ANNUAL REPORT 2018/2019 2018 /2019 BOARD OF DIRECTORS
CONTENTS
4-5 Board of Directors, Management, Committees & Member Overview
6-7 Commodore’s Report
8-9 Treasurer’s Report PAUL BILLINGHAM NOEL CORNISH AM JANEY TRELEAVEN Commodore Vice Commodore Rear Commodore 10-13 Sailing Committee Report
14-15 Member Engagement Committee Report
16-17 Premises Committee Report
18 Audit Planning & Risk Committee Report
19 CYCA SOLAS Report
20-22 Directors’ Report
23 Auditors’ Independence Declaration DR. SAM HAYNES ARTHUR LANE LEANDER KLOHS Rear Commodore Treasurer Director 24 Statement of Comprehensive Income
25 2018/2019 Balance Sheet
26 Statement of Cash Flow
27 Notes to the Financial Statements
42 Directors’ Declaration
43 Independent Auditors Report
44 Supplementary Information Relating to Financial Performance
DAVID JACOBS JUSTIN ATKINSON BRADSHAW KELLETT 45 2018/2019 Member List Director Director Director 54 2018/2019 Yacht Register Photo credits: Cover Image: Allen Jack + Cottier Contributing Photographers: Rolex/Studio Borlenghi, Andrea Francolini, Hamish Hardy
2 CRUISING YACHT CLUB OF AUSTRALIA ANNUAL REPORT YEAR END MARCH 31 2019 CRUISING YACHT CLUB OF AUSTRALIA ANNUAL REPORT YEAR END MARCH 31 2019 3 PAST COMMODORES MEMBERSHIP
Name Year Served 31/03/19 31/03/18 Member 1363 A.C. Walker 1944 -1946 1391 15 Year Member 42 41 P.M. Luke 1947 -1948 30 Year Member 196 177 M.E. Davey 1949 - 1951 50 Year Member 46 48
S. Berg 1952 -1953 Regional 186 153 A.B. Wilson 1954 -1956 15 Year Regional 3 4 30 Year Regional 4 3 M.E. Davey 1957 -1958 Country 83 92 D.M. Brown 1959 -1960 30 Year Country 40 41 R.C. Hobson 1961-1962 Overseas 144 152
B.C. Psaltis 1963 - 1964 15 Year Overseas 1 1 R.A. Cottee 1965 -1966 30 Year Overseas 11 8 Associate 473 428 N.B. Rydge AM 1967 -1968 15 Year Associate 5 3 R. Crichton-Brown 1969 -1970 BOARD OF DIRECTORS, 30 Year Associate 16 13 / B.C. Psaltis 1971 2018 2019 MANAGEMENT & COMMITTEES 50 Year Associate 3 3 J.J. Bleakley 1972 Life 11 12 J.N. Bridgland 1973 Honorary 25 9 Past Commodore 11 6 BOARD OF DIRECTORS MANAGEMENT J.P. Diamond 1974 -1975 Crew (18-29) 53 61 G.N. Evans 1976 Commodore P. Billingham Chief Executive Officer K. Grega/E. Moore YSA Junior 46 51 J.P. Diamond 1977 Vice Commodore N. Cornish AM Operations Manager M. Neumann YSA Crew 82 40
Rear Commodores J. Treleaven & Dr. S. Haynes Finance Manager A. Milln/R. Holstein A. Pearson 1978 -1979 Junior 0 2 Treasurer A. Lane House Events Manager M. Gibson K.C. Roxburgh 1980 - 1981 Family Junior 55 64 Directors L. Klohs, J. Atkinson, Sports Marketing & Sponsorship Manager N. Janzen Sailing Associate 5 7 G.S. Girdis 1982 -1983 D. Jacobs & B. Kellett Sailing Manager J. Kirkjian 15 Year Sailing Associate 1 1 J.L. Brooks 1984 -1985 30 Year Sailing Associate 6 4 A.E. Cooley 1986 -1987 Sponsor 24 STANDING COMMITTEES SUB-COMMITTEES D.B. Kellett AM 1988 -1989 TOTAL 2,963 2,787 Sailing Committee – Incorporates Training & Development and Cruising. Archives Sub-Committee L. McClean 1990 -1991 Rear Commodore Dr. S. Haynes (Chair), Director B. Kellett (Deputy Director B. Kellet, J. Allen, T. Cable, L. Klohs, D. Champtaloup, LIFE MEMBERS L. P. Minehan 1992 -1993 Chair), A. Brown, A. Kear, A. Psaltis, D. Jordan, L. Goodridge, M. van P. Shipway, D. Colfelt Kretschmar, S. Rahilly, D. Burt. D.C. Fuller 1994 -1995 J.F. Keelty 1998 Training & Development Sub-Committee P.H. Bush 1999 Member Engagement Committee – Incorporates Associates, Rear Commodore Dr. S. Haynes (Chair), Director L. Klohs, A. P.H. Bush 1996 -1997 Member Value and Archives. B.C. Psaltis 1999 Kear, D. McCracken, T. Barker, S. Jarvin H. van Kretschmar 1998 - 1999 Rear Commodore J. Treleaven (Chair), Director L. Klohs and A.L. Cable 2005 Cruising Sub-Committee Director J. Atkinson (Deputy Chairs), Director B. Kellett, M. Keelty H. Sommer 2000 - 2001 D.A. Van Ewijk 2007 (Associates President), D. Wallace, K. Mendes, K. Sleeth, M. Burns, J. Keelty (Captain), Director B. Kellett, F. Walker, S. Walsh, D. J. Messenger 2002 - 2003 D.B. Kellett AM 2011 J. Sapir, C. Gundy, J. Anson. Doyle, S. Prince, S. Williamson, A. Greene, D. Henry G. Lewis-Bearman 2013 Premises Committee M.R. James 2004 Member Value Sub-Committee J. Kirkjian 2014 Treasurer A. Lane (Chair), Commodore P. Billingham (Deputy Director L. Klohs (Chair), P. Messenger, Y. Henderson, J. Wilby, G.R. Lavis 2005 - 2006 J.W. Winning AM 2015 Chair), Director B. Kellett, Director D. Jacobs, K. Roxburgh, K. Mendes, D. Wallace A. Wenham, P. Shipway, K. Wallis, A. Barnes. M.C Allen 2007 - 2010 A. Green 2017 Sustainability Working Group Audit, Planning & Risk Committee G. Linacre 2011- 2012 K. Kellett 2017 Director J. Atkinson (Chair), V. Whitby, A. Devlin, M. Burnes, J. Vice Commodore N. Cornish AM (Chair), Director D. Jacobs Owens H. Piggott 2013 - 2014 (Deputy Chair), Treasurer A. Lane, Rear Commodore J. Treleaven, T. Barker, P. Gothard, A. Wilmot, S. York. J. Cameron 2015 – 2016 Special Events Committee – Incorporates Rolex Sydney Hobart ASSOCIATES COMMITTEE J. Markos 2017 - 2018 Yacht Race. M. Keelty (President), J. Anson (Vice-President), C. Mulherin Commodore P. Billingham (Chair), Vice Commodore N. Cornish AM (Treasurer), I. Soemardi (Secretary), A. Lulham, B. Daw, F. (Deputy Chair), Rear Commodore J. Treleaven, Director L. Klohs, Davies, F. Marr, J. Bartrum, J. Dahl, K. Kellett, K. Brooks, P. Director J. Atkinson, M. James, C. Grant, K. Kellett, K. Bennett, J. OBITUARY Owens, P. Shipway. Emerson, P. Messenger, P. Christie. Members who have sailed their last voyage:
Warren Anderson, Leslie Cosgrove, Robin Crawford AM, Hamish Grieve, Dr Jim Holley, Guy Keon, Ian Kiernan AO, Alan Mather, 4 CRUISING YACHT CLUB OF AUSTRALIA ANNUAL REPORT YEAR END MARCH 31 2019 Desmond Morisset, Andrew Hamish Petrie, Bruce Rowley,CRUISING Bart YACHT Ryan, CLUB David OF AUSTRALIA Steel, Fred ANNUAL Thomas, REPORT Vincent YEAR Walsh, END MARCHJeannette 31 2019 York OAM5 I am proud of the work that has been done here to increase the value of CYCA 2018 / 2019 Membership and it will remain a focus for the coming 12 months COMMODORE’S REPORT
A year in review Getting closer to our Members The next 12 months
This past 12 months at the CYCA has seen great change as we I remember saying to Members at the July 2018 AGM that There are two other areas that I consider are a priority for completed the major refurbishment of our premises in time for the I wanted them to feel a sense of pride, ownership and the year 2019/20 and on which, subject to the agreement of commencement of our 75th-year celebrations. We also witnessed belonging to the Club and so it was perhaps no surprise the Board and Members support, I would like to concentrate. another amazing year on the water crowning many new champions in to see the Board agree to prioritise Member focus and Firstly, the 75th year of this Club and the 75th Rolex our various fleets, celebrating Wendy Tuck and Matt Allen’s joint award Communications this year. Sydney Hobart brings into focus the need to, once and for as Ocean Racers of the Year; Wild Oats XI’s ninth line-honours title As a Board, we have spent more time listening to Members’ all, properly and comprehensively record our history for in the Rolex Sydney Hobart Yacht Race and the first Tasmanian boat needs and feedback - through surveys, greater Director future generations. Over the years many Members have since 1979 to win the race in the Reichel Pugh 66 Alive. visibility, Town Hall meetings and the sub committees. In made incredible efforts to do exactly that and with great In the community our Club continued its great work in supporting addition we have greatly improved our communications – results. I make particular mention here of people such as local groups, young sailors and perhaps most significantly, that Offshore was brought in-house and, 100 per cent focused on Past Commodore Martin James in driving the yacht tracker wonderful day in October when we hosted the Invictus Games – a CYCA, is a really good read; Onshore is brighter, fresher and innovation on the Rolex Sydney Hobart website; and of day that will live long in the memories of those who competed from full of Club news every Monday; the monthly Sked comes out Peter Shipway and David Champtaloup whose wonderful around the world. after each Board meeting and lets Members know what is video archive project has been reactivated this year to such going on behind the scenes; and the website and our social great acclaim. So as I reflect on the year that has been and look forward to the one media channels have far more information, news, stories and that is to come, there are many highlights! But the Club cannot solely rely on the voluntary work of these features than ever before. and the other Members forever and so will be devoting the A new Board, a new structure and a new CEO Finally, on Australia Day, the Board were excited to release a proper resources and funding to begin the work of ensuring With the arrival of three new Board members in Bradshaw Kellett, new package of Member benefits the like of which the Club our past is not lost to the future. Justin Atkinson and David Jacobs, the Board took the opportunity to has never been able to offer before. Secondly, the Constitution of the Club is overly complex simplify the way it operates. Five standing committees were formed So I am proud of the work that has been done here to and out of date. I aim to work with a group of Members and – Sailing, Special Events, Member Engagement, Premises and Audit, increase the value of CYCA Membership and it will remain a Directors to simplify the Constitution to reflect our future Planning & Risk and the various pre-existing sub committees given a focus for the coming 12 months. needs and bring that to Members for their consideration stronger line of support for their work. in early 2020. This will not alter the maximum terms of Sailing at the heart Flag Officers but will look at other areas such as Board We also changed the way we ran our Board meetings – spending half of composition, Membership categories, By-laws etc. COMMODORE each meeting considering the future of the Club in one of four priority Where this Club really shines of course is on the water areas – Member Focus, Communications, Sail Training & Development and the Sailing Committee report details the incredible These two areas are, I know, of significant interest to Members. achievements this year of our Club and its Members. PAUL and Blue Water Sailing. This made our meetings far richer and engaging Celebrating 75 years and meant we were then able, through the newly introduced “Sked”, to As a Board, we have spent time considering our place in In closing, much has been achieved this year and I want to share what we were thinking with Members on a monthly basis. world sailing and how we can improve our standing; growing BILLINGHAM thank the Board for the incredibly constructive way they have our incredibly successful Youth Sailing Academy; building During the year we also farewelled CEO Karen Grega who gone about their roles – each Director either chairs a Standing fresh training options to introduce new Members to our contributed so much to the Clubhouse work and the reimagining Committee or leads one of the four priority areas - and each sport; and broadening the range of races that we offer. of the Rolex Sydney Hobart. After a thorough search, Eddie Moore has delivered what has been asked of them and more. joined us and has made a great start to what has to be the best job We have also looked to improve collaboration amongst the The same has to be said of our team here at the CYCA – in Australian sailing! major Sydney clubs and see the growth and health of our it has not been an easy year and I thank them all for their sport as a challenge for all of us, best met together. The Clubhouse is reborn dedication and commitment. When I joined the Board in 2006, there was already plenty of talk This will also continue to be a Board focus this coming year. Finally, I thank the Members for being so supportive. It is a about refurbishing the Clubhouse – and so after years of planning, great privilege to be elected to be a Director of this Club and consultation and building our financial reserves, it was amazing to see as Directors, while we know that we don’t always get it right our beautiful home emerge in October to universal acclaim. (!), our commitment is unquestionable, and we are proud to serve our Members and the sport of sailing. The contributions of so many Directors and Members over the years were recognised at the official opening and it was wonderful to see As we move through this 75th year, let us reflect on the our longest-serving male and female Members, Michael York OAM and proud history of CYCA, the achievements of its Members, its Joyce Warn, so delighted to be cutting the ribbon. bright future and celebrate together!
I must however single out our builder Belmadar for the amazing work they did to deliver both the Clubhouse and John Messenger buildings on time and under budget – we are truly grateful.
Looking forward, the Board hopes to be in a position to complete the
car park resurfacing and New Beach Road boundary works over winter Overall winner Phillip Turner and the Alive team after the 2018 Rolex Sydney Hobart Commodore 2019 – finances permitting! Yacht Race The newly refurbished Clubhouse reception. 6 CRUISING YACHT CLUB OF AUSTRALIA ANNUAL REPORT YEAR END MARCH 31 2019 7 Treasurer Arthur Lane / TREASURER’S 2018 2019 REPORT
Overview Profitability
The financial year ending 31st March 2019 saw the Club could be covered and working capital needs were met. At Revenue increased year-on-year delivering a strong result: $800k overdraft facility to cover working capital needs; a complete the refurbishment of its Clubhouse, negotiate and the end of the year, while there were undrawn facilities in five-year term loan for $2.2million and a lease finance facility. • Revenue from bar and food operations was surprisingly execute a new lease of its premises and of course operate excess of $800k, the Balance Sheet of course looks very robust after the Clubhouse reopened, with income at The taking-on of debt and expenditure of the Club’s cash for a large part of the year from the temporary Clubhouse different from previous years - with the cash reserves materially higher than budgeted levels. reserves on the refurbishment has changed the look of the on the hardstand. expended on the Clubhouse; the new debt taken on; and a Balance Sheet materially. The current ratio has moved from corresponding increase in the Club’s fixed assets with $8.55 • Marina income was 2% higher year-on-year despite a 1.26 to 0.30 and will remain below 1 for the foreseeable This meant the Club lost significant revenue streams through million expended on the Clubhouse and associated works. 5% fee rise in October 2018. This was due to a change its inability to hold functions, hire out meeting rooms and of future. The Board has considered this and developed a 12 - The Board’s focus for next year therefore is to complete the implemented in the prior period in permanent/casual course only deliver a reduced food and bar offering while also month rolling forecast model to assess future cash flow. This ancillary works in the car park and Marina A arm; improve berthing mix from 75% to 80%. incurring significant costs in operating from the hardstand. shows a comfortable go-forward position with the strong trading; and begin to pay down debt in an orderly fashion. The Board carefully planned for this year of disruption • Membership subscription revenue was up 2% due to the likelihood of all debt incurred being repaid within the next The Board is determined to do this at minimum direct cost fee increase. however and conservatively forecast for an improved ramp four years. to Members - the Member benefits program introduced in up in trading once the works were complete. A loss of around • Interest revenue was down due to funds coming off term January 2019 will continue; Membership fee increases have Outlook for next year $1 million was budgeted and indeed this is how the result deposit for use in funding the Club refurbishment. been kept to inflation level only; and the Board has given ended with an audited loss for the year of $1.02 million. 2019/2020 will see an uninterrupted full financial year for the Members certainty by setting a 5% annual increase in Marina • Rental income was also down due to ending tenancies first time in several years, nevertheless, a prudent budget during the redevelopment. Prior to commencing the Clubhouse work, the Club secured fees for each of the next three years – ensuring CYCA’s has been set which factors in: some $3.5 million of debt facilities to ensure the costs Marina remains by far the cheapest on Sydney Harbour. • Sponsorships remained solid and are an important driver • Member numbers remaining stable at around 3,000, of Club revenue. Financial Summary factoring in expected membership attrition; During the year, the Club executed a new land (dry) lease • Leveraging our investment in the new Clubhouse For Members’ ease of reference and comparison, I have summarised certain key financial information as to the Club’s with NSW Department of Industry which runs until 30 June facilities through refreshed bar offerings and Membership performance and position over the past three years: 2049 - concurrent with the wet lease executed the previous promotions; year. In light of these lease contracts, market escalation and FY 2019 FY 2018 FY 2017 discount rates, our Management Team undertook a process • C ontinued commitment from all major sponsors; Income statement to assess the present value of the make good provisions. This resulted in a determination of a new present value of • A renewed commitment to maintenance of assets with Operating revenue 8,952,434 8,521,283 8,518,432 both dry and wet lease liabilities, whereby the dry lease increases allocated to repairs and maintenance of the Cost of sales (967,147) (899,673) (886,968) make good provision was increased by $940k. marina and vessels;
Other income 10,223 348,823 184,982 Total operating expenses increased 14% year-on-year with • Investment in our people and corporate governance whilst the primary driver being an increase in property expenses controlling administration costs; and Operating expenses (7,788,738) (6,807,013) (6,612,243) as a result of the new lease agreements for both the wet and • Continued support for the Youth Sailing Academy and EBITDA 206,772 1,163,420 1,204,203 dry leases and the costs of operating from the hardstand. CYCA SOLAS Trusts. There was also a $250k increase in broadcasting-related Depreciation and amortisation expense (1,044,995) (1,111,910) (1,011,282) costs for Rolex Sydney Hobart Yacht Race; an increase The Board-approved budget for 2020 projects an increase EBIT (838,223) 51,510 192,921 in employee expenses as the Club invested in improved in EBITDA to $765k however a net loss of $554k. Strong Interest (180,650) (125,097) (122,440) communication and Member relations capabilities; and an cash flow will however allow the Club to spend circa $575k increase in consultancy fees for the completion of the new on completing the car park and reconfiguring the end of (Loss)/profit for the year (1,018,873) (73,587) 70,481 Clubhouse facilities. Marina A- arm and also reduce debt by some $500k.
Capital Expenditure The Board and Management remain focused on materially Balance sheet During the year we invested a total of $8.55 million in capital beating this budget. Current assets 1,135,593 4,742,940 7,194,451 expenditure, which included additions of $7.6 million for the Summary Non-current assets 18,125,650 10,617,495 7,987,065 new Clubhouse facilities. This year has been a complex one – building works, new Current liabilities 3,866,346 3,769,923 1,703,928 More information on the refurbishment can be found in the leases, changes to accounting treatments, the taking-on of Premises Committee Report. debt and interrupted trading have all contributed. Non-current liabilities 8,358,378 3,535,120 5,348,609 Liquidity Members’ funds 7,036,519 8,055,392 8,128,979 I wish to thank Management and the Finance team for The Club secured facilities as set out in Note 18 of the working so well to deliver a good result and clean audit accounts, mainly from St George Bank. These included an process – it should only get easier from here! Number of Members 2,963 2,787 2,861
8 CRUISING YACHT CLUB OF AUSTRALIA ANNUAL REPORT YEAR END MARCH 31 2019 CRUISING YACHT CLUB OF AUSTRALIA ANNUAL REPORT YEAR END MARCH 31 2019 9 Rear Commodore / SAILING COMMITTEE 2018 2019 REPORT Dr. Sam Haynes
The 2018-19 sailing season has been an outstanding success. The Tasman Performance Series (the PHS Pointscore of the Blue Members and guests alike have enjoyed the Club’s extensive Water Series), was won by Celestial with Enterprise following in sailing program, including the Audi Centre Sydney Blue Water second and Ichi Ban in third. Celestial won PHS Divison 1 followed Pointscore, the Mount Gay Ocean Pointscore, the Short Haul by Ichi Ban and Koa (Andy Kearnan and Peter Wrigley). PHS Pointscore, the Short Ocean Pointscore, the Monday Twilight Division 2 was won by Enterprise followed by Grace O’Malley and Series, the Club Marine Wednesday Twilight Series, Audi Kayimai (Rob Aldis). Centre Sydney Winter Series and the Spring Series. The Line Honours Pointscore of the Audi Centre Sydney Blue Thank you to our sponsors - the support from Rolex SA, Audi Water Pointscore was convincingly won by Comanche (setting Centre Sydney, PONANT, Noakes Group, Mount Gay and an incredible three race records in the process) followed by Ichi Club Marine allows us to conduct one of Australia’s finest Ban in second and Celestial in third. sailing programs. The dedicated Sailing Office team of Tara Blanc-Ramos, Stephen Craig, Justine Kirkjian, Emma May and India Howard. Bush Paul Group (Ian Short) secured the Mount Gay Ocean I am very grateful to have the support of the members of Pointscore for IRC. About Time (Julian Farren-Price’s Cookson • Our radio relay team, led by David Kellett, John Winning for the Sailing Committee and thank them for their ongoing 50) followed in second and Quest (Bob Steel & Craig Neil) in the use of the boat and Andrew Copley for skippering JBW. commitment and valued input; Director Bradshaw Kellett, third. The ORCi series was won by About Time followed by Quest Members Adam Brown, David Burt, Les Goodridge, David • Our dedicated National Juror John Kirkjian who assists with and Bush Paul Group. About Time also claimed the PHS series Jordan, Angelique Kear, Arthur Psaltis, Sean Rahilly and our juries and protest committees. followed by Quest and Bush Paul Group. Matthew van Kretschmar. The experience and dedication of Close competition in the • Denis Doyle, Robyn Malcolm and Pat Nash who acted as In the Short Ocean Pointscore, Nine Dragons (Bob Cox) won Short Haul Pointscore Series this group makes this Committee a pleasure to Chair. our Mobile Incident Management Support Team stationed IRC Division 1 followed by Khaleesi (Andrew & Pauline Dally) and In support of the Board’s strategic focus on blue water racing in Eden during the Rolex Sydney Hobart Yacht Race. Highfield Caringbah (Mathew Short). PHS Division 1 was won by and the growing interest in blue water sailing in general, the JustaDash (Philip Dash) followed by Nine Dragons and Smuggler • All the members of the Incident Support Management team Club developed a specific event website that allowed us to (Sebastian Bohm). ORCi Div 1 was won by Khaleesi followed by who are on call for Incident Support in all our major yacht track the yachts in all our Audi Centre Sydney Blue Water JustaDash and Highfield Caringbah. races. Pointscore races this year. This was a great initiative that In Division 2, Jack Stening’s Stormaway won the IRC pointscore, allowed family, friends and fans alike to follow the progress Congratulations to Philip Turner who was declared the followed by Saltshaker (Peter Franki) and Supernova (Matt in each race. overall winner of the 74th Rolex Sydney Hobart Yacht Race Hanning). PHS was also won by Stormaway from Amante (Dennis with his Reichel Pugh 66 Alive. Congratulations also to the The handicapping and rating systems continue to be Cooper) and Morag Bheag (John Maclurcan). Oatley Family’s Wild Oats XI, having notched an incredible monitored and support still maintains that IRC is the ninth line-honours victory. The Short Haul Series was convincingly won by Hunky Dory (Cam predominant rating system. The split of winners in our major Wayland) from Cyrene 3 (Michael Selby) and Great White (Bob ocean races verifies that IRC caters for modern and classic The Club is very grateful that CYCA Member Sean Langman Penty) in third. In the IRC pointscore, One More-No More (Ian designs as well as both large and small yachts. and Noakes Group, who have been long-time supporters of Guanaria) placed first followed by Cyrene 3 and Next (Hunt/ CYCA, became a major event sponsor with the 2018 Noakes The Club is very fortunate to have enthusiastic volunteers Short/Bastick). Sydney Gold Coast Yacht Race. The race was well contested who assist with our racing. Thank you to the Race The Club is very with Bruce Taylor in his Caprice 40 Chutzpah claiming a well- Congratulations to all competitors that competed throughout the Management Team; John Allan, Jennifer Birdsall, Gail year in our events. Thank you to CYCA Sailing Manager, Justine deserved overall win. Ichi Ban (Matt Allen) placed second grateful“ that and Dick Bearman, Brian Carrick, Jos Ford, Ross Garlan, Kirkjian and her team in the Sailing Office; Stephen Craig, Tara overall and Highfield Caringbah (Ian Short) in third. Sean Langman Paddy Glover, Maryrose Heffernan, Sarla Holmes, Steve Blanc-Ramos, Emma May and India Howard for their outstanding Kidson, Winona Poon, Lyn Ulbricht and Denis Thompson. Matt Allen ended his highly successful 2018 year in Ichi Ban service and support. and Noakes We have added some new volunteers to our team this year with an overall win of the Audi Centre Sydney Blue Water however we can never have enough. Should anyone wish to Pointscore (the IRC Pointscore of the Blue Water Series). Ichi Group, who be involved, training can be provided. Please contact the Ban also placed first in IRC Division 1, followed by Celestial have been long- Sailing Office if you are interested. and last year’s Blue Water Pointscore winner Patrice (Tony Kirby) in third place. IRC Division 2 was won by Enterprise time supporters We are grateful for the ongoing assistance and support of (Anthony Kirke) who made the trip across the country from Marine Rescue NSW who assist us with the conduct of the of CYCA, Western Australia for each race. Second place in Division 2 pre-race radio checks for the Rolex Sydney Hobart Yacht was Vice Commodore Noel Cornish’s St Jude followed by became a major Race, Noakes Sydney Gold Coast Yacht Race and PONANT Grace O’Malley (Zoe Taylor) in third. Sydney Noumea Yacht Race. Thank you also to the support event sponsor of Kordia who stream all of our race skeds. The Cape Byron Series (the ORCi Pointscore of the Blue Water Series) was also won by Ichi Ban followed by Celestial I would also like to thank the following people; and St Jude. In ORCi Division 1, Ichi Ban was followed by • David Jordan who provides strong and effective Celestial and Gweilo (Matt Donald). In ORCi Division 2, St management of our various major Race Committees. Jude placed first followed by Grace O’Malley and Enterprise. Crews competing in the Audi Centre Sydney Blue Water Pointscore Flinders Islet Race.
10 CRUISING YACHT CLUB OF AUSTRALIA ANNUAL REPORT YEAR END MARCH 31 2019 11 TRAINING & DEVELOPMENT SUB-COMMITTEE Chaired by Administrator Pam Scrivenor, both nominated for Australian Rear Commodore Dr. Sam Haynes Sports Professional of the Year.
The Training & Development Committee is pleased to In such a busy year, the YSA is very grateful for strong present to Members the success and achievements of our support from CYCA Members. Hosting so many major Finn Tapper and his CYCA team Youth Sailing Academy (YSA), which in 2018 celebrated its regattas in the past 12 months, the YSA relies on Members to competing at the Sharp Australian Youth 25th anniversary. In recognition of this wonderful milestone, assist with the billeting of interstate and international teams Match Racing Championship where CYCA won all podium positions Australian Sailing appointed CYCA as the host Club for all on their yachts. This support makes these regattas more of Australia’s match racing national titles. These national affordable for visiting teams, especially the international titles included the Open, Women’s, Youth and Schools entries, and in turn raises the profile of the regatta for Championships. On top of this, CYCA hosted the Invictus competitors and sponsors of the event. Members also assist CRUISING SUB-COMMITTEE Captained by John Keelty Games Sailing competition in October, utilising the YSA with other programs on the YSA calendar such as taking fleet of Elliott 7m yachts. Along with all the regular events Eden Marine High and Freedman Foundation students The Cruising Committee remained quite active throughout the on the YSA calendar, this lined up the team for its busiest sailing during Club Marine Wednesday Twilight series and time of the Clubhouse renovations with great assistance from year in its history. mentoring YSA sailors, taking them onboard their yachts for Royal Sydney Yacht Squadron (RSYS). We wish to thank RSYS fishing boat Ada Hardy to a vessel capable of circumnavigating for inviting Members to attend their presentations as part of the world and his experiences in the first half of the global trip. On-water, the YSA enjoyed continued success, winning harbour and offshore races and including them in crews for the spirit of cruising until the our Clubhouse refurbishment the NSW State Match Racing Championship for a 16th major regattas. In December an information evening was held about then- was finished. consecutive year, claiming all podium places in the Sharp The generous support of the YSA by the CYCA Members forthcoming sixth Sydney 2 Hobart Rendezvous Cruise Australian Youth Match Racing Championship, the first time is envied by many of our fellow clubs throughout Australia During this period visits to both the Sydney Observatory and (S2H2019) that has been held biannually since 2009. This is a yacht club has ever done so, as well as taking regatta and New Zealand and we appreciate all the assistance our the Macquarie Lighthouse were very popular events organised a voyage organised by Cruising Committee member Denis titles internationally at the Governor’s Cup and CentrePort Members give. The YSA is proud to be part of the journey of and are being discussed to be held annually. Doyle, supported by CYCA. Many notable and historic boats Wellington International Youth Match Racing Championship. from different Clubs participated with a get together at the our youth sailors, encouraging them to keep sailing as a life To celebrate the opening of our refurbished Clubhouse the This successful on-water season has also seen Tom Grimes, Shipwrights Arms Hotel in Hobart where a great camaraderie sport, sharing their sailing skills with others and continuing Committee held the annual Spirit of Cruising Christmas dinner James Hodgson, Jess Grimes and Harry Hall selected to was forged between all who attended. as Members of CYCA, supporting the future of the Club and in the Rani Room, which was a great success. represent Australia at the World Sailing Youth Match Racing the sport of sailing. The Committee is organising many more presentations for the World Championship in Russia in August later this year. The Committee’s first presentation in the new Clubhouse coming year from wing sail technology, communication and We would also like to extend our appreciation to our was by the winning Clipper Round the World Race skipper, Rounding off our sailing, all 21 members of the YSA’s Advanced navigation, to emergency situations and helicopter rescues. many supporters, program sponsors Belmadar, Freedman and CYCA Member Wendy Tuck which drew an outstanding Squad participated in the Audi Centre Sydney Winter Series in Foundation & Sun Foundation, event sponsors Sharp number of attendees. Her presentation gave a graphic display I would like to thank Director Bradshaw Kellett and Committee 2018 with a further eight taking part in the Noakes Sydney Australia, Club Marine and Musto Australasia, Elliott sponsors of the seamanship required to compete in and win such members Denis Doyle, Frank Walker, Steven Prince, Shaaron Gold Coast Yacht Race and nine YSA sailors and alumni taking Walker Corporation, Musto Australasia, Steadfast-IRS, Club an arduous event. Following this, Past Commodore Hugo Walsh, David Henry, Alan Green and Scott Williamson along part in the 74th Rolex Sydney Hobart Yacht Race. Marine, Vibe Hotels, Sharp Australia, Roni Rigging, Toga van Kretshmar presented an amazing visual and pictorial with all the staff at CYCA for their contribution over the past Our on-water and event hosting success also saw our Group, GME, Hood Sails, Noakes Group, Altex Yacht & Boat presentation on his journey transforming the former cray 12 months. staff recognised at the Australian Sailing Awards, with two Paint and Regatta sponsors including Phil Tomkins & Shelving YSA staff members, Head Coach Jordan Reece and YSA Systems and Dean Harrigan (Capt John Piper Regatta).
CYCA YSA CALENDAR APRIL 2018 – MARCH 2019
Advanced Squad events: The YSA represented the CYCA in the following regattas: Kellett Shield Fleet Racing Regatta Darwin Australian Maid Int Youth MR Regatta, Darwin – 2nd Shelving Systems Match Racing Regatta Governor’s Cup, USA – 1st Captain John Piper Match Racing Regatta Harken Int. Youth Match Racing Regatta, Sydney – 2nd Interclub Challenge (RPAYC, CYCA, NCYC, RSYS) Warren Jones (U25), Perth – 3rd & 5th Hardy Cup (U25), Sydney – 3rd & 4th CYCA hosted events: NZ Women’s Match Racing Championship, Auckland – 5th Club Marine NSW Youth Match Racing Championship – 1st, 2nd CentrePort Int Youth Match Racing Regatta, Wellington – 1st & 3rd Nespresso Int Youth Match Racing Cup, Auckland – 4th John Messenger Women’s Match Racing Trophy – 1st, 3rd & 6th Australian Women’s Match Racing Championship – 3rd Regattas held in the Elliott 7s: Australian Match Racing Championship – 1st, 2nd & 6th Captain Cook Cruises Top Jocks Regatta Australian Schools Match Racing Championship – 2nd Invictus Games Australian Youth Match Racing Championship – 1st, 2nd & 3rd Australian Defence Forces Regatta Musto Int. Youth Match Racing Regatta – 3rd, 4th & 5th Scots Parents & Sons Twilight Regatta Property Industry Foundation Regatta The CYCA Youth Sailing Academy during their winter training squads Noakes 7s Twilight Regatta (Spring & Summer series) Unlimited Corporate Regatta 12 CRUISING YACHT CLUB OF AUSTRALIA ANNUAL REPORT YEAR END MARCH 31 2019 CRUISING YACHT CLUB OF AUSTRALIA ANNUAL REPORT YEAR END MARCH 31 2019 13 / MEMBER ENGAGEMENT 2018 2019 COMMITTEE
The Associates Committee hosting the annual Children’s Christmas party at the Rear Commodore Janey Treleaven Club.
As one of the five standing committees formed under the events and this was definitely the case at the Children’s The Video Archive Project is progressing well under the new Board structure, the Member Engagement Committee Christmas party, where excited children marvelled at the guidance of David Champtaloup and Peter Shipway. The has been exploring and focusing on augmenting both the fairies and their wonderful gifts. The Crew Party started in 2018/2019 interviews so far include many significant individuals rational and emotional connection that past, present and the Rolex Sydney Hobart Yacht Race – Sydney Village for the including Commodore Paul Billingham, David “Stork” Reid and future Members have to CYCA. first time, and was a great success. Crews and Members then Past Commodore Kerry Roxburgh being added to the online continued the celebrations in the Clubhouse to the music of collection of Member interviews. By working closely with the Member Value and Archives Endless Beach Party. sub-committees, Associates Committee and Sustainability The photo digitising project of CYCA’s stored print photos is Working Group, we have enhanced communication, The Associates Committee also organised Trivia nights and in its 12th year of scanning. The information is currently being listened to feedback on the bar & bistro service offering, were active in fundraising and working proactively for the stored at CYCA in an effort to produce a digital archive on the added a wider variety of events and social activities to success of other events including the SOLAS Dinner and History & Archives page of CYCA’s website. 70-year Member Gordon Ingate cutting the 75th Anniversary cake whilst celebrating the Quiet Little Drink, where Associate Member Dinah Eagle the calendar and monitored how Members are using the Founders’ Day Along with the photos, the full collection of Offshore and refurbished Clubhouse. Below, more is described about was awarded for competing 10 Sydney Hobart Yacht Races. Hobart, a range of events to celebrate have been planned of Sydney Hobart Yacht Race Programs are being scanned to what each of these committees have achieved over the be made available to Members and guests and stored for which many have already taken place including Founders’ past year and the Club would like to thank each of the historical viewing. Day and the Commodore’s Ball with other events yet to chairpersons and Members of the committees who give come such as the Veterans’ Regatta in early December. With the redevelopment of the Clubhouse and some changes their time freely and willingly. to the display areas, a rotation system is being created to be The Committee brought a focus to women in sailing with Other initiatives the Committee has in-flight include, the able to display the many historical and important artefacts several events already held with well-known and experienced new Member experience and reducing the time it takes from which CYCA possess to make sure that the rich history of the female sailors. Our International Women’s Day event with a filling in the application form to enjoying the benefits of Club is never lost. CYCA Membership, reviewing the Clubs with whom CYCA focus on women in sailing proved very popular. Additional SUSTAINABILITY WORKING GROUP – Chaired by Director has reciprocal rights around the world and making sure events are planned for the upcoming year with invites to be Justin Atkinson that the Membership structure continues to be relevant to shared at the relevant times. existing Members while appealing to potential Members. House accounts were introduced last year which enable Members and guests joining together to celebrate International Womens Day - This year the Board has agreed to formalise a CYCA Women in Sailing Breakfast. Sustainability Program across Club operations. The focus will One of the best ways to engage with Members is by asking Members to put money on their Membership cards for use be on the reduction, re-use and recycling of resources. By them what they want from their Membership. During the at the bar and Café 44. This was well received by those Other fundraising included The Buy a Bale raffle and the undertaking this the Club will endeavour, in the long term, to year the Committee introduced a Members’ Voice survey Members who paid their annual membership fees early and Christmas Hamper, this year in support of Care Flight. reduce our expenditure on unnecessary items so that we can and were very pleased with the response. More recently received a $50 or $20 credit to their house account. It has A goal of the Committee is to contribute to the welcoming divert funds elsewhere. allowed Members to add money to their house account at the Committee undertook a larger survey covering most environment of the Club. The Christmas decorations team reception and any of the Club’s bars. The Management Team have been looking into areas aspects of the Club and will start shaping a strategy for the did a wonderful job to ensure festive, yet subtle decorations where we can reduce wastage and the unnecessary use of coming year based on the results and input. More surveys Enhanced Member discounts have also been introduced and were displayed that complemented the new Clubhouse. single-use plastics such as straws and plastic cutlery. Our and avenues to share thoughts and ideas are planned for the are available on merchandise, room hire, ticketed Member Committee Members also volunteered and worked at new Clubhouse development includes LED lighting, solar coming year. events and at Café 44. reception during the busy lead-up to the Rolex Sydney panelling and sensor lighting in an effort to reduce our Hobart Yacht Race. MEMBER VALUE SUB-COMMITTEE – Chaired by Director ASSOCIATES COMMITTEE – Chaired by President power consumption. Leander Klohs Margaret Keelty A big thanks to all the Committee Members who are always Over the next 12-18 months a Sustainability Working Group, available to put a personal touch on events, lend a hand Membership value or benefit is one of the four top priorities The 2018/19 Associates Committee continued their work comprising Members and Club Management, will look to develop when required and to help welcome old and new Members for this Board. This year the Board began by improving to unite all Members of the Club through driving social and implement an action plan of short- and long-term goals. our communication with Members with the introduction of to the CYCA. functions & activities. A The Club is striving to take on the journey of change to be able to the Sked, which is sent out after each Board meeting. We ARCHIVES SUB-COMMITTEE – Chaired by Director highlight was the first ensure to continuously improve the ways in which the Club and have enhanced Onshore, the weekly email to Members, and Bradshaw Kellett formal event in the new Members interact with the marine and onshore environment. brought in-house the bi-monthly production of Offshore so Clubhouse, the CYCA The Archives Committee have focused on five primary that it contains more relevant and current information for Hall of Fame and Member projects during the year which have been a great addition to Members as well as reducing costs. Anniversary Dinner, a capturing and transferring the history of the Club. The refurbished Clubhouse officially reopened on 27 October great recognition of The Archives Room now houses a complete set of Sydney and the Club is proud to be able to provide enhanced facilities Members and celebration Hobart Yacht Race Programs and Offshore magazines, to Members and their guests. of Membership. complemented by CYCA Annual Reports and Sailing With this being the commemoration of CYCA’s 75th Fun is always a theme of India Howard (centre) recieving her plaque for Programs. Many other CYCA historical artefacts and a Youth Sailing Academy sailor completing Solar panels installed on the Clubhouse roof to increase the amount of renewable anniversary and 75 years since the first race from Sydney to Associates Committee their first Sydney Hobart Yacht Race. information are also housed in the room. energy used at the Club
14 CRUISING YACHT CLUB OF AUSTRALIA ANNUAL REPORT YEAR END MARCH 31 2019 CRUISING YACHT CLUB OF AUSTRALIA ANNUAL REPORT YEAR END MARCH 31 2019 15 Construction continues on the Clubhouse with the new deck / PREMISES / SPECIAL EVENTS 2018 2019 COMMITTEE 2018 2019 COMMITTEE
Treasurer Arthur Lane Commodore Paul Billingham
The previous Marina and Site Committee has had a name works. RMS have given their approval for the change and the This year, under the new Board Committee structure, change to the Premises Committee to better reflect its proposal is presently before the Council for a Development oversight for all major events fell under the newly formed responsibility of ensuring that all the Club’s assets and Approval. Special Events Committee – and it was a busy first year! facilities are maintained at the highest standards for use by The Marina presently houses about 212 vessels however As well as assuming responsibility for the marque Rolex Members. as there are also about 175 yachts on the waiting list the Sydney Hobart Yacht Race, the Committee also drove the Clubhouse and Annex Committee have spent time on developing a policy for successful delivery of the inspiring Invictus Games in October having inactive vessels removed. The Board has also 2018 and the planning for the Club’s 75th anniversary year, The land-based assets have undergone an extensive and accepted the Committee’s recommendation with regard to now well and truly underway. long-overdue refurbishment. The development restrictions inactive vessels on the Marina in order to reduce the waiting imposed by Council were such that the buildings could not The 74th Rolex Sydney Hobart Yacht race was an absolute list for active Members requiring berths. A matrix has also be extended by even a millimetre in width, breadth or height classic – what a finish we witnessed! With our fantastic been developed that provides a fairer and more transparent however the result is a modern, efficient and practical layout Sailing Office and Race Committee looking after the on-water method for assessing the difficult task of allocating berths that is also very attractive and seems much larger and easier side, off the water, the Special Events Committee focussed when they do become available. We are also reviewing the to use than the previous Clubhouse. We must acknowledge on the continuing evolution of the race coverage, shore side continuing status of those berth holders who are consistently the efforts of past CEO Karen Grega and Operations experience and social media, with incredible results. Some Manager Michael Neumann. not timely with payment of their marina fees. 1.65 million Australians watched the start which was simulcast on Channel 7 and 7Mate - an all-time record. The two Rolex A solar energy system has been installed on the roof which Our Management Team have again demonstrated their dedication in the very effective preventative maintenance Sydney Hobart Yacht Race Villages in Sydney and Hobart has seen a significant saving to our power bills. The always-popular Rolex Sydney Hobart Yacht Race - Hobart Village schedule that they work to within the strict budgeting reached a new level of quality and attracted visitors in their This past year we also played a privileged role in what was, The Board has approved the Committee’s recommendation capital expenditure restraints and their ability and agility droves with our major sponsor, Rolex SA, delighted with the I know for so many, such an inspirational week of sport in to upgrade the surface finish to the larger car park and to to deal with and resolve the very many unexpected issues changes made over the past four years. October. The 2018 Invictus Games came to Sydney and replace the old brushwood fence to the street boundary that arise in a marine environment. This past year, a higher Poignantly, against this background of sailing celebration, the CYCA joined with RPAYC, RSYS and RANSA to deliver with a new more robust metal boundary fence and sliding quality wheel has been found for the trolleys and these we remembered those sailors who lost their lives in 1998 – an incredible sailing regatta in Farm Cove using the Club’s gates which will provide far improved security to the Club’s are being fitted, the heavy-duty trolley has been repaired the race was genuinely and respectfully dedicated to their Elliott 7s and watched on the water by the Duke & Duchess premises. Management will implement a construction and an additional heavy duty trolley will also soon be on memory throughout. of Sussex. Attended by the Governor General, the medal programme to minimise the short-term inconvenience that the dock for Members’ use. In addition, a further 15 lockers ceremony took place on the Club hardstand and was this operation will cause. The new gates together with the are being acquired to supplement the ones presently on the The 75th race is however now less than six months away, and followed by “the best party of the games” which will live in ‘smart card’ system (your Membership card) will give our hard stand. our five-year plan to match the race’s on-water reputation Management Team a far greater control over the usage of as the premier annual blue water race with the shore-side the memories of athletes, their families and CYCA Members the bays for Members of the Club. The efforts that Tom Giese, Max Leonard, Stephen Cole, Max experience continues, with incredible support from finishing for years to come. Henderson and Manuel Bonacini put into the day-to-day partner RYCT, the NSW and Tasmanian Governments, Illegal parking by Members is still an issue to be resolved Finally, the Special Events Committee has been working on management and maintenance of the buildings, Marina and Tasports and so many others. and the Board will be taking a far more stringent approach delivering a program of annual and celebratory events for the site to make our use of the facilities so accessible are on Members who deliberately park in no-parking areas, 2019 - including Founders’ Day in May; the Commodore’s very much appreciated. emergency-only and accessible parking spaces. Ball, which raised $33,400 to re-equip the YSA Elliotts with I would also like to acknowledge and thank the Committee new sails in June; the Classic Yachts Regatta coming up in Marina for all its very valuable input, oversight and time over the December; and the upcoming launch of Rob Mundle’s new As signalled last year the Committee has now completed its past year. Having the knowledge, skills and diverse abilities book on 75 years of the Sydney Hobart Yacht Race. feasibly report on re-aligning the berths at the end of A-Arm of Past Commodore Kerry Roxburgh, past Directors Peter I am indebted to the diverse group of talented and from east-west berths to north-south orientated berths. This Shipway and Andrew Wenham, Directors Bradshaw Kellett enthusiastic Members who have joined the Committee will allow for larger vessels and an additional two berths. and David Jacobs and Members Kieran Wallis and Adam and who bring a range of views and perspectives as we Importantly, it will allow for safer access and exits from the Barnes has allowed this committee to work through and look to enhance the impact of the major annual and one- berths. The Board have given permission to obtain approval successfully resolve the many issues that have arisen over off events that help define our Club. Thank you to Vice from the relevant authorities and have set a budget for the the year. Commodore Noel Cornish AM, Rear Commodore Janey Treleaven, Directors Leander Klohs and Justin Atkinson, Past Commodore Martin James, Life Member Kendi Kellett, and Club Members Carolyn Grant, Julia Owens, Peter Shipway & Katherine Bennett, supported by CEO Eddie Moore, Sailing Manager Justine Kirkjian, Marketing Manager The Invictus Games saw teams and spectators from around the world congregate at the Club for a day of great racing and celebrations. Nick Janzen and Administration Manager Fiona Cole.
16 CRUISING YACHT CLUB OF AUSTRALIA ANNUAL REPORT YEAR END MARCH 31 2019 17 AUDIT PLANNING & CYCA SOLAS TRUST 2018 / 2019 RISK COMMITTEE REPORT 2018 / 2019 REPORT
Vice Commodore Noel Cornish AM David Kellett AM
The members of this Committee are: Rear Commodore As the complexity of managing the business and activities The CYCA Sydney Hobart Yacht Race Safety of Life at Sea In closing, I wish to thank my fellow Trustees for their Janey Treleaven, Treasurer Arthur Lane, Director David at CYCA is increasing both on and off the water, I would Trusts (CYCA SOLAS Trusts) were established following the ongoing commitment to this great charity, Matt Allen, Jacobs, Thomas Barker, Peter Gothard, Amanda Wilmot and like to express my gratitude to the Management Team, tragic loss of six lives in the 1998 Sydney Hobart Yacht Race. Paul Billingham, David Gotze, Leander Klohs, Arthur Lane Steven York. the Committee and the Board for their dedication and They continue to raise funds for disbursement to families in and Karen Grega the Secretary of the Trusts, as well as the commitment to enhancing the governance and the risk need and safety organisations. support of Vice Commodore Noel Cornish AM. The Committee continued to undertake its traditional management function at our Club. role of planning, overseeing, reviewing and checking The CYCA SOLAS Trusts have a 100 percent flow through to CYCA Members should be proud of the activities of the matters that underpin the functioning of our Club such as beneficiaries from donations making the Trusts truly unique SOLAS Trusts. operating budgets, capital expenditure, annual accounts, and with great impact, with administration and management auditor’s reports, critical communications, contracts, costs to run the Trusts absorbed by the CYCA. grant applications, sponsorship agreements, insurances There has been increased Due to the support of the CYCA Board and the genorosity of and race arrangements. work this year associated several notable benefactors, the Trusts have raised in excess of In addition, there has been increased work this year with the completion of our $130,000 this year; while distributing over $148,000 towards associated with the completion of our Club redevelopment several search and rescue projects in New South Wales and and the review and updating of race documentation. Club redevelopment Queensland. The funds were put towards new motors for rescue vessels, upgrade to radio systems and night vision “ camera’s which help all water users, not just ocean racers. The annual SOLAS dinner co-ordinated by Kendi Kellett was Mark Pavillard, Kendi Kellett and David Kellett AM at the Annual SOLAS dinner held at the Royal Sydney Yacht Squadron this year due to CYCA renovations. Commander Marc Pavillard RAN who co-ordinated the helicopter rescues during the 1998 Hobart
CYCA Clubhouse race was an exceptional guest speaker making the evening a great success attended by over 110 Members and supporters who raised in excess of $25,000.
With the support of the Flag Officers of the Royal Yacht Club of Tasmania, SOLAS also held another dinner there in October with Wendy Tuck as the guest speaker; the aim being this continue to be an annual event. Newcastle Cruising Yacht Club became a great supporter of SOLAS and held a dinner in their Clubhouse in November with Matt Allen, the winner of the 2017 Rolex Sydney Hobart Yacht Race as guest speaker. Another exceptional evening with terrific auction prizes donated by local businesses raised $23,000 on the night. Thanks go to Commodore Wild Oats XI, one of the super maxi yachts which competed in the Grinders Coffee SOLAS Big Boat Challenge Steve Rae and General Manager Paul O’Rourke and their Members for the wonderful support.
Another major fund-raising event is the SOLAS Rotary Charity Regatta where with the support of many CYCA boat owners, $20,000 was raised for SOLAS. Thank you to all Members who support this worthy cause.
Bids for a ride on one of the competing maxi yachts in the Grinders Coffee SOLAS Big Boat Challenge also continues to be a great fund-raising event, thanks to the generosity of the yacht owners, raising over $16,000 last year.
SOLAS has also become an integral part of the Rolex Sydney Hobart Yacht Race Corporate Lunch in December where SOLAS raised a further $19,000. David Kellett AM (centre) accepting money raised by the SOLAS Rotary Charity Regatta from Bill Little (left), and Bob Bruce (right) of Rotary
18 CRUISING YACHT CLUB OF AUSTRALIA ANNUAL REPORT YEAR END MARCH 31 2019 CRUISING YACHT CLUB OF AUSTRALIA ANNUAL REPORT YEAR END MARCH 31 2019 19 Your Directors present their report on the / DIRECTORS’ 2018 2019 REPORT company for the year ended 31 March 2019
The Directors of the company at any time during or since the end of the financial year are: Directors’ meetings
The number of Directors’ meetings (including meetings of Committees of directors) and number of meetings attended by Name and qualifications Age Experience and special responsibilities each of the directors of the company during the financial year are:
Director since July 2006 Mr Paul Billingham Board MEETINGS OTHER MEETINGS** Sydney Office Chair and Head of Consulting, Grant Thornton Australia FCA, FGIA, GAICD, RITP Limited Number of Number of Number of Number of Non-executive Director 50 Director Director, CYCA SOLAS Limited Meetings Attended Meetings Held* Meetings Attended Meetings Held* Commodore Chairperson, Special Events Committee Owner – Defiant Paul Billingham 11 12 15 18 Deputy Chair, Premises Committee Noel Cornish 12 12 17 17 Director since July 2013 Mr Noel Cornish AM Company Director B.Sc., M.Eng.Sc., FAICD Non- Sam Haynes 10 12 10 11 Chairperson, Audit, Planning & Risk Committee executive Director 69 Deputy Chair, Special Events Committee Janey Treleaven 12 12 25 25 Vice Commodore Chairman Snowy Hydro Ltd, Chairman IMB Bank, Director ForestCorp Owner – St Jude NSW and Venues NSW Arthur Lane 12 12 21 22
Ms Janey Treleaven Director since July 2014 Leander Klohs 12 12 14 16 B.Info Systems Executive Manager, Commonwealth Bank of Australia Non-executive Director 39 Chairperson, Member Engagement Committee Justin Atkinson 9 9 12 13 Rear Commodore Member, Audit, Planning & Risk Committee Owner – Finn Member, Special Events Committee David Jacobs 7 9 12 15
Dr Samuel Haynes Bradshaw Kellett 8 9 19 19 BSc BVMS GCM(VP) Director since July 2016 Non-executive Director 55 Veterinarian, Sydney Animal Hospitals Tony Kirby 2 3 1 1 Rear Commodore Chairperson, Sailing Committee Arthur Psaltis 3 3 1 1 Owner – Celestial
Director since July 2010 John Markos 3 3 0 0 Mr Arthur Lane Investment Banker B.Sc.(Q.S), M.A.(T.P) Corporate Governance KPMG Advisory Non-executive Director 71 Director, CYCA SOLAS Limited * Number of meetings held during the time the director held office during the year. Treasurer Chairperson, Premises Committee **The other meetings held relate to Standing-Committee meetings held during the year. Owner – Wilde Rush Member, Audit, Planning & Risk Committee
Director since July 2014 Ms Leander Klohs Executive Manager, City of Sydney BA Comms 43 Director, CYCA SOLAS Limited Non-executive Director Deputy Chair, Member Engagement Committee Member, Special Events Committee
Mr Justin Atkinson Director since July 2018 BA Mgmt, M.Mgmt Sales Director 47 Non-executive Director Deputy Chair, Member Engagement Committee Owner – Kia Kaha Member, Special Events Committee
Mr David Jacobs Director since July 2018 BA, LLM Solicitor 69 Non-executive Director Member, Premises Committee Owner – First Light Deputy Chair, Audit, Planning & Risk Committee
Director since July 2018 Director B-sure Boating Services Pty Ltd Mr Bradshaw Kellett Deputy Chair, Sailing Committee Yachtmaster IV 43 Member, Member Engagement Committee Non-executive Director Member, Premises Committee Owner - Electra Chair, Archives Committee Board Representative, Cruising Committee
20 CRUISING YACHT CLUB OF AUSTRALIA ANNUAL REPORT YEAR END MARCH 31 2019 CRUISING YACHT CLUB OF AUSTRALIA ANNUAL REPORT YEAR END MARCH 31 2019 21 AUDITOR’S INDEPENDENCE DIRECTORS’ REPORT CONT. 2018 / 2019 DECLARATION
Principal activities
The principal activities of the company during the course of the of the directors of the company, to affect significantly the financial year were to promote participation in yachting including operations of the company, the results of those operations, or the sport of sailing and to provide ocean racing facilities, training the state of affairs of the company, in future financial years. and other yachting facilities and competitions for its members. Proceedings on behalf of company There were no significant changes in the nature of the activities of the company during the year. No person has applied to the Court under section 237 if the Corporations Act 2001 for leave to bring proceedings on behalf Membership of the company, or to intervene in any proceedings to which the Company is a party, for the purpose of taking responsibility The Club is a Company limited by guarantee and without share on behalf of the company for all or part of those proceedings. capital. The number of members as at 31 March 2019 and the comparison with last year is as follows: No proceedings have been brought or intervened in on behalf of the company with leave of the Court under section 237 of the Corporations Act 2001. 2019 2018 No. No. Indemnification and insurance of officers
Number of Members 2,963 2,787 The company has provided for and paid premiums to the value of $6,324 (2018: $7,835) during the year for Management Liability Insurance. The insurance is in respect of legal liability for damages and legal costs within an annual limit of Review and results of operations $10,000,000 (subject to a sub limit of in any one insurance The result from ordinary activities for the year amounted to a loss period) arising from claims made by reason of any omissions of $1,018,873 (2018: $73,587 loss). This resulted after charging or acts (other than dishonesty) by them, whilst acting in their $1,044,995 (2018: $1,111,910) for depreciation and amortisation. individual or collective capacity as directors or officers of the company, towards which the directors of the company Dividends contribute.
The company is a non-profit organisation and is prevented by its The insurance premiums relate to: constitution from paying dividends. • costs and expenses incurred by the relevant officers in State of affairs defending proceedings, whether civil or criminal and whatever their outcome; and In the opinion of the directors, there were no significant changes in the state of affairs of the company that occurred • other liabilities that may arise from their position, with the during the financial year under review. exception of conduct involving a wilful breach of duty or improper use of information or position to gain a personal Environmental regulation advantage.
The company’s operations are subject to various environmental Auditor’s independence declaration regulations under both Commonwealth and State legislation. A copy of the auditor’s independence declaration as required The Board believes that the company has adequate systems in under section 307 of the Corporations Act 2001 is set out on place for the management of its environmental requirements page 6. and is not aware of any breach of those environmental requirements as they apply to the company. This report is made in accordance with a resolution of directors.
Likely developments
The directors do not anticipate any further development in the operations of the Club which will affect the results in subsequent years. P Billingham A Lane Events subsequent to reporting date Commodore Treasurer Sydney, 18 June 2019 Sydney, 18 June 2019 There has not arisen in the interval between the end of the financial year and the date of this report any item, transaction or event of a material or unusual nature likely, in the opinion
22 CRUISING YACHT CLUB OF AUSTRALIA ANNUAL REPORT YEAR END MARCH 31 2019 CRUISING YACHT CLUB OF AUSTRALIA ANNUAL REPORT YEAR END MARCH 31 2019 23 STATEMENT OF BALANCE 2018 / 2019 COMPREHENSIVE INCOME 2018 / 2019 SHEET for the financial year ended 31 March 2019 for the financial year ended 31 March 2019
2019 2018 2019 2018 Notes Notes $ $ $ $
Revenue 4 8,952,434 8,521,283 Current assets
Cost of sales (967,147) (899,673) Cash and cash equivalents 7 85,949 4,204,256
Gross profit 7,985,287 7,621,610 Trade and other receivables 8 767,563 388,072
Other income 4 10,223 348,823 Inventories 9 121,245 87,962
Employee and employment expenses (3,302,295) (3,133,288) Other assets 10 160,836 62,650
Entertainment and members costs (195,107) (251,124) Total current assets 1,135,593 4,742,940
Sailing event costs (553,790) (577,454) Non-current assets
Property expenses (1,705,003) (1,509,007) Property, plant and equipment 11 18,125,650 10,617,495
Insurance (141,724) (168,130) Total non-current assets 18,125,650 10,617,495
Repairs and maintenance (331,034) (224,927) Total assets 19,261,243 15,360,435
Temporary services (31,581) (23,665) Current liabilities
Consultancy and audit fees (352,083) (216,453) Trade and other payables 12 1,363,831 1,092,736
Other operating expenses (1,176,121) (702,965) Provisions 13 384,757 1,918,616
Financing expenses 5 (180,650) (125,097) Borrowings 14 768,552 181,673
Depreciation and amortisation expenses (1,044,995) (1,111,910) Income received in advance 1,349,206 576,898
(Loss) before income tax (1,018,873) (73,587) Total current liabilities 3,866,346 3,769,923
Income tax expense - - Non-current liabilities
(Loss) for the year 15 (1,018,873) (73,587) Provisions 13 5,795,094 3,224,824
Operating (loss) for the year (1,018,873) (73,587) Borrowings 14 2,563,284 310,296
Other comprehensive income - - Total non-current liabilities 8,358,378 3,535,120
Total comprehensive (loss) for the year (1,018,873) (73,587) Total liabilities 12,224,724 7,305,043
Net assets 7,036,519 8,055,392
Members' funds
Retained profits 15 7,036,519 8,055,392
Total members' funds 7,036,519 8,055,392
The accompanying notes form an integral part of the financial statements. The accompanying notes form an integral part of the financial statements.
24 CRUISING YACHT CLUB OF AUSTRALIA ANNUAL REPORT YEAR END MARCH 31 2019 CRUISING YACHT CLUB OF AUSTRALIA ANNUAL REPORT YEAR END MARCH 31 2019 25 STATEMENT OF CHANGES IN EQUITY NOTES TO THE / FINANCIAL STATEMENTS for the financial year ended 31 March 2019 2018 2019
for the financial year ended 31 March 2019 Total attributable to the Retained profits members of the entity $ $ Balance at 31 March 2017 8,128,979 8,128,979 1 General Information values of assets and liabilities that are not readily apparent Loss and total comprehensive loss for the year (73,587) (73,587) from other sources. The estimates and associated assumptions Cruising Yacht Club of Australia (“the Company”) is a company Balance at 31 March 2018 8,055,392 8,055,392 are based on historical experience and various other factors limited by guarantee and operating in Australia. that are believed to be reasonable under the circumstance, Loss and total comprehensive loss for the year (1,018,873) (641,873) In accordance with the Constitution of the Cruising Yacht Club the results of which form the basis of making the judgments. of Australia, every member of the company undertakes to Actual results may differ from these estimates. Balance at 31 March 2019 7,088,519 7,413,519 contribute to the assets of the company. In the event of the The estimates and underlying assumptions are reviewed company being wound up, whilst he or she is a member or on an ongoing basis. Revisions to accounting estimates are within one year after he or she ceases to be a member and of recognised in the period in which the estimate is revised if the the costs, charges and expenses of winding up such as may be revision affects only that period or in the period of revision and STATEMENT OF CASHFLOW required, not exceeding $2 per member. future periods if the revision affects both current and future for the financial year ended 31 March 2019 The company has 2,963 (2018: 2,787 members) members at periods. year end. Judgments made by management that have significant effects Cruising Yacht Club of Australia’s registered office and its on the financial statements and estimates with a significant risk principal place of business are as follows: of material adjustments in the next year are disclosed, where 2019 2018 applicable, in the relevant notes to the financial statements. Notes 1 New Beach Road, Darling Point NSW 2027 $ $ Accounting policies are selected and applied in a manner 2 Summary of significant accounting policies Cash flows from operating activities which ensures that the resulting financial information satisfies The principal accounting policies adopted in the preparation the concepts of relevance and reliability, thereby ensuring that Cash receipts in the course of operations 10,252,031 9,983,659 of the financial report are set out below. These policies have the substance of the underlying transactions or other events been consistently applied to all the years presented, unless is reported. Cash payments in the course of operations (8,578,458) (8,904,593) otherwise stated. (b) Borrowing costs Cash generated from operations 1,673,573 1,079,066 (a) Basis of accounting Borrowing costs directly attributable to the acquisition Interest paid (77,283) (21,730) Statement of compliance and construction of qualifying assets, which are assets that necessarily take a substantial period of time to get ready for Net cash provided by investing activities 18 1,596,290 1,057,336 These general purpose financial statements have been prepared their intended use, are added to the costs of those assets, in accordance with Australian Accounting Standards and until such time as the assets are substantially ready for their Cash flows from investing activities interpretations issued by the Australian Accounting Standards intended use. Board and The Corporations Act 2001. The financial report Interest received (1,313) 184,510 also complies with other requirements of the law including (c) Cash and cash equivalents the Registered Clubs Act. Cruising Yacht Club of Australia is a Held in term deposit - 5,043,528 Cash comprises cash on hand and deposits at call. Cash not-for-profit entity for the purpose of preparing the financial equivalents are short-term, highly liquid investments that are Payments for property, plant and equipment (8,553,150) (3,742,341) statements. readily convertible to known amounts of cash and which are Net cash used in/ provided by investing activities (8,554,463) 1,485,697 The financial report complies with Australian Accounting subject to an insignificant risk of changes in value and have a Standards as issued by the Australian Accounting Standards maturity of three months or less at the date of acquisition. Cash flow from financing activities Board (AASB). (d) Employee benefits The financial statements were authorised for issue by the Proceeds from borrowings 3,331,836 428,240 A liability is recognised for benefits accruing to employees in directors on 12 June 2019. respect of wages and salaries, annual leave and long service Repayment of borrowings (491,970) (284,590) Basis of preparation leave when it is probable that settlement will be required and they are capable of being measured reliably. Net cash provided by financing activities 2,839,866 143,650 The financial report has been prepared on the basis of historical cost, except for the revaluation of certain non-current assets Liabilities recognised in respect of employee benefits expected Net (decrease)/increase in cash held (4,118,307) 2,686,683 and financial instruments. Cost is based on the fair values of to be settled within 12 months, are measured at their nominal Cash and cash equivalents at 1 April 4,204,256 1,517,573 the consideration given in exchange for assets. All amounts are values using the remuneration rate expected to apply at the presented in Australian dollars, unless otherwise noted. time of settlement. Cash and cash equivalents at 31 March 7 85,949 4,204,256 In the application of the company’s accounting policies, which Liabilities recognised in respect of employee benefits which are described within this note, management is required to are not expected to be settled within 12 months are measured make judgments, estimates and assumptions about carrying at the present value of the estimated future cash outflows to The accompanying notes form an integral part of the financial statements.
26 CRUISING YACHT CLUB OF AUSTRALIA ANNUAL REPORT YEAR END MARCH 31 2019 CRUISING YACHT CLUB OF AUSTRALIA ANNUAL REPORT YEAR END MARCH 31 2019 27 Notes to the Financial Statements for the financial year ended 31 March 2019 (continued) Notes to the Financial Statements for the financial year ended 31 March 2019 (continued)
be made by the company in respect of services provided by (f) Financial instruments issued by the company recoverable amount, but only to the extent that the increased where another systematic basis is more representative of the employees up to reporting date. carrying amount does not exceed the carrying amount that time pattern in which economic benefits from the leased asset Debt and equity instruments would have been determined had no impairment loss been are consumed. Long term service benefits Debt and equity instruments are classified as either liabilities or recognised for the asset (cash-generating unit) in prior years. (j) Trade receivables The Company’s net obligation in respect of long-term service as equity in accordance with the substance of the contractual A reversal of an impairment loss is recognised in profit or loss benefits is the amount of future benefit that employees have arrangement. immediately, unless the relevant asset is carried at fair value, in Impairment of financial assets which case the reversal of the impairment loss is treated as a earned in return for their service in the current and prior Financial liabilities The company applies the AASB 9 simplified approach to periods. The obligation is calculated using expected future revaluation increase. measure expected credit losses which uses a lifetime expected Financial liabilities are classified as either financial liabilities ‘at increases in wage and salary rates including related on-costs (h) Income tax loss allowance for all trade receivables and contract assets. fair value through profit or loss’ or other financial liabilities. and expected settlement dates, and is discounted using rates No provision has been made for income tax as the Company is Previous accounting policy for impairment of trade receivables for Commonwealth Government bonds at the balance date Other financial liabilities exempt under Section 50-45 of the Income Tax Assessment Act which have maturity dates approximating to the terms of the Trade receivables are recognised initially at fair value and Other financial liabilities, including borrowings, are initially (1997), provided it continues as a sporting club predominately Company’s obligations. subsequently measured at amortised cost using the effective measured at fair value, net of transaction costs. encouraging and promoting the sport of yachting, boating, interest method, less provision for impairment. Trade (e) Financial assets Other financial liabilities are subsequently measured at cruising for pleasure and the building and sailing of yachts receivables are generally due for settlement within 30 days. and boats. Accordingly, tax effect accounting has not been Loans and receivables amortised cost using the effective interest method, with They are presented as current assets unless collection is not adopted by the Company. interest expense recognised on an effective yield basis. expected for more than 12 months after the reporting date. Trade receivables, loans, and other receivables that have fixed (i) Leases or determinable payments that are not quoted in an active The effective interest method is a method of calculating the Collectability of trade receivables is reviewed on an ongoing market are classified as ‘loans and receivables’. Loans and amortised cost of a financial liability and of allocating interest Leases are classified as finance leases when the terms of the basis. Debts which are known to be uncollectible are written off by reducing the carrying amount directly. An allowance receivables are measured at amortised cost using the effective expense over the relevant period. The effective interest rate is lease transfer substantially all the risks and rewards incidental account (provision for impairment of trade receivables) is used interest method less impairment. the rate that exactly discounts estimated future cash payments to ownership of the leased asset to the lessee. All other leases through the expected life of the financial liability, or, where are classified as operating leases. when there is objective evidence that the company will not be Interest is recognised by applying the effective interest rate appropriate, a shorter period. able to collect all amounts due according to the original terms Finance leases basis for debt instruments other than those financial assets ‘at of the receivables. The amount of the impairment allowance (g) Impairment of other tangible and intangible assets fair value through profit or loss’. Assets held under finance leases are initially recognised at is the difference between the asset’s carrying amount and the At each reporting date, the company reviews the carrying their fair value or, if lower, at amounts equal to the present present value of estimated future cash flows, discounted at Impairment of financial assets amounts of its tangible and intangible assets to determine value of the minimum lease payments, each determined at the the original effective interest rate. Cash flows relating to short- Financial assets, other than those at fair value through profit whether there is any indication that those assets have inception of the lease. The corresponding liability to the lessor term receivables are not discounted if the effect of discounting or loss, are assessed for indicators of impairment at each suffered an impairment loss. If any such indication exists, is included in the balance sheet as a finance lease obligation. is immaterial. the recoverable amount of the asset is estimated in order to balance sheet date. Financial assets are impaired where there Lease payments are apportioned between finance charges and The amount of the impairment loss is recognised in profit or determine the extent of the impairment loss (if any). Where is objective evidence that as a result of one or more events reduction of the lease obligation so as to achieve a constant loss within other expenses. When a trade receivable for which that occurred after the initial recognition of the financial asset the asset does not generate cash flows that are independent rate of interest on the remaining balance of the liability. Finance an impairment allowance had been recognised becomes the estimated future cash flows of the investment have been from other assets, the company estimates the recoverable charges are charged directly against profit or loss, unless they uncollectible in a subsequent period, it is written off against impacted. For financial assets carried at amortised cost, the amount of the cash-generating unit to which the asset belongs. are directly attributable to qualifying assets, in which case the allowance account. Subsequent recoveries of amounts amount of the impairment is the difference between the asset’s Where a reasonable and consistent basis of allocation can be they are capitalised in accordance with the company’s general previously written off are credited against other expenses in carrying amount and the present value of estimated future identified, corporate assets are also allocated to individual policy on borrowing costs. Refer to note 3(a). Contingent profit or loss. cash flows, discounted at the original effective interest rate. cash-generating units, or otherwise they are allocated to the rentals are recognised as expenses in the periods in which they (k) Inventories smallest group of cash-generating units for which a reasonable are incurred. The carrying amount of the financial asset is reduced by and consistent allocation basis can be identified. Inventories are valued at the lower of cost and net realisable the impairment loss directly for all financial assets with the Finance leased assets are amortised on a straight-line basis value. Net realisable value represents the estimated selling price exception of trade receivables where the carrying amount is Recoverable amount is the higher of fair value less costs to over the estimated useful life of the asset. less all estimated costs of completion and costs necessary to reduced through the use of an allowance account. When a trade sell and value in use. In assessing value in use, the estimated Operating leases make the sale. receivable is uncollectible, it is written off against the allowance future cash flows are discounted to their present value using a account. Subsequent recoveries of amounts previously written pre-tax discount rate that reflects current market assessments Operating lease payments are recognised as an expense (l) Property, plant and equipment of the time value of money and the risks specific to the asset on a straight-line basis over the lease term, except where off are credited against the allowance account. Changes in the Plant and equipment, leasehold improvements and equipment for which the estimates of future cash flows have not been another systematic basis is more representative of the time carrying amount of the allowance account are recognised in under finance lease are stated at cost less accumulated adjusted. pattern in which economic benefits from the leased asset are profit or loss. depreciation and impairment. Cost includes expenditure that is consumed. Contingent rentals arising under operating leases If the recoverable amount of an asset is estimated to be less directly attributable to the acquisition of the item. In the event If, in a subsequent period, the amount of the impairment loss are recognised as an expense in the period in which they are than its carrying amount, the carrying amount of the asset that settlement of all or part of the purchase consideration decreases and the decrease can be related objectively to an incurred. is reduced to its recoverable amount. An impairment loss is is deferred, cost is determined by discounting the amounts event occurring after the impairment was recognised, the recognised immediately in profit or loss, unless the relevant payable in the future to their present value as at the date of previously recognised impairment loss is reversed through Lease incentives asset is carried at revalued amount, in which case the acquisition. profit or loss to the extent the carrying amount of the In the event that lease incentives are received to enter into impairment loss is treated as a revaluation decrease. investment at the date the impairment is reversed does not operating leases, such incentives are recognised as a liability. Depreciation is provided on property, plant and equipment, exceed what the amortised cost would have been had the Where an impairment loss subsequently reverses, the carrying The aggregate benefits of incentives are recognised as a including buildings on leasehold land. Depreciation is calculated impairment not been recognised. amount of the asset is increased to the revised estimate of its reduction of rental expense on a straight-line basis, except on a straight-line basis so as to write off the net cost or other
28 CRUISING YACHT CLUB OF AUSTRALIA ANNUAL REPORT YEAR END MARCH 31 2019 CRUISING YACHT CLUB OF AUSTRALIA ANNUAL REPORT YEAR END MARCH 31 2019 29 Notes to the Financial Statements for the financial year ended 31 March 2019 (continued) Notes to the Financial Statements for the financial year ended 31 March 2019 (continued)
revalued amount of each asset over its expected useful life the consideration required to settle the present obligation at Rental income (accounted for under AASB 15 Revenue from Contracts with to its estimated residual value. Leasehold improvements are reporting date, taking into account the risks and uncertainties Customers). The mandatory application date of AASB 15 Rental income from property is recognised on a straight-line depreciated over the period of the lease or estimated useful surrounding the obligation. Where a provision is measured has been deferred to 1 January 2019 for NFP entities. If they basis over the term of the lease. Lease incentives granted are life, whichever is the shorter, using the straight-line method. using the cash flows estimated to settle the present obligation, want to adopt the new revenue recognition rules before that recognised as an integral part of the total rental income. its carrying amount is the present value of those cash flows. The estimated useful lives, residual values and depreciation date, they will need to apply AASB 1058 at the same time. Interest revenue The Company is yet to assess AASB 15’s full impact. method are reviewed at the end of each annual reporting When some or all of the economic benefits required to settle period, with the effect of any changes recognised on a a provision are expected to be recovered from a third party, Interest revenue is accrued on a time basis, by reference to (ii) AASB 15, ‘Revenue from contracts with customers‘ will prospective basis. the receivable is recognised as an asset if it is virtually certain the principal outstanding and at the effective interest rate replace AASB 118 which covers revenue arising from the sale applicable, which is the rate that exactly discounts estimated The gain or loss arising on disposal or retirement of an item of that reimbursement will be received and the amount of the of goods and the rendering of services and AASB 111 which future cash receipts through the expected life of the financial property, plant and equipment is determined as the difference receivable can be measured reliably. covers construction contracts. The standard is effective for asset to that asset’s net carrying amount. between the sales proceeds and the carrying amount of the Site restoration make good provision accounting periods beginning on or after 1 January, 2019 asset and is recognised in profit or loss. (q) Goods and Services Tax (GST) for not-for-profit entities in Australia and early adoption A provision for site restoration is recognised when an obligation is permitted. The Company is yet to assess AASB 15’s full The following estimated lives are used in the calculation of Revenues, expenses and assets are recognised net of the exists to restore certain sites for the effect of the company’s impact. depreciation: operations. amount of associated GST, unless the GST incurred is not recoverable from the taxation authority. In this case it is (iii) AASB 16, ‘Leases‘, was issued in February 2016. It will Leasehold improvements 5 – 33 years / term of the lease The provision is the best estimate of the present value of the recognised as part of the cost of acquisition of the asset or as result in almost all leases being recognised on the balance Boats 2 – 10 years expenditure required to settle the restoration obligation at the part of the expense. sheet, as the distinction between operating and finance Plant and equipment 2 – 10 years reporting date. The amount is reviewed annually and changes leases is removed. Under the new standard, an asset (the Motor vehicles 8 years recognised at the end of the reporting period. Receivables and payables are stated inclusive of the amount of GST receivable or payable. The net amount of GST recoverable right to use the leased item) and a financial liability to (m) Trade and other payables (p) Revenue from, or payable to, the taxation authority is included with pay rentals are recognised. The only exceptions are short- term and low-value leases. The accounting for lessors These amounts represent liabilities for goods and services Revenue is measured at the fair value of the consideration other receivables or payables in the balance sheet. provided to the company prior to the end of financial year will not significantly change. The standard is effective for received or receivable. Cash flows are presented on a gross basis. The GST components which are unpaid. The amounts are unsecured and are usually accounting periods beginning on or after 1 January, 2019 of cash flows arising from investing or financing activities which paid within negotiated terms. Trade and other payables are Goods sold and services rendered and early adoption is permitted. The Company is yet to are recoverable from, or payable to the taxation authority, are presented as current liabilities unless payment is not due within assess AASB 16’s full impact. Revenue from the sale of goods comprises revenue earned from presented as operating cash flows. 12 months from the reporting date. They are recognised initially the provision of beverage and other goods and is recognised in 3 Critical accounting estimates and judgements at their fair value and subsequently measured at amortised the statement of comprehensive income when the significant (r) New and amended standards adopted by the Company cost using the effective interest method. Estimates and judgements are continually evaluated and are risks and rewards of ownership have been transferred to the This note explains the impact of the adoption of AASB 9 based on historical experience and other factors, including (n) Borrowings buyer. Revenue from services to members and other patrons of Financial Instruments. expectations of future events that may have a financial impact the Company is recognised in the statement of comprehensive Borrowings are initially recognised at fair value, net of transaction (i) AASB 9 replaces the provisions of AASB 139 that relate to on the entity and that are believed to be reasonable under the income when the services are provided. No revenue is costs incurred. Borrowings are subsequently measured at the recognition, classification and measurement of financial circumstances. recognised if there are significant uncertainties regarding amortised cost. Any difference between the proceeds (net of assets and financial liabilities, derecognition of financial recovery of the consideration due; the costs incurred or to be (a) Critical accounting estimates and assumptions transaction costs) and the redemption amount is recognised instruments, impairment of financial assets and hedge incurred cannot be measured reliably; there is a risk of return in profit or loss over the period of the borrowings using the accounting. ln accordance with the transitional provisions in The company makes estimates and assumptions concerning of goods; or there is continuing management involvement with effective interest method. Fees paid on the establishment of AASB 9 (7.2.15) and (7.2.26), comparative figures have not the future. The resulting accounting estimates will, by definition, the goods. loan facilities are recognised as transaction costs of the loan been restated. There is no hedge accounting. seldom equal the related actual results. The estimates and to the extent that it is probable that some or all of the facility Subscriptions assumptions that have a significant risk of causing a material (s) New accounting standards and interpretations not yet will be drawn down. In this case, the fee is deferred until the adjustment to the carrying amounts of assets and liabilities draw down occurs. To the extent there is no evidence that it Subscription fees are taken into account on an accruals basis adopted and the portion relating to the ensuing year is transferred to within the next financial year are discussed below. is probable that some or all of the facility will be drawn down, Certain new accounting standards and interpretations have subscriptions in advance. the fee is capitalised as a prepayment for liquidity services and been published that are not mandatory for reporting periods (i) Make good provision amortised over the period of the facility to which it relates. Yard and marina ending 31 March 2019 and have not been early adopted by the This provision represents the present value of the directors’ Company. The Company’s assessment of the impact of these Borrowings are classified as current liabilities unless the Yard and marina revenue consists of casual and permanent best estimate of the future sacrifice of economic benefits new standards and interpretations, which are expected to have company has an unconditional right to defer settlement of the berthing fees, hardstand fees, locker fees and tender fees that will be required to settle the site restoration make good an effect on the Company’s financial statements, is set out liability for at least 12 months after the reporting period. provided to members and other patrons of the Club. Yard and obligations pursuant to the company’s lease of land and below: waterways. The estimate has been made on the basis of a (o) Provisions marina revenue is recognised when the goods or services are provided. (i) AASB 1058, ‘Income of Not-for Profit Entities’, introduces cost estimate obtained from a Quantity Surveyor which has Provisions are recognised when the company has a present major changes to the income recognition by public and been projected to a future value using an escalation rate. The obligation (legal or constructive) as a result of a past event, Sailing revenue private sector not-for-profit (NFP) entities. Rather than escalation rate is the equivalent of CPI and, where applicable, it is probable that the company will be required to settle the Sailing revenue consists of ferry charter fees, race entry fees, accounting for all contribution transactions under AASB additional escalation for specific elements of the leased obligation, and a reliable estimate can be made of the amount sponsorship and other associated income. Sailing revenue is 1004 Contributions, NFPs will now need to determine property. The discount rate applied to bring this future value of the obligation. recognised when the goods or services are provided for all whether a transaction is a genuine donation (accounted back to its present value carrying amount is based on long- The amount recognised as a provision is the best estimate of revenue except sponsorship which is recognised as it accrues. for under AASB 1058) or a contract with a customer term Government bond rates.
30 CRUISING YACHT CLUB OF AUSTRALIA ANNUAL REPORT YEAR END MARCH 31 2019 CRUISING YACHT CLUB OF AUSTRALIA ANNUAL REPORT YEAR END MARCH 31 2019 31 Notes to the Financial Statements for the financial year ended 31 March 2019 (continued) Notes to the Financial Statements for the financial year ended 31 March 2019 (continued)
4. Revenue 8. Trade and other receivables
2019 2018 2019 2018 $ $ $ $
Revenue from sale of goods – bar, food and merchandise sales 2,520,600 2,382,146 Trade receivables 756,027 214,470
Revenue from rendering of services – berthing, hardstand, race entry and sponsorship 5,140,130 4,850,604 Allowance for doubtful debts - -
Subscription revenue 1,132,335 1,106,700 756,027 214,470
Rental income 159,369 181,833 Interest receivable 11,536 164,313
8,952,434 8,521,283 GST receivable - 9,289
Other income 767,563 388,072
Interest revenue 10,223 91,892 Ageing of past due but not impaired trade and other receivables
Other – changes in existing make good provisions - 256,931 0-60 days 44,728 73,972
10,223 348,823 60-90 days 684,975 85,908
8,962,657 8,870,106 90-120 days 26,324 54,590
Total 756,027 214,470 5. Financing expenses Movements in the allowance for doubtful debts 2019 2018 $ $ Balance at the beginning of the year - 5,147
Interest expense on marina security deposit - 4,988 Impairment losses recognised on trade receivables - (5,147)
Interest expense on external borrowings 77,283 16,742 Balance at the end of the year - -
Other interest expense – unwind of make good provisions discount 103,367 103,367 9. Inventories 180,650 125,097 2019 2018 $ $ 6. Profit for the year Finished goods – beverages and clothing 121,245 87,962 Profit for the year has been arrived at after charging/(crediting) the following:
2019 2018 10. Other current assets $ $
Operating lease rental expense – marina and land lease 631,963 529,730 2019 2018 $ $
7. Cash and cash equivalents Prepayments 160,836 62,650
2019 2018 $ $
Cash at bank 64,244 1,202,820
Other deposits (a) - 2,979,220
Cash on hand 21,705 22,216
85,949 4,204,256
(a) Other deposits comprises of short-term, highly liquid investments that are due to mature in three months or less from the date of acquisition.
32 CRUISING YACHT CLUB OF AUSTRALIA ANNUAL REPORT YEAR END MARCH 31 2019 CRUISING YACHT CLUB OF AUSTRALIA ANNUAL REPORT YEAR END MARCH 31 2019 33 Notes to the Financial Statements for the financial year ended 31 March 2019 (continued) Notes to the Financial Statements for the financial year ended 31 March 2019 (continued)
11. Property, plant and equipment 12. Trade and other payables
Leasehold Plant and 2019 2018 Boats improvements equipment Total $ $ At cost (a) At cost (a) At cost (a) $ $ $ $ Trade payables (i) 726,667 543,126
Cost Marina deposits from tenants 346,601 344,569
Balance at 31 March 2017 17,578,469 1,510,964 2,144,873 21,234,306 GST payable 13,641 - Additions 3,173,822 53,259 528,157 3,755,238 Other payables and accrued expenses 276,922 205,041 Disposals - - (94,673) (94,673) 1,363,831 1,092,736 Balance at 31 March 2018 20,752,291 1,564,223 2,578,357 24,894,871
Additions 7,611,744 35,146 23,602 7,670,492 (i) The average credit period on trade payables is 30 days. There is no interest charged on trade or other payables.
Disposals (57,458) - - (57,457) 13. Provisions Adjustments/transfers 940,115 - - 940,115 2019 2018 Balance at 31 March 2019 29,246,693 1,599,369 2,601,959 33,448,021 $ $
Current
Accumulated depreciation and Employee benefits (a): 197,043 193,381 Amortisation Make good provision (b) : 187,714 1,725,235 Balance at 31 March 2017 11,061,271 925,347 1,260,623 13,247,241
Charge for the year 744,237 118,447 249,226 1,111,910 384,757 1,918,616
Disposals - - (81,775) (81,775) Non-current
Balance at 31 March 2018 11,805,508 1,043,794 1,428,074 14,277,376 Employee benefits (a): 163,672 156,631
Make good provision (b): 5,631,422 3,068,193 Charge for the year 640,332 133,940 240,396 1,014,669 5,795,094 3,224,824 Disposals - - - -
Adjustments/transfers 30,326 - - 30,326 Information about individual provisions and significant estimates:
Balance at 31 March 2019 12,476,166 1,177,734 1,668,470 15,322,371 (a) Employee benefits The provision for employee benefits relates to Cruising Yacht Club of Australia’s liability for long service leave and annual leave.
(b) Site restoration make good provision Net book value Cruising Yacht Club of Australia is required to restore the leased sites to their original condition at the end of the respective lease terms. Balance at 31 March 2018 8,946,783 520,429 1,150,283 10,617,495 A provision has been recognised for the present value of the estimated expenditure required to remove any leasehold improvements. These costs have been capitalised as part of the cost of leasehold improvements and are amortised over the shorter of the term of Balance at 31 March 2019 16,770,527 421,635 933,488 18,125,650 the lease or the useful life of the assets.
Movements in Provisions
(a) Additions for the year ended 31 March 2019 include the following work-in-progress balances: Movements in each class of provision during the financial year, other than employee benefits, are set out below:
Work-in-progress balances classified as Property, plant and equipment at 31 March 2019: 2019 2018 $ $
$ Current year site restoration make good provision movement: Balance at 1 April 4,793,428 4,946,992 Leasehold Improvements 7,611,744 Unwind of discount 103,367 103,367 Total 7,611,744 Changes in existing make good provisions 922,341 (256,931)
Balance at 31 March 5,819,136 4,793,428
34 CRUISING YACHT CLUB OF AUSTRALIA ANNUAL REPORT YEAR END MARCH 31 2019 CRUISING YACHT CLUB OF AUSTRALIA ANNUAL REPORT YEAR END MARCH 31 2019 35 Notes to the Financial Statements for the financial year ended 31 March 2019 (continued) Notes to the Financial Statements for the financial year ended 31 March 2019 (continued)
14. Borrowings (c) Financial risk management objectives The Directors manage the financial risks relating to the operations of the company. These risks include credit risk and liquidity risk. 2019 2018 The company does not enter into or trade financial instruments, including derivative financial instruments, for speculative purposes. $ $ (d) Market risk Current The company’s only exposure to market risk is the effect of changes in interest rates which would affect interest received. There has Bank loans 768,552 181,673 been no change to the company’s exposure to market risks. (e) Liquidity risk Non-current Ultimate responsibility for liquidity risk management rests with the board of directors. The company manages liquidity risk by Bank loans 2,563,284 310,296 maintaining adequate cash balances and monitoring forecasts and actual cash flows. The following table details the company’s remaining contractual maturity for its non-derivative financial liabilities. The table has been drawn up based on the undiscounted cash 3,331,836 491,969 flows of financial liabilities including interest based on the earliest date on which the company can be required to pay.
15. Retained profits Weighted Less than 1 3 months More than Financial average 1 to 3 months 1 to 5 years Total month to 1 year 5 years 2019 2018 Liabilities effective $ $ $ $ $ $ $ $ interest rate
Balance at 1 April 8,055,392 8,128,979 2019 Fixed interest Total recognised income and expenses (1,018,873) (73,587) rate
Balance at 31 March 7,036,519 8,055,392 Borrowings 4.48% 67,602 248,839 537,290 2,478,105 - 3,331,836
16. Financial instruments Non-interest (a) Capital risk management bearing The capital structure of the company includes cash and cash equivalents and retained earnings. Trade and other 354,006 359,815 12,856 - - 726,677 The company has an existing loan facility with Westpac and three hire purchase agreements with Sharp. payables
(b) Categories of financial instruments 360,766 644,654 550,146 2,478,105 - 4,058,513
2018 2019 2018 $ $ Fixed interest rate Financial assets Borrowings 2.06% 19,191 38,382 125,909 308,487 - 491,969 Trade and other receivables 767,563 388,072
Cash and cash equivalents 85,949 4,204,256 Non-interest bearing
Trade and other 1,092,736 - - - - 1,092,736 Financial liabilities payables
Loans and payables 3,331,836 491,969 1,111,927 38,382 125,909 308,487 - 1,584,705
Trade and other payables 1,363,831 1,092,736
The carrying amount reflected above represent the company’s maximum exposure to credit risk for such loans and receivables.
36 CRUISING YACHT CLUB OF AUSTRALIA ANNUAL REPORT YEAR END MARCH 31 2019 CRUISING YACHT CLUB OF AUSTRALIA ANNUAL REPORT YEAR END MARCH 31 2019 37 Notes to the Financial Statements for the financial year ended 31 March 2019 (continued) Notes to the Financial Statements for the financial year ended 31 March 2019 (continued)
The following table details the company’s expected maturity for its non-derivative financial assets. The table has been drawn up based 17. Commitments on the undiscounted contractual maturities of the financial assets including interest that will be earned on those assets except where the company anticipates that the cash flow will occur in a different period. 2019 2018 Note $ $ Weighted Less than 1 3 months More than Non-cancellable operating lease expense commitments Financial average 1 to 3 months 1 to 5 years Total month to 1 year 5 years Future operating lease commitments not provided for in the Liabilities effective $ $ $ financial statements and payable: $ $ $ interest rate Within one year 695,039 295,039 2019 One year or later and no longer than five years 1,180,158 Variable interest 2,780,158 rate Later than five years 17,375,987 7,671,027 Cash and cash 85,949 - - - 85,949 equivalent - 20,851,184 9,146,224
Other deposits These commitments represent the two leases that the Club benefit from – the ‘land lease’ for the property occupied by the clubhouse Non-interest and the ‘wet lease’ for the water area utilised by the marina. Following the expiration of these leases, the Club executed a new ‘wet bearing lease’ during the previous financial year with Roads and Maritime Services that extends until 30 June 2049 and a new ‘land lease’ with Trade and other the State of New South Wales during the current financial year. The ‘land lease’ will also run until 2049, co-terminus lease dates being 26,141 703,561 26,324 - - 756,026 debtors non-negotiable requirements of the State Government.
112,090 703,561 26,324 - - 841,975 18. Net cash provided by operating activities 2018
Variable interest 2019 2018 rate $ $
Cash and cash Reconciliation of net cash flows to operating activities: 1,225,036 - - - 1,225,036 equivalent (Loss) for the year (1,018,873) (73,587) Term deposit 1.83% 891,649 2,087,571 - - - 2,979,220 Depreciation and amortisation expense 1,044,995 1,111,910 Non-interest bearing Interest income (10,223) (348,823) Trade and other 40,739 119,141 54,590 - - 214,470 debtors Changes in net assets and liabilities:
2,137,424 2,206,712 54,590 - - 4,418,726 (Increase) / Decrease in trade and other receivables (367,954) 152,882
(Increase) / Decrease in inventories (33,283) 40,262 (f) Fair value (Increase) / Decrease in other assets (98,186) 65,836 The carrying amount of the financial assets and financial liabilities represents a reasonable approximation of fair value. Increase / (Decrease) in trade payables (40,095) (g) Credit risk 271,095
Credit risk refers to the risk that a counterparty will default on its contractual obligations resulting in financial loss to the company. To Increase / (Decrease) in provisions 1,036,411 (146,502) the extent the company has a receivable from another party there is a credit risk in the event of non-performance by that counterparty. Increase in other liabilities 772,308 295,453 Financial instruments, which potentially subject the company to credit risk solely consist of trade and other receivables. The company has adopted a policy of only dealing with creditworthy counterparties as a means of mitigating the risk of financial loss from defaults. Net cash provided by operating activities 1,596,290 1,057,336
The carrying amount of the financial assets recorded in the financial statements, net of any allowances for losses, represents the company’s maximum exposure to credit risk, without taking account of the value of any collateral obtained. The company does not 19. Key management personnel have any significant credit risk exposure to any single counterparty or any group of counterparties having similar characteristics.
The following were key management personnel of the company at any time during the reporting period, and unless otherwise indicated, were for the entire period:
Non-executive Directors P. Billingham, N. Cornish, A. Lane, J. Treleaven, S. Haynes, L. Klohs, J. Atkinson, D. Jacobs, B. Kellett
Executive K. Grega (until 11 January 2019) E. Moore (from 14 January 2019)
38 CRUISING YACHT CLUB OF AUSTRALIA ANNUAL REPORT YEAR END MARCH 31 2019 CRUISING YACHT CLUB OF AUSTRALIA ANNUAL REPORT YEAR END MARCH 31 2019 39 Notes to the Financial Statements for the financial year ended 31 March 2019 (continued) Notes to the Financial Statements for the financial year ended 31 March 2019 (continued)
Transactions with key management personnel 22. Auditor’s remuneration
Non-executive directors have not received any remuneration from the Company during the year. 2019 2018 The key management personnel compensation included in “Employee and employment expenses” are as follows: $ $ Audit services 2019 2018 $ $ Audit and review of the financial report 57,750 54,000
Short-term employee benefits 250,003 272,089 Other services
Termination benefits 32,803 - Taxation services - 3,000
282,806 272,089 57,750 57,000
Apart from the details disclosed in this note, no director has entered into a material contract with the company or since the end of the The auditor of Cruising Yacht Club of Australia for the year ended 31 March 2018 and 31 March 2019 was PricewaterhouseCoopers. previous financial year and there were no material contracts involving directors’ interests existing at year-end. 23. Segment information From time to time, directors of the company, or their director-related entities, may purchase goods and services from the company. These purchases are on the same terms and conditions as those entered into by other company employees or customers and are The Club’s principal place of business and registered office is situated at 1 New Beach Road, Darling Point. The Club operates from trivial or domestic in nature. these premises to promote participation in yachting including the sport of sailing and to provide ocean racing facilities, training and other yachting facilities and competition for its members. 20. Related Parties Information reported to the chief operating decision maker for the purposes of resource allocation and assessment of segment performance focuses on types of goods or services delivered or provided. The chief decision maker of the entity reviews the (a) Transactions with key management personnel financial information split by segment for revenue but the expenses information is received by expense category. Therefore, only revenue per segment has been included below. Transactions with key management personnel are disclosed in Note 19 to the financial statements. The following is an analysis of the revenue by reportable segment. (b) Transactions with other related parties
Other related parties include: 2019 2018 $ $ • CYCA SOLAS Trust Sales revenue – bar, food and merchandise sales 2,666,823 2,374,942 • CYCA Sydney Hobart Yacht Race Safety of Life at Sea Trusts Subscription revenue 1,132,335 1,106,700 The Company is the sole member of CYCA SOLAS Limited; a Company limited by guarantee which is the trustee of the CYCA Sydney Hobart Yacht Race Safety of Life at Sea Trusts. The administration of the CYCA Sydney Hobart Yacht Race Safety of Life at Sea Trusts Marina revenue 2,785,105 2,737,035 is under the control of the separate board of CYCA SOLAS Limited. The trustee company has a right to be indemnified out of the assets of the trust to satisfy liabilities properly incurred by the trustee. As at 31 March 2019 the outstanding liabilities committed by the Rental income 84,947 88,882 trustee on behalf of the trust totalled $nil (2018: $nil). The assets of the trust are sufficient to meet this commitment. In the event that CYCA SOLAS Limited is wound up and unable to repay all outstanding debts, the liability of its members is limited to an amount of $10. Sailing activities 2,283,224 2,213,725
Payments to related parties Interest revenue 10,223 91,891
• Donations payable to the CYCA SOLAS Trust during the year were $52,000 (2018: $52,000). Other revenue - 256,931
• Expenses paid on behalf of the CYCA SOLAS Trust during the year were $nil (2018: $1,058). 8,962,657 8,870,106
Segment revenue reported above represents revenue generated from external customers. There were no inter-segment sales in 21. Contingent liabilities the current year (2018: $nil).
Bank guarantees 24. Going concern The company has given away the following bank guarantees: At 31 March 2019, the Company had a loss after tax of $1,018,873 (2018: loss of $73,587) and the Company’s current liabilities 2019 2018 exceeded its current assets by $2,730,753 (2018: positive working capital of $973,017). The Company however generated positive $ $ cash inflows from operations of $1,596,290 (2018: cash inflows $1,057,336) for the year ended on that date. The negative working capital position was due to the deferred income of $1,349,206 (2018: 576,898) and the current portion of the make good provision NSW Department of Industry 220,000 - of $187,714 (2018: $1,725,235) recognised in the financial statements.
Roads and Maritime Services 81,136 - It is deemed that the deferred income and the make good provision is purely an accounting balance and will not result in future cash outflows to the Company. Further, the Company is forecast to generate operating profits and positive operating cash flows for the year ending 31 March 2020. Accordingly the financial report has been prepared on a going concern basis which assumes continuity of normal business activities and the realisation of assets and the settlement of liabilities in the ordinary course of business.
40 CRUISING YACHT CLUB OF AUSTRALIA ANNUAL REPORT YEAR END MARCH 31 2019 CRUISING YACHT CLUB OF AUSTRALIA ANNUAL REPORT YEAR END MARCH 31 2019 41 Notes to the Financial Statements for the financial year ended 31 March 2019 (continued)
25. Subsequent events
There has not arisen in the interval between the end of the financial year and the date of this report any item, transaction or event of a material or unusual nature likely, in the opinion of the directors of the company, to affect significantly the operations of the company, the results of those operations, or the state of affairs of the company, in future financial years.
DIRECTORS’ 2018 / 2019 DECLARATION for the financial year ended 31 March 2019
In the directors’ opinion:
(a) the financial report and notes set out on pages 24 to 42 are in accordance with the Corporations Act 2001, including:
(i) c omplying with Australian Accounting Standards, the Corporations Regulations 2001 and other mandatory professional reporting requirements, and
(ii) giving a true and fair view of the company’s financial position as at 31 March 2019 and of its performance for the financial year ended on that date, and
(b) there are reasonable grounds to believe that the company will be able to pay its debts as and when they become due and payable.
This declaration is made in accordance with a resolution of the directors.
P Billingham A Lane Commodore Treasurer Sydney, 18 June 2019 Sydney, 18 June 2019
42 CRUISING YACHT CLUB OF AUSTRALIA ANNUAL REPORT YEAR END MARCH 31 2019 CRUISING YACHT CLUB OF AUSTRALIA ANNUAL REPORT YEAR END MARCH 31 2019 43 CORE AND NON-CORE PROPERTY 2018 / 2019 Pursuant to Section 41J(2) of the Registered Clubs Act for real property and associated marina owned or occupied by financial year ended 31 March 2019. the company at 1 New Beach Road Darling Point NSW.
The core property of the company, as that term is described The land area is owned by the Crown. MEMBER LIST in Section 41J(2) of the Registered Clubs Act, comprises all the
SUPPLEMENTARY INFORMATION RELATING TO FINANCIAL PERFORMANCE for the year ended 31 March 2019
2019 2018 2016
Administration
Subscriptions Received 1,132,335 1,106,700 1,018,119
Clothing Sales 174,275 202,073 172,990
Property Rental 84,947 88,882 162,004
Sundry Income & Interest 65,356 151,741 354,846
1,456,913 1,549,395 1,707,958
Less Consolidated Expenses 4,844,545 4,135,711 122,945
(3,387,632) (2,586,316) 1,585,013
Food & Beverage
Bars 1,953,694 1,823,239 1,924,121
Commissions Received 167,236 147,811 171,911
Functions 316,485 384,355 314,444
2,437,415 2,355,405 2,410,475
Less Consolidated Expenses 1,976,369 1,777,209 2,724,001
461,046 578,196 (313,526)
Yard & Marina
Marina 1,915,157 1,806,874 1,645,055
Other Income 869,948 805,175 870,979
2,785,105 2,612,048 2,516,033
Less Consolidated Expenses 1,055,418 764,358 2,278,116
1,729,687 1,847,690 237,918
Sailing Activities
Youth Sailing Academy 383,844 353,011 376,052
Season Sailing 328,539 225,414 295,326
Major Races 1,570,841 1,644,306 1,561,899
2,283,224 2,222,731 2,233,277
Less Consolidated Expenses 2,105,198 2,134,733 3,672,201
178,026 87,999 (1,438,924)
Operating (loss) / Profit for the Year (1,018,873) (73,587) 70,481
44 CRUISING YACHT CLUB OF AUSTRALIA ANNUAL REPORT YEAR END MARCH 31 2019 CRUISING YACHT CLUB OF AUSTRALIA ANNUAL REPORT YEAR END MARCH 31 2019 45 MEMBER LIST MEMBER LIST (CONT)
SURNAME INITIAL YEAR JOINED ATKINSON H 2018 BEMBRICK D 1991 BROAD I 1978 CAMPBELL OAM P 1971 COLE F 2018 COYLE A 1986 DE TORRES H 1976 ABBISS S 2016 ATTWOOD R 2016 BENCSIK M 1988 BROADHURST S 1986 CAMPBELL-WILLIAMS D 2011 COLEMAN J 1997 CRADDOCK F 1994 DE TORRES A 1997 ABBOTT A 1999 AY C 2013 BENCSIK A 1994 BROCK C 2018 CANTONI V 2010 COLEMAN OAM J 2001 CRADDOCK N 2008 DEITZ A 2018 ABBOTT J 2000 AYTO M 2014 BENDALL R 2001 BRODZIAK J 1965 CANTONI S 2011 COLENSO M 2006 CRAFOORD C 2001 DELANEY M 1984 ABBOTT B 2016 AZIZ S 2015 BENDER M 2017 BROEKHUIZEN N 2008 CAPELL S 2013 COLFELT D 1972 CRAIG R 2019 DELEGAT J 2015 ABBOTT B 2017 BABINGTON-LEES V 2012 BENNETT A 1996 BROOKS J 1971 CARDOW-CLINTON K 2001 COLFELT A 2008 CRANE S 2005 DELEGAT K 2015 ABBOTT E 2017 BADGERY W 2013 BENNETT G 1998 BROOKS K 1986 CARGILL L 2016 COLLETT P 2017 CRANITCH M 1997 DELEGAT J 2016 ABERCROMBIE B 2017 BAFFSKY D 1988 BENNETT J 2001 BROOKS C 2016 CARLESS S 2008 COLLIBEE S 1998 CRAVEN A 1986 DELVILLE D 2018 ABOLINS H 2017 BAILEY M 1987 BENNETT K 2015 BROOM S 1988 CARLESS E 2011 COLLINS P 1984 CRAWFORD C 2005 DENISON H 1984 ABRAHAM J 1982 BAILLIE S 2015 BENNETTS J 2014 BROOMAN M 2008 CARNEY G 2012 COLLINS M 1998 CRAWFORD J 2015 DENMAN M 2018 ADAMS N 1995 BAILLIE T 2019 BERGER P 2013 BROOMAN N 2009 CARNEY B 2015 COLLINS L 2001 CRAWFORD J 2018 DENNIS B 2015 ADAMS D 1999 BAILLIEU W 2015 BERGMAN M 2004 BROUGHTON P 1997 CARPENTER J 1982 COLLINS S 2010 CRAWFORD A 2018 DENNIS M 2016 ADAMS R 1999 BAIN J 1990 BERGMAN J 2004 BROUGHTON M 1998 CARPENTER E 1994 COLLINS L 2014 CRAWFORD B 2018 DENT G 2015 ADAMS B 2013 BAIN J 2010 BERNABEI R 2001 BROWN E 1994 CARR B 1984 COLLINS D 2015 CREBIER D 2019 DENTON-BURKE A 2013 ADAMS R 2015 BAIRD P 1991 BERRY K 2007 BROWN R 1999 CARR A 1999 COLLINS E 2015 CREEDEN M 2014 DEPUYDT L 2008 ADLER J 2018 BAKER R 1996 BETHWAITE H 2015 BROWN R 2002 CARR R 2008 COLLINS S 2015 CREENAUNE C 2015 DERHAM C 2008 ADRIAANSE E 1995 BAKER P 2008 BETTINI A 2011 BROWN S 2006 CARR S 2013 COLLIS B 1994 CRIBB A 2007 DERMODY E 1957 AINSWORTH S 1997 BAKER R 2013 BETTINI N 2013 BROWN D 2008 CARRICK B 1984 CONLON S 1999 CRICHTON N 1985 DEVERY B 1970 AINSWORTH N 1998 BAKER D 2016 BETTINI P 2017 BROWN A 2010 CARRICK J 2019 CONLON C 2017 CRICHTON-BROWN A 2018 DEVERY P 2009 AITKEN E 2012 BALAFAS J 2015 BEVAN H 2013 BROWN M 2010 CARTER L 1972 CONLON S 2017 CROFT M 2005 DEVERY T 2009 ALCORSO J 2016 BALDERSTONE J 2005 BEVERIDGE T 2015 BROWN A 2011 CARTER K 2009 CONNAL C 2008 CROFT C 2008 DEXTER R 1995 ALDRIDGE C 2012 BALESTRINI G 2012 BILLINGHAM P 2001 BROWN D 2014 CARTER C 2017 CONNELL L 1992 CRONE M 2009 DICKER G 2011 ALEXANDER M 1977 BALESTRINI M 2013 BILSEL G 1999 BROWN C 2015 CASEY T 1995 CONNELLAN S 2012 CRONES N 2016 DICKSON D 1963 ALEXANDER M 2015 BALGOBIND V 2018 BIRDSALL S 1999 BROWN M 2015 CASEY J 2015 CONNELLY S 2015 CROOK J 2015 DICKSON S 2016 ALEXANDER J 2018 BALICKI S 2006 BIRDSALL J 2003 BRUCE A 2007 CASEY A 2017 CONNOLLY J 1976 CROOKSHANKS S 1998 DIETHELM J 1961 ALEXANDER J 2018 BALZER R 1995 BIRMINGHAM A 2016 BRUCE W 2018 CASSIDY P 1994 CONNOLLY A 1985 CROOKSHANKS L 1998 DIETHELM T 2008 ALEXANDER R 2018 BAMBER R 1972 BISHOP D 2013 BRUCE OAM R 1999 CASSIM N 1960 CONNOLLY J 1998 CROPLEY G 1993 DIETHELM S 2014 ALISALO S 2009 BANGEL K 2014 BLACK N 2012 BRUSH D 2012 CASSIM G 1972 CONNOLLY M 2019 CROWTHER P 2014 DIETRICH W 1981 ALLAN J 1973 BANIC Z 2017 BLACKMORE M 2011 BRYDON L 2012 CASTLE D 2018 CONNORS M 2019 CUCINOTTA J 2014 DILLON S 2002 ALLAN S 2001 BANKS D 1996 BLACKMORE A 2015 BRYERS J 2015 CAVANAGH P 2018 CONROY E 2017 CULLEN M 2016 DIMARAS T 2005 ALLAN J 2006 BANKS A 2004 BLACKMORE L 2015 BUCHANAN C 2013 CAWSE R 1973 CONWAY A 2016 CULPAN D 1999 DIMOS F 2018 ALLAN V 2018 BANNISTER C 2016 BLAIR N 1996 BUCKLEY A 2009 CAWTHORN D 1999 COOK J 1985 CULSHAW J 2015 DIMUNNO M 2014 ALLANSON R 2015 BARKER J 2003 BLAIR J 1996 BUCKMAN B 2013 CEMBALA T 2010 COOK R 1986 CUMMINS W 1996 DIXON C 1993 ALLATT J 2015 BARKER T 2004 BLAIR L 1996 BULGIN M 2014 CHAFFER M 2015 COOK A 1997 CUNNINGHAM R 2015 DIXON B 2008 ALLEN R 1970 BARKER D 2008 BLAIR T 1996 BULGIN Z 2014 CHALLIS P 2013 COOK C 2001 CUPIT C 2017 DIXON B 2014 ALLEN M 1999 BARKER M 2009 BLAIR E 2010 BULL C 2001 CHALLIS M 2013 COOK J 2001 CURNOW D 2003 DIXON J 2015 ALLEN F 1999 BARKER K 2017 BLAIR L 2017 BUNN J 1998 CHALMERS B 2019 COOKE A 2008 CURRAN C 1993 DIXON D 2017 ALLEN B 2001 BARLOW S 1995 BLAKE M 2016 BUNTER R 2004 CHALMERS M 2019 COOLEY A 1974 CURRIE D 1977 DIXON G 2017 ALLEN E 2001 BARNES A 1999 BLAKEMORE J 2005 BURGESS J 1997 CHAMPION DE CRESPIGNY AM R 1994 COOLEY M 1999 CURRIE R 2001 DIXON K 2018 ALLEN J 2002 BARNES A 2001 BLANCH A 1992 BURGESS K 2015 CHAMPTALOUP D 1997 COOLEY J 2001 CURRIE D 2004 DOCK J 1998 ALLEN P 2004 BARNES J 2005 BLANC-RAMOS R 2012 BURGESS J 2016 CHAPMAN H 2009 COOMBES W 1997 CURTIS J 1996 DOCK P 2005 ALLEN K 2004 BARNES R 2005 BLANC-RAMOS T 2012 BURKE T 2000 CHAPMAN C 2010 COOMBS P 2004 CURTIS C 2013 DOEL R 1998 ALLEN R 2018 BARNES N 2015 BLANN S 2008 BURKE E 2008 CHAPMAN D 2012 COONEY J 2010 CUTTING M 2019 DOFF R 2009 ALLISON C 2012 BARNES P 2017 BLASCHKA R 2013 BURLING N 2000 CHAPMAN P 2015 COONEY D 2010 DAGGER C 1985 DOIG N 2012 ALVES DO NASCIMENTO FILHO A 2017 BARRETT J 1977 BLAXELL M 2000 BURNS I 2009 CHAPPELL K 2014 COONEY F 2010 DAGGER C 2012 DOIG N 2014 AMERY S 2001 BARRETT S 2001 BLOW S 1985 BURNS M 2009 CHAPPELL J 2019 COONEY J 2010 DAGWORTHY M 2008 DOLPHIN A 2006 AMES A 2016 BARRETT AO CSC RAN T 2012 BLUMER M 1988 BURNS R 2013 CHARLTON S 2015 COONEY J 2010 DAHL J 2005 DOLPHIN S 2006 AMOS J 2012 BARRINGTON T 2015 BLUNCK W 1993 BURRELL J 2008 CHARODY P 1977 COONEY M 2010 DAISLEY J 2010 DOLPHIN G 2009 ANDERSON M 1989 BARRINGTON S 2016 BLUNDELL C 2008 BURT D 2012 CHARODY J 1998 COOPER M 1995 DAISLEY H 2011 DOMINGUEZ J 2006 ANDERSON M 1992 BARTELS N 2003 BOEKEMANN D 2007 BURT A 2015 CHEN A 2015 COOPER A 1996 DALE I 1984 DOMINGUEZ A 2010 ANDERSON J 2009 BARTER G 1975 BOERS J 2017 BUSH P 1986 CHEN M 2015 COOPER R 1998 DALE A 2015 DOMINGUEZ S 2019 ANDERSON M 2013 BARTER J 1976 BOERS X 2017 BUSH A 2018 CHEN C 2017 COOPER D 1999 DALE V 2018 DONALD M 2018 ANDERSON T 2013 BARTER P 2018 BOESENBERG C 2015 BUSTEED A 2015 CHEN A 2017 COOPER G 2003 DALGLIESH-QUINN S 1994 DONOVAN G 2007 ANDERSON L 2016 BARTLEY A 2018 BOETTCHER G 2009 BUTCHER N 2016 CHERRY J 2002 COOPER S 2015 DALRYMPLE J 2018 DOOLEY L 1987 ANDERSON R 2016 BARTRUM J 2015 BOHM S 2009 BUTLER B 1997 CHILDERS J 2015 COOPER A 2015 DALTON D 2006 DORAN P 1999 ANDREWS S 1992 BARTTER D 1995 BOHM J 2017 BUTLER A 2008 CHOWN A 1986 COOPER J 2019 DAMMANN A 1996 DORAN D 2017 ANDREWS J 2010 BASAK O 2018 BOLLEN P 1981 BUTLER K 2009 CHRISTIAN J 2003 COOPES A 2001 DANDOLO M 2017 DORENFEST L 2016 ANDREWS R 2017 BASTICK M 2003 BOND S 2001 BUTLER J 2015 CHRISTIE P 2007 COOREY J 2005 DARBY L 2011 DOUMANI G 2019 ANET J 2015 BATES P 1974 BONJEAN R 2018 BUTLER R 2015 CHRISTIE B 2012 COPELAND M 1977 DARE C 2006 DOUMANI J 2019 ANGUS A 2014 BATES A 2007 BONUS G 2002 BUTTERWORTH M 2018 CHUA C 2010 COPLAND B 2003 DASH K 2009 DOUMANI T 2019 ANIDO A 2018 BAUCHOP G 2014 BOOTH C 1994 BUTTERY B 1981 CHUA H 2014 COPLEY A 1982 DAVEN G 2006 DOWLING H 1992 ANKER M 2004 BAVIN P 1989 BOOTH C 2014 BUTTERY G 2013 CHURCHILL S 2019 COPP D 1986 DAVEY D 2011 DOWNEY M 2018 ANSON J 2014 BAYLISS J 1985 BOOTH J 2015 BUTTON I 2014 CLAGUE H 2015 COPPIN A 2005 DAVIES M 1988 DOYLE D 1994 ANTIPAS G 2003 BBBAGE S 2014 BORA M 2016 BUTTROSE E 1997 CLARE G 2015 CORBETT J 2008 DAVIES V 1988 DOYLE A 2017 APPLEBY G 1980 BEAK D 2002 BOUKATOS S 2015 BYRNE Y 2003 CLARK R 1983 CORDINGLEY J 2015 DAVIES D 1996 DOYLE M 2018 APPLEYARD P 2005 BEAL D 1989 BOURKE P 1990 BYRNE A 2004 CLARK D 2004 CORKE A 1986 DAVIES L 1998 DRAKE-BROCKMAN P 2005 APTER R 2015 BEAL B 2010 BOURKE C 2019 BYRNE E 2016 CLARK M 2015 CORLESS A 2015 DAVIES F 2001 DREDGE H 1982 APTER M 2015 BEALE N 2001 BOWKER J 1999 BYRON S 1996 CLARK P 2018 CORLETTE M 2008 DAVIES S 2001 DREDGE P 2016 ARANDT G 2018 BEALE D 2002 BOX J 1981 CABBLE R 1998 CLARKE B 1998 CORNELL C 2005 DAVIES J 2018 DRENT M 1977 ARANDT M 2018 BEALES P 1998 BOYCE M 2016 CABLE A 1964 CLEGG S 2014 CORNER J 1966 DAVIS P 1996 DREW E 1966 ARANDT Z 2018 BEARMAN R 1975 BOYLE C 1988 CABLE R 2015 CLEGG-HEATH S 2014 CORNISH AM N 2002 DAVIS R 2016 DREW R 1993 ARMAN B 2018 BEATON J 2001 BOYS J 2015 CAESAR C 2014 CLEMENTS M 1981 CORRIGAN P 1967 DAVIS-SLADE J 1984 DREW E 1998 ARMAN U 2018 BEATON E 2002 BRADDOCK I 1981 CAIE S 2008 CLIFT T 2012 COSGROVE AK MC P 2018 DAVY W 1995 DREW J 1998 ARMSTRONG G 2016 BEATTY G 2016 BRADEN K 2014 CAINE D 2011 CLINTON J 1997 COTMAN N 2015 DAW B 2018 DREW R 2014 ARMSTRONG J 2016 BEAUMONT-HUTCHINGS C 2010 BRADNER-LEE M 2018 CALDWELL M 1995 CLINTON B 1999 COTMAN C 2015 DAWSON I 1998 DRISCOLL K 2001 ARMSTRONG A 2018 BEAVER T 2017 BRADSHAW J 1998 CALDWELL E 1997 CLINTON J 2003 COTTEE AO K 1993 DAWSON R 2012 DROLZ E 2018 ARMSTRONG-SMITH N 1995 BEDDING B 2017 BRADY G 2015 CALDWELL F 1997 CLINTON Z 2006 COTTIER M 2018 DAWSON P 2015 DRUERY B 2011 ARMSTRONG-SMITH D 2017 BEDGGOOD N 1999 BRAIN J 1999 CALDWELL M 1997 CLITHEROE V 2006 COTTON G 2001 DAWSON M 2019 DRUMMOND S 2012 ARNOTT G 2016 BEESLEY H 2019 BRAITHWAITE-YOUNG J 2008 CALDWELL B 2002 CLITHEROE AM P 2006 COTTON P 2001 DAY O 1985 DRURY R 2015 ARNOTT V 2017 BEGG M 2012 BRASHER R 1994 CALFAS G 2008 CLOUT T 2007 COTTON D 2005 DE BONO A 2009 DUBE G 2014 ARNOUTS R 2002 BEGG L 2015 BRAY AM G 2010 CALKIN J 2001 CLUBB A 1975 COTTON L 2005 DE BOOS B 2015 DUBOIS B 2007 ARTHY I 2010 BEGLEY I 2013 BREIT R 2007 CALLAGHAN M 1995 COCHINEAS G 2009 COWAN C 1980 DE COSTER D 2018 DUFF F 2013 ASCHE P 1993 BEILBY W 1986 BRENAC R 1967 CALVERT-JONES J 1988 COCHINEAS M 2014 COWEN G 1981 DE DIESBACH E 2015 DUFF R 2017 ASHLEY-JONES M 2007 BELCHER D 2014 BRENAC K 2015 CAMACHO R 2018 COCHINEAS P 2014 COWPE J 2003 DE GROOT M 2010 DUFFELL I 2005 ASKEW AM G 1996 BELCHER L 2014 BRENCHLEY J 2006 CAMERON M 1980 COCHRANE A 1993 COX P 1969 DE LA VEGA J 1979 DUFFY A 2015 ASTUDILLO G 2010 BELCHER E 2017 BRENNAN D 1997 CAMERON J 1998 COHEN R 2006 COX O 1994 DE MESTRE M 2018 DUGGAN D 1978 ATAKLIYAN A 2017 BELGIORNO-NETTIS L 2004 BREUER A 2017 CAMERON J 1999 COHEN G 2011 COX P 1998 DE MEYRICK A 2003 DUGGAN P 2006 ATHANASERIS G 2009 BELL M 1983 BREWER W 2018 CAMERON R 1999 COHEN J 2015 COX B 2008 DE MEYRICK A 2003 DULIEU R 2016 ATKINS T 2005 BELL A 2011 BRIAND P 2017 CAMERON A 2015 COLE M 1975 COXELL M 2016 DE MEYRICK A 2006 DUNCAN F 2017 ATKINSON J 2014 BELLINGHAM M 1998 BRINKMANN V 2017 CAMILLERI K 2008 COLE J 1998 COXON M 1985 DE MONTGOLFIER M 2015 DUNLOP S 2016
46 CRUISING YACHT CLUB OF AUSTRALIA ANNUAL REPORT YEAR END MARCH 31 2019 CRUISING YACHT CLUB OF AUSTRALIA ANNUAL REPORT YEAR END MARCH 31 2019 47 MEMBER LIST (CONT) MEMBER LIST (CONT)
JANKOWSKI J 2015 DUNLOP G 2017 FERGUSON R 2015 GALE A 2017 GRACIE M 2017 HALL R 2018 HEARD C 2011 HOWARD I 2016 JARDINE S 2018 DUNN E 1999 FERGUSON S 2018 GALLAGHER M 1984 GRACIE E 2017 HALL H 2018 HEARDER A 1976 HOWE G 1997 JARRETT J 1999 DUNN A 2006 FERRIS W 1979 GALLAGHER M 1997 GRACIE O 2017 HALL A 2019 HEATH D 2008 HOWE C 2012 JARRETT T 1999 DUNN M 2009 FEWSTER D 1998 GALLAGHER R 2009 GRAHAM D 1980 HALLS G 1976 HEATH N 2018 HOWES P 1966 JARVIN S 1981 DUNN M 2017 FEYEN G 2013 GALLAWAY L 2014 GRAHAM L 2006 HALLS L 1978 HEDBERG W 2016 HOWES S 2003 JEBKEN C 2014 DUNPHY A 2003 FIELD B 2014 GALLETTO M 2000 GRAHAM A 2010 HALVORSEN N 2015 HEEPS R 2009 HOWISON K 1977 JEFFREY B 2003 DUNPHY D 2019 FIELDING R 1999 GALVIN M 2014 GRAHAM J 2012 HAMILTON G 2008 HEGH A 2017 HOWSE W 2005 JENKINS B 2000 DUPREE J 1998 FILBY B 2008 GAMBACORTI B 1981 GRAHAM L 2013 HAMPTON T 2012 HEHIR V 1999 HOWSE J 2005 JENKINSON P 1988 DURRAN M 2007 FILDES L 2019 GAMBLE J 1997 GRANT C 1995 HANCOCK P 1998 HEILIGERS H 1994 HUANG F 2011 JERVIS P 2002 DUSSELDORP T 1979 FILDES S 2019 GAMULIN L 2015 GRANT R 1998 HAND D 2013 HEININGER R 1991 HUANG X 2018 JOHNS M 2016 DUSTING J 2014 FINCH P 1998 GANNAN T 2017 GRANT S 2010 HANDLIN AO D 2004 HEMERY J 2001 HUDSON S 1993 JOHNS S 2017 DWYER C 2018 FINCH A 2018 GARAVAN K 1998 GRANT S 2017 HANDS D 1985 HEMMING J 2003 HUDSON K 2007 JOHNSON P 1973 DYMET B 2011 FINDLAY J 1997 GARDINER P 1999 GRANTHAM T 2017 HANKIN P 1967 HEMPEL S 1997 HUDSON J 2015 JOHNSON B 1999 DYMET J 2011 FINKELSTEIN M 2014 GARDNER P 1985 GRAY J 2001 HANLEY D 1997 HENDERSON R 1999 HUGHES L 1997 JOHNSON T 2002 EADIE P 1978 FINLEY D 2010 GARDNER L 2017 GREATHOUSE J 2015 HANLEY P 1997 HENDERSON B 2006 HULL P 1994 JOHNSON L 2003 EADY A 1970 FIRKIN S 2016 GARDOLL B 2017 GRECH W 2015 HANNING S 2015 HENDERSON T 2007 HUMBERSTONE R 2009 JOHNSON A 2014 EAGLE D 2011 FIRMIN M 2004 GARLICK B 1998 GREEN L 1959 HANNING B 2015 HENDERSON M 2017 HUMPHREYS W 2014 JOHNSON C 2014 EASTAUGH L 1987 FIRTH R 2008 GARLING J 2012 GREEN A 1989 HANNING C 2015 HENNESSY P 2000 HUNDT D 2008 JOHNSON P 2016 EASTMAN S 1999 FISCHER S 1962 GARNETT C 1994 GREEN M 1994 HANNING K 2015 HENNESSY G 2016 HUNDT B 2019 JOHNSON Z 2018 EASTON S 1971 FISHER D 1997 GARNSEY J 2006 GREEN I 1996 HANNING M 2018 HENRY O 2002 HUNT R 1993 JOHNSTON F 1978 EASTON P 2006 FISHER I 2008 GATES M 2018 GREEN J 2000 HANRICK R 2013 HENRY R 2002 HUNT S 1994 JOHNSTON G 1982 EASTON R 2007 FISHER L 2008 GATLIFF S 2004 GREEN M 2006 HARA W 2016 HENRY D 2006 HUNT B 1996 JOHNSTON N 1999 EASTWOOD D 1994 FISHER R 2008 GAWNE W 2005 GREEN A 2010 HARDING N 2018 HERLIHY D 1970 HUNTER B 2009 JOHNSTON C 2010 EBENEZER I 1994 FISHER R 2014 GAZAL S 1971 GREENE M 2013 HARDING A 2018 HERSCOVICS P 2016 HUNTER J 2017 JOHNSTON N 2011 EBENEZER J 2012 FITZGERALD M 2013 GEDDES L 1989 GREENHALGH R 2018 HARDING I 2018 HERTZ L 1965 HURLEY AC DSC D 2018 JOHNSTON M 2013 EBENEZER S 2015 FITZGERALD G 2019 GEDDES A 2017 GREENHALGH G 2019 HARDING M 2018 HESSE M 1968 HUS W 2006 JOHNSTON A 2019 EDER R 2012 FLANNERY J 2004 GEEVES C 1993 GREENHILL N 2011 HARDMAN C 2005 HEUCHMER G 1984 HUSBAND A 2013 JOHNSTON D 2019 EDWARDS S 1977 FLEISCHMANN S 2007 GEEVES C 2009 GREENWICH MP A 2018 HARDY H 2010 HEWINS A 2005 HUTCHINSON H 2016 JOHNSTONE T 1984 EDWARDS G 2001 FLEMMING M 2019 GEEVES C 2014 GREGA K 2018 HARDY A 2019 HEWITT J 2014 HYDE E 2001 JOHNSTONE A 2008 EDWARDS A 2002 FLETCHER M 1970 GEORGE K 2018 GREGORY A 1998 HARDY J 2019 HICKMAN R 2017 HYLAND P 1999 JONES N 1979 EDWARDS P 2002 FLETCHER M 2018 GEORGE K 2018 GREISEN K 2008 HARDY OAM J 2017 HICKS I 2012 HYND J 2010 JONES J 1995 EDWARDS M 2003 FLORES VELOZ R 2015 GERKE-REINEKE A 1999 GRELLIS S 1999 HARDY OBE J 1971 HILL P 1961 HYNES P 2016 JONES C 1997 EDWARDS T 2016 FLYNN D 2008 GHABRIAL J 2012 GRIFFIN J 2006 HARE C 2015 HILL G 1989 IACONO C 1965 JONES I 2001 EDWARDS J 2018 FOGGO D 2017 GIBBENS G 2010 GRIFFIN K 2006 HARE B 2019 HILL M 2014 IBRAHIM N 2007 JONES G 2011 EGGLESHAW J 2011 FOLBIGG B 1976 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48 CRUISING YACHT CLUB OF AUSTRALIA ANNUAL REPORT YEAR END MARCH 31 2019 CRUISING YACHT CLUB OF AUSTRALIA ANNUAL REPORT YEAR END MARCH 31 2019 49 MEMBER LIST (CONT) MEMBER LIST (CONT)
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PSALTIS M 1963 ROBSON J 2003 SCHWANK F 2009 SMITH S 2017 SUTTON A 1998 UMEMOTO H 1991 WATSON G 2015 WILSON L 2014 PSALTIS E 1987 ROCHAIX P 2010 SCHWARTZ R 2017 SMITH A 2017 SWAN G 1996 UPTON MP G 2017 WATSON J 2016 WILSON B 2018 PSALTIS A 1988 ROCKELL C 2002 SCOTT J 1994 SMYTH M 2007 SWEENEY S 1998 UPTON MP G 2018 WATSON D 2017 WILTON R 1996 PSALTIS S 1994 RODGER J 1999 SCOTT P 2005 SNEESBY E 2005 SWEETAPPLE A 1981 URRY D 2000 WATT P 2007 WILTSHIRE M 2018 PSALTIS S 1995 RODGERS F 1958 SCOTT J 2014 SNOW G 1971 SWEETAPPLE J 2014 UTTING J 2015 WATT E 2008 WINGROVE E 2017 PSALTIS C 2011 RODGERS L 2015 SCOTT G 2015 SNOW R 1994 SWIFT N 2010 VAARZON-MOREL T 1976 WATT C 2010 WINGROVE S 2017 PSALTIS G 2015 ROE M 1999 SCOTT T 2015 SNOW R 1995 SWINEY K 2006 VAHEBZADEH S 2007 WATT A 2016 WINKLER P 1973 PSALTIS H 2015 ROE L 2013 SCOTT A 2018 SNOW S 1999 SYKES W 2006 VAN DER GRIEND M 1990 WAUGH A 2014 WINKLER S 2000 PSALTIS B 2019 ROFE E 2014 SCOTT-PERRY N 2013 SOEMARDI I 2014 SYRMALIS G 2016 VAN 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2015 RADFORD A 2015 ROSANDIC M 2015 SEGAERT M 2007 SPEED B 2008 TARIMO P 2001 VANDENBERG Y 2000 WEDDERBURN W 2003 WISE T 1980 RAE P 2017 ROSE A 2015 SEILER K 1998 SPENCE M 2001 TATLOW O 2018 VAN'T HOF B 1995 WEDDERBURN T 2012 WISE C 1993 RAE S 2018 ROSE J 2015 SEJA A 2016 SPENCER D 2015 TAVENER J 2018 VARCOE R 2015 WEDDERBURN-MAXWELL S 2000 WISE E 2002 RAESIDE A 2016 ROSS R 1970 SELBY M 2002 SPENDER J 2016 TAYLOR A 1989 VARVARESSOS C 2009 WEGG G 1994 WITTEY N 2002 RAGGATT G 1991 ROSS I 1985 SELLARS T 2013 SPIES M 1995 TAYLOR B 2005 VASILYEVA L 2015 WEHRLE D 2013 WITTEY J 2007 RAHILLY R 1997 ROSS E 1994 SELLORS J 2018 SPINKS M 2018 TAYLOR J 2010 VASS H 2016 WEILEY J 1996 WOLFENSBERGER M 1986 RAHMN M 2018 ROSS G 1997 SELLORS K 2018 SPINNER R 2006 TAYLOR I 2012 VAUGHAN G 2003 WEIR R 1996 WOLFF M 2006 RAINBOW J 1992 ROSS M 2000 SEWELL P 2001 SPROSTON L 2015 TAYLOR S 2014 VEGH S 2013 WEIR S 2002 WOOD J 1984 RAINSFORD T 2003 ROSS J 2003 SEWELL B 2016 SPROULE B 1981 TAYLOR W 2015 VENABLES S 1999 WELLS J 2014 WOOD A 2004 RAMALEY M 2008 ROTH J 1981 SHAFFRAN C 1965 SPROULE G 2015 TAYLOR P 2017 VENVILLE S 2019 WELSH B 2003 WOOD P 2010 RAMENSKY N 2015 ROTHSCHILD M 1998 SHANNON T 2018 SRIBER C 1988 TAYLOR Z 2017 VERBLUN E 2014 WENHAM A 1981 WOOD P 2010 RAMSAY R 1994 ROTHWELL G 1997 SHAW G 2017 STACKPOOL M 1991 TAYLOR B 2019 VERBLUN S 2014 WEST R 1984 WOOD D 2014 RANCE M 2005 ROURKE H 1981 SHAW R 2017 STAFRACE V 2011 TAYLOR C 2019 VERNALL J 2007 WEST P 2002 WOOD AM G 2003 RANDALL H 2018 ROUVRAY G 1971 SHEILES D 1987 STALS A 2015 TAYLOR H 2019 VICARS J 2007 WEST N 2003 WOODCOCK T 2018 RANKIN B 1987 ROWE J 2013 SHELLEY L 1999 STANLEY B 1998 TAYLOR O 2019 VICARS J 2007 WEST T 2017 WOODS M 1981 RAPHAEL G 2003 ROWE A 2016 SHEPHERD W 2001 STANTON K 2007 TAYLOR-ADAMS L 2009 VICKERY L 2018 WESTACOTT J 2011 WOODS C 2003 RASMUSSEN J 1987 ROWELL E 2003 SHEPHERD A 2019 STANTON A 2017 TEHRANI F 2011 VICKERY J 2019 WESTON S 2017 WOODS G 2003 RASPASS G 2013 ROWLAND N 1996 SHEPPARD K 1990 STAPLETON L 2001 TEHRANI-WALKER L 2011 VIDOR AM E 1975 WHEATLEY A 2008 WOODWARD L 2005 RATCLIFF A 1962 ROWLANDS J 2003 SHEPPARD M 2013 STAR J 2009 TELFORD D 1995 VIGAR J 2009 WHEELER W 2011 WORNER C 2009 RATHGEB W 1987 ROWLES J 2013 SHEPPARD D 2014 STEAD L 2011 TESCH L 2012 VINE T 2005 WHELAN A 1999 WRAGBY R 1996 RATTEN J 1978 ROWLEY P 2001 SHEPPARD N 2014 STEAD S 2017 TESS J 2007 VON STOLZENHEIM A 2017 WHELAN A 2012 WRAGBY A 2001 RAWLINGS K 1994 ROXBURGH K 1971 SHERIDAN J 1979 STECHMANN K 1993 TESVIC I 2014 VON STOLZENHEIM L 2017 WHELAN J 2014 WRAY M 2018 READ J 1966 ROYLANCE L 1998 SHERMAN W 1994 STEEL R 1985 THACKRAY M 2005 VON STOLZENHEIM U 2017 WHITAKER N 2004 WRAY C 2018 READ D 2010 RUDDOCK G 2009 SHIPWAY P 1972 STEEL L 2010 THATCHER J 2006 WADE D 1994 WHITBY M 2001 WRIGHT W 1975 READ T 2012 RUGG W 2006 SHIPWAY J 1994 STENING C 2005 THEEDAM R 2015 WADE W 2014 WHITBY V 2008 WRIGLEY P 2010 READ J 2015 RUMING D 1994 SHIRBIN J 1996 STENTA M 2013 THOMAS W 1979 WAGNER N 2008 WHITE B 1999 WRIGLEY D 2010 READ M 2015 RUNOW S 1987 SHMITH D 1965 STEPHENS B 1985 THOMAS P 1997 WAIN B 2001 WHITE G 2001 WRIGLEY B 2015 REBLIN K 2017 RUNOW L 2018 SHORT J 1989 STEPHENSON D 2017 THOMAS A 2001 WAKEFIELD-EVANS N 2019 WHITE C 2004 WRITER C 2015 REDDICK W 2013 RUSSELL S 1997 SHORT I 1995 STERGOULIS M 2003 THOMAS M 2001 WALDTHAUSEN G 1990 WHITE D 2009 WULF S 2014 REDDICK A 2013 RUSSO D 2018 SHORT M 2009 STERRETT N 2009 THOMAS R 2002 WALKER E 2002 WHITE S 2015 WULF B 2016 REDDICK E 2013 RUTHERFORD M 2015 SHRIMPTON N 2013 STEVENS R 1972 THOMAS S 2004 WALKER F 2005 WHITE P 2015 WYLLIE A 2014 REDDICK S 2013 RUTHERFORD D 2018 SHUTES L 1995 STEVENS M 2012 THOMPSON G 1994 WALKER B 2009 WHITFELD J 2009 WYLLIE W 2018 REDDICK W 2013 RYAN N 1978 SHUTES H 2018 STEVENSON S 1982 THOMPSON A 2004 WALKER R 2010 WHITFIELD T 1994 WYNN P 1999 REDILI A 2018 RYAN T 2003 SHUTOV S 2015 STEVENSON K 1986 THOMPSON N 2015 WALKER L 2011 WHITFORD P 2001 WYNTER M 2003 REECE J 2018 RYAN W 2004 SHUTOVA Y 2017 STEVNS A 1993 THOMPSON S 2015 WALKER D 2011 WHITTAKER A 2014 WYSE C 2010 REES M 2015 RYAN S 2012 SIBRAA P 2011 STEVNS C 2008 THOMPSON L 2018 WALKER R 2015 WHITWAM L 2014 XIE Y 2015 REEVES M 1999 RYAN N 2013 SIMMER G 1987 STEWARD L 2018 THORP E 2004 WALKER AO L 1997 WHITWORTH A 1995 XIE M 2018 REGAN A 2017 RYAN E 2013 SIMON G 2003 STEWART R 1978 TILDEN M 2010 WALL S 1997 WHYTE K 2015 XU Y 2017 REID D 1989 RYAN C 2014 SIMPKIN G 2015 STEWART G 2001 TILDEN G 2015 WALL P 1999 WIESENER A 1996 YAFFA M 1999 REID P 2001 RYAN M 2015 SINCLAIR G 2015 STEWART S 2001 TILDEN S 2015 WALL J 2017 WILBY J 2014 YANEZ M 1998 REYNOLDS K 2017 RYAN P 2015 SINCLAIR-WAITE L 2015 STEWART A 2002 TILLETT L 2009 WALLACE B 2014 WILD L 1982 YANG L 2018 RHO K 2017 RYAN J 2016 SINGLETON T 1996 STEWART A 2003 TISDALE N 2005 WALLACE D 2015 WILD D 2015 YATES L 2010 RHODES T 1999 RYCKMANS L 2004 SIRETT G 1994 STEWART C 2017 TOBIN M 2014 WALLIS K 2017 WILKINS B 2013 YEATES R 2013 RHODES M 2014 RYCKMANS M 2004 SIVRIS M 2007 STEYN E 2018 TOMKINS P 2007 WALLS J 2015 WILKINSON M 2001 YEATES D 2013 RICH L 2015 RYDGE L 1966 SKILLEN D 1996 STICPEWICH D 1963 TOMKINS R 2008 WALLS C 2015 WILKINSON P 2003 YEM D 1981 RICHARDS W 2015 RYDGE R 2015 SKOL-WIGGINS R 2006 STITZ D 2003 TOOHER E 1997 WALSH P 1976 WILKINSON L 2017 YORK S 1986 RICHARDSON G 2018 RYDGE AM OBE N 1964 SLATER M 2014 STODART C 2001 TOOHER-BURRELL T 2003 WALSH S 1998 WILL S 1977 YORK A 2009 RIDDLE B 2003 RYRIE S 2002 SLEETH K 2017 STOECKEL A 1991 TORNAI S 2010 WALSH M 2000 WILLIAMS R 1958 YORK OAM M 1945 RIEGL B 1999 SABEY M 2000 SLINGSBY T 2012 STOECKEL H 1995 TOWNSEND C 2018 WALSH L 2008 WILLIAMS M 1988 YOUNG K 1992 RILEY W 1971 SACKELARIOU R 1994 SLOANE M 2014 STOECKEL M 1995 TOWNSON W 1997 WALSH P 2015 WILLIAMS R 1995 YOUNG D 1999 RILEY G 2015 SAHAKIAN A 2015 SMALL M 2015 STOKES R 2019 TREHARNE OAM H 1971 WALSH D 2016 WILLIAMS R 2002 YOUNG M 2014 RITCHIE M 1974 SAKIRIS S 2016 SMART S 1999 STONE R 1998 TRELEAVEN I 1987 WALSH N 2018 WILLIAMS J 2004 YOUNG M 2015 RITCHIE M 2004 SALMON M 2005 SMITH G 1991 STONE J 2012 TRELEAVEN A 1994 WALTER L 2015 WILLIAMS R 2010 YOUNG J 2018 RIVERS J 2017 SALMON L 2005 SMITH J 1993 STONE E 2012 TRELEAVEN I 1994 WALTON J 1995 WILLIAMS D 2010 YUN M 2018 RIVERS W 2018 SALON C 2016 SMITH L 1995 STONER H 2016 TRELEAVEN J 1994 WALTON A 2017 WILLIAMS A 2014 ZANARINI V 2004 RIVKIN D 2015 SANDISON J 1963 SMITH J 1996 STORCH D 1998 TRIGGS S 2009 WALTON AM J 1970 WILLIAMS N 2014 ZAWALSKI E 2018 ROACH S 2000 SANTIFORT W 1985 SMITH A 1997 STOREY J 1989 TROUP C 1978 WAMBEEK G 2004 WILLIAMS M 2015 ZEHNDER P 1995 ROBERTS J 1980 SAPIR J 2015 SMITH J 1998 STRACHAN A 1977 TRYTKO B 2015 WARD J 2011 WILLIAMS A 2016 ZHANG C 2015 ROBERTS R 1983 SATCHELL D 2000 SMITH S 2001 STRANGER J 1993 TUCK W 2011 WARD P 2015 WILLIAMS M 2017 ZHANG P 2017 ROBERTS N 1994 SAUNDERS C 2014 SMITH J 2002 STRAUSS A 2014 TUCKER P 2010 WARD D 2018 WILLIAMS C 2018 ZHANG S 2018 ROBERTS C 1995 SAVA M 2003 SMITH A 2003 STREETON W 1999 TUISK U 1985 WARE S 2015 WILLIAMS S 2019 ZHAO Y 2017 ROBERTS S 1998 SAY T 2015 SMITH E 2004 STROINOVSKY K 2006 TUISK G 1986 WARK M 2013 WILLIAMS A 2019 ZHU H 2014 ROBERTS J 2013 SAYER T 2012 SMITH N 2004 STRONACH P 1984 TUITE B 2005 WARN J 1956 WILLIAMSON S 2010 ZIELINSKI F 2010 ROBERTS P 2015 SAYWELL A 2005 SMITH P 2004 STUART A 2007 TURNBULL M 2008 WARNE T 2018 WILLS R 1986 ZUZZA P 1998 ROBERTS T 2018 SCANLAN C 1994 SMITH G 2005 STUCKEY K 2019 TURNER R 1973 WASSELL J 1994 WILMOT A 2002 ROBERTS S 2019 SCHARRER P 2016 SMITH A 2005 STUHLMANN F 2014 TURNER S 1991 WATERS M 2001 WILMOT R 2018 ROBERTSON R 2000 SCHMID B 1986 SMITH T 2009 STURROCK D 1981 TURNER S 2002 WATKINS W 2009 WILSON C 1989 ROBINSON R 1986 SCHOEVERS D 2014 SMITH N 2011 STURROCK J 1985 TURNER V 2007 WATSON B 1995 WILSON D 1992 ROBINSON S 1999 SCHOFIELD L 2017 SMITH C 2014 SUDANO D 2017 TWIBILL A 1991 WATSON A 1996 WILSON D 1993 ROBINSON R 2007 SCHULTE P 2003 SMITH S 2014 SULSTERS A 1997 TYNAN D 2012 WATSON S 2008 WILSON I 1995 ROBINSON B 2014 SCHULTZ N 2017 SMITH J 2015 SUNDBERG G 2012 TYNAN C 2012 WATSON S 2008 WILSON T 2011 ROBINSON J 2015 SCHULZ J 2015 SMITH G 2015 SUTCLIFFE J 2018 TYSON R 2012 WATSON A 2009 WILSON G 2011 ROBINSON J 2018 SCHUSTER B 2017 SMITH D 2015 SUTTIE D 2017 ULM D 1994 WATSON J 2010 WILSON I 2012
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Sail No Vessel Name Owner First Name Owner Last Name Class/Type Sail No Vessel Name Owner First Name Owner Last Name Class/Type 7 7 YOUTH SAILING ACADEMY ELLIOTT 7.0 CRU 9002 CHARON JOSEPH ABRAHAM MOTOR CRUISER AUS 1292 1292 MATTHEW RAMALEY ETCHELL USA 90210 CHECKMATE OF HOLLYWOOD RAYMOND ROBERTS IOR MINI MAXI 7700 ABOUT TIME JULIAN FARREN-PRICE COOKSON 50 111 CHEEKY ENCOUNTER RON COOPER ERICSON 46 ADAGIO WILLIAM HALL S&S 36 611 CHINA BEAR ANDREW CLUBB RH 52 CRU ADELITA DENNIS COOPER GRAND BANKS 36 CHINA EASYWAY TRAVIS READ JARKAN 12.5 ADRENALIN PHIL TOMKINS SYDNEY 38 AUS 13 CHINESE WHISPER RUPERT HENRY DAVID GRIFFITH RP72 5148 AGENT 88 PETER & PAULINE REDMOND YOUNG 88 4 CLUB MARINE YOUTH SAILING ACADEMY ELLIOTT 7.0 8080 AHOY DENISE VAN EWIJK JOHN MORRISSEY VAN der STADT 40 6719 CMIST TROY & SCOTT DILLON BENETEAU 44.7 AKUBRA PATRICK WILDE FARR 1220 COALLITION ALAN QUICK MATTHEW PALAVIDIS RIVIERA 40 5841 ALA MOANA SCOTT WILLIAMSON COLE 23 3720 COLAC BAY RAYMOND COLLETT ENDURANCE ALL IS FAIR SIMON KURTS SABRE 42 USA 52618 COMANCHE JIM COONEY VLP 100 5935 ALPHA CARINAE DAMIAN BARKER SYDNEY 36 CONFUSION ROBERT SMITH COMPAS 30 AMADOU CHRIS BULL AMEL 54 CONVICTS REVENGE STEPHEN GIRDIS J24 6609 AMANTE DENNIS COOPER SYDNEY 36 HKG 56 COOL PHILIPPE ODOUARD BENETEAU FIRST 30 C 45 AMBITION ROBERT ROBERTSON BAVARIA C45 B COOL CHANGE JOHN BOX BENETEAU 34 W 250 AMICI JOHN SMITH JANE GAMBLE 6689 COPERNICUS GREG ZYNER RADFORD 12 8048 ANDIAMO! MALCOLM EDWARDS BUIZEN 48 COTE D'AZURE JAMES PEACH BENETEAU 6529 ANDURIL ANDREW BARNES SYDNEY 32 AUS 11111 CQS LUDDE INGVALL IRC SUPER MAXI 5106 ANNA ROBERT GILLIES GEORGE SIRRETT, ALAN STEVENS NORTHERNER 28 6683 CROSSHAVEN SEAN RAHILLY JUSTIN PELLY SYDNEY 36CR 316 ANTHANTA VI ANTON GRUZMAN NAUT 40 5886 CROSSING SIMON MAY X 442 500 ANTIPODES OF AUSTRALIA GREG NEWTON BENETEAU 523 AUS 160 CRUSADER JONATHON GREEN MELGES 32 2 AOMA SCOTT RYRIE LOGAN 30 7064 CRYSTAL CUTTER II CHARLES PARRY-OKEDEN BENETEAU FIRST 40 6809 APPLEJACK DEREK MCDONNELL ROGERIO BLANC-RAMOS BENETEAU OCEANIS 31 8412 CYRENE 3 MIKE SELBY ELENA WISE X 412 APSARA BARRIE & CHRIS ELSBURY SWAN 56 LM 28 DANSKER BILL WILSON TIMOTHY WILSON LM28 6544 ARALUEN RODNEY WILLIAMS BENETEAU OCEANIS 423 CRU DAWN TREADER MATT SOUTER JEFF BEATON 32' MOTOR SAILER 69200 ARCH NEMESIS ANDREW DALE / CHRISTOPHER HARE JEHANE GHABRIAL C & C 41 11 DEFIANCE NICOLE SHRIMPTON INTERNATIONAL 8 METRE 6519 ARCHERON NEVILLE & JAQUELINE BROWN BENETEAU 393 7045 DEFIANT PAUL BILLINGHAM PETER McGEE BAVARIA CRUISER 41S 7101 ARCHINA BILL FERRIS JOSEPH SKRZYNSKI KETCH F 88 DEGREES OF FREEDOM STANLEY REYNOLDS RUNNALLS 38 C 1 ARGO BLUE GEORGE SNOW BENETEAU OCEANIS 50 DESPERADO ANDREW LUKAS SPY 8.2 956 ARIADNE DAVID ANDREWS CATALINA 320 DEVI GARH BRAD GARLICK BENETEAU OCEANIS 46 A 140 ARIEL RON FORSTER BENETEAU FIRST 40 6660 DEVILS ADVOCATE MARK DONELLY CAVALIER 28 27 ARIETTA LAURIE LASH JEANNEAU 379 621 DEVILS LAIR BARRY CROOK MOUNT GAY 30 1900 ARIKI DAVID WILLIAMS CAVALIER 28 KA 5300 DRAKES PRAYER TED CRIMMINGS FARR 43 CIG 16 ARIKI TAI DENIS DOYLE LYNNE SMITH CIGALE 16 3433 DREAM TIME PAUL SPIRA HOLLAND 44 9999 ASSASSIN ROBIN CRAWFORD MC38 ESP 6100 DUENDE DAMIAN PARKES JUDEL VROLIJK 52 ASTOR RICHARD STRAMAN 86' SCHOONER 7744 EAGLE ROCK ROSS WILSON BENETEAU 47.7 CRU AUDREY J STUART PURVES TRAWLER USA 163 ECLIPSE CAMERON McKNIGHT VIPER 640 3430 AZZURRO SHANE KEARNS SPARKMAN STEPHENS 34 144 ELECTRA BRADSHAW & VICTORIA KELLETT COLE 43 BAD PETER FRANKS BENETEAU 44.7 CRU EMERITUS 2 NICHOLAS RYAN MOTOR CRUISER AUS 52002 QUEST BOB STEEL CRAIG NEIL TP 52 NZL 8577 EMILY TIM CASEY DOVELL 62 BALLDA GREGORY HAREMZA DEKLOET B.V 9.5 5910 ENBEEDEE IAN PORTEK BENETEAU 31.7 6652 BALTIC LADY NIEL BURLING HANSE 40 ENDLESS SUMMER II BRUCE NEIL CATAMARAN AUS 717 BANDIT WARWICK ROOKLYN MELGES 24 ENTERPRISE ANTHONY TWIBILL LEXCEN 40 4423 BASKA ALLAN RICH SLOOP AUS 1286 ENTOURAGE SHANE GUANARIA ETCHELL GBR 2566R BELLA GIOIA JOHN & KAREN COLE SWAN 40 CRU 9023 EOS JON MEYER MOTOR CRUISER 5411 BELLANDEAN SERGE JOOK JARKAN 38 EPICURUS PETER MAITZ BOATSPEED 86 371 BERRIMILLA ALEX WHITWORTH BROLGA 33 1061 EPIPHANY NIGEL PRICE CATALINA 320 BIG SPLASH PETER LYNCH HUNTER 6059 ESCAPADE RAWDON SIMON BAVARIA 6783 BLACK PEARL IAN AWFORD BENETEAU OCEANIS 40 345 ESPIRIT D'ARCACHON WILLIAM & ELIZABETH PECK HANSE 345 33345 BLACK SHEEP DEREK & MARTIN SHEPPARD BENETEAU FIRST 45 8181 ESPRESSO FORTE LAURENCE FREEDMAN FARR 55 5962 BLACKJACK BRUCE RANKIN JEANNEAU SUN ODYSSEY 40 CRU ESSEX MICHAEL CALDWELL CRESTA SEDAN CRUISER AUS 197 BLACKJACK TERRY WISE PACIFIC SAILING SCHOOL J24 8455 EUROPA DAVID MASON WAUQUIEZ 45 3302 BLIND JUSTICE STEPHEN O'HALLORAN CAVALIER 28 7017 EXCEL ANDREW JOYCE THOMPSON 7 USA 50035 BLING JACK GOLUZD NELSON MAREK 35 8063 EYE APPEAL MICHAEL DELANEY JOHN MARKOS SYDNEY 36CR 7701 BLISS ERIC FRANK BENETEAU OCEANIS 45 EYE CANDY ANDREW PAYNE BAVARIA 39 N 5555 BLOWN AWAY II GRAHAM MANVELL JARKAN 12.5 338 FAST COMPANY RALPH GUDDERJAHN YOUNG 88 6006 BLUE CHIP KARL STECHMANN PETER MASON SYDNEY 38 6412 FERGUS RENEE WILLIAMSON-NOBLE X 42 BOADICEA ANDREW MILN COMPASS 28 2153 FICTION MICHAEL BLAXELL PETERSON 30 BX 43 BORDEAUX PETER ZEHNDER ALICE MURPHY BENETEAU OCEANIS 43 C 162 FIGMENT BRUCE COX CATALINA 320 1616 BORN FREE WALTER RATHGAB SLOOP AUS 6508 FINN JANEY TRELEAVEN IAN TRELEAVEN FARR 40 6703 BOSWELL NANETTE AINSWORTH BAVARIA 34 44800 FIRST LIGHT ROY MELICK DAVID JACOBS DEHLER 41DS MH 86 BOX OFFICE DAVID LYONS LYONS 25 6808 FLYING CLOUD HOWARD PIGGOTT BENETEAU FIRST 40 6265 BRAINWAVE JOHN SIMMONDS BENETEAU 473 Q 1 FLYING SAUCER MARK & ANNE ANDERSON MOTOR SAILOR 9988 BRANNEW CHRIS BRAN BENETEAU FIRST 40CR AUS 6133 FOREIGN AFFAIR MATT WILKINSON FARR 30 6628 BREAKAWAY CHARLES CORNELL BENETEAU OCEANIS 42.3 CRU FORESIGHT MICHAEL SPIES RUNABOUT BRIGADOON DARYL ISLES HOOD 23 645 FORTLET JOHN MACONOCHIE KETCH 7035 BRIGUS III TERENCE BURKE PUBLIC PRIVATE PARTNERSHIPS PL BENETEAU FIRST 35 6044 FRANCESCA BRENT CARR JEANNEAU 111 BRINDABELLA HAMISH LINDSAY ENDEAVOUR 24 USA 5341 FREE BIRD PHILIP ASCHE SWAN 44 10000 BRINDABELLA JIM COONEY JUTSON 79 6347 FREE SPIRIT DAVID MARSHALL CRUISING YACHT KA 294 BROLGA MALCOLM & MARK ANDERSON E22 8885 FREE SPIRIT STEPHEN GIRDIS JEANNEAU 51 CRU BULGANA ROBERT SCRIVENOR MOTOR LAUNCH 345 FREE SPIRIT WILLIAM GAWNE HANSE 345 BULLANT ROUGE COLIN ALLECK SPARKMAN STEPHENS 34 5138 FREETIME GREGORY TOTTEN WARWICK 40 BUMBLE BEE IV JIM COONEY SLOOP FREYA JOHN SINGER SLOOP 80 7441 BUMBLE BEE 5 JOHN DIETER KAHLBETZER SLOOP R 10 FROTH & BUBBLE NATHAN SMITH YOUNG 780 9994 BUSH TELEGRAPH FIONA DAVIES DAVID DAVIES ADAMS 10 6482 GAIA WAYNE JUPP HOWARD ELLIOTT X 482 CRU BUSTER ANDREW SMITH 28' MOTOR CRUISER CRU GALVESTON DAVID HEALY CARIBBEAN 35 8350 C-HORSE JOHN SMITH CAVALIER 350 SL 38011 GINGER LESLIE GREEN MC38 8301 CADENZA GUNNAR TUISK FARR 50 AUS 114 GLORY ROAD GORDON WEISE J24 R 420 CADIBARRA 8 PAUL ROBERTS JONES 42 10 GME YOUTH SAILING ACADEMY ELLIOTT 7.0 7777 CALIBRE RICHARD WILLIAMS SYDNEY 38 5484 GONDWANA PETER EDWARDS ROBERTSON 950 CALINA IV CHARLES BREWER VAN der STADT PION 30 CRU GORDON MARSHALL CYCA STEBER 36 MH 102 CALLISTA TIM FLAHVIN BENETEAU 47.7 6990 GREAT WHITE BOB & ANN PENTY BENETEAU OCEANIS 41 930 CALYPSO TOOTH/GRAHAM/CLARK NORTHSHORE 33 6343 GREAT XPECTATIONS ROD WILLS X 43 6259 CAMILLA ANGELO SCHEPIS TRADITIONAL 30 14 GREENGATE MATTHEW FISHER MAGIC 25 CRU CAPE NORTE MAX YAFFA MOTOR CRUISER NZL 8425 GUNSHOT DAVID WALSH ELLIOTT 52 6278 CAPELLA RICHARD HUTCHESON BAVARIA 36 3976 GUSTO PHILIP DENISON CAVALIER 39 9009 CAPRIA PAUL HYLAND BENETEAU 40.7 4173 HALF HOUR PAUL HENDREY HALF TONNER 7061 CAPRICCIO TONY CRAVEN CATALINA CAPRI 22 6937 HANNI TIM WILSON RINGLE 39 13 CAPRICE OF HUON DAVID CHAMPTALOUP CLASSIC 6644 HAPPY TOO EDWARD DERMODY BAVARIA VISION 44 CAPTAIN DENIZ GULAY BILSEL BAVARIA 37 AUS 202 HAT TRICK DAVID HENRY ETCHELL 567 CARLA M MARK MICHALOWSKI BENETEAU 47.7 6318 HAVANA JOHN JAMIESON SLOOP 7016 CAROLINA WILLIAM REDDICK BENETEAU OCEANIS 45 HAVE FUN GARY DONOVAN NORTHSHORE 33 5601 CARPE DIEM IAN BEGLEY KAY COTTEE 56 5728 HEAVEN JOOST KERDIJK BENETEAU 33.7 5438 CARTWHEEL RUSSELL DEBNEY CARTER 33 6726 HECTOR ANDREW HAWKINS JEANNEAU SUN ODYSSEY 36I 317 CATALINA JOHN McKIM AM CATALINA 34 AUS 98 HEY JUDE JAMES LEY INTERNATIONAL FINN 37008 CATAVENTO PETER BLAIR NORTHSHORE 370 9797 HIDDEN AGENDA GRAHAM GIBSON SYDNEY 38 6952 CELESTIAL SAM HAYNES TP 52 HIRONDELLE JAMES LUXTON SWAN 42 8824 CHANCELLOR EDWARD TOOHER BENETEAU 47.7 AUS 8899 HOLLYWOOD BOULEVARD RAY ROBERTS FARR 55 AUS 257 CHARLOTTE ERVIN VIDOR AM CNB 76 6797 HOLY COW! JOHN & KIM CLINTON BENETEAU OCEANIS 50
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Sail No Vessel Name Owner First Name Owner Last Name Class/Type Sail No Vessel Name Owner First Name Owner Last Name Class/Type 2125 HOO HA PETER HOWES HALVORSEN 25 3966 MARIGOT BAY MERRYL SEMPLE PETERSON 30 115 HOODWINKED NOEL O'BRIEN HOOD 23 4715 MARLOO GEORGE GIRDIS JARKAN 12.5 6739 HUBCAP II HERMAN HEILIGERS BENETEAU OCEANIS 40 31 MARQUISE STEVE LAMBERT MOODY 41 CLASSIC AUS 1084 HUMPBACK STEPHEN BARLOW ETCHELL 6512 MARTINI DAVID STITZ THOMPSON 870 HYSTERESIS III MARK & LOUISE SALMON PASSPORT 42 ITA 70 MASERATI JIM COONEY VOLVO OPEN 70 6815 IAGO GIBSON, YEATES BUTLER, MARSH BENETEAU FIRST 40 6313 MASQUARADE TIMOTHY FOLLAND NORTHSHORE 27 R 6572 ICEFIRE ICEFIRE SYNDICATE MUMMERY 45 6397 MATIKA JONATHON GOWLLAND SLOOP AUS OO1 ICHI BAN MATTHEW ALLEN TP 52 AUS 202 MAVERICK TERRY WISE PACIFIC SAILING SCHOOL J24 AUS O1 ICHI BAN MATTHEW ALLEN CARKEEK 60 4377 MAX BARRY & TOBY MUNNS PETER FALLON CAPE 31 6458 ILUKA DANIEL STORCH NEIL FOX NORTHSHORE 369 6928 MENAGE A TROIS KARL MATISZIK BENETEAU FIRST 30 35 IMAGINATION ROBIN & ANNETTE HAWTHORN BENETEAU 47.7 MENTAL BLOCK BRETT PHOEBE LAGOON 400 922 IMAGINE JOHN ACKLAND BONBRIDGE 27 1224 MERCEDES IV PETER STRONACH ONE OFF 1961 IN CAHOOTS PAT & ROBERTA EASTON BENETEAU OCEANIS 50 2260 MERRY MAC DAVID McCLEAN CLANSMAN INFINITY IV MARTIN JAMES BENETEAU FIRST 50 ST 36 MIDNIGHT RAMBLER ED PSALTIS SYDNEY 36 7046 INKONKONI ARTHUR LANE BENETEAU OCEANIS 46 MIGALOO ROSS HETHERINGTON CATALINA 470 6360 INTEGRITY ANDREW STOECKEL BENETEAU FIRST 42s7 2143C MIGNON BOB FISHER FIFE DAYBOAT 89 INTO THE MYSTIC ARTHUR PSALTIS JON ROSS HANSE 430e MISSA SOLIS NIGEL WESTLAKE HUNTER 340 7106 INTRO II GARY CASSIM INTRO 22 6515 MISTRAAL ANDREW BULLARD BENETEAU 57 3209 INVADER ANTHONY WEBB EASTCOAST 5050 MOJO RICK FELDING FUSION 40 6509 IOLANI PETER WINKLER BENETEAU OCEANIS 361 MONA R.A & W.M PORTER 38' GAFF KETCH 299 IRREPRESSIBLE KIM LE GRAS E22 4886 MONICA'S DAUGHTER GEOFF ROBINSON CUSTOM 30 AUS 1337 ITCHY JAMIE WATSON ETCHELL 4272 MONKEY MAGIC JOHN PENFOLD SLOOP 1390 JABS BRAD STEPHENS CONTESSA 25 395 MONTANA SHANE & JAN O'CONNER CAREEL 5M AUS 7 JAMES TIM RYAN J70 CRU MOOCHALONG MATTHEW ALLEN PALM BEACH 65 JANELLEY PETER BERGER BENETEAU OCEANIS 38.1 6625 MOONDANCE MICHAEL COOPER CYCLADES 39 4923 JAPARA PAT GUNNING COLE 30 MOONSHADOW PAM CARRINGTON BENETEAU OCEANIS 423 USA 175 JAWS STAN HALES 11MTR 8882 MOONSHADOW V LLOYD BENNETT DUNCANSON O'SHORE GBR 772 JAZZ 4 CHRIS BULL INTERNATIONAL DRAGON MORE MISCHIEF SIMON CARR BENETEAU OCEANIS 45 2210 JAZZED UP EDWARD DERMODY BUIZEN 40 8402 MORE WITCHCRAFT JOHN CAMERON EAGLE 46 SM 6518 JEM JEFF DUSTING SYDNEY 47CR 6484 MR BOJANGLES WARREN & WILLIAM GROUNDS JEANNEAU 40.3 1309 JESSICA RABBIT BRUCE MILLAR SYDNEY 32 3509 MURPHYS LAW DEBRA WALLACE ENDEAVOUR 27 5531 JESSIE STEVE HUDSON BROLGA 33 2 MUSTO YOUTH SAILING ACADEMY ELLIOTT 7.0 CRU JOLLY ROGER MATTHEW DE TORRES VIKING 30 3111 NAND IV RICHARD CHAPMAN SALAR 40 4763 JONGLEUR JOHN & CLARE FRASER J24 5482 NAUGHTY CALL GREGG WATSON ROBERTSON 950 JOVE REG & SALLY LORD J111 AUS 1 NAVAL GROUP SEAN LANGMAN RP69 KA 8 JUANA JOSE DE LA VEGA INTERNATIONAL 8 METRE 6734 NECESSITE DAMIAN BANKS BENETEAU OCEANIS 43 JUICY FRUIT GEOFF FOLEY S 80 6538 NEGOTIATOR PHILIP RICHARDS JEANNEAU SUN ODYSSEY 36.2 JUNO REG & SALLY LORD J70 33 NERIDA SIR JAMES HARDY CUTTER CRU 18 KAI LAG MAURICE DRENT LUGGER 6111 NEVER A DULL MOMENT COLIN & DENISE WILSON MACKMAN/LYONS 3401 KAIYU OWEN THOMAS LION 6081 NEXT JOHN SHORT, MILES BASTICK ROBERT HUNT SYDNEY 38 2682 KARISMA JOHN MANSON SPARKMAN STEPHENS 39 7557 NGAK NGAK HAMISH PETRIE BENETEAU 57 3031 KATINKA PAUL O'CONNELL MARAUDER 27 AUS 9009 NIGHT NURSE RUSSELL MCCART FARR 40 OD 7878 KAYLE DAVID PESCUD LYONS 54 5995 NIPS-N-TUX HOWARD DE TORRES IMX 40 4968 KERMITTED JAN KENNEDY ENDEAVOUR 26 N 3 NOAKES BLUE SEAN LANGMAN N26 6153 KIA KAHA JUSTIN ATKINSON CAT WRITH YOUNG 88 N 2 NOAKES RED SEAN LANGMAN N26 AUS 7742 KIALOA II PATRICK & KEITH BROUGHTON S&S 73 N 1 NOAKES WHITE SEAN LANGMAN N26 52152 KOA PETER WRIGLEY ANDREW KEARNAN TP 52 AUS 180 NOKOMIS GEOFF COWEN J24 CRU KODAK ACE KELVIN MOWTELL RUNABOUT 5857 NORTH STAR PETER THOMAS NORTHSHORE CRU KOKODA RUSSELL MCCART OFFSHORE 62 AUS 368 NORTH SYDNEY STATION ED McCARTHY E22 8883 KOKOMO LANG WALKER FARR 40 OD 226 NYORA TRACEY/GRAHAM CARPENTER/EVANS SLOOP KOKOMO LANG WALKER MC38 8008 OCCASIONAL COARSE LANGUAGE TOO WARWICK SHERMAN KER GTS 43 F589 KONDILI PHIL & ROBYN HEARSE HANSE 495 OCEAN DIAMOND JOHN HOSKIN READ PENELOPE GAI READ JEANNEAU 452 AUS 40 KOOKABURRA GRAEME WILSON IACC TYC 101 OCEAN FREEWAY CHARLES BOOTH ADAMS 8383 KRAKATOA DON YOUNG YOUNG SUPER 30 3000 OCEAN ROAD GARY McLEOD BENETEAU SENSE 43 9 KYEEMA DENIS O'NEIL 9 METRE AUS 1254 ODYSSEY JILL CONNELL ETCHELL SYD 55 L'AMOUR DE MA VIE NEV & JANIE WITTEY BENETEAU OCEANIS 55 OENONE HELEN LOVETT 38'GAFF CUTTER L'ANGUILLE PAUL WILLIAMS TAHE WIND 585 CRU OFFSHORE CYCA STEBER 36 FLYBRIDGE 717 L'ATTITUDE JOHN BARTER DEHLER 41DS CRU OLLIE NICK KINGSMILL MOTOR LAUNCH 6563 L'ATTITUDE RICHARD HOLSTEIN BENETEAU 40.7 CRU ONE CROWDED HOUR JOHN HARRIS PALM BEACH 36 4896 L'EAU CO GRANT POLLOCK NORTHSHORE 380 8035 ONE MORE -NO MORE IAN GUANARIA BENETEAU FIRST 35 2616 L'IL BEAUTY FUJI HUANG TRITON 24 8898 ONESAILS RACING RAY ROBERTS TP 52 LA BOHEME TIM BEVERIDGE AMOL SUPER MARAMU SYD 181 ONLINE STEPHEN TREVELLION JARKAN 12.5 7121 LA NICHE BRETT PEARCE KAREN HAWKETT HANSE 250 AUS 7151 OPTIMUM RICHARD BRASHER FARR 30 4584 LA VELA CHRIS PENTLAND BENETEAU OCEANIS 37 NZL 9242 ORBIT MATTHEW BROWN SHAW 10 CRU LADY JOY JAMES & JOY MCLAREN MOTOR CRUISER OUT OF THE BAG WILLIAM WEBB SLOOP LADY NORMA RON SPINNER GRAND BANKS 63 AUS O40 OUTLAW ALAN & TOM QUICK FARR 40 LAPSE OF REASON SERGEI SHUTOV YULIA SHUTOVA TOP HAT 25 4114 OUTWIDE RACING PETER SCHWARZ THOMPSON 650 133 LAROOL TJERK DUSSELDORP 30 SQUARE 5668 OVERDRIVE ANDREW JOHNSON MEEGAN THOMAS NORTHSHORE 380S 3782 LARRIKIN JOHN WEILEY ADAMS 10 AUS 202 PACATAC TERRY WISE PACIFIC SAILING SCHOOL J24 8832 LARRIKIN ROSS GLASSON RICHARD HARPER SYDNEY 32 PAINKILLER ROD WEST BENETEAU 44.7 8975 LAST TANGO PHILLIP KING SALONA 44 454 PALANA ROBIN WILLIAMS ARTHUR ROBB 38 6833 LEEWARD ROBERT LEWIN MURRAY HAYWOOD BENETEAU FIRST 40 80808 PANACEA PETA WILCOX BENETEAU 40.7 LEGENDE ASH PAGE SIMON CARLESS JEANNEAU 43DS 6657 PANTOMIME IV MICHAEL KELLY MOODY 35 LHL DECLAN BRENNAN HALVERSON 25 MOTOR CRUISER 5447 PAPILLON JOHN ROTH SUNSET 750 3643 LIBELLULE NEVILLE OLLIFFE SPARKMAN STEPHENS 39 6841 PAPILLON PHIL MOLONY ARCHAMBAULT A 40 RC 6861 LIBERTE MICHAEL KARAGIANIS GARY SIMON BENETEAU OCEANIS 40 776 PAPOU GELI ROSS KARP BENETEAU FIRST 25.7 CRU LIBERTY GEOFF LAVIS BENETEAU SWIFT TRAWLER 42 CRU PARADISE SIR WILLIAM TYREE RIVIERA 56FB 6277 LIMELIGHT ALAN HUSBAND BAVARIA 51 360 PATRICE TONY KIRBY KER 46 6772 LISDILLON DES FAGAN SEAQUEST 36 PATRICIA AGAIN BILL SHERMAN BAVARIA 35 LITTLE G PATRICK BROUGHTON ETCHELL 99 PAZAZZ II ROBERT DRURY DEHLER 44 3806 LIVEWIRE PHILLIP BARNES SYDNEY 38 329 PEGASUS WILLIAM STREETON ENDEAVOUR 32 1236 LOCAL HERO SHANE CONNELLY BH36 5164 PENDRAGON ANDREW COCHRANE STEWART 34 A 156 LOLITA NICHOLAS CASSIM WOODEN SLOOP SM 74 PERFECT MATCH ALUN LEWIS BAVARIA MATCH 35 LORELEI MATTHEW FARR HANSE 385 M 669 PHOEBE CELESTE HARRY HOUSE ROZINANTE SYD 1 LORITA MARIA NORMAN RYDGE MARTEN 49 E 226 PILGRIM PAUL LEY KAUFMANN 58 3383 LOTUS ARTHUR EADY LOTUS 10.6 7623 PLABA IV BRUNO GAMBACORTI 1/2 TON 294 LOVE & WAR SIMON KURTS SPARKMAN STEPHENS 47 101010 PLAYSTATION 4 DEAN HARRIGAN REICHEL PUGH 42 6175 LOVE BYTE CYRIL LATIMER, CHRIS FRANCE & DAVE ALLAIS SYDNEY 38 US 20 PLYM NEVILLE CRICHTON SLOOP 56 SB 445 LUNASEA CHRIS MCSORLEY HANSE 445 POLARIS MARK GALLAGHER MOTOR SAILOR MADEIRA GEOFFREY SMITH SUN ODYSSEY 554 DS CRU POMPIE TONY HENDERSON TIMBER CRUISER AUS 1360 MAGIC CARPET MARCUS WHITE ETCHELL PRESTO BRUCE DENNIS CAVALIER 28 3687 MAGNETIC NORTH RICHARD HAMMOND CAVALIER CRU PRIMA MICHAEL SPIES ANDREA HOLT PRIMA 54 946 MAGNUM ROBERT WILTON BOUNTY 35 4582 PRIVATEER BILL MIROW DAVID DALTON BENETEAU FIRST 345 CRU MAHALO RUDYARD MCKENDRICK MULDER 98 120 PROSPECTOR GREG JOHNSTON CUTTER NZL 1 MAHLIGAI MURRAY OWEN JENNY KINGS SYDNEY 46 KA 2 Q T SCOTT RYRIE 30 SQUARE A 19 MALUKA SEAN LANGMAN GAFF CRU QE3 MR K J STEVENS MOTOR CRUISER 6616 MANLY FERRY JOHN RAINBOW WARWICK 53 KA 2 QUADRATO TRINTA SCOTT RYRIE 30 SQUARE CRU MARCUS B KAY COTTEE RIVER BOAT F 8 QUATTRO JASON DAISLEY BENETEAU OCEANIS 43 353 MARGARET RINTOUL BRUCE GOULD YAWL AUS 893 QUEEN ANNES REVENGE MICHAEL BELLINGHAM ETCHELL
56 CRUISING YACHT CLUB OF AUSTRALIA ANNUAL REPORT YEAR END MARCH 31 2019 CRUISING YACHT CLUB OF AUSTRALIA ANNUAL REPORT YEAR END MARCH 31 2019 57 YACHT REGISTER (CONT) YACHT REGISTER (CONT)
Sail No Vessel Name Owner First Name Owner Last Name Class/Type Sail No Vessel Name Owner First Name Owner Last Name Class/Type QUEENIE GRACE ANDREW MORRIS SAVAGE OCEANIC 46 1295 SURAYA CARL SRIBER SPARKMAN STEPHENS 37 609 QUETZAL BRIAN CLAYTON NANTUCKET 31 AUS 2847 SWAY SHANE GUANARIA TASAR 2001 QUETZALCOATL ANTHONY BRUCE, JAMES LEE-WARNER ANTO SWEETAPPLE JONES 40 6085 SWEET CHARIOT IV DAVID & JILL HENRY BUIZEN 48 6444 QUICKIE STUART MUIRHEAD SYDNEY 32 226 SWISH STEVEN PROUD ES 44 370 QUINTESSENCE SHANE FIRKIN NORTHSHORE 370 6070 SYDNEY CHARLES CURRAN SYDNEY 60 1272 RABELAIS PHILLIP MILLS COLUMBIA 33 6472 SYMBIOSIS TROY SCOTT SYDNEY 36 AUS 70 RAGAMUFFIN 52 SYD FISCHER TP 52 193 SYONARA GREG MAUGHAN SWANSON 4684 RAINBOW JOHN ROBERTS NORTHSHORE 38 6835 TAHOE BLUE PAUL WOOD BENETEAU FIRST 35 AUS 1191 RANGOON TIGER CHRIS GRUBB ETCHELL 114 TAKE TIME GRAHAM H SMITH BROLGA RAUCOS HENRY ROURKE OPEN 40 A 64 TAMARIS BRIAN SPROULE CLASSIC 6332 RAZORS EDGE RAY STONE SYDNEY 32 TAMMY II BRIAN & JILLIAN DE BOOS ISLAND GYPSY 44 7090 REO SPEEDWAGON ANDREW YORK REO 7.2 TAMPICO II JOHN M P BOOTH SLOOP CRU RESTORATION RUSSELL MCCART RIVIERA 40 626 TANAMI MANDELBERG/PRONT/ROSE COLE 40 5930 REVE KEVIN WHELAN BENETEAU 45 F5 97 TANIELLE Bill KOPPE HOEK 24 E 16 ROB ROY MICHAEL YORK ETCHELL CRU TANTIVY GRAHAM SWAN MOTOR CRUISER 8 RONI RIGGING & RACING YOUTH SAILING ACADEMY ELLIOTT 7.0 1247 TASHTEGO CAMPBELL MINTER HALVORSEN 41 7 ROSENN BOB FISHER SOLENT OD 638 TAWARRI II CHRIS IACONO CARBINEER ROSIE STEPHEN THOMAS ROSE ISLAND 38 LOBSTER 77115 TEAMM8 WARWICK EVANS BENETEAU 38 6186 S.Y LA TORTUGITA BRIAN JAMES FARR 9.2 CRU THE "A" TRAIN ROSS MACDONALD MOTOR LAUNCH 6206 SABBATICAL JEFFREY BURGESS CAVALIER 32 AUS 150 THE BUSINESS VAUGHAN STIBBARD MELGES 32 FT 74 SABRE STUART BIRDSALL FLYING TIGER 7027 THE GOAT MITCHELL GORDON SYDNEY 38 KA 71 SACRE BLEU BEN WELSH SOLING 6677 THE HOLY GALE JASON KLAAS BENETEAU 27.7 800 SAGA GARY APPLEBY NANTUCKET 33 R 945 THE LUGE JOHN ACKLAND SWARBRICK JS8000 4000 SAGACIOUS V DAVID HUNDT FARR 40 29 THE RED HAND GRAHAM O'NEILL HARBOUR RACER 7709 SAIL EXCHANGE CARL CRAFOORD COOKSON 12 807 THE SAINTS BRUCE HILLIARD MUTINY 28 KA 113 SAILPAC TERRY WISE PACIFIC SAILING SCHOOL J24 R 650 THE STIGS AUDI DRIVING COUSIN DAVID ELLIS SHAW 650 AUS 949 SAINTS II BRUCE HILLIARD MARIN ROSANDIC ETCHELL M 300 THE SWEENEY SHAUN PARKER FARR 11.5 3724 SALONA PHILLIP KING SALONA 37 3790 TICKALARA DAVID LIVERMORE PHANTOM 32 5826 SALT SHAKER PETER FRANKI SYDNEY 36 AUS 90 TIGA HANK BEYER FLYING TIGER SALTY LADY ANDREW MORSE CAVALIER 37 AUS 92 TIGGER ROBERT BREIT FLYING TIGER 2114 SAMIEL BRUCE ROWLEY SLOOP 4045 TIME OUT PETER BLAIR NORTHSHORE 38 SAMMIE GARRIE TOLLIS COMPASS 29 9 TOGA YOUTH SAILING ACADEMY ELLIOTT 7.0 SANA DAVID MATHLIN ONE OFF 5103 TONIC ALAN GREEN OLSEN 40 7134 SANITY DAVID KELLY JIN LEY JEANNEAU 349 187 TOO UP LYNDA SHELLEY KEITH LOGAN FOUNTAIN PAJOT LIPARI 41 6226 SANTE' ROB & SUE SEGEART BENETEAU SENSE 46 MH 109 TOUCH OF GOLD KELVIN MOWTELL SLOOP SAROCA MICHAEL BLUMER 58' STEEL KETCH TRADITION PETER BUSH HANS CHRISTIAN 41 SAVANNAH GIRL RUSSELL BATES SWAN 46 AUS 1275 TREKKA MIKE THACKRAY CAMERON BARTON ETCHELL 2663 SCANDAL IAN MANLEY HOLLAND 30 6223 TRIM SHAARON WALSH NORTHSHORE 369 KA 400 SCARLET O'HARA ROBERT SKOL 30SQ M AUS 191 TRINITY ROSS ADAMS J24 268 SEA CHANGE MARCO FORSTNER BAVARIA 31 6377 TRITON MICHAEL CRANITCH DAVID GOETZE LYONS / CAWSE 60 CRU SEA MIST DAVID SHMITH MOTOR CRUISER R 317 TROUBADOR JOHN FRASER BENETEAU FIRST 31.7 S 25 SEA WAY MICHAEL SPIES SEAWAY 25 6387 TRU BLU CHARLES GRACE IOR HALF TON KA 42 SECOND WIND MARK HOLLINGSWORTH CONVERTED ETCHELLS 6481 TWO SHEA NICHOLAS JONES LIGHTWAVE 38 IVB 1997 SECRET MENS BUSINESS GEOFF BOETTCHER TP 52 1014 UBS WILD THING GEOFF & PIP LAVIS INGLIS/MURRAY 50 2560 SECRETS IAN BRADDOCK COMPASS 9109 VAMOS TIM RYAN J109 6 SHARP AUSTRALIA YOUTH SAILING ACADEMY ELLIOTT 7.0 43218 VAMP DAVID FULLER CORBY 49 9477 SHERE KHAN RICHARD WYATT BENETEAU VAPORETTO JUDY LEE KINGSTON 850 FT 77 SHERE KHAN ROD GIBBS FLYING TIGER 4688 VASCO DE GRANGA MICHAEL GRANGER YOUNG 88 209 SHONA BILL FERRIS JOSEPH SKRZYNSKI SLOOP 00400 VENTO WALTER LEWIN FARR 400 1715 SHOPKEEPER GARRIE TOLLIS BUIZEN 48 1893 VENTURA BRENDAN HUNT TRADITIONAL SLOOP 5950 SHORETHING JULIAN BRENCHLEY NORTH SHORE 38 5 VIBE HOTELS YOUTH SAILING ACADEMY ELLIOTT 7.0 52002 SHORTWAVE CHRISTINE SHORT TP 52 KA 37 VICTORY BAR BRUCE ROWLEY SOLING AUS 325 SILKY ANTHONY HIRST E22 7621 VIKING VIKING SYNDICATE BRETT HART X 382 331 SILVER MINX GEOFF & VICKI PLAYER BENETEAU SENSE 50 USA 40 VITESSE JOHN RAWSON ESSE 850 CRU SILVER MIST STAN RODGERS TSMV 129 VIVA KEN HUDSON YOUNG 13.1 SIMPLICITY ANTHONY COLFELT ENDEAVOUR 28 AUS 853 VOLPE PAUL WILLIAMS ETCHELL 5436 SINE WAVE GREGORY MASON DAVIDSON CUSTOM 37 2754 WAH MOON BILL WYLIE MOTTLE 33 9990 SINTARA GORDON ANDERSON BENETEAU 42s7 1 WALKER CORPORATION YOUTH SAILING ACADEMY ELLIOTT 7.0 66666 SIX PACK SCOTT RYRIE 6 METRE KA 17 WALLOP BRYAN COLLIS STEPHEN WALL MODIFIED ETCHELLS 208 SKEAN DHU TED ROBERTS CLANSMAN 5725 WATERSHED DAVID EASTWOOD CHRIS DUVALL ENDEAVOUR 26 9997 SKEETER SANDOR TORNAI FARR 30 6465 WAVE DANCER ROB McCONCHIE RADFORD 10.6 NY 40 SKYE ROB GROVES NORDIC 40 7407 WAVE SWEEPER MORGAN ROGERS JULIAN BOWKER BENETEAU 40.7 AUS 124 SLACK ALICE KEITH SHEPPARD J24 248 WAX LYRICAL LES GOODRIDGE X 50 421 SMUGGLER SEBASTIAN BOHM ROGERS 46 AUS 196 WETTY GRIPPER STUART/ADAM/FRANK MUIRHEAD/FRANCIS/VOLCKMAR J24 5892 SOBRAON ROBIN & KAY HYETT BENETEAU DAUS 198 WHIM GORDON INGATE DRAGON 5291 SOGU DAVID JORDAN SOUTHERN 30 AUS 170 WHISPER ANDREW MCCRORY J24 6497 SOINDIKA TIM ATKINS BENETEAU 40.7 116 WHISTLING KITE KYM EVANS Seaquest RP36 RQ 1123 SOLAHART-RUM JUNGLE LOST BOYS SYNDICATE SWARBRICK 12.3 AUS 100 WHO KNOWS DOUGLAS FOSTER J24 USA 50066 SOLARUS NOEL STERRETT J130 5621 WILD BLUE YONDER TERRY RHODES NOELEX 30 7096 SOLUTION PEPPERNELL / LEE / CONWAY JEANNEAU So349 87 WILD CHILD RICHARD & LISA TREWEEKE PHANTOM 32 CYC 54 SOLVEIG ANNIE LAWRENCE JOHN WHITFIELD Halvorsen 36 Sloop 5494 WILD EAGLE PAUL MULHERIN ADAMS 40 38038 SOLVEIG II DAVID MCLEAN XP 38 AUS 7001 WILD OATS X THE OATLEY FAMILY REICHEL PUGH 66 700 SOMMERBREEZE HANS SOMMER CAVALIER 350SL AUS 10001 WILD OATS XI THE OATLEY FAMILY REICHEL PUGH 100 AUS 92 SOPHIA PHILLIP MELLOR FLYING TIGER 6492 WILD ONE LARKI MISSIRIS SYDNEY 38OD 6801 SORTIE NEIL WILLIAMS BAVARIA 46 4343 WILD ROSE BRETT EAGLE/GORDON SMITH MICHAEL WARD/MARK CAHUGU/ SANDY PITTMAN IMS/IRC RACER 5273 SOUNDTRACK JOHN AMOS J35 M 118 WILD SPIRIT KEVIN HORNE ELLIOTT 9.6CR 1770 SOUTHERN STAR JOHN ANTHONY CALVERT-JONES FARR 40 OD SYD 111 WILDE RUSH ARTHUR/ROBERT LANE/SOUTHERTON BENETEAU 51.1 2578 SPARKLE STEPHEN PRINCE CUSTOM HERISOFF 26 8484 WINDFLYT DOUG STURROCK TOWNSON 36 8347 SPEEDWELL COLIN GEEVES BENETEAU 34.7 6188 WINE DARK SEA SARAH GODDARD-JONES PETER LOWNDES MKL 49 AUS 21 SPIRIT GRAEME WILSON IACC 263 WISTARIE BILL & LEONIE RATCLIFF MOODY S38 819 SPIRIT OF BISCAY NIGEL McCARTHY VAN DER STADT 34 WOOLLOOMOOLOO LOUISA GEDDES E22 4869 SPIRIT OF DEFIANCE JENS RASMUSSEN DEFIANCE 30 6953 WOT EVA DAVID PESCUD TP 52 SPIRITBIRD PHILLIPE MENGUEL MUMM 30 CRU WYLLAWAY JOHN HARRIS PILOT HOUSE MOTOR CRUISER 6393 SPORTS BAR NEVILLE & JOANNE BLAIR BENETEAU 47.7 XANADU JAMES MILLS BENETEAU 39s3 6686 ST JUDE NOEL CORNISH SYDNEY 47 5805 XANTHIPPE BERNARD O'SULLIVAN ADAMS 48 6504 STAR OF ANTLIA SID FRENCH HUNTER 340 AUS 868 YANDOO XX NEVILLE WITTEY ETCHELL 760 STARBUCK HUGH DOWLING COLE 40 YARRANDI DAVID GRIFFITH MARTEN 49 AUS 203 STARPAC TERRY WISE PACIFIC SAILING SCHOOL J24 789 YARRAWIN LANG WALKER CLASSIC 60 5132 STARSTRUCK DAVEAU KEN DAVIS JEANNEAU ONE DESIGN A 5 YEAH BABY MARC & LOUIS RYCKMANS WELBOURN 50 3 STEADFAST INSURANCE YOUTH SAILING ACADEMY ELLIOTT 7.0 YENDYS ROBERT DOEL ADAMS 8 508 STORMY PETREL KEVIN O'SHEA SPARKMAN STEPHENS 37 6014 YEOMANS PHIL GOYMOUR BENETEAU FIRST 31.7 CRU STREETER STEPHEN SMART PEARL LUGGER 840 YOUNGSTAR GARRY CORSTORPHAN YOUNG 840 CRU STRUTH JAIME MCINTYRE GREEN 42 1097 YUM SING PAUL HUNTER PRINCE 53444 SUMATRA BASIL, SHANE and TRISTAN DIETHELM SWAN 48 1612 ZARA JOHN GRIFFIN 8585 SUMMERCLOUD II RICHARD MOORE MOTTLE HKG 1943 ZEPHYR JEREMY MEAD FARR 41 MX 6326 SUNSHINE JOHN KIRBY JEANNEAU SUN ODYSSEY 45.2 43 ZEPHYROS GABE KEMENY ZESTON 40 SUNSHINE MCKENZIE OLIVER KETCH 5531 ZIG ZAG II GRAHAM THOMPSON J 35 9900 SUPERFINE GEORGE WALDTHAUSEN CAVALIER 350 SL 6311 ZIPPIER ANDREW WAUGH THOMPSON 8 8975 ZORA PHILLIP KING SALONA 45
58 CRUISING YACHT CLUB OF AUSTRALIA ANNUAL REPORT YEAR END MARCH 31 2019 CRUISING YACHT CLUB OF AUSTRALIA ANNUAL REPORT YEAR END MARCH 31 2019 59 The CYCA would like to thank its sponsors and partners for supporting across 2018-2019.
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