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The Bulls face winding up order 1 April 2014

Embattled football club Hereford United is facing the prospect of a second winding-up order in three months.

HMRC issued a petition against the Conference Premier club in late March over an unpaid £78,000 tax demand. The club will hear the petition at the high Court of Justice on 7 April.

The club’s latest annual accounts show a loss of £498,994 for the year ending 31 May 2013 – the worst financial result in Hereford United’s 90-year history.

Turnover fell year-on-year to £1,629,982 in 2013 from £1,873,696 the year previously, while totals owed to creditors falling due within one year rose to £640,608 from £568,448 in 2012.

Since relegation from the Football League in May 2012, Hereford United has seen revenues and attendances at games fall, and club chairman David Keyte has revealed it would take £300,000 to see out the current Conference Premier season.

A statement posted yesterday (31 March) on the club’s website said £20,000 has been raised through various donations and fund-raising schemes, as well as match day income, towards the unpaid tax bill.

In January the club was served with a winding up order, again on a petition from HMRC, over an unpaid £36,800 PAYE bill.

Hereford United currently sits one point above the relegation zone in the Conference Premier Table, with just six games of the season left to play.

 

 

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