The Tanglin Club Annual Report 2009/2010

ANNUAL REPORT 2009/2010

THE TANGLIN CLUB


Cover 2.ai 1 3/10/2010 9:58:40 AM

THE TANGLIN CLUB

Cover 2.ai 2 3/10/2010 9:59:43 AM

OUR VISIONTo be the most sought-after premier club in Singapore,

constantly exceeding the expectations of members.

OUR MISSIONTo provide a first-class dining, sporting and recreation facilityto meet the needs of a diverse multi-national membership.


CONTENTS

1

GENERAL COMMITTEE 2PRESIDENT’S MESSAGE 3TREASURER’S REPORT 4FIVE YEAR COMPARISON 5RECORD OF MEETINGS 7

SUB-COMMITTEE REPORTSDEVELOPMENT & PROPERTY 8ENTERTAINMENT 10FOOD & BEVERAGE 12HUMAN RESOURCE 14LIBRARY & CLUB RELATIONS 15MAGAZINE & WEBSITE 16MEMBERSHIP & RULES 17TENDERS & PURCHASING 19SPORTS & RECREATION 20

SPORTS SECTION REPORTSBALUT 21BILLIARDS 22BRIDGE 23FITNESS 24GOLF 25LAWN BOWLS 26SCUBA 27SQUASH 28SWIMMING 29TENNIS 30

FINANCIAL STATEMENTSSTATEMENT BY THE GENERAL COMMITTEE 31AUDITORS’ REPORT 32STATEMENT OF FINANCIAL POSITION 33STATEMENT OF COMPREHENSIVE INCOME 34STATEMENT OF CHANGES IN FUND 35STATEMENT OF CASH FLOWS 36NOTES TO FINANCIAL STATEMENTS 37

NOTICE OF ANNUAL GENERAL MEETING 52

AUDITORSDELOITTE & TOUCHE (CERTIFIED PUBLIC ACCOUNTANTS)

PRINCIPAL BANKERSCITIBANKDBS BANKHSBCSTANDARD CHARTERED BANKUNITED OVERSEAS BANK

THE TANGLIN CLUB 2

GENERAL COMMITTEE 2009/2010

Standing (from left): Vincent Troy, David Palmer, Dr Richard Tan, Robert Wiener, Eric LeeSeated (from left): Frank Newman, Nan Sandford, Humphrey Chua, Joseph Chew, Shanta Sundarason, Dr Albert Wee

Joseph ChewPresident

David PalmerVice President

Humphrey ChuaHonorary Treasurer

Committee MembersEric Lee

Frank NewmanNan Sandford

Shanta SundarasonDr Richard TanVincent Troy

Dr Albert WeeRobert Wiener


It gives me great pleasure to pen the foreword of the Club’s 2009/10 Annual Report.

It has been an eventful year. The General Committee (GC) together with the Management of the Club took stock of where the Club was in early 2009 and quickly determined where the Club should be going. It was not an easy task bearing in mind the interests of the major stakeholders namely the members of the Club. I am glad to report that we have embarked on several projects and exercises which will land the Club in good stead going forward.

The renovation and upgrading works of the Wheelhouse, the swimming pools and the surrounds will start in June 2010 and should be completed by October 2010. The iconic Churchill Room will be receiving a facelift, so to speak and its menu revamped. The landscaping works at the new Sports & Recreation Complex is completed. Only the walkway between the Squash Centre and the car park has to be done pending approval of the authorities.

The Membership and Rules Sub-Committee (MRSC) and the M&R management staff have been particularly busy addressing the Club Rules, so that these Rules are updated

and remain relevant. With this in mind, the MRSC has been working diligently on some rule changes. Firstly, it is proposed that the wordings of the Rules be tidied up to improve readability and understanding. Secondly, a number of rule changes are being proposed. These rule changes have to be approved at the upcoming Annual General Meeting on Monday 26 April 2010.

During the financial year 2009/10, the Club welcomed 114 new Ordinary Members and 81 Term Members. Membership growth in the year under review, was slower when compared to the previous year. A related development to membership was the capacity study commissioned by the Club to the Singapore Management University. The study was to help the Club determine the utilisation of the Club’s facilities and amenities, and the optimal membership capacity.

The report was presented to members at a recent M&R Dialogue. With the members’ feedback, we will moderate the report and undertake the agreed recommended actions.

Food & Beverage, which has to be the anchor of the Club did well. Food covers grew for most F&B outlets. Gross F&B revenue grew by a hefty $700,000 from $8.2m in 2008/09 to $8.9m in 2009/10. Menus in the different outlets were modified and/or upgraded to reflect members’ preferences. However at all times prices were kept attractive if not low, bearing in mind that this is a Members’ Club.

Working hand-in-hand and supporting the F&B team is the Events & Entertainment team. There is never a month that went by that the Club did not have topical events that must have

spurred the members to come to the Club to savour the entertainment as well as the food and beverage.

Not to be outdone are the Sports & Recreation sections, which are to be credited with the various tournaments in golf, tennis, squash, swimming etc. A new Darts Section was set up recently and is already having a good following.

I am happy to report that in the past year, the Club has seen greater harmony in the General Committee; and between the GC and the membership through better communication and being more sensitive to the needs of members.

There are and always will be times when we cannot react as fast or in the manner expected. We seek your kind understanding and patience.

It now leaves me to thank my fellow GC and Sub-Committee members for their general services, the Management and staff of the Club for their dedication and hardwork and last but not least all the members for their kind support.

Joseph ChewPresidentThe Tanglin Club

3

PRESIDENT’S MESSAGE

THE TANGLIN CLUB 4

TREASURER’S REPORT

FINANCE SUB-COMMITTEEHumphrey Chua (Convenor)Joseph Chew (Deputy Convenor)Frank NewmanPatrick DochertyLim Kian KokTan Kai SengYap Boh Pin

FINANCIAL SUMMARYDespite an uncertain global period, for the financial year ended 31 Jan 2010 the Club recorded an Operating Surplus After Tax of $3.391m against budget of $4.613m. The lower than budgeted surplus arose from Entrance Fees of $3.94m which was lower by $2.8m against the previous year.

Cash at Bank and Fixed Deposits stood at $14.321m and Investment from the 5% OCBC Bond maturing in September 2011 with net book value at $10.307m, giving total available Cash of $24.628m. The cash-flow for the financial year remained positive and Interest earned for the financial year was $555k.

However, on the business line results, F&B operations with higher revenue of $8.918m (2009: $8.278m) suffered a deficit of $2.784m (2009 deficit: $3.324m) arising from higher cost of sales not passed on through higher selling price. The Sports & Recreation operations also revealed comparable deficit of $1.622m (2009: $1.635m).

Comforting to note, Members Subscriptions of $7.63m, together with the rental & commission income of $374k, were more than sufficient to cover other operating costs and utilities of $6.45m. All other business lines produced surpluses - Jackpot operations generated higher net surplus of $945k, up by $160k from prior year and Guestrooms achieved an operating surplus of $769k.

The jobs credit for this year amounted to $521k. This is projected to reduce to $95k after considering the reduction from 12% in the last FY to 6% from January to March 2010, 3% from April to June 2010 and no further rebates from the Government thereafter.

The Balance Sheet of the Club remained conservatively strong with Net Assets standing at $59.409m. (2009: $56.018m). No revaluation of the Club’s properties were made, which still stands at Property Revaluation Reserve of $2.258m.

On Capital Expenditure, the final payment to the Master Plan was completed in two trenches after ensuring that all defects were

recognized and made good with warranties, $554k on 21 December 2009 and $698k on 8 March 2010, totalling $1,252k. Other major Capital Expenditure as approved by GC not exceeding $250k per project item (per Club Rule 4(v), capital expenditure of less than S$250,000/- in aggregate can be approved by the General Committee) totalled 3 (landscaping works and its surroundings including the garden and covered walkway at S&R building $200k, installation of CCTVs $100k, installation of outdoor tennis lightings $108k).

At the SGM held on 8 February 2010, the members voted in favour of the refurbishment of Wheelhouse and Pool Project at an amount not exceeding $3.5m. The Club finances and cash-flows are able to fund all the above Capital Expenditure.

Extraordinary legal fees arising from members’ action against the Club and Committee came to $217k. The Club will make every effort to claim against the Directors & Officers Liability Insurance Policy.

CLUB ACTIVITIESThe Club had been more vibrant with more members coming back to enjoy the myriad of sports and social activities as well as patronizing the F&B outlets. For Club activities and achievements held in the financial year, kindly refer to the respective Convenors’ reports.

BUDGET 2010/2011For the coming financial year, the Club has budgeted a net surplus of $744k, compared to this financial year’s $3,391k. The major variances are: • no property tax rebate next FY (expense increase by $107k)• reduction in jobs credit from $521k to $95k (expense increase by $426k)• higher depreciation of $570k due to full impact on S&R building and additional new capital expenditure planned for the new FY• write back of bonuses of $635k in FY ending January 2010• lower F&B sales by $346k, assuming lower collections from Wheelhouse which will be closed for refurbishment for about 3 months• lower guestroom revenue by $254k, assuming closure for renovation for 3 months

Total capital expenditure budgeted amounts to $6.687m. Major items are as follows:• Wheelhouse and Swimming Pool renovation at $3.5m• Guestrooms upgrade including M&E works estimated at $1.6m

• Improvement to M&E and ACMV (for energy efficiency arising from energy audit) at $500k• Churchill Room minor renovation at $200k• Jackpot machines replacement at $135k

Notwithstanding the above expenditures, the budget revealed that at end of financial year 31 January 2011, the Club will continue to have positive cash balance of $12.4m (not including the $10m Bonds).

FINANCE SUB-COMMITTEEDuring the financial year and on an ongoing basis, the Finance Sub-Committee, together with the General Manager and the Financial Controller had worked on recommendations to streamline areas of operations for cost reductions without compromising on quality and efficiency, to improve accounting systems and procedures and to ensure that the financial records and reports are accurate, timely and to show a true and fair view as required under good governance and practice.

We are also looking into ways to improve productivity in the area of integrating the current Front Office to Back Office Accounting System, using the computerized Inventory Control System to work out the F&B costs and for stock take, and using the computerized Checking System for cheque issuance.

As I approach the end of my term, I would like to thank the members of the Finance Sub-Committee, the Finance department and the other departments in giving their commitment in ensuring good work ethics, cooperation and for their support and contributions.

Humphrey ChuaHonorary Treasurer


PERFORMANCE RESULTS FOR THE PAST 5 YEARS

2009/10 2008/09 2007/08 2006/07 2005/06

REVENUE

Guest Room rental 1,219 1,261 1,097 967 832

Subscriptions fees 7,630 6,797 5,684 5,444 5,315

Food and Beverage sales 8,918 8,278 7,782 7,232 6,747

Jackpot collections 1,372 1,215 1,182 1,026 1,066

Sports and Recreation 326 279 122 119 118

Miscellaneous 375 354 332 293 282

Total operating revenue 19,839 18,184 16,200 15,081 14,361

Entrance fees 3,941 6,970 4,948 3,249 2,938

Investment income 555 231 699 953 885

Other Operating Income 4,495 7,201 5,647 4,202 3,823

Total Revenue 24,334 25,386 21,847 19,283 18,184

EXPENSES

Cost of food and beverage sales 3,983 3,644 3,286 2,971 2,826

Staff and related costs 8,135 9,148 8,828 7,796 7,580

Other operating costs 4,461 4,004 4,017 3,414 2,731

Water and electricity 1,991 1,879 1,408 1,266 1,113

Depreciation 2,122 1,982 1,239 1,148 1,081

Property tax 161 269 269 269 269

Total operating expenditure 20,854 20,926 19,046 16,863 15,599

Net Operating Surplus 3,480 4,460 2,801 2,420 2,585

Less : Taxation 89 -11 151 16 150

Net surplus for the year 3,391 4,471 2,650 2,404 2,435

Cash balance including investments 24,628 20,419 21,802 23,339 28,744

Beverage/ cigarette cost of sales 49.2% 47.1% 47.9% 46.5% 47.8%

Food cost of sales 43.0% 42.8% 40.0% 38.9% 39.5%

Staff Strength at year end 236 233 219 216 212

5

FIVE YEAR COMPARISON

THE TANGLIN CLUB

TOTAL REVENUE for year 2010

TOTAL REVENUE for the years ended 31st January ($’000)

Guestroom Jackpot Collections Entrance Fees

Subscriptions Fees Sports & Recreation Investment Income

Food & Beverage Sales Miscellaneous

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

9,000

10,000

0

2006

/07

2007

/08

2008

/09

2009

/10

2005

/06

6


Record of meeti ngs att ended by General Committ ee MembersMay 2009 to March 2010

A General Committ eeB Development & PropertyC FinanceD Human ResourceE Food & Beverage

F Membership & RulesG EntertainmentH Sports & Recreati onI Magazine & WebsiteJ Tenders & Purchasing

K Library & Club Relati onsL Introducti on EveningsM Interview of Candidates

Committ ee A B C D E F G H I J K L MNo. of meeti ngs held 9 9 10 9 8 9 10 9 10 9 9 8 17

Joseph Chew 9 8 1 7 4David Palmer 9 6 7 7 4

Humphrey Chua 9 8 8 4Eric Lee 6 9 6 2

Frank Newman 9 7 8 5Nan Sandford 9 7 6 10 8 8 15

Shanta Sundarason 8 6 10 5 1Dr Richard Tan 9 7 7 8 2Vincent Troy 8 9 6 5 4

Dr Albert Wee 7 8 3 8Robert Wiener 9 7 10 7 3

RECORD OF MEETINGS

7

THE TANGLIN CLUB 8

DEVELOPMENT & PROPERTYSUB-COMMITTEEDr. Richard Tan (Convenor)Shanta Sundarason (Deputy Convenor)V. KrishnaJeffrey BehTan Siang ChikChen Teck ShingKevin Gin

VISION & FOCUS OF THE DEVELOPMENT & PROPERTY SUB-COMMITTEEWe are set to improve the upkeep of the Club’s premise by implementation of proactive maintenance. By doing so, the Club will be able to have an accurate projection of cyclical maintenance expenses. A carefully drawn development plan will also be put in place to ensure that the Club is constantly updated to meet the members’ changing needs.

MASTER PLAN DEVELOPMENTI am happy to report that all works related to the Master Plan Development had been completed including the finalization of the accounts with the main contractor, Sanchoon Builders Pte Ltd.

The sprinkler system for the lawn bowls green is now equipped with a water tank and modifications works had been made to the sprinklers enabling them to cover the whole lawn bowls area. The watering of the green can now be carried out in an efficient and effective manner.

IMPROVEMENT WORKS AT THE SPORTS COMPLEXImprovement works had been carried out for the area in front of the Squash Centre. The

landscape along the boundary fence is now decorated with lush and leafy plants providing a natural screen for the Club from public’s view.

We had also enlarged the beer garden thus increasing the seating capacity, allowing more members to chill out at the beer garden after their workout. The upgraded beer garden comes with a timber deck and is partially roofed with glass so that it blends well with the surrounding landscape. A covered walkway connecting the Sports Complex and the Squash Centre was also constructed to provide shelter during rainy days.

WHEELHOUSE, SWIMMING POOL AND SURROUNDS UPGRADINGAn amount of $500,000 has been set aside in the FY2009/2010 budget for the re-tiling of the swimming pool. Having taken into consideration that the re-tiling of the swimming pool will have its impact on the Wheelhouse and swimming pool surrounds, the General Committee decided to include these two areas, which are weary and outdated, for upgrading. The upgrading plan aims to integrate facilities and optimize the use of space in the Club.

As such, the General Committee called for a Special General Meeting on 8 February 2010 to seek approval for a budget of $3.5 million to execute the upgrading plan and the resolution was passed. The Management is now working closely with the designer to refine the proposal and explore the feasibility of incorporating members’ input into the proposal.

LOOKING AHEADWe had made plans to upgrade the existing facilities in the Club and the primary focus is to enhance the physical condition of facilities

and keeping it updated to meet the needs of members.

One area of priority will be our guestrooms which are extremely popular judging from our occupancy and also vital to the financial success of the Club. However guest feedback indicates that they look very tired especially our bathrooms and the air-conditioning system are in need of a major overhaul. Churchill Room, being an outlet that offers fine dining, is often utilized to hold events and weddings. The upgrading aims to bring it back to its glorious days and also equip it with modern infrastructure to handle the advanced audio & visual needs of users.

The existing set-up at the Terrace, Terrace Bar and Wine Bar presents a challenge. We could enhance their individual identity or integrate the outlets with a common theme e.g. bar cum alfresco dining.

The main lobby looks weary in its current state and deserves a make-over to restore its majestic character in a contemporary fashion. The DPSC will put recommendations in place to improve all those facilities to ensure The Tanglin Club remains the most thought after club in Singapore.

In conclusion, I would like to thank each and every member, for the valuable time and effort given, in enhancing the Club to what it is today.

Dr Richard TanDevelopment & Property Convenor

DEVELOPMENT & PROPERTYSUB-COMMITTEE REPORT

ANNUAL REPORT 2009/2010 9

DEVELOPMENT & PROPERTYSUB-COMMITTEE REPORT

COST REPORT ON ADDITION AND ALTERATION WORKS TO THE TANGLIN CLUB At 31 January 2010

Tangles Kitchen, POS Cabling,Equipment Room

CONTRACT PACKAGES AWARDED FINAL REMARKS CONTRACT at 31 Jan 2010 SUMS $ $

PILING CONTRACT 921,395.00 760,992.23 Final Account signed 1.0 Main Builder’s Works 1.1.1 General Preliminaries 1,531,207.00 1,531,207.00 1.2.1 Cost for Bond & Insurances & Discount, etc 370,000.00 370,000.00 1.3.1 Builder’ Works - Architectural & Structural 9,004,420.00 9,004,420.00 1.3.2 Variations to Builder’s Works 0.00 411,232.41 1.3.3 Variations not in Master Plan 0.00 1.4.1 M&E Works 3,439,303.00 3,439,303.00 1.4.2 Variations to M&E Works (as advised by Squire Mech) 0.00 728,624.40 1.4.3 Variations not in Master Plan 0.00 2.0 Prime Cost Sums 2.1 Vertical Transportation 350,000.00 248,200.00 2.2.1 Interior Fitting-Out Works 0.00 (a) PC Sum for Interior fitting-Out Works and Built-in Joinery Works 3,094,000.00 2,038,930.00 (b) PC Sum for Loose Furniture, Fixtures and Lockers 0.00 2.2.2 Variations to ID NSC 0.00 11,647.85 2.2.3 Variations not in Masterplan / F1 0.00 364,020.00 2.3 Bar Equipment 200,000.00 196,385.00 2.4 Audio Video Equipment 200,000.00 243,457.00 3.0 Provisional Sums (a) Builder’ Works in Connection with Services Installation 200,000.00 0.00 (b) Interior Fitting-Out Works to Hair Salon 160,000.00 0.00 (c) Interior Fitting-Out Works to Spa/Health Club 864,000.00 0.00 (d) Diversion fo Existing Services 175,000.00 17,441.25 (e) Services Connection Fee 60,000.00 0.00 (f) Landscaping Works 100,000.00 100,000.00 (g) Contingencies 843,000.00 0.00 4.0 Builder’s Profit & Attendance on Prime Cost 107,070.00 68,963.34 TOTAL FOR MAIN CONTRACT 20,698,000.00 18,773,831.25 TOTAL TO PILING & MAIN CONTRACT WORKS 21,619,395.00 19,534,823.48 [exclusive of GST] 5.0 ADD 5.1 Consultants’ Fee 1,400,000.00 1,072,046.10 5.11 HBO Fees 260,000.00 5.2 Site Administration 350,000.00 423,282.39 5.3 Accredited Checkers 10,600.00 10,600.00 5.4 Models and Prospective 12,000.00 3,400.00 5.5 Authorities Submission Fee 75,000.00 91,850.37 5.6 Authorities Submission Fee to SLA 23,000.00 23,011.04 5.7 Structural Investigation Fees 10,000.00 8,930.00 5.8 Demolition of sub-station 18,100.00 Total for ‘ADD’ 1,880,600.00 1,911,219.90 TOTAL COST 23,499,995.00 21,446,043.38 including Consultancy Fees and Site Administration GRAND TOTAL 21,446,043.38 List of Items not to be included in Masterplan (528,864.92)

Total less excluded items 20,917,178.46

THE TANGLIN CLUB 10

ENTERTAINMENT SUB-COMMITTEERobert Wiener (Convenor)Patricia Hancock-TeohKathy BirkbeckShirley LowTan Chin NgiapTony LiokKate Stanley

CHILDREN SUB-COMMITTEEChristine KweeRachelle LauSoon Pek Quan

DEPARTMENT STAFFAngelina Tan - Events ManagerVanitar Sindaya - Events ExecutiveKomala Attegan - Playroom OfficerNishalani Nair - Playroom Officer

SUMMARY OF EVENTS & ENTERTAINMENTNumber of events from January to December:• 22 special events• 4 Ladies Luncheon• 2 Adults Art Workshop

Most of our events attracted an average attendance of 100 to 120 members and guests. Some of the few successful events with overwhelming crowds of more than 160 members and guests were the Peranakan Evening held in June, Golden Oldies Night in July and Oktoberfest in September.

In May, the Annual Club Party themed “Blue Hawaii” had a successful turnout of over 800 members and their guests. It was a fun-filled evening with heart-pounding entertainment and great food & beverage throughout the night.

In support of Spa Botanica, we held two therapeutic Spa events in July and October, which saw approximately 25 attendees.

NYE Ball countdown saw a total of almost 700 revelers through the Club with good entertainment and excellent food & beverage. It was a memorable night for most. Most of all festive events were successful. We had approximately 600 attendees during the Christmas Tree Lighting.

In aid of The Children’s Aid Society, a donation box was placed at the reception desk from 29 November till 25 December. A total of $1,333 was collected and we thank those who contributed to this donation.

CINEMANumbers of movies screened from January to December: 48 movies Total Attendance from January to December: Approximately 11,524

Some of the popular movies which received very good response with over 300 viewers were Mama Mia, Sound Dog, Ramen Girl, Australia, Young Victoria, Last Chance Harvey, Gran Torino, Changeling and Up.

TEEN SCENEThis year, we had the privilege of having Kate Stanley on our committee who is very enthusiastic and active in teenage activities. Although we have not planned anything successfully for this demographic group, we will strive harder to organize activities and events for the upcoming year. There have also been ideas and suggestions brainstormed and put together in setting up at teenage area within the lower ground floor for the Club. This project, we hope, will be looked into seriously and carried forward successfully.

CHILDREN’S ACTIVITIES & PLAYROOM Total number of events & activities: 18Majority of our children’s activities went well in 2009 with an average of 20 children per activity/workshops. To name a few successful events: Sweet Love Chocolate-making Workshop, Modern Etiquette, Science Show, Children’s Easter Party, National Day Brunch, Sweet Scary Night Halloween Party and all the festive baking workshops. Magical Christmas Fairy Tale party was a great success with an attendance of about 120 children.

Our playroom continued to be well-utilized by children age two and above. Operationally, it has been a smooth year. Towards the last quarter of 2009, we spent approximately $350 in replacing and replenishing toys. Beginning of 2009, an advertisement was placed in the magazine titled “Reuse & Recycle” reaching out to members to bring in used toys for the Playroom. Response was fair and we urge members to continue to participate in this recycling project.

In continuation of 2008’s success, we brought back the Christmas Pantomime “Aladdin” which was wonderfully performed by The Stage Club over the weekend of our annual Tree Lighting. We had an overwhelming turnout of more than 450 attendees.

FY2009/10 BUDGET(FEBRUARY TO DECEMBER 2009)Generated Gross Income Revenue vsBudgeted GrossSpecial EventsGenerated Gross Income Revenue - $214,712.32Budgeted Gross - $170,000

Children’s ActivityGenerated Gross Income Revenue - $27,564.51 Budgeted Gross - $16,600

Special Events had the opportunity to work in two other events (Peranakan Evening and Oktoberfest) which were not forecasted in the calendar.

Children’s Activity brought in substantial revenue for the NYE Family Party.

FY2010/2011The goal for the Entertainment Department for FY2010/2011 is to create a concentrated mix of cultural entertainment that will be capable of contributing to the Club’s social activities by attracting and accommodating members and their guests of diverse cultures and ages.

The Entertainment Department will not only seek after local and regional artists to perform or exhibit but will create entertainment that is stimulating, cost effective and attractive.

We have finalized our objectives for the year ahead and look forward to generate a Gross Income of no less than $240,000 in all areas of the Entertainment.

ENTERTAINMENTSUB-COMMITTEE REPORT

Golden Oldies

Clockwise (from top): Robert Wiener, Tan Chin Ngiap, Kate Stanley, Patricia Hancock-Teoh, Shirley Low, Angelina Tan, Vanitar Sindaya and Tony Liok.


TERMS OF REFERENCE Terms of Reference for the Entertainment Sub-Committee were put together in late December and we are pleased to share the following with you.

The Entertainment Sub-Committee is made up of a group no less than four and no greater than eight members including the Convenor and Deputy convenor.

The Entertainment Sub-Committee’s role is to focus on all matters pertaining to entertainment and events in the Club.Its primary role is to:• Set the policy and the direction of the Club’s activities (events and entertainment) for the year in question.• Set the policy and direction of the Club’s children’s activities (events and activities) for the year in question• Arrange for the selection of all films in the Club for the year in question• To raise the profile of the Club’s activities within Singapore society

through media coverage in various high profile magazines (Singapore Tatler, The Peak etc)• To solicit as far as possible sponsorship (external) for events and activities in the Club• Ensure that the budget for the department, inclusive of operating costs, Club subsidies and any new infrastructure is provided for the ensuing year.

OPERATIONALLYThere are two separate sub-committees under the entertainment umbrella namely:• The ESC (Entertainment Sub-Com) Through the Events HOD; works closely with the Events Department and makes recommendations to the Management of the Club on all major Club events (Tanglin Ball, NYE Ball, Club Party etc), and all other events/activities in the Club.• The CSC (Children’s Sub-Com) Through the Events HOD; makes recommendations to the Management of the Club on

activities for members’ children age between 5 to 16 years of age.

WORD OF THANKSOnce again, thank you members for supporting all our events. Please do not hesitate to provide us feedback on any of the events you have participated in, may it be good or bad. However, we will come to you with a yearly survey.

In closing, many thanks to all my Committee members for giving so much time and effort to make this year such a success.

To the Tanglin Club Entertainment Team, Angelina, Vanitar, Komala and Nishalani, you all make our job so very easy. I know we have achieved a great deal this year and I wish you all the very best for 2010.

It has been a great pleasure to be your Convenor this year.

Robert WienerEntertainment Convenor

ENTERTAINMENTSUB-COMMITTEE REPORT

Golden Oldies

Oktoberfest

Rock & Roll Night

Blue Hawaiian Club Party

Oktoberfest

Shanghai Nights

Blue Hawaiian Club Party

Rock & Roll Night

Christmas Day

THE TANGLIN CLUB 12

F&B SUB-COMMITTEEFrank Newman (Convenor)David Palmer (Deputy Convenor)David GohNan SandfordDavid Hickman

It has been a difficult year for all in the F&B department. With the economic situation, expats leaving and staffing tight due to IR’s opening, and average check down 20%, management has done an excellent job in controlling cost without a price increase.

Members often do not realize that F&B is quite a complex department with turnover of almost $8 million a year, serves 1000 meals a day and employs 69 people in the kitchens and 77 staff in restaurants - a total of 146 persons. There are four kitchens serving four main types of food, Chinese, Western, Indian, Thai and local dishes to cater to our multinational group of members.

From the figures (please see table on the following page) you will note, revenue is up and costs down, and all budgets positive, this resulting in a considerable reduction in losses on direct costing of $563,000 compared to the previous year. (Job credits totaled $270,000).

With covers up but individual checks down, it must mean members appreciate the good value of Club services in these difficult economic times. It also means staff are working harder for less revenue.

Revenue for combined F&B outlets reached over $1 million in a single month for the first time in December 2009.

CHURCHILL ROOM - OUR FLAGSHIP RESTAURANTA lot of effort was put into trying to introduce a Chinese Restaurant in the Churchill Room, but it always floundered over the Club’s low customer base. Outside contractors were not interested unless the restaurant was open to the public, and internal catering was not cost effective. Top quality Chinese food is 2 to 3 times more expensive to prepare and serve than Western food.

Fine dining did not take off – members were more interested in a wholesome meal rather than “Picasso on a plate”. It was decided to position the restaurant based on an “international theme” with best dishes taken from menus supplied by reciprocal clubs. Food standard and positioning is upmarket from Tavern with prices and quality about 15 to 20% higher. Covers and revenue have already shown an increase.

The Club needs both a function room and a premier restaurant, and the Churchill Room serves both. The room was beginning to look tatty, and not befitting the premier restaurant of a 5-star international Club. Designers were consulted, resulting in a “soon to be completed” upgrade of the room.

THE TAVERN AND TERRACEThe most popular restaurant in the Club - nearly

always full as it offers good wholesome food at sensible prices. Menus have been revamped.

WHEELHOUSEThe highlight of the year was the passing at the SGM in February 2010, of the proposal to renovate the pool, surroundings and the Wheelhouse Restaurant.

This will result in the closure of the restaurant for about three months. Alternative arrangement are in hand to increase serving areas in the Wine Bar, Terrace, Deli and Tangles. This may result in slightly smaller menus in some

outlets but the staff are doing all they can to continue “service as usual”.

The restaurant will be much brighter and with a partially-open kitchen, allowing a larger menu with a concentration on local dishes. When completed it will be a very attractive restaurant, befitting a premier Club. Compared to other outlets it is more expensive to staff, as it is open for 15.5 hours a day, and revenue per cover is smaller than in other outlets.

THE DELI LOUNGE AND TANGLESThese restaurants have proved to be popular, especially at lunch time. Not only do they serve a good meal at reasonable prices, but with the opening of the new car park, parking is much easier.

BANQUETINGBanqueting sales over the last year have increased by 24% at $1.208 million. Members are now beginning to appreciate the excellent value and facilities the Banqueting Department is offering compared to outside vendors.

BARS AND WINE BARThere are five bars in the Club all selling a complete range of drinks. The Wine Bar has not taken off as hoped, but plans are in hand to upgrade this room, after the Wheelhouse renovations are complete.

Wine sales have held up surprisingly well this year at $1.012 million - a marginal increase of 3% over last year, and prices are lower than at most other clubs.

WINE SECTIONThe Wine Section held seven functions during the year, including a dinner with Guest Chef

FOOD & BEVERAGESUB-COMMITTEE REPORT

Churchill Room

Deli Lounge


SUMMARY OF F&B FINANCIAL RESULTS 2009/10 ($1000)DIRECT COSTS/REVENUE Y.T.D. Budget Last Year % increase/decrease over last yearRevenue 8919 8470 8244 +8.2Cost of Sales 3983 3799 3644 +9.3Gross Profit 4936 4670 4600 +7.3Direct Labor Costs 4811 4704 5015 -4.1Other Direct Costs 1008 867 1032 -2.3 Net Income (Loss)On Direct Costing -883 -901 -1446 +39.0

Allocated Expenses Utilities 991 1003 958 +3.4Property Tax 57 61 94 -39.4Depreciation 497 436 472 +5.3Allocated Labor 357 342 355 +0.6 Total Allocated Costs 1902 1842 1879 +1.2 Estimated total LossF&B department -2784 -2743 -3324 +16.2 F&B Cost (%) 44.66 44.99 44.02 +1.5Labor Costs (%) 53.95 55.70 60.57 -10.9Total Food Covers 372,307 319,774 282,607 +31.7Average Check ($) 23.73 26.15 29.00 -18.2

Note:1. A government “Job Credit Scheme” of $259,000 reduced labour costs by that amount.2. Including in the accounts is $84,000 for cable vision expenses.3. About 6000 $50 birthday vouchers will be given to members this year.

13

FOOD & BEVERAGESUB-COMMITTEE REPORT

Jimmy Chok, five wine tasting events and a gala dinner in December 2009.

GENERALMost clubs in Singapore lose money on their F&B departments. To break even on direct costs at the Club’s F&B outlets means revenue/covers would have to increase by about 10%. With new menus and upgrades, and hopefully additional revenue at all restaurants, it is possible the break even figure will be obtained in a year or so. It is not practical to engage outside caterers to deliver 5-star food and service at a sensible pricing/cost structure.

To recover all costs, both direct and allocated, means menu prices would have to be increased by over 50% - which is inconceivable.

The F&B department has not had an overall price increase for some years yet all costs from food, utilities, staffing etc, have increased in the meantime.

Overall, our food & beverage prices are the lowest of the major clubs, although individual items may be higher. Members often complain that some items are more expensive than outside food courts, stalls, etc. Their overheads are usually much lower, their customer base larger, and normally they are only selling one or two lines, which allows for economies of scale.

McDonalds can sell hamburgers cheaper than the Club. On the other hand, prices at Raffles are much higher.

The Club has first class staff in both kitchens and restaurants, and both service and food

quality have been upgraded this year and complaints way down.

The main problem is that the Club is serving members 5-star food and service at 3-star prices, with expensive overheads. With no menu price increase for some time, but with cost cutting measures, increased productivity and increased sales, expenses have decreased, and losses reduced, but this can only carryon for so long, as all costs have increased considerably over the past few years.

Some members say that as they are paying a monthly subscription, this should be used to subsidise F&B. Almost all the subscription goes to paying for Club amenities like swimming pool, car parks, sports complex, maintenance, cinema, as well as administration, security and the likes. A 5-star club has to have these amenities, whether members use them or not.

The F&B policy is to give members 5-star food and service at reasonable prices. With the improvement in the economic situation, it is hoped that price increases can be kept to the minimum. Pricing policy is continually under review.

PERFORMANCE Members sometimes state that staff are not performing as the F&B department continues to lose money.

That is not correct. Staff are measured against budget, which is approved by the General Committee. This year, all figures are positive, so staff have performed above expectations.

The General Committee sets pricing, number of outlets and menu policy. It is these items that mainly affect the overall cost and profit/loss structure of

the F&B department.

A BIG THANKS TO ALLIt’s been a challenging year for all concerned, not only coping with the economic situation, but a change of management. All agree that there has been a considerable improvement in standards over the period and I am certain that with our team of Executive Chef Louis Tay, Sous Chef Dennis Thng and F&B Operations Manager Johnny Yap, there will be even more improvements in the coming year.

My thanks go to all the staff and F&B Sub-Committee members for all their help, guidance and assistance in obtaining these excellent results.

Frank NewmanF&B Convenor

Wine Bar

THE TANGLIN CLUB 14

HUMAN RESOURCE SUB-COMMITTEEEric Lee (Convenor)Nan Sandford (Deputy Convenor)Sylvia LeePatrick KwekVincent TroyAdrian Kwong

The harsh global economic climate in the first three quarters of 2009 resulted in a negative impact on many businesses here in Singapore. However, the economic outlook for 2010 seems better as companies are more confident and business is picking up. The Club itself managed quite well to sail through these difficult times and we actually have recorded an increase in business in most areas. 2009/10 also saw a nice dip in staff resignations where we managed to reduce the monthly attrition rate to 1.3% as compared with 3.2% from the previous financial year.

The Club still showed a high turnover in various department heads but we look forward to a stabilisation in this area with a new management team in place.

IMPROVEMENTSSeveral new initiatives and activities were implemented during 2009 to improve the working environment and work culture of the staff. It began with the area known as the ‘Back-of-House’, where the Facilities, Housekeeping, Security, and Kitchen staff engage in their duties; and staff have their changing and resting rooms. The area has been nicely cleaned up and is well-lit, making it a welcoming entrance for staff arriving for their duties. The staff entrance also has been officially relocated to this area with a new security station in place to assist and monitor activities.

Training was the next important step for the staff. With the assistance of training agencies such as OTI Consulting Pte Ltd, Elaine Heng Image Consultancy and the Tourism Management Institute of Singapore, staff were trained in Communication & Relationship Management, Problem Solving & Decision Making, and Personal Grooming, with an attendance of 70% to 90% of all staff attending.

We managed to save a big portion of our training budget by fully utilizing all the various government grants, subsidies and absentee payroll assistance available. Total course fees amounted to $14,088.85, after a SDF grant of $50,488 and a SRP grant of $32,358.35.

Recently, we have also started a Workforce Skills Qualification in Employability Skills Systems offered by the Tourism Management

Institute of Singapore. Even further emphasis will be given to ensure all service staff will receive compulsory training before serving a single Club member.

All work and no play would certainly make one very dull; therefore, staff morale was improved with regular trips to places of interest, giving staff the opportunity to relax, unwind, get to know each other and have a much-needed breather. It allowed staff to form a more cohesive bond with their colleagues, many of whom do not socialise with each other outside their normal work schedules. The outings proved to be popular, and the Human Resource Department received many suggestions on places to visit in the future. Events organised for staff included a visit to the Singapore Flyer, the Night Safari, a Staff Bowling Tournament and a trip to the Marina Barrage. In-house activities included a cooking demonstration by Executive Chef Louis Tay and a health talk by an experienced nutritionist.

A new life insurance plan was introduced to include all levels of staff. With this new benefit, our overall benefits plans will be more competitive within the industry.

The monthly ‘Town Hall Meetings’ are now ‘Staff Gatherings’, which give the staff the opportunity to hear updates directly from their General Manager and their colleagues from Human Resource. A bit of fun is added, and all birthdays are now celebrated for those staff whose birthdays fall on the current month. Cohesive interaction is greatly encouraged, which allow the staff to raise issues of importance.

RESULTS ACHIEVEDThe measures that were implemented produced encouraging results, judging by the increase in complimentary letters from members, and the reduction in complaints. It appears so far, that training has improved the staff’s understanding of their work requirements, and learning new work-flow process, amongst other things, which also improved overall work efficiency and quality of work.

Although this achievement is admirable, much more effort can be put in, and will be put in, as the year progresses.

THE LEAP FORWARDIn the dynamic work environment that exists in Singapore, people are recognised as the country’s primary resource, and as an elite social and business club, The Tanglin Club recognises our staff as such a resource.

In the months to come, specialised training in hospitality, information technology, resource management, coaching and advanced problem-solving skills will be taught by corporate training schools and skilled professionals, carefully identified and selected by the Management. We will do our best to retain the special talent that we have and provide them with the enhanced skills to continue to bring the Club to a higher level of service standard that members have come to expect and appreciate.

I have the honour and pleasure of thanking my fellow Sub-Committee members for their support and wise counsel to the Human Resource department during our tenure. I would also like to thank the Management of the Club for their support and hard work in the application of staff-improvement measures and in the implementation of the new HR initiatives.

Eric LeeHuman Resource Convenor

HUMAN RESOURCESUB-COMMITTEE REPORT

Staff at a Communication &Relationship Management Workshop.

From left: Patrick Kwek, Vincent Troy, Eric Lee, Nan Sandford and Adrian Kwong.Inset: Sylvia Lee.


LIBRARY SUB-COMMITTEENanette Sandford (Convenor)Dr. Albert Wee (Deputy Convenor)Obaid Ul HaqSimon Martin Nancy LumRupa NatarajanNg-Lim Yoke Kian Dan OoiJames See-ThoeCarolyn Yeo

The Junior and the Main Library together with the DVD Section have been very active throughout the year. As per the directive from the General Committee, a separate DVD Section Committee was formed in November 2009 under the umbrella of the Library Sub-Committee. Mrs. Ng-Lim Yoke Kian was elected as the DVD Convenor. The DVD Budget for the year 2010 was discontinued. Thereafter, DVD Section Fund will be used for the purchase of DVDs for the year 2010.

The Library Sub-Committee members have introduced new writers to the Fiction collection to gauge members’ interest. Book suggestions from members have been well received. Books are approved based on the majority of the members’ interest and popular authors or a bestseller.

The Internet stations have been used in great

demand by members and reciprocal members. Printing and photocopying services are also available in the Library at a minimal charge.

The Junior Library has always been completely utilized. New books for children aged 3 to 14 are purchased monthly. Book suggestions from members are mostly approved. The members in general are pleased with the selection of books.

We furnish several new books for teens and encourage boys and girls of this age to visit the Junior Library. The library staff are pleased to serve members and their children at any time when the Library is open for operations.

New books are acquired monthly and the loan reports below shows the increased no. of loans. We are within budget this year and the purchase of books was based on the guideline as previously, 70% for General Fiction and 30% for Non Fiction. Loan Acquisition figures for 2009 are as follows:

Total Number of Books Borrowed(Feb ’09 to Jan ‘10)Adult Library: 35,449 & Junior Library: 25,104

New Books Acquired (Feb ’09 to Jan ‘10)Adult Library: General Fiction - 583,Non Fiction - 298

I wish to thank the Library Sub-Committee

members for their immeasurable contribution for the libraries and the Reading Room. A thank you note to reach Laura Monteiro, HOD for the Library, Agnes, Nancy, new recruits – Mei Hui who has taken the duties from Feona and Shamima who has taken over from Jenny.

CLUB RELATIONSOnce again, I worked very hard to meet current members, returning absent members, reciprocal members and staff. This is to get feedback with a view to enhance facilities of the Club.

The staff have worked extremely hard and I have done my best to make sure that everything is in order. I would like to thank the staff for their co-operation.

By attending the interview sessions, I meet people from all walks of life who wish to join the Club. I have been to most of the interviews and to-date, all of the Introduction Evenings every month.

Nan SandfordLibrary & Club Relations Convenor

LIBRARY & CLUB RELATIONSSUB-COMMITTEE REPORT

DVD SECTION COMMITTEENan Sandford (Library Convenor)Ng-Lim Yoke Kian (Convenor)Simon Martin (Treasurer)Chua Chew YongKhoo Kay ChaiRupa NatarajanReeta RajSajeeve Thomas

The DVD Section Committee was formed in November 2009 and I am very privileged to be elected as the DVD Convenor for the year 2009/2010. The DVD Section Committee has first of the monthly meetings.

With the increasing DVD members in this section, the DVD Section Committee will endeavour to setup a system to enhance service to the members.

I would like to thank DVD Section Committee members for their valuable effort to make the section a success. A big thank you to the very supportive library staff and to the Library Sub-Committee members.

New DVDs Acquired (Feb ‘09 to Jan ‘10) - 858Total Number of DVDs Borrowed (Feb ‘09 to Jan ‘10) - 9,892

Ng-Lim Yoke KianDVD Section Convenor

THE TANGLIN CLUB 16

MAGAZINE & WEBSITE SUB-COMMITTEEShanta Sundarason (Convenor)Nan SandfordSusan GallagherPriti Shah

The Magazine & Website Sub-Committee has had another extremely busy year. With a continuous flurry of activities and events, the task of improving and enhancing the website and continuing to implement a revamp of the magazine, the Marcom team was kept on their toes throughout the year. They have however, welcomed the challenges and risen to the occasion.

Those of you who use the Club’s website will have noticed the on-going improvements, enhancements, and additions. We have been revamping the design and functionality of our website. More than 1,000 members have signed up for access to the “Members’ Only Area” where Rules & Bye-Laws, announcements, notices, and surveys can be viewed and downloaded.

Further value-added services will continue to be added to the system over the next few months. We will continue to pursue our initiative to have the website become an integral part of the Club’s mode of communication with the members.

We have continued to work on improving the E-Newsletter, which has resulted in better readability via email and web browsers. Many thanks to members for all your feedback. This has helped us with our decisions on improvements within our section.

The team has strived to maintain the “freshness” of our publication, with more emphasis on articles, recent events, and design. Changes have been subtle so as to not appear too different from the previous issues.

Advertising revenue has increased, with more advertisements by members who wish to advertise their products and services.

Signage throughout the Club has been replaced by professional-looking posters designed by our Marcom team. We have been able to save on costs by designing and installing notices in-house.

Much of our photography is now done in-house (with emphasis on F&B), by Marcom. The Marcom team has expressed great interest in photography, and have taken on the task of performing photo shoots of food & beverage for the magazine, posters, menus and website.

Cost savings have increased, as a result of not hiring external photographers and

with less reliance on purchasing stock images.

Part of the heritage board at the front of the Club was designed by our

Marcom team. An icon of history must be made public knowledge, and with the

help of National Heritage Board, the board was installed

.

We have undergone a restructuring of our department and the Marketing & Communications department now operates under the direct leadership of General Manager, with the Convenor advising where necessary.

The staff have learned to multi-task extremely well, having to manage various additional projects over and above those related to the publishing of the monthly magazine. Workflow and administrative processess have been fine-tuned over the months after the resignation of the ex-Marcom Manager, and the department continues to operate under pressure effectively.

The Marcom team have also performed tasks beyond their normal scope of work - ranging from installation of vinyl sticker and acrylic signages to preparing Club party props and decorations. Staff have requested to attend classes for advanced photography, image-editing software and workshops related to their job scope. Constant skills upgrading and training is in line with Ministry of Manpower’s advice of “staying ahead”.

We are extremely fortunate to have such a dedicated and enthusiastic team that continues to strive to improve itself and serve the membership. I would like to thank them all for their continued support and great work. Nazrin Ali, Habib Mansoor and Alvin Teu. You are all a great asset to the Club and on behalf of the committee, I would like to thank you all for yet another year of great work.

Before I sign off, I would like to say a very big thank you to the Magazine & Website Sub-Committee members, Nan Sandford, Susan Gallagher and Priti Shah as well. Without your guidance and input, the magazine would not continue to be a much awaited item in most members’ mailboxes each month!

Shanta SundarasonMagazine & Website Convenor

MAGAZINE & WEBSITESUB-COMMITTEE REPORT

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MEMBERSHIP & RULES SUB-COMMITTEEVincent Troy (Convenor)Robert Wiener (Deputy Convenor)Sylvia LeeMoiz Sithawalla

In addition to providing information and advice to the General Committee on matters relating to Club Rules and Bye-Laws, the M&R Sub-Committee reviewed membership procedures and records, and carried out a capacity study of Club facilities. The results of these initiatives together with a summary of admissions and membership composition are contained in this report.

CLUB MEMBERSHIPIn February 2010, members were provided with the results of a review of membership composition showing the number of Singaporean and non-Singaporean members categorized by their active and absent status and membership type. It was noted that the “citizens of one country” limit imposed by Club Rules had been exceeded because of past errors in the manual records and that the Club had now taken steps to ensure the accuracy of the new computerized record system.

The admission of new Singaporean members and the limited buy back scheme were both suspended in July 2009 in anticipation of the results of the review.

Since there were still vacancies for non-Singaporean members, the Club was able to admit 114 new Ordinary and 81 new Term Members during the financial year. Entrance fees received from our new members totaled $3,940,666 and continued to represent an important source of Club income. Within these admissions the Club had bought back and admitted 14 Singaporean memberships making a total of 88 such buy backs since the scheme was introduced in September 2004.

As at 31 January 2010, the number of Ordinary and Life Members was 3,769 against a Planned Total Membership of 4,000. The total number of registered Club Members (excluding children under the age of 16 years) was some 12,000 of which some 8,000 were active members. An age analysis of active members showed that some 10% were aged under 30 years, 30% were aged between 30 and 49 years and 47% were aged between 50 and 69 years and 13% aged 70 years and above.

There were 230 vacancies for non-Singaporean membership as at 31 January 2010 which compared with Waiting List numbers are as follows:

Singaporean children of members - 808Singaporean adults - 417

IMPROVING THE APPLICATION PROCESSThe proposal of a candidate by two members, the display of the application on the Club notice board, and interview and endorsement by committee members remain the essential platform for the admission of new members.

The procedure to obtain an application form and the time period for notice board display have been changed in order to expedite the process.

CLUB’S RULES & BYE-LAWSThe Registrar of Societies confirmed agreement to the Rule amendments which had been approved by members at the Special General Meeting held on 1 December 2008 and the Annual General Meeting held on 25 May 2009.

The new edition of the Rules which became effective on 1 November 2009 has been sent to members, and additional copies are available from the Membership Department and the Club website.

CAPACITY STUDYThe M&R Sub-Committee commissioned a study on the utilization and capacity of the key amenities and facilities of the Club with the objective of determining the potential for growth in membership. The study was conducted by a team of fourth year business management students from the Singapore Management University.

The study concluded that an increase in membership numbers would depend on desirable loadings of club facilities and other key criteria which should be decided by the Club. The students developed a computer tool which the Club can use to test various criteria and calculate membership numbers by very broad age bands. They also looked at some key statistics such as spend against age profile, joining age over time etc. which will help the Club in formulating membership changes.

NEW MEMBERSHIP CARDSWhen it became necessary to order more membership cards a decision was taken to switch to a cheaper type of card. In order that both types of card can be used, dual card

readers will now be installed at the key entry points to the Club. The issue of cards and the installation of card readers is expected to be completed by June 2010.

RECIPROCAL CLUBSDuring the course of the year, we added one additional club in Canada (The Granite Club in Toronto) to our list of reciprocal clubs, which now total 124 worldwide.

We continue to receive numerous requests from clubs around the world for reciprocity and we adopt a selection process which ensures that successful applicants meet the standards required by the Tanglin Club.

We have also implemented a feedback form for members’ completion after their visit to the various reciprocal clubs to gauge popularity and evaluate reciprocal arrangements.

ACKNOWLEDGEMENTSI wish to thank my colleagues on the M&R Sub-Committee for the support and guidance they have given me during the year. They have given generously of their time and provided invaluable professional expertise.

I would also like to commend the dedicated staff of the Membership Department for their effectiveness in managing this important aspect of Club administration and for the support they have given to our Sub-Committee.

Vincent TroyMembership & Rules Convenor

MEMBERSHIP & RULESSUB-COMMITTEE REPORT

Members at a recent Introduction Evening.

THE TANGLIN CLUB 18

MEMBERSHIP & RULESSUB-COMMITTEE REPORT

SUMMARY OF MAIN RULE CHANGESThe main Rule changes may be summarized as follows:

Rule 4 (iii) Investment limit of one third with single party.

Rule 5 (i) Three year residency for election to Committee.

Rule 5 (ii) Committee non executive role.

Rule 5 (v) Committee Member’s right to resignation statement.

Rule 6 (iv) Stricter conflict of interest rules.

Rules 7 (ii)(iii) Restriction of Officers holding Sub Committee positions.

Rule 8 (ii) Committee approval for appointment/ removal of key staff.

Rule 10 (ii) Mailing of Bye-Law changes.

Rule 10 (iii) Committee’s right to suspend Bye-Law.

Rule 11 (v) 75% majority to change PTM.

Rule 13 (iii) 75% majority to elect Life Member.

Rule 14A (i) Restriction on Singaporean Term membership.

Rule 14A (iv) Removal of Term conversion incentive.

Rule 14A (v) Number of Term members tied to PTM.

Rule 16 (i)(a) Candidates’ sponsors liable for Club bills.

Rule 16 (i)(b) Term Member must have sponsor.

Rule 16 (iii) Notification of unsuitable candidates.

Rule 17 (i)(ii) Candidates must get signed support of five Committee Members.

Rule 19 (iv) Effective date for granting child priority to Ordinary membership.

Rule 20 (iv) Remove Committee discretion on Visiting Member’s stay.

Rule 22 (ii)(iv) Cessation of Absent membership for non-payment or non re-registration.

Rule 22 (v) Remove Committee discretion to allow Absent Members use of Club.

Rule 26 (ii) Natural justice for Member expelled or suspended.

Rule 26 (v) Procedures for Inquiry Sub Committee moved from Bye-Law.

Rule 27 (iii) Posting of suspension or expulsion moved from Bye-Law.

Rule 29 (ii) Installment Plan payable at rate of $10,000 per annum.

Rule 29 (iii) No participation in voting or distribution unless fully paid up Member. Rule 30 (iii) Removal of Committee discretion to waive subscription.

Rule 33 (ii)(iii) Set date and order of business at AGM.

Rule 34 (i)(ii)(iii) New procedures to prevent delay in holding SGM.

Rule 38 (i)(a)(b)(c) Extension of AGM voting period and scrutiny provisions.

Rule 38 (vi)(b)(c) (d)(e) Voting procedures moved from Bye-Laws.

Rule 38 (viii)(a)(b) Preparation of Minutes of General Meeting moved from Bye-Laws.(c)(d)(e)(f)

Rule 41 Strengthen provisions for dealing with gratuity, abuse and complaint against staff issues and suggestions and complaints made to Club.

Rule 45 Widens prohibitions of claims against Club and Committee Members.

Rule 45A Exclude indemnity for claims for removal from office.


TENDERS & PURCHASING SUB-COMMITTEEDr Albert Wee (Convenor)Vincent Troy (Deputy Convenor)Andre ArulDinesh SharmaMichael J Oliver

It has been a great honour and pleasure to serve as the Convenor of the Tenders & Purchasing Sub-Committee (TPSC) for a second term.

TPSC continues to maintain a high level of professionalism and efficiency in overseeing the tender and procurement of goods and services process. We continue to be very stringent in selection of vendors and award contracts to those that offer best value for money to the Club.

For example, in the Club Building Painting Tender Exercise, although the approved budget was $150,000 we managed to award the painting job to a reputable painting company for $38,800 saving the Club $111,200.

Six tender exercises were successfully conducted and awarded. We managed to achieve an overall cost saving of $45,820 against the approved budget of $1,128,620 which is equivalent to 4%.

I would like to thank all the TPSC members who worked with us and they include Mr Vincent Troy, Mr Andre Arul, Mr Dinesh Sharma and Mr Michael J Oliver. They have sacrificed their precious time offering valuable advice and services.

Last but not least, my thanks to the in house management team for their support and in ensuring that TPSC policies and directives are observed and implemented.

The table below gives details of tender

conducted and awarded for 2009/2010.

Dr Albert WeeTenders & Purchasing Convenor

TENDERS & PURCHASINGSUB-COMMITTEE REPORT

Freshly painted facade of the Club’s Main Building.

LIST OF TENDERS CALLED BY THE TPSC FOR THE PERIOD APRIL 2009 TO JANUARY 2010

S/No Description Tender Amount Budgeted Cost Saving Awarded S$ Amount Against Budget

1 Club Building Painting $38,800.00 $150,000.00 $111,200.00 2 Housekeeping Contract Cleaning (24 months) $478,200.00 $597,120.00 $118,920.00 3 Security Services (24 months) $436,200.00 $500,000.00 $63,800.004 Waste Disposal Services (12 months) $39,600.00 $45,900.00 $6,300.00 5 Lawn Bowls Shade $42,000.00 $40,000.00 ($2,000.00)6 Squash Court Refurbishment $46,000.00 $44,000.00 ($2,000.00)7 Glass Enclosure for Tangles $30,000.00 $30,000.00 NA8 Printing of Club Magazine (12 months) In Progress In Progress NA9 Re-Conditioning for Function Rooms In Progress In Progress NA10 Supply of New Chinaware for Churchill Room In Progress In Progress NA11 Supply of Membership Cards In Progress In Progress NA12 Fresh Flower Supply (12 months) In Progress In Progress NA

$1,110,800.00 $1,407,020.00 $300,220.00

THE TANGLIN CLUB 20

SPORTS & RECREATION SUB-COMMITTEEDavid Palmer (Convenor)Dr Richard Tan (Deputy Convenor)Sethuraman Ganesan (Balut Convenor)Dr Ng Boon Keng (Billiards Convenor)Rohini Arya (Bridge Convenor)Chris Claridge (Golf Convenor)Rodger Kimpton (Lawn Bowls Convenor)Chu Hui Wen (Scuba Convenor)Andrew Crombie (Swimming Convenor)Shane Hagan (Squash Convenor)John Rasmussen (Tennis Convenor)

Activity levels in almost all sports are up year on year and there is greater usage of the Sports Complex. The S&R Department has been completely restructured this year and is currently at full strength. We have employed Ennie Toh as S&R Manager and she brings some of the management skills we have lacked in the past.

The Sports Committee has healthy debates about the future of sports in the Club and many new initiatives are being undertaken. The Committee is focused on providing enjoyment and activities to the membership. A new dedicated Gym Manager has enhanced the fitness environment and we are optimistic that this will generate greater activity.

BALUTFourth of July turned out to be an exciting day for Tanglin Balut as we claimed the Empire Cup from the British Club. It was a special achievement, as the trophy had eluded us since the start of this competition five years ago.

Another all-important annual fixture was the Staff vs Members tournament which had a good turnout from both sides. Twenty-six players participated in an exciting afternoon with a great finish by Staff who claimed the trophy after many years of disappointment.

BILLIARDSCommitment and perseverance has finally paid off when our team brought home the John Ewing Trophy from Singapore Cricket Club after four years of hard fought challenge.

BRIDGEBridge members made their maiden overseas trip in July and their visit to Royal Bangkok Sports Club and RBSC Polo Club was an eye opener, we look forward to more trips.

Also, a refreshing change from the usual duplicate games was the introduction of Wine & Tapas Evening team format games which received overwhelming response. As a result, two more evenings will be planned for 2010.

GOLFThis year saw two shotgun start matches being Annual Championship in August and Captain’s Cup in January. Both events received enthusiastic participation of an average 100 members each. A “Young Swingers” workshop was also organized for the first time and demand has prompted us to conduct it twice this year at Heartland Golf.

We secured a sponsorship package from Barclays Capital for the Golf Section, which has enabled us to develop better quality events and a closer relationship with our key corporate sponsor.

LAWN BOWLSThe 2009 season ended sweetly with a victorious encounter against Singapore Cricket Club in January. An additional coaching clinic was also conducted with nearly 50 members taking part, with most seeing a big improvement to their techniques.

SCUBAAn injection of youth into the committee has paid huge dividends in the number of talks and slide shows, socials events and dive trips being organized. A good mix of youth and experience is how we would summarize for the first half of 2009. A BSAC Sports Diver Course was also conducted in January with twelve members enrolled.

SWIMMINGGoing beyond the depth of the pool, members were rallied to support the 24-Hour Splash for Cash fund raising event for Rainbow Centre EIPIC Fund. A total of S$148,112.23 charity fund was raised surpassing our expectations - a significant achievement from our Swimming Section. It is definitely “IN” to swim as the Annual Swimming Championships received over 170 entries, a huge number by any standard.

SQUASHThe 11th International Jumbo Doubles Squash Tournament hit its record high with over 200 players participating including the current World Masters Champion and teams from as far as UK, Australia and New Zealand setting us as the biggest Jumbo Doubles event in the world.

With just two years’ entry at the Singapore National Squash League, we have come on very strongly and won the National ‘A’ Grade

competition that we had lost by just one point to Singapore Cricket Club a year previously.

TENNIS2009 saw a fast growing interest and participation for the Junior Coaching Programme which will set a strong foundation for future pathway. This result was seen with our young and furious team claiming the Quadrangular Trophy hosted by Keppel Club.

Twelve tennis members also enjoyed their trip to Hong Kong in December to play friendly with Ladies Recreation Club and look forward to hosting them in 2010.

I would like to pay tribute to the dedication of the S&R staff and Management who had a difficult year with many personnel and sport allocation changes. We now have a full crew of professionals that will go the “extra mile” for the members – we expect great things for 2010/11.

Thanks also to the Sports Convenors for their dedication to their sports. Few members appreciate the amount of work the convenors do - day in and day out - to provide the quality of events that are becoming expected at The Tanglin Club.

David PalmerSports & Recreation Convenor

SPORTS & RECREATIONSUB-COMMITTEE REPORT


SUB-COMMITTEESethuraman Ganesan (Convenor)Nina MenonSapinah Hughes 2009 was a good year for the Balut Section. Balut is a fun dice game played by two or more players. Played with five dice, the aim is to score as many points as possible by the end of the game. Members interested in learning how to play Balut, can find instructions at the Main Reception Counter and the S&R Reception Counter. They will find that Balut is easy to digest and get addicted to. MONTHLY GAMES At the Tanglin Club, we play monthly games on the last Thursday of the month (except December). Players meet at the Terrace Bar at around 7pm for drinks, followed by six games of Balut in the Cards Room. The players with the highest scores will walk away with monthly prizes. The section membership level remains steady and the section organised 20 competitions during the year including excursions to Bangkok, Thailand and Kota Kinabalu, Sabah, West Malaysia. CLUB CHAMPIONSHIPThe Club Championship for the year is selected on the total of each player’s best six gamesout of a total of 11 games played. Again this year, the competition went to the wire and the last throw decided the championship and a new name to be engraved onto the Peter Bird Trophy. The accumulated top scorers were:Sethuraman Ganesan (Champion 2009) - 3715/619Lillian Lee (Runner-up) - 3704/617David Hughes - 3664/611Huned Hassanbhai - 3601/600 (ocb) Fatema Sadiq - 3597/600 Min Kemeny - 3573/596

Additionally, the year’s highest event total score was Fatema Sadiq (706) with runner-up David Hughes (702). Highest column score went to Sapinah Hughes (155) with runner-up Fahmida Hassanbhai and Fatema Sadiq both at 149. INTER-CLUB BALUTSix clubs - namely NUSS, Singapore Recreation Club (SRC), Singapore Cricket Club (SCC), The Indian Association, The Eurasian Association and The Tanglin Club - competed in this year’s competition.

The tournament ran in four stages and was sponsored by Pernod-Ricard Singapore, distributors of Chivas Regal Whisky and Jacob’s Creek Wines. The Tanglin Club team was defending champion and at stage one played at the SRC, saw TC Team 1 (Min, Sapinah, David & Sethu) carrying on the good form.

However, at the finals, played at the TC with a sellout crowd of 76 players, we had to entrust the year’s championship to The Indian Association with TC Team 1 in third place out of the 20 teams that participated. POT GAMES VS SCCWe repeated last year’s success at the POT Games and retained the cup with very close scores. As usual, it was a team effort, with Bansi and Shirley Lim performing exceptionally bright for the Tanglin Club. EMPIRE CUP VS BRITISH CLUB The fourth of July 2009, may have been the turning point in our annual Balut endeavours against the Singapore British Club. Since this cup was inaugurated five years ago, Tanglin Club has always come out short. Eighteen determined Tanglin Club players gathered at the British Club and we won with a clear margin of more than 100 points, with a special mentioning of Raj Sundarason, Else Stokkmo and David Hughes.

STAFF VS MEMBERS The all-important annual fixture, Staff vs Members, was again enjoyed by all 26 participants this year. It looked at a certain stage as the members were comfortably in charge but the staff smelled an opportunity after the fourth game and collected the trophy with an unheard of finishing at the end of the sixth game.

Congratulations to all. A special mentioning of staff go to Mary Lee, Letchumi and Betty and members Gale, Sapinah, Min and Bansi. 29TH STC INTER-PORT BALUT COMPETITIONA record number of totally 168 baluteers (42 teams) from Thailand, Singapore, Brunei, Philippines, Sabah and Sarawak gathered in November 2009 at the Sabah Golf & Country Club, Kota Kinabalu.

The efforts of the hosts when visiting East Malaysia are just out of this world - with golf, sightseeing, fellowship, camaraderie, sumptuous meals and of course not least the Balut.

The Tanglin Club did well. We had two teams participating and our TC Team 2 (Kristian Bonnichsen, Huned & Fahmida Hassanbhai and guest player Rena) came in as runner-up, just 67 point shy of the new champions - the British Club Bangkok - where the 2010 event will be hosted. In closing, sincere thanks to the Balut Section members, sub-committee members Sapinah Hughes and Nina Menon, together with the S&R and F&B staff for their diligent support during the year. Kristian BonnichsenScribe

BALUTSPORTS SECTION REPORT

THE TANGLIN CLUB 22

SUB-COMMITTEEMark Simpson (Convenor)Dr. Ng Boon KengCheung Yew TakKevin Chen Hung Te

The Billiards Section managed to complete all the named competitions for the year. Participation was, however, poor. Few signed up and of these quite a number gave walk-overs.

Usage of the facility was poor and hence revenue continued to drop. Feedback from

members was that the Billiards Room is detached from the other areas of social activities.

Ideally, the Billiards Room should be sited near other similar activities like the Jackpot Room and Cards Room. It is hoped that something can be done in the New Year to alleviate this depressing situation.

Dr Ng Boon Keng

BILLIARDSSPORTS SECTION REPORT


SUB-COMMITTEERohini Arya (Convenor)Howard HaythornthwaiteSherna DananiGrace YehShyamala KanagasundaramLily LimDeepa GuptaNorma KeithEsther LingBansi Sethuraman

The Bridge Section had another event-filled great year, with attendance reaching record numbers. These high numbers held steady, even through the traditionally slow summer period as well as over Christmas and New Year. To deal with the growing popularity of the game at the Club, we have expanded the Bridge Sub-Committee to ten members, six of whom joined during the year.

We started last season with the Spring Surprise Tea & Game in April. This was followed in June by our ever-popular summer lunch for the Bridge community held at the Raffles Room, followed by an afternoon game comprising of 30 pairs playing a ‘Michelin’ movement.

The year witnessed two firsts for the Bridge Section - an overseas trip to Bangkok and a Wine & Tapas Evening at the Club.

The trip to Bangkok happened in July where The Tanglin Club members competed against the Royal Bangkok Sports Club and the Polo Club.

It was a successful event and we plan to do another overseas trip this year.

The Wine & Tapas Evening was held in August. It was a refreshing change from the usual duplicate games that are played at every session, in that it was a team event with six teams of four members to a team competing against each other. Thanks to Howard for this great idea.

In September, we bid farewell to Claire Quinn - a familiar name in the Bridge group - having been convenor for over ten years and actively promoted the game of Bridge at The Tanglin Club.

The Diwali High Tea was held at the Raffles Room on 12 October, where again we had 15 full tables of Bridge. The special Indian menu, Bollywood dance item and an Indian song by the members made this a very enjoyable afternoon.

November witnessed the Annual Club Championship, where 30 Club members participated. It started with lunch at the Tavern followed by the pairs championship game. Rohini Arya and Rupa Natarajan emerged as winners of this event.

The Christmas Lunch & Game was again very well-attended with traditional turkeys, carols and a Bridge quiz adding to the festivities. This is the time when prizes are awarded to the session winners and to the overall Club Champion. Once again, this year’s trophy went to Rohini Arya

with the most number of masterpoints.

The Year of the Tiger was welcomed in with a special “Ang Pow” game followed by high tea. Dim sum and noodles were much appreciated by all the players and almost every pair went home with a red packet.

I would like to take this opportunity to thank all the Bridge Sub-Committee members for their untiring and invaluable help and support over the last year. And on behalf of the Bridge Sub-Committee, thanks to all the S&R staff, as well as the F&B staff, who have all been amazing and with whose help Bridge at the Club has been an enjoyable experience.

Rohini AryaBridge Convenor

BRIDGESPORTS SECTION REPORT

Bridge Convenor

THE TANGLIN CLUB 24

FITNESSSPORTS SECTION REPORT

2009 has been a year of change for our Sports & Recreation Department - finding the right balance between catering to members’ needs, and operating a functional and efficient gym with a viable programme.

Our new Sports & Recreation Manager, Ennie Toh and Gym Manager, Arziz Kamsani have worked together to address various areas of need in the gym.

PROGRAMMINGThe classes on offer have increased considerably, from 35 to 45 on our weekly timetable with a greater variety. From Pilates to Dance Classes to special 15-minute, free-of-charge sessions, where all members can experience a group exercise setting and improve their core strength.

All exercise to music classes have grown in popularity. Specialty classes have been added to create a fun social atmosphere and encourage newcomers to participate.

The Ultimate Fitness Feast Card encompasses all group classes as well as water-based fitness classes. It has been a key element in attracting Aqua participants to try land-based exercises, using the fitness facilities as well as joining any class on the timetable.

This has led to an increased interest in gym usage and attendance - from 130 to 140 members on a daily basis, as well as the UFF

membership which has increased in recent months from 110 to 145.

PERSONAL TRAININGAn article about our fitness team in the latest issue of the Club magazine presented our current Physical Training (PT) team, consisting of eight personal trainers including our new Gym Supervisor, Bala. Personal training is still in its early stages at The Tanglin Club. The gym management is developing PT packages to attract a larger demographic to exercise with a qualified personal trainer.

New options for the deconditioned, pre/post natal and the elderly are areas which Arziz is currently considering. Free fitness assessments can be arranged with the Management. All personal trainers have been issued with uniforms and staff badges improving the professional look of our team in compliance with the Tanglin Club standards.

EQUIPMENTMembers have welcomed a fresh addition to equipment. New Yoga blocks, yoga straps, yoga mats and resistance tubing are adding a new face to traditional classes. Soon, there will be an addition to the number of Spinning bicycles, allowing more members to participate during peak hour classes.

We have also seen a clear improvement on the sound equipment with the introduction of ‘pitch control’ in Studio 1, giving the instructors more

control to use music to suit their participants’ skills by altering the speed of music. This is an important consideration in a professional studio.

MAINTENANCEThere has been a steady improvement in the upkeep and cleanliness of the studios. The installation of a permanent sanitizer/hand towel unit encourages all participants to adhere to basic hygiene requirements before and after using gym equipment.

SOCIAL ENVIRONMENTBringing fitness events to the members will be part of our next set of goals. Talks, workshops, fun classes and charity events, contribute to a healthy lifestyle with a fun element. Fitness professionals work together in the Club to create an interesting and tempting fitness feast for participants to consider joining. Late last year, events such as “Pink Ribbon, Spin for Life” successfully brought Tanglin Club members together for a good cause. The gym management looks forward to proposing a host of events in 2010.

REFINING OUR PRODUCT.We will spend 2010 carefully listening to our members and doing our best to provide them with a Fitness centre and management whose primary role is to bring solutions to their concerns, consider their suggestions for improvement and excel in delivering a high quality health and wellness facility.


SUB-COMMITTEEChris Claridge (Convenor)Yeo Swee TuanAlex Eow Yoke KeeAlban KangEugene LimGopal BanerjiRanjan RamchandaniDavid JamesJurgen Martiens

Under the Convenorship of first Alban Kang, then Chris Claridge and the newly-appointed Captain ST Yeo, the 2009 Golfing year was the busiest ever for the 300 or so Tanglin Club members who subscribe to the Tanglin Club Golf Section.

Multiple opportunities to play some great courses in great competitions against great clubs, with great camaraderie - and always followed by great refreshments.

Members played Jurong, Keppel, Laguna, Orchid, Raffles, Seletar, SICC, Tanah Merah and Warren.

Members turned out in record numbers for the major competitions with 126 at The Annual Championship and 90 for the Captain’s Cup. The Annual Christmas Bash & Turkey Dinner was also a huge success.

Two “Home & Away” matches against The American Club in the Ryder Cup series resulted in the trophy now sitting in The Tanglin Club’s cabinet and other clubs which played (but with less to celebrate) included Changi Beach Club, Singapore Cricket Club and SAFRA.

Within the Club, we played against Fitness, Lawn Bowls, Squash and Tennis and the Young Swingers programme was launched to give members’ children and grandchildren an introduction to the ancient game.

All of the above activity is funded by members of the Golf Section, each paying $60 a year to the Section Fund with a Club top-up. This year, we were able to enhance the Golf Section activities with a generous sponsorship from Barclays Capital.

Thanks to Barclays Capital, we were able to award The Blue Jacket to the new Club Champion Gopal Banerji, give away multiple blue shirts and caps, enhance the Annual Championship and Captain’s Cup dinners, deliver the Young Swingers programme and, perhaps most importantly, deliver on the promise that at least 10% of our Golf Section members have the opportunity to play each month and all Golf Section members have the chance to play in at least one of the major events.

The final word has to be for your Golf Section Sub-Committee, a group of keen golfers who give up their personal time to ensure The Tanglin Club and its members have a full and vibrant annual Golf calendar – Alban Kang (Convenor Mentor), Alex Eow, David James, Eugene Lim, Gopal Banerji, Jurgen Martiens, Ranjan Ramchandani, ST Yeo (Captain) and yours truly, Chris Claridge (Convenor).

Chris ClaridgeGolf Convenor

GOLFSPORTS SECTION REPORT

THE TANGLIN CLUB 26

SUB-COMMITTEERodger Kimpton (Convenor)John ChildDevi HodgkinsonDerek HodgkinsonVirginia LongfellowGanesan SethuramanSteve Wright

DEVELOPMENTThe breadth of our playing activity was enhanced by the introduction of a Triples competition, which was well-supported and has now become a favourite format. It is intended, in due course, to extend the Section Championships by the inclusion of this discipline on a permanent basis. We are also considering the introduction of handicap competitions. Apart from the Annual Inter-Section Bowls Challenge, the Squash Section fielded a team for an Inter-Section match which proved a great success. Clearly more of these events will help extend members enjoyment of Lawn Bowls and the popularity of our world-class bowling green as a centre of sporting recreation in the Club. The bowling green is also available as a venue for members to hold their private or corporate staff social functions.

Lawn bowls organisations in Australia have become aware of our facility which has lead to requests to arrange friendly games during 2010/2011. This follows a very successful visit by an initial group of Australian bowlers in June. Another international friendly match during July, was by a team representing the Hong Kong Police Bowling Association. We will be hosting matches with many teams visiting Singapore this year. Section member strength has grown slightly during 2009 in spite of successfully recruiting many new players. Unfortunately, the additions were offset by losses due to membership departures from Singapore during the economic crisis but we continue to draw attention of members to the opportunity Lawn Bowls provides for sporting and social interaction.

Insofar as the green is concerned, work still needs to be done to ensure that the Club’s investment is well protected. It is hoped that in the coming year an appropriate heavy roller will be acquired, sprinklers commissioned and proper and regular maintenance of the green and its surrounds, as well as the Club owned equipment, will be forthcoming. Shades around the banks of the green are soon to be installed which will provide protection from the sun and rain.

2009 CHAMPIONSHIPSOur aim is to ensure a minimum entry of 32

players for each championship and it is pleasing to be able to report that this was achieved in most instances. To maintain levels of interest and involvement, all entrants to championship competitions are guaranteed at least two games; the first in the competition proper, and for the losers in the first round progression to the first round of the Plate.

Lawn Bowls team games continued to be very popular as shown by full entry lists to all doubles competitions.

RESULTS OF THE 2009 CHAMPIONSHIPSSinglesSteve Wright TrophyWinner: Rodger KimptonFirst Runner-up: Zoher MotiwallahSecond Runner-up: Virginia LongfellowSingles PlateWinner: Richard CoventryRunner-up: Sethuraman GanesanDraw PairsWinners: Rodger Kimpton and Bob GunningRunners-up: Virginia Longfellow and Anthony RawlinsonDrawn Pairs PlateWinners: Lee Wah and Huned HassanbhaiRunners-up: Fatema Sadiq and John ChildOpen Pairs Winners: Zoher Motiwallah and Sethuraman GanesanRunners-up: Lee Wah and Richard CoventryOpen Pairs PlateWinners: Devi and Derek Hodgkinson Runners-up: Fatima and Zoeb SadiqNovices (Ladies)Winner: Val ReevesRunner-up: Bansi SethuramanNovices (Gentlemen)Winner: Ted HartlandRunner-up: John Wright

NATIONAL CHAMPIONSHIPWe entered a team in the Mens’ Triples National Championship which was played on a “knockout” basis at the Kallang green. Good experience of two bowl play was acquired by our team before losing in the quarter final.

LAWN BOWLS INTER-SECTIONCHALLENGE SHIELDThe dedicated trophy for this event, contributed to the Tanglin Club by former presidentMr. E. Henton was won in 2009 by the Squash Section (Team 2) with Bridge being the runner-up. Most Sport & Recreation Sections entered teams, although disappointingly there were notable exceptions. We shall do our best to rectify this in the current year because there are few opportunities in the sporting calendar for all sections to take part in a game against each

other on an equal basis and importantly meeting other members of the Club in the social contact which follows the fixture.

INTER-PORT WITH THE ROYAL BANGKOK SPORTS CLUBThis fixture was played at the Polo Club venue in Bangkok over the first weekend of May and in spite of a few local political difficulties which were prevalent at the time, a very successful visit was enjoyed by all participants. Regrettably, RBSC retained the trophy but we have great expectations for our next meeting here in Singapore later this year.

LAWN BOWLS LEAGUEThere were ten teams entered in the Pairs Inter-Club League, which was hosted by The Tanglin Club. We took the first and second places with points tallies of 27 and 25 respectively. The competition was played over a nine-week period with all games played on our green. A similar league will take place in the current year.

COACHINGIn addition to the ongoing personal coaching which is available to all Club members, we were able to run two coaching clinics during the year through the generosity of visiting coaches sharing their time and experience with our bowlers. Nearly 50 players took part in the various clinics and they saw a big improvement to their technique and game. More coaching clinics will be conducted during 2010.

The section purchased DVDs of many of the best international matches played in Australia in 2009 and these will be screened each week at Tangles, watching the top players in the world compete is a great way to understand the strategy of bowls match play.

CONCLUSIONProgress was made in 2009 but there is no room for complacency and we acknowledge that there is scope for a great deal more to be achieved both in terms of enhancing our facility and promoting our presence. Our priority in the immediate future, must be to increase our section membership numbers and build up the matchplay experience of our existing bowlers.

We are grateful for the persistent help we have received from the Sports & Recreation staff without which our committee would have been hard pressed to make maximum use of the first class sporting facility which we now have.

Rodger KimptonLawn Bowls Convenor

LAWN BOWLSSPORTS SECTION REPORT


SUB-COMMITTEEChu Hui Wen (Convenor)Jonathan Quek (Secretary) Faris Alsagoff (Diving Officer)Helena Chu (Treasurer)Derek QuekGrace WongTan Lee LengLeong Yut WahDr Marcus LimLen ReutensConor McCoole

What a year this has been for the Scuba Section, filled with highlights and heartaches.

The year started well with three talks and slideshows from engaging speakers who were generous enough to volunteer their time, opening the eyes of Tanglin Club members and our Scuba Section members. We started first with William Tan - not only were his beautiful underwater photographs marvelous to behold, his good-humoured and chatty style of presentation made us forget just how difficult it really is to get good, clear photographs that tell a story. Then Derek Potter gave an excellent presentation on sunken treasure and maritime archaeology in Southeast Asia. His fascinating talk was so popular that every seat in the Raffles Room was occupied, and more than a few people were spotted standing at the back listening intently. In April, Emery Kristof, who found and filmed the “Titanic”, spoke to us about underwater videography, and the part he played in inventing and developing different video equipment lights and systems for filming the dark depths of the sea. All three speakers were mobbed with questions and thanks, and we would happily welcome them back for more inspiring talks in future. Late in the year, we also

had the pleasure of welcoming Eric Leong, a semi-professional photographer who has been published in numerous magazines, back to the Club for another presentation of his stunning photographs. Eric generously shared tips and stories on diving and underwater photography, making it a very enjoyable evening.

May brought 17 Scuba Section members and friends to the Tubbataha Reef in the Philippines. This is the largest coral atoll and only marine national park in the Philippines, and has been a World Heritage Site since 1993. So we were looking forward to some world-class dive sites. As it turned out, although there were some interesting sites and fish-life (like manta rays and schooling baby grey reef sharks), some of the sites were infested with Crown-of-Thorns, or were recovering from obvious underwater bombing previously. The only really memorable sight underwater was a 3-metre tiger shark that came up close to a few divers. Too bad it was such a brief encounter that not everyone saw it. But for those who were close enough... shiver!

Other members also went on trips to Lembeh Straits, the Bahamas, and elsewhere, and returned with tales to tell.

The Scuba Section happily welcomes new members to its fold, whether young or not so young, and whether qualified or complete novices. Two babies have been added to our scuba families this year (with another due in April), as well as some young, newly-qualified divers who were trained by the Scuba Section’s instructors. We look forward to seeing all of them come out on dive trips and social events soon.

Sadly, in the midst of the additions to the Scuba

Section, one of our members was taken away. Dr Marcus Lim was an extremely enthusiastic and energetic diver who joined us as a qualified and experienced diver. With such energy, he was soon invited to join the Scuba Section Sub-Committee and spurred us on with creative ideas to reach out to divers and non-divers in the Tanglin Club - by way of articles and photos in the Club magazine, underwater pictures for the Club’s Swim for Charity event a few years ago, and talks by world-renown underwater experts. Marcus’ photographs were award-winning, and always eye-catching with a depth and warmth to them. Marcus, you will be sadly missed.

Finally, I would like to extend my heartfelt thanks to the Scuba Section Sub-Committee, who have been a cohesive team, working hard throughout the year to keep the diving flame burning. Their enthusiasm and passion for diving is evidence of the joy that we get from our friendship and shared love of diving.

Chu Hui WenScuba Convenor

SCUBASPORTS SECTION REPORT

cuba Convenor

THE TANGLIN CLUB 28

SUB-COMMITTEEShane Hagan (Convenor)Lood van Rooyen (Treasurer)Brian Dickerson (Scribe / Media / Communications)Peter Rogers (Doubles Advisor)Henry Mullen (Socials, Junior Coaching)Iqbal Singh (Singles Competitions) Norman Wee (Facilities/Maintenance)Alex Yew (Tours and Friendlies)

2009 saw continued growth in participation for the Squash Section. The number of section members increased (current membership stands at 167 people) and all club tournaments were very well patronised.

THE 11TH INTERNATIONAL DOUBLES TOURNAMENT Entries for the President’s Cup, our annual international jumbo doubles tournament, reached record levels with more than 200 players participating. It is now the biggest Jumbo Doubles event in the world and players from Asia and as far afield as UK came to enjoy the competition and social activities put on by the Club. It was an honour to hear Geoff Davenport, current World Masters Champion in the over-50 category remark at the prizegiving that “I’ve experienced many tournaments around the world in my squash career, but this is probably the best I’ve ever been to.” Another player also summed up the weekend well: “It just ticks all the boxes - great sport, the company of like-minded people, plenty of good F&B, solid tournament organisation and the opportunity to explore Singapore.” Tanglin Club participation was particularly strong with a total of 30 teams entered.

I would like to thank the sponsors, many of whom return to support the tournament year after year such as KC Dat, Prosec Services and Acma Engineering. This year, we were proud to have John Link and his company Link Pumps as the gold sponsor. We sincerely thank John and all other stalwart sponsors. The success of this year’s event is largely due to our experienced tournament organisers, but more importantly the outstanding support from our Club management and staff.

NATIONAL SQUASH LEAGUE (NSL) The 2009 NSL consisted of eight teams and ran from February to June. This was the second consecutive season that Tanglin Club had entered a team into the ‘A’ grade competition. In 2008, we had finished one point away in second place. This year was to be Tanglin’s though, as the same team as last year augmented by Club coach Tim Arnold managed

to win the league for the first time in many years for the Tanglin Club. It was particularly sweet to successfully revenge the loss to Singapore Cricket Club by one point last year. Tanglin also entered a team in the ‘E’ grade league and whilst not being successful, by all accounts the team performed with grace and sportsmanship and enjoyed themselves. This spirit also appeared in the Cosmo league where the Tanglin team performed creditably.

OVERSEAS TRIPS This year, trips were made by section members to Bangkok for the Chiang Mai Cup and Kuala Lumpur for the annual Jumbo Doubles tournaments there. And in October, a small team played against a selection of local players in Manila. It is hoped to have more overseas trips in 2010 including a proposed trip to the Hong Kong 3s, which is to be held in November. ANNUAL CLUB CHAMPIONSHIPS This year’s annual singles championship was divided into three draws, giving players the opportunity to compete with players at their own level. In Division 1, Richard Hill, timing his return back to Singapore from university perfectly for the tournament, proved far too strong for the rest of the field. In Division 2, Darcy McColl proved that experience can beat youth in accounting for Alex McKenzie, and in Division 3, David McElwain prevailed over section veteran Graham Dare.

ANNUAL MASTERS AND VETERANS CHAMPIONSHIPS Given the average age of our members, this tournament is historically very popular and this year we held four categories - Juniors for the kids under-50s, Masters for the over-50s, Veterans for the over 60s and Vintage for those venerable members whose actual age is “lost in Respectability and the Mists of Time“ (quote brought to you under licence from Brian Dickerson). Winners this year were myself in the Juniors, Darcy in the Masters, Ish in the Veterans, and John Kuyper beat Peter von Selkey for the Vintage title.

KIMPTON CUP The finals of the Kimpton Cup, the Club’s annual doubles tournament, were played in December with Paul Isted and myself defeating Marc Nicholson and Lood van Rooyen in a very hard fought match.

OTHER TOURNAMENTS The spring handicap squash tournament was won by Marc Nicolson, who in coming from a very large handicap, set possibly a club record in scoring points over a weekend squash competition. The annual SCC-Tanglin Doubles

tournament was held in December and this year Johnathan Chan from SCC and Vincent Lam were victorious.

SOCIAL ACTIVITIES Following with strong tradition from previous years, there were a large number of social activities carried out at the Squash Centre including numerous regular birthday bashes, a couple of caiparinha events and also a visit by some world-class players. In August, the Club was honoured to host World Number 8, Madeline Perry, and World Number 24, Sarah Kippax, from Northern Ireland and England respectively. A battle of the sexes was organised with two of the Club’s players including yours truly and it was a surprising win to the local side 2-0, I guess the girls were really concentrating on their real reason for being in Singapore, the Singapore Masters tournament taking place at Kallang a few days later. Numerous overseas clubs graced our courts with the usual high standard of competitive play during the year. As usual a Japanese team led by squash legend Hitoshi Ushioggi made their annual visit to the Club, and in June a team from Calcutta Rackets Club played some matches against Tanglin Club friends. NEW DECKING AND LANDSCAPING In early January, we returned from holidays to see construction underway for our new Beer Garden. After initial fears of change, members have really been drawn to the new facility and its beautiful landscaping, and we are all looking forward to many enjoyable social activities in our new garden.

MEMBERS This year, we welcomed to the Club, seasoned squash players Ashley Gunning and Al Aspen, who have definitely strengthened our doubles ranks. We also welcomed a large number of other new players to the Club. We are sad to say “goodbye” to a number of members over the year including Saturday regulars Paul Gelardi and John Christopherson. We said goodbye to Peter von Selkey, the designer of our Squash Centre, during the year but I think he enjoyed himself so much at his farewell that he decided to stay a little longer. We wish one of our longest serving members a very happy retirement in Australia. Cheers Peter.

Shane HaganSquash Convenor

SQUASHSPORTS SECTION REPORT


SUB-COMMITTEEAndrew Crombie (Convenor)Genevieve CrombieAudrey Ruyters-LimJudy LimFrederick FrancisAlvin Pang - TotalSwimmingLionel Leong - TotalSwimming

Whilst the rest of the world was sinking steadily to the bottom, the Swimming Section enjoyed one of its most buoyant years ever, with many successful events, excellent inter-club results and all topped off by the recession-busting fundraising performance at our “Splash for Cash” 24-Hour Charity Swim.

WINNERS ARE GRINNERS!There are two major Club championships held each year at The Tanglin Club. The first of these is The Tanglin Club Annual Swimming Championship which was held on the 16 May 2009. With over 170 event entries received, this quickly established itself as one of our best.

Whilst many young stars sparkled, one shone above the rest - none other than Ryan Teh who won all of his five Boys 9-10 years races, setting two new Club age records along the way. Other Club age records were also set by Emily Shaw, and sisters Tan Mae Shuen and Tan Lee Shuen. Fantastic swims by all!

The other main Club competition was The Tanglin Club Annual Sprint Championships which was held over the 33m short course distance on 7 November 2009. Stars of this championships were again many, but the standouts had to be Gillian Fu, setting a record 27.79s for the 33m Girls 11-12 years backstroke, and father and son missiles Carl and Sean Chan, who set a blistering 39.05s for 66m parent/child.

BEST SWIMMERS AWARDSEach year, we award Best Male and Female Swimmers Awards for the swimmers who have shown the most dedication, effort and improvement in skills and results over the preceding year. This year, Teoh Ning was awarded the Best Female Swimmer 2009 and Lim Kojin was awarded the Best Male Swimmer 2009.

Congratulations to Ning and Kojin, you have made the Club and your parents proud.

IT ISN’T JUST SWIMMING!With each of the Club Championships, we also host a BBQ/party for the swimmers and their families, set around the kids’ pool. These have proven phenomenally successful with most of

the swimmers staying on with their families to enjoy the great food and free flow wine, beer (for the adults!) and soft drinks.

In 2010, we will be looking for more novel and exciting ways to entertain the kids and create the space all parents need to kick back, and enjoy a drink or two with the other members of the Swimming Section. Something we don’t do enough.

NEVER TOO OLD!The Master’s Programme continues to grow steadily, with many new swimmers joining to make up for the departures of some foundation members during the year. The only competition entered this year was the Singapore Masters Championships held in late August, where Franz de Jong pulled off a clean sweep of all of his races - winning six Gold Medals. Great stuff, Franz!

INTER-CLUB EVENTSDuring 2009, The Tanglin Club was represented strongly at Triton League events held at the British Club in May, the Swiss Club in September and the Hollandse Club in November – all with great results.

In 2010, The Tanglin Club will host one of the rounds and show these other clubs what home advantage is really about!

POOL SAFETY2009 was a key year for pool safety with the addition of GOLD Medallion rating for our NASSA (National Swimming Safety Award) accreditation. This means The Tanglin Club, through TotalSwimming, are able to offer all levels of swimming safety training, covering all needs from basic water safety to technical lifesaving skills. Interested members should apply to the S&R Department to register.

Further pool safety improvements will be implemented in 2010, together with the renovation of the pool and poolside areas.

THE BEST FOR LAST! OUR CROWNING GLORY!No matter how (or how often) you look at it, the Tanglin Club’s “Splash for Cash” 24-Hour Charity Swim to raise much needed funds for The Rainbow Centre’s ‘EIPIC’ early intervention programme was an incredible success.

Despite the prevailing doom and gloom of the recession, the members of The Tanglin Club rallied together behind this most noble cause and were able to raise a staggering $140,000.

Over the 24 hours, the pool saw phases of

swimmers enter and leave, chalking up lap after lap. Members of all ages slogged it out in all manner of strokes and speeds, hour by hour, for a worthy cause.

The post event dinner was very special with entertainment from a collection of Singapore’s best including Mathilda D’Silva, Sheila DeNiro, Clement Chow, B. Hardie, Wendy and David, and Faridah Ali. A line up of which few venues could ever boast!

Our thanks must be given to our Guest of Honour Professor Tommy Koh and to Mrs. Koh, who went far beyond their formal roles as dignitaries, returning throughout the 24 hours to support the swimmers and the children visiting from The Rainbow Centre.

Further thanks also to Ms. June Tham and her team from the Rainbow Centre for their insight and execution; to all of our entertainers who generously gave our cause their time and their talent; to our sponsors – The Tote Board/Singapore Pools, Nestle, Water’s Edge Pte Ltd, W Star Corporation, TotalSwimming, EK Ang Trading & Transport, The Ian Ferguson Foundation, Lena Eng, Lee Su Lian and Aida Lee; and to the staff of the Tanglin Club and the Swimming Section Sub-Committee for all of their tireless effort.

Coming at the end of a stormy year, it was appropriate that our brightest moment of 2009 would be signaled by a rainbow - the smiles and gratitude of the kids at The Rainbow Centre.

THANKS TO OUR TEAMSA final note to thank all those parents, staff and committee members who have gone out of their way to make all of our 2009 events a brilliant success.

Special thanks to Alvin Pang and Lionel Leong of TotalSwimming without whom our events would be a mess and to Frederiek Bollen, who has singlehandedly held the fort for the S&R Department and still managed to coordinate all of our events for our best results yet.

Now we turn our attention to 2010 and how to beat what we have achieved over the past 12 months.

Thank you.

Andrew CrombieSwimming Convenor

SWIMMINGSPORTS SECTION REPORT

THE TANGLIN CLUB 30

SUB-COMMITTEEJohn Rasmussen (Convenor)Lilian LumEsther LingVirginia LongfellowLL Lim

The Tennis Section enjoyed an eventful year, packed with an average of two to three events per month.

We started out the year with the annual Singapore Swimming Club Invitational, with a Men’s pair team, a Ladies pair team and Mixed Doubles pair team in March 2009. Other events held throughout the year were:

IN-HOUSE EVENTS 2009/10• Monthly Bring-a-Guest evenings • 2009 Wimbledon Tennis Match & Dinner, on Sunday 5 July • National Day Tennis Social, on Sunday 9 August • Tennis End-of-Year Celebration, on Saturday 28 November • Tennis Chinese New Year Party, on Saturday 23 January 2010

CLUB CHAMPIONSHIPSThis year the Junior Tennis Championships were held in September and the Club Championships in November. Our congratulations go out to:

Junior ChampionsUnder 10 Girls Maxine NgUnder 10 Boys Ishaan ParakkoranUnder 12 Girls Shibani MehtaUnder 12 Boys Evan TanUnder 14 Girls Jose Maria CondottaUnder 14 Boys Will AngkawidjajaUnder 16 Girls Alison KuahUnder 16 Boys Ishan Krishan

Club ChampionsLadies Singles Anne TanMen’s Singles Mark FernandesLadies Doubles Maddie Noda & Naomi Takeda

Men’s Doubles Mark Fernandes & Dave NgMixed Doubles Chong Yu Mei & Bernard Fung

INTER-CLUB COMPETITIONSThis year, the Club entered two teams for the STA Inter-Club Doubles Competition. The men’s team was entered in the ‘B’ Division and for the first time, our ladies team was entered into the ‘A’ Division.

The men’s team had many close-fought battles and was only one point short of a place in the semi-finals. The ladies also had a lot of tight matches and came close to taking the top spot; a placing of third was a very respectable finish for the ladies.

This year the POT Games were hosted by the Singapore Cricket Club, but played at the Tanglin Club. Great tennis was played by all, and as expected, the result was very close, and unfortunately the Cup was brought back to SCC again.

The Tennis Quadrangular 2010 was organized by the Keppel Club, and we competed for the trophy together with the American Club, the Hollandse Club and of course the Keppel Club.

Fortunately, we were able to close this final event of the year with a great win and brought home the Quadrangular Trophy!

INTER-CLUB FRIENDLIES Throughout the year many friendly matches were organized. Matches played amongst others were: • SICC on 29 March 2009 • Jurong Country Club on 19 May 2009• Keppel Club on 27 June 2009• Singapore Swimming Club on 29 August 2009• NUSS on 12 November 2009• Singapore Cricket Club on 27 February 2010

OVERSEAS TRIPTanglin Club was invited by the Ladies Recreation Club (LRC) of Hong Kong, to a friendly

tennis match on 4 December 2009 - altogether 12 members attended this event. LRC hosted a great event, and as usual there were men’s doubles, ladies doubles and mixed doubles, and was well-organized by their resident tennis pro. We look forward to hosting the Ladies Recreation Club in Singapore sometime in 2010.

Tennis in the Club is in excellent shape with fast growing interest and participation from the members. Tennis coaching, by Ken Smith and his team, has also developed in a major way with revenue to the Club, excluding court fees, of approximately S$90,000 for the year.

Our thanks must go to the Tennis Section members including all tennis players and our juniors for their enthusiasm in supporting all events which were organized by the Tennis Section Sub-Committee, together with our dedicated and hardworking S&R staff, with Ken and his team also helping out with many events.

Finally, I would like to thank the members of the Tennis Section Sub-Committee, not only for their time and support but also their warm fellowship, which makes it all worthwhile and ensures the Tennis Section flourish.

John RasmussenTennis Convenor

TENNISSPORTS SECTION REPORT


GENERAL COMMITTEESTATEMENT BY THE

STATEMENT BY THE GENERAL COMMITTEE TO THE MEMBERS OF THE TANGLIN CLUB

In accordance with a resoluti on of the General Committ ee and in the opinion of the General Committ ee, the fi nancial statements set out on pages 33 to 51 are drawn up so as to present fairly the state of aff airs of the Club as at January 31, 2010, and the results, changes in funds and cash fl ows for the fi nancial year then ended, and at the date of this statement, there are reasonable grounds to believe that the Club will be able to pay its debts when they fall due.

ON BEHALF OF THE GENERAL COMMITTEE

JOSEPH CHEWPresident

March 12, 2010

CHUA TIANG HOOHonorary Treasurer

March 12, 2010

THE TANGLIN CLUB 32

INDEPENDENT AUDITORS’ REPORT TO THE MEMBERS OF THE TANGLIN CLUB

We have audited the fi nancial statements of The Tanglin Club (the “Club”) which comprise the statement of fi nancial positi on as at January 31, 2010, the statement of comprehensive income, statement of changes in funds and statement of cash fl ows for the year then ended, and a summary of signifi cant accounti ng policies and other explanatory notes, as set out on pages 33 to 51.

GENERAL COMMITTEE’S RESPONSIBILITY FOR THE FINANCIAL STATEMENTSThe General Committ ee is responsible for the preparati on and fair presentati on of these fi nancial statements in accordance with Singapore Financial Reporti ng Standards. This responsibility includes: devising and maintaining a system of internal accounti ng controls suffi cient to provide a reasonable assurance that assets are safeguarded against loss from unauthorised use or dispositi on; and transacti ons are properly authorised and that they are recorded as necessary to permit the preparati on of true and fair profi t and loss account and balance sheet and to maintain accountability of assets; selecti ng and applying appropriate accounti ng policies; and making accounti ng esti mates that are reasonable in the circumstances.

AUDITORS’ RESPONSIBILITYOur responsibility is to express an opinion on these fi nancial statements based on our audit. We conducted our audit in accordance with Singapore Standards on Auditi ng. Those standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance whether the fi nancial statements are free from material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the fi nancial statements. The procedures selected depend on the auditor’s judgement, including the assessment of the risks of material misstatement of the fi nancial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the enti ty’s preparati on and fair presentati on of the fi nancial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the eff ecti veness of the enti ty’s internal control. An audit also includes evaluati ng the appropriateness of accounti ng policies used and the reasonableness of accounti ng esti mates made by the General Committ ee, as well as evaluati ng the overall presentati on of the fi nancial statements. We believe that the audit evidence we have obtained is suffi cient and appropriate to provide a basis for our audit opinion.

OPINIONIn our opinion, the fi nancial statements of the Club are properly drawn up in accordance with Singapore Financial Reporti ng Standards so as to give a true and fair view of the state of aff airs of the Club as at January 31, 2010 and of the results, changes in funds and cash fl ows of the Club for the year then ended.

Public Accountants andCerti fi ed Public AccountantsSingaporeMarch 12, 2010

AUDITOR’S REPORT

Deloitte & Touche LLP


FINANCIAL STATEMENTS

STATEMENT OF FINANCIAL POSITIONJANUARY 31, 2010 Note 2010 2009 $ $ASSETS

Current assetsCash and bank balances 5 14,320,591 9,923,710Members’ accounts 6 4,955,737 5,218,286Other receivables 7 898,858 669,562Inventories 8 255,535 251,236Total current assets 20,430,721 16,062,794

Non-current assetsProperty, plant and equipment 9 35,752,528 37,310,787Held-to-maturity investments 10 10,307,297 10,495,244Total non-current assets 46,059,825 47,806,031

Total assets 66,490,546 63,868,825

LIABILITIES

Current liabiliti esTrade and other payables 11 4,474,204 5,412,169Members’ advance payments and deposits 12 1,296,209 1,273,876Subscripti on charged in advance 1,103,907 1,041,867Income tax payable 207,000 122,682Total current liabiliti es 7,081,320 7,850,594

Funds and reservesAccumulated special fund (jackpot machines) 13 15,889,230 14,944,640Accumulated operati ng fund 14 31,261,996 28,815,591Property revaluati on reserve 15 2,258,000 2,258,000Special reserve 16 10,000,000 10,000,000Total funds and reserves 59,409,226 56,018,231

Total liabiliti es, funds and reserves 66,490,546 63,868,825

See accompanying notes to fi nancial statements.

JOSEPH CHEWPresident

March 12, 2010

CHUA TIANG HOOHonorary Treasurer

March 12, 2010

THE TANGLIN CLUB 34


STATEMENT OF COMPREHENSIVE INCOMEYEAR ENDED JANUARY 31, 2010 Note 2010 2009

$ $

Operati ng revenue

Guest room rental 1,218,846 1,260,629

Subscripti ons fees 7,629,584 6,796,887

Food and beverage sales 8,917,914 8,278,441

Jackpot collecti ons 1,372,020 1,214,865

Sports and recreati on 325,533 279,013

Miscellaneous 374,808 354,353

Total operati ng revenue 19,838,705 18,184,188

Less: Operati ng expenditure

Cost of food and beverage sales (3,982,923) (3,643,936)

Staff and related costs 17 (8,134,667) (9,148,227)

Other operati ng costs 18 (4,461,059) (4,003,652)

Water and electricity (1,991,114) (1,879,130)

Depreciati on (2,122,432) (1,981,751)

Property tax (161,450) (268,890)

Total operati ng expenditure (20,853,645) (20,925,586)

Operati ng defi cit (1,014,940) (2,741,398)

Add: Other operati ng income

Entrance fees 3,940,666 6,970,000

Investment income 19 554,726 231,433

4,495,392 7,201,433

Surplus for the year before tax 3,480,452 4,460,035

Less: Income tax (expense) benefi t 20 (89,457) 10,697

Surplus for the year aft er tax 3,390,995 4,470,732

Other comprehensive income for the year, net of tax - -

Total comprehensive income for the year 3,390,995 4,470,732



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THE TANGLIN CLUB 36


STATEMENT OF CASH FLOWSYEAR ENDED JANUARY 31, 2010 2010 2009 $ $Operati ng acti viti es Surplus before taxati on 3,480,452 4,460,035 Adjustments for: (Writeback) Allowance for doubtf ul debts (22,458) 23,577 Depreciati on of property, plant and equipment 2,122,432 1,981,751 Gain on disposal of property, plant and equipment (18,613) (17,076) Interest income (554,726) (231,433) Operati ng cash fl ows before movements in working capital 5,007,087 6,216,854

Members’ accounts 285,007 (1,738,212) Inventories (4,299) 12,223 Other receivables (30,005) (135,020) Trade and other payables (1,058,431) 400,286 Members’ advance payments and deposits 22,333 89,489 Subscripti on charged in advance 62,040 170,376 Cash generated from operati ons 4,283,732 5,015,996

Income tax paid (5,139) (93,096)Net cash from operati ng acti viti es 4,278,593 4,922,900

Investi ng acti viti es Purchase of property, plant and equipment (588,595) (6,631,479) Proceeds from disposal of property, plant and equipment 43,035 28,925 Interest received 543,382 642,240Net cash used in investi ng acti viti es (2,178) (5,960,314)

Net increase (decrease) in cash and cash equivalents 4,276,415 (1,037,414)Cash and cash equivalents at beginning of year 9,821,353 10,858,767Cash and cash equivalents at end of year (Note A) 14,097,768 9,821,353

Note A

Cash and bank balances (Note 5) 14,320,591 9,923,710Less: Funds held as custodian (Note 5) (222,823) (102,357) 14,097,768 9,821,353




NOTES TO FINANCIAL STATEMENTSJANUARY 31, 2010

1 GENERAL The Club is registered under the Societi es Act with its principal place of business and registered offi ce at 5 Stevens Road, Singapore 257814. The fi nancial statements are expressed in Singapore dollars.

The principal acti viti es of the Club are to provide social and recreati onal ameniti es for its members.

The fi nancial statements of the Club for the year ended January 31, 2010 were authorised for issue by the General Committ ee on March 12, 2010.

2 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES BASIS OF ACCOUNTING - The fi nancial statements have been prepared in accordance with the historical cost basis, except as disclosed in the accounti ng policies below, and are drawn up in accordance with the Singapore Financial Reporti ng Standards (“FRS”).

ADOPTION OF NEW AND REVISED STANDARDS - In the current fi nancial year, the Club has adopted all the new and revised FRSs and Interpretati ons of FRS (“INT FRSs”) that are relevant to its operati ons and eff ecti ve for annual periods beginning on or aft er February 1, 2009. The adopti on of these new/revised FRSs and INT FRSs does not result in changes to the Club’s accounti ng policies and has no material eff ect on the amounts reported for the current and prior years except as disclosed below.

FRS 1 – Presentati on of Financial Statements (Revised)

FRS 1 (2008) has introduced terminology changes (including revised ti tles for the fi nancial statements) and changes in the format and content of the fi nancial statements. In additi on, the revised standard requires the presentati on of a third statement of fi nancial positi on at the beginning of the earliest comparati ve period presented if the enti ty applies new accounti ng policies retrospecti vely or makes retrospecti ve restatements or reclassifi es items in the fi nancial statements. At the date of authorisati on of these fi nancial statements, the General Committ ee of the Club anti cipates that the adopti on of the other FRSs, INT FRSs and amendments to FRS that were issued but eff ecti ve only in future periods will not have a material impact on the fi nancial statements of the Club in the period of their initi al adopti on.

FINANCIAL INSTRUMENTS - Financial assets and fi nancial liabiliti es are recognised on the Club’s statement of fi nancial positi on when the Club becomes a party to the contractual provisions of the instrument.

Eff ecti ve interest method The eff ecti ve interest method is a method of calculati ng the amorti sed cost of a fi nancial instrument and of allocati ng interest income or expense over the relevant period. The eff ecti ve interest rate is the rate that exactly discounts esti mated future cash receipts or payments through the expected life of the fi nancial instrument, or where appropriate, a shorter period. Income and expense is recognised on an eff ecti ve interest rate basis for debt instruments other than those fi nancial instruments “at fair value through profi t or loss”.

Financial assets Investments are recognised and de-recognised on a trade date where the purchase or sale of an investment is under a contract whose terms require delivery of the investment within the ti meframe established by the market concerned, and are initi ally measured at fair value, net of transacti on costs except for those fi nancial assets classifi ed as at fair value through profi t or loss which are initi ally measured at fair value.

THE TANGLIN CLUB 38

Other fi nancial assets are classifi ed into the following specifi ed categories: fi nancial assets “at fair value through profi t or loss”, “held-to-maturity investments”, and “loans and receivables”. The classifi cati on depends on the nature and purpose of fi nancial assets and is determined at the ti me of initi al recogniti on.

Held-to-maturity investments Bonds with fi xed or determinable payments and fi xed maturity dates where the Club has a positi ve intent and ability to hold to maturity are classifi ed as held-to-maturity investments. Held-to-maturity investments are recorded at amorti sed cost using the eff ecti ve interest method less impairment, with revenue recognised on an eff ecti ve yield basis.

Loans and receivables Members’ account and other receivables which have fi xed or determinable payments that are not quoted in an acti ve market are classifi ed as “loans and receivables”. Loans and receivables are measured at amorti sed cost using the eff ecti ve interest method less impairment. Interest is recognised by applying the eff ecti ve interest method, except for short-term receivables when the recogniti on of interest would be immaterial. Impairment of fi nancial assets Financial assets, other than those at fair value through profi t or loss, are assessed for indicators of impairment at the end of each reporti ng period. Financial assets are impaired where there is objecti ve evidence that, as a result of one or more events that occurred aft er the initi al recogniti on of the fi nancial asset, the esti mated future cash fl ows of the investment have been impacted.

For all fi nancial assets, objecti ve evidence of impairment could include: • signifi cant fi nancial diffi culty of the issuer or counterparty; or • default or delinquency in interest or principal payments; or • it becoming probable that the borrower will enter bankruptcy or fi nancial re-organisati on

For certain categories of fi nancial assets, such as trade receivables, assets that are assessed not to be impaired individually are, in additi on, assessed for impairment on a collecti ve basis. Objecti ve evidence of impairment for a portf olio of receivables could include the Club’s past experience of collecti ng payments, an increase in the number of delayed payments in the portf olio past the average credit period of 45 days, as well as observable changes in nati onal or local economic conditi ons that correlate with default on receivables.

For fi nancial assets carried at amorti sed cost, the amount of the impairment is the diff erence between the asset’s carrying amount and the present value of esti mated future cash fl ows, discounted at the original eff ecti ve interest rate.

The carrying amount of the fi nancial asset is reduced by the impairment loss directly for all fi nancial assets with the excepti on of receivables where the carrying amount is reduced through the use of an allowance account. When a receivable is uncollecti ble, it is writt en off against the allowance account. Subsequent recoveries of amounts previously writt en off are credited against the allowance account. Changes in the carrying amount of the allowance account are recognised in profi t or loss.

Cash and cash equivalents Cash and cash equivalents comprise cash on hand and demand deposits and other short-term highly liquid investments that are readily converti ble to a known amount of cash and are subject to an insignifi cant risk of changes in value.

Derecogniti on of fi nancial assets The Club derecognises a fi nancial asset only when the contractual rights to the cash fl ows from the asset expire, or it transfers the fi nancial asset and substanti ally all the risks and rewards of ownership of the asset to another enti ty. If the Club neither transfers nor retains substanti ally all the risks and rewards of ownership and conti nues to control the transferred asset, the Club recognises its retained interest in the asset and an associated liability for amounts it may have to pay. If the Club retains substanti ally all the risks and rewards of ownership of a transferred fi nancial asset, the Club conti nues to recognise the fi nancial asset and also recognises a collateralised borrowing for the proceeds received.



Financial liabiliti es Financial liabiliti es are recognised when the Club becomes a party to the contractual agreements of the instrument.

The Club’s fi nancial liabiliti es include members’ deposits and trade and other payables.

Payables, which represent the fair value of considerati on for goods and services to be paid in the future, whether or not billed to the Club, are recognised initi ally at their fair value and subsequently measured at amorti sed cost, using the eff ecti ve interest method, except for short-term payables, where the recogniti on of interest would be immaterial.

Derecogniti on of fi nancial liabiliti es The Club derecognises fi nancial liabiliti es when, and only when, the Club’s obligati ons are discharged, cancelled or they expire.

INVENTORIES - Inventories are stated at the lower of cost and net realisable value. Cost is calculated using the fi rst in fi rst out basis. Net realisable value represents the esti mated selling price less all esti mated costs of completi on and costs to be incurred in marketi ng, selling and distributi on. Inventories comprise of mainly beverages and food stuff .

LEASES - Leases are classifi ed as fi nance leases whenever the terms of the lease transfer substanti ally all the risks and rewards of ownership to the lessee. All other leases are classifi ed as operati ng leases.

The Club as lessee Rentals payable under operati ng leases are charged to profi t or loss on a straight-line basis over the term of the relevant lease unless another systemati c basis is more representati ve of the ti me patt ern in which economic benefi ts from the leased asset are consumed. Conti ngent rentals arising under operati ng leases are recognised as an expense in the period in which they are incurred.

In the event that lease incenti ves are received to enter into operati ng leases, such incenti ves are recognised as a liability. The aggregate benefi t of incenti ves is recognised as a reducti on of rental expense on a straight-line basis, except where another systemati c basis is more representati ve of the ti me patt ern in which economic benefi ts from the leased asset are consumed.

The Club as lessor Rental income from operati ng leases is recognised on a straight-line basis over the term of the relevant lease unless another systemati c basis is more representati ve of the ti me patt ern in which use benefi t derived from the leased asset is diminished. Initi al direct costs incurred in negoti ati ng and arranging an operati ng lease are added to the carrying amount of the leased asset and recognised on a straight-line basis over the lease term. PROPERTY, PLANT AND EQUIPMENT - Property, plant and equipment are stated at cost less accumulated depreciati on and any accumulated impairment losses.

The initi al cost of property, plant and equipment comprises its purchase price, including import duti es and non- refundable purchase taxes and any directly att ributable costs of bringing the asset to its working conditi on and locati on for its intended use. Any trade discounts and rebates are deducted in arriving at the purchase price.

Dismantlement, removal or restorati on costs are included as part of the cost of property, plant and equipment if the obligati on for dismantlement, removal or restorati on is incurred as a consequence of acquiring or using the asset. Depreciati on is computed uti lising the straight-line method to write-off the cost of these assets over their esti mated useful lives as follows: Buildings - 50 years or over the remaining useful lives Furniture, fi xtures and equipment - 3 to 10 years

No depreciati on is provided on freehold land.


THE TANGLIN CLUB 40

The esti mated useful life and depreciati on method are reviewed at each year end to ensure that the method and period of depreciati on are consistent with the expected patt ern of economic benefi ts from fi xed assets. The eff ect of any changes in esti mate is accounted for on a prospecti ve basis. Constructi on-in-progress is stated at cost. The accumulated costs will be reclassifi ed to the appropriate property, plant and equipment account when the constructi on is substanti ally completed and the asset is ready for its intended use.

For acquisiti ons and disposals during the fi nancial year, depreciati on is provided from the month of acquisiti on to the month before disposal respecti vely. Fully depreciated assets sti ll in use are retained in the fi nancial statements.

An item of property, plant and equipment is derecognised upon disposal or when no future economic benefi ts are expected from its use or disposal.

The gain or loss arising on the disposal or reti rement of an asset is determined as the diff erence between the sales proceeds and the carrying amounts of the asset and is recognised in profi t or loss.

IMPAIRMENT OF ASSETS - At the end of each reporti ng period, the Club reviews the carrying amounts of its non fi nancial assets to determine whether there is any indicati on that those assets have suff ered an impairment loss. If any such indicati on exists, the recoverable amount of the asset is esti mated in order to determine the extent of the impairment loss (if any). Where it is not possible to esti mate the recoverable amount of an individual asset, the Club esti mates the recoverable amount of the cash-generati ng unit to which the asset belongs.

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the esti mated future cash fl ows are discounted to their present value using a pre-tax discount rate that refl ects current market assessments of the ti me value of money and the risks specifi c to the asset.

If the recoverable amount of an asset (cash-generati ng unit) is esti mated to be less than its carrying amount, the carrying amount of the asset is reduced to its recoverable amount. An impairment loss is recognised immediately in profi t or loss.

Where an impairment loss subsequently reverses, the carrying amount of the asset (cash-generati ng unit) is increased to the revised esti mate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is recognised immediately in profi t or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluati on increase.

PROVISIONS - Provisions are recognised when the Club has a present obligati on (legal or constructi ve) as a result of a past event, it is probable that the Club will be required to sett le the obligati on, and a reliable esti mate can be made of the amount of the obligati on.

The amount recognised as a provision is the best esti mate of the considerati on required to sett le the present obligati on at the end of the reporti ng period, taking into account the risks and uncertainti es surrounding the obligati on. Where a provision is measured using the cash fl ows esti mated to sett le the present obligati on, its carrying amount is the present value of those cash fl ows.

When some or all of the economic benefi ts required to sett le a provision are expected to be recovered from a third party, the receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

REVENUE RECOGNITION - Revenue includes bar sales, restaurant sales, revenue from jackpot machines, guest room rentals, and sports and other revenue.

Revenue is recognised when the signifi cant risks and rewards of ownership have been transferred to the members and the amount of revenue and the costs of the transacti on can be measured reliably. Revenue excludes goods and services taxes and is arrived at aft er deducti on of trade discounts. No revenue is recognised if there are signifi cant uncertainti es regarding recovery of the considerati on due, associated costs or the possible returns of subscripti on fees.



The basis of recogniti on of revenue is as follows: (i) Entrance fees Entrance fees are recognised as revenue on an accrual basis when the membership applicati ons are approved. The payments made for membership buy-backs is off set against entrance fee in the period of the buy-back.

Under a Limited Buy-Back Scheme, the Club may buy back the membership from a Life or Ordinary member for a sum of $10,000 or 50% of the prevailing entrance fee, whichever is greater. With eff ect from August 1, 2008, the sum payable has been increased to $15,000 or 50% of the prevailing entrance fee, whichever is greater.

(ii) Subscripti on fees Subscripti on fees are recognised as revenue when they are billed. (a) Subscripti on fees billed to Permanent Absent Members Subscripti on fees are billed to the Permanent Absent Members for whom the Club has a current address.

(b) Subscripti on fees from Term Members Term members are billed on an annual basis and the Term Membership ceases at the end of term.

(iii) Jackpot revenue Jackpot revenue is recognised based on gross receipts less the relevant government taxes, payment of winnings and capital refi lls.

(iv) Interest income from long-term investments is accounted for on a ti me-apporti oned basis.

(v) All other income is recognised as revenue on an accrual basis in profi t or loss.

RETIREMENT BENEFIT COSTS - Payments to defi ned contributi on reti rement benefi t plans are charged as an expense as they fall due. Payments made to state-managed reti rement benefi t schemes, such as the Singapore Central Provident Fund, are dealt with as payments to defi ned contributi on plans where the Club’s obligati ons under the plans are equivalent to those arising in a defi ned contributi on reti rement benefi t plan.

EMPLOYEE LEAVE ENTITLEMENT - Employee enti tlements to annual leave are recognised when they accrue to employees. A provision is made for the esti mated liability for annual leave as a result of services rendered by employees up to the end of the reporti ng period.

INCOME TAX - Income tax expense represents the sum of the tax currently payable.

The tax currently payable is based on taxable profi t for the year. Taxable profi t diff ers from surplus as reported in profi t or loss because it excludes items of income or expense that are taxable or deducti ble in other years and it further excludes items that are not taxable or tax deducti ble. The Club’s liability for current tax is calculated using tax rates (and tax laws) that have been enacted or substanti vely enacted by the end of the reporti ng period.

Deferred tax is recognised on diff erences between the carrying amounts of assets and liabiliti es in the fi nancial statements and the corresponding tax bases used in the computati on of taxable profi t, and is accounted for using the balance sheet liability method. Deferred tax liabiliti es are generally recognised for all taxable temporary diff erences and deferred tax assets are recognised to the extent that it is probable that taxable profi ts will be available against which deducti ble temporary diff erences can be uti lised.

The carrying amount of deferred tax assets is reviewed at the end of each reporti ng period and reduced to the extent that it is no longer probable that suffi cient taxable profi ts will be available to allow all or part of the asset to be recovered.

Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is sett led or the asset realised. Deferred tax is charged or credited to profi t or loss.

Deferred tax assets and liabiliti es are off set when there is a legally enforceable right to set off current tax assets against current tax liabiliti es and when they relate to income taxes levied by the same taxati on authority and the Club intends to sett le its current tax assets and liabiliti es on a net basis.


THE TANGLIN CLUB 42


Current and deferred taxes are recognised as an expense or income in the profi t or loss.

FOREIGN CURRENCY TRANSACTIONS - The Club’s fi nancial statements are measured and presented in Singapore dollars, which is the currency of the primary economic environment in which the Club operates (its functi onal currency).

In preparing the fi nancial statements of the Club, transacti ons in currencies other than the Club’s functi onal currency are recorded at the rate of exchange prevailing on the date of the transacti on. At the end of each reporti ng period, monetary items denominated in foreign currencies are retranslated at the rates prevailing at the end of the reporti ng period. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rates prevailing on the date when the fair value was determined. Non-monetary items that are measured in terms of historical cost in a foreign currency are not retranslated.

Exchange diff erences arising on the sett lement of monetary items, and on retranslati on of monetary items are included in profi t or loss for the period.

3 CRITICAL ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY (a) Criti cal judgements in applying the Club’s accounti ng policies In the applicati on of the Club’s accounti ng policies, which are described in Note 2, the General Committ ee is required to make judgements, esti mates and assumpti ons about the carrying amounts of assets and liabiliti es that are not readily apparent from other sources. The esti mates and associated assumpti ons are based on historical experience and other factors that are considered to be relevant. Actual results may diff er from these esti mates.

The esti mates and underlying assumpti ons are reviewed on an ongoing basis. Revisions to accounti ng esti mates are recognised in the period in which the esti mate is revised if the revision aff ects only that period, or in the period of the revision and future periods if the revision aff ects both current and future periods.

(b) Key sources of esti mati on uncertainty The key assumpti ons concerning the future, and other key sources of esti mati on uncertainty at the end of the reporti ng period, that have a signifi cant risk of causing a material adjustment to the carrying amounts of assets and liabiliti es within the next fi nancial year, are discussed below.

Useful lives of property, plant and equipment Property, plant and equipment are depreciated on a straight-line basis over their esti mated useful lives. The General Committ ee esti mates the useful lives of these property, plant and equipment to be within 3 to 50 years. The carrying amount of the Club’s property, plant and equipment at January 31, 2010 was $35,752,528 (2009 : $37,310,787). Changes in the expected level of usage could impact the economic useful lives and the residual values of these assets and therefore future depreciati on charges could be revised.

Allowance for doubtf ul debts Allowance for doubtf ul debts are made in the fi nancial statements based on management’s best esti mate of the carrying amount of receivables that are doubtf ul of collecti on aft er evaluati on of collectability. Management’s judgement is required in assessing the ulti mate realisati on of these receivables including the current creditworthiness and the past collecti on history of each member. Where the expectati on is diff erent from the original esti mate, such diff erence will impact the carrying value of the members’ account and other receivables and doubtf ul debts expense in the period in which such esti mate has been changed. The carrying amounts of the members’ account and other receivables at January 31, 2010 were $4,955,737 and $898,858 (2009 : $5,218,286 and $669,562) respecti vely.



4 FINANCIAL INSTRUMENTS, FINANCIAL RISKS AND CAPITAL RISKS MANAGEMENT (a) Categories of fi nancial instruments The following table sets out the fi nancial instruments as at the end of the reporti ng period. 2010 2009 $ $ Financial assets Held to maturity investment 10,307,297 10,495,244 Loan and receivables: Members’ accounts 4,955,737 5,218,286 Other receivables 717,689 505,210 Cash and cash equivalent 14,097,768 9,821,353

2010 2009 $ $ Financial liabiliti es Amorti sed cost: Members’ deposits 1,296,209 1,273,876 Trade and other payables 4,474,204 5,412,169

(b) Financial risk management policies and objecti ves The Club’s overall fi nancial risk management programme seeks to minimise potenti al adverse eff ects of the fi nancial performance of the Club.

There has been no signifi cant change to the manner in which it manages and measures the risk.

(i) Foreign exchange risk management The Club’s transacti ons are largely denominated in Singapore dollars and has limited exposure to foreign exchange risk. Accordingly, no sensiti vity analysis is prepared as the Club does not expect any material eff ect on the Club’s profi t or loss arising from the eff ects of reasonably possible changes to foreign currency exchange rates.

(ii) Interest rate risk management The Club’s exposure to changes in interest risk relates primarily to the short-term fi xed deposits with bank and held-to-maturity investments. The interest rates for fi xed deposits and fi xed coupon rates are disclosed in Notes 5 and 10 to the fi nancial statements respecti vely.

No sensiti vity analysis is prepared as the Club does not expect any material eff ect on the Club’s profi t or loss arising from the eff ects of reasonably possible changes to interest rates on interest bearing fi nancial instruments at the end of the reporti ng period.

(iii) Credit risk management The Club’s principal fi nancial assets are cash and bank balances, members’ account and other receivables.

The carrying amount of fi nancial assets recorded in the fi nancial statements represents the Club’s maximum exposure to credit risk.

Further details of credit risks on members accounts are disclosed in Note 6.

Cash and fi xed deposits are placed with creditworthy banks and fi nancial insti tuti ons which are regulated. (iv) Liquidity risk management The Club maintains suffi cient cash and cash equivalents and internally generated cash fl ows to fi nance their acti viti es.

The Club ensures that there are adequate funds to meet all its obligati ons in a ti mely and cost-eff ecti ve manner.

THE TANGLIN CLUB 44

(v) Fair value of fi nancial assets and fi nancial liabiliti es The carrying amounts of cash and cash equivalents, amount due from members and other current receivables and payables, provisions and other liabiliti es approximate their respecti ve fair values due to the relati vely short- term maturity of these fi nancial instruments. The fair values of other classes of fi nancial assets and liabiliti es are disclosed in the respecti ve notes to fi nancial statements.

(c) Capital risk management policies and objecti ves The Club reviews its capital structure at least annually to ensure that the Club will be able to conti nue as a going concern. The capital structure of the Club comprises only of funds and reserves. The Club’s overall strategy remains unchanged from 2009.

5 CASH AND BANK BALANCES 2010 2009 $ $

Fixed deposits 8,661,409 7,308,504 Cash at bank 5,470,159 2,393,796 Cash on hand 189,023 221,410 14,320,591 9,923,710

Bank balances and cash comprise cash held by the Club and short-term bank deposits with an original maturity of 1 month or less. The carrying amounts of these assets approximate their fair values.

Fixed deposits bear average eff ecti ve interest rate of 0.5% (2009 : 1.5%) per annum and for a tenure of approximately 90 days (2009 : 90 days).

Bank balances of $222,823 (2009 : $102,357) relate to funds which the Club held as custodian for members from the various interest groups. The corresponding liability is recorded in trade and other payables (Note 11).

Signifi cant cash and bank balances that are not denominated in the functi onal currency of the Club are as follows:

2010 2009 $ $ Denominated in: Great Britain pound 93,893 60,566

6 MEMBERS’ ACCOUNTS 2010 2009 $ $

Members’ accounts 2,409,125 2,344,549 Entrance fees receivable from members 2,552,500 2,920,000 4,961,625 5,264,549 Allowance for doubtf ul debts (5,888) (46,263) 4,955,737 5,218,286

The average credit period is 45 days (2009 : 45 days). A penalty charge of $50 is payable on overdue balances.

Members’ accounts balance with a carrying amount of $48,502 (2009 : $18,525) are past due but not impaired as these are recoverable due to their current creditworthiness and past collecti ons history of members.

The Club has fully provided for members’ accounts which are impaired.



Movement in the allowance for doubtf ul debts: 2010 2009 $ $

Balance at beginning of the year 46,263 22,686 (Credit) Charge to profi t or loss (22,458) 23,577 Amount writt en off (17,917) - Balance at end of the year 5,888 46,263

7 OTHER RECEIVABLES 2010 2009 $ $

Interest receivable 209,452 10,161 Prepayments 181,169 164,352 Deposits 239,040 244,920 Other receivables 269,197 250,129 898,858 669,562

8 INVENTORIES 2010 2009 $ $

Food and beverages 219,040 206,688 Cigarett es 11,164 10,187 Others 25,331 34,361 255,535 251,236


THE TANGLIN CLUB 46

9 PROPERTY, PLANT AND EQUIPMENT Furniture, Freehold fi xtures and Constructi on- Land Buildings equipment in-progress Total $ $ $ $ $ Cost or valuati on: At February 1, 2008 2,458,000 21,211,317 10,663,327 16,223,239 50,555,883 Transfers - 18,949,894 2,977,874 (21,927,768) - Additi ons - - 926,950 5,704,529 6,631,479 Disposals - - (265,731) - (265,731) At January 31, 2009 2,458,000 40,161,211 14,302,420 - 56,921,631 Transfers - - - - - Additi ons - 100,189 432,932 55,474 585,595 Disposals - - (104,556) - (104,556) At January 31, 2010 2,458,000 40,261,400 14,630,796 55,474 57,405,670

Accumulated depreciati on: At February 1, 2008 - 9,041,758 8,841,217 - 17,882,975 Charge for the year - 949,340 1,032,411 - 1,981,751 Disposals - - (253,882) - (253,882) At January 31, 2009 - 9,991,098 9,619,746 - 19,610,844 Charge for the year - 960,618 1,161,814 - 2,122,432 Disposals - - (80,134) - (80,134) At January 31, 2010 - 10,951,716 10,701,426 - 21,653,142

Carrying amount: January 31, 2010: Cost - 29,309,684 3,929,370 55,474 33,294,528 Valuati on* 2,458,000 - - - 2,458,000 2,458,000 29,309,684 3,929,370 55,474 35,752,528

January 31, 2009: Cost - 30,170,113 4,682,674 - 34,852,787 Valuati on* 2,458,000 - - - 2,458,000 2,458,000 30,170,113 4,682,674 - 37,310,787

* The freehold land was stated at valuati on based on an independent appraisal made in 1970. No regular revaluati on has been performed for the freehold land as the freehold land is exempted from revaluati on in accordance with FRS 16 Property, Plant and Equipment.



10 HELD-TO-MATURITY INVESTMENTS 2010 2009 $ $

Quoted bonds, at amorti sed cost 10,307,297 10,495,244

The fair value of the quoted bonds is $10,423,000 (2009 : $10,099,000) and are determined using the last transacted bid prices on the stock exchange on the last day of the fi nancial year.

The quoted bonds have a fi xed coupon rate of 5% (2009 : 5%) per annum. The average eff ecti ve interest rate is 2.8% to 3.2% (2009 : 2.8% to 3.2%) per annum. Interest income is received on a 6-monthly basis. These quoted bonds mature in September 2011.

11 TRADE AND OTHER PAYABLES 2010 2009 $ $

Trade payables 1,245,852 1,046,486 Other payables 618,394 589,718 Amount payable to contractors 774,202 2,153,526 Amount held as custodian for members from the interest groups (Note 5) 222,823 102,357 Staff benefi ts 764,630 1,232,690 Accruals 848,303 287,392 4,474,204 5,412,169

The average credit period on purchase of goods is 30 days (2009 : 30 days).

12 MEMBERS’ ADVANCE PAYMENTS AND DEPOSITS 2010 2009 $ $

Members’ advance payments 160,659 171,196 Members’ deposits 1,135,550 1,102,680 1,296,209 1,273,876

13 ACCUMULATED SPECIAL FUND (JACKPOT MACHINES) In accordance with Club Rule 2005 Secti on 46(ii), on dissoluti on of the Club, any accumulated surplus arising from Jackpot machines not used for the Club’s normal yearly operati ng expenses would be distributed to recognised charitable organisati ons in Singapore and not be available for distributi on to the Club members. The accumulated special fund represents the accumulated surplus from Jackpot machines. 2010 2009 $ $

Balance at beginning of year 14,944,640 14,160,041 Transfer from accumulated operati ng fund (Note 14) 944,590 784,599 Balance at end of year 15,889,230 14,944,640


THE TANGLIN CLUB 48

14 ACCUMULATED OPERATING FUND 2010 2009 $ $

Balance at beginning of year 28,815,591 25,129,458 Surplus for the year 3,390,995 4,470,732 Transfer to accumulated special fund (Note 13) (944,590) (784,599) Balance at end of year 31,261,996 28,815,591

In the event of the Club being dissolved, all debts and liabiliti es legally incurred on behalf of the Club shall be fully discharged. Thereaft er, the Club shall distribute the accumulated surpluses in compliance with the Club Rule 2005 Secti on 46(ii). The transfer to accumulated special fund represents net jackpot collecti ons of $1,372,020 (2009 : $1,214,865) less related expenses of $427,430 (2009 : $430,266).

15 PROPERTY REVALUATION RESERVE The property revaluati on reserve represents the excess of a 1970 valuati on of the freehold land over its book value at that date.

16 SPECIAL RESERVE A special reserve was set up in 2005 fi nancial year by a transfer of $10 million from the accumulated operati ng fund as mandated by members at a special general meeti ng held on March 22, 2004, whereby at any ti me, the Club’s special reserve should not fall below $10 million at the commencement and for the durati on of each phase of masterplan development without the membership’s approval of a recovery plan. This reserve is represented by quoted bonds in Note 10.

17 STAFF AND RELATED EXPENSES 2010 2009 $ $ Key management personnel: Salaries and related expenses 679,359 791,595 CPF contributi ons 51,666 78,386 Other than key management personnel: Salaries and related expenses 6,413,428 7,122,441 CPF contributi ons 508,118 643,776 Incenti ve allowance 7,986 6,905 Staff free meals 147,022 147,788 Medical expenses 85,563 103,829 Uniforms 18,197 46,614 Skills Development Fund levy 18,130 21,477 Other staff cost 205,198 185,416 8,134,667 9,148,227



18 OTHER OPERATING COSTS 2010 2009 $ $ Entertainment, Special Events and Music Band contract and expenses 77,714 81,309 Special events 157,463 212,175

Food and Beverage Food and beverage related overheads 428,532 433,924

Cinema Cinema and related expenses 303,460 260,607

Library and Reading Room Library books 33,869 35,846 Newspaper and periodicals 60,919 27,961

Sports and Recreati on Sports matches and supplies 146,327 99,364

Jackpot Complimentary snacks 20,354 19,878 Faciliti es Repairs and renewals of building and equipment 768,436 582,328

Support Centres and Cross Unit Expenses General expenses 275,407 334,782 Auditors’ remunerati on: - current year 127,016 100,275 - prior year - 30,278 Professional charges 263,337 78,779 Contract outsource - security and cleaning services 652,614 586,888 Outsource and contract labour cost 69,072 58,746 Computer services 95,118 70,711 Insurance 153,553 85,121 Printi ng and stati onery 169,702 154,091 Postage and telephone 87,572 97,928 Club adverti sing 55,995 62,728 Laundry and dry cleaning 185,574 172,632 Transport 56,953 45,349 Allowance for doubtf ul debts (22,458) 23,577 Gain on disposal of property, plant and equipment 18,613 (17,076) In house event expenses 77,156 95,384 DVD 23,361 18,082 Miscellaneous expenses 149,900 228,312 Lease rental 25,500 23,673 4,461,059 4,003,652


THE TANGLIN CLUB 50

19 INVESTMENT INCOME 2010 2009 $ $

Net interest income from held-to-maturity investments 513,423 117,502 Interest income from banks 41,303 113,931 554,726 231,433

20 INCOME TAX (BENEFIT) EXPENSE 2010 2009 $ $

Current taxati on 104,319 102,683 Overprovision in prior year (14,862) (113,380) 89,457 (10,697)

Domesti c income tax is calculated at 17% (2009 : 17%) of the esti mated assessable profi t for the year.

The total (credit) charge for the year can be reconciled to the accounti ng surplus as follows:

2010 2009 $ $

Surplus for the year before tax 3,480,452 4,460,035

Tax expense at income tax rate 591,677 758,206 Tax eff ect on income exempted from tax (487,358) (655,523) Overprovision in prior year (14,862) (113,380) 89,457 (10,697)

Secti on 11(1) of the Income Tax Act Chapter 134 states that if more than 50% of the Club’s gross takings are from its members, the Club is exempted from income tax. The income tax expense in 2010 and 2009 relate to the income tax payable on income received by the Club which is not related to the acti viti es of the Club.

21 COMMITMENTS AND CONTINGENCIES 2010 2009 $ $

Committ ed capital expenditure 202,910 - Capital expenditure approved but not contracted for 14,310 525,180 Bankers’ guarantees in lieu of deposits 280,560 280,560



22 OPERATING LEASE COMMITMENTS (NON-CANCELLABLE)

The Club as lessee

Payment recognised as an expense during the year: 2010 2009 $ $

Minimum lease payments under operati ng leases 25,500 23,673

At the end of the reporti ng period, the Club was committ ed to making the following lease rental payments under non-cancellable operati ng lease for offi ce equipment with a term of:

2010 2009 $ $

Within one year 25,500 25,500 In the second to fi ft h years inclusive 48,875 74,375 74,375 99,875

Operati ng lease payments represent rentals payable on the Club’s offi ce equipment. Leases are negoti ated for an average of three years.

The Club as lessor

The Club rents outs its premises and generated rental income of $151,752 (2009 : $90,042) during the year.

At the end of the reporti ng period, the Club has contracted with tenant for the following future minimum lease payments: 2010 2009 $ $

Within one year 107,700 269,200 In the second to fi ft h years inclusive 906,200 1,230,600 1,013,900 1,499,800

The Club’s lease commitments above are based on the agreed monthly rates. However, based on the terms of the agreements, the tenant shall pay rental based on the higher of percentage of monthly total revenue or the agreed monthly rates.

The Club has committ ed tenants for the next 3 years.

23 SUBSEQUENT EVENT

A special general meeti ng was held on February 8, 2010 to approve the budget of $3.5 million for upgrading of the Club’s premises.


THE TANGLIN CLUB

ANNUAL GENERAL MEETINGNOTICE OF

52

Notice is hereby given that the Annual General Meeting of the Members of The Tanglin Club will be held at theClubhouse on Monday 26 April 2010 at 6.00 pm.

Business

1. To receive the Report of the Committee on the general affairs of the Club in respect of the previous year.

2. To receive and approve a Financial Statement made up to the preceding 31st January.

3. To receive an income and capital expenditure budget for the coming year.

4. To appoint Auditors for the ensuing year.

5. 5.1 Introduction of Candidates for Election. 5.2 To elect President, Vice President, Honorary Treasurer and eight Members of the Committee for the ensuing year.

6. To approve in accordance with Rule 4(v) expenditure not to exceed $1.6M for a complete Guest Rooms renovation including its corridors, new energy saving air-condition and M&E works.

7. To approve in accordance with Rule 4(v) expenditure not to exceed $500,000 for Energy Efficiency improvement works based on Energy Audit recommendation.

8. To consider changes to the Club’s Rules, due notice of which has been given to Members under Rule 2(iii) of the Rules of the Club.

9. To deal with any other business brought before the meeting in accordance with Rule 33(iii)(a)(f) of the Rules of the Club.

By Order of the General Committee

HERBERT HOFERGeneral Manager26 March 2010

NOTE:Please note that registration will commence at 5pm in the Deli Lounge on 26 April 2010 and will finish at the conclusion of the Annual General Meeting (‘AGM’). When voting by secret ballot, each member must use the appropriate ballot paper provided at registration.

Voting for the election of a new Committee will commence two hours after the AGM has been declared open and for this purpose ballot boxes shall remain opened until 0100 hours on 27 April 2010 and shall be reopened at 0900 hours on 27 April 2010 and finally closed at 1800 hours later that evening. Counting of votes shall proceed thereafter.

Where members at the AGM decide to vote on a resolution by secret ballot the opening of the ballot boxes and the counting of the votes for this purpose shall take place at the AGM and be conducted at the direction of the President or Chairman of the AGM.

Nominations for election to the General Committee must be completed on the prescribed form available from the Reception, and must be received by the General Manager not later than twenty-one days before the meeting i.e. 6.00 pm, Monday 5 April 2010.

Deadline for receipt of amendments to the proposed rule amendments is 6.00 pm, Monday 19 April 2010.

Deadline for receipt of matters to be discussed under Any Other Business is 6.00 pm, Monday 19 April 2010.

The above Notice of the Annual General Meeting was mailed out to members on Friday 26 March 2010 in accordance with Rule 35(i).


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1865 Thomas Dunman1866 Thomas Dunman1867 Robert Read1868 Robert Read1869 Robert Read1870 Reginald Padday1871 Hon James Birch1872 Hon James Birch1873 Hon James Birch1874 Hon James Birch1875 Hon James Birch1877 Julius Brussel1879 William Read1880 Samuel Gilfillan1881 Frederick Bishop1882 Thomas Cuthbertson1883 John Fraser1884 John Cuthbertson1885 Sir John Anderson1886 Sir John Anderson1887 John Cuthbertson1888 Hon John Finlayson1889 Sir George Murray1890 John Cuthbertson1891 John Cuthbertson1892 John Cuthbertson1893 John Cuthbertson1894 John Cuthbertson1895 William Caddell1896 William Caddell1897 John Jones1898 William Waddell1899 William Waddell1900 James Maclaren1901 Francis Mactaggart1902 Dr W R C Middleton1903 J Dashwood Saunders1904 Hon William Collyer1905 William Hooper1906 Frederick Elliot1907 Frederick Elliot1908 William Hooper1909 Cedric Carver1910 Rowland Allen1911 Rowland Allen1912 Donald Perkins Dr Peter Fowlie1913 Hon Elliot Hewan1914 Hon Elliot Hewan Sir Roland Braddell

1915 Hon Elliot Hewan1916 William Sims1917 Sir Roland Braddell1918 Sir Roland Braddell1919 Gilbert Carver1920 Gilbert Carver1921 A G Harrington1922 A G Harrington1923 Gilbert Carver Oswald Griffith-Jones1924 Oswald Griffith-Jones1925 Sir Arthur Jelf Ernest Fulcher1926 Dr Edward Elder1927 L C Margoliouth1928 Harold Godwin1929 Oswald Griffith-Jones1930 Oswald Griffith-Jones1931 Oswald Griffith-Jones1932 Henry Salmond1933 Charles Holland1934 H W Hawkeswood1935 Sir Andrew Caldecott1936 Osborne Bateman1937 Osborne Bateman1938 Oswald Griffith-Jones Thomas Holyoak1939 Thomas Holyoak1940 Harold Godwin1941 Harold Godwin1942 No President1943 No President1944 No President1945 No President1946 Freddie Kemlo1947 Freddie Kemlo1948 Hubert Hopkins1949 Jack West1950 Arnold Thorne1951 Eric Rushworth1952 Freddie Kemlo1953 Arnold Thorne1954 John Mason1955 Eric Henton1956 Justice C Knight1957 Dr Robert Calderwood1958 Eric Henton1959 John Pickering1960 Tim Parker1961 Justice M Buttrose

1962 William Hannay1963 John Craig1964 Harold Smyth1965 Pat Caldicott1966 Pat Caldicott1967 Douglas Beaton1968 Ken Gould1969 Joe Elias1970 Ernest Waller1971 Jim Lawton1972 Jim Lawton1973 Dr Leo Taylor1974 Jim Heaton1975 Jim Heaton1976 Joe Grimberg1977 Joe Grimberg1978 Peter Tomkins1979 Peter Tomkins1980 Ken Thai1981 Ian Braslin1982 John Ewing1983 John Ewing1984 Peter Newman1985 Reggie Thein1986 Ted Grinsted1987 Charles Ho1988 Charles Ho1989 George Sandosham1990 George Sandosham1991 Michael Khoo1992 Michael Khoo1993 Graham Bell1994 Graham Bell1995 Richard Eu1996 Richard Eu1997 John Rasmussen1998 John Rasmussen1999 Dr Chan Kong Thoe2000 Dr Chan Kong Thoe2001 Dr Alex K H Ooi2002 Dr Alex K H Ooi2003 Dr Alex K H Ooi2004 Alan Jones2005 Alan Jones2006 Alan Jones2007 Leow Siak Fah2008 Philip Beng2009 Joseph Chew

Presidents of The Tanglin Club1865 to 2009

THE TANGLIN CLUB

5 Stevens Road, Singapore 257814Tel: 66220555 • Fax: 67332391 • Web: www.tanglinclub.org.sg

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The Tanglin Club Annual Report 2009/2010

Documents

Transcript of The Tanglin Club Annual Report 2009/2010