ANNUAL REPORT 1 BOARD of Directors
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THE ENTRANCE LEAGUES CLUB LTD ABN 86 002 501 313 2013 ANNUAL REPORT 1 BOARD OF directors Email [email protected] Website www.telclub.com.au D. L. Hart P. J. Andrews D. Russell President Vice President Vice President V. P. Mitchell F. Hartup P. Dawson Treasurer Director Director G. Nixon G.W. RimmerDawes G. Josephs Director Director Director G. Rimmer M. Chaffey Director Chief Executive Officer 2 LIFE MEMBERS 2013 LIFE MEMBERS (DECEASED) LIFE MEMBERS (LIVING) COONEY Charles ANDREWS Phil COONEY Glad ATKINS Ernest (Bill) FRANCIS Austin BATES Mick HOSFORD Colin CATTS Ron HUGHES John COTTERILL John JONES Jack FORBES Jamy KEAR Ken HART David LAKE Arthur HART Patrick PARSONS Mary McCUDDEN Pat RYAN Charles McSWEENY Steve SMITH Terry MITCHELL Vince STEWART Alan NELSON Gary STEWART Bruce PARSONS Ray STEWART Ethel RICE Ian SWADLING Roy RIMMER Garry WHYTE Robert ROSEWELL Rod SELLERS Ken STOCKWELL Jim SWADLING Col TATTAM Mick THURSTON Col WATKINS Alan WILLIAMS Mick 3 CONTENTS FULL FINANCIAL REPORTS Board of Directors 2 Commensurate with the objective Life Members 3 of reducing Club expenses, the Notice of Annual General Meeting 5 Board wishes to advise this President’s Report 7 Financial Report, as contained in Treasurer’s Report 9 the 2013 Annual Report, has been Chief Executive Officer’s Report 10 consolidated. Financial Members Testimonial to Ken Eckford 12 who wish to obtain a copy of the Director’s Report 13 Full Financial Report are advised Auditor’s Independence Declaration 17 copies of the Full Report are Statement of Comprehensive Income 18 available from the Club. Statement of Financial Position 19 Statement of Changes in Members Funds 20 Members will be required to display Statement of Cash Flows 21 your current Membership Card to Notes to the Financial Statements 22 receive a copy. Directors’ Declaration 37 Independent Audit Report 38 Thank You to all the Current Staff Members 40 Responsible Service of Alcohol 41 Sports Reports 42 Tigers Football Report 48 Awards 50 Team Photos 51 Donations 53 Sponsorship Back Page CLUB’S HOURS OF OPERATION Monday 9am - 11.00pm Tuesday 9am - 11.00pm Wednesday 9am - 11.00pm Thursday 9am - 12 midnight Friday 9am - 2.00am Saturday 9am - 1.00am Sunday 9am - 11.00pm The above times may vary due to functions, and the discretion of the Duty Managers. 4 NOTICE of annual general meeting THE ENTRANCE LEAGUES CLUB LIMITED ABN 86 002 501 313 NOTICE OF ANNUAL GENERAL MEETING NOTICE is hereby given that at the next Annual General Meeting of The Entrance Leagues Club Limited which is to be held on Monday February 24th, 2014 commencing at the hour of 7.00pm at the premises of the Club, 3 Bay Village Rd, Bateau Bay, New South Wales, where the members will be asked to consider and if thought fit pass the following Life Member Nominations and Ordinary Resolutions, along with the following Agenda items. BUSINESS 1. To confirm minutes of the previous Annual General Meeting held Monday February 25th, 2013. 2. Receive and consider the Balance Sheet, and Income and Expenditure Account and the Report from the Auditor for the Year End 30th September 2013. 3. To elect the Board of Directors for the ensuing year. 4. To deal with business of which due notice has been given. 4.1 Life Member Nominations: MR DON RUSSELL, MEMBERSHIP No: 15 Moved D Hart Seconded G Rimmer at the March 26th, 2013 Board of Directors Meeting that Mr Don Russell be recommended to the Members for Life Membership of The Entrance Leagues Club. MR PAUL WESTWOOD, MEMBERSHIP No: 2207 Moved G Nixon Seconded F Hartup at the July 30th, 2013 Board of Directors Meeting that Mr Paul Westwood be recommended to the Members for Life Membership of The Entrance Leagues Club. 5. Ordinary Resolutions: to consider, and if thought fit, to pass the following Seven (7) Ordinary Resolutions. ORDINARY RESOLUTION 1: That Directors and disabled persons be entitled to specific parking spaces in the Club’s car park. ORDINARY RESOLUTION 2: That until the next Annual General Meeting of the Club, provision be made from the Club’s funds not exceeding $6,000.00 for the reasonable cost of providing each Director as the Board shall from time to time approve, a Club uniform, formal wear or other clothing to be worn at Club functions and whilst attending to or carrying out any duties in relation to the Club whether at the premises of the Club or elsewhere. ORDINARY RESOLUTION 3: That until the next Annual General Meeting of the Club, provision be made from the Club’s funds not exceeding $6,000.00 for a Christmas Function for the Directors and their partners, Club Management and their partners and Special Guests of the Directors. 5 NOTICE of annual general meeting continued ORDINARY RESOLUTION 4: That until the next Annual General Meeting of the Club, provision be made from the Club’s funds not exceeding $35,000.00 for the reasonable cost of food, travel, accommodation, registration fees or subscriptions incurred by Directors attending trade shows or displays, seminars, conferences, meetings, other registered Club’s or other similar facilities to view or access their facilities or operational systems, or sporting community, charity or other special functions, provided by the Board has resolved that any such activity is for the betterment of the Club and in the course of the duties of the relevant person or persons. ORDINARY RESOLUTION 5: That Directors be entitled to a meal and coffee at any Board Meeting of the Club and to a meal when entertaining special guests of the Club provided the same is provided by the Club. ORDINARY RESOLUTION 6: That the Club meet the cost of any Director’s Indemnity Insurance or Insurance for Management, which the Board has resolved is reasonably necessary for the personal protection of such Director or Manager in the carrying out of their duties or functions as such Director or Manager. ORDINARY RESOLUTION 7: That Directors on the Board of Directors of the Club and those Members who are also Members of The Entrance Rugby League Football Club Committee be allowed to use the Club’s Gym Facility which is located at 3 Bay Village Road Bateau Bay, at such times as determined by the Club. 7. To deal with any other business that the meeting may approve of which notice has not been given. NOTE TO MEMBERS: Under the Registered Clubs Act, a member cannot derive directly or indirectly any profit, advantage or benefit that is not offered equally to all members, unless certain requirements are met. The resolutions ensure compliance with Section 10(1) (1) of the Registered Club Act, which requires members to approve entitlements and other such benefits, as permitted by law, to Directors. Each motion must be voted on as a whole and may not be amended by way of motion from the floor of the meeting. To be carried, each motion must receive votes in its favour from not less than a simple majority of those members who, being entitled to do so, vote in person at the meeting. FINANCIAL REPORTS: Members who wish to obtain a copy of the 2013 Full Financial Report can do so by providing their Current Financial Membership Card at the Club or a Concise Report is available to be viewed upon the Clubs Website: www.telclub.com.au Dated: 31st December 2013, By Direction of the Board Mark Chaffey Chief Executive Officer Pursuant to the Constitution please note: All business and notices of motion to be dealt with at the Annual General Meeting shall be handed to the Secretary at least 42 days prior to the date of such meeting. 6 PRESIDENT’S report David Hart My Dear Fellow Members Bowls Club, Darts Club, Social Golf Club and Netball Club and our sponsor clubs, Central Coast Softball As my sixth term as President and our twenty-first Club, Killarney Vale Kripples Soccer Club and The year of trading concludes I present to you my 2013 Entrance Senior and Junior Cricket Club for you Annual Report for what has been a difficult and patronage and support. These clubs are an integral unusual year of mixed results. This year our Year component of our operation and are all managed End Profit of $300,500.00 was down significantly, by volunteer committees. I again commend those when compared to the second highest ever profit members who volunteer their time and expertise to achieved in 2012, but it still represents a profit in a serve on the committees of these clubs. very challenging time in the Club Industry and during continuing difficult financial circumstances effecting The Rugby League Football season was again one of both the Retail and Hospitality Sectors. mixed fortunes and disappointment at the business end of the season. The Ron Massey Cup team A positive result was the growth in membership started impressively with five commanding wins but to 16,243 (30 September 2013) and in strictly three consecutive losses and then a season of mixed accounting terms our Working Capital increased results saw the team finish in fourth position. A win by $113,100.00, our Current Ratio increased to a in the qualifying semi-final followed by a loss in the healthy 2.29:1 and our Debt to Equity Ratio was preliminary final was a disappointing end to the reduced to 25.19%. season for a team which at times played some classy These results again reflect the committed team and superior football. In the Central Coast Division effort within our Club involving Board of Directors, the Under 17’s, Under 18’s and Reserve Grade sides Management, Staff and Members together showed positive early form and played consistently contributing to the growth of our Club and our throughout the season but unfortunately could not ongoing success.