Yeovil occupied top spot in the Conference from late September until the end of the season, eventually winning the title by a records points margin and earning promotion to the Football League for the first time in the club's 108-year history.

The team failed to defend their FA Trophy title being knocked out in the quarter-final after being beaten 2–0 by Northern Premier League side Burscough.

[3] Francis Kumbur and first year professional Richard Parkisnon were released by Yeovil after the FA Trophy final while Andy Turner had his contract terminated by mutual consent.

[4] Steve Collis, Olivier Brassart, Chris Giles, Andy Lindegaard, Roy O'Brien and Faisal Mali all signed new contracts with the club.

[14] Before Yeovil's first match of the season French midfielder Olivier Brassart left the club to join Scarborough,[15] while goalkeeper Steve Collis departed on loan to Tiverton Town.

[33][34] On 20 September, Yeovil beat Halifax Town 3–0 despite having two men sent off after a mass brawl saw Abdoulaye Demba and Terry Skiverton both dismissed for violent conduct.

[38] The end of the month saw the club bring in French-born Moroccan left sided player Abdou El-Kholti as a replacement for the departed Tonkin.

[42] On 23 October, the club faced Boston United in the first round of the Football League Trophy, after two injury time goals saw them lose 4–2 against the Third Division side.

[44] The replay was played two days later, and two goals from Demba helped earn Yeovil a 3–1 victory and progress to the first round proper of the FA Cup.

[49] Yeovil progressed to the third round of the Somerset Premier Cup, on 19 November, with a 2–1 extra time victory over Mangotsfield United, with both goals from Abdoulaye Demba.

While the club signed former Torquay United defender Jimmy Aggrey on a month's contract, and paid Stevenage Borough £20,000 for the services of striker Kirk Jackson, who had scored twice against Yeovil earlier in the season.

[63] Yeovil faced Morecambe at home in the FA Trophy fourth round and came out 2–1 victors after goals from Kirk Jackson and Terry Skiverton.

[67] After losing out with Blunt, manager Gary Johnson signed midfielder Neil Mustoe from Stevenage Borough on a free transfer until the end of the season.

[73] On 8 March, top scorer Kirk Jackson grabbed his 18th goal of the season, including seven for Stevenage, to earn 10-man Yeovil a 1–1 draw at Woking.

[74] Yeovil got back to winning ways and opened up a 12-point lead at the top of the Conference with a 3–1 victory against Leigh RMI, with Jackson grabbing a brace.

[79] Before they could wrap it up they faced Clevedon Town in the semi-finals of the Somerset Premier Cup and a strong Yeovil side was to good for their lower league rivals winning 4–0.

The Glovers celebrated their title, and promotion to the Football League for the first time in their 108-year history, with an emphatic 4–0 rout of Doncaster at Belle Vue.

The end of the season saw manager Gary Johnson release four players, including Jimmy Aggrey, Kim Grant, Neil Mustoe, Jon Sheffield, while defender Tom White was invited back to pre-season training to prove his fitness.

[87] Seven players all signed new contracts at the end of the season including striker Kevin Gall, midfielder Abdou El-Kholti, defenders Roy O'Brien and Stephen Reed as well as forwards Adam Stansfield, Andy Lindegaard and Chris Giles.