CCAS annual report 2013

C

M

Y

CM

MY

CY

CMY

K

CONTENTS

Corporate Partners 2-4

Major Business Partners, Community Partners and Academy Partners 2Program Sponsors, Official Suppliers and Venues 3Photos - A Year in Review 4-5

Business Reports 6-15

Chairman’s Report 6-7Managing Director’s Report 8-10Board of Directors 11Photos - A Year in Review 12-13 Future Developments 14-15

Sport Reports 16-35

AFL 16-17Athletics (Track and Field) 18-19Basketball 20-21Future Stars 22-23Golf 24-25Netball / Netball Umpires 26-27 Rugby Union 28-29 Surfing 30-31Swimming 32-33Women’s Rugby Sevens 34-35

Honour Roll 36-37

2013 Award Recipients 362013 Awards Photos 37

Financial Statements 38-64

Directors Report 40-45Auditors Independence Declaration 46Trading Account 47Detailed Statement of Financial Performance 48-49 Statement of Comprehensive Income 50 Statement of Financial Position 51 Statement of Changes in Equity 52 Statement of Cash Flows 53-54 Notes to the Financial Statements 54-61 Directors’ Declaration 62 Independent Auditor’s Report 63-64

CCAS Annual Report 2013 I Contents 1

COMMUNITY PARTNERS

ccsf

central�coastSPORTS�FEDERATION

2 Major Business, Community and Academy Partners I CCAS Annual Report 2013

MAJOR BUSINESS PARTNERS

ACADEMY PARTNERS

SOUTH WEST SYDNEY ACADEMY OF SPORT

SOUTH WEST SYDNEY ACADEMY OF SPORT

CCAS Annual Report 2013 I Program Sponsors, Official Suppliers and Venues 3

PROGRAM SPONSORS, OFFICIAL SUPPLIERS AND VENUES

PerformancePodiatry

TRIATHLON CLUBCENTRAL COAST

IRTCC

C

M

Y

CM

MY

CY

CMY

K

Chavez Embossed Logo.pdf 1 6/03/12 5:35 PM

4 A Year in Review - Photos I CCAS Annual Report 2013

CCAS ClubsNSW Academy Games Netball Touring Squad

Josh English, RASi Parliamentary Function Guest Speaker

CCAS Swimming Squad, Awards Evening

Brandan Biddle, CCAS SRIXON Golf Squad Member

A YEAR IN REVIEW

CCAS Annual Report 2013 I A Year In Review - Photos 5

CCAS ClubsNSW Basketball Program - Boys Squad Pep Talk

CCAS Netball Program, Video Analysis Training Session

SRIXON Annual Corporate Golf Day Challenge Winners CCAS Annual Awards Evening (Mingara Recreation Club)

A YEAR IN REVIEW

As Chairman of the Central Coast Academy of Sport, it is once again very pleasing to report on another highly successful year for the organisation both on and off the sporting field.

Each year, I look forward to attending the Academy Awards Evening, where we have the unique opportunity of bringing all scholarship athletes, coaches, officials, administrators, family members, corporate partners and VIP guests together in the one room to showcase the Academy of Sport and pay tribute to the success of another year.

I congratulate each of the award winners across the sport programs and again acknowledge the outstanding achievements of

• Swimming athlete Lachlan Vane-Tempest as our 2013 Male Athlete of the Year.

• Netball athlete Lauren Moore as the 2013

Female Athlete of the Year.

• Future Stars Athlete (Boxing) Josh English recipient of the Chairman’s Award

• John and Sue Knight (Display Power), who received the prestigious Ray Sandell Award for Exceptional Service.

• Robert Stott (Athletics and Swimming) winner of the inaugural Board Of Directors Inspirational Athlete Award to recognise a gifted and talented athlete who is a true ambassador of the Academy of Sport.

At the 2013 Awards Evening in November, we announced that over 2279 athletes had benefited from Central Coast Academy of Sport programs since our launch in 200 – 2014 will surpass 2,500 through the CCAS programs. This is an extremely pleasing figure and one that each and every one of our corporate partners has

played an important role in.

Once again I was amazed by the level of professionalism of our young athletes, which was on display through their acceptance speeches and the way in which they conducted themselves as representatives of the Central Coast Academy of Sport. It is so pleasing to see that the core values and culture that we have developed at Board level is being promoted and delivered all the way through our organisation.

We are very fortunate to have a committed and dynamic team of staff and volunteers, who take strategic ideas and initiatives and turn them into future success stories for our organisation. Your support and efforts is sincerely appreciated by the Board.

I personally thank Ian Robilliard, Mike Rabbitt OAM, Carolyn Kay, Steve McWhirter and Nikki Garrett for their wise council, good humour and genuine concern for the athletes of the Central Coast of New South Wales. To Ian

CHAIRMAN’S REPORT

6 Chairman’s Report I CCAS Annual Report 2013

CCAS Chairman Mark Holton

your ongoing management and strategic direction of the Academy is appreciated and respected.

2014 will see further growth for the Central Coast Academy of Sport, which is likely to feature the introduction of exciting new sport programs and the further enhancement of existing programs to ensure they continue to offer the best possible opportunities for those involved.

Our focus of on-field skill development will continue, whilst we’ll also be further enhancing the already strong off-field personal development

and education programs we offer to athletes, coaches, officials and administrators.

We will remain true to our brand and we will continue to focus on not only creating better athletes and sportspeople, but overall better young people and citizens within our community. We are very well aware that our successes to date and our planned successes for the future are only possible through the highly valued support and contribution of our corporate partners.

With this in mind, we will remain committed to ensuring

each and every corporate partner is serviced to the highest possible standard and we will continue to work with these like-minded organisations to deliver unique benefits and rights of association with the Central Coast Academy of Sport.

To all, I extend my upmost gratitude for your support throughout 2013 and I look forward to your continued involvement with the Central Coast Academy of Sport.

Mark HoltonChairman

CCAS Annual Report 2013 I Chairman’s Report 7

OUR CORE VALUESInnovationLeading the way

IntegrityAccountable and professional

TrustOpen and honest in our dealings

EnthusiasmPassionate in the pursuit of our objectives

OUR MISSIONTo be an industry leader in the delivery of high performance training programs that will have a positive and lasting influence on the lives of our young athletes.

OUR VISIONThe Central Coast Academy of Sport will maintain the traditions of excellence to be regarded as a leading sports brand in Australia and further afield.

Ian Robilliard, Mark Holton and John Knight (Display Power) at the CCAS SRIXON Corporate Golf Day

It is with pleasure that I provide a report of the programs and operations of the Central Coast Academy of Sport (CCAS) for the year ending 2013.

The Central Coast Academy of Sport has enjoyed another successful year in 2013, significant milestones were reached and many of the program that were operated were done so with significant benefit to the many athletes who participated.

The Central Coast Academy of Sport had twelve sports programs in operation, this provided access to

330 athletes across these programs. The point of difference that is immediately noticeable is the content and quality of the coaching that the athlete receives. The fact that a committed and highly qualified coaching staff supports each program remains a foundation stone of the organisation. In all approx. fifty (50) volunteers provide a generous provision of their time to support the endeavours of the athlete and the organisation.

In 2013 O’Connor Marsden and Associates (OCM) were commissioned by Communities NSW to undertake an

independent review of all Regional Academies of Sport. The review was received in early May (2014) and the results specific to the Central Coast Academy of Sport were most pleasing.

The review focused on the operational robustness of the business, assessments were undertaken in governance, sports programs, financial management, commercial acquisition and operation, strategy and planning and how the network of Regional Academies was working. The review was obviously comprehensive and from a CCAS Board’s perspective somewhat overdue!

Administration2013 was the first year of a revised four-year strategic development plan for the period 2013-2017. This document has identified a number of key result areas to be achieved by December 2017; The CCAS will continue to build a strong market presence within the region and interact the priorities of the regional development plan. This one KPI clearly demonstrates the willingness of the CCAS to work in a collaborative way to build mutual benefits for the sports industry in the region.

In 2013 Communities NSW through the Office of Sport and Recreation engaged O’Connor Marsden and Associates (OCM) to assess the workings of the network of Regional Academies, the assessment was to consider and report on how effectiveness of the operations of each individual

MANAGING DIRECTOR’S REPORT

8 Managing Director’s Report I CCAS Annual Report 2013

CCAS Managing Director Ian Robilliard

Academy. The CCAS is one (1) of eleven (11) Academies in NSW that was assessed in 2013. The OCM report was recently received and the Board of the CCAS was delighted with the depth of the review and the performance of the Central Coast. Mark Holton the Chairman of the CCAS was delighted to have been a part of this independent review and felt the review was overdue. It is anticipated the individual CCAS report will be well received as the business continues to ‘track’ very well against the strategic plans established by the Board and management continues to effectively deliver operational outcomes sought by the Board in a quiet yet efficient manner.

Staffing resources again took on a new look in the second half of 2013. An Athlete Services and Events Manager (appointed August 2013) assisted the Programs Manager in the delivery of CCAS sports programs. Mr Ray Sandell OAM and Mrs Jan Mayfield continued to provide significant volunteer support to the business.

Finance and AssetsThe 2013 Financial figures are again pleasing; in a year when finances remained tight the CCAS is able to report growth in most areas of key financial measures.

A modest (Loss) from ordinary Activities of $6,280.00 is not unexpected as significant expense management has occurred over the past year, this combined with a tight commercial market has seen the Academy strive for a

profit neutral position with the dampening income acquisition trend; the result shows a net equity position that remains strong ($260,185.00). The Not-For-Profit sector is ‘under siege’ in terms of income generation, income remains extremely tight in a market not overly conducive to spending. Sponsorship spending in 2013 was on a downturn and the knock on effect into regional markets made commercial acquisition difficult.

The net assets or total equity of the Academy is $260,185.00. The ability to generate $685,759.00 in total income is a pleasing achievement. This income generation result is ‘on par’ with 2012 and is attributable to a concentrated acquisition and retention program.

One of the greatest challenges in the Not For Profit sector is the ability to diversify income streams; in 2013 the CCAS was again able to do this with a relatively high degree of success.

The on-going financial stability of the Academy is again best described as strong, this is due to the very important support received within the commercial / corporate sector of the Central Coast, including the ongoing recurrent funding provided by the NSW Government. It is hoped that the success of the OCM report will flag to Government that the CCAS is an underfunded organisation in terms of the delivery of services provided.

While grants money has remained stable over ten (10)

years it should be recognised that the Academy really does a lot with very little, the challenge ahead is to continue to grow the income for the business as the management of expense lines remains extremely trim.

Companies such as: The Greater Building Society, The University of Newcastle Ourimbah Campus, Mingara Recreation Club, Communities NSW, Gosford City Council, Wyong Shire Council, NBN Television, Central Coast Radio, Webstiff.biz, Srixon, ClubsNSW have all made important contributions to support the CCAS. To these organisation and the many more who have supported the programs and events over a busy 2013 I offer a very important vote of thanks.

IT and SystemsIn 2013 the CCAS IT system has been pulled apart and re-built, the organisation now has a dedicated in office cloud server which makes the migration of electronic files much more effective. The ability to keep files ‘synced’, backed up, and up to date has been an ongoing management matter, this was resolved in 2013.

Commercial OperationsIt is pleasing to report that in 2013 many long term corporate partnership were executed which is essential in terms of risk management for the business. While the market remains difficult the results obtained by the Academy in 2013 were very pleasing.

CCAS Annual Report 2013 I Managing Director’s Report 9

Commercial Operations cont.The annual Outlook report published by Sponsorium found that while sports sponsorship accounted for over a third of the industry market, other sectors – particularly arts and festive sponsorship are gaining ground, while spending across all sectors has plateaued. In 2013, 38% of sponsorship deals were in sports, down from 41% in 2012, this tightening of the sports sponsorship market has made commercial acquisition quite time consuming and at times difficult.

The CCAS is pleased to report the following partnerships were agreed and executed in 2013; The University of Newcastle (5 year MoU), Mingara Recreation Club (3 year MoU), NBN TV (3 year MoU), Southern Cross Austereo (3 year MoU), Gosford City Council (4 year MoU), Wyong Shire Council (4 year MoU), Srixon Sports Australasia (3 year MoU), The Greater Building Society (1 year MoU signed April 2014), ClubsNSW (1 year MoU), Central Coast Grammar School (3 year MoU), in addition to these partnership agreements numerous supply arrangements that build the athletes ‘rights of association’ came into effect during 2013.

Many supply arrangements are made available to add to the value of being an Academy athlete (and to parents and guardians) and the benefits available through the provision of important supply; merchandise such as 2XU, hydration through Water to Go and Gatorade,

Medical supplies through Victor Sports, insurance through Insurance AdvisorNet, trophies through Accolades and More, Gymnasium access through Mingara One, Medical support through Hills Street Sports Medicine, Chavez Chiropractic, Thrive Physiotherapy are but some of the supply agreements executed in 2013 that build further value into the organisation.It makes very sound business sense that if any athlete, family member or stakeholder that is involved in any way with the Academy of Sport should be utilizing the services, products and programs of the committed group of corporate partners of the CCAS. By utilizing the support structures of the CCAS the benefits are measurable and sponsorship and commercial arrangements will remain in place for many years to come. I regularly speak about the concept of working collaboratively, through ‘mutuality’ I have no doubt we will help each other succeed in this tight commercial market.

The CCAS has a very robust investment model and one that has served the organisation exceptionally well since inception back in 2004 and I am delighted to say that while challenges are evident we approach 2014 with a high degree of anticipation in terms of building organizational capacity through a well structured commercial program.

ConclusionThe business position the CCAS enjoys is a direct result of both the contribution by the Board of Directors and a

committed and professional management team. I would again like to convey my thanks to Mark Holton (Chair), Mike Rabbitt OAM, Steve McWhirter, Carolyn Kay, and Nikki Garrett for their involvement, dedication and professionalism in delivering the outcomes sought through the Academies strategic planning.

To the staff of Sammy Armstrong, Emily Burgess-Moore, Ray Sandell OAM, Jan Mayfield, Linda Holton and Christine Robilliard I again offermy sincere thanks for the work you have all undertaken to help the business in such a positive light.

Ian RobilliardManaging Director

MANAGING DIRECTOR’S REPORT

10 Managing Director’s Report I CCAS Annual Report 2013

Ian Robilliard & Future Star Josh English

CCAS Annual Report 2013 I Board of Directors 11

BOARD OF DIRECTORS

The Central Coast Academy of Sport operates under the direction of a Board of Directors with each Director allocated a specific portfolio.

The role of the Board is to have primary responsibilty for the strategic development of the organisation, without ‘hands on’ day-to-day management.

The Board consists of a highly valued group of professional men and women, who are all successful in their own right.

The Board of Directors

Mark HoltonChairman andDirector: Finance

Ian RobilliardManaging Director andDirector: Operations & Sports Programs

Mike RabbittDirector: Marketingand Promotions

Carolyn KayDirector: CommercialOperations

Steve McWhirterDirector: IT and Systems

Nikki GarrettDirector: Events

Key Objectives of the Board

- Set the strategic direction of the business and monitor the effectiveness of management.

- Monitor the financial welfare of the organisation including the approval of budgets and financial plans.

- Ensure all statutory reporting requirements are met in a timely and effective manner.

- Monitor staff levels and implement staff recruitment when necessary.

Aims of the Organisation

- To promote interest, participation and opportunities for athletes of the Central Coast.

- To promote interest, participation and opportunities for coaches, officials, administrators, sport science

practitioners and other sports related parties of the Central Coast.

- To provide specialist support to athletic performance through the interaction of sports medicine disciplines.

- Either alone or in conjunction with any other sporting body whether corporate, individual or otherwise, to promote, conduct and carry out sports events and education programs for the benefit of participants.

- To provide sports education for coaches, athletes, officials, administrators and other related persons.

- To conduct competitions, demonstrations and / or conferences in relation to any sports and activities to engage coaches, athletes, instructors and others.

- To provide an promote vocational opportunities through athletic participation, sports coaching, sports science and general business opportunities for persons involved in the business of sport.

- To adopt such means of making known and promoting the objects and activities of the organisation.

- To print and publish in any journal, magazine, book, periodical or other medium as may be seen fit.

- Liaise with related third parties involved with sports development for the NSW Central Coast region.

CCAS Director: Carolyn Kay with the Board’s Inspirational Athlete, Robert Stott

12 A Year In Review - Photos I CCAS Annual Report 2013

CCAS Netball Umpire Program Squad MembersAthletics Squad Training Session

CCAS Rugby Squad Members

CCAS 15 Years Netball Program Squad Members

A YEAR IN REVIEW

CCAS Annual Report 2013 I A Year in Review - Photos 13

University of Newcastle Sports Science Testing

CCAS Female and Male Athletes of the Year, Lauren Moore (Netball) and Lachlan Vane-Tempest (Swimming)

Srixon Challenge

Surfing Program Training Session 2013 Awards Evening - Basketball High Achievers

A YEAR IN REVIEW

The Board of Directors have agreed on a number of ambitious plans for the year ahead, some of these are detailed in the organisations future plans.

Administration

The OCM report used a dashboard indicator (green, amber, red) to assess areas specific to governance, financial management, compliance, operational performance and elements specific to an organizational health assessment. The OCM report specifically considered fifteen (15) dashboard indicators with the CCAS receiving fourteen (14) green, and one (1) amber assessment.

The OCM report has validated the structural model implement by the Central Coast Academy of Sport; the model has served the business very well since inception in 2004. Identified improvements will be enacted following Board approval.

The administration of the CCAS is highly refined, systems serve the business well and a focus on events will be made in 2014. Events and specific holiday programs will require additional administrative support. The ‘off shoot’ is the ability to raise additional income through these type of programs.

The Board will expand the Director skill set by the appointment in 2014 of one additional Director. The portfolio that requires assistance is commercial acquisition and it will be in

this pillar of operation that the Board targets a suitable person to assist in this specific business area.

Finance and Assets

CCAS has consolidated the business equity at $260,185.00, while this appears to be a very strong position it is one that must continue to grow.

The fact that Government support has remained ‘capped’ for eight years is an ongoing indicator that a focus must remain on sponsorship acquisition and retention and expense line management. It simply means operating every program and event in line with the established budgets. In short a ‘user pays’ system must remain incorporated in the subsidized sports model currently on offer and the sponsorship success enjoyed by the CCAS to be remain a priority in 2014 and beyond.

The average athlete registration across all programs is $280.00, this is for a six (6) to eight (8) month program. This price represents extraordinary value and the rights through association mean the CCAS has one of the most robust investment sports model available.

The Australian Sports Foundation charitable gift program will be extended in 2014 for a further five-year term. Monies raised via ASF are essential in building the investment portfolio of the organisation.

Sports Management

A number of Sport Programs will not operate in 2014 and a number will be expanded; the reason is basically resource deployment. Resource deployment is a term to describe the workings of the SSO, basically the need for the CCAS to operate the sport with support from the SSO is important in building an ‘endorsed athlete pathway’. SSO’s must take an active interest in both the workings of the CCAS and in the workings of the regional program and by doing this the sport will remain an important element of the CCAS core business.

An endorsed pathway is best demonstrated by a number of sports that place a high value on regional delivery, Netball NSW, AFL (NSW/ACT), Jack Newton Junior Golf, Swimming NSW, Surfing NSW, Triathlon NSW, Country Rugby League, Australian Rugby Union (NSO) and Cycling NSW are examples of Sporting Organisations that can demonstrate their keen interest in the workings of the CCAS; in business this is called ‘mutuality’ and it is important in terms of the sports offered in 2014 at the CCAS.

IT and Systems

The migration of files to the CCAS Office Server that is linked to cloud technology will be on going in Q1 and Q2 of 2014. CCAS will be moving away from Box Hosting to an ‘in house’ system designed to ensure duplication of files is fully eradicated.

FUTURE DEVELOPMENTS

14 Future Developments I CCAS Annual Report 2013

Marketing and Promotion

As the CCAS celebrates ten (10) years of operation in 2014 this will form the basis of a number of marketing and promotional campaigns. A new TVC will be launched in April 2014 featuring a number of high performing athletes who have progressed through the CCAS sports programs, this will be complimented by a digital media campaign through the Facebook and Twitter networks to ensure a greater and targeted reach.

Commercial Operations

The commercial success of the CCAS remains the cornerstone of the organisation; it is essential to continue to build the financial capacity of the business through the execution of multiple year agreements. The CCAS made significant progress in this area in 2013 and 2014 commercial acquisition (and retention) will remain a focus of the business.

The CCAS has tendered for the hosting of the ClubsNSW

Academy Games for the period 2015-2017.

Within the tender a revised acquisition model has been enacted to ensure any sponsorship raised via the CCAS will have an acquisition fee attached.

While this was debated significantly during the tender process the CCAS has the ability and capacity to raise significant funds from the hosting of the games.

CCAS Annual Report 2013 I Future Developments 15

Parliamentary Function with Former (2013) NSW Minister for Sport and Recreation, The Hon. Gabrielle Upton

CCAS Netball Squad - Hunter Festival of Sport

AFL

16 AFL Report I CCAS Annual Report 2013

2013 CCAS AFL Program Squad - Orientation Session

Together with AFL NSW/ACT, 2013 saw the CCAS reestablish a junior development program which included on field and off field components with a high emphasis on individual skill development.

The program was lead by former Essendon Star, Mark McVeigh and included other very experienced coaching staff, providing expert guidance on skill technique, fitness and game sense training.

The CCAS AFL program provides selected athletes a comprehensive introduction to what would be required at the elite level of the sport and

may lead these players into the Central Coast Sydney Swans Academy Program.

Through this process, the CCAS is increasing opportunities for local players to progress and play at an elite level within the AFL.

The 2013 Program commenced with an orientation and program overview on the 30th October at Mingara Recreation Club where the sixteen (16) selected athletes received their uniform and playing kit.

In addition to regular scheduled training sessions, the squad received an insight

into what it takes to become a professional athlete, training methods to correct technique, sports science testing from the University of Newcastle and various education sessions including sports dietetics and a presentation from the Greater Building Society on Financial Fitness.

The partnership between the CCAS and AFL NSW/ACT is one built on similar core values and beliefs, which will no doubt ensure a long and lasting relationship between the two organisations for the long term benefit of young AFL players in the region.

CCAS Annual Report 2013 I AFL Report 17

SPONSORS2013/14 AFL SQUADLachlan Bayliss James LieneschHarley Bernleitner Brady Minett-HoweWilliam Broadbent Luke Mueller-ByrnesAustin Clark Ethan WilliamsJasper Davis Nathan SmithJack Frasca Dylan SmithMarc Gleisner Rhys TigheNathaniel Lander Kyle Robinson

AFL PROGRAM STAFFMark McVeigh Head CoachDarren Denneman CoachSimon Smyth Coach / Squad ManagerMax Enders Assistant CoachSam Shergold Assistant Coach

2013 CCAS AFL Program, Sport Nutrition Session

2013 CCAS AFL Program, Training and Technique Session

ATHLETICS (TRACK AND FIELD)

18 Athletics Report I CCAS Annual Report 2013

Sports Psychology Session with John Crampton

CCAS 2013 Athletics Program Squad

The Central Coast Academy of Sport Athletics program is structured to develop junior athletes on a pathway that will guide their advancement into elite performance and success at a higher level, and also to mentor our higher-level elite athletes.

The 2013 Athletics Program Squad was made up of seventeen (17) scholarship athletes forming the development and associate athlete programs.

Starting in May, the athletes met on a regular basis for a program which included scheduled track and field training as well as skill and personal development sessions that covered areas such as Decision Making, Looking after

you Feet, Plyometrics training and specialist coaching with Lindsay Watson (Australian Team Manager for the 2012 Olympic Games) who also presented to both the athletes, coaches and parents on Team Qualifying.

Athletes partook in a hands on sports psychology session with John Crampton with an emphasis on focus, and a beach based exercise physiology session with James Cummins. CCAS athletes were exposed to state of the art testing methods and facilities by The University of Newcastle’s Exercise and Sports Science Department.

Evidence of the need for the CCAS to provide an elite track and field program is highlighted

with recent achievements including Chris Dodd jumping a Commonwealth Games B qualifier with a 2:20m jump at the Sydney Club Championships, Alex Herford receiving a gold medal in the Triple Jump at the NSW Country Championships and Bethany Krandendonk receiving gold in the 13 years girls Triple Jump at the 2013 NSW All School Track and Field Championships among the CCAS athletes many other PB’s and medals during the course of the program.

The Central Coast Academy of Sport Program is grateful for the generous sport of program partners, Mingara Recreation Club, Mingara One Fitness & Aquatics Centre, 2XU and Gatorade.

CCAS Annual Report 2013 I Athletics Report 19

2013/14 ATHLETICS SQUADDevelopment Athletes

Tara Angell Bethany KranendonkJackson Collett Terry MihellisTristan Croke Theo MihellisAlexander Herford Mikayla SonterLauren Keating Robert Stott

Associate Athletes

Chris DoddDante FalzaranoAndrew LandEthan MillwardMaddie PowellMitchell StarkeyMitchell Tysoe

ATHLETICS PROGRAM STAFFLarry Spencer Mentor CoachMargaret Beardslee Mentor CoachNeil Hinton Sprints CoachMatt Lynch Development Sprints CoachJon Glasson Long Distance CoachMatt Horsnell Jumps CoachLenore Beaton Squad Manager

SPONSORS

Boxing Session at Mingara One Fitness Centre Training Session at Mingara Regional Athletics Centre

With the generous support of new program sponsor ClubsNSW, the CCAS 2013/14 Basketball Program commenced November 2013.

With a strong coaching group in place under Head Coach Drew Fenton, an increased number of athlete’s were selected into this years program to meet with its growing popularity.

The program has again been able to attract a number of guest coaches, who bring a wealth a knowledge and skills to the athletes, with improvements already shown across the board.

Specialist coaches this year have included renowned names as Tim Hudson (Assistant Coach, Sydney Kings), Tim Mallon (Head Coach Hunter Sports High School), Damien Cotter (Head Coach NSW Institute of Sport Basketball Program), Rex Nottage (Head Coach Newington College) and John

Hargreaves (U16’s Country Coach).

The CCAS aims to deliver skills, information and instruction on top of what the athletes receive from their home association or school program.

To compliment the on court training sessions, a host of education components were held to assist with the athlete’s personal development including Stretching & Injury Management with Thrive

Physio, Finance with the Greater Building Society and Social Media usage with Aware Education.

Video analysis, Noah Shooting Clinics and basketball specific sports science testing conducted by the University of Newcastle round out the program.

The always popular squad tour saw this year’s team travel to Wollongong. A number of trial matches completed the three day intensive training camp with strong games against the Illawarra, Hornsby Spiders and a touring New Zealand squad.

Following these games, an invitation was extended to the CCAS to compete in New Zealand. This offer is currently under consideration for the 2014/15 program.

The success of the program could not be achieved without the support of our program partners ClubsNSW, Central Coast Adventist School, Thrive Physio, And1 and Hudsons Global Logistics.

BASKETBALL

20 Basketball Report I CCAS Annual Report 2013

CCAS v Illawarra, Wollongong Camp

CCAS v New Zealand, Invitational Match

CCAS Annual Report 2013 I Basketball Report 21

2013/14 BASKETBALL SQUADMale Athletes Female AthletesConnor Arthur Katie BaileyLuke Cassidy Lucy ChapmanDouglas Clark Tayah CrowtherAustin Clarke Caitlin HayersMax Cooper Bianca Khoury Sam Cracknell Elena KhouryToby Elliott Mahni LuafalealoMatthew Florido Evangeline NicolHaidyn Gunderson Fenella NicolJacob Peagram Aimee PopeMichael Russell Lydia PulleyJack Snelling Grace ReedNicholas Tobin Bree ShipleyNicholas Wooller Kaylee Walker Lara Wolldrige

BASKETBALL PROGRAM STAFFDrew Fenton Head CoachIan Robillard Mentor CoachMichael Cassidy Assistant CoachWill Granger Assistant CoachJohn Gunderson Assistant CoachBailey Cassidy Development CoachMitch Jacob Development CoachWayne Cassidy Male Squad ManagerSuzie Tyson Female Squad Manager

SPONSORS

CCAS 2013/14 ClubsNSW Basketball Squad Training Session at the Central Coast Adventist School

FUTURE STARS

22 Future Stars Report I CCAS Annual Report 2013

CCAS ClubsNSW Future Star Athlete Josh English - Australian Champion

CCAS ClubsNSW Future Star Athlete - Ashley Sweetnam

The ClubsNSW Future Stars Program continues to deliver support and development opportunities to Central Coast athletes excelling in a sport that currently sits outside one of the high performance program offered by the Central Coast Academy of Sport.

The program provides scholarship athletes with much sought after benefits including, but not limited to, media promotion, a studio photo shoot with Imagine Images, a gym membership at

Mingara One and professional services at Thrive Physio and Performance Podiatry.

This year’s program saw phenomenal success for all athletes involved including: Nick Yallouris being named the NSW State Scratch Race Champion in Cycling and medalling at every event he entered at the NSW Track Championships; Boxing Athletes, Joshua English, Ryan Covi and Jai Opetaia all winning National Titles at the Australian Boxing Championships held in Perth with Jai on track for victory at the 2014 Commonwealth

Games; Charlie Brooks (Cross Country) taking out the 3200 handicap at the Stawell Gift; Matt Bateup (Basketball) selected as an NSW CHS Representative, an Australian Team Representative at 3 x 3 Basketball at the Youth Olympic Festival and also named in the Under 19 Australian Development Squad; and Ashley Sweetnam (Football) at 16 years old playing 1st Grade for the Central Coast Mariners Academy in the NSW Woman’s Premier League and selected to play for the NSW Combined High Schools team.

CCAS Annual Report 2013 I Future Stars Report 23

2013/14 FUTURE STARS SQUADChloe Costelloe TennisSean Carson TennisJoshua English BoxingRyan Covi BoxingJai Opetaia BoxingPeiden Telfer CyclingNick Yallouris CyclingRhiley Carr HockeyBrodie Denson HockeyCharles Brooks Cross Country RunningMatt Bateup BasketballCheyne-Leigh Wardrop Surf Life SavingAshley Sweetnam Football

SPONSORS

C

M

Y

CM

MY

CY

CMY

K

Chavez Embossed Logo.pdf 1 6/03/12 5:35 PM

PerformancePodiatry

CCAS ClubsNSW Future Star Athlete Charles Brooks- Stalwell Gift Handicap WInner

24 Golf Report I CCAS Annual Report 2013

GOLF

ClubsNSW Academy Games CCAS Srixon Golf Squad Competitors

The SRIXON 2013/14 CCAS Golf Program achieved some fantastic results through the increased use of technology and regularly scheduled competition.

The camped based program operating in partnership with Jack Newton Junior Golf (JNJG) supports pre-elite golfers with a golf curriculum and skill modules program to improve the athletes prospects of progressing through the development pathway.

Access and exposure to elite testing protocols was

offered to the squad through a session with world leading Bio Mechanist, Rob Neale providing in depth analysis of golf swing using 3D motion technology, a Launch Monitor session with Khan Pullen (JNJG) and concluding the program with a visit to the Australian College of Elite Golf providing CCAS golf athletes a skills session in an exclusive training environment normally limited to elite athletes involved in State or National High Performance Programs.

Other initiatives included a squad tour to the Australian

Open, nutrition, social media and sports psychology education sessions and the introduction of four SRIXON challenges and inter-academy match play through out the program to encourage competition and to prepare athletes for the upcoming ClubsNSW Academy Games.

Many thanks to Program Sponsors: SRIXON, Jack Newton Junior Golf, Shelly Beach Golf Club, Kooindah Waters, Magenta Shores, Bateau Bay Driving Range and Sporte Leisure.

CCAS Annual Report 2013 I Golf Report 25

2013/14 GOLF SQUADLuke Atherton Shelly Beach Golf ClubBrandan Biddle Everglades Golf ClubDarcy Boyd Toukley & Magenta Golf ClubsShaun Brownlow Shelly Beach & Gosford Golf ClubsJoshua Ciechanowicz Shelly Beach Golf Club Jake Eliasson Toukley Golf ClubBrodie Hart Wyong Golf ClubCorey Jones Shelly Beach Golf ClubKieren Jones Shelly Beach Golf ClubBraydon Kolk Everglades Golf ClubEden Middleton Wyong Golf ClubTrevor Piefke Shelly Beach Golf ClubJack Milne Shelly Beach Golf ClubBlake Stewart Everglades Golf ClubBeau Willett Toukley Golf Club

GOLF PROGRAM STAFFPeter Cliff Head Coach / Shelly BeachGreg Lewis Coach / Magenta ShoresLee Akers Coach / Kooindah WatersRicky Schmidt Coach / Bateau BayMargaret Swanson Squad Manager

SPONSORS

Swing Analysis Technical Assessment with Bio Mechanist, Rob Neale

26 Netball Report I CCAS Annual Report 2013

NETBALL / NETBALL UMPIRESThe Central Coast Academy of Sport followed the Dare to Develop a Diamond Academy syllabus, as set out by Netball Australia in conjunction with Netball NSW.

The program is aimed primarily at individual skill development with a focus on preparing scholarship athletes for NSW state team selection trials and the further representative opportunities that lay ahead.

Fortnightly training and holistic education sessions are held at the Central Coast Grammar School in two blocks prior to the ClubsNSW Academy Games and following the Hunter Festival of Sport.

2013 saw great success for the squad with a number of athletes selected into various representative teams; with special mention to Lauren Moore, Leanne Grevenitz and Kristen Kessler selected into the 2014 NSW 17/U Team and Olivia Duffy into the 2014 NSW 17/U Development Squad. Following Age Nationals, Lauren and Kristen were named in the Australian U17 Squad!

As always, a highlight of the program for the squad is a visit from their Swifts Idols. This year, the squad were treated to a full court defence session by Susan Pratley; Susan’s professional and friendly manner made for a highly intense and very enjoyable training and education session.

Athletes received valuable court time and exposure to the next level of competition via the ClubsNSW Academy Games, NIB Games and Inter-Acadmey Games. Although a young squad, the girls always exceeded expectations and met their individual and team goals.

In addition to athletes, the CCAS focuses on the development and further education of local coaches and umpires.

Following this pathway, Amber Cross was named as the 17/U NSW State Team Assistant Coach and Kate Rennie from the Netball Umpires Program was awarded her National B Badge.

The CCAS thank Netball NSW for their ongoing support and guidance and program sponsors The Central Coast Grammar School, Hills Street Sports Medicine Centre and Gatorade.

Carolyn Campbell (CEO and Netball NSW) with Di Brown (Netball NSW) CCAS Annual Awards Presentation.

Defensive Training Session with Sonia Mykloma, Sydney Swifts.

CCAS Annual Report 2013 I Netball Report 27

2013 NETBALL SQUADFull Scholarship Athletes 15 Years Development Athletes

Chloe Barnes Bronte Doorn Alexis Clark Olivia DuffyOlivia Duffy Rebecca EganRebecca Egan Jayde FaimanuJayde Faimanu Dayna FowlerCassandra Farrelly Leanne GrevenitzLeanne Grevenitz Sala HarringtonSala Harrington Maddie HompotEmma Healy Kirsten KesslerEmily Jackson Lauren MooreCasey Judge Claudia RodwellKristen Kessler Bianca WoodEbony Millgate Lauren Moore Umpires Zahlee Pattison Taylor McDonogh Brigette Sloane Emily Morrison Te Rina Tangitu Kate RennieBronte Williamson Cheyne-Leigh Wardrop Danica Williams

NETBALL PROGRAM STAFFAmber Cross Joint Head CoachMegan Sharpe Joint Head CoachTara Elliott Assistant CoachLauren Hill Umpire CoachMarion Van Munster Mentor CoachDonna Judge Squad Manager

SPONSORS

2013 CCAS Netball Squad

28 Rugby Union Report I CCAS Annual Report 2013

RUGBY UNION

The Central Coast Academy of Sport proudly supports the Australian Rugby Union Junior Gold Cup Program.

The ARU Junior Gold Cup program is a strategic development program for up and coming rugby union stars, guaranteeing high-level competition all around Australia for U15 and U17 age levels.

There are 24 Junior Gold Cup centres across Australia all with an U15’s and U17’s squad that compete in the Junior Gold Cup Tournament.

The competition provides an opportunity to all the players, coaches, administrators and match officials to experience competition at a national level, whilst still representing their region.

This year’s tournament saw the Central Coast squad travel to Dubbo to compete against Western NSW, play Victoria and Western Sydney at the squad’s home ground - the Central Coast Grammar School and verse the Illawarra Squad in Wollongong.

The intense competition against the best players in their age group highlighted the growth of the players technical skills and abilities over the course of the program.

Dedication and commitment was expected from the squad with twice weekly training sessions held at the Central Coast Grammar School.

Congratulations to the selected squad, we wish them well in their progression through the player pathway.

Matt Langhein, Junior Gold Cup Squad v Sydney West

Junior Gold Cup Squad 2013

CCAS Annual Report 2013 I Rugby Union Report 29

2013/14 RUGBY UNION SQUADUnder 15s Squad Under 17s Squad

Jack Alipate Liam BakerJoshua Allen Fleming Ryan ConnollyLachlan Apps Alec DarkStuart Brown Samuel EdwardsAdam Chettle Sam EvansJake Cucek Charles GrangerOliver Dark Baileigh GrimBen Francis Fionn Henderson-FoleyRay Kaifa Jack HoganMacKenzie Kay Vaughan KernanDaniel King Francis KiutauJack Kristidis Matthew LangheinBlake Leccas Nicholas MartschenkoDaniel Maclean Dan MatthewPatrick Martin Tyler McManusBenjamin Ma’u Eamonn Molenaar Lachlan Meachem Jacob MurrayJordan Middleton Daniel NavarroTarnae Mahon Robert PedenScott Ofahengaue Alex PholaMatthew Polmear Caleb PritchardTyson Potger Hayden ScottTom Robson Joshua SheridanThomas Rosewarn Maxwell StewartJoel Small Thomas Strembickyj Max Sorgese Jesse TasiZac Stride Joshua ThorndykeAlexander Tsiaprazis Shuan TownsendJoey Wacton Khaleb TysonWilliam Yeadon William Van Egmond-Jones Deahn Wanstall

RUGBY UNION PROGRAM STAFFPaul Sinclair Head Coach U17sBrad Hoban Assistant Coach U17s Gary Head Squad Manager U17s

Ray Bowden Head Coach U15sSteve SaiLouie Assistant Coach U15s Dale Winslow Squad Manager U15s

Gary Head Centre CoordinatorReg Delaney U17s/U15s Player Mentor

SPONSORS

30 Surfing Report I CCAS Annual Report 2013

SURFING

Video Analysis Training Session

CCAS Surfing Athlete, Macy Callaghan, U17 Australian Champion

The 2013/14 CCAS Surfing Program endorsed by Surfing NSW is lead by a team of Central Coast elite surfing stars keen to develop the Central Coast’s future junior surfing champions.

These professionals bring skills, knowledge an experience from competing with the worlds’ best surfers.

Media sponsor www.surfingonline.com.au came on board to assist the squad with video analysis, film and production of powerful digital media assisting of the athletes to gain support and brand development.

This year’s athletes were selected from local Central Coast Boardrider Associations based on their ability, performance, potential as well as personal attributes such as attitude and coachability.

In addition to regular beach and guest coaching sessions, the program saw the athletes learn competition strategies, identification and training methods to correct techniques,

assistance with wave usage and wave count, equipment advice, skateboarding sessions on Streetboardz to practice technique along with personal development education sessions.

A highlight of the program was a guest coaching session from free diving champion Adam Stern. The free diving / breathholding workshop helped the

athletes understand the importance of this survival skill for their sporting environment.

The squad performance at local, state and national competition allowed the athletes to demonstrate their impressive skills with much success including Macy Callaghan coming first place at the Australian Junior Surfing Titles.

CCAS Annual Report 2013 I Surfing Report 31

2013/14 SURFING SQUADJoel BuxtonMacy CallaghanWade ClemensHolly GibbonsZoe IfieldChelsea IpsenLogan Moy Noah MunroDarcy PiltzMitch RaymondJackson RobertsFletcher RoseJack SymingtonBrayden Vanderpoel

SURFING PROGRAM STAFFTerry Webster Squad ManagerSandra English CoachMarcus Davidson CoachRuss Molony Coach

SPONSORS

CCAS Surfing Program Squad, 2013

SWIMMING

32 Swimming Report I CCAS Annual Report 2013

2013 CCAS Swimming Program Award Winners with Paul Anderson GM Gosford City and Jaime Beveridge Mingara One

The Central Coast Academy of Sport’s swimming program provides further development opportunities for aspiring young swimming of the NSW Central Coast region, complimenting their home coaching program.

Swimmers in the CCAS program receive expert coaching and participate in both practical and educational development sessions throughout the program.

Selected athletes receive ‘in water’ training to further develop skills along with special guest coaching, specialised performance testing from the University of Newcastle, media exposure and educational sessions such as visualisation, goal setting and social awareness to ensure athletes also learn how to prepare themselves out of the pool.

37 Athletes were inducted into the 2013 Squad under the leadership of Head Coach Debby Tattoli.

A year of personal bests concluded with the very successful squad tour, this year to the QLD Short Course Championships, with the athletes bringing home a swag of medals.

Recognition of the swimming squad’s triumphs was exhibited at the 2013 Annual Academy Awards Evening with major awards being presented to Harrison Williams (Swimming Encouragement Award) for his outstanding work at the Australian School Swimming Championships and the QLD State Short Course Championships. Cassandra Van Breugel (Swimming Athlete of the Year) for yet another outstanding year of swimming

including the NSW State Open Championships, the NSW Summer Country Championships and the Olympic Trials.

To Robert Stott (Inaugural Inspirational Athlete Award)following Robert’s achievements both on the track and in the pool where he smashed ten Australian records!

And to Lachlan Vane Tempest, receiving the CCAS Male Athlete of the Year award for not only dominating the pool at district, state and national levels but for showing leadership skills well beyond his years.

The swimming program proudly acknowledges the support of program sponsors Mingara Recreation Club, Mingara One Fitness, Gosford City Council and 5 Star Swim School, Kincumber.

2013 SWIMMING SQUADLachlan Blake Erin BoonSteven Boon Shaye BoothLachlan Braddish Megan BurgessAmber Cann Sunny CarusiJasmine Darwin Ethan DoddsParis Dwyer Bryce GlanvilleLing Gribble Danielle HessionOdette Hodgson Kaylah HolmesTyler Jones Christie KwonJennifer Kwon Amy LawrenceEden Leary Emilie LeslieKeira Linnen Olivia McParlaneBrooke Mezzone Zac PayneBrandon Reeves Kate RichardsTaylah Small Robert StottDaniel Sylvester Cassie Van BreugelLachlan Vane-Tempest Harrison WilliamsCooper Wolley Samara WolleyBenjamin Yates

PROGRAM STAFFDebby Tattoli Head Coach Ian Cooper CoachMichael Tattoli Coach Scott Attwood Squad Manager

CCAS Annual Report 2013 I Swimming Report 33

SPONSORS

2013 Short Course Championships Training Session

Following the success of the inaugural Women’s Rugby Sevens Program, the CCAS again provided a training program allowing local athletes to experience women’s rugby through participation in competitions such as the Central Coast Sevens International Rugby Festival and the Premiership 7’s.

These tournaments highlight

the significant growth of women’s rugby in both numbers and prize money, with the sports popularity continuing to grow due its inclusion in the 2016 Olympics.

Training from early September at the Central Coast Grammar School, the squad focussed on the core principles of the game, including speed, agility, passing and game vision with coaches, Gary Head, Michael

Magripilis, Mitchell Drinkwater and Paul Sinclair. With potential future stars of Australian Women’s Rugby in our midst, the CCAS is keen to strengthen the program in 2014 with the assistance of program sponsors: Gordon Rugby Football Club, Central Coast Grammar, School, Central Coast Sevens and Dooralong Valley Turf.

WOMEN’S RUGBY SEVENS

34 Women’s Rugby Sevens I CCAS Annual Report 2013

2013 Central Coast Sevens Squad

CCAS Gordon / Manly Baa Baas @ Warringah Rugby Park

Training Session at Central Coast Grammar School

2013 WOMEN’S RUGBY 7S SQUADNicola AdamsRebecca BeesonTaylor BrownJaya CallinanChelsea CampbellErin CheekPaige HardakerSala HarringtonYasemin LawsonOregon MannRiley McKayLianna ParahiClaire ReedAmber RitchBree SingmanGeorgia Wallace

PROGRAM STAFFGary Head Squad Manager / CoachPaul Sinclair Coach Mitchell Drinkwater CoachMichael Magripilis Coach

CCAS Annual Report 2013 I Women’s Rugby Sevens Report 35

SPONSORS

CCAS 2013 Women’s Sevens Rugby Squad

HONOUR ROLL - 2013 AWARDS

36 Honour Roll - 2013 Awards I CCAS Annual Report 2013

2013 Major Awards

Lachlan Vane Tempest Lauren MooreMale Athlete of the Year Female Athlete of the YearSwimming Netball

Joshua English John and Susan KnightFuture Stars - Boxing Display PowerChairman’s Award The Ray Sandell Award for Exceptional Service

Robert StottSwimming and AthleticsCCAS Board of Directors Inspirational Athlete Award

2013 Sport Program Awards

ArcheryAthlete of the Year Hayley Boyd

BasketballEncouragement Award Isike KippayaFemale Athlete of the Year Madison GoddardMale Athlete of the Year Matthew Kenyon

Future StarsAthlete of the Year Charlie Brooks (Cross Country Running)

GolfEncouragement Award Corey JonesAthlete of the Year Brandan Biddle

Lawn BowlsEncouragement Award James BurtonAthlete of the Year Jayden Moody

NetballEncouragement Award Sala HarringtonAthlete of the Year Olivia DuffyUmpire of the Year Kate Rennie

Rugby UnionEncouragement Award Scott McQueenAthlete of the Year Brenton Acreman

SwimmingEncouragement Award Harrison WilliamsAthlete of the Year Cassandra Van Breugel

TriathlonEncouragement Award Matthew O’DowdAthlete of the Year Matt Baker

CCAS Annual Report 2013 I Honour Roll - 2012 Awards 37

HONOUR ROLL - 2013 AWARDS

Lachlan Vane-Tempest, Male Athlete of the Year (Swimming)

Lauren Moore, Female Athlete of the Year (Netball) Josh English, Chairman’s Award (Future Stars - Boxing)

Robert Stott, Inspirational Athlete (Swimming & Athletics) John and Susan Knight, The Ray Sandell Award For Service

FINANCIAL STATEMENTS 2013

38 Financial Statements Summary I CCAS Annual Report 2013

Notes on Key Financial Indicators Position to last Year

RevenueRevenue has remained ‘on par’ with 2012 figures which is pleasing against a difficult commercial market.

Cost of SalesThe CCAS was able to increase program offerings and inclusions in 2013 which resulted in a cor-responding increase in costs.

Gross Profit and ExpensesA reduction in gross profit is due to the combination of a modest revenue loss and expenditure increase into Cost of Sales. A 7% reduction in expense line management is an outstanding result.

Total EquityTotal equity of $260,185 is a pleasing result.

REVENUE(DOWN - 3%)

COST OF SALES(UP - 21%)

GROSS PROFIT(DOWN - 8%)

EXPENSES(DOWN - 7%)

TOTAL EQUITY(DOWN - 2%)

CCAS Annual Report 2013 I Financial Statements Contents 39

Financial StatementsFor the year ended 31 December 2013

Contents

Directors Report 40-45

Auditors Independence Declaration 46

Trading Account 47

Detailed Statement of Financial Performance 48-49 Statement of Comprehensive Income 50 Statement of Financial Position 51 Statement of Changes in Equity 52 Statement of Cash Flows 53-54 Notes to the Financial Statements 54-61 Directors’ Declaration 62 Independent Auditor’s Report 63-64

Notes 65

Macquarie Partners Central Coast

Unit 2, 3A Racecourse RoadGosford NSW 2250

Phone: (02) 4324 9177 Fax: (02) 4324 9055Email: [email protected]

Central Coast Academy of Sport LimitedABN 64 104 918 596

40 Directors Report I CCAS Annual Report 2013

Directors ReportFor the year ended 31 December 2010

Your Directors present this report on the company for the financial year ended 31 December, 2013.

Directors

The names of each person who has been a Director during the year and to the date of this report are:

Mark Kevin Holton (Chairman) Ian Robilliard Michael Forsyth Rabbitt Stephen John McWhirter Carolyn Maree Kay Nicole Garrett

Directors have been in office since the start of the financial year to the date of this report unless otherwise stated.

Short and Long Term Objectives

The short and long term goals and objectives of the Central Coast Academy of Sport are set out and overseen by the Board of Directors through the strategic plan, which is constantly monitored and supported by regular reviews and key performance measures.

The key objectives of the Board of Directors are to set the strategic direction of the business and monitor the effectiveness of management, monitor the financial welfare of the organisation including the approval of budgets and financial plans, ensure all statutory reporting requirements are met in a timely and effective manner, and to monitor staff levels and implement staff recruitment when necessary.

Strategy for Achieving Objectives

The Central Coast Academy of Sport operates under three tiers of reporting to ensure appropriate and timely reviews of both short and long term objectives of the organisation are continually met.

Tier one relates to the strategic plan (2013 – 2017), which details the broad aims and objectives of the organisation and details where key performance indicators should be at certain times throughout the plan.

Tier two relates to the operational plan, which sits within the overall strategic plan and contains key performance indicators and measurable targets to compliment the aims and objectives of the strategic plan.

Tier three relates to periodic reviews of all staff to ensure each member of staff remains aware of their specific roles and responsibilities and that key performance areas of each staff portfolio are continually monitored and remain in line with both the operational and strategic plans of the organisation.


CCAS Annual Report 2013 I Directors Report 41

Principal Activities

The principal activities of the company during the financial year were the promotion and provision of interest, participation and opportunities for athletes, coaches, officials and administrators of the NSW Central Coast region. The Central Coast Academy of Sport delivered high performance training programs across a variety of sports.

There has been no significant change in these activities during the year.

How did Principal Activities Assist in Achieving Objectives

The Central Coast Academy of Sport offered a total of twelve high performance sport training programs across a range of sports throughout the financial year. These sport programs provided both skill based and personal development opportunities for over three hundred aspiring athletes, coaches, officials and administrators of the NSW Central Coast region.

Performance Measurement

The performance of the business is measured and monitored through the operational plan, which forms part of the overall strategic plan. The operational plan sets out key performance targets across key areas of the business and forms a base for the key performance indicators that make up each of the specific staff portfolios. Regular staff reviews are conducted by senior management, who also conduct an annual review of the operational plan, which is then presented to the Board of Directors. These in-depth reviews provide a clear indication of where the business is at and provide measurable outcomes in regard to the set targets and objectives of the organisation.

Operating Result

The financial statements for Central Coast Academy of Sport Ltd are reported as an individual entity. The profit of the company for the financial year was a loss of $6,280.

Dividends Paid or Recommended

The constitution of Central Coast Academy of Sport Limited specifically prohibits the payment of dividends to members, as a result no dividends were paid or declared in the 2013 financial year.

Review of Operations

A review of the operations of the company during the financial year and the results of those operations found that the company continued to engage in its principal operations during the year.

Significant Changes in the State of Affairs

No significant changes in the entity’s state of affairs occurred during the financial year.

After Balance Date Events

There are no matters of circumstances that have arisen since the end of the financial year which significantly affected or may significantly affect the operations of the company.


Future Developments

Likely developments in the operations of the company and the expected results of those operations in future financial years have not been included in this report, as the inclusion of such information is likely to result in unreasonable prejudice to the company.

Environmental Issues

The company’s operations are not regulated by any significant environmental regulation under a law of the Commonwealth or of a State or Territory.

Information on Directors

Mark Kevin HOLTON Chairman

Qualifications Master of Commerce Graduate Certificate in Professional Accounting Graduate Certificate in Management Bachelor of Adult Education Advanced Diploma in Business Management Diploma of Teaching - Technical Education Diploma of Training and Assessment Public Accountant and Tax AgentExperience Managing Director – Dynamic Taxation and Training Current Chairman – Central Coast Academy of Sport Ltd Current Board Member – Gold Coast Academy of Sport Ltd Current Board Member – Ronald McDonald House Westmead Former Chairman - Donnica Clarke FoundationSpecial Responsibilities Chairman and Chair of Audit and Finance Committee

Ian ROBILLIARD Managing Director

Qualifications Bachelor of Education (PE) Australian Sports Medal (2000)Experience Founder and Current Managing Director – Central Coast Academy of Sport Ltd and Gold Coast Academy of Sport Ltd Former Head Coach of the Sydney Kings National Basketball League (NBL) Team (2010-2012) Former CEO of the Sydney Kings National Basketball League (NBL) Team (2012) Former Chief Operations Officer – Professional Golfers Association (1998 - 2003) Former National Education Director – Professional Golfers Association (1993 - 1998) Former Australian and National Basketball representative Former NSW Representative in Rugby Union Current Vice Chairman - Donnica Clarke FoundationSpecial Responsibilities Managing Director and Chair of Operations




Michael Forsyth RABBITT Director

Qualifications Order of Australia Medal (Awarded 2013)Experience Over twenty five (25) years tenure in the fields of sport marketing, promotion and news – NBN Television Current Marketing and Promotions Manager – NBN Television Former Satellite Tennis Player OAM awarded for service to community endeavours Current Justice of the PeaceSpecial Responsibilities Chair of Marketing and Promotion

Stephen John MCWHIRTER Director

Qualifications Bachelor of Education Diploma in MathematicsExperience Current Director of Simitri Group International a company focused on skills training, coaching & consultancy. Former Chief Executive Officer – Salesforce.com Asia Pacific Independent Director - Computer Science Faculty University of Sydney Former Vice President – Hewlett Packard Asia Pacific & Japan Former Senior Manager – IBM Australia Former General Manager - IBM Software Group Australia NZ Numerous General Manager positions within the IT sector. Former first grade Rugby Union player in Sydney.Special Responsibilities Chair of IT and Systems

Carolyn Maree KAY Director

Qualifications Bachelor of Business, majoring in MarketingExperience Established a marketing consultancy business. Owner – Business Referral Group, a company that provides a platform for small business owners to generate word of mouth referrals through a supportive and structured system. Coordinator of 22 referral groups throughout New South Wales and Victoria. Formerly employed at Proctor Gamble (Brand Manager)Special Responsibilities Chair of Commercial Operations



Nikki GARRETT Director

Experience Golf Professional Former Australian Representative 2007 World Championships held in South Africa Winner of the 2006 Ladies European Tour Rookie of the Year Award. Current regular competitor – Ladies European Tour – Golf Former Winner – Australian Ladies Golf Champion (2005) Former Winner – Australian Junior championship Quarter – Finalist Australian Junior Amateur Championship At age 14 helped NSW Junior State Team win the Burtta Cheney Cup A current supporter of the McGrath Foundation, monies raised support young female golfers’.Special Responsibilities Chair of Sports Programs

Meetings of Directors

During the financial year, 5 meetings of Directors (including committees of directors) were held. Attendances by each director were as follows:

Attended Eligible to Attend

Mark Kevin Holton 5 5Ian Robilliard 5 5Michael Forsyth Rabbitt 5 5Stephen John McWhirter 3 5Carolyn Maree Kay 4 5Nicole Garrett 1 5

Indemnifying Officer or Auditor

No indemnities have been given, during or since the end of the financial year, for any person who is or has been an officer or auditor of the company.

The company has paid premiums to insure each of the following directors against liabilities for costs and expenses incurred by them in defending any legal proceedings arising out of their conduct while acting in the capacity of director of the company, other than conduct involving a wilful breach of duty in relation to the company. The amount of the premium was $7,029 (exc GST) in total for all directors.

Proceedings on Behalf of the Company

No person has applied for leave of Court to bring proceedings on behalf of the company or intervene in any proceedings to which the company is a party for the purpose of taking responsibility on behalf of the company for all or any part of those proceedings.

The company was not a party to any such proceedings during the year.



Directors’ Benefits

During the year ended 31 December 2013, Central Coast Academy of Sport Limited entered into a contract with Gold Coast Academy of Sport for whom Ian Robilliard and Mark Holton are directors, for the provision of operational assistance. Payments in relation to this contract amounted to $2,500.

During the year ended 31 December 2013, Central Coast Academy of Sport Limited entered into a contract with Skilled Sports Pty Limited for whom Ian Robilliard is a director, to provide operational assistance. Payments in relation to this contract amounted to $7,000.

During the year ended 31 December 2013, Central Coast Academy of Sport Limited entered into a contract with Dynamic Taxation & Training Services for whom Mark Holton is a director, to provide accounting and taxation assistance. Payments in relation to this contract amounted to $10,250.

This statement excluded a benefit included in the aggregate amount of emoluments received or due and receivable by directors shown in the company’s accounts, of the fixed salary of a full-time employee of the company or related body corporate.

Other

The company is incorporated under the Corporations Act 2001 and is a company limited by guarantee. If the company is wound up, the constitution states that each member is required to contribute a maximum of $1.00 each towards meeting any outstanding obligations of the entity.

Auditor’s Independence Declaration

The lead auditor’s independence declaration for the year ended 31 December 2013 has been received and can be found on page 46.

Signed in accordance with a resolution of directors:

Mark HoltonDirector

At Gosford this 27th day of April 2014.


46 Auditors Independence Declaration I CCAS Annual Report 2013

Auditor’s Independence Declaration to the Directors

UNDER SECTION 307C OF THE CORPORATIONS ACT 2001To THE DIRECTORS OF: Central Coast Academy of Sport Limited

I declare that, to the best of my knowledge and belief, during the year ended 31 December 2013 there have been

i no contraventions of the auditor independence requirements as set out in the Corporations Act 2001 in relation to the audit; and

ii no contraventions of any applicable code of professional conduct in relation to the audit.

Peter G McIntyre, 15440, AuditorMacquarie Partners Central Coast

Unit 2, 3A Racecourse RoadGOSFORD NSW 2250


CCAS Annual Report 2013 I Trading Account 47

Trading AccountFor the year ended 31 December 2013

2013 2012

$ $

Trading income

Sponsorship 382,127 378,752

Government Subsidies 176,336 178,040

Athletes Registration 65,363 61,715

Other Income 61,932 69,886

Total Trading Income 685,759 688,393

Cost of Sales

Add:

Opening finished goods 99,961 77,445

Purchases 156,723 164,767

256,684 242,212

Less:

Closing finished goods 76,523 99,961

76,523 99,961

Cost of Sales 180,161 142,251

Gross Profit from Trading 505,597 546,142


48 Statement of Financial Performance I CCAS Annual Report 2013


Detailed Statement of Financial PerformanceFor the year ended 31 December 2013

Income 2013 2012

Trading Profit 505,597 546,142

Insurance Recoveries - 5,902

Interest Received 4,814 6,105

Total Income 510,411 558,149

Expenses

Academy Games 20,351 16,852

Accountancy 10,250 13,090

Advertising and Promotion 113,738 121,947

Audit Fees 3,980 5,100

Bad Debts - 545

Bank Fees and Charges 2,071 2,336

Board Expenses 836 39

Conference / Seminar Costs 171 740

Computer Expenses 6,499 5,147

Consultants Fees 250 40,500

Depreciation Expenses 19,694 22,865

Donations 5,300 1,300

Electricity 1,000 1,000

Filing Fees 43 42

Fines - 69

Freight and Cartage 2,551 807

Function Expenses 773 -

Insurance 10,871 11,658

Interest - Australia 6,816 5,526

Internet Access 3,668 471

Marketing and Promotion - 2,861

Meeting - Sports 920 3,733

Membership Fees 2,505 1,459

CCAS Annual Report 2013 I Statement of Financial Performance 49


Detailed Statement of Financial Performance cont...For the year ended 31 December 2012

2013 2012

Fuel and Oil 6,695 7,298

Registration and Insurance 3,346 3,198

Repairs and Maintenance 2,117 1,139

Parking and Tolls 871 1,313

Motor Vehicle - Other 182 -

Newsletter Expenses 168 -

Photography 75 540

Postage 865 919

Printing and Stationery 6,260 10,618

Provision for Annual Leave 6,274 (7,377)

Rent 11,000 11,000

Repairs and Maintenance 1,018 1,020

Salaries 213,243 199,727

Staff Amenities 5,905 6,004

Sponsorship Costs 1,560 5,198

Storage 2,473 2,891

Subscriptions 1,085 1,467

Superannuation 19,447 17,673

Telephone 8,129 10,444

Trade Mark License Fees 7,000 7,000

Travelling Expenses 813 10,818

Uniforms 598 555

Web Site 5,280 4,219

Total Expenses 516,692 553,752

Profit (Loss) from Ordinary Activities Before Income Tax

(6,280) 4,397

50 Statement of Comprehensive Income I CCAS Annual Report 2013


Statement of Comprehensive IncomeFor the year ended 31 December 2013

Note 2013 2012

$ $

Classification of Expenses by Nature

Revenues from ordinary activities 2 690,572 700,400

Changes in inventories of:

- Finished goods (23,438) 22,516

Raw materials and consumables used (156,723) (164,767)

Borrowing costs expense 3 (6,816) (5,526)

Depreciation and amortisation expenses 3 (19,694) (22,865)

Other expenses from ordinary activities (490,181) (525,360)

Profit from ordinary activities before income tax 2 (6,280) 4,397

3 - -

Income Tax revenue relating to ordinary activities - -

Net profit attributable to members of the company (6,280) 4,397

Total changes in equity other than those resulting from transactions with owners as owners

(6,280) 4,397

Opening retained profits 266,465 262,068

Net profit attributable to members of the company (6,280) 4,397

Closing retained profits 260,185 266,465

CCAS Annual Report 2013 I Statement of Financial Position 51


Statement of Financial PositionAs at 31 December 2013

Note 2013 2012

Current Assets $ $

Cash Assets 4 222,008 293,660

Receivables 5 50,913 54,135

Inventories 6 76,523 99,961

Other 7 5,624 5,558

Total Current Assets 355,068 453,313

Non-Current Assets

Property, Plant and Equipment 8 81,711 100,803

Total Non-Current Assets 81,711 100,803

Total Assets 436,779 554,116

Current Liabilities

Payables 9 41,033 37,884

Financial Liabilities 10 15,073 13,651

Provisions 11 38,845 32,571

Other 12 35,750 143,000

Total Current Liabilities 130,700 227,106

Non-Current Liabilities

Financial Liabilities 10 45,894 60,545

Total Non-Current Liabilities 45,894 60,545

Total Liabilities 176,594 287,651

Net Assets 260,185 266,465

Equity

Retained Profits 260,185 266,465

Total Equity 260,185 266,465

52 Statement of Changes in Equity I CCAS Annual Report 2013


Statement of Changes in EquityFor the year ended 31 December 2013

Note Retained Profit

Total

$ $

Balance as at 01/01/2012 262,068 262,068

Total other comprehensive income for the year 4,397 4,397

Subtotal 266,465 266,465

Balance as at 31/12/2012 266,465 266,465

Profit attributable to the members (6,280) (6,280)

Subtotal 260,185 260,185

Balance as at 31/12/2013 260,185 260,185

CCAS Annual Report 2013 I Statement of Cash Flows 53

Statement of Cash FlowsFor the year ended 31 December 2013

2013 2012

$ $

Cash Flow From Operating Activities

Receipts from customers 689,824 851,030

Payments to Suppliers and employees (744,799) (680,856)

Interest Received 4,814 6,105

Interest and Other Costs of Finance (6,816) (5,526)

Net Cash Provided by (used in) Operating Activities (Note 2)

(56,977) 170,754

Cash Flow From Investing Activities

Payment for:

Loans to directors (844) -

Payments for property, plant and equipment (602) (7,335)

Proceeds from disposal of:

Loans to other related companies - 10,127

Net cash provided by (used in) investing activities (1,446) 2,792

Cash Flow From Financing Activities

Proceeds of Borrowings 552 60

Repayment of Borrowings (13,781) (16,721)

Net cash provided by (used in) financing activities (13,229) (16,661)

Net increase (decrease) in cash held (71,652) 156,885

Cash at the beginning of the year 293,660 136,775

Cash at the end of the year (note 1) 222,008 293,660


54 Statement of Cash Flow / Notes to Financial Statements I CCAS Annual Report 2013


2013 2012

Note 1: Reconciliation of Cash $ $

For the purposes of the statement of cash flows, cash includes cash on hand and in banks and investments in money market instruments, net of outstanding bank overdrafts.Cash at the end of the year as shown in the statement of cash flows is reconciled to the related items in the balance sheet as follows:

Cash at bank 220,756 291,747

Cash at bank - Westpac 25-3421 1,252 1,775

Cash on hand - 138

222,008 293,660

Note 2: Reconciliation Of Net Cash Provided By/Used In Operating Activities To Net Profit

Operating profit (loss) after tax (6,280) 4,397

Depreciation 19,694 22,865

Changes in assets and liabilities net of effects of purchases and disposals of controlled entities:

(Increase) decrease in trade and term debtors 4,066 157,281

(Increase) decrease in finished goods 23,438 (22,516)

(Increase) decrease in prepayments (67) (577)

Increase (decrease) in trade creditors and accruals 2,082 7,571

Increase (decrease) in other creditors (106,183) 9,110

Increase (decrease) in employee entitlements 6,274 (7,377)

Net cash provided by operating activities (56,977) 170,754

Notes to the Financial Statements

For the year ended 31 December 2013

Note 1: Statement of Significant Accounting Policies

The financial report is a general purpose financial report that has been prepared in accordance with Accounting Standards and other authoritative pronouncements of the Australian Accounting Standards Board and the Corporations Act 2001.

The financial report covers Central Coast Academy of Sport Limited as an individual entity. Central Coast Academy of Sport Limited is a company limited by guarantee, incorporated and domiciled in Australia.

CCAS Annual Report 2013 I Notes to Financial Statements 55


The financial report has been prepared on an accruals basis and is based on historical costs and does not take into account changing money values or, except where stated, current valuations of non-current assets. Cost is based on the fair values of the consideration given in exchange for assets.

The following is a summary of the material accounting policies adopted by the economic entity in the preparation of the financial report. The accounting policies have been consistently applied, unless otherwise stated.

Income tax

The company is treated as a sporting body under Section 50-45 item 9.1 of the Income Tax Assessment Act 1997, and therefore it is exempt from income tax on all income it derives.

Inventories

Inventories are measured at the lower of cost and net realisable value. Costs are assigned on a first-in first-out basis.

The cost of manufactured products includes direct materials, direct labour and an appropriate portion of variable and fixed overheads. Overheads are applied on the basis of normal operating capacity. Costs are assigned on the basis of weighted average costs.

The cost of mining stocks includes direct material, direct labour, transportation costs and variable and fixed overhead costs relating to mining activities.

Property, Plant and Equipment

Each class of property, plant and equipment is carried at cost or fair value less, where applicable, any accumulated depreciation.

a) PropertyFreehold land and buildings are measured on the fair value basis, being the amount for which an asset could be exchanged between knowledgeable willing parties in an arm’s length transaction. It is a policy of Central Coast Academy of Sport Limited to have an independent valuation every three years, with annual appraisals being made by the directors.

The revaluation of freehold land and buildings has not taken account of the potential capital gains tax on assets acquired after the introduction of capital gains tax.

b) Plant and equipmentThe carrying amount of plant and equipment is reviewed annually to ensure it is not in excess of the recoverable amount from those assets. The recoverable amount is assessed on the basis of the expected net cash flows that will be received from the assets employment and subsequent disposal. The expected net cash flows have not been discounted to present values in determining the recoverable amounts.

The cost of fixed assets constructed within Central Coast Academy of Sport Limited includes the cost of materials, direct labour, borrowing costs and an appropriate proportion of fixed and variable overheads.

56 Notes to the Financial Statements I CCAS Annual Report 2013


c) DepreciationThe depreciable amount of all fixed assets including buildings and capitalised leased assets, but excluding freehold land, is depreciated on a straight line basis over their useful lives to Central Coast Academy of Sport Limited commencing from the time the asset is held ready for use. Properties held for investment purposes are not subject to a depreciation charge. Leasehold improvements are depreciated over the shorter of either the unexpired period of the lease or the estimated useful lives of the improvements.

The depreciation rates used for each class of depreciable asset are: Class of Asset Depreciation Rate % Plant 30%

Leases

Leases of fixed assets, where substantially all the risks and benefits incidental to the ownership of the asset, but not legal ownership, are transferred to Central Coast Academy of Sport Limited are classified as finance leases. Finance leases are capitalised recording an asset and a liability equal to the present value of the minimum lease payments, including any guaranteed residual value.

Leased assets are depreciated on a straight line basis over their estimated useful lives where it is likely that ownership of the asset will be obtained or over the term of the lease. Lease payments are allocated between the reduction of the lease liability and the lease interest expense for the period.

Lease payments under operating leases, where substantially all the risks and benefits remain with the lessor, are charged as expenses in the periods in which they are incurred.

Lease incentives under operating leases are recognised as a liability. Lease payments received reduce the liability.

InvestmentsShares in listed companies held as current assets are valued at those shares’ market value at each balance date. The gains or losses, whether realised or unrealised, are included in profit from ordinary activities before income tax.

Non-current investments are measured on the cost basis. The carrying amount of non-current investments is reviewed annually to ensure it is not in excess of the recoverable amount of these investments. The recoverable amount is assessed from the quoted market value for listed investments or the underlying net assets for other non-listed investments.

The expected net cash flows from investments have not been discounted to their present value in determining the recoverable amounts.

Intangibles

a) GoodwillGoodwill is initially recorded at the amount by which the purchase price for a business exceeds the fair value attributed to its net assets at the date of acquisition. Purchased goodwill is amortised on a straight-line basis over the period of 20 years. The balance is reviewed annually and any balance representing future benefits for which the realisation is considered to be no longer probable is written off.b) Patents and TrademarksPatents and Trademarks are valued in the accounts at cost of acquisition and are amortised over the period in which their benefits are expected to be realised.

CCAS Annual Report 2013 I Notes to the Financial Statements 57


Employee entitlements

Provision is made for the liability for employee entitlements arising from services rendered by employees to balance date. Employee entitlements expected to be settled within one year together with entitlements arising from wages and salaries, annual leave and sick leave which will be settled after one year, have been measured at their nominal amount. Other employee entitlements payable later than one year have been measured at the present value of the estimated future cash out flows to be made for those entitlements.

Contributions are made by Central Coast Academy of Sport Limited to an employee superannuation fund and are charged as expenses when incurred.

Central Coast Academy of Sport Limited does not record, as an asset or a liability, the difference between the employer established defined benefit superannuation plan’s accrued benefits and the net market value of the plans assets.

Central Coast Academy of Sport Limited operates an ownership-based remuneration scheme, details of which are provided in the Notes to Accounts. Profits or losses incurred by employees, being the difference between the market value and the par value of the shares acquired, are not recorded as remuneration paid to employees.

Cash

For the purpose of the statement of cash flows, cash includes cash on hand and in all call deposits with banks or financial institutions, investments in money market instruments maturing within less than two months, net of bank overdrafts.

Comparative Figures

Where required by Accounting Standards comparative figures have been adjusted to conform with changes in presentation for the current financial year.

Revenue

Revenue from the sale of goods is recognised upon the delivery of goods to customers. Interest revenue is recognised on a proportional basis taking in to account the interest rates applicable to the financial assets.

Dividend revenue is recognised when the right to receive a dividend has been established. Dividends received from associates and joint venture entities are accounted for in accordance with the equity method of accounting.

Revenue from the rendering of a service is recognised upon the delivery of the service to the customers.All revenue is stated net of the amount of goods and services tax (GST).

Goods & Service Tax (GST)

Revenues, expenses and assets are recognised net of the amount of GST, except where the amount of GST incurred is not recoverable from the Australian Taxation Office. 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 in the balance sheet are shown inclusive of GST. Cash flows are presented in the cash flow statement on a gross basis, except for the GST component of investing and financing activities, which are disclosed as operating cash flows.

58 Notes to the Financial Statements I CCAS Annual Report 2013


Note 2: Revenue 2013 2012

Operating Activities

Other Operating Revenue: 685,759 688,393

Interest revenue* 4,814 6,105

Other income:

Insurance Recoveries - 5,902

690,572 700,400

Interest Income 4,814 6,105

Note 3: Profit from Ordinary Actitvities

Profit (loss) from ordinary activities before income tax has been determined after:

Charging as Expense

Bad and doubtful debts - 545

Borrowing Costs:

- Other persons 6,816 5,526

Total borrowing costs 6,816 5,526

Cost of non-primary production goods traded 180,161 142,251

Depreciation of non-current assets:

-Plant and equipment 19,694 22,865

Total depreciation expenses 19,694 22,865

Note 4: Cash Assets

Bank Accounts

Cash at bank 220,756 291,747

Cash at bank - Westpac 25-3421 1,252 1,775

Other cash items:

Cash on hand - 138

228,008 293,660

CCAS Annual Report 2013 I Notes to the Financial Statements 59


Reconciliation of Cash: 2013 2012

Cash at the end of the financial year as shown in the statement of cash flows is reconciled to items in the statement of financial position as follows:

-cash 228,008 293,660

222,008 293,660

Note 5: Receivables

Current

Trade Debtors 45,473 49,539

Director and director related entity loans * 844 -

Amounts receivable from:

-Related parties 4,596 4,596

50,913 54,135

Note 6: Inventories

Current

Finished goods at cost 76,523 99,961

76,523 99,961

Note 7: Other Assets

Current

Prepayments 5,234 5,168

Other 390 390

5,624 5,558

Note 8: Property, Plant and Equipment

Plant and Eqiupment 196,170 195,569

-At Cost (114,459) (94,766)

81,711 100,803

81,711 100,803

60 Notes to Financial Statements I CCAS Annual Report 2013


Note 9: Payables 2013 2012

Unsecured:

- Trade creditors 13,060 10,979

- Other creditors 27,972 26,905

41,033 37,884

41,033 37,884

Note 10: Financial Liabilities

Current

Secured*:

- Hire Purchase liabilities 19,628 19,076

- Less: Unexpired hire charges (4,555) (5,425)

15,073 13,651

15,073 13,651

Non-Current

Secured*:



45,894 60,545

45,894 60,545

*Total Current and Non-Current Secured Liabilities



60,967 74,196

Note 11: Provisions

Current

Employee entitlements: 38,845 32,571

38,845 32,571

CCAS Annual Report 2013 I Notes to Financial Statements 61


* Aggregate employee entitlements liability 38,845 32,571

There were 3 employees at the end of the year

Note 12: Other Liabilities

Advance payments 35,750 143,000

35,750 143,000

Note 13: Events Subsequent to Report Date

Since the end of the financial year the company has had no material subsequent events.

Note 14: Auditor’s Remuneration

Audit Fees 3,980 5,100

Note 15: Related Parties

Transactions between related parties are on normal commercial terms and conditions no more favourable than those available to other parties unless otherwise stated.Transactions with related parties:

Director-Related Entities

Transactions with director-related entities:

During the year ended 31 December 2013, Central Coast Academy of Sport Limited entered into a contract with Gold Coast Academy of Sport for whom Ian Robilliard and Mark Holton are a direc-tor, to provide operational assistance 2,500

During the year ended 31 December 2013, Central Coast Academy of Sport Limited entered into a contract with Skilled Sports Pty Limited for whom Ian Robilliard is a director, to provide operational assistance

7,000

During the year ended 31 December 2013, Central Coast Academy of Sport Limited entered into a contract with Dynamic Taxation & Training Services for whom Mark Holton is a director, to provide accounting and taxation assistance

10,250

Identification of Related Parties:

Gold Coast Academy of Sport Limited

Skilled Sports Pty Limited

Dynamic Taxation & Training Services

62 Directors’ Declaration I CCAS Annual Report 2013


The entity is incorporated under the Corporations Act 2001 and is a company limited by guarantee. If the company is wound up, the constitution states that each member is required to contribute a maximum of $1.00 each towards meeting any outstandings and obligations of the company. At 31 December 2012 the number of members was 6.

Directors’ Declaration

The directors of the company declare that:

1. the financial statements and notes are in accordance with the Corporations Act 2001 and:

(a) comply with Accounting Standards and the Corporations Regulations; and

(b) give a true and fair view of the company’s financial position as at 31 December 2013 and of its performance for the year ended on that date;

2. in the directors’ opinion, there are reasonable grounds to believe that the company will be able to pay its debts as and when they become due and payable.

This declaration is made in accordance with a resolution of the Board of Directors.

Ian Robilliard Mark HoltonDirector Director

Dated 30th April 2013

Note 16: Company Details

The registered office of the company is:

Central Coast Academy of Sport Limited115 Scenic HighwayTerrigal NSW 2260

The principal place of business is:

Central Coast Academy of Sport LimitedThe Regional Athletics TrackMingara Recreation ClubMingara DriveTumbi Umbi NSW 2261

Note 17: Member Guarantee

CCAS Annual Report 2013 I Independent Audit Report 63


Independent Audit Report to the Members ofCentral Coast Academy of Sport Limited

Report on the Financial Report

We have audited the accompanying financial statements of Central Coast Academy of Sport Limited (the company), which comprises the Directors’ Declaration, the Statement of Profit or Loss and Other Comprehensive Income, the Statement of Financial Position, Statement of Cash Flows, Statement of Changes In Equity, a summary of significant accounting policies and other explanatory notes for the financial year ended 31 December 2013.

Directors’ Responsibility for the Financial Report

The directors of the company are responsible for the preparation and fair presentation of the financial report that gives a true and fair view in accordance with Australian Accounting Standards (including Australian Accounting Interpretations) and the Corporations Act 2001 and for such internal control as the directors determine is necessary to enable the preparation of the financial report that is free from material misstatement, whether due to fraud or error. In note 1, the directors also state, in accordance with Accounting Standard AASB 101: Presentation of Financial Statements, that the financial statements comply with International Financial Reporting Standards (IFRS).

Auditor’s Responsibility

Our responsibility is to express an opinion on the financial report based on our audit. We conducted our audit in accordance with Australian Auditing Standards. Those Standards require that we comply with relevant ethical requirements relating to audit engagements and plan and perform the audit to obtain reasonable assurance whether the financial report is free from material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial report. The procedures selected depend on the auditor’s judgement, including the assessment of the risks of material misstatement of the financial report, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the 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. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made by the directors, as well as evaluating the overall presentation of the financial report.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.

Independence

In conducting our audit, we have complied with the independence requirements of the Corporations Act 2001. We confirm that the independence declaration required by the Corporations Act 2001, provided to the directors of Central Coast Academy of Sport Limited on 31 December 2013 would be in the same terms if provided to the directors as at the date of this auditor’s report.

64 Independent Audit Report I CCAS Annual Report 2013


Auditor’s Opinion

In our opinion:

a. the financial report of Central Coast Academy of Sport Limited is in accordance with the Corporations Act 2001, including:

(i) giving a true and fair view of the company’s financial position as at 31 December 2013 and of its performance for the year ended on that date; and

(ii) complying with Australian Accounting Standards (including Australian Accounting Interpretations) and the Corporations Regulations 2001;

b. The financial report also complies with International Financial Reporting Standards as disclosed in Note 1.

Signed on :

Peter G McIntyre, 15440, AuditorMacquarie Partners Central Coast

Unit 2, 3A Racecourse RoadGOSFORD NSW 2250

30 April 2014

Central Coast Academy of SportPO Box 337Terrigal NSW 2260P (02) 4349 7756E [email protected]

www.thinksport.com.au

CCAS annual report 2013

Documents

Transcript of CCAS annual report 2013