PRESTON NORTH END FOOTBALL CLUB,LIMITED(THE)

• ⚠

  Material uncertainty over going concern

  We draw attention to note 1 to the financial statements which indicates that the ability of the company to continue as a going concern is dependent on the continued financial support from Grovemoor Limited, its intermediate parent undertaking, and there can be no certainty that this support can continue. These events and conditions, along with the other matters explained in note 1, constitute a material uncertainty that may cast significant doubt on the group and parent company's ability to continue as a going concern. Notwithstanding net current liabilities of £4,791,000 as at 30 June 2025 and a loss for the year then ended of £11,684,000 the financial statements have been prepared on a going concern basis, which the directors believe to be appropriate for the following reasons. These forecasts are dependent on the intermediate parent company, Deepdale PNE Holdings Limited, providing additional financial support during that period... Based on these indications, the directors believe that it remains appropriate to prepare the financial statements on a going concern basis. However, the above circumstances represent a material uncertainty which may cast significant doubt on the company's ability to continue as a going concern and therefore to continue realising its assets and discharging its liabilities in the normal course of business.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“We draw attention to note 1 to the financial statements which indicates that the ability of the company to continue as a going concern is dependent on the continued financial support from Grovemoor Limited, its intermediate parent undertaking, and there can be no certainty that this support can continue. These events and conditions, along with the other matters explained in note 1, constitute a material uncertainty that may cast significant doubt on the group and parent company's ability to continue as a going concern. Notwithstanding net current liabilities of £4,791,000 as at 30 June 2025 and a loss for the year then ended of £11,684,000 the financial statements have been prepared on a going concern basis, which the directors believe to be appropriate for the following reasons. These forecasts are dependent on the intermediate parent company, Deepdale PNE Holdings Limited, providing additional financial support during that period... Based on these indications, the directors believe that it remains appropriate to prepare the financial statements on a going concern basis. However, the above circumstances represent a material uncertainty which may cast significant doubt on the company's ability to continue as a going concern and therefore to continue realising its assets and discharging its liabilities in the normal course of business.”

Significant events

• “During the year, the group acquired the registrations of Stefan Thordarson from Silkeborg IF, Jeppe Okkels from FC Utrecht and Lewis Gibson from Plymouth Argyle.”
• “During the financial year, the company has issued 12,013 £1 ordinary shares to its parent company Preston North End Limited at a premium of £1,000 per share (total income £12,025,013).”
• “Since the year end the company has received funding from the ultimate shareholder of £5,095,000 and acquired the registration of nine players.”
• “On 13th October 2025, Ian Penrose joined the company as Non-executive Chairman, replacing Craig Hemmings.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

13

last 12 months

Capital events

15

last 24 months

Officers appointed

1

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +23.3%

  £15,311,000 → £18,876,000

• Cash

  +43.5%

  £1,653,000 → £2,372,000

• Net assets

  +76.3%

  £447,000 → £788,000

• Employees

  +2.5%

  120 → 123

• Operating profit

  -29.7%

  -£12,348,000 → -£16,017,000

• Profit before tax

  -29.7%

  -£12,323,000 → -£15,981,000

• Wages

  +20.2%

  £18,648,000 → £22,418,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers