Historic Houses Trust of The Hon Robyn Parker MP Minister for the Environment Minister for Heritage Parliament House Macquarie Street NSW 2000

Dear Minister On behalf of the Board of Trustees and in accordance with the provisions of the Annual Reports (Statutory Bodies) Act 1984, the Public Finance and Audit Act 1983 (the PF&A Act) and the Public Finance and Audit Regulation 2010, we submit for presentation to Parliament the Annual Report of the Historic Houses Trust of New South Wales for the year ending 30 June 2011. Yours sincerely

Michael Rose Kate Clark Chairman Director

Historic Houses Trust Head Office The Mint 10 Macquarie Street Sydney NSW 2000 T 02 8239 2288 F 02 8239 2299 E [email protected] TTY 02 8239 2377 (telephone for people with hearing disabilities) This report and all our programs are published on our website www.hht.net.au

cover: Side plate, Spode, England, c1830–40, , photograph Scott Hill © HHT | Garden ornament, c1920s, Caroline Simpson Library & Research Collection, photograph © Paolo Busato | Sugar basin, c1860, , photograph Scott Hill © HHT | Holey dollar, 1813, Caroline Simpson Collection, photograph © Brenton McGeachie | Green tassels, c1890, Rouse Hill House & Farm, photograph © Jenni Carter | Pistol, Justice & Police Museum, photograph © Jenni Carter | Vase, c1880, Rouse Hill House & Farm, photograph © Peter Murphy | Candlestick, 1880, The Hamilton Rouse Hill Trust Collection, photograph © HHT | Bangala – water carrier, Phyllis Stewart, 2009, , photograph © Jenni Carter | Violoncello, 1814, Museum of Sydney, photograph © Jenni Carter | Pocket watch, c1816, Vaucluse House, photograph Scott Hill © HHT | Hill’s Alphabet Blocks, c1875, Rouse Hill House & Farm, photograph © Jenni Carter | Wax doll, 1853, Vaucluse House, photograph © Jenni Carter | Pin cushion, c1880, Vaucluse House, photograph © Rob Little | Fan, c1900, Meroogal, photograph © Alex Kershaw | Clock tin, late 19th century, Rouse Hill House & Farm, photograph © Jenni Carter | Chess piece (knight), c1850, Elizabeth Bay House, photograph Scott Hill © HHT | Heirloom pears from the Vaucluse House kitchen garden cast in coloured resin, Janet Tavener, 2010, photograph © Janet Tavener inside front cover: Three young visitors enjoy the Historic Houses Trust’s Garden music festival in the grounds of Government House, photograph © Daniel Boud, 2009

2 Contents

Our year in brief Appendices 8 From the Chairman 52 Trustees 10 From the Director 53 Management Group 54 Committees Our achievements 56 Associated groups 14 Involvement 56 Admission fees 16 Access & enjoyment 57 Self-generated income 24 Conservation & curatorship 58 Disability Action Plan 27 Stability 58 Multicultural Policies 29 Wellbeing & Services Program 30 Knowledge 58 Ethical standards 58 Privacy Management Plan About the HHT 59 Records 34 Who we are 59 Government information 35 Our properties 59 Consumer response 42 Our collections 59 Electronic service delivery 42 Endangered Houses Fund 59 Legal change 45 How we are managed 59 Cost of the Annual Report 45 Board of Trustees 60 Human resources 45 Management Group 62 Financial information 46 Organisational chart 64 Staff 47 Heritage & Portfolio Group 67 Volunteers 47 Creative Services Group 48 Commercial & Marketing Financial statements Services Group 48 Operations Group Foundation financial statements 48 Committees 126 Index 48 The Foundation 127 Contacts 49 Members 128 Production credits 49 Volunteers

3

Our year in brief HISTORIC HOuSES TRuST Annual Report 10 > 11

World Heritage 200 listing years

Hyde Park Barracks is It is 200 years since now a uNESCO World Heritage site, part of became Governor of the Australian Convict New South Wales. Sites serial nomination. We celebrated by reinstating the Aboriginal guardhouse domes communities at Hyde Park Barracks.

Darug and Dharawal communities helped us to better interpret Aboriginal history at Rouse Hill House & Farm, Vaucluse House and Elizabeth Bay House. Buildings 930,379 at risk

The number of people Our Endangered who enjoyed HHT Houses Fund is properties, exhibitions saving six properties: and other activities. Beulah, Exeter Farm, An additional 1.2 Glenfield, Moruya million people manse, Nissen hut visited our public and . open spaces.

Reinstatement of Hyde Park Barracks domes, photograph © HHT | Redcoats and convicts, Hyde Park Barracks Museum, photograph © James Alcock Bangala – water carrier, Phyllis Stewart, 2009, Museum of Sydney, photograph © Jenni Carter | Beulah (detail), photograph © Paolo Busato 6 HISTORIC HOuSES TRuST Annual Report 10 > 11 | Our year in brief

Sydney to 33,900 Menindee hours 850km

The number of hours Students from our 237 volunteers Menindee Central donated to the HHT School and 22 other across our museums, rural schools enjoyed events, public programs our new Connected and projects. Classrooms program, 383 A convict story. events

We entertained our visitors with walks, talks, tours, Sydney Open, the fabulous Fifties Fair and much, much more. Location Location 7 7,145 Location!

The number of people HHT properties across who were used as locations enjoyed our three for filming and touring exhibitions: photography Femme fatale, Built including MasterChef, for the bush and Tony Robinson Smalltown. explores Australia and Vogue Living.

Femme fatale: the female criminal exhibition graphic (detail), photograph © Jenni Carter | Heirloom pears from the Vaucluse House kitchen garden cast in coloured resin, Janet Tavener, 2010, photograph © Janet Tavener | Tony Robinson, right, with Jacqui Newling in the Vaucluse House kitchen (detail), photograph © Alice Ford 7 HISTORIC HOuSES TRuST Annual Report 10 > 11

From the Chairman

This is my first review since joining the Historic Houses Trust of New South Wales (HHT) Board as Chairman in August 2010. When I joined the board, I was conscious of the HHT’s well-deserved reputation for boldness in its scholarship, exhibitions and education programs. I am very pleased that the HHT has continued to build on this reputation. This past year has been an exceptional year for visitor numbers. In 2010–11 the HHT welcomed more than 930,000 people to its museums, public and commercial events, exhibitions and other activities. This number includes 358,229 paid admissions – a 5% increase over last year – around 29,000 people who attended our public programs and more than 77,000 people who visited our three travelling exhibitions touring regional New South Wales and other parts of Australia. All these visitors had the opportunity to experience the HHT’s beautiful and unique properties and collections, view remarkable and thought-provoking exhibitions, and absorb the stories and knowledge that come from the HHT’s dynamic presentation of history and places. Of all the HHT’s activities in the last year, it is perhaps its educational work that will have the most lasting impact. This year more than 63,000 students took part in HHT education programs – a record achievement and one that we are particularly proud of. We also pioneered a new online Connected Classrooms initiative, supported by the Foundation for the Historic Houses Trust of New South Wales, which reached around 2300 pupils from urban and regional schools. Half of those schools had never participated in an HHT program before, and the majority of schools were located more than 200 kilometres from Sydney, including schools in Gilgandra and Menindee. With more students visiting our properties and participating in our Connected Classrooms program, the HHT is bringing history and a sense of place, culture and continuity to a new generation, helping children put modern Australian life into a wider and richer context. Our staff are justifiably proud of our education programs and of the relationships we have with schools throughout New South Wales. One-third of primary-school-aged children in New South Wales live in the state’s fastest growing area, Western Sydney. Last year we opened the restored schoolhouse and covered outdoor learning area at Rouse Hill House & Farm. This year we moved the car park and visitor facilities to the main entrance on Windsor Road to make better use of the new buildings and concentrate our visitor facilities in one place. The HHT’s long-term ambition is to create a proper cultural centre at Rouse Hill that will provide exhibition and community spaces, a cafe and other amenities for both the Rouse Hill Regional Park and the HHT site. The last 12 months also saw the Hyde Park Barracks inscribed as a World Heritage site. To coincide with this important recognition of one of Sydney’s most significant buildings, the HHT launched a new exhibition, Convict Sydney, at the barracks. Also with the support of the Foundation, we began work on reconstructing the barracks’ guardhouse domes as a fitting tribute to Lachlan

Michael Rose, photograph Scott Hill © HHT

8 HISTORIC HOuSES TRuST Annual Report 10 > 11 | Our year in brief

Macquarie, whose 200th anniversary of swearing-in as Governor of New South Wales was celebrated in 2010. With the Opera House on Bennelong Point, Macquarie Street now has a World Heritage site at each end, adding to its significance as a major cultural and historical destination. The HHT knows better than anyone that not every historic building can or should be a museum. Supported by the Foundation, our Endangered Houses Fund is unique within Australia in taking on historic buildings at risk and finding new uses for them. This year we acquired Throsby Park (built 1834) and we now have six very different projects across the state. We were honoured that the quality of our restoration work at Exeter Farm earned the project an Energy Australia Award for the Conservation Built Heritage at the National Trust Heritage Awards this year. This year’s Annual Report particularly celebrates the HHT’s collections. As one of Australia’s largest state museums, we hold significant collections, including objects, photographs, archives and archaeological artefacts, which are distributed across our eight house museums and four public buildings. Our acquisitions this year included a new collection of material related to Rouse Hill gifted by Ann, Angus and Jamie Lidstone, direct descendants of Richard Rouse. One of our priorities is to improve public access to our collections and our new digital library project, supported by HHT Members, will make available a selection of highly significant trade catalogues (1849–1900) relating to brass beds, furniture, hardware, ironwork, joinery, lighting, linoleum, plaster, stained glass, terracotta, tiles and wallpaper. Most of these items are held in no other public collection in Australia and, in some cases, in no other public international collection. Our project will make this very rare material accessible to all Australians and to researchers around the world. The work of the HHT is carried forward with great energy and enthusiasm by many people including permanent staff and volunteers. That energy and enthusiasm is evident to our many visitors, members and supporters. On behalf of my fellow Trustees, I would like to thank everyone who has contributed to the success of the HHT in the last year.

Michael Rose, Chairman 30 June 2011

9 HISTORIC HOuSES TRuST Annual Report 10 > 11

From the Director

The highlight of 2010–11 for me was the listing of the Hyde Park Barracks as a World Heritage site, one of 11 inscribed as part of the nomination. It has also been an exceptional year for HHT visitation, with an overall increase in paid visitation of 5%, driven largely by our stunning exhibitions program, including: a new convict exhibition at Hyde Park Barracks Museum; two very different views of Sydney in the Edwardian period, Painting The Rocks: the loss of Old Sydney and An Edwardian Summer, both at the Museum of Sydney (MOS); and, also at MOS, The enemy at home: the story of German internees in World War I Australia. I would also like to highlight our new partnerships with Darug and Dharawal Aboriginal communities, which will enable us to better tell the stories of Rouse Hill House & Farm, Vaucluse House and Elizabeth Bay House. Our regional presence has been very strong with around 77,000 people attending our travelling exhibitions at 14 different regional museums and galleries. With the support of the Foundation, our Endangered Houses Fund is able to deliver conservation outcomes throughout the state with six current projects at Moruya, Belmont North, Appin, Casula, Glenwood and the Southern Highlands. Almost 6000 people attended our biennial Sydney Open program, which runs over two days and includes 18 popular focus tours and another 65 buildings open as part of the general pass. I particularly want to thank the 420 volunteers and the many building owners who enabled us to make this event a success. We are delighted that our commercial operations bounced back this year, with an increase in commercial venue hire revenue of 11% over last year. Our properties have been very popular as locations for television productions such as MasterChef Australia as well as photo shoots for Vogue Living magazine. I would also like to thank our many partner organisations over the year including the State Library of New South Wales, the Sydney Harbour Foreshore Authority and the NSW Migration Centre, who all supported exhibitions; the , Sydney Architecture Festival and Sydney Writers’ Festival, who worked with us on events; and the Department of Education and Training’s Centre for Learning Innovation. It has been a year of change in terms of our operating environment. With the election of a new state government and in keeping with the Premier’s commitment to heritage, the HHT has moved from Communities NSW to the Office of Environment and Heritage (OEH), as part of the Department of Premier and Cabinet (DPC). Our new Minister is the Hon Robyn Parker MP, who was appointed Minister for Heritage as well as Minister for the Environment. This change is an opportunity to enhance our role as an advocate for history and the historic buildings and gardens of New South Wales, while maintaining our position as one of the largest state museums in Australia. We will continue to work closely with other state cultural institutions including the , the State Library of New South Wales and the , and build on existing links with organisations such as the Royal Botanic Gardens & Domain Trust.

Kate Clark, photograph Scott Hill © HHT

10 HISTORIC HOuSES TRuST Annual Report 10 > 11 | Our year in brief

Our new Chairman, Michael Rose, chaired his first Trustees meeting in August 2010. Architects Craig Allchin and Roderick Simpson also joined the board this year, bringing strategic expertise in urban planning and design. Trustee Penny Pike concluded her final term in December. Penny has been a consistent advocate for high standards of heritage conservation within the HHT. She devoted a huge amount of time to us, and was tireless in attending events and other activities. Penny worked particularly closely with our members organisation, and I know that we will all miss her critical eye and genuine passion for our work. Trustee John Montgomery also resigned this year. John brought to the HHT the wisdom of many years experience in urban planning and we thank him also for his support. Two new people joined the senior management team: Brent Sennitt as Acting Assistant Director, Operations, and Julie Turpie as Assistant Director, Commercial Services & Marketing. I would like to thank Mike Field, former Assistant Director, Marketing & Business Development, who presided over a growth in our commercial income, the development of our new shop at The Mint and our website, and we wish him well in his new role. We completed the first phase of a major restructure of the HHT, designed to better use our resources, rethink how our properties operate and improve our ability to respond to online, digital and interpretation issues. Twelve new managers were appointed, of whom almost all were existing HHT staff. They have had a busy year dealing with new roles and helping us with the next phase of the process, and I want to thank each of them for their hard work and dedication. All of this has meant a year of change for many staff. I particularly want to thank Chairman Michael Rose and all of the Trustees for their support this year, as well as the senior management team of Caroline Butler-Bowdon, Ian Innes, Damian Poole, Julie Turpie and Brent Sennitt. I want to thank all staff, acknowledging that continuing to deliver the results and quality of the work highlighted throughout this annual report at the same time as managing organisational change has been a big achievement. I would also like to thank our Foundation and our Members for their support. Finally, in 2010 the HHT gained a new colleague. It is 200 years since Lachlan Macquarie was sworn in as Governor of New South Wales. We took part in many events over the year, working closely with the Macquarie 2010 Bicentenary Committee and lending what is purported to have been Elizabeth Macquarie’s violoncello to the celebrations. The statue of Governor Macquarie designed by John Dowie in 1973 has been moved from the front of Parliament House to the forecourt of The Mint, next to Macquarie’s barracks and facing down Macquarie Street. I hope he would be proud of his legacy.

Kate Clark, Director 30 June 2011

11 HISTORIC HOuSES TRuST Annual Report 10 > 11

12 HISTORIC HOuSES TRuST Annual Report 10 > 11 | Financial information

Our achievements

13 HISTORIC HOuSES TRuST Annual Report 10 > 11

A wider range of people are involved in 1 | Involvement understanding, interpreting and caring for the past.

We recognise that understanding, interpreting and debated the current proposal for a new referendum caring for the past is not something we can do in for constitutional change to recognise Indigenous isolation. We need to find more opportunities for Australians. people to make an active contribution to what we do Where relevant, we endeavour to include Aboriginal through developing partnerships with other cultural stories in each of our exhibitions. For example, the new institutions, strengthening community involvement Convict Sydney exhibition at the Hyde Park Barracks with our properties, and encouraging and supporting Museum includes stories about Aboriginal people who volunteers. lived in Sydney during the convict era. Working with Aboriginal Working with partners communities Over the year we have developed a number of A key priority for the HHT is to work in partnership with important partnerships with other organisations. Aboriginal people and communities to better These have included: understand, interpret and share the Aboriginal stories > working with the State Library of New South Wales associated with our properties and collections. to deliver the exhibition An Edwardian Summer and At Rouse Hill House & Farm, Leanne Watson, a Darug with the Sydney Harbour Foreshore Authority to woman from Western Sydney, helped us to develop a create the exhibition and book, Painting The Darug showcase for the new Visitor Centre, facilitated Rocks: the loss of Old Sydney; participation of Elders and artists in the new > working collaboratively with the NSW Migration interpretation, and gave us feedback on our education Heritage Centre, who provided curatorial and programs and guided tours. She provided Aboriginal financial support for The enemy at home exhibition interpretation and cultural training sessions for our staff, and publication; which will assist us to present the Darug story to visitors > teaching a course on exhibition development for and school groups. Leanne will also help us to develop the Museum Studies Course at the university of ideas for future Aboriginal-focused programs. Sydney, drawing on our sites and exhibitions; and At Vaucluse House and Elizabeth Bay House, Dharawhal developing a six-month lecture program on man Michael Ingrey from the La Perouse Aboriginal museum audiences for an HHT staff member to Community and Aboriginal history and heritage deliver in Sydney and Hong Kong; consultant Paul Irish enabled us to explore Aboriginal > collaborating with the Sydney Architecture Festival connections to both properties as a basis for new and ABC Radio National to develop and broadcast interpretation. As part of NAIDOC Week (3–10 July 2011) an opening event for the festival at Government we offered a day tour of the Aboriginal sites at Vaucluse House, at which Richard Leplastrier, architect, David House, and Elders and members of the La Perouse Clark, editor of Vogue Living, and Ruth Ritchie, Aboriginal Community provided traditional boomerang journalist and author, joined other well-known and shell-work workshops. Australians to discuss house, home and shelter; The exhibition From Little Things Big Things Grow at the > delivering a series of events for Trustwords, part of Museum of Sydney (MOS) charted the story of the fight the Sydney Writers’ Festival; for Indigenous civil rights from the 1920s to the 1970s > working with the New South Wales Department of through the stories of some courageous individuals. Education and Training’s Centre for Learning As part of the project, the HHT organised tours to the Innovation to improve the online components of our museum for the National Native Tribunal and the exhibitions and with Distance and Rural Technology Jumbunna Indigenous House of Learning at the (DART) on the Connected Classrooms Program; university of Technology Sydney, and, in association > developing forums for school groups at Liverpool with ANTaR (Australians for Native Title and Regional Gallery and in Wagga Wagga with the Reconciliation), launched the DVD Freedom Ride: Architects’ Registration Board; 40 years on. We also held a seminar at MOS that

14 HISTORIC HOuSES TRuST Annual Report 10 > 11 | Our achievements

> partnering with New South Wales Police tours, outreach programs, and their informal role of prosecutors, who assisted us in training guides at networking with the wider community. the Justice & Police Museum and helped to develop Volunteers played a critical role in delivering the biennial a mock trial education program; Sydney Open event in November, with around 420 > working closely with the History Council of New volunteers conducting guided tours and helping to South Wales. manage the many visitors at all 65 buildings. Each of these partnerships has enabled us to reach new The Soft Furnishings Volunteer Group worked on a audiences, access new resources and undertake range of textile-related projects at Elizabeth Bay House, projects that we would not have been able to do alone. and also helped to make the mob-caps and aprons for We would like to express our gratitude to each of the our Childsplay program at Elizabeth Farm. organisations involved. A working group including volunteers, enthusiasts and local descendants of joined us for six Volunteers days prior to the opening of Throsby Park to ‘deep This year nearly 240 volunteers donated 33,900 hours to clean’ a dozen rooms. Tasks included cleaning floors, the HHT, the equivalent of almost 5000 working days. joinery, furniture, glass, silver and brass; washing In March 2011 Her Excellency Professor Marie Bashir textiles; and removing adhesive tape residue from a AC CVO, Governor of New South Wales, attended a variety of surfaces. morning tea to celebrate 15 years of volunteering at Eleven students undertook internships with the HHT, Government House. She acknowledged the volunteers’ assisting with activities in teams as diverse as Marketing dedicated service, their extraordinary ability to and the Endangered Houses Fund. communicate the HHT’s philosophies and work through

Phyllis Stewart, Boolarng Nangamai Aboriginal Art and Culture Studio artist, photograph © Paolo Busato | Soft Furnishing Volunteer Group at Elizabeth Bay House, photograph Scott Hill © HHT 15 HISTORIC HOuSES TRuST Annual Report 10 > 11

We provide more people and a wider 2 | Access & range of people access to our properties, enjoyment collections, programs and knowledge.

We aim to find new and different ways for people to Regional presence enjoy our properties, collections, programs and knowledge. We work to ensure people feel welcome by Around 77,000 visitors attended the three HHT regional engaging with a wider range of audiences, using digital touring exhibitions: Built for the bush: the green and other media to improve access to our work, and architecture of rural Australia, which highlights the improving access for people with disabilities. influence of bush architecture on modern designers; Smalltown, which brings together Martin Mischkulnig’s One of our biggest success stories in 2010–11 was that unromanticised photographs of remote settlements in overall general paid visitation increased by 5%, much of Australia with words from Tim Winton; and Femme which was driven by the immensely successful fatale: the female criminal, an exhibition that contrasts exhibitions at our city museums. the romanticised image of women criminals in Exhibitions & publications mythology and popular culture with the stories of real offenders. These exhibitions travelled to 14 different This year the HHT delivered four major exhibitions, as regional museums and galleries in 2010–11. well as a wide range of other exhibitions and displays. We also reached regional audiences through a wide At the Hyde Park Barracks Museum we installed a new range of other projects including our Endangered semipermanent exhibition, Convict Sydney, which tells Houses Fund program, our new Connected Classrooms the story of convicts and their role in building Sydney. program and the Justice & Police Museum outreach Visitors can wander the streets of 1820s Sydney on our education project. Our staff also provided professional giant map, try on a set of leg-irons, and learn more expertise to regional museums. Around 150 items from about the forced transportation of convicts, their daily our collections were loaned to regional museums, either lives and how they helped to build the colony. through our touring exhibitions or our Museum in a box The exhibition Painting The Rocks: the loss of Old program. Our work was profiled in more than 15 regional Sydney at the Museum of Sydney (MOS) revisited an newspapers. exhibition of artworks from 1902 that showed ‘Old Sydney’ at a time when it faced demolition in its Improving digital & online access transformation from colonial city to urban metropolis. Our biggest innovation this year was the launch of our An Edwardian Summer, also at MOS, presented the first Connected Classrooms program, A convict story, beautiful photographs of Arthur Wigram Allen taken in based on the well-attended Rats and Convict life Sydney between 1890 and 1934. The exhibition was programs at the Hyde Park Barracks Museum. A convict curated by Howard Tanner, Caroline Mackaness and story transports students back in time to explore what Judith Ainge. life was like for convicts. Through hearing the stories The enemy at home: the story of German internees in of the convict presenter, students gain insights into World War I Australia presented a hitherto unknown everyday life for convicts, how and why they were collection of photographs taken in German internment to Australia, and the importance of convict camps in New South Wales during the first world war. labour to the development of the new colony. Schools Guest Curator Nadine Helmi discovered the collection connect with the HHT via a monitor and video- in Germany and worked with the HHT to bring this conferencing equipment, creating an interactive extraordinary story to light. classroom. Students are active participants in the lesson We published three new books to coincide with the and are able to examine artefacts and primary sources. MOS exhibitions, with Painting The Rocks jointly The target audience for this program is Stage 2 (Years published with the Sydney Harbour Foreshore Authority 3–4), ages 8–10. and The enemy at home co-published with uNSW Around 2300 children from 23 schools took part in Press. We also presented a wide range of public A convict story in 2010–2011. More than 50% of those programs related to those exhibitions including talks schools were new to the HHT and several have a high and walks. percentage of Aboriginal students (for example,

16 HISTORIC HOuSES TRuST Annual Report 10 > 11 | Our achievements

Gilgandra with 33%) or are schools with a high Education percentage of non-English-speaking-background (NESB) children (Greenway Park with 60%). The majority It has been a record year for education with more than of schools that participated are located more than 63,000 students attending education programs across 200 kilometres from Sydney including schools from all of our properties – our highest number ever. This Gilgandra, Khancoban, Byron Bay, Kempsey West, reflects increased visitation at Elizabeth Farm, MOS, Goulburn North and Menindee. Rouse Hill House & Farm and Vaucluse House, as well as the success of our new Connected Classrooms In 2010–11 the HHT established the Web and Screen program. The majority of students attended primary Media Team, which is responsible for improving all programs (44,724), and more than 16% of all students aspects of our digital operations across the web and were from rural areas. This year marked the first full year throughout our interpretive programs. of operation for the new schoolhouse at Rouse Hill Website visitation: House & Farm. > visits to website: 545,000 (an increase of 25% from the previous year); > page views: 1.8 million (an increase of 30% from the previous year); > 5% of visitation was from a mobile device (an increase of 1% from the previous year).

Commendation National Trust Awards 2011, highly commended in Education – Corporate/Government for Lessons from the past: changes and continuity in schooling at Rouse Hill House & Farm

Miss Fox (Belinda Mitrovich) teaching a class in the old schoolhouse, Rouse Hill House & Farm Open Day, photograph © HHT

17 HISTORIC HOuSES TRuST Annual Report 10 > 11

Public programs Celebrating diverse cultures Around 29,000 visitors attended 383 HHT events Cultural diversity is an important part of the history and including tours, talks, walking tours and collaborative distinctiveness of Sydney. Several exhibitions at MOS projects with external partners. showcased cultural diversity including the photographic The annual Fifties Fair was once again a huge success exhibition 52 suburbs and Mirror: Jeannie Baker, which with numbers reaching close to 5000 people on a fine made a strong connection between the everyday lives and sunny day. The Bohemian ball at Elizabeth Bay of a Sydney boy and a boy living in a remote Berber House celebrated the property’s bohemian past with village in Morocco. North African culture was celebrated life drawing, burlesque entertainment and other through events associated with Mirror, such as activities. performances of Moroccan music, and in the development of a new flexible education program for Our major biennial event, Sydney Open, which took K–6, Mirror: two stories, and a school holiday program, place on 6 and 7 November, was one of the signature Cut and paste. events of the Sydney Architecture Festival. Nearly 6000 people – a record number – enjoyed the chance to view The bungalow form of the homestead at Elizabeth Farm 65 buildings across the CBD and at Pyrmont and ultimo. inspired artist Vandana Ram to develop a site-specific The weekend was a huge collaboration between HHT exhibition, Verandah, as part of Parramasala, the staff and more than 400 volunteers. Australian Festival of South Asian Arts. The event featured a Rajasthani dance troupe organised and Access to collections funded by Parramasala and was opened by the Consul General of India. The Caroline Simpson Library & Research Collection developed a digital library project that provides access Improving access for people to a selection of highly significant trade catalogues relating to brass beds, furniture, hardware, ironwork, with disabilities joinery, lighting, linoleum, plaster, stained glass, The HHT constantly works to improve access to our sites terracotta, tiles and wallpaper from 1849 to 1900. and programs for people with disabilities. This year we Most of the items are held in no other public collection welcomed 211 education bookings from groups with in Australia and, in some cases, in no other public special needs. At Rouse Hill House & Farm we trialled collection internationally, thus making this very rare Earn your keep, a new farm activity for groups with material accessible to all Australians and to researchers intellectual disabilities. Many students with learning around the world. (See also page 42.) difficulties have benefited from programs that we have targeted to their needs. Broadening our audiences The partnership with Studio ARTES gathered strength The HHT welcomes seniors groups to our sites through this year. Adult artists with disabilities from this Probus tours and special interest groups, and celebrates groundbreaking studio undertook a project at three Seniors’ Week with free entry to all our properties. With HHT sites: , Hyde Park Barracks its focus on wider issues surrounding policing, equity Museum and Rouse Hill House & Farm. The project built and justice, the Justice & Police Museum has proved on the HHT’s longstanding tradition of working with popular with a wide range of organisations including contemporary artists and, in the process, proved Christian Community Aid, who arranged two visits for inspirational. The artists produced a body of work that groups of Chinese immigrants, the Youth Drug and reflects both their fresh vision and the relationships they Alcohol Court, youth groups from the Ted Knoffs developed with the HHT sites. The result of this Foundation, Taldumande Youth Services for young collaboration will be displayed at The Mint in late 2011. homeless people and Job Centre Australia. Eight Indigenous students from Maitland TAFE attended an education program at the museum.

18 HISTORIC HOuSES TRuST Annual Report 10 > 11 | Our achievements

Paid visitation numbers

(Includes general admission, public programs, venue hire, education and outreach.)

Australia/overseas Australia New South Wales

Australia 69.9% New South Wales 87.0 % Northern Sydney 21.03% Overseas 25.7% Victoria 5.1% Western Sydney 19.03% Not collected 4.4% Queensland 4.4% Rural 17.03 % South Australia 1.5% Inner city 16.97% Western Australia 1.5% Eastern Suburbs 10.38% Tasmania 0.5% South Sydney 9.11% Inner west 6.45%

Paid admission 1980–2011

(Includes general admission, public programs, venue hire, education and outreach.)

400,000

350,000

300,000

250,000

200,000

150,000 Number of peopleNumber of 100,000

50,000 10 –11 97–98 91–92 81–82 87–88 92–93 01–02 07–08 94–95 93–94 95–96 82–83 89–90 96–97 02–03 90–91 98–99 80–81 86–87 88–89 84–85 06–07 83–84 85–86 03–04 99–00 00–01 04–05 05–06 08–09 09 –10

Years 1980 –2011

19 HISTORIC HOuSES TRuST Annual Report 10 > 11

Visitation Exhibition since opening visitation Exhibitions of exhibition (1 July 2010 – 30 June (until 30 June 2011) 2011)

Title Location Exhibiton dates Visitors days av Visitors days av

Convict hulks: Hyde Park Barracks 4 Aug 07 – 22 Aug 10 206,243 1,106 186 10,135 53 191 life on the prison ships Museum

Hyde Park Barracks Convict Sydney 11 Sept 10 – 31 Dec 12 59,647 291 205 59,647 291 205 Museum

Sin city: crime and corruption Justice & Police 1 May 10 – 5 June 11 42,460 399 106 33,875 338 100 in 20th-century Sydney Museum

Persons of interest: Justice & Police 18 June 11 – 29 Apr 12 2,154 13 166 2,154 13 166 the ASIO files Museum

Up the Cross: Museum of Sydney 20 Feb – 8 Aug 10 40,164 169 238 9,792 39 251 Rennie Ellis & Wesley Stacey Skint! Making do in the Museum of Sydney 27 Mar – 25 July 10 29,577 120 246 7,020 25 281 Great Depression Painting The Rocks: Museum of Sydney 7 Aug – 28 Nov 10 25,030 114 220 25,030 114 220 the loss of Old Sydney

Mirror: Jeannie Baker Museum of Sydney 14 Aug – 10 Oct 10 14,537 58 251 14,537 58 251

Boomburbs: Andrew Merry Museum of Sydney 16 Oct 10 – 13 Feb 11 25,528 120 213 25,528 120 213

An Edwardian Summer Museum of Sydney 11 Dec 10 – 26 Apr 11 32,819 135 243 32,819 135 243

The enemy at home: the story of German internees Museum of Sydney 7 May – 11 Sept 11 12,881 55 234 12,881 55 234 in World War I Australia

52 suburbs Museum of Sydney 14 May – 9 Oct 11 11,984 48 250 11,984 48 250

Major events

Title Location Total visitors Date

Fifties Fair Rose Seidler House 4,762 Sunday 29 Aug 2010

Sydney Open Outreach 1,589 Saturday 6 Nov 2010

Sydney Open Outreach 4,398 Sunday 7 Nov 2010

Carols by candlelight Vaucluse House 2,200 Friday 12 Nov 2010

Jazz in the garden Vaucluse House 941 Sunday 21 Nov 2010

Open house Rose Seidler House 731 Sunday 6 Mar 2011

Garden music Government House 1,700 Sunday 13 Mar 2011

House music Government House 1,386 Various dates

Redcoats and convicts Hyde Park Barracks Museum 910 Sunday 26 June 2011

20 HISTORIC HOuSES TRuST Annual Report 10 > 11 | Our achievements

Visitation Tour since opening visitation Travelling exhibitions of exhibition (1 July 2010 – 30 June (until 30 June 2011) 2011)

Title Location Exhibiton dates Visitors days av Visitors days av

Built for the bush: the Museum of the 10 Apr – 18 July 10 6,030 97 62 1,119 18 62 green architecture of Riverina – Wagga Wagga rural Australia Temora Rural 24 July – 14 Sept 10 730 53 14 730 53 14 Museum Pioneer Park Museum – 24 Sept – 28 Nov 10 1,664 66 25 1,664 66 25 Griffith

Lady Denman Heritage 11 Dec 10 – 27 Mar 11 2,884 106 27 2,884 106 27 Complex – Huskisson

Liverpool Regional 2 Apr 11 – 12 May 11 156 29 5 156 29 5 Museum – Liverpool

National Archives of 3 June 11 – 11 Sept 11 2,016 19 106 2,016 19 106 Australia – Canberra

Femme fatale: National Archives of 14 June – 12 Sept 10 10,310 91 113 8,384 74 113 the female criminal Australia – Canberra Western Australian Museum – 24 Sept – 21 Nov 10 15,565 59 264 15,565 59 264 Kalgoorlie-Boulder Western Australian 3 Dec 10 – 23 Jan 11 6,513 50 130 6,513 50 130 Museum – Geraldton

Western Australian 4 Feb – 20 Mar 11 8,356 44 190 8,356 44 190 Museum – Perth National Wool 4 Apr – 13 June 11 5,732 48 119 5,732 48 119 Museum – Geelong Queen Victoria Museum & Art 25 June – 4 Sept 11 12,616 6 2,103 12,616 6 2103 Gallery – Launceston Western Australian Smalltown 15 Oct – 3 Dec 10 895 50 18 895 50 18 Museum – Geraldton Western Australian Museum – Maritime, 10 Dec 10 – 11 Feb 11 9,568 62 154 9,568 62 154 Fremantle The Painted Tree 25 Mar – 8 May 11 550 72 8 550 72 8 Gallery – Northcliffe The Vancouver Arts 14 May – 4 June 11 397 21 19 397 21 19 Centre – Albany Total 83,982 77,145

21 HISTORIC HOuSES TRuST Annual Report 10 > 11

Visitor breakdown

2011 % difference 2010 2009

Paid admissions

General public 172,096 12 154,232 151,390 Education 59,682 2 58,775 54,384

Public programs 15,058 -34 22,659 18,652

Venue hire 97,279 -2 98,931 100,032

Outreach 11,571 133 4,966 8,246

Outreach (education)1 2,543 – – –

Paid admission total 358,229 5 339,563 332,704

Free entry

Complimentary tickets 58,918 -12 66,967 52,670

Free public programs 6,608 -19 8,118 10,842

Government House2 147,96 6 -4 153,861 152,697

Government House education3 1,418 – – – Other4 280,095 8 260,524 364,458

Free entry total 495,005 1 489,470 580,667

travelling exhibitions

Built for the bush: the green 8,569 – 9,824 – architecture of rural Australia Cook’s sites – – – 13,530 Drugs: a social history – – – 225,719 Law and order: regional police – – – 7,820 and court buildings 1850–1920 Meroogal Women’s Arts Prize 2008–2009: – – – 4,062 celebrating the everyday things women do Meroogal Women’s Arts Prize 2009–2010: – – 5,353 – books and the world of ideas Nissen hut student design competition – – – 2,671 Femme fatale: the female criminal 57,16 6 – 1,950 Smalltown 11,410 – – Subtotal 77,145 – 17,127 253,802 Total (properties, exhibitions and activities) 930,379 – 846,160 1,167,173

grounds (through traffic)

Hyde Park Barracks Museum forecourt 309,358 -1 312,406 239,793 First Government House Place – Museum of Sydney 829,294 5 789,081 601,127 Vaucluse House – parklands and beach paddock 68,935 13 61,075 6,099 Grounds total 1, 207, 587 Grand total 2,137,966 6 2,008,722 2,014,192

1 In previous years outreach education was included in outreach. 2 Includes house tours, vice-regal and grounds. 3 In previous years Government House Education was included in Government House. 4 Includes site visits, internal bookings and events, cafes, shops, public sculptures etc.

22 HISTORIC HOuSES TRuST Annual Report 10 > 11 | Our achievements

Media coverage Award Media coverage 2011 2010 2009 2008 Interpretation Australia National Awards for Print and online 1,596 1,285 1,120 426 Excellence 2010 – bronze articles award for Built for the bush: green architecture Radio interviews 29 235 212 163 of rural Australia

Television stories 32 19 14 24

Outreach Commendation National Trust Awards Outreach 2011 2010 2009 2008 2011, highly commended in Interpretation and Paid admissions Presentation, Corporate and Government for Public programs 7, 239 626 5,736 1,930 Painting The Rocks: the loss of Old Sydney – book, Education 2,543 552 257 513 exhibition and iPhone application with the Sydney Properties 4,332 3,788 2,253 4,083 Harbour Foreshore Authority Total 14,114 4,966 8,246 6,526

Visitors enjoying the Convict Sydney exhibition, Hyde Park Barracks Museum, photograph © Paolo Busato

23 HISTORIC HOuSES TRuST Annual Report 10 > 11

Our properties and collections are 3 | Conservation handed on to future generations in & curatorship good heart.

We aim to put research at the heart of all of our work, clearing, the turnpike road and its surviving make good use of our curatorial expertise, make archaeology, Rouse Hill House and 19th-century informed decisions and properly maintain our farming, and 20th-century urbanisation and properties and collections. In 2010–11 we also set out demographic change. to make our conservation process more visible. In February 1954, 8000 people attended the Queen’s Garden Reception held on the eastern terrace of World Heritage listing Government House, where fashionable sandstone crazy In July 2010 the Hyde Park Barracks became a uNESCO paving had been laid on all the main paths as part of the World Heritage site along with ten other places in refurbishments for Her Majesty’s visit. After 60 years of Australia associated with our convict history. From service, the paving has been replaced with new 1817 to 1848, almost 50,000 convicts passed through sandstone flagging and upgraded lighting to ensure the the barracks, which today stands as a tangible reminder terrace meets current standards for safety and amenity. of the global system of transportation that existed in We carried out the project without restricting public the late 18th and early 19th centuries. Other Sydney access to the superb harbourside gardens and, with sites in the group listing include Cockatoo Island, Old assistance from Royal Botanic Garden Sydney & The Government House and Domain in , and the Domain staff and the HHT Gardening Team, much of the Old Great North Road in Dharug National Park. Our terrace was opened for the investitures in late August exhibition Convict Sydney was timed to coincide with 2010. The results are outstanding and the paving is the uNESCO listing, and shows the harsh reality of complimentary in colour, finish and design to the life under the convict system. existing central pathway. Conservation projects Collections acquisitions , Governor Lachlan Macquarie’s A very important collection of Rouse family papers has favourite architect, designed the Hyde Park Barracks in provided detailed insight into the early enterprises of 1815, complete with domed corner pavilions and domed Richard Rouse between 1792 and 1849 (see page 30). guardhouses fronting Macquarie Street; only the north The collection is the gift of Ann, Angus and Jamie corner pavilion dome at the barracks has survived. Lidstone, direct descendants of Richard Rouse, and will Funded by the Foundation for the Historic Houses be held at The Mint in the Caroline Simpson Library Trust of New South Wales and the New South Wales & Research Collection. Government, our reinstatement of the timber-shingled This year we added depth to our diverse collections guardhouse domes (which had disappeared by 1850) with the acquisition of: has been prompted by the removal of fibreglass > a rare volume on English encaustic tiles and a trade capping installed in 1981. This had caused deterioration catalogue of tile patterns from 1844. These designs of the surviving original sandstone parapet, and were used in 19th-century Gothic Revival reinstating the domes is the best way of preserving architecture and can be directly related to tiles the integrity of the roof. The project also allows us to found in colonial houses across New South Wales; re-create an important element of Greenway’s > a collection of books donated by leading Sydney original design. architect Howard Tanner (well known for his work Our new Visitor Centre at Rouse Hill House & Farm, in the heritage field) that spans the history of completed this year with the support of HHT Members, Australian architecture and design, landscapes and brings the focus of the property back to Windsor Road gardening; – its historic anchor – and has allowed us to expand our > a Luna Park chess set made by renowned Sydney interpretation of the site to include the culture of the artist Peter Kingston in 2001. A playful evocation of Darug people who occupied the place before and after the historic and much-loved fun park, the set the Rouses arrived, early land settlement and forest

24 HISTORIC HOuSES TRuST Annual Report 10 > 11 | Our achievements

consists of 32 colourful enamel-painted cast resin Endangered Houses Fund chess pieces and a chequered board. It was given to the HHT through the Commonwealth Cultural Gifts Supported by the Foundation, our Endangered Houses Program; Fund (EHF) enables us to acquire historic buildings at > a magnificent early 19th-century bronze statuette, risk, and repair and then market them with conservation gift of the Copland Foundation and a private donor. covenants to ensure their long-term protection. This equestrian statue of Marcus Aurelius – similar to We took possession of Throsby Park, an important one bought by William Charles Wentworth during colonial-period house and estate, at a ceremony held in an Italian trip in the 1850s and described in the September 2010 that was attended by several hundred Vaucluse House auction inventory of 1900 – was people including Throsby family members and acquired from an antiques dealer in Rome. supporters. The EHF plans to return the house to We continue to conserve our collections to a high residential use via a long-term lease. Our curatorial staff standard. For example, we undertook a major restoration created an inventory and condition assessment of the of the Augustus Earle portrait of Governor Sir Thomas property’s contents and collections. Brisbane (painted 1826) at Government House, and the We were also delighted that the HHT and Design 5 recording and assessment of an important collection of Architects were the joint winners of the Conservation colonial furniture and books at Throsby Park, an Built Heritage for Project under $1 million Corporate/ Endangered Houses Fund property. Government category for the Exeter Farm project at

Reinstating the Hyde Park Barracks domes, photograph © HHT

25 HISTORIC HOuSES TRuST Annual Report 10 > 11

the National Trust of Australia (NSW) 2011 Heritage Awards. Conservation of Exeter Farm has been Award completed, and we are currently finalising details of the subdivision that will allow the property to be put on Energy Australia Awards 2010 (The the market. National Trust of Australia – NSW), jointly shared with Design 5 This year we acquired Beulah, a superb 80-hectare Architects, won for Conservation rural property on Sydney’s south-western fringe that Built Heritage for the restoration of comprises an early colonial house, farmland and the Endangered Houses Fund 60 hectares of rare Woodland. property Exeter Farm We worked closely with the Office of Environment and Heritage on a joint biobanking agreement for its long-term preservation. Meanwhile, progress on other projects has been Making conservation more visible excellent: In November 2010 we hosted a seminar entitled > Glenfield has been actively marketed. ‘Is heritage a dirty word in the 21st century?’ in which > A development application (DA) has been lodged leading speakers including Professor Richard Mackay, for repairs to the manse at Moruya. the Hon Dr Meredith Burgmann MLC and Dr Wayne > A revised DA for the Nissen hut has been Johnson debated the future of heritage protection. submitted. The explicit aim of the aforementioned Hyde Park Barracks domes project was to provide opportunities Maintaining our properties for people to learn about traditional building With 12 properties open to the public, we have a techniques. During our annual Redcoats and convicts considerable maintenance obligation. Programmed event, visitors were able to climb the domes scaffolding, maintenance has been carried out in accordance with speak to the builder and learn about the manufacture of the 2010–11 Action Plan forecasts, and this year included traditional shingles, or ‘shakes’. We also hosted a series external painting of the lower levels of the Young Street of talks in which project architects and artisans terraces, cleaning the models of ships at the discussed traditional building methods and materials Museum of Sydney (MOS) and work on the Edge of the used in early 19th-century construction. trees sculpture on First Government House Place. In 2010–11 we provided many opportunities for people A 150-year-old Bunya Pine at Elizabeth Farm collapsed to explore Sydney’s historic buildings and suburbs in October, causing serious damage to the popular through our program of architectural walks and talks, tearooms. The building has since been totally rebuilt, including a presentation by New South Wales incorporating structural improvements that will provide Government Architect Peter Mould on the figurative future flexibility in its use and configuration. carvings that adorn many of Sydney’s 19th-century In order to improve our approach to maintenance we public buildings. In April 2011 a tour of the Centenary undertook a snapshot report of the current state of all Stonework Program stoneyard enabled visitors to learn of our properties. The report found that all major more about the use of sandstone in Sydney and to see buildings are generally well maintained and in good to how blocks of quarried sandstone are turned into finely fair condition, and that there is no major maintenance carved architectural details. Our regular guided tours required. Non-essential maintenance is needed across explore archaeological sites in The Rocks and Millers a number of properties, and areas requiring major Point, including the Big Dig site at Sydney Harbour periodic maintenance were the subjects of capital YHA, where the foundations of 40 buildings have been bids to Treasury. incorporated into a modern development, and Parbury Ruins, the underground remains of an 1820s cottage.

26 HISTORIC HOuSES TRuST Annual Report 10 > 11 | Our achievements

The HHT becomes a more resilient 4 | Stability organisation with a secure future.

Our aims include improving public awareness of the Raising awareness of the HHT HHT, investing in and developing our properties, increasing self-generated revenue, better controlling The HHT secured strong media coverage this year with our costs and reducing our carbon footprint. more than 1600 media stories, including HHT properties featured in the Tony Robinson explores Australia Investing in new facilities television series; the Channel 7 Sunrise program broadcasting live weather reports from Hyde Park Our major capital project for the year has been the Barracks Museum, Vaucluse House and the Justice & creation of a new car park and visitor facilities at Rouse Police Museum; and an article about the Boomburbs Hill House & Farm, supported by HHT Members. With exhibition at the Museum of Sydney (MOS) on the one-third of New South Wales primary school children front page of The Sydney Morning Herald. now living in Western Sydney, we need to attract new audiences and create new facilities in the area. The Controlling our costs opening of the restored schoolhouse last year and the completion of the new schools facilities and covered This year we balanced the budget despite unfunded outdoor learning area (COLA) was the first stage of our salary increases, general price rises and the need to development. The second stage was moving the car meet the global efficiency dividend and ICT savings. park and visitor facilities from Guntawong Road to the All staff made a huge contribution to this result through main entrance on Windsor Road. Our long-term holding down salaries and operational costs and ambition is to create a proper cultural centre and through an improved commercial performance at a interactive farm experience at Rouse Hill that will time of organisational restructure. provide a cafe, toilets, and exhibition and community spaces for the Rouse Hill Regional Park and our site. Reducing our carbon footprint The HHT is committed to environmental sustainability Generating income and is actively working to reduce its carbon footprint. In 2010–11 the HHT’s income from paid admissions rose Initiatives aimed at reducing our carbon footprint during by 5% and is at its highest level in five years. Income 2010–11 included: from education groups equalled its highest return on > installing energy-efficient LED exhibition lighting in record. Commercial venue hire income increased 11% the Focus Gallery at MOS; from last year; The Mint in particular experienced strong > introducing recycled cardboard as a substitute for venue hire from the business sector with an increase in non-recyclable materials in the construction of revenue of 19%. It was also a strong year for commercial exhibition structures for the Persons of interest: filming and photography with Vaucluse House the ASIO files exhibition at the Justice & Police increasing its revenue by 46% and Elizabeth Bay House Museum; reporting its highest recorded level. Film and > recycling glass, plastic, aluminium, cardboard and photography shoots at HHT properties included the paper at our head office, and donating leftover television series MasterChef Australia and The Block, a exhibition material to Reverse Garbage; Samsung Galaxy television commercial and multiple feature film shoots. > commissioning a Level 2 energy audit of our Macquarie Street properties to identify Despite being a poor year for the retail sector generally, opportunities for reduced energy consumption our retail income improved towards the end of the year, and carbon emission, and reducing electricity reporting its highest level overall for four years. consumption at our Macquarie Street sites for A major event was the annual Becks Festival Bar, in the second year in succession; partnership with the Sydney Festival, which attracted around 17,000 people to the Hyde Park Barracks to hear some of the world’s best bands and DJs.

27 HISTORIC HOuSES TRuST Annual Report 10 > 11

> participating in environmentally sustainable management practices training provided by the Building Institute of Training and Development in Award cooperation with the New South Wales Office of Greater Sydney Tourism Environment and Heritage Sustainability Advantage Award 2010 – bronze for program; Heritage & Cultural Tourism at Elizabeth Farm > reducing the HHT vehicle fleet and using vehicles with higher Environmental Protection Agency ratings; > using the New South Wales Government electricity contracts, which include a provision for 6% green power; > partnering with AGL Energy to continue to offer commercial event clients at MOS and The Mint the option of powering their events with 100% green energy.

Recycled materials were used in the Persons of interest: the ASIO files exhibition, Justice & Police Museum, photograph © Jenni Carter

28 HISTORIC HOuSES TRuST Annual Report 10 > 11 | Our achievements

5 | Wellbeing The wellbeing of our staff improves.

In 2010-11 the HHT embarked on a major restructure. We provide opportunities for development through The aim was to focus the organisation around four key expressions of interest and higher duties allowances. areas of work: caring for properties, reaching audiences, The HHT ensures diversity of representation on generating income and corporate responsibility. Our recruitment panels and internal bodies such as the properties have been brought together into portfolios, OH&S Committee, SAMPAC, Joint Consultative reducing staff isolation and enabling people to work Committee and job evaluation panels. across properties. We are also clarifying roles and responsibilities, especially where there are currently a Improving Occupational Health variety of position descriptions and grades for similar & Safety roles. We have reviewed the service teams that support our properties and have created new teams to improve We continued to implement the Occupational Health our web presence, the interpretation of our properties & Safety and Injury Management Plan 2009–11 as and our heritage expertise. recommended by the auditors. During the year 12 new team leaders were recruited to This year our OH&S Committee implemented new head each of the new teams, the majority of whom were policies and procedures with the assistance of a existing HHT staff. specialist OH&S consultant. We replaced the existing constitution with an updated Terms of Reference and Skills and training Consultation Statement to better reflect changes in the structure of the organisation. We drafted new workers The HHT maintains an exchange program with the compensation and rehabilitation policies and also National Trust in England that gives staff an opportunity conducted chemical and substance audits on every to broaden their experience and better understand property. All sites now have a risk register, created international trends. This year’s exchange scholarship through site visits and consultation with managers was awarded jointly to Ruth Bath, Media Relations and staff. Manager, and David Wilson, Building Trades and Maintenance Manager. Ruth looked at how media and In comparison to last year there has been a significant public affairs issues are handled at the National Trust, improvement in OH&S performance. For example, as at which now has more than three million members, while June 2011 there were only three ongoing incidents, David examined how National Trust properties manage compared with 12 in the previous October. The number their maintenance and conservation work. Every year of significant incidents subject to workers compensation the HHT Members support the Phillip Kent Staff claims has been reduced by half and we have no Development scholarship, which this year was awarded potential public liability claims (see page 61). to Jane Kelso. Jane will be studying records related to HHT buildings held in united Kingdom repositories. Better managing risk In 2010–11 we undertook a survey of staff training needs In September 2010 we reviewed our risk register and and established a calendar with a series of courses, put in place a new Internal Audit Function Charter, a giving priority to Occupational Health & Safety (OH&S) new Audit and Risk Charter and Risk Management for supervisors, customer service and basic software Framework in order to comply with the six core applications. We also supported staff affected by requirements of the Internal Audit and Risk organisational change with career development advice, Management Policy for the NSW Public Sector. assistance with applying for new roles and stress Two new audits were undertaken by Deloitte Touche management workshops. Tohmatsu in 2010–11: Collections Management and We support staff by offering flexible work practices Collections Physical Security (see page 62). Deloitte including flex days and rostered days off, maternity Touche Tohmatsu issued a draft report in May 2011 with leave, and family and community service leave. no significant findings.

29 HISTORIC HOuSES TRuST Annual Report 10 > 11

We use our knowledge and expertise 6 | Knowledge and work with others to change the way people think about heritage and the past.

We promote the value of conservation, challenge accompanied by a film that discusses some of the assumptions about the past, work to maintain our controversies around the development of the site. creative edge and encourage more people to discover This year was also the 30th anniversary of the their own past. eradication of small pox. We marked the event with a seminar discussing Sydney’s fight against the disease Macquarie celebrations throughout the 19th century. The event was hosted by In 2010 the HHT was delighted to support many of the Hyde Park Barracks Museum, which had held the events associated with the 200th anniversary of the vaccine material between 1857 and 1887. swearing in of Lachlan Macquarie as Governor of New South Wales, including taking part in the Researching the past Bicentenary Commemorations Committee. The statue We enable more people to research their own history of Lachlan Macquarie designed by John Dowie, which through the Caroline Simpson Library & Research had been moved from Parliament House, was re-erected Collection (CSL&RC) and our online databases and in the forecourt of The Mint, close to Hyde Park Barracks resources. This year, almost 3000 people visited the and looking down Macquarie Street. We also loaned CSL&RC, while more than 45,000 people accessed our what is purported to have been Elizabeth Macquarie’s online material. We also managed more than 4600 violoncello to the celebrations, and hosted a discussion telephone requests for information about history and of Macquarie’s green legacy between Dr Tim Entwistle, our collections. The CSL&RC has continued its active then Director of the Royal Botanic Gardens Trust, and outreach program, hosting group visits from Lidcombe historian Colleen Morris, which was held at the Museum TAFE Interior Design, uNSW Architecture, Sydney of Sydney (MOS). university Heritage Conservation, Enmore Design, Newcastle TAFE library technicians and Meadowbank Challenging views of the past TAFE Museum Studies. Our exhibitions have an excellent reputation for Perhaps the most significant addition to the collection challenging views of the past. This year The enemy at this year was the donation of a very important collection home at MOS presented the story of German of Rouse family papers spanning the years 1792–1849. internment camps in Australia during World War I, while The material includes: receipts relating to Richard Rouse Sin city at the Justice & Police Museum shone a light on as an auctioneer; correspondence, deposit slips, crime and corruption in 20th-century Sydney. chequebook stubs and bankbooks (1830–48); victualling On 5 March 2011 curator Fergus Clunie marked the notebooks for convicts assigned to Richard Rouse anniversary of the Battle of Vinegar Hill in 1804 with a (1821–38); a fragment of a notebook containing details talk about his own groundbreaking research into the of a trip to Guntawang (1827); invoices and receipts location of the battle and its connections to the site of relating to building work; miscellaneous items of legal Rouse Hill House & Farm. using maps and historical correspondence (1832–45); rent and mortgage sources, Fergus has shown that the most likely site for documentation for properties in Parramatta and the battle was Rouse Hill. Richmond (1838–48); deeds, receipts and conveyances relating to property in Parramatta and elsewhere (1811); First Government House was demolished in 1845–46, Rouse family accounts (1844–49); documents relating to and its archaeological remains lie under First Richard Rouse’s position as Superintendent of Public Government House Place and MOS. As many visitors Works and Convicts at Parramatta; and correspondence struggle to understand the location of the original and accounts relating to the shipment and sale of wool building and in order to better interpret its story, curator to England (1835). The donation of the material was Jane Kelso worked with model maker Lesley Osborne to brokered by staff from Rouse Hill House & Farm. create a new model of the original building based on meticulous historical research. The model is

30 HISTORIC HOuSES TRuST Annual Report 10 > 11 | Our achievements

Maintaining a creative edge key screen and media arts organisations. A group of artists presented ten site-specific works using video, Our Colonial Gastronomy series of hands-on events and mobile phone, digital software, and touch- and practical demonstrations continues to excite audiences. motion-sensitive techniques. At Vaucluse House, artist In The lost art of potting, visitors learned about the Janet Tavener developed an installation of colourful traditional method used to preserve meat and shellfish. cast-resin sculptures, Out of the mould, which brought The four-course Waterloo dinner at Vaucluse House together the heirloom fruit and vegetable varieties still re-created the celebratory spirit in the New South Wales grown in the kitchen garden today and the property’s colony following Wellington’s 1815 victory at Waterloo collection of copper jelly moulds. with a banquet featuring a selection of dishes from the Regency period, served with matching wines and complemented by curator talks. The HHT has a long tradition of working with artists at our properties. At Government House the New ideas exhibition used digital media to interpret the history and significance of the house. The exhibition was a collaboration between the HHT, the School of Media Arts at the College of Fine Arts, the university of New South Wales, and d/Lux/MediaArts, one of Australia’s

TAFE design students examine objects from the Caroline Simpson Library & Research Collection at The Mint, photograph Nicole Davis © HHT

31

About the HHT HISTORIC HOuSES TRuST Annual Report 10 > 11

Who we are

The Historic Houses Trust (HHT) was established under We collect, catalogue and conserve material relating the Historic Houses Act 1980 to manage, conserve and to our core themes of domestic material culture, the interpret the properties vested in it for the education history of art, architecture and design, and aspects of and enjoyment of the public. We are a statutory Sydney’s social history related to our sites. The authority of the state government of New South Wales, collections held at our museums are valued at more funded this year through Communities NSW up until the than $37 million and comprise 250,000 archaeological transition to the Office of Environment and Heritage in artefacts, more than 47,500 objects, more than 130,000 April 2011. We are one of Australia’s largest state glass-plate negatives, a library collection and a growing museum bodies. Over the last 30 years we have grown digital collection – all of cultural significance to the from a small organisation into one of the state’s major history of New South Wales. (See also page 42.) heritage and cultural institutions, managing and We raise 29% of our budget through commercial conserving sites of historical and cultural importance operations and paid activities. We have a thriving venue that tell a story about the history and development of hire business, several retail outlets, four commercial New South Wales. cafe/restaurants, and our properties are in demand We care for portfolio assets valued at more than as locations for both film and photography shoots. $318 million (excluding works in progress) including We have an innovative program of public events and buildings, land and museum collections. Our built assets activities, and a busy program of education activities. comprise 20 historic buildings dating between 1793 Every year more than 60,000 school children, across and 1950, and include several of the earliest surviving all stages K–12, attend education programs at our colonial buildings in Australia, as well as major public properties that are linked closely to the school buildings of the Macquarie era. curriculum. A new Connected Classrooms program We maintain and open 12 properties to the public: allows children throughout the state to enjoy our Elizabeth Bay House, Elizabeth Farm, Government programs via new technology. We stage more than House, the World Heritage listed Hyde Park Barracks, 350 public programs and events each year ranging Justice & Police Museum, Meroogal, Museum of Sydney from large outdoor festivals to small specialist tours. on the site of first Government House, Rose Seidler Our innovative exhibitions bring history to life through House, Rouse Hill House & Farm, exploration of various themes such as architecture, Museum, The Mint and Vaucluse House. All but Indigenous history, convicts, orphans, criminals and Government House are on the New South Wales State Sydney’s suburbs. Each exhibition is addressed in a Heritage Register, and the Museum of Sydney and the unique way to create an engaging experience for our Hyde Park Barracks are also on the National Heritage visitors. We also write, edit and design books on true list. (See also pages 36–9.) crime, history, architecture, home furnishings, gardens The HHT also maintains 38 hectares of land including and photography. (See also page 16.) public spaces, farmland and gardens, as well as We work with and are supported by a members infrastructure such as roads, farm dams, 8 kilometres of organisation, a Foundation, numerous sponsors and fences and gates. Our principal landscapes include the hundreds of volunteers. We form partnerships with formal historical colonial gardens, public park and beach other cultural institutions, artists, community groups, at Vaucluse House and 18 hectares of farm and open universities and voluntary organisations. land at Rouse Hill House & Farm. Our gardens include some of the oldest and best surviving historical plant collections in Australia found outside botanical collections.

34 HISTORIC HOuSES TRuST Annual Report 10 > 11 | About the HHT

Our properties

Acquired/ assumed management Property Opened Status

1980 Vaucluse House 1980 Museum 1980 Elizabeth Bay House 1980 Museum 1984 Elizabeth Farm 1984 Museum 1984 Lyndhurst (sold 2005) Offices and library 1985 Meroogal 1988 Museum 1987 Rouse Hill House & Farm 1999 Museum 1988 Rose Seidler House 1991 Museum 1990 Hyde Park Barracks Museum 1991 Museum 1990 Justice & Police Museum 1991 Museum 1990 Museum of Sydney 1995 Museum on the site of first Government House 1990 Young Street terraces – Offices 1990 Susannah Place Museum 1993 Museum 1993 Walter Burley Griffin House (sold 1995) Conservation project 1996 Government House 1996 State house and garden 1998 The Mint 1998 & 2004 Offices and library 2003 former Rouse Hill Public School 2010 Museum and education facilities 2007 Tusculum – Leased 2007 Exeter Farm – Endangered Houses Fund project 2007 Glenfield – Endangered Houses Fund project 2008 Nissen hut – Endangered Houses Fund project 2009 Moruya Presbyterian manse – Endangered Houses Fund project 2010 Throsby Park – Endangered Houses Fund project 2010 Beulah – Endangered Houses Fund project

35 HISTORIC HOuSES TRuST Annual Report 10 > 11

The Mint Elizabeth Bay House Elizabeth Farm One of the oldest buildings in Elizabeth Bay House was built in Elizabeth Farm is Australia’s oldest central Sydney, The Mint consists of 1835–39 by the architect surviving colonial homestead, built two structures: the south wing of for the Colonial Secretary, Alexander in 1793 for the family of John and Governor Lachlan Macquarie’s Macleay, and his family. A superb , who lived there General Hospital (constructed example of a Greek Revival villa, it until 1850. It once stood on a 1811–16) and the Coining Factory enjoys a magnificent setting 1000-acre (405-hectare) property (built 1854–55). The site became the overlooking Sydney Harbour. The stretching east from Parramatta, first overseas branch of the Royal saloon, with its elegant cantilevered with a river frontage on three sides. Mint when the Coining Factory was staircase, is regarded as the finest This was Darug country, sustained constructed at the rear. The Mint interior in Australian colonial by the Burramattagal, Wangal and operated until 1926; the site then architecture. The house’s interiors Wategora people. By the late 1820s housed a succession of government are notable for their detailing, the prosperous Macarthurs had departments until 1997, with the particularly the quality of the joinery, transformed their farmhouse into Macquarie Street building converted plaster and stonework. The fine a smart bungalow surrounded by into a museum in 1982. In 1997 the collection of Australian cedar ‘pleasure grounds’ rich in exotic building was transferred to the furniture (including pieces from plants and fruit trees. urban and HHT, which undertook extensive the Caroline Simpson Collection) industrial development chipped conservation and redevelopment of reflects the neoclassical tastes of the away at the estate in the late the site. The Coining Factory early 19th century. The house was 19th century. In 1904 the homestead, buildings were converted to office restored by the state government now on less than 5 acres (2 hectares), accommodation in 2004. As well as and transferred from the Elizabeth was sold to the Swanns, a large being the HHT’s head office, The Bay House Trust to the newly formed household of resourceful women Mint also houses the Caroline HHT in 1980. A favourite of students who occupied and protected the Simpson Library & Research of design and social history, Elizabeth property until 1968. Elizabeth Farm Collection (see page 42), The Mint Bay House presents an evocative has been managed by the HHT Shop, the Cafe, the picture of early 19th-century life since 1983; the unique hands-on, Foundation for the Historic Houses before the economic depression of experience-based house museum Trust of New South Wales, the HHT the early 1840s forced Macleay to opened in 1984. Members and function spaces. leave the house.

The Mint (detail), photograph © Paolo Busato | Elizabeth Bay House (detail), photograph Scott Carlin © HHT | Elizabeth Farm (detail), photograph © Patrick Bingham-Hall 36 HISTORIC HOuSES TRuST Annual Report 10 > 11 | About the HHT

Government House Hyde Park Barracks Justice & Police Government House, built between Museum Museum 1837 and 1845, was designed by The Hyde Park Barracks was built The Justice & Police Museum houses Edward Blore, Special Architect to between 1817 and 1819 by convict a unique collection of objects William IV. Set within extensive workers under the direction of relating to crime, policing and legal landscaped grounds, Government architect (and former convict) history, including a significant House is the finest example of a Francis Greenway, and functioned forensic photography archive of castellated Gothic Revival house in as the colony’s principal convict more than 130,000 glass-plate Australia. As the centre of state establishment. Designed for negatives. Designed by the NSW ceremonial functions since 1845, the 600 men, the building sometimes Colonial Architects Edmund Blacket house occupies a special place in slept 1400. From 1848 to 1886 the and James Barnet, the building the public consciousness of Sydney barracks housed government- complex was originally the Water and the history of New South Wales. assisted female immigrants and an Police Court (1856), Water Police Almost two million people have employment office. Wards for Station (1858) and Police Court visited the property since the house destitute women operated on the (1886). The Justice & Police Museum was opened to the public in 1996. upper floor after 1862. In 1887 the now features a variety of displays The HHT coordinates a diverse site was remodelled as a legal including spinechilling weapons, program of vice-regal, complex, with courts, judges’ bushranging artefacts and physical Commonwealth and state chambers and government agencies evidence from notable crimes. government functions, cultural and crowded together until 1979, when A dynamic exhibition program community events, public tours, and work on the museum began. Today, explores both historical and education and public programs at the barracks uses the fabric and contemporary issues relating to the property. The conservation and spaces of the building as well as crime and its consequences, and refurbishment of Government House its rich archaeology collection daily education activities reveal the continues to be guided by the to unravel stories of its occupants worlds of justice and policing to principle of uniting best practice and uses over the past 190 years. school students. conservation with contemporary The Hyde Park Barracks was placed design innovation. on the uNESCO World Heritage List in 2010 as part of the Australian Convict Sites listing.

Government House (detail), photograph © Leo Rocker | Hyde Park Barracks Museum (detail), photograph © Bruce usher | Justice & Police Museum (detail), photograph © Jenni Carter 37 HISTORIC HOuSES TRuST Annual Report 10 > 11

Meroogal Museum of Sydney Rose Seidler House Meroogal is located in the South The modern Museum of Sydney on Built between 1948 and 1950, Rose Coast town of Nowra. This the site of first Government House Seidler House was designed by fascinating Gothic Revival timber was opened to the public in 1995. internationally renowned architect house, designed by Kenneth Designed by one of Sydney’s best Harry Seidler AC, OBE for his parents, MacKenzie and built in 1885, was known architects, Richard Johnson, Max and Rose. It is one of the finest home to four generations of women it occupies the site of Australia’s first examples of mid-20th-century from the same family. Meroogal’s Government House, built in 1788 as modern domestic architecture and rich collection of personal objects home and office for the colony’s first its original furniture forms one of the provides insights into the daily governor, . most important postwar design routines, domestic chores and The museum forecourt, known as collections in the country. Seidler social lives of the house’s former First Government House Place, was awarded the Sulman Medal in occupants. Meroogal and the preserves the remaining foundations 1952 for his design of Rose Seidler support of family enabled the of the house below, while above House, and the house has been Thorburn and Macgregor women ground the art installation Edge highly influential, stimulating much to live independently without of the trees marks the site of first social comment and intellectual undertaking paid employment. It contact between the British debate as a manifestation of the was both a home and an economic colonisers and the Gadigal people. modern principles of space, the resource, providing food and fuel The museum’s evocative displays unity of arts and architecture from the garden and rent from take visitors on a journey exploring coupled with structural engineering, occasional paying guests and Sydney’s people, places and culture and industrial design. It is presented tenants. Without Meroogal, the – then and now. Visitors can learn in its original 1950 scheme. Nestled lifestyles of the women who lived about our city’s first people, inspect in natural bushland at Wahroonga there might not have been possible. models of the First Fleet ships with panoramic views of Ku-ring-gai and peer into the archaeological Chase National Park, Rose Seidler remains of first Government House. House embodies the postwar wave An exciting program of changing of design and style ideals that so exhibitions reveals this great city’s strongly influenced Australia’s distinctiveness. built environment.

Meroogal (detail), photograph © Patrick Bingham-Hall | Museum of Sydney (detail), photograph © Paolo Busato | Rose Seidler House (detail), photograph © Justin Mackintosh 38 HISTORIC HOuSES TRuST Annual Report 10 > 11 | About the HHT

Rouse Hill House Susannah Place Vaucluse House & Farm Museum Vaucluse House was built between Rouse Hill House & Farm was built Susannah Place Museum is a terrace 1805 and the early 1860s. between 1813 and 1819 and is of four houses incorporating a Constructed in the Gothic Revival surrounded by one of Australia’s re-created 1915 corner grocer shop. style, it is Sydney’s most romantic earliest surviving gardens. Originally Located in the heart of The Rocks, it 19th-century harbourside villa, set in a much larger estate, the was built in 1844 by Irish immigrants retaining ornamental and kitchen house is one of the oldest and was continually occupied until gardens, and outbuildings. The continually occupied homes in 1990. The terrace survived largely estate was purchased in 1827 by Australia, and its significance lies unchanged through the slum William Charles Wentworth, lawyer, in the survival of its almost clearances of the 1900s and the explorer and statesman, who took unchanged interiors and furnishings, area’s redevelopment in the 1970s. a leading role in the achievement of and the collection of objects from In 1993 the HHT worked with the responsible government for New six generations of the Rouse family. (then) Authority to South Wales in 1856. The New South The site contains a section of the develop and open Susannah Place Wales Government purchased part original Windsor Road turnpike laid as a museum. Today, the museum of the Vaucluse estate in 1910 to down by Governor Macquarie in tells the often overlooked stories of provide public access to the Sydney 1812–13 and an associated stretch the lives of ordinary people. Harbour foreshores. The house was of the Hawkesbury Road laid down Susannah Place was home to more opened to the public in 1912 and, in 1794, along which the 1804 Battle than 100 different families; their since that time, has been an of Vinegar Hill took place. The estate occupancy is still evident in the important place for the presentation was bought by the state government many layers of paint, wallpapers, of Australian history. The HHT has in 1978 and in 1987 was transferred linoleums, modifications and repairs restored the property to reflect the to the HHT, who opened it to that have survived. Wentworth family’s occupation in the public in 1999. In 2003 the 1827–53 and 1861–62. Department of Education transferred the Rouse Hill Public School (built 1888) to the HHT, who restored it back to its original appearance in 2010.

Rouse Hill House & Farm (detail), photograph © Paolo Busato | Rear of Susannah Place Museum (detail), photograph © Leo Rocker | Vaucluse House (detail), photograph Scott Hill © HHT 39 HISTORIC HOuSES TRuST Annual Report 10 > 11

Breakdown of visitor numbers

Elizabeth Bay House Hyde Park Barracks Museum

Paid admissions 2011 2010 2009 Paid admissions 2011 2010 2009 General public 4,801 5,101 4,928 General public 51,727 42,061 45,254 Education 283 256 481 Education 15,037 15,817 16,214 Public programs 488 703 1,734 Public programs 1,004 426 163 Venue hire 1,390 692 694 Venue hire 57,417 64,446 57,973 Subtotal 6,962 6,752 7,837 Subtotal 125,185 122,750 119,604 Free entry Free entry Complimentary tickets 800 806 959 Complimentary tickets 4,124 4,928 5,691 Free public programs 185 2 75 Free public programs 398 2,902 2,439 Other (site visits) 311 179 248 Other (site and shop visits) 28,515 24,634 84,019 Subtotal 1,296 987 1,282 Cafe 35,652 30,312 – Total 8,258 7,739 9,119 Subtotal 68,689 62,776 92,149 Total 193,874 185,526 211,753 Elizabeth Farm Grounds 309,358 312,406 239,793 Paid admissions 2011 2010 2009 Justice & Police Museum General public 4,943 6,141 5,646 Education 10,783 9,492 8,567 Paid admissions 2011 2010 2009 Public programs 217 3,552 148 General public 25,659 19,400 17, 628 Venue hire 456 364 1,111 Education 7,913 8,009 7,444 Subtotal 16,399 19,549 15,472 Public programs 118 480 487 Free entry Venue hire 2,807 3,566 4,082 Complimentary tickets 2,468 446 287 Subtotal 36,497 31,455 29,641 Free public programs 29 114 1,638 Free entry Other (site visits) 317 1,926 2,573 Complimentary tickets 2,873 3,733 2,302 Cafe 1,528 4,010 2,261 Free public programs 201 – 410 Subtotal 4,342 6,496 4,715 Other (site visits) 756 676 431 Total 20,741 26,045 20,187 Subtotal 3,830 4,409 3,143 Total 40,327 35,864 32,784 Government House Meroogal Paid admissions 2011 2010 2009 Public programs 3,980 4,060 4,754 Paid admissions 2011 2010 2009 Venue hire 5,055 4,549 3,789 General public 887 824 915 Subtotal 9,035 10,302 10,490 Education 826 841 858 Public programs 171 69 634 Free entry Education 1,418 1,693 1,947 Subtotal 1,884 1,734 2,407 Complimentary tickets 314 113 – Free entry Free public programs – 603 1,070 Complimentary tickets 230 211 292 House tours 22,526 21,807 20,542 Free public programs 185 312 – Vice-regal functions 12,566 11,424 9,636 Other (site visits) 6 12 29 Other (site visits) 1,418 – – Subtotal 421 535 321 Subtotal 38,242 33,947 31,248 Total 2,305 2,269 2,728 Grounds 112,874 120,630 110,959 TOTAL 160,151 164,879 152,697

40 HISTORIC HOuSES TRuST Annual Report 10 > 11 | About the HHT

Museum of Sydney Susannah Place Museum

Paid admissions 2011 2010 2009 Paid admissions 2011 2010 2009 General public 63,101 60,196 59,210 General public 7, 358 7,035 5,626 Education 7,439 7, 357 6,160 Education 2,369 2,835 3,036 Public programs 1,719 2,298 2,083 Public programs 223 423 419 Venue hire 9,790 9,387 7, 5 41 Subtotal 9,950 10,293 9,135 Subtotal 82,049 79,238 74,994 Free entry Free entry Complimentary tickets 1,306 1,450 871 Complimentary tickets 7,388 8,851 6,899 Free public programs 133 78 4,389 Free public programs 1,413 609 397 Other (site and shop visits) 34,049 27, 628 19,021 Other (site and shop visits) 17, 26 0 16,379 182,267 Subtotal 35,488 29,156 24,281 Cafe 112,594 110,20 0 – Total 45,438 39,449 33,416 Subtotal 138,655 136,039 189,563 Total 220,704 215,277 264,557 The Mint Forecourt 829,294 789,081 601,127 Paid admissions 2011 2010 2009 Rose Seidler House General public 713 36 71 Education – 30 – Paid admissions 2011 2010 2009 Public programs – 2,338 1,559 General public 747 762 773 Venue hire 15,162 14,254 19,232 Education 353 302 286 Subtotal 15,875 16,658 20,862 Public programs 4,804 4,929 4,806 Free entry Venue hire 168 22 308 Free general 28,888 40,863 29,556 Subtotal 6,072 6,015 6,173 Free public programs 798 – 1,085 Free entry Other (site and shop visits) 10,757 – – Complimentary tickets 48 107 12 Cafe 13,079 9,971 6,968 Free public programs 1,199 1,184 1,256 Subtotal 53,522 50,834 37,609 Other (site visits) 41 – – Total 69,397 67,492 58,471 Subtotal 1,288 1,291 1,314 Total 7,360 7,3 06 7,487 Vaucluse House Paid admissions 2011 2010 2009 Rouse Hill House & Farm General public 9,507 9,772 9,118 Paid admissions 2011 2010 2009 Education 6,645 6,263 5,347 General public 3,361 2,904 2,221 Public programs 1,457 2,107 713 Education 8,034 5,880 4,044 Venue hire 4,479 1,475 3,861 Public programs 169 1,274 1,152 Subtotal 22,088 19,617 19,039 Venue hire 555 176 1,387 Free entry Subtotal 12,119 10,234 8,804 Complimentary tickets 2,311 1,979 2,004 Free entry Free public programs 2,200 12 1,506 Complimentary tickets 1,675 1,794 1,227 Other (site and shop visits) 488 – – Free public programs 28 2,302 – Cafe 28,302 29,403 – Other (site and shop visits) 1,354 1,139 962 Subtotal 33,301 31,394 3,510 Subtotal 3,057 5,235 2,189 Grounds 68,935 62,192 74,861 TOTAL 15,176 15,469 10,993 Total 124,324 113,203 97,410

41 HISTORIC HOuSES TRuST Annual Report 10 > 11

Our collections Endangered Houses Fund

Each HHT property holds collections – with an interest in the history of Established in 2005 and supported of historical and modern material house and garden design and by the Foundation for the Historic related to the house and site. The interior furnishing in New South Houses Trust of New South Wales, collections include furniture, Wales from the 19th century to the the Endangered Houses Fund (EHF) ceramics, silverware, soft furnishings, present day. It includes architectural is a program of the HHT that household and personal accessories, pattern books and fragments, wall identifies significant ‘at risk’ costume, artworks, photographs, and floor coverings, manufacturers’ properties and saves them from archaeological artefacts and forensic trade catalogues and sample books, demolition or unsympathetic materials. Most of the objects from garden ornaments, fittings, soft development. The EHF is not about our collections are on show to furnishings, personal papers and creating new public museums; the public. manuscripts, pictures, photographs, instead, properties are conserved, Electronic access to the collections books and periodicals. protected and then offered back is provided to the public through a into the marketplace for the use and suite of online catalogues including Photographic enjoyment of future generations. In the HHT Library Catalogue, the HHT collection this way, funds will revolve and more Pictures Catalogue, the Colonial houses can be saved over time. The HHT cares for a significant Plants Database and the Museums The inspiration for the EHF came collection of photographs including Collections Catalogue. Digital from our own work. In 1993 the HHT more than 130,000 glass-plate content is added to these acquired the then-threatened house negatives created by the New South catalogues as resources allow. The of Walter Burley Griffin and Marion Wales Police Force between 1910 HHT also contributes to national Mahoney in Castlecrag, restoring and 1964, now housed at the aggregated data services including the house and financing the Justice & Police Museum. TROVE, Picture Australia, Design construction of a new house and Art Australia Online, Australian adjacent to the property. The HHT Dress Register and the Museum then sold both properties (having Metadata Exchange. arranged statutory protection and private covenants), saving the home Caroline Simpson of two important 20th-century Library & Research architects and winning widespread Collection praise for this innovative approach to conservation. The Caroline Simpson Library & Research Collection was established as the Lyndhurst Conservation Resource Centre in 1984. In 2004 it was renamed in honour of the late Caroline Simpson OAM (1930–2003), whose outstanding collection of Australian colonial furniture, pictures and objets d’art was gifted by her children to the HHT. The collection is a specialised research resource available to anyone – staff, scholars, heritage and conservation practitioners, museum professionals

Psychedelic circles pattern wallpaper, manufactured by united-DeSoto, uSA, late 1960s. Gift of Chee Soon & Fitzgerald, Caroline Simpson Library & Research Collection 42 HISTORIC HOuSES TRuST Annual Report 10 > 11 | About the HHT

Endangered Houses Fund

Beulah Exeter Farm Glenfield Beulah, Appin, a 200-acre property Transferred to the HHT in 2007, Located in Casula, Glenfield was still in its original landscape setting, Exeter Farm, Glenwood, consists of the first property to be saved was acquired in September 2010. two c1860s early colonial timber slab through the EHF program, with the The State Heritage listed property is buildings that were situated on a buildings and their curtilage an important colonial-era farmhouse once large farming property on the transferred to the HHT in 2007. with outbuildings, a bridge and a north-west outskirts of Sydney. The State Heritage listed property gazebo, and is under threat from When conservation work is of national significance and is encroaching development. The commenced in 2008 the two arguably the most intact house stone homestead was built c1835 by buildings were severely dilapidated surviving in New South Wales from Irish Connor Boland and and had not been inhabited for the Macquarie period (1810–21). the property was later associated decades. The painstaking Dr Charles Throsby, naval surgeon, with the Hume family (of explorer conservation work undertaken by explorer, magistrate and member Hamilton Hume). The former the HHT involved major structural of the Legislative Council, built the Department of Environment, Climate repairs, recladding, replastering, house c1817. Glenfield remained in Change and Water (now Office of the installation of new floors and the Throsby family until the mid the Environment and Heritage) services, and extensive landscaping. 1920s and was also associated in the contributed to the purchase of the The excellence of the conservation 20th century with the Leacock family. property with a covenant to protect of Exeter Farm was recognised with It operated as a dairy farm and was a significant remnant stand of a 2011 National Trust Award (see later managed as the Goodwill endangered Cumberland Plain pages 25–6). Redevelopment of the Co-operative Society communal Woodland; the state’s second major cottages was completed this year farm. The HHT has undertaken vital bioBanking initiative was signed in and included the consolidation of conservation work to the buildings March 2011. A management plan is the four lots that comprise the site and the landscape, and the project currently in development so that into a single lot. Exeter Farm will be was recognised with a Conservation beulah will be sold with a Heritage offered back to the market as a Award by the Royal Australian Agreement under the Heritage Act family home with legal protection Institute of Architects in 2008. 1977 (NSW) to ensure the property’s to ensure both its maintenance long-term security, and with a and ongoing public access. bioBanking agreement to protect the biodiversity values of the site.

Beulah (detail), photograph © Paolo Busato | Exeter Farm after restoration (detail), photograph © Paolo Busato | Glenfield (detail), photograph © Nicholas Watt 43 HISTORIC HOuSES TRuST Annual Report 10 > 11

Moruya manse Nissen hut Throsby Park In 2009 the HHT acquired a The HHT acquired a Nissen Hut in Throsby Park, a 75-hectare historic Presbyterian minister’s house the Lake Macquarie district of property built for Charles Throsby (manse) at Moruya on the New Belmont North in 2008. Designed in in 1834, is located near Moss Vale South Wales far South Coast. 1916 by Lieutenant Colonel Peter in the Southern Highlands of New The c1860s timber building, while Nissen, the prefabricated hut was South Wales. The State Heritage seemingly modest, contains rare and utilised in world wars I and II as a listed property comprises a fine delicate wallpaper and paint finishes military building. This particular hut Georgian homestead, a cottage from the 19th and early 20th century. was one of 33 constructed to house and several outbuildings: dairy, The building is currently in extremely migrants, mostly British, after World dairyman’s cottage, meat house, poor condition, which presents War II; the huts were commonly piggery and timber-framed hay the HHT with the challenge of known as ‘Pommy Town’. The shed. The homestead retains many conserving its significant interiors collection of huts is extremely rare of its original furnishings including while satisfying the requirements in Australia and is highly significant, an extensive and relatively intact of a modern family home. Work as it demonstrates aspects of 19th-century domestic library, which commenced this year, with an initial Australia’s post World War II has been transferred to the HHT’s package of stabilisation and immigration assistance programs. Caroline Simpson Library & Research emergency work to the cottage now A project to conserve and upgrade Collection. Throsby Park was complete. The conservation of the hut to meet modern acquired by the New South Wales the manse is an opportunity expectations is currently being Government and reserved under the for the HHT to extend its regional tendered. Recently, Lake Macquarie National Parks and Wildlife Act 1974 outreach and influence. City Council proposed to nominate (NSW) in 1975. The property was the group of Nissen huts for formally transferred to the HHT in heritage listing. The HHT has the 2010 and a business plan is currently opportunity to conserve one part being prepared for the site. of a highly significant collection of buildings and, by doing so, help to inform debate over the future of other surviving huts.

Moruya manse (detail), photograph © Paolo Busato | Exterior of Nissen hut, No 4 Somerset Street, Belmont North (detail), photograph Nicole Davis © HHT Throsby Park (detail), photograph © Paolo Busato

44 HISTORIC HOuSES TRuST Annual Report 10 > 11 | About the HHT

How we are managed

Board of Trustees Management Group The HHT is governed by nine Trustees, who are The Director manages the day-to-day business of the appointed to the board by the New South Wales organisation and is responsible for implementing the Governor on the recommendation of the Minister policies of the government and the HHT. for Heritage (from April 2011). The five-member Management Group, comprised of One Trustee must have a background in history and the Director and four Assistant Directors, meets weekly one a background in architecture. The Trustees and leads the strategic direction of the organisation. represent a diversity of expertise and experience in (See pages 53–4.) business, law, architecture, social history, conservation, The HHT is structured around four groups: curatorship, education and management. Trustees are Heritage & Portfolio Group, Creative Services Group, appointed for a term of up to three years and may be Commercial & Marketing Services Group and appointed for more than one term, but for no more than Operations Group. three consecutive terms of office. The annual review of the Board of Trustees membership was undertaken in February 2011. In 2010–11 the Chairman worked to an annual Performance Agreement held with the Director-General, Communities NSW.

Michael Rose was appointed as the Chair of the HHT Attended Leave of Eligible to Board of Trustees in June 2010 and chaired his inaugural absence attend meeting in August 2010. John Montgomery resigned Michael Rose 8 1 9 in September 2010 and Penelope Pike served her third (Chairman) and final term, which concluded in December 2010. Craig Allchin 2 – 2 At the beginning of 2011 Grace Karskens and Peter Keith Cottier 8 1 9 Tonkin were reappointed for another term, and two new Bruce Hambrett 7 2 9 Trustees, Craig Allchin and Roderick Simpson, joined the board. (See also pages 52–3.) Grace Karskens 8 1 9 Carol Liston 6 3 9 In December 2010 the board resolved to meet bimonthly rather than monthly, along with the annual Martyn Mitchell 6 3 9 strategic planning day. The board met nine times John Montgomery 1 – 1 during this year and endorsed the Corporate Plan Penelope Pike 4 1 5 2010–15. Trustees attended board meetings as per Roderick Simpson 2 – 2 the table at right. Peter Tonkin 5 4 9

45 HISTORIC HOuSES TRuST Annual Report 10 > 11

Organisational chart Department As at 30 June 2011 of Premier Minister for Heritage and Cabinet

Office of Environment Board of Trustees and Heritage

Members

Director

Foundation Directorate

Commercial & Heritage & Creative Marketing Services Operations Group Portfolio Group Services Group Group

Heritage Team Programs Team Commercial Services Administration Team Team Government House Special Projects Finance Team & Eastern Sydney & Exhibitions Team Marketing Team Human Resources Portfolio Design Team Sponsorship Team Team Western Sydney Interpretation Team Media Relations Team Information & Portfolio Technology Team Collections & City Portfolio Access Team Macquarie Street Web & Screen Portfolio Media Team

46 HISTORIC HOuSES TRuST Annual Report 10 > 11 | About the HHT

Heritage & Portfolio Group Creative Services Group The Heritage & Portfolio Group manages the HHT’s The Creative Services Group enables the HHT houses, museums, landscapes and the Endangered to reach the public through exhibitions, programs, Houses Fund program through place management, websites, interpretation, knowledge and design. maintenance, capital works, conservation management The Programs Team leads the development and planning, collections care, conservation and delivery of events and programs that engage a broad landscaping. range of audiences, attract visitors to our sites, The Heritage Team provides technical leadership and encourage involvement with our collections and specialist skills in the care, conservation and knowledge, and promote the values of the HHT. maintenance of the HHT’s buildings, interiors, The Special Projects & Exhibitions Team helps to landscapes and movable heritage. It also manages engage audiences by developing major exhibitions, the Endangered Houses Fund program. travelling exhibitions, interpretation projects, displays The Government House & Eastern Sydney Portfolio and publications. includes Government House, Elizabeth Bay House and The Design Team provides expertise, advice and Vaucluse House, all of which illustrate the evolution of support in visual communication for all major exhibition 19th-century architecture and interiors, as well as Rose projects, publications, web and new media projects, Seidler House, a significant mid-20th-century house site interpretation, marketing, education and designed by Harry Seidler. commercial materials. The comprises Rouse Hill Western Sydney Portfolio The Interpretation Team provides expertise on museum House & Farm, Elizabeth Farm and Meroogal, including and heritage understanding, and is responsible for beautiful gardens, a former schoolhouse from the late interpretation strategies and content, ensuring different 1800s, a farm, an education centre and wonderful audiences are engaged across the HHT. collections linked to the properties. The Collections & Access Team manages a suite of The City Portfolio includes the Museum of Sydney on online discovery tools that provide access to knowledge the site of first Government House, the Justice & Police and research about the HHT’s collections, sites and Museum, and Susannah Place Museum, all of which buildings, and is responsible for collections acquisitions explore a diverse range of stories from the 19th and and de-accessioning. 20th centuries. The Web & Screen Media Team manages the HHT’s The Macquarie Street Portfolio includes The Mint web projects, digital and new media strategy, website (the HHT’s head office and major commercial venue) and web infrastructure, interactive content, e-commerce and the World Heritage listed Hyde Park Barracks, two systems and social media. of Sydney’s most important early 19th-century buildings on Macquarie Street.

47 HISTORIC HOuSES TRuST Annual Report 10 > 11

Commercial & Marketing Committees Services Group Four Board standing committees – the Audit and The Commercial & Marketing Services Group drives Risk Committee, the Endangered Houses Fund self-generating revenue strategies and is responsible Committee, the Exhibitions Advisory Committee and for developing marketing and communications plans the Commercial Leases Committee – are convened that support properties, exhibitions and public per Section 9 of the Historic Houses Act 1980 (NSW). programs. Membership is drawn from the HHT Board of Trustees, staff and external people including Directors of the The Commercial Services Team manages the Foundation for the Historic Houses Trust of New South commercial hire of nine HHT properties for corporate Wales. No ad hoc committees were formed by the and private events including filming and photography. Board or the Director in 2010–11. It also manages the Museum of Sydney and The Mint shops along with retail outlets at other HHT museums. There are also eight HHT standing committees that make decisions on both policy and management. The Marketing Team provides strategic branding, Staff are involved in the management of the communication and promotion for HHT properties, organisation through the Staff and Management exhibitions, public programs and events, and manages Participatory and Advisory Committee (SAMPAC) the HHT box office. and are also represented through the Joint Consultative The Sponsorship Team manages strategic partnerships, Committee (JCC). implementing benefits and procuring cash and contra Committees operating at year-end are listed in the sponsorship for HHT exhibitions, events and properties, Appendices on pages 54–6. thus supporting the development of exhibitions and programs. The Media Relations Team promotes HHT properties, people, exhibitions, events and collections across a range of media including publicity campaigns, media liaison and corporate affairs. Operations Group The Operations Group supports the business of the HHT and is responsible for finance, records, administration, human resources, employee relations, information and communication technology, policy and compliance, and legal services.

48 HISTORIC HOuSES TRuST Annual Report 10 > 11 | About the HHT

Foundation for the Historic Houses Trust Historic Houses Trust Members of New South Wales The Foundation for the Historic Houses Trust of New The Historic Houses Trust Members (previously Friends South Wales (the Foundation) is a tax concession charity of the Historic Houses Trust Inc) is a volunteer that exists solely to support the work of the HHT. It is organisation and registered charity that promotes governed by a non-executive Board of Directors, which public interest in the HHT’s properties. met five times in 2010–11. An Executive Committee elected by the membership Through bequests, special appeals, corporate support governs the Members; one member of the HHT Board and the Governors Program, the Foundation helps the of Trustees and the Director represent the HHT on the HHT to achieve vital goals and initiatives that cannot be committee. The Members employs its own staff, headed funded from government sources. This year support was by a General Manager. It raises funds through its given to the construction of the Hyde Park Barracks membership, events, tours and exhibition programs. domes and numerous significant acquisitions. In 2010–11 the Members supported the interpretative Previously, funds provided by the Foundation have project at Rouse Hill House & Farm, and hosted assisted the HHT’s Endangered Houses Fund program engaging events including the following exhibitions: to conserve and upgrade key properties for lease or Shelter in the landscape (Greg Preece), Dupain’s sale, allied with protective covenants. In addition, the Sydney, Sydney Open: places and passages (Paula Foundation retains its ongoing commitment to the Gowans), An inside view (Janet Venn-Brown), Vanishing HHT’s educational programs, including one of the most (Daphne Kingston) and Home to farm (printmakers exciting recent developments in Australian education: John Crawford and Terese McManus). the Connected Classrooms program (see pages 16–17), which utilises new technology to reach students across the state. The Foundation also hosts numerous events in Volunteers partnership with private sponsors and supporters, including the annual Governors’ Dinner. These exclusive events, held in the HHT’s historical and evocative The Volunteers program supports the participation settings, promote the special work of the HHT and of volunteers and recognises volunteering as a vital celebrate the support of donors. component of the HHT’s operations. All aspects of volunteering are managed by HHT staff, who direct and assist the volunteers. In 2010–11, 237 volunteers provided a valuable link to the wider community by helping to raise public awareness of the cultural heritage of New South Wales and by promoting HHT exhibitions, events, programs and activities. The Volunteers Forum comprises 11 elected representatives chosen from among the volunteers, and met four times during the year. The forum represents the interests and viewpoints of volunteers throughout the HHT, providing a link between volunteers, properties and the broader HHT organisation. (See page 67 for a list of volunteers.)

49

Appendices HISTORIC HOuSES TRuST Annual Report 10 > 11

Trustees of the Sydney Cove Authority and development of the County of the City West Development Cumberland. Carol’s current projects michael rose (Chairman) is the Corporation. His high-profile include researching and writing Chief Executive Partner of law firm projects include Wylie’s Baths, the histories of Liverpool and its heritage Allens Arthur Robinson. He is a Argyle Centre, the Submarine Mine places such as Collingwood House. board member of ChildFund Depot at Chowder Bay and Penfold’s She continues to research the Female Australia and the ChildFund Magill Estate in Adelaide. Keith was Orphan School at Parramatta, now a International Alliance. ChildFund appointed as a Trustee on 1 January campus of uWS. Carol was appointed is an international aid and 2007 and his current term expires as a Trustee in January 2009 and development organisation that 31 December 2012. her current term expires on supports children and their bruce hambrett llm is a practising 31 December 2011. communities in 55 developing lawyer, the chairman of Baker & martyn mitchell bscChemeng, iCaeW, countries. Michael is also a member McKenzie, Australia, and a former iCaa has more than 30 years of the Education, Skills and General Counsel of SingTel Optus experience as an auditor and Innovation and the Indigenous Pty Limited. He is also a Director of business adviser, including more Engagement task forces of the the Pacific Opera Company Limited than 20 years as a partner in Business Council of Australia. and a former chair of the Media and PricewaterhouseCoopers (PwC). He lives in Sydney with his wife, Jo Communications Law Committee, Martyn has held a number of senior D’Antonio, and their three children. Business Law Section, with the Law management positions within PwC Michael was appointed as a Trustee Council of Australia. He was and has extensive experience with in June 2010 and his current term appointed as a Trustee on 1 January major public companies in Australia expires on 31 December 2012. 2006 and his current term expires on and Asia. Martyn is the Chair of the Craig allchin barch is a director of 31 December 2011. HHT’s Audit and Risk Committee. Six Degrees Architects and is associate Professor He was appointed as a Trustee on Adjunct Professor of Architecture at grace Karskens ba, ma, Phd Faha 1 January 2005 and his current term the university of Technology, teaches Australian history at the expires on 31 December 2012. Sydney. His experience includes the university of New South Wales. dr John montgomery bsc, Phd, mrtPi, revitalisation of the Walter Burley Grace has published extensively Frsa is a town planner and urban and Griffin designed Capitol Theatre, including Inside The Rocks: the regional economist. Much of his with a focus on recycling materials archaeology of a neighbourhood, experience is drawn from his work in and renewing existing buildings and the multi-award-winning The Rocks: the united Kingdom and Ireland spaces for new uses, and four years life in early Sydney and The colony: dating from the mid 1980s, and with working on more than 40 district and a history of early Sydney, which won his London-based firm urban city master plans in China. He has the 2010 Prime Minister’s Literary Cultures Ltd since 1991. He emigrated also worked on the Sydney Award for Non-Fiction. She is a to Australia in 2002. His book The Metropolitan Strategy, the New Fellow of the Australian Academy of new wealth of cities was published South Wales Government’s 25-year the Humanities, and is on the boards in 2007. John was appointed as a plan to manage growth and change of the Dictionary of Sydney, the Trustee in January 2009 and he across metropolitan Sydney, as well National Museum of Australia’s resigned in September 2010. as the Adelaide 30-Year Plan. Craig reCollections journal and a number Penelope Pike ba, dip t&CP is a was appointed as a Trustee in March of international scholarly journals. conservation planner who has 2011 and his current term expires Grace was appointed as a specialised in heritage studies for on 31 December 2013. Trustee on 1 January 2008 and local government areas and in Keith Cottier am, aastC, lFraia her current term expires on preparing and implementing local is a Director of the highly awarded 31 December 2013. environmental plans and detailed architectural firm Allen Jack+Cottier. associate Professor Carol liston control plans for historic towns, In 2001 he was awarded the Gold ba (hons), Phd, Frahs teaches history precincts and suburbs. She has Medal, the Royal Australian Institute at the university of Western Sydney served on the urban Conservation of Architects’ highest honour. He (uWS). Her research covers early Committee of the National Trust and was appointed a Member of the colonial history in New South Wales, was Founding Chairman of its Order of Australia in 2004. Keith has with interests in people (convict – Cemeteries Committee. She was served as a Commissioner of the especially women, colonial born and appointed as a Trustee on 1 January Australian Heritage Commission, as free immigrant), local history, 2002 and her third and final term a Member of the Heritage Council of heritage and the built environment. expired on 31 December 2010. New South Wales, and as a Member Her particular interest is the colonial

52 HISTORIC HOuSES TRuST Annual Report 10 > 11 | Appendices

associate Professor roderick Council for British Archaeology and Julie turpie ba (hons) commenced simpson aaia mPia is a principal English Heritage before joining the as assistant director, Commercial of Simpson + Wilson Architecture Heritage Lottery Fund as Deputy & marketing services, in June 2011. + urban Design, and Associate Director of Policy and Research. She Julie has more than 20 years Professor of urban Design at the has also been a heritage consultant, experience in brand development, university of Sydney with interests working with clients including the destination marketing, commercial in urban renewal and regeneration, States of Jersey, Sir John Soane’s venue hire and public programming. ecologically sustainable design and Museum and the Museums, Libraries She worked for the Sydney Harbour strategic urban design. He has and Archives Council. She has Foreshore Authority for six years, worked with the Sydney Harbour published widely on industrial managing their sponsorship, Federation Trust, and contributed archaeology, conservation, heritage business development program and to the HHT’s Harbourings exhibition management, sustainable annual events portfolio at The Rocks at the Museum of Sydney. He development and the social, and Darling Harbour, including the co-authored Greenpeace’s Strategy economic and environmental values signature New Year’s Eve and for a Sustainable Sydney in 1992, of heritage, and has taught events. Julie was most applying many of the principles in in the united Kingdom as well as recently with Brisbane Marketing, future planning work. Most recently, in Ireland, South Africa, Slovenia, responsible for city branding he led the urban design of the Canada and the united States. strategies, destination marketing Sustainable Sydney 2030 Strategy dr Caroline butler-bowdon ba campaigns and delivering a major for the . Roderick was (hons), ma, Phd is the assistant events strategy for Brisbane. appointed as a Trustee in January director, Creative services. brent sennitt joined the HHT in 2011 and his current term expires on Caroline has worked in the cultural/ March 2011 as the acting assistant 31 December 2013. heritage sector for more than 15 director, operations, and is a Peter tonkin bscarch (hons), barch years including posts at the Museum certified practising accountant and (hons), Fraia is an Adjunct Professor of Sydney and the Art Gallery of a member of the Institute of of Architecture at the university of New South Wales and casual Management Consultants. He has Canberra and the university of teaching positions at the universities more than 30 years experience in Queensland, and is widely of Sydney and New South Wales. senior management and consulting published. He is a partner of Tonkin She was most recently Head Curator in the area of business reform Zulaikha Greer Architects, winner of at the Museum of Sydney where she (covering organisational change, more than 90 awards. His projects published widely and curated efficiency and effectiveness reviews, include the Hyde Park Barracks exhibitions on many aspects of productivity improvement, etc), Museum, the National Memorial to Australian history. In 2009 Caroline financial management, project the Australian Vietnam Forces, completed her PhD at the university governance, economic studies and the Tomb of an unknown Australian of New South Wales on the history human resource management. Soldier and the National Arboretum, of apartment living in Sydney. Brent has undertaken management Canberra, the refurbishment of ian innes bsc (arCh), blarch began at consulting work within the public Customs House, the multi-award- the HHT in October 2009 and is the sector in the transport industry and winning Plaza Lighting Towers for assistant director, heritage & local government, and in the private the Sydney Olympics, and the Portfolio. Ian has more than 20 years sector in the pharmaceutical, wine Australian War Memorial in London. experience in cultural landscape and construction industries. Peter was appointed as a Trustee on management and conservation, nicholas malaxos ba (eCon), aFaim 1 January 2005 and his current term including senior management roles joined the HHT in 1995 and was the expires on 31 December 2013. at the Royal Botanic Garden Sydney assistant director, management Management Group and Centennial Parklands. He services, to March 2011. He worked studied architecture and, later, previously at the Earth Exchange At 30 June 2011 landscape architecture, and his Museum and, prior to that, Film ongoing professional interests span Australia. Nicholas is an Associate Kate Clark ma, Fsa, Frgs, miFa, ihbC a range of aspects of the built Fellow of the Australian Institute of commenced as director in 2008. environment including architectural Management and a member of the She is an industrial archaeologist and landscape design, heritage Institute of Public Administration in with 25 years’ experience in conservation, cultural landscape Australia. He is Convenor of the museums and heritage in the united management and strategic asset Hellenic Historic & Cultural Kingdom, working with the management. Committee and has assisted with the Ironbridge Gorge Museums, the exchange of major exhibitions

53 HISTORIC HOuSES TRuST Annual Report 10 > 11

between Greece and Australia, Keith Cottier, Trustee Faculty of the Built Environment, including 1000 years of Olympic Martyn Mitchell, Trustee university of New South Wales Games at the Powerhouse Museum Neville Allen, former Trustee Peter Tonkin, architect and Trustee in 2000; Our place, a contemporary Kate Clark, Director (ex-officio) Jaky Troy, colonial historian, linguist, Indigenous exhibition at the Benaki Damian Poole, Head of Commercial anthropologist and Assistant Museum, Athens, in 2004; and the Services Professor in Education, university Greek treasures exhibition at the of Canberra Powerhouse Museum in 2005. Endangered Houses Fund Caroline Butler-Bowdon, Assistant Committee Board standing Director, Creative Services The committee comprises Trustees Ian Innes, Assistant Director, committees and Foundation representatives. Heritage & Portfolio It meets quarterly to provide advice Louise Tegart, Head of Special Committees endorsed by the HHT on potential acquisitions, financial Projects & Exhibitions Board of Trustees per Section 9 of management and development Bob Whight, Acting Exhibitions the Historic Houses Act 1980. strategies including conservation Project Manager, Special Projects Audit & Risk Committee options, project management and & Exhibitions property disposal. A review of the Finance and Audit Peter Tonkin, Trustee (Acting Chair) HHT standing Committee began in 2010, initiated by requirements of the Internal Audit Keith Cottier, Trustee committees and Risk Management Policy for the Bruce Hambrett, Trustee Collections Valuation NSW Public Sector 2009 . In Curtis Smith, Foundation Committee September 2010 the HHT Board of Howard Tanner, Foundation Trustees endorsed the committee’s Jill Wran, Foundation The committee meets annually to change in name to the Audit and Kate Clark, Director (ex-officio) monitor the HHT’s rolling five-year Risk Committee (ARC) and collection valuation process, review Philippa Ardlie, Executive Officer consequent changes to the formal independent valuations, note (secretariat support) following: the HHT Internal Audit the value of new acquisitions and Ian Innes, Assistant Director, Function Charter; HHT Audit and determine appropriate global Heritage & Portfolio Risk Charter; and the HHT Risk revaluations. Richard Silink, Head, Heritage Team Management Framework. Tamara Lavrencic, Collections & Endangered Houses Fund The ARC comprises Trustees and Manager (Chair to January 2011) senior staff. It meets quarterly to Exhibitions Advisory Megan Martin, Head of Collections monitor issues such as finance, Committee & Access (Chair from February 2011) audits, risk management, OH&S, Scott Carlin, Head of Macquarie The committee comprises Trustees, insurance and investments. Street Portfolio senior staff and external experts. Martyn Mitchell, Trustee (Chair) It meets quarterly to provide Education Advisory Michael Rose, Trustee broad-based advice on our Committee Bruce Hambrett, Trustee exhibitions program. The committee comprises staff and Kate Clark, Director (ex-officio) Kate Clark, Director (Chair) meets biannually to give broad- Philippa Ardlie, Executive Officer Paul Berkemeier, architect and based advice and direction on the (secretariat support) former Trustee HHT’s education activities. Brent Sennitt, Acting Assistant Jane Connors, Manager, ABC Radio Kate Clark, Director (Chair) Director, Operations National Caroline Butler-Bowdon, Assistant Dinah Dysart, arts writer, former Commercial Leases Director, Creative Services gallery director and former Trustee Committee Mike Field, Assistant Director, Shirley Fitzgerald, historian and Marketing & Business Development The committee comprises Trustees former Trustee and senior staff. It meets quarterly to (to November 2010) Grace Karskens, Trustee and provide advice in relation to the Ian Innes, Assistant Director, Associate Professor in Australian leases of HHT properties for food Heritage & Portfolio History, School of History and and beverage services, and Philosophy, university of New Sophie Lieberman, Head of Programs commercial tenancy. South Wales Fabienne Virago, Education Officer, Bruce Hambrett, Trustee (Chair) Judith O’Callaghan, Senior Lecturer, Programs

54 HISTORIC HOuSES TRuST Annual Report 10 > 11 | Appendices

IT Strategic Planning Occupational Health & Safety Caroline Butler-Bowdon, Assistant Committee (ITSPC) Committee (OH&S) Director, Creative Services Louise Cornwall, Head of Design The committee meets quarterly The committee comprises staff and and was established by the HHT meets bimonthly. It conducts Karen Ferris, Better Read Than Executive to assist with corporate workplace inspections biannually Dead bookshop governance in relation to and advises on OH&S issues. An Sarah Fitzherbert, Publications information management and Occupational Health & Safety and Officer, Special Projects & technology. The ITSPC provides Injury Management Plan 2009–11 Exhibitions advice and guidance to the HHT continues to be implemented to Rhiain Hull, Publications Officer, Executive in relation to the improve OH&S management Special Projects & Exhibitions development and implementation systems across the HHT. The plan Ian Innes, Assistant Director, of an information management and addresses recommendations of the Heritage & Portfolio technology strategy. Deloitte OH&S audit report (2008). Rebecca Kaiser, Editorial Director, Kate Clark, Director (Chair) Andrew Mitchell, Manager, Rose Allen & unwin Tim Girling-Butcher, Head of Web Seidler House (Chair) Damian Poole, Head of Commercial & Screen Media Susan Bee, Guide, Vaucluse House Services John Hoey, Acting Administration Stewart Campbell, Museum Robert Stapelfeldt, Business Manager, The Mint Assistant, Government House Development Manager, McPherson’s Megan Martin, Head of Collections Diana Carr, Guide, Hyde Park Printing Group & Access Barracks Museum Louise Tegart, Head of Special Brent Sennitt, Acting Assistant Tabitha Charles, Records Officer, Projects & Exhibitions Director, Operations The Mint Susan Sedgwick, Head of Special Julie Turpie, Assistant Director, Jan Conti, Operations Manager, Projects & Exhibitions (maternity Commercial & Marketing Services Venues, Commercial Services leave) Manager, Information & Duncan Harrex, Exhibitions Security Committee Communications Technology Production Manager, Special Projects and Exhibitions The committee comprises staff. Joint Consultative Committee John Hoey, Acting Administration It meets as required to identify The committee meets as required Manager, The Mint general property risks and to develop plans and emergency and comprises Public Service Victor Johnson, Guide, Justice strategies for managing risks for Association (PSA) representatives & Police Museum each museum and site. and staff who are PSA members. Irene Karageorgiou, Assistant The committee provides a forum Manager, Museum of Sydney Nicholas Malaxos, Assistant Director, Management Services (Chair) whereby consensus on employee Jacqui Newling, Guide, Elizabeth (to March 2011) matters can be reached. Bay House Dayn Cooper, Head of Government Kate Clark, Director (Chair) Georgina Pearce, Acting Human House & Eastern Sydney Portfolio Philippa Ardlie, Executive Officer Resources Manager, Operations John Hoey, Acting Administration (secretariat support) Alda Scofield, Guide, Susannah Manager, The Mint Kerrie Butson, PSA Industrial Officer Place Museum David Openshaw, Chief Guide, Cheryl Scowen, Guide, Meroogal Staff & Management Justice & Police Museum, PSA Mantej Singh, Acting General Participatory & Advisory workplace delegate Manager, Government House Committee (SAMPAC) Georgina Pearce, Acting Human Kerrie Yates, Office Manager, SAMPAC comprises staff including Resources Manager, Operations Rouse Hill House & Farm a Public Service Association (PSA) Brent Sennitt, Acting Assistant staff representative. Elections are Director, Operations Publications Committee held biennially with the last being Fabienne Virago, Education Officer, The committee comprises staff and August 2009. It meets bimonthly, Programs, PSA workplace delegate external experts. It meets quarterly with reserve meetings held on to give broad-based advice on the alternate months as required. HHT’s publishing program. SAMPAC participates in the Kate Clark, Director (Chair) discussion of issues such as flexible Peter Barnes, Retail Manager, working hours and the Code of Commercial Services Conduct, and acts as the Classification and Grading

55 HISTORIC HOuSES TRuST Annual Report 10 > 11

Committee in reviewing the grading Associated groups Nanette Ainsworth, Hamilton family of staff positions. representative At 30 June 2011 Ben Crosby, Office Manager, Special Miriam Hamilton, Hamilton family Projects & Exhibitions (Chair) Foundation for the Historic representative (Clerks*) Houses Trust of New South Carol Liston, HHT Trustee Wales Anna Blunt, Library Technician, Nicholas Malaxos, HHT Caroline Simpson Library & Research Company Directors: representative (to March 2011) Collection (Education Officers, Howard Tanner (Chair) Brent Sennitt, HHT representative Librarians, Library Technicians*) Alastair Baxter (from March 2011) Kate Clark, Director Kate Clark Volunteers Forum Anna Cossu, Curator/Manager, Lynn Fern (to November 2010) Susannah Place Museum (Curators, Karen Griffiths, Volunteers John Gordon Registrars, Designers*) Coordinator (Chair) Beat Knoblauch Graeme Lloyd, Gardener and Lynne Allen, Meroogal (joint) Clive Lucas OBE (to November 2010) Livestock Manager, Rouse Hill House Steve Cartland, Susannah Edwina Macarthur-Stanham & Farm (Gardeners & Labourers, Place Museum David O’Donnell Museum & General Assistants, Gary Cook, Elizabeth Bay House/ Tradespeople*) Michael Reid Vaucluse House Nicholas Malaxos, Assistant Director, Michael Rose Patricia Cooper, Speakers Program Management Services (to March Susan Rothwell (to August 2010) Nora Etmekdjian, Susannah Place 2011) Edward Simpson Museum (to March 2011) Belinda Mitrovich, Acting Chief Curtis Smith Robin Guthrie, The Mint Guide, Rouse Hill House & Farm Judith Whelan Shirley Hannam, Elizabeth Farm (Guides*) Jill Wran Amanda Milles, The Mint Brent Sennitt, Acting Assistant (to August 2010) Director, Operations Historic Houses Trust Joan Rodd, Justice & Police Museum Psa staff representative Members Maria Schattiger, Hyde Park Barracks (determined per meeting) Patron: Jack Mundey AO Museum (joint) Georgina Pearce, Acting Human Jennifer Noble (Chair) Annette Smith-Bridges, Meroogal Resources Manager, Operations Teri McMillan (Deputy Chair) (joint) (to March 2011) (ex-officio) (to January 2011) Neridah Tyler, Hyde Park Barracks Fabienne Virago, Education Officer, Kate Clark, HHT Director Museum (joint) Programs Wolf Krueger Elaine White, Rouse Hill House reserve: Rosemary MacDonald & Farm Scott Carlin, Head of Macquarie Geraldine O’Brien (from March 2011) Marie Wilson, Government House Street Portfolio (to January 2011) Penelope Pike, HHT Trustee Jemma Donaldson, Chief Guide, (to December 2010) Admission fees Elizabeth Bay House and Vaucluse Elinor Wrobel OAM House (Guides*) Tickets to the Museum of Sydney, the Justice & Police Museum and the Anne-Louise Falson, Senior Rouse Hill Hamilton Hyde Park Barracks Museum are: Designer, Design (Curators, Collection Pty Ltd general entry $10, child/concession Registrars, Designers*) The Rouse Hill Hamilton Collection $5 and family $20. Tickets to all other Ian Innes, Assistant Director, Pty Ltd is a private company formed HHT museums are: general entry $8, Heritage & Portfolio in October 1994 as Trustee for the child/concession $4 and family $17. David Openshaw, Chief Guide, Hamilton Rouse Hill Trust. It holds Entry is free to The Mint, Government Justice & Police Museum property in and about Rouse Hill House and grounds, and Vaucluse *denotes staff representation of award House & Farm, which was formerly House’s garden, parklands and classification SAMPAC. part-owned by the Hamilton beach paddock. No fee is charged family. The Director and a senior for access to a number of significant staff member represent the HHT. urban spaces including Hyde Park Company Directors: Barracks courtyard and First Kate Clark, HHT representative Government House Place. (Chair and Secretary)

56 HISTORIC HOuSES TRuST Annual Report 10 > 11 | Appendices

We also charge for our formal provision of back issues of > Shoalhaven Arts Board: in-kind education programs: $6–$12 per ReNew to visitors of the touring promotional support for the student, depending on the type and exhibition Built for the bush: Meroogal Women’s Arts Prize duration of the program. Education green architecture of rural > Television Sydney (TVS): in-kind programs at Government House are Australia and subscription prizes promotional support on air and free. No fee is charged to for the associated education online for the 52 suburbs accompanying teachers. competition exhibition at MOS > Angove Family Winemakers: > The Sun Herald: in-kind media Self-generated wine sponsor of HHT events sponsor of Carols by candlelight income such as the House music concert at Vaucluse House series at Government House, > The Sydney Morning Herald: Sponsors Jazz in the garden, HHT in-kind media sponsor of the exhibition launches and events Cash HHT and The enemy at home and Members events exhibition at MOS and various > AGL Energy: naming rights > Architecture Media: Herald Benefit promotional sponsor of the AGL Theatre at promotional support in Houses support the Museum of Sydney (MOS) magazine and Selector online and sponsor of the An for Sydney Open 2010 Special donations Edwardian Summer exhibition > Avant Card: in-kind media at MOS hyde Park barracks domes appeal sponsor for the An Edwardian Goldman Sachs and Partners > Allens Arthur Robinson: sponsor Summer exhibition and the Foundation of the An Edwardian Summer Persons of interest exhibition at exhibition at MOS the Justice & Police Museum, Maple-Brown Family Charitable > City of Sydney: sponsor of the as well as the quarterly HHT Foundation Ltd interactive featured in the Events calendar Grants Convict Sydney exhibition at the > Class Occasion Hire: stall and Hyde Park Barracks Museum equipment support for Fifties During the year grants totalling > Class Occasion Hire: sponsor of Fair, Jazz in the garden, Carols $21.5 million were received from the Fifties Fair at Rose Seidler by candlelight at Elizabeth Farm Communities NSW for recurrent House, Jazz in the garden at and Vaucluse House, Verandah and capital expenditure. Vaucluse House, Carols by and Rose Seidler House An additional grant of $97,100 was candlelight at Elizabeth Farm Open Day received from Visions of Australia, and Vaucluse House, Verandah > Crayola: in-kind products for enabling the Smalltown exhibition at Elizabeth Farm and Rose education and school holiday to tour nationally. Seidler House Open Day events associated with the No grants were given. > Commonwealth Bank Rose Bay Mirror exhibition at MOS North branch: sponsor of Carols > Domain Car Park: in-kind Fundraising by candlelight at Vaucluse House promotional support for HHT Foundation for the Historic Houses > Percy Marks: sponsor of Jazz in events Trust of New South Wales donations the garden > Erco Lighting: LED lighting received since 1 July 2008, per the > Police Association: major support for the lighting upgrade HHT Gift Management Policy 2009. sponsor of the 150th anniversary of the Focus gallery at MOS BLIGH GOVERNORS ($75,000) of policing exhibition at the > Fairfax Photos: in-kind support John Schaeffer AO Justice & Police Museum in 2012 for the First Government House in Kind film at MOS KING GOVERNORS ($50,000) > Kawai: in-kind support for Maple-Brown Family Charitable > 702 ABC Sydney: promotional Jazz in the garden Foundation Ltd support for Sydney Open 2010 > Nikon Australia: in-kind support Geoff and Rachel O’Conor > Aesop: products for HHT for photographic exhibitions in audiences and volunteers for HUNTER GOVERNORS ($25,000) the Theme Gallery at MOS Sydney Open 2010, HHT venues, Antoinette Albert > The Parramatta Sun: in-kind Foundation Dinner, Members Robert Albert AO and Libby Albert and various HHT events media and merchandise for Carols by candlelight at Julian Beaumont > Alternate Technology Elizabeth Farm Zeny Edwards Association/ReNew magazine: John Fairfax AO and Libby Fairfax

57 HISTORIC HOuSES TRuST Annual Report 10 > 11

Lynn Fern David and Edwina O’Donnell The DAP 2006–08 is in place in the Penelope Seidler AM Diana Polkinghorne interim and addresses the following Colin Sullivan AO Mrs E Ramsden priority areas: information about Howard Tanner and Mary Tanner Ian and Maisy Stapleton services, physical access to HHT properties, access to complaints Jill Wran Nola Tegel procedures, employment and staff Annalise Thomas PHILLIP GOVERNORS ($10,000) training, and promoting positive Anonymous x 3 David Thomas community attitudes. Eleonora Triguboff Hugh Allen and Judith Ainge The HHT supports the rights of Neville Allen Sandra and John Trowbridge people with disabilities and aims to Bill and Kate Anderson Gay Voss provide both physical and Stephen Wall and Terrey Arcus AM and Anne Arcus intellectual access to our properties, Alison Magney Wall programs and services (see also Kate Armati Peter Weir AM and Wendy Weir page 18). In 2010–11, ten guides James Beck and Michael Kilkeary Kim Williams AM attended ageing and dementia Colin Bell Michael and Prue Williams awareness training conducted by Mairaed Bilmon FutureAge Care. Tim Wilson and Sophie Wilson Graham Bradley AM and Charlene Bradley Nicholas and Elise Yates Multicultural Policies Diana Brown endangered houses Fund & Services Program Andrew and Kate Buchanan GOLD ($200,000) We continue our commitment to Neil and Jane Burley Garry Rothwell cultural and linguistic diversity under Andrew and Cathy Cameron SILVER ($100,000) the Multicultural Policies and Amanda Carter and Randolph Services Program announced by the Guy Paynter Griffiths New South Wales Government in St Hilliers Group Tim Casey 2009. (See also page 18.) Kate Clark BRONZE ($50,000) Greg Crone Sir Ron Brierley Ethical standards Michael Crouch AO and PROTECTORS ($10,000) The HHT Code of Conduct was Shanny Crouch Robert Albert AO and Libby Albert adopted in 2000. It is included in the Sue Cummings Anne Galbraith package of material given to all new Charles Curran AC and Eva Curran staff, is required reading on our Clive Lucas Stapleton & Partners William and Julia Dangar induction list for new staff, and is Michael and Manuela Darling SUPPORTERS ($5000) an integral part of any staff and Terry and Dianne Finnegan Morna and Edward Vellacott management training. There were Peter Garling SC and Jane Garling no incidents of staff breaching hyde Park barracks domes appeal the code in this reporting year. Jennifer Giles John and Jenny Gordon Antoinette Albert The Trustees’ Code of Conduct, which was adopted in 2003, is Edward and Deborah Griffin Neville Grace specific to Board members and is Garrick and Evelyn Hawkins Peter James Hall AM Bill and Allison Hayward required reading for new Trustees Peter and Rosemary Ingle as part of their induction. The Sir Asher and Lady Joel Robert Maple-Brown Foundation Geoff and Rachel O’Conor Privacy Management Peter Keel Plan John and Jan Kehoe Disability Action Plan Clive Lucas OBE The HHT adopted a revised The HHT has a Privacy Management Plan, modelled on other New South John and Edwina Disability Policy in June 2005 that is Wales museum plans, and our Macarthur-Stanham implemented through its Disability Records Manager is also the Privacy David Maloney and Erin Flaherty Action Plan (DAP) 2006–08. The Officer. We have received no John Matheson and Jeanne Eve HHT has developed a draft DAP 2010–2013 in line with the New complaints regarding non- Alan Matthews South Wales Government Disability compliance with this plan during Michael Morgan Policy Framework introduced in 2008. 2010 –11. Terry and Wendy Mullens

58 HISTORIC HOuSES TRuST Annual Report 10 > 11 | Appendices

Records Colleen Kremer, Records Manager > HHT annual reports from Historic Houses Trust of New 2001–02 to 2010–11 The HHT recognises the value of its South Wales > e-commerce facilities for HHT information, records and knowledge The Mint publications, merchandise, as corporate assets. These assets 10 Macquarie Street ticketing, membership and include records and information Sydney, NSW 2000 donations about our properties, collections, t 02 8239 2288 F 02 8239 2299 exhibitions, publications and public e [email protected] Legal change programs, and are contained in A fee will be charged for this service. our corporate files. We have an This year the Historic Houses Act Arrangements can be made to electronic record-keeping system to 1980 (NSW) (the Act) was amended obtain copies or inspect documents capture corporate records at our per the Historic Houses Amendment by contacting the above officer. head office. This system will be (Throsby Park Historic Site) Act 2010 progressively upgraded and Consumer response (NSW), commencing 15 October implemented across the HHT. Our 2010, and the Minister for Heritage records are protected in accordance As a service-based organisation, became responsible for the Act in with current legislation, personal customer feedback is of prime April 2011 per the Allocation of the privacy principals, security and importance to us and is closely Administration of Acts 2011 (NSW). commercial confidentiality monitored. We keep visitors books There have been no significant standards, principles, obligations and evaluation forms at each judicial decisions affecting the HHT. and codes of best practice. property and monitor them regularly. In addition, a general file is Land disposal maintained for written compliments Government No land was disposed of during and complaints. Each complaint is information the reporting year. dealt with in writing: minor The HHT continues to respond to complaints by the museum or unit Cost of the provision of information requests, where the complaint was received legislated under the Government and major complaints by the Annual Report Information (Public Access) Act 2009 Director or a member of the This report was written and (NSW) (GIPA). During this reporting Management Group. designed by HHT staff. It was period we responded on time to During the year we received 79 printed at a total cost of $2974. three agency requests. compliments in total: our museums It is available via our website at To increase accountability and and properties (40), events (3), www.hht.net.au under ‘About us’. transparency and to meet best venues (30), Collections & Access practice the HHT has taken a team (1), Caroline Simpson Library proactive decision to disclose & Research Collection (3) and information to the public by miscellaneous (5). We received publishing policy documents on 6 complaints in total: our museums our website at www.hht.net.au, and properties (2), events (2) and including: miscellaneous (2). > Acceptance and Disposal of Real Property Policy Electronic > Collections Management Policy service delivery > Disability Action Plan The following services are available > Dog Policy via the HHT corporate website and > Exhibitions Policy associated domain: > Flags at HHT Properties Policy > OH&S Policy > online resources, including > Online Services Terms and blogs, collection databases and Conditions links to HHT-related social > Privacy Policy media > Regional Involvement Policy > all appropriate government To access documents under GIPA, publications (for reference only, please apply in writing to: not for sale)

59 HISTORIC HOuSES TRuST Annual Report 10 > 11

Human resources Exceptional movements in employee wages, salaries and allowances A 4% salary increase came into Staff representation by salary effect in the first full pay period in July 2010 for the whole of the Salary level Total staff* Women NESB** financial year. < $39,670 2 2 – Personnel policies and $39,670 – $52,104 62 38 5 practices $52,104 – $58,249 29 21 2 > We continued to implement the $58,249 – $73,709 55 37 6 Occupational Health & Safety and Injury Management Plan $73,709 - $95,319 51 32 4 2009–11 as recommended by $95,319 – $119,149 15 6 2 the auditors. > $119,149 (Non SES) 4 2 1 > Work continued on the development of an organisation- > $119,149 (SES) 1 1 – wide corporate training and TOTAL 219 139 20 development plan. > A staff-training calendar was * Non-casual headcount ** Non-English speaking background introduced (see page 29). > Two staff inductions were held, each of two days duration. Future directions SES reporting > Key issues for the year ahead 2011 2010 2009 2008 will be finalising the HHT Male Female Male Female Male Female Male Female restructure, improving our service delivery through better 0 1111110 technology and interpersonal communication with staff and SES levels management, innovatively inducting new staff, further 2011 2010 2009 2008 developing the skills of our Level 3 Level 2 Level 3 Level 2 Level 3 Level 2 Level 3 existing staff and continually 1 1 1 1 111 trying to improve OH&S. > We plan to increase training in accessibility skills so the HHT can better reach audiences with Monetary amount of recreation leave and long service leave entitlements disabilities.

Liability Taken Occupational Health & Safety > We worked with both Recreation leave as at 30 June 2011 $1,331,527 $749,706 management and staff to continually improve OH&S within the HHT, as directed by Extended leave as at 30 June 2011 $2,135,954 $254,095 the auditors. > We compiled a Workers Compensation Procedures Manual and Checklist to assist line managers in fulfilling compliance requirements. > We proactively case managed Return to Work Plans for injured employees.

60 HISTORIC HOuSES TRuST Annual Report 10 > 11 | Appendices

> We ensured that the recommendations made by TABLE A. Trends in representation of EEO groups (as at 30 June 2011) OH&S consultant Sonia Faulkner % of total staff are complete and will be Benchmark EEO groups 2011 2010 2009 maintained. or target (See also page 29.) Women 50% 63% 64% 65% Aboriginal and Torres Strait Equal Employment 2.6% 0.5% 1% 1% Islanders Opportunity (EEO) People whose first language 19% 9% 9% 8% Our self-assessed outcomes for the is not English year include: People with a disability n/a 1.8% 2% 2% > diversity of representation on People with a disability requiring 1.5% 0% 0% 1% recruitment panels and the work-related adjustment provision of EEO information to applicants; > diversity of representation on TABLE B. Trends in the distribution of EEO groups (as at 30 June 2011) internal bodies such as the % of total staff OH&S Committee, SAMPAC, Benchmark EEO groups 2011 2010 2009 Joint Consultative Committee or target and job evaluation panels; Women 100% 95% 91% 92% > flexible work practices including Aboriginal and 100% n/a n/a n/a flex days and RDOs, maternity Torres Strait Islanders leave, family and community People whose first language 100% 107 n/a n/a service leave; is not English > provision of development People with a disability 100% n/a n/a n/a opportunities through People with a disability requiring 100% 00n/a expressions of interest and work-related adjustment higher duties allowance. • Excludes casual staff. • A distribution index of 100 indicates that the centre of the distribution of the EEO group Future directions across salary levels is equivalent to that of other staff. Values less than 100 mean that the EEO group tends to be more concentrated at lower salary levels than is the case for other staff. The more pronounced this tendency is, the lower the index will be. In some cases the index may be more than 100, indicating that the EEO group is less We will explore externally funded concentrated at lower salary levels. • The distribution index is not calculated where EEO group or non-EEO group grants such as the Elsa Dixon numbers are less than 20. Aboriginal Employment Program (EDAEP). The aim of the EDAEP is to promote diversity, innovation and Occupational Health & Safety (OH&S) 2011 2010 2009 2008 service responsiveness in the New South Wales workforce by reducing Number of work-related injuries 21 51 37 29 Number of work-related injuries per barriers to employment and 0.1 0.26 0.18 0.15 improving promotional opportunities employee for Aboriginal people. No of work-related illnesses 1 1 1 nil No of workers compensation claims 13 6 11 10 Overseas travel No of workers compensation claims 0.06 0.03 0.05 0.15 > Bruce Smythe, Assistant Design per employee Average cost per workers Manager, travelled to China $4,304 $7,868 $1,207 $3,910.80 from 4 to 11 September 2010 to compensation claim Average workers compensation claim press check the printing of the $338 $245 $66.28 $197.71 per employee book An Edwardian Summer. Prosecution under the OH&S Act nil nil nil nil > Holly Schulte, Assistant Curator, travelled to the united Kingdom and Ireland from 8 May to 5 July 2011 as the recipient of the Phillip Kent Scholarship.

61 HISTORIC HOuSES TRuST Annual Report 10 > 11

Financial information

Risk management & We use the NSW Treasury Managed insurances Fund’s Risk Management Advisory Service to help inform staff involved The HHT is committed to a risk in our financial management. management approach to planning, which identifies and addresses both Formal policies and procedures are external and internal risks to our in place for our collections and operations. properties to address various risk management issues: We have adopted a risk management framework that conforms to NSW > Disaster Preparedness Plans Treasury Guidelines and the > Occupational Health & Safety Australian/New Zealand Risk (OH&S) Management Standard (AS/NZS ISO > Total Assets Management 31000:2009). Strategy Our Audit and Risk Committee, In addition, during 2010–11 we chaired by Trustee Martyn Mitchell, completed a comprehensive oversees our risk management assessment of OH&S risks at several processes and provides advice to the of our properties. Insurable risks are Board of Trustees. managed through our participation in During the year Deloitte Touche the NSW Treasury Managed Fund, Tohmatsu were appointed as internal which provides insurance cover across auditors by Communities NSW to lines of business including motor undertake specific risk assessments vehicle, property, legal liability and identified as part of a triennial workers compensation, as well as udit plan. miscellaneous coverage. The internal auditors undertook two Credit card certification reviews during 2010–11: The HHT has a policy for the use of Physical security of Collection credit cards by staff that is in items accordance with Premier’s The purpose of this audit was to Memoranda and Treasurer’s evaluate the design and effectiveness Directions. of the internal controls established to Delegations mitigate specific potential risks associated with the management of The occupants of key managerial the physical security of collection positions are authorised by the Office items, and to make recommendations of Premier and Cabinet under Section for improvement where pertinent. 12 of the Public Finance and Audit Act 1983 to exercise financial delegation management of Collection items to specific limits. The Office of The purpose of this audit was to Environment and Heritage has assess the design and effectiveness reviewed and issued delegations of the business process and internal in relation to personnel and controls in place to mitigate the key administration activities, and the HHT potential risks associated with the Director holds delegations from the management of collection items. Director-General, Office of Specifically, the audit assessed risks Environment and Heritage. related to the acquisition, disposal, stocktake and loan of collection items.

62 HISTORIC HOuSES TRuST Annual Report 10 > 11 | Appendices

Economic and other factors affecting the achievement of operational activities

There were no economic factors that had a significant effect on operational activities.

Consultants

Type of consultant Service Amount General > $50,000 – – General < $50,000 – –

Payments

Aged analysis at the end of each quarter Quarter Less than 30 days 31–60 days overdue 61–90 days overdue More than 90 days Total $’000 $’000 $’000 $’000 $’000

September 2010 72 65 12 (2) 147 December 2010 252 267 194 4 717 March 2011 42 180 (7) 8 223 June 2011 376 56 1 1 434

Quarter Total accounts paid on time Total amount paid Target % Actual % $’000 $’000 September 2010 100 98.3 12,295 12,654 December 2010 100 89 9,001 9,725 March 2011 100 96.5 7,877 8,475 June 2011 100 96.5 10,268 10,445

The HHT’s policy is to endeavour to ensure that all payments to suppliers are made promptly and in line with New South Wales Government guidelines. In some instances, issues relating to claims for payments require further clarification with suppliers, which can cause delay in payments. Capital work in progress would further delay the promptness in payment terms. There were no instances where interest was paid on overdue accounts.

63 HISTORIC HOuSES TRuST Annual Report 10 > 11

Susan Bee, Guide P/T Johanna Henwood, Casual Guide Staff (At 30 June 2011) Pamela Chauvel, Guide P/T Candice Iyer, Casual Guide Directorate Steven Collyer, Guide P/T Christy Pidgeon, Casual Guide Gordon Fehross, Guide P/T Man-Ling Yuen, Casual Guide Kate Clark, Director Jacqui Newling, Guide P/T Philippa Ardlie, Executive Officer meroogal Linda Shakiba, Guide P/T Fiona Bytheway, Executive Assistant Barbara Konkolowicz, Curator P/T Douglas Snider, Guide P/T Sandra Lee, Manager P/T Heritage & Portfolio Group Anthony Springford, Guide P/T Anthony Boland, Gardener P/T Lisa-Maree Botticelli, Casual Guide Ian Innes, Assistant Director, Richard Bates, Casual Garden Wendy Goodrick, Casual Guide Heritage & Portfolio Labourer Isobel Johnston, Casual Guide Richard Taylor, Project Manager, Suzi Krawczyk, Guide P/T Mary Johnstone, Casual Guide Properties Cheryl Scowen, Guide P/T Taline Kalaidjian, Casual Guide David Wilson, Building Trades and Lynne Allen, Casual Guide Maria Morita-Amodeo, Casual Maintenance Manager Nicole Ison, Casual Guide Guide government house & Martin Parkinson, Casual Guide Richard Pool, Casual Guide eastern sydney Portfolio Jen Saunders, Casual Guide Jesse Stein, Casual Guide Dayn Cooper, Head of Government Ruth Sykes, Casual Guide Ian Trounson, Casual Guide House & Eastern Sydney Portfolio *some staff also work at Vaucluse House rouse hill house & Farm government house Fergus Clunie, Curator rose seidler house Mantej Singh, Acting General Monica Leach, Visitor Services Andrew Mitchell, Manager Manager Manager Brian Sear, Casual Guide Ann Toy, Supervising Curator P/T Matthew Scott, Collection/House Robert Griffin, Curator P/T vaucluse house* Curator P/T Peter Francis, Building Services Dave Gray, Head Gardener Kathy Porter, Casual Museum Manager Stuart Macpherson, Gardener Assistant John Terzis, Assistant Building Julie Cooper, Garden Labourer Graeme Lloyd, Gardener & Livestock Services Manager Manager Stephen Goldsworthy, Garden Asoka Ekanayake, Functions Labourer Stephen Hanson, Garden Labourer Manager Steven Halliday, Garden Labourer John Daujotis, Maintenance Officer Cornelia Gartner, Functions Anita Rayner, Garden Labourer Philisity Dryden, Office Manager Coordinator P/T Belinda Mitrovich, Acting Chief *refer to Elizabeth Bay House for further staff Stewart Campbell, Museum of this property Guide Assistant Maureen Clack, Guide P/T Western sydney Portfolio Rick Santucci, Museum Assistant Rochelle Derriman, Guide P/T Head of Western Sydney Portfolio Sharon Howe, Chief Guide Margaret Lewis, Guide P/T Lincoln Daw, Guide P/T elizabeth Farm Kylie Roberts, Guide P/T Linda Drew-Smith, Guide P/T Bronwyn Alcorn, Manager Michel Wilson, Guide P/T Douglas Mackay, Guide P/T Kerrie Yates, Assistant Manager Peter Anderson, Casual Guide Karl Olsen, Guide P/T Ann Steng, Gardener P/T Amanda Cassey, Casual Guide Marianne Rhydderch, Guide P/T David Key, Chief Guide Nicole Elliott, Casual Guide David Bruderlin, Casual Guide Samuel Hodgkinson, Guide Jennifer Hill, Casual Guide Nicole Forsyth, Casual Guide Brad Lancaster, Guide Emily Howard, Casual Guide Mark Yabsely, Casual Guide Louise Brooks, Guide P/T David Joy, Casual Guide Jackie Dalton, Guide P/T elizabeth bay house* Peta Longhurst, Casual Guide Helen Reynolds, Gillian Redman-Lloyd, Kylie Mead, Casual Guide Tearoom Manager P/T Acting Manager Merilyn Mamone, Casual Guide Melanie Eagleston, Casual Guide Scott Hill, Assistant Curator, P/T Alana Pienkosz, Casual Guide and Tea Rooms Manager P/T Sandra Del Buono, Office Assistant Shirley Seale, Casual Guide Niomi Agius, Casual Guide Edward Champion, Chief Guide Tiana Vidler, Casual Guide Rebecca Bowman, Casual Guide

64 HISTORIC HOuSES TRuST Annual Report 10 > 11 | Appendices

City Portfolio Wendy Freidman, Casual Guide Claire Wilmott, Cultural Programs Larissa Anstee, Head of City Luisa Vasile, Casual Guide Officer P/T Hannah Boaden, Administration Portfolio macquarie Portfolio Assistant Justice & Police museum Scott Carlin, Head of Macquarie Mason Dean, Audiovisual Street Portfolio Caleb Williams, Curator/Manager Coordinator Nerida Campbell, Assistant the mint Karen Griffiths, Volunteer Curator P/T Robert Griffin, Curator P/T Coordinator Holly Schulte, Assistant Curator special Projects & Emma Bjorndahl, Photo/Digital hyde Park barracks museum exhibitions team Imaging Assistant P/T Gary Crockett, Curator Louise Tegart, Head of Special Antonio Valdes, Building Services Alex Bray, Office Manager Projects & Exhibitions Duncan Manager Trudie Craig, Acting Chief Guide Harrex, Exhibitions Production Cassandra Morgan, Office Manager Diana Carr, Guide Manager David Openshaw, Chief Guide Clare Fookes, Guide Peter Burne, Acting Exhibitions Victor Johnson, Guide Jennifer Twemlow, Guide Project Manager Carole Best, Guide P/T Carlin de Montfort, Guide P/T Bob Whight, Acting Exhibitions Greg Bond, Guide P/T Margot Tidey, Guide P/T Project Manager Maureen Clack, Guide P/T Coralie Augustesen, Casual Guide Kate Bruxner, Acting Assistant Craig Coventry, Guide PT Vanessa Barratt, Casual Guide Exhibitions Officer Grant Dempsey, Guide PT Kathryn Brown, Casual Guide Rebecca Edmunds, Acting Assistant Exhibitions Officer museum of sydney Sienna Brown, Casual Guide Claire Deck, Casual Guide Kieran Larkin, Coordinator Irene Karageorgiou, Assistant Exhibition Design and Manager Mikhaila Dunn, Casual Guide Documentation Inara Walden, Curator Aimée Falzon, Casual Guide Wendy Osmond, Coordinator Annie Campbell, Assistant Curator Hannah Gordon, Casual Guide Exhibition Design and Lucas Hejtmanek, Casual Guide Matthew Holle, Building Manager Documentation P/T Sara O’Shea, Casual Guide Pat Macan, Museum Assistant Sarah Fitzherbert, Publications Sarah Pianca, Casual Guide Amelia Bowan, Receptionist Officer P/T Erin Town, Casual Guide Carmen McGreal, Receptionist P/T Janine Flew, Publications Officer P/T Anthony Wilkinson, Casual Guide Scott Cumming, Chief Guide Rhiain Hull, Publications Officer P/T Dianne Corry, Guide heritage team Alice Livingstone, Rights and Craig Coventry, Guide P/T Richard Silink, Head of Heritage Permissions Officer P/T Grant Dempsey, Guide P/T Team & Endangered Houses Fund Ben Crosby, Office Manager Russell Garbutt, Guide P/T Caroline Lorentz, Loans Manager Creative Services Group Mark Sanfilippo, Guide P/T Bronwyn McKenzie, Loans Officer Toshie Swift, Guide P/T Caroline Butler-Bowdon, Assistant Susan Sedgwick, Head of Special Sabina Krusevljanin, Casual Guide Director, Creative Services Projects & Exhibitions (maternity Jemima Mowbray, Casual Guide Programs team leave) Andrew Pleffer, Casual Guide Sophie Lieberman, Head of Programs design team Mark Pullen, Casual Guide Rita Bila, Education Officer Louise Cornwall, Head of Design Natham Turner, Casual Guide Rebecca Guerrero, Education Bruce Smythe, Assistant Design susannah Place museum Officer Manager Kathryn Hanson, Education Officer Hana Rocak, Display Planner Anna Cossu, Curator/Manager P/T Fabienne Virago, Education Officer Trudi Fletcher, Display Planner P/T Geoff Marsh, Acting Manager Ross Heathcote, Education Officer P/T Cathy Osborne, Display Planner P/T Russell Garbutt, Guide P/T John Lamzies, Education Officer P/T Anne-Louise Falson, Senior Helen Johnson, Guide P/T Samantha Hagan, Cultural Programs Designer P/T Alda Scofield, Guide P/T Officer Alex Haddad, Designer Margaret Shain, Guide P/T Julie Ryan, Cultural Programs Officer Beau Vandenberg, Designer Annie Eyers, Casual Guide

65 HISTORIC HOuSES TRuST Annual Report 10 > 11

Julie Stinson, Designer (maternity Rebecca Simeon, Event Coordinator marketing team leave) Joe Binder, Casual Event Supervisor Malcolm Zahra, Acting Marketing interpretation team Chris Burke, Casual Event Supervisor Manager Beth Hise, Head of Interpretation Brendan O’Connell, Casual Event Lyndal Judges, Box Office Supervisor Administrator Jane Kelso, Project Officer, Research Marcel Gotch, Audiovisual Sara O’Shea, Marketing Assistant Collections & access team Coordinator Clare Wilmott, Marketing Assistant P/T Megan Martin, Head of Collections Richard Boxhall, Casual Audiovisual sponsorship team & Access Technician Tina Koutsogiannis, Sponsorship Joanna Nicholas, Curator P/T* Simon Branthwaite, Casual Manager Michael Lech, Assistant Curator* Audiovisual Technician Maria Walker, Sponsorship Assistant Marina Grilanc, Assistant Curator Michael Hanlon, Casual Audiovisual P/T* Technician media team Matthew Stephens, Reference Ben Jacobson, Casual Audiovisual Arianne Martin, Acting Media Librarian* Technician Relations Manager Jennifer Rayner, Library Technician* Jay Mouron, Casual, Audiovisual Claire McGreal, Publicity Assistant Anna Blunt, Library Technician P/T* Technician Ruth Bath, Media Relations Manager Jennifer Olman, Database Manager Ian Shadwell, Casual Audiovisual (maternity leave) Tamara Lavrencic, Collections Technician Operations Group Manager Konrad Skirlis, Casual Audiovisual Allison Campbell, Collections Technician Nicholas Malaxos, Assistant Director, Officer Zachary Ruokari, Casual Audiovisual Management Services Jennifer Exton, Collections Officer Technician Brent Sennit, Acting Assistant P/T Shawn Morris, Casual Facilities Director, Operations Shana Satyanand, Project Officer P/T Officer John Morgan, Legal Officer *Caroline Simpson & Library Research Jonothan Pye, Casual Facilities administration team Collection Officer John Hoey, Acting Administration Web & screen media team Joanne Oldfield, Casual Administrator Manager, The Mint Tim Girling-Butcher, Head of Web Irene Hunter, Event Coordinator Katinka Kemp, Assistant Manager & Screen Media (maternity leave) Colleen Kremer, Records Manager Justin Maynard, Multimedia Tabitha Charles, Records Officer Coordinator Retail Michael Larkin, Receipt and Ondine Evans, Assistant Online Peter Barnes, Retail Manager Dispatch Manager Producer Chantal Sneddon, MOS Shop Troy Fear, Administration Assistant Manager/Merchandise Supervisor Neville Adams, Driver/General Commercial & Marketing Gemma O’Brien, Merchandise Assistant Services Group Supervisor Marisol Bogaz, Reception P/T Julie Turpie, Assistant Director, Meg Olds, Merchandise Officer Joy Minter, Reception P/T Commercial & Marketing Services Kate Finn, Casual Stock & Sales Assistant Vicky Tycho, Reception P/T Commercial services team Jessica Heneka, Casual Stock & Bruce Crowther, Casual Damian Poole, Head of Commercial Sales Assistant Finance team Services Pippa Lyons, Casual Stock & Sales Yaseen Dean, Acting Senior Finance Venues Assistant Manager Jan Conti, Operations Manager Alex Perrett, Casual Stock & Sales Denise Yousheyah, Assistant Matt Adamson, Sales & Marketing Assistant Management Accountant Manager Deb Renaud, Casual Stock & Sales PingPing Chen, Assistant Financial Bo Mee Bisnette, Sales & Marketing Assistant Accountant Coordinator Antonella Schulte, Casual Stock Lekha Gurung, Assistant Financial Ai-Lin Crisford, Event Coordinator & Sales Assistant Accountant Angela Sanfilippo, Event Jack Williams, Casual Stock & Sales Kenneth Webb, Accounts Payable Coordinator Assistant Clerk

66 HISTORIC HOuSES TRuST Annual Report 10 > 11 | Appendices

human resources team Volunteers David Knapp, Gilly Knox, Lada Georgina Pearce, Acting Human Kolonkova, Kate laing, Richard rawiya ali, Lynne Allen, Ingrid Resources Manager Lambert, Genevieve Lancaster, June Anderson, Peter Anderson, Prue Lane, Iven Lau, Ellen M Lawson, Greta Amanda Milles, Human Resources Anthony, Kimberley A Archibald, Lee, Mollie Lenthall, Margaret Light, Officer Bianca Azar, Claire baddley, Karin Elizabeth Little, Dennis F Lovely, Ruth Stig, Personnel/Payroll Bahls, Mandy Baird, Jesamina Sophie D Loy-Wilson, Isabel Ludwig, Supervisor P/T Barbaro, Leonie Baxter, Lorraine Bell, bob macoun, Inez Majcan, Malcolm Denis Loos, HR/Payroll Officer Margery Bennett, Rose Bersten, Mawhinney, Nathan McCauley, Philip information & Communications Raelene Beuermann, Colin Bishop, McGarva, Frank McHale, Lyn McHale, technology team Joy Bloch, Liselotte Bourcier, John Susan J McIntyre, Betty McLintock, Boyd, Peter C Bradfield, Ron Bray, Manager, Information & Rae McLintock, Susan Melrose, Claire Brockhoff, Marnie Brown, Communications Technology Jessica Meyer, Sue Miller, Susan Helen Bryant, michelle Cannane, Miller, Belinda Mitrovich, Natalie Alex Gibson, Infrastructure Services Annalisa Caporro, Anne Carpenter, Moore, Frances Moors, Siân E Manager Steve R Cartland, Judith G Chapple, Morgan Hall, Ingrid Mueller, Minna Azfar Wasim, Infrastructure Support Bernadette Chin, Mariana Cidade, Muhlen-Schulte, Ross Muller, Valda Engineer Anthony Clapham, Jonathan Muller, Alwyn Murray, Lynette J John Mackay, Support Services Claridge, Terry Clarke, Gary Cook, Murray, amy nhan, Vili Nikolovski, Manager Patricia Cooper, Estelle Cox, Susan Michael Noone, Toni A Novoselac, Atif Ali, Communications Analyst P Crisp, maryann d’sa, Amanda Zinna o’brian, Jan O’Donnell, Brian Da-Silva, Jan Dash, Alicia C Davey, Oliver, Sandra Ollington, Rhondda Foundation for the Historic Brooke Davidson, Philip Davies, Anne Orchard, Linda Ovelgonn, robert Houses Trust of New South M deGraaff, Caroline De Jongh, Pauling, Margie Perez, Glenys A Pike, Wales Janise Derbyshire, Rochelle O Adriana Piscicelli, Alise Polja, James Beck, General Manager P/T Derriman, Cyril Desouza, Maureen Charlotte Poree, Robin Porter, Brian Renee Fryer, Events Coordinator P/T Devereaux, Laurence Dillon, Margaret Powyer, Kenneth raven, Stewart Annette Jee, Events Coordinator P/T Donachy, Malcolm R Donaldson, Reed, Cheree Richardson, Valerie Betty Donnelly, Ruth Dornan, Kate (maternity leave) Ridley, Joan Rodd, Zacha Rosen, Dorrough, Heather Dryburgh, Priscilla Nicola Ross, erica saville, Maria Historic Houses Trust Duncan, Dominic M Dwyer, helen Schattiger, Antonella Schulte , Helen Members economus, Philip C Emery, Laura Seale, Bernard Sharah, Betty Shaw, Eringa, Nora Etmekdjian, Julie Evans, Tracey Shaw, Kathleen Shuster, Betty Judy Pittaway, General Manager liz Fairbairn, Gerald Finn, Dianne M Sideres, Jeanette Sims, Robyn E Andrew Finlay, Program Manager Finnegan, Belinda Finocchiaro, Ron Smith, Annette Smith-Bridges, Jann E Erika Honey, Membership Fisher, Helen Foster, Jessica Fuller, Stanford, Julie Stark, Jean Steel, Administrator P/T naomi gall, Allan Garrick, Rebecca C Constance Stevens, Barbara M Aimee Deaves, Event and Box Office Geraghty, Marion Gibbeson, Gillian Stevenson, Shirley Stimson, Patricia Administrator P/T Gibbons, Kathleen M Gilbert, Diana Stock, Doreen Sully, Lisa Sykes, Janet Anne Wiseman, Accounts Officer P/T Glenn, Lesley Goldberg, Zelda tate, Susannah E Tennant, Aline Goldstein, Gregory Joseph Gould, Terhorst, Margot Tidey, Kara Narelle Gould, Elaine Graham, Neil Tompkins, Noela K Trimble, Neridah Graham, James Griffith, Marina Tyler, geraldeen a Walker, Robert Grilanc, Robin Guthrie, Margaret Guy, Wallis, Belinda R Walsh, Deborah gordon hannam, Shirley Hannam, Warren, Christine Waters, Anne Betty Harris, Janette Heffernan, Watson, Gordon C Watson, John Tracey Hein, Joseph Heng, Jan M Watt, Elspeth Webster, Michael Heslep, Stephen Hickman, Joy Hill, Webster, Leonard Werman, Elaine Margaret Hill, Marjory Holdom, White, Anne Whitelaw, Janet Whitten, Kathleen Hossack, Emily Howard, Karen J Wilcox, Clarice Wilkins, Emily John D Hudson, Steph Hughes, Wilson, Laraine Wilson, Marie Wilson, Nouha Hussney, Stephen P Stephanie Wong, Rex Wood, Robert Hutchings, rosemary ingle, Haidee M Wood, Anne Woodley, Constance Ireland, Peter James, Wendy James, Wright, Julie yarnold, Fiona Yeates, Julie Johnson, Prue K Johnson, adam Jennifer m Zerial, Edith Ziegler Kelly, Graham Kerr, Maureen King,

67

STATEMENTS FINANCIAL THE OF PART FORMING AND TO NOTES FOR THE YEAR ENDED 3 ENDED YEAR THE FOR 011 2 JUNE 0

10 Report Annual ST Ru T SES Ou H ISTORIC H 11 > >

statements

Financial

STATEMENTS FINANCIAL THE OF PART FORMING AND TO NOTES FOR THE YEAR ENDED 3 ENDED YEAR THE FOR 011 2 JUNE 0

10 Report Annual ST Ru T SES Ou H ISTORIC H Financial statements Financial | 11 > >

70 70

are expected to be realised within 12 months after the the after months 12 within realised be to expected are

as current or non-current. Current assets are those that that those are assets Current non-current. or current as

an accruals basis. Assets and liabilities are expressed expressed are liabilities and Assets basis. accruals an note the reader can refer to for further information. further for to refer can reader the note

against these assets. The statement is also prepared on on prepared also is statement The assets. these against disclosed in the notes. The ‘note’ column indicates which which indicates column ‘note’ The notes. the in disclosed

year. It shows the assets held as well as liabilities or claims claims or liabilities as well as held assets the shows It year. to accounting standards, policy or legislation this will be be will this legislation or policy standards, accounting to

value at a point in time, in this case, the end of the financial financial the of end the case, this in time, in point a at value items within the financial statements. If there are changes changes are there If statements. financial the within items

This statement sets out the net accumulated financial financial accumulated net the out sets statement This as well as giving more specific information and detail about about detail and information specific more giving as well as

and assumptions used to prepare the financial statements, statements, financial the prepare to used assumptions and

POSITION CIAL N FINA OF STATEMENT 2

The notes provide further information in relation to the rules rules the to relation in information further provide notes The

losses or remeasuring available-for-sale financial assets. financial available-for-sale remeasuring or losses

STATEMENTS FINANCIAL

income includes changes in revaluation reserve, gains and and gains reserve, revaluation in changes includes income

THE OF PART FORMING AND TO NOTES 5

items such as depreciation of assets. Other comprehensive comprehensive Other assets. of depreciation as such items

or paid. Accruals accounting also recognises non-cash non-cash recognises also accounting Accruals paid. or position for the year. the for position

when it is earned/incurred and not when money is received received is money when not and earned/incurred is it when cash closing the at arrive to position cash opening

basis, which means it accounts for income and expenditure expenditure and income for accounts it means which basis, the from subtracted or to added then is This activities.

of operations. The statement is prepared on an accruals accruals an on prepared is statement The operations. of investing and operating from flows cash the of total the

financial year to see the change in resources as a result result a as resources in change the see to year financial from results cash in decrease or increase net resulting A

the reader to compare the result against the previous previous the against result the compare to reader the of cash, for example, the sale of plant and equipment. and plant of sale the example, for cash, of

recovered as well as the source of the funding. It also allows allows also It funding. the of source the as well as recovered definition the under falling not investments and assets

provided and the extent to which these costs were were costs these which to extent the and provided productive other and assets non-current of disposal

enables readers to identify the cost of goods and services services and goods of cost the identify to readers enables and acquisition the to relate that activities those

surplus/deficit in delivering our services. The statement statement The services. our delivering in surplus/deficit

summarises – activities investing from flows cash The >

year (1 July 2010 to 30 June 2011) and is reported as a a as reported is and 2011) June 30 to 2010 July (1 year

from government. from

This statement looks at our performance over the financial financial the over performance our at looks statement This

flows cash includes this statement our In services. and

INCOME COMPREHENSIVE OF STATEMENT 1 goods of provision the to relate that flows cash those

summarises – activities operating from flows cash The >

statements.

The statement of cash flows has only two sections: two only has flows cash of statement The

Auditor-General’s audit opinion of the HHT’s financial financial HHT’s the of opinion audit Auditor-General’s

comprehensive income) when it is received or paid. or received is it when income) comprehensive is included with the financial statements and it states the the states it and statements financial the with included is

of cash (as opposed to accruals as in the statement of of statement the in as accruals to opposed (as cash of controlled entities. The Auditor-General’s audit certificate certificate audit Auditor-General’s The entities. controlled

inflows/outflows. The statement reflects a recording recording a reflects statement The inflows/outflows. Wales public sector agencies such as the HHT and its its and HHT the as such agencies sector public Wales

This statement shows the nature and amount of cash cash of amount and nature the shows statement This The New South Wales Auditor-General audits New South South New audits Auditor-General Wales South New The

FLOWS CASH OF STATEMENT 4

The Hamilton Rouse Hill Trust Hill Rouse Hamilton The >

Rouse Hill Hamilton Collection Pty Ltd Pty Collection Hamilton Hill Rouse >

or distributions are adjusted against the equity account. equity the against adjusted are distributions or

South Wales Limited Wales South contributions All period. reporting the during movements

New of Trust Houses Historic the for Foundation > describes the movement in equity and the source of those those of source the and equity in movement the describes

of New South Wales South New of This statement recognises income and expense and and expense and income recognises statement This

Foundation for the Historic Houses Trust Trust Houses Historic the for Foundation >

y IT qu E IN CHANGES OF STATEMENT 3

all of the entities which fall under our control: our under fall which entities the of all

financial year. financial includes Entity Consolidated The Entity. Consolidated

the of end the at organisation the of worth net the is, under the control of the HHT, which is known as the the as known is which HHT, the of control the under

that – equity total equals which assets, net as expressed known as the Parent Entity, and the group of organisations organisations of group the and Entity, Parent the as known

The difference between total assets and total liabilities is is liabilities total and assets total between difference The The statements disclose separately the Trust, which is is which Trust, the separately disclose statements The

generally unlikely to be settled within the next 12 months. months. 12 next the within settled be to unlikely generally

Statement of cash flows cash of Statement >

those assets and liabilities that are not current and are are and current not are that liabilities and assets those

Statement of changes in equity in changes of Statement >

after the reporting date. Non-current assets/liabilities are are assets/liabilities Non-current date. reporting the after

Statement of financial position financial of Statement >

defer settlement of the liability for more than 12 months months 12 than more for liability the of settlement defer

Statement of comprehensive income comprehensive of Statement > where the Trust does not have an unconditional right to to right unconditional an have not does Trust the where

accompanying notes: accompanying be settled within the Trust’s normal operating cycle and and cycle operating normal Trust’s the within settled be

financial statements, which are made up of four reports and and reports four of up made are which statements, financial Current liabilities are obligations which are expected to to expected are which obligations are liabilities Current

This information is to assist readers to understand our our understand to readers assist to is information This

reporting date or the asset is cash or cash equivalent. equivalent. cash or cash is asset the or date reporting

understanding our financial statements financial our understanding

STATEMENTS FINANCIAL THE OF PART FORMING AND TO NOTES FOR THE YEAR ENDED 3 ENDED YEAR THE FOR 011 2 JUNE 0

10 Report Annual ST Ru T SES Ou H ISTORIC H 11 > >

71 71

inventories

89 – assets Current 8: Note

date events date receivables

107 balance Post 26: Note 89 – assets Current 7: Note

107 Note 25: Property leases leases Property 25: Note and cash equivalents cash and

88 cash – assets Current 6: Note

106 Note 24: Biodiversity credits Biodiversity 24: Note

benefits and other liabilities other and benefits

106 Note 23: Contingent liabilities Contingent 23: Note

employee of entity Crown the

106 Note 22: Internal audit Internal 22: Note

88 by Acceptance 5: Note

expenditure

disposal

105 for Commitments 21: Note

88 on Gain/(loss) 4: Note

and investing activities investing and

87 Note 3: Revenue 3: Note

105 financing Non-cash 20: Note

losses

99 Note 19: Financial instruments Financial 19: Note

86 excluding Expenses 2: Note

to net cost of services of cost net to

policies

activities operating from flows

accounting significant

99 cash of Reconciliation 18: Note

79 of Summary 1: Note

98 Note 17: Controlled entities entities Controlled 17: Note

financial statements financial

79 96 Notes to and forming part of the the of part forming and to Notes Note 16: Changes in equity in Changes 16: Note

78 95 Statement of cash flows flows cash of Statement Note 15: Non-current liabilities Non-current 15: Note

77 Statement of changes in equity in changes of Statement liabilities

95 Current/non-current 14: Note

76 Statement of financial position financial of Statement

95 Note 13: Intangible assets Intangible 13: Note

income

75 Statement of comprehensive comprehensive of Statement property, plant and equipment equipment and plant property,

90 – assets Non-current 12: Note

statements statements

South Wales statutory financial financial statutory Wales South held for resale for held

74 90 Historic Houses Trust of New New of Trust Houses Historic assets Non-current 11: Note

73 90 Independent auditor’s report auditor’s Independent Note 10: Restricted assets Restricted 10: Note

management attestation attestation management assets – other financial assets financial other – assets

72 89 Internal audit and risk risk and audit Internal Current/non-current 9: Note

Financial statements contents statements Financial

10 Report Annual ST Ru T SES Ou H ISTORIC H Financial statements Financial | 11 > >

72

17 October 2011 October 17

Chairman

Rose Michael

In accordance with a resolution of the HHT Board of Trustees. of Board HHT the of resolution a with accordance In

and satisfactorily control risk exposures. risk control satisfactorily and

These processes provide a level of assurance that enables the senior management of the HHT to understand, manage manage understand, to HHT the of management senior the enables that assurance of level a provide processes These

Michael Rose – HHT Trustee (Term 1: August 2010 – current) – 2010 August 1: (Term Trustee HHT – Rose Michael >

Bruce Hambrett – HHT Trustee (Term 1: February 2009 – current) – 2009 February 1: (Term Trustee HHT – Hambrett Bruce >

Martyn Mitchell – Chair, HHT Trustee (Term 2: February 2009 – current) – 2009 February 2: (Term Trustee HHT Chair, – Mitchell Martyn >

of the HHT Audit and Risk Committee are: Committee Risk and Audit HHT the of

Circular NSW TC 09/08 through the Communities NSW Audit and Risk Committee framework. The Chair and Members Members and Chair The framework. Committee Risk and Audit NSW Communities the through 09/08 TC NSW Circular

Committee, is constituted and operates in accordance with the independence and governance requirements of Treasury Treasury of requirements governance and independence the with accordance in operates and constituted is Committee,

The HHT Board of Trustees is of the opinion that the HHT Audit and Risk Committee, formerly the HHT Finance and Audit Audit and Finance HHT the formerly Committee, Risk and Audit HHT the that opinion the of is Trustees of Board HHT The

Internal Audit and Risk Management Policy Management Risk and Audit Internal 09/08 TC NSW Circular Treasury in . .

internal audit and risk management processes that are in all material respects compliant with the core requirements set out out set requirements core the with compliant respects material all in are that processes management risk and audit internal

The Historic Houses Trust of New South Wales (the HHT) Board of Trustees is of the opinion that the HHT has introduced introduced has HHT the that opinion the of is Trustees of Board HHT) (the Wales South New of Trust Houses Historic The

ALES W OUTH S EW N OF RUST T OUSES H ISTORIC H THE FOR

EAR Y INANCIAL F –11 2010 THE FOR

Internal audit and risk management attestation attestation management risk and audit Internal

10 Report Annual ST Ru T SES Ou H ISTORIC H 11 > >

73

Sydney of the risks of material misstatement of the financial financial the of misstatement material of risks the of

17 October 2011 October 17 on the auditor’s judgement, including the assessment assessment the including judgement, auditor’s the on

financial statements. The procedures selected depend depend selected procedures The statements. financial

Director, Financial Audit Services Audit Financial Director, evidence about the amounts and disclosures in the the in disclosures and amounts the about evidence

Steven Martin Steven An audit involves performing procedures to obtain audit audit obtain to procedures performing involves audit An

misstatement. misstatement.

whether the financial statements are free from material material from free are statements financial the whether

perform the audit to obtain reasonable assurance about about assurance reasonable obtain to audit the perform

requirements relating to audit engagements and plan and and plan and engagements audit to relating requirements

standards require that I comply with relevant ethical ethical relevant with comply I that require standards

clients or income. or clients

accordance with Australian Auditing Standards. Those Those Standards. Auditing Australian with accordance

losing of possibility the by role their in compromised statements based on my audit. I conducted my audit in in audit my conducted I audit. my on based statements

not are Wales South New of Office Audit the My responsibility is to express an opinion on the financial financial the on opinion an express to is responsibility My

and Auditor-General the ensuring thus services, audit

Auditor’s Responsibility Auditor’s

non- of provision the precluding but agencies sector

public of auditor as Auditor-General the mandating > or error. error. or

government, can remove an Auditor-General an remove can government, are free from material misstatement, whether due to fraud fraud to due whether misstatement, material from free are

executive the not and Parliament, only that providing > to enable the preparation of the financial statements that that statements financial the of preparation the enable to

such internal control as the Trustees determine is necessary necessary is determine Trustees the as control internal such The PF&A Act further promotes independence by: independence promotes further Act PF&A The

Australian Accounting Standards and the PF&A Act, and for for and Act, PF&A the and Standards Accounting Australian pronouncements. ethical relevant other and Standards

presentation of the financial statements in accordance with with accordance in statements financial the of presentation independence requirements of the Australian Auditing Auditing Australian the of requirements independence

The Trustees are responsible for the preparation and fair fair and preparation the for responsible are Trustees The In conducting my audit, I have complied with the the with complied have I audit, my conducting In

Responsibility for the Financial Statements Statements Financial the for Responsibility Independence

of this report. this of hyperlinked to/from the financial statements. financial the to/from hyperlinked

My opinion should be read in conjunction with the rest rest the with conjunction in read be should opinion My been have may which information, other any about >

website where they may be presented be may they where website Finance and Audit Regulation 2010. Regulation Audit and Finance

any on statements financial audited the of publication (the PF&A Act) and the Public Public the and Act) PF&A (the 1983 Act Audit and

electronic the over controls and security the about > Finance Public of 41B section with accordance in are >

about the effectiveness of internal control internal of effectiveness the about > accordance with Australian Accounting Standards Standards Accounting Australian with accordance

efficiently and economically and efficiently in ended then year the for performance financial their of

effectively, activities their out carried have they that > and 2011, June 30 at as entity consolidated the and Trust

entity the of position financial the of view fair and true a give >

consolidated or Trust the of viability future the about >

In my opinion, the financial statements: financial the opinion, my In

provide assurance: provide not does opinion My

Opinion

appropriate to provide a basis for my audit opinion. opinion. audit my for basis a provide to appropriate

to time during the financial year. financial the during time to I believe the audit evidence I have obtained is sufficient and and sufficient is obtained have I evidence audit the believe I

time from or end year’s the at controlled it entities the

overall presentation of the financial statements. statements. financial the of presentation overall

entity. The consolidated entity comprises the Trust and and Trust the comprises entity consolidated The entity.

estimates made by the Trustees, as well as evaluating the the evaluating as well as Trustees, the by made estimates

explanatory information of the Trust and the consolidated consolidated the and Trust the of information explanatory

policies used and the reasonableness of accounting accounting of reasonableness the and used policies

a summary of significant accounting policies and other other and policies accounting significant of summary a

includes evaluating the appropriateness of accounting accounting of appropriateness the evaluating includes

of cash flows for the year then ended, notes comprising comprising notes ended, then year the for flows cash of

effectiveness of the entity’s internal controls. An audit also also audit An controls. internal entity’s the of effectiveness

the statement of changes in equity and the statement statement the and equity in changes of statement the

but not for the purpose of expressing an opinion on the the on opinion an expressing of purpose the for not but

30 June 2011, the statement of comprehensive income, income, comprehensive of statement the 2011, June 30

procedures that are appropriate in the circumstances, circumstances, the in appropriate are that procedures

which comprises the statement of financial position as at at as position financial of statement the comprises which

of the financial statements in order to design audit audit design to order in statements financial the of

of Historic Houses Trust of New South Wales (the Trust), Trust), (the Wales South New of Trust Houses Historic of

relevant to the entity’s preparation and fair presentation presentation fair and preparation entity’s the to relevant

I have audited the accompanying financial statements statements financial accompanying the audited have I

risk assessments, the auditor considers internal controls controls internal considers auditor the assessments, risk

To Members of the New South Wales Parliament Wales South New the of Members To

statements, whether due to fraud or error. In making those those making In error. or fraud to due whether statements,

NTITIES E ONTROLLED C AND

ALES W OUTH S EW N OF RUST T OUSES H ISTORIC H

Independent auditor’s report report auditor’s Independent

10 Report Annual ST Ru T SES Ou H ISTORIC H Financial statements Financial | 11 > >

74

Dated this 17th day of October 2011 October of day 17th this Dated

Chairman Director

Michael Rose Michael Kate Clark Kate

or inaccurate. or

At the date of signing we are not aware of any circumstances which would render the financial statements misleading misleading statements financial the render would which circumstances any of aware not are we signing of date the At c)

and the results of their operations for the year ended on that date; date; that on ended year the for operations their of results the and

The financial statements and notes thereto exhibit a true and fair view of the financial position as at 30 June 2011 2011 June 30 at as position financial the of view fair and true a exhibit thereto notes and statements financial The b)

includes Australian Accounting Interpretations) and the Treasurer’s Directions; Treasurer’s the and Interpretations) Accounting Australian includes

, the Public Finance and Audit Regulation 2005, applicable Australian Accounting Standards (which (which Standards Accounting Australian applicable 2005, Regulation Audit and Finance Public the , 1983 Act Audit and

Public Finance Finance Public the of provisions the with accordance in prepared been have statements financial accompanying The a)

of Trustees of the Historic Houses Trust of New South Wales, we state that: state we Wales, South New of Trust Houses Historic the of Trustees of

1983 Act Audit and Finance Public the of (1C) 41C Section to Pursuant , and, in accordance with a resolution of the Board Board the of resolution a with accordance in and, ,

PUBLIC FINANCE AND AUDIT ACT, 1983 ACT, AUDIT AND FINANCE PUBLIC THE OF 41C(1C) SECTION WITH ACCORDANCE IN STATEMENT

FOR THE YEAR ENDED 30 JUNE 2 JUNE 30 ENDED YEAR THE FOR 011

statutory financial statements financial statutory

Historic Houses Trust of New South Wales Wales South New of Trust Houses Historic

10 Report Annual ST Ru T SES Ou H ISTORIC H 11 > >

75

The accompanying notes form part of these financial statements. financial these of part form notes accompanying The

59,499 2,462 59,502 2,528 YEAR THE FOR INCOME COMPREHENSIVE TOTAL

58,107 1,826 58,107 1,826 year the for income comprehensive Other

58,107 1,826 58,107 1,826 16 reserve revaluation asset equipment and

Net increase/(decrease) in property, plant plant property, in increase/(decrease) Net

Other comprehensive income comprehensive Other

YEAR THE FOR SURPLUS/(DEFICIT) 1,392 636 1,395 702

(49) (50) (49) (50) 4 disposal on Gain/(loss)

28,437 31,190 28,619 31,457 revenue Total

239 183 254 206 3(d) revenue Other

22,342 24,590 22,430 24,685 3(c) contributions other and Grants

512 428 591 577 3(b) revenue Investment

5,344 5,989 5,344 5,989 3(a) services and goods of Sale

uE REVEN

26,996 30,504 27,175 30,705 losses excluding expenses Total

1,267 523 1,267 523 2(c) amortisation and Depreciation

8,828 11,664 9,007 11,865 2(b) expenses operating Other

16,901 18,317 16,901 18,317 2(a) expenses services Personnel

Operating expenses Operating

LOSSES DING u CL Ex PENSES Ex

$’000 $’000 $’000 $’000

2010 2011 2010 2011

Notes Entity Consolidated Parent Entity Parent

FOR THE YEAR ENDED 30 JUNE 2 JUNE 30 ENDED YEAR THE FOR 011

Statement of comprehensive income comprehensive of Statement

DITED FINANCIAL STATEMENT FINANCIAL DITED u A OF BEGINNING S

10 Report Annual ST Ru T SES Ou H ISTORIC H Financial statements Financial | 11 > >

76 76

The accompanying notes form part of these financial statements. financial these of part form notes accompanying The

317,897 322,641 321,670 326,481 equity Total

154,263 157,182 0 0 157,8 160,785 16 funds Accumulated

163,634 165,459 163,870 165,696 16 Reserves

uity eQ

317,897 322,641 321,670 326,481 assets et N

3,114 5,006 3,135 5,023 liabilities Total

12 12 12 12 liabilities non-current Total

12 12 12 12 15 Payables

liabilities Non-current

liabilities current Total 3,102 4,994 3,123 5,011

– – – – 14 Borrowings

3,102 4,994 3,123 5,011 14 Payables

Current liabilities Current

LIABILITIES

321,011 327,647 324,805 331,504 assets Total

312,533 318,783 313,441 319,691 assets non-current Total

77 121 77 121 13 assets Intangible

4,871 834 4,871 834 12(b) progress in works Capital

7 585 07, 3 317,828 308,493 318,736 12(a) equipment and plant property, Total

– Collection assets assets Collection – 35,976 36,649 36,884 557 37,

– Plant and equipment equipment and Plant – 533 592 533 592

– Land and buildings buildings and Land – 271,076 280,587 271,076 280,587

Property, plant and equipment equipment and plant Property,

assets Non-current

8,478 8,864 11,364 11,813 assets current Total

resale for held assets Non-current – – 1,701 – 1,701 11

value fair at assets Financial 5,433 5,433 3,781 5,433 4,656 9

787 745 787 745 8 Inventories

774 723 783 747 7 receivables other and Trade

equivalents cash and Cash 1,484 1,914 4,361 3,964 6

Current assets assets Current

ASSETS

$’000 $’000 $’000 $’000

2010 2011 2010 2011

Entity Consolidated Notes Parent Entity Parent

FOR THE YEAR ENDED 30 JUNE 2 JUNE 30 ENDED YEAR THE FOR 011

Statement of financial position position financial of Statement

10 Report Annual ST Ru T SES Ou H ISTORIC H 11 > >

77

The accompanying notes form part of these financial statements. financial these of part form notes accompanying The

317,897 163,634 154,263 2010 June 30 at as Balance

10,534 – 10,534 transfers equity from assets net in Increase/(decrease)

59,499 58,107 1,392 income comprehensive Total

58,107 58,107 – assets non-current of revaluation on Increment

1,392 – 1,392 year the for Surplus

65 247,8 105,527 142,338 2009 July 1 at as Balance

322,641 165,459 157,182 16 2011 June 30 at as Balance

2,283 – 2,283 transfers equity from assets net in Increase/(decrease)

2,462 1,826 636 income comprehensive Total

1,826 1,826 – assets non-current of revaluation on Increment/(decrement)

636 – 636 year the for Surplus/(deficit)

317,896 163,633 154,263 2010 July 1 at as Balance

$’000 $’000 $’000

equity reserve funds

Total revaluation Accumulated

Asset

Parent Entity – HHT – Entity Parent Notes

2010 June 30 at as Balance 321,670 163,870 0 0 157,8

transfers equity from assets net in Increase/(decrease) 10,534 – 10,534

59,503 58,108 1,395 income comprehensive Total

assets non-current of revaluation on Increment 58,108 58,108 –

year the for Surplus/(deficit) 1,395 – 1,395

2009 July 1 at as Balance 251,633 105,762 145,871

2011 June 30 at Balance 326,481 165,696 160,785 16

transfers equity from assets net in Increase/(decrease) 2,283 – 2,283

2,528 1,826 702 income comprehensive Total

Increment/(decrement) on revaluation of non-current assets non-current of revaluation on Increment/(decrement) 1,826 1,826 –

year the for Surplus/(deficit) 702 – 702

2010 July 1 at as Balance 321,670 163,870 0 0 157,8

$’000 $’000 $’000

equity reserve funds

Total revaluation Accumulated

Asset

Entity Consolidated Notes

FOR THE YEAR ENDED 30 JUNE 2 JUNE 30 ENDED YEAR THE FOR 011

Statement of changes in equity equity in changes of Statement

10 Report Annual ST Ru T SES Ou H ISTORIC H Financial statements Financial | 11 > >

78

The accompanying notes form part of these financial statements. financial these of part form notes accompanying The

1,484 1,914 4,361 3,964 6 EQUIVALENTS CASH AND CASH CLOSING

6,765 1,484 8,569 4,361 equivalents cash and cash Opening

(5,281) 430 (4,208) (397) CASH IN INCREASE/(DECREASE) NET

ACTIVITIES FINANCING FROM FLOWS CASH NET 110) (1,100 – – –

110) (1,100 – – – advances and borrowings of Repayment

– – – – – advances and borrowings from Proceeds

– – – – – appropriation equity – appropriation Capital

ACTIVITIES FINANCING FROM FLOWS CASH

768) (7,698 (3,521) ) (7,694 (4,397) ACTIVITIES INVESTING FROM FLOWS CASH NET

– – – – Other

(2,933) ) 03 3 (17, (2,933) (18,722) investments of Purchases

(4,765) (5,123) (4,761) (5,124) systems infrastructure and equipment,

and plant buildings, and land of Purchases

– – 18,955 – 19,499 investments of sale the from Proceeds

– – (50) – (50) equipment and plant property,

of sale from Proceeds/expenditure

ACTIVITIES INVESTING FROM FLOWS CASH

NET CASH FLOWS FROM OPERATING ACTIVITIES OPERATING FROM FLOWS CASH NET 3,517 3,951 3,486 4,000 18

Net cash flows from government from flows cash Net 21,133 21,514 21,133 21,514

– – – – – appropriations) equity (excluding appropriation Capital

2,047 2,212 2,047 2,212 appropriation Capital

19,086 19,302 19,086 19,302 appropriation Recurrent

Cash flows from government from flows Cash

7,372 7,927 510 7, 8,180 receipts Total

239 183 253 206 Other

1,209 1,234 1,297 1,329 contributions and Grants

512 428 591 577 received Interest

Sale of goods and services services and goods of Sale 5,412 6,082 5,369 6,068

Receipts

(24,988) (25,490) (25,157) (25,694) payments Total

(8,087) (8,063) (8,256) (8,267) Other

– – – – – costs Finance

– – – – – subsidies and Grants

(16,901) (17,427) (16,901) (17,427) related Employee

Payments

ACTIVITIES OPERATING FROM FLOWS CASH

$’000 $’000 $’000 $’000

2010 2011 2010 2011

Notes Parent Entity – HHT – Entity Parent Entity Consolidated

FOR THE YEAR ENDED 30 JUNE 2 JUNE 30 ENDED YEAR THE FOR 011

Statement of cash flows cash of Statement

10 Report Annual ST Ru T SES Ou H ISTORIC H 11 > >

79

control was obtained or until the date control ceased. control date the until or obtained was control NSW Total State Sector Accounts. Sector State Total NSW

results have been included/excluded from the date date the from included/excluded been have results the of part as consolidated is It 2011. August 29

Consolidated Entity during the year, their operating operating their year, the during Entity Consolidated on Trustees of Board the by issue for authorised

Where controlled entities have entered or left the the left or entered have entities controlled Where were statements financial consolidated The

Parent Entity. Parent under the care, custody and control of the HHT. the of control and custody care, the under

the by applied policies those with consistencies museums the of development and advancement

entities have been changed where necessary to ensure ensure to necessary where changed been have entities promotion, the for established was Wales South New

on consolidation. Accounting policies of controlled controlled of policies Accounting consolidation. on of Trust Houses Historic the for Foundation The

unrealised profits or losses, have been eliminated eliminated been have losses, or profits unrealised

New South Wales South New

entities in the Consolidated Entity, including any any including Entity, Consolidated the in entities

of Trust Houses Historic the for Foundation iv)

All intercompany balances and transactions between between transactions and balances intercompany All

no financial transactions for the year. the for transactions financial no

All controlled entities have a June financial year-end. year-end. financial June a have entities controlled All

were There right. own its in traded never has and

policies, so as to obtain benefits from its activities. its from benefits obtain to as so policies, for the Historic Houses Trust of New South Wales South New of Trust Houses Historic the for

has the power to control the financial and operating operating and financial the control to power the has Foundation the to Trustee as act to purpose sole

A controlled entity is any entity over which the Trust Trust the which over entity any is entity controlled A the for established was Limited Wales South New

of Trust Houses Historic the for Foundation The Principles of consolidation of Principles c)

New South Wales Limited Wales South New

authorisation of the financial statements. financial the of authorisation

Foundation for the Historic Houses Trust of of Trust Houses Historic the for Foundation iii)

that would have a material impact on the date of of date the on impact material a have would that

during the year ended 30 June 2010. June 30 ended year the during

The HHT has adopted all accounting standards standards accounting all adopted has HHT The

revalued were These House. Hill Rouse about

the operational requirement of the HHT HHT the of requirement operational the

and in items collection holds and 1994 October 27

Accounting Standards issued but not yet effective to to effective yet not but issued Standards Accounting

on established was Trust Hill Rouse Hamilton The

dollars and are expressed in Australian currency. Australian in expressed are and dollars The Hamilton Rouse Hill Trust Hill Rouse Hamilton The ii)

All amounts are rounded to the nearest one thousand one nearest the to rounded are amounts All

financial year. financial

the financial statements. financial the this in transactions financial no were There share.

by management are disclosed in the relevant notes to to notes relevant the in disclosed are management by other the holds HHT the of Director as capacity

Judgments, key assumptions and estimations made made estimations and assumptions key Judgments, her in Clark Kate and share one holds HHT The

shares. paid fully $1 two issued has company The with the historical cost convention. cost historical the with

financial statement items are prepared in accordance accordance in prepared are items statement financial in its own right. own its in

carrying amount and fair value less costs to sell. Other Other sell. to costs less value fair and amount carrying traded never has it and Trust Hill Rouse Hamilton

assets held for resale are measured at the lower of of lower the at measured are resale for held assets the of Trustee the as act to is Ltd Pty Collection

financial assets are measured at fair value. Non-current value. fair at measured are assets financial Hamilton Hill Rouse the of purpose sole The

Property, plant and equipment, collection assets and assets collection equipment, and plant Property, The Rouse Hill Hamilton Collection Pty Ltd Pty Collection Hamilton Hill Rouse The i)

consistently applied, unless otherwise stated. otherwise unless applied, consistently The controlled entities are: entities controlled The

guidelines and accounting policies have been been have policies accounting and guidelines entity. parent individual an as HHT the and

preparation of the financial statements. The Treasury The statements. financial the of preparation The financial statements cover the Consolidated Entity Entity Consolidated the cover statements financial The

policies adopted by the Consolidated Entity in the in Entity Consolidated the by adopted policies GST. for registered is and Act the under museum

The following is a summary of the material accounting material the of summary a is following The . The HHT is registered as a public public a as registered is HHT The . 1997 Act Assessment

Income Tax Tax Income the of 30-D Subdivision and 30-15 Regulation 2010. 2010. Regulation

Recipient under items 1 and 4 of the table in Section Section in table the of 4 and 1 items under Recipient

Audit and Finance Public the of requirements the >

units. The HHT is endorsed as a Deductible Gift Gift Deductible a as endorsed is HHT The units. ; 1983 Act Audit

principal objective) and it has no cash-generating cash-generating no has it and objective) principal

and Finance Public the of requirements the >

The Trust is a non-profit entity (as profit is not its its not is profit (as entity non-profit a is Trust The

Accounting Interpretations); Accounting

statutory body of the New South Wales Government. Government. Wales South New the of body statutory

Accounting Standards (which include Australian include (which Standards Accounting

as a reporting entity, is a non-budget dependent dependent non-budget a is entity, reporting a as

applicable Treasury guidelines and Australian and guidelines Treasury applicable >

The Historic Houses Trust of New South Wales (HHT), (HHT), Wales South New of Trust Houses Historic The

accordance with: accordance

eporting entity eporting r a)

financial statements, which were prepared in in prepared were which statements, financial

The Trust’s financial statements are general purpose purpose general are statements financial Trust’s The OLICIES P

NTING u CCO A IGNIFICANT S OF y MMAR Su 1 asis of preparation of asis b b)

FOR THE YEAR ENDED 30 JUNE 2 JUNE 30 ENDED YEAR THE FOR 011

Notes to and forming part of the financial statements financial the of part forming and to Notes

10 Report Annual ST Ru T SES Ou H ISTORIC H Financial statements Financial | 11 > >

80

and Assistance Government of Disclosure

and Grants Government for Accounting 120

AASB with accordance in treated is income

the restricted, deemed is received income recognised.

grant Where cash. of receipt on donations, been have relate they which to services

of case the in and, met been have receipt personnel the where expenses and liabilities

the to relating obligations the when obtained as recognised are Cabinet, and Premier of

normally is contributions and grants over Control Department by services personnel of provision

contributions. and grants the comprising assets the to consequential are which tax, benefits

the over control obtains Trust the when income as fringe and premiums insurance compensation

recognised generally are They (DASR). Recreation workers tax, payroll of amounts outstanding The

and Sports Arts, of Department as known

the benefits accrued in the future. the in accrued benefits the

formerly (CNSW), NSW Communities from grants

than greater be will future the in taken leave sick

and donations include contributions and Grants that probable considered not is it as liability, a to

Grants and contributions and Grants v) rise give not does leave sick non-vesting nused u

established. established. term annual leave. annual term

is payment receive to right Trust’s the long- discount to used are bonds government

when 118 AASB with accordance in recognised on yields Market . Benefits Employee 119 AASB

are distributions Hour-Glass TCorp . Measurement with accordance in value present at measured

and Recognition : Instruments Financial is months 12 within taken be to expected

139 AASB in out set as method interest effective iii) not is that leave annual long-term applicable, If

the using recognised is income Interest

the liabilities are settled. are liabilities the

Investment income Investment iv)

when paid be to expected amounts the on based

. Revenue 118 AASB with accordance in provided amounts undiscounted at date reporting the to up

is service the when recognised is Revenue services employees’ of respect in measured and

recognised are date reporting the of months 12 Rendering of services of Rendering iii)

within wholly due fall that leave sick paid and

risks and rewards of ownership of the assets. the of ownership of rewards and risks

leave annual benefits), non-monetary (including

significant the transfers Trust the when revenue

wages and Salaries DPC. provider service the to

as recognised is goods of sale the from Revenue

liabilities as stated are services personnel for

Sale of goods of Sale ii)

liabilities DPC, the with u MO 2011 the on Based

normally obtained upon the receipt of cash. of receipt the upon obtained normally

leave, sick leave and on-costs and leave sick leave,

is contributions and appropriations over Control

annual wages, and salaries – services Personnel ii)

appropriations/contributions. the comprising

statements. statements.

assets the over control obtains Trust the when

financial these in costs Services’ ‘Personnel

income as recognised generally are donations)

as classified are and ABN, and name DPC

and grants (including bodies other from

to personnel and related obligations are in the the in are obligations related and personnel to

contributions and appropriations Parliamentary

of Environment and Heritage. All payments payments All Heritage. and Environment of

Parliamentary appropriations and contributions and appropriations Parliamentary i)

of Premier and Cabinet (DPC) through the Office Office the through (DPC) Cabinet and Premier of

discussed below: discussed

considered employees of the Department Department the of employees considered

are income of recognition the for policies

were staff HHT 2011, April 4 From HHT. the

Additional comments regarding the accounting accounting the regarding comments Additional

at working staff of payment and employment

consideration or contribution received or receivable. receivable. or received contribution or consideration

for arrangements the out sets which 2006,

Income is measured at the fair value of the the of value fair the at measured is Income

July 1 from effective ) u (MO nderstanding u of

ncome recognition ncome i e)

The HHT and CNSW entered into a Memorandum a into entered CNSW and HHT The

Personnel services arrangements services Personnel i)

Accounting Interpretations. Accounting

Personnel services and other provisions other and services Personnel f) Accounting Standards, which include Australian Australian include which Standards, Accounting

statements and notes comply with Australian Australian with comply notes and statements

the applicable expenditure. applicable the

The Consolidated and Parent Entity financial financial Entity Parent and Consolidated The

to match the recognition of the grant income with income grant the of recognition the match to

tatement of compliance of tatement s d) International Financial Reporting Standards (IFRS) Standards Reporting Financial International

STATEMENTS FINANCIAL THE OF PART FORMING AND TO NOTES FOR THE YEAR ENDED 3 ENDED YEAR THE FOR 011 2 JUNE 0

10 Report Annual ST Ru T SES Ou H ISTORIC H 11 > >

81

feasible no are there where basis, existing-use an

on measured is equipment and plant Property, cash flows. cash

Australian Taxation Office is classified as operating as classified is Office Taxation Australian . Equipment and Plant

activities which is recoverable or payable to the to payable or recoverable is which activities Property, 116 AASB with accordance in value fair

the cash flows arising from investing and financing and investing from arising flows cash the Guidelines Paper (TPP07-1). This policy adopts adopts policy This (TPP07-1). Paper Guidelines

on a gross basis. However, the GST component of component GST the However, basis. gross a on and Policy Value’ Fair at Assets Non-Current

Cash flows are included in the statement of cash flows cash of statement the in included are flows Cash Physical of ‘Valuation the with accordance

in valued are assets non-current Physical amount of GST included. GST of amount

the with stated are payables and receivables > Revaluation of property, plant and equipment and plant property, of Revaluation iv)

of an item of expense; and expense; of item an of $5000) are capitalised. are $5000)

part as or asset an of acquisition of cost the of than more costing network a of part forming

part as recognised is Office Taxation Australian (or individually above and $5000 costing assets

the from recoverable not is that purchaser intangible and equipment, and plant Property,

the amount of GST incurred by the Trust as a as Trust the by incurred GST of amount the > Capitalisation thresholds Capitalisation iii)

the amount of GST, except where: except GST, of amount the discounted at an asset-specific rate. asset-specific an at discounted

Income, expenses and assets are recognised net of net recognised are assets and expenses Income, effectively is amount payment deferred the is, that

equivalent, price cash the is cost its terms, credit gst) ( ax t ervices s and oods g the for ccounting a h)

normal beyond deferred is asset an for payment

on past claim experience as well as the value insured. value the as well as experience claim past on Where transaction. arms-length an in parties

(premium) is determined by the fund manager based based manager fund the by determined is (premium) willing knowledgeable, between exchanged be

insurance for government agencies. The expense The agencies. government for insurance could asset an which for amount the is value Fair

the NSW Treasury Managed Fund Scheme of self- of Scheme Fund Managed Treasury NSW the

the period. the

The Trust’s insurance activities are conducted through conducted are activities insurance Trust’s The

for revenues and assets as account to brought

nsurance i g) and acquisition of date the at value fair their at

recognised initially are consideration, nominal for

employees’ superannuation contributions. superannuation employees’

or cost, no at acquired works or artworks or Gifts

the expense is calculated as a multiple of the of multiple a as calculated is expense the

Accounting Standards. Accounting Scheme), Superannuation Authorities State and

Australian other of requirements specific the Scheme Superannuation State is, (that schemes

asset when initially recognised in accordance with accordance in recognised initially when asset superannuation other For salary. employees’ the

where applicable, the amount attributed to that to attributed amount the applicable, where of percentage a as calculated is Super) State First

or, construction or acquisition its of time the at and Benefit Basic is, (that schemes superannuation

the other consideration given to acquire the asset the acquire to given consideration other the certain for expense The Superannuation’. for

cash or cash equivalents paid or the fair value of value fair the or paid equivalents cash or cash ‘Accounting TC11/04 Circular Treasury in specified

controlled by the Trust. Cost is the amount of of amount the is Cost Trust. the by controlled formulae the using by determined is year

assets of acquisitions all of recording initial The superannuation expense for the financial the for expense superannuation The

the for used is accounting of method cost The

approximate present value. present approximate

Acquisition of assets of Acquisition ii)

to review actuarial an on based determined were

‘Current assets’. assets’. ‘Current factors These pay. of rates current using service,

under position financial of statement the of years more or five with employees to Treasury,

in disclosed and sale’ for held assets current NSW by specified factors, certain of application

‘Non- as classified be to sale of expectations the on based is This 119. AASB with accordance in

reasonable with marketed actively being and value present at measured is leave service Long

are available for sale in their existing condition existing their in sale for available are

services. services.

position. AASB 5 requires long-term assets that assets long-term requires 5 AASB position.

statements to reflect this provision of personnel of provision this reflect to statements

separately disclosed in the statement of financial of statement the in disclosed separately

the equivalent expense and income in its financial its in income and expense equivalent the

have been have Operations Discontinued and Sale for

Crown entity. Consequently the Trust accounts Trust the Consequently entity. Crown

Non-current Assets Held Assets Non-current 5 AASB of criteria the

the by assumed are superannuation benefit

Non-current assets held for resale and that meet that and resale for held assets Non-current

liabilities for long service leave and defined and leave service long for liabilities

Non-current assets held for sale for held assets Non-current i)

In the financial statements of the DPC the DPC the of statements financial the In

Long service leave and superannuation and leave service Long iv) ssets a i)

STATEMENTS FINANCIAL THE OF PART FORMING AND TO NOTES FOR THE YEAR ENDED 3 ENDED YEAR THE FOR 011 2 JUNE 0

10 Report Annual ST Ru T SES Ou H ISTORIC H Financial statements Financial | 11 > >

82

heritage buildings. Depreciation for those items those for Depreciation buildings. heritage increments revaluation entity, non-profit a As

including original artworks and collections, and collections, and artworks original including reserve. revaluation asset the to directly

assets have an extremely long useful life, life, useful long extremely an have assets debited are they assets, of class same the of

heritage Certain asset. depreciable a not is Land respect in reserve revaluation asset the in exists

balance credit a that extent the to that, except are depreciated over their shorter useful lives. useful shorter their over depreciated are

surplus/deficit, the in expenses as immediately assets component identifiable separately material

recognised are decrements Revaluation All Trust. the to life useful its over consumed

is it as asset each of amount depreciable immediately as revenue in the surplus/deficit. the in revenue as immediately

the off write to as so assets depreciable recognised is increment the surplus/deficit,

all for basis straight-line a on for provided is the in expense an as recognised previously

depreciation assets, heritage for Except asset of class that of respect in decrement

Depreciation of property, plant and equipment and plant property, of Depreciation viii) revaluation a reverses increment an that extent

the to that, except reserve, revaluation asset the position.

to directly credited are increments Revaluation financial of statement the in recognised those

than other assets any hold not does Trust The revaluation increments or decrements. or increments revaluation

Assets not able to be reliably measured reliably be to able not Assets vii) the by decreased or increased then are accounts

accounts to which they relate. The net asset net The relate. they which to accounts

definition of an asset. asset. an of definition

of those assets are credited to the asset the to credited are assets those of

historical cost and no longer satisfies the satisfies longer no and cost historical

respect in date revaluation the at depreciation

economic benefit drops below depreciated below drops benefit economic

accumulated of balances any assets, other For

future years and write off assets when the future the when assets off write and years future

accumulated depreciation are separately restated. separately are depreciation accumulated choice was made to establish a precedent for precedent a establish to made was choice

related the and amount gross the assets), comprehensive income. An accounting policy accounting An income. comprehensive

the of condition present the reflect to (adjusted recognition is recognised in the statement of statement the in recognised is recognition

revalued being those than newer assets for initial since value in decline total the and loss

prices current to reference by assets non-current write-down in HHT’s accounts. The impairment The accounts. HHT’s in write-down

revaluing When value. fair for surrogate a as debiting an expense which would create a create would which expense an debiting

cost, historical depreciated at measured are reducing the book value of the asset and asset the of value book the reducing

lives useful short with assets Non-specialised its fair value. The impairment is recorded by by recorded is impairment The value. fair its

of measure some exceeds value book its when Property Management Authority. Management Property

sale’ for ‘available for cost below declines value assessments completed by the Land and Land the by completed assessments

fair impaired, be to considered are assets Where independent on based were and 12 Note

Disposal of assets assets of Disposal vi)

at shown are revaluations last the of Details

date. reporting at value fair its from materially regarded as immaterial. as regarded

differ not does class the in asset each of amount are costs Selling material. are costs selling if

carrying the that ensure to regularity sufficient arise only can impairment value, fair at measured

with or years five every least at equipment and already asset an for that, means This cost.

plant property, of class each revalues Trust The replacement depreciated and sell to costs less

value fair of higher the to test amount recoverable replacement cost. cost. replacement

the modifies 136 AASB because is This testing. depreciated is which of indicator best

and impairment impairment and Assets of Impairment 136 AASB the price, market-buying its at measured is

from exempted effectively is Trust the units, value fair asset’s the evidence, market available

cash-generating no with entity non-profit a As no is there Where assets. similar or same the for

Impairment of property, plant and equipment and plant property, of Impairment v) prices selling market current including evidence,

determined based on the best available market available best the on based determined

accumulated funds. accumulated

Fair value of property, plant and equipment is equipment and plant property, of value Fair

respect of that asset is transferred to transferred is asset that of respect

valued at their highest and best use. best and highest their at valued remaining in the asset revaluation reserve in reserve revaluation asset the in remaining

there are feasible alternative uses, assets are are assets uses, alternative feasible are there been revalued is disposed of, any balance any of, disposed is revalued been

However, in the limited circumstances where where circumstances limited the in However, otherwise. Where an asset that has previously has that asset an Where otherwise.

financial and sociopolitical environment. sociopolitical and financial

within a class of non-current assets, but not but assets, non-current of class a within

alternative uses in the existing natural, legal, natural, existing the in uses alternative

and decrements are offset against one another one against offset are decrements and

STATEMENTS FINANCIAL THE OF PART FORMING AND TO NOTES FOR THE YEAR ENDED 3 ENDED YEAR THE FOR 011 2 JUNE 0

10 Report Annual ST Ru T SES Ou H ISTORIC H 11 > >

83

in which they are incurred. are they which in

periods the in statement income the to charged

are payments lease Operating expense. interest

the and component principal the between

allocated are payments Lease amount. same

the at established is liability corresponding The

term. lease the of commencement the at value fair

derivatives.

its at recognised is asset the lease, finance a of

financial use not does and purposes speculative

means by acquired is asset non-current a Where

for instruments financial trade or into enter not

benefits. and risks such all retains effectively

does Trust The operations. its finance to required

lessor the which under leases, operating and

are and operations Trust’s the from directly arise

assets, leased the of ownership to incidental

instruments financial These below. outlined are

benefits and risks the all substantially lessee

policies instruments financial principal Trust’s The

the to lessor the from transfer effectively which

Financial instruments Financial xiv)

leases, finance between made is distinction A

consideration. consideration.

Leased assets Leased x)

nominal for or cost no at acquired inventories

are capitalised and depreciated. and capitalised are

any have not does Trust The amount. carrying the

costs the case which in asset, an of component

than lower is that cost replacement current a of

or part a of replacement the to relate they

existence the on based measured and identified

where except incurred, as expenses as charged

is potential service of loss A potential. service

are maintenance or costs servicing Day-to-day

of loss any for applicable, when adjusted cost,

Maintenance ix) at stated are distribution for held Inventories

and residual values. residual and Inventories xiii)

to ensure they reflect the assets’ current useful life useful current assets’ the reflect they ensure to

recognised as an impairment loss. loss. impairment an as recognised

annually reviewed are lives useful estimated The

is reduction the and amount recoverable

to reduced is amount carrying the amount,

carrying its than less is amount recoverable 10 years 10 plant Mobile

the If exists. impairment of indicator an

7 years 7 equipment and tools Miscellaneous

where impairment for tested are assets Intangible

10 years 10 fittings Office

period of four years. four of period

5 years 5 installations Telephone a over method straight-line the using amortised

are (software) assets intangible Trust’s The

7 years 7 equipment Radiocommunications

less any accumulated amortisation. accumulated any less

7 years years 7 equipment Electronic

cost at carried are assets the assets, intangible

office equipment office Trust’s the for market active no is there As market.

years 7 electronic and Mechanical active an is there if only value fair at measured

subsequently are assets Intangible finite. be to and major software major and

assessed are assets intangible of lives useful The years 4 equipment Computer

date of acquisition. acquisition. of date

40–50 years 40–50 buildings Non-heritage

the at as value fair its is cost the cost, nominal or

useful life life useful no at acquired is asset an Where cost. at initially

Estimated category Major measured are assets Intangible measured. reliably

be can asset the of cost the and Trust the to

are:

probable that future economic benefits will flow will benefits economic future that probable

useful life of items under nine major categories major nine under items of life useful

The Trust recognises intangible assets only if it is it if only assets intangible recognises Trust The

these assets is reviewed annually. The estimated The annually. reviewed is assets these

Intangible assets Intangible xii)

The decision not to recognise depreciation for depreciation recognise to not decision The

‘Lessor classification of long-term land leases’. leases’. land long-term of classification ‘Lessor In these cases, depreciation is not recognised. not is depreciation cases, these In

in accordance with NSW Treasury Circular 11-01 Circular Treasury NSW with accordance in

end of the useful life cannot be reliably measured. reliably be cannot life useful the of end

Long-term leases are deemed to be finance leases finance be to deemed are leases Long-term

life and the net amount to be recovered at the at recovered be to amount net the and life

Long-term lease Long-term xi) cannot be reliably measured because the useful the because measured reliably be cannot

STATEMENTS FINANCIAL THE OF PART FORMING AND TO NOTES FOR THE YEAR ENDED 3 ENDED YEAR THE FOR 011 2 JUNE 0

10 Report Annual ST Ru T SES Ou H ISTORIC H Financial statements Financial | 11 > >

84

maintenance works over the next three years with an an with years three next the over works maintenance months 12 within wholly due fall that leave sick

will need to undertake major periodic periodic major undertake to need will Trust the that paid and leave annual benefits), non-monetary

management practice. An initial assessment indicates indicates assessment initial An practice. management (including wages and salaries for Liabilities

and non-heritage, in order to apply best asset asset best apply to order in non-heritage, and and on-costs and

assessment review of all its assets, both heritage heritage both assets, its all of review assessment leave sick leave, annual wages, and a.Salaries

The Trust is currently undertaking a condition condition a undertaking currently is Trust The Employee benefits and other provisions other and benefits Employee ii)

these sites to preserve them for future generations. generations. future for them preserve to sites these

where the effect of discounting is immaterial. immaterial. is discounting of effect the where

The Trust is committed to the conservation of of conservation the to committed is Trust The

amount invoice original the at measured are rate

. . 1980 Act Houses Historic the under places historic

interest stated no with payables Short-term value.

management of of management and conservation of obligations

face or cost transaction the on based usually

in excess of $275 million to achieve our statutory statutory our achieve to million $275 of excess in

value, fair at initially recognised are Payables

The HHT maintains heritage properties with a value value a with properties heritage maintains HHT The

amounts. other and Trust the to provided services

Contingent liabilities Contingent k)

and goods for liabilities represent amounts These

Payables i)

review to approximate present value. present approximate to review

iabilities l j)

actuarial an on based determined were factors

These pay. of rates current using service, of years

each financial year end. year financial each

more or five with employees to 09/04) NSWTC

allowed and appropriate, re-evaluates this at at this re-evaluates appropriate, and allowed

in (specified factors certain of application the on

when and, recognition initial after assets

based is This 119. AASB with accordance in value

financial its of classification the determines Trust

present at measured is leave service Long

The costs. transaction loss, or profit through

provided free of charge by CNSW and the DPC’. the and CNSW by charge of free provided value fair at not investments of case the in plus,

liabilities and benefits service ‘Personnel value fair at recognised initially are Investments

as described item revenue non-monetary the

xvii)Investments

of part as shown being assumed amount the in

approximates fair value. fair approximates

resulting extinguished, been having as liability

amount carrying The debtors. trade on earned is

the for accounts Trust The entity. Crown the by

interest No impairment). for allowance any of (net

assumed are superannuation benefit defined

amount carrying the is risk credit The immaterial.

The Trust’s liabilities for long service leave and leave service long for liabilities Trust’s The

is discounting of effect the where amount

b.Long service leave and superannuation and leave service b.Long

invoice original the at measured are rate interest

they relate have been recognised. been have relate they stated no with receivables Short-term process.

which to benefits employee the where expenses amortisation the through or derecognised

and liabilities as recognised are employment, to impaired, when income comprehensive of

consequential are which tax, benefits fringe and statement the in for accounted are changes Any

premiums insurance compensation workers off. written are uncollectable be to known

tax, payroll of amounts outstanding The are that Debts basis. ongoing an on reviewed

is debtors trade of Collectability receivables. future.

of impairment any for allowance an less method, the in accrued benefits the than greater be

interest effective the using cost amortised will future the in taken leave sick that probable

at is measurement Subsequent value. face considered not is it as liability, a to rise

or cost transaction the on based usually value, give not does leave sick non-vesting nused u

fair at initially recognised are assets financial

. . Benefits Employee

These market. active an in quoted not are

119 AASB with accordance in value present

assets with fixed or determinable payments that payments determinable or fixed with assets

be taken within 12 months is measured at measured is months 12 within taken be

Loans and receivables are non-derivative financial non-derivative are receivables and Loans

Long-term annual leave that is not expected to expected not is that leave annual Long-term

Loans and receivables and Loans xvi)

when the liabilities are settled. are liabilities the when

monthly at the normal commercial rate. commercial normal the at monthly based on the amounts expected to be paid be to expected amounts the on based

Interest is earned on daily bank balances and paid and balances bank daily on earned is Interest

to the reporting date at undiscounted amounts undiscounted at date reporting the to

Cash comprises cash on hand and bank balances. balances. bank and hand on cash comprises Cash

measured in respect of employees’ service up service employees’ of respect in measured

Cash and cash equivalents cash and Cash xv)

of the reporting date are recognised and recognised are date reporting the of

STATEMENTS FINANCIAL THE OF PART FORMING AND TO NOTES FOR THE YEAR ENDED 3 ENDED YEAR THE FOR 011 2 JUNE 0

10 Report Annual ST Ru T SES Ou H ISTORIC H 11 > >

85

statements.

period for all amounts reported in the financial financial the in reported amounts all for period

information is disclosed in respect of the previous previous the of respect in disclosed is information

permits or requires otherwise, comparative comparative otherwise, requires or permits

Except when an Australian Accounting Standard Standard Accounting Australian an when Except

Comparative information Comparative p)

equivalent revenue entry. revenue equivalent

to reflect activities at the Trust and is offset by an by offset is and Trust the at activities reflect to

at no charge, an expense is recorded in the accounts the in recorded is expense an charge, no at

Trust the to made are contributions material Where

ervices provided at no cost no at provided ervices s o)

deductible recipient status. recipient deductible

The Trust is registered for GST purposes and has gift has and purposes GST for registered is Trust The

The activities of the Trust are exempt of income tax. income of exempt are Trust the of activities The

axation status axation t n)

existing at the end of the period. the of end the at existing

are no material contracts involving Trustees’ interests interests Trustees’ involving contracts material no are

the end of the previous financial period and there there and period financial previous the of end the

contract with the HHT or the Consolidated Entity since since Entity Consolidated the or HHT the with contract

No Trustee of the HHT has entered into a material material a into entered has HHT the of Trustee No

rustee benefits rustee t m)

future years. future

in expenditure appropriate for forward carried

Any revenues unspent in the current year have been been have year current the in unspent revenues Any

expenditure in the current year and future years. years. future and year current the in expenditure

as revenues. These revenues are provided for for provided are revenues These revenues. as

contributions received for the year has been stated stated been has year the for received contributions

subject to restrictions. The aggregate of these these of aggregate The restrictions. to subject

The Trust receives monies and gifts of property property of gifts and monies receives Trust The

pecial funds pecial s l)

2011–12 financial year. year. financial 2011–12

of our current funded facilities of $231,000 for the the for $231,000 of facilities funded current our of

initial cost estimate of $5.4 million. This is in excess excess in is This million. $5.4 of estimate cost initial

STATEMENTS FINANCIAL THE OF PART FORMING AND TO NOTES FOR THE YEAR ENDED 3 ENDED YEAR THE FOR 011 2 JUNE 0

10 Report Annual ST Ru T SES Ou H ISTORIC H Financial statements Financial | 11 > >

86

1,267 523 1,267 523

52 52 43 52 43 Intangibles

360 360 221 360 221 equipment and Plant

855 855 259 855 259 Buildings

epreciation and amortisation expenses amortisation and epreciation d c)

8,828 11,664 9,007 11,865

– 574 – 574 12(a) assets non-current of Write-down

137 1,975 137 1,975 20 charge of free provided Services

3 3 8 65 83 65 accommodation and Travel

217 217 186 217 186 Telecommunications

414 414 550 414 550 maintenance IT and tores S

84 84 72 84 72 Rates

388 388 349 388 349 programs Public

112 112 131 112 131 Printing

51 51 58 51 58 Postage

455 455 576 626 741 expenses Other

201 201 204 201 204 expense rental lease Operating

152 152 180 152 180 costs running vehicle Motor

529 529 489 529 516 promotion and Marketing

42 42 31 42 31 contracts Maintenance

1,917 1,917 2,197 1,917 2,197 Maintenance

218 218 207 218 207 Insurance

527 527 521 527 521 electricity and Gas

471 471 239 471 239 rendered services for Fees

costs related and fees Exhibition 475 475 701 475 701

47 47 40 47 40 expenses catering and Entertainment

sales of Cost 529 529 529 529 529

514 514 471 512 471 staff Contract

652 690 652 690 cleaning Contract

66 46 66 46 subscriptions and publications Books,

– – – – – debts Bad

84 84 62 92 71 remuneration Auditors

463 463 521 463 521 publicity and Advertising

ther operating expenses operating ther o b)

16,901 16,901 18,317 16,901 18,317

– – 890 – 890 payments termination Redundancy

tax benefits fringe and tax Payroll 921 956 921 956

plan benefit defined – superannuation on tax Payroll 5 4 5 4

200 221 200 221 insurance compensation Workers

leave service Long 234 105 234 105

1,156 1,217 1,156 1,217 plans contribution defined – Superannuation

84 78 84 78 plans benefit defined – Superannuation

14,301 14,846 14,301 14,846 leave) recreation (including services Personnel

Personnel service expenses service Personnel a)

OSSES L DING u CL Ex PENSES Ex 2

$’000 $’000 $’000 $’000

2010 2011 2010 2011

Entity Consolidated Notes Parent Entity Parent

STATEMENTS FINANCIAL THE OF PART FORMING AND TO NOTES FOR THE YEAR ENDED 3 ENDED YEAR THE FOR 011 2 JUNE 0

10 Report Annual ST Ru T SES Ou H ISTORIC H 11 > >

87

28,437 28,437 31,190 28,619 31,457 REVENUE RECURRENT TOTAL

239 183 254 206

239 183 254 206 income Other

income ther o d)

22,342 22,342 24,590 22,430 24,685

886 886 3,284 974 3,379

– – 1,809 – 1,809 20 charge of free provided services Other

1 1 59 1 59 20 & 12(a) kind in – Donations

137 137 166 137 166 20 kind in – Sponsorship

352 352 962 352 962 other – Grants

90 90 67 142 126 cash – Sponsorship

306 306 221 342 257 cash – Donations

individuals and institutions other From

21,456 21,306 21,456 21,306

323 187 323 187 5 DPC and CNSW by charge of free provided

Personnel service benefits and liabilities liabilities and benefits service Personnel

2,047 1,817 2,047 1,817 grants Capital

19,086 19,302 19,086 19,302 grants Recurrent

PC: d and W ns C From

contributions and rants g c)

512 428 591 577

27 42 31 42 investments Other

485 386 560 535 facilities investment Hour-Glass TCorp

income nvestment i b)

5,344 5,989 5,344 5,989

4,314 4,952 4,314 4,952

70 117 70 117 photography and Filming

activities commercial – Rental 697 843 697 843

1,180 1,317 1,180 1,317 catering and hire Venue

openings and activities Special 894 1,015 894 1,015

1,473 1,660 1,473 1,660 fees Admission

Rendering of services of Rendering

1,030 1,037 1,030 1,037

1,030 1,037 1,030 1,037 sales publication and book Merchandise,

Sale of goods of Sale

services and goods of sale a)

uE EVEN R 3

$’000 $’000 $’000 $’000

2010 2011 2010 2011

Entity Consolidated Notes Parent Entity Parent

STATEMENTS FINANCIAL THE OF PART FORMING AND TO NOTES FOR THE YEAR ENDED 3 ENDED YEAR THE FOR 011 2 JUNE 0

10 Report Annual ST Ru T SES Ou H ISTORIC H Financial statements Financial | 11 > >

88

financial year to the statement of cash flows as above. as flows cash of statement the to year financial

deposits. Cash- and cash-equivalent assets recognised in the statement of financial position are reconciled at the end of the the of end the at reconciled are position financial of statement the in recognised assets cash-equivalent and Cash- deposits.

For the purpose of the statement of cash flows, cash and cash equivalents include cash at bank, cash on hand and short-term short-term and hand on cash bank, at cash include equivalents cash and cash flows, cash of statement the of purpose the For

1,484 1,484 1,914 4,361 3,964 flows) cash of statement (per

equivalents cash and cash Closing

1,484 1,484 1,914 4,361 3,964 sheet) balance (per equivalents cash and Cash

1,484 1,914 4,361 3,964

– – 1,029 – deposits term – investments Other

1,224 1,224 1,684 2,969 3,700 facilities cash Hour-Glass TCorp

260 260 230 363 264 hand on and bank at Cash

quIVALENTS E ASH C AND ASH C –

ASSETS RRENT u C 6

expenses operating Other 323 187 323 187

borrowings and Debt – – – – –

5 4 5 4 tax Payroll

leave service Long 234 105 234 105

84 78 84 78 benefit) (defined Superannuation

IABILITIES L THER O AND BENEFITS EE y MPLO E

OF y NTIT E ROWN C THE By CCEPTANCE A 5

disposal on (loss) Net (49) (50) (49) (50)

277 3 277 3

277 3 277 3 gains/(losses) Other

sale for held Assets – – – –

– – – – revaluation property Investment

– – – – revalution equipment and plant Property,

gains/(losses) ther o

(326) (53) (326) (53)

Property, plant and equipment and plant Property,

(326) (53) (326) (53)

DISPOSAL ON ) LOSS /( GAIN 4

$’000 $’000 $’000 $’000

2010 2011 2010 2011

Entity Consolidated Notes Parent Entity Parent

STATEMENTS FINANCIAL THE OF PART FORMING AND TO NOTES FOR THE YEAR ENDED 3 ENDED YEAR THE FOR 011 2 JUNE 0

10 Report Annual ST Ru T SES Ou H ISTORIC H 11 > >

89

5,433 3,781 5,433 4,656

– – – – – deposits term other – Non-current

5,433 5,433 3,781 5,433 4,656 deposits term other – Current

ASSETS FINANCIAL THER O –

ASSETS RRENT -Cu NON / RRENT Cu 9

787 745 787 745 cost at hand on Stock

resale for Held – – – –

INVENTORIES – ASSETS RRENT Cu 8

2011 June 30 at Balance

– – – – –

for profit or loss loss or profit for – – – – –

recognised allowance in Increase/(decrease)

Amount recovered during the year year the during recovered Amount – – – –

Amounts written off during the year year the during off written Amounts (1) (1) – (1) –

2010 July 1 at as Balance 1 1 – 1 –

Movement in the allowance for impairment for allowance the in Movement

774 774 723 783 747

69 69 48 69 48 Prepayments

307 307 241 307 246 receivables Other

117 117 49 121 68 income Accrued

281 281 385 286 385 impairment for allowance less

services and goods of Sale

RECEIVABLES – ASSETS RRENT Cu 7

$’000 $’000 $’000 $’000

2010 2011 2010 2011

Entity Consolidated Notes Parent Entity Parent

STATEMENTS FINANCIAL THE OF PART FORMING AND TO NOTES FOR THE YEAR ENDED 3 ENDED YEAR THE FOR 011 2 JUNE 0

10 Report Annual ST Ru T SES Ou H ISTORIC H Financial statements Financial | 11 > >

90

30,585 07, 3 317,828 308,493 318,736 value fair at equipment and plant property, Total

35,976 35,976 36,649 36,884 557 37, value fair at assets Collection

– – – – – impairment and depreciation Accumulated

35,976 35,976 36,649 36,884 557 37, amount carrying Gross

Collection assets Collection

533 533 592 533 592 value fair at equipment and Plant

(6,617) (2,062) (6,617) (2,062) impairment and depreciation Accumulated

7,15 0 0 7,15 2,654 0 7,15 2,654 amount carrying Gross

Plant and equipment and Plant

value fair at buildings and Land 271,076 280,587 271,076 280,587

,29) 239 7, ( (3,522) ) 239 7, ( (3,522) impairment and depreciation Accumulated

278,315 284,109 278,315 284,109 amount carrying Gross

Land and buildings and Land

each reporting period is shown below: shown is period reporting each

A reconciliation of the carrying amount of each class of property and equipment at the beginning and the ending of of ending the and beginning the at equipment and property of class each of amount carrying the of reconciliation A

a) a) IPMENT Equ AND LANT P y, ROPERT P – SSETS A RRENT -Cu ON N 12

– 1,701 – 1,701

buildings and Land – 1,701 – 1,701

ESALE R FOR ELD H SSETS A RRENT -Cu ON N 11

to be used in accordance with the deed of trust, caveats or other documents governing these funds. these governing documents other or caveats trust, of deed the with accordance in used be to

Cash and fixed assets are restricted assets to the extent that they represent bequests and donations held by the HHT HHT the by held donations and bequests represent they that extent the to assets restricted are assets fixed and Cash

6,917 6,917 5,695 9,794 8,620

5,433 5,433 3,781 5,433 4,656 assets Financial

equivalents cash and Cash 1,484 1,914 4,361 3,964

ASSETS RESTRICTED 10

$’000 $’000 $’000 $’000

2010 2011 2010 2011

Entity Consolidated Notes Parent Entity Parent

STATEMENTS FINANCIAL THE OF PART FORMING AND TO NOTES FOR THE YEAR ENDED 3 ENDED YEAR THE FOR 011 2 JUNE 0

10 Report Annual ST Ru T SES Ou H ISTORIC H 11 > >

91

30,585 07, 3 35,976 533 271,076 year of end at value Fair

58,208 758 – 57,450 decrements revaluation less increments revaluation Net

(1,215) – (360) (855) expense Depreciation

2,794 – (304) 3,098 WIP capital of Transfer

(49) (7) (42) – Disposals

1 1 – – assets Contributed

10,772 215 150 10,407 Additions

237,074 35,009 1,089 200,976 year of start at value Fair

Year ended 30 June 2010 June 30 ended Year

317,828 36,649 592 280,587 year of end at value Fair

(1,253) 577 – (1,830) decrements revaluation less increments revaluation Net

(480) – (221) (259) expense Depreciation

9,444 – – 9,444 WIP capital of Transfer

(55) (53) (2) – Disposals

2,215 59 – 2,156 (donations) assets Contributed

372 90 282 – Additions

7 585 07, 3 35,976 533 271,076 year of start at value Fair

Year ended 30 June 2011 June 30 ended Year

$’000 $’000 $’000 $’000

Entity Parent Total assets equipment buildings

Collection and Plant and Land

year of end at value Fair 308,493 308,493 36,884 533 271,076

58,208 58,208 758 – 57,450 decrements revaluation less increments revaluation Net

(1,215) – (360) (855) expense Depreciation

WIP capital of Transfer 2,794 2,794 – (304) 3,098

(49) (7) (42) – Disposals

1 1 1 – – assets Contributed

10,770 10,770 213 150 10,407 Additions

year of start at value Fair 237,98 4 4 237,98 35,919 1,089 200,976

2010 June 30 ended Year

year of end at value Fair 318,736 318,736 557 37, 592 280,587

(1,253) 577 – (1,830) decrements revaluation less increments revaluation Net

(480) – (221) (259) expense Depreciation

WIP capital of Transfer 9,444 9,444 – – 9,444

(55) (53) (2) – Disposals

2,215 2,215 59 – 2,156 (donations) assets Contributed

Additions 372 372 90 282 –

year of start at value Fair 308,493 308,493 36,884 533 271,076

Year ended 30 June 2011 June 30 ended Year

$’000 $’000 $’000 $’000

Consolidated Entity Entity Consolidated Total assets equipment buildings

Collection and Plant and Land

STATEMENTS FINANCIAL THE OF PART FORMING AND TO NOTES FOR THE YEAR ENDED 3 ENDED YEAR THE FOR 011 2 JUNE 0

10 Report Annual ST Ru T SES Ou H ISTORIC H Financial statements Financial | 11 > >

92

‘Write-down of non-current assets’ in ‘Other operating expenses’. operating ‘Other in assets’ non-current of ‘Write-down

as disclosed $574,000 the of balance the up make amounts two These $50,000. of value in decrement a suffered also

as part of ‘Grants – other’ at Note 3(c). ‘Other operating expenses’ in Note 2(b) also includes one other property that has has that property other one includes also 2(b) Note in expenses’ operating ‘Other 3(c). Note at other’ – ‘Grants of part as

as a result. The property decrement is disclosed in ‘Other operating expenses’ in Note 2(b) and the compensation disclosed disclosed compensation the and 2(b) Note in expenses’ operating ‘Other in disclosed is decrement property The result. a as

$524,000. In exchange for consenting to those constraints the HHT was compensated $600,000. The HHT suffered no loss no suffered HHT The $600,000. compensated was HHT the constraints those to consenting for exchange In $524,000.

constraints on the property in keeping with its heritage charter. This resulted in a decrement to property valuation of of valuation property to decrement a in resulted This charter. heritage its with keeping in property the on constraints

One property was acquired under the EHF program for $2 million. The HHT consented to impose certain land use use land certain impose to consented HHT The million. $2 for program EHF the under acquired was property One

ATION u DEVAL y ROPERT P

restoration of these properties and their subsequent sale with heritage protection conditions. conditions. protection heritage with sale subsequent their and properties these of restoration

‘at-risk’ properties and saves them from demolition or unsympathetic development. The program provides for the selective selective the for provides program The development. unsympathetic or demolition from them saves and properties ‘at-risk’

acquired under the Endangered Houses Fund (EHF) program. Through the EHF program the HHT identifies significant significant identifies HHT the program EHF the Through program. (EHF) Fund Houses Endangered the under acquired

Land and buildings include properties and attached assets (2011: $4.975 million; 2010: $3.273 million) that have been been have that million) $3.273 2010: million; $4.975 (2011: assets attached and properties include buildings and Land

PROPERTIES ND Fu SES HOu NDANGERED E

amount amount Point Potts

5 1–3 Manning St, 30 June 2011 Net recoverable recoverable Net 2011 June 30 St, Manning 1–3 Tusculum LPMA Leased

ossFn Fund Houses cost Gilead

4 LPMA Endangered Replacement 2011 June 30 Rd, Appin 767 Beulah

Glenwood

Houses Fund Fund Houses cost Ave, Knightsbridge &

3 Exeter Farm Cnr Amberlea St 30 June 2011 2011 June 30 St Amberlea Cnr Farm Exeter LPMA Endangered Replacement

Houses Fund Fund Houses cost Moruya

2 LPMA Endangered Replacement 2011 June 30 St, Evans 29 Moruya

(LPMA)

Authority

Management Fund Houses cost Vale Moss

1 Land & Property Property & Land Endangered Replacement 2011 June 30 Rd, Park Throsby Park Throsby

30 30 June 2011 June

adopted

30 June 2011 June 30 valuer method valued location name

ccredited a use Current aluation v ate d Property Property

value as at 30 June 2011. 2011. June 30 at as value

Accredited valuers from the State Valuation Office valued the land and buildings of the following five properties at their fair fair their at properties five following the of buildings and land the valued Office Valuation State the from valuers Accredited

STATEMENTS FINANCIAL THE OF PART FORMING AND TO NOTES FOR THE YEAR ENDED 3 ENDED YEAR THE FOR 011 2 JUNE 0

10 Report Annual ST Ru T SES Ou H ISTORIC H 11 > >

93

* Endangered Houses Fund Houses Endangered *

cost Museum

17 LPMA LPMA Museum Replacement 2010 June Quay Circular St, Phillip 8 Police & Justice

evidence Casula

16 LPMA LPMA EHF* Market-based 2010 June Casula Lane, Leacocks Farm, Glenfield

Glenwood

evidence Ave, Knightsbridge

15 LPMA EHF* Market-based 2010 June and St Amberlea Cnr Farm Exeter

evidence Macquarie Lake

14 LPMA EHF* Market-based 2010 June Belmont, St, Somerset 4 hut Nissen

space office evidence

13 LPMA Commercial Market-based 2010 June Sydney St, Young 36–42 terraces Street Young

cost

12 LPMA Museum Replacement 2010 June Sydney St, Phillip 37 Sydney of Museum

space office cost Sydney

11 LPMA Museum/ Replacement 2010 June St Macquarie 10 Mint, The Office Head Mint The

cost St Macquarie

10 LPMA Museum Replacement 2010 June Square, Queens Museum Mint The

cost

9 LPMA Museum Replacement 2010 June Nowra St, West 35 Meroogal

cost Bay Elizabeth

8 LPMA Museum Replacement 2010 June Ave, Onslow 7 House Bay Elizabeth

cost Wahroonga

7 LPMA Museum Replacement 2010 June Rd, Clissold 71 House Seidler Rose

cost Hill Rouse Farm &

6 LPMA Museum Replacement 2010 June Rd, Windsor 380 House Hill Rouse

cost Mausoleum

5 LPMA Museum Replacement 2010 June Vaucluse Rd, Chapel Wentworth

cost

4 LPMA Museum Replacement 2010 June Vaucluse Rd, Wentworth House Vaucluse

cost

3 LPMA Museum Replacement 2010 June Rosehill St, Alice 70 Farm Elizabeth

cost Sydney

2 LPMA Museum Replacement 2010 June St, Macquarie House Government

Authority (LPMA) Authority

Management cost Sydney

1 Land & Property Property & Land Museum Replacement 2010 June St, Macquarie Barracks Park Hyde

30 June 2010 June 30

adopted 30 June 2011 June 30

valuer use method valued location name

ccredited a Current aluation v ate d Property Property

purpose-built with the majority used as museums. The properties which are to be sold are valued on market-based evidence. market-based on valued are sold be to are which properties The museums. as used majority the with purpose-built

The majority of the properties were valued on depreciated replacement costs, as the properties are specialised properties properties specialised are properties the as costs, replacement depreciated on valued were properties the of majority The

STATEMENTS FINANCIAL THE OF PART FORMING AND TO NOTES FOR THE YEAR ENDED 3 ENDED YEAR THE FOR 011 2 JUNE 0

10 Report Annual ST Ru T SES Ou H ISTORIC H Financial statements Financial | 11 > >

94

Various in-house valuers in-house Various 2010 June 30 collections Archaeology

Various in-house valuers in-house Various 2010 June 30 Museum Place Susannah

Various in-house valuers in-house Various 2010 June 30 Farm & House Hill Rouse

Various in-house valuers in-house Various 2010 June 30 Museum Police & Justice

Various in-house valuers in-house Various 2010 June 30 Sydney of Museum

Various in-house valuers in-house Various 2010 June 30 House Seidler Rose

Various valuers Various 2008 June 1 House Government

Various valuers Various 2008 June 1 Meroogal

Andrew Simpson Andrew 2007 June 1 House Vaucluse

Elizabeth Farm Farm Elizabeth Andrew Simpson Andrew 2007 June 1

Elizabeth Bay House House Bay Elizabeth Andrew Simpson Andrew 2007 June 1

ccredited valuer ccredited a valued ate d Collection

Collections to be revalued in later years (past 30 June 2011) June 30 (past years later in revalued be to Collections

These values do not differ materially from their fair values at reporting date. reporting at values fair their from materially differ not do values These

Simon Storey Valuers Storey Simon 2011 June 9 Mint The

Simon Storey Valuers Storey Simon 2011 June 9 House Government First

Hyde Park Barracks Museum Museum Barracks Park Hyde Simon Storey Valuers Storey Simon 2011 June 9

Collection Research & Library Simpson Caroline Various external valuers valuers external Various 2011 June 30

ccredited valuer ccredited a valued ate d Collection

Collections revalued at 30 June 2011 June 30 at revalued Collections

and expert in-house valuers. in-house expert and

The list below identifies individual property collections valued at 30 June 2011 and earlier, valued by accredited accredited by valued earlier, and 2011 June 30 at valued collections property individual identifies below list The ii)

which was established by the Finance and Audit Committee (now Audit and Risk Committee). Committee). Risk and Audit (now Committee Audit and Finance the by established was which

The remaining collection items were valued internally by expert curatorial staff of the Valuations Committee, Committee, Valuations the of staff curatorial expert by internally valued were items collection remaining The

The major collection items at each property have been valued by accredited valuers at their fair value. value. fair their at valuers accredited by valued been have property each at items collection major The i)

STATEMENTS FINANCIAL THE OF PART FORMING AND TO NOTES FOR THE YEAR ENDED 3 ENDED YEAR THE FOR 011 2 JUNE 0

10 Report Annual ST Ru T SES Ou H ISTORIC H 11 > >

95

12 12 12 12 on-costs leave service Long

costs related and benefits Employee

BILITIES IA L RRENT -Cu NON 15

3,114 5,006 3,135 5,023 liabilities Total

– – – – –

– – – – – payable Loan

Borrowings

3,114 5,006 3,135 5,023

12 12 12 12 on-costs) leave service (long Non-current

3,102 4,994 3,123 5,011 Current

3,114 5,006 3,135 5,023

82 82 81 82 81 payables Sundry

245 245 245 246 on-costs leave service Long

– – 890 – 890 provisions redundancy and Termination

1,278 1,439 1,278 1,441 leave Recreation

678 1,200 678 1,199 expenses Accrued

– 234 – 234 advance in received Grants

210 179 210 179 advance in received Revenue

621 738 642 753 Creditors

Payables

IABILITIES L RRENT -Cu NON / RRENT u C 14

year of end at amount carrying Net 77 121 77 121

– – – – – movements Other

(52) (43) (52) (43) Amortisation

– – – – – Disposals

– – 87 – 87 Additions

year of start at value Fair 129 77 129 77

2010 June 30 ended Year

77 121 77 121 amount carrying Net

(578) (621) (578) (621) impairment and amortisation Accumulated

655 742 655 742 Cost

2011 June 30 At

Software

ASSETS INTANGIBLE 13

4,871 4,871 834 4,871 834

– – – – – Collections

Buildings 4,871 834 4,871 834

12 PROGRESS IN WORKS CAPITAL b)

$’000 $’000 $’000 $’000

2010 2011 2010 2011

Entity Consolidated Notes Parent Entity Parent

STATEMENTS FINANCIAL THE OF PART FORMING AND TO NOTES FOR THE YEAR ENDED 3 ENDED YEAR THE FOR 011 2 JUNE 0

10 Report Annual ST Ru T SES Ou H ISTORIC H Financial statements Financial | 11 > >

96

317,897 163,634 154,263 2010 June 30 at as Balance

58,107 58,107 – assets non-current of revaluation on Increment

1,392 – 1,392 year the for Surplus

10,533 – 10,533 transferred equity from assets net in Increase/(decrease)

4, 65 247,8 105,527 142,338 2009 July 1 at as Balance

2010 June 30 ended Year

322,641 165,459 157,182 2011 June 30 at as Balance

1,826 1,826 – assets non-current of revaluation on Increment

year the for Surplus 636 – 636

transferred equity from assets net in Increase/(decrease) 2,283 – 2,283

2010 July 1 at as Balance 317,896 163,633 154,263

Year ended 30 June 2011 June 30 ended Year

$’000 $’000 $’000

equity reserve funds Entity Parent

Total revaluation Accumulated

Asset

2010 June 30 at as Balance 321,670 163,870 0 0 157,8

assets non-current of revaluation on Increment 58,108 58,108 –

year the for Surplus 1,395 – 1,395

transferred equity from assets net in Increase/(decrease) 10,534 – 10,534

2009 July 1 at as Balance 251,633 105,762 145,871

2010 June 30 ended Year

2011 June 30 at as Balance 326,481 165,696 160,785

assets non-current of revaluation on Increment 1,826 1,826 –

transferred equity from assets net in Increase/(decrease) 2,283 – 2,283

year the for Surplus 702 – 702

321,670 163,870 0 0 157,8 2010 July 1 at as Balance

Year ended 30 June 2011 June 30 ended Year

$’000 $’000 $’000

Consolidated Entity Entity Consolidated equity reserve funds

revaluation revaluation Accumulated Total

Asset

y IT Equ IN HANGES C 16

STATEMENTS FINANCIAL THE OF PART FORMING AND TO NOTES FOR THE YEAR ENDED 3 ENDED YEAR THE FOR 011 2 JUNE 0

10 Report Annual ST Ru T SES Ou H ISTORIC H 11 > >

97

Macquarie monument of the trust of $126,000. of trust the of monument Macquarie

remainder representing a transfer of the Governor Governor the of transfer a representing remainder

Throsby Park transfer was $2.156 million with the the with million $2.156 was transfer Park Throsby

funds within the statement of changes in equity. The The equity. in changes of statement the within funds

value’ and is disclosed as an adjustment to accumulated accumulated to adjustment an as disclosed is and value’

Treasury guidelines requiring transfers of assets at ‘fair ‘fair at assets of transfers requiring guidelines Treasury

The transfer has been accounted for within the NSW NSW the within for accounted been has transfer The

the Trust’s Endangered Houses Fund (EHF) program. program. (EHF) Fund Houses Endangered Trust’s the

and Heritage (OEH). Throsby Park is now included in in included now is Park Throsby (OEH). Heritage and

transferred to the Trust by the Office of Environment Environment of Office the by Trust the to transferred

The significant heritage property Throsby Park was was Park Throsby property heritage significant The

quity transfer quity e e)

values were restated at replacement cost. replacement at restated were values

accumulated depreciation was reversed and the asset asset the and reversed was depreciation accumulated

properties and assets. As a result, $2.5 million in in million $2.5 result, a As assets. and properties

was undertaken of all heritage and heritage support support heritage and heritage all of undertaken was

In 2010–11 a review by senior asset management staff staff management asset senior by review a 2010–11 In

and periodic reviews. reviews. periodic and

procedures monitoring staff qualified appropriately

well-developed plan to achieve this objective with with objective this achieve to plan well-developed

preserve these properties’. The Trust also has a a has also Trust The properties’. these preserve

organisation has as its stated intent, ‘to hold and and hold ‘to intent, stated its as has organisation

curatorial and preservation policies. Further, the the Further, policies. preservation and curatorial

a limited useful life. They are subject to appropriate appropriate to subject are They life. useful limited a

Heritage assets controlled by the HHT do not have have not do HHT the by controlled assets Heritage

ncrement on revaluation of heritage assets assets heritage of revaluation on ncrement i d)

increment for the preceding years. preceding the for increment

financial year were $668,000 as against a $58 million million $58 a against as $668,000 were year financial

reserve for that class of asset. Net decrements this this decrements Net asset. of class that for reserve

revaluation amount is recorded in the asset revaluation revaluation asset the in recorded is amount revaluation

to the statement of comprehensive income where no no where income comprehensive of statement the to

applicable property markets. Decrements are charged charged are Decrements markets. property applicable

The decrement in valuation reflects the changes in in changes the reflects valuation in decrement The

Trust’s policy of valuing all properties on a cyclic basis. basis. cyclic a on properties all valuing of policy Trust’s

properties were revalued in accordance with the the with accordance in revalued were properties

During the financial year a number of the Trust’s Trust’s the of number a year financial the During

ecrement on revaluation of non-current assets non-current of revaluation on ecrement d c)

as discussed in Note 1(i)(iv). 1(i)(iv). Note in discussed as

equipment’ and plant property, of ‘Revaluation the on

policy Trust’s the with accords This assets. non-current

increments and decrements on the revaluation of of revaluation the on decrements and increments

The asset revaluation reserve is used to record record to used is reserve revaluation asset The

sset revaluation reserve revaluation sset a b)

reserve.

changes in equity not related to the asset revaluation revaluation asset the to related not equity in changes

record to used is account funds accumulated The

ccumulated funds ccumulated a a)

ED u CONTIN 16 NOTE

STATEMENTS FINANCIAL THE OF PART FORMING AND TO NOTES FOR THE YEAR ENDED 3 ENDED YEAR THE FOR 011 2 JUNE 0

10 Report Annual ST Ru T SES Ou H ISTORIC H Financial statements Financial | 11 > >

98

is carried out every five years. five every out carried is

by the Trust within the relevant line items. The collections were revalued during the financial year 2009–10. A revaluation revaluation A 2009–10. year financial the during revalued were collections The items. line relevant the within Trust the by

The balances for the controlled entities reported above are included in the consolidated financial statements prepared statements financial consolidated the in included are above reported entities controlled the for balances The

908 908 funds Accumulated

908 908 assets Net

– – liabilities Total

908 908 assets Total

– – year the for Surplus

– – Expenses

– – Revenues

Rouse Hill Rouse Hill Rouse

Hamilton Hamilton rust t ill h ouse r amilton h he t

Distributions to beneficiary – HHT amounted to: amounted HHT – beneficiary to Distributions 191 186

2,860 2,926 funds Accumulated

2,860 2,926 assets Net

22 18 liabilities Total

2,882 2,944 assets Total

year the for Surplus 3 66

369 387 Expenses

372 453 Revenues

Foundation Foundation

Wales South New of Trust Houses Historic the for Foundation $’000 $’000

2010 2011

2010. June in Foundation the to full in repaid was loan The Fund. Houses Endangered

free loan of $1.1 million in order to perform conservation works on Glenfield, the first property acquired by the HHT the by acquired property first the Glenfield, on works conservation perform to order in million $1.1 of loan free

The Foundation for the Historic Houses Trust of New South Wales (the Foundation ) provided the HHT with an interest an with HHT the provided ) Foundation (the Wales South New of Trust Houses Historic the for Foundation The

following The 109–25). pages (see is a summary of the statements for the financial year. financial the for statements the of summary a is

South Wales and the Hamilton Rouse Hill Trust are the only controlled entities with financial transactions this financial year financial this transactions financial with entities controlled only the are Trust Hill Rouse Hamilton the and Wales South

Separate financial statements are prepared for all controlled entities. The Foundation for the Historic Houses Trust of New of Trust Houses Historic the for Foundation The entities. controlled all for prepared are statements financial Separate

NTITIES NTITIES E ONTROLLED C 17

STATEMENTS FINANCIAL THE OF PART FORMING AND TO NOTES FOR THE YEAR ENDED 3 ENDED YEAR THE FOR 011 2 JUNE 0

10 Report Annual ST Ru T SES Ou H ISTORIC H 11 > >

99

on a cyclical basis. cyclical a on

the Trust, to set risk limits and controls, and to monitor risks. Compliance with policies is reviewed by the internal auditor internal the by reviewed is policies with Compliance risks. monitor to and controls, and limits risk set to Trust, the by

policies for managing each of these risks. Risk-management policies are established to identify and analyse the risks faced risks the analyse and identify to established are policies Risk-management risks. these of each managing for policies

The Director has overall responsibility for the establishment and oversight of risk management and reviews, and agrees and reviews, and management risk of oversight and establishment the for responsibility overall has Director The

this financial report. financial this

and processes for measuring and managing risk. Further quantitative and qualitative disclosures are included throughout included are disclosures qualitative and quantitative Further risk. managing and measuring for processes and

The Trust’s main risks arising from financial instruments are outlined below, together with the Trust’s objectives, policies objectives, Trust’s the with together below, outlined are instruments financial from arising risks main Trust’s The

derivative financial instruments, for speculative purposes. speculative for instruments, financial derivative

are required to finance the Trust’s operations. The Trust does not enter into or trade financial instruments, including instruments, financial trade or into enter not does Trust The operations. Trust’s the finance to required are or

The Trust’s financial instruments are outlined below. These financial instruments arise directly from the Trust’s operations Trust’s the from directly arise instruments financial These below. outlined are instruments financial Trust’s The

MENTS u NSTR I INANCIAL F 19

activities operating from flows cash Net 3,951 3,517 3,517 3,951 3,486 4,000

sales asset on Gain/(loss) 49 50 49 50

– (6) – (6) assets unrecognised Previously

(64) 42 (64) 42 inventories in Increase/(decrease)

132 51 89 37 receivables other and trade in Increase/(decrease)

payables other and trade in Increase/(decrease) 741 2,081 750 2,078

– – – – collection of Donation

– – – – paid Distribution

1,267 523 1,267 523 Depreciation

assets non-current of writedown on (gain)/loss Net – 574 – 574

year the for Surplus 1,392 636 1,395 702

for operating activities operating for

Reconciliation of the surplus for the year to net cash flows cash net to year the for surplus the of Reconciliation

SERVICES OF COST NET TO CTIVITIES A PERATING O

FROM LOWS F ASH C OF ECONCILIATION R 18

$’000 $’000 $’000 $’000

2010 2011 2010 2011

Entity Consolidated Notes Parent Entity Parent

STATEMENTS FINANCIAL THE OF PART FORMING AND TO NOTES FOR THE YEAR ENDED 3 ENDED YEAR THE FOR 011 2 JUNE 0

10 Report Annual ST Ru T SES Ou H ISTORIC H Financial statements Financial | 11 > >

100

of the statement of financial position: financial of statement the of

The only financial assets that are past due or impaired are ‘sales of goods and services’ in the ‘receivables’ category ‘receivables’ the in services’ and goods of ‘sales are impaired or due past are that assets financial only The

There are no debtors that are currently not past due or impaired whose terms have been renegotiated. been have terms whose impaired or due past not currently are that debtors no are There debtors.

past due (2011: $3048; 2010: $31,000) are not considered impaired and together represent 100% of the total trade total the of 100% represent together and impaired considered not are $31,000) 2010: $3048; (2011: due past

Based on past experience, debtors that are not past due (2011: $382,279; 2010:$288,000) and less than six months six than less and 2010:$288,000) $382,279; (2011: due past not are that debtors experience, past on Based

The Trust is not materially exposed to concentrations of credit risk to a single trade debtor or group of debtors. of group or debtor trade single a to risk credit of concentrations to exposed materially not is Trust The

credit ratings. No interest is earned on trade debtors. Sales are made on 30-day terms. 30-day on made are Sales debtors. trade on earned is interest No ratings. credit

debtor and conditions economic in changes expected and current and experience, past includes evidence This

due. amounts all collect to able be not will entity the that evidence objective is there when raised is impairment

amounts, including letters of demand. Debts that are known to be uncollectable are written off. An allowance for allowance An off. written are uncollectable be to known are that Debts demand. of letters including amounts,

outstanding recover to followed are Directions Treasurer’s the in established as Procedures basis. ongoing an on

reviewed is debtors trade of Collectability date. balance at receivable amounts as recognised are debtors trade All

Receivables – trade debtors trade – Receivables ii)

bank. The TCorp Hour-Glass cash facility is discussed in Note 19(d) below. below. 19(d) Note in discussed is facility cash Hour-Glass TCorp The bank.

Cash comprises cash on hand and bank balances. Interest is earned on daily bank balances at the daily rate set by the the by set rate daily the at balances bank daily on earned is Interest balances. bank and hand on cash comprises Cash

Cash i)

in a financial loss to the Trust. Trust. the to loss financial a in

Credit risk arises when there is the possibility of the Trust’s debtors defaulting on their contractual obligations, resulting resulting obligations, contractual their on defaulting debtors Trust’s the of possibility the is there when arises risk Credit

b) Credit risk Credit b)

– – – – cost amortised at

measured liabilities Financial Borrowings

703 738 724 753 cost amortised at

measured liabilities Financial Payables

Class

Financial liabilities Financial

5,433 3,781 5,433 4,656 cost) amortised (at

receivables and Loans assets financial Other

398 434 407 453 cost) amortised (at

receivables and Loans Receivables

1,484 1,914 4,361 3,964 N/A equivalents cash and Cash

Class

assets Financial

$’000 $’000 $’000 $’000

2010 2011 2010 2011

Entity Consolidated Notes Parent Entity Parent Categories

Financial instrument categories instrument Financial a)

STATEMENTS FINANCIAL THE OF PART FORMING AND TO NOTES FOR THE YEAR ENDED 3 ENDED YEAR THE FOR 011 2 JUNE 0

10 Report Annual ST Ru T SES Ou H ISTORIC H 11 > >

101

allows the minister to award interest for late payment. No interest was paid during the financial year 2010–11. year financial the during paid was interest No payment. late for interest award to minister the allows

end of the month following the month in which an invoice or a statement is received. Treasurer’s Direction 219.01 219.01 Direction Treasurer’s received. is statement a or invoice an which in month the following month the of end

the policy set out in Treasurer’s Direction 219.01. If trade terms are not specified, payment is made no later than the the than later no made is payment specified, not are terms trade If 219.01. Direction Treasurer’s in out set policy the

received, whether or not invoiced. Amounts owing to suppliers (which are unsecured) are settled in accordance with with accordance in settled are unsecured) are (which suppliers to owing Amounts invoiced. not or whether received,

assessment of risk. The liabilities are recognised for amounts due to be paid in the future for goods or services services or goods for future the in paid be to due amounts for recognised are liabilities The risk. of assessment

as collateral. The Trust’s exposure to liquidity risk is deemed insignificant based on prior periods’ data and current and data periods’ prior on based insignificant deemed is risk liquidity to exposure Trust’s The collateral. as

During the current and prior years, there were no defaults or breaches on loans payable. No assets have been pledged been have assets No payable. loans on breaches or defaults no were there years, prior and current the During

the use of overdrafts, loans and other advances. other and loans overdrafts, of use the

high quality liquid assets. The objective is to maintain a balance between continuity of funding and flexibility through through flexibility and funding of continuity between balance a maintain to is objective The assets. liquid quality high

continually manages risk through monitoring future cash flows and maturities planning to ensure adequate holding of of holding adequate ensure to planning maturities and flows cash future monitoring through risk manages continually

Liquidity risk is the risk that the Trust will be unable to meet its payment obligations when they fall due. The Trust The due. fall they when obligations payment its meet to unable be will Trust the that risk the is risk Liquidity

iquidity risk iquidity l c)

assets are past due or impaired. or due past are assets

these of None (2010–11). million $7.65 of year the during balance average weighted a on 5.59% was rate interest

earning an average interest rate of 5.4%, while over the year the weighted average weighted the year the over while 5.4%, of rate interest average an earning were 2011 June 30 date balance

the deposit, while the interest rate payable on at call deposits can vary. The deposits at deposits The vary. can deposits call at on payable rate interest the while deposit, the of term the for fixed is and

‘at call’ or for a fixed term. For fixed term deposits, the interest rate payable is negotiated initially negotiated is payable rate interest the deposits, term fixed For term. fixed a for or call’ ‘at placed be can and

These deposits are similar to money market or bank deposits deposits bank or market money to similar are deposits These Poor’s. and Standard by ‘A1/A’ rated been has which

The Trust has placed funds on deposit with various Australian incorporated banks including Macquarie Bank Ltd, Bank Macquarie including banks incorporated Australian various with deposit on funds placed has Trust The

deposits Authority iii)

– – – – overdue months 6

31 31 31 31 overdue months 3–6

250 250 255 255 overdue months 3 <

010 2

– – – – overdue months 6

overdue months 3–6 3 3 3 3 3

overdue months 3 < 382 382 382 382

011 2

impaired impaired not impaired impaired not

Considered but due Past Total Considered but due Past Total

Parent Entity $’000 Entity Parent $’000 Entity Consolidated

STATEMENTS FINANCIAL THE OF PART FORMING AND TO NOTES FOR THE YEAR ENDED 3 ENDED YEAR THE FOR 011 2 JUNE 0

10 Report Annual ST Ru T SES Ou H ISTORIC H Financial statements Financial | 11 > >

102

table on page 103. page on table

is a structural change in the level of interest rate volatility. The Trust’s exposure to interest rate risk is set out in the the in out set is risk rate interest to exposure Trust’s The volatility. rate interest of level the in change structural a is

is used, consistent with current trends in interest rates. The basis will be reviewed annually and amended where there there where amended and annually reviewed be will basis The rates. interest in trends current with consistent used, is

instruments, a change in interest rates would not affect profit or loss or equity. A reasonably possible change of +/- 1% 1% +/- of change possible reasonably A equity. or loss or profit affect not would rates interest in change a instruments,

rate financial instruments at fair value through profit or loss or as available-for-sale. Therefore, for these financial financial these for Therefore, available-for-sale. as or loss or profit through value fair at instruments financial rate

by undertaking mainly fixed-rate borrowings, primarily with NSW TCorp. The Trust does not account for any fixed fixed any for account not does Trust The TCorp. NSW with primarily borrowings, fixed-rate mainly undertaking by

Exposure to interest rate risk arises primarily through the Trust’s interest-bearing liabilities. This risk is minimised minimised is risk This liabilities. interest-bearing Trust’s the through primarily arises risk rate interest to Exposure

nterest rate risk rate nterest i e)

The Trust has no exposure to foreign currency risk and does not enter into commodity contracts. commodity into enter not does and risk currency foreign to exposure no has Trust The

and other price risks associated with the movement in the unit price of the TCorp Hour-Glass investment facilities. facilities. investment Hour-Glass TCorp the of price unit the in movement the with associated risks price other and

in market prices. The Trust’s exposure to market risk is primarily through interest rate risk on the Trust’s borrowings borrowings Trust’s the on risk rate interest through primarily is risk market to exposure Trust’s The prices. market in

Market risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes changes of because fluctuate will instrument financial a of flows cash future or value fair the that risk the is risk Market

arket risk arket m d)

– – – 3,101 3,101 – – 3,101 –

– – – – – – – – – Borrowings

– – – 3,101 3,101 – – 3,101 – Payables

2010

– – – 4,994 4,994 – – 4,994 –

– – – – – – – – – Borrowings

– – – 4,994 4,994 – – 4,994 – Payables

2011

Entity Parent

– – – 3,123 3,123 – – 3,123 –

– – – – – – – – Borrowings

– – – 3,123 3,123 – – 3,123 – Payables

2010

– – – 5,011 5,011 – – 5,011 –

– – – – – – – – Borrowings

– – – 5,011 5,011 – – 5,011 – Payables

2011

rate interest

bearing rate rate effective

interest interest interest amount average

5 yrs > 5 yrs yrs 5 > yrs 5 1 yr 1 < Non- Variable Fixed Nominal Weighted –

Interest rate exposure rate Interest Maturity dates Maturity

Consolidated Entity Consolidated $’000

The table below summarises the maturity profile of the Trust’s financial liabilities, together with the interest rate exposure. rate interest the with together liabilities, financial Trust’s the of profile maturity the summarises below table The

STATEMENTS FINANCIAL THE OF PART FORMING AND TO NOTES FOR THE YEAR ENDED 3 ENDED YEAR THE FOR 011 2 JUNE 0

10 Report Annual ST Ru T SES Ou H ISTORIC H 11 > >

103

– – – – – – – Borrowings

– – – – – – 3,102 Payables

liabilities Financial

– – – – – – 5,433 assets financial Other

– – – – – – 774 Receivables

14 14 (14) (14) 1,484 equivalents cash and Cash

assets Financial

2010

– – – – – – – Borrowings

– – – – – – 4,994 Payables

liabilities Financial

– – – – – – 3,781 assets financial Other

– – – – – – 723 Receivables

Cash and cash equivalents equivalents cash and Cash 19 19 (19) (19) 1,914

Financial assets Financial

2011

Entity Parent

– – – – – – – Borrowings

– – – – – – 3,123 Payables

Financial liabilities Financial

Other financial assets assets financial Other – – – – – – 5,433

– – – – – – 783 Receivables

Cash and cash equivalents equivalents cash and Cash 43 43 (43) (43) 4,361

Financial assets Financial

2010

– – – – – – – Borrowings

– – – – – – 5,011 Payables

Financial liabilities Financial

Other financial assets assets financial Other – – – – – – 4,656

– – – – – – 747 Receivables

Cash and cash equivalents equivalents cash and Cash 40 40 (40) (40) 3,964

assets Financial

2011

Equity Profit Equity Profit amount

Carrying

-1% 1%

$’000 Entity Consolidated

STATEMENTS FINANCIAL THE OF PART FORMING AND TO NOTES FOR THE YEAR ENDED 3 ENDED YEAR THE FOR 011 2 JUNE 0

10 Report Annual ST Ru T SES Ou H ISTORIC H Financial statements Financial | 11 > >

104

– – – – – – – – – liabilities Financial

– – – – – – – – – – assets Financial

value amount value amount value amount value amount

Fair Carrying Fair Carrying Fair Carrying Fair Carrying

$’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000

2010 2010 2011 2011 2010 2010 2011 2011

Parent Entity Parent Entity Consolidated

balance sheet approximates the fair value, because of the short-term nature of many of the financial instruments. financial the of many of nature short-term the of because value, fair the approximates sheet balance

‘redemption’ pricing. Except where specified below, the amortised cost of financial instruments recognised in the the in recognised instruments financial of cost amortised the below, specified where Except pricing. ‘redemption’

the underlying assets of the facility, based on the market value. All of the Hour-Glass facilities are valued using using valued are facilities Hour-Glass the of All value. market the on based facility, the of assets underlying the

at fair value. As discussed, the value of the Hour-Glass investments is based on the Trust’s share of the value of of value the of share Trust’s the on based is investments Hour-Glass the of value the discussed, As value. fair at

The Trust has no financial instruments, with the exception of the TCorp Hour-Glass facilities, which are measured measured are which facilities, Hour-Glass TCorp the of exception the with instruments, financial no has Trust The

Fair value Fair f)

– – – – – /-1% + facility cash – Investment Hour-Glass

$’000 $’000 $’000 $’000 price unit

2010 2011 2010 2011 in Change Facility

Parent Entity Parent Entity Consolidated

price (as advised by TCorp) multiplied by the redemption value as at 30 June each year for each facility as set out below. out set as facility each for year each June 30 at as value redemption the by multiplied TCorp) by advised (as price

impacts directly on profit (rather than equity). A reasonably possible change is based on the percentage change in unit unit in change percentage the on based is change possible reasonably A equity). than (rather profit on directly impacts

Hour-Glass investment facilities are designated at fair value through profit or loss and therefore any change in unit price price unit in change any therefore and loss or profit through value fair at designated are facilities investment Hour-Glass

information collected over a ten-year period, quoted at two standard deviations (that is, 95% probability). The TCorp TCorp The probability). 95% is, (that deviations standard two at quoted period, ten-year a over collected information

NSW TCorp provides sensitivity analysis information for each of the investment facilities, using historically based volatility volatility based historically using facilities, investment the of each for information analysis sensitivity provides TCorp NSW

with different investment horizons and a mix of investments. of mix a and horizons investment different with

Investment in the Hour-Glass facilities limits the Trust’s exposure to risk, as it allows diversification across a pool of funds funds of pool a across diversification allows it as risk, to exposure Trust’s the limits facilities Hour-Glass the in Investment

external custodian. external

manager for part of the cash facility. A significant portion of the administration of the facilities is outsourced to an an to outsourced is facilities the of administration the of portion significant A facility. cash the of part for manager

the performance and risks of each facility in accordance with a mandate agreed by the parties. However, TCorp acts as as acts TCorp However, parties. the by agreed mandate a with accordance in facility each of risks and performance the

administer the trusts in accordance with the trust deeds. As trustee, TCorp has appointed external managers to manage manage to managers external appointed has TCorp trustee, As deeds. trust the with accordance in trusts the administer

NSW TCorp is trustee for each of the above facilities and is required to act in the best interest of the unit holders and to and holders unit the of interest best the in act to required is and facilities above the of each for trustee is TCorp NSW

units on issue for that facility. unit prices are calculated and published daily. published and calculated are prices unit facility. that for issue on units

The unit price of the facility is equal to the total fair value of the net assets held by the facility divided by the number of of number the by divided facility the by held assets net the of value fair total the to equal is facility the of price unit The

instruments

1,224 1,684 2,969 3,700 year 1 to p u market money Cash, facility Cash

$’000 $’000 $’000 $’000 horizon sectors

2010 2011 2010 2011 Investment Investment Facility

Entity Consolidated Parent Entity Parent

the following Hour-Glass investment trusts: investment Hour-Glass following the

are held for strategic rather than trading purposes. The Trust has no direct equity investments. The Trust holds units in in units holds Trust The investments. equity direct no has Trust The purposes. trading than rather strategic for held are

which facilities, investment Hour-Glass TCorp the in investment the through arises primarily risk’ price ‘other to Exposure

Other price risk – TCorp Hour-Glass facilities Hour-Glass TCorp – risk price Other

STATEMENTS FINANCIAL THE OF PART FORMING AND TO NOTES FOR THE YEAR ENDED 3 ENDED YEAR THE FOR 011 2 JUNE 0

10 Report Annual ST Ru T SES Ou H ISTORIC H 11 > >

105

1,865 1,865 1,780 1,865 1,780 GST) (including Total

661 506 661 506 years five than Later –

945 1,060 945 1,060 years five than later not and year one than Later –

259 214 259 214 year) one (under year one than later Not –

payable: and for provided not

rentals lease operating non-cancellable Future

perating lease commitments lease perating o c)

340 340 198 340 198 GST) (including Total

– – – – – years five than Later –

– – – – – years five than later not and year one than Later –

340 198 340 198 year) one (under year one than later Not –

for: provided not and date balance at for contracted services

and goods of acquisition the for expenditure other Aggregate

ther expenditure commitments expenditure ther o b)

580 580 254 580 254 GST) (including Total

– – – – – years five than Later –

– – – – years five than later not and year one than Later –

580 254 580 254 year) one (under year one than later Not –

for: provided not and date balance at for

contracted expenditure capital Aggregate

Capital commitments Capital a)

uRE PENDIT Ex FOR OMMITMENTS C 21

$’000 $’000 $’000 $’000

2010 2011 2010 2011

Parent Entity Parent Entity Consolidated Notes

Volunteers. These services were provided free of charge and it is considered not possible to estimate their value. their estimate to possible not considered is it and charge of free provided were services These Volunteers.

and the Botanic Gardens Trust respectively. The Trust’s work was also assisted by Historic Houses Trust Members and and Members Trust Houses Historic by assisted also was work Trust’s The respectively. Trust Gardens Botanic the and

the Trust received security services and gardening services free of charge for Government House from the NSW Police Police NSW the from House Government for charge of free services gardening and services security received Trust the

The Trust received advertising free of charge as shown from Fairfax Media Ltd as sponsorship. In financial year 2010–11, 2010–11, year financial In sponsorship. as Ltd Media Fairfax from shown as charge of free advertising received Trust The

137 137 1,975 137 1,975

Trusts Garden Botanic by Maintenance – 600 – 600

Police NSW by services Security – – 1,209 – 1,209

137 166 137 166 Advertising

1 59 1 59 items collection of Donations

CTIVITIES A NVESTING I AND INANCING F ASH -C ON N 20

$’000 $’000 $’000 $’000

2010 2011 2010 2011

Entity Consolidated Notes Parent Entity Parent

income in the form of non-cash sponsorship, non-cash donations or services provided free of charge. of free provided services or donations non-cash sponsorship, non-cash of form the in income

The following items are brought to account as expenses in the statement of comprehensive income and are credited as credited are and income comprehensive of statement the in expenses as account to brought are items following The

STATEMENTS FINANCIAL THE OF PART FORMING AND TO NOTES FOR THE YEAR ENDED 3 ENDED YEAR THE FOR 011 2 JUNE 0

10 Report Annual ST Ru T SES Ou H ISTORIC H Financial statements Financial | 11 > >

106

books of the HHT from the creation and transfer of the biobanking credits. biobanking the of transfer and creation the from HHT the of books the in arises

no asset no Therefore OEH. the by administered and controlled trust’ ‘biobank a in deposited be to credits the of sale the

proceeds of proceeds the for provides agreement The site). 90.63-hectare the of hectares 60 approximately (namely, site biobank the

managing of purposes the for HHT the to Trust this from provided be then would Funding OEH. the by controlled and in

of a trust a of establishment the for OEH, the to back sale and valuation their credits’, ‘biobanking of creation the for provided

agreement biobanking The site. bank biodiversity a as aside set been has property the of two-thirds approximately

covering area an (OEH), Heritage and Environment of Office the with agreement By responsibilities. and limitations use

significance because it is also the first HHT property containing a biobank site with specific biobank credits, funding, land- funding, credits, biobank specific with site biobank a containing property HHT first the also is it because significance

It is of is It (EHF). Fund Houses Endangered the within comes acquisition property Beulah habitat. animal native and vegetation

During the financial year the HHT aquired the property Beulah. This property contains remnant Cumberland Plain Cumberland remnant contains property This Beulah. property the aquired HHT the year financial the During

REDITS C y IODIVERSIT B 24

compensation premiums, the final adjustment calculations are in arrears. arrears. in are calculations adjustment final the premiums, compensation

The Treasury Managed Fund normally calculates hindsight premiums each year. However, in regard to workers workers to regard in However, year. each premiums hindsight calculates normally Fund Managed Treasury The

anaged Fund anaged m reasury t b)

condition assessment program and the development of a funded total asset management (TAM) plan. plan. (TAM) management asset total funded a of development the and program assessment condition

finalisation of the the of finalisation the on dependent is it as uncertain is action corrective of timing The reviewed. systematically

specialist estimates of currently identified shortfalls. These liabilities are expected to increase as all properties are are properties all as increase to expected are liabilities These shortfalls. identified currently of estimates specialist

complete and, as such, the above contingent liabilities are are liabilities contingent above the such, as and, complete yet not is undertaken being currently properties all of

heritage properties. The systematic condition assessment assessment condition systematic The properties. heritage for particularly maintenance, for underfunding past of result

arises as a a as arises Assets Contingent and Liabilities Contingent Provisions, 137 AASB by defined as liability contingent This

$1.0m $1.4m $1.4m $1.6m Maintenance

2014–15 2013–14 2012–13 2011–12

2011–12 financial year. year. financial 2011–12

three years with an initial cost estimate of $5.4 million. This is in excess of June 2011 funding facilities of $231,000 for the the for $231,000 of facilities funding 2011 June of excess in is This million. $5.4 of estimate cost initial an with years three

An initial assessment indicates that the Trust will need to undertake major periodic maintenance works over the next next the over works maintenance periodic major undertake to need will Trust the that indicates assessment initial An

assessment review of all its assets, both heritage and non-heritage, in order to apply best asset management practice. practice. management asset best apply to order in non-heritage, and heritage both assets, its all of review assessment

conservation of these sites to preserve them for future generations. The Trust is currently undertaking a condition condition a undertaking currently is Trust The generations. future for them preserve to sites these of conservation

Historic Houses Act 1980 Act Houses Historic the under places historic of management and conservation . The Trust is committed to the the to committed is Trust The .

The HHT maintains heritage properties with a value in excess of $275 million to fufil our statutory obligations of of obligations statutory our fufil to million $275 of excess in value a with properties heritage maintains HHT The

Condition assessment trust properties trust assessment Condition a)

IABILITIES L ONTINGENT C 23

professional practice of internal audit. internal of practice professional

ensured the operation of the internal audit function is consistent with IIA International standards for the the for standards International IIA with consistent is function audit internal the of operation the ensured >

Australian/New Zealand standards on risk management; risk on standards Zealand Australian/New

established an enterprise risk management process appropriate to the HHT that is consistent with current with consistent is that HHT the to appropriate process management risk enterprise an established >

ensured the Audit and Risk Committee has a charter consistent with the content of the ‘model charter’; ‘model the of content the with consistent charter a has Committee Risk and Audit the ensured >

including at least three members and no more than five members; five than more no and members three least at including

established an Audit and Risk Committee with a majority of independent members and an independent chair independent an and members independent of majority a with Committee Risk and Audit an established >

established and maintained the following internal audit functions: audit internal following the maintained and established

TPP 09-5. We are now in the process of satisfying the six core requirements specified in the policy. In particular we have we particular In policy. the in specified requirements core six the satisfying of process the in now are We 09-5. TPP

During 2010–11 we had introduced appropriate internal audit and risk management practices in place in accordance with with accordance in place in practices management risk and audit internal appropriate introduced had we 2010–11 During

Management Policy for the NSW Public Sector’. Sector’. Public NSW the for Policy Management

Guideline Treasury with line in function audit internal effective an has HHT The TPP 09-5 ‘Internal Audit and Risk and Audit ‘Internal 09-5 TPP

DIT Au NTERNAL I 22

STATEMENTS FINANCIAL THE OF PART FORMING AND TO NOTES FOR THE YEAR ENDED 3 ENDED YEAR THE FOR 011 2 JUNE 0

10 Report Annual ST Ru T SES Ou H ISTORIC H 11 > >

107

S STATEMENT FINANCIAL DITED u A OF END

subsequent financial year. financial subsequent

of affairs in the ensuing or any or ensuing the in affairs of state its or activities those of results the HHT, the of activities the affect significantly

No other matter or circumstance has arisen since the end of the financial year to the date of this report that has or may or has that report this of date the to year financial the of end the since arisen has circumstance or matter other No

VENTS E ATE D ALANCE B OST P 26

$22.87 million, total value $33.64 million. $33.64 value total million, $22.87

buildings million, $10.77 land follows: as properties these value Trust the of valuers independent The lessee. the of books

, which requires properties held under long-term lease to be included in the in included be to lease long-term under held properties requires which , Leases 117 AASB with complied has Trust The

responsibilities.

conservation and maintenance management, control, has Trust The 2096. December 15 the on terminating years 99

of term a for Sydney, of Diocese Trust, Property Church Anglican the by Trust the to leased is property This

Wentworth Mausoleum Wentworth iii)

responsibilities. responsibilities.

reflected in the lease to the Trust. The Trust has control, management, maintenance and conservation and maintenance management, control, has Trust The Trust. the to lease the in reflected

certain terms and conditions to be complied with by the Heritage Council. These terms and conditions are conditions and terms These Council. Heritage the by with complied be to conditions and terms certain

imposed deed This 1987. December 31 dated Trust of Deed a to pursuant Council Heritage the to gifted was

property The 2080. June 30 terminating lease 89-and-a-half-year an under Trust the by managed is property This

Rose Seidler House Seidler Rose ii)

Tower. The leases for Lots 105 and 106 commenced on 19 November 1993. November 19 on commenced 106 and 105 Lots for leases The Tower.

Tower and Lot 106 is a 99-year lease, (freehold stratum, basement access loading dock) within Governor Phillip Phillip Governor within dock) loading access basement stratum, (freehold lease, 99-year a is 106 Lot and Tower Phillip

term leases. Lot 105 is a 299-year lease, with a 200-year option (freehold stratum, five levels) within Governor Governor within levels) five stratum, (freehold option 200-year a with lease, 299-year a is 105 Lot leases. term long-

under two and freehold owned are which of two lots, property four under Sydney of Museum the holds Trust The

Museum of Sydney of Museum i)

The Trust holds the following properties under long term lease: term long under properties following the holds Trust The

Properties held under long-term lease long-term under held Properties b)

ledger of the HHT. the of ledger

Treasury Circular 11-01 the ‘Lessor classification of long-term land leases’, the property has been valued at $1 in the the in $1 at valued been has property the leases’, land long-term of classification ‘Lessor the 11-01 Circular Treasury

responsibilities are limited to ensuring maintenance and insurance are adequate. In accordance with NSW Government Government NSW with accordance In adequate. are insurance and maintenance ensuring to limited are responsibilities

Services at $262,500 per annum. The HHT has no responsibility for funding the cost of maintenance or insurance. Its Its insurance. or maintenance of cost the funding for responsibility no has HHT The annum. per $262,500 at Services

rental for this property has been assessed independently by the NSW Government Land and Property Valuation Valuation Property and Land Government NSW the by independently assessed been has property this for rental

end of the lease. The terms of the lease provide for any renewal being at commercial rental rates. The current market market current The rates. rental commercial at being renewal any for provide lease the of terms The lease. the of end

. The terms of the lease are $1 rent per annum over the term of the lease with provision for renewal at the the at renewal for provision with lease the of term the over annum per rent $1 are lease the of terms The . 1977 Act

Heritage Heritage the administering minister the from 2007 in property this for responsibility of transfer the of time the at place

The lease commenced on 22 May 1987 for a term of 99 years with provision for an option to renew. The lease was in in was lease The renew. to option an for provision with years 99 of term a for 1987 May 22 on commenced lease The

property is $7.425 million. The property is encumbered by a long-term lease with the Australian Institute of Architects. Architects. of Institute Australian the with lease long-term a by encumbered is property The million. $7.425 is property

has considerable heritage significance. The property was independently valued at 30 June 2011. The fair value of the the of value fair The 2011. June 30 at valued independently was property The significance. heritage considerable has

The HHT is the registered proprietor of the property Tusculum. This property is a Regency mansion built 1831–37 and and 1831–37 built mansion Regency a is property This Tusculum. property the of proprietor registered the is HHT The

Properties owned under long-term lease long-term under owned Properties a)

LEASES y PROPERT 25

STATEMENTS FINANCIAL THE OF PART FORMING AND TO NOTES FOR THE YEAR ENDED 3 ENDED YEAR THE FOR 011 2 JUNE 0

10 Report Annual ST Ru T SES Ou H ISTORIC H Financial statements Financial | 11 > > HISTORIC HOuSES TRuST Annual Report 10 > 11

108 HISTORIC HOuSES TRuST Annual Report 10 > 11 | Financial statements

Foundation financial statements

109

110

of $186,000. of

New South Wales (HHT) during the financial year 2010–11 2010–11 year financial the during (HHT) Wales South New

the end of the financial year unless otherwise stated. otherwise unless year financial the of end the

A distribution was made to the Historic Houses Trust of of Trust Houses Historic the to made was distribution A

The above-named Directors held office during and since since and during office held Directors above-named The

TIONS u DISTRIB

Company Director (resigned 23/6/11) 23/6/11) (resigned Director Company Wran Jill

Morning Herald (appointed 23/11/10) (appointed Herald Morning this report. this

Sydney The Editor, Saturday Whelan Judith Accordingly, this information has not been disclosed in in disclosed been not has information this Accordingly,

to result in unreasonable prejudice to the Foundation. Foundation. the to prejudice unreasonable in result to Sachs JBWere JBWere Sachs

years and the expected results of those operations is likely likely is operations those of results expected the and years Goldman Director, Executive Smith Curtis

in the operations of the Foundation in future financial financial future in Foundation the of operations the in

Company Director Director Company Simpson Edward

developments likely regarding information of Disclosure

(appointed 14/12/10) 14/12/10) (appointed

DEVELOPMENTS RE FuTu

Robinson Arthur Allens

Partner, Executive Chief Rose Michael

financial years. financial

(resigned 5/8/10) (resigned

or the state of affairs of the Foundation in future future in Foundation the of affairs of state the or

Associates & Rothwell Susan

may significantly affect, the operations of the Foundation, Foundation, the of operations the affect, significantly may

Partner, Principal Architect, Rothwell Susan

end of the financial year that has significantly affected, or or affected, significantly has that year financial the of end

(appointed 23/11/10) 23/11/10) (appointed No other matter or circumstance has arisen since the the since arisen has circumstance or matter other No

Gallery Reid Michael Director, Reid Michael

EVENTS quENT BSE Su

Stephen Jaques Jaques Stephen

Mallesons Partner, Solicitor, O’Donnell David referred to in the financial statements or notes thereto. notes or statements financial the in to referred

in the state of affairs of the Foundation other than that that than other Foundation the of affairs of state the in Coordinator, Camden Park House Park Camden Coordinator, Macarthur-Stanham

During the financial year there was no significant change change significant no was there year financial the During Edwina

appointed to the board during the year. the during board the to appointed & Partners (resigned 23/11/10) (resigned Partners &

their maximum terms of office. Four new Directors were were Directors new Four office. of terms maximum their Stapleton Lucas Clive Director,

the year. This is consistent with them having attained attained having them with consistent is This year. the and architect Heritage Clive Lucas Lucas Clive OBE

Five resignations from the board were accepted during during accepted were board the from resignations Five

(resigned 23/6/11) (resigned

AFFAIRS OF STATE IN CHANGES Associates & Knoblauch Beat

Company Director, Director, Company Knoblauch Beat

. 1997 Act Assessment Tax Income the of

(resigned 20/6/11) (resigned

from the payment of income tax under Subdivision 50-5 50-5 Subdivision under tax income of payment the from

Chairman Foundation

The Foundation is a non-profit organisation and is exempt exempt is and organisation non-profit a is Foundation The

Tanner Architects Tanner

ended 30 June 2011 was $252,545. was 2011 June 30 ended Architect and Director, Director, and Architect Tanner Howard

The net surplus of the Foundation for the financial year year financial the for Foundation the of surplus net The

Director

OPERATIONS OF REVIEW Chartered accountant and and accountant Chartered Gordon John

Author (resigned 23/11/10) (resigned Author Fern Lynn

Foundation during the financial year. financial the during Foundation

(appointed 27/6/11) 27/6/11) (appointed

There was no change in the principal activity of the the of activity principal the in change no was There

Architects, Richardson Cox

for the Historic Houses Trust of New South Wales. South New of Trust Houses Historic the for

Architect, and nion) u (Rugby

conducive to acting as the Trustee of the Foundation Foundation the of Trustee the as acting to conducive

sportsman Professional Baxter Alastair

to do all things such as are necessary, incidental and and incidental necessary, are as such things all do to

of New South Wales Wales South New of for the Historic Houses Trust of New South Wales and and Wales South New of Trust Houses Historic the for

Director, Historic Houses Trust Trust Houses Historic Director, Clark Kate financial year was to act as the Trustee of the Foundation Foundation the of Trustee the as act to was year financial

The principal activity of the Foundation during the the during Foundation the of activity principal The

Wales (Foundation) Company Directors: Company (Foundation) Wales

Foundation for the Historic Houses Trust of New South South New of Trust Houses Historic the for Foundation ACTIVITIES PRINCIPAL

ST u TR SES u HO HISTORIC THE FOR NDATION u FO THE FOR STEE u TR BEING

FOR THE YEAR ENDED 30 JUNE 2 JUNE 30 ENDED YEAR THE FOR 011

Historic Houses Trust of New South Wales Limited Wales South New of Trust Houses Historic

Report by the Directors of the Foundation for the the for Foundation the of Directors the by Report

10 Report Annual ST u TR SES u HO ISTORIC H 11 > >

111

2 5 Wran Jill

4 4 Whelan Judith

4 5 Smith Curtis

5 5 Simpson Edward

3 3 Rose Michael

0 0 Rothwell Susan

4 4 Reid Michael

4 5 O’Donnell David

4 5 Macarthur-Stanham Edwina

2 2 Clive Lucas Lucas Clive OBE

4 5 Knoblauch Beat

4 5 Gordon John

3 5 O’Donnell David 2 2 Fern Lynn

3 5 Tanner Howard 5 5 Clark Kate

5 5 Gordon John 0 0 Baxter Alastair

5 5 (Chairman) Knoblauch Beat 4 5 (Chairman) Tanner Howard

Attended Held Directors Attended Held Directors

COMMITTEE LEGAL AND FINANCE DIRECTORS OF BOARD

and/or criminal act or outside the scope of their duties. their of scope the outside or act criminal and/or

actual, as long as the action is not based on an illegal illegal an on based not is action the as long as actual,

contract of coverage for any ‘legal liability’, alleged or or alleged liability’, ‘legal any for coverage of contract

employee of the ‘protected entity’ is covered by the the by covered is entity’ ‘protected the of employee

and attended four meetings for that body. that for meetings four attended and of coverage. Each board member, Trustee, officer and and officer Trustee, member, board Each coverage. of

of the HHT’s Endangered Houses Fund Committee Committee Fund Houses Endangered HHT’s the of claim against the covered entity subject to the contract contract the to subject entity covered the against claim

members were Directors Foundation Three Meetings. a to leading actions all and any for indemnification an

board meetings and four Finance and Legal Committee Committee Legal and Finance four and meetings board is coverage of contract The Fund. Managed Treasury

financial year the following meetings were held: five five held: were meetings following the year financial the within status entity’ ‘protected it upon confers

were a Director or a committee member). During the the During member). committee a or Director a were Foundation the of inclusion Such Government. Wales

of meetings attended by each Director (while they they (while Director each by attended meetings of South New the by underwritten and owned scheme

Directors) during the financial year and the number number the and year financial the during Directors) self-insurance a is Fund Managed Treasury The coverage.

meetings held (including meetings of committees of of committees of meetings (including held meetings indemnity Fund Managed Treasury its within Foundation

The tables below set out the number of Directors’ Directors’ of number the out set below tables The the included has entity) controlling (the HHT The

MEETINGS ’ DIRECTORS OFFICERS OF INDEMNIFICATION

10 Report Annual ST u TR SES u HO ISTORIC H oundation financial statements financial oundation F | 11 > >

112

misstatement. misstatement.

whether the financial statements are free from material material from free are statements financial the whether

plan and perform the audit to obtain reasonable assurance assurance reasonable obtain to audit the perform and plan

ethical requirements relating to audit engagements and and engagements audit to relating requirements ethical

Auditing Standards require that I comply with relevant relevant with comply I that require Standards Auditing

accordance with Australian Auditing Standards. Those Those Standards. Auditing Australian with accordance

year ended 30 June 2011. June 30 ended year statements based on my audit. I conducted my audit in in audit my conducted I audit. my on based statements

sections 24(2)(b), 24(2)(c) and 24(2)(d) of the CF Act for the the for Act CF the of 24(2)(d) and 24(2)(c) 24(2)(b), sections My responsibility is to express an opinion on the financial financial the on opinion an express to is responsibility My

order to express an opinion on the matters specified at at specified matters the on opinion an express to order

Auditor’s Responsibility Auditor’s

In addition, I have audited the Foundation’s operations in in operations Foundation’s the audited have I addition, In

misstatement, whether due to fraud or error. error. or fraud to due whether misstatement,

Act 1991 Act

the financial statements that are free from material material from free are that statements financial the

Charitable Fundraising Fundraising Charitable the of Aspects Other on Report

determine is necessary to enable the preparation of of preparation the enable to necessary is determine

the CF Act, and for such internal control as the Directors Directors the as control internal such for and Act, CF the hyperlinked to/from the financial statements. financial the to/from hyperlinked

with Australian Accounting Standards, the PF&A Act and and Act PF&A the Standards, Accounting Australian with about any other information which may have been been have may which information other any about >

presentation of the financial statements in accordance accordance in statements financial the of presentation

website where they may be presented be may they where website

The Directors are responsible for the preparation and fair fair and preparation the for responsible are Directors The

publication of the audited financial statements on any any on statements financial audited the of publication

The Directors’ Responsibility for the Financial Statements Financial the for Responsibility Directors’ The about the security and controls over the electronic electronic the over controls and security the about >

the financial statements financial the

of this report. this of of presentation and preparation the to relate not do

My opinion should be read in conjunction with the rest rest the with conjunction in read be should opinion My that Regulation CF and Act, CF the of conditions and

fundraising appeals for the year ended 30 June 2011. June 30 ended year the for appeals fundraising

that the Foundation has complied with requirements requirements with complied has Foundation the that >

of result financial Foundation’s the of view fair

about the effectiveness of its internal control internal its of effectiveness the about >

and true a showing including Regulation), (CF 2008

and economically and

Regulation Fundraising Charitable the and Act) (CF 1991

that it has carried out its activities effectively, efficiently efficiently effectively, activities its out carried has it that >

Act Fundraising Charitable the with accordance in are >

about the future viability of the Foundation the of viability future the about > Public Finance and Audit Regulation 2010 Regulation Audit and Finance Public

provide assurance: provide not does opinion My (PF&A Act) and the the and Act) (PF&A 1983 Act Audit and Finance

Public the of 41B section with accordance in are >

and appropriate to provide a basis for my audit opinion. opinion. audit my for basis a provide to appropriate and

with Australian Accounting Standards Standards Accounting Australian with

I believe the audit evidence I have obtained is sufficient sufficient is obtained have I evidence audit the believe I

accordance in ended then year the for performance

of the financial statements. statements. financial the of

financial its and 2011, June 30 at as Foundation the

Directors, as well as evaluating the overall presentation presentation overall the evaluating as well as Directors,

of position financial the of view fair and true a give >

reasonableness of accounting estimates made by the the by made estimates accounting of reasonableness

In my opinion, the financial statements: financial the opinion, my In

appropriateness of accounting policies used and the the and used policies accounting of appropriateness

Opinion

internal control. An audit also includes evaluating the the evaluating includes also audit An control. internal

an opinion on the effectiveness of the Foundation’s Foundation’s the of effectiveness the on opinion an

Statement by the Directors of the Foundation. the of Directors the by Statement

circumstances, but not for the purpose of expressing expressing of purpose the for not but circumstances,

policies and other explanatory information, and the the and information, explanatory other and policies

to design audit procedures that are appropriate in the the in appropriate are that procedures audit design to

notes comprising a summary of significant accounting accounting significant of summary a comprising notes

and fair presentation of the financial statements in order order in statements financial the of presentation fair and

and statement of cash flows for the year then ended, ended, then year the for flows cash of statement and

internal control relevant to the Foundation’s preparation preparation Foundation’s the to relevant control internal

comprehensive income, statement of changes in equity equity in changes of statement income, comprehensive

In making those risk assessments, the auditor considers considers auditor the assessments, risk those making In

of financial position as at 30 June 2011, the statement of of statement the 2011, June 30 at as position financial of

whether due to fraud or error. error. or fraud to due whether Wales (the Foundation), which comprise the statement statement the comprise which Foundation), (the Wales

risks of material misstatement of the financial statements, statements, financial the of misstatement material of risks the Foundation for the Historic Houses Trust of New South South New of Trust Houses Historic the for Foundation the

the auditor’s judgement, including the assessment of the the of assessment the including judgement, auditor’s the I have audited the accompanying financial statements of of statements financial accompanying the audited have I

financial statements. The procedures selected depend on on depend selected procedures The statements. financial Report on the Financial Statements Financial the on Report

evidence about the amounts and disclosures in the the in disclosures and amounts the about evidence

To Members of the New South Wales Parliament Wales South New the of Members To An audit involves performing procedures to obtain audit audit obtain to procedures performing involves audit An

WALES SOUTH NEW OF TRUST HOUSES HISTORIC THE

FOR FOUNDATION

Independent auditor’s report report auditor’s Independent

10 Report Annual ST u TR SES u HO ISTORIC H 11 > >

113

(future debts). debts). (future and appropriate to provide a basis for my audit opinion. audit my for basis a provide to appropriate and

report auditor’s independent this of date the from I believe the audit evidence I have obtained is sufficient sufficient is obtained have I evidence audit the believe I

debts as and when they fall due over the 12 month period period month 12 the over due fall they when and as debts

may be significant. be may

grounds to believe the Foundation will be able to pay its its pay to able be will Foundation the believe to grounds

between the prospective opinion and the actual outcome outcome actual the and opinion prospective the between

Act and CF Regulation, and whether there are reasonable reasonable are there whether and Regulation, CF and Act

not occur as expected or assumed and the variations variations the and assumed or expected as occur not

respects, complied with specific requirements of the CF CF the of requirements specific with complied respects,

opinion is based, since anticipated events frequently do do frequently events anticipated since based, is opinion

assurance whether the Foundation has, in all material material all in has, Foundation the whether assurance

likely to be different from the information on which the the which on information the from different be to likely

on Assurance Engagements to obtain reasonable reasonable obtain to Engagements Assurance on

speculative in nature. As a consequence, actual results are are results actual consequence, a As nature. in speculative

applicable Australian Auditing Standards and Standards Standards and Standards Auditing Australian applicable

pay future debts, such evidence is future orientated and and orientated future is evidence such debts, future pay

the CF Act. I conducted my audit in accordance with with accordance in audit my conducted I Act. CF the

the Historic Houses Trust of New South Wales’s ability to to ability Wales’s South New of Trust Houses Historic the

specified at sections 24 (2)(b), 24 (2)(c), and 24 (2)(d) of of (2)(d) 24 and (2)(c), 24 (2)(b), 24 sections at specified

Whilst evidence is available to support the Foundation for for Foundation the support to available is evidence Whilst

My responsibility is to express an opinion on the matters matters the on opinion an express to is responsibility My

may deteriorate. may

Auditor’s Responsibility Auditor’s

in conditions, or that the degree of compliance with them them with compliance of degree the that or conditions, in

procedures may become inadequate because of changes changes of because inadequate become may procedures

fall due. due. fall

CF Act to future periods is subject to the risk that the the that risk the to subject is periods future to Act CF

Foundation will be able to pay its debts as and when they they when and as debts its pay to able be will Foundation

Any projection of the evaluation of compliance with the the with compliance of evaluation the of projection Any

The Directors are also responsible for ensuring the the ensuring for responsible also are Directors The

covered all requirements of the CF Act and CF Regulation. CF and Act CF the of requirements all covered

account and records. and account

to detect all instances of non-compliance, and have not not have and non-compliance, of instances all detect to

properly accounted for; and maintaining proper books of of books proper maintaining and for; accounted properly

designed not were period, the throughout continuously

or as a result of, a fundraising appeal are safeguarded and and safeguarded are appeal fundraising a of, result a as or

detected. My procedures have not been performed performed been not have procedures My detected.

fundraising appeals; ensuring all assets obtained during, during, obtained assets all ensuring appeals; fundraising

compliance with the CF Act may occur and not be be not and occur may Act CF the with compliance

maintaining internal control over the conduct of all all of conduct the over control internal maintaining

procedure, it is possible that fraud, error or non- non- or error fraud, that possible is it procedure,

Regulation. This responsibility includes establishing and and establishing includes responsibility This Regulation.

Because of inherent limitations of any compliance compliance any of limitations inherent of Because

requirements and conditions of the CF Act and CF CF and Act CF the of conditions and requirements

Inherent Limitations Inherent The Directors are responsible for complying with the the with complying for responsible are Directors The

The Directors’ Responsibility under the CF Act CF the under Responsibility Directors’ The

to pay future debts. future pay to

Director’s assessment regarding the Foundation’s ability ability Foundation’s the regarding assessment Director’s

this report, including the inherent limitations. inherent the including report, this

assessing the reasonableness and appropriateness of the the of appropriateness and reasonableness the assessing

My opinion should be read in conjunction with the rest of of rest the with conjunction in read be should opinion My

requirements of the CF Act and CF Regulation, and and Regulation, CF and Act CF the of requirements

of the CF Act). CF the of

supporting the Foundation’s compliance with specific specific with compliance Foundation’s the supporting

of this independent auditor’s report (section 24(2)(d) 24(2)(d) (section report auditor’s independent this of

activities and examination, on a test basis, of evidence evidence of basis, test a on examination, and activities

they fall due over the 12 month period from the date date the from period month 12 the over due fall they

the internal control structure for fundraising appeal appeal fundraising for structure control internal the

Foundation will be able to pay its debts as and when when and as debts its pay to able be will Foundation

My procedures included obtaining an understanding of of understanding an obtaining included procedures My

there are reasonable grounds to believe that the the that believe to grounds reasonable are there >

internal control. control. internal

and the CF Regulation (section 24(2)(c) of the CF Act) CF the of 24(2)(c) (section Regulation CF the and

an opinion on the effectiveness of the Foundation’s Foundation’s the of effectiveness the on opinion an

ended 30 June 2011 in accordance with the CF Act Act CF the with accordance in 2011 June 30 ended

expressing of purpose the for not but circumstances,

of fundraising appeals conducted during the year year the during conducted appeals fundraising of

design audit procedures that are appropriate in the the in appropriate are that procedures audit design

accounted for and applied money received as a result result a as received money applied and for accounted

auditor considers relevant internal control in order to to order in control internal relevant considers auditor

the Foundation has, in all material respects, properly properly respects, material all in has, Foundation the >

future debts. In making those risk assessments, the the assessments, risk those making In debts. future

(section 24(2)(b) of the CF Act) CF the of 24(2)(b) (section

material breaches of compliance and inability to pay pay to inability and compliance of breaches material

2011 in accordance with the CF Act and CF Regulation Regulation CF and Act CF the with accordance in 2011

judgement, including the assessment of the risks of of risks the of assessment the including judgement,

associated records during the year ended 30 June June 30 ended year the during records associated

debts. The procedures selected depend on the auditor’s auditor’s the on depend selected procedures The debts.

the Foundation has properly kept the ledgers and and ledgers the kept properly has Foundation the >

the CF Act and CF Regulation and its ability to pay future future pay to ability its and Regulation CF and Act CF the

In my opinion: my In

audit evidence about the Foundation’s compliance with with compliance Foundation’s the about evidence audit

Opinion This audit involved performing procedures to obtain obtain to procedures performing involved audit This

10 Report Annual ST u TR SES u HO ISTORIC H oundation financial statements financial oundation F | 11 > >

114

Sydney

17 October 2011 October 17

Director, Financial Audit Services Audit Financial Director,

Steven Martin Steven

clients or income. or clients

compromised in their role by the possibility of losing losing of possibility the by role their in compromised

and the Audit Office of New South Wales are not not are Wales South New of Office Audit the and

non-audit services, thus ensuring the Auditor-General Auditor-General the ensuring thus services, non-audit

sector agencies but precluding the provision of of provision the precluding but agencies sector

mandating the Auditor-General as auditor of public public of auditor as Auditor-General the mandating >

government, can remove an Auditor-General an remove can government,

providing that only Parliament, and not the executive executive the not and Parliament, only that providing >

further promotes independence by: independence promotes further

other relevant ethical pronouncements. The PF&A Act Act PF&A The pronouncements. ethical relevant other

Standards, Standards on Assurance Engagements and and Engagements Assurance on Standards Standards,

independence requirements of the Australian Auditing Auditing Australian the of requirements independence

In conducting my audit, I have complied with the the with complied have I audit, my conducting In

Independence

10 Report Annual ST u TR SES u HO ISTORIC H 11 > >

115

Dated this day Thursday 13 October 2011 2011 October 13 Thursday day this Dated

Director Deputy Chairman Deputy

Gordon John Reid Michael

On behalf of the Directors the of behalf On

Signed in accordance with a resolution of the Directors. the of resolution a with accordance in Signed

and applied by the Trust from any of its fundraising appeals. fundraising its of any from Trust the by applied and

The internal controls exercised by the Trust are appropriate and effective in accounting for all income received received income all for accounting in effective and appropriate are Trust the by exercised controls internal The g)

and Regulations; and Regulations; and

Charitable Fundraising Charitable the with accordance in 2011, June 30 to 2010 July 1 from period the (NSW) 1991 Act

The financial statements have been properly drawn up and the associated records have been properly kept for for kept properly been have records associated the and up drawn properly been have statements financial The f)

statements to be misleading or inaccurate; or misleading be to statements

The Directors’ are not aware of any circumstances which would render any particulars included in the financial financial the in included particulars any render would which circumstances any of aware not are Directors’ The e)

as and when they become due and payable; and due become they when and as

In the Directors’ opinion, there are reasonable grounds to believe that the Trust will be able to pay its debts debts its pay to able be will Trust the that believe to grounds reasonable are there opinion, Directors’ the In d)

Trust Deed; Trust

In the Directors’ opinion, the attached financial statements and notes thereto are in accordance with the the with accordance in are thereto notes and statements financial attached the opinion, Directors’ the In c)

of the Trust; the of

The attached financial statements and notes thereto give a true and fair view of the financial position and performance performance and position financial the of view fair and true a give thereto notes and statements financial attached The b)

and Regulation; and 1983 Act Audit and Finance Public and Interpretations) Accounting Australian include

The attached financial statements and notes thereto comply with applicable Australian Accounting Standards (which (which Standards Accounting Australian applicable with comply thereto notes and statements financial attached The a)

Foundation for the Historic Houses Trust of New South Wales, declare that: declare Wales, South New of Trust Houses Historic the for Foundation

The Directors of the Foundation for the Historic Houses Trust of New South Wales Limited, the Trustee of the of Trustee the Limited, Wales South New of Trust Houses Historic the for Foundation the of Directors The

ALES W TH SOu EW N OF ST TRu SES HOu ISTORIC H THE FOR NDATION FOu THE FOR STEE TRu BEING

FOR THE YEAR ENDED 30 JUNE 2 JUNE 30 ENDED YEAR THE FOR 011

Historic Houses Trust of New South Wales Limited Wales South New of Trust Houses Historic

Statement by the Directors of the Foundation for the the for Foundation the of Directors the by Statement

10 Report Annual ST u TR SES u HO ISTORIC H oundation financial statements financial oundation F | 11 > > HISTORIC HOuSES TRuST Annual Report 10 > 11

BEGINNING OF AuDITED FINANCIAL STATEMENTS Statement of comprehensive income FOR THE YEAR ENDED 30 JUNE 2011

Notes

2011 2010 $ $ Expenses Operating expenses – – Administration expenses 157, 25 4 126,795 Marketing expenses 26,234 36,548 Audit fees 3 9,650 7,9 0 0 Donations to HHT 186,000 191,000 Other 7,4 8 8 7, 3 0 5 Total expenses 386,626 369,548 Total revenue 2 453,172 372,306 SURPLUS FOR THE YEAR 9(b) 66,546 2,758 Other comprehensive income Net increase/(decrease) in property, plant and equipment asset revaluation reserve – – Other comprehensive income for the year – – TOTAL COMPREHENSIVE INCOME FOR THE YEAR 66,546 2,758 Statement of financial position FOR THE YEAR ENDED 30 JUNE 2011

Notes

2011 2010 $ $ ASSETS Current assets Cash and cash equivalents 4 2,925,417 2,876,822 Receivables 5 18,697 4,491 Other financial assets – – Total current assets 2,944,114 2,881,313 Non-current assets – – Total non-current assets – – TOTAL ASSETS 2,944,144 2,881,313 LIABILITIES Current liabilities Payables 6 17,9 0 0 21,645 Total current liabilities 17,90 0 21,645 Non-current liabilities – – Total non-current liabilities – – Total liabilities 17,90 0 21,645 NET ASSETS 2,926,214 2,859,668 EquITy Accumulated funds 7 2,926,214 2,859,668 TOTAL EQUITY 2,926,214 2,859,668

The accompanying notes form part of these financial statements.

116

117

The accompanying notes form part of these financial statements. financial these of part form notes accompanying The

2,876,822 2,925,417 4 EQUIVALENTS CASH AND CASH CLOSING

1,803,617 1,803,617 2,876,822 Opening cash and cash equivalents cash and cash Opening

1,073,205 1,073,205 48,595 CASH IN INCREASE/(DECREASE) NET

– ACTIVITIES FINANCING FROM FLOWS CASH NET –

– – ACTIVITIES FINANCING FROM FLOWS CASH

1,100,000 1,100,000 – ACTIVITIES INVESTING FROM FLOWS CASH NET

1,100,000 – loan of Repayment

ACTIVITIES INVESTING FROM FLOWS CASH

(26,795) 48,595 9(b) ACTIVITIES OPERATING FROM FLOWS CASH NET

373,059 438,965 receipts Total

14,641 23,241 Other

79,982 148,638 received Interest

51,616 44,204 Sponsorship

226,820 222,882 Donations

Receipts

payments Total (399,854) (390,370)

Distribution to HHT HHT to Distribution (231,000) (186,000)

Suppliers/employees (168,854) (204,370)

Payments

ACTIVITIES OPERATING FROM FLOWS CASH

$ $ $

2010 2011

Notes

011 2 JUNE 30 ENDED YEAR THE FOR

Statement of cash flows cash of Statement

2010 June 30 at Balance 2,859,668 – 2,859,668 7

year the for Surplus/(deficit) 2,758 – 2,758

Balance at 1 July 2009 July 1 at Balance

2,856,910 – 2,856,910

2011 June 30 at Balance 2,926,214 2,926,214 – 2,926,214 7

year the for Surplus/(deficit) 66,546 – 66,546

2010 July 1 at Balance

2,859,668 – 2,859,668

$ $ $

surplus funds Notes

Asset revaluation revaluation Asset Accumulated Total

FOR THE YEAR ENDED 30 JUNE 2 JUNE 30 ENDED YEAR THE FOR 011

Statement of changes in equity equity in changes of Statement

10 Report Annual ST u TR SES u HO ISTORIC H oundation financial statements financial oundation F | 11 > >

118

Foundation has assessed the impact of these new these of impact the assessed has Foundation

having similar objectives to that of the Foundation. the of that to objectives similar having

the date of authorisation of the financial statements. The statements. financial the of authorisation of date the

remaining funds must be distributed to an organisation organisation an to distributed be must funds remaining

standards and interpretations that are not yet effective, at effective, yet not are that interpretations and standards

In the event of a winding-up of the Foundation, all all Foundation, the of winding-up a of event the In

The Foundation did not early adopt any new accounting new any adopt early not did Foundation The

Winding-up j)

tandards issued and not yet effective effective yet not and issued tandards s ccounting a

Company. Company.

expressed in Australian currency. Australian in expressed

are reviewed and approved by Directors of the Trustee Trustee the of Directors by approved and reviewed are

All amounts are rounded to the nearest dollar and are are and dollar nearest the to rounded are amounts All

basis of cost recovery. The costs recovered by the HHT HHT the by recovered costs The recovery. cost of basis

notes to the financial statements. financial the to notes

provides administration services for a charge on the the on charge a for services administration provides

management has made are disclosed in the relevant relevant the in disclosed are made has management

The Foundation does not have any employees. The HHT HHT The employees. any have not does Foundation The

Judgments, key assumptions and estimations estimations and assumptions key Judgments,

ervice provider arrangements provider ervice s i)

accounting has been applied where applicable. where applied been has accounting

and financial liabilities for which the fair value basis of of basis value fair the which for liabilities financial and goods and services. and goods

modified by the revaluation of selected financial assets assets financial selected of revaluation the by modified make future payments resulting from the purchase of of purchase the from resulting payments future make

an accruals basis and are based on historical costs costs historical on based are and basis accruals an recognised when the Foundation becomes obliged to to obliged becomes Foundation the when recognised

The financial statements have been prepared on on prepared been have statements financial The Trade payables and other accounts payable are are payable accounts other and payables Trade

South Wales as an individual entity. individual an as Wales South ccounts payable ccounts a h)

New of Trust Houses Historic the for Foundation

. 1997 Act

Interpretations). The financial statements are for the the for are statements financial The Interpretations).

Assessment Tax Income the of 50-B Subdivision

Standards (which include Australian Accounting Accounting Australian include (which Standards

The Foundation is exempt from income tax under under tax income from exempt is Foundation The

Directions and applicable Australian Accounting Accounting Australian applicable and Directions

ncome tax ncome i g) and Regulations, the Treasurer’s Treasurer’s the Regulations, and 1983 Act Audit and

Public Finance Finance Public the with accordance in prepared

as amounts due less any allowance for impairment. for allowance any less due amounts as

These general-purpose financial statements are are statements financial general-purpose These

recorded are receivables other and receivables Trade

asis of preparation of asis b b)

eceivables r f)

and private donors to the Foundation. the to donors private and

of GST included. GST of

corporate of requirements specific and Foundation

amount the with stated are payables and receivables >

by the Directors consistent with the objectives of the the of objectives the with consistent Directors the by

item of expense; of item

funding from the HHT. Funding decisions are made made are decisions Funding HHT. the from funding

an of part as or asset an of acquisition of cost the

the Trustee receive and review submissions for project project for submissions review and receive Trustee the

of part as recognised is Office Taxation Australian

of New South Wales Limited (the Trustee). Directors of of Directors Trustee). (the Limited Wales South New of

the from recoverable not is that purchaser a as

a Trustee, the Foundation for the Historic Houses Trust Trust Houses Historic the for Foundation the Trustee, a

Foundation the by incurred GST of amount the >

Wales Government. The Foundation is administered by by administered is Foundation The Government. Wales

the amount of GST except where: except GST of amount the

Wales (HHT) that are not funded by the New South South New the by funded not are that (HHT) Wales

Revenues, expenses and assets are recognised net of of net recognised are assets and expenses Revenues,

the activities of the Historic Houses Trust of New South South New of Trust Houses Historic the of activities the

) gst ( ax t ervices s and oods g e)

role is to encourage private and corporate support for for support corporate and private encourage to is role

2) and charitable tax concessions. The Foundation’s Foundation’s The concessions. tax charitable and 2)

acquisition.

fund with deductable gift recipient status (DGR item item (DGR status recipient gift deductable with fund

the date of acquisition plus costs incidental to the the to incidental costs plus acquisition of date the

generating units. The Foundation is a public ancillary ancillary public a is Foundation The units. generating

being the purchase consideration determined as at at as determined consideration purchase the being

profit is not its principal objective) and it has no cash- no has it and objective) principal its not is profit

Assets acquired are recorded at the cost of acquisition, acquisition, of cost the at recorded are acquired Assets

transferred. The Foundation is a non-profit entity (as (as entity non-profit a is Foundation The transferred.

cquisition of assets of cquisition a d)

Historic Houses Trust of NSW Foundation were were Foundation NSW of Trust Houses Historic

received in cash or in kind. in or cash in received October 2002 when all assets and liabilities of the the of liabilities and assets all when 2002 October

Donations – donations are recognised as and when when and as recognised are donations – Donations 14 November 2001 and commenced operating in in operating commenced and 2001 November 14

New South Wales (the Foundation) was formed on on formed was Foundation) (the Wales South New

accruals basis. accruals

The Foundation for the Historic Houses Trust of of Trust Houses Historic the for Foundation The

Interest revenue – interest revenue is recognised on an an on recognised is revenue interest – revenue Interest

eporting entity eporting r a) ncome recognition ncome i c)

OLICIES P to be insignificant. be to

NTING u CCO A IGNIFICANT S OF y MMAR Su 1 standards and interpretations and considers the impact the considers and interpretations and standards

Notes to and forming part of the financial statements financial the of part forming and to Notes

10 Report Annual ST u TR SES u HO ISTORIC H 11 > >

119

future bequests and donations. and bequests future

Funding for such projects will rely upon use of the unrestricted cash and interest earned on cash and cash equivalents, equivalents, cash and cash on earned interest and cash unrestricted the of use upon rely will projects such for Funding

investments. and cash unrestricted of balance current the of excess in is consideration under

projects of value and number The project. specific a to allocated been date current the at not have funds These (2)

The balance also includes a contingency fund of $50,000. of fund contingency a includes also balance The

HHT. the by forward put projects available of evaluation thorough a after made is allocation This identified.

projects the on used be to resolutions board with accordance in restricted specifically been have funds These (1)

2,876,822 2,925,417 funds unrestricted and restricted Total

88,467 160,803 (2) funds Unrestricted

2,788,355 2,764,614 funds restricted Total

50,000 – HHT – acquisitions General

– – 30,000 Classrooms Connected

– – 40,000 plan master Sydney of Museum

100,000 – domes Barracks Park Hyde

50,000 50,000 acquisitions Collection Research & Library Simpson Caroline

– – 50,000 Collection Park Throsby

21,642 01 17,9 HHT – payments Creditor

2,130,972 2,130,972 (donations) Fund Houses Endangered

395,741 395,741 Sydney of Museum

40,000 50,000 fund contingency Minimum

Restricted funds (1) funds Restricted

etails of restrictions of etails d

Total cash and cash equivalents cash and cash Total 2,876,822 2,925,417

National Australia Bank deposit deposit Bank Australia National 530,893 543,712

498,298 331,578 deposit Bank Macquarie

TCorp Hour-Glass Cash Facility Trust Trust Facility Cash Hour-Glass TCorp 1,744,364 2,015,672

Cash on hand and at bank bank at and hand on Cash 103,267 34,455

IVALENTS Equ ASH C AND ASH C 4

79 0 7,90 9,650 Total remuneration of auditors of remuneration Total

Trust of New South Wales Limited Limited Wales South New of Trust 2,100 2,100

Foundation for the Historic Houses Houses Historic the for Foundation

Trust of New South Wales Wales South New of Trust 5,800 0 55 7,

Foundation for the Historic Houses Houses Historic the for Foundation

Audit of the financial report report financial the of Audit

DITORS Au OF NERATION u REM 3

372,306 453,172 Total revenue Total

Other 14,641 23,241

Interest 79,229 148,638

Sponsorship 51,616 58,411

Donations 226,820 222,882

uE REVEN 2

$ $

2010 2011

FOUNDATION FOR THE YEAR ENDED 30 JUNE 2 JUNE 30 ENDED YEAR THE FOR WALES SOUTH NEW OF TRUST HOUSES HISTORIC THE FOR 011

10 Report Annual ST u TR SES u HO ISTORIC H oundation financial statements financial oundation F | 11 > >

120

Houses Trust of New South Wales Limited. Limited. Wales South New of Trust Houses

No Director of the Trust receives remuneration for his/her duties as a Director of the Foundation of the Historic Historic the of Foundation the of Director a as duties his/her for remuneration receives Trust the of Director No

Foundation. the and Trustee the between transactions no were There

rustee t the with ransactions t b)

7,411 10,772 entity controlling – payables Current

– – entity controlling – receivables Current

1,100,000 – HHT from repayment Loan

HHT to Contribution 191,000 186,000

ransactions with related entities related with ransactions t a)

$ $

2010 2011

available to other parties unless otherwise stated. otherwise unless parties other to available

Transactions between related parties are on normal commercial terms and conditions no more favourable than those those than favourable more no conditions and terms commercial normal on are parties related between Transactions

TRANSACTIONS y PART RELATED 8

Accumulated funds at the end of the financial period financial the of end the at funds Accumulated 2,859,668 2,926,214

Surplus for the year year the for Surplus 2,758 66,546

Balance at the beginning of the financial period period financial the of beginning the at Balance 2,856,910 2,859,668

NDS Fu LATED uMu ACC 7

Total current payables current Total 21,645 0 17,90

Other 4,616 13,358

payables Trade 70 9 17,02 4,542

ABLES y PA RRENT Cu 6

receivables current Total 4,491 18,967

Accrued interest on deposit deposit on interest Accrued 4,488 18,967

Prepayments – –

receivable GST 3 3 –

ECEIVABLES R RRENT Cu 5

$ $

2010 2011

FOUNDATION FOR THE YEAR ENDED 30 JUNE 2 JUNE 30 ENDED YEAR THE FOR WALES SOUTH NEW OF TRUST HOUSES HISTORIC THE FOR 011

10 Report Annual ST u TR SES u HO ISTORIC H 11 > >

121

Excludes statutory payables and unearned revenue. unearned and payables statutory Excludes

2

Disclosures).

Financial Instruments: Instruments: Financial B7 AAS of scope within not is, (that prepayments and receivables statutory Excludes

1

70 9 17,02 15,115 Payables

2

Class

liabilities Financial

– – cost) amortised (at receivables and Loans 6 assets financial Other

4,491 18,697 cost) amortised (at receivables and Loans 5 Receivables

1

2,876,822 2,925,417 N/A 4 equivalents cash and Cash

Class

Financial assets Financial

Financial instrument categories instrument Financial a)

$ $

2010 2011 Categories Notes

reviewed by the Finance and Legal Committee on a continual basis. continual a on Committee Legal and Finance the by reviewed

analyse the risks faced by the Foundation, to set risk limits and controls, and to monitor risks. Compliance with policies is policies with Compliance risks. monitor to and controls, and limits risk set to Foundation, the by faced risks the analyse

reviews and agrees policies for managing each of these risks. Risk management policies are established to identify and identify to established are policies management Risk risks. these of each managing for policies agrees and reviews

The Finance and Legal Committee has overall responsibility for the establishment and oversight of risk management, and management, risk of oversight and establishment the for responsibility overall has Committee Legal and Finance The

included throughout this financial report. financial this throughout included

objectives, policies and processes for measuring and managing risk. Further quantitative and qualitative disclosures are disclosures qualitative and quantitative Further risk. managing and measuring for processes and policies objectives,

The Foundation’s main risks arising from financial instruments are outlined below, together with the Foundation’s Foundation’s the with together below, outlined are instruments financial from arising risks main Foundation’s The

trade financial instruments, including derivative financial instruments, for speculative purposes. speculative for instruments, financial derivative including instruments, financial trade

Foundation’s operations or are required to finance the Foundation’s operations. The Foundation does not enter into or into enter not does Foundation The operations. Foundation’s the finance to required are or operations Foundation’s

The Foundation’s principal financial instruments are outlined below. These financial instruments arise directly from the from directly arise instruments financial These below. outlined are instruments financial principal Foundation’s The

MENTS u NSTR I INANCIAL F 10

Net cash from operating activities operating from cash Net (26,795) 48,595

Distribution to HHT HHT to Distribution (40,000) –

payables Current 9,157 (3,745)

(Increase)/decrease in liabilities: in (Increase)/decrease

receivables Current 1,290 (14,206)

(Increase)/decrease in assets: in (Increase)/decrease

Surplus for the year year the for Surplus 2,758 66,546

from operating activities operating from

econciliation of surplus for the year to net cash flows flows cash net to year the for surplus of econciliation r b)

equivalents cash and Cash 2,876,822 2,925,417

are reconciled to the related items in the statement of financial position as follows: follows: as position financial of statement the in items related the to reconciled are

equivalents at the end of the financial period as shown in the statement of cash flows flows cash of statement the in shown as period financial the of end the at equivalents

cash on hand and in banks and TCorp Hour-Glass deposits. Cash and cash cash and Cash deposits. Hour-Glass TCorp and banks in and hand on cash

For the purpose of the statement of cash flows, cash and cash equivalents include include equivalents cash and cash flows, cash of statement the of purpose the For

econciliation of cash and cash equivalents cash and cash of econciliation r a)

FLOWS CASH OF TATEMENT S TO NOTES 9

$ $

2010 2011

FOUNDATION FOR THE YEAR ENDED 30 JUNE 2 JUNE 30 ENDED YEAR THE FOR WALES SOUTH NEW OF TRUST HOUSES HISTORIC THE FOR 011

10 Report Annual ST u TR SES u HO ISTORIC H oundation financial statements financial oundation F | 11 > >

122

None of these assets are past due or impaired. or due past are assets these of None

$1,047,000 (2010: $992,000). $992,000). (2010: $1,047,000

average interest rate over the year was 4.41% (2010 at 3.91%) on a weighted average balance during the year of of year the during balance average weighted a on 3.91%) at (2010 4.41% was year the over rate interest average

The term deposits at balance date were earning an average interest rate of 5.37% (2010 at 3.88%). The weighted weighted The 3.88%). at (2010 5.37% of rate interest average an earning were date balance at deposits term The

the term of the deposit, while the interest rate payable on at call deposits may vary. may deposits call at on payable rate interest the while deposit, the of term the

placed ‘at call’ or for a fixed term. For fixed term deposits, the interest rate payable is negotiated initially and is fixed for for fixed is and initially negotiated is payable rate interest the deposits, term fixed For term. fixed a for or call’ ‘at placed

been rated ‘A1/A’ by Standard and Poor’s. These deposits are similar to money market or bank deposits and can be be can and deposits bank or market money to similar are deposits These Poor’s. and Standard by ‘A1/A’ rated been

The Foundation had funds on deposit with various Australian incorporated banks including Macquarie Bank, which has has which Bank, Macquarie including banks incorporated Australian various with deposit on funds had Foundation The

Authority deposits Authority

Statutory receivables are excluded as these are not within the scope of AASB 7. 7. AASB of scope the within not are these as excluded are receivables Statutory

renegotiated.

the total trade debtors. There are no debtors that are currently not past due or impaired whose terms have been been have terms whose impaired or due past not currently are that debtors no are There debtors. trade total the

Based on past experience, debtors that are not past due are not considered impaired and these represent 100% of of 100% represent these and impaired considered not are due past not are that debtors experience, past on Based

The Foundation is not materially exposed to concentrations of credit risk to a single trade debtor or group of debtors. debtors. of group or debtor trade single a to risk credit of concentrations to exposed materially not is Foundation The

No interest is earned on trade debtors. Sales are made on 30-day terms. 30-day on made are Sales debtors. trade on earned is interest No

includes past experience, and current and expected changes in economic conditions and debtor credit ratings. ratings. credit debtor and conditions economic in changes expected and current and experience, past includes

is raised when there is objective evidence that the entity will not be able to collect all amounts due. This evidence evidence This due. amounts all collect to able be not will entity the that evidence objective is there when raised is

including letters of demand. Debts that are known to be uncollectable are written off. An allowance for impairment impairment for allowance An off. written are uncollectable be to known are that Debts demand. of letters including

an ongoing basis. Procedures as established in the Treasurer’s Directions are followed to recover outstanding amounts, amounts, outstanding recover to followed are Directions Treasurer’s the in established as Procedures basis. ongoing an

All trade debtors are recognised as amounts receivable at balance date. Collectability of trade debtors is reviewed on on reviewed is debtors trade of Collectability date. balance at receivable amounts as recognised are debtors trade All

Receivables – trade debtors trade – Receivables

bank. The TCorp Hour-Glass cash facility is discussed in Note 10(d) below. 10(d) Note in discussed is facility cash Hour-Glass TCorp The bank.

Cash comprises cash on hand and bank balances. Interest is earned on daily bank balances at the daily rate set by the the by set rate daily the at balances bank daily on earned is Interest balances. bank and hand on cash comprises Cash

Cash

standards.

of counterparties, limiting exposure to any particular counterparty, and the establishment of minimum credit rating rating credit minimum of establishment the and counterparty, particular any to exposure limiting counterparties, of

Credit risk associated with the Foundation’s financial assets, other than receivables, is managed through the selection selection the through managed is receivables, than other assets, financial Foundation’s the with associated risk Credit

No collateral is held by the Foundation. The Foundation has not granted any financial guarantees. financial any granted not has Foundation The Foundation. the by held is collateral No

Credit risk arises from the financial assets of the Foundation, including cash, receivables and authority deposits. deposits. authority and receivables cash, including Foundation, the of assets financial the from arises risk Credit

carrying amount of the financial assets (net of any allowance for impairment). for allowance any of (net assets financial the of amount carrying

resulting in a financial loss to the Foundation. The maximum exposure to credit risk is generally represented by the the by represented generally is risk credit to exposure maximum The Foundation. the to loss financial a in resulting

Credit risk arises when there is the possibility of the Foundation’s debtors defaulting on their contractual obligations, obligations, contractual their on defaulting debtors Foundation’s the of possibility the is there when arises risk Credit

Credit risk Credit b)

FOUNDATION FOR THE YEAR ENDED 30 JUNE 2 JUNE 30 ENDED YEAR THE FOR WALES SOUTH NEW OF TRUST HOUSES HISTORIC THE FOR 011

10 Report Annual ST u TR SES u HO ISTORIC H 11 > >

123

The Foundation has no exposure to foreign currency risk and does not enter into commodity contracts. commodity into enter not does and risk currency foreign to exposure no has Foundation The

movement in the unit price of the Hour-Glass Investment Facilities. Facilities. Investment Hour-Glass the of price unit the in movement

in market prices. The Foundation’s exposure to market risk is primarily through interest rate risk associated with the the with associated risk rate interest through primarily is risk market to exposure Foundation’s The prices. market in

Market risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes changes of because fluctuate will instrument financial a of flows cash future or value fair the that risk the is risk Market

arket risk arket m d)

position. financial of statement the to reconcile not may therefore

The amounts disclosed are the contractual undiscounted cash flows of each class of financial liabilities and and liabilities financial of class each of flows cash undiscounted contractual the are disclosed amounts The

1

17,029 17,029 17,029 Payables

010 2

15,115 15,115 15,115 Payables

011 2

rate interest

bearing rate rate effective

interest interest interest amount average

1

yrs 5 > yrs 1–5 yr 1 < Non- Variable Fixed Nominal Weighted

Maturity analysis and interest rate exposure of financial liabilities financial of exposure rate interest and analysis Maturity

rate exposure. rate

The table below summarises the maturity profile of the Foundation’s financial liabilities, together with the interest interest the with together liabilities, financial Foundation’s the of profile maturity the summarises below table The

to award interest for late payment. No interest was paid during the year (2009–10, nil). (2009–10, year the during paid was interest No payment. late for interest award to

following the month in which an invoice or a statement is received. Treasurer’s Direction 219.01 allows the minister minister the allows 219.01 Direction Treasurer’s received. is statement a or invoice an which in month the following

Treasurer’s Directions 219.01. If trade terms are not specified, payment is made no later than the end of the month month the of end the than later no made is payment specified, not are terms trade If 219.01. Directions Treasurer’s

not invoiced. Amounts owing to suppliers (which are unsecured) are settled in accordance with the policy set out in in out set policy the with accordance in settled are unsecured) are (which suppliers to owing Amounts invoiced. not

The liabilities are recognised for amounts due to be paid in the future for goods or services received, whether or or whether received, services or goods for future the in paid be to due amounts for recognised are liabilities The

periods’ data and current assessment of risk. of assessment current and data periods’

have been pledged as collateral. The Foundation’s exposure to liquidity risk is deemed insignificant based on prior prior on based insignificant deemed is risk liquidity to exposure Foundation’s The collateral. as pledged been have

and flexibility. During the current and prior years there were no defaults or breaches on any loans payable. No assets assets No payable. loans any on breaches or defaults no were there years prior and current the During flexibility. and

adequate holding of high quality liquid assets. The objective is to maintain a balance between continuity of funding funding of continuity between balance a maintain to is objective The assets. liquid quality high of holding adequate

The Foundation continually manages risk through monitoring future cash flows and maturities planning to ensure ensure to planning maturities and flows cash future monitoring through risk manages continually Foundation The

Liquidity risk is the risk that the Foundation will be unable to meet its payment obligations when they fall due. due. fall they when obligations payment its meet to unable be will Foundation the that risk the is risk Liquidity

iquidity risk iquidity l c)

FOUNDATION FOR THE YEAR ENDED 30 JUNE 2 JUNE 30 ENDED YEAR THE FOR WALES SOUTH NEW OF TRUST HOUSES HISTORIC THE FOR 011

10 Report Annual ST u TR SES u HO ISTORIC H oundation financial statements financial oundation F | 11 > >

124

external custodian. external

as manager for part of the cash facility. A significant portion of the administration of the facilities is outsourced to an an to outsourced is facilities the of administration the of portion significant A facility. cash the of part for manager as

the performance and risks of each facility in accordance with a mandate agreed to by the parties. However, TCorp acts acts TCorp However, parties. the by to agreed mandate a with accordance in facility each of risks and performance the

administer the trusts in accordance with the trust deeds. As trustee, TCorp has appointed external managers to manage manage to managers external appointed has TCorp trustee, As deeds. trust the with accordance in trusts the administer

NSW TCorp is trustee for each of the above facilities and is required to act in the best interests of the unit holders and to to and holders unit the of interests best the in act to required is and facilities above the of each for trustee is TCorp NSW

nit prices are calculated and published daily. published and calculated are prices nit u facility. that for issue on units

The unit price of the facility is equal to the total fair value of the net assets held by the facility divided by the number of number the by divided facility the by held assets net the of value fair total the to equal is facility the of price unit The

17,444 17,444 2,015,671 +/-1% Cash Investment Hour-Glass

$ $

2010 2011 price unit in Change sectors Investment Facility

1,744,364 1,744,364 2,015,672 years 1.5 to p u instruments market money Cash, facility Cash

$ $

2010 2011 horizon Investment sectors Investment Facility

holds units in the following Hour-Glass investment trusts. investment Hour-Glass following the in units holds

are held for strategic rather than trading purposes. The Foundation has no direct equity investments. The Foundation The investments. equity direct no has Foundation The purposes. trading than rather strategic for held are

Exposure to ‘other price risk’ primarily arises through the investment in the TCorp Hour-Glass investment facilities, which facilities, investment Hour-Glass TCorp the in investment the through arises primarily risk’ price ‘other to Exposure

Other price risk – NSW TCorp Hour-Glass facilities Hour-Glass TCorp NSW – risk price Other

– – – – 9 17,02 Payables

liabilities Financial

assets financial Other – – – – – –

– – – – – 4,488 Receivables

28,768 28,768 (28,768) (28,768) 2,876,822 equivalents cash and Cash

assets Financial

2010

– – – – – 15,115 Payables

liabilities Financial

assets financial Other – – – – – –

– – – – – 18,967 Receivables

66,545 66,545 66,545 66,545 2,925,417 equivalents cash and Cash

assets Financial

2011

Equity Profit Equity Profit amount Carrying

1% -1%

a structural change in the level of interest rate volatility. The Foundation’s exposure to interest rate risk is set out below. out set is risk rate interest to exposure Foundation’s The volatility. rate interest of level the in change structural a

is used, consistent with current trends in interest rates. The basis will be reviewed annually and amended where there is is there where amended and annually reviewed be will basis The rates. interest in trends current with consistent used, is

instruments, a change in interest rates would not affect profit or loss or equity. A reasonably possible change of +/- 1% 1% +/- of change possible reasonably A equity. or loss or profit affect not would rates interest in change a instruments,

financial these for Therefore available-for-sale. as or loss or profit through value fair at instruments financial rate

by undertaking mainly fixed rate borrowings, primarily with NSW TCorp. The Foundation does not account for any fixed fixed any for account not does Foundation The TCorp. NSW with primarily borrowings, rate fixed mainly undertaking by

Exposure to interest rate risk arises primarily through the Foundation’s interest-bearing liabilities. This risk is minimised minimised is risk This liabilities. interest-bearing Foundation’s the through primarily arises risk rate interest to Exposure

Interest rate risk rate Interest

FOUNDATION FOR THE YEAR ENDED 30 JUNE 2 JUNE 30 ENDED YEAR THE FOR WALES SOUTH NEW OF TRUST HOUSES HISTORIC THE FOR 011

10 Report Annual ST u TR SES u HO ISTORIC H 11 > >

125

TATEMENTS S INANCIAL F DITED Au OF ND E

0% 0% D/A fundraising from income gross to provided services of Cost

0% 0% D/(B+D) expenditure total to provided services of Cost

87% 88% C/A fundraising from income gross to fundraising from surplus Net

13% 12% B/A fundraising from income gross to fundraising of Cost

ratios and figures Comparative

191,000 191,000 186,000 HHT to Distributions

applied are moneys appeal How

List of all forms of appeals – events and appeals and events – appeals of forms all of List

241,888 571 247,

241,888 241,888 571 247, funds accumulated to/(from) Transferred

– – – D provided services of Cost

241,888 571 247, C fundraising from surplus Net

(36,548) (33,722) expenses) administration (excluding fundraising of Cost B B

fundraising from income Gross 278,436 281,293 A

Sponsorship 51,616 51,616 58,411

Donations 226,820 226,820 222,882

$ $

2010 2011

events were conducted during the year and the results are as follows: as are results the and year the during conducted were events

The Foundation receives many donations as a result of its day-to-day activities. In addition, other special fundraising special other addition, In activities. day-to-day its of result a as donations many receives Foundation The

Results of fundraising activities fundraising of Results

CTIVITIES A AISING R ND Fu HARITABLE C 11

value, because of the short-term nature of many of the financial instruments. financial the of many of nature short-term the of because value,

‘redemption’ pricing. The amortised cost of financial instruments recognised in the balance sheet approximates the fair fair the approximates sheet balance the in recognised instruments financial of cost amortised The pricing. ‘redemption’

value of the underlying assets of the facility, based on the market value. All of the Hour-Glass facilities are valued using using valued are facilities Hour-Glass the of All value. market the on based facility, the of assets underlying the of value

measured at fair value. As discussed, the value of the Hour-Glass investments is based on the Foundation’s share of the the of share Foundation’s the on based is investments Hour-Glass the of value the discussed, As value. fair at measured

Financial instruments are generally recognised at cost, with the exception of the TCorp Hour-Glass facilities, which are are which facilities, Hour-Glass TCorp the of exception the with cost, at recognised generally are instruments Financial

Fair value Fair e)

(balance from Hour-Glass statement). Hour-Glass from (balance

change in unit price (as advised by TCorp) multiplied by the redemption value as at 30 June each year for each facility facility each for year each June 30 at as value redemption the by multiplied TCorp) by advised (as price unit in change

in unit price impacts directly on profit (rather than equity). A reasonably possible change is based on the percentage percentage the on based is change possible reasonably A equity). than (rather profit on directly impacts price unit in

The TCorp Hour-Glass investment facilities are designated at fair value through profit or loss and therefore any change change any therefore and loss or profit through value fair at designated are facilities investment Hour-Glass TCorp The

volatility information collected over a ten-year period, quoted at two standard deviations (that is, 95% probability). 95% is, (that deviations standard two at quoted period, ten-year a over collected information volatility

NSW TCorp provides sensitivity analysis information for each of the investment facilities, using historically based based historically using facilities, investment the of each for information analysis sensitivity provides TCorp NSW

of funds with different investment horizons and a mix of investments. of mix a and horizons investment different with funds of

Investment in the Hour-Glass facilities limits the Foundation’s exposure to risk, as it allows diversification across a pool pool a across diversification allows it as risk, to exposure Foundation’s the limits facilities Hour-Glass the in Investment

FOUNDATION FOR THE YEAR ENDED 30 JUNE 2 JUNE 30 ENDED YEAR THE FOR WALES SOUTH NEW OF TRUST HOUSES HISTORIC THE FOR 011

10 Report Annual ST u TR SES u HO ISTORIC H oundation financial statements financial oundation F | 11 > > HISTORIC HOuSES TRuST Annual Report 10 > 11

Index

Aboriginal communities, Exhibitions 16, 20–1 Partnerships 14 working with 14 Exhibitions Advisory Committee 54 Personnel policies and practices 60 Access, public 16–18 Financial information 70–125 Privacy Management Plan 58 Admission fees 56 Foundation 110–125 Properties 35–41 Annual report printing costs 59 Foundation for the Historic Houses Trust Opening times 127 Associated groups 56 of New South Wales 49, 56 See also Caroline Simpson Library Audience 18 Financial information 110–125 & Research Collection, Elizabeth Bay Audit and Risk Committee 54 Fundraising 57–8 House, Elizabeth Farm, Government Audit reviews 29, 62 House, Hyde Park Barracks Museum, Auditor’s reports 73, 112–14 Glenfield 43 Justice & Police Museum, Meroogal, Awards 23, 26, 28 Government House 24, 37 Museum of Sydney, Rose Seidler Government information 59 House, Rouse Hill House & Farm, Beulah 43 Grants 57 Susannah Place Museum, The Mint, Vaucluse House Caroline Simpson Library & Research Heritage & Portfolio Group 47 Properties list 35 Collection 18, 30, 42 Heritage management 34 Public programs 18 Chairman’s overview 8–9 Human resources 60–1 Publications 16 Collections 18, 24–5, 30, 34, 42 Hyde Park Barracks Museum 24, 37 Publications Committee 55 Collections Valuation Committee 54 domes 24 Commendation 17, 23 Records 59 Commercial & Marketing Services IT Strategic Planning Committee 55 Regional presence 16 Group 48 Insurance 62 Risk management 29, 62 Commercial Leases Committee 54 Rose Seidler House 38 Committees 48, 54–6 Joint Consultative Committee 55 Rouse Hill House & Farm 24, 27, 39 Conservation 24–6 Justice & Police Museum 37 Visitor Centre 14, 24, 27 Conservation projects 24 Rouse Hill Hamilton Collection Pty Ltd 56 Consumer response 59 Land disposal 59 Creative Services Group 47 Legal change 59 Salaries and wages 60 Credit card certification 62 Security Committee 55 Cultural diversity 18 Maintenance 26 Self-generated income 27, 57 Management Group 45, 53–4 Special donations 57 Delegations 62 Media coverage 23, 27 Sponsors 57 Director and Management Group 45, 53 Members of the Historic Houses Trust Staff and Management Participatory & Director’s overview 10–11 of New South Wales 49, 56, 67 Advisory Committee (SAMPAC) 55–6 Disability Action Plan 58 Meroogal 38 Staff 64–7 Moruya manse 44 Staff distribution 61 Education 17 Multicultural Policies and Services Staff skills and training 29 Connected classrooms program Program 58 Susannah Place Museum 39 16–17 Museum of Sydney 38 Education Advisory Committee 54 The Mint 36 Electronic service delivery 59 Nissen hut 44 See also Caroline Simpson Library Elizabeth Bay House 36 & Research Collection Elizabeth Farm 36 Occupational Health & Safety (OH&S) Throsby Park 44 Endangered Houses Fund 25–6, 42–4, 29, 60 –1 Travelling exhibitions 21–2 56, 67 Occupational Health & Safety (OH&S) Trustees 45, 52 Endangered Houses Fund Committee 54 Committee 55 Environmental management Operations Group 48 Vaucluse House 39 sustainability 27–8 Organisational chart 46 Visitation 19–22, 40–1 Equal Employment Opportunity 61 Outreach 23 Volunteers 15, 49, 67 Ethical standards 58 Overseas travel 61 Volunteers Forum 56 Events 20 Exeter Farm 25–6, 43 Paid admissions 19–21 Website 17

126 HISTORIC HOuSES TRuST Annual Report 10 > 11 | Contacts

Contacts

All properties are closed Good Government House Museum of Sydney Friday and Christmas Day Macquarie Street on the site of first Government House Sydney NSW 2000 Cnr Bridge and Phillip streets Historic Houses Trust of T 02 9931 5222 Sydney NSW 2000 New South Wales F 02 9931 5208 T 02 9251 5988 Head Office House open Friday to Sunday F 02 9251 5966 The Mint 10.30am–3pm Open daily 9.30am–5pm 10 Macquarie Street Access by guided tour only Schools and booked groups by arrangement Sydney NSW 2000 Grounds open daily 10am–4pm Rose Seidler House T 02 8239 2288 Schools and booked groups by arrangement 71 Clissold Road F 02 8239 2299 Hyde Park Barracks Museum Wahroonga NSW 2076 E [email protected] T 02 9989 8020 Open Monday to Friday 9am–5pm Queens Square F 02 9487 2761 Infoline 02 8239 2442 Macquarie Street Open Sunday 10am–5pm TTY 02 8239 2377 Sydney NSW 2000 Schools and booked groups by arrangement www.hht.net.au T 02 8239 2311 F 02 8239 2322 Rouse Hill House & Farm Caroline Simpson Library Open daily 9.30am–5pm 356 Annangrove Road & Research Collection Schools and booked groups by arrangement (PO Box 3123) The Mint Justice & Police Museum Rouse Hill NSW 2155 10 Macquarie Street T 02 9627 6777 Sydney NSW 2000 Cnr Albert and Phillip streets F 02 9627 6776 T 02 8239 2233 NSW 2000 Wednesday to Sunday 9.30am–4.30pm F 02 8239 2433 T 02 9252 1144 (Bookings advisable) E [email protected] F 02 9252 4860 Schools and booked groups by arrangement http://library.hht.net.au Open daily 9.30am–5pm Open Monday to Friday 10am–5pm Schools and booked groups by arrangement Susannah Place Museum 58–64 Gloucester Street Elizabeth Bay House Meroogal The Rocks NSW 2000 7 Onslow Avenue Cnr West and Worrigee streets T 02 9241 1893 Elizabeth Bay NSW 2011 Nowra NSW 2541 F 02 9241 2608 T 02 9356 3022 T 02 4421 8150 Open Monday to Friday 2–6pm, F 02 9357 7176 F 02 4421 2747 weekends and Open Friday to Sunday 9.30am–4pm Open Saturday 1pm–5pm NSW school holidays 10am–6pm Schools and booked groups by arrangement and Sunday 10am–5pm Open Friday to Sunday 10am–5pm Winter closing 5pm Elizabeth Farm in January Admission by guided tour only 70 Alice Street Access by guided tour only, Schools and booked groups by arrangement Rosehill NSW 2142 on the hour Vaucluse House T 02 9635 9488 Schools and booked groups by arrangement Wentworth Road F 02 9891 3740 Vaucluse NSW 2030 Open Friday to Sunday 9.30am–4pm T 02 9388 7922 Daily in January, during NSW school F 02 9337 4963 holidays and NSW public holidays Open Friday to Sunday 9.30am–4pm Schools and booked groups by arrangement Daily in January, during NSW school holidays and NSW public holidays Schools and booked groups by arrangement

127 production credits

Editors Philippa Ardlie Julie Turpie Copyeditor Rhiain Hull Design Cathy Osborne Picture rights & permissions Alice Livingstone Printer Group Momentum Paper stock Sovereign offset digital

inside back cover: Miss Fox (Belinda Mitrovich) teaching a class in the old schoolhouse, Rouse Hill House & Farm Open Day, photograph © HHT

128