Annual Report 2014 - 2015

Financial Report, 2014/15
Robin Christmas, as part time Finance Officer, has been able to provide the
Treasurer, the Board of Management, and the General Manager with up to
date financial information for this financial year. The group has completed
another very busy year, with an overall operating surplus of $678.24 after
allowing for depreciation of $25,667.
The small positive result reflects the tight budget in operating costs for the
financial year and also the necessity for raising our own funds, outside of
our Government grants.
Income and Expenditure for the year ended
30th June 2015
Total Income $711,988.24
Funding income $494,516.00
Derived from Queensland Department of Justice and Attorney-General grant of $372,516 paid
half yearly. The increase over last year was due to indexation paid.
However, this does not cover the full increase in our award wages and expenses.
We also received funding by DOJ for Peer Support Program of $122,000 paid half yearly and
not indexed.
OPCK Funding and income $150,785.84
Derived from one off grant $150,000 from Premier’s Dept. and $785.84 in sales
Group Income $66,686.40
Made up of bank interest $7291.53, donations $5506.11, fundraising $53788.82,
memberships $4010.85, loss on disposal and sale of assets ($3960.91),
Total Expenses $711,310.00
Funding Expenses $515,929.49
Funding expenses increased on last year by $18,304.61 but is offset by Capital Grants and
Group Income of $66,446.40 This resulted in our surplus of $438.24
Most expenses have been kept under control this year but it is difficult to compare this year
with the previous year due to new funding, resulting in an increase in overheads and wages.
OPCK Funding Expenses $148,815.82
Made up of Capital costs $4069.09 Consultancy $100,000 Wages costs $10,949.28
Travel costs $1163.05 Fees and purchases $13,634.40 Deferred Income $19000
Group Expenses $ 46,564.69
Made up of funded expenses $7548.81, member payments $630, fundraising expenses
$10860.76, new website $480, promotions and memorials $10860.76, volunteer costs
$643.66 and group wages for toil $16338.21.
Group Summary:-
Total Income
Total Expenses
Surplus
$711,988.24
$711,310.00
$ 678.24
All figures are net of GST – All reports are based on accrual accounting.
29 Annual Report 2014-2015