22-08-2014, 09:40 PM
You're absolutely right Derek.
The accounts published today are the ones published on the website on 26th February 2014.
Hence they are the accounts that were late for the August 2013 agm - as the minutes from that meeting record under the finance director's report
Delay in Audited Accounts, should be available for next Council Meeting
Bizarre that the same set of accounts can be late for two consecutive agm's
I do, however, still consider them fascinating.
At the end of financial year 2011-2012 net assets of Chess Scotland were £ 46,701
At the end of financial year 2012-2013 net assets of Chess Scotland were £ 33,686
A 28% reduction in 12 months.
So much is clear.
It would appear that there must have been considerable overspend by at least one director.
I hope for more information being included in the minutes of tomorrow's meeting and I also hope for some indication of what is likely to be in the 2013-2014 accounts.
The accounts published today are the ones published on the website on 26th February 2014.
Hence they are the accounts that were late for the August 2013 agm - as the minutes from that meeting record under the finance director's report
Delay in Audited Accounts, should be available for next Council Meeting
Bizarre that the same set of accounts can be late for two consecutive agm's
I do, however, still consider them fascinating.
At the end of financial year 2011-2012 net assets of Chess Scotland were £ 46,701
At the end of financial year 2012-2013 net assets of Chess Scotland were £ 33,686
A 28% reduction in 12 months.
So much is clear.
It would appear that there must have been considerable overspend by at least one director.
I hope for more information being included in the minutes of tomorrow's meeting and I also hope for some indication of what is likely to be in the 2013-2014 accounts.