b'NOTES TO THE FINANCIAL STATEMENTS DIRECTORS DECLARATIONFOR THE YEAR ENDED 30 JUNE 2022NOTE 18:CAPITAL AND LEASING COMMITMENTS ThedirectorsoftheNewSouthWalesMasonicClub(theCompany) Capital expenditure commitments declare that:Capitalexpenditurecommitmentscontractedforatthereportingdate1.The financial statements and notes are in accordance with the amounted to $nil (2021 $391,558). Corporations Act 2001 and:NOTE 19:CONTINGENT ASSETS AND CONTINGENT LIABILITIES(a)comply with Australian Accounting StandardsSimplified Disclosures applicable to the Company; andThere are no contingent assets or liabilities. (b)give a true and fair view of the financial position as at 30 June 2022 NOTE 20: MEMBERS GUARANTEE and performance for the year ended on that date of the Company,The Club is a company limited by guarantee, incorporated and domiciled in2.in the directors opinion there are reasonable grounds to believe that Australia. If the Club is wound up, the Memorandum of Association statesthe Company will be able to pay its debts as and when they become that each Member is required to contribute a maximum of $4 each towardsdue and payable.meeting any outstanding obligations of the Club. At the reporting date theThis declaration is made in accordance with a resolution of the Board of number of Members was 1,321 (20211,389). Directors. In any case, where a Member has been in breach of paragraph 4 of the Clubs constitution, entitled Memorandum of Association, the liability of a Member on winding up is unlimited. Please refer to Liability of Members on a Winding Up as set out in the Directors Report. PETER ZEILICNOTE 21:EVENTS AFTER THE REPORTING PERIOD PresidentNo matters or circumstances have arisen since the end of the financialDated: 7th day of September 2022year which significantly affected or may affect the operations of the Club, the result of those operations, or the state of affairs of the Club in future financial years. INDEPENDENT AUDITORS REPORT NOTE 22:SPECIAL REPORTING REQUIREMENTSTO THE MEMBERS OF NEW SOUTH WALES MASONIC CLUBThe Registered Clubs Act (as amended) requires the Club to make available to Members the following information in relation to the financial year:(i)There were no contracts of employment with a top executiveReport on the Audit of the Financial Reportof the Club approved during the reporting period.Opinion(ii)Purpose and details of overseas travel by a director orWe have audited the financial report of New South Wales Masonic Club employee of the Club.Nil (the Company), which comprises the statement of financial position as (iii)Total profits/(losses) from gaming machines in the Club during the at 30 June 2022, the statement of profit or loss and other comprehensive 12 month period ended 30 November in the financial income, the statement of changes in equity and the statement of cash year to which this report relates.Nil flows for the year then ended, and notes to the financial report, including a (iv)Amount applied by the Club to community development and summary of significant accounting policies, and the directors declaration.support during the 12 month period ended 30 NovemberIn our opinion the accompanying financial report of New South Wales in the financial year to which this report relates.Nil Masonic Club, is in accordance with the Corporations Act 2001, including: (v)Loans made to employees of the Club.Nil (i)Giving a true and fair view of the Companys financial position as at (vi)Consultants to the Club that were paid in excess of $30,000:Nil 30 June 2022 and of its financial performance for the year ended on (vii)Total consultancy fees paid, excluding amounts disclosed above - $3,620. that date; and (viii) There was no settlement made with a Member of the governing body or(ii)Complying with Australian Accounting StandardsSimplified employee as a result of a legal dispute and no associated legal fees. Disclosures and the Corporations Regulations 2001. (ix)No legal fees were paid on behalf of a Member of the governing bodyBasis for opinion or an employee. We conducted our audit in accordance with Australian Auditing Standards.(x)The Core Property of the Club as at 30 June 2022 was the propertyOur responsibilities under those standards are further described in the known as 169-173 Castlereagh Street, Sydney. Auditors responsibilities for the audit of the Financial Report section of As at that date there was no Non-Core Property of the Club.(xi)Set out below are disclosures made by a director, top executive or employee in relation to: DISCOUNTED PARKINGHILTON SECURE CARPARKA material personal interest that a director has in a matter relating to the affairs of the Clubnil. Discounted parking vouchers for259 Pitt St, Sydney CBDpersonal or financial interest of a director or top executive in a contractthe Hilton Secure Carpark are onAccess: Turn left into the Hilton relating to the procurement of goods or services or any major capitalsale at the hotel reception desk. Hotel entrance from Pitt Street works of the Club: The discounted parking options are access via the 2nd driveway Peter Zeilic - $23,732. offered by the Castlereagh BoutiqueSecure Parking.Hotel to all Members and guests as Any financial interest of a director or top executive in a hotel situateda service, however, it is ultimatelyRATESwithin 40 kilometres of the Clubs premisesnil. the responsibility of the guests to$55.00 Voucher Day VoucherA gift or remuneration of $1,000 or more from an affiliated body ofensure that they adhere to theMon - FriSingle entry / exitthe Club or from a person or body that has entered into a contractentry/exit conditions that apply. Maximum 24 hours with the Clubnil. from the time of (xii)(xii) Donations made to the Clubs internal sub-clubs, other entitiesPROCEDURE entry.utilising the Clubs facilities and charitable institutions amounted to Please contact Hotel Reception$30.00 Voucher Evening/Overnight$3,219. on the day at least an hour priorMon - FriSingle entry / exitto arrival.Valid for entry after 6pm exit by 9am TrainingReception will reserve parkingthe following day. The Board of Directors has met its governance obligations under Part 6 ofand provide you a code to enterCANNOT be used the Registered Clubs Regulations 2015. The following directors and GeneralCar Park. in conjunction with Manager (Club Secretary) have completed the required training, as prescribed:Hilton Secure Parking is locatedDay and Weekend at 259 Pitt Street, Sydney andVouchers.Stephen BatesDirector operated 24 hours. $30.00 Voucher WeekendsWilliam RedpathDirector Sat - SunSingle entry / exitRobert EagleshamDirectorTo exit take lift from Hilton HotelMaximum 24 hours Stephen HodgsonDirector Lobby to car park area. from the time of Paul BraschGeneral ManagerPlease follow exit instructions onentry.your Reservation. Late checkout penalties apply. 18NSW Masonic Club October 2022'