Greater Dandenong Chamber of Commerce€¦ · These statements should be read in conjunction with the attached compilation report. GREATER DANDENONG CHAMBER OF COMMERCE INC Reg No

Greater Dandenong Chamber of Commerce

70th Annual Report2016-2017

Greater Dandenong Chamber of CommercePast Presidents

1947-48 Mr H B Elms1948-49 Mr A L Verey1949-50 Mr J F Andrews1950-51 Mr G B Kingsbury1951-52 Mr H R Boyd1952-53 Mr A Adams1953-54 Mr W McNeil1954-55 Mr W Werrett1955-56 Mr C Caithness1956-57 Mr A Jolly1957-58 Mr F T Bunnett1958-59 Mr G Norris1959-60 Mr A C Downard1960-61 Mr B R Patchell1961-62 Mr R K Wagstaff1962-63 Mr M K McLennan1963-64 Mr R Allen1964-65 Mr E Green1965-66 Mr W Titcher1966-67 Mr J W Toon1967-68 Mr A S Gatley1968-69 Mr L Grenda1969-70 Mr F Carroll1970-71 Mr R Surace1971-72 Mr L Thompson1972-73 Mr A Van Angeren1973-74 Mr G Beasley1974-75 Mr A Carter1975-76 Mr C J De Young1976-77 Mr C Campbell1977-78 Mr C Campbell1978-79 Mr J W Toon1979-80 Mr I Kellett1980-81 Mr I Kellett1981-82 Mr W Black

1982-83 Mrs D A Rogers1983-84 Mr C Sanchez1984-85 Mr J Conway1985-86 Mr G Michaluk1986-87 Mr C H Madden1987-88 Mr C H Madden1988-89 Mr G Scates1989-90 Mr B Meehan1990-91 Mr P Taranto1991-92 Mr D Grant1992-93 Mr G Mullens1993-94 Mr J A Sturgess1994-95 Mr J A Sturgess1995-96 Mr S Jackson1996-97 Mr S Jackson1997-98 Mr A Webb1998-99 Mr D Lovig1999-00 Mr D Lovig2000-01 Mr D Lovig2001-02 Mr R Sanderson2002-03 Mr R Sanderson2003-04 Mr P Helmore2004-05 Mr P Helmore2005-06 Mr D Carlson2006-07 Ms R MacNamara2007-08 Ms R MacNamara2008-09 Mr S Dunn2009-10 Mr R Downing2010-11 Mr R Downing2011-12 Mr P Helmore2012-13 Mr P Helmore2013-14 Mr P Helmore2014-15 Mr R Downing2015-16 Mr P Broom2016-17 Mr P Broom

2

2016-2017 Executive Committee

Hon. SolicitorMacpherson Kelley Lawyers40 - 42 Scott StreetDandenong Vic 3175

PresidentPaul BroomLeadership Management Australia

Vice PresidentPeter HelmoreLabour Resource Management

Vice PresidentRoy SandersonRJ Sanderson & Associates

TreasurerCaroline AtonioAshfords

Committee MemberJason AshtonMacpherson Kelley Lawyers

Committee MemberRabi GunaratnamBiz Power Business Consultants

Committee MemberLeanne McCreadyCity of Greater Dandenong

Committee MemberJayson PerinayegonRJ Sanderson & Associates

Committee MemberPaul WoodNAB

Hon. AuditorRobinson Street Accounting Pty LtdIncorporating R Harman & Associates73 Robinson StreetDandenong Vic 3175

Chamber Staff

Events & Marketing OfficerAmanda Checken

Executive OfficerTiffany Murray

3

Greater Dandenong Chamber of CommercePresident’s Report

Our 2016-2017 year has been one of consolidation and growth.

Following Amanda’s decision to reduce her hours and focus on Event Management and Marketing, we welcomed Tiffany Murray to the position of Executive Officer in September 2016. Tiffany and Amanda work exceptionally well together and have achieved outstanding results through the year.

With Tiffany focusing on the Chamber’s membership, we have had a significant growth in membership following redefined categories with many new inclusions and the introduction of a new Bronze Membership Level, catering for micro and retail businesses.

The increased interest in the Chamber has ensured events have been well supported with the Grand Final Charity Lunch once again ‘sold out’, due to the passion and dedication from Roy Sanderson, who once again spear-headed this event. This event donated a record amount to two very worthy charities.

Providing networking opportunities is a key function of the Chamber and our regular Platinum Partner evenings are becoming more and more popular. These informal events provide excellent opportunities for networking at no cost for members. Attendees are commenting on the positive atmosphere at these events and we look forward to watching them evolve even further in the next twelve months.

The Greater Dandeong Chamber Business Awards program continued to build on the success of last year with four business breakfast events, with the November Gala night providing a fitting finale. Moving away from the traditional dinner format, the networking award presentation night was fun and vibrant, and a big congratulations to all the winners from that night.

The Executive Committee engaged in a strategic review of the Chamber during the year and established a new Directions Document. This has clarified Chamber objectives and established priorities. Our purpose statement is

“to coordinate, develop and facilitate opportunities for regional businesses to work together, thrive and contribute to the local community”

I look forward to working with our Executive Committee and Chamber staff over the next twelve months to continue to implment this document. We also welcomed Jayson Perinayegon from RJ Sanderson to the Executive Committee - welcome Jayson.

The Chamber is in a strong financial position and we appreciate the contribution from our Treasurer Caroline Atonio of Ashfords. I would also like to thank the past efforts of our former Treasurers and Executive Committees for establishing our position.

I thank all members for their ongoing support of the Chamber. Platinum Partners, Gold Members, Chamber Awards Sponsors and Grand Final Charity Lunch sponsors make a huge contribution to our success and their support is greatly appreciated. I am also very grateful to Vice Presidents Peter Helmore and Roy Sanderson for their sound advice and

4

Grand Final Charity LunchWednesday 28 September 2016

We hosted yet another sell out event, over 200 guests at the annual Grand Final Charity Lunch on Wednesday 28 September at the Sandhurst Club. This year’s speaker was former West Coast and Carlton superstar Chris Judd, who entertained the crowd with some funny stories from his playing days, as well as a few observations on his post-playing life.

We were also joined by John Shore, Director of Ray White Chelsea, who was our fantastic MC and Auctioneer for the day. John was very busy drumming up bids for our auction items, with all proceeds going to the Make A Wish Foundation and the Caroline Chisholm Education Foundation. Another highlight of the event was John’s annual “Nothing” raffle, which is always highly entertaining while raising lots of money.

A very big thank you to all those who attended, and to all the businesses that donated items for the Silent Auction. We raised a record-breaking $12,000 at this year’s event.

5

supportive attitude of me in this role.

Again, we extend a special thanks to Todd Hartley and Hilton Manufacturing for accommodating the growing Chamber staff and providing us with two offices now. The Chamber also recognises the generous support of the City of Greater Dandenong.

We are very excited about the next twelve months - we have had a highly successful year, and I look forward to building on that success and growth.

Paul BroomPresident

Greater Dandenong Chamber Business Awards Breakfasts

The Greater Dandenong Chamber Business Awards were born out of the final Premier Regional Business Awards event. The Chamber Business Awards have continued the 25-year-old tradition of recognising and honouring outstanding business achievement in the Greater Dandenong area. Businesses were be able to self-nominate or nominate a fellow business in various categories. The winners from each of these categories will then be considered for the overall Greater Dandenong Chamber Business Award. Twelve businesses were presented at four business breakfast events, along with four Youth Enterprise nominees.

Date Guest Speaker Nominees25 May 2016 David Parkin Breadwinner India at Home 6 July 2016 Jason Cunningham Beletti Restaurant Cafe Bar RJ Sanderson & Associates TanGold Pastry Australia Youth Enterprise Nominee - Briony Santamaria Youth Enterprise Nominee - Charly Scott

24 August 2016 Paul Worsteling Biofuel Innovations Greencare Developments No Fuss Event Hire Youth Enterprise Nominee - Brooke Fernandez

12 October 2016 Nathaniel Bibby Cabrini Linen Service Murray Agricultural Equipment Quantum Recycling Solutions Youth Enterprise Nominee - Kyle Hillbrich

List of Event Sponsors 2016-2017

AwardsChisholm InstituteCity of Greater DandenongDandenong JournalFacey Industrial CommercialHilton ManufacturingMacpherson Kelley LawyersNAB

Grand Final LunchAW BellDandenong JournalGrendaMacpherson Kelley LawyersRJ Sanderson & AssociatesSurdex Steel

Carols by CandlelightCity of Greater DandenongDandenong JournalHilton ManufacturingJaycoNova 100Patterson Cheney Cars & TrucksYarraman Village

6

Greater Dandenong Chamber Business AwardsPresentation Night - Wednesday 30 November 2016

On Wednesday 30 November, over 150 people from the Chamber community got together to honour and recognise outstanding business achievement in the Greater Dandenong area, at the Chamber Business Awards Presentation Night. Ten outstanding businesses were nominated across of a number of categories, and we congratulate each of these ten businesses for standing out amongst approximately 12,500 businesses in this community.

We were delighted to annouce the following businesses as winners of the Category and Overall Chamber Awards.

7

Cabrini Linen ServiceGreater Dandenong Chamber Business Award and Employment Award

TanGold Pastry AustraliaSmall Business Award

RJ Sanderson & AssociatesLarge Business Award

Beletti Restaurant Cafe BarRetail Award

Greencare DevelopmentsCSR & Innovation Award

Charly ScottYouth Enterprise Award

Greater Dandenong Chamber of CommerceReg No A0023852L

Profit and Loss StatementFor the Year Ended 31 May 2017

The accompanying notes form part of these financial statements.

These statements should be read in conjunction with the attached compilation report.

8

GREATER DANDENONG CHAMBER OF COMMERCE INCReg No A0023852L

PROFIT AND LOSS STATEMENTFOR THE YEAR ENDED 31 MAY 2017

Note 2017 2016$ $

INCOMEInterest Received 2 892 1,786Council Grant - Office 7,500 7,500Carols Event 3 18,182 14,127Membership Subscriptions 44,360 33,300DRTA Membership Funds - 6,956Awards - Breakfast Events 11,668 8,959Awards - Business Presentation Night 33,357 99,448Grand Final Lunch Event 34,210 22,477Other Income 4 491 4,548

150,660 199,101

LESS EXPENDITUREAdministration Support - 213Advertising 403 290Awards - Breakfast Events 22,905 16,456Awards - Business Presentation Night 9,408 102,456Bank Charges 40 36Business Registration Fees 56 267Carols Event 16,969 11,226Computer Equipment 1,180 2,835General Expenses 5 125 350Grand Final Lunch Event 28,043 24,405Insurance 1,094 1,094Merchant Fees 1,318 1,876Minor Equipment 315 -Networking Events - 371Other Employer Expenses 484 -Postage 366 216Printing and Stationery 5,061 2,173Salaries and Wages 39,943 33,029Storage - 1,227Superannuation Contributions 3,762 3,097Telephone / Internet 3,395 2,365Website Development/Maintenance - 510Workcover 202 177

135,067 204,668

15,594 (5,566)

NET OPERATING PROFIT (LOSS) 15,594 (5,566)Retained Profits at the beginning of the financial year 114,670 120,236

TOTAL AVAILABLE FOR APPROPRIATION 130,264 114,670RETAINED PROFITS AT THE END OF THE FINANCIALYEAR 130,264 114,670

The accompanying notes form part of these financial statements.These statements should be read in conjunction with the attached compilation report.

Page 2


Balance SheetFor the Year Ended 31 May 2017

9




BALANCE SHEETAS AT 31 MAY 2017

Note 2017 2016$ $

CURRENT ASSETSCash at Bank 6 5,259 4,231Cash Deposits 7 125,160 114,668Trade Debtors 477 19,150

130,896 138,049

TOTAL ASSETS 130,896 138,049

CURRENT LIABILITIESTrade Creditors 358 26,487Withholding Taxes Payable 8 596 676Superannuation Payable 539 368Wages Payable - Payroll 40 -Good and Services Tax 9 (900) (4,152)

633 23,379

TOTAL LIABILITIES 633 23,379

NET ASSETS 130,264 114,670

EQUITYRetained Profits 130,264 114,670TOTAL EQUITY 130,264 114,670



Page 3


Noted to the Financial StatementsFor the Year Ended 31 May 2017

These notes should be read in conjunction with the attached compilation report.

10


NOTES TO THE FINANCIAL STATEMENTSFOR THE YEAR ENDED 31 MAY 2017

2017 2016$ $

1 Statement of Significant Accounting Policies

2 Interest Received:NAB 892 1,786

3 Carols Event:Council Grant 15,000 10,059Sponsorship 3,182 4,068

18,182 14,127

4 Other Income:Other Income - 24Networking Events 491 464Donations Received - 4,060

491 4,548

5 General Expenses:Executive Committee 125 330General Expenses - 20

125 350

6 Cash at Bank:NAB Cheque Account 5,259 4,231

7 Cash Deposits:NAB Cash Maximiser 125,160 114,668


Page 4

The financial statements are a special purpose report prepared for use by the committee Thecommittee has determined that the association is not a reporting entity.

The statements are prepared on an accruals basis. They are based on historic costs and donot take into account changing money values or, except where specifically stated, currentvaluations of non-current assets.

No Australian Accounting Standards, Australian Accounting Interpretations Views or otherauthoritative pronouncements of the Australian Accounting Standards Board have beenintentionally applied.


Noted to the Financial StatementsFor the Year Ended 31 May 2017

11


GREATER DANDENONG CHAMBER OF COMMERCE INCABN A0 023 852 L

NOTES TO THE FINANCIAL STATEMENTSFOR THE YEAR ENDED 31 MAY 2017

2017 2016$ $

8 Withholding Taxes Payable:PAYG Withholding Tax Payable 596 676

9 Good and Services Tax:GST Payable/(Refundable) (900) (4,152)

(900) (4,152)


Page 5


Statement of Cash FlowsFor the Year Ended 31 May 2017



12


STATEMENT OF CASH FLOWSFOR THE YEAR ENDED 31 MAY 2017

Note 2017 2016$ $

CASH FLOW FROM OPERATING ACTIVITIESReceipts from Customers 166,743 194,816Payments to Suppliers and Employees (158,817) (181,043)Interest Received 892 1,785

Net cash provided by (used in) operating activities 8,819 15,558

Net increase (decrease) in cash held 2 11,520 11,405

Cash at the beginning of the year 118,899 107,494

CASH AT THE END OF THE YEAR 1 130,419 118,899

21,245 21,245



Page 6


Statement of Cash FlowsFor the Year Ended 31 May 2017

13




STATEMENT OF CASH FLOWSFOR THE YEAR ENDED 31 MAY 2017

2017 2016$ $

NOTE 1 RECONCILIATION OF CASH

For the purposes of the statement of cash flows, cashincludes cash on hand and in banks and investments inmoney market instruments, net of outstanding bankoverdrafts.

Cash at the end of the year as shown in the statement ofcash flows is reconciled to the related items in the balancesheet as follows:

Cash at Bank 5,259 4,231Cash Deposits 125,160 114,668

130,419 118,899

NOTE 2 RECONCILIATION OF NET CASH PROVIDEDBY/USED IN OPERATING ACTIVITIES TO NETOPERATING PROFIT/(LOSS)

Net Operating Profit/(Loss) 15,594 (5,566)

Changes in asset and liabilities net of effects of purchasesand disposals of controlled entities:

(Increase)/decrease in trade and term debtors 18,673 (2,750)Increase/(decrease) in trade creditors and accruals (26,129) 25,948Increase/(decrease) in other creditors - -Increase/(decrease) in sundry provisions 3,403 (6,227)

Net cash provided by (used in) operating activities 11,540 11,405



Page 7


Statement by Members of the Committee

14


STATEMENT BY MEMBERS OF THE COMMITTEE

1.

2.

President ___________________________ Treasurer ___________________________Paul Broom Caroline Atonio

24th July 2017

Page 8

The committee has determined that the association is not a reporting entity and that the specialpurpose financial statements should be prepared in accordance with the accounting policiesoutlined in Note 1 to the financial statements.

In the opinion of the Committee:

the financial statements and notes presents fairly the financial position of Greater DandenongChamber of Commerce Inc as at 31 May 2017 and its performance for the year ended on thatdate in accordance with the accounting policies described in Note 1 to the financialstatements;

at the date of this statement, there are reasonable grounds to believe that the association willbe able to pay its debts as and when they become due and payable.

Greater Dandenong Chamber of CommerceMembers 2016-2017

Platinum PartnersAshfords Australian Tax Office DandenongBombardier TransportationCabrini Linen ServicesKPMG Enterprise NABQuest Dandenong Central RJ Sanderson & AssociatesTelstra Business Centre DandenongYarraman Village

Gold MembersA W BellAdecco GroupAssembly Point Commonwealth BankCity of Greater DandenongCredit Union AustraliaDevelopment Victoria Eco Electrical ServicesGrenda Group Pty LtdHiggins CoatingsHilton ManufacturingKLM SpatialKoya & CoLaser 3DMJC PartnersMacpherson Kelley LawyersMatchworksPatterson Cheney Cars & TrucksPitcher PartnersPWB Anchor Scottish Pacific SkillinvestTelstra Store Dandenong The Schaefer GroupWurth Australia

Silver MembersAdvanced Personnel Management Employment Allied Pickfords Business Relocations ALS GlobalAMC Commercial CleaningAnytime Fitness Springvale Apprenticeship and Training Employment PartnersAussie DisposalsAustralian College of Training and EmploymentAustralia’s First ChoiceAxcedaBekaert (Australia)Biggles AirBillson Business AdvisoryBiz Power Business ConsultantsBreadwinner (Aust) Burke PartnersCharlwoodsChisholm InstituteCIE LegalClovers Bistro at Dandenong Workers Club Compleat Angler & Camping World Dandenong Cybera Digital

Dandenong Agricultural & Pastoral Society Inc.Dandenong Basketball Association Delphi Bank Dias Aluminium ProductsEmpowered to Speak Facey Industrial CommercialFamily Mail HouseFirst Class Accounts - DandenongFlexicut EngineeringFort Knox (Group)Freight Cost SolutionsFreight People Fuji FastenersGenesis Fitness Club DandenongGeocycle HR Staff n Stuff Ibis Budget DandenonngJayco AustraliaJim’s Test and Tag Dandenong SouthJoy VoiceKSL Legal Labour Resource ManagementLeonidas Lawyers Marks Accounting Martogg & CompanyMechfield Facility MaintenanceMelba Support Services Moglonemby Trading Co (Budget)Orange Elephant Productions Power Equipment Prestige SME Business Solutions Quest DandenongRetPro Dandenong PlazaRMBL InvestmentsRST ConsultingSandhurst ClubSequoia Management - Ramada Encore HotelShisham Stanley GroupSign A RamaSkills PlusStar News GroupSurdex SteelThe Drug Detection AgencyThe Shotton Group Ultimate LaserValue Added PersonnelVince & AssociatesVisic & CoVoicecommWaste Converters RecyclingWhole ITWigley EngineeringWorrells Solvency & Forensic Accountants

Bronze Members1494 Accounting Partners First Stop CapitalJalee Impressions Knight Owl Sylex Ergonomics Tardrew Partners Telco Independent Consulting United Cleaning Supplies WOMMAU

15

PO Box 7435 Dandenong 3175

9768 3283

info@greaterdandenongchamber.com.auwww.greaterdandenongchamber.com.au

Documents

Greater Dandenong Chamber of Commerce€¦ · These statements should be read in conjunction with the attached compilation report. GREATER DANDENONG CHAMBER OF COMMERCE INC Reg No