Deano Money

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Snake
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Location: Oxfordshire

Deano Money

Post by Snake »

Why will it &quotshow as additional in the 2010/11 accounts&quot and not the 2009/10 accounts?

Source - OV minutes of meeting with club.

http://oxvox.yourcrm.co.uk/PageContent.aspx?id=79
Baboo
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Post by Baboo »

&quotProjecting to HOPEFULLY break even.&quot
We gotta BELIEVE I suppose.

&quotAlso, this potential break even figure does not include any Whitehead money, which will show as additional in the 2010/11 accounts.&quot
Did anyone ask why 10/11?
Have we not got the money yet?
Snake
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Re:

Post by Snake »

&quotBaboo&quot wrote:Did anyone ask why 10/11?
Yes - http://forum.oxvox.org.uk/phpBB2/viewtopic.php?t=487

But no response yet.
slappy
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Post by slappy »

I had the same thought, although was rather pre-occupied with VAT matters at the time :oops:

My best guess is that between Oxvox and OUFC they have mixed up accounts years and football seasons, and perhaps the OUFC message was &quot we lost a lot of money last {financial} year but the Deano money will be in next {financial} year's accounts.

We will presumably have to wait another 12 months to find out.
Snake
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Re:

Post by Snake »

&quotslappy&quot wrote:We will presumably have to wait another 12 months to find out.
Why?

Is it IL's club or ours?
GodalmingYellow
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Post by GodalmingYellow »

I think they've just mixed up their accounting years.
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