b'THE FOLLOWING ACCOUNTS DO NOT FORM PART OF THE AUDITED FINANCIAL REPORTINCOME AND EXPENDITURE ACCOUNT TRADING ACCOUNTFOR THE YEAR ENDED 30 JUNE 2020 FOR THE YEAR ENDED 30 JUNE 2020Note20202019 Accommodation Reagh Cellos Lounge Caf Total Total$$ Bar Bar Reagh 2020 2019IncomeTrading profit1,524,1722,210,917 $ $ $ $ $ $ $Poker machine (loss)/profit (excluding depreciation)(2,737)2,338 IncomeMembers subscriptions65,88968,204 Sales 2,598,390 109,721 136,400 41,242 66,865 2,952,618 3,993,131Donations250600 ExpensesRent received48,205110,938Room hire118,104114,454 Cost of Sales 91,586 89,170 89,688 35,245 37,611 343,300 407,570Interest received59,41889,654Dividends received19,51221,904 Gross Profit 2,506,804 20,551 46,712 5,997 29,254 2,609,318 3,585,561Net (loss)/gain on disposal of investments(675)243 Direct labour Net (loss)/gain on disposal of property,expenses 834,657 13,754 - 36,636 57,572 942,619 1,180,600plant & equipment(169,491)-Sundry income 212,313169,969 Direct1,874,960 2,789,221 expenses 112,463 2,400 23,531 2,095 2,038 142,527 194,044Expenses947,120 16,154 23,531 38,731 59,610 1,085,146 1,374,644General overhead expenses754,8101,167,790 Trading Administration expenses693,872712,694 profit 1,559,684 4,397 23,181 (32,734) (30,356) 1,524,172 2,210,917Auditors remuneration: Audit fees30,42021,500Accountancy and taxation services3,8503,600Donations2,4094,100 POKER MACHINE OPERATING ACCOUNTSocial amenities and activities29,62452,518 FOR THE YEAR ENDED 30 JUNE 2020Directors and related persons benefits1523,88137,472Directors fees51,50055,000 20202019Depreciation:$$Building216,000306,000 Net takings(761) 7,642Plant and equipment307,740217,220Rates and taxes122,461136,862 Less direct expenses2,236,567 2,714,756 Repairs and maintenance1,976 5,304(Loss)/profit before income tax(361,607)74,465(2,737)2,338Income tax benefit/(expense)4 13,551(23,391) Less: Depreciation 570 1,120Profit after income tax (348,056)51,074 Trading profit (3,307) 1,218WED LIKE TO WELCOME OUR NEWEST MEMBERS TO THE CLUBMr Robert Beer, Retired Ms Lesley Kerl, Celebrant Mr Samuel Stringer, AccountantMr Robert Bonella, Retired Mr Neil Kirkpatrick, Chartered QS,Mr Erik Talmet, Senior Postal services Mrs Patricia Bradley, retired Chartered Builder OfficerMr David Brooks-Horn, Operation Manager Mrs Pamela Lazzarini, Retired lawyer Mr Marcelo Veloz, CEOMr Alan Burton-Stark, Retired Solicitor Mr Grant Leonard, CFO Mrs Suzanne VerdichMr Joshua Campbell, Author Mr Michael Levenston, Treasury Manager Mr David Waite, ProfessorMiss JosephineChand, Receptionist Dr Ross Macpherson, Medical Practitioner Ms Margaret Elizabeth Wood, RetiredMr David Close, Advisory Director Mr Ian Macpherson, Accountant Mr Christopher Wood, TeacherMr Robert Cochrane, Retired Mr Peter Magnuson, Retired Mr Zile Yu, LaywerProf R. Max Conway, Medical Practitioner & CEO Mr Warwick Mahoney, Retired TeacherMr John Cowling, Manager Mrs Rebecca Mahoney, Retired TeacherMs Patricia Davies, Management Consultant Mr Joshua Manasseh, PlumberMr Robert Debus, Retired Cabinet Minister Ms Ellen McKenzie, SolicitorMr Bernard Ducket, Retired Ms Peta Moore, Archivist DECEASED MEMBERSMs Kathryn Duly, Affiliate Promotion Mr Angus Moore, StudentMr StephenDuncan, Merchant Banker Mr Brent OBell, Trader It is with great sadness that we report Mr Ciaran Dunning, Manager Mr Patrick OHalloran, Solicitor the passing of the following loyal Mr Geoffrey Dyer, Retired Mr Allan Pank, Bricklayer Members of the Club and we express Mr Scott Alexander Fender, RiskMs Elsebeth Petersen, Educator our sympathies to their families.Management Mr Dario Priori, Retired Mr Denis ArbuckleMr Christopher Fritzsimons, Retired Lawyer Mr David Quirk, Hospital Manager Mr Norman Lee-MartinMr Sergio Gutierrez Gonzalez, Sales Director Mr Tony Rizzotto, Hospitality RestaurateurMr Peter Green, Engineer Mr Neville Rossiter, Regional Manager Mrs Adele DonnellyMrs Jacqueline Hapgood, Accountant Mr John Rudd, Retired AccountantMrMiss Janice Jeanette BransgroveMrs Annette Harman, CoordinatorGeorge Sabados, Business Broker Mr Desman Edward ScottChildrens Services Mr Grant Saunders, Technical Director Mr John KennedyMr Manfred Kahmann, Uni Lecturer/DesignMrs Joan Margaret Shields, RetiredEngineer Mr Norris Alwyn Smith, JournalistOctober 2020 NSW Masonic Club19'