Comments on: UKeSA and Competitive Gaming in the UK http://dev.subsphere.co.uk/2009/01/ukesa-and-competitive-gaming-in-the-uk/ loves you like a kitten. Sat, 31 Jul 2010 18:58:50 +0000 http://wordpress.org/?v=2.7.1 hourly 1 By: DG http://dev.subsphere.co.uk/2009/01/ukesa-and-competitive-gaming-in-the-uk/comment-page-1/#comment-15 DG Thu, 19 Feb 2009 19:27:11 +0000 http://dev.subsphere.co.uk/?p=65#comment-15 I think the director link (and a likely shareholding) would require a note to the accounts as a related party transaction. I suppose they could still wriggle out of that if they treated UKeSA's role in passing monies to TWNA as merely that of agency. [per accounting standard IAS24 - PDF: http://www.iasb.org/NR/rdonlyres/5D53347E-1221-4D83-947D-2B72DD1D9615/0/IAS24.pdf ] However we're not likely to find out any time soon since the filing deadlines are well off: 08/05/2010 UK eSports Association Limited 21/02/2010 TNWA ltd The UKeSA charter just has one paragraph about being not-for-profit but doesn't actually limit them in anything. The Executive Committee seems reasonably plausable though. I think the director link (and a likely shareholding) would require a note to the accounts as a related party transaction. I suppose they could still wriggle out of that if they treated UKeSA’s role in passing monies to TWNA as merely that of agency.

[per accounting standard IAS24 - PDF: http://www.iasb.org/NR/rdonlyres/5D53347E-1221-4D83-947D-2B72DD1D9615/0/IAS24.pdf ]

However we’re not likely to find out any time soon since the filing deadlines are well off:
08/05/2010 UK eSports Association Limited
21/02/2010 TNWA ltd

The UKeSA charter just has one paragraph about being not-for-profit but doesn’t actually limit them in anything. The Executive Committee seems reasonably plausable though.

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