[Looker-on]

The accounts for the 2023-4 season have landed at Companies House. Let the Games Begin!

CFC 2001 LTD filing history - Find and update company information - GOV.UK

[Goku]

60s/70s come and decipher these mysterious hieroglyphs for us pls

[Westbars Spireite]

Lost well over £3m. Not exactly pretty reading but very few football clubs' are.

This post has been edited by Westbars Spireite: 23 March 2025 - 04:30 PM

[isleaiw1]

Westbars Spireite, on 23 March 2025 - 04:29 PM, said:

Lost well over £3m. Not exactly pretty reading but very few football clubs' are.

And we spent £1.2m more in wages and salaries....

[isleaiw1]

Westbars Spireite, on 23 March 2025 - 04:29 PM, said:

Lost well over £3m. Not exactly pretty reading but very few football clubs' are.

duplicate post

This post has been edited by isleaiw1: 23 March 2025 - 05:31 PM

[60s 70s Spireite]

Goku, on 23 March 2025 - 04:06 PM, said:

60s/70s come and decipher these mysterious hieroglyphs for us pls

Will look in detail later this week, but I am out tonight.
Quick look, wages up from £3.9M to £5M. Transfer fees contracted for in the year to 30 June 2024, £100,600. Who would that be for?

This post has been edited by 60s 70s Spireite: 23 March 2025 - 05:31 PM

[azul]

60s 70s Spireite, on 23 March 2025 - 05:30 PM, said:

Will look in detail later this week, but I am out tonight.
Quick look, wages up from £3.9M to £5M. Transfer fees contracted for in the year to 30 June 2024, £100,600. Who would that be for?

Berry? Grigg?

This post has been edited by azul: 23 March 2025 - 05:39 PM

[Trigger]

60s 70s Spireite, on 23 March 2025 - 05:30 PM, said:

Will look in detail later this week, but I am out tonight.
Quick look, wages up from £3.9M to £5M. Transfer fees contracted for in the year to 30 June 2024, £100,600. Who would that be for?

Berry was rumoured to be 100k wasn't he?

This post has been edited by Trigger: 23 March 2025 - 05:52 PM

[Search & Destroy]

#inflatedbackroomstaff

[warfey is a spireite]

Trigger, on 23 March 2025 - 05:51 PM, said:

Berry was rumoured to be 100k wasn't he?

Read 400 k somewhere

[spireitetoo]

warfey is a spireite, on 23 March 2025 - 07:05 PM, said:

Read 400 k somewhere

That was the rumoured sale price, not purchase price bud.

[stainlessstephen]

Company loss making. But which lower league football club makes a profit?

I think we are in good hands and not in any need of my professional services.

Let's keep it that way.

[60s 70s Spireite]

stainlessstephen, on 23 March 2025 - 07:23 PM, said:

Company loss making. But which lower league football club makes a profit?

Exeter City

[Search & Destroy]

60s 70s Spireite, on 23 March 2025 - 10:08 PM, said:

Exeter City

Yeah but that’s the exception, they have Caldwell at the wheel

[stainlessstephen]

Search & Destroy, on 24 March 2025 - 07:47 AM, said:

Yeah but that’s the exception, they have Caldwell at the wheel

His sacking / payoff will inevitably show in a future set of their financial statements...

[60s 70s Spireite]

Some more observations
• Losses entirely funded by Kirks share issue
• Per the Directors Report- One player [Berry] signed from step four has subsequently been sold for many times the original cost
• Again from the Directors Report- Return to EFL is significant for increased revenue guaranteed by the football authorities
• The high wages (my take) probably include large player and management Championship and Cup bonuses
• We received £15k for player sales

The value of the Community Trusts shares, per their accounts, in CFC have been mostly written off.

[stainlessstephen]

60s 70s Spireite, on 24 March 2025 - 08:50 AM, said:

Some more observations
• Losses entirely funded by Kirks share issue
• Per the Directors Report- One player [Berry] signed from step four has subsequently been sold for many times the original cost
• Again from the Directors Report- Return to EFL is significant for increased revenue guaranteed by the football authorities
• The high wages (my take) probably include large player and management Championship and Cup bonuses
• We received £15k for player sales

The value of the Community Trusts shares, per their accounts, in CFC have been mostly written off.

My immediate thought is if the club continues to make operating losses, ensuring these are covered or mitigated as far as possible.

I'll continue buying a Euromillions ticket. If I win the jackpot, one of my first calls will be to the club to see how I can help.

[60s 70s Spireite]

Search & Destroy, on 24 March 2025 - 07:47 AM, said:

Yeah but that’s the exception, they have Caldwell at the wheel

Caldwell had nothing to do with the development and selling of Ollie Watkins, Ethan Ampadu, Matt Grimes et al which has contributed to their exceptional well being.
https://www.transfer...nge/verein/6699
Question is how do they pick up such good youngsters. Remoteness from many other clubs?

[DIFH]

azul, on 23 March 2025 - 05:36 PM, said:

Berry? Grigg?

Was Berry with us, these are 23/24 accounts.?

[prolurker]

60s 70s Spireite, on 24 March 2025 - 10:59 AM, said:

Caldwell had nothing to do with the development and selling of Ollie Watkins, Ethan Ampadu, Matt Grimes et al which has contributed to their exceptional well being.
https://www.transfer...nge/verein/6699
Question is how do they pick up such good youngsters. Remoteness from many other clubs?

Got it in one, those three players all born within distance of the club and not huge compeition locally.

If we're in that situation you have Forest, Sheffield Utd, Sheff W, Derby all sniffing around the same talent.