2024 ANNUAL REPORT

NOTTINGHAMSHIRE COUNTY CRICKET CLUB 2024 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 4 2024 2023 £ £ Cash flows from operating activities Surplus / (deficit) for the financial year 488,725 (823,914) Adjustments for: Amortisation of grants (301,952) (288,628) Depreciation of tangible assets 759,275 751,244 Impairment of fixed assets 29,676 - Interest paid 289,242 293,784 Interest received (83,447) (27,834) Taxation (credit) / charge 154,978 (168,062) (Increase) in stocks (16,706) (154,386) Decrease / (increase) in debtors 1,157,934 (406,343) (Decrease) / increase in creditors (2,496,176) 3,218,197 Net cash generated from operating activities (18,451) 2,394,058 Cash flows from investing activities Purchase of tangible fixed assets (469,192) (303,543) Interest received 83,447 27,834 Net cash from investing activities (385,745) (275,709) Cash flows from financing activities Increase / (decrease) in share capital 21 (9) Repayment of loans (401,064) (473,000) Interest paid (289,242) (293,784) New grants received 393,337 100,000 Net cash used in financing activities (296,948) (666,793) Net (decrease) / increase in cash and cash equivalents (701,144) 1,451,556 Cash and cash equivalents at the beginning of year 4,533,602 3,082,046 Cash and cash equivalents at the end of year 3,832,458 4,533,602 Cash and cash equivalents at the end of year comprise: Cash at bank and in hand 3,832,458 4,533,602 The notes on pages 45 to 52 form part of these financial statements.