QLD · 2018. 12. 31. · Bobby Jovanovich, Craig Harkiss, David Thomas, Justin Bell, Ken Sabotic,...
Transcript of QLD · 2018. 12. 31. · Bobby Jovanovich, Craig Harkiss, David Thomas, Justin Bell, Ken Sabotic,...
QLD
1
BOARD OF DIRECTORS AND LIFE MEMBERS
BOARD OF MANAGEMENT President Mr Mark Lorrimer Directors Mr Shaun Crow, Ms Elisha Hunt, Mr David Lush, Mr Paul Jones, Mrs
Raelene Ryan
Ex-officio Mrs Trudee Stafford (Branch Administrator) LIFE MEMBERS Mr Joe King*, Mr Laurie Lawrence, Mr John Carew*, Mr Paul Quinlan, Mr Phil Macleod*, Mr Arthur Cusack*, Mr Reginald Francis*, Mr Ken Wood*, Mrs Jan King, Mr David Urquhart, Ms Pat Wright OAM, Mr Denis Cottrell, Mr Ross Gage, Mr John Wallace, Mr Brian Stehr, Mr Peter Diamond, Mr Shaun Crow. * - Deceased AUDITOR AMG Accountants & Advisors
2
PRESIDENT’S REPORT
I am pleased to present this report to members of asctaQLD for the 2017/18 financial year.
During 2017/18, asctaQLD coaches were again well represented on both a National and International platform. Following Queensland’s success at the 2017 Australian Open Championships and 2017 Australian Age Championships, 16 Queensland coaches were selected on the following Australian Teams:
2017 World Championships Team
Michael Bohl OAM, Dean Boxall, Simon Cusack, David Lush, Chris Mooney, Chris Nesbit and Michael Sage
2017 Para World Championships Team
Harley Connolly, Nathan Doyle and David Heyden
2017 World Junior Championships Team
Shaun Crow, Damien Jones and Janelle Pallister
2017 World University Games Team
Glenn Baker and Ashley Callus
2017 Youth Commonwealth Games Team
Richard Sleight
The outstanding efforts of these coaches culminated in Queensland continuing to produce world-class coaches and athletes. The success rate of these coaches saw Queensland swimmers bring home 77.5% of Australia’s medals achieved at the 2017 World Championships and 63% of Australia’s medals achieved at the World Junior Championships, World University Games and Youth Commonwealth Games combined. Unfortunately, due to the devastating earthquake that hit Mexico City in September 2017, the Para World Championships was postponed until December. As an alternative event, the Australian Swim Team competed at the 2017 Para Swimming Canadian Open in Toronto.
asctaQLD enlisted the services of swimming experts David Lush, Nick Smith, Chris Nesbit, Barry Prime, Brant Best, Shelly Douyere, Chris Mooney, Lorraine Tobin, Carol Markie-Dadds, Sally McKitrick, Karen Gilchrist and Shannon Townsend to present at the 2017 asctaQLD State Conference, which provided teachers and coaches with a valuable professional development and collaborative opportunity. To continue the support of Queensland coaches, asctaQLD also contributes to Swimming Queensland via financial support for the Coach and Club Development Officers who work with coaches around the State in the form of clinics, coach workshops, program visits and associated development activities.
The Queensland team prevailed yet again at the 2017 State Teams Championships, securing another victory under the following coaches: Drew McGregor, Damien Jones, David Proud, Bobby Jovanovich, Craig Harkiss, David Thomas, Justin Bell, Ken Sabotic, Kyle Samuelson and Shane Kingston. As well as winning the Champion Team trophy, Queensland was named Champion Male Team, Champion Female Team, Champion Male Team 14/15 years, and
3
Champion Female Team 13/14 years. To date, Queensland is the only State to ever win this event.
From 4-15 April 2018, Queensland experienced the magic of the Gold Coast 2018 Commonwealth Games. Queensland swimmers and coaches comprised 59% and 66% of the Australia Swim Team respectively and amassed 73% of Australia’s gold medal haul and 68% of the total medal count.
The Swimming Queensland Paulus Wildeboer Scholarship provided 22 Qld coaches with exceptional development and educational learning opportunities in 2017/18. Firstly, a group of 8 coaches attended the World Championships in Budapest under the leadership of Drew McGregor and Brant Best and secondly, 14 coaches attended the Commonwealth Games.
2017 World Championships
Adam Hosking, Ben Allen, Damien Jones, David Proud, Janelle Pallister, Kyle Samuelson, Sean Eels
2018 Commonwealth Games
Adam Mallett, Ben Allen, David Thomas, Humberto Angerami, James Critoph, Jodie Shanks, Kate Bell, Mark Erickson, Michael Wise, Michaela Pattinson, Richard Sleight, Sam Armstrong, Stewart Melton, Tamara Quinn
asctaQLD finished a very successful 2017 with the AGM and Awards Afternoon which was held on the last day of the 2017 Queensland Championships in December. Record attendance made for a very enjoyable afternoon with peers, recognising the success of Queensland coaches and celebrating their outstanding achievements. I would like to take this opportunity to thank Swimming Queensland and asctaQLD sponsor Vorgee for once again generously supporting this function.
In addition to the awards at the function and to celebrate Queensland coaches’ success and outstanding achievements on a National and State level, asctaQLD recognised Age Champion coaches by awarding them with a polo shirt, and coaches of swimmers in the 2018/19 Swimming Queensland Development Squads with a shirt.
At the conclusion of the 2017/18 financial year, the Association retained a surplus of $59,980.
I would like to take this opportunity to thank the asctaQLD Board for their contributions in this voluntary role and all who have contributed to the success of asctaQLD in offering their support throughout the year.
I would also like to make note of the continuation of sponsorship from Vorgee, together with the support provided from the Queensland Academy of Sport, Swimming Queensland and ascta National, whose commitment and support vitally contribute to the success and development of our Queensland coaches.
Mark Lorrimer President asctaQLD
4
AWARDS COACH OF THE YEAR AWARDS
Coach of the Year David Lush
Coach of the Year (Open Water) Chris Nesbit
Coach of the Year (Swimmer with Disability) Harley Connolly
Outstanding Achievements
World Championships Michael Bohl OAM
Commonwealth Games Glenn Baker
Michael Bohl OAM
Dean Boxall
Ashley Callus
Simon Cusack
Nathan Doyle
Rob Hindmarsh
Chris Nesbit
Vince Raleigh
Michael Sage
Richard Scarce
AUSTRALIAN CHAMPIONSHIPS AWARDS
Club Coach of the Championships (Commonwealth Games Trials) Dean Boxall
Club Coach of the Championships (Pan Pacs Trials) Nathan Doyle
Australian Championships Coach of Qld Athlete of the Championships (Commonwealth Games Trials)
Dean Boxall (Mitch Larkin)
Australian Championships Coach of Qld Athlete of the Championships (Pan Pacs Trials)
Rob Van Der Zant (Paige Leonhardt)
AUSTRALIAN AGE CHAMPIONSHIPS AWARDS
Age-Group Coach of the Championships Dean Boxall (AB)
Nathan Doyle (MC)
Australian Age Championships Coach of Qld Athlete of the Championships Ken Sabotic (Thomas Hauck)
Liam Du Feu (Madeleine McTernan)
5
2018 Age Champion Coaches
Alex Beaver
Justin Bell
Dean Boxall
Michael Bromley
Harley Connolly
Nathan Doyle
Liam Du Feu
Sean Eels
John Gatfield
David Heyden
Damien Jones
Shane Kingston
Michael Lewandowski
Richard McLean
Bob Miller
Steve Miller
Chris Nesbit
Janelle Pallister
David Proud
Vince Raleigh
Raelene Ryan
Ken Sabotic
Michael Sage
Paul Sansby
Guilly Santos
Richard Scarce
Paul Simms
Richard Sleight
Lachlan Staples
David Thomas
Rob Van Der Zant
Chris Wright
QUEENSLAND CHAMPIONSHIPS AWARDS
Qld Championships ‘Bronze Licence’ Coach of the Championships David Thomas
Qld Championships ‘Bronze Licence’ Coach of Qld Athlete of the Championships
David Thomas (Flynn McGregor)
DEVELOPMENT AWARDS
Qld JX Club of the Year Rackley
Qld Regional Association JX Club of the Year
Far North Qld Central Cairns
North Qld Gardens
Central Qld Gladstone Gladiators
Wide Bay Pelican Waters Caloundra
Darling Downs Toowoomba Grammar
Gold Coast Miami
Qld JX Pro-rata Coach of the Year Wellington Point
Development Program Support Paul Simms
Coaches Coach Award Mark Erickson
Tom Fronek
Carrie Hills
Gail Smail
Swim Australia Teacher of the Year Skye Bond
Sharon Bryant
6
Emerging National Championships Coach (OWS) Damien Jones
John Rodgers
Rob Van Der Zant
Emerging National Championships Coach (SWD) Liam Du Feu
Brian Glass
Emerging Age Championships Coach John Gatfield
Bobby Jovanovich
Morgan Knabe
Michael Lewandowski
Kyle Samuelson
Luke Stafford
Chris Wright
Emerging Age Championships Coach (SWD) Alex Beaver
Liam Du Feu
Erin McCarthy
Guilly Santos
Emerging Age Championships Coach (OWS) Elisha Hunt
Damien Jones
Alberto Lantieri
Richard McLean
Vince Raleigh
Lachlan Staples
National Senior Team Coach David Heyden
Coach of a Swimmer on a National Senior Team Damien Jones (AB)
Michael Sage (MC)
National Junior Team Coach & Swimmer Selected on National Junior Team Janelle Pallister
Coach of a Swimmer on a National Junior Team Michael Bromley
Qld Team Coach Justin Bell
Bobby Jovanovich
7
RECORDS
The following coaches, coached swimmers to the records listed below. WORLD RECORD Michael Bohl OAM Emma McKeon 4x100m Freestyle Relay
Harley Connolly Lakeisha Patterson 100m Freestyle S8; 200m Freestyle S8
Simon Cusack Bronte Campbell 4x100m Freestyle Relay
Cate Campbell 4x100m Freestyle Relay
Shayna Jack 4x100m Freestyle Relay
Michael Sage Liam Schluter 400m Freestyle S14 WORLD JUNIOR RECORD Chris Mooney Kaylee McKeown 200m Backstroke COMMONWEALTH RECORD Michael Bohl OAM Emma McKeon 100m Butterfly; 4x100m Mixed Medley Relay
Simon Cusack Bronte Campbell 4x100m Mixed Medley Relay
Cate Campbell 50m Freestyle
Mitchell Larkin 4x100m Mixed Medley Relay
David Lush Emily Seebohm 50m Backstroke; 200m Backstroke OCEANIAN RECORD Michael Bohl OAM Grant Irvine 4x100m Mixed Medley Relay
Dean Boxall Ariarne Titmus 400m Freestyle
Simon Cusack Cate Campbell 50m Butterfly
Shayna Jack 4x100m Mixed Medley Relay
David Lush Emily Seebohm 200m Individual Medley
Chris Mooney Kaylee McKeown 4x100m Mixed Medley Relay
8
AUSTRALIAN RECORD Dean Boxall Ariarne Titmus 400m Freestyle
Rob Hindmarsh Paige Leonhardt 100m Butterfly S10; 50m Breaststroke SB9
Michael Sage Liam Schluter 100m Backstroke S14; 200m Freestyle S14; 400m Freestyle S14; 200m IM S14; 400m IM S14
Rob Van Der Zant Rowan Crothers 100m Freestyle S10; 400m Freestyle S10 AUSTRALIAN ALLCOMERS RECORD Michael Bohl OAM Georgia Bohl 4x100m Medley Relay
Emma McKeon 4x100m Medley Relay
Simon Cusack Bronte Campbell 4x100m Medley Relay
David Lush Emily Seebohm 4x100m Medley Relay AUSTRALIAN AGE Dean Boxall Ariarne Titmus 16yrs 400m Freestyle; 17yrs 200m Freestyle;
17yrs 800m Freestyle
Harley Connolly Lakeisha Patterson 18yrs 100m Backstroke S8; 18yrs 100m Freestyle S8
Col Cresser William Martin 17yrs 100m Butterfly S10
Nathan Doyle Katja Dedekind 16yrs 50m Butterfly S13
Nathan Jason 15yrs 50m Butterfly S12
Marcus Elder Keira Stephens 14yrs 100m Breaststroke SB9
David Heyden Katja Dedekind 16yrs 100m Backstroke S13; 16yrs 400m Freestyle S13
Jack Ireland 18yrs 50m Backstroke S14; 18yrs 100m Freestyle S14
Rob Hindmarsh Paige Leonhardt 17yrs 50m Butterfly S10; 17yrs 50m Backstroke S10; 17yrs 100m Breaststroke SB9; 17yrs 50m Freestyle S10
Andrew Howard Joel Mundie 13yrs&U 50m Butterfly S7; 13yrs&U 50m Backstroke S7; 13yrs&U 100m Backstroke S7; 13yrs&U 50m Breaststroke SB6; 13yrs&U 100m Breaststroke SB6; 13yrs&U 50m Freestyle S7; 13yrs&U 100m Freestyle S7; 13yrs&U 400m Freestyle S7; 13yrs&U 200m IM S7
9
Brendan Keogh Kirralee Hayes 13yrs&U 50m Freestyle S13; 13yrs&U 400m Freestyle S13
Matthew Stark 18yrs 200m IM S10
Chris Mooney Kaylee McKeown 16yrs 200m IM; 16yrs 400m IM
Janelle Pallister Lani Pallister 15yrs 200m Freestyle
Ken Sabotic Thomas Hauck 14yrs 200m Backstroke
Michael Sage Liam Schluter 18yrs 100m Backstroke S14; 18yrs 100m Breaststroke S14; 18yrs 200m Freestyle S14; 18yrs 400m IM S14
AUSTRALIAN AGE RECORD & AUSTRALIAN ALLCOMERS AGE RECORD Dean Boxall Ariarne Titmus 17yrs 200m Freestyle;
AUSTRALIAN ALLCOMERS AGE RECORD Chris Mooney Kaylee McKeown 16yrs 200m Backstroke
Chris Nesbit Laura Taylor 18yrs 200m Butterfly AUSTRALIAN AGE RECORD & AUSTRALIAN ALLCOMERS AGE CLUB RECORD Dean Boxall Jenna Forrester, Shikira-Lee Matheson, Mia O’Leary, Michaela
Ryan – 16 Years & Under 4x100m Freestyle Club Relay
Jenna Forrester, Shikira-Lee Matheson, Mia O’Leary, Michaela Ryan – 16 Years & Under 4x100m Medley Club Relay
WORLD SHORT COURSE RECORD Glenn Baker Monique Murphy 400m Freestyle S10
Harley Connolly Lakeisha Patterson 100m Freestyle S8
Simon Cusack Cate Campbell 100m Freestyle
Nathan Doyle Daniel Fox 100m Freestyle S14
Braedan Jason 100m Freestyle S13
David Heyden Katja Dedekind 50m Backstroke S13
Rob Hindmarsh Paige Leonhardt 100m Butterfly S10
Andrew Howard Grant Patterson 100m Breaststroke SB2
10
COMMONWEALTH SHORT COURSE RECORD Simon Cusack Cate Campbell 50m Freestyle AUSTRALIAN SHORT COURSE RECORD Nathan Doyle Braedan Jason 100m Freestyle S13
David Heyden Jack Ireland 200m Backstroke S14; 200m Freestyle S14; 800m Freestyle S14
Rob Hindmarsh Rachael Watson 50m Freestyle S4; 100m Freestyle S4
Michael Sage Liam Schluter 1500m Freestyle S14
Rob Van Der Zant Rowan Crothers 50m Freestyle S10; 100m Freestyle S10; 400m Freestyle S10
AUSTRALIAN ALLCOMERS SHORT COURSE RECORD David Lush Minna Atherton 50m Backstroke
11
TEAMS & SQUADS
AUSTRALIAN TEAMS
2017 WORLD CHAMPIONSHIPS – BUDAPEST, HUNGARY
Team Coaches
Michael Bohl (OAM) St Peters Western
Dean Boxall St Peters Western
Simon Cusack Commercial
David Lush Brisbane Grammar
Chris Mooney USC Spartans
Chris Nesbit TSS Aquatic
Michael Sage Kawana Waters
Home Coaches
Ashley Callus Somerset (Gold Coast)
Damien Jones Rackley
Barry Kime Mountain Creek Mooloolaba
Vince Raleigh Chandler
Richard Scarce Bond
2017 WORLD PARA CHAMPIONSHIPS – MEXICO CITY, MEXICO
Team Coaches
Harley Connolly Lawnton
Nathan Doyle USC Spartans
David Heyden UQ
Home Coaches
Glenn Baker Southport Olympic
Rob Hindmarsh Chandler
Michael Sage Liam Schluter
Jeremy Wardrop East Brisbane
Rob Van Der Zant Yeronga Park
12
2017 WORLD JUNIOR CHAMPIONSHIPS – INDIANAPOLIS, USA
Team Coaches
Damien Jones Rackley
Janelle Pallister USC Spartans
Shaun Crow Acacia Bayside
Home Coaches
Dean Boxall St Peters Western
Denis Cotterell Miami
Sean Eels Southport Olympic
Chelsea Orbell Flyers
Vince Raleigh Chandler
Richard Scarce Bond
2017 WORLD UNI GAMES – TAIPEI CITY, TAIWAN
Team Coaches
Glenn Baker Southport Olympic
Ashley Callus Somerset (Gold Coast)
Home Coaches
Dean Boxall St Peters Western
Simon Cusack Commercial
Barry Kime Mountain Creek Mooloolaba
David Lush Brisbane Grammar
Chris Mooney USC Spartans
Chris Nesbit TSS Aquatic
Richard Scarce Bond
2017 YOUTH COMMONWEALTH GAMES – NASSAU, BAHAMAS
Team Coaches
Richard Sleight Albany Creek
Home Coaches
Dean Boxall St Peters Western
Michael Bromley Commercial
Shaun Crow Acacia Bayside
Chris Nesbit TSS Aquatic
13
2018 COMMONWEALTH GAMES – GOLD COAST, AUSTRALIA
Team Coaches
Michael Bohl OAM Griffith University
Dean Boxall St Peters Western
Harley Connolly Lawnton
Simon Cusack Chandler
Nathan Doyle USC Spartans
David Lush Brisbane Grammar
Chris Mooney USC Spartans
Chris Nesbit TSS Aquatic
Vince Raleigh Chandler
Richard Scarce Bond
Home Coaches
Glenn Baker Southport Olympic
Ashley Callus Somerset (Gold Coast)
Rob Hindmarsh Chandler
Michael Sage Kawana Waters
John Wallace Pelican Waters Caloundra
QUEENSLAND TEAMS
2017 JAPAN OPEN – TOKYO, JAPAN
Team Coaches
Glenn Baker Southport Olympic
Janelle Pallister USC Spartans
Brian Stehr Good Shepherd Aquatics
David Thomas TSS Aquatic
Home Coaches
Dean Boxall St Peters Western
Chris Mooney USC Spartans
Chris Nesbit TSS Aquatic
Richard Scarce Bond
Vince Raleigh Chandler
2017 OPEN WATER WORLD CUP – CHUN’AN, CHINA & HONG KONG
Team Coaches
Raelene Ryan Miami
14
Home Coaches
Adam Mallet TSS Aquatic
Chris Nesbit TSS Aquatic
2017 STATE TEAMS CHAMPIONSHIPS – CANBERRA, AUSTRALIA
Team Coaches
Justin Bell Rackley
Craig Harkiss Kawana Waters
Damien Jones Rackley
Bobby Jovanovich Brisbane Grammar
Shane Kingston Rocky City
Drew McGregor Swimming Queensland
David Proud Nudgee College
Raelene Ryan Miami
Ken Sabotic All Saints Gold Coast
Kyle Samuelson Bond
David Thomas TSS Aquatic
Home Coaches
Humberto Angerami Brisbane Jets
Dean Boxall St Peters Western
Ashley Callus Somerset (Gold Coast)
Shaun Crow Acacia Bayside
Liam Du Feu TSS Aquatic
Tom Harris Sunnybank
Rob Hindmarsh Chandler
Mark Lorrimer East Brisbane
David Lush Brisbane Grammar
Richard McLean Toowoomba Grammar
Stewart Melton St Peters Western
Chris Nesbit TSS Aquatic
Janelle Pallister USC Spartans
Michael Sage Kawana Waters
Lachlan Staples Southside Aquatics
Duncan Todd TAS
AUSTRALIAN SWIMMING COACHES AND TEACHERS ASSOCIATION
QUEENSLAND BRANCH INC.
FINANCIAL REPORT FOR THE YEAR ENDED 30 JUNE 2018
16
AUSTRALIAN SWIMMING COACHES AND TEACHERS ASSOCIATION QUEENSLAND BRANCH INC.
STATEMENT BY MEMBERS OF THE COMMITTEE The Committee has determined that the association is not a reporting entity and that this special purpose financial report should be prepared in accordance with the accounting policies outlined in Note 1 to the financial statements. In the opinion of the Committee the financial report: 1. Presents a fair and true view of the financial position of Australian Swimming Coaches and
Teachers Association Queensland Branch Inc. as at 30 June 2018 and its performance for the year ended on that date.
2. At the date of this statement, there are reasonable grounds to believe that Australian
Swimming Coaches and Teachers Association Queensland Branch Inc. will be able to pay its debts as and when they fall due.
This statement is made in accordance with a resolution of the Committee and is signed for and on behalf of the Committee by: ……………………………… ……………………………… President Treasurer Date: 20 November 2018 Date: 20 November 2018
17
The accompanying notes form part of these financial statements
2018 2017
Note $ $
INCOME
ASCTA National - Memorandum of Understanding 29,532 29,532
Bank Interest 204 192
State Conference Registrations 7,313 9,164
37,049 38,888
EXPENDITURE
Audit Fees 390 390
Bank Charges - 10
Coach Recognition 3,581 9,607
Committee Meetings 725 655
Communication 2,000 2,000
Professional Development 10,000 10,000
State Conference 3,082 6,453
Swimming Queensland Administrative Services 5,000 5,000
Teachers Workshops - -
Other Expenditure 304 2,844
25,081 36,959
Net Surplus/(Deficit) from Operating Activities 11,969 1,929
Retained Surplus at the Beginning of the Financial Year 48,011 46,082
Retained Surplus at the End of the Financial Year 59,980 48,011
AUSTRALIAN SWIMMING COACHES AND TEACHERS ASSOCIATION
QUEENSLAND BRANCH INC.
INCOME AND EXPENDITURE STATEMENT
FOR THE YEAR ENDED 30 JUNE 2018
18
The accompanying notes form part of these financial statements
2018 2017
$ $
CURRENT ASSETS
Cash and Cash Equivalents 37,038 48,716
Trade Receivables 8,121 8,121
TOTAL CURRENT ASSETS 45,160 56,837
TOTAL ASSETS 45,160 56,837
CURRENT LIABILITIES
Trade Creditors - 7,746
GST Liability 1,515 1,080
TOTAL CURRENT LIABILITIES 1,515 8,826
TOTAL LIABILITIES 1,515 8,826
NET ASSETS 43,644 48,011
MEMBERS' FUNDS
Opening Retained Earnings 48,011 46,082
Current Year Surplus/(Deficit) 11,969 1,929
TOTAL MEMBERS' FUNDS 59,980 48,011
ASSETS AND LIABILITIES STATEMENT
QUEENSLAND BRANCH INC.
AUSTRALIAN SWIMMING COACHES AND TEACHERS ASSOCIATION
AS AT 30 JUNE 2018
19
AUSTRALIAN SWIMMING COACHES AND TEACHERS ASSOCIATION
QUEENSLAND BRANCH INC.
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2018
Note 1: Summary of Significant Accounting Policies
The financial statements are special purpose financial statements prepared in order to satisfy the financial reporting requirements of the Associations Incorporations Act (QLD) 1981. The Committee has determined that the Association is not a reporting entity. The financial statements have been prepared on an accruals basis and are based on historic costs and do not take into account changing money values or, except where specifically stated, current valuations of non-current assets. These financial statements do not comply with Australian Accounting Standards. The following significant accounting policies, which are consistent with the previous period unless otherwise stated, have been adopted in the preparation of this financial report.
Revenue and Other Income
Revenue is measured at the fair value of the consideration received or receivable after taking into account any trade discounts and volume rebates allowed.
Donations, sponsorships, and conference revenue represent income in relation to the Association’s conferences held during the financial year, and amounts received/incurred prior to balance date relating to forthcoming conferences.
Interest revenue is recognised using the effective interest method.
Grant and donation income is recognised when the entity obtains control over the funds, which is generally at the time of receipt.
If conditions are attached to the grant that must be satisfied before the association is eligible to receive the contribution, recognition of the grant as revenue will be deferred until those conditions are satisfied.
All revenue is stated net of the amount of goods and services tax.
Cash and Cash Equivalents
Cash on hand includes cash on hand, deposits held at call with banks, and other short-term highly liquid investments with original maturities of three months or less.
Accounts Receivable and Other Debtors
Accounts receivable and other debtors include amounts due from members as well as amounts receivable from donors. Receivables expected to be collected within 12 months of the end of the reporting period are classified as current assets. All other receivables are classified as non-current assets.
20
AUSTRALIAN SWIMMING COACHES AND TEACHERS ASSOCIATION
QUEENSLAND BRANCH INC.
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2018
Note 1: Summary of Significant Accounting Policies (cont’)
Accounts Payable and Other Payables
Accounts payable and other payables represent the liability outstanding at the end of the reporting period for goods and services received by the association during the reporting period that remain unpaid. The balance is recognised as a current liability with the amounts normally paid within 30 days of recognition of the liability.
Taxation and GST
The Committee are of the opinion that Australian Swimming Coaches & Teachers Association Queensland Branch Inc. does not have an income tax liability due to the application of the principle of mutuality to the revenue and expenses of the Association. The principle of mutuality is a common law principle arising from the premise that individuals cannot profit from themselves. Accordingly, receipts from members are deemed to be mutual income and not subject to income tax, and expenses in connection with mutual activities are therefore not deductible for taxation purposes. All other receipts and payments are classified in accordance with taxation legislation. Revenues, expenses and assets are recognised net of the amount of GST, except where the amount of GST incurred is not recoverable from the Australian Tax Office (ATO). Receivables and payables are stated inclusive of the amount of GST receivable or payable. The net amount of GST recoverable from, or payable to, the ATO is included respectively as a receivable or payable in the Assets and Liabilities Statement. The Association is required to report GST annually to the ATO.
Mortgages, Charges and Securities
There are no mortgages, charges or securities against the property of the Association.
21
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF AUSTRALIAN SWIMMING COACHES AND TEACHERS
ASSOCIATION QUEENSLAND BRANCH INC
ABN 27 794 606 372
We have audited the accompanying financial report, being a special purpose financial report, of Australian Swimming Coaches and Teachers Association Queensland Branch Inc (the association), which comprises the balance sheet as at 30 June 2018, the income statement for the year then ended, notes comprising a summary of significant accounting policies and other explanatory information, and the certification by members of the committee on the annual statements giving a true and fair view of the financial position and performance of the association.
Committee’s Responsibility for the Financial Report
The committee of Australian Swimming Coaches and Teachers Association Queensland Branch Inc is responsible for the preparation and fair presentation of the financial report, and has determined that the basis of preparation described in Note 1 is appropriate to meet the needs of the members. The committee’s responsibility also includes such internal control as the committee determines is necessary to enable the preparation and fair presentation of a financial report that is free from material misstatement, whether due to fraud or error.
Auditor’s Responsibility
Our responsibility is to express an opinion on the financial report based on our audit. We have conducted our audit in accordance with Australian Auditing Standards. Those standards require that we comply with relevant ethical requirements relating to audit engagements and plan and perform the audit to obtain reasonable assurance whether the financial report is free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial report. The procedures selected depend on the auditor’s judgment, including the assessment of risks of material misstatement of the financial report, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the association’s preparation and fair presentation of the financial report, in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the association’s internal control. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made by the committee, as well as evaluating the overall presentation of the financial report.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.
Opinion
In our opinion, the financial report presents fairly, in all material respects, the financial position of Australian Swimming Coaches and Teachers Association Queensland Branch Inc as at 30 June 2018 and of its financial performance for the year then ended in accordance with the accounting policies described in Note 1 to the financial statements, and the requirements of the Associations Incorporation Act (Qld) 1981.
Basis of Accounting and Restriction on Distribution
Without modifying our opinion, we draw attention to Note 1 to the financial statements, which describes the basis of accounting. The financial report has been prepared to assist Australian Swimming Coaches and Teachers Association Queensland Branch Inc to meet the requirements of the Associations Incorporation Act (Qld) 1981. As a result, the financial report may not be suitable for another purpose.
AMG Audit + Assurance
Dated this 20th day of November 2018
QLD