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Showing posts from February, 2018

Warwickshire County Cricket Club Accounts

The Warwickshire website includes the club's accounts for the period to  30 September 2017 This post looks at the accounts and comments on Warwickshire's financial position.  I've also taken the opportunity to go into a bit more detail on how I prepared the  Bentley - Forbes Consulting Rankings If you don't want to get into all the detail, I'm giving Warwickshire a 4/10 mark for its financial position.  Here's why: You can judge an organisation's financial position in two ways: A profit and loss account - How much money has the organisation made (or lost) in the last year. A balance sheet - what is the cash and money due less the money owing at the end of the year. Taking each in turn: Profit and loss Warwickshire made a loss in the year to 30 September 2017 of £929,000.  This compares to a loss of £2,298,000 in 2016 and a profit! in 2015 of £59,000.  So on  average Warwickshire loses £1 million or so a year.  In 2016 Warwi