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Thursday 29 June 2006
9 Month accounts for AFCW PLC published

AFCW PLC today publishes its 9-month accounts for the period ending 31 March
2006, as seen by the pilot Strategic Review Board (SROB) last week. These
can be downloaded here (40kb).

The results show the organisation just ahead of our most recent forecast, produced in December 2005 and published alongside the 6-month results in March. As you will see from the profit and loss account, in 2005-06 we spent considerably more on the football side and have yet to see the full benefits of the appointment of Keith McGuinness as Commercial Executive - the full fruits of his work have started to come through now and will show a significant improvement in 2006-07.

Any questions or comments on these accounts can be sent to info@afcwimbledon.co.uk

The next results to be published will be the full year audited accounts, which we expect to be available in October (earlier than last year). These will need to take into account any slow or non-moving merchandise stock, as well as any doubtful debts which may need writing off.

Work on the 2006-07 budget is well advanced and a draft has already been looked at by SROB. A second draft is being produced to put in front of the next meeting, in early July.

Adobe Acrobat 4.0 or higher version is need to view these .pdf documents. Download the latest version here.