Annual Report - The Greens The Entrance

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The predominant complaint I hear from members is that the vast majority of restaurant patrons donot stay in the club and just leave the club at the completion of their meal. That situation is NOT thefault of the caterers but, if anyone, the fault of the Board and management in not providing the rightattractions to have patrons want to stay on.It is a fact that good club caterers are essential in this industry to get people into the restaurant and,therefore into the club. Club management’s task is to keep as large a number of those people aspossible on the premises. Successful clubs ensure that their catering facilities attract patrons to theclub and they seek to ensure that they provide quality facilities and entertainment to ensure a goodpercentage stay on.Very few successful clubs charge rent to good caterers who fulfill their part of the deal in attractinglarge numbers of patrons and, in this regard, Feastcorp do not pay rent in any of the four other clubrestaurants they run in Bankstown, Mayfield, the Illawarra and Central Coast Leagues (although Iunderstand that they will commence paying rent in Gosford in June next year after a 3 year rent freeperiod).The contract signed with Feastcorp is a 43 page thorough and comprehensive legal document.Some clauses in the contract, which may be of interest to members, include:1. the caterers to pay for gas bills.2. the caterers to contribute 50% of the cost of all advertising and promotion3. the caterers to pay for their own waste removal and grease trap cleaning4. the caterers at their cost are to keep clean the restaurant and kitchen premises5. there is a requirement on the caterers of to maintain the provision of high quality meals usinghigh quality foodstuffs and presentationIn the original contract negotiations, Feastcorp’s two partners and their advisor pointed out a numberof factors as to why, from a common sense and business practicality point of view, they should beallowed to trade free of rent but meet such expenses as cleaning, gas bills, rubbish removal etc.Some of the points they made included:• Feastcorp met the cost of the restaurant fit out and construction to the extent of in excessof $500,000. This is extraordinary and almost without precedent in the club industry and itcould well be argued that this $1/2 million in construction and fit out costs to our premisesequates to numerous years of prepaid rent.• The core business activity of the club is gaming and bar trade. Both these activities aredependent on club patronage. As I have previously stated, club patronage is very muchcorrelated to the provision of attractive catering facilities.• Feastcorp, without the burden of a weekly rental, are more capable of being able to maintainthe quality of their food and keep prices at a reasonable level. With the benefit of the Club 83experience, the club is constantly monitoring food quality, price levels and service standardsin order to protect the flow on effect to our core business activities.14
It is also worth noting that those few clubs who continue to operate their own catering facilities, asopposed to employing contractors, invariably do so at a loss to the club and its bottom line.At the end of the day, when one sees and understands the importance to all licenced clubs of thetwo core business activities of gaming and bar trading, rental income is petty cash and simply notworth jeopardizing the success and survival of the club which, as I have stated, is reliant upon thesuccess of the Star Buffet.Moved K. Owen (676) seconded C. Fitzgerald (479) “that the Financial Report and Auditors reportbe received and adopted”.Carried.ELECTION RESULTSJohn Wright was the returning Officer from Metro-Poll and he delivered the election results to theAnnual Meeting.Results of the Election of Directors for The Entrance Bowling Club Limited 2010 are as follows:-ChairmanCandidateVotes ReceivedJohn O’CONNELL 202 ElectedRalph WHITFIELD 108Total Formal Vote 310Informal Ballot Papers 15I hereby declare John O’Connell elected as Chairman for 2010 - 2011Vice ChairmanCandidateVotes ReceivedRaymond SONTER 73Dick THORNTON 55Jim GIBBONS 46Mick TERELINCK 82 ElectedClarrie FITZGERALD 66Total Formal Votes 322Informal Ballot Papers 3I hereby declare Mick Terelinck elected as Vice Chairman for 2010 - 2011TreasurerCandidateVotes ReceivedJohn RUSS 186 ElectedSue GEMMELL 127Total Formal Vote 313Informal Ballot Papers 12I hereby declare John Russ elected as Treasurer for 2010 - 201115
Page 1 and 2: The Entrance Bowling Club Limitedt/
Page 3 and 4: NOTICE OF MEETINGTake note that the
Page 5 and 6: entertainment of special guests of
Page 7 and 8: A big thanks to Clarrie Fitzgerald,
Page 9 and 10: TREASURER’S REPORTIt is with plea
Page 11 and 12: and dedication, events would not be
Page 13 and 14: MINUTES OF THE 39 TH Annual General
Page 15: of costs whilst simultaneously purs
Page 19: The following ordinary resolutions
Page 22 and 23: The Entrance Bowling Club LimitedAB
Page 26 and 27: Auditor’s Independence Declaratio
Page 38 and 39: Note 8. Property Plant and Equipmen
Page 44 and 45: Report on the Financial ReportIndep
Page 47 and 48: VALE1st July 2010 to 30th June 2011

Annual Report - The Greens The Entrance

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