Annual Report 2018 www.myotherapy.org.au

Table of Contents

MISSION STATEMENT………………………………………………………………………………………………………………. 3 KEY OBJECTIVES OF MA 2017-18………………………………………………………………………………………………. 3 HISTORY OF MA…………………………………………………………………………………………………………………………3 BOARD OF DIRECTORS……………………………………………………………………………………………………………….3 PRESIDENT’S REPORT…………………………………………………………………………………………………………………4 CHIEF EXECUTIVE OFFICER’S REPORT………………………………………………………………………………………….5 COMMITTEE REPORTS………………………………………………………………………………………………………………..7

PROFESSIONAL DEVELOPMENT COMMITTEE…………………………………………………………………………..9 - Transitioning from 2 year to one-year PD Cycle………………………………………………………………..9

MEMBERSHIP COMMITTEE…………………………………………………………………………………………………….9 - Social Media Highlights…………………………………………………………………………………………………10 EVENTS and CONFERENCE COMMITTEE……………………………………………………………………………….11 - 2018 Conference Overview…………………………………………………………………………………………… 13 - 2017-18 PD Events Overview………………………………………………………………………………………… 13 - 2019 PD Events Calendar……………………………………………………………………………………………… 14 ADVOCACY COMMITTEE………………………………………………………………………………………………………15

MYOTHERAPY ASSOCIATIONS AUSTRALIA AGM 2017 MINUTES……………………………………………… 16 FINANCE REPORTS MA 2017-18………………………………………………………………………………………………. 20 AUDITOR’S LETTER……………………………………………………………………………………………………………………27

3

About Myotherapy Association Australia Mission Statement “To support, promote, develop, and endorse the Myotherapy profession and maintain the highest standards of practice for our members and their clientele”. Key Objectives of MA 2017-18

• Increase Membership numbers • Increase Event offerings and attendance • Facilitate a Professional National Conference for Myotherapists • Increase profile and membership in all States of Australia • Increase engagement and profile of student membership in RTO’s that offer Myotherapy and

Remedial Massage courses • Increase proficiency and extend training and development opportunities of MA Board • Increase advocacy role • Recognise business as a professional development area • Increase industry partnerships and member benefits • Continue the development of the MA website to improve member information available and

accessibility on the website • Increase social media engagement to ensure consistency in profiling of the Myotherapy

profession across a broader platform. History of MA The first Myotherapy course was instigated in 1989 by the Royal Melbourne Institute of Technology (RMIT) Victoria. In that year a group of Myotherapy students and graduates saw the need for an Association to represent the growing number of students and graduates with Myotherapy qualifications. With great foresight, they formed an Association to help promote and encourage the growth of Myotherapy as a new Australian Allied Health Profession. The Association was run by a volunteer Board and the Administration was carried out by volunteers for a number of years. In 1998, with a membership in the order of 130, a decision was made by the Board to employ a part-time Administrator. The position was advertised in the Association's newsletter and Iris Cass was appointed. Iris worked from home with IRMA’s computer, printer and phone with the days increasing over the years as the membership base grew. In 2018 Myotherapy Association Australia remains Australia’s only association dedicated solely to the needs of Myotherapists and Myotherapy profession. It celebrates a continual growth in membership numbers from humble beginnings of 130 members to a database in excess of 780 members and has seen the offering of Myotherapy studies grow from 1 course in 1989 to 2 Bachelor Degree courses and more than 15 Advanced Diploma courses recognised Nationally.

4

BOARD of DIRECTORS

President (from June 2018), Steve Anastasopolous

Vice President (from June 2018), Nick Steward

Treasurer, Cameron Miles

Secretary, Melinda Atkinson

Board Member, Lisa Fiddes

Board Member, Michelle David

Board Members concluded mid-term: Anna Yerondais (appointed to CEO), Neil Eager

5

PRESIDENT’S REPORT – Steve Anastasopolous

“The Board have deliberated on and adopted a number of exciting changes over the past 12 months”.

It with great pleasure as your newly appointed MA President I bring to you, on behalf of your MA Board, CEO and staff, our annual report for the 2017-18 financial year. This report is not only a reflection of the great work undertaken by the staff and board, but a testament to our members, industry partners and training organisations who continue to support the rapid growth of our profession of Myotherapy. My first duty in writing this report is to thank our outgoing President, Anna Yerondais, who ended her term in June of this year and transitioned to the role of MA’s Chief Executive Officer. We welcome Anna to the role, and acknowledge whilst under her stewardship as President, the Board has overseen another busy and productive period for the association and this momentum I am keen to take forward. One of the many changes included the departure of our previous CEO Dr. Neil Fisher back in December 2017, as the Board concluded that greater opportunity for industry and association growth may lay in consideration of alternate leadership. In conjunction with the Board and MA Staff, Anna bought to life the eagerly awaited online Membership renewal and new member registration platform; successfully implemented in August of this year. March this year saw the execution of yet another hugely successful National Myotherapy Conference. Now heading into its third year of running as an annual event, we have been extremely pleased with the response to these events, enjoying numbers in excess of 240 delegates, a number of highly reputable industry partners sponsoring and exhibiting their products and services and presenters from National and International platforms. Under the new association leadership and in working closely with our committees, we continue to make stronger connections with industry stakeholders through partnership and collaboration. Most notably this has seen a more direct collaboration with training providers, engaging personally with students of their Remedial Massage Diploma, Advanced Diploma of Myotherapy and Bachelor Myotherapy and Clinical Myotherapy courses. Our social media campaigns have seen us explode onto various platforms including Instagram, Facebook and LinkedIn, as reports further down in the document indicate. MA maintain a healthy financial position, and with the expansion of our PD calendar, offering live streaming to some PD events for greater inclusion for our regional and interstate members, an increase of membership fees, review of our advertising rates and seeing greater engagement of external approved PD advertising and industry partners and sponsorship, there is consistency with our surplus. At this point I want to acknowledge and sincerely thank our very loyal and dedicated staff that have continued to work through leadership changes over the past 12-18months. It is important to thank my fellow Board members and Committee members for their efforts and continued support of the association. Maintaining the associations steady financial position, focus to comply with good governance and advocacy and professional development of our association and profession would not be possible without their dedication.

6

Finally, and most importantly I want to thank you, the member. The support, engagement and enthusiasm we have seen from our existing, new and potential members for this exciting profession offers us great confidence in the work that we do moving forward. Myotherapy is undoubtedly a profession that has seen and will continue to see growth and recognition in the allied health space, and MA are excited as the peak body representing the Myotherapy profession, to support, advocate and help facilitate this growth.

Steve Anastasopolous President

7

CHIEF EXECUTIVE OFFICER’S REPORT

“It has been a year of change, challenges and new beginnings. Most of all, it has been a period of relationship building and social engagement, that has seen MA grow from strength to strength. Well done to all involved.”

It excites me as a member of MA (formerly IRMA) since 1997, I now report to you as your CEO. As reported earlier by our President, the Association, our staff, Board and members have all been extremely patient with some significant changes experienced over the past few years, much of this reflected in changes in leadership roles. It is to be expected that with change comes challenges, resistance and many questions, however I ask that we also embrace the exciting opportunities that change can bring. From a professional event perspective, we held another very successful National Annual Conference in March of this year, bringing together more than 240 delegates and industry partners to discuss topics of Mindfulness and the ever-growing Science of Pain and Pain Management. Well done to all involved in bringing together such a successful event, and MA look forward in continue to bring you outstanding annual conferences and other professional development events. The 2017-18 year, although met with challenges and change, also revealed highlights that has seen the Association lay solid foundations for future growth, as highlighted in the President’s report, in areas of marketing, networking, greater stakeholder engagement, membership growth, governance and industry partnerships. The Association have enjoyed bringing together a more expansive professional development calendar over the past 12months, including events run throughout regional and coastal Victoria, and are now embracing our online platform for professional development events, enabling interstate members to access Myotherapy specific events and have a sense of inclusion with our AGM. In keeping with good governance, the MA Constitution has been reviewed and changes made accordingly to accurately reflect the Association operational capacity and rules that apply to members. These changes have been distributed to all members and will go before those in attendance at the 3 October 2018 AGM. We will also be working to refine and update our Code of Ethics and Code of Practice documents over the next 6-9 months. The Myotherapy Association Australia appreciate the fast-moving pace of social media platforms to both engage and inform audiences of the developments of professional benefits of myotherapy services, hence MA engaging Media group Social Concepts to help facilitate our digital profile. Further reporting can be found within this report, however it’s fair to say that this investment has seen great return in its short 6-month period, and we look forward in continued growth in this space. It is important to reference that with social media comes controversy and varied opinions, and we hope to impress upon members and the industry that professionalism should be considered and maintained at all times. There is confidence in the Association’s financial position, as we see another healthy 12-month period considering the unexpected expense associated with website upgrades and the implementation of our online membership renewal and registration platform. This was a project initiated under the previous management and many unforeseen errors were inherited when the Board elected a change to management, however with the assistance of our office staff and with clearer direction for the web and database design team the project was bought to completion. Finally, this platform is operational and will reduce much of the laborious administration tasks previously involved. Our next stage will be the development of an online PD recording platform for

8

members, and in learning from past errors, an IT consultant will be engaged that has led such projects for other membership Associations such as the Osteopathic and Occupational Therapists Associations. Gratitude must be extended to all the team in the office. Iris for her leadership and guidance and Niki and Genine for their loyalty, dedication and patience with the change; your support has been enormous, and I appreciate this immensely. Thank you to the Board and Chair for their support. Time dedicated to these roles is provided freely to the Association and your work on the MA Committees, the National Conference 2018, and your operational engagement in bi-monthly meetings and considerations of the governance, executive staff, strategy, finance, and risk management aspects of MA is appreciated. Your work and commitment to counsel on a range of matters undoubtedly assists me in doing my job. Finally thank you to the members. Your continued support and loyalty towards the Association is what enables us to continue forging forward and ensuring that the Myotherapy Association Australia lead the field as the peak body representing the needs of Myotherapist's and the Myotherapy profession.

Anna Yerondais Chief Executive Officer Myotherapy Association Australia

9

COMMITTEE REPORTS PROFESSIONAL DEVELOPMENT COMMITTEE As with other Allied Health practitioners, Myotherapists are required to maintain and extend their clinical knowledge and skills in order to keep abreast of emerging evidence-based research and best industry practices. Over many years, MA has developed a systematic professional development system specifically designed for Myotherapists. The MA Professional Development Committee has governed the development and implementation of the MA professional development system. In 2017-18 the Professional Development Committee consisted of: Anna Yerondais [Chair]; Carey Wheeler, Jocelyn Fox, Anna Parker. Members concluded mid-term: Neil Eager. Transitioning from 2 year to one-year PD cycle In the early part of 2017 new PD Guidelines were adopted, and change was passed to move from a two-year to a one-year system for professional development. The rationale for this was the ease of management for practitioners who too often delayed their professional development when it was spread over a two-year cycle, and then needed to cram at the end of the cycle. These new guidelines ensure there is a strong emphasis on evidence-based principles along with clinical and business relevance. Although some members found the new 12-month cycle a challenge to adopt, the overall response was very positive and well received. The PD committee understood that some inconsistencies were noted within the new document, and have since made the appropriate changes, along with the reinstatement of 2 “Informal” points allocated for practitionership and adopted a compulsory 4-point requirement for “Formal” PD activity. As the committee come towards finalising the 2019 – 2020 PD Calendar, consideration is taken as to ways in which our regional and interstate members can gain greater access to a higher calibre of events. Our new online platform will see webinar and online learning opportunities become more available, including access to our AGM and National Conference presentations. Consistent with the approach now adopted by related AHRPA Boards and Professional Bodies, a process of random audits will remove the need for members to seek prior approval for PD activities they wish to undertake. MA's PD now provide significant guidance and inspiration in the form of suggestions re topic areas and source materials, e.g. online learning suggestions, podcast suggestions and lists of related journals. Provision has also been made for clear, ongoing documentation of PD undertaken, which will form a valuable resource for members, and which will assist MA identifying areas of interest and/or need for future MA-linked courses, conference and materials.

10

MEMBERSHIP COMMITTEE Membership number for the Association enjoyed a steady growth rate from 2017-18. Much of this growth can be contributed to the increase social media engagement, greater presence of MA Board and membership committee members attending industry and training provider event days and the delivery of student presentations throughout a number of the Myotherapy courses.

*other refers to members deferred as a result of personal and maternity leave, affiliates, retired members and extended travel. MA will continue to focus on building its membership and member benefits in the coming year. In 2017-18, the Membership Committee consists of: Lisa Fiddes [Chair]; Ian Lim; Leigh Ting; Melinda Ioannou; Melinda Atkinson and Anna Yerondais. The Board passed on the recommendation by our CEO to see Membership fees increase for the year 2018-19 membership period. The increase has aided in MA supporting the increase costs of indemnity and liability insurance coverage for members inclusive with their member fees, investment in engaging PR and consultancy specialists that focus on community and government engagement, further web and database integration, deliver a greater number of high calibre Professional Development events and maintain up to date systems and office technology. Current Member Benefits include:

• Insurance policy with coverage including: $20 million professional indemnity and $20 million public liability through Guild Insurance;

• Inclusion for Dry Needling to be covered under the MAs insurance policy for Remedial Members that have successfully completed Myofascial Dry Needling study components (restrictions apply)

• Utilisation of the MA logo and branding;

0100200300400500600700800900

July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June

Affiliates Full Remedial Student

37%

24%

19%

9%

11%

MEMBERSHIP BY QUALIFICATIONAdv Dip Myo Diploma Remedial Massage Bachelor health Science Student other

11

• Enlistment with Private Health Funds to provide rebates to member’s clients; • “Myotherapy Today” online newsletter; • AHPA “friends” status • Advocacy to improve the public profile of MA, and to engage with Government, other Allied

Health professions, and health insurance providers to ensure Myotherapy continues to advance as a profession;

• Free, exclusive listing on the ‘Find a Myotherapist’ searchable database, which is a priority place for people looking for Myotherapy services in Australia;

• Free classified posting for job listings • Professional Development training recommendations, support, and approved course

notifications; • Eligibility to register with WorkCover in various States • Industry partnerships and member benefits with Red Coral, Firm N Fold, Employsure and

MedFin. Members can enjoy benefits in the coming year with MA continuing a strong line in Advocacy as the peak national body for Myotherapists and the Myotherapy Profession in areas of:

• Health Fund recognition, and the push for consideration of separate item codes for Myotherapy services vs. Remedial

• Maintaining a strong alliance with AHPA • Increased Industry partnerships for MA Members • Submissions to governing groups for Myotherapy service recognition • Increased profiling to consumers and other allied health and medical practitioner groups • Alignment of the “Myotherapy” definition

SOCIAL MEDIA HIGHLIGHTS The ever growing and popular use of social media to campaign, profile and engage audiences is something that MA have consciously embraced, and quickly identified that investing in an organisation that specialise in the area of digital marketing and engagement would return greater results than fumbling our way through this ourselves. In April this year MA contracted Oraco Agency (formerly Social Concepts) to undertake our digital profile, and the results have been very impressive. The social media strategy developed for Myotherapy Australia has been implemented through the following platforms: Facebook, Instagram and LinkedIn. The following sections will provide a detailed breakdown of the social activity on each platform over April and September 2018 (Please note, we are reporting on September before the month has completed so there will be some changes). A quick overview of the past six months: • In the first month of Facebook management we saw a 641% increase in engagement compared to the month prior, and an 186% in reach • Instagram following more than doubled during this period • LinkedIn is slow, which is expected, the same algorithms as Facebook and Instagram don’t govern it and it has a few limitations.

12

• Overall, organic growth across all platforms has been more than we would anticipate. We are pleasantly surprised. Our focus moving forward is to engage that existing audience we have which will hopefully continue to bring in new audiences regularly • Member profiles, newsworthy articles and tiles generate the highest engagement across the board

13

EVENTS and CONFERENCE COMMITTEE 2018 Conference Overview This was a very committed, driven and productive Committee, producing an outstanding result with the 2018 Conference being a huge success. Well done to all involved in the Conference Committee: Anna Yerondais [Chair]; Cher Hetherington; Elise Palmer; Nick Steward and Kara Pratt. The 2018 MA National Conference, ‘A Mindful Practice’: Understanding the Mind/body Connection, hosted at William Angliss Conference Centre, Melbourne was an exceptional event with speakers including: Dr Daniel Harvie, Dr Nick Christelis, Dr Karen Lucas, Gerald Quigley, Dr Catherine Fyans, Andrew Gallagher, Andrea Williams and Sally Cumming. Our 2018 Toni Moynihan award was awarded to a very deserving, Iris Cass for her years of commitment to the Myotherapy Association Australia. MA are thankful to each of the sponsors for the 2017 National Conference: Torrens University / Southern School of Natural Therapies; Melbourne Institute of Massage & Myotherapy, Fix Muscle Performance; Elite Myotherapy; Red Coral; Continuing Education Australia; Firm n Fold and Naboso and thank again Tallis Wine for their generous donations. 2017-18 PD Events Overview The 2017-18 events calendar enjoyed an increased number of MA run Professional Development events across a broad range of modalities, and greater partnerships with External PD providers as

14

accredited events. We are excited to be finalising our 2019 PD Events, with our largest event on the calendar being our 2019 National Myotherapy Conference (Melb) set for Sunday 3 March.

July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Total 14-2015 Year

51 40 18 - 9 - - 20 47+ 0 40+ 20+ 245+

15-2016 Year

0 0 18 75 20 - - 28 33 14 8 20 216

16-2017 Year

80 28 20 114 35 0 0 0 272 13 25 78 665

17 -2018 Year

6 27 24 88 13 36 0 42 242 80 29 90 676

18-2019 Year

40 97 8 78 (to date)

3 (to date)

0 0 0

226 (to date)

The following events are planned for 2018-2019: 2018 October 20th – RockTape Level 1 QLD. This introductory taping course integrates concepts from all other methods and provides a framework for the practitioner to determine the best approach for them and their clients using their own clinical reasoning. October 24th – FREE webinar with MA and Employsure. Gain top tips on how you can ensure your business remains compliant and build your workplace confidence as we address common issues faced in the Healthcare Industry. October 28th – Advanced Dry Needling (Melb). These half day advanced dry needling workshops are practical, hands on sessions aiming to deepen your knowledge of needling techniques. November 12th - Join us live as Physiotherapist Matthew Williams dispels some of the misconceptions associated with OA.

2019 February 9-10th – KLT Level 1 with Wayne Rogers. Explore effective integrated exercises and current functional strength training concepts - designed to inspire all exercise professionals who are dedicated to helping clients achieve 100% return to function.

0

100

200

300

400

500

600

700

July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Total

14-2015 Year 15-2016 Year 16-2017 Year 17 -2018 Year 18-2019 Year

15

March 3rd – MA National Myotherapy Conference This is Australia’s only Myotherapy specific conference. The 2019 National Myotherapy Conference will build on the success of previous conferences by engaging over 250 Myotherapists and other allied health professionals. March 16-17th – Joint mobilisation with Jon Snowsil. This workshop will build on Jon’s very successful mobilisation workshops run earlier in 2018. Jon will thoroughly cover theoretical and practical findings that support the evidence for use of spinal mobilisation and consideration of indications and contraindications associated with its use. April 28th (Melb) – Introduction to The McKenzie Method with Brett Rawlings. This session will be an introduction to the McKenzie Method of diagnosis and therapy for patients with spinal and extremity problems. May 25 – 26th – KLT Level 2: Refining Movement Control with Wayne Rogers. Building upon his Level 1 course, Wayne explores the creation of KLT Focus Programs. Integrated exercises selected and programmed for sports specific needs or an individual’s rehabilitation goals. June 2nd (Geelong) - Introduction to The McKenzie Method with Brett Rawlings. This session will be an introduction to the McKenzie Method of diagnosis and therapy for patients with spinal and extremity problems. More events with dates to be confirmed include: Ergonomic risk and Training course (Melbourne and Geelong) – Heath Williams Evidence-based practice for pregnancy – Andrea Williams Webinars – Business and Clinical excellence webinar presentations. ADVOCACY COMMITTEE Kicking off in November 2017, the broad objectives of the Myotherapy Association Australia (MA) Advocacy Committee are to support the Board of Directors and the CEO in the development of strategies to promote the advocacy of Myotherapy in the political and social sectors, in order to develop the profile, and the position of Myotherapy as an Allied Health profession. In executing these duties, the Advocacy Committee may liaise and work with the other MA Committees to develop relevant, quality activities, and engagement opportunities. The committee have certainly opened the conversation to some very relevant topics which ensure focus is maintained on the needs of members and the myotherapy profession. There is certainly much work ahead of us to ensure we stay ahead of the game and avoid distribution to our profession. Focus areas and strategic planning for this committee include, however not limited to; consideration of educational pathways for advanced diploma graduates to effectively access degree upgrade opportunities, opening dialogue with HiCaps and Health Funds for consideration of separate items codes for Myotherapy services vs. Remedial services and to ensure certainty of Myotherapy remaining a rebatable service by private health funds, campaigning to have GST on Myotherapy services recognised as a disadvantage to businesses and therefore removed, TAC Submission, NDIS and continued discussions with AHPA to ensure engagement with other allied health groups. It needs to be appreciated that none of these matters are short term projects, and the committee are working steadily in there 2025 project. Thank you to all involved; Anna Yerondais [chair], Andrea Williams [retired from committee], Nathan McKeown, Deanna Norris and Matt Jeffers.

16

Myotherapy Association Australia Annual General Meeting Tuesday 10 October 2017

MINUTES Meeting Opened at 7:09pm

In attendance

AGM 2017 ATTENDEES Michael Adrien Jane Godina Susan Pearce Steve Anastasopoulos Hayden Green Kara Pratt Melinda Atkinson Tammy Hales Peter Prskalo Winsome Bailey Leigh Holliday Alana Pryor Joanna Bouris Bradley Holt Ewa Przybylska Lan Hing (Febie) Cheng Cindy Hughes Jason Quigley Steven Yew Lock Chia Jessica Jelleff Julie Redmond Josephine Colicchia Melissa Joyce Lachlan Ryan Cobie Cowling Georgina Koumantzias Kristen Tipping Michelle David Yi Xian Fiona Li Shannyn Trevorah Simone De Moor Gaetan Limsowtin Alison Trewhella Rachael Dixon Karen Lucas Natalie Turner Christine Domino Daniel McKay Kate Walters Neil Eager Nathan McKeown Laurence Westcott Irene Everett Elise McMillan Anna Yerondais Lisa Fiddes Cameron Miles Nicole Young Rebecca Gardiner Leah Orchard Lauren Gay Yusuf Ozenoglu

Apologies: Samantha Rigby

1. Welcome and Apologies and conflict of interest – none declared.

2. Minutes of the Previous AGM and matters arising.

The minutes of the AGM held on 25 October 2016 were tabled and accepted without

amendment.

Moved by Anna Yerondais (member/President)

Seconded by Neil Eager (members/Vice President)

3. Reports

17

a. Presidents report – delivered by Anna Yerondais

PD guidelines Advised of change to 20 points per annual cycle

- where to find workshops - info on guidelines - where/ how to accrue points - webinars - rural members - welcoming new pd ideas via members feedback - podcasts in near future

Aust Pain Therapy board adding Myo to list MA are very proud of this new addition and future awareness. TAC Community story Anna and Neil Fisher (CEO) meeting with head of health services division at EOM Discussions relating to how we have myo considered on the allied health services for these patients; welcoming members input and ideas. Financial position [attached] Report included in Annual Report Booklet Acknowledgment and thank you to MA office staff for their tireless commitment and hard work, particularly throughout this period of change, and thank you extended to MA members support and feedback Sub committees Welcoming new members/ recruits Ideas of commencing a new Advocacy committee. Social media Welcoming new ideas and feedback and helpful comments

b. CEO’s Report and Financial Report [includes confirmation of membership fees]

Neil Fisher CEO Report Moved by: Joanna Bouris Seconded by: Michelle David Intro about Neil Fisher and his professional history Acknowledging Anna Yerondais for her work in supporting the hand-over of role to CEO, Board of Directors, PD committee members and office staff, and special mention and thanks to Nello Marino [previous CEO].

18

New memberships New and improved Member Benefits, i.e. insurance introduced as a member benefit now inclusive with membership fees for Remedial, New Graduate and Full Members. New website and improvements – Work in progress. Engaging a new web developer company, Thirst Creative. Revision of website to include PD uploads and self-managed PD activity. Goal to increase Interstate members/ incl. courses/ educators 30 NSW, 30 QLD Myo brochures supplied tonight Will be ready soon for distribution by members and by MA to public and students/ courses

c. AUDIT REPORT FY17 Cameron Miles (treasurer) presented the tabled Financial Statements for the year ended 30 June 2017 highlighting: Healthy financial position by MA due to the introduction of Annual National Conference and the increase to membership feeds with the added inclusion of Insurance as a membership benefit. Employment costs have stabilised now seeing the Associations second year having appointed a CEO. Stability and increase in profit over past year. Financial report Janine Hilbert of J9 Pty Ltd and prepared and audited by Mr Bob Charles of Melbourne Business Accountants, 200 Alexandra Parade, Fitzroy. Cameron moved that the tabled Financial Reports for the year end June 30, 2017 be accepted, seconded: Leigh Holliday Welcoming Questions: Member query about how the income increase came about that is reported within this report. Neil F: This increase in revenue as a result of new members and also insurance Welcoming questions No further questions from members

4. Election of Board Members

Anna called for further nominees to the vacant positions. The following were elected

unopposed.

Anna Yerondais – President;

Melinda Atkinson – Secretary;

Michelle David – Director;

Steve Anastopoulos – Director

19

Composition of 2017-2018 MA Board of Directors:

Office bearer: Directors:

President: Anna Yerondais Nicholas Steward

Vice President: Neil Eager Steve Anastopoulos

Treasurer: Cameron Miles Lisa Fiddes

Secretary: Melinda Atkinson Michelle David

5. Other Business

Anna invited questions from the floor. A question was raised regarding GST on myotherapy

services and whether anything further is happening to have this removed. Explained that

Advocacy for such matters requires greater profiling of the myotherapy profession.

6. Meeting Close

7.50pm

MYOTHERAPY ASSOCIATION AUSTRALIA INCORPORATED ABN: 69 036 734 493 Reg No: A0018573E

20

STATEMENT OF COMPREHENSIVE INCOME

FOR THE YEAR ENDED 30 JUNE 2018

Note

2018

$

2017 $

The accompanying notes form an integral part of this Statement of Comprehensive Income.

Revenue from ordinary activities 2 372,378 362,438

Interest income 2,337 1,715

Total revenue 374,715 364,153

Employment costs 179,085 190,990

Occupancy expenses 21,116 19,818

Administration expenses 162,046 150,239

Depreciation 894 596

Total expenses 363,141 361,643

Profit/(Loss) from ordinary activities before income tax 11,574 2,510

Income tax expense 3 0 0

Net Profit/(Loss) for the year 11,574 2,510

Other comprehensive income Less distributions made

0

0

Total comprehensive Profit / (Loss) for the year 11,574 2,510

MYOTHERAPY ASSOCIATION AUSTRALIA INCORPORATED ABN: 69 036 734 493 Reg No: A0018573E

21

STATEMENT OF FINANCIAL POSITION

Current Assets

AS AT 30 JUNE 2018

Note

2018 $

2017 $

Cash at Bank 302,318 315,122

Sundry Debtors 2,337 0

Prepayments 0 43,455

Receivables 550 80

Total Current Assets 305,205 358,657

Non-Current Assets 6 36,731 10,255

Total Non-Current Assets 36,731 10,255

Total Assets 341,936 368,912

Current Liabilities

Other Payables

40,767

85,722

Fees & Registrations in Advance 163,923 157,767

Total Current Liabilities 204,690 243,489

Non-Current Liabilities 248 -

Total Non-Current Liabilities 248 -

Total Liabilities 204,938 243,489

Net Assets 136,998 125,423

Members Funds

Members Funds at Start of Year

125,423

122,913

Net Profit / (Loss) for the year 11,574 2,510

Members Funds at Year End 136,998 125,423

The accompanying notes form an integral part of this Statement of Financial Position

MYOTHERAPY ASSOCIATION AUSTRALIA INCORPORATED ABN: 69 036 734 493 Reg No: A0018573E

22

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 30 JUNE 2017

2018

$

2017

$

Cash flows from operating activities

Receipts from Members, Sales and Activities (Note 2) 372,378 362,438

Payments to employees and suppliers (362,247) (361,047)

Interest received 2,337 1,715

Net cash flows from operating activities (a) 12,469 3,106

Cash flows from investing activities

Proceeds from sale of plant and equipment

- -

- -

Purchase of plant and equipment (27370) (2343)

Net cash flows from investing activities (27370) (2343)

Cash flows from financing activities

(Increase) / Decrease in receivables (40,648) (38,925)

(Increase) / Decrease in payables (38,551) (20,849)

Net cash flows from financing activities (2,097) (18,076)

Net (decrease)/increase in cash and cash equivalents held

(12,804)

(17,313)

Cash and cash equivalents held at the beginning of the year

315,122

332,435

Cash and cash equivalents held at the end of the year

302,318

315,122

(a) Reconciliation of net cash flow from operating activities to operating profit after income tax

Net Profit/(Loss) after income tax 11,574 2,510

Depreciation Net gain on disposal of property, plant and equipment

894

-

596

-

Cash flow from operating activities 12,469 3,106

The accompanying notes form an integral part of this Statement of Cash Flow.

MYOTHERAPY ASSOCIATION AUSTRALIA INCORPORATED ABN: 69 036 734 493 Reg No: A0018573E

23

Board Members Declaration for

the year ended 30 June 2018

In the opinion of the Directors of the Myotherapy Association Australia Incorporated:

a) The attached financial statements and notes of the Myotherapy Association of Australia are in accordance with:

i.) Giving a true and fair view of its financial position as at 30 June 2018 and of its performance for the financial year ended on that date; and

ii.) Complying with the requirements of the Associations Incorporation Reform Act 2012 ; and

b) There are reasonable grounds to believe the Myotherapy Association Australia Incorporated will be able to pay its debts as and when they become due and payable.

Signed in accordance with a resolution of the Board.

On behalf of the Board

………………………….. ………………………….. Steve Anastasopoulos Cameron Miles President Treasurer

September 2018 September 2018

MYOTHERAPY ASSOCIATION AUSTRALIA INCORPORATED ABN: 69 036 734 493 Reg No: A0018573E

24

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2018

NOTE 1: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

(a) Basis of Preparation These financial reports are a special purpose financial report prepared in order to satisfy the financial reporting requirements of the Associations Incorporation Reform Act 2012. The Board has determined that the Myotherapy Association Australia is not a reporting entity.

The reports have been prepared in accordance with the requirements of the Associations Incorporation Reform Act 2012 and the following Australian Accounting Standards and other mandatory professional reporting require:

• AASB 101 "Presentation of Financial Statements" • AASB 107 "Statement of Cash Flows"

• AASB 108 "Accounting Policies, Changes in Accounting Estimates and Errors"

• AASB 1031 "Materiality" • AASB 1048 "Interpretations of Standards"

• AASB 1054 "Australian Additional Disclosures".

The financial report has been prepared on an accrual basis of accounting including the historical cost convention and going concern basis.

Both the functional and presentation currency of the Institute is Australian dollars ($).

(b) Statement of Compliance The financial report is a special purpose financial report which complies with the recognition and measurement requirements of Australian Accounting Standards.

(c) Going Concern

The financial statements are prepared on a going concern basis.

(d) Other Receivables

Other receivables which generally have 30-day terms, are recognised at invoiced amounts less an allowance for any uncollectible amounts.

(e) Plant and Equipment

Items of plant and equipment are held at cost less accumulated depreciation. These assets are depreciated on a straight line basis over their estimated useful lives between 5 to 10 years.

The assets' residual values, useful lives and amortisation methods are reviewed, and adjusted if appropriate, at each financial year end.

Repairs and maintenance are recognised in profit or loss as incurred.

25

(g) Other Payables

Other payables are carried at cost and due to their short term nature they are not discounted. They represent liabilities for goods and services provided to the Institute prior to the end of the year that are unpaid and arise when the Institute becomes obliged to make future payments in respect of the purchase of these goods and services. The amounts are unsecured and are usually paid within 30 days of recognition.

(h) Revenue Recognition

Revenue is recognised and measured at the fair value of the consideration received or receivable to the extent it is probable that the economic benefits will flow to the Institute and the revenue can be reliably measured. The following specific recognition criteria must also be met before revenue is recognised:

Revenue from the sale of goods is recognised when there has been a transfer of risks and rewards to the customer (through the execution of a sales agreement at the time of delivery of the goods to the customer), no further work or processing is required, the quantity and quality of the goods has been determined, the price is fixed and generally title has passed.

Revenue from memberships is recognised as income in the periods in which the membership relates to.

Interest revenue is recognised as interest accrues using the effective interest method.

NOTE 2: REVENUE FROM ORDINARY ACTIVITIES 2018

2017 $ $

Membership - Full

248,656

226,134

Membership - Remedial 10,924 11,012 Membership - New Graduate 4,770 8,522 Membership - Affiliate 636 818 Advertising 4,460 4,832 Conferences/Seminars/Workshops 101,730 109,833 Accreditaion Fees 1,364 - Merchandise - 189 1,125 Miscellaneous Income 27 162

372,378 362,438 NOTE 3: INCOME TAX The Institute is exempt from income tax under section 50-5 of the Income Tax Assessment Act 1997.

NOTE 4: REMUNERATION OF AUDITORS Fee for audit services for the 2017 audit paid to Melbourne Business Accountants Pty Ltd during 2018 was $2,000.

NOTE 5: MEMBERSHIP The membership data base has not been relied upon for audit verification but all testing of accounting and bank records supports acceptable accuracy of reported membership fee income.

26

NOTE 6: NON-CURRENT ASSETS 2018 2017

Office Equipment Cost

Opening balance 13,570 13,570 Additions - - Disposal - -

Closing balance 13,570 13,570

Accumulated depreciation

Opening balance 12,200 11,858 Depreciation for year Disposal

274 -

342 -

Closing balance 12,474 12,200 Office Equipment, net 1,096 1,370

Plant & Equipment Cost

Opening balance 8,008 5,665 Additions 0 2,343- Disposal - - Closing balance 8,008 8,008

Accumulated depreciation

Opening balance 4,907 4,653 Depreciation for year 620 254 Disposal - - Closing balance 5,527 4,907

Office Equipment, net 2,481 3,101 Software Development Pool

Opening balance 0 0 Additions 27,370 - Disposal - - Closing balance 27,370 0

Patents & Trade Marks

Opening balance Additions

5,784 -

5,784 -

Disposal - - Closing balance 5,784 5,784

Total Non-Current Assets 36,731 10,255

NOTE 7: EMPLOYEE NUMBERS

Number of employees: 4

NOTE 8: MAA LIABILITIES MAA has not incurred liabilities other than in the ordinary course of its activities. Such liabilities can be met from available funds. MAA funds have not been offered as security and no financial guarantees have been given in the name of the MAA.

27

To the Members of Myotherapy Association

Australia Inc. Report on the Financial Report

We have reviewed the accompanying financial report of Myotherapy Association Australia Inc., which comprises the Statement of Financial Position at 30 June 2018, the Income Statement and cash flow statement for the year ended on that date, and notes to the financial report.

Committees Responsibility for the Annual Financial Report The Committee of the Company are responsible for the preparation and fair presentation of the annual financial report in accordance with the Australian Accounting Standards. This responsibility includes establishing and maintaining internal control relevant to the preparation and fair presentation of the annual financial report that is free from material misstatement, whether due to fraud or error; selecting and applying appropriate accounting policies; and making accounting estimates that are reasonable in the circumstances.

Assurance Practitioner’s Responsibility Our responsibility is to express a conclusion on the annual financial report based on our review. We conducted our review in accordance with Standard on Review Engagements ASRE 2400 Reviews of Financial Reports Performed by an Assurance Practitioner Who is Not the Auditor of the Entity, in order to state whether, on the basis of the procedures described, anything has come to our attention that causes us to believe that the financial report is not presented fairly, in all material respects, in accordance with the Australian Accounting Standards. ASRE 2400 requires us to comply with the requirements of the applicable code of professional conduct of a professional accounting body. A review of an annual financial report consists of making enquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Australian Auditing Standards and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

Independence In conducting our review, we have complied with the independence requirements of the Australian professional accounting bodies. Conclusion Based on our review, which is not an audit, nothing has come to our attention that causes us to believe that the annual financial report of Myotherapy Association Australia Inc. does not present fairly, in all material respects, the financial position of Myotherapy Association Australia Inc. as at 30 June 2018 and of its financial performance and its cash flows for the year ended on that date, in accordance with Australian Accounting Standards.

Basis of Accounting, and Restriction on Distribution and Use The financial statements are prepared to assist Myotherapy Association Australia Inc. to comply with the financial reporting provisions of the contract referred to above. As a result, the financial statements may not be suitable for another purpose. Our report is intended solely for Myotherapy Association Australia Inc. and should not be distributed to or used by parties other than Myotherapy Association Australia Inc.

RYECROFTS PTY LTD

Terry Vail CPA

Dated this 28 September 2018

- END DOCUMENT -