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I just wanted to say that i've had a look at the Ashley Cain Ltd accounts, after I saw someone saying he'd paid off the debt of £32k - which must show he's using the fund money etc.
I work with balance sheets (such as these) and this balance sheet does not show that at all.
What it shows is that the company has £28,810 in assets
and 3,397 owed to creditors within one year (which if you look down the document, appears to be a director loan i.e. his money owed to himself)
Then it shows 32,000 owed to creditors after one year (this would probably be a bank loan)
Which leaves him with a DEBT of 6,587 at the end of 2021.
This does *not* mean it's been paid off. These balance sheets are put together to show whether, if everything in the business was sold off, whether there'd be a positive balance left or a minus.
I just wanted to post this on here because it seems like things are being misunderstood and that's never useful.
Also, if the money hadn't have been paid to the foundation, do you really think he'd be able to get away with that? He's got over a million followers, the charity sector is heavily regulated, and this is the first thing they'd be checking into if there was even the slightest rumour the money had gone AWOL.
I'm not sure what sectors you all work in, but if you apply real world sense to this, it isn't going to be some gigantic fraud sorry...