Yorkshire County Cricket Club Annual Report and Accounts 2015
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ANNUAL REPORT AND ACCOUNTS 2015 CONTENTS Chairman’s Report 3 AGM Minutes 24-27 Chief Executive Report 4 Members’ Committee Report 29 Director of Finance’s Report 6-7 Board Attendance & 30 Player Appearances for 2015 Director of Cricket’s Report 8-9 Yorkshire Cricket Foundation President, Board Members, Staff and Players 10 Manager’s Report 31 Accounts 2015 Archive Committee Report 32 Corporate Governance 11 Notes 33 Income and Expenditure Account 12 Notice of AGM and Agenda 34 Balance Sheet 13 Cash Flow Statement & Analysis of Net Debt 14-15 Notes to the Accounts 16-22 Independent Auditor’s Report 23 2 CHAIRMAN’S REPORT AN INCREDIBLE YEAR no cricket. Without the repeated World Cup matches that are injection of loans from Colin contingent on its completion. BRIGHT FUTURE Well 2015 turned out to be quite a Graves, YCCC would have been This will of course provide year to assume the chairmanship bust years ago. But continually significantly enhanced facilities I would like to say a few personal of Yorkshire County Cricket Club! borrowing more is no way to run which will be available for use thankyous beginning with a business and there is no Fairy by the members, as we develop Colin Graves for his unstinting Brilliantly led by Andrew Gale Godmother waiting in the wings operating and commercial plans. commitment and financial our team won the County to bail us out. We have therefore support to the club over many Championship for the 34th time successfully completed a financial Achievement of our vision and years. I wish Colin well with the and back-to-back titles for the restructuring of the Club during plans will be far from easy challenges he faces with the first time in nearly 50 years. the year with Colin’s loan repaid. and will require resolve and national game. Thanks also to unity in equal measure. Dickie Bird for a superb second And it was no ordinary win. In So we are 2 years into a 7 year year as President, attending total 21 players were used over plan through to the end of our INFLUENCING THE FUTURE every match and being the the season, with 7 of the squad current international staging OF ENGLISH CRICKET perfect ambassador for the club. being called up to represent agreement and the World Cup Finally thanks to my fellow board England at different times adding in 2019. I’ll provide more details Success on and off the pitch is members, Mark Arthur and every to the disruption caused by to members at the AGM but the also important in the context member of his staff who have injuries and Andrew Gale’s early reality is that clearing our debts of shaping domestic cricket. worked tirelessly for the benefit season absence. The ability of over the next 10-15 years has to The new regime at the ECB is of the club and you as members. considering a wide range of our coaching team, superbly be a key priority. We successfully options for both red and white led by Martyn Moxon and Jason refinanced at the end of 2015 And so here we are at the start ball cricket and I am determined Gillespie, to manage the constant (reducing the annual interest of the new season. Yorkshire that Yorkshire will play a key disruption throughout the season bill by nearly £300,000 per is again the county that all part in influencing their strategy is testimony to their skill and annum) and virtually all aspects others are trying to emulate, by being at the heart of any the winning mind-set they have of the Commercial side of the with the realistic prospect of a instilled in the team. The stats decision-making. Your board is club made significant progress championship treble and nearly will go down in history: most unanimous in the belief that there last year. Achieving a small half of our first team firmly wins (11 out of 16), highest points is nothing more important than profit in 2015 was an important established or pressing hard for (286) and the greatest winning 4-day cricket and we will do our milestone and the positive a place in the England squad. margin (68 points). Incredible! utmost to preserve the integrity trends in revenues across all and importance of the county categories have continued into Strong Yorkshire, Strong England WHITE BALL AMBITIONS championship whilst supporting the New Year. We have clear is once more the mantra, with changes to white ball cricket to plans to drive revenues and profit Joe Root one of the top batsman But there is no complacency in make the game accessible to forward over the next few years. in the world, Jonny Bairstow the dressing room. The desire of the widest possible audience. the Cricket Writers’ Player of our players to win the treble is as But we still face substantial the Year and Jack Leaning the strong as ever and there is clear #STRONGUNIT Young Player of the Year. acknowledgement that we have to headwinds. Headingley’s status as an international ground is do better with the white ball. The If you follow Jason Gillespie Thank you for your continued disappointment of not reaching not guaranteed beyond 2019, on Twitter you’ll know that he compounded by considerable support which is hugely the Royal London one-day cup regularly uses #strongunit to appreciated by everyone at the final at Lords was incredibly uncertainty over the format describe our players. And thanks and quantity of international club. By all pulling together in painful and we have yet to fulfil to his outstanding leadership the same direction, both on and our potential in the NatWest T20 cricket after that date. We are with Martyn Moxon and Andrew determined to make Headingley off the pitch, your board, staff Blast. The YCCC contribution Gale that’s exactly what they and players have delivered an one of the best sporting venues are, with a unity of purpose and to Adelaide Strikers’ success in exceptional result. I hope you are in the country and plans are spirit that’s largely founded on the Big Bash and the signing of as proud as I am of what YCCC has being formulated for the joint growing our own talent. Our David Willey are evidence of our achieved over the past 2 years. intention to compete for trophies redevelopment of the Football young players all gained valuable Stand with our Leeds Rugby across all formats in 2016. experience last season and Alex I wish you all a healthy, exciting neighbours, a complicated and Lees has been confirmed as and successful season in 2016. SUSTAINED SUCCESS expensive process. Each party our one day skipper for 2016. will have to inject around £15 Members often say to me that million and we are working hard But #strongunit also applies to YCCC is too much about business to raise at least £8 million of YCCC in its entirety because we and not enough about cricket. our share by way of grants. Our are stronger together and unity My answer is always the same: target is to have the new stand ensures that we are best placed it’s not true but the reality is that open in time for the Ashes Test to secure the long term future without a sustainable business and Pakistan ODI which will take of Yorkshire Cricket and remain Steve Denison model for the club there will be place in 2019, together with 4 the envy of all other counties. Chairman 3 CHIEF EXECUTIVE’S REPORT The 2015 cricket season will once In 2016 we welcome Sri Lanka to proceed. In the meantime, On a sadder note, over twenty of again be hailed as one of success for the first Test Match of the you will see greater activity on our cricket clubs were flooded for Yorkshire County Cricket Club. summer, and, at the time of the rugby side of the Ground during the Christmas period, We won the County Championship writing, ticket sales are up by as they have to redevelop their causing unprecedented damage. for the 34th time, breaking 6,000 on last year. In September South Stand before we embark The Yorkshire Cricket family has modern day records in the we host Pakistan for the first ever upon the joint venture. come together to support these process. However success was Day/Night One-Day International clubs, along with tremendous Park Avenue Cricket Ground, in not just limited to the men’s first at Headingley under permanent financial support from the ECB Bradford, will complete phase one team. The Yorkshire Women won floodlights, which we expect to and Sport England. Having visited by mid-summer 2016. A new non- their County Championship, whilst be a sell-out. On the domestic all the affected clubs with players there was also success for the front, the men will be looking turf pitch was laid last summer and colleagues, I am amazed by Men’s Over 50’s, the Girls’ Under to be competitive in all three to allow more cricket to be played the positivity and resilience of 13’s and Under 15’s, and the competitions as they seek to at the famous old ground. Eight the volunteers at each and every Academy won both the Yorkshire emulate the great teams of non-turf nets are now being club. The majority should enjoy a League Cup and the Black Sheep the sixties by winning three constructed on the old football full season at their home ground, Trophy.