Truro Win More Time

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A Good Week`s Business For Brigg - A familiar face will return to Evo-Stik Northern Premier League First Division South club Brigg Town next season after........ Thurrock Deducted 3 Points and Relegated - Thurrock have been docked three points and consequently relegated from the Ryman League Premier Division after....... Squirrels to Groundshare With Linnets - North West Counties League club Formby have announced that they have agreed a groundshare with Evo-Stik Northern....... Arnold Look Forward to New League - Chairman Graham Peck has heralded the move to the East Midlands Counties League as a new beginning for Arnold Town.... Boro Keen To Bring Moult Back - Blue Square Bet Premier club Nuneaton Town have begun their attempt to bring striker Louis Moult back to....... Double Boost for City - Gary Roberts, manager of Evo-Stik League Southern Premier Division club Cambridge City, has been given a welcome..... ... Wilson Joins Ferriby - Guiseley AFC have confirmed that Matt Wilson has left the Blue Square Bet North club and will play for new league..... ... Lambs Win Race for Baker - Tamworth have beaten off a number of competitors to obtain the signature of 25-year-old Richard Baker, who last..... ... Minstermen Agree Bowman Deal - League Two side York City have announced that they have agreed personal terms with talented Hereford United forward Ryan Bowman.... Bridgnorth Set to Drop Two Divisions - Midland Alliance officials say crisis club Bridgnorth Town are likely to have to reform in the West Midlands (Regional)....... Tudors Return for Toomey - Dave Boggins, chairman of Evo-Stik League Southern Premier Division club Hemel Hempstead Town, has confirmed that........ Duo Remain Rovers - Nick Bunyard, manager of Evo-Stik League Southern Division One South & West club Paulton Rovers, has confirmed.... ... Highworth Keen to Keep Fisher On Board - Uhlsport Hellenic League Premier Division club Highworth Town are keen to keep their manager John Fisher on board....... New Chairman at Burnham - Bob Breen has stepped down as chairman of Evo-Stik League Southern Division One Central champions Burnham after....... United Recruits Keep on Coming - Brendan McDaid, who went past 600 appearances for Evo-Stik Northern Premier League First Division South club........ Two More Pen Imps Deals - Blue Square Bet Premier club Lincoln City have announced that Alan Power has signed a new two-year contract.... Donaldson Makes U`s Switch - Attacking midfielder Ryan Donaldson has left Gateshead and joined Blue Square Bet Premier rivals Cambridge United on a two-year contract. ... Watmore Gets Dream Sunderland Move - Blue Square Bet North club Altrincham have announced that Duncan Watmore has landed a dream opportunity of a.... ... Hutchings Moves On - Ryman League Division One South club Leatherhead have confirmed that striker Tommy Hutchings has decided to move on. ... FA Upgrade Peninsula League Divisions - The FA has upgraded the Carlsberg Peninsula League Division One East and West to Step 7 on the National League.... ...

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Blue Square Bet

Having won the fight to avoid relegation from Blue Square Bet South, Truro City have gained an important victory off the field of play.

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Published 2nd May 2012

The financially-troubled football club attended the High Court in London to face another winding-up petition brought by Her Majesty’s Revenue & Customs because of its tax debts. The outcome was an adjournment until June 25th, after the court chose to give the club more time to tackle its debts. Having survived previous winding-up petitions brought by the tax authorities in October last year and January this year, the club was back in court because it still has a tax debt of about £51,000.

Truro cleared a six-figure tax debt in January, but the tax authorities told the court that the club is not paying its current taxes. The court was also informed that the club owes about £18,500 to FBT Sports UK (a Torpoint-based sportswear distributor) and about £1,400 to Lexlaw Solicitors, a London law firm hired by City last September to help the club in its dealings with HMRC.

The club’s lawyer, Tom Fletcher, successfully pleaded for the 56-day adjournment by telling the court that the debt to FBT Sports UK is disputed, and that the intention is to discharge the debts to HMRC and Lexlaw.

Fletcher informed the court that funds have been transferred to accountants for the payments to be made to settle the latter two debts, and that a joint-venture agreement was being finalised.

Registrar Sally Barber, who was hearing the case, declared that she was willing to allow the club a further chance to deal with its debts, and she duly approved the adjournment until June 25th.

[Source: Western Morning News]