2022/23 CAPTAIN’S REPORT

Club for the future and not just the here and now.

Dear Members

It is my privilege to present the Captain's Report for 20222023. This year has been an exciting and successful one for our Club, marked by remarkable achievements, continued growth, and a commitment to excellence in all aspects of our operations.

Financially the Club continues to thrive. Although an accounting operating loss of $8,489 is reported, approximately $490k has been expensed relating to the course enhancement work on improving the 13th, 14th, 2nd and 12th holes. In addition, due to revised accounting standards requiring amortisation of entrance fees over a 10 year period, a $164k entrance fee transfer to the balance sheet does not fully show the actual income received from new Members. This is an extremely solid result for the Club as we continue to reap the rewards of significant interest in golf. The Committee of Management is very mindful, however, that these trends ebb and flow and are constantly thinking of how best to position the

As part of our strategic planning, we are developing a facilities infrastructure master plan which will require significant investment over the coming years. The plan will include a maintenance facility that is fit for purpose, driving range upgrade, maximising club facility usage and perimeter fencing to name a few. As you can imagine, none of these items come cheaply and we will keep Members informed over the comin years as each project is prioritised and costed.

I am delighted to report that our Club continues to have significant interest in membership, with 163 people currently on the waiting list. This represents an approximate 4-5 year wait to join our Club. This growth is testament to the reputation and appeal of our Club, as well as the dedicated efforts of our Members, Committee and staff in promoting our Club within the community.

Maintaining our course at the highest standards is a top priority. Our dedicated greenkeeping team have continued to excel in their work, ensuring our greens, fairways and overall course conditions remain exceptional. The course continues to be presented immaculately at a time when sections of the team are assisting Project Manager, Ryan Van Der Veen, with the course enhancement work. The course enhancement is on track financially as per the original budget, given some prudent decisions early in the project.

Whilst golf demand remains strong all over Australia, this does present other challenges. Since 2020, rounds at our course have increased by approximately 15,000. This leads to extra wear and tear especially in high traffic areas. The Committee of Management has this matter high on its agenda and is investigating ways to ensure the course continues to be presented in its best possible condition whilst balancing Member expectations. One recent initiative includes approval to geofence our golf carts.

We continued to host a range of tournaments and competitions for players of all levels, attracting numbers higher than we have seen before. Our team of professional staff and volunteers worked tirelessly to ensure the success of these events, providing a memorable experience for participants and spectators alike. The highlight of the golfing year is the Club Championships which also saw a scheduling change from November to March. This change allowed qualifying and finals to be played on the course in absolute premium conditions, worthy of such an important Club event. Congratulations to all winners who are listed further in this report.

Our commitment to junior golf development remains unwavering. Throughout the year, we focused on providing comprehensive coaching programs, training clinics, educational trips and opportunities for young golfers to compete at various levels. The highlight of the year being the inspirational trip to

Victoria for the Australian Open, witnessing Cam Smith and other professionals apply their craft, a special experience for a group of our high performing juniors. We are proud to see our juniors excelling in both local and national tournaments, and their dedication and passion for the sport are truly inspiring. The future of golf at Glenelg Golf Club is bright indeed.

I wish to thank all of our generous supporters who contribute to the Junior Foundation on an annual basis culminating in our Junior Foundation golf day which raised a significant $40,000 this year. Your generosity makes our junior program possible.

Our Club is committed to being a responsible and active member of the community . We participated in various charitable initiatives, raising funds for local organisations and engaging with local schools and communities. We continued sustainable practices within our operations, such as water conservation, waste management strategies with recycling and composting, the use of eco-friendly products, and an ever-growing garden featuring many ingredients found in our daily menu items. We believe that it is our duty to protect the environment, and ensure our course is sustainable for future generations.

I would like to thank our management team who on a daily basis work diligently toward ensuring the best experience possible for our Members and guests. In particular, congratulations to Robert Vincekovic, our General Manager for becoming a Certified Club Manager, one of the first to hold this qualification in Australia.

Thank you to all of our wonderful volunteers. The time and energy you donate to the Club, in so many ways, is greatly appreciated. Thank you to you, our Members, your support of our functions, facilities and events not only contributes financially but also supports the wonderful culture we have.

I also extend my sincere gratitude to the entire Committee of Management who willingly give a significant amount of time ensuring decisions we make have Members best interests at heart, including the long-term viability of the Club.

The Club exists to provide excellent facilities for playing golf. We exist for no other primary reason and whilst the Committee of Management remain dedicated to making decisions that support the delivery of an exceptional golfing experience for our Members and guests, we cannot achieve our goals without the support of our Members. With your continued support and enthusiasm I am confident that together, Glenelg Golf Club will thrive and maintain its position as a premier golfing destination.

Imelda Lynch Captain