Members Report June 2025

Since our April report to members...

On the Profit & Loss report...

The lack of fixtures in May and June highlighted the importance of alternative revenue streams.  Membership, Sponsorship, and income associated with Facility Hire provided a much needed source of income in the off-season.

Most expenditure lines also reflect this lack of footballing activity during the off-season, whilst costs associated with running the facility remain.  Major works were undertaken on the fabric of the Main Stand ensuring we can continue to utilise this part of Gigg on matchdays.

We continue to explore opportunities to increase revenue as you will have noted through our announcements on both renewed and new sponsorship partnerships, and to reduce non-football related costs.

An overall Earnings before interest, taxes and amortization of £63k (with an Operating Loss of £3k once depreciation of the artificial playing surface is factored in) represents a healthy outcome as we continue to make progress on and off the pitch.

On the Balance Sheet...

Our overall Balance Sheet is healthy, particularly noting our cash reserves of over £310k, after investing £130k on the fabric of the Main Stand, as mentioned above.