UK Athletics has reported a surplus for the primary time since 2017, two years after going through the specter of chapter.

The governing physique introduced a report annual lack of £3.7m in 2023 however has applied strict measures to ship a surplus of £107,588.

UK Athletics (UKA) launched tighter value controls and restructured internally – decreasing workers numbers from 72 to 62 – and “decreasing assist for some programmes”.

UKA additionally struck a “groundbreaking” deal with the organisers of the London Marathon and Nice North Run in 2024 to assist it sort out monetary crises.

“I’m very happy that we’re again in revenue – it is an essential second for UK Athletics and an actual signal that the steps we now have taken over the previous two years are working,” UKA chair Ian Beattie mentioned.

“However I do not underestimate how troublesome it has been to get again to this place. It has taken arduous selections, cautious administration and the dedication of an incredible many individuals to show issues round.

“The organisation has gone via a interval of actual change. Now we have needed to make financial savings throughout each space, together with redundancies and lowered assist for some programmes exterior the World Class Efficiency system.

“These selections had been extraordinarily powerful and by no means taken frivolously, however they had been essential to safe the long-term stability of the game. We’re a leaner organisation now – extra streamlined and extra centered on the necessities and the appropriate tradition – however we’re additionally a stronger one in consequence.”