Re: STFC Accounts

By Surreysage (Norm)7/10/2021 10:55Thu Oct 7 10:55:52 2021In response to Re: STFC Accounts

Views: 953

Thanks Arthur-as I said in my first post I do not understand accounts ,its not my background, and in my first post i apologised if I was barking up the wrong tree.As a layman I am trying to understand what has been happening financially at our club where we are sinking rapidly primarirly due to the fact there is no playing budget but have from what you say annual outgoings of over £150,000. Does not make sense to me - but from what you say it make sense to you.If itspossible to put that sort of money into a club to cover unexplained overheads why not say another £20,000 to help bring in players to boost the chance of staying at this level.

How can you say there are joint signaturies -there is nothing on record to back this up.

Can you also help me over my oriignal point about a signatory being able to loan money to an account and then drawing a simmilar sum out to covercost -could be travel costs,dancing girls or speed boats etc etc-who knows

Surely at a little club such as ours the accounts should be transparent so we can understand the diffuculties of running a club and realise the costs involved

Take care and thanks for taking the time Arthur and for sharing your thoughts with us

Best wishes to all
Norm

Edited by Norm at 10:57:22 on 7th October 2021
Edited by Norm at 10:58:31 on 7th October 2021