parsforlife Posted March 19 Report Share Posted March 19 10 hours ago, parsforlife said: I can't be ***ed trawling back far enough but certainly in later years prior to the outside investment we published the same minimal level of detail as we have now. Maybe more detailed accounts were made available to shareholders etc, but not what was put on companies house. Ok, so now I have been bothered. 14/15 p&l published 15/16 abbreviated accounts published Every year since has been the same level of detail as this year Quote Link to comment Share on other sites More sharing options...
DA-go Par Adonis Posted March 19 Report Share Posted March 19 (edited) The annual report for year ended 31st May 2021 has a P&L account on page 13. Alongside it is the P&L for year ended May 2020. I've not gone any further back than that, however. Edited March 19 by DA-go Par Adonis 1 Quote Link to comment Share on other sites More sharing options...
Digs Posted March 19 Report Share Posted March 19 6 hours ago, DA-go Par Adonis said: The annual report for year ended 31st May 2021 has a P&L account on page 13. Alongside it is the P&L for year ended May 2020. I've not gone any further back than that, however. So basically what was said in the meeting last week wasn't true - "we've never published P&L" Quote Link to comment Share on other sites More sharing options...
DA-go Par Adonis Posted March 19 Report Share Posted March 19 There's no level of detail in it - so it depends on the wording of the answer. If it was a flat 'no' then they were mistaken. Quote Link to comment Share on other sites More sharing options...
Digs Posted March 19 Report Share Posted March 19 1 hour ago, DA-go Par Adonis said: There's no level of detail in it - so it depends on the wording of the answer. If it was a flat 'no' then they were mistaken. Yeah, it was a pretty adamant answer to the questions of why we haven't published P&L. Another fan rep answered that small companies don't have to, which he was correct in that we utilise the 'small company' rule to allow us to do that, but it was quickly followed by David Cook saying that we have never published P&L. Now, he could have been mistaken or didn't know, or he could have meant, '...in his time there'. That wasn't made clear though. Quote Link to comment Share on other sites More sharing options...
Piracy Posted March 19 Report Share Posted March 19 I asked last Thursday why the club hadn't supplied profit & loss detail in the accounts. David Cook said the club never has. I said Im sure they had previously, I was told no, that was wrong. I took David Cook at his word, and in my summary of the meeting I said I stood corrected. But I had read up on stuff before the meeting and was aware there's no legal obligation to publish P&L detail. As I have also said previously, that's the clubs perogative. Quote Link to comment Share on other sites More sharing options...
DA-go Par Adonis Posted March 19 Report Share Posted March 19 You can ascertain the loss/profit from the change in the balance sheet figure from the previous year. When they have published the P&L (the ones I saw anyway), they have a handful of headings and the gross and net profit figures - so it wouldn't satisfy those who were looking for definitive answers as to why we were spending more than we brought in. 1 Quote Link to comment Share on other sites More sharing options...
Eastendtales Posted March 19 Report Share Posted March 19 They're obviously keeping it close at hand. Not sure if to stop rival clubs getting a sniff inside or to avoid further explanations or scrutiny. Quote Link to comment Share on other sites More sharing options...
Piracy Posted March 20 Report Share Posted March 20 Morton have a video up on YouTube from Tuesday 19/03 explaining the accounts for 2022/2023. Worth a watch. Income against expenditure. Quote Link to comment Share on other sites More sharing options...
da_no_1 Posted March 20 Report Share Posted March 20 (edited) Playing devils' advocate here - making an 88k profit looks fantastic but (& I know **** all about accounts) they declare over 250k in cup run cash & over 100k in "other" income. Would a list like this suffice & allay fears? And a youth academy that costs 12k a year? Edited March 20 by da_no_1 Quote Link to comment Share on other sites More sharing options...
Grant Posted March 20 Author Report Share Posted March 20 3 hours ago, da_no_1 said: Playing devils' advocate here - making an 88k profit looks fantastic but (& I know **** all about accounts) they declare over 250k in cup run cash & over 100k in "other" income. Would a list like this suffice & allay fears? And a youth academy that costs 12k a year? Depends on the individual, but for me aye. I don't know the exacts on Morton situation but they were vocal last year about how the draw away at Celtic allowed them to increase there player budget. Quote Link to comment Share on other sites More sharing options...
Eastendtales Posted March 20 Report Share Posted March 20 What is Dalrada? Quote Link to comment Share on other sites More sharing options...
SanguinePar Posted March 20 Report Share Posted March 20 44 minutes ago, Eastendtales said: What is Dalrada? Stadium naming rights. At least they know what they got for it, unlike us. Or, actually, looks like they're kit sponsors too, so may be that. Quote Link to comment Share on other sites More sharing options...
DA-go Par Adonis Posted March 20 Report Share Posted March 20 Looking forward to the game at the DTUK on Saturday. 1 Quote Link to comment Share on other sites More sharing options...
SanguinePar Posted March 20 Report Share Posted March 20 1 hour ago, DA-go Par Adonis said: Looking forward to the game at the DTUK on Saturday. Get it right mate, it's actually CPSBDTUK. Quote Link to comment Share on other sites More sharing options...
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