Table 24: YA Inc. Statement of Changes in Equity 2007
Table 25: Approved 2007-08 Yachting Australia Budget
Income
|
|
|
|
Accreditations/Affiliations/Certifications
|
|
|
$343,420
|
Grants
|
|
|
$4,458,400
|
Cost Recovery
|
|
|
$137,000
|
Interest
|
|
|
$63,000
|
Membership
|
|
|
$840,280
|
Other Income
|
|
|
$514,200
|
Sponsorship
|
|
|
$695,000
|
Sales
|
|
|
$216,136
|
Total Income
|
|
|
$7,267,436
|
|
|
|
|
Expenditure
|
|
|
|
Accreditations/Certifications
|
|
|
$78,000
|
Administration & Office
|
|
|
$307,571
|
Bank & Audit Fees
|
|
|
$24,700
|
Catering
|
|
|
$134,100
|
Cost of Goods Sold
|
|
|
$64,372
|
Consultants & Contractors
|
|
|
$722,934
|
Advances and Grants
|
|
|
$1,697,785
|
Shipping, Fuel and Hire
|
|
|
$425,350
|
Equipment R&D
|
|
|
$0
|
Insurance
|
|
|
$319,600
|
MYA Payments
|
|
|
$319,587
|
Postage & Print
|
|
|
$187,437
|
Purchases
|
|
|
$39,180
|
Staff Costs
|
|
|
$1,972,427
|
Telephone
|
|
|
$70,950
|
Travel
|
|
|
$896,876
|
Total Expenditure
|
|
|
$7,260,868
|
|
|
|
|
Net Surplus (Deficit)
|
|
|
$6,567
|
Table 26: 2006/07 Budget by Key Responsibility Areas
|
|
TOTAL
|
TOTAL
|
TOTAL
|
BUSINESS MANAGEMENT
|
SPORT SERVICES
|
HIGH PERFORMANCE
|
OLYMPIC PROGRAM
|
TRAINING
|
A/c Code
|
Account Name
|
Approved 2006/2007 Budget
|
Estimated 2006/2007 Full Year result as at 30/5/06
|
Draft 2007/2008 Budget
|
Draft 2007/2008 Budget
|
Draft 2007/2008 Budget
|
Draft 2007/2008 Budget
|
Draft 2007/2008 Budget
|
Draft 2007/2008 Budget
|
|
INCOME
|
|
|
|
|
|
|
|
|
1060
|
Accreditation Fees
|
$ 108,758
|
$ 106,169
|
$ 134,820
|
$ -
|
$ -
|
$ -
|
$ -
|
$ 134,820
|
1110
|
Advt Code / Cat C
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
1115
|
Affiliation Fees
|
$ 3,600
|
$ 2,905
|
$ 3,600
|
$ -
|
$ 3,600
|
$ -
|
$ -
|
$ -
|
1130
|
Appeal fees
|
$ -
|
$ 100
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
1150
|
Certification
|
$ 220,856
|
$ 208,952
|
$ 205,000
|
$ -
|
$ 205,000
|
$ -
|
$ -
|
$ -
|
1160
|
Class Associations
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
1340
|
GRANTS
|
|
|
|
|
|
|
|
|
1340.2
|
APC
|
$ 140,000
|
$ 140,000
|
$ 100,000
|
$ -
|
$ -
|
$ -
|
$ 100,000
|
$ -
|
1340.3
|
AOC
|
$ 225,000
|
$ 225,000
|
$ 75,000
|
$ -
|
$ -
|
$ -
|
$ 75,000
|
$ -
|
1340.4
|
ASC
|
$ 2,839,200
|
$ 3,468,762
|
$ 2,877,000
|
$ 86,310
|
$ 215,775
|
$ 287,700
|
$2,287,215
|
$ -
|
1340
|
Grants-Other
|
$ 1,337,148
|
$ 1,058,926
|
$ 1,406,400
|
$ -
|
$ -
|
$ -
|
$1,406,400
|
$ -
|
|
Total Grants
|
$ 4,541,348
|
$ 4,892,688
|
$ 4,458,400
|
$ 86,310
|
$ 215,775
|
$ 287,700
|
$3,868,615
|
$ -
|
1350
|
COST RECOVERY
|
|
|
|
|
|
|
|
|
1350.1
|
Cost Recovery - general
|
$ 2,000
|
$ 142,910
|
$ 27,000
|
$ -
|
$ 2,000
|
$ 25,000
|
$ -
|
$ -
|
1350.2
|
Cost Recovery - shipping
|
$ -
|
$ 57,790
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
1350.3
|
Cost Recovery - travel
|
$ -
|
$ 43,135
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
1350
|
Cost Recovery - other
|
$ 100,000
|
$ 13,180
|
$ 110,000
|
$ -
|
$ -
|
$ -
|
$ 110,000
|
$ -
|
|
Total Cost Recovery
|
$ 102,000
|
$ 257,015
|
$ 137,000
|
$ -
|
$ 2,000
|
$ 25,000
|
$ 110,000
|
$ -
|
1380
|
Interest
|
$ 66,000
|
$ 62,445
|
$ 63,000
|
$ 63,000
|
$ -
|
$ -
|
$ -
|
$ -
|
1400
|
MEMBERSHIP SCHEME
|
TOTAL
|
TOTAL
|
TOTAL
|
BUSINESS MANAGEMENT
|
SPORT SERVICES
|
HIGH PERFORMANCE
|
OLYMPIC PROGRAM
|
TRAINING
|
1400.11
|
Gold Membership
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
1400.12
|
Silver Membership
|
$ 749,160
|
$ 718,805
|
$ 760,200
|
$ 760,200
|
$ -
|
$ -
|
$ -
|
$ -
|
1400.13
|
Youth Membership
|
$ 81,900
|
$ 75,882
|
$ 80,080
|
$ 80,080
|
$ -
|
$ -
|
$ -
|
$ -
|
1400.14
|
Gold Upgrade
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
1400.15
|
MTPL Insurance
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
1400
|
Membership Scheme - Other
|
$ -
|
-$ 158
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
|
Total Membership
|
$ 831,060
|
$ 794,528
|
$ 840,280
|
$ 840,280
|
$ -
|
$ -
|
$ -
|
$ -
|
1520
|
Other income
|
$ 464,600
|
$ 327,350
|
$ 226,500
|
$ 46,500
|
$ -
|
$ -
|
$ 105,000
|
$ 75,000
|
1520.2
|
Expenses Recovered
|
$ -
|
$ 64
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
1620
|
Sales
|
$ 142,107
|
$ 156,131
|
$ 216,136
|
$ 5,600
|
$ 18,713
|
$ -
|
$ 45,000
|
$ 146,823
|
1650
|
Sponsorship
|
$ 270,000
|
$ 360,000
|
$ 695,000
|
$ 50,000
|
$ 50,000
|
$ 75,000
|
$ 520,000
|
$ -
|
1660
|
MYA Meeting Income
|
$ -
|
$ 7,674
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
4999
|
Uncategorized Income
|
$ 691,287
|
$ 500,000
|
$ 287,700
|
$ -
|
$ -
|
$ -
|
$ 287,700
|
$ -
|
|
TOTAL INCOME
|
$ 7,441,615
|
$ 7,676,023
|
$ 7,267,436
|
$ 1,091,690
|
$ 495,088
|
$ 387,700
|
$4,936,315
|
$ 356,643
|
|
Cost of Goods Sold
|
|
|
|
|
|
|
|
|
5000
|
Cost of Goods Sold
|
$ 61,964
|
$ 42,613
|
$ 64,372
|
$ -
|
$ 3,875
|
$ -
|
$ -
|
$ 60,497
|
|
Total COGS
|
$ 61,964
|
$ 42,613
|
$ 64,372
|
$ -
|
$ 3,875
|
$ -
|
$ -
|
$ 60,497
|
|
GROSS PROFIT
|
$ 7,379,651
|
$ 7,633,409
|
$ 7,203,064
|
$ 1,091,690
|
$ 491,213
|
$ 387,700
|
$4,936,315
|
$ 296,146
|
|
|
|
|
|
|
|
|
|
|
|
EXPENSES
|
TOTAL
|
TOTAL
|
TOTAL
|
BUSINESS MANAGEMENT
|
SPORT SERVICES
|
HIGH PERFORMANCE
|
OLYMPIC PROGRAM
|
TRAINING
|
2025
|
Accreditation
|
$ -
|
$ 298
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
2030
|
FBT
|
$ 1,000
|
$ -
|
$ 10,429
|
$ 1,650
|
$ 2,508
|
$ 2,508
|
$ 2,508
|
$ 1,254
|
2040
|
Audit Fees
|
$ 13,000
|
-$ 383
|
$ 13,000
|
$ 3,250
|
$ 2,600
|
$ 1,300
|
$ 3,250
|
$ 2,600
|
2060
|
Bad Debts
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
2065
|
BANK CHARGES
|
|
|
|
|
|
|
|
|
2065.2
|
Bank Fees
|
$ 3,800
|
$ 6,287
|
$ 5,500
|
$ 1,100
|
$ 1,650
|
$ 550
|
$ 1,100
|
$ 1,100
|
2065.6
|
Card Merchant Fees
|
$ 3,800
|
$ 5,791
|
$ 6,200
|
$ 2,200
|
$ 1,500
|
$ 500
|
$ 1,000
|
$ 1,000
|
2065
|
Bank charges - Other
|
$ -
|
$ 1
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
|
Total Bank Charges
|
$ 7,600
|
$ 12,079
|
$ 11,700
|
$ 3,300
|
$ 3,150
|
$ 1,050
|
$ 2,100
|
$ 2,100
|
2070
|
Casual Staff
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
2075
|
Catering - FBT
|
$ -
|
$ 2,070
|
$ 600
|
$ -
|
$ -
|
$ 600
|
$ -
|
$ -
|
2076
|
Catering - Non FBT
|
$ 92,650
|
$ 116,510
|
$ 133,500
|
$ 36,250
|
$ 8,250
|
$ -
|
$ 89,000
|
$ -
|
2077
|
Certification Costs
|
$ 71,400
|
$ 62,384
|
$ 78,000
|
$ -
|
$ 78,000
|
$ -
|
$ -
|
$ -
|
2080
|
Cleaning
|
$ 6,000
|
$ 6,171
|
$ 5,508
|
$ 1,100
|
$ 1,108
|
$ 1,100
|
$ 1,100
|
$ 1,100
|
2095
|
COACH ADVANCES
|
|
|
|
|
|
|
|
|
|
Total Coach Advances
|
$ 6,000
|
$ 24,925
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
2140
|
Conference Fees
|
$ -
|
$ 3,084
|
$ 1,200
|
$ -
|
$ 1,000
|
$ 200
|
$ -
|
$ -
|
2150
|
Contractors
|
$ 466,079
|
$ 535,066
|
$ 531,814
|
$ 15,900
|
$ 51,500
|
$ 17,000
|
$ 409,914
|
$ 37,500
|
2160
|
Consultants
|
$ 133,000
|
$ 91,770
|
$ 191,120
|
$ 24,000
|
$ -
|
$ 1,250
|
$ 165,870
|
$ -
|
2170
|
Depreciation
|
$ -
|
$ 21,309
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
2200
|
Electricity
|
$ 6,000
|
$ 3,658
|
$ 3,583
|
$ 700
|
$ 742
|
$ 700
|
$ 742
|
$ 700
|
2230
|
Fuel
|
$ 19,200
|
$ 19,636
|
$ 31,240
|
$ -
|
$ -
|
$ 800
|
$ 30,440
|
$ -
|
2260
|
General /Sundry Expenses
|
$ 39,046
|
$ 36,358
|
$ 25,750
|
$ 20,500
|
$ 500
|
$ 1,600
|
$ 2,650
|
$ 500
|
2275
|
GRANT PAYMENTS
|
|
|
|
|
|
|
|
|
2275.1
|
Accommodation
|
$ 223,176
|
$ 175,727
|
$ 225,275
|
$ -
|
$ -
|
$ -
|
$ 225,275
|
$ -
|
2275.10
|
Grants to others
|
$ 380,000
|
$ 105,721
|
$ 385,496
|
$ -
|
$ -
|
$ -
|
$ 385,496
|
$ -
|
2275.2
|
Air Travel
|
$ 337,176
|
$ 292,983
|
$ 356,224
|
$ -
|
$ 5,000
|
$ 45,000
|
$ 306,224
|
$ -
|
2275.3
|
Car Expenses
|
$ 29,200
|
$ 21,069
|
$ 17,850
|
$ -
|
$ -
|
$ -
|
$ 17,850
|
$ -
|
2275.4
|
Freight & Shipping
|
$ 115,817
|
$ 51,199
|
$ 33,400
|
$ -
|
$ -
|
$ -
|
$ 33,400
|
$ -
|
2275.5
|
Ground Travel
|
$ 7,300
|
$ 21,222
|
$ 6,826
|
$ -
|
$ -
|
$ -
|
$ 6,826
|
$ -
|
2275.6
|
Equipment
|
$ 111,546
|
$ 538,876
|
$ 64,500
|
$ -
|
$ -
|
$ 3,500
|
$ 61,000
|
$ -
|
2275.7
|
Sports Science & Medical
|
$ 20,550
|
$ 19,010
|
$ 26,000
|
$ -
|
$ -
|
$ -
|
$ 26,000
|
$ -
|
2275.8
|
Daily Allowances
|
$ 285,640
|
$ 513,436
|
$ 222,012
|
$ -
|
$ -
|
$ -
|
$ 222,012
|
$ -
|
2275.9
|
Fees
|
$ 110,735
|
$ 95,063
|
$ 64,702
|
$ -
|
$ -
|
$ 12,500
|
$ 52,202
|
$ -
|
2275
|
Grant payments - Other
|
$ 215,413
|
$ 26,271
|
$ 295,500
|
$ -
|
$ 50,500
|
$ 75,000
|
$ 170,000
|
$ -
|
|
Total Grant Payments
|
$ 1,836,553
|
$ 1,860,577
|
$ 1,697,785
|
$ -
|
$ 55,500
|
$ 136,000
|
$ 1,506,285
|
$ -
|
2300
|
Hire
|
$ 132,432
|
$ 133,182
|
$ 152,610
|
$ 5,400
|
$ 4,150
|
$ 1,400
|
$ 140,960
|
$ 700
|
2325
|
INSURANCE - GENERAL
|
TOTAL
|
TOTAL
|
TOTAL
|
BUSINESS MANAGEMENT
|
SPORT SERVICES
|
HIGH PERFORMANCE
|
OLYMPIC PROGRAM
|
TRAINING
|
2325.1
|
AYF - Prof Indemnity
|
$ 6,000
|
$ 3,563
|
$ 4,000
|
$ 1,000
|
$ 1,000
|
$ 400
|
$ 1,200
|
$ 400
|
2325.2
|
Business Pack
|
$ 11,500
|
$ 10,697
|
$ 11,000
|
$ 2,750
|
$ 2,750
|
$ 1,100
|
$ 3,300
|
$ 1,100
|
2325.3
|
Cch/Inst - Prof Indemnity
|
$ -
|
$ 16,787
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
2325.4
|
Directors/Officers Liability
|
$ 6,500
|
$ 4,864
|
$ 6,500
|
$ 1,625
|
$ 1,625
|
$ 650
|
$ 1,950
|
$ 650
|
2325.5
|
Equipment
|
$ 12,000
|
$ 24,338
|
$ 21,000
|
$ -
|
$ -
|
$ 1,000
|
$ 20,000
|
$ -
|
2325.6
|
Member 3rd Party Ins
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
2325.7
|
Member PA Ins
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
2325.9
|
Travel
|
$ 5,800
|
$ 8,999
|
$ 6,300
|
$ 800
|
$ -
|
$ -
|
$ 5,500
|
$ -
|
2325
|
Insurance - Other
|
$ -
|
$ 2,420
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
|
Total Insurance - General
|
$ 41,800
|
$ 71,668
|
$ 48,800
|
$ 6,175
|
$ 5,375
|
$ 3,150
|
$ 31,950
|
$ 2,150
|
2330
|
INSURANCE - MEMBERSHIP
|
|
|
|
|
|
|
|
|
2330.1
|
Cch/Inst - Prof Indemnity
|
$ 72,000
|
$ 49,599
|
$ 65,000
|
$ -
|
$ -
|
$ -
|
$ -
|
$ 65,000
|
2330.2
|
Member 3rd Pty Ins
|
$ -
|
$ 6,427
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
2330.3
|
Member PA Ins
|
$ 223,155
|
$ 167,733
|
$ 205,800
|
$ 205,800
|
$ -
|
$ -
|
$ -
|
$ -
|
2330
|
Insurance - Membership - Other
|
$ -
|
$ 74
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
|
Total Insurance - Membership
|
$ 295,155
|
$ 223,832
|
$ 270,800
|
$ 205,800
|
$ -
|
$ -
|
$ -
|
$ 65,000
|
2400
|
Legal costs
|
$ 18,000
|
$ 32,502
|
$ 19,950
|
$ 5,950
|
$ 4,000
|
$ 2,000
|
$ 6,000
|
$ 2,000
|
2550
|
PAYMENTS TO MYAS
|
|
|
|
|
|
|
|
|
2550.1
|
NTYA
|
$ 10,500
|
$ -
|
$ 7,500
|
$ -
|
$ -
|
$ -
|
$ 7,500
|
$ -
|
2550.2
|
QYA
|
$ 42,745
|
$ 15,470
|
$ 79,918
|
$ -
|
$ 4,818
|
$ -
|
$ 75,100
|
$ -
|
2550.3
|
TYA
|
$ 24,549
|
$ 12,479
|
$ 16,418
|
$ -
|
$ 3,014
|
$ -
|
$ 13,404
|
$ -
|
2550.4
|
VYC
|
$ 18,699
|
$ 22,121
|
$ 20,464
|
$ -
|
$ 13,264
|
$ -
|
$ 7,200
|
$ -
|
2550.5
|
YA ACT
|
$ -
|
$ 3,775
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
2550.6
|
YA NSW
|
$ 126,120
|
$ 115,689
|
$ 122,480
|
$ -
|
$ 11,480
|
$ -
|
$ 111,000
|
$ -
|
2550.7
|
YA WA
|
$ 62,059
|
$ 66,945
|
$ 62,764
|
$ -
|
$ 5,064
|
$ -
|
$ 57,700
|
$ -
|
2550.8
|
YSA
|
$ 8,343
|
$ 3,258
|
$ 8,170
|
$ -
|
$ 3,670
|
$ -
|
$ 4,500
|
$ -
|
2550
|
Payments to MYAs - Other
|
$ 2,625
|
-$ 6,242
|
$ 1,875
|
$ -
|
$ 1,875
|
$ -
|
$ -
|
$ -
|
|
Total Payments to MYAs
|
$ 295,640
|
$ 233,495
|
$ 319,587
|
$ -
|
$ 43,183
|
$ -
|
$ 276,404
|
$ -
|
2575
|
POSTAGE AND PROCESSING
|
|
|
|
|
|
|
|
|
2575.2
|
Freight
|
$ 4,600
|
$ 16,553
|
$ 4,600
|
$ 1,375
|
$ 1,300
|
$ 350
|
$ 875
|
$ 700
|
2575.3
|
Postage
|
$ 37,575
|
$ 27,671
|
$ 34,820
|
$ 23,820
|
$ 5,000
|
$ 750
|
$ 1,500
|
$ 3,750
|
2575.5
|
Mail House
|
$ 34,800
|
$ 38,129
|
$ 39,900
|
$ 39,900
|
$ -
|
$ -
|
$ -
|
$ -
|
2575
|
Postage & Processing - Other
|
$ -
|
$ 8,930
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
$ -
|
|
Total Postage & Processing
|
$ 76,975
|
$ 91,283
|
$ 79,320
|
$ 65,095
|
$ 6,300
|
$ 1,100
|
$ 2,375
|
$ 4,450
|
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