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Financial Report: when?
Quick find code: 261-262-536-65383964
Sha ky
said
:
All companies in the UK have to file their financial statements (The balance sheet, the profit and loss and a statement of cash flow) within 6 months of the businesses financial year or face fines.
These reports are filled to Companies House which can be viewed by the public for a small fee, I think it's £0.99 to download them. The reports have to be externally audited before filing to ensure accuracy, which is why it can take time to file them and hence why companies are given 6 months to submit them.
Jagex's year end is 31st March I believe so they have until the end of September to file them, last year they were late in filing them and they did get fined but the fine is actually really small. I'd have to pull out my books to find the actual price but it's like £750 for a month late and up to £8,000 for over 6 months late so while avoiding that fine would be nice it's not exactly going to break the bank if they do submit it late.
Don't expect them to be released to the public until around October time.
Thanks
We must change the raffle rules to avoid raffle rigging in future
All companies in the UK have to file their financial statements (The balance sheet, the profit and loss and a statement of cash flow) within 6 months of the businesses financial year or face fines.
These reports are filled to Companies House which can be viewed by the public for a small fee, I think it's £0.99 to download them. The reports have to be externally audited before filing to ensure accuracy, which is why it can take time to file them and hence why companies are given 6 months to submit them.
Jagex's year end is 31st March I believe so they have until the end of September to file them, last year they were late in filing them and they did get fined but the fine is actually really small. I'd have to pull out my books to find the actual price but it's like £750 for a month late and up to £8,000 for over 6 months late so while avoiding that fine would be nice it's not exactly going to break the bank if they do submit it late.
Don't expect them to be released to the public until around October time.
Thanks
We must change the raffle rules to avoid raffle rigging in future
09-Jun-2014 14:21:01
Fall Star
said
:
Weyburn said :
Guppy said :
a) people (inc myself) want financial statements potentially for school/university assignments
b) to analyse it to see what jagex has been doing with their money etc
They're a private company, any information they disclose if of their own free will. This means they probably won't share any information.
Nah they don't have a choice.
Ah kk didnt know there were laws against disclosing info to the public, maybe its a UK thign?
We must change the raffle rules to avoid raffle rigging in future
Weyburn said :
Guppy said :
a) people (inc myself) want financial statements potentially for school/university assignments
b) to analyse it to see what jagex has been doing with their money etc
They're a private company, any information they disclose if of their own free will. This means they probably won't share any information.
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Nah they don't have a choice.
Ah kk didnt know there were laws against disclosing info to the public, maybe its a UK thign?
We must change the raffle rules to avoid raffle rigging in future
01-Jul-2014 00:22:06
Oh Duck
said
:
Their 2013 report does not have to be filed until the end of September I believe.
^This has been stated many times be other RS players, so lets wait 1 month and see
Their 2013 report does not have to be filed until the end of September I believe.
^This has been stated many times be other RS players, so lets wait 1 month and see
06-Sep-2014 16:07:21
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