HEREFORD FC have confirmed they made a net profit of £21,127 for their first full year of trading, with a turnover of over £1million.

Match-day ticket sales were £387,155, with season tickets accummulating for £118,403.

Merchandise sales, helped by the Bulls reaching the FA Vase Final, brought in a further £261,285, with prize money being £40,200.

Sponsorship and advertising also helped the club greatly, bringing in £135,999, with matchday programme sales and bar profits also both adding more than £30,000.

But wages to the club's management team and players cost £202,968, which included bonuses relating to appearances, goals, clean sheets, winnning the Midland Football League Premier Division and reaching the FA Vase Final.

Wages to non-playing staff cost a further £74,758 with merchandise purchases being £169,296.

Refurbishment and general repairs to the ground also cost the club just shy of £300,000.

Up to May 31, 2016, the Bulls currently had £418,903 in the bank.

The full accounts can be found here.