before the additions to the board were finalised... When there was only 1 Board Member to consult about whether to submit abbreviated accounts from that point forward? Link to comment Share on other sites More sharing options...
rudemedic Posted August 5, 2019 Share Posted August 5, 2019 16 minutes ago, Kusunga_Is_God said: Free club tie and a free lunch Free travel to away games. Free tickets. Other travel costs. Free booze with your free lunch. Halftime snack. Seriously, being a football club board member can easily be worth around £5k pa, if you compare it to prices at football grounds. Link to comment Share on other sites More sharing options...
HarryBosch Posted August 5, 2019 Share Posted August 5, 2019 2 minutes ago, fleetwood Blue said: Problem is AL will not/does not accept any help or advice..He will continue to do things his way as he believes he is doing everything right.. The trust have the most pointless stake in this club, im surprised AL hasnt attempted to buy the 3% in the cheap as he knows they cant do much with it.. By rights all shareholders should be allowed access to company accounts but AL just fobs them off.. Just now, Lee Sinnott said: They're influencing absolutely nothing... But I still don't see why you want them to give up the 3%. And, anyway, people (not me) paid for that didn't they? Link to comment Share on other sites More sharing options...
HarryBosch Posted August 5, 2019 Share Posted August 5, 2019 Just now, rudemedic said: Free travel to away games. Free tickets. Other travel costs. Free booze with your free lunch. Halftime snack. Seriously, being a football club board member can easily be worth around £5k pa, if you compare it to prices at football grounds. What small minded bollocks. Who cares? Link to comment Share on other sites More sharing options...
Lee Sinnott Posted August 5, 2019 Share Posted August 5, 2019 3 minutes ago, HarryBosch said: What small minded bollocks. Who cares? Barry Owen. Simon Brooke. Darren Radcliffe... Link to comment Share on other sites More sharing options...
al_bro Posted August 5, 2019 Share Posted August 5, 2019 1 hour ago, UsedtobeWozzer said: For accounting periods commencing on or after 1/1/16 companies must file at companies house what they prepare for their shareholders. We have. The concept of preparing full financial statements for the shareholders (and HMRC) and a reduced disclosure set for Co House ended for all companies with accounting year ends after 31/12/16. You might not like it (I don’t) but he’s done nothing illegal. This case is after 31/12/16 and he does have to share full unabbreviated accounts to a minority shareholder. https://www.accountingweb.co.uk/any-answers/accountant-have-to-provide-accounts-to-shareholder Link to comment Share on other sites More sharing options...
underdog Posted August 5, 2019 Share Posted August 5, 2019 15 minutes ago, HarryBosch said: But surely it's better to have the 3% and a place on the board if that allows them to influence just one thing for the greater good at some point... We do need a separate Independents Supports Association though who can do what the fuck they want/not have to play nice.... FSA state we are better with it than without as its the legal entitlement the Club board should be getting. Bearing in mind it was only legal by the registering of Club board members at Companies House last Monday. Oppressed minority shareholder has been banded about. Without it than yes, the owner is not obliged to even give you the time of day. I am sure there used to be an independant supporters association. Didn't the medium chap try to launch one last season? Link to comment Share on other sites More sharing options...
kowenicki Posted August 5, 2019 Share Posted August 5, 2019 3 minutes ago, underdog said: FSA state we are better with it than without as its the legal entitlement the Club board should be getting. Bearing in mind it was only legal by the registering of Club board members at Companies House last Monday. Oppressed minority shareholder has been banded about. Without it than yes, the owner is not obliged to even give you the time of day. I am sure there used to be an independant supporters association. Didn't the medium chap try to launch one last season? With less than 5% he’s not obliged to give you much more to be honest. Link to comment Share on other sites More sharing options...
archiecat Posted August 5, 2019 Share Posted August 5, 2019 5 minutes ago, underdog said: FSA state we are better with it than without as its the legal entitlement the Club board should be getting. Bearing in mind it was only legal by the registering of Club board members at Companies House last Monday. Oppressed minority shareholder has been banded about. Without it than yes, the owner is not obliged to even give you the time of day. I am sure there used to be an independent supporters association. Didn't the medium chap try to launch one last season? Link to comment Share on other sites More sharing options...
kowenicki Posted August 5, 2019 Share Posted August 5, 2019 18 minutes ago, rudemedic said: Free travel to away games. Free tickets. Other travel costs. Free booze with your free lunch. Halftime snack. Seriously, being a football club board member can easily be worth around £5k pa, if you compare it to prices at football grounds. Not to mention the networking for potential future personal gain... I’m sure none of the ex trust appointed directors have done that though. Link to comment Share on other sites More sharing options...
deyres42 Posted August 5, 2019 Share Posted August 5, 2019 ^ Green eyed monsters well and truly out to play... Link to comment Share on other sites More sharing options...
underdog Posted August 5, 2019 Share Posted August 5, 2019 4 minutes ago, kowenicki said: With less than 5% he’s not obliged to give you much more to be honest. Could be but its written in the Club's own article's of association of our entitlement and equal parity voting. Link to comment Share on other sites More sharing options...
sjk2008 Posted August 5, 2019 Share Posted August 5, 2019 11 minutes ago, underdog said: Could be but its written in the Club's own article's of association of our entitlement and equal parity voting. Has it hit home yet that trying to work with AL & co is a dead end or do you still trust he'll become open and transparent with you (The Trust)? Link to comment Share on other sites More sharing options...
underdog Posted August 5, 2019 Share Posted August 5, 2019 4 minutes ago, sjk2008 said: Has it hit home yet that trying to work with AL & co is a dead end or do you still trust he'll become open and transparent with you (The Trust)? We are a company and we have to follow all necessary steps/exhaust all routes available to us as representing the members and fans of OAFC So if we are at the point of no return, no person, fellow fan or legal entity can say we did not try. Lets all hope it does not get to that point. Link to comment Share on other sites More sharing options...
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