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Balance Sheet @ 31/5/07 (£270,580) @ 31/5/08 £225,398 so at 31st May 2008 the club was solvent
Bank balance was £182,777 as opposed to £52,621 the previous year.
Creditors have increased to £723,983 from £500,595.
Debtors increased to £696,213 from £36,335. This almost certainly represents the FA Trophy money that had not been received by 31st May, and the monies due from MyFc for the shares (The payment was staged over two years and so the final amount won't be received by the club until February 2010.
Fleet Leisure made a profit of £120,779
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