Author Topic: Madeleine Fund - End of Year Accounts 2016-2017.  (Read 19510 times)

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Offline Brietta

Re: Madeleine Fund - End of Year Accounts 2016-2017.
« Reply #90 on: February 15, 2018, 05:28:57 PM »
It doesn't.

A basic enquiry as to whether something as simple as the Find Madeleine fund needs prof-accountants turned from a simple response into drivel about liability insurance.  Prune the thread there and nothing will be lost.

Elsewhere, the poster on here known as ***** has clarified that an appeal to the ECHR goes through two stages at the European Commission, before it may appear at the ECHR, hence nothing in the records as yet.

If we could have the simple version, things would get clearer.

Or we can have fog and confusion.

Didn't think so.
Don't know about anyone else but I think the forum could do with a bit less fog and confusion and more meaningful discussion.

We don't all sing from the same hymn sheet on here which I think makes us approaching unique; certainly something worth celebrating and worth valuing by discussing opinions with a little less rancour.

The news for anyone interested was that the accounts for Madeleine's fund were on the internet and there really wasn't too much to be made of that but for the reference to the ECHR perhaps and the fact that profits from the sale of Kate's book are still healthy.
The rest I found dull as dishwater and I bet I'm not alone in that.
"All I'm going to say is that we've conducted a very serious investigation and there's no indication that Madeleine McCann's parents are connected to her disappearance. On the other hand, we have a lot of evidence pointing out that Christian killed her," Wolter told the "Friday at 9"....

Offline G-Unit

Re: Madeleine Fund - End of Year Accounts 2016-2017.
« Reply #91 on: February 15, 2018, 05:37:32 PM »
And all of this basic speculation adds to the thread topic in what way?

It's fact, not speculation. I think being informed about Year End accounting is helpful given the thread topic.
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Offline Brietta

Re: Madeleine Fund - End of Year Accounts 2016-2017.
« Reply #92 on: February 15, 2018, 05:42:51 PM »
It's fact, not speculation. I think being informed about Year End accounting is helpful given the thread topic.

Yeah ... it was the caveats ... which had nothing to do with the particular subject of discussion ... you introduced within your posts with which I remain uneasy.
"All I'm going to say is that we've conducted a very serious investigation and there's no indication that Madeleine McCann's parents are connected to her disappearance. On the other hand, we have a lot of evidence pointing out that Christian killed her," Wolter told the "Friday at 9"....

Offline Mr Gray

Re: Madeleine Fund - End of Year Accounts 2016-2017.
« Reply #93 on: February 15, 2018, 05:47:44 PM »
I think sils post is far more goading than anything I have posted... To describe my post, as.. Drivel... Is clearly  goading
« Last Edit: February 15, 2018, 05:50:49 PM by Davel »

Offline G-Unit

Re: Madeleine Fund - End of Year Accounts 2016-2017.
« Reply #94 on: February 15, 2018, 05:58:18 PM »
As I said the accountant is responsible professional.. Is it compulsory  for accountants to have indemnity insurance... It's not a very professional profession if it isnt

It's clearly not compulsory under the law. It is a condition of membership of professional bodies, however. Best practice would suggest making possession a contractual condition.

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Offline G-Unit

Re: Madeleine Fund - End of Year Accounts 2016-2017.
« Reply #95 on: February 15, 2018, 06:20:37 PM »
Yeah ... it was the caveats ... which had nothing to do with the particular subject of discussion ... you introduced within your posts with which I remain uneasy.

Perhaps you could explain what exactly you are uneasy about, because I truly don't understand.
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Offline Alice Purjorick

Re: Madeleine Fund - End of Year Accounts 2016-2017.
« Reply #96 on: February 15, 2018, 06:25:10 PM »
The fact that the Directors of the company are legally responsible for the accounts would  mean they would need to employ a professional accountant who would have a professional liability to the directors that everything  was legally correct
The idea of not employing a, professional in such a case is ridiculous imo

That is incorrect.
See atachments to post #61.
"Navigating the difference between weird but normal grief and truly suspicious behaviour is the key for any detective worth his salt.". ….Sarah Bailey

Offline Alice Purjorick

Re: Madeleine Fund - End of Year Accounts 2016-2017.
« Reply #97 on: February 15, 2018, 06:33:17 PM »
As I said the accountant is responsible professional.. Is it compulsory  for accountants to have indemnity insurance... It's not a very professional profession if it isnt

PI insurance is not mandatory by law. Some professional bodies may however insist on it for their members.
The only insurance, compulsory by law, is Employer's Liability Insurance.
"Navigating the difference between weird but normal grief and truly suspicious behaviour is the key for any detective worth his salt.". ….Sarah Bailey

Offline Alice Purjorick

Re: Madeleine Fund - End of Year Accounts 2016-2017.
« Reply #98 on: February 15, 2018, 06:51:41 PM »
Didn't think so.
Don't know about anyone else but I think the forum could do with a bit less fog and confusion and more meaningful discussion.

We don't all sing from the same hymn sheet on here which I think makes us approaching unique; certainly something worth celebrating and worth valuing by discussing opinions with a little less rancour.

The news for anyone interested was that the accounts for Madeleine's fund were on the internet and there really wasn't too much to be made of that but for the reference to the ECHR perhaps and the fact that profits from the sale of Kate's book are still healthy.
The rest I found dull as dishwater and I bet I'm not alone in that.

What even the bit about trading at a loss for two consecutive years?
"Navigating the difference between weird but normal grief and truly suspicious behaviour is the key for any detective worth his salt.". ….Sarah Bailey

Offline Mr Gray

Re: Madeleine Fund - End of Year Accounts 2016-2017.
« Reply #99 on: February 15, 2018, 06:57:08 PM »
That is incorrect.
See atachments to post #61.
they don't need a professional accountant.... But it would be rather silly not to... As they have legal liabilities... And one with PI... Wise too

Offline Alice Purjorick

Re: Madeleine Fund - End of Year Accounts 2016-2017.
« Reply #100 on: February 15, 2018, 07:22:37 PM »
they don't need a professional accountant.... But it would be rather silly not to... As they have legal liabilities... And one with PI... Wise too

Regardless the directors are responsible at law, a position they cannot abrogate.
The rest is merely your opinion not a matter of law.
The fund is worth less than £1MM. Any half decent contract engineer is handling up to ten times that on a regular basis and could knock off those accounts in a few days, nothing complicated.
"Navigating the difference between weird but normal grief and truly suspicious behaviour is the key for any detective worth his salt.". ….Sarah Bailey

Offline Mr Gray

Re: Madeleine Fund - End of Year Accounts 2016-2017.
« Reply #101 on: February 15, 2018, 08:06:04 PM »
Regardless the directors are responsible at law, a position they cannot abrogate.
The rest is merely your opinion not a matter of law.
The fund is worth less than £1MM. Any half decent contract engineer is handling up to ten times that on a regular basis and could knock off those accounts in a few days, nothing complicated.

And how, does one find a half decent project engineer and know that he is half and not a quarter decent...no money back,  no guarantee  might be your idea of a good deal it isn't mine.... You can represent your self in court but as the legal profession say... He who does that has a fool for a client

Offline G-Unit

Re: Madeleine Fund - End of Year Accounts 2016-2017.
« Reply #102 on: February 15, 2018, 08:24:58 PM »
And how, does one find a half decent project engineer and know that he is half and not a quarter decent...no money back,  no guarantee  might be your idea of a good deal it isn't mine.... You can represent your self in court but as the legal profession say... He who does that has a fool for a client

It's obviously sensible to be cautious but nothing is ever guaranteed no matter how careful people are. Professional people can make mistakes, be careless and get into financial difficulties just like everyone else. Getting them to admit it is the difficult part.
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Offline Mr Gray

Re: Madeleine Fund - End of Year Accounts 2016-2017.
« Reply #103 on: February 15, 2018, 08:27:53 PM »
It's obviously sensible to be cautious but nothing is ever guaranteed no matter how careful people are. Professional people can make mistakes, be careless and get into financial difficulties just like everyone else. Getting them to admit it is the difficult part.

Agreed and I've dealt with an incompetent  accountant and solicitor.... That's why it's best to go with someone who has indemnity who you can sue if necessary

Offline G-Unit

Re: Madeleine Fund - End of Year Accounts 2016-2017.
« Reply #104 on: February 15, 2018, 08:38:08 PM »
Agreed and I've dealt with an incompetent  accountant and solicitor.... That's why it's best to go with someone who has indemnity who you can sue if necessary

Were you able to get compensated?
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