Bondi Surf Bather's Life Saving Club Inc
ABN: 78 306 614 913
Notes to the Financial Statements
For the Year Ended 30 April 2024
12
Key Management Personnel Remuneration
All key management personnel and volunteers are not compensated during the year.
13
Contingencies
In the opinion of those charged with governance, the Association did not have any contingencies at 30 April 2024 (30
April 2023: None).
14
Related Parties
(a)
The Association's main related parties are as follows:
Key management personnel - refer to Note 12.
Other related parties include close family members of key management personnel and entities that are
controlled or significantly influenced by those key management personnel or their close family members.
(b)
Transactions with related parties
No transactions occurred with related parties during the year.
15
Cash Flow Information
(a)
Reconciliation of result for the year to cashflows from operating activities
2024
56,982
2023
69,487
Surplus for the year
Cash flows excluded from profit attributable to operating
activities
Non-cash flows in profit:
- depreciation
- net gain on disposal of property, plant and equipment
Changes in assets and liabilities:
- (increase)/decrease in trade and other receivables
- (increase)/decrease in other assets
- decrease/(increase) in inventories
- increase/(decrease) in trade and other payables
Cashflows from operations
78,605
(1,364)
74,985
(1,515)
(13,611)
8,097
35,635
251
(3,304)
(5,046)
1,342
164,344
136,200
16
Reconciliation of net income to net cash provided by operating activities:
145
117TH ANNUAL REPORT AND FINANCIAL STATEMENT 2023/24