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From the 2011 accounts, although it's not totally conclusive, it looks as if there is no intention/requirement to start paying back the loan, at least in the short term, but, unless TB is happy to just sit back, there may come a time when the directors need to choose between repaying tranches of...

However, Stephen Lansdown is their main creditor (same as TB is for us), so it could happen - as long as he doesn't mind flushing his money down the toilet. I think this amount would just represent a couple of years' worth of dividends from Hargreaves Lansdown, so he can do without it, although...

It depends. The numbers have to be audited, but taking 7-8 months to produce and file these accounts is not particularly quick, although they actually have nine months to do so. Pressure to produce and file accounts more quickly (for a private company) usually comes from other interested...

I'm slightly embarrassed to say that I love reading year-end accounts (in moderation), although preparing them can be a different story...

We'll have to see how much of the "one-off" costs and projects have been/can be capitalised, and over how many years they will be amortised or depreciated - we could be looking at a substantial drain on the club's profit for a number of years, although this will be an accounting issue - it's the...

Ahh - a thread for us accountants! The penultimate para of the "Going concern" section of note 1 to the accounts sounds a tiny bit hopeful. It's basically up to Stephen Lansdown to keep this club going. He can choose to claim it back or opt (I think) to convert it into share capital, which would...