Gillingham’s latest financial accounts show they made a pre-tax profit of just over £2,000.

The accounts for the year ending May 31, 2017 are an improvement on the £886,677 loss in 2016.

Their accounts highlight what a challenging year it had been, mainly due to their legal fight over compensation from former caterers Centerplate.

The Gills were eventually awarded a payout of £1.36m from Centerplate UK Limited.

An amount of £851,241 was paid on December 1, 2017 and an additional £433,547 has been included in the year’s accounts.

Turnover rose significantly, from £5.7m in 2016 to £6.3m, due to increased ticketing income and player sales.

The club’s £6.3m turnover includes £674,000 worth of transfer fees, £425,000 of which was for the sale of John Egan to Brentford, which was decided on a tribunal.

It’s a fee that is likely to rise to a total of £500,000.

TV and radio income netted the Gills £1.4m while the club’s banqueting and catering facility brought in just over £1m. Football ticket sales accounted for £1.6m of their turnover.

The wages and salaries at the club over the year came to £3.2m, a figure only slightly higher than the previous year.

Club chairman Paul Scally took home a fee of £208,353 for consultancy services, up from £191,708 the year before.

Michael Anderson, the club's former vice chairman embroiled in a fraud investigation in the US, was still owed £483,231 - a debt that remains outstanding - while fellow director Michael Quarrington was owed £16,393.

Mr Scally, along with Anderson and Quarrington, are also directors of Three Directors Limited and are owed an additional £1.8m.

A statement said: "The board continues to seek additional external investment and plans to relocate the stadium to a new local site are ongoing, the local authority are supportive and it is hoped an outline planning proposal will be submitted later in 2018 for a new stadium and appropriate enabling development."

Gillingham are under the ultimate control of GFC Holdings Limited, who own the majority of the voting rights, with Mr Scally the sole shareholder. The company was declared as "dissolved" at the end of May but the club chairman says this is a mistake and will be rectified soon, saying: "It was struck off in error by Companies House but it should be reinstated by the end of this week. It shouldn’t have been struck off but that was out of our control."