Community Benefit Statement
Name of approved Venue: ITALIAN AUSTRALIAN SPORTING AND SOCIAL CLUB OF GIPPSLAND
Address of approved venue: 499-501 PRINCES HIGHWAY MORWELL VIC 3840
Venue operator: ITALIAN AUSTRALIAN SPORTING AND SOCIAL CLUB OF GIPPSLAND INC
Licence number: V9780040
Financial year ended 30 June 2024

CLASS OF CLAIM AND CATEGORY WITHIN CLASS Amount of revenue applied
CLASS A: Venue operators may claim up to 100 percent of revenue applied to a Class A purpose or activity.
Class A (a).  Donations, gifts and sponsorship (including cash, goods and services) to another person resident in Victoria, not including to the club itself, for the purpose or activities set out below.
(i) any educational purpose; $0
(ii) the provision of health services or care; $0
(iii) services for the prevention and treatment of problem gambling and drug and alcohol addictions; $0
(iv) housing assistance for disadvantaged persons; $0
(v) the relief of poverty; $0
(vi) the provision of services and assistance for the aged; $0
(vii) the provision of services and assistance for young people; $0
(viii) the protection and preservation of the environment; $0
(ix) the provision of assistance to relieve distress caused by natural or other disasters; $0
(x) the provision of advice, support and services to ex-service personnel, their carers and families; $0
(xi) any other philanthropic or benevolent purpose; $0
(xii) any sporting or recreational purpose, excluding any club that holds a venue operator’s licence. $30,731
Class A (b). The cost of providing and maintaining sporting facilities for use by club members. $0
Class A (c). The cost of any subsidy for the provision of goods and services but excluding alcohol. $0
Class A (d). Voluntary services provided by members and/or staff of the club to another person in the community, in fulfilment of Class A(a)(i)-(xii) above. $0
Class A (e). Advice, support and services provided by the RSL (Victorian Branch) to ex-service personnel, their carers and families. $0
CLASS A – TOTAL $30,731
CLASS B: Venue operators may claim an amount equal to the proportion of the club’s non-gaming revenue to its total revenue for Class B.
Non-Gaming Revenue proportion % 41.9
Class B (a). Capital expenditure. $0
Class B (b). Financing Costs (including principal and interest). $12,606
Class B (c). Retained earnings accumulated during the year. $0
Class B (d). The provision of buildings, plant or equipment over $10,000 per item excluding gaming equipment or the gaming machine area of the venue. $0
Class B (e). Operating costs. $1,243,955
CLASS B – TOTAL $1,256,561
CLASS C: Venue operators may claim up to 100 percent of revenue applied to a Class C purpose or activity.
Class C (a). The provision of responsible gambling measures and activities but excluding those required by law. $0
Class C (b). Reimbursement of expenses reasonably incurred by volunteers. $0
Class C (c). CBS preparation and auditing expenses to a maximum of $3,000. $1,000
CLASS C – TOTAL $1,000
CBS TOTAL (CLASS A + B + C) $1,288,292


I, Joseph Michael Auciello, 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 ITALIAN AUSTRALIAN SPORTING AND SOCIAL CLUB OF GIPPSLAND INC, has been audited by the suitably qualified person of Joanne Loh of LSH Accounting on 19/09/2024.
I confirm that an independent auditor’s statement dated 19/09/2024 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 ITALIAN AUSTRALIAN SPORTING AND SOCIAL CLUB OF GIPPSLAND INC,’s compliance with the Act for the financial year ended 30 June 2024.

Declaration to be completed by the venue operator
 X  I, Joseph Michael Auciello, 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.
Joseph Michael Auciello, Accountant
Community Benefit Statement - Schedules
Class Details Amount
Class A (a). (xii)Donations / Gifts / Sponsorships$30,731
Class B (b).Interest Commercial Bill$11,351
Class B (b).Interest - Premium Funding$1,255
Class B (e).Accounting$10,416
Class B (e).Advertising$27,993
Class B (e).Bank Charges$8,992
Class B (e).Cleaning$10,563
Class B (e).Community Benefits$68,642
Class B (e).Employment Costs$876,167
Class B (e).Function Expenses$6,268
Class B (e).Hire of Plant & Equipment$3,137
Class B (e).Insurance$29,058
Class B (e).Member Amenities$17,175
Class B (e).Occupancy Costs$67,191
Class B (e).Postage, Printing & Stationary$11,466
Class B (e).Repairs & Maintenance$33,176
Class B (e).Security Costs$18,922
Class B (e).Software$12,566
Class B (e).Staff Training$2,855
Class B (e).Sub Club Expenses$16,204
Class B (e).Uniforms$1,123
Class B (e).Waste Disposal$8,783
Class B (e).Workcover$13,258
Class C (c).Audit of 2023 CBS$1,000



 


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2024 CBS Audit Report (FYI-759635116).pdf