A decent summary
Twenty years ago I passed half an exam towards the multitude required to be a qualified bean counter, so I'm not qualified to answer any accounts question in detail.
But saying we made ?600,000 from the catering can be misleading as it doesn't say what cash or capital we had to spend, or tie up to make that ?600,000.
Another thing is what assets of NCFC are tied up in the catering and cannot be realised, eg we can?t sell a brand new kitchen which may have cost ?100,000.
This is where the numbers get more complicated.
Posted By: KentonCanary on February 16th 2009 at 11:42:39
Message Thread
- Fao Bryan Salad Surgery (NCFC) - Ralf Scrampton, Feb 16, 09:52:01
- ?600,000 profit, but how much does the Catering Operation really cost NCFC? (NCFC) - KentonCanary, Feb 16, 10:20:51
- Am i being a little thick here (lets be honest, that's wouldn't be a first) (NCFC) - megson, Feb 16, 11:29:48
- A decent summary (NCFC) - KentonCanary, Feb 16, 11:42:39
- ah right. See this is what i hate about football now. (NCFC) - megson, Feb 16, 13:36:59
- not eggsactly (NCFC) - Tombs, Feb 16, 11:33:30
- A decent summary (NCFC) - KentonCanary, Feb 16, 11:42:39
- Will be the best catering in League One though... (NCFC) - DemoniCanary, Feb 16, 10:52:16
- to me a lot of the activities are about papering over the cracks (NCFC) - camcan, Feb 16, 10:31:36
- The board (NCFC) - iwans_ex_dentist, Feb 16, 10:46:04
- I agree totally. (NCFC) - camcan, Feb 16, 10:52:06
- I'd agree with that (NCFC) - iwans_ex_dentist, Feb 16, 10:55:37
- I agree totally. (NCFC) - camcan, Feb 16, 10:52:06
- Bryan smiles too (NCFC) - pants, Feb 16, 10:36:11
- Delia is the Boston Strangler now? (NCFC) - Tombs, Feb 16, 10:35:02
- try reading it rather than behaving like a two-year-old (NCFC) - camcan, Feb 16, 10:39:54
- try a single day not being entirely up your own arse (NCFC) - Tombs, Feb 16, 10:42:15
- The AGM in November was significant for me in making my mind up about our Club (NCFC) - lovely old job, Feb 16, 11:00:05
- Along with Wynn Jones retort to a shareholder ''well what would you do'' (NCFC) - lovely old job, Feb 16, 11:05:24
- all of which makes the size of our gates quite baffling (NCFC) - Tombs, Feb 16, 11:07:45
- Along with Wynn Jones retort to a shareholder ''well what would you do'' (NCFC) - lovely old job, Feb 16, 11:05:24
- ^^^ BOARD VIOLATION ^^^^ (n/m) (NCFC) - shoddy, Feb 16, 10:54:39
- Oh dear I forgot the cardinal rule (NCFC) - camcan, Feb 16, 10:50:00
- The AGM in November was significant for me in making my mind up about our Club (NCFC) - lovely old job, Feb 16, 11:00:05
- try a single day not being entirely up your own arse (NCFC) - Tombs, Feb 16, 10:42:15
- try reading it rather than behaving like a two-year-old (NCFC) - camcan, Feb 16, 10:39:54
- The board (NCFC) - iwans_ex_dentist, Feb 16, 10:46:04
- Am i being a little thick here (lets be honest, that's wouldn't be a first) (NCFC) - megson, Feb 16, 11:29:48
- *you'll have missed* (NCFC) - Ralf Scrampton, Feb 16, 09:52:52
- ?600,000 profit, but how much does the Catering Operation really cost NCFC? (NCFC) - KentonCanary, Feb 16, 10:20:51
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