Scarborough RUFC spent almost £100,000 over the financial year 2011/12 in a bid to offer youngsters and adults alike in the area the chance to play rugby union.
Despite a tough financial climate, aligned with other matters arising off the pitch, SRUFC have still ploughed £98,000 into the sport.
Including the employment of Youth Development Officer Tom Harrison, the money has also gone on improving the pitches, kit and equipment and a host of other things geared towards the playing of rugby union in Scarborough.
The club enjoyed a surplus of £60,000 before exceptional items and depreciation, but off-field legal wranglings meant their annual figures weren’t as positive as they could have been.
Some of the stand-out financial figures from SRUFC’s 2012 AGM:
* Surplus of £60,000 before excpetional items and depreciation
* £25,000 costs incurred in off-field legal wranglings
* £53,000 invested in capital expenditure
* Operating surplus increased by £9,000
* Operating expenses down 10.5 per cent
SRUFC chief executive Graeme Young said: “Inevitably our financial performance was significantly effected by our regulatory problems.
“Our operational financial achievements were in line with expectations and a surplus of £60,000 before excpetional items and depreciation was satisfactory.
“However, the exceptions were significant. In this financial year £25,000 has been committed to fighting our right to trade.”
Despite the club’s heavy financial burden away from the pitch, plans are also afoot to improve facilities further at their Silver Royd base, including ambitious plans for a cricket pavilion as well as extending their gymnasium Barons Health and Fitness.
Young added: “Although faced with a testing financial environment, the SRUFC board was still able to invest £53,000 in capital expenditure, showing our commitment to continually improve our facilities.
“Mindful of always looking forward, plans are being discussed for an extension to Barons Leisure Centre, developing the rear of the stand to provide toilet and refreshment facilities and also building a cricket pavilion on the second terrace.”
The full report from Scarborough RUFC’s 2012 AGM can be found at: http://www.scarboroughrugby.co.uk/club/annual-report