Accounts to year ended May 31st 2021

[div]

The latest club accounts have been issued;

https://www.blackandwhitearmy.com/downloads/accounts-may2021.pdf

[W6er]

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 January 11, 2022 by W6er

[waldorf34]

When is St Mirren fc AGM?

[shull]

15 minutes ago, waldorf34 said:

When is St Mirren fc AGM?

27th January at 19.30

ON ZOOM

[Callum Gilhooley]

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.