LEO RANDLE TRUST REPORT Mr. Paul Archer
Current Trustees: Paul Archer (Chair) Nathan Loveday, Daniel Gardner, Peter Longhurst, Warren Gee The pandemic which confronted Australia and the world in 2020 had both a health and financial burden, millions of lives lost, millions more ill and the finances of all countries impacted. In Australia we were more fortunate than most, as an island we isolated early which reduced the health impact. The Governments acted quickly on both the health front and economically to assist to lessen the burden on its citizens. The funds of the Trust were affected but not to any major degree and we are still in a sound position, thanks to a sensible investment strategy recommended by our advisor, Ian Butler and endorsed by the Trustees. Mid-year the General Committee requested funding due to the impact on the Association’s revenue stream and the Trustees following obtaining legal advice granted a request for $10,000 for development and administrative support. Therefore, during 2020 the following funds have been withdrawn from the Trust: DATE 27th February 2020 19th March 2020 22nd March 2020 26th March 2020 17th April 2020 15th July 2020 15th July 2020 15th July 2020
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AMOUNT $1954.45 $1500.00 $908.99 $1240.00 $825.00 $10,000.00 $10,000.00 $110.00
DESCRIPTION CBRA – Annual Storage Rental Facility South Coast Bushfire Appeal CBRA – New Laptop ASIC – Annual Fees Walker Wayland – Professional services CBRA – Development and Administration CBRA – Printing of Association History Book ASIC – Registration Fee
CBDRLRA Inc. 99th Annual Report & Financial Statement – Season 2020
