Professionalism

See the club finally got round to notifying Companies House of Debbie Cooke’s appointments as a director on Christmas Eve, three and a half months after the appointment
The confirmation statement (list of shareholders)the first post the change of control is now 2 months overdue and showing a red flag on Companies House website.
Still no accounts for shareholders. Five weeks ago we were told there were a couple of queries to resolve and they would be available in a couple of weeks.

Quoted from HerveJosse

See the club finally got round to notifying Companies House of Debbie Cooke’s appointments as a director on Christmas Eve, three and a half months after the appointment
The confirmation statement (list of shareholders)the first post the change of control is now 2 months overdue and showing a red flag on Companies House website.
Still no accounts for shareholders. Five weeks ago we were told there were a couple of queries to resolve and they would be available in a couple of weeks.

And your point is?

Quoted from smokey111

And your point is?

His point is needless excrement stirring.

Quoted from HerveJosse

See the club finally got round to notifying Companies House of Debbie Cooke’s appointments as a director on Christmas Eve, three and a half months after the appointment
The confirmation statement (list of shareholders)the first post the change of control is now 2 months overdue and showing a red flag on Companies House website.
Still no accounts for shareholders. Five weeks ago we were told there were a couple of queries to resolve and they would be available in a couple of weeks.

Jesus wept,….any opportunity to hit the club with a stick! What do you care, really? Did you not get the jigsaw you wanted for Christmas?

I'd rather we were doing the paperwork on a new striker's contract.

Who cares ?

Quoted from HerveJosse

See the club finally got round to notifying Companies House of Debbie Cooke’s appointments as a director on Christmas Eve, three and a half months after the appointment
The confirmation statement (list of shareholders)the first post the change of control is now 2 months overdue and showing a red flag on Companies House website.
Still no accounts for shareholders. Five weeks ago we were told there were a couple of queries to resolve and they would be available in a couple of weeks.

I didn’t realise Noche’s role had been advertised but congratulations on your promotion.

Accounts - as we have discussed previously, the filing deadline is 28 Feb so there is plenty of time to finalise and submit them. No lack of professionalism here.

Appointment of Director - yes, the company was over 3 months late notifying Companies House. As crimes go, it’s not exactly Sestanovich vs Fahey Roofing.

Confirmation Statement (CS) - this is your more valid point. Yes, it is overdue by two months. The company will be receiving bimonthly letters from Companies House threatening to strike-off. Presumably the directors have requested time to bring the company’s affairs up to date to prevent the strike-off action.

Could there be something murky going on with the delay in filing the CS? Possibly.

There could be many reasons for the delay however. For instance, the previous statement could be incorrect. Also, have you seen how long the Confirmation Statement normally is? The 2020 edition was nearly 160 pages long. There are ‘a lot’ of minority shareholders on there and with the change in accountants and key staff this is not necessarily a simple exercise.

Quoted from HerveJosse

See the club finally got round to notifying Companies House of Debbie Cooke’s appointments as a director on Christmas Eve, three and a half months after the appointment
The confirmation statement (list of shareholders)the first post the change of control is now 2 months overdue and showing a red flag on Companies House website.
Still no accounts for shareholders. Five weeks ago we were told there were a couple of queries to resolve and they would be available in a couple of weeks.

Do you know yesterday JS and AP trod on the cracks in the pavement, maybe that’s worth you commenting on too?

Both of our owners are Directors in various companies and know what they’re doing and what to do. Just give it a rest for once.

I’d imagine even Fenty’s greatest allies find this all a bit boring too…you make zero points and it’s not remotely funny…

Quoted from HerveJosse

See the club finally got round to notifying Companies House of Debbie Cooke’s appointments as a director on Christmas Eve, three and a half months after the appointment
The confirmation statement (list of shareholders)the first post the change of control is now 2 months overdue and showing a red flag on Companies House website.
Still no accounts for shareholders. Five weeks ago we were told there were a couple of queries to resolve and they would be available in a couple of weeks.

I knew we should have been careful what we wished for.

The National League don't mess about with dodgy owners so we probably have Grimsby Borough and Clee Town away to look forward to in the league next season if we're lucky.

Edit: I'm not being serious!

Fenty 😂😂😂😂😂😂

Those long winter nights must fly by in your house with such things to keep you entertained as monitoring updates at Companies House.

HerveTosse

Quoted from jamesgtfc

I knew we should have been careful what we wished for.

The National League don't mess about with dodgy owners so we probably have Grimsby Borough and Clee Town away to look forward to in the league next season if we're lucky.

Is that serious? On what planet are they dodgy owners? I might think they've spent a load of money on superficial things that would have been better on the playing squad and that their comments seem like we're going to get more of the same football wise, but they're not dodgy by any stretch.

Quoted from HerveJosse

See the club finally got round to notifying Companies House of Debbie Cooke’s appointments as a director on Christmas Eve, three and a half months after the appointment
The confirmation statement (list of shareholders)the first post the change of control is now 2 months overdue and showing a red flag on Companies House website.
Still no accounts for shareholders. Five weeks ago we were told there were a couple of queries to resolve and they would be available in a couple of weeks.

And people wonder why we can’t have nice things…

Quoted from pen penfras

Is that serious? On what planet are they dodgy owners? I might think they've spent a load of money on superficial things that would have been better on the playing squad and that their comments seem like we're going to get more of the same football wise, but they're not dodgy by any stretch.

Fortunately I wasn't being serious but the way Herve goes on, you would think they were.

bet Christmas is a barrell of laughs in the Josse Household

Quoted from HerveJosse

See the club finally got round to notifying Companies House of Debbie Cooke’s appointments as a director on Christmas Eve, three and a half months after the appointment
The confirmation statement (list of shareholders)the first post the change of control is now 2 months overdue and showing a red flag on Companies House website.
Still no accounts for shareholders. Five weeks ago we were told there were a couple of queries to resolve and they would be available in a couple of weeks.

The accounts aren’t legally due until 28th February. Just because the old regime chose to release them at the end of October each year doesn’t mean the new owners have to carry that on.

Why would you advertise the exact financial position of the club as the transfer window in the EFL is about to open? It’s just inviting clubs we are looking to buy from to have a good nosey and decide we can afford to pay more  for a player.

There is no financial penalty for delaying a confirmation statement. Generally companies issue them at the same time as their accounts, so you’ll probably find that both are published in February and that will then become the release date for both going forward. So nothing to see here either.

We’ll probably see more compacted and less detailed accounts going forward as the requirements for Limited companies is less than that of a PLC. We’ll see.

Re: the appointment of Debbie Cook being accepted on companies house website 3 months after her appointment, I suggest if you’re worried you contact somebody at the club to enquire whether the issue was at our end or because of an issue at Companies House.

Quoted from jamesgtfc

Fortunately I wasn't being serious but the way Herve goes on, you would think they were.

Fair enough. In Herve's defence, if it was Fenty in charge and any of these things happened, he'd be getting hammered for them.

Well it’s not is it. He had his time, failed MISERABLY, aided by the crew of clowns around him and toadying fluffers outside of the club, and he will never be back in the boardroom.

Quoted from pen penfras

Fair enough. In Herve's defence, if it was Fenty in charge and any of these things happened, he'd be getting hammered for them.

I agree that Fenty would be getting hammered for those things but 18 years in, there isn't really much excuse for overdue accounts. We don't know what questions 1878 had and the answers they received may have raised more questions. I don't know if we've moved away from Weaver Wroot but a new accountant may have had questions of their own.

If the accounts and confirmation statements are consistently late then I think questions can be asked but this is their first set of accounts since the takeover, there is a lot of change to the shareholdings and we are now a Ltd company rather than a PLC.

There is also the very valid point somebody has raised about the delay being a bit tactical with regards to transfer activity.

The accounts will get released in the next month or 2 and I'm interested to see how/if we go above and beyond the minimum accounting requirements.

They are not dodgy guys, I get that, but.

It is serious the accounts aren’t available for scrutiny.

It is also concerning that the date and deadline for the AGM has passed by without having one.

The club was a PLC and was subject to transparency and scrutiny at all levels. I fully expect these guys to let us know how our club is being run in no lesser way that of the past regime and so far they are not on track.

I don’t get why there is so much protectionism of the new regime. Facts are the facts. No accounts to scrutinise and no AGM held which before accounts were always published.

Further I’m annoyed Rob REMOVED my Innocuous post yesterday commenting on PN’s post. Which confirmed I had heard from several sources staff were feeling pressured and some bullxxd and a letter had gone in.

Is this a forum for debating and speculating or a dictatorship?

Best put my tin hat on.

Quoted from GibMariner

They are not dodgy guys, I get that, but.

It is serious the accounts aren’t available for scrutiny.

It is also concerning that the date and deadline for the AGM has passed by without having one.

The club was a PLC and was subject to transparency and scrutiny at all levels. I fully expect these guys to let us know how our club is being run in no lesser way that of the past regime and so far they are not on track.

I don’t get why there is so much protectionism of the new regime. Facts are the facts. No accounts to scrutinise and no AGM held which before accounts were always published.

Further I’m annoyed Rob REMOVED my Innocuous post yesterday commenting on PN’s post. Which confirmed I had heard from several sources staff were feeling pressured and some bullxxd and a letter had gone in.

Is this a forum for debating and speculating or a dictatorship?

Best put my tin hat on.

go have a pint old chap

Transfer market opens tomorrow, so then we can have a good old moan about who/what/when we sign/don't sign some players.

There is also the more than possible home defeat to an in form Halifax to look forward to.

Should keep the conspiracy theorists happy.

Quoted from pen penfras

Fair enough. In Herve's defence, if it was Fenty in charge and any of these things happened, he'd be getting hammered for them.

Yeah but Stockwood and Petit didn't get us relegated out of the league twice, so they get some leeway.

Quoted from Swansea_Mariner

Yeah but Stockwood and Petit didn't get us relegated out of the league twice, so they get some leeway.

Let's be honest it was 3 times really. Points deduction rescued us once . Fenty and his crew never got scrutinized untill people / supporters realized the club was going know where fast . Throw that convicted criminal in the Findus into the mix and people start to get a bit fed up. We shall see what the new owners legacy will be in time won't we .

Quoted from chaos33

Jesus wept,….any opportunity to hit the club with a stick! What do you care, really? Did you not get the jigsaw you wanted for Christmas?

I think he actually got a Wasgij but couldn't figure it out.

Quoted from GibMariner

They are not dodgy guys, I get that, but.

It is serious the accounts aren’t available for scrutiny.

It is also concerning that the date and deadline for the AGM has passed by without having one. This is normal for a small company.

The club was a PLC and was subject to transparency and scrutiny at all levels. I fully expect these guys to let us know how our club is being run in no lesser way that of the past regime and so far they are not on track.

I don’t get why there is so much protectionism of the new regime. Facts are the facts. No accounts to scrutinise and no AGM held which before accounts were always published.

Further I’m annoyed Rob REMOVED my Innocuous post yesterday commenting on PN’s post. Which confirmed I had heard from several sources staff were feeling pressured and some bullxxd and a letter had gone in.

Is this a forum for debating and speculating or a dictatorship?

Best put my tin hat on.

You - and several others - say that the accounts are not available to scrutinise but they are not due for filing for another 59 days!

Why would they hold an AGM to discuss accounts that have not been finalised yet…which leads to my next point…

AGM - a limited company no longer requires an AGM so there might not even be one. So the date and deadline for an AGM has not passed because there probably won’t be one. This is normal for a small company.

PLC - operating as a plc provides little extra transparency and scrutiny. Look at Carillion, BHS, Patisserie Valerie. Remember irregular accounting practices at the likes of Tesco. All of these were plc’s.

Most football clubs in the UK are private limited companies rather than plc’s, including many in the Championship and L1 - some of which I am involved with. It’s perfectly normal not to want to operate as a plc.

Operating as a plc does not stop you from, legally (and allegedly) using company funds to repay third-party pension schemes and EBTs. It also doesn’t protect the fans from the main investor allegedly carving out a ‘strange deal’ with a convicted fraudster or the ‘Holloway situation’. Transparency didn’t help us on those occasions.

Shareholders will still be provided with access to a full set of final accounts. Admittedly these will have reduced disclosures compared to the previous years’ accounts but we shall see what they contain. It will be disappointing, but legal, for the accounts to exclude a Strategic Report explaining the company’s performance, position and main KPIs etc.

However, you have to remember that The Grimsby Town Football Club Ltd are a small company. Turnover and the balance sheet total are way, way under the medium company thresholds (£10.2m / £5.1m).

I presume these May 2021 accounts will still be audited but again, a clean audit report doesn’t necessarily mean that all is well in a company (Enron, Parmalat etc).

By the way, I’m not saying that Stockwood and Pettit aren’t ‘dodgy’ but I have not seen, heard or being provided with any evidence to the contrary so they have my full support.

I’m not protecting them but when you say ‘facts are facts’, your facts are incorrect unfortunately.

Quoted from Knut Anders Fosters Voles

You - and several others - say that the accounts are not available to scrutinise but they are not due for filing for another 59 days!

Why would they hold an AGM to discuss accounts that have not been finalised yet…which leads to my next point…

AGM - a limited company no longer requires an AGM so there might not even be one. So the date and deadline for an AGM has not passed because there probably won’t be one.

PLC - operating as a plc provides little extra transparency and scrutiny. Look at Carillion, BHS, Patisserie Valerie. Remember irregular accounting practices at the likes of Tesco. All of these were plc’s.

Most football clubs in the UK are private limited companies rather than plc’s, including many in the Championship and L1 - some of which I am involved with. It’s perfectly normal not to want to operate as a plc.

Operating as a plc does not stop you from, legally (and allegedly) using company funds to repay third-party pension schemes and EBTs. It also doesn’t protect the fans from the main investor allegedly carving out a ‘strange deal’ with a convicted fraudster or the ‘Holloway situation’. Transparency didn’t help us on those occasions.

Shareholders will still be provided with access to a full set of final accounts. Admittedly these will have reduced disclosures compared to the previous years’ accounts but we shall see what they contain. It will be disappointing, but legal, for the accounts to exclude a Strategic Report explaining the company’s performance, position and main KPIs etc.

However, you have to remember that The Grimsby Town Football Club Ltd are a small company. Turnover and the balance sheet total are way, way under the medium company thresholds (£10.2m / £5.1m).

I presume these May 2021 accounts will still be audited but again, a clean audit report doesn’t necessarily mean that all is well in a company (Enron, Parmalat etc).

By the way, I’m not saying that Stockwood and Pettit aren’t ‘dodgy’ but I have not seen, heard or being provided with any evidence to the contrary so they have my full support.

I’m not protecting them but when you say ‘facts are facts’, your facts are incorrect unfortunately.

Think you are protecting them and will find that I’m not wrong. The Takeover Panel will require for the financial year following going Private, that the accounts are prepared and presented to shareholders as if still a PLC for the AGM as scheduled. That meeting has been missed without notice.

The club could well be in for a fine if this hits their radar.

Quoted from GibMariner

Think you are protecting them and will find that I’m not wrong. The Takeover Panel will require for the financial year following going Private, that the accounts are prepared and presented to shareholders as if still a PLC for the AGM as scheduled. That meeting has been missed without notice.

The club could well be in for a fine if this hits their radar.

Has an AGM been scheduled? As far as I can recall, none has been announced and there’s still two months before the deadline to do so.

Quoted from GibMariner

Think you are protecting them and will find that I’m not wrong. The Takeover Panel will require for the financial year following going Private, that the accounts are prepared and presented to shareholders as if still a PLC for the AGM as scheduled. That meeting has been missed without notice.

The club could well be in for a fine if this hits their radar.

Your £3000 worth of shares aren't going to get anything overturned Filipe.

Quoted from Knut Anders Fosters Voles

You - and several others - say that the accounts are not available to scrutinise but they are not due for filing for another 59 days!

Why would they hold an AGM to discuss accounts that have not been finalised yet…which leads to my next point…

AGM - a limited company no longer requires an AGM so there might not even be one. So the date and deadline for an AGM has not passed because there probably won’t be one. This is normal for a small company.

PLC - operating as a plc provides little extra transparency and scrutiny. Look at Carillion, BHS, Patisserie Valerie. Remember irregular accounting practices at the likes of Tesco. All of these were plc’s.

Most football clubs in the UK are private limited companies rather than plc’s, including many in the Championship and L1 - some of which I am involved with. It’s perfectly normal not to want to operate as a plc.

Operating as a plc does not stop you from, legally (and allegedly) using company funds to repay third-party pension schemes and EBTs. It also doesn’t protect the fans from the main investor allegedly carving out a ‘strange deal’ with a convicted fraudster or the ‘Holloway situation’. Transparency didn’t help us on those occasions.

Shareholders will still be provided with access to a full set of final accounts. Admittedly these will have reduced disclosures compared to the previous years’ accounts but we shall see what they contain. It will be disappointing, but legal, for the accounts to exclude a Strategic Report explaining the company’s performance, position and main KPIs etc.

However, you have to remember that The Grimsby Town Football Club Ltd are a small company. Turnover and the balance sheet total are way, way under the medium company thresholds (£10.2m / £5.1m).

I presume these May 2021 accounts will still be audited but again, a clean audit report doesn’t necessarily mean that all is well in a company (Enron, Parmalat etc).

By the way, I’m not saying that Stockwood and Pettit aren’t ‘dodgy’ but I have not seen, heard or being provided with any evidence to the contrary so they have my full support.

I’m not protecting them but when you say ‘facts are facts’, your facts are incorrect unfortunately.

On the matter of accounts and AGM you keep banging on about the minimum legal requirements that was not my point. After our last joust on this subject back in Mid November the next day on 19 November  Matt Dean on RH magically asked JS on about both subjects and received the answer that the accounts would be published in two weeks and there would then be an opportunity for direct engagement on these with shareholders which I presume means an AGM ,difficult to see what else it could be. The interview is still available on BBC Sounds.He also confirmed the accounts had been audited.
The current custodians bought just under 50% of the shares not 100% and promised transperency.
To avoid having to buy the remaining shares they required the outgoing custodians to convert the company from a PLC to a private company . Without that they would have been required to buy out all the minority shareholders.
Had they bought out the other shareholders or at least offered to do so they would have been morally free to do what they like with the clubs finances.
It is quite likely that many do not know that many of the minority shareholders hold them as a result of answering calls to raise money for the club in periods of financial need that predate Fenty etc.For that reason if not others they desire appropriate respect.
I was involved in a group called action 88 which in 1988 was formed to raise funds for the club at a time it was on the brink of bankruptcy and worked behind the scenes with the then directors to get the club back on an even keel which directly resulted in Alan Buckley first appointment and significant funds being raised for the club.
My only interest at the end of the day is that we are successful on the pitch . That requires investment . I hope the current custodians are going to provide the necessary funding in the right areas to do that but I currently remain unsure
I have worked with entrepreneurs of many shades for 30 years and have learnt to be suspicious of words and prepare actions.
The new Custodians have two shields which protect them from criticism on that front . The first being that they have to repay Fenty loans  the second is that the club was so badly managed by the previous custodians that there is much to do putting this right that  everything else including results on the pitch is relegated to a long term project.Despite this JS has also gone on the record to say that since Fenty departure other investors have approached the club with offers funding and expertise but they are not required at the present time. That it’s doesn’t include me before others jump to conclusions . I can however have a very good guess at names and they are serious people who would not have gone near the club while Fenty was involved ..The logic of turning that down is not clear to me .

With regards to the new owners, patience is clearly the key. However, it’s much easier to be patient when things are going well on the pitch. Much more difficult when you’ve lost 8 out of 9 and dropped from the top to mid table. When that happens, it’s a given that fans will look to pick holes in the big project.

All this chat about AGMs and Accounts make it sound as if the shareholders keep track of every penny going in & out as if their life depended on it. But for the past two decades, near enough, the accounts have been waved through at almost every AGM without so much as a raised eyebrow at the rapidly declining state of the club or the ever widening black hole under the name “directors loans” which has tied the hands of the new owners for at least 3 years, and fúcked us for probably the 10-15 prior to that.

It would be much less taxing for us all if the Fenty Felchers just dropped the charade or caring when the accounts are published or companies house gets a letter.

Quoted from ska face

All this chat about AGMs and Accounts make it sound as if the shareholders keep track of every penny going in & out as if their life depended on it. But for the past two decades, near enough, the accounts have been waved through at almost every AGM without so much as a raised eyebrow at the rapidly declining state of the club or the ever widening black hole under the name “directors loans” which has tied the hands of the new owners for at least 3 years, and fúcked us for probably the 10-15 prior to that.

It would be much less taxing for us all if the Fenty Felchers just dropped the charade or caring when the accounts are published or companies house gets a letter.

I was going to say much the same but I’m three DIPAs in and have a crying baby…so yeh, intercourse the Fenty fornicators and if they’d cared so much we wouldn’t be in this mess…

It’s alright though, it could be worse…we could be bury…

Quoted from jamesgtfc

I knew we should have been careful what we wished for.

The National League don't mess about with dodgy owners so we probably have Grimsby Borough and Clee Town away to look forward to in the league next season if we're lucky.

Edit: I'm not being serious!

It's a shame you had to edit your post because others don't understand sarcasm, irony and satire which all three I think you managed to incorporate.
I would have just let the humourless buggers keep red crossing you and laugh at their comments.