HARROGATE TOWN AFC LIMITED

• ⚠

  Material uncertainty over going concern

  Notwithstanding net current liabilities of £6,369,505 (2024 - £5,041,478) as at 30 June 2025 and a loss for the year of £2,167,951 (2024 - £2,530,900), the financial statements have been prepared on a going concern basis which the directors consider to be appropriate for the following reasons. The directors have prepared cash flow forecasts for a period of 12 months from the date of approval of these financial statements which indicate that, taking account of reasonably possible downsides, the company will have sufficient funds, through funding from its controlling shareholder, R I Weaver, to meets its liabilities as they fall due for that period. Those forecasts are dependent on R I Weaver not seeking repayment of the amounts currently owed to him, which at 30 June 2025 amounted to £6,403,620 (2024 - £5,254,574), and providing additional financial support during that period. R I Weaver has indicated his intention to continue to make available such funds as are needed by the company, and that he does not intend to seek repayment of the amounts due for the period covered by the forecasts.

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

TC Group

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“Notwithstanding net current liabilities of £6,369,505 (2024 - £5,041,478) as at 30 June 2025 and a loss for the year of £2,167,951 (2024 - £2,530,900), the financial statements have been prepared on a going concern basis which the directors consider to be appropriate for the following reasons. The directors have prepared cash flow forecasts for a period of 12 months from the date of approval of these financial statements which indicate that, taking account of reasonably possible downsides, the company will have sufficient funds, through funding from its controlling shareholder, R I Weaver, to meets its liabilities as they fall due for that period. Those forecasts are dependent on R I Weaver not seeking repayment of the amounts currently owed to him, which at 30 June 2025 amounted to £6,403,620 (2024 - £5,254,574), and providing additional financial support during that period. R I Weaver has indicated his intention to continue to make available such funds as are needed by the company, and that he does not intend to seek repayment of the amounts due for the period covered by the forecasts.”

Group structure

1. HARROGATE TOWN AFC LIMITED · parent
   1. Harrogate 3G Limited 100% · England and Wales · operation of sports facilities

Significant events

• “The season ended with the club finishing in 18th place within the League table, consisting of 24 clubs.”
• “We had an excellent and lucrative FA cup run in the season culminating in a trip to Elland Road, the home of Leeds Utd, in January 2025 in the third round.”
• “The Club continued to invest in the EPPP Category 4 Academy and two Academy players were offered professional contracts on completion of their two year scholarship.”
• “Another of our Academy graduates was transferred to West Bromwich Albion at the end of his scholarship for a significant initial fee, with future contingencies based on appearances.”
• “At the start of the season 2024/2025, we conducted a full review of our EPPP Category 4 Academy which we have invested heavily in since its formation in 2021. Following the review, we made the decision to remodel our Youth Strategy entirely and replaced our EPPP Category 4 Academy with a more lucrative B Tec partnership at the end of season 2024/2025. This newly formed Harrogate Town Football Academy will cater for more students and generate substantial revenue income at a significantly lower cost base.”
• “The Club is developing its Youth Strategy by partnering with another major Education partner in 2026, to add to the existing BTEC partnership, which will see major revenue growth, as we will quadruple our existing model in year one.”

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

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

  +32.2%

  £3,069,002 → £4,056,387

• Cash

  +34.2%

  £80,264 → £107,699

• Net assets

  -565.4%

  £295,015 → -£1,372,936

• Employees

  -13.8%

  80 → 69

• Operating profit

  +14.3%

  -£2,530,367 → -£2,167,418

• Profit before tax

  +14.3%

  -£2,530,900 → -£2,167,951

• Wages

  -3.5%

  £3,233,835 → £3,121,209

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