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Annual Report 2013-2014
Financial Report for the Year Ended 31 August 2014
ADDITIONAL MEMBER INFORMATION
INCOME AND EXPENDITURE STATEMENT
FOR THE YEAR ENDED 31 AUGUST 2014
2014 2013
$ $
REVENUE 522,952 481,579
Net revenue from operations: 263,847 242,208
– Bar trading account 149,208
– Catering trading account 83,872 542,269
– Golf retail trading account 529,127
– Other income from golf operations
– Membership income 2,615,492 2,581,537
439,232 283,517
- Subscriptions, insurance and locker fees
- Entrance fees 550 3,503
Non-operating revenue 53,050 40,394
– Cottesloe Open (1,339) (18,276)
– Sundry income 32,035 33,711
– Net (loss) on sale of property, plant and equipment 4,538,818 4,339,650
– Interest income
5,715 3,901
EXPENDITURE 58,387 28,279
Advertising 19,000 25,789
Affiliation fees 16,232
Audit fees 1,509
Bad debt expenses 3,608 1,711
Bank charges 75,010 71,394
Cleaning and club amenities 50,049 35,617
Club entertainment expenses 62,325 61,056
Club insurance 112,377 95,117
Consultancy fees 213,423 192,937
Course maintenance 471,766 517,742
Depreciation and amortisation 194,089 161,171
Electricity, fuel and oil 2,404,973 2,227,264
Employee expenses 102,060 107,528
Fertiliser, seed and chemicals 2,608
Freight paid 2,064 23,671
General expenses 28,156 33,758
General computer maintenance 49,945 126,900
House maintenance 125,098
6_0700 Page 18 of 22
Financial Report for the Year Ended 31 August 2014
ADDITIONAL MEMBER INFORMATION
INCOME AND EXPENDITURE STATEMENT
FOR THE YEAR ENDED 31 AUGUST 2014
2014 2013
$ $
REVENUE 522,952 481,579
Net revenue from operations: 263,847 242,208
– Bar trading account 149,208
– Catering trading account 83,872 542,269
– Golf retail trading account 529,127
– Other income from golf operations
– Membership income 2,615,492 2,581,537
439,232 283,517
- Subscriptions, insurance and locker fees
- Entrance fees 550 3,503
Non-operating revenue 53,050 40,394
– Cottesloe Open (1,339) (18,276)
– Sundry income 32,035 33,711
– Net (loss) on sale of property, plant and equipment 4,538,818 4,339,650
– Interest income
5,715 3,901
EXPENDITURE 58,387 28,279
Advertising 19,000 25,789
Affiliation fees 16,232
Audit fees 1,509
Bad debt expenses 3,608 1,711
Bank charges 75,010 71,394
Cleaning and club amenities 50,049 35,617
Club entertainment expenses 62,325 61,056
Club insurance 112,377 95,117
Consultancy fees 213,423 192,937
Course maintenance 471,766 517,742
Depreciation and amortisation 194,089 161,171
Electricity, fuel and oil 2,404,973 2,227,264
Employee expenses 102,060 107,528
Fertiliser, seed and chemicals 2,608
Freight paid 2,064 23,671
General expenses 28,156 33,758
General computer maintenance 49,945 126,900
House maintenance 125,098
6_0700 Page 18 of 22
