Ginge wrote:

The Knowledge wrote: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.

Ginge wrote:

The Knowledge wrote: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.

Skewball wrote:

Paddy McGinty wrote:

ifm wrote: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

ifm wrote:

Ginge wrote:

The Knowledge wrote: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.

It contradicts Skewey so............

Paddy McGinty wrote:

Skewball wrote:

Paddy McGinty wrote:

ifm wrote: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

So what you are saying is once they have received the second payment of their two year deal they will be well over 100K up on last year, thanks for admitting this could be a possibility.

Skewball wrote:

Ginge wrote:

The Knowledge wrote: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.

I guess we dont know who he is thats why.

Ginge wrote:

Skewball wrote:

Ginge wrote:

The Knowledge wrote: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.

I guess we dont know who he is thats why.

And why does that matter? Attack the post, not the poster...

Ginge wrote:

Skewball wrote:

Ginge wrote:

The Knowledge wrote: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.

I guess we dont know who he is thats why.

And why does that matter? Attack the post, not the poster...

Skewball wrote:

Paddy McGinty wrote:

Skewball wrote:

Paddy McGinty wrote:

ifm wrote: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

So what you are saying is once they have received the second payment of their two year deal they will be well over 100K up on last year, thanks for admitting this could be a possibility.

Yes, Spot on. And also the WDT is held just after the 2018 year end so if its all been accounted for correctly then this is exactly what could happen.
Your learning

Paddy McGinty wrote:

Skewball wrote:

Paddy McGinty wrote:

Skewball wrote:

Paddy McGinty wrote: 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

So what you are saying is once they have received the second payment of their two year deal they will be well over 100K up on last year, thanks for admitting this could be a possibility.

Yes, Spot on. And also the WDT is held just after the 2018 year end so if its all been accounted for correctly then this is exactly what could happen.
Your learning

On the contrary it would seem you are the one who's learning.........

Paddy McGinty wrote:If only we had a proper chartered accountant on here who could give us a true breakdown of the figures. all this guesswork is doing me head in.

Paddy McGinty wrote:I heard you can buy qualifications on the internet.

Mrs McGinty wrote:

Paddy McGinty wrote:I heard you can buy qualifications on the internet.

You met me on the internet, dearie! I think FarmingSluts.ie has shut down now though

Fond regards, Mrs McGinty

Skewball wrote:

Ginge wrote:

The Knowledge wrote: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.

I guess we dont know who he is thats why.
I would like to quiz him more as the £15k is not correct per the accounts that have been published. If he is taking a consolidated view of both set so accounts then he is still a little bit out. The second statement is interesting but without more details impossible to know more.

Zapp Brannigan wrote:

Skewball wrote:

Ginge wrote:

The Knowledge wrote: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.

I guess we dont know who he is thats why.
I would like to quiz him more as the £15k is not correct per the accounts that have been published. If he is taking a consolidated view of both set so accounts then he is still a little bit out. The second statement is interesting but without more details impossible to know more.

We all know who he is

Zapp Brannigan wrote:

Skewball wrote:

Ginge wrote:

The Knowledge wrote: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.

I guess we dont know who he is thats why.
I would like to quiz him more as the £15k is not correct per the accounts that have been published. If he is taking a consolidated view of both set so accounts then he is still a little bit out. The second statement is interesting but without more details impossible to know more.

We all know who he is

Canuck_bully wrote:The TSOD forensic accountant at work