Darlington Football club posted a loss of £680,000 in the first year of the new company's trading.

The Quakers' first accounts since it was taken out of administration in 2009 show a deficit of £680,584, which included a £250,000 share injection.

The accounts, for Darlington Football Club 2009 Limited, were published at Companies House this week.

They cover a period from the club's exit from administration to July last year, so do not include the current season finances, which feature a number of recent windfalls.

They will be dominated by the sale of Dan Burn to Fulham for an initial fee understood to be £325,000, prize money of £50,000 from last weekend's FA Trophy Final victory and a similar figure from gate receipts from the final.

Last year's total deficit was £930,584, although it was partly offset by the sale of 250,000 shares at £1 each.

The accounts also included payments of £345,688 to creditors inherited from the previous owners of the club, which had to be paid under Football League rules.

In his notes with the abbreviated accounts, David Arthur, an auditor with Tait Walker Chartered Accountants, said: "Following relegation from the Football League inMay 2010, the directors recognised that income generated from the company's footballing operations would suffer a considerable decrease and have adjusted budgets accordingly.

"It is believed that the steps taken will help to reduce operating losses whilst still providing the necessary resources for the club to make an immediate return to the Football League. This remains the directors' number one priority."

Chairman Raj Singh, whose Prestige Care Limited group is ultimate parent company of the club, declined to comment yesterday, saying the accounts were publicly available.

Mr Singh's continued role at the club has come under speculation in recent months because of uncertainty about the ground.

The holding company, which owns the stadium and land, has been placed in receivership because of a £1.7m debt to Philip Scott and Graham Sizer, which pre-dates Mr Singh's involvement in the club.

However, fan support following a season ticket push and the FA Trophy win have convinced him to maintain his financial support.

Professor Tom Cannon, an expert in sports finance from Liverpool University, said it was impossible to comment with conviction without seeing the full accounts.

However, he said: "For a non-league club, it is quite a substantial deficit over one year."