Community Benefit Statement
Name of approved Venue: FOSTER GOLF CLUB
Address of approved venue: 7 RESERVE STREET FOSTER VIC 3960
Venue operator: FOSTER GOLF CLUB INC
Licence number: V9310111
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. $80,435
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 $80,435
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 % 44.33
Class B (a). Capital expenditure. $0
Class B (b). Financing Costs (including principal and interest). $0
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. $273,474
CLASS B – TOTAL $273,474
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) $356,909


I, Peter Furborough , 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 FOSTER GOLF CLUB INC, has been audited by the suitably qualified person of Peter Tilley of Duesburys on 26/09/2024.
I confirm that an independent auditor’s statement dated 26/09/2024 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 FOSTER GOLF CLUB INC,’s compliance with the Act for the financial year ended 30 June 2024.

Declaration to be completed by the venue operator
 X  I, Peter Furborough, 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.
Peter Furborough, Manager
Community Benefit Statement - Schedules
Class Details Amount
Class A (a). (ii)The amount represents the Golf Day held at Foster Golf Club for the purposes of FUNDRAISING for the Foster / Gippsland Hospital. The Auxiliary of the hospital brought their own EFTPOS machines and collected the funds directly on the day of the event. The golf club facilitated the running of the event with our volunteers and staff and on the day and making the course available.$0
Class A (a). (xii)Foster Golf Club has paid sponsor signage at grounds and supports Fish Creek Football Netball Club and Foster Football Netball Club and also Toora Football Net ball Club with signage at their grounds and Vouchers for Golfing activity here at the Foster golf club throughout the year.$0
Class B (e).Accounting 13114, Admin costs 9922, Clubhouse expenses 9987, Advert and Promo 3183, Bus Expenses 305, Cleaning 28682, Insurance 33810, Function cost 2710, Light and Power 26110, Wages 617618, Super 67029, Workers comp 7317, Postage 70, Print and Stationary 4160, Security 3622, Staff Training 2610, Telephone & Internet 4137.$273,474
Class A (b).Golf Course Repairs and Maintenance 24733, Water Rates @ 80% 8307, Course materials 20366, Fuel & Oil 15018, Registrations 826, Capital Equip less than 10K 11185$80,435
Class C (c).Audit fees 5160.$3,000



 


File Attachment Icon
CBS Audit Report 2024 (Signed updated VGCCC name).pdf