New Accounts
03/11/10 09:06
What will the next accounts look like?
It will be interesting to see if the accounts for the YE August 2010 have stopped the rot. However if GLMMM follow their usual pattern they won't publish the accounts until the last possible moment, which will be in May next year. By which time they hope the fuss will have died down and they will be able to say that things have improved. It will be interesting to see if the Auditors qualify their report this time. I would expect the accounts to show another substantial loss, the fuss did not blow up until a few months ago by which time the perpetrators had almost another full year.
I am surprised no one at the top have felt obliged to offer their resignations over this. But there we go, no one these days accepts any blame. Grand Lodge will have to write off the £1m+ deficit.
Brian Ruse
I am surprised no one at the top have felt obliged to offer their resignations over this. But there we go, no one these days accepts any blame. Grand Lodge will have to write off the £1m+ deficit.
Brian Ruse