Clear Leisure Share Discussion Threads

[vauch] 18/1/2017 16:19

Well maybe if an update is on its way then I hope it contains some reference to the misdemeanour.

[temmujin] 18/1/2017 15:58

january update tomoro? very little traded yet up 15%

[sheep_herder] 18/1/2017 15:06

OK, thanks RKB. Glad someone is paying attention.

[vauch] 18/1/2017 15:05

RKB.
We both know that it is the 10% but will have to put up with it until next AGM.
An it will be a very interesting meeting as it has to be recorded.

[daicaprice] 18/1/2017 15:04

Standing room only no doubt tem.

DC

[temmujin] 18/1/2017 15:02

Euston...we have lift off!

[rkbeekeeper] 18/1/2017 14:34

It could mean that we had a net improvement in our assets of Euro of 9,335,969 and not an improvement of Euro 1,010,480.

The question to ask is why if the correct figures were used in the 2015 that this improvement did not filter through to the main accounts?

Now as Professor gets 10% Bonus this is very good for him.

Lets say Professor sells an asset for 4 million but we had it in the books for say 5 million then it may attract a buyer. But if it is on our books for say 1 million and he sells it for say 2 million he gets his 10% and the buyer gets an asset that was worth 5 million two years ago for 2 million, a nice little earner.

RKB

[fire2480] 18/1/2017 13:03

Please remember all how villa was not the most credible ceo during his reign , im sure he has not made it easy for our current bod to establish our assetts and values ( spiders web ) as already indicated by them . Any body who has been here a number of years will be thinking villa? Anomality ? Questions ?About time we had some clarity on this!

[sheep_herder] 18/1/2017 13:02

I'm not, and don't want to be, an accountant. :-) What does that mean in English?

[rkbeekeeper] 18/1/2017 13:01

Please look at LSE South East as I have hit a raw nerve (in my opinion)

RKB

[daicaprice] 18/1/2017 12:55

Thanks for posting RKB, we will await a response.

DC

[rkbeekeeper] 18/1/2017 12:54

My research tells me that BOD will not offer an explanation and PR Guy will be replaced.

RKB

[rkbeekeeper] 18/1/2017 12:35

Here is the Anomaly

One of our 100% owned companies Brainspark:

I have been looking again at the accounts for Brainspark Associates Ltd registration number 0372342 and I have come across some anomalies.

From the accounts that were filed on 30 September 2016.

On page 6 under ‘Net current liabilities’ the value for 2014 says (35,015,776) and Total assets less current liabilities (12,721,448)

Under ‘Capital and Reserves’ the values for 2014 says 876, 8,325,486 and (21,047,810) and Shareholders’ funds (12,721,448)

Then from the accounts filed on 2 October 2015 on page 5 the values for 2014 under ‘Net current liabilities’ it says (43,341,265) and Total assets less current liabilities (21,046,937)

Under ‘Capital and Reserves’ the values for 2014 says 873, and (21,047,810) and Shareholders’ funds (21,046,937)

There could be a perfectly good explanation as to why the c/fwd figures from 2014 are different but the accounts do not say something like ‘as restated’. On the surface if the figures stated in the 2014 accounts are correct and it is just a human error in the preparation of the 2015 accounts then when an investor looks at the 2015 accounts what it is telling them is that our Total Assets less current liabilities have went from -12,721,448 to -11,710,968 which would be an improvement of 1,010,480.

Then on the other hand if the 2015 accounts do have the incorrect values and the net current liabilities were really -21,046,937 then this would be an improvement of 9,335,969 (calculated by subtracting 11,710,968 from 21,046,937)

As you can see (hopefully) to have an improvement of 9,335,969 compared to 1,010,480 is a substantial difference.

Jonathan Bradley-Hoare the senior statutory auditor was the auditor who signed off the accounts on 29 September 2016.

Now you all have what 16 other fellow Posters have.

If this Post is removed by Admin then we know we have hit a very raw nerve as it has now been one week and BOD are not responding.

This is all my own research which has been taken from Companies House.

DYR RKB

[rkbeekeeper] 18/1/2017 11:08

Receive email thanks.

Not at home but I have hard copies of past 5 years accounts and when I get home this afternoon I will see what I have but my recollection was this was fully explained in the preface and notes at end of accounts

RKB

[dice1950] 18/1/2017 10:48

vauch care 2 share please im a big holder as RKB will confirm

[petersmith6] 18/1/2017 10:33

What signs of life.. Surly not

[vauch] 18/1/2017 10:25

RBK I have sent email and attached info

[daicaprice] 18/1/2017 10:23

Nice buying @.7p for 570k.

DC

[dice1950] 17/1/2017 12:31

RKB get in there m8

[rkbeekeeper] 17/1/2017 12:07

Anomaly

It is only 1.3 miles from Clear Leisure’s registered office at Great James Street to our Auditors office in Percy Street. Maybe they could arrange a meeting half way between each office at The British Museum.

I would recommend that they meet at The British Museum this Thursday at 1:15pm as there is a Gallery Talk called ‘Chinese Money’ by Helen Wang which could assist them is formulating a response to an anomaly in the accounts.

DYR

RKB

[rkbeekeeper] 17/1/2017 09:30

Sorry

It appears the information I found on Companies House is from the wrong Welbeck Securities only discovered this when I began to read their accounts. My apologies..

RKB

[rkbeekeeper] 17/1/2017 09:22

Interesting

The Auditors that have signed off the Accounts (for the past 5 years) which have an anomaly their main business is

Buying and selling of own Real Estate

and

Management of Real Estate on a Fee or a Contract basis.

RKB

[rkbeekeeper] 13/1/2017 23:18

So far 11 BB Posters have received the anomaly with the 2015 accounts. When or if PR Guy or BOD give me an explanation I will aim to email the 11 BB Posters first and then I will post here to everyone else.

RKB

[saturdaygirl] 13/1/2017 22:31

Ten Man Bag is very good .

Vauch

You do pick them !

Safe as houses will be HOC with other PM miners going 4 fold

SOLG AAZ

At least take a look

[rkbeekeeper] 13/1/2017 22:20

Hi Vauch

Out for diner but due home before 11pm so will email then

RKB