HON. TREASURER’S REPORT

Mr. John McCormack

Members, it is my pleasure to submit, for your perusal and adoption, the Financial Statements of the Association for the year ended 30 September 2006.

The Association is in a financially sound position and the income received throughout the season has been channelled back to its members in the form of subsidies to clothing purchases (39% of income), entertainment costs (69% of income) such as the Blue & White Cabaret evening, Life Members Reunion and the monthly restaurant gatherings at the favourite “Chinese Nights”.

While the Net Ordinary Income / (Loss) was in a loss situation this financial year the interest received from the investment of the Leo Randle bequest turned the year into a positive result of $1,203.

Significant purchases this year include the purchase of a new set of referee uniforms, 3 sets of communication equipment and new DVD Camcorder. We incurred two “one-off” expenses in the setting up of the Leo Randle Foundation totalling $2,404.

We continue to receive the support of the Canterbury League Club Ltd with their generous and ongoing sponsorship as well as members’ companies displaying their wares with sleeve and short sponsorships in the form of Ronnies Environmental Services Pty Ltd through Jeff Hassarati and As Clean As A Whistle Pty Ltd through Andrew Taylor. We thank all our sponsors, without them we could not continue to do what we do in fostering men and women in the art of refereeing.

Our thanks again to the NSW Rugby League Referees’ Association in granting us $4,000 this season. This is up $500 from $3,500 the previous year. The funds are always put to good use in training and development.

I would like to again thank Mr Warren Gee for his on going input of the referee fees into our spreadsheet on a weekly basis. It is a time consuming task, which requires diligence and attention to detail so that the members are paid correctly.

There are also a number of other people that assist in making the role of Treasurer that much easier week in and week out. Thanks to the various Committeemen who control the money at our social meetings, our custodian of gear stocks and other funds that are under their control. Special thanks again to Glenn Jeffcoat (and

Elayne) who work very hard to ensure that the members enjoy the various social events, but does so with prudent cash management.

I would also like to thank the other members of the Executive for their friendship, guidance and support throughout the season. It is a pleasure to work with these loyal members under the guidance of Paul our dedicated and longest serving President. Without his care for the association it would not be what it is today – a great association to be a part of.

JOHN McCORMACK HON. TREASURER