Seals Finances
#21
(03-05-2024, 09:59 AM)Kit Kat Chunky Wrote:
(03-05-2024, 09:45 AM)Remi_Moses Wrote: They have a £50m bonus from HS2 being scrapped

I know people (not football related) in a similar situation. That's not paying out any time soon

Cashflow isn't their problem.
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#22
(03-05-2024, 10:27 AM)MGalea Wrote:
(03-05-2024, 09:59 AM)Kit Kat Chunky Wrote:
(03-05-2024, 09:45 AM)Remi_Moses Wrote: They have a £50m bonus from HS2 being scrapped

I know people (not football related) in a similar situation. That's not paying out any time soon

Cashflow isn't their problem.

So, in advance of your exams - how would you present this in the P&Ls?
Would rather talk to ChatGPT
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#23
(03-05-2024, 10:33 AM)CarlosCorbewrong Wrote:
(03-05-2024, 10:27 AM)MGalea Wrote:
(03-05-2024, 09:59 AM)Kit Kat Chunky Wrote:
(03-05-2024, 09:45 AM)Remi_Moses Wrote: They have a £50m bonus from HS2 being scrapped

I know people (not football related) in a similar situation. That's not paying out any time soon

Cashflow isn't their problem.

So, in advance of your exams - how would you present this in the P&Ls?

Donations from the public.
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#24
(03-05-2024, 10:33 AM)CarlosCorbewrong Wrote:
(03-05-2024, 10:27 AM)MGalea Wrote:
(03-05-2024, 09:59 AM)Kit Kat Chunky Wrote:
(03-05-2024, 09:45 AM)Remi_Moses Wrote: They have a £50m bonus from HS2 being scrapped

I know people (not football related) in a similar situation. That's not paying out any time soon

Cashflow isn't their problem.

So, in advance of your exams - how would you present this in the P&Ls?

<raises hand, as knows the answer Big Grin >
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#25
Is the answer, "fish"?
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#26
(03-05-2024, 10:53 AM)Fulham Fallout Wrote:
(03-05-2024, 10:33 AM)CarlosCorbewrong Wrote:
(03-05-2024, 10:27 AM)MGalea Wrote:
(03-05-2024, 09:59 AM)Kit Kat Chunky Wrote:
(03-05-2024, 09:45 AM)Remi_Moses Wrote: They have a £50m bonus from HS2 being scrapped

I know people (not football related) in a similar situation. That's not paying out any time soon

Cashflow isn't their problem.

So, in advance of your exams - how would you present this in the P&Ls?

<raises hand, as knows the answer Big Grin >

Fire sale?
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#27
(03-05-2024, 11:10 AM)Duffers Wrote:
(03-05-2024, 10:53 AM)Fulham Fallout Wrote:
(03-05-2024, 10:33 AM)CarlosCorbewrong Wrote:
(03-05-2024, 10:27 AM)MGalea Wrote:
(03-05-2024, 09:59 AM)Kit Kat Chunky Wrote: I know people (not football related) in a similar situation. That's not paying out any time soon

Cashflow isn't their problem.

So, in advance of your exams - how would you present this in the P&Ls?

<raises hand, as knows the answer Big Grin >

Fire sale?

Got it. Exceptional Incendiary Income.
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#28
(03-05-2024, 11:14 AM)Fido Wrote:
(03-05-2024, 11:10 AM)Duffers Wrote:
(03-05-2024, 10:53 AM)Fulham Fallout Wrote:
(03-05-2024, 10:33 AM)CarlosCorbewrong Wrote:
(03-05-2024, 10:27 AM)MGalea Wrote: Cashflow isn't their problem.

So, in advance of your exams - how would you present this in the P&Ls?

<raises hand, as knows the answer Big Grin >

Fire sale?

Got it. Exceptional Incendiary Income.

Bonus point to Fido, as it’s an unusual activity and must be shown separately in the accounts due to it’s materiality, to enable comparisons to be made of normal trading activities.

(03-05-2024, 11:10 AM)Duffers Wrote:
(03-05-2024, 10:53 AM)Fulham Fallout Wrote:
(03-05-2024, 10:33 AM)CarlosCorbewrong Wrote:
(03-05-2024, 10:27 AM)MGalea Wrote:
(03-05-2024, 09:59 AM)Kit Kat Chunky Wrote: I know people (not football related) in a similar situation. That's not paying out any time soon

Cashflow isn't their problem.

So, in advance of your exams - how would you present this in the P&Ls?

<raises hand, as knows the answer Big Grin >

Fire sale?





This isn’t the crooked house thread
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#29
(03-05-2024, 09:29 AM)Fulham Fallout Wrote: So they need to make a profit of around £15m next year and an average profit of around £8m for the next two years

Sweet. Should be fun to watch how this pans out.

We really need them to miss out on Europe then....
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#30
Isn't it "accrued income"?
Would rather talk to ChatGPT
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