ANNUAL REPORT 2019/2020 2019/2020 BOARD OF DIRECTORS PAUL BILLINGHAM NOEL CORNISH AM JANEY TRELEAVEN Commodore Vice Commodore Rear Commodore DR. SAM HAYNES ARTHUR LANE LEANDER KLOHS Rear Commodore Treasurer Director DAVID JACOBS JUSTIN ATKINSON BRADSHAW KELLETT Director Director Director Photo credits: Cover image: ROLEX/Studio Borlenghi Contributing Photographers: ROLEX/Studio Borlenghi, David Brogan, Andrea Francolini, Hamish Hardy 2 CRUISING YACHT CLUB OF AUSTRALIA ANNUAL REPORT YEAR END MARCH 31 2020 CONTENTS 4 Board of Directors, Management, Committees & Member Overview 6 Commodore’s Report 10 Treasurer’s Report 12 Sailing Committee Report 16 Member Engagement Committee Report 18 Premises Committee Report 20 Audit Planning & Risk Committee Report 21 CYCA SOLAS Report 22 Directors’ Report 26 Auditors’ Independence Declaration 27 Statement of Comprehensive Income 28 2019/2020 Balance Sheet 29 Statement of Cash Flow 30 Notes to the Financial Statements 49 Directors’ Declaration 50 Independent Auditor’s Report 52 Supplementary Information Relating to Financial Performance 53 2019/2020 Member List 62 2019/2020 Yacht Register CRUISING YACHT CLUB OF AUSTRALIA ANNUAL REPORT YEAR END MARCH 31 2020 3 BOARD OF DIRECTORS, MANAGEMENT & COMMITTEES BOARD OF DIRECTORS MANAGEMENT Commodore P. Billingham Chief Executive Officer E. Moore/J. Kirkjian Vice Commodore N. Cornish AM Administration Manager F. Cole Rear Commodores J. Treleaven & Dr. S. Haynes Head of Finance J. Brennan Treasurer A. Lane House Events Manager M. Gibson Directors L. Klohs, J. Atkinson, Sports Marketing & Sponsorship Manager N. Janzen D. Jacobs & B. Kellett Sailing Manager J. Kirkjian/T. Blanc-Ramos STANDING COMMITTEES SUB-COMMITTEES Sailing Committee – Incorporates Training & Development and Cruising. Archives Sub-Committee Dr S. Haynes (Chairman), Director B. Kellett (Deputy Chair), Rear Director B. Kellett, J. Allen, T. Cable, L. Klohs, D. Champtaloup, Commodore J. Treleaven, A. Kear, A. Psaltis, D. Burt, D. Jordan, L. P. Shipway, D. Colfelt Goodridge, M. van Kretschmar, S. Rahilly, Z. Taylor (Aug-Nov), A. Brown Training & Development Sub-Committee Member Engagement Committee – Incorporates Associates, Rear Commodore Dr. S. Haynes (Chair), Director L. Klohs, A. Member Value and Archives. Kear, D. McCracken, T. Barker, S. Jarvin Rear Commodore J. Treleaven (Chair), Director J. Atkinson (Deputy Chair), Director L. Klohs (Deputy Chair), Director B. Cruising Sub-Committee Kellett, M. Keelty (Associates President), D. Wallace, K. Mendes, K. J Keelty, Director J Atkinson, F Walker, S Walsh, D Doyle, S Sleeth, M. Burns, J. Sapir, C. Gundy, J. Anson, A. Larkin. Prince, D Henry, A Greene, S Williamson, Director B Kellett Premises Committee Member Value Sub-Committee Treasurer A. Lane (Chair), Director D. Jacobs (Deputy Chair), Director L. Klohs (Chair), P. Messenger, Y. Henderson, J. Wilby, Director B. Kellett, K. Roxburgh, A. Wenham, P. Shipway, K. K. Mendes, D. Wallace Wallace, Commodore P. Billingham Sustainability Working Group Audit, Planning & Risk Committee Director J. Atkinson (Chair), V. Whitby, A. Devlin, M. Burns, J. Owens Vice Commodore N. Cornish AM (Chair), Director D. Jacobs (Deputy Chair), Treasurer A. Lane, Rear Commodore J. Treleaven, T. Barker, P. Gothard, A. Wilmot, S. York, P Whitford SC ASSOCIATES COMMITTEE Special Events Committee – Incorporates Rolex Sydney Hobart Yacht Race. M. Keelty (President), J. Anson (Vice-President), C. Mulherin (Treasurer), I. Soemardi (Secretary), J. Bartrum, K. Brooks, P. Commodore P. Billingham (Chair), Vice Commodore N. Cornish AM (Deputy Chair), Rear Commodore J. Treleaven, Director L. Klohs, Christie, J. Dahl, F. Davies, B. Daw, P. Emerson, K. Kellett, A. Director J. Atkinson, M. James, C. Grant, K. Kellett, K. Bennett, J. Lulham, F. Marr, P. Messenger Owens, P. Shipway, D Kellett. 4 CRUISING YACHT CLUB OF AUSTRALIA ANNUAL REPORT YEAR END MARCH 31 2020 PAST COMMODORES MEMBERSHIP Name Year served 31/03/20 31/03/19 OBITUARY A.C. Walker 1944 - 1946 * Member 1,420 1,391 Members who have sailed their last 15 Year Member 51 42 P.M. Luke 1947 - 1948 * voyage: 30 Year Member 186 196 M.E. Davey 1949 - 1951 * Dawn Beal, Yvonne 50 Year Member 46 46 Byrne, Lewis Carter, S. Berg 1952 - 1953 * John Cooper, Kevin Regional 228 186 Dash, David Dickson, A.B. Wilson 1954 - 1956 * 15 Year Regional 3 3 John Fordham, M.E. Davey 1957 - 1958 * John Gunning, 30 Year Regional 6 4 William Hall, James D.M. Brown 1959 - 1960 * Country 78 83 Harrison, Maryrose Heffernan, Brian R.C. Hobson 1961 - 1962 * 30 Year Country 36 40 James, Craig Mahony, B.C. Psaltis 1963 - 1964 Overseas 140 144 Rob McAuley, Marshall Miller, 15 Year Overseas 1 1 R.A. Cottee 1965 - 1966 * Steve Old, Richard 30 Year Overseas 13 11 Robinson, Gary N.B. Rydge AM 1967 - 1968 Simon, David Steel, Associate 529 473 R. Crichton-Brown 1969 - 1970 * Stuart Stevenson, 15 Year Associate 6 5 Colin Stewart, B.C. Psaltis 1971 Nicholas Thompson 30 Year Associate 18 16 J.J. Bleakley 1972 * 50 Year Associate 4 3 J.N. Bridgland 1973 * Sailing Associate 3 5 J.P. Diamond 1974 - 1975 * 15 Year Sailing Associate 1 1 G.N. Evans 1976 * 30 Year Sailing Associate 6 6 Crew 59 53 J.P. Diamond 1977 * YSA Crew 58 82 A. Pearson 1978 - 1979 * YSA Junior 49 46 K.C. Roxburgh 1980 - 1981 Family Junior 56 55 G.S. Girdis 1982 - 1983 Life 12 11 J.L. Brooks 1984 - 1985 Past Commodore 15 11 A.E. Cooley 1986 - 1987 Honorary 28 25 D.B. Kellett AM 1988 - 1989 Sponsor 28 24 L. McClean 1990 - 1991 * TOTAL 3,080 2,963 L.P. Minehan 1992 - 1993 * D.C. Fuller 1994 - 1995 LIFE MEMBERS P.H. Bush 1996 - 1997 P.M Luke 1957 * R. Grubb 1997 * H. van Kretschmar 1998 - 1999 M.E. Davey 1957 * D. Lawson 1997 * J.H. Illingworth 1957 * J.F. Keelty 1998 H. Sommer 2000 - 2001 E.G. le Brun 1957 * P.H. Bush 1999 J. Messenger 2002 - 2003 * J.S. Samson 1960 * B.C. Psaltis 1999 M.R. James 2004 H. Watkiss 1964 * J. York 2002 * G.R. Lavis 2005 - 2006 G. Barton 1972 * P. Grounds 2004 * M.C Allen AM 2007 - 2010 J.P. Diamond 1979 * A.L. Cable 2005 G. Linacre 2011 - 2012 A.D. Campbell 1980 * D.A. Van Ewijk 2007 H. Piggott 2013 - 2014 D.R. Goode 1980 * J. Messenger 2008 * J. Cameron 2015 - 2016 R.D. Hollingsworth 1982 * D.B. Kellett AM 2011 G.E. Marshall 1982 * G. Lewis-Bearman 2013 J. Markos 2017 - 2018 G.C. Reynolds 1982 * J. Kirkjian 2014 K.H. Storey 1982 * J.W. Winning AM 2015 P. Rysdyk 1987 * A. Green 2017 P. Green 1990 * K. Kellett 2017 A. Brown 1992 * P. Shipway 2019 * Deceased E.C. Messenger 1995 * CRUISING YACHT CLUB OF AUSTRALIA ANNUAL REPORT YEAR END MARCH 31 2020 5 A year of two parts The past 12 months have been momentous ones for the Club – starting with the highs of our 75th year and ending with the lows of the bushfires and COVID-19 that have so hugely impacted all of us. This time last year I wrote looking forward with optimism to the year of celebration ahead, and a celebration it was! Our Clubhouse was open and looking amazing, we were able to finish off the car park on time and on budget and we had a huge range of events both on and off the water, all leading up to the highlight of the year with the spectacle of the 75th Rolex Sydney Hobart Yacht Race. But by 31 March the year had ended in the most unimaginable way possible – doors closed, people stood down, friends unable to meet and sailing (all but) banned. However it is in times of adversity that we really begin to understand ourselves – to test what we and indeed what other people are made of. This has long been true in our sport of sailing – whether it has been fighting terrible weather, equipment failure, injury (or worse), such trials bring out the best in all of us. And so it has been these last months at the CYCA where that resilience shown by our people, Members and the sailing community has made the Club stronger than ever before. It has, I believe, reminded us that a Club is not a building or a race, but a willing community of likeminded people who come together to build what they believe in. For me that is the real CYCA. First the celebration! It is impossible to name everything that has happened, so I am going to self-indulgently pick out some of my personal highlights! • Renovations It was with a great sense of satisfaction that the car park was completed early in the year – I am delighted that we now have such wonderful premises which just feels like our home. We had been COMMODORE talking about renovating for well over 12 years – well now it is done and I couldn’t be prouder! Thank you to the Premises Committee, PAUL our builders Belmadar, professionals and team members – you have built a legacy. BILLINGHAM • Social events There was such a huge array of sailing and non-sailing social events at the Club during the year. The SOLAS dinner as always a highlight; the Cruising Committee information evenings massively popular; and special events such as the Commodore’s Ball where we raised over $30k to refit our YSA fleet with sails was, for me, a highlight. Thank you to the Member Engagement, Associates and Cruising Committees for your hard work over the year – you made the party! • Veterans shine We had two incredible veterans events during the year. I greatly enjoyed sailing with David Champtaloup on the famed Caprice of Huon in May, which was followed by Gordon “Wingnut” Ingate 6 2019/ 2020 COMMODORE’S REPORT ceremoniously destroying the Clubs 75th birthday cake; • Communication excellence but it was the Veterans Regatta (and dinner!) in December So much focus has gone into improving the quality, that was just an amazing highlight and one I hope we can frequency and transparency of the way we communicate repeat.