The news will be a massive lift for the Giants after they were disappointingly missed out on promotion after losing to Brixton at the semi-final hurdle.
The announcement came at the end of a sell out awards night for the club as they celebrated both the junior and senior successes throughout the season.
Club spokesperson Ian Richards told Chad it was a fantastic reward for the hard work of everyone at the club.
"This is testament to the players efforts on court and coaches preparation off court," he said.
"Seldom did they get it wrong, this was imperative as individuals players weren't as talented as some in other teams that we met last season, however as a team they were one unit and worked for each other and took on the responsibilities they were given by the coaches.
"This was Dan Richards's first head coaching position and he had excellent support from Steve Baxter and Matt Shaw.
"This turned out to be a great combination as they steered the Giants to Second place in the league and promotion to Division Two.
"Again, all this could not have been achieved with out the support of the volunteers that administered the club and personnel that worked to put on home game events on."
Following their promotion the Giants are now seeking out more funding support to help with the growing demands of the step up the league ladder.
The Giants will now clock up thousands of miles as they travel to the likes of Plymouth, Tyneside, Colchester, Kent and London.
Said Ian Richards: "If we want to compete in this Division the club must attract more financial support from businesses in the area and this team now gives potential businesses great advertising opportunities both locally and nationally.
Anyone wishing to know more about the club and its advertising and sponsorship opportunities should contact Ian Richards on 01623 650770.