2023 ANNUAL REPORT

NOTTINGHAMSHIRE COUNTY CRICKET CLUB 2023 ANNUAL REPORT & ACCOUNTS 44 STATEMENT OF CASH FLOWS 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 2023 2022 £ £ Cash flows from operating activities (Deficit) / surplus for the financial year (823,914) 689,623 Adjustments for: Amortisation of grants (288,628) (278,682) Depreciation of tangible assets 751,244 724,411 Interest paid 293,784 288,094 Interest received (27,834) (4,514) Taxation (credit) / charge (168,062) 180,038 (Increase) in stocks (154,386) (68,286) (Increase) / decrease in debtors (406,343) 185,020 Increase / (decrease) in creditors 3,218,197 (1,265,025) Corporation tax received / (paid) - (391,468) Net cash generated from operating activities 2,394,058 59,211 Cash flows from investing activities Purchase of tangible fixed assets (303,543) (161,975) Interest received 27,834 4,514 Net cash from investing activities (275,709) (157,461) Cash flows from financing activities (Decrease) / increase in share capital (9) 15 Repayment of loans (473,000) (2,435,494) Repayment of / new finance leases - (13,329) Interest paid (293,784) (288,094) New grants received 100,000 - Net cash used in financing activities (666,793) (2,736,902) Net (decrease) / increase in cash and cash equivalents 1,451,556 (2,835,152) Cash and cash equivalents at the beginning of year 3,082,046 5,917,198 Cash and cash equivalents at the end of year 4,533,602 3,082,046 Cash and cash equivalents at the end of year comprise: Cash at bank and in hand 4,533,602 3,082,046 The notes on pages 45 to 52 form part of these financial statements.