[The Black Triangle]

Does this email and postal address mean that this Sutcliffe character is now employed by this FBT group? Despite running up £250,000 worth of debt and lumbering them with it?
How does that work then?

[dim view]

Zorro, on 05 April 2017 - 10:36 AM, said:

It's about time that somebody woke up and stopped treating us as idiots!!

No rock will be un-turned until the truth comes out and the people involved are found out for what they really are.

Z

Rob
Possibly like many others, I'm struggling to comprehend how serious all this is.

This evidence seems to imply that Turner was aware of events as Sutcliffe has asked the originator to stop copying him in on the exchange.
Have you any idea when the work, whatever it was, that generated the invoice was carried out?

Have parents from all over the world been paying fees to a dormant company?

What would you recommend we do next?
Are we powerless to do 'owt?

[The Black Triangle]

dim view, on 05 April 2017 - 02:26 PM, said:

Rob
Possibly like many others, I'm struggling to comprehend how serious all this is.

This evidence seems to imply that Turner was aware of events as Sutcliffe has asked the originator to stop copying him in on the exchange.
Have you any idea when the work, whatever it was, that generated the invoice was carried out?

Have parents from all over the world been paying fees to a dormant company?

What would you recommend we do next?
Are we powerless to do 'owt?

Why don't you go to the Police?

[Guest_freelander2_*]

This press release dated 23/05/16 totally contradicts the non trading period (01/02/16 to 30/06/16).

http://mobile.cheste...nt-3123049.aspx

This post has been edited by freelander2: 05 April 2017 - 02:38 PM

[spireitenag]

freelander2, on 05 April 2017 - 02:37 PM, said:

This press release dated 23/05/16 totally contradicts the non trading period (01/02/16 to 30/06/16).

http://mobile.cheste...nt-3123049.aspx

Let's face it every single official statement regarding the CFCDS or International Academy has actually contradicted everything that is in reality true.

[moondog]

AC sent me a text last night after reading the posting asking the question about his son, an employee of the organisation that claims not to have traded between Jan and June 2016.

He said his son has been paid every month since FBT took over all of the payroll, with payments up to date and tax deducted ok. He said as it had nothing to do with CFC he wasn't bothered and wouldn't be responding to any questions about it at the fans forum.

I reminded him of the audit report he asked Shorts to conduct back in January looking at the transactions between the club & the development centre for year ending 30/6/16 that was published with his consent on here.

He stated he did agree that it appeared the business was trading when technically closed. He added he didn't know who the club was trading with and which company but he will confirm along with which company paid his son before FBT took over. So watch this space.

[Zorro]

dim view, on 05 April 2017 - 02:26 PM, said:

Rob
Possibly like many others, I'm struggling to comprehend how serious all this is.

This evidence seems to imply that Turner was aware of events as Sutcliffe has asked the originator to stop copying him in on the exchange.
Have you any idea when the work, whatever it was, that generated the invoice was carried out?

Have parents from all over the world been paying fees to a dormant company?

What would you recommend we do next?
Are we powerless to do 'owt?

I think CT had been requesting that LS paid the bill as a matter of urgency, but that never happened. Hence LS requested that CT should be removed from further correspondence.
Of course I know the date because I have an original copy dated 05/07/2016 which was then changed as per the request made from LS to adjust the invoicee.
In addition to those 2 copies, I have an invoice made out to the first payee on 07/04/2015 which didn't cause any issues.

To answer your last question, at this moment in time the enquiries and investigations are in the hands of the liquidators regarding the business that LS wound up. It was up to LS to give the full accounts to the liquidators and not just what he thought was owing. We can't do anything until the final report is posted by the liquidators. Let's just hope we get the correct outcome from them because if we don't, then that is the time for us to seek further legal advice. They are governed by laws and have to act accordingly.

Z

[moondog]

Trading report produced again here

[Zorro]

freelander2, on 05 April 2017 - 02:12 PM, said:

Rob,

I've got this saved in my phone from early April 2016, it was an article from a matchday programme. Any ideas which one?

It could be either the Fleetwood game or the Port Vale game Mike, I haven't got those 2 with me at work but will check later if nobody else can find.

Rob

[Guest_freelander2_*]

moondog, on 05 April 2017 - 03:52 PM, said:

He said his son has been paid every month since FBT took over all of the payroll, with payments up to date and tax deducted ok.

You'll remember that at the fans' forum on 09/11/16 after members of the top table tried to suggest that they were unaware of outstanding payments to suppliers and parents, AC was reminded that his son had been letting it be known that his wages were in arrears and AC confirmed that the issue had been cleared up a few days earlier.

When did FBT takeover the payroll duties?

[dim view]

Zorro, on 05 April 2017 - 03:59 PM, said:

To answer your last question, at this moment in time the enquiries and investigations are in the hands of the liquidators regarding the business that LS wound up. It was up to LS to give the full accounts to the liquidators and not just what he thought was owing. We can't do anything until the final report is posted by the liquidators. Let's just hope we get the correct outcome from them because if we don't, then that is the time for us to seek further legal advice. They are governed by laws and have to act accordingly.

Z

thanks

One problem we have then is that whoever is paying the Liquidator his fee - the knight in shining armour who ensured our meeting happened - will be able to delay the outcome indefinitely.

[60s 70s Spireite]

dim view, on 05 April 2017 - 08:46 PM, said:

thanks

One problem we have then is that whoever is paying the Liquidator his fee - the knight in shining armour who ensured our meeting happened - will be able to delay the outcome indefinitely.

The ICAEW have a best practice for Liquidators inestigation into the affairs of an insolvent company. https://www.icaew.co...ny-affairs.ashx
We trust Booth & Co will follow these guidelines.
Moreover the Liiquidator has to file a report on a six monthly basis.

[dim view]

60s 70s Spireite, on 05 April 2017 - 09:37 PM, said:

The ICAEW have a best practice for Liquidators inestigation into the affairs of an insolvent company. https://www.icaew.co...ny-affairs.ashx
We trust Booth & Co will follow these guidelines.
Moreover the Liiquidator has to file a report on a six monthly basis.

just to be clear then, where is the report filed and can we read it?

[60s 70s Spireite]

dim view, on 06 April 2017 - 07:44 AM, said:

just to be clear then, where is the report filed and can we read it?

The reports are sent to every known creditor and shareholder as well as to the Registrar of Companies; so yes we can read them.
Time limits for delivery of these reports are the same for all liquidations that is, within 20 working days of each six-months following the commencement of the liquidation.

[dim view]

moondog, on 05 April 2017 - 03:52 PM, said:

AC sent me a text last night after reading the posting asking the question about his son, an employee of the organisation that claims not to have traded between Jan and June 2016.

He said his son has been paid every month since FBT took over all of the payroll, with payments up to date and tax deducted ok. He said as it had nothing to do with CFC he wasn't bothered and wouldn't be responding to any questions about it at the fans forum.

I reminded him of the audit report he asked Shorts to conduct back in January looking at the transactions between the club & the development centre for year ending 30/6/16 that was published with his consent on here.

He stated he did agree that it appeared the business was trading when technically closed. He added he didn't know who the club was trading with and which company but he will confirm along with which company paid his son before FBT took over. So watch this space.

The Club Secretary didn't know who the club was trading with?
He has the same problem with the pie contract.
Time for another short break Ashley. The strain is getting to you.

[Benno Spire]

dim view, on 06 April 2017 - 09:38 AM, said:

The Club Secretary didn't know who the club was trading with?
He has the same problem with the pie contract.
Time for another short break Ashley. The strain is getting to you.

Exactly, the same company he put his own money in to.
Out of interest is AC showing as a creditor?

[Guest_freelander2_*]

freelander2, on 05 April 2017 - 02:12 PM, said:

Rob,

I've got this saved in my phone from early April 2016, it was an article from a matchday programme. Any ideas which one?

image upload no compression

So CFC Football Development School Ltd ceased trading on 31/01/16 and the new company, CFC International Football Academy Ltd didn't trade up to and including 30/06/16, yet this article appeared in Port Vale programme (thanks Keith) dated 02/04/16!

[Dancingwilldoit]

60s 70s Spireite, on 05 April 2017 - 09:37 PM, said:

The ICAEW have a best practice for Liquidators inestigation into the affairs of an insolvent company. https://www.icaew.co...ny-affairs.ashx
We trust Booth & Co will follow these guidelines.
Moreover the Liiquidator has to file a report on a six monthly basis.

The liquidator will only act whilst ever he has the funds to cover his costs or else he believes there is money to be recovered to cover them. The liquidator can turn round at anytime and simply walk away from it all if there is no fee for him. The company will then just sit there until somebody applies for a winding up order. As soon as the pennies run out then so will Booth & Co. If this happens Mr Sutcliffe will be laughing all the way to his next scam.

This post has been edited by Dancingwilldoit: 06 April 2017 - 10:36 AM

[Benno Spire]

freelander2, on 06 April 2017 - 10:28 AM, said:

So CFC Football Development School Ltd ceased trading on 31/01/16 and the new company, CFC International Football Academy Ltd didn't trade up to and including 30/06/16, yet this article appeared in Port Vale programme (thanks Keith) dated 02/04/16!

Can't be right, LS doesn't tell lies does he!! Time for Mr Plod to have a chat.
It appears IMO that someone may have been hiving off money for a number of months hoping no one will notice

[Zorro]

Dancingwilldoit, on 06 April 2017 - 10:35 AM, said:

The liquidator will only act whilst ever he has the funds to cover his costs or else he believes there is money to be recovered to cover them. The liquidator can turn round at anytime and simply walk away from it all if there is no fee for him. The company will then just sit there until somebody applies for a winding up order. As soon as the pennies run out then so will Booth & Co. If this happens Mr Sutcliffe will be laughing all the way to his next scam.

And this is what worries me!!
On our way to the meeting we received a tip off that the liquidators had not received any funds from LS and that the meeting may have needed to be cancelled, however when we arrived and after a 15 minute wait, we were called into the meeting. We did ask the question regarding the funding but told that was between the liquidator & LS as payment had now been assured.

I have no idea who provided the security for funding.

Z