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Financial Review


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In October they said we would need £850K of funding in March.

 

They are now saying "no further funding from investors is anticipated in the balance of this financial year to June 2017 due to the team’s football performance and progression to the William Hill Scottish Cup semi-finals" which presumably means that no further funding from the date of the accounts (December) so we have had quite a big improvement if that's the case.

 

It's good that we made an operating profit, against a loss for the same period last year but it's unclear what the "other charges" of £451K are that result in a bottom line loss.

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