Any truth in this? : Sun Dec 04, 2011 2:02 pm  

I posted on another site totalrl.com about our new signings. One of the replies said this below. The new company owning the Cougars (Keighley Cougars 2010 Ltd) was supposed to file its first set of accounts on 1 September 2011 and has yet to do so. Not great. Does anyone know if this is true or not? Should we be worried about this?

I posted on another site totalrl.com about our new signings. One of the replies said this below. The new company owning the Cougars (Keighley Cougars 2010 Ltd) was supposed to file its first set of accounts on 1 September 2011 and has yet to do so. Not great. Does anyone know if this is true or not? Should we be worried about this?

Re: Any truth in this? : Sun Dec 04, 2011 3:02 pm  

To he honest, I know nothing about this or what it means. It always worries me though when I hear things like this due to problems that have occurred before.

Should we be worried by this? I don't know, but whenever there is a positive around the club there is always some who will try and knock the club and hoping that this is nothing more than scaremongering.

Re: Any truth in this? : Sun Dec 04, 2011 3:26 pm  

Just found this through companies house http://wck2.companieshouse.gov.uk/b2c63 ... ompdetails

Just found this through companies house http://wck2.companieshouse.gov.uk/b2c63 ... ompdetails

Re: Any truth in this? : Sun Dec 04, 2011 3:31 pm  

Also limited companies must file accounts annually with Companies House

Re: Any truth in this? : Sun Dec 04, 2011 3:55 pm  

That said I do not know what the implication of filing late is. A year end set of accounts can take some time to put together in my limited experience. It is no where near the same as failing to pay taxes.
Nevertheless, I am concerned, and would willingly volunteer to help and my accounting qualification into practice.

Re: Any truth in this? : Sun Dec 04, 2011 4:04 pm  

I may be wrong about this and await confirmation but new companies as in say cougars2010 are given breathing space as such in admitting their accounts in the 1st yr or so plus whilst being a ltd company depending on size do not need to publish the details.

As said this may be wrong but is my understanding of the rules.

Whilst it clearly does not on surface look good I am assuming till otherwise confirmed by the directors/club say different that thinga are ok.

Re: Any truth in this? : Sun Dec 04, 2011 4:34 pm  

Ok, I've been reading up quickly. I can't find anything about exemptions relating to the length of time in being.

However a company can file late with agreement with companies house.
Because of their size I would expect they can submit abbreviated accounts (but should still submit something).
Because of their size they can apply for exemption from being audited (but should still submit accounts to companies house).

Basically this all means nothing, it's a little concerning but without knowing the reasons and facts it is nothing more than idle gossip.

Re: Any truth in this? : Sun Dec 04, 2011 4:40 pm  

Why are alarm bells ringing in my head?

Am I experiencing the start of some kind of déja-vu?

Re: Any truth in this? : Sun Dec 04, 2011 4:44 pm  

According to what I have just read a private company has go 21 months from date of incorporation which was 1st december 2009 to file accounts with companies house extensions can be applied for so personally not to worried although past history albeit different directors do make you wonder why its not been done.

Re: Any truth in this? : Sun Dec 04, 2011 5:50 pm  

Maybe this has also a bearing on it, note only one director registered, when this page used to show more... http://companycheck.co.uk/company/07091799

Maybe this has also a bearing on it, note only one director registered, when this page used to show more... http://companycheck.co.uk/company/07091799