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Fund Accounts - Help explain this.

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Re: Fund Accounts - Help explain this.

Post by aquila on 08.01.12 14:45

@Pershing36 wrote:Will they need anything else. Surely the book will make them millionaires.

that depends on it being ONLY about the money.

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Re: Fund Accounts - Help explain this.

Post by Pershing36 on 08.01.12 15:17

Well they already seem to have made enough friends in high places to stay in the limelight.

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Re: Fund Accounts - Help explain this.

Post by Gillyspot on 09.01.12 16:42

candyfloss wrote:Any sign yet of the accounts yet??

They are filed as of now but whether they were filed on time I don't know.

http://wck2.companieshouse.gov.uk/ed730d7da9c5e6f8ee767aa973c1933b/compdetails

Apologies this is now right LOL

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Re: Fund Accounts - Help explain this.

Post by Guest on 09.01.12 16:44

Gillyspot, unless it's me having a mad moment, that link is for an unrelated company.

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Re: Fund Accounts - Help explain this.

Post by Pershing36 on 09.01.12 16:47

Yeah I am getting a fabrications company.

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Re: Fund Accounts - Help explain this.

Post by Guest on 09.01.12 16:49

There's certainly a lot of fabricating going on here and that's probably caused the confusion!

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Re: Fund Accounts - Help explain this.

Post by Gillyspot on 09.01.12 16:50

Apologies everyone I was having a search afterwards & shared the wrong one.

It is here

http://wck2.companieshouse.gov.uk/ed730d7da9c5e6f8ee767aa973c1933b/compdetails

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Re: Fund Accounts - Help explain this.

Post by Guest on 09.01.12 16:51

This just on twitter.............


w_nichtweissnicht

http://ukdata.com #mccann Fund accounts.

25 minutes ago










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Re: Fund Accounts - Help explain this.

Post by Pershing36 on 09.01.12 16:57

Can anybody get into anything all I see is confirmation of date filed?

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Re: Fund Accounts - Help explain this.

Post by Guest on 09.01.12 16:59

I think that this means that the accounts were most likely received today and will be available for viewing later.

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Re: Fund Accounts - Help explain this.

Post by sharonl on 10.01.12 7:39

At last we have the accounts they will be uploaded shortly

http://jillhavern.forumotion.net/t4172-fund-accounts-2011


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Re: Fund Accounts - Help explain this.

Post by Advocatus on 11.01.12 0:13

Thanks Sharon.

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Re: Fund Accounts - Help explain this.

Post by Kepharel on 30.01.12 18:08

Year Comparison20082009Increase/(Decrease)
1. Total Assets1,115,000740,000(375,000)
2. Cash572,000720,000148,000
'Other' Assets (1 minus 2)543,00020,000(523,000)


Hi,

Overall total assets decreased by £375K, however cash increased by £148K. Therefore the value of Non Cash (Other) Assets fell by £523K. This is why ,overall, the net worth of the company fell.

Without detailed figures I would suggest the 'Other Assets' in 2008 (£543K) included an expected cash receipt provided for but not maturing until 2009, that's why in 2009 cash went up and 'other' assets went down once the provision had indeed matured into cash.

Now if the £500K receipt recognised in 2008 came in during 2009, but cash was only up by £148K at the end of the year then it would suggest that heavy 'in year' spending during 2009 kinda gobbled it all up.

Hope that makes sense

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Re: Fund Accounts - Help explain this.

Post by Pershing36 on 30.01.12 21:17

@Kepharel wrote:
Year Comparison20082009Increase/(Decrease)
1. Total Assets1,115,000740,000(375,000)
2. Cash572,000720,000148,000
'Other' Assets (1 minus 2)543,00020,000(523,000)


Hi,

Overall total assets decreased by £375K, however cash increased by £148K. Therefore the value of Non Cash (Other) Assets fell by £523K. This is why ,overall, the net worth of the company fell.

Without detailed figures I would suggest the 'Other Assets' in 2008 (£543K) included an expected cash receipt provided for but not maturing until 2009, that's why in 2009 cash went up and 'other' assets went down once the provision had indeed matured into cash.

Now if the £500K receipt recognised in 2008 came in during 2009, but cash was only up by £148K at the end of the year then it would suggest that heavy 'in year' spending during 2009 kinda gobbled it all up.

Hope that makes sense

It is all very strange but I doubt we will ever get the information. One thing is for sure they are not giving it to the poor!!

They should run out of money in the next couple of months but I doubt they will. They will find some millionaire to prop up there quest.

The public see what they want to see, they are Doctors so they must be 'wonderful' people. People will continue to give them money.

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