I won't see a copy of them myself until the weekend, however it seems we made a loss of about £290,000 last season. This doesn't sound too good but apparently includes depreciation of just over £300,000 so it could be argued we made a slight profit.
The wage bill has increased by £27,000 but as turnover went up by £130,000 this isn't too big an issue. The increase works out at an extra player at about £500 so is pretty impressive when you compare last season's squad with the one that went before it!
Also in the accounts is a bit more news about plans for the ground, including fitting out the void in the stand and putting a cover over the five-a-side pitches, which could then be rented out to other clubs to raise money.
Armageddon? Not in Paisley!
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