BDO Accounts y/e May 2017

[Paddy McGinty]

Excellent figures in these difficult times, financially solvent and growing....

Growing ?
They made a loss.

But you can't ne sure of that because you don't know what TV money is guarranteed. You say yourself that you can't view the P and L page so you really are sumising the true figures. 6k extra in the bank and you don't know what is pending to offset the creditors.

[ifm]

Excellent figures in these difficult times, financially solvent and growing....

Growing ?
They made a loss.

But you can't ne sure of that because you don't know what TV money is guarranteed. You say yourself that you can't view the P and L page so you really are sumising the true figures. 6k extra in the bank and you don't know what is pending to offset the creditors.

He actually said he believes they still have the other half of the money to come but i had decided not to explain himself to himself.

[The Knowledge]

The BDO made a 15k loss in the financial period but deferred more losses into this year.

[Skewball]

Excellent figures in these difficult times, financially solvent and growing....

Growing ?
They made a loss.

But you can't ne sure of that because you don't know what TV money is guarranteed. You say yourself that you can't view the P and L page so you really are sumising the true figures. 6k extra in the bank and you don't know what is pending to offset the creditors.

Incorrect.

[Skewball]

Excellent figures in these difficult times, financially solvent and growing....

Growing ?
They made a loss.

But you can't ne sure of that because you don't know what TV money is guarranteed. You say yourself that you can't view the P and L page so you really are sumising the true figures. 6k extra in the bank and you don't know what is pending to offset the creditors.

He actually said he believes they still have the other half of the money to come but i had decided not to explain himself to himself.

Incorrect.

[Skewball]

The BDO made a 15k loss in the financial period but deferred more losses into this year.

Thanks for the confirmation that they made a loss.

It's not quite a 15k movement in reserves per the accounts but it's close.

[ifm]

This is going to be as fun as last years accounts miscounts I think
Skewey already contradicting himself.


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[Skewball]

This is going to be as fun as last years accounts miscounts I think
Skewey already contradicting himself.


Sent from my SM-G935F using Tapatalk

Incorrect

[Paddy McGinty]

This is going to be as fun as last years accounts miscounts I think
Skewey already contradicting himself.


Sent from my SM-G935F using Tapatalk

He's already feeding us misleading info, he doesn't know for sure what the BDO has received based on it's 2 year term TV deal, he can't view the Profit and Loss sheet, even a London taxi driver is schooling him now.........roll on tomorrow Skewy it's carpentry day.

[oche balboa]

Skewy is blinded by hatred of the bdo

[ifm]

Skewy is blinded by hatred of the bdo

Well, yeah......

[Ginge]

Anyway, about this "Hearn Money" that the PDC apparently rely on..,any details on that?

[Paddy McGinty]

Anyway, about this "Hearn Money" that the PDC apparently rely on..,any details on that?

Deflection Klaxon....

[ifm]

Anyway, about this "Hearn Money" that the PDC apparently rely on..,any details on that?

Deflection Klaxen....

[Paddy McGinty]

They also got their overheads down by nearly 50K, should put them in good stead for future growth.

[ifm]

They also got their overheads down by nearly 50K, should put them in good stead for future growth.

No no no they were supposed to lose £160k

[Skewball]

This is going to be as fun as last years accounts miscounts I think
Skewey already contradicting himself.


Sent from my SM-G935F using Tapatalk

He's already feeding us misleading info, he doesn't know for sure what the BDO has received based on it's 2 year term TV deal, he can't view the Profit and Loss sheet, even a London taxi driver is schooling him now.........roll on tomorrow Skewy it's carpentry day.

Incorrect.

So a point of fact for you: You don't have to see the P&L to see the movement in 'Retained Earnings'. So we know for a FACT that BDO Enterprises suffered a £25k loss in its Retained Earnings. That is a FACT. No matter how you dress it up. That has been reported and audited. (which I know realise the accounts are actually Audited).
In the absence of share capital there is basically, realistically no where else that movement in retained earnings comes from (in the case of this Company) other than the 'Profit and Loss' (which itself would need defining as it doesn't exist anymore). It could in theory be a 'prior year movement' in reserves movement but that is very unlikely and would probably be disclosed anyway.

The issue about how much money from the two year deal has been received is separate. I am not going over that again, you either understand it or you don't. An Accountant will know exactly what I meant in the opening post. You cant account for all that money in the P&L in year one of a two year deal, so the balance would need to sit on the Balance Sheet. It doesn't appear to the case so hence why I am giving the BENEFIT of the DOUBT to BDO to say that have not received all the money., because IF they have accounted for it all in the P&L then the results are shocking - 2 years worth of CH4 money to pay for the WDT. I don't think that his the case. Its bad enough that one years of the money has been used.

Look, all joking aside, What I am saying is correct, it really is. I am just trying to be helpful and interpret the accounts. I am actually qualified in this area

[Ginge]

Anyway, about this "Hearn Money" that the PDC apparently rely on..,any details on that?

Deflection Klaxon....

I'm not the one who brought it into this thread....

[Ginge]

The BDO made a 15k loss in the financial period but deferred more losses into this year.

Odd how nobody has attacked this post. Bizarre, even.

[ifm]

I think we need a proper accountant, i'm sure there's one that posts on here somewhere.