Cheltenham Town Kept Their Books About as Quiet as Their Season

In the 2024-25 season covered by these accounts, Cheltenham Town competed in the middle of League Two, a settled campaign without a serious promotion push or relegation battle, continuing a period of relative stability since the club's relegation from League One in 2022.

These accounts don't disclose a turnover figure or a pre-tax result for the period, an unusually limited filing even by the standards of League Two clubs, though what is disclosed points to a club in reasonable underlying health.

Net assets of around £1.5m keep Cheltenham in positive territory, a position that suggests careful financial management even without visibility on the club's actual trading performance for the year.

Cash reserves of around £0.5m and a workforce of around 110 employees show the modest scale Cheltenham operates at, typical for a club settled in the lower half of the professional pyramid.

With so little disclosed in this filing, Cheltenham's season is best read through its league position: a quiet, unremarkable year for a club that has found a stable, if unspectacular, level.