1921 Audited Accounts for year ending 30th June 2022

[_Stefan_Kuntz]

I was sceptical about the persistent rumour that there was/is a covenant restricting / inhibiting the use of Brunton Park.

But a person of impeccable character has actually seen the covenant document within the last decade. It specifies "Football use only".

Thus Brunton Park being categorised as a piece of land on a flood plain that has been actually comprehensively flooded twice within easy living memory and there being a seriously restrictive covenant on it, the real value of Brunton Park is almost f­uck all. In the accounts the value of land and buildings should literally have been stated as "almost f­uck all". But there is a rule of accountancy that the value of some assets can be stated as what it would cost to replace them. This is what is being used. Of course it is not the real value which is "almost f­uck all" and should be in the accounts as that.