City & FFP | 2020/21 Accounts released | Revenues of £569.8m, £2.4m profit (p 2395)

[Prestwich_Blue]

Re: City & FFP (continued)

UEFA send out a toolkit, which is badically a template with explanatory notes and worked examples.

Here's the link to it: Toolkit/url].

Why is it it doesn't work when go to click on it..
<a class="postlink" href="http://www.tff.org/Resources/TFF/Documents/000013/TFF/Kulup-Lisans/UEFA-CL-FFP-IT-Solution-Toolkit-2013.pdf" onclick="window.open(this.href);return false;">http://www.tff.org/Resources/TFF/Docume ... t-2013.pdf</a>

Try it now.

I've fixed it in the post but thanks anyway.

 

[blueincy]

Re: City & FFP (continued)

Keeps coming up Failed to load PDF document..

 

[Prestwich_Blue]

Re: City & FFP (continued)

Keeps coming up Failed to load PDF document..

Sounds like you don't have Adobe Reader or your version is corrupt.

 

[BlueAnorak]

Re: City & FFP (continued)

Does anybody know why our accounts are released so much later than other PL clubs?
I know that we aren't listed on the stock exchange so we can release them at our leisure but surely six months on they must
have been completed by now? In the bad old days we used to release in October and the bun fight that was the AGM was
one of the highlights of the run up to Christmas. The year Frank Clark told Elliot Rashman to go and support Stockport County
and we had the bomb scare being my particular favourite!

To stop UEFA changing the rules before the end of March I would imagine.
The last time we published our accounts before Christmas - UEFA changed the rules for filling in the FFP return that covered those accounts so we just failed for that season.

 

[blueincy]

Re: City & FFP (continued)

Keeps coming up Failed to load PDF document..

Sounds like you don't have Adobe Reader or your version is corrupt.

I have Adobe XI just updated still getting same message?

 

[Centurions]

Re: City & FFP (continued)

Keeps coming up Failed to load PDF document..

Sounds like you don't have Adobe Reader or your version is corrupt.

I have Adobe XI just updated still getting same message?

Clear your history and try again, it works fine on mine.

 

[silverback]

Re: City & FFP (continued)

Keeps coming up Failed to load PDF document..

Sounds like you don't have Adobe Reader or your version is corrupt.

If it comes from UEFA it might possibly be corrupt. :)

 

[blueincy]

Re: City & FFP (continued)

Sounds like you don't have Adobe Reader or your version is corrupt.

I have Adobe XI just updated still getting same message?

Clear your history and try again, it works fine on mine.

Cheers working now..

 

[john@staustell]

Re: City & FFP (continued)

I have Adobe XI just updated still getting same message?

Clear your history and try again, it works fine on mine.

Cheers working now..

Thank fuck you didn't have the FIFA version.

 

[john@staustell]

Re: City & FFP (continued)

That's what I'd imagine. We prepare full accounts as a limited company, then prepare an FFP return with any allowed or disallowed items taken into account.

The FFP return will be a bit like a tax return: you do not simply pay tax on the net profit before tax shown in the statutory (published) financial statements. A variety of adjustments are made to get to the taxable profit for corporation tax purposes (not that City are very familiar with having a taxable profit).

I would imagine that for FFP there is a return that starts with the net profit (loss) after tax on the published, audited, financial statements and then lit the adjustments required to bring to an FFP profit or loss. Depreciation will be an add back in that calculation.

UEFA send out a toolkit, which is badically a template with explanatory notes and worked examples.

Here's the link to it: Toolkit.

That's one massive JCB of a toolkit