2011
Annual Report Glenelg Golf Club Incorporated ABN 94 199 789 857
Our Mission
Our Goals
To provide members with a quality golf course and facilities, a friendly environment and the opportunity to enjoy their golf.
To ensure the Club’s financial strength to meet its short, medium and long term goals without calls on members
Our Vision To be recognised by members and the golfing community as providing the best overall package of golf course, service and facilities in South Australia and ranked among the best in Australia
To develop an environmentally sustainable golf course distinguished from other championship courses by unique characteristics and recognised as among the best in Australia To provide outstanding value and service to members and guests To foster a sense of belonging and pride amongst members and improve the profile and reputation of the Club To promote the enjoyment of golf and the enhancement of skill through a competition program which meets the needs and expectations of members of all skill levels and interests
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Office bearers
CAPTAIN
Mr Jim Johnson
VICE CAPTAIN
Mr Anthony Martin
PRESIDENT
Mr Geoff Gitsham
VICE PRESIDENTS
Mrs Helen McMutrie
Mr John Rawson
COMMITTEE OF MANAGEMENT
Mr Paul Duregon
Mr Gavan Fox
Mr Brett Jarrad
Mr Sam Koukourou
Mrs Kay Nyland
Mr Gerry O’Brien
GENERAL MANAGER
Mr David Brand
Committee attendance
Paul McGrath (term completed March 2010)*
1
Jim Johnson
10
Anthony Martin
10
Gavan Fox
10
David Gillespie (term completed March 2011)
0
Brett Jarrad
8
Sam Koukourou
10
Kay Nyland
12
Gerry O’Brien
7
Paul Duregon (elected March 2011)
9
* The outgoing Captain is permitted to attend Committee of Management meetings in an ex-officio capacity, for a period of 12 months.
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Membership status Membership numbers as at 31 December 2011
Category
Male
Female
2011
2010
2009
2008
2007
2006
Life
2
3
5
5
3
3
3
3
Full
570
69
639
725
713
676
663
675
Full Paid
34
0
34
35
35
35
35
35
Company
47
5
52
67
53
55
55
55
145
63
208
201
272
326
315
332
Intermediate
45
5
50
53
41
42
49
53
Six Day
37
17
54
0
0
0
0
0
Weekday
99
59
158
156
140
63
70
77
Veteran
5
3
8
4
4
6
5
3
38
8
46
63
44
28
35
43
0
1
1
2
0
0
0
0
Country
84
9
93
96
88
99
85
102
Temporary *
29
5
34
9
9
7
9
8
Corporate
2
0
2
1
3
5
7
5
Honorary
17
0
17
16
16
16
18
18
Non Playing
13
13
26
28
29
28
25
23
Social
59
1
60
79
67
114
120
137
Honorary Social
3
0
3
3
3
3
3
3
PGA Member
2
2
4
3
3
0
0
0
Try Golf
0
26
26
26
16
0
0
0
Casual
21
1
22
19
7
0
0
0
TOTAL
1,252
290
1,542
1,556
1,546
1,506
1,497
1,572
Provisional
Junior Junior Country
* In 2011, College students have been listed as Temporary members. In previous years, they have been split between Junior and Intermediate.
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Performances of note
State Team Selections Girls’ State Squad - Christine Beasley, Jenny Lee, Matilda Wheare, Elysia Yap Boys’ State Squad - Lachlan Booth Golf SA High Performance Talent Identification Squad - Jake Hurst, Jack Hynes, Haydn Booth, Jacqueline Walter
Amateur Events Women’s Bronze Cup - Jill Gehling Golf SA Girls’ Junior Masters - Jenny Lee Golf SA Girls’ Junior Amateur Championship - Jenny Lee Golf SA Girls’ Junior Open - Jenny Lee Mt Osmond Junior Vardon - Moe Nagi Tea Tree Gully Junior Vardon - Moe Nagi Riverside Junior Vardon - Lachlan Booth Flagstaff Hill Junior Vardon - Moe Nagi Links Lady Bay Women’s Vardon - Fariza Zain
Women’s Cleek Stick Champions Jeanne Scardigno (Team Manager), Fiona Eblen, Janet Fleer, Cheryl Franzi, Jill Gehling, Joy Green, Ros Osborn, Deb Sterry, Wendy Vaughan and Heather Waddy
Women’s Grade 2 Pennant Runners Up Jean Roberts (Team Manager), Fariza Zain, Sam Fleming, Christine Beasley, Sue Tuohy, Wendy Greig, Kay Nyland and Ruth Martin
Other achievments Female Youth Sports Star Award, Southern Region - Elysia Yap South Australian Golf Hall of Fame Inductees - Bob Tuohy, Murray Crafter & Rhonda Watson OAM
Holes in One Peter Munt (March)......................................................................................... 3rd Hole Judy Holst (June)............................................................................................11th Hole Mark Trenwith (August)................................................................................. 3rd Hole Peter Munt (September)................................................................................ 3rd Hole Gerry Ramsay (December)..........................................................................14th Hole
Jenny Lee (pictured) had a phenomenal 2011, winning numerous state and club events.
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Club Championship & trophy winners Event
Winner
Runner Up
Men’s Club Championship
Leigh Attenborough
Ben Hollis
Women’s Club Championship
Sam Fleming
Fariza Zain
RF Stevens Trophy
Troy Moses
Sam Earl
Men’s B Grade Championship
Ray Earle
William Traljic
Men’s C Grade Championship
Phil Miller
Ivan Tanner
Women’s B Grade Championship
Wendy Vaughan
Jill Gehling
Women’s C Grade Championship
Libby Neuling
Carmel Fairweather
Men’s A Grade Plate
Sam Harkiss
Christopher Pudney
Men’s B Grade Plate
Nick Gray
Paul Duregon
Men’s C Grade Plate
Tim Earle
Bruce Du-Rieu
Boys Club Championship
Sam Raschella
Sam Hynes
Girls Club Championship
Jenny Lee
Elysia Yap
Men’s Senior Championship
Peter Lea
Colin Wright
Jimmy McLachlan Trophy
Troy Moses
James Edge
Men’s Foursomes Championship
Ben Tuohy & Simon Connelly
James McDonald & Chris Whitford
Women’s Foursomes Championship
Jill Hodge & Jan Dale-Harris
Wendy Greig & Cathy Symons
Men’s A Grade Foursomes
Steve Weeks & Greg Kendall
Ben Tuohy & Simon Connelly
Men’s B Grade Foursomes
Glenn Sterrey & Steve Gentle
Michael Maguire & Grant Goodier
Men’s C Grade Foursomes
Bevan Roberts & Patric Alderman
Bruce Du-Rieu & Dusan Nenadovic
Women’s B Grade Foursomes Championship
Helen McMutrie & Helen Mesnil
Janet Fleer & Cheryl Franzi
Women’s C Grade Foursomes Championship
Vicki Djurasevich & Rita Northcote
Chris Larsen & Libby Neuling
Mixed Foursomes Championship
Mark McDonald & Josie Hodge
Mitch Taht & Jess Burns
Rhonda Watson Brooch (Gross)
KOOYONGA: Emma Ash, Lynn McGough & Deb Percey
Rhonda Watson Brooch (Net)
MOUNT LOFTY: Joy Page, Jill Freer & Marny Donaldson
Brian Ferris Memorial Trophy
Brad Moules (Royal Adelaide)
Heath Riches (Kooyonga)
Eric Scovell Trophy
Anthony Murdaca (Grange)
Jake Laubsch (Grange)
Women’s Vardon
Sarah King (Royal Adelaide)
Rachel Taylor (Mt Osmond)
Owen Whitford Trophy
Nigel Turner & Ann Coats
Denis Prider & Joy Page
Lance Begg Trophy
Gavan & Karin Fox
Winter Pinehurst Foursomes Trophy
Gary Jackson & Sue Smallacombe
Don Harris Memorial Trophy
Geoff & Lynne Cotton
Event
Winner
Event
Winner
Governor’s Cup
Mark Trenwith (Glenelg)
Glenelg Trophy (Juniors)
Sam Hynes
Senior Cup
David Allen
Boys’ Handicap Matchplay
Mitch Taht
Anzac Trophy
John Noble
Rawson Memorial
John Tully
Captain’s Trophy
Bruce Harding
Don Watson Memorial
Sam Hughes
President’s Trophy
Toby Koch & Jarrett Moyse
Frank Collins Memorial
John Noble
Glenelg Trophy
Bernie Manser
AH Smerdon Memorial
Rob Mckeon
Sam Percival Trophy
Will Starkey
Steve McKee Memorial
Phil Maunder
Milo Sprod Trophy
Brian Dawson
Summer Cup
Michael Maguire & Lance Poulson
Norm Omond Medals
A: Brett Tucker
Harold Wright Memorial
Scott Breckenridge
B: Alan Turner
Men’s Winter Matchplay
Bevan Roberts
C: Troy Perriam
Brian Bashford Memorial
Henry Grebenshikoff
Junior Winter Matchplay
Jake Hurst
Women’s Event
Winner
Women’s Event
Winner
President’s Foursomes
Libby Neuling & Peta Laundy
Shyllie Rymill Foursomes
Sue Tuohy & Heather Whitford
Captain’s Trophy
Carmel Fairweather
Consistency Cup
Chris Croucher
Laurel Wreath
Peggy Lau Flux
Aggregate Par Trophy
Wendy Vaughan
International Bowl
Silver: Cathy Darling
Veterans’ Handicap
Anne Marks
Bronze: Jo Darling
Veterans’ Handicap Gross
Anne Marks
Ron Wood Trophy
Chris Croucher
Veteran’s Handicap Net
Jill Stone
Club Medal 1
Jill Stone
JM Sims Trophy
A Grade: Wendy Greig
Club Medal 2
Jenny Vandergraaff
B Grade: Joy Green
Club Medal 3
Cathy Darling
C Grade: Mollie Scott
Caddy Trophy
Cathy Johnson
Past Committee Trophy
Kay Nyland
Grandmothers Trophy
Anne Threadgold
Most Improved Handicap
Chris Croucher
Putting Trophy
Wendy Greig
Jacka Trophy
Wendy Greig
Wallace Stroke
Cathy Symons
Saturday Championship
Net: Cathy Johnson
Parfection Prize
Kay Nyland
Ella Cole Trophy
Matilda Wheare
Essex Stroke
Silver: Jane Nelson Bronze: Nancy Craigie
Matchplay: Fariza Zain
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Office Bearers 1927 - 2011 Year
Captain
Vice-Captain
Year
Captain
Vice-Captain
1927 A.J. Roberts
President
S. Jackman
F.G. Hicks
1970 N.E. Bagshaw
President
J.R. Alderman
J.D. Omond
1928 A.J. Roberts
S. Jackman
F.G. Hicks
1971 N.E. Bagshaw
J.R. Alderman
J.D. Omond
1929 A.J. Roberts
S. Jackman
F.G. Hicks
1972 N.E. Bagshaw
J.D. Omond
M.C.E. Summers
1930 A.J. Roberts
S. Jackman
F.G. Hicks
1973 N.E. Bagshaw
J.D. Omond
M.C.E. Summers
1931 A.J. Roberts
F.G. Hicks
John Hill
1974 N.E. Bagshaw
M.C.E. Summers
R.B. Bennett
1932 Not Appointed
F.G. Hicks
John Hill
1975 N.E. Bagshaw
M.C.E. Summers
R.B. Bennett
1933 W. Fisk
John Hill
G. McLeay
1976 F.G. Collins
R.B. Bennett
G.A. Hodgson
1934 W. Fisk
John Hill
G. McLeay
1977 F.G. Collins
R.B. Bennett
G.A. Hodgson
1935 W. Fisk
J.E. Ashton
G. McLeay
1978 F.G. Collins
G.A. Hodgson
H.T. Slade
1936 W. Fisk
J.E. Ashton
G. McLeay
1979 F.G. Collins
G.A. Hodgson
H.T. Slade
1937 W. Fisk
K.C. Crookall
Dr. A.H. Guymer
1980 F.G. Collins
H.T. Slade
B.J. Manser
1938 W. Fisk
Dr. A.H. Guymer
Dr. C.B. Maddern
1981 F.G. Collins
H.T. Slade
B.J. Manser
1939 Frank Smith
Dr. A.H. Guymer
J.E. McKee
1982 F.G. Collins
B.J. Manser
J.E.O. Handford
1940 Frank Smith
J.E. McKee
V.M. Thomas
1983 F.G. Collins
B.J. Manser
J.E.O. Handford
1941 Frank Smith
V.M. Thomas
W.B. Holt
1984 R.B. Bennett
J.E.O. Handford
G.D. Gitsham
1942 Frank Smith
V.M. Thomas
W.B. Holt
1985 R.B. Bennett
J.E.O. Handford
G.D. Gitsham
1943 Frank Smith
V.M. Thomas
W.B. Holt
1986 R.B. Bennett
G.D. Gitsham
A.K. Whitford
1944 Baden Pattinson
V.M. Thomas
W.B. Holt
1987 R.B. Bennett
G.D. Gitsham
A.K. Whitford
1945 Baden Pattinson
W.B. Holt
A.C. Brooke
1988 R.B. Bennett
A.K. Whitford
D.N. Barton
1946 Baden Pattinson
W.B. Holt
A.C. Brooke
1989 R.B. Bennett
A.K. Whitford
D.N. Barton
1947 W. Allen
E.Caradoc Ashton
S.N. McKee
1990 R.B. Bennett
D.N. Barton
J.L. Waddy
1948 H.H. Handby
E.Caradoc Ashton
S.N. McKee
1991 R.B. Bennett
D.N. Barton
J.L. Waddy
1949 H.H. Handby
E.Caradoc Ashton
S.N. McKee
1992 R.B. Bennett
J.L. Waddy
J.R. Giles
1950 C.H. Fidock
S.N. McKee
F.G. Collins
1993 R.B. Bennett
J.L. Waddy
J.R. Giles
1951 C.H. Fidock
S.N. McKee
F.G. Collins
1994 D.N. Barton
J.R. Giles
J.A. Rawson
1952 C.H. Fidock
F.G. Collins
S.D. Harris
1995 D.N. Barton
J.R. Giles
J.A. Rawson
1953 C.W. Anderson
F.G. Collins
S.D. Harris
1996 D.N. Barton
J.A. Rawson
I.P. Symons
1954 C.W. Anderson
S.D. Harris
D.M. Watson
1997 D.N. Barton
J.A. Rawson
I.P. Symons
1955 C.W. Anderson
S.D. Harris
D.M. Watson
1998 D.N. Barton
I.P. Symons
D.M. Lindsay
1956 C.W. Anderson
S.D. Harris
D.M. Watson
1999 J.L. Waddy
I.P. Symons
D.M. Lindsay
1957 C.W. Anderson
D.M. Watson
C.M. Wood
2000 J.L. Waddy
D.M. Lindsay
C.R. Whitford
1958 C.W. Anderson
D.M. Watson
C.M. Wood
2001 J.L. Waddy
D.M. Lindsay
C.R. Whitford
1959 C.W. Anderson
D.M. Watson
C.M. Wood
2002 J.L. Waddy
C.R. Whitford
P.J. Norman
1960 W.J. Parkinson
C.M. Wood
N.E. Bagshaw
2003
C.R. Whitford
P.J. Norman
1961 W.J. Parkinson
C.M. Wood
N.E. Bagshaw
2004 B.J. Manser
P.J. Norman
I.R. Brooks
1962 W.J. Parkinson
N.E. Bagshaw
P.T. Morton
2005 B.J. Manser
P.J. Norman
I.R. Brooks
1963 W.J. Parkinson
N.E. Bagshaw
P.T. Morton
2006 B.J. Manser
I.R. Brooks
P.R. McGrath
1964 N.E. Bagshaw
N.E. Bagshaw
P.T. Morton
2007 B.J. Manser
I.R. Brooks
P.R. McGrath
1965 N.E. Bagshaw
P.T. Morton
J.A. Butler
2008 B.J. Manser
P.R. McGrath
N.J. Johnson
1966 N.E. Bagshaw
P.T. Morton
J.A. Butler
2009 G.D. Gitsham
P.R. McGrath
N.J. Johnson
1967 N.E. Bagshaw
J.A. Butler
J.A. Manning
2010 G.D. Gitsham
N.J. Johnson
A.J. Martin
1968 N.E. Bagshaw
J.A. Butler
J.A. Manning
2011
N.J. Johnson
A.J. Martin
1969 N.E. Bagshaw
J.A. Manning
J.R. Alderman
J.L. Waddy
G.D. Gitsham
Committee Members 1927 - 2011 Name
Years
Name
Alderman, J.R.
24
Giles, J.R.
Allen, W.S.
16
Gillespie, D.P.
Ashton, E.C.
11
Gillman, J.F.
Ashton, J.E.
16
Bagshaw, N.E.
11
Barton, D.N.
13
Bennett, R.B.
9
Bishop, W.P.
6
Briscoe, P.C.A.
11
Years 10
Name
Years
Name
Years
Mahoney, W.J.
5
Rawson, K.A.
16
3
Mallen, L.
3
Reade, T.C.
6
1
Manning, J.A.
7
Sando, H.H.
3
Gitsham, G.D.
6
Manser, B.J.
12
Sands, R.G.
3
Goldsworthy, J.S.
2
Marshall, A.K.
1
Sauerbier, L.C.
3
Guy, G.R.
3
Martin, A.J.
6
Skinner, L.P.
5
Guymer, Dr. A.H.
3
Martin, S.G.
2
Slade, H.T.
Handford, J.E.O.
10
Mausolf, N.
6
Stanhope, B.H.
1
Harris, S.D.
12
11
McCarter, L.
5
Stevens, G.B.
5
Brooke, A.C.
6
Hartford, B.B.
1
McCarthy, K.J.
6
Stevens, R.F.
8
Brooks, I.R.
10
Hendry, J.M.
2
McFarlane, A.
3
Still, J.A.
4
Brooks, L.A.
1
Hewett, L.P.
2
McFarlane, K.B.
3
Stone, J.C.
3
Burgen, O.T.
3
Hicks, F.G.
5
McGlasson, A.
6
Summers, M.C.E.
20
Butler, J.A.
11
Hill, J.
5
McGrath, P.R.
8
Symons, I.P.
10
Thomas, V.M.
6
Campbell, K.S.
3
Hodgson, G.A.
13
McKee, J.E.
5
Chamberlain, R.R.
1
Hodgson, J.W.
1
McKee, S.N.
12
Thompson, G.R.
4
Chapple, G.B.
3
Holt, W.B.
9
McLeay, G.
2
Trabilsie, F.J.
7
Collins, F.G.
21
Hull, S.C.
2
McLuckie, R.
3
Truscott, R.W.
1
Connelly, P.F.
3
Humphries, W.G.
5
McMutrie, H.
6
Vivian, A.B.
5
Crookall, K.C.
2
Jackman, A.J.
2
Merrett, A.F.
6
Waddy, J.L.
6
Cudmore, D.C.
2
Jackman, J.W.
1
Morton, P.T.
23
Walsh, T.I.
6
9
Jackman, S.
4
Nelson, R.A.
2
Warburton, C.
9
Jarrad, B.
2
Newton, R.
4
Watson, D.M.
21
Dale, M.E. Darling, A.E.
12
Dignan, J.A.
1
Johnson, A.C.M.
7
Norman, P.J.
9
Watson, E.J.
1
Duregon, P.B.
1
Johnson, N.J.
6
Nyland, K.
3
Weston, G.W.
3
Ellers, L.G.
3
Johnson, W.G.
2
O’Brien, G.P.
4
Wheatley, J.A.
9
English, R.J.
Kenny, J.P.
1
Omond, J.D.
21
Whitford, A.K.
12
Ferris, B.T.
10 4
Kimber, A.W.
4
Palmer, J.S.
4
Whitford, C.R.
10
Flehr, B.E.
4
Koukourou, S.
6
Percival, S.T.P.
1
Wood, C.M.
11
Follett, R.M.
7
Lacey, E.H.
2
Phillips, D.W.
2
Wood, L.M.
4
Foster, G.C.
1
Lewis, F.A.
24
Phillips, M.B.
14
Fox, G.M.
5
Lindsay, D.M.
8
Price, W.D.
Frances, I.K.
2
Maddern, Dr. C.B.
1
Pritchard, W.A.
Freeman, R.E.N.
3
Maddern, J.P.
5
Rawson, J.A.
Jim Johnson
Tony Martin
Captain
Vice-Captain
Wood, W.C.
2
1
Woolcott, E.S.
3
2
Wright, H.F.
6
11
Young, W.D.
2
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Captain’s report
Jim Johnson Captain
The last 12 months have seen the Club continue to move forward in many aspects of its operations. Some of the highlights are: • The condition and reputation of the course continues to improve as does our course ranking and reciprocal club arrangements • Our membership is very active with record playing numbers on Saturdays, Wednesday twilight and mixed events • The Club has a new “front of house” with a new Head Professional and Director of Golf Operations, and a new Head Teaching Professional • The Club’s Junior Program continues to flourish • The Club’s food and beverage operations were overhauled with extended opening hours, food presentations and wine offerings • Timesheets have been introduced on heavy traffic days including some Saturdays and trade days to alleviate the overcrowding • The ASR is now operational and injecting water into the aquifer
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Golf Course Throughout 2011, efforts continued on consolidating the quality and presentation of the golf course. Minimal redevelopment work took place during the year, and staff were able to concentrate on manicuring and shaping, tidying up and improving turf consistency. The efforts of staff in this regard were recognised with continuing accolades from members and guests throughout the year, with many long-standing members claiming the golf course was in the best condition they had seen. In January, the Committee of Management engaged Crafter + Mogford Golf Strategies to develop a Course Enhancement Plan to guide future developments and enhancements to our outstanding golf course. The plan took six months to develop, with regular meetings between the architects and management, and was tabled for review by the Committee of Management in September. Some elements of the plan were carried out during 2011 during regular course maintenance works. Planning is currently underway to prioritise and schedule future works into the Club’s budgets with a minimum of disruption to member play. Control of the ASR wetland project was handed over to the Club in February from the NRM Board, with approval from the EPA obtained shortly afterwards, permitting the injection of water into the underlying aquifers. As part of the approval process, ASR systems and monitoring tools were tested by circulating
water through the wetland system, with extremely pleasing results. Injection commenced in May under manually controlled conditions with full automation commencing a few months later. Over 100ML of treated stormwater was injected into the aquifer during ASR operations between June and December.
Turf Equipment Technician, Will Sadler, resigned in July after almost three years’ service and was replaced by Matt Rahe, who commenced in October. Matt comes to us with youthful exuberance and performed extremely well in his first three months, given the workload faced during the turf-growing season.
Member interaction was encouraged through the year with Friends of the Course sessions and B/C Grade Course Reviews held. These sessions allowed members to be involved in the presentation of the golf course and provided valuable feedback to course maintenance staff, identifying areas of difficulty that may have previously been overlooked. It was also an opportunity to educate members on some of the aspects of course maintenance and presentation.
A strong focus was placed on OHS and Environmental management in 2011 with upgrades to both systems ensuring Glenelg continues to meet strict legislative requirements. Areas of improvement have been identified and these issues will continue to be addressed in 2012 and beyond.
Bunker refurbishment was high on the list of maintenance works for 2011 with many of the course’s revetted edge bunkers rebuilt as per the ongoing bunker refurbishment works schedule. Bunkers were levelled, edging improved and greenside bunkers on the 1st and approach bunkers on the 7th and 18th holes were remodelled to assist ingress and egress. Bunkers on the 11th and 14th holes were completely redesigned to improve playability and maintenance issues. Neil Crafter’s redesign work on these bunker complexes was outstanding and they add to the impressive visual nature of our bunkering style. There were minimal capital expenditure outlays in 2011 due to tighter budgetary conditions. There were some changes in personnel within the Course Maintenance Team. Our
Course staff were given the opportunity to attend the Australian Golf Course Superintendents Association National Conference, hosted in Adelaide in 2011, with all staff taking valuable knowledge away to assist in their own development and work performance. Graham Stevens, James McDonald and their team are to be congratulated for their efforts throughout 2011. Their dedication continues to put Glenelg on the map as one of the very best presented and conditioned courses in Australia. Daryl Sellar provides leadership and professional guidance in his consulting role with the Club and continues to actively promote the Club through his presentations at local, national and international golfing conferences. Our thanks go to Daryl as our mentor of course development and presentation.
Long term, strategic planning from Course Management, has seen turf quality and playing surfaces continue to improve. Annual Course Renovation work, shown here, plays a significant role in the year round condition of our golf course.
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January Timing of Saturday rounds commences Karen Steindorf returns from maternity leave commencing in Clubhouse Operations Manager role Reciprocal arrangements with Gosford, Darwin, Bunbury, Oatlands and Headland are terminated Crafter + Mogford Golf strategies engaged to develop a Course Enhancement Plan
February Women’s Try Golf Program commences for 2011 with over 60 participants 190 members and guests attend the 2011 Quiz Night
Course Rankings The outstanding condition of the golf course was recognised in December 2011 when Golf Australia Magazine released their Top 100 Australian Golf Course ratings. Glenelg was ranked 29th, a jump of 23 spots from its previous rating the year before. Golf Australia Magazine commented “Adelaide’s Glenelg layout finished just outside the top 50 in 2010 but it jumped 23 places, more than any other course, to find a spot at No. 29.” They went on to say “Glenelg is no longer the poor cousin on the Adelaide Sandbelt. Neil Crafter’s re-design, highlighted by revetted bunkering, has given the course a great unique character.”
March Gerry O’Brien & Paul Duregon elected upopposed to COM David Gillespie retires from COM Joondalup Country Club announced as new reciprocal club Final testing of ASR before approval to inject into aquifer Mike Dobson appointed to role of Course Marshal Threat of late fees sees subscrition payments on or before the due date increase by 25% OH&S and Environment audit of maintenance facilities undertaken, identifying a number of issues
April 6-day membership introduced for existing members Glenelg hosts SA Amateur Championship Matchplay finals Touchscreen PCs installed for computerised competition entry Legends Pro Am held, organised successfully by Ron Wood Male and Female Playing rights adjusted Renovations to Boardroom improve the Club’s marketable confierence facilities
Glenelg ranked one spot higher than Grange West, and ahead of notable courses such as The Australian, Portsea, The Cut, Joondalup, The National (Ocean Course), Brookwater, Yarra Yarra, Huntingdale, Moonah Links (Open Course) and Royal Canberra. On the local scene, Royal Adelaide slipped to number 10 and Kooyonga to number 23; however it was pleasing from a nonparochial perspective to see all four Group One SA clubs ranked in the top 30. Golf Digest will publish its biennial rankings in March after this report has gone to the printers. We will update you on that result in the Member E-News.
Reciprocal Clubs A number of changes were made to our reciprocal relationships during 2011. The Club commenced agreements with Joondalup Country Club and Twin Waters
Golf Club. Links Hope Island, on the Gold Coast, approached the Club in December, with approval granted in January 2012. The Club terminated agreements with Gosford, Darwin, Bunbury, Oatlands and Headland Golf Clubs.
Head Professional & Director of Golf Operations In 2012 the Club will continue to enhance its domestic and international reciprocal arrangements. A comprehensive program has been developed for implementation. Following an extensive review of the options available to the Club, which commenced in 2010, the Committee of Management agreed to make changes to the Pro Shop and golf operations areas of the Club, in an effort to increase efficiencies and improve the overall services provided to members. The Committee of Management also felt that a change in personnel was required and in February we advised the Club Professional, Ron Wood, that the Club would not be extending his tenure beyond 2011. Ron declined to complete his final year and in May ended his 16-year term as the Club’s Head Professional, with his tenure being second only to Murray Crafter, who spent 23 years with the Club. We thank Ron for his continued efforts during his time at Glenelg and wish him every success in his future endeavours. With Ron’s early departure, the Club took temporary control of the Pro Shop operations, with existing staff being retained and employed by the Club to carry on the Pro Shop operations. The Committee of Management also had an obligation to ensure confidentiality of the new appointment until negotiations had been completed, hence no announcements could be made at that time. In the interim period the shop was operated internally by the Club with Paul Gander,
Adrian Wickstein and Sam Hughes all providing capable and friendly service during the transition. In late May, following extensive discussions, Shane Robinson was contracted in the newly established role of Head Professional & Director of Golf Operations, with a start date of October 2011. This was a coup for the Club given Shane’s previous experience as General Manager and Club Professional of Tanunda Pines Golf Club, the Director of Golf role at McCracken Country Club, his experience as a successful player on the Australasian PGA Tour, and outstanding reputation in the local and national golf community. The new role was designed to encompass all Golf Operations services at the Club, delivering increased efficiencies within the Administration departments, and to provide an improved “front of house” service for members, guests and visitors. During negotiations, the need to retain a PGA accredited professional golfer at the Club was identified and a number of applications were received for the position. The outstanding candidate was State and National Coach, Gareth Jones. Gareth presented a wealth of coaching and professional experience in his application and the Committee of Management unanimously appointed him to the locum role, where he continued to supervise Adrian Wickstein through his final months as a trainee professional. We are pleased to advise that Adrian has completed his traineeship and now provides valuable and appreciated support to our Golf Operations Team. Adrian is also thanked for his energy and management of the prize giving at twilight events. Together, Shane and Gareth provide a leadership, teaching and operations experience second to none in South Australia, and coupled with existing staff, we believe Glenelg now boasts one of the best Pro Shop and Golf Operations teams in the country.
Clubhouse Operations Clubhouse operations proved to be a problematic issue for the Club in 2011. A number of new initiatives were introduced in 2011 to accommodate member feedback and requests, included extending the availability of food service until 6pm on most days, opening every Wednesday and Friday evening throughout the year, and Thursday evenings from October. Expanded menu options offered bistro style meals, and improved snack food options including “pub” meals, burgers, wraps, Turkish breads and salads. In the main, feedback from members indicated that the quality and consistency of the food provided through new menus had improved substantially and that service levels had also improved dramatically. Unfortunately, we saw little change in the habits of members during the year and a lack of support by members to generate sufficient revenue to cover the increased wage and food costs, and to justify continuing to provide this level of opening hours in 2012. In short, we will be reverting to the previous model, albeit with the improved level of service and quality of food presentation. Bar and Catering posted a combined profit of $8,948, a fraction of the $267,369 seen in 2010. Much of the reduction related directly to the increased opening hours, greater service levels and expanded menu options, reduced bar sales, coupled with members not embracing the enhancements that had been requested from the various surveys and input. A great deal of time has been spent in recent months re-analysing food and beverage sales and staffing levels, leading to a better understanding of the consistency of member buying habits particularly over the last three years. This analysis is available to any member interested in the operational aspects of our Bar and Catering.
May Monit OHS System installed to maintain legislative requirements of a live OHS System Remodelled bunker walk-ins on 1st and 7th holes Injection commences on ASR system Installation of new AV system in the Dining Room
June Alastair Gibson’s role as 3rd Full Time Chef reverts to Casual Strategies put in place to minimise losses being made through the Club’s Food & Beverage Operations Electric roller purchased to allow early morning course preparation Sam Fleming wins Women’s Club Championship
July Emma Bishop resigns as Marketing & Communications Manager Sophie James wins Women’s Pennant Player of the Year Dylan Thomas wins Men’s Pennant Player of the Year Brad Moules wins Glenelg Vardon, Anthony Murdaca wins Junior Vardon & Sarah King wins Women’s Vardon
August Fencing installed at front gates for additional security Sign installed on front fence to promote membership vacancies Committee agree to trial online booking sheets for three consecutive Saturdays Glenelg Foundation Day raises $20k for Junior Golf 10th fairway bunker refurbishment completed Tree skirting on 8th hole and between holes 13, 14 & 15 completed Old concrete irrigation tank adjacent to 12th tee removed
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As a result of this analysis, a number of changes were implemented to the Club’s Food & Beverage Operations in 2012 to continue to deliver the improved service to members and guests at times we know are supported, and to also provide substantial cost savings across the board at other times.
signed on for a five-year period as our soft drink supplier. The arrangement replaces a longstanding agreement with Coca Cola, and the deal is worth in excess of $50,000 for the Club over the next five years.
Our Wednesday evening twilight events continued to be hugely successful, with up to 80 to 100 participants every week. Bar and Catering turnover on Wednesdays continues to be strong as a result.
•
Improved menu options and food quality, coupled with a letterbox marketing campaign to surrounding neighbourhoods, saw an increase in lunch time and evening trade for the Club.
•
Rump and Red specials on Thursday nights have attracted an average of 30 to 40 people every evening during the daylight saving period, whilst Friday night dining continues to attract good numbers. However, we would like to see more members and encourage everyone to make use of our great facility.
•
Our culinary team worked overtime in 2011, trying to deliver better and better food presentations. The food quality, consistency and choice has improved markedly since our Head Chef, Matt Chapman, commenced in October 2010. Increased lunchtime and evening trade is a direct result of Matt’s skills and experience and the work of his team of chefs and kitchen hands.
We also experienced a large reduction in wedding receptions hosted by the Club. Numbers declined from 44 in 2010 to 33 in 2011. A number of possible reasons can be attributed to this result, including the current financial climate and increased competition from local venues. Quality of our offering was not an issue given the feedback from the attendees. Strategies are being implemented to try and address this issue.
Within the disappointing financial performances for the year, there were some highlights: •
improving the Club’s wine selections and increasing take-away sales. We have already seen improved sales in this department and encourage all members to make use of this service.
New events were introduced and a Social Calendar produced and distributed with subscription notices in March to keep members informed of upcoming events. When possible, the Dining Room was used, but the Members Lounge became more popular as a “Dining Room” with table settings and linen used, creating a relaxed dining atmosphere and providing the views across the golf course.
Conference numbers increased during the year by almost 20%, as did function numbers, on the back of minor refurbishment work to the Club’s Boardroom and the installation of a new AV system in the Dining Room. Our Clubhouse staff have continued to work diligently and professionally to service members. Karen Steindorf returned from maternity leave in January to take control of our Clubhouse Operations, whilst Phil Day continued to provide excellent support as Bar Manager. We were fortunate to engage the services of Martin Ardill during the year in the role of Assistant Bar Manager. Marty has taken on the role with gusto and is focused on
In a sponsorship deal late in the year, Schweppes Australia was
In 2012 the Club expects to deliver the improved level of quality of food and service, but only at the times we know will be supported by members. This will help return Bar and Catering to a satisfactory level of profitability.
Function numbers through 2011 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
TOTAL
Wedding
4
3
4
6
3
0
0
1
3
5
4
0
33
Function
1
5
5
6
11
9
9
10
17
9
14
25
121
Conference
7
14
28
7
21
13
9
14
10
7
16
4
150
Golf Day
1
4
6
4
8
3
3
2
2
4
3
0
40
Significantly extended trading hours through 2011, in an effort to expand the Club’s Food and Beverage Operations did not see proportional growth in support from members. This has in turn forced the Club to further review its Food and Beverage Operations, to find a balance between member service and a financially sustainable operation.
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September Anthony Olsen appointed to the role of Membership & Marketing Manager Course Renovations work carried out as scheduled on first Monday of September 14th greenside bunker refurbishment completed Course Enhancement Plan reviewed by COM and classified as is a long term project for completion over a minimum of 10 years
October Fire damage caused to 4th tee toilet block Twin Waters Golf Club added as a Reciprocal Club Shane Robinson commences in role of Club Professional & Director of Golf Operations Sam Raschella wins Club Junior Championship & Jenny Lee wins Girls’ Junior Championship Simon Connelly and Ben Tuohy win Club Foursomes Championship Changes made to Club’s communcation strategies with a strong focus on electronic communication Matt Rahe commences in role of Club Mechanic
November Reilly’s Wines signs as major sponsor of Glenelg Pennant Teams Leigh Attenborough wins Club Championship
December Major review of Club’s Food & Beverage Operations College of Elite Golf advises of relocation to Sydney & Melbourne Club signs five-year agreement with Schweppes Australia as our soft-drink supplier, ending the Club’s long standing arrangement with Coca-Cola Club launches Mobile Site in conjunction with enhancements to the Club website
Starting Systems & Pace of Play The subject of the starting system, including the question of timesheets, drew much debate among members during 2011. In December 2010, a survey was sent out to all members asking for their thoughts on the issue. With over 300 responses received from members, the result was 80/20 in favour of retaining the existing starter/ball in race system across the entire week. However, when these figures were broken down day by day, the results varied on Saturdays, our problem day, showing a 70/30 result in favour of the starter system. The survey did identify a number of issues, particularly the long waits on Saturdays for players after 11am and the length of time it took to complete a round. As a result, in February, it was agreed to trial online booking sheets on Saturdays at times when heavy traffic was anticipated on the 1st tee. Online booking sheets were also successfully adopted on weekdays when Corporate Golf Days were held, and on Sunday mornings before pennant and other golf events. In addition, online booking sheets were introduced for Pairs & Partners events and other Club events such as the US Open Saturday Ambrose. The Committee of Management continued to receive feedback during the year and sensed the membership, especially the Saturday players, were shifting their opinions in favour of a timesheet system. In August, online booking sheets were used for a three-week trial on Saturdays, with players again surveyed to gauge their reaction to the trial. The results of the survey confirmed that the opinion of Saturday players had shifted further still, to a 55/45 result in favour of the starter
system. Over 70% of respondents indicated that, either way a change to the starting system would not make a difference to their golf experience. Since that time further feedback has been received with the trend towards a timesheet system on high traffic days. Following the August trial, the Committee of Management reaffirmed the Club’s policy of using online booking sheets at times of heavy traffic or limited tee times, and also allowed for their use during times of limited daylight hours. Further feedback led to online booking sheets being opened eight days prior at 3:00pm. Starting systems aside, slow play continued to be an issue throughout 2011. Timing of rounds was undertaken in the early months with data posted around the Clubhouse and emailed to members each week, to identify slow groups in the hope that peer pressure may encourage them to speed up. In response to requests from members, a Course Marshal was employed to monitor play on Saturday. The role was advertised internally and externally, with Club member, Mike Dobson, appointed to the role in March. The competition fee was increased from $5 to $6, the first increase in almost 10 years, to cover the costs of employing a Course Marshal. While the use of the Course Marshal has had some success, we will not see any major improvement until members accept that the responsibility ultimately remains theirs to improve pace of play. Ready golf, coupled with a commitment to eradicate slow play, will see the biggest improvements.
College of Elite of Golf The Club’s commitment to growing the game of golf remained as strong as ever, with ongoing relationships with Golf SA and the College of Elite Golf. The College of Elite Golf continued its successful program throughout 2011 with the Club’s support. There were some issues in regard to access to the golf course and wear and tear of practice facilities, and plans were in place by the College to develop a training and administration facility on airport land adjacent the golf course in 2012. However, following delays in planning approval and the Club advising the College of its decision to limit the use of our practice facilities in 2012, the College announced the expansion and relocation of its golf program with new campuses to be established at one of our reciprocal clubs, Bonnie Doon Golf Club in Sydney, and at Sandhurst Club in Melbourne’s southeast. We have offered the Club as a membership base for College students should the program return in Adelaide. We congratulate and support the College on its decision to expand the program. We have no doubt the program will continue to grow and Glenelg Golf Club is proud to have been a foundation supporter of the program for the last five years.
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Obituary We acknowledge the following members who have passed away during 2011: •
Ian Arthur
•
Max Dale
•
Reg Davis
•
Bob Lees
•
Vincent Renyard
•
Dr. John Waddy
We extend our deepest sympathy to relatives and friends. May they rest in peace.
Heritage Fund Work on the establishment of the Club’s Heritage Fund was well underway when our Marketing & Communications Manager, Emma Bishop, announced the impending birth of twin girls, resulting in Emma resigning from the position in July. Anthony Olsen was appointed to the role in September, and final preparations are underway to launch the Heritage Fund in 2012.
Finance
incoming Full members to alleviate heavy traffic on Saturdays.
The Club’s financial result for 2011 was a $52,393 profit for the year ended 31st December 2011. This result included income totalling $342,213 for the ASR project.
Other departmental areas including Membership, Match and Course performed to expectations.
By years’ end, total equity increased to $4,165,344 and the Club’s cash position increased slightly with $179,781 available as at 31st December 2011. In order to bring the ASR project on as a “Contributed Asset”, income was recognised and this amount brought onto the Asset register in addition to amounts previously incurred through the project’s construction period between 2008 and 2010. The asset has been treated according to our policy where earthworks and landscaping costs are not capitalised. Therefore, while the overall project was significantly greater in value than the recognised “Contributed Asset”, the amount shown is the balance of what is deemed to be capital works. Excluding income reported from the “Contributed Asset”, the Club posted an operating loss of $289,820, much of which can be attributable to the significantly lower than expected financial performance of Bar and Catering, activities relating to the transfer and operation of the Pro Shop (a short term one off charge), the reduction in wedding functions, and the decision to reduce the number of
Increased Clubhouse utilization coupled with a better service offering for members and guests has always been integral in the Club’s strategic focus. New upgraded menus and food offerings, extended opening hours, additional member functions and activities were installed in the social calendar. Examples included Sunday music sessions , fashion parade for mothers and daughters, wine dinners, quiz nights, Mothers and Fathers Day lunches, and theme food nights. However, whilst there was some support for the new initiatives, not enough events and opening hours were supported to the level to warrant continuation without significant adjustments. As a result, and despite a significantly improved food service offering, the Club posted a reduction in profit contribution to $47,715 in Bar and a loss of $38,767 in Catering. This was a disappointing result. Service and quality will remain, however action has been taken to improve efficiency in the labour mix and rostering management areas, in addition to negotiating better deals with our larger suppliers to improve margins and therefore profit.
In keeping with our growing reputation as a friendly and welcoming club, the COM took the decision to expand the golf education/lessons, retail shop and golf operations generally. Due to circumstances and logistics, the ultimate one off cost of the changeover to Shane Robinson and his team amounted to $79,979. Members have embraced these changes with a significant uptake in golf lessons and retail traffic, and the Club is confident this investment will be returned in the longer term. As noted last year, finance costs continue to have a significant impact on the Club’s overall operating performance with $212,125 in interest payments made in 2011. However, despite the above, our debt reduction program has continued and whilst falling just short of our dollar objective, we were still able to reduce our bank and lease/HP commitments by $261,763. In addition, by renegotiating $1.5m of the Club’s bank facility to a new fixed lower interest rate, our ongoing interest costs will be reduced. Given the global financial conditions and the challenges that lie ahead locally, considerable work has already been done to implement cost control and a continuous improvement program designed to return the Club to a stronger financial footing.
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Marketing, Member Focus & Member Services
many failed to strike a chord with members. Having said that, the annual Quiz Night was again a great success with over 180 participants enjoying an eventful and competitive evening and raising almost $1,500 for Junior Golf at Glenelg.
stories and quality wines supplied by Woodstock Winery.
During the year, the Club introduced a number of new policies designed to promote and attract new members. Whilst not major changes, they did bring in a number of new members and these policies will continue in 2012.
In 2010, focus group sessions were held and member surveys conducted, and these efforts continued into 2011 to involve members in determining the direction of the Club and what members would like from their memberships.
Women’s Try Golf is a continuing success for the Club, and in 2011, nine participants converted to Full or Provisional membership after their two year trial memberships, bringing the total number of conversions to twelve. We also had 2 men take up membership as a result of their partner’s participation in Try Golf. The program itself attracted another 60 participants in February and March, and it is hoped that a number of these participants will also eventually join the Club. Over 350 women have participated in the Try Golf Program since its inception in 2008.
A number of new Social events were introduced in an effort to encourage greater participation and utilisation of the Club’s facilities, however
In December, the Club hosted special guest Bob Tuohy for the Captain’s Lunch. The event proved successful with 130 attendees enjoying Bob’s
In the last 12 months, the Committee of Management has attempted to engage members more in the non-golfing elements of the Club, to provide improved quality of service and choice from the food and beverage operations. To encourage increased facility utilisation, the Club implemented a series of major structural and contractual changes to areas of operation including the Pro Shop and Clubhouse.
The annual Winery Challenge was again a massive hit for members in October with over 200 participants enjoying a day of good wine, great food and outstanding company.
A “Military Personnel” policy was introduced, identifying the increased military presence in South Australia and acknowledging the transitional nature of military personnel. The take up rate has been minor but will be retained for future years. Six-Day membership was introduced in April, offering those members who preferred not to play Saturday, but wanted to retain a Sunday option, the opportunity to downgrade their membership. This was offered in conjunction with Weekday
membership and saw approximately 70 members transfer to both categories. A moratorium was put in place permitting a transfer back to previous categories in the first 12 months should the Six-Day category not suit the requirements of each member. Playing rights for Full members were altered in April, with Full female members permitted to play at any time on Saturdays, and Full and Provisional male members permitted to hit off from 11:30am on Tuesdays. This change was made at the request of a number of members and will continue to be monitored over the coming years as we continue to observe and control traffic. Another change to membership policies in 2011 was the removal of credit card surcharge fees on membership subscription payments. Members took advantage of this change, with credit card payments almost doubling from previous years. The cost associated with increased merchant fees was partly covered by the introduction of late fees for all subscription payments
received after the due date. This policy also encouraged members to pay subscriptions earlier, with a 33% increase in receipts before the due date. The introduction of these two policies was seen as a success with members rewarded for early or on-time payment, and tardy members penalised for late payments. In an effort to attract new members, signage was installed on James Melrose Road inviting people to enquire about membership. Whilst a seemingly minor approach to membership marketing, the approach has worked with a number of new members indicating they joined after seeing the signage. Corporate membership options were reviewed in 2011 in an effort to attract some of the larger corporate clients and capitalise on the mining boom. Only minimal success has been seen to date, however this area will continue to be promoted by our Membership & Marketing Manager in 2012. Late in the year, a sponsorship agreement was signed with Reilly’s
Wines, becoming the official house pour and providing $5,000 in cash sponsorship for the Club’s Pennant Program. McGrath Real Estate and SA Safe Supplies were also signed on as pennant sponsors, whilst the Watermark Hotel at Glenelg also signed as a sponsor in early 2012. As a result, $10,000 in sponsorship has been obtained to assist in the funding of the Club’s 2012 Golf SA Pennant Season campaign. A number of changes were made to the Club’s marketing materials and strategies in 2011. Changes to the Club’s website late in the year allowed for better communication to members through a regular news feed of information. A mobile site is also now available for those members who use their iPhones or smartphones on a regular basis. The Club’s monthly e-News was relaunched as a weekly (or on demand) communication tool, keeping members abreast of everything happening around the Club. An Online Magazine was also trialled in August with some success.
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Golf Operations & Events The Club’s match program continued to attract participants throughout the year with many popular events held and new events introduced. In March, the Club hosted the finals of the SA Amateur Championships, with member Jill Gehling taking out the Women’s Bronze Cup, in a close tussle against fellow member, Cheryl Franzi. Our very own Jenny Lee lost the final of the Women’s Amateur Championship to Royal Adelaide’s Sarah King, whilst Brad Moules completed the RA double taking out the Men’s Amateur Championship. Earlier in the year, Jenny Lee took out both the Girl’s Junior Amateur Championships and Golf SA Junior Masters events. In July, the Glenelg Vardon events were played with Grange’s Anthony Murdaca taking out the Junior Vardon for the third consecutive time, and Brad Moules and Sarah King continuing their affinity with Glenelg by collecting the Men’s and Women’s Vardon trophies. The Club played host to the Governor, His Excellency Rear Admiral Kevin Scarce AC CSC RANR in the annual Governor’s Legacy Cup in August. The event is the final of an annual competition, in which some 2,000
golfers from 100 golf clubs around South Australia compete. The event commenced in 1949 and raises funds for Legacy. Glenelg Golf Club was invited to host the first year and has been the home for the event for 54 years. Since its inception, the Governor’s Legacy Cup has raised well over $1million for Legacy. This year’s winner was Club member Mark Trenwith and we are pleased to report that His Excellency played in the event, although he lost money to the Club Captain and the Club President, Geoff Gitsham. The Rhonda Watson Brooch was played in the same week as the Governor’s Cup and was won by Kooyonga, defeating Glenelg’s team of Sam Fleming, Fariza Zain and Jayne Staridas. The Women’s Club Championship events were played in June with College of Elite Golf student, Sam Fleming, taking out the main event. Wendy Vaughan took out the B Grade Championship whilst Libby Neuling won the C Grade title. In the Men’s Club Championships played in November, Leigh Attenborough won his first Glenelg championship, defeating Elite College student Ben Hollis is a closely fought contest on the 37th hole. Peter Lea won the Senior Championship, Ray Earle collected the B Grade trophy, and Phil Miller took out the C Grade Championship.
Another successful Trophy Presentation Dinner was held on the evening of the Club Championship finals with over 100 attendees celebrating the achievements of members from throughout the year. Just prior to his departure, Ron Wood hosted the inaugural Glenelg Legends Pro Am. The event was a great success with high praise received from all participants. Such was the success of the event, it was nominated for an award at the SA Golf Industry Awards Night but was unsuccessful. Computers took over the Pro Shop early in the year with the Club’s antiquated paper competition entry process replaced by touch screen computers. This is to be a pre-cursor to the introduction of the popular Auto-score system, however, due to some software supply issues, the introduction has been temporarily postponed. In the Golf SA Pennant Season both A Grade teams were unable to make the finals. The men’s Bonnar Cup and Junior Pennant teams were in the same boat, however the women’s A2 pennant team and Cleek Stick teams were more successful. The Cleek Stick team prevailed easily in their final whilst the A2 side, after comprehensively going through the season undefeated, tripped at the final hurdle going down to Royal Adelaide at Royal Adelaide.
Sophie James took out Women’s Pennant Player of the Year and Dylan Thomas took out the men’s award. In October, the inaugural SA Golf Industry Awards night was held at the Adelaide Oval. The evening was a huge success and was supported by all industry associations in South Australia, including the PGA, Golf Management Australia, Australian Golf Course Superintendents Association and Golf SA. Three legends of Glenelg Golf Club, Rhonda Watson OAM, Bob Tuohy, and Murray Crafter were inaugural inductees into the SA Golf Industry Hall of Fame. Importantly, playing numbers at our Club were up substantially in 2011 due to a more active membership base. This is a great thing for the Club, with members now wanting to play and practise golf, and make use of our clubhouse facilities afterwards. Added to this is the significant increase in our junior membership numbers in the past few years. Junior members are the future of the Club, and we intend to continue to encourage junior membership through our successful Junior Development Program.
2011 Club Champions Club Champion
Leigh Attenborough B Grade Champion
Ray Earle C Grade Champion
Phil Miller Senior Club Champion
Peter Lea Boys’ Club Champion
Sam Raschella Girls’ Club Champion
Jenny Lee Men’s Foursomes Champions
Ben Tuohy & Simon Connelly Women’s Foursomes Champions
Jill Hodge & Jan Dale-Harris Mixed Foursomes Champions
Josie Hodge & Mark McDonald
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Junior Golf The Club’s Junior Development program continued its growth in 2011 with a number of achievements by Junior members and many fund raising activities held. Juniors’ numbers reduced during the year, with a number turning 18 years of age. Having said that, the strength of our Junior program remains high with a large percentage of our juniors now competing successfully in Vardon, State and National events. Many of our Junior members were afforded the opportunity to compete in events across the nation in 2011, with Jenny Lee competing at the Australian Amateur Championships in Melbourne, Mitch Taht in the Tasmanian Junior Masters, and Sam Hynes, Mitch Taht, Jenny Lee, Elysia Yap and Christine Beasley all competing in the Australian Junior Amateur Championships in Sydney. Jenny Lee was a standout for the year, winning the Golf SA Junior Masters, SA Junior Amateur Championships and Golf SA Junior Open event at Grange and Kooyonga. To top this effort, Jenny successfully defended all three titles in early 2012. The Club congratulates Jenny on a wonderful performance. Golf SA has just announced that Lachlan Booth, Elysia Yap and Christine Beasley have been selected in the 2012 State Junior teams, and our Head Teaching Professional, Gareth Jones, is coach of the boys’ team. At home, Sam Raschella took out the Boys’ Junior Championship in October, with Jenny Lee winning both the Girls’ Junior Championship and Anne
Smerdon Junior Invitational. Matilda Wheare, who only joined the Club in May, captured the Ella Cole Trophy. Matlida comes from Ardrossan, and along with her brother Tom, joined the Club early in the year whilst they board at high school. Our Juniors were treated to a range of activities throughout 2011, including the highly anticipated Western Australia trip. A select group of juniors, made up primarily of pennant squad members, travelled to Perth in the April school holidays to play some of our reciprocal clubs and to compete against a junior team from The Vines Golf and Country Club. Juniors were hosted by families from The Vines for the week and thoroughly enjoyed the opportunity to play WA Golf Club, Mt Lawley Golf Club and Joondalup Country Club. The experience is one they will remember for a long time. In October, a group of 18 juniors attended the annual South Coast junior trip, this time hosted by Links Lady Bay. Once again, the trip was a great success, a great source of camaraderie, and more importantly, a great deal of fun for all participants. Earlier in the year, Glenelg finished third in the McMillan Shield competition, and in July the Junior Pennant team narrowly missed a spot in the final of the Sharp Cup. In February, five of our junior girls were lucky enough to spend some time with Club member and US LPGA professional golfer, Anna Rawson. Anna was happy to provide advice to the girls and relay her experiences as a female professional golfer. Our Junior Development Program would not be the great success it is without the assistance of volunteers,
parents and Club staff. Paul Duregon has continued his tireless efforts as the driving force behind the program, and received outstanding professional and administrative support from Club and Pro Shop staff. Parents volunteered their time in the early months of the year running the Saturday BBQ and for their efforts, raised upwards of $2,500. Vicki Hynes, Lisa Duregon, Jackie Hodgson and many other parents are to be thanked for their efforts.
Foundation We saw the return of the Glenelg Golf Club Foundation Golf Day in 2011, the single largest money raising activity for the Club each year. The event, played in August, attracted 124 players and a further 50 or so for lunch, bringing the total attendance for the day to more than 170 people. The field teed it up to compete in a day of great fun and games. Following golf, players and guests then sat down for a 3-course meal prepared by our Head Chef, Matt Chapman. The event raised almost $20,000 for the Club’s Junior Development Program and was a hugely successful and popular day. To ensure the success of the Club’s Junior Development Program, events such as the Foundation Day are essential so we can continue to provide financial support to our juniors and encourage them to further their golfing skill and experiences. During 2011, over $14,000 was spent on golf lessons, entry fees, travel expenses, and coaching clinics for our Junior members with a further $8,000 put towards the Western Australia and South Coast Junior Trips. In total,
Summary of Junior Foundation Activities for 2011 Donations:
$5,114.80
Junior Development Expenses: $13,081.00
Foundation Day:
$15,234.00
Assisted Travel Expenses:
$10,125.00
Other Income:
$6,429.00
CURRENT BALANCE:
$19,303.64
almost $25,000 was invested in the Junior Development Program in 2011. The Foundation Day, and additional fundraising activities through Saturday BBQs, the Quiz Night, raffles, auctions and member donations saw well over $35,000 raised for the Foundation’s Junior Development project in 2011.
Staff, Committee, Members & Supporters I have already commented on the Professional’s role earlier and the important changes that were made in this area, and some of the staffing changes in the Clubhouse Operations. Our Marketing & Communications Officer, Emma Bishop, resigned in July to prepare for the impending birth of twins. Emma was replaced by current member and Simpson Cup player, Anthony Olsen. Anthony came to us from Amadio Wines and his credentials were ideal for the expanded role of Membership & Marketing Manager. We have already seen great progress in these areas of the Club. The Administration team continued to provide friendly and loyal support to all areas of the Club. Kerry Crossman and Cathy Symons ensured things ran smoothly within the Office with Carly Clough delivering timely and accurate financial reports during a difficult year. In keeping with the Club’s HR policy to develop staff skills and experience, Carly and Anthony joined David Brand at the biennial Golf Management Australia National Conference in Melbourne. This was an opportunity to network with other golf club administrators and learn new skills to bring back to their roles at the Club. The Committee of Management continues to work diligently through many difficult issues to deliver results in the best interests of the Club. While decisions made by the Committee
will seldom receive the full support of all members, this Committee is committed to improving all aspects of the Club for the Club’s sake, not individual agendas. At the Annual General Meeting in March, Gerry O’Brien was re-elected and Paul Duregon was elected to the Committee of Management unopposed. Sadly, David Gillespie’s three year term completed and he was unable to renominate for a further term due to family and work commitments. We thank David for his terrific contribution to the Committee of Management, junior golf, and the Club in general. At the Women’s General Meeting in October, Jill Stone was appointed to the President’s role, replacing Joyce Thomas who completed her two-year term. Other female members elected to the Women’s sub-committee included Lynne Cotton, Janet Fleer, Glenys Bartlett and Ann Colmer. Anne Marks puts in countless hours as Women’s Captain and has our gratitude. Once again, our Club is made up of a multitude of volunteers and supporters who help to deliver an outstanding and friendly Club for members and guests. There are too many to name, but a few standouts deserve a special mention. Reg Sands has continued to deliver a friendly and capable service as Starter. This role, a tradition at Glenelg, has always been a difficult one to deliver, and Reg continues to do so with a smile. Mike Dobson took on the role of Course Marshal in March, and is thanked for his work in assisting with the management of play and support to Reg on Saturdays. Ros Osborn has been a great bonus for the Club. She came to us a few years ago offering to assist with the maintenance of the garden beds around the clubhouse and her voluntary work ensures our yellow roses remain a talking point for
members, guests and visitors alike when in bloom. To everyone else who provided voluntary assistance to the Club, either managing pennant teams, or acting as a referee, rules official, caddy, marshal or starter at our various events, we thank you for your generous efforts. A special thank you also to those members who volunteered their time to assist with member mail outs throughout the year. I would like to acknowledge and thank David Brand and his staff for their untiring efforts to continue to improve all aspects of the Club. David is passionate about the Club and its future, and his work ethic reflects his commitment. As my tenure as Captain concludes at the AGM in March, I would like to thank my fellow Committee of Management members for their support over the past two years. They are an exceptionally capable and committed group and the Club is very fortunate to have them directing the future of our Club. I would also like to thank the many members and staff of the Club who have provided support and camaraderie to me during my time as Captain. I have been immensely proud of being Captain of our great Club. I pass the baton to my very capable and committed friend, Tony Martin, who is equally passionate about the Club and its future. In closing I would like to remind all members that our Club is a notfor-profit organisation that relies considerably on the efforts and contributions of its members. I implore you to find ways to contribute to the future of the Glenelg Golf Club and paraphrase the famous JFK quote “ask not what your Club can do for you, ask what you can do for your Club”. Jim Johnson Captain 2010-2011
Annual Report
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29
GLENELG GOLF CLUB INCORPORATED AND CONTROLLED ENTITY STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 31 DECEMBER 2011 Note 2011 $
Consolidated 2010 $
Golf Club 2011 $
2010 $
1,869,775 252,142 319,947 39,210 14,250 2,495,324
1,841,259 249,963 313,009 (159) 2,545 12,982 (112) 2,419,487
NET INCOME Membership Subscriptions Entrance Fees Infrastructure Levy Land Tax Levies Bag & Buggy Storage Locker Fees Water Levy
1,869,775 252,142 319,947 39,210 14,250 2,495,324
Golf Operations Competition Fees Green Fees Cart Hire Range Income Affiliation Fees Trophies Professional Retainer Other Golf Operations Expenses Bar Sales Less Cost of Goods Sold Gross Profit Less Expenditure Salaries and Associated Costs Replacements and Repairs Other Expenses Depreciation Catering Sales Less Cost of Goods Sold Gross Profit Less Expenditure Salaries and Associated Costs Laundry Replacements and Repairs Cleaning Materials Stationery and Advertising Other Expenses Depreciation Other Income Catering Levy forfeited Contributed Asset Interest Received Phone Tower Miscellaneous
TOTAL NET INCOME
The accompanying notes form part of these accounts
2
1,841,259 249,963 313,009 (159) 2,545 12,982 (112) 2,419,487
63,948 341,573 58,821 40,025 (286) (51,955) (43,752) (134,932) 273,442
49,137 312,264 53,192 (609) (54,629) (45,000) (89,676) 224,679
63,948 341,573 58,821 40,025 (286) (51,955) (43,752) (134,932) 273,442
49,137 312,264 53,192 (609) (54,629) (45,000) (89,676) 224,679
821,490 (334,967) 486,523
828,319 (312,506) 515,813
821,490 (334,967) 486,523
828,319 (312,506) 515,813
(394,676) (5,437) (33,954) (4,741) 47,715
(358,656) (4,761) (29,694) (4,438) 118,264
(394,676) (5,437) (33,954) (4,741) 47,715
(358,656) (4,761) (29,694) (4,438) 118,264
1,114,275 (438,348) 675,927
995,831 (320,095) 675,736
1,114,275 (438,348) 675,927
995,831 (320,095) 675,736
(626,780) (22,503) (11,776) (5,288) (7,162) (29,871) (11,314) (38,767)
(455,262) (20,040) (8,112) (3,579) (9,424) (18,879) (11,335) 149,105
(626,780) (22,503) (11,776) (5,288) (7,162) (29,871) (11,314) (38,767)
(455,262) (20,040) (8,112) (3,579) (9,424) (18,879) (11,335) 149,105
57,046 342,213 4,506 42,057 20,792 466,614
47,134 234 40,054 66,835 154,257
57,046 342,213 4,506 42,057 20,792 466,614
47,134 234 40,054 66,835 154,257
3,244,328
3,065,792
3,244,328
3,065,792
GLENELG GOLF CLUB INCORPORATED AND CONTROLLED ENTITY STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 31 DECEMBER 2011 Note 2011 $
Consolidated 2010 $
Golf Club 2011 $
2010 $
EXPENDITURE Administration and Support Services Salaries and Associated Costs Audit Fees Advertising Depreciation Finance Costs Bank Charges & Merchant Fees Insurance Postage, Printing and Stationery Telephone Council Rates Land Tax Legal and Consulting Travel and Accommodation Computer Consumables and Maintenance Other Administration Expenses Course Salaries and Associated Costs Maintenance Redevelopment Refurbishment Irrigation Landscape Maintenance RIVAP Machinery ASR Expenses Other Expenses Depreciation House Laundry Repairs and Maintenance Contract Cleaning Light, Power and Water Other House Expenses Depreciation Other Expenses (Profit)/Loss on Sale of Fixed Asset Impairment of Financial Asset Pro-Shop Operations
TOTAL EXPENDITURE
4(a)
426,010 8,500 33,577 19,930 212,125 41,471 34,686 32,901 12,875 37,782 6,540 3,715 27,671 49,512 947,295
406,594 8,250 39,754 39,300 210,639 36,184 37,793 32,166 15,015 30,079 (127,788) 10,513 227 24,437 65,468 828,631
426,010 8,500 33,577 19,930 212,125 41,471 34,686 32,901 12,875 37,782 6,540 3,715 27,671 49,512 947,295
406,594 8,250 39,754 39,300 210,639 36,184 37,793 32,166 15,015 30,079 (127,788) 10,513 227 24,437 65,468 828,631
747,236 345,788 7,577 24,830 20,573 921 80,787 23,360 55,568 402,707 1,709,347
772,211 310,098 219 20,639 25,757 5,801 61,908 29,652 389,351 1,615,636
747,236 345,788 7,577 24,830 20,573 921 80,787 23,360 55,568 402,707 1,709,347
772,211 310,098 219 20,639 25,757 5,801 61,908 29,652 389,351 1,615,636
14,278 32,971 96,750 88,016 27,587 200,056 459,658
10,567 53,368 93,338 77,574 29,584 204,383 468,814
14,278 32,971 96,750 88,016 27,587 200,056 459,658
10,567 53,368 93,338 77,574 29,584 204,383 468,814
(1,344) 76,979 75,635
(11,249) 83,500 72,251
(1,344) 76,979 75,635
(11,249) 83,500 72,251
3,191,935
2,985,332
3,191,935
2,985,332
52,393
80,460
52,393
80,460
-
-
-
-
TOTAL COMPREHENSIVE INCOME FOR YEAR
52,393
80,460
52,393
80,460
TOTAL COMPREHENSIVE INCOME ATTRIBUTABLE TO EQUITY
52,393
80,460
52,393
80,460
NET SURPLUS / (DEFICIT) Other Comprehensive Income
The accompanying notes form part of these accounts
Annual Report
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31
GLENELG GOLF CLUB INCORPORATED AND CONTROLLED ENTITY STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2011 Note 2011 $
Consolidated 2010 $
Golf Club 2011 $
2010 $
CURRENT ASSETS 3 4
179,781 94,560 65,432 107,733 447,506
167,527 233,541 23,399 123,366 547,833
179,781 94,560 65,432 107,733 447,506
167,527 233,541 23,399 123,366 547,833
5 6
16,500 7,799,201 7,815,701
16,500 7,827,422 7,843,922
625,933 7,170,500 7,796,433
625,933 7,198,721 7,824,654
8,263,207
8,391,755
8,243,939
8,372,487
266,755 154,808 2,354,194 374,751
239,956 138,791 2,511,762 358,045
266,692 154,808 2,354,194 374,751
239,893 138,791 2,511,762 358,045
3,150,508
3,248,554
3,150,445
3,248,491
113,724 833,631
92,424 937,826
113,724 833,631
92,424 937,826
947,355
1,030,250
947,355
1,030,250
TOTAL LIABILITIES
4,097,863
4,278,804
4,097,800
4,278,741
NET ASSETS
4,165,344
4,112,951
4,146,139
4,093,746
Retained Earnings Outside Equity Interests in controlled entity
4,137,097 28,247
4,084,704 28,247
4,146,139 -
4,093,746 -
TOTAL EQUITY
4,165,344
4,112,951
4,146,139
4,093,746
Cash & Cash Equivalents Trade & Other Receivables Other Current Assets Inventories Total Current Assets NON-CURRENT ASSETS Financial Assets Property, Plant and Equipment Total Non-Current Assets TOTAL ASSETS CURRENT LIABILITIES Trade & Other Payables Short-Term Provisions Short-Term Borrowings Other Current Liabilities
7 8a 9a 11
Total Current Liabilities NON-CURRENT LIABILITIES Long-Term Provisions Long-Term Borrowings Total Non-Current Liabilities
8b 9b
EQUITY
The accompanying notes form part of these accounts
GLENELG GOLF CLUB INCORPORATED AND CONTROLLED ENTITY STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 31 DECEMBER 2011 Retained Earnings $
Reserves
Total
$
$
Consolidated Entity Balance at 1 January 2011 Profit attributable to members of controlling entity
4,084,704
Balance at 31 December 2011
4,137,097
28,247
4,165,344
Balance at 1 January 2011 Profit attributable to members of controlling entity
4,093,746
-
4,093,746
52,393
-
52,393
Balance at 31 December 2011
4,146,139
-
4,146,139
Balance at 1 January 2010 Profit attributable to members of controlling entity
4,004,244
28,247
4,032,491
Balance at 31 December 2010
4,084,704
28,247
4,112,951
Balance at 1 January 2010 Profit attributable to members of controlling entity
4,013,286
-
4,013,286
80,460
-
80,460
Balance at 31 December 2010
4,093,746
-
4,093,746
52,393
28,247
4,112,951
-
52,393
Controlling Entity
Year End 2010 Consolidated Entity
80,460
-
80,460
Year End 2010 Controlling Entity
The accompanying notes form part of these accounts
Annual Report
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33
GLENELG GOLF CLUB INCORPORATED AND CONTROLLED ENTITY STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2011 Note 2011 $
Consolidated 2010 $
Golf Club 2011 $
2010 $
1,935,765 2,634,305 504,367 (4,418,128) (212,125)
1,824,150 2,331,693 414,593 (4,216,748) (210,639)
CASH FLOWS FROM OPERATING ACTIVITIES 1,935,765 2,634,305 504,367 (4,418,128) (212,125)
Bar and Catering Sales Subscriptions and Entrance Fees Green Fees and Competition Fees Payments to Suppliers and Employees Interest Paid Donations, Fundraising and Other Sundry Receipts
1,824,150 2,331,693 414,593 (4,216,748) (210,639)
466,614
154,257
466,614
154,257
910,798
297,306
910,798
297,306
Payments for Property, Plant and Equipment Proceeds from Sale of Property, Plant and Equipment Conversion of cash deposit to equity in investment
(651,963) 15,182 -
(509,292) 30,909 -
(651,963) 15,182 -
(509,292) 30,909 -
NET CASH (OUTFLOW) FROM INVESTING ACTIVITIES
(636,781)
(478,383)
(636,781)
(478,383)
Repayment of Borrowing Additional Lease Established Loan Facility Debentures Repaid
(111,763) (150,000) -
(63,852) 340,582 (300,000) -
(111,763) (150,000) -
(63,852) 340,582 (300,000) -
NET CASH PROVIDED INFLOW (OUTFLOW) FROM FINANCING ACTIVITIES
(261,763)
(23,270)
(261,763)
(23,270)
12,254
(204,347)
12,254
(204,347)
167,527
371,874
167,527
371,874
179,781
167,527
179,781
167,527
NET CASH INFLOW FROM OPERATING ACTIVITIES
11
CASH FLOWS FROM INVESTING ACTIVITIES
CASH FLOWS FROM FINANCING ACTIVITIES
NET INCREASE / (DECREASE) IN CASH HELD Cash at Beginning of Year Cash at End of Year
The accompanying notes form part of these accounts
2
GLENELG GOLF CLUB INCORPORATED NOTES TO AND FORMING PART OF THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2011 NOTE 1 - STATEMENT OF SIGNIFICANT ACCOUNTING POLICIES The financial report is a general purpose financial report that has been prepared in accordance with Australian Accounting Standards, Australian Accounting Interpretations, other authoritative pronouncements of the Australian Accounting Standards Board and the requirements of the Associations Incorporations Act of South Australia. The financial report covers the consolidated entity of Glenelg Golf Club Inc as the individual controlling entity and the controlled entity, Glenelg Golf Links Limited. The financial report of Glenelg Golf Club Inc and the controlled entity and Glenelg Golf Club Inc as an individual controlling entity comply with all Australian equivalents to International Financial Reporting Standards (IFRS) in their entirety except where compliance is not mandatory for non-corporate entities. The following is a summary of the material accounting policies adopted by the consolidated entity in preparation of the financial report. The accounting policies have been consistently applied unless otherwise stated. The financial report has been prepared on an accrual basis and is based on historical costs and does not take into account changing money values or, except where stated, current valuations of non-current assets. Cost is based on the fair values of the consideration given in exchange for assets. Unless otherwise stated, the accounting policies adopted are consistent with those of the previous year. Certain new accounting standards and interpretations have been published that are not mandatory for 31 December 2011 reporting periods. The consolidated entity's assessment is that there will be no impact from these new standards and interpretations. a)
Principles of Consolidation The Club controls the share capital of Glenelg Golf Links Limited. The consolidated accounts incorporated the assets and liabilities of Glenelg Golf Links Limited as at 31 December 2011 and the results of the Company for the period then ended. The effects of all transactions between the Club and the Company are eliminated in full. Outside equity interests in the results and group equity are shown separately in the consolidated profit and loss account and balance sheet respectively. The cost of acquiring shares in Glenelg Golf Links Limited have been accounted for as an interest in the land owned by that company and reflected accordingly.
b)
Financial Instruments Financial instruments are initially measured at cost on trade date, which includes transaction costs, when the related contractual rights or obligations exist. Subsequent to initial recognition these instruments are measured as set out below: Available-for-sale financial assets Available-for-sale financial assets include any financial assets that are not considered to be "loans and receivables" or held for selling in the short term. Available-for-sale financial assets are reflected at fair value. Where fair value cannot be reliably estimated, the asset is stated at its initial cost. Unreliased gains and losses arising from changes in fair value are taken directly to equity. Financial Liabilities Non-derivative financial liabilities are recognised at amortised cost, comprising original debt less principal payments and amortisation.
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35
GLENELG GOLF CLUB INCORPORATED NOTES TO AND FORMING PART OF THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2011 NOTE 1 - STATEMENT OF SIGNIFICANT ACCOUNTING POLICIES c)
Property, Plant and Equipment Each class of property, plant and equipment is carried at cost less, where applicable, any accumulated depreciation and impairment losses. Property Freehold land is shown at cost. Building is shown at cost less any accumulated depreciation and impairment losses. Plant and Equipment The depreciable amount of all fixed assets including building, but excluding freehold land, is depreciated on a straight line basis over their useful lives to the consolidated entity commencing from the time the asset is held ready for use. The depreciation rates for each class of depreciable assets are based on the following estimated useful lives, expressed in years: Category Administration furniture and fittings Bar plant and equipment Catering plant and equipment Clubhouse Building Clubhouse Other Course buildings House plant and equipment Motor vehicles Office equipment Course plant and equipment Entrance Road
d)
Useful Lives 5-11 8-11 7-11 40-50 7-11 4-25 8-11 44-5 5 5-7.5 4-11 15
Impairment of Assets At each reporting date, the Committee reviews the carrying values of its assets to determine whether there is any indication that those assets have been impaired. If such an indication exists, the recoverable amount of the asset, being the higher of the asset's fair value less costs to sell and value in use, is compared to the asset's carrying value. Any excess of the asset's carrying value over its recoverable amount is expensed to the income statement. Where it is not possible to determine the recoverable amount of an individual asset, the Committee estimates the recoverable amount of the cash-generating unit to which the asset belongs.
GLENELG GOLF CLUB INCORPORATED NOTES TO AND FORMING PART OF THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2011 NOTE 1 - STATEMENT OF SIGNIFICANT ACCOUNTING POLICIES e)
Employee Benefits Provision is made for the association's liability for employee benefits arising from services rendered by employees to 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 their nominal amount. 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.
f)
Subscription Income Members subscriptions are included as income in the year the invoice is raised. Subscription year is from April of the current year to March of the following year. Any subscription fees invoiced for the quarter of January to March of the following year is recognised as income of the current year. This has been treated consistently from year to year.
g)
Income Tax The Club is exempt from Income Tax in accordance with Section 50-5 of the Income Tax Assessment Act, 1997.
h)
Inventories Inventories are measured at the lower of cost and net realisable value.
i)
Course Redevelopment Expenditure Expenditure incurred on redevelopment of the course is charged to operating profit as incurred.
j)
Construction - Work In Progress Construction work in progress is stated at the aggregate of contract costs incurred to date.
k)
Cash and cash equivalents Cash and cash equivalents include cash on hand, deposits held at call with banks, other short-term highly liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within short-term borrowings in current liabilities on the balance sheet.
l)
Comparative Figures When required by Accounting Standards, comparative figures have been adjusted to conform to changes in presentation for the current financial year.
NOTE 2 - CONTRIBUTED ASSET In February 2011, ownership and control of the ASR project was handed over to Glenelg Golf Club Inc. Prior to this all management and maintenance was performed through the NRM board, to which the club contributed approximately one third of all associated costs. In order to bring this asset to account a "Contributed Asset" income has been recognised, and this amount has been brought to Asset register in addition to amounts previously incurred. This asset has been treated according to our asset policy where earthworks and landscaping costs are not capitalised. Therefore while the project was significantly greater in value than the recognised "Contributed Asset" the amount shown is the balance of what is deemed to be capital works.
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37
GLENELG GOLF CLUB INCORPORATED NOTES TO AND FORMING PART OF THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2011 Note
Consolidated 2011 2010 $ $
Golf Club 2011 $
2010 $
NOTE 3 - CASH & CASH EQUIVALENTS Cash at Bank Cash on Hand
169,441 10,340 179,781
156,302 11,225 167,527
169,441 10,340 179,781
156,302 11,225 167,527
The effective interest rate on short-term bank deposits was 8.66% (2010: 9.11%); these deposits have an average maturity of 20 days. Reconciliation of Cash
Cash at the end of the financial year as shown in the statement of cash flows is reconciled to items in the balance sheet as follows: 179,781
167,527
179,781
167,527
24,920 12,139 57,501 94,560
8,757 161,947 62,837 233,541
24,920 12,139 57,501 94,560
8,757 161,947 62,837 233,541
Shares - Glenelg Golf Links Ltd Units - Premium Income Fund Provision for Impairment - Premium Income Fund Loan - Glenelg Golf Links Ltd
16,500 -
100,000 (83,500) -
608,328 16,500 1,105
608,328 100,000 (83,500) 1,105
Total Financial Assets
16,500
16,500
625,933
625,933
Cash & Cash Equivalents NOTE 4 - TRADE & OTHER RECEIVABLES Subscription Debtors Sundry Debtors GST Input Tax Credits
NOTE 5 - FINANCIAL ASSETS Available for sale financial assets comprise of:
(a)
The Club has an investment in the Premium Income Fund, which is a managed investment scheme managed by Wellington Capital. The investment amount has not been impaired any further ($150,000 in 2009, $83,500 in 2010), this fund is now listed and therefore the carrying value is reflective of current share price (current share price $0.07) The Fund paid a total of cash disbursements of $5,000 in 2011 of 1 cent per unit paid twice ($2,500 in 2010), which has been included in miscellaneous income as part of the Statement of Comprehensive Income.
GLENELG GOLF CLUB INCORPORATED NOTES TO AND FORMING PART OF THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2011 Note
Consolidated 2011 2010 $ $
Golf Club 2011 $
2010 $
NOTE 6 - PROPERTY, PLANT AND EQUIPMENT Freehold land
628,704
628,704
-
-
6,010,017 (1,064,442) 4,945,575
6,017,221 (904,945) 5,112,276
6,010,017 (1,064,442) 4,945,575
6,017,221 (904,945) 5,112,276
Clubhouse Plant and Equipment Less Accumulated Depreciation
275,010 (215,412) 59,598
254,423 (215,087) 39,336
275,010 (215,412) 59,598
254,423 (215,087) 39,336
Course Buildings Less Accumulated Depreciation
221,829 (136,144) 85,685
202,141 (114,021) 88,120
221,829 (136,144) 85,685
202,141 (114,021) 88,120
Administration Plant and Equipment Less Accumulated Depreciation
234,410 (208,117) 26,293
232,356 (206,684) 25,672
234,410 (208,117) 26,293
232,356 (206,684) 25,672
Bar Plant and Equipment Less Accumulated Depreciation
133,883 (117,291) 16,592
162,729 (153,150) 9,579
133,883 (117,291) 16,592
162,729 (153,150) 9,579
Catering Plant and Equipment Less Accumulated Depreciation
236,802 (201,857) 34,945
223,129 (192,114) 31,015
236,802 (201,857) 34,945
223,129 (192,114) 31,015
Motor Vehicles Less Accumulated Depreciation
131,573 (109,910) 21,663
131,573 (90,116) 41,457
131,573 (109,910) 21,663
131,573 (90,116) 41,457
Course Plant and Equipment Less Accumulated Depreciation
4,154,024 (2,296,160) 1,857,864
3,745,415 (1,996,370) 1,749,045
4,140,811 (2,282,944) 1,857,867
3,732,202 (1,983,154) 1,749,048
Entrance Road Less Accumulated Depreciation
273,697 (181,401) 92,296
265,676 (163,886) 101,790
273,697 (181,401) 92,296
265,676 (163,886) 101,790
Capital Improvements Less Accumulated Depreciation
1,163 (791) 372
1,163 (735) 428
1,163 (791) 372
1,163 (735) 428
Range Assets Less Accumulated Depreciation
34,835 (5,221) 29,614
-
34,835 (5,221) 29,614
-
Clubhouse Less Accumulated Depreciation
TOTAL PROPERTY, PLANT AND EQUIPMENT
7,799,201
7,827,422
7,170,500
7,198,721
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39
GLENELG GOLF CLUB INCORPORATED NOTES TO AND FORMING PART OF THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2011 NOTE 6 - PROPERTY, PLANT AND EQUIPMENT (CONT.) b)
Movement in Carrying amount Movement in the carrying amounts for each class of property, plant and equipment between the beginning and the end of the current financial year. Golf Club Carrying amounts at 1 January 2011
Clubhouse Clubhouse Plant & Equipment Course Buildings Administration Plant & Equipment Bar & Plant Equipment Catering Plant & Equipment Motor Vehicles Course Plant & Equipment Entrance Road Range Assets Capital Improvements
5,112,276 39,336 88,120 25,672 9,579 31,015 41,457 1,749,048 101,790 428 7,198,721
Additions
6,221 48,687 19,688 20,766 11,754 15,245 471,890 8,021 49,690 651,962
Disposals
(13,424) (28,100) (18,712) (40,600) (1,573) (63,281) (14,855) (180,545)
Work in Progress
-
Depreciation
(172,657) (27,345) (22,123) (19,930) (4,741) (11,315) (19,794) (363,070) (17,515) (7,800) (56) (666,346)
Write Back of Accumulated Depreciation
Carrying amount at 31 December 2011
13,159 27,020 18,497 40,600 1,573 63,280 2,579 166,708
4,945,575 59,598 85,685 26,293 16,592 34,945 21,663 1,857,867 92,296 29,614 372 7,170,500
Write Back of Accumulated Depreciation
Carrying amount at 31 December 2011
13,159 27,020 18,497 40,600 1,573 63,280 2,579 166,708
628,704 4,945,574 59,599 85,685 26,293 16,592 34,946 21,663 1,857,867 92,296 29,614 373 7,799,206
Consolidated Entity Carrying amounts at 1 January 2011
Freehold Land Clubhouse Clubhouse Plant & Equipment Course Buildings Administration Plant & Equipment Bar & Plant Equipment Catering Plant & Equipment Motor Vehicles Course Plant & Equipment Entrance Road Range Assets Capital Improvements
c)
628,704 5,112,276 39,336 88,120 25,672 9,579 31,015 41,457 1,749,048 101,790 428 7,827,425
Additions
6,221 48,688 19,688 20,766 11,754 15,246 471,890 8,021 49,690 651,964
Disposals
(13,425) (28,100) (18,712) (40,600) (1,573) (63,281) (14,855) (180,546)
Impairment Losses Total impairment loss recognised in the income statement during the year is nil.
Work in Progress
-
Depreciation
(172,657) (27,345) (22,123) (19,930) (4,741) (11,315) (19,794) (363,070) (17,515) (7,800) (55) (666,345)
GLENELG GOLF CLUB INCORPORATED NOTES TO AND FORMING PART OF THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2011 Consolidated 2011 2010 $ $
Golf Club 2011 $
2010 $
NOTE 7 - TRADE & OTHER PAYABLES Trade Creditors Other Creditors
172,588 94,167 266,755
159,107 80,849 239,956
172,588 94,104 266,692
159,107 80,786 239,893
138,791 98,508 (82,491) 154,808
145,995 85,369 (92,573) 138,791
138,791 98,508 (82,491) 154,808
145,995 85,369 (92,573) 138,791
92,424 40,892 (19,592) 113,724
116,690 21,390 (45,656) 92,424
92,424 40,892 (19,592) 113,724
116,690 21,390 (45,656) 92,424
NOTE 8 - PROVISIONS (a)
SHORT-TERM PROVISIONS
Annual Leave Opening Balance Additional Provisions Raised Amounts Used
(b)
LONG-TERM PROVISIONS
Long Service Leave Opening Balance Additional Provisions Raised Amounts Used
NOTE 9 - BORROWINGS (a)
SHORT-TERM BORROWINGS
Bank Loan Hire Purchase
(b)
2,250,000 104,194 2,354,194
2,400,000 111,762 2,511,762
2,250,000 104,194 2,354,194
2,400,000 111,762 2,511,762
750,000 82,631 1,000 833,631
750,000 186,826 1,000 937,826
750,000 82,631 1,000 833,631
750,000 186,826 1,000 937,826
LONG-TERM BORROWINGS
Bank loan Hire Purchase Debentures
The Club has a loan facility of $3,450,000 which are secured by registered mortgages over land owned by Glenelg Golf Links Limited. At 31 December 2011, $3,000,000 of the Club's facility was utilised. $1,200,000 of the loan facilities is offset for interest purposes by the balance held in the Club's transaction account. Which means the interest on the $1,200,000 is only payable once the balance on hand falls below $1,200,000. While it is noted that some of the Club's debt has become payable within the next 12 months, it is intended that a portion of this debt facility will be rolled into new facilities which will be payable at future dates.
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GLENELG GOLF CLUB INCORPORATED NOTES TO AND FORMING PART OF THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2011 Consolidated 2011 2010 $ $
Golf Club 2011 $
2010 $
NOTE 10 - CAPITAL & LEASING COMMITMENTS Hire Purchase Lease Commitments Payable - minimum lease payments not later than 12 months between 12 months & 5 years greater than 5 years Minimum Lease Payments
118,777 96,275 215,052
Less future finance charges
(44,022)
(44,022)
(44,022)
(44,022)
Present Value of minimum lease payments
171,030
298,588
171,030
298,588
37,270 17,790 123,701 23,669 37,658 27,032 88,136 19,495 374,751
29,050 11,945 128,834 22,715 32,487 31,400 82,587 19,027 358,045
37,270 17,790 123,701 23,669 37,658 27,032 88,136 19,495 374,751
29,050 11,945 128,834 22,715 32,487 31,400 82,587 19,027 358,045
52,393
80,460
52,393
80,460
666,346 37,317 (1,344)
648,807 83,500 (31,470) (11,249)
666,346 37,317 (1,344)
648,807 83,500 (31,470) (11,249)
138,981 -
(87,794) 3
138,981 -
(87,794) 3
43,505 (42,033) 15,633
(376,806) 435 (8,580)
43,505 (42,033) 15,633
(376,806) 435 (8,580)
910,798
297,306
910,798
297,306
127,558 215,052 342,610
118,777 96,275 215,052
127,558 215,052 342,610
NOTE 11 - OTHER CURRENT LIABILITIES Catering Deposits Green Fee Deposits Catering levy unabsorbed Wallet account Trophy account PAYG Tax Sundry GST Payable Foundation
NOTE 12 - RECONCILIATION OF CASH FLOW FROM OPERATIONS WITH PROFIT FROM OPERATING ACTIVITIES PROFIT FROM ORDINARY ACTIVITIES Non cash flows in profit from ordinary activities Depreciation Impairment of Financial Asset Provision for Employee Benefits (Profit)/Loss on Sale of Non Current Assets Changes in Assets and Liabilities (Increase)/Decrease in Debtors Movement in Loans to Glenelg Golf Links Increase/(Decrease) in Trade Creditors and Accrued Expenses (Increase)/Decrease in Prepayments (Increase)/Decrease in Stock NET CASH INFLOW FROM OPERATING ACTIVITIES
GLENELG GOLF CLUB INCORPORATED NOTES TO AND FORMING PART OF THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2011 NOTE 13 - FINANCIAL INSTRUMENTS (a)
Interest Rate Risk The club's exposure to interest rate risk, which is the risk that a financial instrument's value will fluctuate as a result of changes in market interest rates and the effective weighted average on those financial assets and liabilities, is as follows: Weighted Average Effective Interest Rate 2011 2010 % % Financial Assets Cash at Bank Cash on Deposit
Financial Liabilities Borrowings
9.11
7.7
9.11
7.7
Fixed Interest Rate Maturing
Floating Interest Rate
Within 1 Year 2011 2010 $ $
2011 $
2010 $
169,441 169,441
156,302 156,302 -
-
-
1 to 5 Years 2011 2010 $ $
-
-
-
-
-
-
2,354,194 2,354,194
2,511,762 2,511,762
833,631 833,631
937,826 937,826
While it is noted that some of the Club's debt has become payable within the next 12 months, it is intended that a portion of this debt facility will be rolled into new facilities which will be payable at future dates. (b)
Credit Risk The maximum exposure to credit risk, excluding the value of any collateral or other security, at balance date to recognised financial assets is the carrying amount, net of any provisions for doubtful debts, as disclosed in the Balance Sheet and notes to the financial statements.
(c)
Net Fair Values The aggregate net fair values and carrying amounts of financial assets and financial liabilities are not materially different from those disclosed in the Balance Sheet and in the notes to and forming part of the accounts.
(d)
The Club has performed a sensitivity analysis relating to its exposure to interest rate risk at balance date. The sensitivity analysis demonstrates the effect on the current year results and equity which could result from a change in these risks. At 31 December 2011, the effect on profit and equity as a result of changes in the interest rate, with all other variables remaining constant would be as follows: Consolidated Golf Club 2011 2010 2011 2010 $ $ $ $ Change in Profit Increase in the interest rate by 2% $ (63,756) $ (65,865) $ (63,756) $ (65,865) Decrease in the interest rate by 2% $ 63,756 $ 65,865 $ 63,756 $ 65,865 Change in Equity Increase in the interest rate by 2% Decrease in the interest rate by 2%
$ $
(63,756) $ 63,756 $
(65,865) $ 65,865 $
(63,756) $ 63,756 $
(65,865) 65,865
NOTE 14 - AUDITOR'S REMUNERATION Remuneration of the auditor of the parent entity for: Auditing & Reviewing the financial report
8,500 8,500
8,000 8,000
8,500 8,500
Annual Report
8,000 8,000
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GLENELG GOLF CLUB INCORPORATED NOTES TO AND FORMING PART OF THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2011 NOTE 15 - RELATED PARTIES (a)
The Club paid rent of $0 to Glenelg Golf Links Limited in which it has a majority shareholding, for use of the Golf Course (2010 - $3).
(b)
The names of the persons who were officers of the Glenelg Golf Club Incorporated at any time during the year ended 31 December 2011 are as follows: Neil J. Johnson Anthony J. Martin Sam Koukourou Gavan M. Fox Brett D. Jarrad David P. Gillespie Gerard P. O'Brien Kay Nyland Paul Duregon
(Captain) (Vice Captain)
Term completed March 2011
Elected March 2011
During the year the following related party transactions occurred; 1
Paul Duregon's company received payments under normal commercial conditions for maintenance works performed by PASA Building sub-contractors.
2
Brett Jarrad's company received payments under normal commercial conditions for earthworks performed by BJ Jarrad Pty Ltd
NOTE 16 - CONTINGENT LIABILITIES The Club's objection to the land tax assessment for 2010/11 was upheld and therefore no expense or accrual has been recognised in relation to 2011/12 land tax. The Club understands that Revenue SA intends to review the eligibility for an exemption from land tax at the end of each financial year. NOTE 17 - AFTER BALANCE DATE EVENTS No matters or circumstances have arisen since the end of the financial year which significantly affected or may significantly affect the operations of the entity, the results of those operations, or the state of affairs of the entity in future financial years. NOTE 18 - ASSOCIATION DETAILS The principal place of business of the association is James Melrose Road, Novar Gardens.
GLENELG GOLF CLUB INCORPORATED NOTES TO AND FORMING PART OF THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2011 NOTE 19 - CAPITAL EXPENDITURE COMMITMENTS $ Capital expenditure commitments contracted for: Plant & Equipment Purchases Capital expenditure projects
-
Payable: not later than 12 months between 12 months and five years greater than 5 years
-
The committee members control the capital of the club in order to maintain a good debt-to-equity ratio and to ensure that the club can fund its operations to continue as a going concern. The club's debt and capital includes financial liablities, supported by financial assets. There are no externally imposed capital requirements. The committee members effectively manage the club's capital by assessing the club's financial risks and adjusting its capital structure in response to changes in these risks and in the market. The responses include the management of debt levels. There have been no changes in the strategy adopted by management to control the capital of the club since the prior year. This strategy is to ensure that there is sufficient cash to meet trade and sundry payables and borrowings. 2011
2010
NOTE 20 - CONTROLLED ENTITIES Country of Incorporation Parent Entity Glenelg Golf Club Inc Subsidiary Glenelg Golf Links Ltd
Percentage owned (%)*
Australia Australia
62
62
*percentage of voting power in proportion to ownership
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GLENELG GOLF CLUB INCORPORATED STATEMENT BY COMMITTEE
In the opinion of the Committee of Glenelg Golf Club Incorporated: (a)
The attached consolidated statements of Glenelg Golf Club Incorporated, comprising the balance sheet, income statement, statement of changes in equity, statement of cash flows and notes to the financial statements for the year ended 31 December 2011 are, in our opinion, properly drawn up so as to give a true and fair view of the state of affairs of the Club and the consolidated entity as at 31 December 2011, and of their results for the year then ended.
(b)
At the date of this statement there are reasonable grounds to believe that the Club will be able to pay its debts as and when they fall due.
The accounts have been made out in accordance with applicable Accounting Standards. In accordance with section 35(5) of the Associations Incorporations Act, 1985, the Committee of Glenelg Golf Club Incorporated hereby states that during the financial year ended 31 December 2011: 1.
Paul Duregon's company received payments under normal commercial conditions for maintenance works performed by PASA Building sub-contractors.
2.
Brett Jarrad's company received payments under normal commercial conditions for earthworks performed by BJ Jarrad Pty Ltd
This report is made in accordance with a resolution of the committee and signed by two Members of the Committee.
Dated this 31st day of January, 2012.
JIM JOHNSON Captain
TONY MARTIN Vice Captain
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James Melrose Road NOVAR GARDENS SA 5040 Phone: (08) 8295 3793 Fax: (08) 8294 8894 www.glenelggolf.com reception@glenelggolf.com