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Fund accounts 2016 - Late again!!! Mm11

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The Complete Mystery of Madeleine McCann™
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Fund accounts 2016 - Late again!!! Mm11

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Fund accounts 2016 - Late again!!!

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Post by sharonl 02.01.17 20:32

The statutory accounts were due to be filed at Companies House on Dec 31st

They are late again. 

That means another penalty of £150 for Madeleines' diminishing fund (that is assuming that our corrupt government hasn't exempted the McCanns from these penalties that every other company has to pay)

I am assuming that since there has been no private investigation this year and there are no investigators to pay, the only transactions this year will be the royalties from Kates' book.

Of course, there will be the costs of the McCann v Amaral trial, but them they are private costs, aren't they?.

I am no psychic but I bet that we will see a resignation of the auditors again this year.

Will post up the accounts here when the are ready.
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Post by Doug D 02.01.17 21:07

Probably not actually late.

As in previous years they have always been lodged at Companies House in the last week in December (as per the dated Companies House barcodes on the cover sheet) and it takes Companies House a week or so to actually process the vast amount of accounts that are similarly filed.

I doubt that this year will be any different.
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Post by sharonl 02.01.17 21:49

Doug D wrote:Probably not actually late.

As in previous years they have always been lodged at Companies House in the last week in December (as per the dated Companies House barcodes on the cover sheet) and it takes Companies House a week or so to actually process the vast amount of accounts that are similarly filed.

I doubt that this year will be any different.


It usually shows up In red that the documents have been submitted but not yet processed. 

They may have been delivered very late on 31st Dec, in which case they should up as being received sometime tomorrow.


According to Companies House Beta the 2014 and 2015 accounts were filed on 15th January and 7th January respectively
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Post by Verdi 02.01.17 23:48

sharonl wrote:
Doug D wrote:Probably not actually late.

As in previous years they have always been lodged at Companies House in the last week in December (as per the dated Companies House barcodes on the cover sheet) and it takes Companies House a week or so to actually process the vast amount of accounts that are similarly filed.

I doubt that this year will be any different.


It usually shows up In red that the documents have been submitted but not yet processed. 

They may have been delivered very late on 31st Dec, in which case they should up as being received sometime tomorrow.


According to Companies House Beta the 2014 and 2015 accounts were filed on 15th January and 7th January respectively
Typical - always a day late and a dollar short.  It will be interesting to see how many dollars short this year - especially campaign and merchandise costs. 

Somehow I don't think it will be of sufficient detail to warrant too much attention by Enid O'Dowd.

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Post by Doug D 03.01.17 6:59

Fund accounts 2016 - Late again!!! 0clip_image002
 
Fund accounts 2016 - Late again!!! 0clip_image004 


sharonl:
 
It usually shows up In red that the documents have been submitted but not yet processed. 
 
They may have been delivered very late on 31st Dec, in which case they should up as being received sometime tomorrow.
 
According to Companies House Beta the 2014 and 2015 accounts were filed on 15th January and 7th January respectively
 
Sorry but you’re wrong.
 
Companies House receive a huge amount of last minute submissions over the Christmas holiday period which don’t get processed, just dated and bar coded.
 
The processing team then work through them at their leisure, at which time a new date appears on the system, with a message about awaiting copying, they then get sent to the scanning team after which time they are available for everyone to see.
 
The 2014 accounts were submitted on 31st December and 2015 ones on the 23rd, thereby not incurring any ‘late’ penalties.

eta

Sorry copies not coming up. They were the front pages of the accounts showing the Companies House bar codes and dates.

They can be seen at 

https://beta.companieshouse.gov.uk

under company number 06248215
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Post by sharonl 03.01.17 18:15

Sorry Doug - Companies House are showing the 2014 accounts being filed on 15 January.  Where are  you getting your dates from?   Also, where did you get the information that no penalty was applied?
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Post by Doug D 03.01.17 19:21

Fund accounts 2016 - Late again!!! Accoun13
Fund accounts 2016 - Late again!!! Accoun14

Hopefully might have cracked it with screen grabs!

Front pages of the accounts show the Companies House barcodes and dates, showing they were received at Companies House in 'good' (only just) time.
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Post by sharonl 03.01.17 19:50

thumbsup  Thanks Doug
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Post by Doug D 05.01.17 15:37

On their way!

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Post by MayMuse 05.01.17 15:56

Doug D wrote:Fund accounts 2016 - Late again!!! Accoun13
Fund accounts 2016 - Late again!!! Accoun14

Hopefully might have cracked it with screen grabs!

Front pages of the accounts show the Companies House barcodes and dates, showing they were received at Companies House in 'good' (only just) time.
2014?

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Post by Doug D 06.01.17 11:21

Blimey, that was quick for Companies House.
 
Accounts signed off 21/12/16 and lodged 22/12/16, so as usual, not late.
 
Funds dropped by £32k, with £490k cash put into something longer term as ‘Fixed Asset - investments’.

That’ll cause some speculation! (A fixed term bond would still be classed as ‘Current Asset’ not ‘Fixed Asset’)
 
As with last year no idea of income or expenditure figures.
 
For what is effectively a publically funded entity, this lack of ‘openness’ is a disgrace.
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Post by Doug D 06.01.17 18:43

Hopefully getting to grips with posting screen grabs now.

Only bit of the three pages of accounts showing anything at all, but that's not much.

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Post by sharonl 06.01.17 20:51

So all that's happened is that they have taken almost a half million from the bank and invested it.  But where have they invested it?  And what is the return on the investment?
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Post by sammyc 06.01.17 21:24

sharonl wrote:So all that's happened is that they have taken almost a half million from the bank and invested it.  But where have they invested it?  And what is the return on the investment?
What did they say a while back about transferring  money from the official fund to another account to continue 'The Search' ? At least they have been honest for once clapping
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Post by Doug D 06.01.17 21:42

A transfer to a Fixed Asset is not the place to put accessible funds that might be needed in the short term for 'the search'.

Pure speculation, but it's an odd amount, not dissimilar to property values in a certain road in Rothley.

We also have no idea of any income received (there must surely have been something), but anything that did come in has gone out again, plus £32k, although this includes creditors reduced by £6k.
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Post by sharonl 06.01.17 22:06

sammyc wrote:
sharonl wrote:So all that's happened is that they have taken almost a half million from the bank and invested it.  But where have they invested it?  And what is the return on the investment?
What did they say a while back about transferring  money from the official fund to another account to continue 'The Search' ? At least they have been honest for once clapping

The money has been transferred from the official fund to investments unknown to us - are we going to see where these funds have been invested or how they will be used?  I doubt it.
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Post by MayMuse 07.01.17 0:44

Mmm seems they are good at "transferring".
Is it possible  an "Amaral fund" ? 
Let see hope so.

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Post by sharonl 28.12.17 20:10

It looks like the McCanns have been granted an extra month for filing the 2017 accounts - they are usually due within 9 months of the year end but this is extended to 31 January https://beta.companieshouse.gov.uk/company/06248215
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Post by Verdi 29.12.17 1:20

Maybe the auditors pinched the abacus when they cleared the desk after being sacked resigning.

Seriously though - I reckon the whole show is in the process of being wound down.  The next few months I think will see the end of the Find Madeleine website, the Fund, laboured anniversary features and any other publicity stunts.

They must realise the celebrity show is over for them.

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Post by sharonl 29.12.17 9:48

Verdi wrote:Maybe the auditors pinched the abacus when they cleared the desk after being sacked resigning.

Seriously though - I reckon the whole show is in the process of being wound down.  The next few months I think will see the end of the Find Madeleine website, the Fund, laboured anniversary features and any other publicity stunts.

They must realise the celebrity show is over for them.

Oh no! What will become of that poor failing charity Missing People without their greatest ever marketing tool? Who will pay their wages now?
And what will the failing newspapers do without the greatest story ever told? Murdochs' empire is already failing just as it was in 2007.
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Post by sharonl 30.01.18 21:00

Only 1 day to go and still no sign of the fund accounts, they have already been given a months extension - what's going on? Why the hold up?
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Post by Doug D 30.01.18 22:02

If they follow previous years, they will present them tomorrow (can be done on-line). They will get date stamped by Companies House to show received on time and get processed in the next week or so.
(Not that they will show anything, apart from how much is left.)
I don't think they even need an audit anymore, following more relaxation of rules.
Complete disgrace for what was a publicly funded 'non-charity'. I can't imagine even the Mc's would have envisaged such a relaxation of rules in their wildest dreams when the Limited Company was first set up. 
First of all they managed to drop off the income & expenditure accounts, and now pretty much nothing needs to be shown.
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Post by sharonl 02.02.18 17:26

Still nothing

Fund accounts 2016 - Late again!!! Screen18
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Post by Doug D 05.02.18 16:15

Accounts filed and being processed. ‘Will be available in five days’
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Post by sharonl 05.02.18 22:52

Doug D wrote:Accounts filed and being processed. ‘Will be available in five days’

That's on the Beta.  They are available on the Co. House Webcheck now but they're going to tell us very little.
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