Community Benefit Statement
Name of approved Venue: GREYHOUNDS ENTERTAINMENT
Address of approved venue: LIGHTWOOD ROAD SPRINGVALE VIC 3171
Venue operator: GREYHOUND PROMOTIONS PTY LTD
Licence number: V9210187
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. $0
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. $39,622
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 $39,622
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 % 22
Class B (a). Capital expenditure. $0
Class B (b). Financing Costs (including principal and interest). $3,878
Class B (c). Retained earnings accumulated during the year. $370,326
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. $2,858
Class B (e). Operating costs. $1,012,636
CLASS B – TOTAL $1,389,698
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. $3,000
CLASS C – TOTAL $3,000
CBS TOTAL (CLASS A + B + C) $1,432,320


I, Ian Chapman, 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 GREYHOUND PROMOTIONS PTY LTD, has been audited by the suitably qualified person of Nick Michael of SW Accountants & Advisors on 24/09/2024.
I confirm that an independent auditor’s statement dated 24/09/2024 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 GREYHOUND PROMOTIONS PTY LTD,’s compliance with the Act for the financial year ended 30 June 2024.

Declaration to be completed by the venue operator
 X  I, Ian Chapman , 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.
Ian Chapman , General Manager
Community Benefit Statement - Schedules
Class Details Amount
Class B (b).Finance Costs$3,878
Class B (c).adjusted BPCA retained earnings adjustment$370,326
Class B (d).New Stove$2,858
Class B (e).Cash Collection$14,991
Class B (e).Cash Discrepanices$316
Class B (e).Consumables$13,776
Class B (e).Replacemets$6,523
Class B (e).Computer Maintenance$333
Class B (e).Software and Support$15,243
Class B (e).Customer Ammentites$427
Class B (e).Donations$928
Class B (e).Pay TV$11,797
Class B (e).Registrations and Subscriptions$2,032
Class B (e).Security$45,924
Class B (e).Motor Vehicle Expenses$584
Class B (e).General Expenses$1,550
Class B (e).App Commissions$1,721
Class B (e).postage$76
Class B (e).Advertising$1,452
Class B (e).Printing and Staionary$8,110
Class B (e).ASIC Fees$68
Class B (e).Insurance$18,691
Class B (e).ATM Commission$15
Class B (e).Repairs and Maintenance$23,834
Class B (e).Electricity and Gas$27,829
Class B (e).Telephones$2,765
Class B (e).Rates$4,786
Class B (e).Catering Rights$5,721
Class B (e).Garderning$1,994
Class B (e).Cleaner rubbish removal$28,698
Class B (e).Cleaning Products$5,467
Class B (e).Wages Beverage$31,861
Class B (e).Wages Dawson$150,626
Class B (e).Wages Trackside$62,664
Class B (e).Wages FOH Bistro$100,625
Class B (e).Wages Management$166,792
Class B (e).Wages Termination Leave$1,450
Class B (e).Travel$1,011
Class B (e).Staff Uniforms$1,475
Class B (e).WorkCover$11,153
Class B (e).Other Employment Costs$4,583
Class B (e).Recruitment Costs$12,721
Class B (e).Superannuation$84,146
Class B (e).Rent$44,587
Class B (e).Legal$11,319
Class B (e).consulting$60,454
Class B (e).accounting$8,427
Class B (e).audit$5,373
Class B (e).staff and directors$7,719
Class A (c). Discounts Given To Patrons$39,622
Class C (c).Audit Fee$3,000



 


File Attachment Icon
Greyhound Promotions - CBS Audit report 2024.pdf