Finance chief at leisure group quits over accounting errors

The company’s former auditor, Richard Simons, the senior partner of Richard Anthony & Co, has been appointed to replace Bunt and financial controller Paul Arris will take over a company secretary.

A group statement admitted that pre-tax profits for the end of March will be slashed to a minimum, because monthly management accounts had overstated company profits.

Directors are now set to review the future of a ten pin-bowling venue at Worsley, Manchester.

‘This loss will be exacerbated by abortive acquistion cost incurred in connection with a proposed acquistion that had to be abandoned in March as a result of the inaccuracies in the company’s management accounts’, the group stated.

Bunt has also been stripped of share options in the group.

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