I know off-topic, but how can businesses and clubs choose when the tax year ends? I thought that all aligned so HMRC can tax properly.For my most thrilling TRF post yet...
Probably not - companies choose when their year end is. Most go 31st December though a lot of sports clubs choose a summer date to align with seasons. Year end also generally doesn't affect cash (you report financial position but doesn't trigger payments). I'd guess it's getting cash for payroll.