I work with a Scot and i'm still getting over how they pronounce the letter J as if it's pronounced "ji".
And they don't go for "jabs" they go for "jags".
But the insistence on calling everything "wee", yet when we have small changes at work, still call it a wee small change, not a wee, wee change, or just a wee change!
It has its roots in the Old English word cwic, meaning living. Thus, to cut to the quick means to cut deeply - either with a physical wound or, as seen in Sir Thomas More's Utopia (1551), to the limit of a person's ability to survive: "Their tenants... whom they poll and shave to the quick, by raising their rents."
I got my copy of the 30th June 2024 accounts earlier this week, as a Founder Member, or whatever. (TLDR: We're very reliant on Mr Lomtadze's continuing ability and inclination to fund the club.) Some key numbers:
Turnover £5,792,145 (2023 £5,691,150)
Loss for FY £3,852,571 (£2,959,667)
Net liabilities £6,430,385 (£3,812,814)
Cash at bank in hand £1,322,428 (£19,987)
Creditors: amounts falling due within one year £2,158,837 (£4,184,441)
Creditors: amounts falling due after more than one year £7,161,536 (£933,257)
There is a going concern qualification making clear the ongoing dependency on the ultimate owner, of course.
Interesting that at the end of June 2024, there was no change in the issued share capital. So, while the deal to take over from Rob Couhig was done on 3rd May, there was no move to pump in new equity at that point or in the weeks following. I had assumed that the winter cash injection to finance the player purchases in January 2025 was funded by a share issue, to beat the change in the rule about the proportion of new shares which could be spent on wages etc. reducing from 100% to 60%. Would be interesting to hear from the Trust on that.
Like his Excellency, the Gasman, I was also a bit bemused by the quote in the notes under "Creditors: amounts falling due after more than one year", on the subject of a "loan with EFL". The full quote is:
"In 2023, other loans falling due in greater than one year related to a loan with EFL. This loan was repaid early, in August 2024. In 2024 other loans falling due in greater than one year related to a loan with Feliciana EFL Limited, the immediate parent company. £1,894,512 of this amount was year in creditors payable within one year."
‘Like his Excellency, the Gasman, I was also a bit bemused by the quote in the notes under "Creditors: amounts falling due after more than one year", on the subject of a "loan with EFL’
I’d really like to know more about this. I have a theory.
Comments
24 hours to kickoff.....
I hate it when people pronounce Glasgow Glarsgow.
On the Lincoln forum they were talking about how forgettable a 0-0 with us in 2018 was. Evidently not!
I hope @micra gets a good redundancy package!
I work with a Scot and i'm still getting over how they pronounce the letter J as if it's pronounced "ji".
And they don't go for "jabs" they go for "jags".
But the insistence on calling everything "wee", yet when we have small changes at work, still call it a wee small change, not a wee, wee change, or just a wee change!
Agreed, Everyone knows the gl and the w are silent.
Perhaps @micra has been severed…
I’m cut to the quick, whatever that means.
It has its roots in the Old English word cwic, meaning living. Thus, to cut to the quick means to cut deeply - either with a physical wound or, as seen in Sir Thomas More's Utopia (1551), to the limit of a person's ability to survive: "Their tenants... whom they poll and shave to the quick, by raising their rents."
Apparently
You’re very erudite @Twizz. To be fair, I’ve known that for about 40 years! 🎓
That was copied directly from the Iinternet - they're not my words.
I got my copy of the 30th June 2024 accounts earlier this week, as a Founder Member, or whatever. (TLDR: We're very reliant on Mr Lomtadze's continuing ability and inclination to fund the club.) Some key numbers:
Turnover £5,792,145 (2023 £5,691,150)
Loss for FY £3,852,571 (£2,959,667)
Net liabilities £6,430,385 (£3,812,814)
Cash at bank in hand £1,322,428 (£19,987)
Creditors: amounts falling due within one year £2,158,837 (£4,184,441)
Creditors: amounts falling due after more than one year £7,161,536 (£933,257)
There is a going concern qualification making clear the ongoing dependency on the ultimate owner, of course.
Interesting that at the end of June 2024, there was no change in the issued share capital. So, while the deal to take over from Rob Couhig was done on 3rd May, there was no move to pump in new equity at that point or in the weeks following. I had assumed that the winter cash injection to finance the player purchases in January 2025 was funded by a share issue, to beat the change in the rule about the proportion of new shares which could be spent on wages etc. reducing from 100% to 60%. Would be interesting to hear from the Trust on that.
Like his Excellency, the Gasman, I was also a bit bemused by the quote in the notes under "Creditors: amounts falling due after more than one year", on the subject of a "loan with EFL". The full quote is:
"In 2023, other loans falling due in greater than one year related to a loan with EFL. This loan was repaid early, in August 2024. In 2024 other loans falling due in greater than one year related to a loan with Feliciana EFL Limited, the immediate parent company. £1,894,512 of this amount was year in creditors payable within one year."
EFL loan. Didn’t the EFL make loans available to clubs because of Covid? Perhaps it was that.
‘Like his Excellency, the Gasman, I was also a bit bemused by the quote in the notes under "Creditors: amounts falling due after more than one year", on the subject of a "loan with EFL’
I’d really like to know more about this. I have a theory.