CRICKET ANNUAL REPORT 2018

MAKING MAINSTREAM Members of c/o Unit 22, Grattan Business Park Clonshaugh 17 Ireland

April 28th 2019

Dear Members,

We are pleased to present the Cricket Ireland Annual Report 2018 – providing an overview of the financial and operational achievements of Cricket Ireland (also known as The Irish Cricket Union Company Limited by Guarantee).

Ross McCollum Warren Deutrom Chairman Chief Executive Cricket Ireland Cricket Ireland

1 CRICKET IRELAND ANNUAL REPORT 2018 1 OVERVIEW ABOUT CRICKET IRELAND 4 CHAIR’S REPORT 5 CHIEF EXECUTIVE’S REPORT 6

2 PERFORMANCE REPORTS HIGH PERFORMANCE 8 Men’s International Programme Women’s International Programme Pathway Programme PARTICIPATION 10 COMMERCIAL 11 FINANCE 13 Statement of Income and Retained Earnings Balance Sheet

CRICKET IRELAND ANNUAL REPORT 2018 2 1 OVERVIEW

3 CRICKET IRELAND ANNUAL REPORT 2018 ABOUT CRICKET IRELAND

Cricket Ireland is the national governing body for the sport of cricket in Ireland. It is responsible for setting the strategic direction and the national administration of cricket on the island of Ireland.

Cricket Ireland (also known as “The Irish the sport was restricted greatly when consolidated Ireland’s credentials as an Cricket Union Company Limited by the Gaelic Athletics Association (GAA) emerging force, defeating England and Guarantee”) was established in 1923, introduced Law 27 in 1902, banning West Indies respectively along the way. with a brief to organise the national GAA players from either participating squad, primarily arranging fixtures or even watching the so-called ‘English against the Scotland and the English sports’ of football, rugby or cricket. The FULL MEMBERSHIP MCC, as well as occasional visits by ban lasted for more than 70 years. English Counties and Test teams. On 22 June 2017 the ICC announced that Ireland had been granted Full NATIONAL RE-EMERGENCE Membership status and had become a BRIEF HISTORY fully-fledged Test Match playing nation. Proper competitive national fixtures This granted Ireland Test status and Since 1792, cricket has been played in began for Ireland in 1980 with entry to allowed the organisation to join the ICC Ireland, when the Military of Ireland and the English Gillette Cup, and while it Future Tours Programme. the Gentlemen of Ireland took each was a long road to becoming a other on in the Phoenix Park, where the competitive side, everything changed game still thrives in one of the world’s at the national level as a result of GOVERNANCE STRUCTURE oldest established cricket clubs. Ireland’s performance at the 2007 ICC By the mid-1850’s the game had Cricket World Cup. There are 12 Directors on the Board of expanded to the point where it was the Cricket Ireland, five of which are largest and most popular sport in the Entering the tournament proper after independent. There are also five country. Its success was such that the success in the qualification stage, provincial bodies who have first team to represent Ireland beat their Ireland went on to defeat Pakistan and responsibility for the game in their English counterparts in 1855. The game Bangladesh, and tie against Zimbabwe respective regions. Four standing went into decline towards the end of on the biggest stage of all – this was committees also provide strategic the century, largely a victim of politics seen as unprecedented for an oversight of the high performance, and class, although it continued in the Associate Member country. cricket operations, governance and north of the country and in the finance of the business. heartlands of central and northern Subsequent appearances at the 2011 Dublin. Any thoughts of resurgence in and 2015 Cricket World Cups further

CRICKET IRELAND ANNUAL REPORT 2018 4 CHAIR’ S REPORT

2018 was arguably the most important year for cricket in Ireland on and off the field.

After receiving Full Membership of the long-term in nature and can be Aideen will be succeeded by David International Cricket Council (ICC) in vigorously debated – however one O’Connor, a man with a long and 2017, the subsequent 12 months thing is clear for Cricket Ireland’s engaged history within the sport, and became a year of great advancement Directors – our decisions are made in someone who will undoubtedly carry for the sport. the best interests, sustainability and on the mantle in what is set to be growth of the . There is another big year for Irish cricket. The Board and staff of Cricket Ireland no doubt that we have had, and will launched an ambitious programme of continue to have, growing pains as we Ross McCollum activity that began to deliver on the seek to push forward with our Chair promise of cricket and what future objectives, but if you look back at the years are set to bring Irish cricket fans. journey we have taken as a sport over Key to achieving this had to be the last decade, I believe we are on the ensuring a strong foundation for the right course. sport – and this was achieved through delivering investment in infrastructure, However, the Board Members equipment and people. recognise that they need to ensure the support of the wider Irish cricket family While we saw some great highlights on to deliver on the ground, and so we the playing field, a number of key would like to acknowledge: moments stand out personally: the ICC for its continued support for the senior men’s team playing its Irish cricket; first Test Match at in May; and Sport Northern the women’s team qualifying Ireland with whose support enables convincingly for the ICC T20 World us to deliver so much to local Cup and then competing in the communities around this island; tournament in November; our wonderful and loyal sponsors the North West Warriors claiming and commercial partners who see their first Inter-Provincial the value of cricket and are Championship; and prepared to back its direction and attempting to put personal biases growth; aside, seeing Waringstown sweep the many members who support all before them at All-Ireland and our teams all year round; local levels. the army of volunteers who give so graciously of their time and effort; I was also extremely proud to host the Warren Deutrom and the annual ICC Conference for the very first management team at Cricket time in Ireland. This three-day event Ireland who are leading one of the brought more than 200 of world most proficient national cricket cricket’s leaders to Dublin where we bodies in the sport worldwide; and turned on the sunshine and treated the the fans of cricket on this island attendees to a sold-out T20I against who make this all worthwhile with India. The importance of this event their energy and enthusiasm. should not be underestimated, as it successfully demonstrated that the Finally, I would like to acknowledge the world governing body had made the outgoing President Aideen Rice, whose right decision in awarding Ireland Full dedication to cricket over the last 12 Membership. months has been remarkable. Aideen has almost redefined the role of the Decisions made throughout any given President and has travelled the world year by Boards are often complex, over supporting our various teams.

5 CRICKET IRELAND ANNUAL REPORT 2018 CHIEF EXECUTIVE’S REPORT

2018 was one of the most important years in Irish cricket history with memorable sporting achievements on the field, and a complementary number of off-field successes that all aim to ensure we are on the right path to making cricket mainstream in Ireland.

Personally speaking, I don’t think any competition being driven in no announcing the first-ever women’s moment in the year could match the small part by the involvement of professional contracts (to be spine-tingling moment of more senior internationals; delivered in 2019); and beginning his run-up to bowl the first- the Dragons convincing Toyota announcing the development of a ever ball in Test match cricket for our Super 3s Series win laying a new girls and women’s cricket men’s international side, albeit a day platform for many of the squad to strategy for Ireland (to be delivered later than planned! The emotion of the feature with distinction at in 2019). moment was a mix of nervousness, international level; excitement and relief and it could be the Ireland Under-19s men’s team Delivering on these outcomes requires felt all around the ground. Many years competed at the ICC Under-19s a dedicated team of staff, of hard work and dedication by World Cup in New Zealand; and administrators, coaches, volunteers, generations of people across the Irish a true first in the umpiring ranks saw match officials and groundskeepers cricket family led up to that moment. It become the first working together with a common was truly on the shoulders of giants woman to stand in a men’s List A purpose and common direction. To that that Tim released that first and match in Ireland. end, I would like to first recognise the created a piece of Irish sporting history. generosity and loyalty of our Off the field, we delivered successfully commercial partners, and the ongoing However, looking back, it is more on multiple fronts, including: support of the ICC, the Irish remarkable that this match – so long negotiating more than 140 Government, Sport Ireland and Sport dreamed of by many fans – was just international fixtures with Full . Each of you play a one of many notable highlights in a year Member nations as part of the significant part in our story, and you are full of achievements, records and firsts. Future Tours Programme; all a big part of our success. signing Cricket Ireland’s first-ever Just consider the following on-field multi-year media rights deal; To our Board, led by our Chairman Ross highlights: opening Stage One of the new McCollum, the many Committee the men’s Test match created Cricket Ireland High Performance members and other stakeholders moments of Irish sporting history Centre at Sport Ireland National within the game who continue to and drew 15,000+ spectators and a Sports Campus; voluntarily dedicate much time towards global TV audience; hosting ICC Conference for the first growing our sport, I simply say thank that Test, and the two-match T20 time; you for your guidance and support. International series that followed incorporating the Provincial Unions between Ireland Men and India Men and continuing to increase To my own team in Cricket Ireland, you both featured sell-out crowds and resourcing and staffing of our Unions have made Irish cricket what it is today, cumulatively attracted the biggest so they can better deliver to clubs; and are rightfully recognised as one of worldwide TV audience of any creating a new Governance the best administrations in Irish sport. event ever shown in Ireland (an Committee to oversee governance, This is not just my assessment, but as of estimated reach of 191M); policy and compliance matters this very month I am hugely proud to the Ireland Women’s senior squad across the organisation; say we were honoured by the qualified for, and competed at, the continuing investment in staffing to Federation of Irish Sport as the National 2018 T20 World Cup in the develop and deliver sustainable Governing Body of the Year. Caribbean – and perhaps more business practices, including a importantly for the visibility of the Safeguarding Officer, Coach I am sure we all look forward to the sport, played in front of live Development Manager and – in another great year for Irish cricket in broadcast television that beamed partnership with the Provincial 2019 and I hope to see many of you every ball into homes around the Unions – new game development around the grounds, at home and world; positions; abroad. the North West Warriors first-ever signing on to the Federation of Irish triumph in the Hanley Energy Inter- Sport’s 20x20 Campaign to raise Warren Deutrom Provincial Championship, with the awareness and participation for Chief Executive increasingly quality of the women in sport;

CRICKET IRELAND ANNUAL REPORT 2018 6 2 ORGANISATIONAL PERFORMANCE

7 CRICKET IRELAND ANNUAL REPORT 2018 HIGH PERFORMANCE REPORT

The Performance Department has expanded over the last few years and now incorporates high performance programmes for all environments – men’s international teams, women’s international teams, national academy, talent pathway and under-age international teams, international operations, both men’s Inter-Provincial and women’s Super 3s, match officials, and facility development.

2018 was a extensively busy year, and The season finished with a six- However, a very tough group in the to support the work of the match multi-format white ball tournament saw Ireland beaten by Performance Department, a High series, which Afghanistan claimed a Australia, New Zealand, Pakistan Performance Committee is in place to 4-1 series win (one washout). and India. act in an expert advisory capacity in relation to the execution of the high performance strategy (men’s and WOMEN’S INTERNATIONAL PATHWAY PROGRAMME women’s) and to support the PROGRAMME Performance Director in any matter The Ireland Wolves and Men’s relevant to the delivery of the high The senior Women’s team started Academy played a good amount of performance programme. the year with a tour to Zimbabwe games during the year. Highlights with an under-strength squad due included a 2-1 50-over series win Key highlights for the year included: to player availability. While the against Scotland, a highly weather was not kind with several competitive eight-match series MEN’S INTERNATIONAL matches being abandoned, the One against Bangladesh A; and a drawn PROGRAMME Day series was tied 1-1, while 4-day match with Gloucestershire Zimbabwe won the T20I series 1-0. CCC 2nd XI. The year started successfully as the Back in Dublin Ireland hosted New The Ireland Under-19s squad side prepared for the World Cup Zealand for a T20I and a three- participated in the ICC Under-19s Qualifier, with wins against Scotland match ODI series. The series was World Cup in New Zealand, ending (2-0) and UAE (2-0) in two ODI unfortunately one-sided with New with a highly commendable 13th series. Zealand winning all four matches in place finish, with a 3-3 record in the However, the World Cup Qualifier in dominant fashion, however tournament, competing with the elite Zimbabwe saw mixed results, and demonstrating their resilience, the of the world’s up-and-coming cricket concluded with a loss to squad bounced back in a three- talent. Afghanistan which meant Ireland match T20I series against The Ireland Under-17s and Under-15s did not qualify for the World Cup Bangladesh several weeks later. in both boys and girls pathway for the first time since 2007. While eventually losing the series 2- programmes performed admirably, Back in Ireland, there was a 1, every match went down to the variously beating English, Scottish and momentous few days when we last over and gave promising signs other youth international sides. celebrated the hosting of our first leading into the T20 World Cup ever men’s Test match at Malahide Qualifier in July. The Performance Department and High Cricket Club against Pakistan. After The T20 World Cup Qualifiers saw a Performance Committee also oversaw an understandably nervous start, it resurgent Ireland defeat Thailand, the a number of important initiatives, was a competitive Test match with Scotland, Uganda, PNG to qualify including: Pakistan prevailing by 5 on convincingly for the tournament. International fixtures programme: the fifth and final day. The only downside being a loss to Management worked throughout This was followed by a T20 Bangladesh in the final. the year on a new international International tri-series with While little opportunity existed to programme of fixtures for both the Netherlands and Scotland, where play matches prior to the World men and women. The men’s Ireland had one win and a tie Cup, with funding support form programme is now formed around against Scotland, but two losses to Sport Ireland, the squad had a the ICC Future Tours Programme Netherlands. training camp in La Manga, Spain in (FTP) and over 140 fixtures have Back to Malahide in June, Ireland October, then headed to the been confirmed over the next four Men hosted India in two sell-out two Caribbean early to acclimatise and years. There has been more of a T20 Internationals, and despite prepare. challenge with the women’s losing both matches, the occasion The warm-up games saw a programme as there is no FTP and was memorable for the almost competitive match against not all countries are committing to 20,000 spectators attending the Bangladesh and Ireland a win over fixtures outside of the ICC Women’s games. for the first-time ever. Championship.

CRICKET IRELAND ANNUAL REPORT 2018 8 Succession Planning: Through Coach; and Lead Strength & Home internationals – Three rounds of discussion and consultation with condition Coach Brendan Connor testing were carried out at during the the Committee, a new strategy for was promoted to Performance home international schedule in 2018 – national men’s selection and Services Manager. These were all including during the Pakistan Test succession planning was agreed part of measures to increase the Match and the series against and approved by the Cricket Ireland resource and expertise in areas of Afghanistan. Board. sports science and medicine. This Women’s contracts: With support has been further supported by Other Matches – In away matches in from Sport Ireland it was agreed service level agreements with 2018, testing was undertaken on two and announced that for the first sports institutes in the North and match days and on two training days. time ever women’s part-time the Republic, both of whom are To date no adverse test results have playing contracts would be providing excellent support. These been recorded. introduced in 2019. areas work across the men’s and Talent Pathway: The Committee women’s senior programmes, From 2019, SI will also be testing discussed the structure of the Talent national academy and talent players during the Inter-Provincial Pathway across Ireland’s Youth pathway. Series, in line with domestic International squads. The outcome High Performance Centre: The competition testing that is undertaken was the approval of a new full-time Cricket Ireland High Performance in all ICC Full Member nations, and Talent Pathway Manager and Coach Centre was officially opened in plans are well progressed to run to oversee the entire pathway and August at the Sport Ireland National training for all players in advance of the improve systems and structures Sports Campus. The artificial areas season. around these and ensure succession were fully operational and in use planning for our future senior throughout the latter part of the In terms of training, it is now common teams. 2018 summer and early autumn. practice for ICC’s anti-doping personnel Hanley Energy Inter-Provincial The grass outfield will be used in the to present to the men’s, women’s and Series: Following a review of the summer of 2019, however, the 16 U19 squads competing in ICC events. seaon, the Committee and Inter-Pro grass nets will not be operational Anti-doping information cards were Working Group agreed to expand until April 2020. also distributed to the above squads the T20 competition and include Coaching resources: Post- during 2018 and in early 2019. two festivals – one north and one retirement, was appointed south. The 50-over Cup has also and Leadership Coach for Online reporting of the Ireland men’s been expanded with an increased 6-months and added to the team’s day to day itineraries is ongoing round to take place pre-season in coaching team. This role will be via the WADA/ICC ‘Whereabouts La Manga, Spain. Player Eligibility revised in 2019 more focused on the Database’, as used by the major Test was reviewed and a new loan pathway. nations. SI has access to the database agreement brought in for 2019, : The Committee so that they can use the information to which can be exercised at any stage considered the cricket and plan visits to grounds in Ireland for their of the season. Emerging player performance aspects of the new own testing purposes. contracts (Inter-Pro contracts) were Euro T20 Slam throughout the year brought in in 2018 for the first time, and were fully supportive of its which allowed 7 players to work on emergence as a means of Richard Holdsworth their game and be available to train improving our T20 players Performance Director on a more regular basis. development in this format of the Toyota Super 3s: The women’s game. domestic competition continued to add valuable playing time for national team players and players ANTI-DOPING UPDATE coming through the pathway. It is hoped to increase this to four teams In line with best-practice governance, in time and the Committee will be CI has an anti-doping code for our looking closely at the new Girls and players which is endorsed by Sport Women’s Cricket Strategy when it is Ireland and the ICC. Under SI completed. guidelines CI is required to provide an Medical support services: Mark anti-doping update annually, outlining Rausa was appointed as the first the number of tests our players full-time Head of Physiotherapy and underwent, and the number of our Medical Services; Rob Burge was players provided with anti-doping appointed Strength & Conditioning education. As follows:

9 CRICKET IRELAND ANNUAL REPORT 2018 PARTICIPATION REPORT

The year 2018 saw a number of important advancements in the structure and development of provincial and club development at the community level.

Highlights included: why the safeguarding of children in our Cricket Ireland would like to sport is of paramount importance. acknowledge tournament sponsors PROVINCIAL UNION Hanley Energy, host Unions, the clubs DEVELOPMENT In 2018 Cricket Ireland saw the who hosted games and match officials introduction of a dedicated for their support and making both Support to Provincial Unions continued Safeguarding Officer to drive and tournaments a wonderful experience to increase in 2018 with further implement best practice safeguarding for players. investment made to support the standards in cricket nationally while appointment of Cricket Operations support Provincial Unions and Clubs in Officers within North West Cricket this space. The year also saw the COACH DEVELOPMENT Union, Northern Cricket Union and development and introduction of a Cricket Leinster. This coupled with ‘Club Guide: Safeguarding Information The last 12 months have seen a number Provincial Unions taking on the pack’, this is a collection of policies of significant developments in the operational functions of Cricket and a guidance tool to support clubs. coach development area. The first Development sees Provincial Unions Its prime objective is to help Cricket Ireland Coach Education and increase their ability to deliver on their volunteers and staff fully understand Development Strategy was launched in own strategic purpose, support their duties and obligations in relation October 2018. national objectives and form a growing to the safeguarding of children playing support structure for clubs, and assist cricket, and ensure clubs and The strategy clearly sets out what with growing the game regionally. organisation are meeting that Cricket Ireland believes about coach statutory obligations in line with development and how coaches can legislation and best practice within continue to learn and become more SCHOOL PROGRAMMES their jurisdictions. effective. The strategy also contains the new coach education and development A key part of the national and regional framework, including the two new development programme activity is INTRODUCTION OF YOUTH courses being introduced in 2019 - school engagement and these school INTER-PROVINCIAL Coaching Kids 5-11 Years, and Coaching programmes are a primary avenue to TOURNAMENT WEEKS Cricket, respectively. introducing children who otherwise would have no opportunity to try the 2018 saw the introduction of the Youth These courses have been developed in sport. Cricket can actively support Inter-Provincials in a week-long consultation with the Irish cricket promoting a healthy lifestyle and tournament where teams play both 50 community and will provide a great lifelong participation and love of our over and T20 formats. Both weeks coaching foundation for new and sport through the schooling system. were very successful with over 120 emerging coaches. In addition, another players involved across the ECB Level 2 course has been delivered, School Engagement – tournaments. this time with a new application 276 schools visited process and a centralised delivery 2,411 school sessions delivered The tournament weeks are to give approach, supported by a home union 21,200 children seen (11,497 boys, players the opportunity to excel and workshop. The work above now allows 9,703 girls) develop their skills in a safe and a greater focus on two important parts nurturing environment. The of any coach education and tournament’s purpose is for the development system, a coach A FOCUS ON SAFEGUARDING development of players, where winning developer (tutor) training programme, in not the central focus. and a continuing development Cricket Ireland is committed to creating workshop programme. a safe and enjoyable environment for all Cricket Leinster Under-15 team won the to experience and play cricket. At the Under-15 tournament week outright, Elaine Nolan very centre of this philosophy is and the Northern Cricket Union Under- CI Participation Director ensuring that we all put the children 17 took out the Under-17 tournament involved in our sport first and that is on Net Run Rate.

CRICKET IRELAND ANNUAL REPORT 2018 10 COMMERCIAL REPORT

2018 proved to be a strong year for Cricket Ireland commercially. Longer-term deals were agreed with international team sponsors, notably Turkish Airlines and Hanley Energy, which will now see both sponsors remain in place until at least 2021. This is a big boost for Irish cricket and a strong endorsement in the direction Cricket Ireland are going, thanks to both sponsors for their deep support.

Cleary Treasury also increased their the continuation of their scholarship India arrived in Dublin in June and investment in Irish Cricket and programme which is helping our most played in front of a combined 20,000 extended their sponsorship to talented players gain vital experience fans across two days. Cricket Ireland grassroots taking over our two flagship abroad playing with other international was able to benefit from the India club tournaments, the Irish Senior Cup players in different climates and on fixtures commercially through large and National Cup. In addition to these varied surfaces. crowds, higher broadcasts deals for important partnerships, in 2018, the these fixtures and an unprecedented Sunday Independent became the title Toyota again supported our domestic ground rights deal with Indian based sponsor of the T20 All Ireland Final and Super 3’s tournament and we look sports agency, ITW. Cricket Ireland Cricket Ireland also welcomed Test forward to Toyota’s great support formed a highly successful partnership Triangle into the CI family as Official IT continuing in 2019. with the Dept. of Foreign Affairs, Services partner, and the new title Tourism Ireland and the IDA to use the sponsor of the Inter-Provincial Series. Irish cricket platform to promote We wish Praveen Madire and all in Test SUPPORTING investment and tourism in Ireland Triangle our good wishes as their INTERNATIONAL FIXTURES across the India T20 series. business continues to grow in Ireland and we look forward to working closely Ireland’s historic first men’s Test match In August, Cricket Ireland hosted with Praveen and his team for the next was played in May and disappointingly, Afghanistan in Northern Ireland in both number of years and beyond. the weather was the victor on Day One. Bready and Stormont. While there were mixed attendances at these matches, Days two and three were well attended we are looking to build on this series GROWING WOMEN’S AND with a drop-off in numbers on days for 2019 with the arrival of Zimbabwe DOMESTIC CRICKET four and five. The first ball bowled by and working closely with host unions to Tim Murtagh brought a tear to many an grow attendee numbers. Hanley Energy deepened their support eye and attendees across the four days for women’s cricket further in 2018, included members of the cricket Dennis Cousins when they extended their primary community, new cricket fans, important Commercial Director sponsorship of the Ireland Women’s Government stakeholders, President senior team up until 2021. Higgins and the frontman from of one of the biggest rock bands in the world Devenish Nutrition continued to who had just “rolled” into town for a support women’s cricket in 2018 with show in Croke Park.

11 CRICKET IRELAND ANNUAL REPORT 2018 CRICKET IRELAND ANNUAL REPORT 2018 12 FINANCE REPORT

In 2018, Cricket Ireland had its first full year after elevation to Full Member status. This has had a very positive impact on our top line, and we have seen growth in all major revenue streams as a result. However, the costs to fulfil our obligations as a Test nation have grown significantly and we had competing demands for investment across the organisation, which were a challenge to meet during the year.

We have seen our revenues grow by players to achieving test status and also surplus in 2019 to ensure that our approximately 50% from 2017 to 2018, the sheer increase in the number of reserves start to build again, and the with major increases in ICC funding fixtures being played. reserves return to levels appropriate to (+¤1.23m), Sponsorship (+¤908k), the size of our growing organisation. Broadcast Income (+¤667k) and Match A challenge we managed during the income (+¤353k). These increases year, was ensuring we had enough Related party transaction; during the came through a combination of new operating capital to ensure we financial year the company obtained a deals, our full member status, a continued to meet our obligations. To short-term loan of ¤100,000 from its lucrative match against India and the help manage this, we put in place Chief Executive. The loan was fully Test matches against Pakistan. temporary overdraft facilities with our repaid during the year and the balance banks to cover the cash deficit and outstanding at the year-end was nil. Commeasuring with this revenue whilst we finished the year in a negative increase, our costs during the year cash position, the management are I would like to welcome Andrew May increased significantly due to a planning to deliver a surplus in 2019 to on board as our new CFO who joined in combination of hosting our rectify this situation. 2019 and thank him along with the international home matches (+¤1.6m) entire finance team and the Finance and further investment in players’ The year ended up with a deficit of Committee for all the hard work and salaries /benefits (+¤511k). Our admin ¤203,347 resulting in a final reserve dedication over the course of the year. structure was also invested in to figure of ¤13,470. This result reflected support the growing organisation and the demands of being a Test nation and Bill Cunningham additional demands, which the board key investment in core activities and Chair, Finance Committee saw as essential to both recognise the infrastructure of the organisation. The central contribution made by the Board and management are planning a

13 CRICKET IRELAND ANNUAL REPORT 2018 CRICKET IRELAND ANNUAL REPORT 2018 14 STATEMENT OF INCOME AND RETAINED EARNINGS For the financial year ended 31 December 2018

2018 2017

¤ ¤

Income 9,708,177 6,506,875

Direct expenses (6,262,511) (3,878,930) ...... Gross surplus 3,445,666 2,627,945

Administrative expenses (3,649,013) (2,686,492) ...... Net deficit before tax (203,347) (58,547)

Tax on deficit -- ...... Deficit for the financial year (203,347) (58,547) ...... Retained earnings at the beginning of the financial year 216,817 275,364

Deficit for the financial year (203,347) (58,547) ...... Retained earnings at the end of the financial year 13,470 216,817 ......

There were no recognised gains and losses for 2018 or 2017 other than those included in the statement of income and retained earnings.

15 CRICKET IRELAND ANNUAL REPORT 2018 BALANCE SHEET As at 31 December 2018

2018 2017

¤ ¤

Fixed assets

Tangible assets 986,559 278,818 ...... 986,559 278,818

Current assets

Debtors: amounts falling due after more than one year 1,164,483

Debtors: amounts falling due within one year 870,585 615,718

Cash at bank and in hand 4,862 640,871 ...... 2,039,930 1,256,589

Creditors: amounts falling due within one year (1,924,487) (661,835) ...... Net current assets 115,443 594,754 ...... Total assets less current liabilities 1,102,002 873,572

Creditors: amounts falling due after more than one year (1,079,782) (614,255) ...... Provisions for liabilities

Government capital grants (8,750) (42,500) ...... (8,750) (42,500) ...... Net assets 13,470 216,817 ...... Reserves

Accumulated surplus 13,470 216,817 ...... Total reserves 13,470 216,817 ......

CRICKET IRELAND ANNUAL REPORT 2018 16 17 CRICKET IRELAND ANNUAL REPORT 2018 CRICKET IRELAND ANNUAL REPORT 2018 18 Unit 22 Grattan Business Park, Clonshaugh, Dublin 17, Ireland phone: + 353 1 8947914 email: [email protected] website: www.cricketireland.ie