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West Pymble Bicentennial Club Ltd(A Company Limited by Guarantee)
ACN 000 351 637
ANNUAL REPORT 2015
Come on down and support your community club!
ANNUAL REPORT 2017
WEST PYMBLE BICENTENNIAL CLUB LTD2 Prince of Wales Drive, West Pymble, 2073
Tel: (02) 9498 3135 Email: [email protected]
Web: www.wpbc.com.auFacebook: /westpymblebicentennialclub
ABN 86 465 973 118
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AGENDA 2017 ANNUAL GENERAL MEETINGApologies:
Business:
Confirmation of Minutes of 2016 Annual General Meeting
Annual Reports:• Chairman• Treasurer
Election of Officers:• Chairman• Senior Deputy Chairman• Deputy Chairman• Treasurer• Directors Up to Five (Inc Appointed Sports Director)
Election of Life Members:
Presentation of Awards:
Appointment of Honorary Legal Advisor:
General Business: of which due notice has been given
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West Pymble Bicentennial Club Ltd
6 November 2016
AGENDA 2016 AGM
The Annual General Meeting of the West Pymble Bicentennial Club Limited will be held on Sunday 27th November 2016 at the Clubhouse commencing at 10.00 am. Apologies: Business: Confirmation of Minutes of 2015 Annual General Meeting Annual Reports: Chairman Treasurer Election of Directors: Chairman Treasurer Up to Five Directors (including Appointed Sports Director)
• Members are advised nominations for the position of Chairman, Treasurer and up to five Directors close with the Secretary at 7pm on Friday 11th November 2016.
• Nomination forms are available from the bar on request. • The Nominee, indicating his or her willingness to stand for office, in addition to the
Proposer and Seconded, must sign nomination forms. • Nominees must be full financial Bowling Members of the Club. • To comply with the Registered Clubs Act 1976 (as amended), voting by proxy is not permitted.
Election of Life Members: Presentation of Awards: Appointment of Honorary Legal Advisor: General Business of which due notice has been given
2 Prince of Wales Drive, West Pymble, 2073 Phone: (02) 9498 3135 Fax: (02) 9418 4975
Email: [email protected]
A.B.N. 86 465 973 118 ABN 86 465 973 118
23 September 2017
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West Pymble Bicentennial Club LtdACN 000 351 637
CHAIRMAN’S REPORT - 30 JUNE 2017ABN 86 465 973 118
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West Pymble Bicentennial Club LtdACN 000 351 637
CHAIRMAN’S REPORT (cont) - 30 JUNE 2017ABN 86 465 973 118
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Following on from the issues the club had in 2015/16, 2016/17 was another challenging year.Key issues from the prior year were to:-• Address the liabilitywith theATO in relation
to outstanding BAS/PAYG which had reached $191,180.
• Maketheclubprofitableagainandimproveonthe FY2015/16 results.
As at 30 June 2017, the club owed the ATO $9,431 forGST,areductionof$88,599fromthe30June2016 balance of $98,030. This is an outstanding achievementfortheClub.OngoingremittancestotheATOare continuing tobemadeonaweeklybasis to assist cash flow in discharging the ATOliability.Thenetsurplus(profit)oftheClubforthe2016/17financialyearwas$55,405,an increasefromtheprioryearof$37,699,a fantastic turnaround forthe Club which was in the red for the 2014/15 financialyear.A key driver of the net surplus was an increase in Bar Sales for the year of $96,460 to $533,664
which reflects the strong support of the Club’spatrons and the local community.The balance sheet of the Club has strengthened with the net assets of the Club increasing from $517,704 to $573,109, an increase of $55,405. This increasehasresultedprimarilyfromthereductionin the liability to the ATO. There has been a slight increase in the overall creditor’s balance as aresultofmanagingcashflowmoreeffectivelyandyet still trading within the suppliers commercialterms.General trade on the prior financial year hascontinued to improveand initiatives suchas themeatrafflesaregoingfromstrengthtostrength.The implementation of thework groups for theboard has allowed the board members to focus on theareasoftheircoreskillstothebenefitoftheClub.
Treasurer.
Chris Mortensen.
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West Pymble Bicentennial Club LtdACN 000 351 637
TREASURER’S REPORT - 30 JUNE 2017ABN 86 465 973 118
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WPBC’s Grade 4 / Zone 9 Pennant winners. First time in Club history!
WINNING A PENNANT IS A BIG DEAL. WELL DONE TEAM!