3 January 2022
Annual accounts and Annual General Meeting update
The Annual Accounts for 2019/20 are complete and have been audited by Steel Walsh & Murphy. They are available on the Club website and copies are available at the Club. A copy can be posted to you if you email us at firstname.lastname@example.org or call the Club on 02 6345 0855.
These accounts are for the period 1 June 2019 to 31 May 2020. There have been changes to the Board since 2019 and some key decision makers from that time have since resigned from the Board. Some Board positions have been filled as casual vacancies, as permitted under the constitution, and those people will stand for election at the next Annual General Meeting (AGM). Currently there are five interim Board members with two positions vacant.
The accounts for 2020/21 have been completed and are with the auditors. They expect to complete their audit by March 2022, enabling the Board to call an AGM for April 2022 if the audit is completed as planned.
The Board prefers to have the two years accounts available for the AGM rather than hold separate AGMs three months apart. The two years accounts will present a more accurate picture of the Club’s most current performance. An election of the Board will be held at that planned April 2022 AGM.
The current Board apologises for the delay in completing the 2019/20 accounts. The delay is due to:
In the meantime, the 2021/22 MYOB accounts are up to date, with MYOB in full use for invoicing,
receipting, payroll and reporting.
During 2021, the Board has also focussed on achieving cost savings in expenses including
electricity (saving $1000pa), telephone services (saving $4,438pa), Subscriptions ($3,783pa);
initiated a staff restructure to separate the roles of bookkeeping and bar operations; implemented
higher levels of scrutiny and review of expenditure and financial management; received Jobsaver
grants ($44,513) for the Club to counter the effects of Covid and the lockdowns that have closed
the club. Expense savings and Jobsaver grants total $53,734.
In addition, in the wake of the closure of the ANZ branch in Cowra, new bank accounts have been
opened at CBA.
Further, the Club has been successful in applying for two grants:
1. Replace outdated electrical equipment with more up-to-date items that are more energy
efficient and install LED lighting ($11,569 ex GST) and;
2. Upgrade of facilities at Matt Morrison Oval ($57,000ex GST)
The Board invites all members to come and support the Club. With a great summer and full dam,
we hope to have many patrons come back to Wyangala Country Club in its 50th year. Members with
skills in hospitality and management are particularly invited to support the Board.
The Board invites member support and feedback by email to email@example.com or by
phone to me, Tony Mehmed Club President on 0403 729 993.