Firestorm
Pedant
They show Turnover at £5.4million up from £3.5 million, Gross Profit £595,862 but an operating loss of £1.27million (£1.4m after tax) after taking into account Administration expenses of £1.9 million.
Total debt looks to be £15.7m
Income shows a profit on Player trading of £1.4m, Season Tickets £669k and Gate receipts of a fraction over £1m.
Wages & Salaries were £3.67m up from £2.99m. Playing staff & coaches numbered 85 down from 93. Total empoyees (inc players etc.) 129 down from 137.
Interestingly during the year SEL invoiced the club for £835,074 in relation to building of the new stadium.
blimey. Accounts out early, there must be something happening.
So first season back in a higher div and the wages go up 20%
I pesume that the Bentley and Payne money was accrued , because it certainly wasnt known at the end of July but is in the accounts
Those Admin expenses are steadily going up, along with the debt. But as it is to associated companies its less of an issue