During its first year as an integrated body, Sussex County Cricket Club made an operating profit of £1,000 (€1,160/$1,222) in 2016.
It combined professional, recreational and community cricket under one umbrella for the first time, following a 2015 operating loss of £139,000 for the same period.
Since the 2011 redevelopment of the County Ground in Hove, net revenues for catering events and rental income had increased around £500,000 a year. Sussex eventually recorded a deficit after tax of £488,000.
The club finished last season in fourth place in Championship Division Two and failed to progress beyond the group stage in the T20 Blast and One-Day Cup.
Sussex chairman Jim May said balancing the finances remained a “constant challenge but these were satisfactory figures for the new organisation.”
While there has been a decline in match income with a combined turnover of £6.5m, the club said commercial income was strong.
Sussex’s report noted that the balance sheet was in good standing with total equity of £10.3m and no external debt.
“I believe that Sussex is in good shape for the current season,” added May.
“We have made quality signings in the close season to complement our squad and we have an exciting group of youngsters coming through.”
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