2024 ANNUAL REPORT

NOTTINGHAMSHIRE COUNTY CRICKET CLUB 2024 ANNUAL REPORT & ACCOUNTS 48 2024 2023 £ £ Surplus / (deficit) on ordinary activities before tax 643,703 (991,976) Surplus / (deficit) on ordinary activities multiplied by standard rate of corporation tax in the UK of 25% (2023 - 22.01%) 160,926 (218,316) Effects of: Expenses not deductible for tax purposes 7,859 15,391 Fixed asset differences 74,052 67,530 Movement in unamortised grants (87,859) (52,844) Enhanced capital allowances - (4,997) Remeasurement of deferred tax for changes in tax rates - (374) Losses carried back - 190,489 Adjustments to tax charge in respect of previous periods - (170,117) Movement in deferred tax not recognised - 5,176 Total tax charge for the year 154,978 (168,062) 8. TANGIBLE FIXED ASSETS Freehold property Fixtures, Fittings, Plant & Equipment and Motor Vehicles Office equipment Assets under construction Total £ £ £ £ £ Cost At 1 October 2023 27,659,584 5,854,473 730,134 - 34,244,191 Additions - 122,344 32,644 314,204 469,192 At 30 September 2024 27,659,584 5,976,817 762,778 314,204 34,713,383 Depreciation At 1 October 2023 7,186,678 5,300,720 632,050 - 13,119,448 Charge for the year 465,165 258,903 35,207 - 759,275 Impairment charge - 29,676 - - 29,676 At 30 September 2024 7,651,843 5,589,299 667,257 - 13,908,399 Net book value At 30 September 2024 20,007,741 387,518 95,521 314,204 20,804,984 At 30 September 2023 20,472,906 553,753 98,084 - 21,124,743 Included within freehold property is land of £4,177,476 which is not depreciated. Assets under construction relate to pavilion project works. Trent Bridge Cricket Ground (the freehold property) was valued by Charterfields Chartered Surveyors in July 2022 at £79,200,000 on a replacement cost basis.The asset is carried in the financial statements at historic cost. Factors that may affect future tax charges There were no factors that may affect future tax charges.