Name of approved venue: PALACE HOTEL
Address of approved venue: 893 BURKE ROAD CAMBERWELL 3124
Venue operator: THE PALACE HOTEL (HAWTHORN) PTY LTD
Licence number: V9510068
Venue Type: Hotel
Financial year ended 30 June 2006

  Category Amount of gaming revenue applied in applicable year
1.   Employment expenses of all staff met from gaming revenue.
$314,155
2.   Gifts of funds from gaming revenue, as detailed in the schedule for Category 2.
$0
3.   Sponsorships from gaming revenue, as detailed in the schedule for Category 3.
$0
4.   Gifts of goods to the community, paid for from gaming revenue, as detailed in the schedule for Category 4.
$0
5.   Voluntary services provided to the community, as detailed in the schedule for Category 5.
$0
6.   Expenses claims paid or reimbursed to volunteers, as detailed in the schedule for Category 6.
$0
7.   Activities subsidised using gaming revenue, where the venue provides a commercial service to members of the community at less than commercial rates for Category 7.
$0
8.   Fixed assets provided for community purposes from gaming revenue, other than fixed assets used for gaming purposes, as detailed in the schedule for Category 8.
$494,112
9.   Direct and indirect costs associated with the provision of community services, as detailed in the schedule for Category 9.

$64,997
   TOTAL $873,264
 
I, ROSS BLAIR-HOLT, certify that:
1. The claims are consistent with the Ministerial Order made on 28 June 2012.
2. The following information is accurate for the financial year:
  a) The percentage (if any) of the venue’s gaming revenue applied to community purposes or activities under Classes A, B and C.
b) The value of any non-financial contribution to community purposes (e.g. voluntary work) by, or on behalf of the venue operator, expressed as a percentage of the venue’s revenue.
c) Any amount payable by a gaming operator under a declaration made by the VGCCC under section 3.6.8(4A) of the Gambling Regulation Act 2003 (the Act), expressed as a percentage of the venue's gaming revenue.
  The amount is
 
less than  
equal to  
greater than  X 
  8 1/3 per cent of the venue’s gaming revenue for that financial year, as the required by section 3.6.2 of the Act.
3. The CBS in relation to THE PALACE HOTEL (HAWTHORN) PTY LTD, has been audited by the suitably qualified person of DAVID ASHMORE of WILLIAM BUCK on .
I confirm that an independent auditor’s statement dated 27/09/2006 has been received which states that, in the auditor’s opinion, this CBS presents fairly, in accordance with applicable Accounting Standards in Australia, and, is consistent with the auditor’s understanding of sections 3.6.9(2)(a) and (b) and section 3.6.9(3) of the Act, the THE PALACE HOTEL (HAWTHORN) PTY LTD,’s compliance with the Act for the financial year ended 30 June 2006.

Declaration to be completed by the venue operator
  I, ROSS BLAIR-HOLT, declare that:
1. The information contained in this CBS form is true and correct to the best of my knowledge.
2. I have retained all relevant documentation used in the preparation and auditing of this CBS.
3. I acknowledge that it is an offence to provide false or misleading information.

I understand that by typing my name below, I am deemed to have signed this CBS form.
ROSS BLAIR-HOLT, CHIEF EXECUTIVE OFFICER


Notes:


General
This form is to be completed on the basis of the Minister’s Determination dated 24 June 2003 of the activities and purposes that constitute community purposes made pursuant to section 136AB of the Gaming Machine Control Act 1991 and its successor, section 3.6.9 of the Gambling Regulation Act 2003.

Note that in completing this statement, only expenditure from gaming revenue meets the requirements of sections 3.6.8(2) and 3.6.9 of the Gambling Regulation Act 2003. Activities funded by revenue from other sources do not constitute community benefits for the purposes of sections 3.6.8(2) and 3.6.9 the Gambling Regulation Act 2003. Venue operators can adopt any practical or sensible method of apportionment of expenditure against gaming revenue, as long as the method that they choose enables them to meet the “true and fair” requirement in the Act. It is therefore intended that pro rata apportionment of expenditure against revenue will be accepted as a method of apportionment.

In the event of any uncertainty about whether a particular activity meets or does not meet the requirements of a community benefit for the purposes of the Community Benefit Statement, the test to be applied is whether the dominant purpose of the activity in question meets the community purposes definition contained in the Minister’s Determination.

The information in this form is to be provided for the latest financial year ending 30 June.

Venue operators or their accounting advisers should direct any questions in relation to completing this form to the Office of Gambling Regulation.


Note 1. Employment expenses include all on-costs except for payroll tax and fringe benefits tax. Training costs for staff, including gaming room staff, are also treated as employment expenses.

Where a venue operator has entered into a management contract that requires the contracted manager to employ and direct staff, the employment expenses of these staff can be included on the same basis as staff employed directly by the venue operator.

Note 2. Venue operators can only claim direct donations from gaming revenue as community benefits. Donations of vouchers are treated as donations of funds. Where venue operators conduct fundraising activities on behalf of charities or other community groups, they can only claim the labour component as a community activity.

Venue operators should categorise donations into the various classes of community purposes set out in the Minister’s Determination dated 24 June 2003, that is, the promotion of art, culture, science, religion, education, charity, sporting or recreational purposes. The recipients do not need to be identified and in particular, individual recipients are not to be identified for privacy reasons.

Note 3. Venue operators may claim sponsorships paid from gaming revenue as community benefits.

Venue operators should categorise sponsorships into the various classes of community purposes set out in the Minister’s Determination dated 24 June 2003, that is, the promotion of art, culture, science, religion, education, charity, sporting or recreational purposes. The recipients do not need to be identified and in particular, individual recipients are not to be identified for privacy reasons.

Note 4. The amount claimable as a community benefit for the gift of new goods is the amount paid from gaming revenue by the venue operator, including GST. The amount claimable for gifts of used or second-hand goods is the market value of the goods.

Venue operators should categorise gifts of goods into the various classes of community purposes set out in the Minister’s Determination dated 24 June 2003, that is, the promotion of art, culture, science, religion, education, charity, sporting or recreational purposes. The recipients do not need to be identified and in particular, individual recipients are not to be identified for privacy reasons.

Note 5. This item covers voluntary services and the cost attributable to these services. The amount of the benefit to be credited for the voluntary activities is $20.00 per hour.

Venue operators should categorise voluntary services into the various classes of community purposes set out in the Minister’s Determination dated 24 June 2003, that is, the promotion of art, culture, science, religion, education, charity, sporting or recreational purposes. The recipients do not need to be identified and in particular, individual recipients are not to be identified for privacy reasons.

Note 6. The amount of the benefit is all costs incurred by volunteers in carrying out activities that the venue operator is entitled to claim as community benefits.

Venue operators should categorise costs incurred by volunteers into the various classes of community purposes set out in the Minister’s Determination dated 24 June 2003, that is, the promotion of art, culture, science, religion, education, charity, sporting or recreational purposes. The recipients do not need to be identified and in particular, individual recipients are not to be identified for privacy reasons.

Note 7: The amount of the benefit is the difference between the commercial selling price and the selling price that the venue operator offers to the public.

Note 8. Expenditure on fixed assets in the last financial year, other than assets used for gaming purposes, can be included as a community benefit. The amount to be included in relation to fixed assets is:

    • Where the asset is purchased by the venue operator using reserves, the cost of the fixed assets, including GST.
    • Where the asset is purchased by the venue operator using borrowings, the costs of repaying that loan.
    • Where the asset is leased by the venue operator, rental costs for that asset.
In all cases, the fixed asset must be provided for community purposes and the costs met from gaming revenue. Where venue operators have entered into rental agreements or borrowings for non-gaming fixed assets prior to 1 July 2003, payments made after 1 July 2003 under these agreements can be included as community benefits.

The breakdown between gaming and non-gaming areas is as follows: Venues can claim as community benefits the proportion of the non-gaming building floor area as a percentage of the total building area. For example, if 90% of a new building costing $1 million is used for non-gaming purposes, and the building is funded from gaming revenue, then the calculated community benefit is $900,000.

Note 9. This includes direct and indirect costs incurred by venue operators in providing community benefits. Examples include the venue operator’s support of its own activities that meet the definition of community activity or benefit as set out in the Minister’s Determination dated 24 June 2003, such as payments made to subsidise a club’s sporting activities. It also includes costs such as heating and lighting, except where these are associated with gaming purposes. The breakdown between gaming and non-gaming areas is the same as that described in Note 8 above.

Where there is any uncertainty over whether direct or indirect costs are providing community benefits, the test to be applied by venue operators is whether the dominant purpose of the expenditure is providing a community benefit as set out in the Minister’s Determination. The additional costs incurred by venue operators in providing Community Benefit Statements can also be included as community benefits.

Note 10. Section 3.6.9(2)(c) of the Gambling Regulation Act 2003 requires that Community Benefit Statements be audited. This requirement is met by the Community Benefit Statement being audited by one of the following:
 (a)a registered company auditor; or
 (b)a firm of registered company auditors; or
 (c)a person who is a member of the Australian Society of Certified Practising Accountants or the Institute of Chartered Accountants in Australia; or
 (d)if the venue is an incorporated association, any other person who is approved by the Registrar as an auditor of the accounts of the incorporated association for the purposes of section 30B of the Associations Incorporation Act 1981

Attention is drawn to all applicable auditing standards, in particular Australian Auditing Standard AUS802: "The Audit Report on Financial Information Other than a General Purpose Financial Report", and Statement of Auditing Practice AUP 32 "Audit Independence".

Please note that this form requires the venue operator to state that the Community Benefit Statement has been audited with respect to sections 3.6.9(2)(a) and (b) of the Gambling Regulation Act 2003 (that is, whether or not the community benefit contribution is less than, equal to, or greater than 8 1/3% of the venue operator’s gaming revenue for the year.

Contribution Details

 
Category 8
Fixed assets provided for community purposes
Amount
  Architects Fees renovations$780
  3 x Dry Bars 1200x600x1100H$2,340
  Salad Spinner & Mouli$405
  24 upholstered panels (fixed)$4,654
  New Plasma & LCD TV's installation$520
  New Security detectors in sports bar$492
  Architects Fees renovations$298
  TAG 4263 renovations$21,996
  Syswan Go Live$245
  TAG 3831 renovations$10,008
  Architects Fees renovations$1,080
  TAG 3905 - beer dispensing equipment$6,041
  Connect Fox Sports to MATV system$485
  Architects Fees renovations$630
  Dry Bar x 2 2000x600mmx1100H$1,840
  TAG 4225 renovations$6,874
  24 x sleydon high stoll$5,880
  2 x Imperial Wide Fryers Model IRF-40-SS s/n 7060805 & 7062205$4,176
  Sanitary Disposal x 2 & Air Freshening Units x 6$260
  TAG 4004 renovations$10,999
  Air conditioner in main office $1,366
  Architects Fees renovations$390
  Town Planning fees renovations$360
  Compressor for Fridge$1,117
  TAG 4325 renovations$3,402
  Kyocera Laser FS1000 s/n XZD 1503523$109
  TAG 4090 shelving & bench tops in office$2,034
  TAG 4139 renovations$64,023
  TAG 4090 renovations$49,767
  Whiteboard mag 1500 x 1200$162
  Building Permit Fee renovations$1,058
  slatted timber emu cover (fixed)$699
  TAG 3905 - audio system background$2,184
  1 x Acer 32" LCD TV$1,700
  TAG 3905 renovations$73,341
  Coffee machine Faema 2GR Auto Grey Commercial s/n 152157 with Grinder s/n 0529373$6,154
  TAG 4014 renovations$2,716
  Microwave 44lt white$245
  TAG 3905 - '1200 - 2 door bottle display upright$3,805
  Town Planning fees renovations$630
  TAB/Sports bar security syst works$963
  Glass Mirrors x 4$332
  Carpet$3,709
  TAG 3939 renovations$39,145
  Tv brackets for 3 TV's$690
  Condensing unit for ktichen freezer$2,434
  Architects Fees renovations$6,153
  2 x LG 42" Plasma TV's$6,000
  bARbLENDER S/N 7114$340
  Dry Bar 1500 x 600 x 1100H x 2$1,780
  3 x slatted timber bar front (fixed)$2,034
  TAG 3905 - coolroom$4,431
  TAG 3808 renovations$53,665
  TAG 3708 renovations$18,738
  TAG 3444 keg slide$3,245
  Town Planning fees renovations$530
  Splashback & Shelves$1,427
  Architects Fees renovations$660
  Architects Fees renovations$620
  TAG 3830 renovations$2,435
  TAG 3905 - Glasswasher undercounter Hobart H40SU 17 s/n 90104486$2,756
  Thermometer$116
  TAG 3905 - air cond renos$12,709
  4 x stanless steel drum$1,784
  TAG 3905 - air cond renovations$12,008
  TAG 3905 - s/s liquor servery$8,344
  Architects Fees renovations$500
  TAG 3905 - UR 770RFD glasswasher s/n 361A1150$3,519
  16 x sleydon low stool$2,800
  Architects Fees renovations$330
  Square Display Cabinet Kpldtech Model SQRCD-9 s/n K16520003776$4,650
 
Category 9
Direct and indirect costs associated with the provision of community services
Amount
  Gas$739
  Repairs and Maintenance$3,419
  Electric Power - General$11,149
  Alarms - Fire - Security$34,242
  Cleaning$15,448


 


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