£20m Loan Write-Off Leads To Extraordinary 2016 Profit At Sixways
https://adamkaygroup.com/uncategorized/du5t8b0y7b Worcester Warriors through their operating company, WRFC Trading Ltd made a profit of £13.8m in the year-ending June 2016 due to a write-off of shareholder loans worth £20.4m during the year.
https://www.beecavebee.com/kq4b3g9juilThe accounts were filed in April this year, but this extraordinary item has only been called to the attention of Running Rugby this week.
https://olashirt.com/sfjw4dtydvw The underlying loss for the year before tax was £6.6m, an increase of £1.1m from the prior year. Turnover increased by £1.5m to £9.8m, which was due to an additional £0.7m in central funding, £0.6m in gate receipts and £0.2m from other commercial activity.
https://regenamex.com/yh8yyvbec6https://electroseleccio.cat/hw55wtgjo7 The business continues to run a successful conference and events operation, turning over £1.1m in a range of events from sales meetings to weddings.
https://www.daathize.com.br/xqu5er58jej The club continues to be reliant on its shareholders for its financial support. The shareholders continue to fully support the club’s five-year investment plan.
