Share Transfers Agreed/Cooling off period

[blindsummit]

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Do they have any Assets? surely they are all liabilities

I think they have a 40w light bulb lying around somewhere......

[Treadstone]

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I think they have a 40w light bulb lying around somewhere......

Aye buts it no an energy saver and its a screw-in not a bayonet.

[greenginger]

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1. agreed

2. if the company is struck off ( and it won't be ), the company is dead. All assets become the property of the State.

Yeah, and if you want to get hold of any of the said assets you have to approach ; The Queen's Rememberencer in Scotland, usually some old school Solicitors and make them an offer.

I'm sure there must be some history worth buying !

[Kaiser1962]

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Thats a possibility, they've been a lot later with their accounts in previous years without this action.

Of course it could be some yam supporters with an outstanding payment due and a " Cunning Plan ".

The Baldrick Save Our Hearts Association !

Its still early for them. Think it was May 10th last year and if its the the same this year the most up to date figures available will be close to 11 months old.

[Gus Fring]

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Its still early for them. Think it was May 10th last year and if its the the same this year the most up to date figures available will be close to 11 months old.

Hearts last set of accounts only goes up to June 2011 and were already overdue at the time IIRC.
The most recent set were due before the end of 2012. They are apparently about to file and if they don't file them before the 31st of this month, they'll be subject to punishment by the SPL, who better not bloody bottle it like they did last year!

[Ozyhibby]

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Hearts last set of accounts only goes up to June 2011 and were already overdue at the time IIRC.
The most recent set were due before the end of 2012. They are apparently about to file and if they don't file them before the 31st of this month, they'll be subject to punishment by the SPL, who better not bloody bottle it like they did last year!

Anyone know what the penalties are?

[JimBHibees]

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Anyone know what the penalties are?

Tickle their tummies, pat them on the back and say "on your way".

[Saorsa]

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Anyone know what the penalties are?

[The Green Goblin]

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Anyone know what the penalties are?

Telling referees and linesmen to award legitimate goals and red cards against them in derbies, I think.

[Craig_in_Prague]

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Anyone know what the penalties are?

Transfer ban outwith the transfer window.

[CropleyWasGod]

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Anyone know what the penalties are?

It's not the SPL, it's the SFA.

They can refuse to give them a licence for the coming season.

[Dashing Bob S]

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It's not the SPL, it's the SFA.

They can refuse to give them a licence for the coming season.

I'm predicting the worse-case scenario: that they are in no fit shape to be awarded a licence for next season, and do not have any side in playing in any league.

[Ozyhibby]

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I'm predicting the worse-case scenario: that they are in no fit shape to be awarded a licence for next season, and do not have any side in playing in any league.

Like your thinking. :-)

[green glory]

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I'm predicting the worse-case scenario: that they are in no fit shape to be awarded a licence for next season, and do not have any side in playing in any league.

The SFA will just ignore their own rules.

[Jack Hackett]

Shouldn't they filed by this Thursday as it's a Bank Holiday?

[shagpile]

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The SFA will just ignore their own rules.

The SFA have rules? Well, well. Learn something new every day.

[greenginger]

The last Yam Accounts were submitted to Companies House on 10th May, but they were signed by the Auditors and Sergey Fedawhatsit on 5th April. Why it took 5 weeks to get the accounts submitted is not clear, but this years Grimms Fairy Tale may already be on their way to the SFA/SPL .

[CropleyWasGod]

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The last Yam Accounts were submitted to Companies House on 10th May, but they were signed by the Auditors and Sergey Fedawhatsit on 5th April. Why it took 5 weeks to get the accounts submitted is not clear, but this years Grimms Fairy Tale may already be on their way to the SFA/SPL .

When was the AGM last year?

The shareholders would want to approve them before submission.

I agree that the accounts may have already been prepared and audited, and that the SFA may have them. There's lots of reasons why they may not be made public yet.

[grunt]

Wonder what the debt will be in the accounts / will have been last June?

[macca70]

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Wonder what the debt will be in the accounts / will have been last June?

£27-29 million

[CropleyWasGod]

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Wonder what the debt will be in the accounts / will have been last June?

Is there a shop voucher up for grabs?

[greenginger]

Hearts AGM was on 3rd June last year long after the Accounts were made public.

I had to search the Yam Official site for that. I think I had better shower soon !

[CropleyWasGod]

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Hearts AGM was on 3rd June last year long after the Accounts were made public.

I had to search the Yam Official site for that. I think I had better shower soon !

I have the 24th May, which is still after they were submitted.

http://www.scotsman.com/the-scotsman...-agm-1-2313758

It's not that important, since they would have had a majority of shareholders in favour of them, but it's not good practice IMO to lodge accounts with Companies House until they have been approved by the AGM.

[greenginger]

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Hearts AGM was on 3rd June last year long after the Accounts were made public.

I had to search the Yam Official site for that. I think I had better shower soon !

Sorry, that was their 2011 AGM , how time flies.

[Springbank]

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Hearts AGM was on 3rd June last year long after the Accounts were made public.

I had to search the Yam Official site for that. I think I had better shower soon !

So ironic that the current hearts manager enjoys a shower named after a former Hibs chairman...lex golden shower

[#FromTheCapital]

Not sure if anyone posted this yesterday but apparently fan groups had a meeting at the Asbestos Arena last night: http://www.scotsman.com/sport/footba...-bid-1-2857582



"Those involved in the talks understand that, after severe financial difficulties late last year, Hearts have the money in place to see out the rest of the season. This means there is no need for an immediate sale – and, partly for that reason, none of the groups in attendance expects a resolution this evening."

[Bostonhibby]

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Not sure if anyone posted this yesterday but apparently fan groups had a meeting at the Asbestos Arena last night: http://www.scotsman.com/sport/footba...-bid-1-2857582



"Those involved in the talks understand that, after severe financial difficulties late last year, Hearts have the money in place to see out the rest of the season. This means there is no need for an immediate sale – and, partly for that reason, none of the groups in attendance expects a resolution this evening."

All is barry by the sound of it then, lets ignore those nasty accounts that have to be submitted, the crumbling stadium, growing creditors list and the whole Lithuanian banking mess, none of which is ever going to bite us because Vlads a Jambo and he will make the bad men go away. It's a bit sad that a group of grown ups can get together and somehow collectively believe that they actually have control or even influence over what happens and that becasue they say so they will trundle on to the end of the season.

The gathering must have been like the one in the Life of Brian with all the disparate groups yakking about the Romans but basically unable to do anything about it and actually at odds with each other

[HIBERNIAN-0762]

Hmm...

http://data.companieshouse.gov.uk/doc/company/SC005863

[greenginger]

Did anyone mention the £ 500,000 due to HMRC at the end of the season ?

Thought not !

[HIBERNIAN-0762]

...And this...

http://www.15min.lt/en/article/busin...ary-527-295205