Oh dear...did anyone else study Calculus at school/uni?

It seems that someone forgot the basic rules of Calculus when it came to filing false documents about the 12 September 2017 "change" at Companies House.

https://find-and-update.company-information.service.gov.uk/company/07142153/filing-history?page=5

Is there an honest Investment Manager in the UK? Silly question.

Companies House is now demanding answers from 2 of the miscreants, another is filing correcting documents voluntarily, and it seems to me that the entire VCT industry needs liquidating asap.

Independent Valuers Reports exist to ensure that someone independent from the Directors actually reviews matters and doesn't just pocket the fees for doing a dodgy cover-up deal with the Directors as happened in Albion and at least 3 others I have already found.


Who wrote this and when...

".....worthwhile to actually do some analysis of the capital and dividend returns from some of my historic holdings of such companies. This is not at all easy because most VCTs have been through restructuring or mergers over the years...

....How have these companies performed in capital terms? .... quite badly...

Without the up-front income tax relief and the dividend tax relief, they would not be good investments.... particularly so bearing in mind the risks of VCT investment...

VCTs are a tricky area for investors in that corporate governance is not always good and management costs are high, particularly due to excessive performance fees. I feel the managers often do better than the investors in such trusts."

And that is from a highly regarded source.



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