After EBITDA (earnings before interest, taxes, depreciation, and amortisation), the club recorded a loss of £142,659.
"It is very pleasing to report continued improvement in our results," chief executive Jamie Clifford said.
"The club has seen just short of £1m improvement in EBITDA since 2009 - an objective that was at the heart of our strategic planning."
Kent have also reported a strengthened balance sheet, with a net asset value of £7.7m - an improvement of just under £1.4m over the year.
The club also sold land at the Old Dover Road side of the St Lawrence Ground to property developers shortly after the end of the financial year, after being granted planning permission.
"This marks a key moment in the club's history. We can expect the construction of high-quality retirement apartments to commence in the coming months," Clifford added.

Protesters have been on the the streets since Freddie Gray's death on 19 April - a week after a police encounter where he sustained unexplained injuries.
Shops have been looted and objects thrown at police, injuring several officers.
It was the first time in the history of professional baseball that fans had been locked out of a game.
The game at Camden Yards started at 14:05 EDT due to the city's 22:00 curfew in the wake of the riots, with Baltimore winning 8-2.
Among the few able to witness the match were those who had paid for balcony rooms in the nearby Hilton Hotel, which overlooks the stadium.
Journalists accredited to cover the game reported that the voices of players on the infield could be heard clearly.
"Attention media: For record-keeping purposes, today's official paid attendance is ... zero," an announcement made over the press box public address system said.
Other reports said the stadium still played the traditional US baseball anthem - Take Me Out To The Ballgame - during the traditional seventh-inning stretch.
The Orioles and Major League Baseball officials had said the decision to shut out fans had been taken for safety reasons.
But Brendan Hurson, one of the 40 spectators gathered by a fence near the stadium's main gate, said it was a missed opportunity and held up a sign reading "Don't forget Freddie Gray".
Six police officers have been suspended following Gray's death and an internal investigation is under way.
On Sunday, more than 1,000 protesters were on the streets of Baltimore and at least 12 arrests made.
Gray, who was 25, is the latest of a series of black Americans to die in police custody in recent months, triggering angry protests accusing the police of brutality.
Kent have announced an improved pre-tax profit of £345,784 for the financial year to November 2015.
[NEXT_CONCEPT]
Fans were locked out of Baltimore Orioles' game against Chicago White Sox following violent protests in the city.