Small surplus for Cricket Scotland
Cricket Scotland made a small overall surplus of £15,958 in 2004-05, compared to a loss of £38,000 the previous year
Cricinfo staff
28-Nov-2005
Cricket Scotland made a small overall surplus of £15,958 in 2004-05, compared to a loss of £38,000 the previous year.
Income amounted to £1,093,310 - the first time it has exceeded the £1 million mark - and was 35% up on the previous year - thanks mainly to increased ticket sales resulting from the ill-fated (but insured) Scotland-Australia match, an increase in core grant from sportscotland, and increased commercial sponsorship from Lloyds TSB Scotland and the Caledonian Brewing Company, among others.
Expenditure at £1,077,352 was also up, by 27%, with nearly half of expenditure - £494,000 - attributed to `high performance' international activities which, with the important ICC Trophy, are not surprisingly prominent.
"It's been a fantastic year for Scottish cricket, on and off the field," said Cricket Scotland's chief executive Roddy Smith. "But we are determined not to rest on our laurels, because there is still so much to be done. In particular, it is important that we build up our reserves because there will no doubt be frequent unexpected calls on our finances as we continue to make progress."