Community Benefit Statement
Name of approved Venue: NAGAMBIE LAKES ENTERTAINMENT CENTRE
Address of approved venue: HIGH STREET NAGAMBIE 3608
Venue operator: NAGAMBIE ROWING CLUB INC
Licence number: V9780049
Financial year ended 30 June 2010

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. $0
Class A (b). The cost of providing and maintaining sporting facilities for use by club members. $15,442
Class A (c). The cost of any subsidy for the provision of goods and services but excluding alcohol. $31,950
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 $47,393
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 % 0
Class B (a). Capital expenditure. $0
Class B (b). Financing Costs (including principal and interest). $60,070
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. $386,691
CLASS B – TOTAL $446,761
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. $39,920
Class C (c). CBS preparation and auditing expenses to a maximum of $3,000. $1,000
CLASS C – TOTAL $40,920
CBS TOTAL (CLASS A + B + C) $535,074


I, Zack Spahich, 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 NAGAMBIE ROWING CLUB INC, has been audited by the suitably qualified person of Terry Sofra of Terry Sofra & Co Pty Ltd on 30/09/2010.
I confirm that an independent auditor’s statement dated 28/09/2010 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 NAGAMBIE ROWING CLUB INC,’s compliance with the Act for the financial year ended 30 June 2010.

Declaration to be completed by the venue operator
  I, Zack Spahich, 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.
Nagambie Rowing Club Inc, Manager/Nominee
Community Benefit Statement - Schedules
Class Details Amount
Class A (b).Discounted Food & Beverages provided to members$15,442
Class A (c). Donation for room hire, and other donations also promotion costs$31,950
Class B (b).Interest on loan and bank charges$60,070
Class B (e).Insurance$13,143
Class B (e).Fees & Subscriptions$2,120
Class B (e).Donations$1,869
Class B (e).Travelling$9,060
Class B (e).Security$634
Class B (e).Bar Snacks$14
Class B (e).Telephone$11,098
Class B (e).Repairs & Maintenance$19,208
Class B (e).Gaming Expenses$7,036
Class B (e).Hire Plant & Equipment$2,996
Class B (e).Medical Expenses$141
Class B (e).Advertising$3,784
Class B (e).WorkCover Premiums$5,757
Class B (e).Legal Fees$56
Class B (e).Rowing Expenses - General$10,721
Class B (e).Dining Room Supplies$2,834
Class B (e).Uniforms$644
Class B (e).Flowers & Decorations$1,412
Class B (e).Accountancy$2,520
Class B (e).Merchants Fees$3,990
Class B (e).Licence Fees$5,232
Class B (e).Cleaning$33,365
Class B (e).Pest Control$1,396
Class B (e).Printing, Postage & Stationery$8,973
Class B (e).Rent - Other$5,435
Class B (e).Bar Expenses$6,523
Class B (e).Regatta Expenses$3,872
Class B (e).Rent$110,334
Class B (e).Management Fee$33,661
Class B (e).Staff Amenities$1,433
Class B (e).Staff Training$3,574
Class B (e).Bands & Artists$2,660
Class B (e).Kitchen Expense$4,401
Class B (e).Freight$3,651
Class B (e).Electricity / Gas$46,620
Class B (e).Gymnasium Expenses$857
Class B (e).Rates & Land Taxes$10,690
Class B (e).Wasteage Removal$3,595
Class B (e).Leasing Charges$1,384
Class C (b).Volunteer hours worked$39,920
Class C (c).Accounting and audit fees$1,000



 


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CBS Audit Report 28 09 10.pdf