Depher/CPH CIC #2 The erratic and reactive way you run this causes half your problems

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According to some outlets it's 75k total

Oh and of course there was a golly doll scandal

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lilykestrel said:
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I AM NOW AWARE THANKS
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BEEN LOOKING FOR A PICTURE OF ONE OF THESE IN THE WILD FOR AS LONG AS I CAN REMEMBER. SHHH EVERYONE, WE DON'T WANT TO DISTURB IT. JUST WATCH WHAT IT DOES AND MAKE A DOCUMENTARY ABOUT IT.

Oh sorry, it's not a rare Yangtze finless porpoise. It's just a broken bit from a boiler. Shame. Oh well never mind.
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lilykestrel said:
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I AM NOW AWARE THANKS
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This for thread title. I'm sat here proper laffin. I can barely breathe and it's not as funny as I'm finding it.
 
If he is acting as a landlord he can't just put the house in the accounts as an investment. He told the CIC regulator *after the house was purchased* that surplus would be used for the main activities of the company, not buying houses and acting as a housing provider. He already knew when he signed this form in January 2024 that surplus was being used in a different way to what he claimed.

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What a barefaced fraud.

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Anyone who donates should know how the previous £1.9 million donations have been used:
  • 4% (£73,125) used to buy a house.
  • 33% (£643,037) is surplus sitting in the bank.
  • 63% (£1.3 million) has gone on admin expenses.
 
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Having spent some time looking at those figures I've realised plumbing is a negligible part of the business. The house purchase works out to half what was spent on costs directly related to plumbing work. Cash surplus was three times the cost of providing plumbing work. The main function of the business is fundraising. If you donate your cash will be used primarily to generate more income or will become an asset (cash in bank or house).
 
Seaford Haggington said:
Having spent some time looking at those figures I've realised plumbing is a negligible part of the business. The house purchase works out to half what was spent on costs directly related to plumbing work. Cash surplus was three times the cost of providing plumbing work. The main function of the business is fundraising. If you donate your cash will be used primarily to generate more income or will become an asset (cash in bank or house).
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Ah yes, just what a CIC is supposed to do…🙄
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“Only interested in a photo” from the man with a messiah complex with photos of 1000s of vulnerable people on his hard drive
 

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Seaford Haggington said:
If he is acting as a landlord he can't just put the house in the accounts as an investment. He told the CIC regulator *after the house was purchased* that surplus would be used for the main activities of the company, not buying houses and acting as a housing provider. He already knew when he signed this form in January 2024 that surplus was being used in a different way to what he claimed.

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What a barefaced fraud.

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Anyone who donates should know how the previous £1.9 million donations have been used:
  • 4% (£73,125) used to buy a house.
  • 33% (£643,037) is surplus sitting in the bank.
  • 63% (£1.3 million) has gone on admin expenses.
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Is he putting in the costs of installing boilers within the admin expenses? I can’t quite find on accounts
 
CuriousTherapyCat said:
Is he putting in the costs of installing boilers within the admin expenses? I can’t quite find on accounts
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It should be in cost of sales.

There is a transparency point here. The accounts only use top level headings, no breakdown whatsoever into categories. For example, he tweets about a "community fund" but there is no evidence of it in the accounts.
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Depher are admitting here to have only spent 16% of all revenue up to that point on free boilers.
 
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Seaford Haggington said:
It should be in cost of sales.

There is a transparency point here. The accounts only use top level headings, no breakdown whatsoever into categories. For example, he tweets about a "community fund" but there is no evidence of it in the accounts.
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Depher are admitting here to have only spent 16% of all revenue up to that point on free boilers.
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He says the only support is from public donations and paid work but that’s just not true, he’s posted about receiving grants from an energy company, which ironically went on food help, not gas/boiler/plumbing works
Why would they get any funding from the government or from the council hahaha who does he think he is
 
gimm3more said:
He says the only support is from public donations and paid work but that’s just not true, he’s posted about receiving grants from an energy company, which ironically went on food help, not gas/boiler/plumbing works
Why would they get any funding from the government or from the council hahaha who does he think he is
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That's right. Some of the funding will be grants not donations. The FOI mentioned he got a grant from the Duchy of Lancaster Benevolent Fund. Grants typically have rules about how they can be used. He is sure to have broken them given how little plumbing work has been done.
 
CuriousTherapyCat said:
“No help from government or councils” I thought he was saying he works with the councils?
He won’t get any grants or contracts from anywhere who asks for deeper governance details because he doesn’t have the right stuff in place. He has been told this numerous times and support offered. He doesn’t want to do that. Wonder why…
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Well from the FOI there was possibly 'no help from councils' because the council didn't have a scooby who he was until he started tit-talking them on the socials
 
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