b'Transport for NSWs construction of the Sydneyof the income or property of the Club to any Metro station to the immediate south of the ClubsMember or former Member of the Club or toAUDITORS INDEPENDENCE building continues, with the project now in theany person claiming through them.construction stage of the Metro train station. To thisThe Club is governed under the Corporations ActDECLARATION date there has been minimal effect on the Clubs2001 and is a company limited by guarantee. IfDECLARATION OF INDEPENDENCE BY building and its operations resulting from the Metrothe Club is wound up the total amount payable by construction works. However, the future effect ofall Members of every class will, except in any caseCLAYTON EVELEIGH TO THE DIRECTORS such construction works on the Clubs building andof unlimited liability, be not more than an amountOF NEW SOUTH WALES MASONIC CLUBoperations cannot be determined at this stage. equal to the number of Members of every class The Club is progressing its obligations under themultiplied by $4.00. AsleadauditorofNewSouthWalesMasonic Sydney City Council (SCC) issued Fire SafetyMembership Club for the year ended 30 June 2022, I declare Order, supported by our fire safety engineers andAt 30 June 2022 total Members numbered 1,321that, to the best of my knowledge and belief, there heritage consultants to develop a timeline andcomprising 432 Mason Members, 866 Associatehave been:engineered solution that preserves the heritageMembers,1GoldMembers,1Patronand21(i)No contraventions of the auditor character of the Clubs building. Substantial capitalHonorary Members. independence requirements as set out in the expenditure is likely to be incurred once fundsCore Property Corporations Act 2001 in relation to the audit; permit. andAfter Balance Date Events The Core Property of the Club as at 30 June 2022 No matters or circumstances have arisen sincewas the property known as 169-173 Castlereagh(ii)No contraventions of any applicable code of the end of the financial year which significantlyStreet, Sydney. professional conduct in relation to the audit.affected or may affect the operations of the Club,As at that date there was no Non-Core Property the result of those operations, or the state of affairsof the Club.of the Club in future financial years. Auditors Independence DeclarationLiability of Members on a Winding Up TheauditorsindependencedeclarationfortheClayton EveleighFor every class of membership the amount foryear ended 30 June 2022 has been received andDirectorwhich every Member is liable to contribute if thecan be found on page 7 of the financial report.Club is wound up is: BDO Audit Pty Ltd(i)Such amount as may be required notSignedinaccordancewitharesolutionoftheSydney, 7 September 2022 exceeding $4.00; Board of Directors: (ii)In the event that the liability of any MemberLevel 11of any class becomes unlimited, then such1 Margaret Streetother amount as may be required accordingSYDNEY NSW 2000 to the circumstances in which that event occurred. Any Members liability becomesPeter Zeilic unlimited if that Member makes (or knowinglyPresidentconsents to or assists in the making of) anDated: 7th day of September 2022unauthorised payment or transfer of any part STATEMENT OF PROFIT OR LOSS STATEMENT OF OTHER COMPREHENSIVE INCOMEFOR THE YEAR ENDED 30 JUNE 2022 FOR THE YEAR ENDED 30 JUNE 2022Note20222021 Note20222021$$ $$Revenue22,658,0681,360,033 Loss for the year (125,519) (1,143,339)Gain/(loss) on disposal of assets250,110(3,675) Other comprehensive income (OCI) after income tax:Raw materials and consumables used(280,380)(213,116) Items that will not be reclassified Employment benefits expense(1,564,980) (1,501,836) subsequently to profit or loss:Government subsidies175,261509,850 Net gain/(loss) on revaluation of financial Depreciation of property, plant and equipment 3(320,981)(555,608) assets at fair value through OCI, net of tax2(60,287)107,082Occupancy expense(587,598)(584,732) Other comprehensive income for the year, net of tax(60,287) 107,082Impairment of trade receivables Total comprehensive income for the year(185,806)(1,036,257)Other expenses(281,746)(238,910) Total comprehensive income attributable to: Loss before income tax expense(152,246) (1,227,994) Members of the Club(185,806) (1,036,257)Income tax benefit426,727 84,655Loss for the year(125,519) (1,143,339)Were Opening Our Doors For Sydney Open!SUNDAY 6 NOVEMBER 2022Over one weekend, Sydney Open unlocks the doors to more than 50 of the most significant and inspiring buildings and spaces across the CBD and Greater Sydney.Our Club is part of the program with floor talks throughout the day, interesting stories of the building and a behind the scenes tour which includes the boardroom and a former document safe.Purchase your Sydney Open 2022: City Pass to join the tour!Adults $49.00, Children 5+ and Concession $42.00 (+booking fee)BOOK ONLINE: www.sydneyopen.com.au PROUDLY PART OF SYDNEY OPEN 202212NSW Masonic Club October 2022'