ABN 71 001 053 845 Annual Report and Financial …narrabribowlingclub.com.au/wp-content/uploads/2017/06/...Annual Report and Financial Statement June 2016 2 Contents Page Front Cover

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Narrabri Bowling Club Limited

ABN 71 001 053 845

Annual Report

and

Financial Statement

June 2016

2

Contents Page

Front Cover The Bowling Club New Solar Panels 1 Contents Page 2 Agenda 3 Nominations received for the Board 4 Office Bearers 2015/2016 5 President’s Report 6 Treasurer’s Report 8 Ladies Office Bearers 2016/2017 9 Ladies President’s Report 10 Ladies Treasurers Report 12 Bowls Report Men’s Committee 13 Selector’s Report 14 Narrabri Flying Bowlers President’s Report 15 Narrabri Flying Bowlers Balance Sheet 16 Narrabri Travelling Mixed Bowlers President’s Report 17 Narrabri Travelling Mixed Bowlers Balance Sheet 19 Results of Matches 20 Community Support 22 Sponsors 23 Financial Statements 25

Visit us at

www.narrabribowlingclub.com.au

and on facebook.

http://www.narrabribowlingclub.com.au/

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NARRABRI BOWLING CLUB LIMITED

Licensed under the N.S.W. Liquor Act

ABN 71 001 053 845

The Annual General Meeting of the NARRABRI BOWLING CLUB LIMITED will be

held in the Club Rooms, 176 Maitland Street, Narrabri NSW, on Sunday, 6th

November 2016 commencing at 9.30am.

AGENDA

[1] To confirm the minutes of the Annual General Meeting of the Narrabri

Bowling Club Limited held on Sunday, 8th November 2015.

[2] To receive the Presidents report

[3] To receive and consider the Annual Reports and Financial Statements for

the 2015/2016 financial year.

[4] To receive the Returning Officer’s Report and declaration of the Ballot.

[5] To receive the recommendation regarding out of pocket expenses paid to

Directors

[6] Appointment of an Auditor for 2016/2017

[7] To deal with any other business for which due notice has been given.

Questions relating to Finance or other business must be received, in

writing, by the Secretary Manager not less than seven [7] days prior to the

AGM.

[8] General Business

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2016/2017 NOMINATIONS

ANNUAL GENERAL MEETING SUNDAY 6th November, 2016

POSITION CANDIDATE PROPOSER SECONDER

President Allan Gray Peter Williams Archie Sheppherd

Nominations for PRESIDENT, VICE PRESIDENT, DIRECTORS & SELECTORS

REMAIN OPEN AT THE TIME OF PRINTING.

NOMINATIONS CLOSE at 5.00PM WEDNESDAY 19 October, 2016

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Office Bearers 2015/2016

President Allan Gray

Vice President Peter Lonergan

Directors Allen Cameron

Robert Wolters

Marie Redman

Chris McColley

Cindy Neil

Robert Small

Frank Elder

Graham Rose

Patrons DW Baguley

FJ Wangman

TC Smith

WG Prosser

VB Newton

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President’s Report

Thank You members. Another very difficult trading year. The downturn in Gaming has had a

very significant effect on our result. The results will be detailed in the Treasurer’s report.

Also, the auditors due to financial regulations, have taken up the loss on the sale of the old

solar panels and the impairment costs of repairing the roof as it had to be taken up in the year

the cost was known and not in the year the work was carried out. There will be a reversal of

these amounts in the 2016-2017 financial year. The new solar panels were made available to

us at no cost and the only cost to the club was the removal of the old and the installation of

the new.

I believe that the most significant decision made during the year was to replace the roof at a

net cost after insurance of $50,000 and have a leak free club for the first time in many, many

years. It has also enhanced the external appearance of the club.

I must say thank you to General Manager Tony Freeman for his contribution to the Club and

the Motel. Many will know he accepted the position of Motel Manager with wife Diane Upton

and after much deliberation he decided to work out the balance of his and Di’s current

contract. Together they have greatly reduced the operating costs of the motel to the point

where although income was down on last year by around $26,000, profit was increased by

about $30,000 so a $56,000 turnaround.

To our Operations Manager, Kaylene Bourke who continues to work above and beyond her

rostered hours, thank you. To all the other staff who contribute to making Narrabri Bowling

Club a nice place to be, keep up the smiling faces and positive outlook as it appreciated by

both members and visitors. To our Motel Manager, Diane Upton who with the assistance from

Tony Freeman has made significant cost savings as detailed above, thank you.

To all the volunteers, especially the coaches and umpires, thank you for your time and efforts.

The club is a better place because of your efforts.

Thanks you to ladies President Eva Sadler and her very willing band of ladies. The time and

effort you contribute is invaluable and the members and the club are always very appreciative

of your efforts. To James Bennett for the first five months and Will and Fiona and staff, a big

thank you for your meals. A great result for the club.

To the Men’s Bowls Committee with President Archie and especially Bob Ireland and Kevin

Hulbert who have done most of the programming, thank you. I appreciate the time and effort

taken to run this committee and it is a thankless task.

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To the selectors on being able to take the No.2 and No.6 Pennant sides to the State Playoffs. A

great achievement.

To members who have lost loved ones during the year, my condolences to you and your

families.

Once again, thank you, the members for your continued support. I am sure the incoming Board

will continue to work to give you the best facilities and entertainment for your enjoyment in

the coming year.

Allan Gray

President

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Treasurer’s Report.

Overall the business has made a profit of $63,057 compared to last year’s $109,282. This year’s figure has

been affected by the loss on sale of fixed assets of $16,782 most of which was related to the sale of the solar

panels so effectively the operating profit was $79,839 compared to $109,282 last year. So although the

turnover in total was down by $319,000 the operating profit has decreased by only $29,557.

It has been a difficult year with the whole town being quiet most of the time. In particular our gaming turnover

is down again and a lot of hotels and clubs in the region are having the same problem.

The result for the year in $000’s (with comparisons to the last two years) is broken down as follows:

2014 2015 2016

Club Motel Total Club Motel Total Club Motel Total

Turnover $1,698 $1,126 $2,824 $1,597 $1,026 $2,625 $1,306 $1,000 $2,306

Cost of Sales

$ 798 $ 253 $1,051 $ 780 $ 241 $1,021 $ 684 $ 231 $ 879

Gross Profit $ 900 $ 872 $1,772 $ 817 $ 785 $1,602 $ 622 $ 769 $1,391

Expenses $ 947 $ 621 $ 1,568 $ 883 $ 610 $ 1,493 $ 759 $ 569 $ 1,328

Net Profit $ (47) $ 251 $ 204 $ (66) $ 175 $ 109 $ (137) $ 200 $ 63

To emphasize how effective the cost savings made during the last few years really are, in 2012, the total

turnover from the Club and the Motel was $3,361,118, in excess of $1,000,000 more than this year, but the

operating profit in that year was only $16,481 where this year we have made an operating profit of $79,839

and in 2012 there were no C. E. O costs.

Depreciation expense was $181,417.

Overall the business has generated cash of $287,550. This cash has been used to reduce our loan liability by an

amount of $111,251 and to purchase property, plant and equipment of $180,918.

Cash and cash equivalents at the end of the 2016 financial year amount to $222,009 compared to $226,628

last year. Suppliers and other creditors were $143,077 compared to $119,518 last year and total borrowings

were $2,831,333 compared to $2,942,584 in 2015.

Hopefully with the good rains during the last few months, trading will increase into the future.

Allan Gray

Honorary Treasurer.

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Ladies Office Bearers 2015/2016

President: Eva Sadler

Vice Presidents: Nola McNamara

Dawn Armstrong

Secretary: Lynette Wedesweiler

Treasurer: Janet Coleman

Match Committee: Anne Prosser (Head)

Joy Smith

Ronnie Dewar

Selection Committee: Val Falkiner (Head)

Beverley Ryan

Helen Woodward

Publicity Officer: Nola McNamara

Social Committee: Pat Shiels (Head)

Eletha Bailey

Rhonda Welchman

Delegates to Namoi District: Beverley Ryan

Dawn Armstrong

Mary Wheeler

Patron: Anne Prosser

Marie Coleman

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Ladies President Report

It is with pleasure that I submit this report. I have learnt a lot this past 12 months, the most

important thing being that without support of every lady bowler we will not survive. We have

increased our numbers this year with new bowlers and hope we can keep going forward.

I would like to congratulate the following winners, Club Singles- Mary Wheeler, Club Pairs –

Lorraine Scott & Debbie Gleeson, Club Triples – Rhonda Welchman, Cindy Neil, Kay Parker,

Club Fours – Rhonda Welchman, Kay Parker, Val Falkiner, Eletha Bailey, Minor Singles &

Consistency Singles – Gail Panton. To all other winners congratulations.

Winners in the Namoi District Events – Singles – Beverley Ryan, Open Pairs – Lorraine Scott 7

Beverley Ryan, Senior Fours – Beverley Ryan, Dawn Armstrong, Lyn Wedesweiler, Marie

Redman, Open Fours – Myself, Mary Wheeler, Val Falkiner & Janet Coleman. All the best at

Regional Playoffs.

To our Pennant Team who competed at Culburra in the State Play Offs in 2015 we nearly got

there again but not quite. Also for winning the Namoi District Title for 2016 and giving it a

great try in Tamworth at Regional Level. Great effort.

The wonderful Management Committee, our Secretary Lyn, Vice Presidents Nola & Dawn,

Delegates Beverly, Mary and Dawn, Match Committee Ann, Joy and Ronnie, Selection

Committee Helen, Val and Beverley and our Social Committee Rhonda, Pat and Eletha. Thank

you.

Our Spring Carnival went off well with the new catering arrangements with the club and

James. It was with sadness that is was James’ last year with us. We had a full Carnival and a

very successful time with many ladies looking to come back. Another great effort from our lady

bowlers.

We had some great nights at 7up with different winners each week and are looking forward to

this competition again this summer.

To our coach Beverley Ryan, who makes herself available any time to coach and help all

bowlers, thank you.

Congratulations to Marie, Rhonda, Mary & Beverley for becoming Umpires, Markers and

Measurers. Maybe this year we could get some more Markers and Measurers.

I would like to thank everyone involved with the Annual Booklet which has had some changes

this year. I believe we are becoming the envy of many clubs with this booklet and that our

ladies have the chance to see when events will be played. Fantastic job.

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All the best to the incoming Management Committee for 2016/2017, it seems each month

something new comes from head office.

To our Patrons Ann Prosser & Marie Coleman we hope your year ahead goes well.

To all who have lost someone throughout the year, my deepest sympathy and may the next 12

months bring good bowling, great friendship and good health.

Once again, thank you ladies on a fantastic effort throughout the year.

Narrabri Bowling Club Ladies Committee

Madam President

Eva Sadler

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Narrabri Women’s Bowling Club Income & Expenditure for the year ending 30 June 2016

Description Income Expenditure

Club Singles

Nomination Fees $ 130.00

Green Fees $ 140.00

Club Pairs


Green Fees $ 240.00

Club Triples


Green Fees $ 270.00

Club Fours


Green Fees $ 240.00

Minor Singles Nomination Fees $ 140.00

Green Fees $ 110.00

Consistency Singles


Green Fees $ 150.00

Presidents Pairs


Green Fees $ 240.00

Over 70 Singles


Green Fees $ 130.00

Social Trophy Fees/Expenses $ 90.00 $ 90.00

Green Fees $ 1695.00

Trophy Day

Green Fees $ 210.00

Trophy Fees/Expenses $ 210.00 $ 210.00

Patrons Trophy

Green Fees $ 390.00

Seven Up

Green Fees $ 190.00

Trophy Fees/Expenses $ 190.00 $ 190.00

Spring Carnival

Raffle $ 1,154.00 $ 100.00

100 Club $ 800.00 $ 400.00

Mother's Day

Raffle $ 1,989.30 $ 350.00

Under 5 Years Singles


Green Fees $ 80.00

Totals: $ 9,418.30 $ 1,340.00

Money given to the Club from 1 July 2014 to 30 June 2016

$ 8,078.30

Prepared by Janet Coleman, Treasurer

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Narrabri Bowling Club Men’s Committee

The committee has been in place for the past 12 months with mixed success and we are looking to a new committee being formed on the 30th October so that it can be presented to the members at the Annual meeting on the 6th November. I would firstly like to thank all committee members for the work they have put in over the past twelve months and in particular special thanks to Bob Ireland and Kevin Hulbert for the many hours and effort they put in to put a programme in place for the bowlers of this club. Both of these men plus Graham Spence also put in a considerable effort as Pennant Selectors, a job where everyone is an expert but no one wants the job. The number 2s and Number 6s both went on to play in the State playoffs which I feel is a great effort all round. The Men’s Bowls Committee is I feel a necessity if the game of bowls is to continue and prosper. The committee is only in early stages and can only become stronger and foster bowls in the future if the men bowlers of the club stand up and have input into the direction you want to see of the Club’s future. The Club will be without a very important member next year as Adrian Samuelsson has been promoted to a position on the coast. Adrian is not only a very accomplished bowler but he is also a very good administrator and programmer for this club, district and zone. I would like to take this opportunity on behalf of all his fellow bowlers and club members to wish him and Julie all the very best for their future.

Regards, Archie Sheppard President Men’s Bowls Committee.

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Selectors Report Once again our club has had an outstanding year in the pennants contesting the No.2, 6 & 7s within our district, with the 2’s & 6’s going through to the state playoffs. This has not been achieved for many years within our district proving that we are amongst the top echelon of Bowling clubs NSW. The no.2 Pennant team played very strongly throughout the year and were very unlucky not to have proceeded to the last 16 in the State. They were beaten in a count back by 6 shots. The No.6 Pennant team won our district but were out classed in the zone playoffs. The No.7 Pennant team need to be congratulated on their performance as they were thrown together with a lot of them playing in positions that they have never played prior. A special thanks to Leo Hall, a junior at 12 years old. Leo played incredibly well for our Club and should be very proud of his achievements for the year. I would like to thank all the players that represented our Club on their efforts throughout the year. The way our bowlers conduct themselves while away should be commended. It is a real credit to our club. Narrabri had 8 players represent North West in the Watkins shield (A selection for the Zone Side). North West went on to win the Watkins Shield unbeaten. North West has not won the Watkins Shield for 16 years. We had 3 bowlers selected to represent the Zone – Peter Hobday, Graham Spence & Ty Baker. I would like to thank my fellow selectors, Bob & Graham for the year. A special thanks to Kaylene as without her guidance there would be no pennants. Kaylene is our backbone. I would like to wish all the best to the incoming selectors and hope the season is a great success. Kind Regards, Kevin Hulbert Chairman of Selectors

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Narrabri Flying Bowlers


Since the last AGM

Provide a barbeque lunch for Narrabri Auxilary Charity Bowls Day.

Had a combined trip to Orange with the Narrabri mixed travelling bowlers.

We also had the sad passing of Kevin “Grub” Shiels.

Peter Lonergan

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Narrabri Flying Bowlers

Balance Sheet 2015/2016

Income

Proceed from Friday night raffles $ 5,500.00

Interest $ 226.53

Orange Trip $ 3,700.00

Total Income $ 9,426.53

Expenditure

Orange Trip $ 7,166.00

Coach $ 2,424.00

Motel $ 4,746.00

Breakfast for Newcastle $ 471.95

Frank Pollard’s Wake $ 200.00

Total Expenditure $ 7,837.95

Net Income $ 1,588.58

Opening Balance $ 15,423.10

Closing Balance 30th June 2016 $ 17,011.68

Prepared by Allan Gray Treasurer

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Narrabri Travelling Mixed Bowlers


Once again thank you to Marie Redman for the outstanding skills as Secretary/Treasurer. A

terrific job and thanks to the committee who work very well together.

We started the year off with Denman visiting our Club on 6th & 7th February, 2016. A fantastic

time was had by all who came along and bowled on these days.

Our next outing was to Orange with a mixed tour with the Flying Bowlers. This was a very

enjoyable trip and many thanks to the Flying Bowlers as without them this trip would not have

been possible. Thanks to Rob who went out of his way to make the trip great, to Allan for

organising the trip and anyone else who was involved in the organising of such a great time.

Many thanks to everyone who came and enjoyed the trip.

We did not hold the Easter Carnival due to lack of entries.

Maybe we can have a change on this Carnival – something that we can all discuss. All ideas are

welcome as we need to have people in our club.

Many thanks to the Club Limited again for allowing us to raise money throughout the year.

By now everyone has their new bowls shirts, which look great. Most people who see them

want one. Maybe we can start a new business?

We will be visiting Denman on the 25th & 26th February 2017 as it is our turn to travel. We are

starting a trophy to play for each year with Denman so lots of practice before we go. We have

done well so far the trip is lots of fun.

It is still very hard to organise travelling Bowls trips throughout the year as our club holds a lot

of bowls competitions. Many clubs want us to travel to them but they have no Travelling

Bowlers in their club. I will keep looking and asking.

So everyone keep safe for the next year and keep bowling.

Always travel safe as we all seem to do quite a few kilometres throughout the year.

Eva Sadler

President

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I present this report to Narrabri Club Limited on behalf of

President, Secretary and Committee Members

Of Narrabri Travelling Mixed Bowlers

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Narrabri Travelling Mixed Bowlers Profit & Loss 2016

Income: Easter Carnival Carnival cancelled for 2016 Entry fees

$ -

100 clubs Donation from Sunday bowlers Sale of food already purchased

$ -

$ -

Expenses Easter carnival Prize money

$ - Food

Profit

$ -

Ticket sales

Bank balance as at 30th June 2016

$ 4,002.75

Income Membership fees

$ 135.00

T-shirts

$ 28.30

Pick a sport raffle

$ 505.00

Expenses Denman visit

-$ 132.90

Easter carnival stamps

-$ 40.00

Purchase bowls for raffle

-$ 550.00 Flags to donate to greens

-$ 183.10

Bank balance as at 30th June 2016

$ 3,765.05

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Results of Matches

All results proudly sponsored by

Ladies Club Singles:

Winner: Mary Wheeler

Runner Up: Janet Coleman

Ladies Club Pairs:

Winner: Lorraine Scott & Debbie Gleeson

Runner Up: Dawn Armstrong & Eva Sadler

Ladies Club Triples:

Winner: Rhonda Welchman, Cindy Neil, Kay Parker

Runner Up: Marie Redman, Joan Burrell, Beverley Ryan

Ladies Club Fours:

Winner: Rhonda Welchman, Kay Parker, Val Falkiner, Eletha Bailey

Runner Up: Joan Burrell, Helen Woodward, Janet Coleman, Gail Panton

Ladies Minor Singles:

Winner: Kay Carolan

Runner Up: Jan Etheridge

Ladies Consistency Singles:

Winner: Lorraine Scott

Runner Up: Mary Wheeler

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Ladies President Pairs:

Winner: Rhonda Fitzgerald & Eva Sadler

Runner Up: Trish Allison & Dawn Armstrong

Ladies Under 5 Years:

Not yet decided

Ladies Veteran Singles:

Not yet decided

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Narrabri Bowling Club Ltd thanks the following Sponsors:

http://www.google.com.au/url?sa=i&rct=j&q=&esrc=s&source=images&cd=&cad=rja&uact=8&ved=0CAcQjRxqFQoTCLOZyfCU8MYCFeEcpgodxcUGTA&url=http://mumbrella.com.au/host-picks-tooheys-following-pitch-274433&ei=okuwVbPABuG5mAXFi5vgBA&bvm=bv.98476267,d.dGY&psig=AFQjCNFb812I4Tk7JhgFz27Inro4DmXYjQ&ust=1437703437355841

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Narrabri Bowling Club is proud to support the following community, sporting, social and charity groups.

Galloping Gully Polocrosse Narrabri Aboriginal Education

Narrabri Seniors Week Narrabri Show Society

Narrabri Junior Soccer Club Narrabri Jockey Club

Narrabri Rugby League Narrabri Soccer League

Narrabri Car Club HACC

Narrabri Hospital Auxiliary Narrabri Can Assist

Narrabri Cricket Association Hunter New England Local Health

20/Twenty Cricket Narrabri High School

Relay for Life Lady Lioness Group

Community Health Men’s Group Community Health Day Centre

North West Show Society Men of League

Westpac Helicopter Rescue Service Red Cross

Narrabri Mental Health View Club

Narrabri Dirt Bike Club Narrabri Public School P&C

Meals on Wheels Narrabri Boxing Club

Max FM Radio Narrabri Police Local Command

Old Blues Foundation Narrabri Football League - Eagles

Newtown Park Trust 1st Narrabri West Scout Group

Life Worth Living Narrabri Parkinson’s Support

Group Narrabri Pony Club

St Francis Xavier’s Catholic School Country Cotton Line Dancers

Whiddon Group Variety Kids Appeal (Woolworths)

http://www.google.com.au/url?sa=i&rct=j&q=&esrc=s&source=images&cd=&cad=rja&uact=8&ved=0CAcQjRxqFQoTCJ-N_rOW-sYCFaSepgod2gwEkw&url=http://www.computercrisiscentre.com/blog/&ei=aYu1Vd-0EqS9mgXamZCYCQ&bvm=bv.98717601,d.dGY&psig=AFQjCNHfEsR84SJ16Lt2MmypmKbu4O72EA&ust=1438047427330585

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Thursday Night – Golf Putting in the Club

Narrabri Primary School Children – enjoy playing ‘Jack Attack’

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Narrabri Bowling Club Limited 71 001 053 845

Financial Statements For the Year Ended 30 June 2016


Contents For the Year Ended 30 June 2016

Page

Financial Statements

Directors' Report 1

Auditors Independence Declaration under Section 307C of the Corporations Act 2001 5

Statement of Profit or Loss and Other Comprehensive Income 6

Statement of Financial Position 7

Statement of Changes in Equity 8

Statement of Cash Flows 9

Notes to the Financial Statements 10

Directors' Declaration 24

Independent Audit Report 25


Directors' Report 30 June 2016

2

Your directors present their report on Narrabri Bowling Club Limited for the financial year ended 30 June 2016.

Directors

The names of the directors in office at any time during, or since the end of, the year are:

Names

Allan Gray

Position

President and Honorary Treasurer

Appointed/Resigned

Peter Lonergan Vice President Allen Cameron Director Elected 12/11/15

Robert Wolters Director Elected 12/11/15

Marie Redman Director Elected 30/11/15

Robert Small Director Resigned 22/03/16

Chris McColley Director Resigned 8/11/15

Cindy Neil Director Resigned 8/11/15

Frank Elder Director Resigned 8/11/15

Graham Rose Director Resigned 8/11/15

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

Information on directors

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

Allan Gray President and Honorary Treasurer

Qualifications Retired

Experience Accountant

Peter Lonergan Vice President

Qualifications Agronomist

Allen Cameron Director

Qualifications Customer Service Manager AG&VET

Experience Business Manager

Robert Wolters Director

Qualifications Wolters Bus & Coach Services

Experience Business Owner

Marie Redman Director

Qualifications Administration Manager

Experience Office Manager

Robert Small Director


Experience Mechanic Workshop Manager


Directors' Report 30 June 2016

3

Information on directors continued

Chris McColley Director

Qualifications Service/Parts Manager

Experience Narrabri Holden

Cindy Neil Director

Qualifications Teachers Aide

Frank Elder Director


Experience Small Motor Engines

Graham Rose Director

Qualifications Australia Post Contractor

Experience Taxi Driver/owner operator

Principal activities

The principal activities of Narrabri Bowling Club Limited during the financial year were:

to promote and conduct the game of bowls and sporting games, amusements, entertainment, pastimes and

recreation associated therewith;

to provide motel accomodation services for bowling visitors and other visitors.

No significant changes in the nature of the Company's activity occurred during the financial year.

Short term objectives

The Company's short term objectives are to:

Provide excellent culture, hospitality services and recreational facilities that meet the needs of the members and the

wider community;

Continually operate in a manner that ensures the long term viability of the Club; and

Manage the business in a manner so as to maintain and increase the profitability of the Club.


71 001 053 845

The accompanying notes form part of these financial statements. 6

Long term objectives

The Company's long term objectives are to:

Continually operate in a manner that ensures the long term viability of the Club and retire existing debt.

Maintain quality bowling greens and other facilities for the enjoyment of the members, their guests and visitors.

Strategy for achieving the objectives

To achieve these objectives, the Company has adopted the following strategies:

The Narrabri Bowling Club Limited is working with the current budget and strategic plan created in conjunction with

the Board, Management and advisors which have been in place for previous and coming year. All results are measured on a weekly, monthly and quarterly basis.

How principal activities assisted in achieving the objectives

The principal activities assisted the Company in achieving its objectives by:

Striving to continue to attract members and their guests to support the Club's activities.

Performance measures

The following measures are used within the Company to monitor performance:

financial surpluses;

positive cash flows from operations;

Motel occupancy rates;

Level of memberships; and

Club visitations.

Members Guarantee

Narrabri Bowling Club Limited is a company limited by guarantee. In the event of, and for the purpose of winding up of the company, the amount capable of being called from each members and any person or association who ceased to be a member in the year prior to the winding up, is limited to $1 for members, subject to the provisions of the company’s constitution. As at 30 June 2016 the collective liability of members was $1,866 (2015: $2,130) Narrabri Bowling Club Limited 71 001 053 845


71 001 053 845


Auditors Independence Declaration under Section 307C of the Corporations

Act 2001 to the Directors of Narrabri Bowling Club Limited

I declare that, to the best of my knowledge and belief, during the year ended 30 June 2016, 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.

Forsyths

Paul Cornell Partner 92 Rusden Steer, Armidale NSW 2350

26 September 2016


71 001 053 845



71 001 053 845


Statement of Profit or Loss and Other Comprehensive Income

For the Year Ended 30 June 2016

Note

2016

$

2015

$

Club revenue 2 1,125,304 1,359,094

Cost of Goods Sold (876,919) (1,019,081)

Gross profit 248,385 340,013

Motel and other income 2 1,202,195 1,272,243

Marketing expenses (56,621) (76,229)

Occupancy costs (24,984) (19,285)

Administrative expenses (780,025) (841,588)

Other expenses (365,996) (400,459)

Finance costs (159,898) (165,413)

Profit for the year 63,056 109,282

Other comprehensive income

Other comprehensive income 7 (132,000) -

Total comprehensive (loss)/ income for the year (68,944) 109,282


71 001 053 845


Statement of Financial Position 30 June 2016

2016

2015

Note $ $

ASSETS

CURRENT ASSETS

Cash and cash equivalents 4 222,009 226,628

Trade and other receivables 5 7,576 13,191

Inventories 6 44,721 46,170

Other assets 8 22,001 29,565

TOTAL CURRENT ASSETS 296,307 315,554

NON-CURRENT ASSETS Property, plant and equipment 7 5,234,195 5,372,482

TOTAL NON-CURRENT ASSETS 5,234,195 5,372,482

TOTAL ASSETS 5,530,502 5,688,036

LIABILITIES

CURRENT LIABILITIES

Trade and other payables 9 149,077 120,527

Borrowings 10 1,423,918 2,914,003

Employee benefits 12 35,075 44,566

Other liabilities 11 9,129 12,404

TOTAL CURRENT LIABILITIES 1,617,199 3,091,500

NON-CURRENT LIABILITIES Borrowings 10 1,407,415 28,581

Employee benefits 12 12,748 5,871

TOTAL NON-CURRENT LIABILITIES 1,420,163 34,452

TOTAL LIABILITIES 3,037,362 3,125,952

NET ASSETS 2,493,140 2,562,084

EQUITY

Reserves

1,079,768

1,211,768

Accumulated surplus 1,413,372 1,350,316

TOTAL EQUITY 2,493,140 2,562,084

5

Statement of Changes in Equity For the Year Ended 30 June 2016

2016

Accumulated

Asset Revaluation

Surplus Surplus Total

$ $ $

Balance at 1 July 2015 1,350,316 1,211,768 2,562,084

Profit for the year 63,056 - 63,056

Impairment of assets through revaluation reserve - (132,000) (132,000)

Balance at 30 June 2016 1,413,372 1,079,768 2,493,140

2015

Accumulated

Asset Revaluation

Surplus Surplus Total

$ $ $

Balance at 1 July 2014 1,241,035 1,211,768 2,452,803

Profit for the year 109,282 - 109,282

Balance at 30 June 2015 1,350,316 1,211,768 2,562,084

5

Statement of Cash Flows For the Year Ended 30 June 2016

2016

2015

Note $ $

CASH FLOWS FROM OPERATING ACTIVITIES:

Receipts from customers

2,565,466

2,909,335

Payments to suppliers and employees (2,120,127) (2,439,751)

Interest received 2,109 1,184

Interest paid (159,898) (165,413)

Net cash provided by (used in) operating activities 17 287,550 305,355

CASH FLOWS FROM INVESTING ACTIVITIES:

Purchase of property, plant and equipment

(180,918)

(70,702)

Net cash used by investing activities (180,918) (70,702)

CASH FLOWS FROM FINANCING ACTIVITIES:

Repayment of borrowings

(111,251)

(187,010)

Net cash provided by (used by) financing activities (111,251) (187,010)

Net increase (decrease) in cash and cash equivalents held

(4,619)

47,643

Cash and cash equivalents at beginning of year 226,628 178,985

Cash and cash equivalents at end of financial year 4 222,009 226,628

5

Notes to the Financial Statements


The financial statements are for Narrabri Bowling Club Limited as an individual entity, incorporated and domiciled in Australia. Narrabri Bowling Club Limited is a not-for-profit Company limited by guarantee.

The functional and presentation currency of Narrabri Bowling Club Limited is Australian dollars.

1 Summary of Significant Accounting Policies

(a) Basis of Preparation

The financial statements are general purpose financial statements that have been prepared in accordance with Australian Accounting Standards - Reduced Disclosure Requirements of the Australian Accounting Standards Board and the Corporations Act 2001.

Material accounting policies adopted in the preparation of these financial statements are presented below and have been consistently applied unless otherwise stated.

The financial statements have been prepared on an accruals basis and are based on historical costs modified, where applicable, by the measurement at fair value of selected non-current assets, financial assets and financial liabilities.

(b) Income Tax

No provision for income tax has been raised as the Company is exempt from income tax under Div 50 of the Income Tax Assessment Act 1997.

(c) Revenue and other income

Sales revenue represents revenue earned fron the Club's trading activities. It includes Bar sales, Poker Machines takings, Catering takings, membership subscriptions, TAB and Keno commissions and Motel takings.

Revenue is recognised when the amount of the revenue can be measured reliably, it is probable that economic benefits associated with the transaction will flow to the entity and specific criteria relating to the type of revenue as noted below, has been satisfied.

Revenue from member subscriptions is recognised in relation to the financial year for which they relate. Memberships receipts before year end that relate to the subsequent year are deferred and taken up as a current liability in the statement of financial position as member subscriptions in advance.

Revenue is measured at the fair value of the consideration received or receivable and is presented net of returns, discounts and rebates.

Revenue is recognised on transfer of goods to the customer as this is deemed to be the point in time when risks and rewards are transferred and there is no longer any ownership or effective control over the goods.

All revenue is stated net of the amount of goods and services tax (GST).

(d) Borrowing costs

Borrowing costs that are directly attributable to the acquisition, construction or production of a qualifying asset are capitalised as part of the cost of that asset.

All other borrowing costs are recognised as an expense in the period in which they are incurred

5

Notes to the Financial Statements for the Year Ended 30 June 2016

1 Summary of Significant Accounting Policies continued

(a) Goods and Services Tax (GST)

Revenue, expenses and assets are recognised net of the amount of goods and services tax (GST), except where the amount of GST incurred is not recoverable from the Australian Taxation Office (ATO).

Receivables and payable are stated inclusive of GST.

The net amount of GST recoverable from, or payable to, the ATO is included as part of receivables or payables in the statement of financial position.

Cash flows in the statement of cash flows are included on a gross basis and the GST component of cash flows arising from investing and financing activities which is recoverable from, or payable to, the taxation authority is classified as operating cash flows.

(b) Cash and cash equivalents

Cash and cash equivalents include cash on hand, deposits held at call with banks, other short-term highly liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within short-term borrowings in current liabilities on the statement of financial position.

(c) Inventories

Inventories are measured at the lower of cost and net realisable value.

(d) Property, Plant and Equipment

Classes of property, plant and equipment are measured using the cost or revaluation model as specified below.

Where the cost model is used, the asset is carried at its cost less any accumulated depreciation and any impairment losses. Costs include purchase price, other directly attributable costs and the initial estimate of the costs of dismantling and restoring the asset, where applicable.

Assets measured using the revaluation model are carried at fair value at the revaluation date less any subsequent accumulated depreciation and impairment losses. Revaluations are performed whenever there is a material movement in the value of an asset under the revaluation model.

Land and buildings

Land and buildings are measured using the revaluation model. Freehold land and buildings are shown at their fair value based on periodic, but at least triennial, valuations by external independent valuers, less subsequent depreciation for buildings.

In the periods when the freehold land and buildings are not subject to an independent valuation, the directors conduct directors valuations to ensure the land and buildings carrying amount is not materially different to the fair value.

Increases in the carrying amount arising on revaluation of land and buildings are recognised in other comprehensive income of the statement of profit or loss and other comprehensive income and accumulated in the revaluation surplus in equity. Revaluation decreases are charged to the other comprehensive income to the extent that they offset previous increases. All other decreases are charged to the statement of comprehensive income

5



(h) Property, Plant and Equipment continued Land

and buildings continued

Any accumulated depreciation at the date of revaluation is eliminated against the gross carrying amount of the asset and the net amount is restated to the revalued amount of the asset.

The revaluation surplus included in equity in respect of an item of property, plant and equipment is transferred directly to retained earnings when the asset is derecognised.

Freehold land and buildings that have been contributed at no cost, or for nominal cost are valued and recognised at the fair value of the asset at the date it is acquired.

Plant and equipment

Plant and equipment are measured using the cost model.

Plant and equipment that have been contributed at no cost, or for nominal cost are valued and recognised at the fair value of the asset at the date it is acquired.

Depreciation

The depreciable amount of all property, plant and equipment, except for freehold land is depreciated on a straight-line method from the date that management determine that the asset is available for use. The depreciation charge for each period recognised in profit or loss.

The depreciation rates used for each class of depreciable asset are shown below:

Fixed asset class Depreciation rate

Buildings and Improvements 2 to 6.7%

Plant and equipment 7 to 100%

Furniture, Fixtures and Fittings 1 to 50%

At the end of each annual reporting period, the depreciation method, useful life and residual value of each asset is reviewed. Any revisions are accounted for prospectively as a change in estimate.

(i) Financial instruments

Initial recognition and measurement

Financial assets and financial liabilities are recognised when the entity becomes a party to the contractual provisions of the instrument. For financial assets, this is the equivalent to the date that the Company commits itself to either the purchase or sale of the asset (i.e. trade date accounting is adopted).

Financial instruments are initially measured at fair value plus transactions costs.

(i) Financial liabilities

Non-derivative financial liabilities (excluding financial guarantees) are subsequently measured at amortised cost. Fees payable on the establishment of loan facilities are recognised as transaction costs of the loan.

5




Borrowings are classified as current liabilities unless the Company has an unconditional right to defer settlement of the liability for at least 12 months after the reporting date.

(j) Impairment of non-financial assets

At the end of each reporting year, the company reviews the carrying values of its tangible assets to determine whether there is any indication that those assets have been impaired. If such an indication exists, the recoverable amount of the asset, being the current replacement cost discounted to the current asset condition, is compared to the asset's carrying value. Any excess of the asset's carrying value over its recoverable amount is expensed to the statement of profit or loss and other comprehensive income.

(k) Intangible Assets

Poker Machine Entitlements

The Company, as a result of State legislation, received for no cost, poker machine entitlements. These entitlements can be sold should the company decide to reduce, or cease, its poker machine activities. The company has not recorded the poker machine entitlements in the financial statements as there was no fair value on acquisition of these entitlements.

(l) Employee benefits

Provision is made for the Company's liability for employee benefits arising from services rendered by employees to the end of the reporting period. Employee benefits that are expected to be settled within one year have been measured at the amounts expected to be paid when the liability is settled.

Employee benefits expected to be settled more than twelve months after the end of the reporting period have been measured at the present value of the estimated future cash outflows to be made for those benefits. In determining the liability, consideration is given to employee wage increases and the probability that the employee may satisfy vesting requirements.

Contributions are made by the Company to an employee superannuation fund and are charged as expenses when incurred.

(m) Critical accounting estimates and judgments

The directors make estimates and judgements during the preparation of these financial statements regarding assumptions about current and future events affecting transactions and balances.

These estimates and judgements are based on the best information available at the time of preparing the financial statements, however as additional information is known then the actual results may differ from the estimates.

The significant estimates and judgements made have been described below.

Key estimates - impairment

The Company assesses impairment at the end of each reporting year by evaluating conditions specific to the Company that may be indicative of impairment triggers. Recoverable amounts of relevant assets are reassessed using value-in-use calculations which incorporate various key assumptions.

5




(m) Critical accounting estimates and judgments continued

Key estimates - fair value of land and buildings

The Company carries its land and buildings at fair value with changes in the fair value recognised in revaluation reserve. Independent valuations are obtained at least triennially and at the end of each reporting period, the directors update their assessment of the fair value of each property, taking into account the most recent valuations and movements in the market.

Key judgments - income tax exemption

The directors believe the Company meets the requirements for Income Tax Exemption as a Sporting Body under the Australian Taxation Office's guide for not-for-profit organisations and should be exempt from income tax.

(n) Going concern

The financial statements have been prepared on a going concern basis. This is contingent on the combination loan - the Motel finance facility repayments being able to met and/or refinanced as and when they fall due.

The directors monitor the cashflows requirements of both the Club and Motel to determine the Club's ability to meet its debts as and when they fall due. The recently implemented strategic plan assists directors in checking the results to determine that these cashflow requirements are on track.

Based on information available to directors and the carrying values of the Club's assets, the Board considers the going concern basis to be a reasonable judgement.

(o) New Accounting Standards and Interpretations

The AASB has issued new and amended accounting standards and interpretations that have mandatory application dates for future reporting periods. The Company has decided against early adoption of these standards as none of the changes are expected to have a material affect on the Company.

2 Revenue and Other Income

Revenue from continuing operations

2016

$

2015

$

Club revenue

- Bar Sales

543,778

694,161

- Poker Machine Revenue 488,352 550,930

- TAB Revenue 15,406 15,604

- Keno Revenue 38,135 42,992

- Greens Revenue 39,633 55,407

1,125,304 1,359,094

5



2016

$

2015

$

Motel and other income

Motel accomodation revenue

1,000,433

1,025,539

Commissions 9,126 11,586

Raffles 67,416 75,171

Membership 16,142 16,994

Other income 109,078 142,953

1,202,195 1,272,243

3

Result for the Year

The result for the year includes the following specific expenses:

2016 2015

$ $

Depreciation Property, Plant and Equipment 181,517 204,981

Finance costs - Bank and equipment suppliers 159,898 165,413

Impairment loss on non-financial assets 5,688 -

Superannuation contributions 63,985 68,119

4 Cash and cash equivalents

2016 2015

$ $

Cash on hand 66,096 66,370

Cash at bank 155,913 160,258

222,009 226,628

5

Trade and other receivables

2016 2015

$ $

CURRENT

Trade receivables

6,144

11,759

Other receivables 1,432 1,432

Total current trade and other receivables 7,576 13,191

Impairment of receivables

There are no balances within trade receivables that contain assets that are considered impaired. It is expected that these balances will be received when due. There is no provision for impairment at 30 June 2016 (2015: $nil).

5


6 Inventories

2016

2015

$ $

CURRENT

At cost:

Bar and Motel stock

44,721

46,170

Write downs of inventories to net realisable value during the year were $ NIL (2015: $ NIL).

7 Property, plant and equipment

2016 2015

$ $

LAND AND BUILDINGS

Freehold land

At fair value

1,926,400

1,926,400

Total Land 1,926,400 1,926,400

Buildings

At fair value

3,442,006

3,404,054

Accumulated depreciation (532,740) (323,074)

Total buildings 2,909,266 3,080,980

Total land and buildings 4,835,666 5,007,380

PLANT AND EQUIPMENT

Plant and equipment

At cost

1,481,519

1,463,468

Accumulated depreciation (1,145,329) (1,169,458)

Total plant and equipment 336,190 294,010

Furniture, fixtures and fittings

At cost

424,310

414,694

Accumulated depreciation (361,971) (343,602)

Total furniture, fixtures and fittings 62,339 71,092

Total plant and equipment 398,529 365,102

Total property, plant and equipment 5,234,195 5,372,482

The freehold land and buildings were independently valued at 1 July 2012 by Peter J. Spackman A.A.P.I (Val). The valuation resulted in a revaluation increment of $232,862 being recognised in the revaluation surplus for the year ended 30 June 2013.

At 30 June 2016, the directors have performed a review of the freehold land and buildings fair value. The directors have reviewed the key assumptions adopted by the valuers in 2013 and do not believe there has been a significant change in the assumptions at 30 June 2016 for the freehold land. The directors therefore believe the carrying amount of the land correctly reflects the fair value less cost to sell at 30 June 2016. The directors have considered the effect of the damage to the building after hail storms in October 2015. This resulted in the recognition of an impairment loss of $137,688 in relation to part of the club's building.

Refer to Note 15 for detailed disclosures regarding the fair value measurement of the Company's freehold land and buildings.

5


71 001 053 845


Property, plant & equipment continued

Movements in Carrying Amounts

Movements in the carrying amounts for each class of property, plant and equipment between the

beginning and the end of the financial year:

Land Buildings & Improvements

Plant & Equipment

Furniture, Fixtures & Fittings

Total

Year ended 30 June 2016

Bal at beginning of year

$1,926,400 $3,080,980 $294,010 $71,092 $5,372,482

Additions $43,741 $127,561 $9,616 $180,918

Depreciation Expense

(77,767) (85,381) (18,369) (181,517)

Impairment Loss charged to reserves

(132,000 ) (132,000)

Impairment loss charged to profit and loss

(5,688) (5,688)

Balance at end of year

1,926,400 2,909,266 336,190 62,339 5,234,195


71 001 053 845

19

.



8 Other non-financial assets

2016

2015

$ $

CURRENT

Prepayments

22,001

29,565

9

Trade and other payables

2016 2015

$ $

CURRENT

Unsecured liabilities

Trade payables 85,576 55,917

GST and PAYG Tax payable 41,248 47,799

Sundry payables and accrued expenses 22,253 16,811

149,077 120,527

All amounts are short term and the carrying values are considered to be a reasonable approximation of fair value.

10 Borrowings

2016

$

2015

$

CURRENT

Secured liabilities:

CBA Equipment Loan

21,166

19,636

CBA Visa Card 195 1,891

Loans from equipment suppliers 28,539 40,052

Other financial liabilities 1,786 -

CBA Better Business Loan 1,372,232 2,852,424

Total current borrowings 1,423,918 2,914,003

2016

$

2015

$

NON-CURRENT

Secured liabilities:

CBA Equipment Loan

7,415

28,581

CBA Better Business Loan 1,400,000 -

Total non-current borrowings 1,407,415 28,581

Total borrowings 2,831,333 2,942,584

The loan facility is secured against the assets of Narrabri Bowling Club Limited, in particular, the Club's Premises and Land at 176 Maitland Street, Narrabri and the Club Motor Inn, 115-117 Barwan Street Narrabri.


71 001 053 845

21



13 Financial Risk Management continued

The carrying amounts of financial instruments are the same as recorded in the financial statements. All financial instruments are recorded at amortised cost.

14 Key Management Personnel Disclosures

The totals of remuneration paid to the key management personnel of Narrabri Bowling Club Limited during the year are as follows:

2016 2015

Short-term employee benefits

$

78,304

$

80,560

Long-term employee benefits 10,041 10,167

88,345 90,727

Other key management personnel transactions

There were no other material transactions with related parties during current and previous financial year.

15 Fair Value Measurement

The Company measures the following assets at fair value on a recurring basis:

Freehold land and buildings

The Company has no assets or liabilities that are measured at fair value on a non-recurring basis.

Fair value hierarchy

AASB 13 Fair Value Measurement requires all assets and liabilities measured at fair value to be assigned to a level in

the fair value hierarchy as follows:

Level 1 Unadjusted quoted prices in active markets for identical assets or liabilities that the entity can access at the measurement date.

Level 2 Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly.

Level 3 Unobservable inputs for the asset or liability.

The table below shows the assigned level for each asset and liability held at fair value by the :

30 June 2016

Level 1

$

Level 2

$

Level 3

$

Total

$

Recurring fair value measurements

Property, plant and equipment

Freehold land

-

1,926,400

-

1,926,400

Freehold buildings - 2,909,266 - 2,909,266


71 001 053 845

22


For the Year Ended 30 June 2016 13 Cash Flow Information

(a) Reconciliation of result for the year to cashflows from operating activities

Reconciliation of net income to net cash provided by operating activities:

2016

$

2015

$

Profit for the year 63,056 109,282

Cash flows excluded from profit attributable to operating activities

Non-cash flows in profit:

Depreciation 181,517 204,982

- impairment of property, plant and equipment 5,688 -

Changes in assets and liabilities, net of the effects of purchase and disposal of subsidiaries:

- (increase)/decrease in trade and other receivables 5,615 14,091

- (increase)/decrease in other assets 7,564 8,256

- (increase)/decrease in inventories 1,449 (1,411)

- increase/(decrease) in trade and other payables 25,275 (32,202)

- increase/(decrease) in employee benefits (2,614) 2,358

Cashflow from operations 287,550 305,356

13 Events Occurring After the Reporting Date

The financial report was authorised for issue on 26 September 2016 by the Board of Directors.

No matters or circumstances have arisen since the end of the financial year which significantly affected or may significantly affect the operations of the Company, the results of those operations or the state of affairs of the Company in future financial years.

14 Company Details

The registered office of the company is:


176 Maitland Street

Narrabri NSW 2390



Armidale

92 Rusden Street

PO Box 114

Armidale NSW 2350


p+61 2 6773 8400

f +61 2 6772 9957

e [email protected]

Forsyths Business Services Pty Ltd

ABN 66 182 781 401

Independent Audit Report to the members of Narrabri Bowling Club Limited

Report on the Financial Statements

We have audited the accompanying financial statements of Narrabri Bowling Club Limited, which comprises the statement of financial position as at 30 June 2016, the statement of profit or loss and other comprehensive income, statement of changes in equity and statement of cash flows for the year then ended, notes comprising a summary of significant accounting policies and other explanatory information, and the directors' declaration.

Directors' Responsibility for the Financial Statements

The directors of the Company are responsible for the preparation of the financial statements that give a true and fair view in accordance with Australian Accounting Standards - Reduced Disclosure Requirements and the Corporations Act 2001 and

for such internal control as the directors determine is necessary to enable the preparation of the financial statements that give a true and fair view and are free from material misstatement, whether due to fraud or error.

Auditor’s Responsibility

Our responsibility is to express an opinion on the financial statements 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 about whether the financial statements are free from material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor’s judgement, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the Company’s preparation of the financial statements that give a true and fair view 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 Company’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 statements.

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, which has been given to the directors of Narrabri Bowling Club Limited, would be in the same terms if given to the directors as at the time of this auditor’s report.

Knowledge with integrity

Liability limited by a scheme approved under the Professional Standards Legislation

A R M I D A L E | C O O N A B A R A B R A N | G U N N E D A H | N A R R A B R I | T A M W O R T H

mailto:[email protected]


71 001 053 845

Independent Audit Report to the members of Narrabri Bowling Club Limited

Opinion

In our opinion the financial statements of Narrabri Bowling Club Limited are in accordance with the Corporations Act 2001,

including:

(a) giving a true and fair view of the Company’s financial position as at 30 June 2016 and of its performance for the year ended on

that date; and

(b) complying with Australian Accounting Standards - Reduced Disclosure Requirements and the Corporations Regulations 2001.

Emphasis of Matter

We draw attention to Note 1 (m) to the financial statements which describe the basis for the determination of the Club's ability to continue operations as a going concern. We further draw attention to Note 16 to the financial statements which describe the uncertainty related to the Club's income tax exemption status.

Our opinion is not qualified in respect of this matter.

Forsyths

Paul Cornall

Partner

92 Rusden Street, Armidale NSW 2350

26 September 2016

Documents

ABN 71 001 053 845 Annual Report and Financial …narrabribowlingclub.com.au/wp-content/uploads/2017/06/...Annual Report and Financial Statement June 2016 2 Contents Page Front Cover