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Accounts to year ended May 31st 2021


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A £45,191 loss before government grants and gain on investments. That's not bad, though of course the credit goes to the previous administration.

I'm not great at reading accounts, I know the difference between gross and net and that brackets are negative, but that's about it. However it seems that we actually made a profit of £449,393. That actually seems quite good, or am I being thick?

 

 

Edited by W6er
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1 hour ago, W6er said:

A £45,191 loss before government grants and gain on investments. That's not bad, though of course the credit goes to the previous administration.

I'm not great at reading accounts, I know the difference between gross and net and that brackets are negative, but that's about it. However it seems that we actually made a profit of £449,393. That actually seems quite good, or am I being thick?

 

 

Like yourself, I am no good at reading these things. Hopefully someone on here or elsewhere  ( preferably someone with an accounting background !!) will give us a reasonably accurate layman’s assessment of the figures .   
 

Exceptional year , so don’t think it will give a true picture of how the club is being run financially overall. 
 

 

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