Wi-fi firm's accounts in soon (From Swindon Advertiser)
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Wi-fi firm's accounts in soon
9:40am Monday 15th October 2012 in News
Garry Perkins
THE accounts for the troubled firm Digital City UK, which failed to roll-out wi-fi internet access in Swindon, are expected to be submitted by the end of the month.
Companies House, the official register of UK firms, started the process to strike off the company last August because it had breached Government rules by not filing its 2010 accounts by the May deadline. This was suspended following objections from a Government department and a third party, which Companies House will not identify.
It later transpired the company did not have enough cash to pay for an accountant to file its accounts. Swindon Council and aQovia, the technical partner and other shareholder, agreed a deal whereby the council pays to file the accounts and the other pays to maintain the Highworth infrastructure. A crunch board meeting was held recently between the firm’s remaining directors, Coun Garry Perkins, Swindon Council’s cabinet member for regeneration and culture, and Mustafa Arif, of aQovia. Coun Perkins said: “We had a board meeting on September 14 whereby the final books were agreed except for aQovia wanted one or two modifications. They wanted to modify some of the figures and wording before it went to Companies House.
“What was said at the time was I gave them until the end of October to place the figures and the accounts with Companies House. “That’s how it was left, so I anticipate it being no later than the end of October.”
Coun Perkins added that the decision about the future of the firm would be made after the accounts are filed, and depended partly on what value aQovia saw in the company.
Comments(22)
Wellfire
says...
10:20am Mon 15 Oct 12
RichardR1 wrote:Richard R1,
'They wanted to modify some of the figures and wording before it went to Companies House.'
Really?
it's a well worn expression on this topic, but you couldn't make it up, could you?
Grimwald
says...
11:30am Mon 15 Oct 12
RichardR1
says...
12:01pm Mon 15 Oct 12
You have to laugh, one assumes this board meeting, such as it was, would be confidential.
I guess Councillor Perkin's felt it necessary to get his defence in first, 'not me Guv, it was the other block what done it'.
The Real Librarian
says...
12:54pm Mon 15 Oct 12
Coun Perkins added that the decision about the future of the firm would be made after the accounts are filed, and depended partly on what value aQovia saw in the company.
UNQUOTE
I think the decisions about the future of this firm need to be made following a Police Investigation, to see whether there are grounds to take criminal action against anyone.
Nostim
says...
2:58pm Mon 15 Oct 12
itsamess3
says...
7:27pm Mon 15 Oct 12
1 2 Could B
says...
8:30pm Mon 15 Oct 12
1:56pm Mon 15 Oct 12
"I think its a bit of a common misconception that Councillors are anything but largely voluntary."
dglaholm says...
3:59pm Mon 15 Oct 12
"All Councillors get a basic allowance of around £10,500 per year.
Cabinet members get more as does the Leader of the opposition"
Who's telling the truth?
It's a tad worrying that voluntary workers are spending vast sums of our taxes on business ventures
Wigmeister
says...
9:27pm Mon 15 Oct 12
candid friend
says...
8:57am Tue 16 Oct 12
Leadership totally taken in by the hype from a so called businessman,who was unable to run his own finances.They were so taken in that this character "mentored" the Chief Executive. He must have been insulted by this, as he seems perfectly capable.
Obstruction, misleading information, loss of council funds ,council commented on around the country as incompetent.
When will the leadership be totally replaced?
I 2 Could B
says...
10:07am Tue 16 Oct 12
itsamess3 wrote:I would suggest that the delay in submitting these accounts has arisen specifically due to 'capable individuals' being employed to ensure nothing within the accounts 'can be proven to be on the suspicious side'.
Wait until these accounts are made available--then if anything is in them that can be proven to be on the suspicious side--the rule of law will permit correct legal argument to be examined--by any individual capable of proving they are correct or not.
Much like lawyers, accountants work for those who pay the highest fees. Very little of what results has much to do with the realms of reality.
1 2 Could B
says...
12:57pm Tue 16 Oct 12
I would suggest that our councillors shouldn't waste our taxes on egotistical business ventures.
Particularly if it is in untried territory.
I doubt anyone voted a councillor in on a "Dragons Den" capability
I 2 Could B
says...
2:32pm Tue 16 Oct 12
1 2 Could B wrote:Dragon's Den is great. Although, my belief is that councillors shouldn't waste taxes on anything.
interesting suggestion, though I don't know why you've stopped using your real name as on the other thread? I would suggest that our councillors shouldn't waste our taxes on egotistical business ventures. Particularly if it is in untried territory. I doubt anyone voted a councillor in on a "Dragons Den" capability
1 2 Could B
says...
4:35pm Tue 16 Oct 12
RichardR1
says...
6:33pm Tue 16 Oct 12
As for this fiasco a cover up pure and simply. Would anyone give odds they ever appear in their entirety.
itsamess3
says...
7:20pm Tue 16 Oct 12
Still About
says...
5:20pm Wed 17 Oct 12
Your spelling and grammar are hardly something to boast about
It might surprise you to know that not everybody visits this site in order to gain your opinion on just about everything
itsamess3
says...
7:26pm Wed 17 Oct 12
I do take great care to contribute to an article--withy my personal opinion rather than some misaligned opinon that is based upon a political agenda.
The WIFI issue rolls on--and when--if--the accounts make sense or not i do believe i will be in a better position to comment on the rights or wrongs as i have no political allegiance as i would only vote for a prospective councillor who grasps the situation as it really is--you have never been credible councillor because your views do not coincide whith the reality of what is going on in swindon and do not have the guts to take positive action to expose the truth.
I 2 Could B
says...
7:55pm Wed 17 Oct 12
i do make obvious spelling mistakes to see if you are observant enough to notice them
Comedy gold.
1 2 Could B
says...
9:51pm Wed 17 Oct 12
I 2 Could B
says...
9:19am Thu 18 Oct 12
1 2 Could B wrote:Stop trolling you silly little man.
If you think that's "comedy gold" you need to get out more
RichardR1
says...
11:29am Thu 18 Oct 12
And as I 2 says 'Comedy Gold' about deliberately making spelling mistakes.
As for the article some one mentioned earlier a certain Ricky, I understand he might well be resurfacing soon to into a venture unrelated to wifi.
RichardR1 says...
9:44am Mon 15 Oct 12
Really?