Annual Report 2018 THE BRISBANE GOLF CLUB INC. Contents Office Bearers & Committee 2018 04 President’s Report 06 Finance Report 09 Course Report 10 Match Report 12 Honour Board & Major Event Winners 14 Member Services Report 16 Facilities Report 18 Membership Category List 19 Financial Statements 20 Notes to the Financial Statements 24 General Committee’s Declaration 38 Independent Audit Report 40 Attachments to the Financial Statements 42 List of Members Men as of 30 September 2018 46 Ladies as of 30 September 2018 56 The Brisbane Golf Club Inc. 70 Tennyson Memorial Avenue, Yeerongpilly Telephone (07) 3848 1008 www.brisbanegolfclub.com.au Office Bearers & Committee 2018 Committee President – Phil Wikman Vice-President – Mark Deuble Hon. Treasurer – Geoff Moore Captain – Stephen Deane Vice-Captain – Alistair McNee Committee – Catherine Hammond Committee - Paul O’Callaghan Committee – Gerry O’Shaughnessy Committee – Andrew Slack General Manager Mr Geoff Kuehner President Vice-President Hon. Treasurer Phil Wikman Mark Deuble Geoff Moore Finance, Audit & Governance Sub-Committee Geoff Moore (Chair) Phil Wikman Course Sub-Committee Paul O’Callaghan (Chair) Stephen Deane, Alistair McNee Match Sub-Committee Stephen Deane (Chair) Alistair McNee, Andrew Slack Captain Vice-Captain Committee Stephen Deane Alistair McNee Catherine Hammond Member Services Sub-Committee Mark Deuble (Chair) Phil Wikman Facilities Sub-Committee Catherine Hammond (Chair) Gerry O’Shaughnessy The President, Captain and Hon. Treasurer are ex-officio members of all Sub-Committees. Committee Committee Committee *Nick Woodley resigned as Captain on 12 March 2018. Paul O’Callaghan Gerry O’Shaughnessy Andrew Slack 04 05 President’s Report On behalf of the General Committee it is an environment that embraces all members last of our three-year commitment with Golf to consider workplace health & safety concerns my pleasure to present the 122nd Annual and supports their involvement in the Club. Queensland to host the event and we have not sort raised by staff and members. Led by Catherine Report to members of The Brisbane Golf Club. to extend that agreement. I am sure that at the Hammond, this group receives regular updates Our golf course has drawn a lot of focus in recent right time the event will return to our Club. With from our external workplace consultant and makes The membership of the Club remained strong years as we changed to a new green surface the removal of the Open from the Club’s calendar recommendations to the general Committee for throughout the year and following recent amongst other developments. 2018 was to be the we plan to return the commencement of our safety improvements as required. The Committee renewals. As happens annually some members transition year moving from green replacement end of year maintenance work to October 2019. is keenly aware of the need to provide a safe leave the Club providing vacancies in a number to a broader maintenance and upkeep program. environment for our members, guests and staff. of membership categories and timesheets. The year started in difficult circumstances with The Club’s finances have been well planned and It is always disappointing to hear of incidents Whilst we will welcome new members to the significant patching of foreign grass across controlled by our management team overseen around the Club where someone has been the Club over the next year it is not our 12 greens. This was an enormous task that by the finance sub-committee led by Hon. injured or hurt. Every incident is considered, intention to take membership numbers back led us to overreach on that repair work. Whilst Treasurer, Geoff Moore. The Club has reported a investigated as needed and where necessary to recent highs. This should assist members well considered and intentioned, the work was strong performance from its various departments changes made to reduce the possibility of the accessing tee times and is consistent with the demanding on our staff and course management across the year achieving EBITDA of $720,744 incident reoccuring. Everyone in the Club should presentation to members at the August EGM. and led to less than ideal outcomes. The foreign and a small operating profit after interest and take an interest in making our environment grass remains a concern as we move to address depreciation are considered. These results are and their personal experience at the Club safer. Earlier this year we invited our members to remaining greens over the upcoming summer. in line with projections presented to members contribute their views on a range of elements Whilst the workload will not be as significant we at the August EGM. The subscription increases Work will soon begin on planning for the affecting their enjoyment of the Club. We are mindful of achieving the most we can within supported by the members will enable the Club refurbishment of locker rooms within the Club. received a very strong response from 520 our capacity this year. Foreign grass will not to reduce its dependence on external corporate We were also recently successful in obtaining members who openly shared their opinions and magically disappear so we must be more diligent golf income and enable the pursuit of plans for the a grant that will enable us to create a bathroom recommendations. This provided an excellent basis in fighting this in its infancy across the year. upgrading of irrigation and other developments facility in the members’ lounge that can be on which to approach our future plans for the Club around the course and Club. We have commenced accessed by all members. New furniture and minor and communication of these plans to members. Through the winter the course remained below the planning process for these necessary works. upgrades around the Club have created a more Following a presentation at the August EGM where its best and we welcomed the steady rain in welcoming environment for members and guests. the proposed projects were outlined, the necessary September that lifted all areas. There is a very Social events in the Club are many and varied and increases to subscription levels were strongly clear maintenance program developed by the are open to all members. In 2017 we welcomed As a Club that prides itself on its golf culture it was supported. The Committee is now progressing course sub-committeee led by Paul O’Callaghan members and guests to a Club Family Christmas pleasing to again see the success of our male and with plans to implement projects as funding in conjunction with the Club’s management which was strongly supported and appreciated female teams in pennants. Our men won back to allows. The largest project, the replacement of the team. This program is being actioned over by many members. In 2018 we will see the back Division 1 BDGA Pennants whilst our ladies Club’s aging irrigation network, is anticipated to the coming months and we are confident will Christmas festivities return. Throughout the year won the Gold 1 and Silver 3 Pennants in the commence in the second half of the 2019 calendar lead to a better course from the opening of we enjoyed champagne and whisky nights, four BDLGA. It is also pleasing to see the emergence year with course works beginning in 2020. the new golfing season. There is a lot to be evenings of Nine and Dine, a Melbourne Cup, a of junior and peewee golf on Saturday afternoons achieved but we believe we are well placed. Christmas in July, Mothers’ Day, Fathers’ Day, a and the development of our younger members. The membership services sub-committee Trivia Night and a Winemaker versus Beermaker We currently have 85 junior members and our have also engaged strongly with members At the end of October we welcomed players event with food magnificently created by our Junior Academy Programs are often at capacity. through golfing and social events whilst to the Isuzu Queensland Open, the 21st to be Executive Chef Frederick Marechal under the Through our association with Golf Queensland and promoting the Club to new members. Capably played at our Club. We also welcomed a young service guidance of Rudy Cheong. All of these in particular the Queensland Academy of Sport, we led by Mark Deuble the sub-committee thrived amateur, Becky Kay, who became the first events were delivered amongst the many have associated ourselves with golf excellence. with representatives from key membership female to qualify in the tournament’s history. other functions at the Club including weddings, Our own golf events were strongly contested and categories across the Club absorbing feedback This attracted more than a little interest from formals, birthday celebrations and other company celebrated afterwards. I would like to acknowledge from our membership. Membership numbers media groups which led to the event and the Club events held during the year. It has been a busy Stephen Cox and Lisa Edgar the men’s and ladies’ remain at around historical levels despite being showcased broadly including on national year for the management and function team. respective Club Champions in 2018. I would also the challenges facing golf clubs across the television. The event again ran very well and the congratulate all of the winners of the honour country, indeed the world. It is the General feedback from organisers and players alike was The Club’s facilities’ sub-committee has met board, major and weekly competitions for the Committee’s intention to maintain and promote very complimentary of the Club. This was the regularly to discuss issues facing the Club and way you competed and succeeded. All of those 06 07 Finance Report events have been contested in a respectful and led our men’s pennant team to success. His Our financial performance during the 2017-2018 the financial aspects of the Clubs operations.