Chairman Malcolm Pratt gave an upbeat report to members at the annual general meeting, claiming the Club was well placed both on and off the field.
He congratulated captain Shaun Smith on leading the side to second place in the Durham Cricket League and to promotion to Division One of the North East Premier League.
"When we lost to Bill Quay and could only draw with Whiteleas and with only five matches remaining, most members thought it was all over but Shaun was adamant we were still in with a chance and by winning the last five matches, we were able to celebrate," said Malcolm.
The second team emulated the first XI by also finishing runners-up which was a commendable achievement since the Club placed more importance on giving youngsters a chance, rather than winning games.
"Skipper Stephen Robinson shared the Management Committee's vision and as a result young players were able to make progress. We have some very good youngsters coming through," added Malcolm.
The club fielded four juniors sides, ranging in age from under 11s to under 18s and here again, several showed potential.
In addition, All Stars was again a great success with 58 boys and girls, from five to eight years old, signed up for the six week programme.
Much work was carried out on the square and outfield during the season and since the last game even more improvements have been made.
Off the field, the Chairman referred to the continued improvements to the facilities, sighting the upgrading of the pavilion and the relaying of the car park.
He reported that the club was entirely debt free and had a healthy bank balance, but warned that it was crucial to maintain good financial management.