Partnering with community in the Moreton Bay Region
7
4
6
8
5
24
13
9-10
25-26
17-23
11-12
14-16
REDCLlFFE HOSPITAL FOUNDATION ANNUAL REPORT 2008-09 3
MAJOR SPONSORS
Auditor's Report
Financial Statements
Management Certificate
Notes to and Forming Part of The Financial Statements
Donations
Meet the Board
CONTENTS
Projects
Chairperson's Report
CEO Report
Objectives
Our Mission
Treasurer's Report
4 RE DeLI FFE HOS PITAL FOU N DATION AN NUAL RE PORT 2008-09
OBJECTIVES1. To aid the Hospitals and Health Services in the Moreton Bay Region
whether established or proposed.
2. To supply aid to any person and to provide services in respect of any
matter concerning the health and well-being of people.
3. To provide money or travel grants, conference expenses, fellowships,
allowances and prizes for any matter concerning the health and
well-being of people.
4. To promote and provide improved facilities for education and training
at undergraduate and postgraduate levels in all health professional
disciplines and for the community.
5. To seek to discover the nature, origins and causes of disease and
of good health inCluding the outcomes of interventions in health and
disease and to make the best use of knowledge gained for the
improvement of health promotion and prevention or treatment of disease.
6. To research, or arrange or promote research (including surveys relevant
to health service or hospital functions) and to provide money grants
or loans for persons engaged in research or surveys, into any matter
concerning the health or wellbeing of people with a view to general
improvement in health services.
7. To arrange for research and development work in the specific matters
relating to the health of people.
8. To invite and finance the appearance of people renowned for their
knowledge or expertise in the health and well-being of people in health
care, to give instruction to health care workers and to the public.
9. To develop, purchase and manage businesses which will provide
from their profits, income to the Foundation, and assist to facilitate the
Foundation's aims of support to its community.
REDCLlFFE HOSPITAL FOUNDATION ANNUAL REPORT 2008-09 5
CEO REPORTDespite many challenges and frustrations during the past year, upon reflection, it has proven to be one of great progress.
It was dominated by our desire and dream to establish an Integrated Health Care Centre at Redcliffe Hospital to notonly lessen the load on the Emergency Department, but to also offer much needed facilities for doctor and nurseeducation and state of the art research facilities.
So a large proportion of the Foundation staff's time and resources has been directed, firstly to the detailed fundingapplication process, and subsequently (after being named the successful applicant in January) to preparing forconstruction of the Moreton Bay Integrated Care Centre (MBICC).
\Ne are indebt(3d to our consortium partners UQ School of Medicine and acknowledge the incredible support of theMoreton Bay Regional Council, OLD Health, Redcliffe Hospital management and our Government representatives,both state and federal, for helping to turn this dream into a reality.
Although MBICC is our most exciting and ambitious project it has not hindered our dedication to progressing othervital Redcliffe Hospital Foundation (RHF) projects and activities.
The Caboolture Technical Education and Training Centre (Kabtec) has expanded in scope and is quickly coming tofruition thanks to the appointment of a full time project officer in May 2009.
Our school based traineeship scheme continues to offer outstanding employment opportunities to local studentsdespite the loss of both state and federal funding support.
Likewise our computer rebuilding enterprise continues to offer training and employment opportunities and now also,thanks to a partnership with the Smith Family, enhances the educational outcomes of hundreds of disadvantagedfamilies in the region.
Once again over the past year the Foundation has supported hospital staff to improve their education, enhance theirqualifications, carry out vital research or acquire much needed equipment. In July 2008 we completed a long-standingproject to construct a memorial garden outside the chapel at Redcliffe Hospital.
The Foundation lent its support to raising public awareness of child protection issues by promoting the inauguralFamily Fun Day in September 2008. The day was such a resounding success, with more than 2500 people takingadvantage of free rides and entertainment, that is has now become a fixture on the RHF calendar.
Another Foundation dream became a reality in November with the launch of our official supporter's group FoundationFriends. Offering memberships to both corporate entities and individuals Foundation Friends allows us to givesomething back to those who support us.
And in June 2009 the fourth annual Foundation Dinner was yet again an outstanding success thanks to theattendance of the Australian treasurer, Wayne Swan, as guest speaker.
As you will see within this Annual Report, that whilst achieving so much over the past year, the RHF has also established asolid financial base that will allow us to continue to support community and health initiatives into the future.
Of course the Redcliffe Hospital Foundation owes its existence and all its activities to the incredible generosity of allsectors of the community.
I take this opportunity to thank all those who have helped and supported us during the past year, our majorsponsors, our business partners, our community partners, Foundation Friend members, Foundation staff, RHFdirectors and last, but not least our tireless band of volunteers.
To everyone who made a donation, bought a ticket in one of our raffles, dropped loose change in a collection box orbought a hot dog at our regular Bunnings sausage sizzle, thank you all for making the 2008/09 financial year such agreat success.
",./
Stephen Hart
Chief Executive Officer
6 REDCLIFFE HOSPITAL FOUNDATION ANNUAL REPORT 2008-09
CHAIRPERSON'S REPORTAs I write this, my fourth Chairman's report, my mind is taken back to the very firststrategic meeting of the Redcliffe Hospital Foundation. We talked about what thevision and mission of the Foundation might be. Partnering with community, improvingthe health of our community through education, research ... The conversations werecut short by Ron Jelich, "But what do you want Boris, what do you want?" He asked.I talked about establishing the Foundation, getting a funding base. Ron cut meshort again and repeated the question. I eventually spoke of my desire to establish aresearch training and educational facility in Redcliffe. A vision so ambitious that I couldnot see it happening within the four year term of the inaugural board, or even the nextfor that matter. I had resigned myself to the fact that under my watch, just staying outof the red, would be a major achievement.
Ron and his fellow directors had other ideas. Ron walked from Cairns to Redcliffeto make his point, and so we started to believe that we really could make it happen.Over the past year the ball really started to get rolling and thanks to a lot of hardwork, and the incredibly generous support from all sectors of our community, mydream is about to become a reality, in the form of the Morton Bay Integrated CareCentre.
Incorporating a GP Super Clinic and state of the art research and education facilities(thanks to our partners the University Of Queensland School Of Medicine) the newcentre will serve the needs of Redcliffe and the Moreton Bay region for years to come.
It will address the healthcare needs and wants of the broader community and will offernew and exciting opportunities in education, medical research and training. Just aswe envisaged four years ago.
Thank you to my fellow directors and everyone who supported us, you made ourdreams come true in a timeframe we did not think possible.
A lasting contribution to the wellbeing of our community is about to be made, and Ihave never been so happy to be proven wrong.
~Dr Boris Chern
Chairperson
REDCLIFFE HOSPITAL FOUNDATION ANNUAL REPORT 2008-09 7
TREASURER:S REPORTDuring the 2008/2009 financial year the Foundation undertook major activities toensure the appropriate use of the purpose specific fundraising in the previous year.
The consulting expenses of $169,271 relate to the preparation of the application to theAustralian Government which secured funding for the Moreton Bay Integrated Care Centre(incorporating the Redcliffe GP Super Clinic) at Redcliffe Hospital. This major developmentwill also incorporate cancer research facilities for which the funds were raised.
The Foundation is grateful for the assistance initially from the Redcliffe City Counciland then from the Mor-eton Bay Regior:lal Council which has allowed the project toproceed to this stage while preserving all of the donated funds to be used to financethe construction of the facility.
The Foundation also acted as the auspicing body for the Caboolture Technical andEducation Centre (Kabtec) project. Details of the project and the impact on theaccounts are shown in Note 12 to the financial statements.
While undertaking these long term projects the Foundation continued to raise fundsfor the ongoing health related assistance that has been an integral part of theFoundation's activities. These include:
• $43,819 for School Based Trainees (up 325% from last year);
• $11,413 for education, training and equipment grants for health employees in theMoreton Bay Region;
• Construction of a memorial garden at Redcliffe Hospital;
• Grants for community health initiatives;
• Maintenance of the Foundation Lodge which provides accommodation forpatient's families.
Fundraising of $250,000 during the year was an excellent result and could not havebeen achieved without the dedication of the staff and the support of our sponsors, localbusinesses, volunteers, and the community. The Foundation continues to investigatenew initiatives to ensure that funds raised (excluding donations) are sufficient to meetadministrative costs.
Stephen Pronk
Treasurer
8 REDCLIFFE HOSPITAL FOUNDATION ANNUAL REPORT 2008-09
REDCLIFFE HOSPITAL FOUNDATIONPROJECTS 20091. TRAINEES SCHEMEThe Redcliffe Hospital Foundation continues to fund a school based Traineeship scheme within the Northside Health
District. Participants spend a day a week at a local hospital (PCH, Redcliffe, Kilcoy, Caboolture) training in their chosen
field of health administration, dental health, operational, allied health or nursing assistant. This 2 year c,ourse is available
to grade 11 students and has so far produced 52 graduates, of these 46 are currently employed in the district and 5
are pursuing further studies. Currently 15 trainees are completing second year training and 17 new students have been
enrolled in 2009.
2. COMPUTER REFURBISHMENT PROGRAMA combined business/community venture currently operated in conjunction with Bridgeworks Employment.
The Redcliffe Hospital Foundation pays a full time supervisor to train long term unemployed people in computer repair
and reconditioning. Many participants have gone on to find gainful employment or undertake further studies. The
refurbished computers are sold to raise funds for the Foundations operational requirements. Recently the foundation
entered into a partnership agreement with The Smith Family to supply computers and internet access to hundreds of
disadvantaged families across Queensland.
3. FOUNDATION LODGEOne of the first major projects the Redcliffe Hospital Foundation tackled was to establish 'The Foundation Lodge'. This
provides a safe, secure place for family members to stay close by if they have a distance to travel to visit loved ones while
they are in hospital. The Foundation, in partnership with Queensland Health, completely refurbished the old nurses' quarters
to create two self-contained apartments. Foundation Lodge was opened May 2007, and is in great demand with occupancy
close to 100%. The RHF also plans to establish a similar facility near the Caboolture Hospital.
4. EDUCATION GRANTSThe Redcliffe Hospital Foundation offers staff of the Northside Health Service District the opportunity to apply for
grants in the following areas:
• Post Secondary/Tertiary Level Scholarship
• Health and Medical Research
• Provision of Equipment, Facilities Enhancement and Supplies
• Education, Training and Professional Development
In the past year grants totalling $9567 have been awarded to hospital staff.
5. MEMORIAL GARDENS AND PREGNANCY LOSSIn 2005, we began planning to build a memorial garden at the Redcliffe Hospital. The garden has now been completed,
with assistance and advice from the hospital's maternity staff and social workers and financial support from local businesses.
The garden will provide a space for peaceful reflection from those who have lost a loved one or a child at birth or through
miscarriage. It is located in front of the Hospital chapel.
6. COMPASSIONATE FRIENDSThe Compassionate Friends (TCF) is a self-help support organisation for bereaved parents, siblings and grandparents.
it offers friendship and understanding to families who are grieving the death of a child of any age, from any cause.
Bob Wyborn, who lost his son to adrenoleukodystrophy (ALD) disease made famous by the movie Lorenzo's Oil, is one
of the driving forces behind TCF and approached the Redcliffe Hospital Foundation seeking funding. Bob arranged to take
his organisation's deepest sufferers on a retreat to Maleny on the Sunshine Coast hinterland for intensive counselling. The
Foundation has agreed to fund this venture on an ongoing basis and also have agreed to set up a partnership where some
of the TCF volunteers can become volunteers for our Foundation.
REDCLlFFE HOSPITAL FOUNDATION ANNUAL REPORT 2008-09 9
7. MENTAL HEALTHEach year the Foundation sponsors 12 residents of the Redcliffe Caboolture Community Healthcare Units to enter a team into the
Jetty to Jetty Fun Run as part of their rehabilitation program. The team members are fitted out with official T-shirts as well as caps
and joggers.
8. WIG AND TURBAN ROOMThe Redcliffe Hospital Foundation helped fund a 'wig and turban' library in the Oncology Department at the Redcliffe Hospital to
provide a variety of head wear for patients suffering hair loss as a result of cancer treatment.
9. LOSS AND TRAUMA SUPPORTThe Redc!iffe HosfJita! Foundation supp!ie~ emergency clothing for infants and chi!dmn and replacement clothing for rape victims.
10. DIAGNOSTIC EXERCISE BIKESV\jith the help of a !ocal vehicle import business the Foundation was able to supply four diagnostic exercise bikes to the
Indigenous Cardiac Unit, which works with remote Queensland communities.
11. ERGOTRON COMPUTER CARTSThe new Emergency Department (ED) and Redcliffe Hospital has secured two ergotron computers, marvellous pieces of
equipment which enable staff to gain all the vital data from patients almost instantly. Unfortunately the department did not
have carts to make the computers mobile so the Foundation sought the help of Sails Restaurant at Suttons Beach. Thanks
to the generosity of the restaurant's owners Airport Retail, two carts were purchased ($7300 each) and delivered to the ED.
12. ED - TVS AND PLAY EQ!)IPMENTThe Foundation was given a $10,000 donation by the Anthony John Group, builders of the Bluewater Plaza Shopping
Centre in Redcliffe's CBD. The money was used to install plasma TV screens, playground equipment and children's furniture
in the new emergency department.
13. CABOOLTURE TRAINING AND EDUCATION CENTRE (KABTEC)The Redcliffe Hospital Foundation in conjunction with Community Renewal, Queensland Housing and the PCYC organisation
is building a technical and education centre in Caboolture. Potential users include at-risk young people on court orders and
those at risk of entering the justice system, young people disengaged from formal education, people with mental health issues
and people with disabilities. The plan also makes provision for older members of the community who have been widowed or
left alone to pass on metal, woodworking, hospitality and other skills to younger participants.The program will evolve over time
as the needs of the area change and plans to establish centres in other areas are put into place. It is estimated that more
than $500,000 will be needed to complete the construction and fit-out of the Caboolture centre.
14. BRIBIE HOSPICE / DAY RESPITEThe Bribie and District Hospice Inc has expressed an interest in developing a formal partnership with the Redcliffe Hospital
Foundation to set up and operate a community cancer day respite centre on Bribie Island.
15. CHILD PROTECTION AWARENESS WEEKIn 2008 the Redcliffe Hospital Foundation decided to support this National Association for the Prevention of Child Abuse and
Neglect (NAPCAN) initiative by organising and underwriting a Family Fun Day at the Redcliffe Youth Space. Offering free
admission, rides, activities and entertainment the day was designed to facilitate the distribution of vital information to the parents,
guardians and carers of young children. The event was such a success, attracting more than 2500 visitors, that it has become
an annual event, with plans to expand its size and scope each year.
16. MORETON BAY INTEGRATED CARE CENTREIn partnership with the University of Qld School of Medicine and with the generous support of the Moreton Bay Regional Council,
the Redcliffe Hospital Foundation successfully applied to the federal government for funding to build and operate a GP Super
Clinic in Redcliffe. The new centre will also incorporate medical research and doctor training and accommodate a range
of specialist and ancillary health providers. It is to be built at the front of the Hospital on Anzac Avenue next to the current
Foundation office and is scheduled for completion in February 2010. The completed project is expected to cost more than
$25 million.
10 REDCLIFFE HOSPITAL FOUNDATION ANNUAL REPORT 2008-09
DONATIONS RECEIVED 2008 - 2009
Alison Swain
Len & Elaine Smith
Vicki Smith
Heather Cox
Sarina Kenzig
Reg Greentree
William Payne
Nicole Davenport
Reward Realty Pty Ltd
Debra Ward
Rebecca Millard
Suncity Roofing
R Stark
Sarah Ward
Lo Nugyen
Sue Davis
Catherine Blakeley
Mr Graham Hamilton
Kathy Hayes
Kelly Williamson
Philip Plant
Joy Simpson
Yvette D'Ath
St Columbins
Mary Cupitt
Mr & Mrs Bouzamayor
CBA Crick CBA OPC Sydney
Norma Kennedy
Redcliffe Leagues Club
Agnes Patterson
Maryanne Mallalieu
The University of Queensland
Drinx Pty Ltd (Belvedere Hotel)
LJ Hooker
Sarina Kersig
Redcliffe Leagues Club
Brad Jones
Erica Juster
Zonta Club of Redcliffe Inc
Derek & Barbara Pearce
Rotary Club of Redcliffe City Inc
Angela 0' Day
Elizabeth Fitzpatrick
Fibre King Pty Ltd
E Buchanan
K Bray
Peter & Carolyne Kelly
Mr & Mrs McCann
Anne M Taylor
Joan Grange
D & E Barbour
Peter & Lillian Dolan
Frank & Dianne Spresser
Jim Finlay
Bill & Neta Alcorn
Gary & Desley Moody
Joan Stephensen
Ron Ellis
Beverley Went
Chris Sumpton
Bramble Bay Bowls Club
Bob Grimwade
Joan Reith
Edward Fennell
B & T Carlow
Jimele Rigby
Jason New
Mrs Betty Paxton 0 .A.M
Judy Wade
Vannida Douangboupha
Mr & Mrs Gordon Wills
Greg & Jenny Easlea
Tom Ganseman
Edna & Frank Catchpole
Neil Finlayson
Lena Garrett
Glenda Clayton
Mary Deputron
The Professionals Redcliffe
Meals on Wheels Redcliffe Inc.
Paul Woodcock
Trevor Fisher
Carl & Kay Misso
Allen & Margaret Evans
Ben Elliott
Silver Fawn Club Inc
Robert & Shirley Sutherland
David Grant
Gavin Christison
Ian Harding
Budget Car & Truck Rentals
Kathy Steel
Dudley & Beryl Shaw
Mark & Jacqueline Byrne
Noel & Gail Christison
Maureen Mclellan
National Seniors Association
Lorraine McQuade
Margaret Robinson
Mrs Ellie Doo
Mrs Richardson
Bob & Jennifer Bolewski
Scarborough Vet Surgery
Kate Sawyer
Florence Roberson
Elizabeth Fitzpatrick
Ashdale Integrity Solutions
Neil & Evelyn McBride
Patrick & Rosemary Leahy
Robin & Colleen Christison
Rita Kidd
Westpac - Morayfield Staff Club
Paul Boshler
John & Gloria Finnen
Penny Williams
Garrards Pty Ltd
Mr & Mrs Oysten
St Michael's
Megan Weier
Westpac Banking Corporation
Caboolture State School
Mrs Rowe
Mr & Mrs Davenport
GJ & EJ Kelly
Betty Currey.
Aim Lab Pty Ltd
William Barbour
M Milkins & L Cabassi
Mr & Mrs Leonard
Community Renewal
A Becker
Capital Wealth Management Pty Ltd
Sesame Lane Child Care Centre
QLD Country Womens Association
Moreton Bay General Practice
Network Inc
Redcliffe & District Medical
Association Inc
RE Dell FFE HOS PITAL FOU N DATION AN N UAL RE PORT 2008-09 11
FOUNDATION FRIENDS 2008 - 2009
PLATINUM
Aim Lab Pty Ltd
Ballycara Retirement Village
Belvedere Hotel
e - payday Pty Ltd
DIAMOND
Brosnan Golf Australia
Harcourts Ultimate Realty
Redcliffe RSL
The Office Suppliers
Traditional Funerals (Aust) Pty Ltd
Maddies Hermans Lifestyle Properties
Northstar Motor Group
Redcliffe & Bayside herald
Redcliffe Leagues Club
The O'Keeffe Group
GOLD
Bramble Bay Bowls Club
East Coast Bullbars
Kallangur Day and Night Pharmacy
Pacreo Pty Ltd
Professionals Real Estate
Retail First Pty Ltd T/A Peninsula Fair
Shopping Centre
Think Pharmacy Kippa Ring
Think Pharmacy Redcliffe Day & Night
Think Pharmacy Redcliffe Gardens
Zande Law
SILVER
Lawrence O'keeffe
Ashley Printers
Bendix Business Furniture
Doug Morris Jewellers
EI Jay Engineering & Sons Pty Ltd
Jono Holdings Pty Ltd
JT Press
Mister Realestate
Nothling Bros Prime Meats
Polyworld
Quality Home Furnishers
TV Aerial Installations
GRANTS AWARDED 2007 -2008
Education on Intensified Breast Feeding and Metabolic Outcomes
12th World Congress of the World Federation for Ultrasound Medicine and Biology
Graduate Certificate in Nursing
Fetus as a Patient International Conference
Australian Sonographers Association Ltd Conference
Graduated Certificate in Rehabilitation
Redcliffe Emergency Department Children's Play Area
Christmas Gifts and Decorations
Redcliffe Hospital Auxiliary Signs
$ 3000.00
$ 3960.00
$ 416.00
$ 1990.00
$ 1160.00
$ 887.00
$ 2110.00
$ 450.00
$ 160.00
$14,133.00
12 RE DeLI FFE HOS PITAL FOUN DAT ION AN NUAL REPORT 2008-09
MR RON JELLICKDirector of Jellick Jones
Financial Services.
MR GARY TWEEDIEDirector of
Corporate Services forthe Redcliffe CabooltureHealth Service District.
MS MARY MONTGOMERYDistrict Manager,
Redcliffe-Caboolture HealthService District
(Resigned March 2009)
DR DONNAO'SULLIVAN
Executive Director andDirector of Medical Services
of the Redcliffe Hospital.(Joined March 2009)
CRALLAN SUTHERLANDCurrently mayor of
Moreton Bay RegionalCouncil.
MR JOEL HUDSONAdvertising Manager
Redcliffe andBayside Herald.
MR STEPHEN PRONKChief Executive Officer
Aimlab Pty Ltd a locally basedcompany producing laboratorytechnology for worldwise use.
MEET THE BOARD
REDCLlFFE HOSPITAL FOUNDATION ANNUAL REPORT 2008-09 13
DR BORIS CHERN (CHAIR)District Director Medical Oncology & Palliative Care. Redcliffe-Caboolture Health Services District
MRS JENNIFER ZAN DEPrincipal in Zande Law
a legal firm based at NorthLakes.
MR MARK ZGRAJEWSKIMr Zgrajewski is a solicitor with the
Office of Fair Trading and is the Chair ofthe Redcliffe Caboolture Health Service
District Ethics Committee.
MR NICK TZIMAS(DEPUTY CHAIR)
Owner of The Golden OxResturant and President ofthe Commerce & Industry
Redcliffe Peninsula.
THE REDCLIFFE HOSPITAL FOUNDATION(ABN 70 669 026 131)
FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2009
INDEX
Page 14.
15.
16.
16.
17-23.
24.
25-26.
Income Statement
Ba!ance Sheet
Statement of Changes in Equity
Cash Flow Statement
Notes to and Forming Part of the Financial Statements
Management Certificate
Independent Audit Report
This financial report covers The Redcliffe Hospital Foundation as an individual entity.
Principal place of business:
108 Anzac Avenue
Redcliffe Hospital
Redcliffe OLD 4020
INCOME STATEMENTFOR THE YEAR ENDED 30 JUNE 2009
Note 2009 2008$ $
Revenue 2 687,401 1,007,699
Other expenses 3 (737,737) (520,875)
(Deficit) surplus for the year (50,336) 486,824
The accompanying notes form part of these financial statements.
14 REDCLIFFE HOSPITAL FOUNDATION ANNUAL REPORT 2008-09
REDCLlFFE HOSPITAL FOUNDATION ANNUAL REPORT 2008-09 15
BALANCE SHEET
Note 2009 2008$ $
CURRENT ASSETS
Cash and cash equivalents 4 761,558 686,256
Trade and other receivables 5 57,555 34,816
Other current assets 6 5,077 2,478
7,965
39,786
39,786
731,515
691,729
691,729
691,729
723,550
47,476
230,273
230,273
641,393
641,393
641,393
871,666
824,190
8
7
AS AT 30 JUNE 2009
The accompanying notes form part of these financial statements.
EQUITY
Accumulated Surplus
TOTAL EQUITY
NET ASSETS
CURRENT LIABILITIES
Trade and other payables
TOTAL CURRENT LIABILITIES
TOTAL ASSETS
NON-CURRENT ASSETS
Property, plant and equipment
TOTAL CURRENT ASSETS
STATEMENT OF CHANGES IN EQ!)ITYFOR THE YEAR ENDED 30 JUNE 2009
AccumulatedSurplus
$
Balance at 30 June 2007
Surplus for the year
Balance at 30 June 2008
Deficit for the year
Balance at 30 June 2009
204,905
486,824
691,729
(50,336)
641,393
CASH FLOW STATEMENTFOR THE YEAR ENDED 30 JUNE 2009
Note 2009 2008$ $
Cash flows from operating activities
Receipts from operations 900,628 956,054
Payments to suppliers and employees (809,103) (500,355)
Interest received 51,474 18,081
Net cash flow from operating activities 9 143,001 473,780
Cash flows from investment activities
Payments for property, plant and equipment
Net increase in cash held
Cash at the beginning of the year
Cash at the end of the year 4
(67,699)
75,302
686,256
761,558
(8,463)
465,317
220,939
686,256
The accompanying notes form part of these financial statements.
16 REDCLlFFE HOSPITAL FOUNDATION ANNUAL REPORT 2008-09
NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2009
1. STATEMENT OF ACCOUNTING POLICIES
The financial report is a general purpose financial report that has been prepared in accordance with Australian
Accounting Standards and interpretations, and the requirements of the Financial Administration and Audit Act 1977.
The financial report of The Redcliffe Hospital Foundation (the foundation) complies with all applicable Australian
equivalents to International Financial Reporting Standards (AeIFRS) where appropriate.
Reporting Basis and Conventions
The financial report has been prepared on an accruals basis and is based on the historical costs convention.
The financial statements are presented in Australian dollars which is the foundation's functional and presentation currency.
The following is a summary of the material accounting policies adopted by the foundation in the preparation of the
financial report. The accounting policies have been consistently applied, unless otherwise stated.
(a) Cash and cash equivalents
For the purpose of the cash flow statement, cash includes cash on hand and in banks, and other short-term
highly liquid investments with original maturities of three months or less, net of outstanding bank overdrafts.
(b) Goods and services tax
Revenues, expenses and assets are recognised net of the amount of goods and services tax (GST), except
where the amount of GST incurred is not recoverable from the Australian Tax Office (ATO). In these circumstances
the GST is recognised as part of the cost of acquisition of the asset or as part of an item of the expense.
Receivables and payables are stated with the amount of GST included.
The net amount of GST recoverable from, or payable to, the ATO is included as a current asset or liability in
the balance sheet.
Cash flows are included in the cash flow statement on a gross basis. The GST components of cash
flows arising from investing and financing activities which are recoverable from, or payable to, the ATO are
classified as operating cash flows.
(c) Trade and other payables
These amounts represent liabilities for goods and services provided to the foundation prior to the end of the
financial year and which are unpaid. The amounts are unsecured and usually payable within 30 days of recognition.
(d) Taxation
The Redcliffe Hospital Foundation is a State body as defined under the Income Tax Assessment Act 1936
and is exempt from Commonwealth taxation with the exception of Goods and Services Tax (GST).
(e) Property, plant and equipment
Items of property, plant and equipment with a cost or other value equal or in excess of the following
thresholds are recognised for financial reporting purposes in the year of acquisition:
Plant & equipment
$
5,000
Depreciation: The depreciable amount of all fixed assets is depreciated on a straight-line basis over their
useful lives to the foundation commencing from the time the asset is held ready for use.
RE DC LL FF E HO SPITAL FOU N OAT ION AN N UAL RE PORT 2008-09 17
NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2009
(e) Property, plant and equipment(continued)
The depreciation rates used are:
Plant and equipment 10 - 30%
The assets' residual value and useful lives are reviewed, and adjusted if appropriate, at each balance
sheet date.
(f) Revenue
Grants, donations and fund raising income that are non-reciprocal in nature are recognised as revenue in
the year in which the foundation obtains control over them. Unearned revenue is recognised until such time
as the oundation gains control over the funds received.
Revenue from the sale of goods is recognised upon the delivery of goods to customers.
Interest revenue is recognised taking into account the interest rates applicable to the financial assets.
Critical Accounting Estimates and Judgements
The management committee evaluate estimates and judgements incorporated into the financial report based on
historical knowledge and best available current knowledge. Estimates assume a reasonable expectation of future
events and are based on current trends and economic data, obtained both externally and within the foundation.
No critical accounting estimates or judgements have been made in the preparation of these financial statements.
2. REVENUE 2009 2008$ $
Interest 44,429 37,511
Donations 78,582 509,035
Fund raising 136,948 206,178
Subsidy 32,502 38,658
Sales 113,033 119,097
Bequests 47,220
Grants Received 281,693 50,000
Other 214
687,401 1,007,699
18 REDCLIFFE HOSPITAL FOUNDATION ANNUAL REPORT 2008-09
NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2009
3. EXPENSES 2009$
Audit fees 6,939
Advertising 15,476
Bank charges 2,129
Community health initiatives 2,720
Consulting expenses 169,271
Depreciation 7,732
Employee benefit expenses 332,718
Equipment for resale 13,520
Fund raising expenses 58,007
General expenses 32,226
Insurance 5,954
Printing and stationery 12,122
Repairs and maintenance 10,173
School Based Trainees expenses 43,819
Staff initiatives 11,413
Telephone 3,127
Work for the Dole 10,391
737,737
2008$
7,526
6,823
4,339
10,388
499
274,566
4,629
145,116
23,255
5,895
9,911
1,279
10,055
2,952
3,093
10,549
520,875
Total external audit fees relating to the 2009 financial year are estimated to be $5,900. (2008 : $4,415).
There are no non-audit services included in this amount.
4. CASH AND CASH EQUIVALENTS
Petty Cash
Cash at bank
General account
Kabtec (Note 12)
Moreton Bay Integrated Care Centre (Note 12)
Term deposit (Macquarie Bank)
2009$
1,240
69,160
181,925
24,393
484,840
761,558
2008$
867
235,389
450,000
686,256
REDCUFFE HOSPiTAL FOUNDATION ANNUAL REPORT 2008-09 19
NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2009
5. TRADE AND OTHER RECEIVABLES 2009 2008$ $
Trade debtors 24,061 14,733
Accrued interest 13,038 20,083
Deposits paid (Note 12) 20,456
57,555 34,816
6. OTHER CURRENT ASSETS
Prepayments
2009$
5,077
2008$
2,478
7. PROPERTY, PLANT AND EQUIPMENT
Motor vehicles at cost 43,191 5,151
Less Accumulated depreciation (5,983)
Plant and equipment at cost 7,679 300
Less Provision for depreciation (1,106) (40)
Furniture and fittings at cost 4,836 3,012
Less Accumulated depreciation (1,141) (458)
Total property, plant and equipment 47,476 7,965
RECONCILIATION
Motor Vehicles Plant & Equipment Furniture & Fittings Total
Balance 1 July 2007
Additions 5,151 300 3,012 8,463
Depreciation (40) (458) (498)
Balance 30 June 2008 5,151 260 2,554 7,965
Additions 38,040 7,379 1,824 47,243
Depreciation (5,933) (1,066) (683) (7,732)
Balance 30 June 2009 37,208 6,573 3,695 47,476
20 REDCLIFFE HOSPITAL FOUNDATION ANNUAL REPORT 2008-09
NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2009
8. TRADE AND OTHER RECEIVABLES 2009 2008$ $
Sundry accruals 12,174 14,212
GST payable (1,061) 980
Payroll liabilities 24,158 16,534
Accrued annual leave entitlements 13,077 8,060
UNEXPENDED GRANT FUNDS (NOTE 12) 181,925
230,273 39,786
8. RECONCILIATION OF NET CASH PROVIDED BY OPERATING ACTIVITIES TO(DEFICIT) SURPLUS FOR THE YEAR 2009 2008
$ $
(Deficit) surplus for the year (50,336) 486,824
Add back non-cash items
Annual leave 5,017 307
Depreciation 7,732 499
Changes in operating assets and liabilities
(Increase) decrease in trade and other receivables (2,283) (33,563)
Increase in trade and other payables 185,470 19,137
(Increase) decrease in prepayments (2,599) 576
Net cash provided by operating activities 143,001 473,780
10. FINANCIAL INSTRUMENTS
Financial Risk Management
The foundation's financial instruments consist mainly of deposits with banks, local money market
instruments, accounts receivable and payable.
The main risks the foundation is exposed to through its financial instruments is credit risk and interest risk.
Credit risk
The maximum exposure to credit risk at balance date to recognised financial assets, is the carrying
amount, net of any provisions for impairment of those assets, as disclosed in the balance sheet and
notes to the financial statements.
RE DC LL FFE HOS PITAL FOU N OAT ION AN N UAL RE PORT 2008-09 21
NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2009
Interest rate risk
The foundation's exposure to interest rate risk and the effective interest rates of financial assets and
liabilities, both recognised and unrecognised at the balance date are as follows:
2009
(i) Financial assets
Cash
Receivables
Total financial assets
(ii) Financial liabilities
Payables
2008
Weighted average
interest rate
%
3.75
%
Floating
interest rate
$
760,318
760,318
$
Non interest
bearing
$
1,240
37,099
38,339
230,273
$
Total
$
761,558
37,099
798,657
230,273
$
(i) Financial assets
Cash
Receivables
Total financial assets
(ii) Financial liabilities
Payables
7.11 685,389 867 686,256
34,816 34,816
685,389 35,683 721,072
39,786 39,786
The net fair value of financial assets and liabilities approximate their carrying amounts.
11. SEGMENT REPORTING
'The foundation operates in one business and geographical segment.
12. PROJECT MANAGEMENT
At 30 June 2009 the Redcliffe Hospital Foundation was managing two major projects and the accounts
include these projects.
KABTEC: The Caboolture Technical and Education Centre (Kabtec) is being developed as a joint undertaking
of the Department of Housing (Community Renewal Program) and the Redcliffe Hospital Foundation, and will
provide educational and training opportunities for disadvantaged and special needs people in the community.
The Redcliffe Hospital Foundation is responsibie for financial management of the project and maintains detailed
records of income and expenditure and assets and liabilities for the project.
At 30 June 2009 a contract was in place to construct an industrial building to house the facilities at a total cost
of $112,512. A deposit was paid for the construction during the 2008/09 financial year (Note 5).
The land on which this building is to be constructed is leased to the Police Citizens Youth Club, and an
understanding is being negotiated between the parties to allow the construction of the building and use of the site.
22 REDCLlFFE HOSPITAL FOUNDATION ANNUAL REPORT 2008-09
NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2009
A development application has been approved by the Moreton Bay Regional Council and a building approval application
has been made. Construction is expected to be completed early in 2010.
The accounts of the Redcliffe Hospital Foundation incorporate the following amounts that relate to the Kabtec project:
$
Income 95,530 Assets
Expenses 40,221 Liabilities
Surplus for the year 55,309 Equity
Liabilities include $181,925 of unspent State Government Grants.
Moreton Bay Integrated Care Centre
$
238,772
183,463
55,309
This project represents a development being co-ordinated by the Redcliffe Hospital Foundation to deliver a GP Super Clinic,
research and education facilities in conjunction with the University of Queensland and commercial medical services.
Commonwealth Government funding of the GP Super Clinic component of the development has been approved, subject to
satisfactory tenure over the land within the Redcliffe Hospital grounds. Suitable land is expected to be purchased from the
Department of Health in the 2010 financial year.
The Redcliffe Hospital Foundation is responsible for financial management of the project and maintains detailed records of
income and expenditure and assets and liabilities for the project.
The accounts of the Redcliffe Hospital Foundation incorporate the following amounts that relate to the Moreton Bay
Integrated Care Centre project:
$ $
Income 232,721 Assets 24,436
Expenses 230,316 Liabilities 22,031
Surplus for the year 2,405 Equity 2,405
13. EVENTS SUBSEQUENT TO REPORTING DATE
No event has arisen that would be likely to materially effect the operations for the foundation or the state of
affairs of the foundation not otherwise disclosed in the financial statements.
14. BOARD MEMBER REMUNERATION
The number of board members who received or were due to receive remuneration:
15.
$0 to $999
CONTROLLED ENTITIES
2009
10
2008
10
In February 2009, Kabtec Ltd ACN 135 626 194, a company limited by guarantee was established. The
board of directors consist of Boris Wee Chern, Stephen John Hart and Wayne Geoffrey Taylor. The company
was established to be the end recipient of Caboolture Technical and Education Centre. The company was
dormant at 30 June 2009, accordingly consolidated financial statements have not been prepared.
REDCLIFFE HOSPITAL FOUNDATION ANNUAL REPORT 2008-09 23
24 REDCLIFFE HOSPITAL FOUNDATION ANNUAL REPORT 2008-09
/c?J4{ ffi-C-t/$T ~(
Date
Chief Executive Officer
~r~Date
Chairperson
a) the prescribed requirements for establishing and keeping the accounts have
been complied with irlaTlmaterial respects; and
b) the statements have been drawn up so as to present a true and fair view, in
accordance with prescribed accounting standards, of the transactions of the
Redcliffe Hospital Foundation for the financial year ended 30 June 2009, and
of the financial position at the end of that year.
FOR THE YEAR ENDED 30 JUNE 2009
MANAGEMENT CERTIFICATE
These general purpose financial statements have been prepared pursuant to section
46F (1) of the Financial Administration and Audit Act 1977 (the Act), and other
prescribed requirements. In accordance with section 46F (3) of the Act, we certify that
in our opinion:
INDEPENDENT AUDITO~S
REPORTTO THE BOARD OF THE REDCLIFFE HOSPITAL FOUNDATION
REPORT ON THE FINANCIAL REPORT
I have audited the accompanying financial report of Redcliffe Hospital Foundation which
comprises the balance sheet as at 30 June 2009 and the income statement, statement
of changes in equity and cash flow statement for the year ended on that date, a summary
of significant accounting policies, other explanatory notes and certificates given by the
Chairperson and Chief Executive Officer of Redcliffe Hospital Foundation.
The Board's Responsibility for the Financial Report
The Board is responsible for the preparation and fair presentation of the financial
report in accordance with prescribed accounting requirements identified in the Financial
Administration and Audit Act 1977 and the Financial Management Standard 1997,
including compliance with applicable Australian Accounting Standards (including the
Australian Accounting Interpretations). This responsibility includes establishing and
maintaining internal controls relevant to the preparation and fair presentation of the
financial report that is free from material misstatement, whether due to fraud or error;
selecting and applying appropriate accounting policies; and making accounting
estimates that are reasonable in the circumstances.
Auditor's Responsibility
My responsibility to express an opinion on the financial report based on the audit is
prescribed in the Auditor-General Act 2009. This Act, including transitional provisions,
came into operation on 1 July 2009 and replaces the previous requirements contained
in the Financial Administration and Audit Act 1977.
The audit was conducted in accordance with the Auditor-General of Queensland Auditing
Standards, which incorporate the Australian Auditing Standards. These auditing standards
require compliance with relevant ethical requirements relating to audit engagements and
that the audit is planned and performed to obtain reasonable assurance whether the
financial report is free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts
and disclosures in the financial report. The procedures selected depend on the auditor's
judgement, including the assessment of risks of material misstatement in the financial
report, whether due to fraud or error. In making those risk assessments, the auditor
considers internal control relevant to the entity's preparation and fair presentation of the
financial report in order to design audit procedures that are appropriate in the circumstances,
but not for the purpose of expressing an opinion on the effectiveness of the entity's internal
control, other than in expressing an opinion on compliance with prescribed requirements.
An audit also includes evaluating the appropriateness of accounting policies and the
reasonableness of accounting estimates made by the Board, as well as evaluating the
overall presentation of the financial report including any mandatory financial reporting
requirements as approved by the Treasurer for application in Queensland.
I believe that the audit evidence obtained is sufficient and appropriate to provide a basis for
my audit opinion.
REDCllFFE HOSPITAL FOUNDATlON ANNUAL REPORT 2008-09 25
26 RE DeLI FF E H 0 S PITA L F0 UNO AT ION ANN U A L REP 0 RT 2008 - 0 9
2009 and of the financial position as at the end of that year.
Uueensland Audit Uttice
Brisbane
G G Poole FCPA
Auditor-General of Queensland
The Redcliffe Hospital Foundation established a controlled entity, Kabtec Limited (a dormant
public company limited by guarantee), on 27 February 2009 without the prior approval of
the Minister. Section 15 of the Hospitals Foundations Act 1982 requires the Foundation to
obtain the approval of the Minister prior to entering into such an arrangement.
In my opinion, by not obtaining the requisite approval prior to the formation of the company,
the Foundation has not complied with the prescribed requirements in respect of the
establishment of accounts.
Qualified Auditor's OpinionIn accordance with sAO of the Auditor-General Act 2009, except for the matters identified
in the preceding paragraphs and the effect of such adjustments, if any, as may have been
determined to be necessary had I been able to satisfy myself as to the completeness of
donation revenue, I certify that -
(a) I have received all the information and explanations which I have required; and
(b) in my opinion -
(i) the prescribed requirements in respect of the establishment and keeping
of accounts have been complied with in all material respects; and
(ii) the financial report has been drawn up so as to present a true and fair view,
in accordance with prescribed accounting standards of the transactions of
the Redcliffe Hospital Foundation for the financial year 1 July 2008 to 30 June
Basis for Qualified Auditor's OpinionDonations, reported in Note 2 as $78,582 (2008: $509,035), are a significant source of
revenue for the Redciiffe Hospital Foundation. Due to the inherent nature of the donations
received, the Foundation has determined that it is impracticable to establish control over
the collection of donations prior to the entry into its financial records. Accordingly, as the
evidence available to me regarding revenue from this source was limited, my audit
procedures with respect to donations had to be restricted to the amounts recorded in the
financial records. I am therefore, unable to express an opinion on the completeness of
donation revenue and whether all donations received by the Foundation have been brought
to account and recorded in the Financial Report. My report for 2007-08 was also qualified
on this basis.
IndependenceThe Auditor-General Act 2009 promotes the independence of the Auditor-General and
QAO authorised auditors. The Auditor-General is the auditor of all Queensland public
sector entities and can only be removed by Parliament.
The Auditor-General may conduct an audit in any way considered appropriate and is
not subject to direction by any person about the way in which audit powers are to be
exercised. The Auditor-General has for the purposes of conducting an audit, access to
all documents and property and can report to Parliament matters which in the Auditor
General's opinion are significant.
Partnering with community in the Moreton Bay Region
ABI-.J 70669026 131
108 Anzac Avenue Redcliffe Queensland 4020
Postal Address: Locked Mail Bag 1 Redcliffe Queensland 4020
Telephone: 07 3883 7105
Hours: Monday - Friday 8.30 am - 4 pm
Website: www.rhfoundation.com.au
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