aba annual report 2015

1

2 0 1 5

W W W. A K L B A D M I N TO N .C O M

ANNUAL REPORT

2

CONTENTS

COMPETITIONS

12 AT A GLANCE

13 AUCKLAND INTERNATIONAL

14 INTERCLUB

15 SOCIAL

16 SCHOOLS

17 UNIVERSITY

02

06 PRESIDENT’S REPORT

07 CHAIRPERSON’S REPORT

08 GM’S REPORT 01 GOVERNANCE

20 AT A GLANCE

21 COMMUNITY

22 REPRESENTATIVE

24 DEVELOPMENT

25 NZ HONOURS

03 DEVELOPMENT & COMMUNITY

28 FINANCIAL COMMENT

30 FINANCIAL STATEMENT

51 OUR PARTNERS 04 FINANCIALS

3

PATRON Heather Robson MNZM

VICE-PATRON Malcolm Rowsell

PRESIDENT Alauddin Khan

CHAIRPERSON Julie Paterson

EXECUTIVE BOARD Rhona Bramwell, Mike Elliot, Anthony Marter, Robert Bryce, Boris Shah (Resigned in March)

GENERAL MANAGER John McGregor

LIFE MEMBERS J Robson MBE, D Light, H Robson MNZM, M Rowsell, W Greaves, A Dickinson, R Westbrooke, R Walbridge, C Simms, B Stevens, S Smith, V Wong

4

GOVERNANCE

06 PRESIDENT’S REPORT

07 CHAIRPERSON’S REPORT

08 GM’S REPORT

6

It is with immense pleasure and honour I am presenting my first report as President of

Auckland Badminton. The year 2015 has been a year of progress despite having one less

pair of hands on the board – as elected member Boris Shah grabbed an overseas career

opportunity; as a result he resigned from the board during the first quarter of the year. I

would like to thank Boris for his contributions to the board during his tenure with ABA.

I would like to express my gratitude to Julie Paterson for stepping up and taking the role of

Chairperson. I would also like to thank each board member for their dedication, notably

their many hours of hard work to formulate the strategic plan.

The yearly highlights include a financial surplus of $50,901, acceptance of our

Constitution, adoption of a strategic plan, and concepts for a facility upgrade.

There are noteworthy performances at the rep level, significant involvement in school and

community programmes, and also noticeable coaching program improvements.

My gratitude to John McGregor and his team for the hard work they have been putting

into the operations of this great charitable sporting organisation.

Please allow me to thank all our affiliated clubs for their feedback, support and

participation in various events organised by ABA throughout the year. Let me say thank

you to each and everyone involved in various sub-committees. Thanking our players

(juniors to super vets), coaches, technical officials, life members, funders/sponsors and

volunteers.

I would like to also congratulate all the winning Representatives of ABA for their

achievements in various competitions.

A huge congratulations and best wishes to:

Ben Hillier & Sally Fu for being selected for the U19 Junior World Championships.

Thomas Hillier, Janice Jiang & Sonia Lu for being selected for the U15 Trans Tasman test.

Alauddin Khan

President

PRESIDENT’S REPORT 01 GOVERNANCE

7

I have thoroughly enjoyed my year as Chair of the Auckland Badminton Board. The past 12

months has been a time to consolidate a lot of previous planning and thinking, and to

incorporate that in to our guiding document, the strategic plan. We began the process of

developing the strategic plan with a community consultation meeting. It was great to have

so many take part and give such constructive ideas about the purpose of Auckland

Badminton and the ways in which you want our organisation to support Badminton in the

community. The strategic plan was approved by the board in August and we are now

prioritising the activities for the next 3 years. An annual plan has been prepared for 2016

which details the activities that will be completed to meet the goals of the strategic plan.

One of the key priorities that was highlighted of course, was the Auckland Badminton

facility. We have made good progress with the board now accepting a staged program for

re-development of the facility. Funding this project is a major issue and the board will be

required to contribute to the cost with seed funding to gain partnership funding from key

organisations. It has been important to take a staged approach for this reason, and a

maintenance plan will sit alongside the redevelopment plan. Other big bodies of work

include ensuring our Health and Safety policies and procedures will meet the new laws,

and risk management is also a major priority for the board.

I would like to thank the board for all of your valuable and constructive support this year.

We are making great progress and this can only happen with forward thinking and aligned

views. We are all volunteers and it’s a great working with people so willing to give their

time to our sport. Also a huge thanks to John and his team. It is a difficult challenge

working in the regional sport space, there is never enough money or time to do everything

we collectively would like done. I really appreciate all of the work, extra time and energy

that you all put in. I would also like to thank Alauddin Kahn who is an excellent President

of Auckland Badminton and adds greatly to the board and our discussions.

I look forward to another successful year both on and off the court. Auckland Badminton is

in a stable position financially which allows us to continue with our forward thinking and

our ability to deliver to our sport.

Julie Paterson

Chairperson

CHAIRPERSON’S REPORT GOVERNANCE 01

8

We have successfully achieved a number of positive results this year, although as always

have had a number of setbacks.

Our financial performance has continued to provide sustainability whilst delivering on areas

that the Association needs such as growth and improving capability with systems and

maintenance programs. In 2015, the Board has managed to gain the approval of the

updated constitution from the Charities Commission and Companies Office which was

approved earlier in the year, this was a delicate process considering the pressure that non-

profit sports organisations are currently facing in regards to the purpose of their operations.

Having not had a great deal of structure in previous years we have also completed a

thorough review of the Association’s priorities and direction that has resulted in a forward

thinking community focused strategic plan being introduced that will give us a guiding point

for the next four years.

Having an enhanced knowledge in the direction and specific outcomes that we are all

striving towards, will strengthen our position in the sports sector so thank you to all who

attended our consultation evenings associated with this process, and to the board for their

contribution ensuring that we were clear on the expectations required to be a top

performing sport in a competitive market.

Our representatives in both individual and team events produced a number of fantastic

results this year. Congratulations to all the players, teams, and coaches involved. Particular

mention must go to the Under 19s and 17s who both won gold, as well as the number of

individuals who produced the same success at the various national events. From a

development perspective we had a number of our representatives selected for New

Zealand teams, notably Ben Hillier and Sally Fu who represented our country at the Junior

World Championships in Peru, both of whom continue to shine at the youth level and

further develop their abilities. This is great recognition for their commitment and efforts

throughout the year and it highlights the support and programs Auckland Badminton has in

place to assist them to reach these levels.

Our relationship with Badminton New Zealand continues to strengthen and this can be seen

by the continued development in partnership and support which is seen through the

coaches involved with BNZ, and the Auckland International continuing to be hosted by our

GM’S REPORT 01 GOVERNANCE

9

Association which is important for the exposure, profile and opportunities to our players.

We continue to commit to ensuring there is a stronger partnership and alignment and that

the benefits for our organisation will be significant so that the future is bright as we work

towards achieving greater outcomes and results for badminton particularly around

information and resource. Increased delivery into schools has seen significant growth and

new opportunities provided to players, clubs, and after schools programs.

Staff changes since the last AGM has seen Daniel Waugh leave to move overseas, the work

done by him highlighted significant shortfalls and difficulties in accessing information and

providing consistent communication. We welcomed two new members to the team Benny

Ng who commenced in September as the new Pro Shop Manager and brings retail

experience and energy to the role. He has already made a difference to the Pro Shop with

presentation and management skills. Also, Jarvie Tunnicliffe joins us as the new Events

Manager and commenced his role in August. We welcome them both on board and look

forward to seeing good progress and change and wish them all the best in their roles.

Finally, a big thank you must go to our funding partners NZCT, Lion Foundation, North

Foundation, Pub Charity, Four Winds, Trillian, and Infinity for all their support in helping us

grow badminton in Auckland. Regional Sport Trusts Auckland and Counties Manukau Sport

for their continual support and contributions to clubs, schools and the community and

Auckland Council to community development. Without their support we would not have

achieved the results we have this year or what we are striving for.

Finally, thank you to our team who have worked relentlessly this year through some

challenging times as we prepare our organisation for the near future, yet have achieved

some amazing results. Furthermore, Yvonne McKay led the way for our Masters

Committee with her commitment and contribution which has been again invaluable this

year.

Finally the board, it is another big thank you as we have achieved some positive outcomes

this year and I thank you for your support.

John McGregor

General Manager

GOVERNANCE 01

10

COMPETITIONS

12 AT A GLANCE

13 AUCKLAND INTERNATIONAL

14 INTERCLUB

15 SOCIAL

16 SCHOOLS

17 UNIVERSITY

12

AT A GLANCE 02 COMPETITIONS

1,470 SECONDARY SCHOOL

PLAYERS ENTERED INTO

OUR COMPETITIONS

6 6 COMPETITIONS ORGANISED

THIS YEAR BY

AUCKLAND BADMINTON

20

TEAMS ENTERED INTO

SENIOR INTERLCUB

REPRESENTING 4 CLUBS

362 MEDALS DISTRIBUTED

PLAYERS ENTERED OUR

SOCIAL COMPETITIONS

4 5 5

49

TEAMS ENTERED INTO

JUNIOR INTERLCUB

REPRESENTING 7 CLUBS

13

AUCKLAND INTERNATIONAL COMPETITIONS 02

This year the Auckland International was organised by Badminton New Zealand in a

partnership that allowed our events team to focus on a number of other key events during

this period of the season, whilst still seeing our venue host this popular Level 4

tournament that attracted 117 players from 13 countries.

The event continues to attract mostly athletes from the Asia-Pacific region, and as has

been seen in previous years, a strong Chinese Taipei contingent was present. With points

gained from this year’s event counting towards Olympic Games qualification the

competitiveness shown on the court was high. The strong team of 35 from Chinese Taipei

continued to dominate this event appearing in every final, with New Zealand’s best result

coming from Kevin Dennerly-Minturn and Susannah Leydon-Davis, who grabbed the

bronze medal in the Mixed Doubles. Furthermore, the youth players of New Zealand

featured well throughout this event with many making it through a few brackets on the

ladder, in doing so providing them with some fantastic exposure to the professional game.

MEN’S SINGLES

Chia Hung Lu Chinese Taipei

MEN’S DOUBLES

Darren Isaac Devadass Malaysia

Vountus Indra Mawan

C H A M P I O N S - 2 0 1 5

WOMEN’S SINGLES

Chia Hsin Lee Chinese Taipei

WOMEN’S DOUBLES

Setyana Mapasa Australia

Gronya Somerville

MIXED DOUBLES

Chia-Han Lee Chinese Taipei

Chia Hsin Lee

14

Our Interclub structure has not been changed for over 10 years, and with it we have seen a

decline in entries for both senior and junior competitions. In an attempt to rejuvenate this

essential part of our portfolio, Auckland Badminton introduced a number of formats in

what was a trial and transition season whilst maintaining the core aspects of the historical

structure.

New components introduced included different pricing strategies, the ability for non-

members to participate, and a wide range of formats ranging from singles to teams, and

half court and full court competitions. Furthermore, we investigated the length of

competitions throughout the year with a range of 5 to 10 week leagues being developed

and the introduction of online entries.

Having gained a greater understanding of what attracts our members to enter into Interclub

competitions we will look to implement a new and improved interclub structure in the

coming years.

INTERCLUB 02 COMPETITIONS

JUNIOR PREMIER

Lloyd Elsmore Nitrogen

Lloyd Elsmore Hydrogen

Pacific 1 Black

SENIOR PREMIER

Lloyd Elsmore 1

College Rifles 1

College Rifles 2

15

The social aspect of our competitions portfolio continues to grow with its positive appeal to

all skill levels and age groups. In 2015 we offered five different formats for our social

competitions that saw participation numbers from the general public increase.

As per our research and trials into the interclub structure, we also adopted a similar

principle to our social competitions as we strive to provide the entire community with

enjoyable and clean structures that make the sport of badminton more popular and

sustainable.

SOCIAL COMPETITIONS 02

16

The sport of badminton is rated within the top five most popular sports across the school

age groups. We continue to see strong growth at primary, intermediate, and secondary

school levels with an improvement in the playing ability evident at all levels. To cater for

this demand we have increased our program capabilities and introduced additional venues

to make it easier for entrants to attend their fixtures.

At the secondary level we had 30 schools Auckland wide entering over 290 teams into 31

grades. With our venues at capacity we will continue to ensure that we can cater for the

anticipated increase in demand for our competitions through the development of

additional venue hubs across our region.

Congratulations is extended to Auckland Grammar 1 who dominated the Premier division,

and ACG Parnell (Central Zone), and Bucklands Beach (Eastern Zone) for winning their

respective Intermediate competitions.

SCHOOLS 02 COMPETITIONS

1. Auckland Grammar 1

2. Macleans College 1


4. Saint Kentigern College

5. Epsom Girls Grammar

6. Kings College

7. Macleans College 2


SENIOR PREMIER STANDINGS

17

With our commitment to ensure that meaningful competitions are available to both casual

and dedicated players, we continue to grow and improve our University events to maintain

engagement with the youth age group. In its third year now, we had four teams enter into

the University Super League which saw the University of Auckland receive their first title.

Interest in this event is on the incline with the desire from Universities to partake spanning

the country. Our second competition is an interfaculty focused tournament held over two

days. This event provides consistent interest from the local University.

UNIVERSITY COMPETITIONS 02

18

DEVELOPMENT & COMMUNITY

20 AT A GLANCE

21 COMMUNITY

22 REPRESENTATIVE

24 DEVELOPMENT

25 NZ HONOURS

19

DEVELOPMENT & COMMUNITY

20

AT A GLANCE 03 DEVELOPMENT & COMMUNITY

557 RACKETS PROVIDED TO

FIRST TIME PLAYERS

O V E R

$322,OOO IN FUNDING RECEIVED FOR

THE DEVELOPMENT OF THE

GAME IN OUR COMMUNITY

1,538 AFFILIATED PLAYERS

35

SCHOOLS VISITED BY

OUR COACHES

CHILDREN PARTICIPATED IN

OUR SCHOOL PROGRAMS

7,114

38,684

HOURS OF COURT

USAGE PER YEAR

21

For a past two years we have made available casual play badminton that has experienced

increasing popularity in recent times. Every Wednesday throughout the year, a mixture of

eager maestros and casual players just looking to add to their weekly health regime have

spent their lunchtime taking part in two hours of continuous game play. Due to popular

demand and attendee feedback, in the second half of the year we introduced a Friday

session that is already reaching capacity with both sessions having a demographic that is

over 90% general public. Further to this we have increased our casual play community

programs to four venues across Auckland including: Auckland CBD, Mount Albert,

Ponsonby, and Onehunga.

This increased exposure to the Auckland community has assisted us in obtaining a three

year facility partnership with the YMCA, providing us to not only further our reach within

the region but also provides our high performance players with access to strength and

conditioning facilities to aid their athletic development. In addition to this, we have secured

a three year development grant from Foundation North with the emphasis based on

developing the interest and participation of our game within schools.

To assist us in delivering a modern and forward thinking communications strategy to our

clubs and community, our website underwent a full rejuvenation and is now on a

responsive platform and has been aligned to provide users with a simple informative

structure. During this process we took the opportunity to start to realign our brand identity

through obtaining our new domain name www.aklbadminton.com which presents our

identity more clearly.

COMMUNITY DEVELOPMENT & COMMUNITY 03

2015 FUNDERS

TOTAL: $322,393

22

REPRESENTATIVE 03 DEVELOPMENT & COMMUNITY

The Auckland U19’s team had a nail-biting time on the way to winning the trophy with

countback victories over Auckland 2 during pool play and North Harbour in the final. Both

of these ties came down to one game (set) deciding the result. A strong Auckland 2 team

finished with the Bronze to give Auckland a Gold and Bronze in the U19 event.

Also claiming a trophy was our U17’s team who repeated their 2014 feat showing their

dominance over fellow finalists North Harbour, posting a final score of 13-3 and defeating a

team led by senior national champion Oscar Guo. Unfortunately, the roles were reversed in

the U15 category with North Harbour outclassing us in the final. Our second team in this

age group had a good tournament losing out on a close battle with Waikato in the bronze

medal playoff.

With the introduction of the U13’s division Auckland sent down two developing teams to

compete. Our inexperienced teams provided a positive result with both teams reaching the

top four playoffs.

J U N I O R S

23

For another season our Masters selections continued to achieve success. This year we were

represented by six Masters, four Vets, and three Super Vets squads and although not all

squads had winning seasons, the group continues to provide our organisation with a

number of medal placings.

The annual tournament saw a number of grades combined due to low entries, resulting in

only one third of the planned format to be completed. Despite this, the 61 who took part

produced some fantastic matches

This season saw the number of Auckland players representing the association double from

2014. High achievers, Kevin Dennerly-Minturn regained his Mixed Doubles title and

Michelle Chan her Women’s Singles title at the National Championships. To add to his

collection, Kevin also received the Men’s Doubles silver medal at the Oceania

Championships.

With the Wisden and Slazenger Cups being held in Invercargill this year, it was difficult for

us to enter a full strength squad due to personal commitments resulting in a number of key

members being unavailable. This resulted in two very young teams representing us, with

commendable mid table finishes gained in both competitions, having narrowly lost a

number of key ties. Our divisional teams Auckland 3 finished mid table whilst Auckland 4

picked up 8th spot retaining their position in Division 3.

The Auckland U23’s team narrowly missed out on claiming the gold medal in their

championship, losing out to a North Harbour team featuring a number of guest players. In

the individual events at this level Auckland players: Rowena Devathasan, Samuel Ho and

Riga Oud picked up national titles in the Women’s Singles and Men’s Doubles respectively.

DEVELOPMENT & COMMUNITY 03

S E N I O R S

M A S T E R S & V E T E R A N S

24

DEVELOPMENT 03 DEVELOPMENT & COMMUNITY

This year we delivered badminton programs to over 35 schools across the Auckland area

interacting with over 6,300 students and an audience exposure of over 21,000 potential

future badminton players. For the majority of these students it was their first exposure to

the sport, and they enthusiastically participated in lunchtime sessions, and after school

programs.

A highlight from this engagement was with the 128 students from Papatoetoe North

Primary for who we delivered two school holiday programs, from which many of these

students continued their new found passion for the sport by visiting their local club.

Our after school Tigers program that focuses on getting more 11-18 year olds into the

game saw the introduction of three new venues this year up from the sole venue that we

launched the program at last year.

Having recognised a need for the development of young girls in badminton, we launched a

new program called Shuttle Girls that provides a fantastic coaching environment just for

girls with the intention to enhance the ability of our representative squads in the U13 age

group.

Our coaching development program was enhanced this year by providing coaches with a

greater opportunity to develop their instruction through being aligned more directly with

our squads. With up to 30 players per squad, a head coach was assigned with 2 additional

assistant coaches, thus providing the opportunity for not only our coaches to improve but

also our players as they are exposed to more direct coaching instruction and are mentored

in a consistent manor. Furthermore we developed 18 new coaches through a Shuttle Time

course who are now in conjunction with Kiwisport, delivering badminton into schools, and

at the same time presenting this resource to teachers.

25

NZ HONOURS DEVELOPMENT & COMMUNITY 03

UNDER 13

Daniel Yang

Jerry Jian

Lucas Mitchell

Ashley Tan

UNDER 15

Janice Jiang

Sonia Lu

Rachel Li

UNDER 17

Sally Fu

Dacmen Vong

Rodger Yang

UNDER 19

Ben Hillier

Rowena Devathasan

Daxxon Vong

Sally Fu

UNDER 23

Samuel Ho

Riga Oud

Rowena Devathasan

Lilian Shih

Jasmin Ng

Maria Masinipeni

SENIOR

Michelle Chan

Kevin Dennerly-Minturn

Samuel Ho

Riga Oud

Sally Fu

Rowena Devathasan

WD

MD

MD

MS

WD

WS

XD

WD

MD

WS

XD

MD

XD

XD WD

WD

MD

WS

MD

MS MD

MD

WD

WD

WD

WS

MD

WS

XD

WD

WD

MD

MD

U19

U13

U23

U15 U17

U19

OCEANIA YOUTH CHAMPIONSHIPS

Daxxon Vong Dacmen Vong

Sally Fu Ben Hillier

Rowena Devathasan Eric Li

Harrison Jin Celine Shao

U15 TRANS TASMAN CHALLENGE

Thomas Hillier Janice Jiang

Sonia Lu

Ben Hillier Sally Fu

REPRESENTATIVE TEAMS

NZ REPRESENTATIVE HONOURS

26

FINANCIALS

28 FINANCIAL COMMENT

30 FINANCIAL STATEMENT

51 OUR PARTNERS

27

FINANCIALS

28

Positive annual result of $50,901

Stadium income increased by $41,277

Total Equity increased 1.8% to $2,919,831

2015 was the fourth straight year Auckland Badminton Association has recorded a strong

surplus. This is rewarding in a year that we placed a heavy emphasis and investment on

confirming regulatory documents and planning and consultation aspects for the impending

facility upgrade and improvement.

Furthermore , this year we introduced new accounting management software which will

also be utilized in the Pro Shop, and have invested into an upgrade of our overall

membership management system to more efficiently serve our community.

FINANCIAL COMMENT 04 FINANCIALS

2 0 1 5 F I N A N C I A L H I G H L I G H T S

29

FINANCIALS 04

TOTAL EXPENSES: $1,864,378

ADMINISTRATION

EVENTS

COACHING

FACILITY

OPERATIONS

COMMUNITY

COST OF SALES

B U D G E T E D E X P E N S E S F O R 2 0 1 6

TOTAL REVENUE: $1,870,090

ADMINISTRATION

EVENTS

COACHING

FACILITY

OPERATIONS

COMMUNITY

OTHER

B U D G E T E D R E V E N U E F O R 2 0 1 6

30

04 FINANCIALS

ADMINISTRATION 2015 2014

Administration & Stadium

Income 501,673 460,396

Expenses 428,995 362,940

Net Profit (Loss) 72,678 97,456

EVENTS

Event Administration

Income 21,072 -

Expenses 91,122 25,806

Net Profit (Loss) (70,050) (25,806)

Inter Club Events

Income 33,171 65,462

Expenses 20,332 27,643


Sanction

Income 11,561 77,086

Expenses 5,969 56,735


Casual Competitions

Income 47,332 6,250

Expenses 28,924 2,328


Schools

Income 55,552 48,517

Expenses 20,913 15,585


International Events

Income 499 -

Expenses 1,493 3,494

Net Profit (Loss) (994) (3,494)

AUCKLAND BADMINTON ASSOCIATION

STATEMENT OF FINANCIAL PERFORMANCE

FOR THE YEAR ENDED 30 SEPTEMBER 2015

FINANCIAL STATEMENT

31

FINANCIALS 04

COACHING & DEVELOPMENT 2015 2014

Coaching Administration

Income 85,440 -

Expenses 159,263 18,148

Net Profit (Loss) (73,823) (18,148)

Schools

Income 98,228 19,116

Expenses 66,254 21,353

Net Profit (Loss) 31,974 (2,237)

Coaching Programs

Income 83,987 30,022

Expenses 51,423 21,058


Representatives

Income 174,587 179,507

Expenses 160,190 146,589


COMMUNITY DEVELOPMENT

Community Development Administration

Income 27,750 -

Expenses 36,123 39,769

Net Profit (Loss) (8,373) (39,769)

Clubs and Facilities

Income 3,609 -

Expenses 2,784 -

Net Profit (Loss) 825 -

New Programs

Income 13,716 50,375

Expenses 11,944 13,476


32

04 FINANCIALS

OPERATIONS 2015 2014

Operations Administration

Income - -

Expenses 20,810 44,073

Net Profit (Loss) (20,810) (44,073)

Pro Shop

Income 303,945 314,782

Cost of Goods Sold 173,014 215,932

Expenses 77,946 35,847


Cafe

Income 56,711 69,415

Cost of Goods Sold 29,716 33,718

Expenses 53,170 47,088

Net Profit (Loss) (26,175) (11,391)

Total Net Profit (Loss) From Operations 78,448 189,346

Add:

Interest Received 37,596 27,068

Dividends Received 345 -

Gain on Sale/Disposal of Asset - -

Prior Period Adjustments - 6,900

37,941 33,968

Less:

Depreciation 65,488 59,690

Gain on Sale/Disposal of Asset - -

Prior Period Adjustments - (12,641)

65,488 47,049

Net Profit/ (Loss) For the Year 50,901 176,265

33

FINANCIALS 04


STATEMENT OF MOVEMENT IN EQUITY


2015 2014

Accumulated Income at Beginning of Year 236,643 160,378

Net Profit/(Loss) for Period 50,901 176,265

Less: Transferred to Building Maintenance Reserve - 100,000

Accumulated Income at End of Year 287,544 236,643

Reserves

Building Maintenance

Maintenance Reserve - Stadium 144,559 44,559

Add: Additions Made During the Year - 100,000

144,559 144,559

Building Revaluation

Accumulated Reserves at Beginning of Year 2,487,728 2,487,728

Increase in Valuation of Building - -

Accumulated Revaluation Reserves at Beginning of Year 2,487,728 2,487,728

Total Reserves at End of Year 2,632,287 2,632,287

Accumulated Funds at End of Year 2,919,831 2,868,930

34

04 FINANCIALS


STATEMENT OF FINANCIAL POSITION


CURRENT ASSETS 2015 2014

ASB - Cheque Account 21,954 61,472

ASB - Junior Fast Saver 139,045 558,443

ASB Saving Plus 586,530 -

Retail Manager - Clearing Accounts 13,912 -

Petty Cash 500 228

Café Float 193 193

Trade Debtors 45,904 53,213

Provision for Doubtful Debts (8,000) -

Pre Payments 28,646 13,413

Interest Receivable 6,980 7,607

Inventory - Café 3,499 3,106

Inventory - Pro Shop 86,291 60,843

Other Current Assets 22,529 6,436

Total Current Assets 947,983 764,954

NON-CURRENT ASSETS

Fixed Assets 2,039,560 2,070,466

Term Deposits 287,299 275,839

Total Non-current Assets 2,326,859 2,346,305

Total Assets 3,274,842 3,111,259

35

FINANCIALS 04

LESS CURRENT LIABILITIES 2015 2014

Accounts Payable 125,362 76,562

Accruals 89,079 52,389

Grants and Advance

- Foundation North 29,099 30,700

- Lion Foundation 7,948 11,870

- NZ Community Trusts - 2,738

- Pub Charity 5,000 3,351

- Others 14,447 4,000

Income in Advance

- Lighting Cards 47,555 37,498

- Kiwis Sport 9,584 14,856

- Other 23,833

Clearing Accounts 780 -

GST Owing to IRD 2,236 8,363

Total Current Liabilities 355,011 242,326

Net Assets 2,919,831 2,868,933

EQUITY

Retained Earnings B/F 236,643 160,378

Net Surplus for Year 50,901 76,268

Revaluation Reserve 2,487,728 2,487,728

Maintenance Reserve 144,559 144,559

Total Reserves 2,632,287 2,632,287

Total Assets 2,919,831 2,868,933

These financial statements for the year ended 30 September 2015 are signed for and on

behalf of the Auckland Badminton Association Incorporated by:

Chairperson General Manager

Date: 24 November 2015 Date: 24 November 2015

36

1. STATEMENT OF ACCOUNTING POLICIES

REPORTING ENTITY

The financial statements presented here are for Auckland Badminton Association Inc.

The Association is an incorporated society registered under the Incorporated

Societies Act 1908 and is subject to the provisions of the Act.

The Association qualifies for differential reporting as it is not publicly accountable and

as it is not large as defined in the Framework for Differential Reporting. The

Association has taken advantage of all available differential reporting exemptions.

The financial statements have been prepared on the basis of historical cost with of

certain items for which specific accounting policies are identified. Accrual accounting

is used to match expenses and income.

SPECIFIC ACCOUNTING POLICIES

The following specific accounting policies which materially effect the measurement of

financial performance and financial position have been applied.

(a) Fixed Assets & Depreciation

Fixed assets are stated at cost less accumulated depreciation, with the exception of

buildings, the exception which are revalued bi-annually to the valuation of a

registered valuer and are stated at valuation less accumulated depreciation.

Unrealised surpluses arising on revaluations ae transferred to the Building Revaluation

Reserve account.

Depreciation has been calculated so as to write the cost off over the assets’ estimated

lives. Economic lives for the main categories of fixed asset are estimated at:

8 years Fixtures & Fittings

2 -14 years Stadium Equipment, 5 years Café Equipment

8 years Pro Shop Equipment, 8 years Office Equipment

04 FINANCIALS


NOTES TO THE FINANCIAL STATEMENT


37

(b) Goods & Services Tax

The statement of Financial Performance has been prepared so that all components

are stated exclusive of GST. All items in the Statement of Financial Position are stated

net of GST, with the exception of account receivables and payables.

(c) Inventories

Stocks are recorded at the lower of cost (determined on a first in first out basis) and

the net realisable value.

(d) Receivables

Receivables are stated at their estimated realisable value. Bad debts are written off in

the year in which they are identified.

(e) Investments

Investments are carried at cost, or cost plus accumulated interest, where investments

are compounded.

(f) Liabilities

Liabilities are stated at the estimated amounts payable and include all obligation that

can be reliably estimated. Current liabilities include the amounts payable within

twelve months of these financial statements.

(g) Income Tax

No provision for Income Tax has been made as there is no current or deferred tax

payable. The Association’s income is exempt income under Sections CW 41 and CW

42 of the Income Tax Act 2007.

The Association is registered charity from 30 June 2008, under the Charities Act 2005.

(h) Income in Advance

Deposits on lighting cards represent a liability of the Association, as they are funds

that members have paid onto their cards but have not yet used. Funds added to cards

are recorded as income when they are used by the booking of court time.

FINANCIALS 04

38

(i) Grants & Donations

Grants and donations received are recognised as income when they are actually spent

in compliance with the terms of the grant or donations. The Association has a liability

to repay the grants or donations if the requirements of the grants or donations are

not fulfilled. A liability is recognised to the extent that such conditions are not fulfilled

at the end of the reporting period.

(j) Employee Entitlements

Provision has been made for the Association’s liability for annual leave and has been

calculated on an actual accumulated entitlement basis at current rates of pay to settle

the Association’s obligation as at balance date.

k) Lease Commitments

The Association has entered into a non-cancellable operating lease agreement with

Fuji Xerox NZ Ltd in respect of two photocopiers. Under the lease, the lessors

effectively retain all risks and benefits of ownership and the lease payments are

expensed in the period in which they are incurred. The lease commenced in

September 2012 and expires in August 2016. Fuji Xerox NZ Ltd has a registered

security over the photocopiers.

2 CHANGES IN ACCOUNTING POLICIES

There have been no material changes in accounting policies since the previous

financial statements.

3 CONTINEGENT LIABILITIES

At the balance date there is no known contingent liability (2014: Nil).

The Association has not granted any securities in respect of liabilities payable by any

other party whatsoever.

4 There are no commitments for capital expenditure at the balance date (2014: Nil)

5 Previous year figures are re-classified for meaningful comparison.

04 FINANCIALS

39

FINANCIALS 04

6 FIXED ASSETS

THIS YEAR Cost Depn Acc Depn Bk Value Add

Buildings 2,500,000 50,000 (522,110) 1,977,890 -

Ground Improvements 58,975 1,660 (47,831) 11,144 -

Proshop Fittings/Equipment 28,169 840 (24,518) 3,651 3,500

Computers 60,186 3,166 (34,709) 25,477 24,046

Plant & Equipment 282,120 7,542 (262,840) 19,280 7,036

Furniture & Fittings 97,048 6 (97,048) - -

Office Equipment 31,011 246 (30,728) 283 -

Café Equipment 19,316 2,028 (17,481) 1,835 -

3,076,825 65,488 (1,037,265) 2,039,560 34,582

LAST YEAR Cost Depn Acc Depn Bk Value Add

Buildings 2,500,000 44,220 (472,109) 2,027,891 -

Ground Improvements 58,975 1,475 (46,171) 12,804 -

Fittings 24,669 810 (23,679) 990 -

Computers 36,140 2,189 (31,544) 4,596 -

Equipment 275,084 6,518 (255,298) 19,786 -

Furniture & Fittings 97,048 76 (97,041) 7 -

Office Equipment 31,011 539 (30,482) 529 -

Café Equipment 19,316 3,863 (15,453) 3,863 -

3,042,243 59,690 (971,777) 2,070,466 -

7 FUNDING

FUNDING 2015 2014

Administration 22,486 -

Events 46,306 -

Coaching & Development 213,226 -

Community & Development 40,375 15,064

Total Funding 322,393 15,064

40

04 FINANCIALS

DIRECT PROGRAM EXPENSES 2015 2014

Administration - -

Events 101,723 105,785

Coaching & Development 184,217 159,624

Community & Development 13,462 4,770

Total Direct Program Expenses 299,402 270,179

8 DIRECT PROGRAM EXPENSES

9 ADMINISTRATION & STADIUM

OPERATING INCOME 2015 2014

Affiliation Fees 43,074 42,014

Court Hire 401,872 377,465

Funding 22,486 -

Memberships 26,995 33,328

Rents 6,523 6,169

Others 723 1,420

Total Operating Income 501,673 460,396

EXPENSES

Cost of Sales 2,083 5,948

Recharges (84,110) -

Salaries & Wages 222,506 158,407

Personnel & Contractors 19,716 14,458

Administration 90,956 77,843

Stadium 81,358 79,660

Finance 17,793 15,337

Professional Fees 33,700 6,638

Repairs & Replacements 44,134 3,750

Promotions & Marketing 859 899

Total Operating Expenses 428,995 362,940

Net Profit/(Loss) From Operations 72,678 97,456

41

FINANCIALS 04

10 EVENTS

2015 2014

Total Events Income 169,187 197,315

Total Events Expenses 168,753 131,591

434 65,724


Funding 20,199 -

Other Income 873 -

Total Events Administration Income 21,072 -

OPERATING EXPENSE

Recharges 30,978 -



Administration 228 780

Repairs & Replacements 123 -

Total Events Administration Expense 91,122 25,806

Net Profit/(Loss) From Events Administration (70,050) (25,806)

a) EVENTS ADMINISTRATION

b) INTER CLUB


Stadium - Court Hire 2,112 -

Funding 10,811 -

Entry Fees 19,960 65,462

Other Incomes 288 -

Total Inter Club Income 33,371 65,462

OPERATING EXPENSE

External Courts - 23,436

Shuttles 10,080 1,814

Internal Courts 7,667 -

Other Expense 2,585 2,393

Total Inter Club Expense 20,332 27,643

Net Profit/(Loss) From Inter Club 12,839 37,819

42

04 FINANCIALS


Entry Fees 11,561 77,086

Total Sanction Income 11,561 77,086

OPERATING EXPENSES

External Courts 1,926 20,543

Fees & Levies 433 -

Shuttles - 490

Internal Courts 870 -

Other Expenses 2,740 35,702

Total Sanction Expenses 5,969 56,735

Net Profit/(Loss) From Sanction 5,592 20,351

c) SANCTION


Funding 5,170 -

Entry Fees 42,162 6,250

Total Casual Competitions Income 47,332 6,250

OPERATING EXPENSES

External Courts - 2,247

Shuttles 5,187 81


Other Expenses 2,654 -

Total Casual Competitions Expenses 28,924 2,328

Net Profit/(Loss) From Casual Competitions 18,408 3,922

d) CASUAL COMPETITION

43

FINANCIALS 04


Stadium - Court Hire 1,990 -

Funding 4,691 -

Entry Fees 48,146 48,517

Other Income 725 -

Total School Income 55,552 48,517

OPERATING EXPENSES

Personnel & Contractors 240 -

Administration 536 -




Total School Expenses 20,913 15,585

Net Profit/(Loss) From Schools 34,639 32,932

e) SCHOOLS


Funding 499 -

Total International Events Income 499 -

OPERATING EXPENSES

Repairs & Replacements 518 -

Other Expenses 975 3,494

Total International Events Expenses 1,493 3,494

Net Profit/(Loss) From International Events (994) (3,494)

Net Profit/(Loss) From Events 434 65,724

f) INTERNATIONAL EVENTS

44

04 FINANCIALS

11) COACHING & DEVELOPMENT


Funding 84,615 -

Other Income 825 -

Total Coaching Administration Income 85,440 -

OPERATING EXPENSES

Recharges 49,578 -


Personnel Contractors 3,764 3,624


Direct Program Expenses 1,436 -

Total Coaching Administration Expense 159,263 18,148

Net Profit/(Loss) From Coaching Administration (73,823) (18,148)

a) COACHING & ADMINISTRATION


Funding 66,972 -

Club Coaching - 4,765

Schools Coaching 31,256 8,822

Other Income - 5,529

Total School Income 98,228 19,116

b) SCHOOLS

2015 2014

Total Coaching & Development Income 442,242 228,645

Total Coaching & Development Expenses 437,130 207,148

Net Profit/(Loss) From Coaching & Development 5,112 21,497

45

FINANCIALS 04


Funding 26,775 -

Club Coaching 19,663 8,684

Coach Education - 10,320

Holiday Program Coaching 25,366 11,018

Squad Training 12,183 -

Total Coaching Program Income 83,987 30,022

OPERATING EXPENSES


Repairs & Replacements 2,760 -


Shuttles 2,400 -


Other Expenses 8 -

Total Coaching Program Expenses 51,423 21,058

Net Profit/(Loss) From International Events 32,564 8,964

c) COACHING PROGRAMS

OPERATING EXPENSES

Salaries & Wages 9,750 -



External Courts (61) -

Shuttles 5,196 7,013

Other Expenses 212 -

Total School Expenses 66,254 21,353

Net Profit/(Loss) From Schools 31,974 (2,237)

46

04 FINANCIALS


Funding 33,809 -

Holiday Program Coaching 10,426 -

Squad Training 3,722 47,346

Representative Fees 124,230 132,161

Other Income 2,400 -

Total Representative Income 174,587 179,507

OPERATING EXPENSES

Personnel & Contractors 17,535 -

Administration 53 -



Fees & Levies 11,513 -

Shuttles 7,867 4,959

Travel 62,874 -

Internal Courts 18,510 2,195


Total Representatives Expenses 160,190 146,589

Net Profit/(Loss) From Representatives 14,397 32,918

Net Profit/(Loss) From Coaching & Development 5,112 21,497

d) REPRESENTATIVES

12) COMMUNITY DEVELOPMENT

2015 2014

Total Community Development Income 45,075 50,375

Total Community Development Expenses 50,851 53,245

Net Profit/(Loss) From Community Development (5,776) (2,870)

47

FINANCIALS 04


Funding 27,750 -

Total Community Development Administration Income 55,552 -

OPERATING EXPENSES

Recharges (15,978) -

Salaries and Wages 51,333 38,895


Direct Program Expense 104 874

Total Community Development Administration Expenses 36,123 39,769

(8,373) (39,769) Net Profit/(Loss) From Community Development Administration

a) COMMUNITY DEVELOPMENT ADMINISTRATION


Funding 2,309 -

Internal Facility 850 -

Coaching 450 -

Total Clubs and Facilities Income 3,609 -

OPERATING EXPENSES


Apparel/Equipment 1,440 -

External Courts 809 -

Total Clubs and Facilities Expenses 2,784 -

Net Profit/(Loss) From Clubs and Facilities 825 -

b) CLUBS AND FACILITIES

48

04 FINANCIALS


Funding 10,660 15,064

Affiliation Clubs - 2,898

Casual Clubs 2,882 28,855

External Facility - 696

Coaching 174 2,862

Total New Program Income 13,716 50,375

OPERATING EXPENSES


Apparel / Equipment 1,555 -


Shuttles 1,600 -

Other Expenses 542 1,237

Total New Program Expenses 11,944 13,476

Net Profit/(Loss) From New Program 1,772 36,899

Net Profit/(Loss) From Community Development (5,776) (2,870)

c) NEW PROGRAMS

13) OPERATIONS

2015 2014

Total Operations Income 360,656 384,197

Total Operations Expenses 354,656 376,658


a) OPERATIONS ADMINISTRATION


Funding - -

Total Operations Administration Income - -

49

FINANCIALS 04

OPERATING EXPENSES

Recharges 4,298 -

Salaries and Wages 8,095 35,491



Finance 6,497 6,644

Repairs and Replacements 89 -

Total Operations Administration Expenses 20,810 44,073

Net Profit/(Loss) From Operations Administration (20,810) (44,073)


Sales - Product 297,356 314,782

Sales - Hire 3,837 -

Sales - Repair 2,752 -

Total Pro Shop Income 303,945 314,782

COSTS OF GOODS SOLD

Opening Stock 60,843 36,222

Purchases 198,462 240,553

259,305 276,775

Closing Stock (86,291) (60,843)

Total Cost of Goods Sold 173,014 215,932

Gross Profit / (Loss) 130,931 98,850

b) PRO SHOP

OPERATING EXPENSES

Recharges 9,979 -


Personnel & Contractors 1,455 686


Repairs & Replacements 383 348

Total Pro Shop Expenses 77,946 35,847

Net Profit/(Loss) From Pro Shop 52,985 63,003

50

04 FINANCIALS


Sales - Food 23,123 29,891

Sales - Beverages 32,518 38,254

Sales - Vending 1,070 1,270

Total Cafe Income 56,711 69,415

COSTS OF GOODS SOLD

Opening Stock 3,106 4,416

Purchases 30,109 32,408

33,215 36,824

Closing Stock (3,499) (3,106)

Total Cost of Goods Sold 29,716 33,718

Gross Profit / (Loss) 26,995 35,697

OPERATING EXPENSES

Recharges 5,255 -




Stadium 659 168

Finance 3,617 2,559

Repairs and Maintenance 1,492 134

Promotions and Marketing 22 -

Total Cafe Expenses 53,170 47,088

Net Profit/(Loss) From Cafe (26,175) (11,391)


c) CAFE

51

OUR PARTNERS FINANCIALS 04

52


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aba annual report 2015

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