Berwick Rangers recorded a profit of £23,000 for the past financial year, which means a third successive season in the ‘black’ for the Shielfield Park club.
Chairman Brian Porteous, who was due to present his report to the club’s annual general meeting last night, said it was down to good business practice, and it is something which he hopes will continue in the future.
“There is always room for improvement,” he said. “But I am very pleased with the results.
“At the end of the day this is a business and I am sure the shareholders will be very happy.
“For the third successive year we have operated without the need for an overdraft facility from the bank.
“We have also carried out a number of improvements around the stadium, including a new toilet block, work to the boardroom and tapping into a new water borehole.
“So the fact we have still managed to turn a £23,000 profit is very pleasing indeed.”
Porteous, due to club rules, was due to stand down as a director at the AGM, but was making himself available for re-election again, and was expected to be re-instated as chairman for another term.
He said the AGM had been brought forward at the request of some of the directors at last year’s meeting.
“They wanted it brought forward from May to December so it was in the same year as the annual accounts were presented, and I suppose that makes sense,” he said.
Meanwhile, spectators who attend the festive game against Peterhead at Shielfield on Saturday, December 28, will be admitted free of charge.
The match is being sponsored by Berwick Rangers Supporters’ Trust, which has pledged a donation to the club in excess of the anticipated gate receipts.