Bondi SBLSC 2023_24 Annual Report

Bondi Surf Bather's Life Saving Club Inc

ABN: 78 306 614 913

Statement of Profit or Loss

For the Year Ended 30 April 2024

2024

2023

Income

Membership and other fees

286,244

269,016

Events and fundraising

250,193

238,796

Donations & sponsorship

215,461

124,663

Activation fees

72,090

45,416

Grant income

49,688

114,982

Room hire

101,270

134,363

Clothing sales

38,610

35,561

Other revenue

65,827

26,010

1,079,383

988,807

Expenditure

Cost of sales

368,243

354,184

Employee benefits expense

165,327

160,128

Cleaning

59,774

49,647

Insurance

52,875

46,260

Repairs and maintenance

84,061

49,960

Audit and accountancy fees

27,546

37,532

Depreciation

78,605

74,985

Social committee and entertainment

67,397

34,306

Utilities

61,943

53,794

Other expenses

56,630

58,524

1,022,401

919,320

Net surplus before income tax

56,982

69,487

Income tax expense

Net surplus after tax

56,982

69,487

The accompanying notes form part of these financial statements.

133

117TH ANNUAL REPORT AND FINANCIAL STATEMENT 2023/24

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