Annual Report - Parkinson’s WA€¦ · Jodie Palmer Accountant Kym Auret Community Liaison - Regional Events Coordinator Randy Baker Administration: Finance Angela Payne Administration:

2014-2015

Annual Report

Parkinson’s WA Annual Report | 2014-2015 | ii

If it wasn’t for my Parkinson’s Nurse Specialist coming into my life when she did, I don’t think I would have made it this far. - Stewart

2,458 Telephone

Consultations

1,016Home Visits

378Visits to Nursing Homes

88%Satisfaction

Ratingwiththe

Parkinson’sNurse

Specialist Service

29 Support Programs

94% Improved

Understandingof the Importance

of taking Medications

1,895 Attendance

at EducationSessions

Parkinson’s WA Annual Report | 2014-2015 | iii

Contents:

About Us 01Vision 01Mission 01Services 01Board of Management 02Professional Advisory Panel 02Staff 03

Reports 05President 05Parkinson’s Nurse SpecialistsThe Year in Pictures

0709

Support ProgramsResearch Committee

1113

Finances 15Financial Reports 15

Support Services 27Seminars and Education 27Educational Resources 29Sponsors and Donors 30

Parkinson’s WA Annual Report | 2014-2015 | 1

About Us:Our VisionA nation without Parkinson’s.

Our MissionTo encourage, and where appropriate, develop and implement programs for the cure, treatment and care of people with Parkinson’s.

ServicesParkinson’s WA provides a Parkinson’s Nurse Specialist service covering the Metropolitan area and the South West, making home visits and assisting patients in the management of the condition. Where possible, regional areas are supported in person - others are supported by telephone. This free service is funded by the Department of Health Western Australia, Parkinson’s WA and charitable trusts.

The Parkinson’s nurse specialist service provides support and education to allied health professionals, with the aim of ensuring informed care.

Parkinson’s WA provides regular therapeutic activities for people with Parkinson’s including Parkinsong, Park yoga, ParkinCHI (tai chi) and dance classes.

Parkinson’s WA has 22 Parkinson’s support groups throughout WA, mostly led by volunteers.

Parkinson’s WA organises seminars every year, tailored to suit people in all stages of their journey with Parkinson’s.


DieticianLinley Boulden

Pharmaceutical AdvisorOksana Burford

PsychologistDr Natalie Gasson

Clinical Nurse/CoordinatorJanice Guy

Consultant NeurosurgeonProfessor Chris Lind

Consultant NeurologistDr Rick Stell

Professional Advisory Panel

Board of Management

PresidentJohn McDonald

Board MemberDr Don Bolto

Board MemberKeith Geers

Vice PresidentDr Natalie Gasson

SecretaryDr Roseanne Thomas

Board MemberPeggy Habib

TreasurerGeoffrey Pride

Board MemberRod Lillywhite

Photos by Kelly Pilgrim-Byrne, 7 to 1 Photography, Perth and Craig Stewart, Executive Portraits Perth

Occupational TherapistPaula McGinley

DentistMarianne Pinto

Speech PathologistCaroline Silver

Senior PhysiotherapistTracey Ticehurst

Consultant PhysicianDr Barry Vieira

OptometristLiz Wason


Staff

Chief Executive OfficerBrenda Matthews

Parkinson’s Nurse SpecialistNerolie Lyle

Parkinson’s Nurse SpecialistHeather Johnstone

Parkinson’s Nurse SpecialistSandra Rule

Senior Parkinson’s Nurse SpecialistJanet McLeod

Parkinson’s Nurse SpecialistJo Chadwick

Parkinson’s Nurse SpecialistFiona Roscoe

Parkinson’s Nurse Specialist SupportDawn Mathieson

Major Supporters | 2014-2015

Photos by Kelly Pilgrim-Byrne, 7 to 1 Photography, Perth and Craig Stewart, Executive Portraits Perth


Office ManagerAngela Sideris

Media & CommunicationsAndrea Barnard

Support ProgramsCoordinatorJodie Palmer

AccountantKym Auret

Community Liaison - RegionalEvents CoordinatorRandy Baker

Administration: FinanceAngela Payne

Administration:ServicesLena Divito

The Theodore and Isabella WearneCharitable Trust (Inc.)

Parkinson’s Nurse SpecialistShirley Barclay


Reports

Parkinson’s WA PresidentJohn McDonald

Introduction

Our Strategic Plan identifies the Parkinson’s WA principal objective as seeking ‘to encourage, and where appropriate, develop and implement programs for the cure, treatment and care of people with Parkinson’s.’

Thanks to several generous donations this year, we were able to direct more funding to research whilst continuing to expand our treatment and care programs.

Funding

The financial position of Parkinson’s WA balance sheet is now sound. The main contributors supporting our operating expenses continued to be the WA Government, The Theodore and Isabella Wearne Charitable Trust and Gerry and Carol Zrinski.

Continuing generous support in the community came from direct fundraising appeals and third-party fundraisers. Our stronger financial position has enabled the Parkinson’s Nurse Service to be further expanded in the South West during the year.

Research

The Zrinski Research Grant program was established during the year in keeping with the Zrinski’s wish to support WA based research. The first two grants have

been awarded to Professor Sergio Starkstein (UWA) and Dr Andrea Loftus (Curtin).

During the year, Parkinson’s WA commissioned a report into the accommodation needs of young people with Parkinson’s.

Support Programs

Programs such as singing, dancing, tai chi and yoga have been shown to be important for the emotional, social and physical wellbeing of people with Parkinson’s. These have been expanded during the year.

Regional Support

Further expansion of the nursing service and other support programs in the country regions is a priority and telehealth offers an avenue to achieve this. To facilitate this, improved Information Technology resources have been installed.


Staff and Volunteers

Parkinson’s WA progress has been possible because of the efforts of many.

The contribution of volunteers continues to be most important and I wish to acknowledge the efforts, in particular, of Volunteer of the Year, Leonora Shapiro, and Fundraiser of the Year, Tania Everett.

Long serving Treasurer, Geoff Pride, was made an Honorary Life Member in recognition of his significant contribution to Parkinson’s WA. Geoff’s understated dedication, guidance and professionalism have been important to Parkinson’s WA progress over the years.

Thanks

My thanks to our CEO, Brenda Matthews, for her efforts, not only with Parkinson’s WA, but also Parkinson’s Australia. Thanks also to the Parkinson’s

Nurse Specialists and our administration staff. My Board colleagues have all made a valuable contribution to our progress and their efforts are greatly appreciated.

The Professional Advisory Panel continue to provide ongoing support as requested for the benefit of the Parkinson’s community in their field of expertise - for this we are also very grateful.

Thanks once again to Minter Ellison Lawyers for their pro bono support.

Parkinson’s WA continues to progress and there is still much to do to expand our reach and to help many more of the Parkinson’s family.

This will have to be done in the face of an ever changing environment but I am confident we can continue to grow and expand our support through our and the national work being done by Parkinson’s Australia.


Parkinson’s NurseSpecialist ServiceJanet McLeod - Senior Parkinson’sNurse Specialist

Introduction

This year brought many exciting changes to the Parkinson Nurse Specialist Service.

The population growth in Mandurah and surrounds combined with travel implications resulted in a plan to fund a nurse specifically for this area. The funding was obtained through the Isabella and Theodore Wearne Charitable Trust and was granted for a two year period.

After a series of interviews, Heather Johnstone joined the nursing team to cover this area.

Expansion of Parkinson’s Nurse Specialist Service

By December 2014 Jenny Taylor, who joined us in 2008, retired from the position. The necessity of filling Jenny’s position coincided with some of Janet’s long term plans to reduce to part time and to diversify from a purely clinical role. The interview process identified two ideal recruits and Shirley Barclay commenced employment in December 2014 shortly followed by Fiona Roscoe in February 2015.

As change was inevitable the decision was made to reallocate some suburbs to assist with a smooth handover. On 1 June Janet ceased patient contact and is now concentrating on the Senior Nurse role on a part time basis. Apart from these changes, Jo

Chadwick, Sandra Rule and Nerolie Lyle maintain a strong longstanding presence.

Professional Development

The 2014-2015 nursing year has been enriched by a strong commitment to professional development.

Jo and Sandra attended an International Conference on non-movement issues in Nice, France. Most of the nurses were able to attend a nurses meeting in Melbourne and others attended the National Parkinson’s Conference in Adelaide. In addition, we have introduced annual competencies associated with Complex Therapies and these have been facilitated in Perth - such is the benefit of having a team of seven.

Aged Care Training

An exciting aspect of this year was our involvement in rolling out the National Aged Care Training Project and we all participated in the evaluation of this. It was especially challenging for our team because we had been providing education at aged care facilities for many years and now we were committed to thinking nationally.


Service Statistics

We continue to maintain our statistics for the Department of Health WA and our outputs are in keeping with requirements.

A snap shot of these are:

• Referrals- 613

• Home visits -1016

• Aged care facility visits- 378

All of these are increased from the previous year’s figures and they only reflect the Department of Health WA funded nurse service.

Our current patient numbers are 1920, which is also an increase from last year.

Regional Support

In addition to the metropolitan area, regional areasremain an exciting part of our role with Jo Chadwick maintaining contact and visiting Esperance and Jenny Taylor visiting Northam on a regular basis.

Janet maintains telephone contact with people with Parkinson’s in the Northern Territory.

Additional Parkinson’s Services in WA

We cannot work in isolation but maintain linkages with all the Parkinson’s clinics and centres in Perth and surrounds. It is rewarding to think that the one year trial project which originated as part of Parkinson’s WA vision has now been functioning and growing for 17 years.


The Year in Pictures


Parkinson’s WA Support ProgramsRandy Baker

Introduction

The twelve metropolitan and ten regional Support Groups in WA are testament to the hard working team of Support Group Leaders, their members, and convenors, (most of whom are volunteers), who ensure timely support to people living with Parkinson’s, their carers and families.

Support Group Leadership

Since our last report we have farewelled Julia Blair-Hickman (Armadale), Laurie Vicary (Bullcreek), Marion Mitchell (Esperance) and Debbie Trefort (Northam) and we thank them for their tireless work.

In their place we welcome Chrissie Page, Bernard Taylor, Marcella Sharry and Jenny Milligan.

Many Leaders attended last year’s Succession Planning Workshop (Part 2) presented by ConnectGroups WA, supported numerous Parkinson’s WA’s seminars and group activities and promoted our services and activities to their respective members.

New Carers Groups

This year, in order to provide for carers of people with Parkinson’s, we established two Carers Support Groups, one in Mt Hawthorn and the other in Palmyra. These casual gatherings, every month, provide carers an opportunity to socialise with other like minded people. It is proposed that similar groups will be established in other metropolitan and

regional locations on a needs basis.

Support Programs

We run programs for the benefit of our Parkinson’s community and seek new and innovative ways to improve our support. Our sincere thanks are extended to all dedicated teachers of these programs who continually perform above and beyond their duty.

The weekly Singing, Tai Chi and Yoga classes continue to attract good numbers of participants. This year, Parkinsong Perth and Bunbury were invited to entertain at a number of community events and Tai Chi teacher (Si Fi Gawain) won a gold medal at an international competition in China. Yoga remains a popular pastime for many with both classes in Nedlands and Karawara very well attended.

We are especially proud of the new Dance for Parkinson’s classes being offered each Friday at WA


Ballet in Maylands. Conducted by professional dance teachers these sessions are continually fully booked.

We would also like to recognise the City of Bunbury and Cristal Global for their vital financial support for the Bunbury Parkinsong program as well as National Disability Services WA for their contribution to the

establishment of the Dance program.

Thanks to our community stakeholders for our close relationships and partnerships. Collaboration and working together has achieved much and has made a substantial impact on the health and wellbeing of our community.


Research CommitteeJanet McLeod - Senior Parkinson’sNurse Specialist

Introduction

As Acting Chair of this committee during the long service leave of our Chair Dr Natalie Gasson I am happy to provide an overview of our year. The Committee continues to meet as required to review applications and is comprised of Ross Guyton who has fulfilled the role of secretary with great attention to detail and keeping us all on track.

Committee Members

Our committee members remain Dr Romula Buck, Roger Dean, Dr Caroyln Graham and Pam van Omme. We thank Dr Keith Granger for his ongoing interest and availability for comment if required.

The key focus of the advisory committee is to review applications for research support. This support may take the form of financial support or accessing participants in research projects. Often the applicants are higher degree students and the committee strongly holds the view that assisting these students will ensure the maintenance of their interest in Parkinson’s in their future careers. Part of the process demands that students provide feedback and formal results and the committee monitors that feedback process.

Current Sponsored Projects

This year we have approved and supported:

• Expiratory muscle strength training in moderate to severe Parkinson’s: Effects on swallow, cough, voice and speech functions. Ng, Langdon,

Cartwright & Hennessey.

• Cervical Auscultation & Parkinson’s . A comparison with acoustic correlates of the normal swallow. Rankin, Cartwright & Hennessey.

• Barriers to Psychological treatment in Parkinson’s. An exploratory study. Troeunig, Egan

& Gasson.

• Changes in speech output following physiological training in people with Parkinson’s. Sullivan, Hennessey & Cartwright.

Best Practice Manuals

As the research advisory committee has historically been involved in the production of our series of Best Practice Manuals we are delighted to report that the Speech and Swallowing Manual has reached completion stage and will soon be available.

I would like to encourage you to consider joining the research advisory committee as a way of supporting research in Parkinson’s related topics.


Zrinski Research Grant

As a result of a very generous donation from Gerry and Carol Zrinski, the Zrinski Research Grant was established. The aims of this grant are to support and encourage a broad range of WA based research, relevant to the study of Parkinson’s.

A separate Zrinski Research Grant Committee, application process and guidelines have been established.

The succesful applicants are:

Dr Andrea Loftus, Curtin University, School of

Pschology ($70,000 over one year), to research:

The Impact of Cognition on Everyday Function,

Quality of Life, Motor Symptoms, Sleep, Mood and

Carer Experience in Parkinson’s.

And

Professor Sergio Starkstein, UWA, School of

Psychiatry and Clinical Neuroscience ($200,000 over

2 years), to research: The Neuropsychiatric Effect of

PSA DBS.


Finances

Parkinson’s Western Australia Inc. Financial Report 30 June 2015 ABN 88 404 764 099


Parkinson’s Western Australia Inc. Statement by Members of the Committee The Committee have determined that the Association is not a reporting entity and that these special purpose financial statements should be prepared in accordance with the accounting policies described in Note 1 to the financial statements. The Committee of the Association declare that: 1. The financial statements, comprising the statement of profit or loss and other comprehensive income, statement of financial position, statement of cash flows, statement of changes in equity, and accompanying notes, are in accordance with the Australian Charities and Not-for-profit Commission Act 2012 and: a) comply with Accounting Standards as described in Note 1 to the financial statements and the Australian Chari-ties and Not-for-profit Commission Regulations 2014; and b) give a true and fair view of the entity’s financial position as at 30 June 2015 and of its performance for the year ended on that date in accordance with the accounting policies described in Note 1 to the financial statements. 2. In the Committee’s opinion, there are reasonable grounds to believe that the entity will be able to pay its debts as and when they become due and payable. On behalf of the Committee by:

Dated at Perth on this 17th day of October 2015.

Parkinson’s Western Australia Inc. Financial Report 30 June 2015 ABN 88 404 764 099


2015 2014 Notes $ $Revenue Government service contract payments 819,344 628,058Grants and sponsorships 195,256 109,150Fundraising - donations and gifts 670,090 4,239,419Fundraising - Contributions 90,051 90,502Sale of Goods 25,695 17,590Fees & charges (Services) 25,324 28,812Raffles 226 19,447Members subscriptions 27,642 27,257Other income 9,919 10,633Interest income 128,521 35,980Investment income - dividends 7,795 -Revenue & other income 1,999,863 5,206,848 Expenditure Governance & Administration Parkinson's Australia secretariat 23,182 23,723Accounting, auditing & bank charges 6,564 3,835Board expenses 460 750Computer 16,159 5,579Insurances 7,334 6,234Stationery 13,533 6,699Postage 23,536 15,644Photocopying 7,193 4,986Membership levies 2,215 1,276Office support & consultancy 12,180 1,883Sundry expenses 1,351 825Trading & Operating Advertising & promotion 11,253 6,615Assets & equipment < $300 240 145Fundraising expenses 22,004 22,478Member support consumables 7,725 2,422Member support services 50,739 40,431Merchandise for sale 15,726 11,607Closing inventory - decrease -2,121 1,913Rent & phone 23,828 16,063Research 18,787 17,043Personnel Employee support 9,209 5,693Salaries & wages 385,701 356,567Superannuation 34,992 31,291Volunteer costs 1,991 1,479Parkinson's Nurse programme Total nurse programme costs 777,402 550,145Other Expenses Depreciation on assets 23,650 18,080Loss on disposal of assets 1,872 -Total expenditure 1,496,705 1,153,406 Net surplus / (deficit) from operations for the year 503,158 4,053,442Other Comprehensive income / deficit for the year Items that will not be reclassified to profit or loss -Items that may be reclassified subsequently to profit or loss (3,871) Total comprehensive surplus / (deficit) for the year 499,287 4,053,442 Opening retained surplus 5,153,925 1,100,483 Closing retained surplus 5,653,212 5,153,925

The above statement of profit or loss and other comprehensive income should be read in conjunction with the accompanying notes.

Year ended 30 June 2015Statement of Profit or Loss and other Comprehensive Income


2015 2014 Notes $ $ Current assets Cash & cash equivalents 2 2,136,364 5,254,222Inventory 3 9,635 4,430Other receivables and prepayments 4 3,220,986 31,997Total current assets 5,366,985 5,290,649 Non-current assets Property, plant and equipment 5 112,428 76,472Available-for-sale financial investments 6 434,691 -Total non-current assets 547,119 76,472 Total assets 5,914,104 5,367,121 Current liabilities Trade & other payables 7 75,185 50,108Provisions 8 166,007 129,341Total current liabilities 241,192 179,449 Non current liabilities Provisions 9 19,700 33,747Total current liabilities 19,700 33,747 Total liabilities 260,892 213,196 Net assets 5,653,212 5,153,925 Funds Retained surplus 10 5,657,083 5,153,925Reserves (3,871) Total Funds 5,653,212 5,153,925

The above statement of financial position should be read in conjunction with the accompanying notes.

Year ended 30 June 2015




Statement of Changes in Funds Notes Retained AFS Total Surplus Reserve $ $ $

Balance at 30 June 2013 1,100,483 - 1,100,483Comprehensive income for the year Surplus / (deficit) for the year 4,053,442 - 4,053,442Other Comprehensive income - - -Balance at 30 June 2014 10 5,153,925 - 5,153,925 Balance at 30 June 2014 5,153,925 - 5,153,925Comprehensive income for the year Surplus / (deficit) for the year 503,158 - 503,158Other Comprehensive income - (3,871) (3,871)Balance at 30 June 2015 10 5,657,083 (3,871) 5,653,212 Note: Total Funds are allocated as to: General operations 3,573,939 3,177,692 Designated funds - Research 2,083,144 2,000,000 5,657,083 5,177,692

2015 2014 Notes $ $Cash flows from operating activities Receipts from grants, sponsorship & service contracts 1,014,600 737,208Receipts from gifts, donations and fundraisings 670,090 4,349,368Receipts from customers 168,030 84,292Payments to suppliers and employees (1,432,457) (1,126,611)Interest received 97,388 29,097Dividends received 7,795 -Net Cash flows from operating activities 15 525,446 4,073,354 Cash flows from investing activities Purchase of property, plant and equipment (54,369) (27,317)Purchase of available-for-sale investments (438,562) -Payments for term deposits (3,150,373) (15,591)Net Cash flows used in investing activities (3,643,304) (42,908) Cash flows from financing activities Proceeds from borrowings - - Net Cash flows used in financing activities - - Net increase / (decrease) in cash & cash equivalents (3,117,858) 4,030,446 Cash and cash equivalents at beginning of the year 5,254,222 1,223,776Cash and cash equivalents at end of the year 2 2,136,364 5,254,222

The above statement of changes in funds and statement of cash flows should be read in conjunction with the accompanying notes.


NOTE 1. Summary of significant accounting policies This financial report is a special purpose financial report prepared in order to satisfy the financial reporting requirements of the ACNC Act 2012. The Committee have determined that the Association is not a reporting entity. The report has been prepared in accordance with the requirements of the ACNC Act 2012 and the following Australian Accounting Standards: AASB 101 Presentation of Financial Statements AASB 107 Statement of Cash Flows AASB 108 Accounting Policies, Changes in Accounting Estimates and Errors AASB 110 Events After the End of the Reporting Period AASB 1031 Materiality AASB 1048 Interpretation of Standards No other applicable Accounting Standards, Urgent Issues Group Interpretations or other authoritative pronouncements of the Australian Accounting Standards Board have been applied.

The financial report has been prepared on an accruals basis and is based on historic costs and does not take into account changing money values, or except where specifically stated, current valuations of non-current assets. The following material accounting policies, which are consistent with previous years unless otherwise stated, have been adopted in the preparation of this financial report. a) Income tax The Association is exempt from income tax under virtue of section 50 of the Income Tax Assessment Act. b) Revenue recognition Revenue is recognised when it is probable that the economic benefit will flow to the incorporated association and the revenue can be reliably measured. Revenue is measured at the fair value of the consideration received or receivable. i) Sales revenue Events, fundraising and raffles are recognised when received or receivable. ii) Investment income Investment income comprises interest and dividends. Interest income is recognised as it accrues. Dividends from listed entities are recognised when received. iii) Donations Donations are recognised at the time the pledge is made. iv) Grants Grants are recognised at their fair value where there is a reasonable assurance that the grant will be received and all attached conditions will be complied with.

v) Interest revenue Interest income is accounted for on an accruals basis. vi) Other revenue Other revenue is recognised when it is received or when the right to receive payment is established.

c) Fixed assets The depreciable amount of all fixed assets are depreciated on a diminishing value basis over the useful lives of the assets to the Association commencing from the time the asset is already held ready for use.Leasehold improvements are amortised over the shorter of either the unexpired period of the lease or the estimated useful lives of the improvements.

The depreciation rates for each class of depreciable asset are: Class of asset Depreciation rate Office equipment 15 - 50% Leasehold improvements 90-100%


NOTE 1. Summary of significant accounting policies (continued) The carrying amount of assets is reviewed annually to ensure it is not in excess of the recoverable amount of those assets. The recoverable amount is assessed on the basis of excepted net cash flows which will be received from the assets employment and subsequent disposal. The expected net cash flows have not been discounted to their present values in determining recoverable amounts. d) Inventories Stocks of books, videos and other products held for resale are valued at the lesser of cost and or estimated realisable value e) Available-For-Sale Financial Assets Available-for-sale assets are those financial assets that are designed as available-for-sale. When available-for-sale financial assets are recognised initially, they are measured at cost. After initial recognition available-for-sale financial investments are measured at fair value, (ASX market prices for public listed shares) with gains or losses being recognised in other comprehensive income until the investment is realised at which time the gain or loss previously recognised in other comprehensive income is reclassified to the statement of profit or loss and other comprehensive income. f) Leases Leases of fixed assets, where substantially all the risks and benefits incidental to the ownership of the asset, but not the legal ownership, are transferred to the Association, 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 values. Leased assets are amortised on a straight line basis over their estimated useful lives where it is likely that the Association will obtain ownership of the asset 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 of the risks and benefits remain with the lessor, are charged as expenses in the periods in which they are incurred. g) Employee entitlements Provision is made for the Association’s liability for employee entitlements arising from services rendered by employees at balance date. Employee entitlements expected to be settled within one year together with entitlements arising from wages and salaries, annual leave and long service leave which will be settled after one year, have been measured at the amounts expected to be paid when the liabilities are settled. Other employee entitlements payable later than one year have been measured at the present value of the estimated future cash outflows to be made for those entitlements. Contributions are made by the Association to an employee superannuation fund and are charged as expenses as incurred. h) Cash and Cash EquivalentsFor the purpose of cash in the Statement of Financial Position, cash and cash equivalents includes cash on hand, at banks and on deposit held on call with financial institutions with original maturities of less than three months that are readily convertible to known amounts of cash and which are subject to an insignificant risk of changes in value. i) Trade and other receivables Other receivables are recognised at amortised cost, less any provision for impairment.

j) Critical accounting judgements, estimates and assumptionsThe preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the reported amounts in the financial statements. Management continually evaluates its judgements and estimates in relation to assets, liabilities, contingent liabilities, revenue and expenses. Management bases its judgements, estimates and assumptions on historical experience and on other various factors, including expectations of future events, management believes to be reasonable under the circumstances. The resulting accounting judgements and estimates will seldom equal the related actual results. Judgements and estimates that are significant to the financial statements are:

● Estimation of useful lives of assets The incorporated association determines the estimated useful lives and related depreciation and amortisation charges for its property, plant and equipment and finite life intangible assets. The useful lives could change significantly as a result of technical innovations or some other event. The depreciation and amortisation charge will increase where the useful lives are less than previously estimated lives, or obsolete as-sets that have been abandoned or sold will be written off or written down.

● Revenue Recognition As discussed in (b) above, the incorporated associated recognised revenue from grants when there is reasonable assurance that the grant will be received and all attached conditions will be complied with. Interpretation of the respective conditions and assessment of the level of assurance that the grant will be received could result in variation to the revenue recognised in the period.


2015 2014NOTE 2. Current assets - Cash & Cash Equivalents $ $ Cash at bank and on hand 2,136,364 4,304,222Short term deposits - 950,000 2,136,364 5,254,222NOTE 3. Current assets - Inventory Merchandise purchased for sale 9,635 4,430 NOTE 4. Other Receivables and Prepayments Prepayments 10,861 9,000Term deposits - greater than 90 days to maturity 3,165,964 15,591Other Receivables 44,161 7,406 3,220,986 31,997 NOTE 5. Non-current assets - Property, plant and equipment Plant and equipment Cost 188,975 136,478Accumulated Depreciation (76,547) (60,006)Net Carrying Amount 112,428 76,472 NOTE 6. Available-For-Sale Financial Investments Shares - at cost 438,562 -Revaluation increment / (reduction) (3,871) Balance at 30 June - market value 434,691 - All available-for-sale-investments are quoted on the Australian Stock Exchange NOTE 7. Current liabilities - Trade & Other Payables Other creditors 75,185 50,108 NOTE 8. Current liabilities - Provisions Employee entitlements Annual leave Opening balance 71,733 66,260Current year movement 28,030 5,473 99,763 71,733 Long service leave 66,244 57,608 166,007 129,341NOTE 9. Non current liabilities - Provisions Employee entitlements Long service leave 19,700 33,747

NOTE 10. Retained Surplus Retained surplus at the beginning of the financial year 5,153,925 1,100,483Net surplus / (deficit) attributable to Parkinson’s Western Australia Inc 499,287 4,053,442Retained surplus at the end of the financial year 5,653,212 5,153,925 NOTE 11. Segment reporting The Association provides services and support to individuals affected by Parkinson’s disease within Western Australia. NOTE 12. Events occurring after balance date There have been no events subsequent to year end that have come to our attention that will have a material affect on the financial statements.


NOTE 13. Related parties The names of persons who were committee members of Parkinson’s Western Australia Inc at any time during the financial year are as follows: John McDonald Roseanne Thomas Natalie Gasson Keith Geers Geoff Pride Peggy Habib Don Bolto Rod Lillywhite Retired members - none

NOTE 14. Financial instruments a) Credit risk exposures The credit risk on financial assets of the Association which have been recognised in the statement of financial position, other than investments in shares, is generally the carrying amount, net of any provisions for doubtful debts. b) Interest rate risk exposures The Association’s exposure to interest rate risk and the effective weighted average interest rate for each class of financial assets and financial liabilities is set out below. Exposures arise predominantly from assets and liabilities bearing variable interest rates as the Association intends to hold fixed rate assets and liabilities to maturity. At 30 June 2014 Weighted Floating Fixed interest maturing in Non- Total average interest 1 year over 1 more than interest interest rate or less to 5 years 5 years bearing rate $ $ $ $ $ $

Financial assets Cash and deposits 2.83% 304,222 965,591 - - 4,000,000 5,269,813 Financial liabilities Trade and other creditors - - - - 50,108 50,108 Net financial assets 304,222 965,591 - - 3,949,892 5,219,705 At 30 June 2015 Weighted Floating Fixed interest maturing in Non- Total average interest 1 year over 1 more than interest interest rate or less to 5 years 5 years bearing rate $ $ $ $ $ $Financial assets Cash and deposits 2.42% 807,205 4,495,123 - - - 5,302,328 Financial liabilities Trade and other creditors - - - - 75,185 75,185 Net financial assets 807,205 4,495,123 - - 75,185 5,227,143

c) Net fair value of financial assets and liabilities The net fair value of cash and cash equivalents and non-interest bearing monetary financial assets and financial liabilities of the Association approximate their carrying value. The net fair value of other monetary financial assets and financial liabilities is based upon market prices where a market exists or by discounting the expected future cash flows by the current interest rates for assets and liabilities with similar risk profiles.


NOTE 14. Financial instruments (continued)

The carrying amounts and net fair values of financial assets and liabilities at balance date are: 2014 2015 Carrying Net fair Carrying Net fair amount value amount valueOn-balance sheet financial instruments Financial assets Cash 4,304,222 4,304,222 807,205 807,205Deposits 965,591 965,591 4,495,123 4,495,123 5,269,813 5,269,813 5,302,328 5,302,328 Financial liabilities Trade and other creditors 50,108 50,108 75,185 75,185 Other than those classes of assets and liabilities denoted as “traded”, none of the classes of financial assets and liabilities are regularly traded on organised markets in standardised form. No assets are carried at an amount above net fair value. d) Capital management The incorporated association’s objectives when managing capital is to safeguard its ability to continue as a going concern, so that it can continue to provide services members and benefits for other stakeholders. In managing capital the incorporated association manages cash on hand as it does not have any additional financing arrangements. NOTE 15. Reconciliation of net surplus to net cash flows from operating activities

2015 2014 $ $ Net Surplus / (deficit) from Operations 499,287 4,053,442 Add: Depreciation 23,650 18,080 Add: loss on disposal of fixed assets 1,872 - (Increase) / decrease in inventory (5,205) 1,912 Increase / (decrease) in trade payables 25,077 (19,362)(Increase) / decrease in prepayments (1,861) (1,193)Increase / (decrease) in provisions 22,619 27,358 (Increase) decrease in accrued interest (31,133) (6,883)(Increase) / decrease in trade receivables (5,622) - Net Cash flows from operating activities 528,684 4,073,354 NOTE 16. Contingent Liabilities The incorporated association had no contingent liabilities as at 30 June 2015 and 30 June 2014

2015 2014NOTE 17. Commitments $ $ The Association has entered into commercial leases of motor vehicles. These leases have an average life of 3 years. Future minimum rentals payable under non-cancellable operating leases as at the reporting date are: Payable within one year 31,503 25,575Payable after one but not more than five years 24,738 25,470Payable after more than five years - - Total commitments under operating leases 56,241 51,045


Support Services Educational Resources

What is a Parkinson’s Support Group?

Parkinson’s and Communication

Medications Used in the Treatment of Parkinson’s

Parkinson’s Nurse Specialist Service: Information for Health Professionals

Parkinson’s: The Condition and Services

Carer Respite

Parkinson’s and Driving

Parkinson’s Nurse Specialist Service

Parkinson’s and Hospitalisation

Living Young Living Well

Young Onset Parkinson’s

DL Brochures

C5 Booklets

Information for Health Professionals:Medications to be Given with Caution to People with Parkinson’s

WA Parkinson’s Services Directory

Information for Carers and Partners:Living with Parkinson’s

Medications to be Used with Cautionfor People with Parkinson’s


Eat Well, Stay Well: A Nutrition Handbook for People with Parkinson’s

Guidelines for Physiotherapy Practice inCaring for People with Parkinson’s

Guidelines for Nursing Practice inCaring for People with Parkinson’s

Young Onset Parkinson’s: Services,Strategies and Strengths

Manuals

Information Sheets

Communication and Parkinson’s

MPTP and Drug Induced Parkinson’s

Swallowing and Parkinson’s

Oral Health and Parkinson’s

Relationships and Parkinson’s

Vision and Parkinson’s

Sleep and Parkinson’s

Mobility and Parkinson’s

Impulse Control Disorder and Parkinson’s

Dementia and Parkinson’s

Employment and Parkinson’s

Employees with Parkinson’s

Constipation and Parkinson’s

Pain and Parkinson’s

Description, Incidence and Theories of Causation

Parkinson’s Plus

Diagnosis of Parkinson’s

Parkinson’s Symptoms

Glossary of Terms

Surgery for Parkinson’s

Medical Options for Parkinson’s

Falls and Parkinson’s

Bladder Control and Parkinson’s

All brochures and information sheets are available to download via our website: www.parkinsonswa.org.au


Seminars and EducationParkinson’s WA holds seminars throughout the year covering a wide range of topics. Thank you to all the seminar presenters.

Non Motor Symptoms18 August 2014

Liz Wason, Optometrist, spoke about visual changes resulting from Parkinson’s and management options

Jo Chadwick, Parkinson’s Nurse Specialist, spoke about Hypotension (low blood pressure), pain and

sleep disturbance

Newly Diagnosed2 September 2014

Prof Somya Ghosh, Neurologist, spoke about Parkinson’s and treatment options

Janet McLeod, Senior Parkinson’s Nurse Specialist, spoke about coming to terms with the diagnosis

Parkinson’s Research18 October 2014

Maria Pushpanathan, UWA PhD Student, spoke about sleep and Parkinson’s

Blake Lawrence, Curtin University PhD Student, spoke about brain training and non invasive brain stimulation

Parkinson’s: The Middle Years 12 November 2014

Janet McLeod, Senior Parkinson’s Nurse Specialist, spoke about the challenges of the middle years of Parkinson’s

Sue Walters, Manager WANRI, spoke about therapies for complex cases

Postcards from Nice (Report from World Parkinson’s Congress)26 February 2015

Sandra Rule, Parkinson’s Nurse Specialist, spoke about the gastro-intestinal tract as covered in Nice, France

Janet McLeod, Senior Parkinson’s Nurse Specialist, spoke about pain in Parkinson’s

Newly Diagnosed11 April 2015

Dr Jake Harper, Geriatrician, spoke about Parkinson’s and treatment options

Janet McLeod, Senior Parkinson’s Nurse Specialist, spoke about coming to terms with the diagnosis

Falls and Parkinson’s4 May 2015

Shona Beesley, Physiotherapist, spoke about falls prevention

Janet McLeod, Senior Parkinson’s Nurse Specialist, spoke about mobility and Parkinson’s

Understanding Parkinson’s26 June 2015 (Bunbury)

Dr P Ramesh, Consultant Physician and Geriatrician, spoke about understanding Parkinson’s

Sleep and Mental Health29 June 2015

Prof Romola Bucks, UWA, spoke about sleep, cognition and mental health

Janet McLeod, Senior Parkinson’s Nurse Specialist, spoke about sleep and Parkinson’s


Supporters Sponsors and Donors

Parkinson’s WA is able to provide services due to the generous support of individuals,businesses and community groups. A special thank you to all our donors for their care and support throughout the year.

Parkinson’s WA is particularly grateful to the following businesses and groups:

Parkinson’s WA appreciates all donations, large or small. We thank our Support Groups;those who have so generously donated funds in memory of loved ones; those who have chosen to leave a bequest to Parkinson’s WA; and those who wish to remain anonymous.

Radio 6PR

UCB Australia

Lundbeck Australia

Medtronic

Constructive Media

Wasamba

Roadshow DJs & Events

Town of Cambridge

Monsterball Amusements

UWA Guild

UWA Trinity College

Jurien Bay Country Golf Club

Cottesloe Ladies Golf

Balshaw Florists

Kennards

Rotary Club of Morley

Ecstatique Events

National Disability Services WA

Ausdance WA

Cristal Global Bunbury

City of Bunbury

City of Cambridge


The Year in Pictures ...continued


Parkinson’s WA

The Niche, 11 Aberdare RoadNEDLANDS, WA 6009

T: (08) 9346 7373F: (08) 9346 7374

E: [email protected]: 88404 764 099

twitter.com/ParkinsonsWA www.parkinsonswa.org.au facebook.com/ParkinsonsWA

Documents

Annual Report - Parkinson’s WA€¦ · Jodie Palmer Accountant Kym Auret Community Liaison - Regional Events Coordinator Randy Baker Administration: Finance Angela Payne Administration: