Is everyone ignoring it.... : Fri Sep 20, 2013 11:04 am
..... and hoping it will just go away?I'm referring to the club's balance sheet which has been much posted by the FCHT crowd but is readily available from the Companies House website and show's that the club is a quarter million in the red!
Now I run a Limited Company myself and know that the published accounts don't always tell the full story (I'm a Techie and leave that side of things to my accountant) but a deficit of that size should surely be a cause for concern. As we have announced a profit for the last couple of years I assume that we have been carrying this negative balance for several years now.
Anyone care to comment? In particular, someone from the club?