2025 Annual-report

NOTTINGHAMSHIRE COUNTY CRICKET CLUB 2025 ANNUAL REPORT & ACCOUNTS 32 In his report to the 2025 AGM, my predecessor noted that men's red-ball cricket remains a fundamental part of our club's DNA, despite being part of an ever- broadening mix of activities.The 2025 season certainly reinforced this sentiment on the field. F R A S E R MON T GOM E RY TREASURER’ S REPORT Off the field, our financial results for 2024-2025 show a pre-tax deficit of £720,000 (£376,000 after tax). While this represents a challenging outcome, keeping the deficit below our budgeted target of £805,000 was a considerable achievement given the current business environment and the scheduling of a Test match against Zimbabwe whilst other grounds hosted a more commercially attractive series against India. An unbudgeted cost of over £14,000 was incurred hosting two Extraordinary General Meetings in September, which impacted our Administration Expenses line. Despite several income and costs lines being negatively affected, a number of key positive factors throughout the season ensured our financial position remained stronger than it might otherwise have been. July welcomed the return of The Hundred, a format that continues to deliver significant positive financial impact. When the 2024-2025 budget was prepared, uncertainty existed regarding the tournament structure. Initial guidance indicated a transi- tional model; however, this shifted to a 'business as usual' approach for 2025. Under this arrangement, we received £340,000 in venue hire fees and a 30% share of ticket revenue totalling £327,000.We expect these sums to increase with the move to a new model in 2026. Hospitality during The Hundred performed strongly, exceeding budget expectations by £26,000. On 31 July, the club received its first tranche of income relating to investments inThe Hundred teams.This amounted to £413,000, representing the club's share of sales made by other Professional Cricket Clubs (PCCs) of all or part of the 51% equity gifted to them by the ECB.This has been recorded under grants, donations and other income. Although both average attendance and ticket revenue for the Vitality Blast showed positive variances compared to the 2024 competition, revenue has not yet returned to 2023 levels. Revenue achieved was £409,000 against a budget of £500,000. Nevertheless the Blast remains Nottinghamshire’s highest- attended competition by members and generates the highest revenue across all formats, outside of the Hundred. Against this backdrop, we generated £16.5 million in income for the year (compared to £18.1 million in 2024, £14.3 million in 2023, £15.6 million in 2022, and £14.1 million in 2021).The chart over- leaf highlights the main sources of income in the financial year ended 30 September 2025. Figures relating to retail, catering and hospitality are shown within their own income lines and are recorded separately to match receipts. We have continued to maximise the use of our venue outside the cricketing calendar, building on