ANNUAL REPORT 2019

NOTTINGHAMSHIRE COUNTY CRICKET CLUB 2019 ANNUAL REPORT & ACCOUNTS 30 The past 12 months have been far from typical in terms of the mix of matches held at Trent Bridge. PAU L E L L I S TREASURER’ S REPORT Any deviation from what has become the ‘standard’ combination of Test and One-Day International fixtures in a particular season has an impact on our financial return. That can be seen again this year, despite the prestige of hosting five ICC CricketWorld Cup fixtures. The club’s overall pre-tax surplus for the year ending 30 September 2019 sits at circa £20,000.While significantly down on the profit we delivered last year, this is not unex- pected considering the make-up of our major matches in 2019 – and does not jeopardise our plans to ensure long-term stability. Our turnover, meanwhile was £12.6m over the same period – down £0.5m from last year, but still the second-best result in our history. In a year where we did not host a Test, this is a significant result. It is impossible to overstate the impact of international cricket on our venue. It is by far the biggest single area from which we gain our revenue, bringing in 37% of our total income last year. If you took international cricket out of the mix, we would have to cut our cloth dramatically differently as a venue. The past 12 months could not have demonstrated this more starkly. We were tremendously proud to be a host venue for theWorld Cup; there really is nothing to match it in terms of its prestige and the positive feeling it can engender across the community – even amongst those who wouldn’t normally have an interest in the sport. Financially, however, it’s a very different beast.The spread of World Cup fixtures across a period of several weeks meant our venue remained in ‘international’ mode for longer than in a typical summer, with all the attendant costs that brings.The way in whichWorld Cup payments are staggered required strong cash management, while our income streams were also affected. For the duration of the tournament, we effectively ‘loaned’ our ground to the ICC.We receive a fee for this privilege from the competition organisers, who also cover some of the expenditure we would normally incur for an international fixture. They do, however, retain control over a number of revenue-generating