2023 ANNUAL REPORT
41 FINANCIAL REPORT INCOME & EXPENDI TURE ACCOUNT F O R T H E Y E A R E ND E D 3 0 S E P T E M B E R 2 0 2 3 Note 2023 2022 £ £ Income Cricket 4,914,302 7,297,175 Commercial 4,643,842 5,663,227 Grants, donations and other sources 4,709,241 2,631,076 14,267,385 15,591,478 Expenditure Professional cricket (4,743,432) (3,495,381) Ground, facilities and match expenditure (3,744,914) (4,404,962) Cricket academy, training and development (1,107,520) (960,628) Administration and commercial expenses (5,397,545) (5,577,266) Operating (deficit) / surplus 3 (726,026) 1,153,241 Interest receivable and similar income 5 27,834 4,514 Interest payable and similar expenses 6 (293,784) (288,094) (Deficit) / surplus before tax (991,976) 869,661 Tax on (deficit) / surplus 7 168,062 (180,038) (Deficit) / surplus for the financial year (823,914) 689,623 There were no recognised gains and losses for 2023 or 2022 other than those included in the income and expenditure account. The notes on pages 45 to 52 form part of these financial statements.
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