Club accounts.

[Deereyme66]

Is this like Severance? Which is Mr Dave? His Innie or his Outie?

[Apollo11]

Do we think the accounts will actually surface today? If there’s anything contentious in there, and bearing in mind last week’s drama, won’t the tactic be to wait until after season’s end? There’ll be a small financial hit for late filing – £375 for between a month and three months late, etc…

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Rene Artois

[Deereyme66]

Was thinking they’d be better off asking for a few months extension if possible to avoid distraction from the job in hand on field.

It’s a bad deadline date anyway this time of every season though no reason they can’t file accounts months earlier (i.e. anytime after 30 June 2024 up to today?).

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Rene Artois

[cassidystash]

Relatively few people will read the accounts and fewer still will understand them. However if there is **** to be stirred then somebody will find it if it suits their agenda.

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Rene Artois, IronIronIron, SODIron, Sanfran49

[lesgeo]

Yeovil: “Owner and his children receiving abuse so is now selling up.”
I never attacked Hilton when he was in charge – not because I had even a single jot of trust or confidence in the man – but coz I was scared stiff of what might happen if he got fed up of the non-stop attacks on Bru from a great many fans.
Best of luck, Yeovil.

[Deereyme66]

‘Non stop attacks on Bru’ isn’t accurate Les. There was understandable vitriol near the end of his tenure after he stopped paying wages and tried to move us to Gainsborough. Everything before that was justified criticisms and concerns. All the threads related to this period are still around if anyone wanted to do an objective and fair appraisal.

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Cliff Byrne's Right Peg, Siderite, Rene Artois

[Apollo11]

Deereyme66 wrote:

… There was understandable vitriol near the end of his tenure after he stopped paying wages and tried to move us to Gainsborough. Everything before that was justified criticisms and concerns.

Completely agree with this.

[Awaywego]

All I know is when you type in Scunthorpe loss of £2 million it doesn’t bring Swann or Hiltons name to the fore, but Whartons does.
Deerey asked where running the club unsustainably gets you and I said the championship. No difference of opinion and not thinking irrationally just facts.

[sufc_not_on_tour]

Accounts are out now.
Oh dear!

[CMC]

Looking forward to what the Trust say when it hits my inbox

[SODIron]

You can view the filing at the link below

https://find-and-update.company-information.service.gov.uk/company/00123622/filing-history/MzQ2MDc4NTY4MWFkaXF6a2N4/document?format=pdf&download=0

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Rene Artois

[sufc_not_on_tour]

Club statement.
https://www.scunthorpe-united.co.uk/news/2025/march/club-statement-accounts/

[Rene Artois]

Deereyme66 wrote:

‘Non stop attacks on Bru’ isn’t accurate Les. There was understandable vitriol near the end of his tenure after he stopped paying wages and tried to move us to Gainsborough. Everything before that was justified criticisms and concerns. All the threads related to this period are still around if anyone wanted to do an objective and fair appraisal.

From the off, the stench was as strong as that coming in off of the docks @ Grimsby due to an easterly wind.

[Rene Artois]

Forecasting a loss next year too due to ‘legacy matters’ and 2 to 3 years to become ‘self-sufficient’

Rocky road ahead still then?

[Awaywego]

Well all I can see are micro accounts, is there a full account anywhere.

[Deereyme66]

Wouldn’t have thought so. A company can submit micro accounts under a certain threshold, if memory serves

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Awaywego

[Awaywego]

Certainly no smoking gun.

Net liabilities went up just shy of £500,000 under Hilton and Harness
Previous year under Swann and Hilton nigh on £700,000
Cant see where Hilton fleeced us.

[sufc_not_on_tour]

Only abridged accounts submitted to companies house, I assume a full set of accounts will be submitted to shareholders.

[Awaywego]

Snot anyone classed as a small company doesn’t have to do that, or have them audited, as Deerey highlighted.
Hope your right but I don’t think so.

[Deereyme66]

I might be wrong about it awaywego. Doesn’t mean they’re not sending full accounts to shareholders either.

[Apollo11]

[Deereyme66]

£0.5m loss is how I interpreted it.

[sufc_not_on_tour]

In the past, shareholders have received a copy of full accounts, I don’t see why we shouldn’t receive one this year.

[sufc_not_on_tour]

Update to my last reply, a copy of the full accounts have landed in my email inbox.
Shareholders as I suspected get the full accounts.

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Deereyme66

[iron insider]

£250,000 bad debt. Wow.

[Awaywego]

Guess you’ll be posting the full accounts for us then Snot lol.

[CMC]

Apollo11 wrote:

£4m Liabilities, a big amount for a NL Club!

[Cliff Byrne’s Right Peg]

Do the liabilities include the EFL loan?

Some scary figures coming out from clubs in league one/two; even Yeovil and Oldham have lost nearly £6m between them in the national league. Can’t go on like this.

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Sanfran49

[Harrytheiron]

All these account announcements from clubs on the day Arsenal and Tottenham announce they’re playing each other in Hong Kong for a quick cash grab. The game’s broken.

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Apollo11

[SODIron]

I don’t recall seeing any accounts yesterdat where a club appeared to be solvent.

[Author]

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