More unnecessary expense

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itstimupnorth

Well-Known Member
Mar 27, 2011
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Rochdale
Haven't investigated this in detail, but presumably because of late filing of something - and this only happens after appropriate warnings. So, fines will be applied, and although this company is 100% PS and theoretically the club doesn't have to find the money, our chairman will have to, and we know where he gets his money from

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Good morning mate, saw on Kentonline, via twitter the accounts have been published...

https://www.kentonline.co.uk/medway...-fan-support-as-financial-accounts-ar-263106/

Yes, those are for the Club. Haven't had a chance to look at them in detail yet, but first impressions are that it would seem that we've not suffered financially too badly under lockdown (helped by government grant of £1.2m if my memory serves) and/or the financial situation of the club is being made to look pretty attractive to potential investors.

That was at the end of last season though. Quite a bit has happened since then.

To the best of my knowledge (again without a re-check), Holdings accounts have still not been filed yet, but as the only company that is included in Holdings' accounts is now the Club I presume they won't be too far away.
 
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