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Transcript of ABA Annual Report 2015
2
CONTENTS
COMPETITIONS
12 AT A GLANCE
13 AUCKLAND INTERNATIONAL
14 INTERCLUB
15 SOCIAL
16 SCHOOLS
17 UNIVERSITY
02
06 PRESIDENT’S REPORT
07 CHAIRPERSON’S REPORT
08 GM’S REPORT 01 GOVERNANCE
20 AT A GLANCE
21 COMMUNITY
22 REPRESENTATIVE
24 DEVELOPMENT
25 NZ HONOURS
03 DEVELOPMENT & COMMUNITY
28 FINANCIAL COMMENT
30 FINANCIAL STATEMENT
51 OUR PARTNERS 04 FINANCIALS
3
PATRON Heather Robson MNZM
VICE-PATRON Malcolm Rowsell
PRESIDENT Alauddin Khan
CHAIRPERSON Julie Paterson
EXECUTIVE BOARD Rhona Bramwell, Mike Elliot, Anthony Marter, Robert Bryce, Boris Shah (Resigned in March)
GENERAL MANAGER John McGregor
LIFE MEMBERS J Robson MBE, D Light, H Robson MNZM, M Rowsell, W Greaves, A Dickinson, R Westbrooke, R Walbridge, C Simms, B Stevens, S Smith, V Wong
6
It is with immense pleasure and honour I am presenting my first report as President of
Auckland Badminton. The year 2015 has been a year of progress despite having one less
pair of hands on the board – as elected member Boris Shah grabbed an overseas career
opportunity; as a result he resigned from the board during the first quarter of the year. I
would like to thank Boris for his contributions to the board during his tenure with ABA.
I would like to express my gratitude to Julie Paterson for stepping up and taking the role of
Chairperson. I would also like to thank each board member for their dedication, notably
their many hours of hard work to formulate the strategic plan.
The yearly highlights include a financial surplus of $50,901, acceptance of our
Constitution, adoption of a strategic plan, and concepts for a facility upgrade.
There are noteworthy performances at the rep level, significant involvement in school and
community programmes, and also noticeable coaching program improvements.
My gratitude to John McGregor and his team for the hard work they have been putting
into the operations of this great charitable sporting organisation.
Please allow me to thank all our affiliated clubs for their feedback, support and
participation in various events organised by ABA throughout the year. Let me say thank
you to each and everyone involved in various sub-committees. Thanking our players
(juniors to super vets), coaches, technical officials, life members, funders/sponsors and
volunteers.
I would like to also congratulate all the winning Representatives of ABA for their
achievements in various competitions.
A huge congratulations and best wishes to:
Ben Hillier & Sally Fu for being selected for the U19 Junior World Championships.
Thomas Hillier, Janice Jiang & Sonia Lu for being selected for the U15 Trans Tasman test.
Alauddin Khan
President
PRESIDENT’S REPORT 01 GOVERNANCE
7
I have thoroughly enjoyed my year as Chair of the Auckland Badminton Board. The past 12
months has been a time to consolidate a lot of previous planning and thinking, and to
incorporate that in to our guiding document, the strategic plan. We began the process of
developing the strategic plan with a community consultation meeting. It was great to have
so many take part and give such constructive ideas about the purpose of Auckland
Badminton and the ways in which you want our organisation to support Badminton in the
community. The strategic plan was approved by the board in August and we are now
prioritising the activities for the next 3 years. An annual plan has been prepared for 2016
which details the activities that will be completed to meet the goals of the strategic plan.
One of the key priorities that was highlighted of course, was the Auckland Badminton
facility. We have made good progress with the board now accepting a staged program for
re-development of the facility. Funding this project is a major issue and the board will be
required to contribute to the cost with seed funding to gain partnership funding from key
organisations. It has been important to take a staged approach for this reason, and a
maintenance plan will sit alongside the redevelopment plan. Other big bodies of work
include ensuring our Health and Safety policies and procedures will meet the new laws,
and risk management is also a major priority for the board.
I would like to thank the board for all of your valuable and constructive support this year.
We are making great progress and this can only happen with forward thinking and aligned
views. We are all volunteers and it’s a great working with people so willing to give their
time to our sport. Also a huge thanks to John and his team. It is a difficult challenge
working in the regional sport space, there is never enough money or time to do everything
we collectively would like done. I really appreciate all of the work, extra time and energy
that you all put in. I would also like to thank Alauddin Kahn who is an excellent President
of Auckland Badminton and adds greatly to the board and our discussions.
I look forward to another successful year both on and off the court. Auckland Badminton is
in a stable position financially which allows us to continue with our forward thinking and
our ability to deliver to our sport.
Julie Paterson
Chairperson
CHAIRPERSON’S REPORT GOVERNANCE 01
8
We have successfully achieved a number of positive results this year, although as always
have had a number of setbacks.
Our financial performance has continued to provide sustainability whilst delivering on areas
that the Association needs such as growth and improving capability with systems and
maintenance programs. In 2015, the Board has managed to gain the approval of the
updated constitution from the Charities Commission and Companies Office which was
approved earlier in the year, this was a delicate process considering the pressure that non-
profit sports organisations are currently facing in regards to the purpose of their operations.
Having not had a great deal of structure in previous years we have also completed a
thorough review of the Association’s priorities and direction that has resulted in a forward
thinking community focused strategic plan being introduced that will give us a guiding point
for the next four years.
Having an enhanced knowledge in the direction and specific outcomes that we are all
striving towards, will strengthen our position in the sports sector so thank you to all who
attended our consultation evenings associated with this process, and to the board for their
contribution ensuring that we were clear on the expectations required to be a top
performing sport in a competitive market.
Our representatives in both individual and team events produced a number of fantastic
results this year. Congratulations to all the players, teams, and coaches involved. Particular
mention must go to the Under 19s and 17s who both won gold, as well as the number of
individuals who produced the same success at the various national events. From a
development perspective we had a number of our representatives selected for New
Zealand teams, notably Ben Hillier and Sally Fu who represented our country at the Junior
World Championships in Peru, both of whom continue to shine at the youth level and
further develop their abilities. This is great recognition for their commitment and efforts
throughout the year and it highlights the support and programs Auckland Badminton has in
place to assist them to reach these levels.
Our relationship with Badminton New Zealand continues to strengthen and this can be seen
by the continued development in partnership and support which is seen through the
coaches involved with BNZ, and the Auckland International continuing to be hosted by our
GM’S REPORT 01 GOVERNANCE
9
Association which is important for the exposure, profile and opportunities to our players.
We continue to commit to ensuring there is a stronger partnership and alignment and that
the benefits for our organisation will be significant so that the future is bright as we work
towards achieving greater outcomes and results for badminton particularly around
information and resource. Increased delivery into schools has seen significant growth and
new opportunities provided to players, clubs, and after schools programs.
Staff changes since the last AGM has seen Daniel Waugh leave to move overseas, the work
done by him highlighted significant shortfalls and difficulties in accessing information and
providing consistent communication. We welcomed two new members to the team Benny
Ng who commenced in September as the new Pro Shop Manager and brings retail
experience and energy to the role. He has already made a difference to the Pro Shop with
presentation and management skills. Also, Jarvie Tunnicliffe joins us as the new Events
Manager and commenced his role in August. We welcome them both on board and look
forward to seeing good progress and change and wish them all the best in their roles.
Finally, a big thank you must go to our funding partners NZCT, Lion Foundation, North
Foundation, Pub Charity, Four Winds, Trillian, and Infinity for all their support in helping us
grow badminton in Auckland. Regional Sport Trusts Auckland and Counties Manukau Sport
for their continual support and contributions to clubs, schools and the community and
Auckland Council to community development. Without their support we would not have
achieved the results we have this year or what we are striving for.
Finally, thank you to our team who have worked relentlessly this year through some
challenging times as we prepare our organisation for the near future, yet have achieved
some amazing results. Furthermore, Yvonne McKay led the way for our Masters
Committee with her commitment and contribution which has been again invaluable this
year.
Finally the board, it is another big thank you as we have achieved some positive outcomes
this year and I thank you for your support.
John McGregor
General Manager
GOVERNANCE 01
10
COMPETITIONS
12 AT A GLANCE
13 AUCKLAND INTERNATIONAL
14 INTERCLUB
15 SOCIAL
16 SCHOOLS
17 UNIVERSITY
12
AT A GLANCE 02 COMPETITIONS
1,470 SECONDARY SCHOOL
PLAYERS ENTERED INTO
OUR COMPETITIONS
6 6 COMPETITIONS ORGANISED
THIS YEAR BY
AUCKLAND BADMINTON
20
TEAMS ENTERED INTO
SENIOR INTERLCUB
REPRESENTING 4 CLUBS
362 MEDALS DISTRIBUTED
PLAYERS ENTERED OUR
SOCIAL COMPETITIONS
4 5 5
49
TEAMS ENTERED INTO
JUNIOR INTERLCUB
REPRESENTING 7 CLUBS
13
AUCKLAND INTERNATIONAL COMPETITIONS 02
This year the Auckland International was organised by Badminton New Zealand in a
partnership that allowed our events team to focus on a number of other key events during
this period of the season, whilst still seeing our venue host this popular Level 4
tournament that attracted 117 players from 13 countries.
The event continues to attract mostly athletes from the Asia-Pacific region, and as has
been seen in previous years, a strong Chinese Taipei contingent was present. With points
gained from this year’s event counting towards Olympic Games qualification the
competitiveness shown on the court was high. The strong team of 35 from Chinese Taipei
continued to dominate this event appearing in every final, with New Zealand’s best result
coming from Kevin Dennerly-Minturn and Susannah Leydon-Davis, who grabbed the
bronze medal in the Mixed Doubles. Furthermore, the youth players of New Zealand
featured well throughout this event with many making it through a few brackets on the
ladder, in doing so providing them with some fantastic exposure to the professional game.
MEN’S SINGLES
Chia Hung Lu Chinese Taipei
MEN’S DOUBLES
Darren Isaac Devadass Malaysia
Vountus Indra Mawan
C H A M P I O N S - 2 0 1 5
WOMEN’S SINGLES
Chia Hsin Lee Chinese Taipei
WOMEN’S DOUBLES
Setyana Mapasa Australia
Gronya Somerville
MIXED DOUBLES
Chia-Han Lee Chinese Taipei
Chia Hsin Lee
14
Our Interclub structure has not been changed for over 10 years, and with it we have seen a
decline in entries for both senior and junior competitions. In an attempt to rejuvenate this
essential part of our portfolio, Auckland Badminton introduced a number of formats in
what was a trial and transition season whilst maintaining the core aspects of the historical
structure.
New components introduced included different pricing strategies, the ability for non-
members to participate, and a wide range of formats ranging from singles to teams, and
half court and full court competitions. Furthermore, we investigated the length of
competitions throughout the year with a range of 5 to 10 week leagues being developed
and the introduction of online entries.
Having gained a greater understanding of what attracts our members to enter into Interclub
competitions we will look to implement a new and improved interclub structure in the
coming years.
INTERCLUB 02 COMPETITIONS
JUNIOR PREMIER
Lloyd Elsmore Nitrogen
Lloyd Elsmore Hydrogen
Pacific 1 Black
SENIOR PREMIER
Lloyd Elsmore 1
College Rifles 1
College Rifles 2
15
The social aspect of our competitions portfolio continues to grow with its positive appeal to
all skill levels and age groups. In 2015 we offered five different formats for our social
competitions that saw participation numbers from the general public increase.
As per our research and trials into the interclub structure, we also adopted a similar
principle to our social competitions as we strive to provide the entire community with
enjoyable and clean structures that make the sport of badminton more popular and
sustainable.
SOCIAL COMPETITIONS 02
16
The sport of badminton is rated within the top five most popular sports across the school
age groups. We continue to see strong growth at primary, intermediate, and secondary
school levels with an improvement in the playing ability evident at all levels. To cater for
this demand we have increased our program capabilities and introduced additional venues
to make it easier for entrants to attend their fixtures.
At the secondary level we had 30 schools Auckland wide entering over 290 teams into 31
grades. With our venues at capacity we will continue to ensure that we can cater for the
anticipated increase in demand for our competitions through the development of
additional venue hubs across our region.
Congratulations is extended to Auckland Grammar 1 who dominated the Premier division,
and ACG Parnell (Central Zone), and Bucklands Beach (Eastern Zone) for winning their
respective Intermediate competitions.
SCHOOLS 02 COMPETITIONS
1. Auckland Grammar 1
2. Macleans College 1
3. Auckland Grammar 2
4. Saint Kentigern College
5. Epsom Girls Grammar
6. Kings College
7. Macleans College 2
8. Auckland Grammar 3
SENIOR PREMIER STANDINGS
17
With our commitment to ensure that meaningful competitions are available to both casual
and dedicated players, we continue to grow and improve our University events to maintain
engagement with the youth age group. In its third year now, we had four teams enter into
the University Super League which saw the University of Auckland receive their first title.
Interest in this event is on the incline with the desire from Universities to partake spanning
the country. Our second competition is an interfaculty focused tournament held over two
days. This event provides consistent interest from the local University.
UNIVERSITY COMPETITIONS 02
18
DEVELOPMENT & COMMUNITY
20 AT A GLANCE
21 COMMUNITY
22 REPRESENTATIVE
24 DEVELOPMENT
25 NZ HONOURS
20
AT A GLANCE 03 DEVELOPMENT & COMMUNITY
557 RACKETS PROVIDED TO
FIRST TIME PLAYERS
O V E R
$322,OOO IN FUNDING RECEIVED FOR
THE DEVELOPMENT OF THE
GAME IN OUR COMMUNITY
1,538 AFFILIATED PLAYERS
35
SCHOOLS VISITED BY
OUR COACHES
CHILDREN PARTICIPATED IN
OUR SCHOOL PROGRAMS
7,114
38,684
HOURS OF COURT
USAGE PER YEAR
21
For a past two years we have made available casual play badminton that has experienced
increasing popularity in recent times. Every Wednesday throughout the year, a mixture of
eager maestros and casual players just looking to add to their weekly health regime have
spent their lunchtime taking part in two hours of continuous game play. Due to popular
demand and attendee feedback, in the second half of the year we introduced a Friday
session that is already reaching capacity with both sessions having a demographic that is
over 90% general public. Further to this we have increased our casual play community
programs to four venues across Auckland including: Auckland CBD, Mount Albert,
Ponsonby, and Onehunga.
This increased exposure to the Auckland community has assisted us in obtaining a three
year facility partnership with the YMCA, providing us to not only further our reach within
the region but also provides our high performance players with access to strength and
conditioning facilities to aid their athletic development. In addition to this, we have secured
a three year development grant from Foundation North with the emphasis based on
developing the interest and participation of our game within schools.
To assist us in delivering a modern and forward thinking communications strategy to our
clubs and community, our website underwent a full rejuvenation and is now on a
responsive platform and has been aligned to provide users with a simple informative
structure. During this process we took the opportunity to start to realign our brand identity
through obtaining our new domain name www.aklbadminton.com which presents our
identity more clearly.
COMMUNITY DEVELOPMENT & COMMUNITY 03
2015 FUNDERS
TOTAL: $322,393
22
REPRESENTATIVE 03 DEVELOPMENT & COMMUNITY
The Auckland U19’s team had a nail-biting time on the way to winning the trophy with
countback victories over Auckland 2 during pool play and North Harbour in the final. Both
of these ties came down to one game (set) deciding the result. A strong Auckland 2 team
finished with the Bronze to give Auckland a Gold and Bronze in the U19 event.
Also claiming a trophy was our U17’s team who repeated their 2014 feat showing their
dominance over fellow finalists North Harbour, posting a final score of 13-3 and defeating a
team led by senior national champion Oscar Guo. Unfortunately, the roles were reversed in
the U15 category with North Harbour outclassing us in the final. Our second team in this
age group had a good tournament losing out on a close battle with Waikato in the bronze
medal playoff.
With the introduction of the U13’s division Auckland sent down two developing teams to
compete. Our inexperienced teams provided a positive result with both teams reaching the
top four playoffs.
J U N I O R S
23
For another season our Masters selections continued to achieve success. This year we were
represented by six Masters, four Vets, and three Super Vets squads and although not all
squads had winning seasons, the group continues to provide our organisation with a
number of medal placings.
The annual tournament saw a number of grades combined due to low entries, resulting in
only one third of the planned format to be completed. Despite this, the 61 who took part
produced some fantastic matches
This season saw the number of Auckland players representing the association double from
2014. High achievers, Kevin Dennerly-Minturn regained his Mixed Doubles title and
Michelle Chan her Women’s Singles title at the National Championships. To add to his
collection, Kevin also received the Men’s Doubles silver medal at the Oceania
Championships.
With the Wisden and Slazenger Cups being held in Invercargill this year, it was difficult for
us to enter a full strength squad due to personal commitments resulting in a number of key
members being unavailable. This resulted in two very young teams representing us, with
commendable mid table finishes gained in both competitions, having narrowly lost a
number of key ties. Our divisional teams Auckland 3 finished mid table whilst Auckland 4
picked up 8th spot retaining their position in Division 3.
The Auckland U23’s team narrowly missed out on claiming the gold medal in their
championship, losing out to a North Harbour team featuring a number of guest players. In
the individual events at this level Auckland players: Rowena Devathasan, Samuel Ho and
Riga Oud picked up national titles in the Women’s Singles and Men’s Doubles respectively.
DEVELOPMENT & COMMUNITY 03
S E N I O R S
M A S T E R S & V E T E R A N S
24
DEVELOPMENT 03 DEVELOPMENT & COMMUNITY
This year we delivered badminton programs to over 35 schools across the Auckland area
interacting with over 6,300 students and an audience exposure of over 21,000 potential
future badminton players. For the majority of these students it was their first exposure to
the sport, and they enthusiastically participated in lunchtime sessions, and after school
programs.
A highlight from this engagement was with the 128 students from Papatoetoe North
Primary for who we delivered two school holiday programs, from which many of these
students continued their new found passion for the sport by visiting their local club.
Our after school Tigers program that focuses on getting more 11-18 year olds into the
game saw the introduction of three new venues this year up from the sole venue that we
launched the program at last year.
Having recognised a need for the development of young girls in badminton, we launched a
new program called Shuttle Girls that provides a fantastic coaching environment just for
girls with the intention to enhance the ability of our representative squads in the U13 age
group.
Our coaching development program was enhanced this year by providing coaches with a
greater opportunity to develop their instruction through being aligned more directly with
our squads. With up to 30 players per squad, a head coach was assigned with 2 additional
assistant coaches, thus providing the opportunity for not only our coaches to improve but
also our players as they are exposed to more direct coaching instruction and are mentored
in a consistent manor. Furthermore we developed 18 new coaches through a Shuttle Time
course who are now in conjunction with Kiwisport, delivering badminton into schools, and
at the same time presenting this resource to teachers.
25
NZ HONOURS DEVELOPMENT & COMMUNITY 03
UNDER 13
Daniel Yang
Jerry Jian
Lucas Mitchell
Ashley Tan
UNDER 15
Janice Jiang
Sonia Lu
Rachel Li
UNDER 17
Sally Fu
Dacmen Vong
Rodger Yang
UNDER 19
Ben Hillier
Rowena Devathasan
Daxxon Vong
Sally Fu
UNDER 23
Samuel Ho
Riga Oud
Rowena Devathasan
Lilian Shih
Jasmin Ng
Maria Masinipeni
SENIOR
Michelle Chan
Kevin Dennerly-Minturn
Samuel Ho
Riga Oud
Sally Fu
Rowena Devathasan
WD
MD
MD
MS
WD
WS
XD
WD
MD
WS
XD
MD
XD
XD WD
WD
MD
WS
MD
MS MD
MD
WD
WD
WD
WS
MD
WS
XD
WD
WD
MD
MD
U19
U13
U23
U15 U17
U19
OCEANIA YOUTH CHAMPIONSHIPS
Daxxon Vong Dacmen Vong
Sally Fu Ben Hillier
Rowena Devathasan Eric Li
Harrison Jin Celine Shao
U15 TRANS TASMAN CHALLENGE
Thomas Hillier Janice Jiang
Sonia Lu
Ben Hillier Sally Fu
REPRESENTATIVE TEAMS
NZ REPRESENTATIVE HONOURS
28
Positive annual result of $50,901
Stadium income increased by $41,277
Total Equity increased 1.8% to $2,919,831
2015 was the fourth straight year Auckland Badminton Association has recorded a strong
surplus. This is rewarding in a year that we placed a heavy emphasis and investment on
confirming regulatory documents and planning and consultation aspects for the impending
facility upgrade and improvement.
Furthermore , this year we introduced new accounting management software which will
also be utilized in the Pro Shop, and have invested into an upgrade of our overall
membership management system to more efficiently serve our community.
FINANCIAL COMMENT 04 FINANCIALS
2 0 1 5 F I N A N C I A L H I G H L I G H T S
29
FINANCIALS 04
TOTAL EXPENSES: $1,864,378
ADMINISTRATION
EVENTS
COACHING
FACILITY
OPERATIONS
COMMUNITY
COST OF SALES
B U D G E T E D E X P E N S E S F O R 2 0 1 6
TOTAL REVENUE: $1,870,090
ADMINISTRATION
EVENTS
COACHING
FACILITY
OPERATIONS
COMMUNITY
OTHER
B U D G E T E D R E V E N U E F O R 2 0 1 6
30
04 FINANCIALS
ADMINISTRATION 2015 2014
Administration & Stadium
Income 501,673 460,396
Expenses 428,995 362,940
Net Profit (Loss) 72,678 97,456
EVENTS
Event Administration
Income 21,072 -
Expenses 91,122 25,806
Net Profit (Loss) (70,050) (25,806)
Inter Club Events
Income 33,171 65,462
Expenses 20,332 27,643
Net Profit (Loss) 12,839 37,819
Sanction
Income 11,561 77,086
Expenses 5,969 56,735
Net Profit (Loss) 5,592 20,351
Casual Competitions
Income 47,332 6,250
Expenses 28,924 2,328
Net Profit (Loss) 18,408 3,922
Schools
Income 55,552 48,517
Expenses 20,913 15,585
Net Profit (Loss) 34,639 32,932
International Events
Income 499 -
Expenses 1,493 3,494
Net Profit (Loss) (994) (3,494)
AUCKLAND BADMINTON ASSOCIATION
STATEMENT OF FINANCIAL PERFORMANCE
FOR THE YEAR ENDED 30 SEPTEMBER 2015
FINANCIAL STATEMENT
31
FINANCIALS 04
COACHING & DEVELOPMENT 2015 2014
Coaching Administration
Income 85,440 -
Expenses 159,263 18,148
Net Profit (Loss) (73,823) (18,148)
Schools
Income 98,228 19,116
Expenses 66,254 21,353
Net Profit (Loss) 31,974 (2,237)
Coaching Programs
Income 83,987 30,022
Expenses 51,423 21,058
Net Profit (Loss) 32,564 8,964
Representatives
Income 174,587 179,507
Expenses 160,190 146,589
Net Profit (Loss) 14,397 32,918
COMMUNITY DEVELOPMENT
Community Development Administration
Income 27,750 -
Expenses 36,123 39,769
Net Profit (Loss) (8,373) (39,769)
Clubs and Facilities
Income 3,609 -
Expenses 2,784 -
Net Profit (Loss) 825 -
New Programs
Income 13,716 50,375
Expenses 11,944 13,476
Net Profit (Loss) 1,772 36,899
32
04 FINANCIALS
OPERATIONS 2015 2014
Operations Administration
Income - -
Expenses 20,810 44,073
Net Profit (Loss) (20,810) (44,073)
Pro Shop
Income 303,945 314,782
Cost of Goods Sold 173,014 215,932
Expenses 77,946 35,847
Net Profit (Loss) 52,985 63,003
Cafe
Income 56,711 69,415
Cost of Goods Sold 29,716 33,718
Expenses 53,170 47,088
Net Profit (Loss) (26,175) (11,391)
Total Net Profit (Loss) From Operations 78,448 189,346
Add:
Interest Received 37,596 27,068
Dividends Received 345 -
Gain on Sale/Disposal of Asset - -
Prior Period Adjustments - 6,900
37,941 33,968
Less:
Depreciation 65,488 59,690
Gain on Sale/Disposal of Asset - -
Prior Period Adjustments - (12,641)
65,488 47,049
Net Profit/ (Loss) For the Year 50,901 176,265
33
FINANCIALS 04
AUCKLAND BADMINTON ASSOCIATION
STATEMENT OF MOVEMENT IN EQUITY
FOR THE YEAR ENDED 30 SEPTEMBER 2015
2015 2014
Accumulated Income at Beginning of Year 236,643 160,378
Net Profit/(Loss) for Period 50,901 176,265
Less: Transferred to Building Maintenance Reserve - 100,000
Accumulated Income at End of Year 287,544 236,643
Reserves
Building Maintenance
Maintenance Reserve - Stadium 144,559 44,559
Add: Additions Made During the Year - 100,000
144,559 144,559
Building Revaluation
Accumulated Reserves at Beginning of Year 2,487,728 2,487,728
Increase in Valuation of Building - -
Accumulated Revaluation Reserves at Beginning of Year 2,487,728 2,487,728
Total Reserves at End of Year 2,632,287 2,632,287
Accumulated Funds at End of Year 2,919,831 2,868,930
34
04 FINANCIALS
AUCKLAND BADMINTON ASSOCIATION
STATEMENT OF FINANCIAL POSITION
FOR THE YEAR ENDED 30 SEPTEMBER 2015
CURRENT ASSETS 2015 2014
ASB - Cheque Account 21,954 61,472
ASB - Junior Fast Saver 139,045 558,443
ASB Saving Plus 586,530 -
Retail Manager - Clearing Accounts 13,912 -
Petty Cash 500 228
Café Float 193 193
Trade Debtors 45,904 53,213
Provision for Doubtful Debts (8,000) -
Pre Payments 28,646 13,413
Interest Receivable 6,980 7,607
Inventory - Café 3,499 3,106
Inventory - Pro Shop 86,291 60,843
Other Current Assets 22,529 6,436
Total Current Assets 947,983 764,954
NON-CURRENT ASSETS
Fixed Assets 2,039,560 2,070,466
Term Deposits 287,299 275,839
Total Non-current Assets 2,326,859 2,346,305
Total Assets 3,274,842 3,111,259
35
FINANCIALS 04
LESS CURRENT LIABILITIES 2015 2014
Accounts Payable 125,362 76,562
Accruals 89,079 52,389
Grants and Advance
- Foundation North 29,099 30,700
- Lion Foundation 7,948 11,870
- NZ Community Trusts - 2,738
- Pub Charity 5,000 3,351
- Others 14,447 4,000
Income in Advance
- Lighting Cards 47,555 37,498
- Kiwis Sport 9,584 14,856
- Other 23,833
Clearing Accounts 780 -
GST Owing to IRD 2,236 8,363
Total Current Liabilities 355,011 242,326
Net Assets 2,919,831 2,868,933
EQUITY
Retained Earnings B/F 236,643 160,378
Net Surplus for Year 50,901 76,268
Revaluation Reserve 2,487,728 2,487,728
Maintenance Reserve 144,559 144,559
Total Reserves 2,632,287 2,632,287
Total Assets 2,919,831 2,868,933
These financial statements for the year ended 30 September 2015 are signed for and on
behalf of the Auckland Badminton Association Incorporated by:
Chairperson General Manager
Date: 24 November 2015 Date: 24 November 2015
36
1. STATEMENT OF ACCOUNTING POLICIES
REPORTING ENTITY
The financial statements presented here are for Auckland Badminton Association Inc.
The Association is an incorporated society registered under the Incorporated
Societies Act 1908 and is subject to the provisions of the Act.
The Association qualifies for differential reporting as it is not publicly accountable and
as it is not large as defined in the Framework for Differential Reporting. The
Association has taken advantage of all available differential reporting exemptions.
The financial statements have been prepared on the basis of historical cost with of
certain items for which specific accounting policies are identified. Accrual accounting
is used to match expenses and income.
SPECIFIC ACCOUNTING POLICIES
The following specific accounting policies which materially effect the measurement of
financial performance and financial position have been applied.
(a) Fixed Assets & Depreciation
Fixed assets are stated at cost less accumulated depreciation, with the exception of
buildings, the exception which are revalued bi-annually to the valuation of a
registered valuer and are stated at valuation less accumulated depreciation.
Unrealised surpluses arising on revaluations ae transferred to the Building Revaluation
Reserve account.
Depreciation has been calculated so as to write the cost off over the assets’ estimated
lives. Economic lives for the main categories of fixed asset are estimated at:
8 years Fixtures & Fittings
2 -14 years Stadium Equipment, 5 years Café Equipment
8 years Pro Shop Equipment, 8 years Office Equipment
04 FINANCIALS
AUCKLAND BADMINTON ASSOCIATION
NOTES TO THE FINANCIAL STATEMENT
FOR THE YEAR ENDED 30 SEPTEMBER 2015
37
(b) Goods & Services Tax
The statement of Financial Performance has been prepared so that all components
are stated exclusive of GST. All items in the Statement of Financial Position are stated
net of GST, with the exception of account receivables and payables.
(c) Inventories
Stocks are recorded at the lower of cost (determined on a first in first out basis) and
the net realisable value.
(d) Receivables
Receivables are stated at their estimated realisable value. Bad debts are written off in
the year in which they are identified.
(e) Investments
Investments are carried at cost, or cost plus accumulated interest, where investments
are compounded.
(f) Liabilities
Liabilities are stated at the estimated amounts payable and include all obligation that
can be reliably estimated. Current liabilities include the amounts payable within
twelve months of these financial statements.
(g) Income Tax
No provision for Income Tax has been made as there is no current or deferred tax
payable. The Association’s income is exempt income under Sections CW 41 and CW
42 of the Income Tax Act 2007.
The Association is registered charity from 30 June 2008, under the Charities Act 2005.
(h) Income in Advance
Deposits on lighting cards represent a liability of the Association, as they are funds
that members have paid onto their cards but have not yet used. Funds added to cards
are recorded as income when they are used by the booking of court time.
FINANCIALS 04
38
(i) Grants & Donations
Grants and donations received are recognised as income when they are actually spent
in compliance with the terms of the grant or donations. The Association has a liability
to repay the grants or donations if the requirements of the grants or donations are
not fulfilled. A liability is recognised to the extent that such conditions are not fulfilled
at the end of the reporting period.
(j) Employee Entitlements
Provision has been made for the Association’s liability for annual leave and has been
calculated on an actual accumulated entitlement basis at current rates of pay to settle
the Association’s obligation as at balance date.
k) Lease Commitments
The Association has entered into a non-cancellable operating lease agreement with
Fuji Xerox NZ Ltd in respect of two photocopiers. Under the lease, the lessors
effectively retain all risks and benefits of ownership and the lease payments are
expensed in the period in which they are incurred. The lease commenced in
September 2012 and expires in August 2016. Fuji Xerox NZ Ltd has a registered
security over the photocopiers.
2 CHANGES IN ACCOUNTING POLICIES
There have been no material changes in accounting policies since the previous
financial statements.
3 CONTINEGENT LIABILITIES
At the balance date there is no known contingent liability (2014: Nil).
The Association has not granted any securities in respect of liabilities payable by any
other party whatsoever.
4 There are no commitments for capital expenditure at the balance date (2014: Nil)
5 Previous year figures are re-classified for meaningful comparison.
04 FINANCIALS
39
FINANCIALS 04
6 FIXED ASSETS
THIS YEAR Cost Depn Acc Depn Bk Value Add
Buildings 2,500,000 50,000 (522,110) 1,977,890 -
Ground Improvements 58,975 1,660 (47,831) 11,144 -
Proshop Fittings/Equipment 28,169 840 (24,518) 3,651 3,500
Computers 60,186 3,166 (34,709) 25,477 24,046
Plant & Equipment 282,120 7,542 (262,840) 19,280 7,036
Furniture & Fittings 97,048 6 (97,048) - -
Office Equipment 31,011 246 (30,728) 283 -
Café Equipment 19,316 2,028 (17,481) 1,835 -
3,076,825 65,488 (1,037,265) 2,039,560 34,582
LAST YEAR Cost Depn Acc Depn Bk Value Add
Buildings 2,500,000 44,220 (472,109) 2,027,891 -
Ground Improvements 58,975 1,475 (46,171) 12,804 -
Fittings 24,669 810 (23,679) 990 -
Computers 36,140 2,189 (31,544) 4,596 -
Equipment 275,084 6,518 (255,298) 19,786 -
Furniture & Fittings 97,048 76 (97,041) 7 -
Office Equipment 31,011 539 (30,482) 529 -
Café Equipment 19,316 3,863 (15,453) 3,863 -
3,042,243 59,690 (971,777) 2,070,466 -
7 FUNDING
FUNDING 2015 2014
Administration 22,486 -
Events 46,306 -
Coaching & Development 213,226 -
Community & Development 40,375 15,064
Total Funding 322,393 15,064
40
04 FINANCIALS
DIRECT PROGRAM EXPENSES 2015 2014
Administration - -
Events 101,723 105,785
Coaching & Development 184,217 159,624
Community & Development 13,462 4,770
Total Direct Program Expenses 299,402 270,179
8 DIRECT PROGRAM EXPENSES
9 ADMINISTRATION & STADIUM
OPERATING INCOME 2015 2014
Affiliation Fees 43,074 42,014
Court Hire 401,872 377,465
Funding 22,486 -
Memberships 26,995 33,328
Rents 6,523 6,169
Others 723 1,420
Total Operating Income 501,673 460,396
EXPENSES
Cost of Sales 2,083 5,948
Recharges (84,110) -
Salaries & Wages 222,506 158,407
Personnel & Contractors 19,716 14,458
Administration 90,956 77,843
Stadium 81,358 79,660
Finance 17,793 15,337
Professional Fees 33,700 6,638
Repairs & Replacements 44,134 3,750
Promotions & Marketing 859 899
Total Operating Expenses 428,995 362,940
Net Profit/(Loss) From Operations 72,678 97,456
41
FINANCIALS 04
10 EVENTS
2015 2014
Total Events Income 169,187 197,315
Total Events Expenses 168,753 131,591
434 65,724
OPERATING INCOME 2015 2014
Funding 20,199 -
Other Income 873 -
Total Events Administration Income 21,072 -
OPERATING EXPENSE
Recharges 30,978 -
Salaries & Wages 58,218 23,526
Personnel & Contractors 1,575 1,500
Administration 228 780
Repairs & Replacements 123 -
Total Events Administration Expense 91,122 25,806
Net Profit/(Loss) From Events Administration (70,050) (25,806)
a) EVENTS ADMINISTRATION
b) INTER CLUB
OPERATING INCOME 2015 2014
Stadium - Court Hire 2,112 -
Funding 10,811 -
Entry Fees 19,960 65,462
Other Incomes 288 -
Total Inter Club Income 33,371 65,462
OPERATING EXPENSE
External Courts - 23,436
Shuttles 10,080 1,814
Internal Courts 7,667 -
Other Expense 2,585 2,393
Total Inter Club Expense 20,332 27,643
Net Profit/(Loss) From Inter Club 12,839 37,819
42
04 FINANCIALS
OPERATING INCOME 2015 2014
Entry Fees 11,561 77,086
Total Sanction Income 11,561 77,086
OPERATING EXPENSES
External Courts 1,926 20,543
Fees & Levies 433 -
Shuttles - 490
Internal Courts 870 -
Other Expenses 2,740 35,702
Total Sanction Expenses 5,969 56,735
Net Profit/(Loss) From Sanction 5,592 20,351
c) SANCTION
OPERATING INCOME 2015 2014
Funding 5,170 -
Entry Fees 42,162 6,250
Total Casual Competitions Income 47,332 6,250
OPERATING EXPENSES
External Courts - 2,247
Shuttles 5,187 81
Internal Courts 21,083 -
Other Expenses 2,654 -
Total Casual Competitions Expenses 28,924 2,328
Net Profit/(Loss) From Casual Competitions 18,408 3,922
d) CASUAL COMPETITION
43
FINANCIALS 04
OPERATING INCOME 2015 2014
Stadium - Court Hire 1,990 -
Funding 4,691 -
Entry Fees 48,146 48,517
Other Income 725 -
Total School Income 55,552 48,517
OPERATING EXPENSES
Personnel & Contractors 240 -
Administration 536 -
External Courts 4,257 13,606
Internal Courts 11,070 -
Other Expenses 4,810 1,979
Total School Expenses 20,913 15,585
Net Profit/(Loss) From Schools 34,639 32,932
e) SCHOOLS
OPERATING INCOME 2015 2014
Funding 499 -
Total International Events Income 499 -
OPERATING EXPENSES
Repairs & Replacements 518 -
Other Expenses 975 3,494
Total International Events Expenses 1,493 3,494
Net Profit/(Loss) From International Events (994) (3,494)
Net Profit/(Loss) From Events 434 65,724
f) INTERNATIONAL EVENTS
44
04 FINANCIALS
11) COACHING & DEVELOPMENT
OPERATING INCOME 2015 2014
Funding 84,615 -
Other Income 825 -
Total Coaching Administration Income 85,440 -
OPERATING EXPENSES
Recharges 49,578 -
Salaries & Wages 103,732 14,524
Personnel Contractors 3,764 3,624
Administration 753 -
Direct Program Expenses 1,436 -
Total Coaching Administration Expense 159,263 18,148
Net Profit/(Loss) From Coaching Administration (73,823) (18,148)
a) COACHING & ADMINISTRATION
OPERATING INCOME 2015 2014
Funding 66,972 -
Club Coaching - 4,765
Schools Coaching 31,256 8,822
Other Income - 5,529
Total School Income 98,228 19,116
b) SCHOOLS
2015 2014
Total Coaching & Development Income 442,242 228,645
Total Coaching & Development Expenses 437,130 207,148
Net Profit/(Loss) From Coaching & Development 5,112 21,497
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FINANCIALS 04
OPERATING INCOME 2015 2014
Funding 26,775 -
Club Coaching 19,663 8,684
Coach Education - 10,320
Holiday Program Coaching 25,366 11,018
Squad Training 12,183 -
Total Coaching Program Income 83,987 30,022
OPERATING EXPENSES
Personnel & Contractors 16,371 15,036
Repairs & Replacements 2,760 -
External Courts 15,655 6,022
Shuttles 2,400 -
Internal Courts 14,229 -
Other Expenses 8 -
Total Coaching Program Expenses 51,423 21,058
Net Profit/(Loss) From International Events 32,564 8,964
c) COACHING PROGRAMS
OPERATING EXPENSES
Salaries & Wages 9,750 -
Personnel & Contractors 39,840 14,340
Repairs & Replacements 11,317 -
External Courts (61) -
Shuttles 5,196 7,013
Other Expenses 212 -
Total School Expenses 66,254 21,353
Net Profit/(Loss) From Schools 31,974 (2,237)
46
04 FINANCIALS
OPERATING INCOME 2015 2014
Funding 33,809 -
Holiday Program Coaching 10,426 -
Squad Training 3,722 47,346
Representative Fees 124,230 132,161
Other Income 2,400 -
Total Representative Income 174,587 179,507
OPERATING EXPENSES
Personnel & Contractors 17,535 -
Administration 53 -
Repairs & Replacements 1,575 -
External Courts 27,410 23,179
Fees & Levies 11,513 -
Shuttles 7,867 4,959
Travel 62,874 -
Internal Courts 18,510 2,195
Other Expenses 12,853 116,256
Total Representatives Expenses 160,190 146,589
Net Profit/(Loss) From Representatives 14,397 32,918
Net Profit/(Loss) From Coaching & Development 5,112 21,497
d) REPRESENTATIVES
12) COMMUNITY DEVELOPMENT
2015 2014
Total Community Development Income 45,075 50,375
Total Community Development Expenses 50,851 53,245
Net Profit/(Loss) From Community Development (5,776) (2,870)
47
FINANCIALS 04
OPERATING INCOME 2015 2014
Funding 27,750 -
Total Community Development Administration Income 55,552 -
OPERATING EXPENSES
Recharges (15,978) -
Salaries and Wages 51,333 38,895
Administration 664 -
Direct Program Expense 104 874
Total Community Development Administration Expenses 36,123 39,769
(8,373) (39,769) Net Profit/(Loss) From Community Development Administration
a) COMMUNITY DEVELOPMENT ADMINISTRATION
OPERATING INCOME 2015 2014
Funding 2,309 -
Internal Facility 850 -
Coaching 450 -
Total Clubs and Facilities Income 3,609 -
OPERATING EXPENSES
Personnel & Contractors 535 -
Apparel/Equipment 1,440 -
External Courts 809 -
Total Clubs and Facilities Expenses 2,784 -
Net Profit/(Loss) From Clubs and Facilities 825 -
b) CLUBS AND FACILITIES
48
04 FINANCIALS
OPERATING INCOME 2015 2014
Funding 10,660 15,064
Affiliation Clubs - 2,898
Casual Clubs 2,882 28,855
External Facility - 696
Coaching 174 2,862
Total New Program Income 13,716 50,375
OPERATING EXPENSES
Personnel & Contractors 1,077 9,580
Apparel / Equipment 1,555 -
External Courts 7,170 2,659
Shuttles 1,600 -
Other Expenses 542 1,237
Total New Program Expenses 11,944 13,476
Net Profit/(Loss) From New Program 1,772 36,899
Net Profit/(Loss) From Community Development (5,776) (2,870)
c) NEW PROGRAMS
13) OPERATIONS
2015 2014
Total Operations Income 360,656 384,197
Total Operations Expenses 354,656 376,658
Net Profit/(Loss) From Operations 6,000 7,539
a) OPERATIONS ADMINISTRATION
OPERATING INCOME 2015 2014
Funding - -
Total Operations Administration Income - -
49
FINANCIALS 04
OPERATING EXPENSES
Recharges 4,298 -
Salaries and Wages 8,095 35,491
Personnel & Contractors 203 -
Administration 1,628 1,938
Finance 6,497 6,644
Repairs and Replacements 89 -
Total Operations Administration Expenses 20,810 44,073
Net Profit/(Loss) From Operations Administration (20,810) (44,073)
OPERATING INCOME 2015 2014
Sales - Product 297,356 314,782
Sales - Hire 3,837 -
Sales - Repair 2,752 -
Total Pro Shop Income 303,945 314,782
COSTS OF GOODS SOLD
Opening Stock 60,843 36,222
Purchases 198,462 240,553
259,305 276,775
Closing Stock (86,291) (60,843)
Total Cost of Goods Sold 173,014 215,932
Gross Profit / (Loss) 130,931 98,850
b) PRO SHOP
OPERATING EXPENSES
Recharges 9,979 -
Salaries & Wages 66,020 34,813
Personnel & Contractors 1,455 686
Administration 109 -
Repairs & Replacements 383 348
Total Pro Shop Expenses 77,946 35,847
Net Profit/(Loss) From Pro Shop 52,985 63,003
50
04 FINANCIALS
OPERATING INCOME 2015 2014
Sales - Food 23,123 29,891
Sales - Beverages 32,518 38,254
Sales - Vending 1,070 1,270
Total Cafe Income 56,711 69,415
COSTS OF GOODS SOLD
Opening Stock 3,106 4,416
Purchases 30,109 32,408
33,215 36,824
Closing Stock (3,499) (3,106)
Total Cost of Goods Sold 29,716 33,718
Gross Profit / (Loss) 26,995 35,697
OPERATING EXPENSES
Recharges 5,255 -
Salaries & Wages 36,691 37,959
Personnel & Contractors 1,038 1,164
Administration 4,396 5,104
Stadium 659 168
Finance 3,617 2,559
Repairs and Maintenance 1,492 134
Promotions and Marketing 22 -
Total Cafe Expenses 53,170 47,088
Net Profit/(Loss) From Cafe (26,175) (11,391)
Net Profit/(Loss) From Operations 6,000 7,539
c) CAFE