2016 Annual Report

Royal Yacht Club of Victoria 

Annual Report

By Warranty 

By the Commissioners for executing the Office of Lord High Admiral of the 

United Kingdom of Great Britain and Ireland etc. 

Whereas we deem it expedient that the vessels belonging to the Royal 

Yacht Club of Victoria shall be permitted to wear the Blue Ensign of Her 

Majesty's Navy, with Crown on the Burgee only. 

We do hereby by the power and authority vested in us, warrant and 

authorize the Blue Ensign of Her Majesty's Navy with a Crown on the 

Burgee to be worn on board the respective vessels of the Royal Yacht Club 

of Victoria accordingly. 

Given under our hands and the Seal of the Office of Admiralty this 

Sixteenth day of August, 1886. 

This Annual Report is for presentation at the Annual Meeting to be held on Saturday 3 rd September, 

2016 at 1000hrs at the Club House. 

1

162 nd Annual Report 

OFFICE BEARERS 

ADMIRAL 

THE DUKE OF EDINBURGH 

H.R.H. Prince Phillip 

COMMODORE-IN-CHIEF 

THE GOVERNOR OF VICTORIA 

Her Excellency the Honourable Linda Dessau AM 

COMMODORE 

Mr D. Seaman 

VICE COMMODORE 

Mr M. McLean 

REAR COMMODORE 

Mr J. Duffin 

CLUB CAPTAIN 

Capt. D. Ellis 

HONORARY TREASURER 

Mr A. Campbell 

HONORARY ASSISTANT TREASURER 

Mr M. Baines 

HONORARY ASSISTANT SECRETARY 

Mr A. Beck 

GENERAL COMMITTEE 

Messrs J. Forsyth and B. Anderson 

Mes E. Meyer and E. Johnston 

AUDITOR 

Mr J. Woodward—Chartered Accountant 

HONORARY SOLICITOR 

Mr C. Tucker 

HONORARY CHAPLAIN 

Reverend Dr I. Hunter 

GENERAL MANAGER 

Mr A. McGillivray 

2

From the Commodore 

The 2015-2016 year has been interesting to say the 

least, there's always something worth talking about 

going on at Royals and if you read Enews every 

week, you'll know what I mean. 

Sailing. 

As usual, it's been a great year for sailing which, 

after all, is our main reason for being and what we 

enjoy doing. 

The highlight of the year was the 2015 Para World 

Sailing Championships and after last year's AGM, the 

ramp up for the Para Worlds got into full swing. A 

core Committee had already been formed at this 

stage with VC Michael McLean, John Burgess, 

Ross Kilborn, Rod Alsop, Alex McGillivray and 

David Le Roy who controlled the event from go to 

whoa and what a success they made of it. The 

Committee and its team of 180 volunteers did a 

tremendous job, they made many friends and were 

at the core of what made this event so successful. 

I can honestly say I have never felt prouder of my 

Club and our members and staff than at the Para 

Worlds' closing ceremony when all the competitors, 

officials and supporters said what a great time 

they'd had. RYCV more than demonstrated to our 

members and the world our capability of conducting 

such world-class events through our achievements 

with these Championships. All ran smoothly for our 

guests throughout the competition even though we 

needed to build a temporary floating marina, but the 

running of such events will be much easier when the 

new Marina is in place and we can demonstrate that 

our facilities are on par with the service, hospitality 

and warm cordiality that we provided during the 

Para Worlds. 

All our other regular sailing events ran as normal 

with the next biggest events being the bookends to 

the Para Worlds - the annual Lipton Cup Regatta, 

providing a worthy support act the week prior to the 

Para Worlds and the hosting of the Para Classes for 

the World Cup, a week after the Para Worlds. SS 

Rendezvous cruised on through another season and 

coordinator Andy Merlot and his team have now 

reviewed the cruising program to provide an 

innovative new schedule for next season, you can 

visit the RYCV website for more details. 

This year's Association Cup provided a minor glitch 

in our recent long-standing history of success in this 

fiercely battled competition. Sandringham Yacht 

Club finally learnt the rating lessons and managed to 

unclasp our grip on the silverware this year, 

however, SYC Commodore Kate Mitchell willingly 

and graciously conceded that they were really only 

winning the honour of polishing the trophy before 

handing it back to us next year... 

Lastly, we should all be proud of another 

international achievement, this time by one of our 

OTB rising stars, Louis Schofield. 

Louis finished 24th out of 228 competitors alongside 

Skipper Tom Alexander in the recent 29er World 

Championships in the Netherlands. Their great 

efforts and tremendous result set them up to retain 

their standing in the highest grouping and proudly 

provides them with their new 29er sail number, 

AUS24. Louis wrote an excellent report of their 

experiences in the 29er Worlds titled "March to 

Medemblik Wrap Up" which may be read on the 

RYCV website. 

Marina 

The plans for the new Marina are almost finished 

and by now you will have been invited to see the 

final designs. The Marina Committee has met every 

week for two years to work on this project and 

on 28th July this year, a stakeholders' meeting was 

convened by Parks Victoria to brief all 

local Hobsons Bay organisations about our plans, 

resulting in Parks Victoria requesting our plans for 

finalisation of the Works Permit. 

The Marina financing has taken many months of 

investigation and will be explained by John Forsyth. 

The General Committee, then members, will be 

asked to endorse this approach at this year's AGM. 

The financing model was originally suggested by one 

of our members, Ken Harrison, and has been the 

subject of close scrutiny to ensure legal compliance 

and that it fits the Club's needs. The result is that 

your Committee believes this financial model is an 

3

From the Commodore 

excellent solution for the Club and, if 

members endorse this solution at the AGM, we will 

proceed to finalise the sub-lease allowing 

construction to start before the end of this year. 

Members will be asked to approve the final 

agreement. 

House 

Much has been rumoured about Nigel Peck’s great 

donation to recreate our Clubhouse to suit RYCV's 

growing needs into the future. Now that we have the 

advanced plans, arrangements are being made to 

transfer Nigel’s donation to the Australian Sports 

Foundation (ASF). The advantage with ASF is that 

donations can be made project specific, which meets 

Nigel’s wishes, and when the transfer of his funds is 

complete, members who also wish to donate will be 

able to make tax-deductible additions to Nigel’s gift. 

We have held off on this project until the Marina 

plans were completed and when the Marina is fully 

financed and approved by members, General 

Committee will focus on the House. 

Yard 

With the Para Worlds disrupting the yard’s 

activities, it was a difficult first half to the season, 

but now, with our increased hardstand space, we are 

lifting many larger Kindred Club vessels, which in 

turn contributes valuable income to our Club. We 

had a visit by WorkSafe earlier this year that 

resulted in some necessary and beneficial changes to 

the Yard and more of these changes are planned to 

come. I cannot stress enough the attention we must 

all pay to OH&S, it is now considered a necessary 

and responsible way of life and will not go away, so 

our members and staff need to embrace the changes 

that we are enforcing. 

Finally, in June this year, Royal Yacht Club of Victoria 

received Yachting Victoria’s Yacht Club of the Year 

award. This is a prestigious award for an 

outstanding effort by all RYCV members and staff 

who helped to run events and contribute to the 

Club’s operations over the last year and the 

accolades in receiving this award go to all these 

generous individuals. Congratulations. 

I must thank Alex Campbell, Treasurer, Anthony 

Beck, Membership Chairman and David Ellis. Club 

Captain who are all retiring from GC. Their 

contributions have been excellent and I am sure they 

will be sorely missed. Well done. 

I also must thank the GM, Alex Macgillivray for his 

assistance in helping get the 65 year lease signed, 

being part of the Para Worlds, working hard in the 

background helping with liaison with our major 

contributor for the clubhouse and for assisting in 

getting the YV Yacht Club of the year. 

From the Club Captain 

David Seaman 

Commodore 

Club Captain 

David Ellis 

4

Race Director 

Committee 

Measurer and Handicapper 

Safety Inspectors 

David LeRoy 

Blake Anderson, 

Samantha Smith, 

Andy Merlot, 

Joe Wetzels 

John Duffin 

Bernie Webber, 

Andy Merlot, 

Joe Wetzels 

The highlight of the past sailing season was the successful 

running of what amounted to three World Championships 

run side by side during the Para Worlds event in 

November. As the final qualifier for the 2016 Rio 

Paralympic Games, the event was very well supported 

amongst the disabled sailing community and the Club 

hosted 140 competitors from thirty-one countries, a truly 

international event. 

The huge volunteer input created a very good feeling 

around the Club and thank you to all those members that 

gave up their time to assist. As a result of your efforts the 

Club was acknowledged as the Yacht Club of the Year at 

this year’s Yachting Victoria Annual awards. An award 

that all members can be justifiably proud of. 

Club performances on the water were below what we 

have come to expect with Top Gun being the only 

divisional winner in the Club Marine Series, taking out 

IRC in Division 2 and runner up in AMS. Cadibarra 8 was 

runner up in Division 0 AMS and One for the Road, runner 

up in Division 1 PHS. 

Top Gun was also successful at the Festival of Sails, 

winning the IRC State Championships in Division 2. Merak 

was runner up in the S80 division, Way 2 Go, One for the 

Road and Kookaburra all made it onto the podium in the 

Cruising Divisions and the Club won the IRC and 

Advertiser team’s trophies. 

At the annual Presentation Night, Gary and Fiona 

Prestedge’s One for the Road was awarded the Club 

Champion boat prize following a successful season of 

racing across both offshore and inshore events. Their 

navigator Joe Wetzels was determined to be the Crew 

Member of the Year, Paul Lindemann and his much 

travelled family on Biddy Hu II were awarded the 

Cruising Sailor of the Year and Max Peters was awarded 

this year’s Yachtsperson of the Year. Special awards were 

also made to Bonnie Schultze and Alan Sheers for their 

outstanding contribution as crew-members. 

Congratulations to each of you. 

After nine years this will be my final report as Club 

Captain. Where the focus previously was on delivering top 

class events to our members and the wider sailing 

community this is less a priority now and the focus needs 

to shift to ensuring that skippers and crews are 

adequately trained and prepared for a day on the water. 

Unfortunately as a sport, we are not very good at selfregulating 

and recent incidents suggest that greater 

attention needs to be paid to man overboard recovery and 

proper use of marine radio. I am currently sitting on a 

panel that is reviewing communications requirements in 

the Special Regulations and I expect that an operational 

VHF radio and crew appropriately trained to operate it 

will become a requirement in all of the races run by the 

Club. Troy Croft is standing as Club Captain and I am sure 

that he will fulfil the role admirably. Troy has a good 

background in the sport as a competitive sailor but also 

brings a wealth of experience in employee relations and 

work place standards, which the Club badly needs. 

The present committee has divisions that do not enhance 

the smooth operation of the Club, such as committee 

members holding secret meetings, coaching staff 

members to make unfounded complaints regarding the 

management and being actively engaged in poor 

behaviour that disparages the Club and its Commodore. I 

urge members when voting for new committee members 

today to put people up for the committee that have a 

vision for the future, not one rooted in the past. 

For the future, the Club has a sixty-five year lease, it’s 

capable of running world-class events and there are some 

exciting plans in the pipeline that will potentially bring 

back members who want to race competitively at a Club 

with excellent facilities 

In closing, I wish to acknowledge the efforts, 

professionalism and friendship of David LeRoy, a person 

who has contributed enormously to the Club over many 

years and one who can be relied upon to put the interests 

of the Club first. 

Thank you David. 

David Ellis 

Club Captain 

5

Development Committee 

Development Committee, Marina Project Committee 

and Clubhouse Project Committee 

For the past year the Development Committee has 

focussed on the marina project and the initial design 

development of the proposed new clubhouse, the 

latter project being possible due to the extremely 

generous gift to the Club by Nigel Peck and his 

family. 

It is now just over one year since our new 65-year 

land and seabed lease commenced and the above 

projects are the two major redevelopment items to 

which the Club has committed to complete during 

the next few years. 

With a 65-year tenure over our land, sea bed and 

existing facilities, the Club can invest in capital 

works with complete confidence that all of the 

benefits will be retained by the Club for the 

foreseeable future, enabling the Club to achieve the 

outcome sought by its Vision statement, ‘The Royal 

Yacht Club of Victoria will be a leading yacht club in 

Australia’. 

The progress on the marina project has included 

obtaining further approvals, extensive work on 

financing options, a presentation to neighbouring 

stakeholders, further design of wave attenuation, 

applications to Parks Victoria for a works permit, 

refinement of the marina layout to ensure 

accommodation of our existing fleet and an 

investigation of current occupancy and demand for 

marina berths at the north end of Port Phillip. 

With regard to the design and construction of the 

new Marina, the Club has received tenders from 

various contractors for both the marina and the 

wave wall required to attenuate ship generated 

waves. No further decision will be made regarding 

contractors until the project is approved by 

members which is expected to be made within the 

next few months, depending on the date Parks 

Victoria approves the proposed basis of sub leasing 

and issues the Works Permit. 

Of most interest to members will be the cost of 

occupying a berth for their boat in the marina. We 

are working towards having a schedule of berth fees 

which are generally in line with those charged for 

similar facilities by kindred clubs situated at the 

northern end of Port Phillip. 

Subject to two approvals to be provided by Parks 

Victoria, we will have satisfied all Statutory 

requirements. Following receipt of these, the future 

is reliant on the obtaining of finance and most 

importantly, member approval to proceed with the 

project. 

The Marina Project Committee has met weekly to 

continue the process of ensuring that a state of the 

art facility is developed at the minimum possible 

cost to members, both in terms of capital and also 

annual charges. Given the amount of time 

contributed by all involved, I wish to thank the 

Club’s volunteers, staff and contractors for their 

hard work, commitment and dedication during the 

past year. The members of the Marina Project 

Committee (MPC), include Commodore David 

Seaman, Vice Commodore Michael McLean, Rear 

Commodore John Duffin, PC Peter Bedggood, PC Ray 

Borrett, Hon Treasurer Alex Campbell, PC Andrew 

Munro, Michael Baines and General Manager Alex 

McGillivray. Martin Hirons and Ben Manning from 

Sports Business Partners, and our project managers, 

Chris Nash and Paul Carstairs from Nash 

Management have provided outstanding guidance 

and industry knowledge. Tom Atkins and Roger 

Wilson from AW Maritime, have completed all of the 

engineering documentation including wind, wave 

and weather analysis of our environment to ensure 

appropriate provision of wave attenuation. 

We look forward to placing this project before you 

for approval within the very near future. 

In August 2015, our Commodore, David Seaman 

announced the wonderfully generous pledge of a 

donation to our Club of $5M by Nigel Peck and his 

family for the redevelopment of the Clubhouse. The 

Development Committee, will have the 

responsibility of delivering the new project. 

6

Development Committee 

To date, our Architect, Peter McIntyre, has 

developed concept plans for a new Clubhouse which 

have been on display in the Bar, and have also been 

presented at member information sessions from 

which the committee has received valuable feedback 

and particularly supportive and favourable 

comments. Following much of the member 

comment an application for town planning approval 

by Parks Victoria has also been lodged. Unlike the 

marina, a planning approval is required for a new 

Clubhouse. 

supplemented by the additional facilities resulting 

from the development of a new Clubhouse. 

John Forsyth 

August 2016 

The team of consultants for the new Clubhouse, 

comprises our highly respected architect, Peter 

McIntyre and quantity surveyor, Slattery Australia 

and project managers, Nash Management. Both the 

Clubhouse and marina projects will benefit from 

Nash’s input, assisting the General Committee to 

achieve an appropriate level of governance in 

respect of these projects. 

The Club has requested that Nigel Peck's pledged 

donation be placed with the Australian Sports 

Foundation to ensure we can continue with our 

planning. However, given the projected total cost, 

including professional fees and dislocation costs, of 

around $7.5M, a further effort, to raise additional 

funds to supplement the donation, is required. It 

should be noted that the Club has not spent any of its 

funds on the project, to date. 

My thanks to the Clubhouse Committee which 

included Commodore David Seaman, Cath Beaufort, 

Alex Campbell, General Manager Alex McGillivray 

and Peter McIntyre our Architect. My thanks also to 

Doug Shields for his valuable input. The committee 

was also extremely well assisted by a sub-committee 

chaired by Past Commodore Michael Smith and 

comprising Anne Smith, Doug Shields, David Allen 

and Jim Clifford which prepared the design brief for 

the new Clubhouse. Thank you for completing such 

a valuable document. 

This has to be one of the most exciting eras for 

Royals. When finished the floating marina will place 

our Club in the position of offering members 

outstanding sailing facilities which will be 

7

2015 Para Worlds 

Background 

This was the only the second time this event had 

been attracted to Australia. Its importance was 

emphasised by being a qualifying opportunity for 

the Rio 2016 Paralympics for many of the 

competitors. 

The event occurred just after a number of name and 

organisational changes. The International 

Association for Disabled Sailing (IFDS) became the 

Para World Sailing Committee. The International 

Sailing Federation (ISAF), which is responsible for 

sailing worldwide, became World Sailing. All sailing, 

including Para World Sailing is now conducted 

under the auspices of World Sailing via the National 

and State bodies in each country. Thus the event 

became the 2015 Para World Sailing Championships. 

The Royal Yacht Club of Victoria (RYCV) at 

Williamstown was proud to conduct the first regatta 

under the new name from November 23rd to 

December 3rd 2015. 

Organisation 

The committee met monthly for well over a year. 

Members of that committee covered the main areas 

required for the event such as the following: 

• Sailing 

• Administration including a Regatta Secretary 

• Shore logistics 

• Finance 

• Media and Communications 

• Sponsorship 

• Volunteers 

• Hobson Bay City Council Liaison 

• House and Social 

Closer to the event time, we had key people 

nominated to look after specific areas of the event 

such as container and yard logistics, the setup and 

operation of the competitor centre, marina setup 

and management and entertainment and catering, 

and volunteers. 

Marketing 

Most of the marketing was done via the event 

website and social media, in addition to the more 

traditional methods such as e-news and direct email. 

The event website is still operational and the URL is 

http://www.ifdsworlds2015.com 

This not only served as the main point for all 

information related to the regatta but also acted a 

notice board for any changes to sailing instructions, 

notices to competitors and of course results. 

We also created an event page on Facebook but 

swapped to a Para Worlds generic page updated 

with RYCV specific information. Link as follows: 

Para World Sailing Championships 

Sponsorship 

Apart from the major sponsorship from the 

Victorian Government, we received significant 

assistance from Hobson’s Bay City Council in many 

ways. 

Event partners were: National Australia Bank, Oatley 

Wines and Pik Nik Cafe. 

Event Supporters were: Penfold Motors, Power 

Drive Marine, Horner Recruitment. 

Event suppliers were: Nautilus Marine Insurance, 

Musto, Ronstan International, Construction 

Electrical Services, Stokes and Bell, City West Water, 

Myoki. 

In Addition we also had the Club’s regular sponsors. 

Entries and the Numbers 

The final entries were 83 boats, 136 sailors from 31 

countries across the three classes as follows: 

Single person 

2.4mR 

48 boats 48 sailors 

Two person 

SKUD 18 


Three person 

Sonar 


Registered 

Coaches 

100 coaches and 

support staff 

Volunteers 150 

Family and 

others 

100 

Public and 

others 

Estimated 100 

Total number of people – 586 

8


As Australia only had two entries from each class the 

vast majority were from overseas. There were only 

two entries from Victoria meaning the incremental 

economic impact for Victoria and Williamstown was 

significant. 

Additionally nearly half the fleet remained for the 

Sailing World Cup – further extending the economic 

benefit for Williamstown and the State. 

The event was a non-ticketed event, and therefore 

opens to anyone to come and visit. 

Operations 

Possibly the biggest operational issue we had to 

contend with was the need to construct a temporary 

floating marina inside our existing piled marina. We 

managed to secure the supply of floating marina 

infrastructure from Walcon Marine in Sydney. This 

involved trucking the marina units down, 

installation and setup and then uninstalling and 

transporting back to Sydney after the event. We also 

managed to obtain some additional marina units 

from Parks Victoria to supplement the Walcon units. 

However due to the larger than expected number of 

entries we still had to negotiate with Savages 

Marina, close to RYCV for additional space for 12 

yachts. Despite these difficulties, everything worked 

exceptionally well, once it was set up and spaces 

allocated to the sailors. However the consequence of 

this meant there was a major budget/cost 

implication for the event. 

Most yachts were sent to the Club by container. We 

utilised both, part of our carpark, and the hardstand 

to unload the containers and then send them away 

again. About 9 countries requested that their 

containers be left at the Club and we were able to 

accommodate them utilising part of the car park. 

We set up a competitor centre, which was a large 

marquee in addition to the Clubhouse. The centre 

included site offices, accessible toilets and showers. 

The centre was used for boat and sail measuring, 

information desk, medical classification and the 

regatta office. It also became the entertainment and 

catering space including the opening and closing 

ceremonies and worked perfectly. 

From a sailing operations point of view, we were 

very successful. All eleven races were conducted on 

schedule across a range of both weather and sea 

state conditions, ensuring an exciting regatta. The 

International Jury consisted of members from 

Australia, Canada, China, Japan and New Zealand. 

The classification team consisted of members from 

9


Australia, Israel, Germany and France, whilst the 

measurement team consisted of members from USA, 

Canada, Sweden and Spain. 

Volunteers 

The event was managed entirely by volunteers. 

We had a designated volunteer coordinator looking 

after all volunteer requirements throughout the 

regatta. The Club has a very good history of 

volunteerism and this was a great opportunity for 

them to assist at an event that is just a bit different 

to most that we run at the Club. We also had 

volunteers from the community, friends and 

colleagues of members, volunteers from other clubs, 

interstate and international volunteers. In all there 

were approximately 150 volunteers involved, before 

during and after the regatta. 

Media 

We were fortunate in having an excellent media 

team including: 

• 2 very good sailing photographers 

• The Club’s own media and Comms people 

• Daniel Smith – Website and Media Coordinator - 

World Sailing (Formerly ISAF) 

• Cora Zillich - Communications andSponsorship 

Manager- Australian Sailing 

The benefit of the World Sailing and Yachting 

Australia involvement was the major international 

exposure received, as reflected in the social media 

below. 

Highlights included: 

• A 5 minute segment on the ABC 774 with Jon Faine 

• Two radio segments on 8 RPH Adelaide 

• Segment on 3AW 

• An interview with Liesl Tesch on ABC Television 

(see links in Appendix A) 

• At least two articles including photographs in The 

Age 

• Local papers, The Leader and The Star Weekly 

• An article on the back page of the Australian Jewish 

News featuring the Israeli Team 

Some of the social media highlights were: 

• Facebook - video views – 150,000 on social media. 

Reached 200,000 people in 45 countries with 20,000 

actively engaging (liking/commenting) 

• Instagram - 73 posts on using #ParaWorldSailing – 

20,000 likes and 427 comments. 

• The website was getting in the order of 200,000 

hits, especially once results started coming in. 

Coverage worldwide was extensive, mainly via the 

web and on-line services reaching into at least 20 

countries. 

Conclusion 

The World Sailing Technical Delegate from Canada 

announced at the closing ceremony that it had been 

the best world championship ever. All the sailors 

and coaches enjoyed a well run and organised 

regatta with very few problems, at least nothing 

major. There was nothing but praise for the 

dedication and commitment of all those concerned, 

the Club staff, the Organising Committee and the 

Volunteers. 

It was an outstanding event for the demonstration of 

the opportunity for the inclusion of people of all 

abilities in sailing, and indeed in all sport. 

Both the number of entries and the estimated 

economic benefit for Hobsons Bay, Melbourne and 

Victoria exceeded our plan. 

This event is something the Club is very proud of 

and hopefully will lead to running other events in 

the future. 

Huge thanks to all the volunteers including all the 

committee members. Also a huge thank you to David 

Le Roy and his race management team who 

conducted some of the best racing ever. 

Michael McLean 

Chair Organising Committee – 2015 Para Worlds 

10

Sail Training and Development 

Although the committee has at times struggled to 

find meeting times where we are all available, this 

hasn’t stopped it being another busy year for the 

Royals Training Centre with almost 900 participants 

in courses ranging from tackers, keelboat courses at 

various levels, powerboat handling, diesel 

maintenance, crane operators and marine radio 

courses. And that is not counting the various school 

groups that have come through the Training Centre, 

including our new neighbours, The Sandridge 

School, Spotswood Primary School, and 

Williamstown High School. 

Whilst tackers remains popular, this past year has 

seen a big increase in numbers for the various 

powerboat courses, particularly those that assist 

boaters in gaining their license. 

to be re-rigged and put back into use. Many thanks 

to those that stripped it down initially, and then 

special thanks to Bernie Webber for the paint job. 

Hopefully we can refurbish all of the fleet over time. 

I would like to thank the committee members, Ian 

Fox, and Tony Johnson-Sneddon for their hard work 

and attendance over the past year. If any members 

would like to join this sub-committee, could they 

please contact either Ian Fox, or me we would 

appreciate your contributions. 

Michael McLean 

Chairman Sail Training and Development 

Committee 

Discover sailing days also remain popular. This last 

year saw two days run with over 50 participants, 

and about 10% conversion to memberships 

occurring. 

Financially the Training Centre finished ahead of 

budget but there remains a subsidy from other areas 

of club operations. As in previous years we are 

continuing to look at ways of increasing revenue and 

broadening the courses offered to attract all sailors 

and boat owners. All the currently advertised 

courses are listed on the RYCV website under Royals 

Training Centre, and are drawing lots of interest. If 

you are keen, check the website or get in touch with 

Ian Fox. 

If members would like to contribute to any of the 

training programs by way of donations (which are 

tax deductible through the Australian Sports 

Foundation Sail Training Fund) they can do so by 

contacting either Ian Fox or the office. 

The Club still has its charter arrangement with Royal 

Brighton Yacht Club who have two of our Elliot 5.9’s 

to use for their programs. The conditions of that 

charter are such that they will maintain them, paint 

them and make them available to RYCV on the 

occasions that we need them. 

Members will have noticed a very smart looking, 

freshly painted yellow Elliot in the carpark waiting 

11

Off The Beach (OTB) 

The 2015 – 2016 season has seen slightly lower 

participation that the year before but Royals 

continues to be a strong supporter of OTB sailing 

with participation across a variety of classes 

including International Cadets, Laser 4.7s, radials 

and full rigs plus 29ers to provide some high speed 

skiff excitement for the young and not so young. The 

OTB committee is determined to grow the fleet and 

several initiatives are being undertaken to try and 

boost participation and membership. This will 

include some come try sailing and information 

sessions for potential members and their parents. 

On August 8th we hosted an information session 

that was attended by 17 new families representing 

24 potential junior members. Our plan is to get all of 

these kids on the water either through the Tackers 

programs run by the Sailing Academy or through 

participation in some introductory racing activities 

we plan to run on Sunday mornings. Among the 

potential new sailors were the children of some 

Cadet sailors from days gone by. It is great to see this 

intergenerational support for the Cadet class. It has 

really stood the test of time. 

Cadet Class 

A new generation of Cadets crews are starting to 

assert themselves on the race course. This years, 

club aggregate was won by Peter Allen and Mats 

Maertens in Spitfire taking over from last year’s 

winners, Clare Olding and Django Ward in 

Clarebuoyant. Peter and Mats did not have it all 

their own way however as Clare and Django took out 

the annual Club Championship event. 

This year’s National Championships were hosted by 

Middle Harbour Yacht Club and the racing was 

conducted on the stunning waters of Sydney 

Harbour. Six Royals boats made the trek North 

including Spitfire, Hold On, Bullant, R&R, 

Clarebuoyant and Jonathon L. Best performing 

Royals boat was Clarebuoyant in 19th followed by 

Bullant (41), Spitfire (43), Jonathon L (56), R&R (62) 

and Hold On in 67th. 

During the year some of our more senior Cadet 

sailors have moved on and are now actively sailing 

29ers. A notable achievement for this season is the 

recent 24th place (out of 229) of Louis Schofield, 

crewing for ex Cadet world champion Tom 

Alexander (RGYC) at the 29er World Championships 

held in Medemblik, Holland. Louis is now a member 

of the Victorian Sailing Team and we expect he will 

continue to represent RYCV with distinction. 

Senior OTB 

10 senior boats entered the 15/16 summer season. 

About 5 fewer than last season. Classes represented 

included Lasers of various rig sizes, some people 

using the club Pacers and 49ers. It is fair to say that 

the racing on the seniors is a practised to a lesser 

degree of seriousness than the Cadets. This 

represents the demographic that is supported. Half 

the fleet is comprised of members of more senior 

years who are enjoying a return to the pleasures of 

dinghy racing and the other half is made up of late 

age teenagers who have grown out of their Cadet but 

now have an opportunity to stay active within the 

club and sail when that can while still working 

towards completing year 12 studies. The OTB 

committee feel that both of these sub groups are 

worth supporting as it keeps people engaged in the 

club. 

Volunteers 

As usual the OTB on water action was supported by 

an army of volunteers to man the canteen, the start 

boats and the safety boats. Thanks to all who helped 

make it a successful and safe summer of sailing. 

Special thanks to the 2015 2016 OTB committee 

who have worked hard each week to run the OTB 

activities. 

Guy Schofield 

David Johnstone 

Damien Purcell 

Jo Sasse 

Coral and Ray Allen 

Thorsten Maertens 

Next Year 

It is encouraging to see that the OTB fleet continues 

to be well supported by the wider RYCV community 

and the OTB committee will strive to grow OTB 

participation as part of the club broader sailing 

activities. Continued thought and effort needs to go 

into bringing new sailors into the program as well as 

12

Off The Beach (OTB) 

keeping them active for longer. The committee 

continues to believe that supporting a range of 

classes will increase the number of active OTB 

sailors and extend the number of years that they are 

active. 

A gap continues to exist for those kids who have 

gone through the YV tackers program but have not 

yet found themselves a spot in the front of a Cadet. 

The Club tends to lose these potential new sailors as 

there is no clear way for them to stay engaged. For 

the upcoming summer season, the OTB group would 

like to trial running low key racing on the club side 

of the channel in the Clubs fleet of OPTIs so that that 

these kids get a regular sail on a Sunday morning 

and can hang around to pick up a ride in a Cadet if 

there are any spots for the Sunday Afternoon racing. 

This will require an extra level of planning and 

volunteering. Any parents or experienced sailing 

instructors who would like to support this new 

initiative would be very welcome. 

Tim Olding, 

OTB Cub Captain 

2015 Senior OTB Register (active boats) 

Sail Number Name Class Skipper 

Aus466 Kaos 29er H Croft 

AUS1573 Frequent Flyer 29er D Johnstone 

Aus1409 Frustration 29er C Prestedge 

13606 Ornament Laser P.Roberts 

117069 Irish Ruffus Laser C Black 

141869 Skirmisher Laser J Black 

168668 Hijack Laser J.Prestedge 

182966 Athena Laser E Johnston 

202698 Goodbye Porpoispit Laser M Smallwood 

2016 Cadet Club Register (Active Boats) 

Sail Number Name Skipper/Owner Crew 

5663 Redpath P Mills K Arnold 

5759 Foxy Lady M Holloway T Ronchi 

9611 Hold On L Allard N Allard 

9617 Bullant Ned Peace O Kirkpatrick 

9626 Clarebuoyant C Olding J Ward 

9779 R & R E Allen E Maertens 

9822 Spitfire P Allen M Maertens 

9931 Jonathan L L Schofield T Mihaka 

2015 – 2016 International Cadet Class Results 

Trophy Note Winner Skipper Crew 

Cadet Club Aggregate Scratch Spitfire Peter Allen Mats Maertens 

Aoma Trophy Hcap Club Aggregate Bullant Edward Peace Oscar Kirkpatrick 

Djemma Trophy Best Girl Skipper Clarebuoyant Clare Olding Django Ward 

Malcom Anderson Best First Year Skipper Hold On Lisette Allard 

The Cup Best Royals Boat at Nationals Clarebuoyant Clare Olding Django Ward 

Arch Cawthorn Trophy Skipper as Crew Mats Maertens 

Cadets Club Championship Scratch Clarebuoyant Clare Olding Django Ward 

Hillenar Trophy Best Royals boat in Sprint Series Clarebuoyant Clare Olding Django Ward 

Commodore Trophy Scratch Spitfire Peter Allen Mats Maertens 

Jan Trophy Scratch Spitfire Peter Allen Mats Maertens 

Smart Trophy Scratch Spitfire Peter Allen Mats Maertens 

Sheeba Trophy Scratch Clarebuoyant Clare Olding Django Ward 

Philip Miller Memorial Most Tenacious Crew Mats Maertens 

Walker Warner Most Tenacious Boat R&R Emily Allen Emma Maertens 

Mothers Encouragement Award 

Lisette Allard 

Coaches Award Foxy Lady Marlon Holloway Tim Ronchi 

13

House & Social 

With the 2016-17 sailing season just around the 

corner, the House and Social Committee have been 

busy overseeing some great events. The junior film 

night was well attended and enjoyed by many 

families. Our thanks to Past Commodore Mike Smith 

and the Sun Theatre for providing the movie 

‘Oddball’. 

Other successful events included: St Patricks Day 

with an Irish band, dancing performance and lesson 

and the Family Fun Day comprising magic tricks, 

jumping castle and face painting. 

This was highlighted at the 2016 presentation night, 

where members and guests were treated to a 

gastronomic wonderland. 

The ‘Girls Night In’ was well supported by 

approximately 60 girls. Our special thanks to Julie 

Standen for arranging sponsorship and some 

tremendous prizes for the evening. A very handsome 

amount of $2,460.80 was raised for the Pink Ribbon 

Foundation. Well done ladies! 

The House and Social committee look forward to 

more suggestions and ideas that make our club more 

social and user friendly. So please keep the ideas 

coming, after all the club is what we make it and it is 

your club. 

The recent House and Social survey highlighted 

some opportunities for improvement, particularly in 

the dining area. These improvements included the 

appointment of two new house chefs. These house 

chefs have added a new vitality to the dining room 

with a wider range of quality food which has 

resulted in an increase in Club dining patronage. 

A very special thanks to the members of the House 

and Social Committee: Elizabeth Johnston, Fiona 

Prestedge, Eliza Mead, Samantha Smith and Julie 

Standen for their efforts over the past year. 

Thanks also to the club staff that have gone above 

and beyond to assist the committee time and time 

again. 

Colin Johnston 

Chair House & Social 

14

2016 Annual Presentation Night 

Club Member of the 

Year: John Burgess 

Cruising Member of the Year: 

Paul Lindemann & Family 

Crew Member of the Year: Joe Wetzels 

Award of Merit: Alan Sheers 

Yachtsman of the Year: Max Peters 

George Low Trophy: Gary Prestedge 

Award of Merit: Bonita Schultze 

15

Yard & Marina 

The past year has seen much change in the facilities 

of the yard. 

As reported in the Half Yearly Report, the concreting 

of the yard south of the platform lift area has been 

completed. This has resulted in a significant increase 

in our capability to store boats on the hard stand 

from 6 to 12 boats. The installation of a suspended 

slab over the platform lift hole, which will complete 

the task, will be undertaken when club finances 

allow. 

Earlier in the year we were audited by Worksafe and 

were required to undertake a number of 

improvements, namely; 

a. Minor modifications to the travel lift to improve safety 

b. Replace the yard tractor with a forklift. 

c. Store flammable materials such as fuel, LPG, paint and 

thinners in suitable areas. 

d. Placarding of hazardous chemical storage. 

e. Implementation of a traffic management plan for the work 

areas. 

f. The mast crane located on the eastern travel lift finger to be 

removed. 

g. Replacement of the old ULP storage tank with a bunded tank. 

h. 25 year inspection of all cranes 

i. Revised securing of boats in hardstand and mobile cradles. 

Your Club responded well to this challenge and I 

congratulate all staff led by the GM in meeting the 

Worksafe requirements in a timely manner. My 

particular thanks go to John Burgess, Rodney Alsop 

and Peter Miedecke for generating the procedures 

and documentation to support the operational 

changes. 

We have contracted an audit of all yard equipment 

to identify engineering and structural issues. These 

will be remedied as part of an overall safety and 

improvement programme. 

Repairs to the piled marina and 12m travel lift 

fingers have recently been undertaken, together 

with an upgrade of electrical supply. Pile 

maintenance and repair will be an ongoing and 

increasing cost until it is replaced with a floating 

marina. We recently asked members to upgrade 

their electrical supply connectors used within the 

marina to a waterproof plug, and I am pleased to 

report we had a very good response. We have also 

installed additional electrical outlets on the marina 

as more boats are now requiring power. 

The new proposed floating marina will be a major 

focus for the Club in the next 12 months. Proceeding 

with the floating marina will be the most significant 

financial decision the Club has had to make, and it 

will guide the destiny of the Club for many years to 

come. 

The successful Para Worlds meant a temporary halt 

to yard operations and some members were 

inconvenienced for a short period. This was 

minimised by the co-operation of the members. 

Yard and Marina Committee 

John Burgess (Secretary) 

Steve Iosifidis 

Alex McGillivray 

Doug Hem 

Rod Alsop 

Sandy Doull 

Peter Miedecke 

Tony Johnson-Sneddon 

My thanks go to the Yard and Marina Committee for 

their support and input and to Steve Iosifidis and 

Joel Taranto for their work in the yard during what 

has been a difficult time. 

We welcomed Tony Johnson-Sneddon to the 

committee and farewelled Mal Botterill. Mal has 

been a long serving member of the committee and is 

now looking to spend more time on his boat. Tony 

has done valuable work on reviewing our 

operational yard cost structures. 

John Duffin 

Rear Commodore 

Chair Yard and Marina 

16

Communications 

Since the Half Yearly General Meeting earlier this 

year, members of the newly formed 

Communications Committee have been working 

hard to review the way our Club engages with its 

members. Our first order of business was to evaluate 

the current platforms of communication utilised by 

the Club including social media, the website, weekly 

email newsletter (e-news), text messaging, the 

Royals magazine and the postage system. As part of 

this process, we conducted a member survey in April 

to gauge how our members felt about the use of 

these platforms and the type of information they 

would like to see more of. 

We received a significant amount of constructive 

feedback from the survey, which was discussed 

during our scheduled monthly meetings. From these 

discussions, we formulated a report of the findings 

detailing how the Committee would implement the 

feedback. The survey feedback highlights some key 

areas for improvement including having more 

regular updates from committees, utilising a variety 

of platforms to communicate to our broad 

demographic and keeping information up to date 

across all of these platforms. The full report is still 

available online and at the office if you’d like to read 

more. Based on your feedback, the committee is now 

working on developing a communications strategy 

to help guide and direct future communication with 

our members. Your feedback will also be used to 

develop a social media policy that will help us to 

maintain a professional reputation online. 

members of the Club. 

Another significant project has been the Royals 

Magazine, which will now be produced on an annual 

basis and will more closely resemble a yearbook, 

encompassing a record of highlights from 

throughout the year. At this stage, the yearbook for 

2015-2016 is nearing completion and we would like 

to thank everyone who has made a contribution and 

shared their stories with us. As Chairperson of the 

Communications Committee, I’d also like to 

particularly thank and acknowledge the impressive 

efforts of Claire Fazakerley and Julie Neyman who 

have been working tirelessly to produce our new 

publication. Most recently, the Committee and some 

willing volunteers have also been working on the 

‘Portraits in the Pens’ videos which we expect you’ll 

see more of soon. 

On behalf of Sallyann Bennett, Alexandra Doran, 

Claire Fazakerley, Cameron Mead, Julie Neyland, Joe 

Wetzels, Danielle Cooper and myself, I would like to 

thank all members for your support since the 

formation of our committee and we look forward to 

working with everyone on developing an engaging 

environment at our Club. 

Elizabeth Johnston 

Chair 

Communications Committee 

One of our biggest projects for 2016 is the 

development of the new Club website, which was in 

the late design stages at the time of writing this 

report and about to move into the final phase. The 

website is in many ways the public face of the Club, 

so it is hoped that the updated site will send a 

positive message to the general public that we are a 

professional organisation and that our beloved sport 

is inclusive of the broader community. Your survey 

feedback and analysis of our current website also 

allows us to maintain and develop some key features 

which are important to our members. This will 

include a new members log in area where we can 

share information that is specifically targeted to 

17

Membership 

Over the year in review the Membership Committee 

has worked to protect and build our membership 

base. 

Recruitment Strategy 

Our strategy focusses on; 

-impressing upon senior members the obligation to 

ensure their crew have an appropriate membership 

-improving our value offering to retain members 

-seeking to make the introduction and induction 

process for new members as a friendly welcoming 

experience 

-promoting sailing as a fun, healthy recreation at all 

levels. 

To this end we have 

-conducted new member evenings 

-participated in “Discover Sailing “as a measure to 

attract new participants to our sport. 

-participated in local community events to promote 

our Club 

-continued to review our membership structure and 

make changes as necessary 

-encouraged senior members to assume 

responsibility for the membership status of their 

crew 

-conducted membership “audits” 

Dean Jackson and Susan Webber have worked 

tirelessly in contributing to the Committee’s work 

and recruiting and welcoming member – thank you. 

Danielle has been the Committee’s major resource 

and any success the Committee has recorded is 

largely due to her hard work, enthusiasm and 

leadership. 

Ian and Alex have also been very valuable 

contributors and I record my gratitude to them also. 

Can I also thank those many senior members who 

have proposed new members to the Club-your 

support and advocacy of our Club is sincerely 

appreciated. 

Renewal 

With vacancies on the Committee – consistent with 

our past practice we have advertised for expressions 

of interest from any interested members – this will 

be an opportunity to renew the Committee. 

Anthony Beck 

Chair Membership Committee 

Over the year we have recruited 77 new members 

while losing 58 members to resignation and strike 

off for a total membership of 902 (as compared to 

883 last year) 

Gratitude and Welcome 

Long serving Committee member Graeme West 

resigned from our Committee after distinguished 

service to members over many years. Graeme has 

been a source of great wisdom and advice to me and 

the Committee and very friendly point of welcome to 

all our new members. Thank you Graeme. 

Catherine Borazio also resigned ( after giving birth 

to the Club’s youngest member) Catherine has made 

an invaluable contribution to our considerations and 

will be missed. Thank you Catherine. 

18

Membership 

Category: 2013* 2014* 2015 2016 

Honorary Life 29 30 30 30 

Honorary 3 3 3 3 

Life 5 5 5 5 

Senior 423 411 395 392 

Non-Active 32 30 24 21 

Young Senior 33 39 43 48 

Junior 73 59 48 44 

Crew 16 3 2 0 

Family 47 50 53 57 

Absentee 48 45 40 44 

Junior Family 7 3 6 6 

Associate 37 42 56 60 

Sailing 156 161 151 161 

Country 4 5 4 4 

Suspended 9 11 23 27 

921 897 883 902 

During the financial year ending 31 st May 2016 

2013 2014 2015 2016 

Members elected 78 77 72 77 

Resignations -50 -88 -69 -41 

Struck Off -5 -10 -9 -14 

Obituaries -2 -3 -8 -3 

Total Increase/(-Decrease) 21 -24 -14 19 

* Please note prior year figures have been adjusted to account for suspended members and correct timing for resignations 

and strike-offs. 

It is with regret that the Club records the deaths of Ronald Botica, William Owen & Geoff Church. 

During the Club’s financial year there were 77 candidates interviewed with those being elected comprising of 15 

Seniors, 7 Family, 23 Sailing, 5 Young Seniors, 14 Juniors, 11 Associates, 1 Absentee & 1 Country. 

19

Membership 31 st May 2016 

1979 AARON Luke Senior 

1995 ABRAHAMS Peter Senior 

2001 AHLSTROM Daniel Absentee 

2014 AITKEN Alexander Associate 

1998 AITKEN Sandra Senior 

1986 ALEXANDER Anthony Associate 

2011 ALLARD Bernard Senior 

2011 ALLARD Lisette JunFamily 

2011 ALLARD Nicholas JunFamily 

2011 ALLARD Sarah Family 

2010 ALLEN Coral Sailing 

2012 ALLEN Cyrus Senior 

1999 ALLEN David Sailing 

2014 ALLEN Emily Junior 

2013 ALLEN Peter Junior 

2010 ALLEN Raymond Sailing 

2015 ALLPRESS James Junior 

2011 ALLUM Rex Sailing 

1994 ALSOP Rodney Senior 

2016 AMBROSE Isaiah Sailing 

2007 ANDERSON Blake Young Senior 

1958 ANDERSON Colin HonLife 

1965 ANDERSON Douglas HonLife 

1945 ANDERSON Malcolm HonLife 

2006 ANDERSON Nola Family 

1997 ANDERSON Ross Senior 

2004 AQUILINA Charlie Sailing 

2010 ARMITSTEAD Glenn Sailing 

2013 ARMSTRONG Francesca Associate 

2004 ARNOLD John Family 

2015 ARNOLD Kane Junior 

2012 ASKEW James Country 

2013 ATTERSALL Lincoln Sailing 

1998 AYRE John Senior 

2010 BAADE Britta Senior 

2006 BADENOCH Rebecca Associate 

2008 BAINES Michael Senior 

2008 BAJAN Tessa Young Senior 

2009 BAKER Jacinta Family 

2008 BAKER Tom Sailing 

2014 BALDWIN Peter Absentee 

2015 BARCLAY Ian Sailing 

2014 BARKER Rodney Associate 

2002 BARLOW Ruston Senior 

2012 BARNES Bernadette Associate 

2010 BARNETT David Senior 

2002 BARTLEY Paul Sailing 

2015 BASKETT Archie Junior 

2015 BASKETT David Senior 

2012 BATH Glenn Sailing 

1996 BATSON Anne Senior 

2012 BATSON Karen Sailing 

2002 BAXTER Antony Senior 

2007 BEATTIE Lennie Family 

1995 BEAUFORT Catherine Senior 

2010 BECK Ann Family 

2000 BECK Anthony Senior 

2012 BECK Brendan Absentee 

2007 BECK Justin Absentee 

2000 BECK Kenneth Sailing 

2002 BEDGGOOD Helen Family 

1982 BEDGGOOD Peter Senior 

1993 BENGERT Maralyn Family 

1999 BENGTZEN Per Senior 

2015 BENNETT Sally Sailing 

2012 BENNETT Wyndham Senior 

2006 BERTI John Senior 

2010 BERTRAM Berny Family 

2007 BERTRAM Howard Senior 

2011 BERTRAM John Honorary 

1983 BLACK Craig Senior 

2011 BLACK James Young Senior 

2015 BLACKBURN Ethan Junior 

2005 BLANCHOT Jean-Marie Senior 

2013 BLAUBAUM Tim Family 

1998 BLOEDORN Neil Sailing 

2010 BLUNT Tim Senior 

2016 BOERS Marc Sailing 

2010 BOLD Timothy Sailing 

1999 BOOTON Christopher Family 

1998 BORAZIO Catherine Young Senior 

2015 BORAZIO James Junior 

2015 BORAZIO Jason Young Senior 

2000 BORRETT Ray Senior 

1992 BOTICA Grant Senior 

1962 BOTICA Peter HonLife 

1984 BOTICA Scott Senior 

1985 BOTTERILL Mal Senior 

2007 BOUCHER Desmond Senior 

2013 BOURCHIER Michael Senior 

1986 BOURKE Rodney Senior 

2015 BOURNE Neil Sailing 

2006 BOWE Peter Senior 

2014 BOYD Benjamin Senior 

1962 BOYLE John HonLife 

2007 BOYLE Lyndall Family 

2012 BRADLEY David Sailing 

2008 BRENAN Calum Young Senior 

2003 BRENAN Eva Young Senior 

1989 BRENAN Justin Senior 

2010 BRENAN Patrick Absentee 

2012 BRESCIANI Lino Senior 

2014 BRIDGE Ben Sailing 

2012 BRIFFA Henry Sailing 

20


2015 BROCKMAN Jennifer Associate 

2006 BROWN Craig Senior 

1997 BROWN Dale Family 

2012 BROWN Darren Sailing 

2006 BROWN Kate Senior 

2010 BROWN Maddison Junior 

2000 BROWN Peter Senior 

2010 BROWN Robert Sailing 

1999 BROWN Roderick Absentee 

1984 BROWN Timothy Senior 

2011 BROWNE Julian Senior 

1997 BUCKLEY Matthew Senior 

2009 BULLEN David Senior 

1994 BULT Bradley Senior 

2014 BUOY Robert Sailing 

2001 BURDON Kerrie Associate 

1995 BURDON-BEAR Connor Absentee 

1996 BURDON-BEAR Reagan Absentee 

2003 BURGESS Cameron Absentee 

2014 BURGESS Gavan Associate 

2002 BURGESS John Senior 

2012 BURGESS Richard Senior 

1994 BURGESS Timothy Senior 

2002 BURGOINE Philip Senior 

2016 BURKE Susan Sailing 

1969 BURNS Archibald Senior 

2005 BURNS Stuart Senior 

1995 BURTON David Senior 

2014 BUTCHER Paige Senior 

2000 BUTLER Barbara Family 

1989 BUTLER Craig Absentee 

1958 BUTLER Lindsay HonLife 

2000 BUTLER Neil Associate 

2002 BUTSON Wayne Senior 

1998 CAHARIJA Adrian Senior 

2014 CAI Ru Ying Sailing 

2015 CAIRNS Ann Sailing 

2005 CAMELOTTI Liliana Senior 

2003 CAMERON Gregory Senior 

2006 CAMOV George Senior 

1996 CAMPBELL Alexander Senior 

1992 CAMPBELL Stuart Senior 

2005 CANNON Paul Senior 

2004 CANTWELL Gerard Senior 

2004 CANTWELL Leo Senior 

2016 CARABOTT Amanda Associate 

1996 CAREY Simon Absentee 

1998 CAREY Steven Senior 

2000 CARLYLE John Sailing 

2011 CARSON Stephen Senior 

2005 CARSON Tracey Family 

1943 CASE Bernard HonLife 

1974 CASE Robert NonActive 

1999 CASH Peter Senior 

2014 CASHIN Paul Sailing 

2014 CAUFIELD Gary Senior 

1993 CHARLES Ron Sailing 

2012 CHEN Tristan Sailing 

2003 CHEW Archie Young Senior 

1997 CHEW Mark Senior 

1981 CHISHOLM Malcolm Senior 

2006 CHITTENDEN Steve Sailing 

1993 CHMIEL Rudolph Senior 

2005 CIDONI Vince Sailing 

2008 CIOLLI Robert Senior 

2013 CLAEYS Tim Senior 

1973 CLANCY Michael Senior 

2003 CLARK Dennis Senior 

1997 CLARK Lawrence Senior 

2008 CLARK Ross Senior 

2010 CLARKE Carlos Sailing 

2008 CLARKE John Sailing 

2007 CLARKE Patrick Senior 

2016 CLAYTON Marcus Senior 

2000 CLAYTON Scott Senior 

2013 CLEMENTS Griffin Junior 

2003 CLIFF Francis Family 

2004 CLIFFORD James Senior 

2012 CLIFFORD Lachlan Young Senior 

1978 CLOSE Andrew NonActive 

1978 CLOSE Grant NonActive 

1962 CLOSE Lyle HonLife 

1984 CLOSE Melissa NonActive 

2009 COLE Jeffrey Senior 

2002 COLLINS Katherine Absentee 

2013 COLLIS Bradley Senior 

1966 CONWAY James Senior 

2010 CONZA Scott Sailing 

2014 COOK Jennifer Sailing 

2006 COOK Steven Senior 

2015 COOPER Christine Associate 

1980 COOPER Phillip Senior 

2014 CORKE Stephen Sailing 

2015 COTTER Penelope Sailing 

1982 COULTER Andrew Senior 

2010 COULTER James Young Senior 

2015 COUPAR Glenn Associate 

2009 COX Peter Senior 

2005 CRAIG-HEM Jesse Young Senior 

2012 CRAMPTON Danielle Sailing 

2000 CRAWFORD Glen Senior 

2010 CRISTIANO Ralph Absentee 

2012 CROAKER Gregory Sailing 

2013 CROCKER Jean Absentee 

21


2009 CROFT Harrison Young Senior 

2007 CROFT Troy Senior 

2015 CROWLEY Tiernan Junior 

2010 CROZIER Andrew Associate 

1985 CURRIE Neale Senior 

1972 CURTAIN Cyril Senior 

2012 DALTON Mckinley Young Senior 

2012 DALTON Michael Senior 

2006 DARLEY Ferdinand Senior 

2006 DARLEY Rupert Young Senior 

2009 DARLEY Toby Junior 

2008 DARLEY Wendy Family 

2000 DAVIS Colin Senior 

2006 DAWES Clive Sailing 

2008 DE KOSTER Patrick Junior 

2006 DEL MEDICO Jennifer Associate 

2008 DENNISTON Peter Senior 

2005 DEPPELER Madeline Associate 

2014 DERHAM Timothy Sailing 

2013 DI BLASI Laura Junior 

1988 DICKIN Elizabeth Sailing 

2014 DICKMANN Richard Sailing 

2005 DIGBY Kirsten Family 

1952 DIGBY Peter HonLife 

2004 DIGBY QC Geoffery Senior 

2013 DOLPHIN Adrienne Family 

1999 DOLPHIN Paul Associate 

2016 DOLPHIN Yvonne Sailing 

1987 DONATI John Senior 

2015 DONOVAN Peter Sailing 

2010 DORAN Alexandra Family 

2009 DORROUGH Cameron Senior 

2007 DOULL Alexander Senior 

2009 DOWSETT Allan Sailing 

2013 DROBITKO Mark Absentee 

2000 DUESBURY Graeme Associate 

1979 DUFFIN John Senior 

1997 DUGGAN Paul Senior 

2001 DUNDAS Roger Senior 

2014 DUSTING Edward JunFamily 

1990 DUSTING John Senior 

1978 DUSTING Peter Senior 

2013 DUTTON Robyn Family 

1996 DUTTON Timothy Senior 

2014 DYMALOVSKI Chris Senior 

2010 EARLY Bruce Senior 

2015 EASTON-CORKE Ashton Junior 

2005 ECONOMOU Katryna Senior 

2015 EDGAR Riley Junior 

1988 EDMOND Roz NonActive 

1991 EDWARDS Philip Sailing 

2014 EGERTON Leanne Associate 

2014 EKERS Robert Sailing 

2005 ELLIOT Craig Senior 

2015 ELLIOTT Kenneth Senior 

1991 ELLIOTT Peter Senior 

2003 ELLIS David Senior 

2007 ELLIS Guy Sailing 

1998 ELLISON David Senior 

1994 ENGLISH Richard Senior 

2015 EWIN Paul Senior 

1996 EZERNIEKS Vilnis Senior 

2013 FARNBACH Peter Senior 

2013 FARR Anna Family 

2003 FARR David Senior 

2005 FAZAKERLEY Claire Senior 

2008 FELDMAN Nathan Senior 

2002 FELL Gary Senior 

2014 FERGUSON Robert Sailing 

1999 FERNANDES Kenneth Associate 

2008 FERNANDES Peony Associate 

2008 FERNANDES Robin Associate 

1980 FEWSTER Matthew Senior 

1990 FILBEY Kathryn Associate 

2010 FINDLAY David Senior 

2010 FINDLAY Nicholas Senior 

2011 FISHER Gregory Country 

2008 FISHER John Associate 

2001 FISHLEY Anthony Senior 

1974 FITZGIBBON Ian Senior 

2016 FOLEY Donna Sailing 

2003 FORBES Clark Senior 

2003 FORD Joanna Senior 

1998 FORD Lawrence Senior 

2015 FORD Stuart Senior 

2005 FORSYTH John Senior 

2015 FOSTER Ellie Sailing 

2007 FOWLER Jack Young Senior 

2009 FOWLER Lucy Young Senior 

2006 FOWLER Tom Senior 

1998 FOX Jennifer Associate 

2014 FRANCIS Justin Sailing 

2010 FRASER Stephen Senior 

2015 FREEMAN Hester Sailing 

1997 GAMBY Mats Senior 

1997 GARDNER John Senior 

2009 GARNER Peter Senior 

2015 GARNSWORTHY Lisa Sailing 

2015 GASHI Robert Associate 

2004 GATES Richard Senior 

1999 GAUSDEN John Senior 

2012 GEBAUER Silke Senior 

2008 GEDGE Brian Senior 

2010 GEEKIE David Sailing 

22


2015 GEITEL Sally Sailing 

2016 GEYSING William Junior 

1999 GIBBS Marshall Senior 

2007 GIBSON Anne Family 

2007 GIBSON Anthony Senior 

1994 GIBSON Nicole Senior 

2011 GIRVIN Callum Junior 

2012 GLENN Norman Sailing 

2004 GODLEY David Senior 

2015 GOLDSMITH John Associate 

2012 GONTAR Allan Sailing 

1986 GOODMAN Peter Senior 

2010 GOODWIN Ann Senior 

2010 GORDON Peter Junior 

1996 GOUDIE Graeme Senior 

1994 GOURLEY Gavin Senior 

2002 GRAY Glenda Associate 

1977 GRAY Jeffrey Senior 

2003 GRAY Nicholas Young Senior 

2005 GRAY Ronald Sailing 

2007 GRAYSON Terry Absentee 

1988 GREGSON John Senior 

2015 GRIEVE Rielly Junior 

1985 GRISBROOK Cynthia NonActive 

2007 GUILFOYLE Penelope Sailing 

2012 GUNN David Sailing 

2012 GUNN Suzanne Associate 

2000 GUNTHER Rodney Senior 

1991 GURNEY Carol Senior 

2001 HAHNEL Brett Sailing 

2012 HAINES Heather Associate 

2015 HAINES Samuel Senior 

2014 HALDUN Peter Associate 

2014 HALL Simon Senior 

2015 HALLAM Terry Senior 

2014 HANLON Peter Sailing 

2015 HARDING David Associate 

1981 HARDING Phil Senior 

2015 HARPER Douglas Sailing 

1957 HARPER Terence HonLife 

2012 HARRINGTON Michael Sailing 

1995 HARRIS Peter Senior 

2001 HARRISON Adam Senior 

1999 HARRISON Kenneth Life 

2015 HART Tim Senior 

1996 HARVEY Brian Absentee 

2013 HARVEY Julian Sailing 

1984 HATHERLEY Andrew Absentee 

1999 HEAD Rik Senior 

2005 HEALY Matthew Senior 

1995 HEALY Thomas Senior 

2014 HEGARTY Philip Senior 

1999 HEM Douglas Senior 

2010 HENDERSON Alwyn Sailing 

2012 HENDY Stephen Senior 

1987 HENKEL Peter Sailing 

2009 HERBERTSON Sally Sailing 

2012 HESKETH Chris Senior 

2000 HEWITT Robin Senior 

1970 HICK Robert Senior 

2016 HICKEY Irene Sailing 

1984 HILLENAAR Tom Life 

2012 HINCHCLIFF Kenneth Sailing 

1996 HIND John Associate 

1994 HOAD Peter NonActive 

1978 HODGE Arthur Absentee 

2013 HOLLOWAY Marlon Junior 

1958 HOPE Geoff HonLife 

1983 HOPPER Peter NonActive 

1976 HORSFALL Barry Senior 

2015 HORTON Michelle Young Senior 

2007 HRYNIEWIECKA Paulina Sailing 

1999 HUGHES Corvan Senior 

1999 HUIBERS Bas Senior 

2007 HUIBERS Emma Junior 

2012 HULLEY Leeton Sailing 

2010 HUMPHRIS David Sailing 

2014 HUTCHINSON James Sailing 

2014 HUTTON Timothy Sailing 

2004 IGGLEDEN Aaron Young Senior 

2015 INFANTE Zach Junior 

2003 IOSIFIDIS Steve Senior 

2015 IZZARD Carol Sailing 

2010 IZZARD Ross Sailing 

2015 JACKSON Amelia JunFamily 

2015 JACKSON Dean Young Senior 

2015 JACKSON Grace JunFamily 

2015 JACKSON Mark Senior 

2015 JACKSON Megan Family 

2012 JACKSON Neale Family 

2005 JACKSON Paul Sailing 

2013 JAGO Gary Senior 

1961 JARRETT John HonLife 

2007 JAY Fiona Senior 

2007 JEFFREYS Andrew Sailing 

1996 JENKIN Douglas Senior 

2013 JENSEN William Junior 

2014 JERABEK Peter Sailing 

2015 JIN Rose Associate 

1962 JOEL Leslie HonLife 

2013 JOHNS Peter Senior 

1995 JOHNSON Barry Senior 

1998 JOHNSON David Senior 

2004 JOHNSON Michael Junior 

23


2007 JOHNSON Rodney Senior 

2010 JOHNSON-SNEDDON Eirene Family 

2010 JOHNSON-SNEDDON Tony Senior 

2014 JOHNSTON Amy Young Senior 

1971 JOHNSTON Andrew NonActive 

2004 JOHNSTON Anthony Senior 

1975 JOHNSTON Bob Senior 

1970 JOHNSTON Colin Senior 

1998 JOHNSTON Dean Associate 

1998 JOHNSTON Elizabeth Young Senior 

1937 JOHNSTON Jim HonLife 

2004 JOHNSTON Nicholas Young Senior 

1998 JOHNSTON Terri Family 

2000 JOHNSTONE Bil Senior 

1995 JOOSTEN Ronald Associate 

2013 KARA Yuksel Sailing 

2010 KEANE Gavin Sailing 

1992 KEATING Rodney Senior 

1982 KELLY Graeme Senior 

2012 KENIHAN Shawn Senior 

2015 KENNA Paul Senior 

1997 KERR Catherine Senior 

1997 KERR Diane Senior 

2015 KERR Jo-Ann Family 

2005 KERR Mary Sailing 

1976 KERR Peter Senior 

1972 KERR Robin Senior 

2011 KHOURY John Senior 

2003 KING Andrew Senior 

2014 KING Jane Senior 

2015 KING Simon Sailing 

1989 KIRBY John Senior 

2013 KIRKPATRICK Oscar Junior 

1963 KLESTADT Geoff HonLife 

2011 KLESTADT Hayley Family 

1963 KLESTADT Jon HonLife 

1992 KLESTADT Thomas Young Senior 

2002 KNIGHT Dianne Family 

2013 KOPANS Hans Senior 

2008 KOPP Anthony Senior 

1996 KORTLANG Ian Absentee 

2005 LAKE David Senior 

2015 LAKEMAN Wendy Sailing 

1997 LANGDON Timothy Senior 

2014 LANGFORD Neil Absentee 

1993 LANGFORD Peter Senior 

2007 LARCHER Paul Senior 

2015 LARKIN Niamh Family 

2008 LARSEN Claus Sailing 

1983 LATTA Alan Senior 

2000 LAUDER Cheryl Senior 

2001 LAUDER Lindsay Family 

1997 LAUWERS Vincent HonLife 

2013 LAVERY Clive Family 

2015 LAW Joanne Family 

1979 LAYTON Peter Senior 

1984 LE ROY David Senior 

2002 LE ROY Mariah Young Senior 

2002 LE ROY Thomas Young Senior 

2002 LEAN Andrew Senior 

1998 LECORNU Stephen NonActive 

2012 LEE Hamish Junior 

1956 LEES Kathryn Associate 

2013 LEGG Tony Senior 

2009 LEIGH Rupert Sailing 

2013 LEIGHFIELD Dianne Sailing 

1992 LETTS Clive Senior 

2003 LEVAR Timothy Young Senior 

1998 LEVAR Zrinko Senior 

2012 LEWIS Ian Senior 

2012 LEWIS-HANSOM Irene Associate 

1997 LEWIS-MATHAIS Julie Senior 

1996 LIDDY John Absentee 

1987 LIDGETT Athol Senior 

2010 LINDAHL Lars Sailing 

2008 LINDEMANN Paul Senior 

2014 LINDSAY Holly Sailing 

2010 LINES Gail Sailing 

2014 LING Dianne Senior 

1999 LITHGOW Douglas Senior 

2002 LITTLE Bruce Senior 

1997 LLOYD Peter Senior 

1983 LONG Martin Sailing 

2003 LOU-O'DEA Kathleen Young Senior 

2016 LOVE Amanda Sailing 

1972 LUMB Peter NonActive 

2010 LYNCH James Junior 

2015 MA Lingzhou Sailing 

2011 MACFARLANE Kathryn Absentee 

2002 MACINNES David Senior 

2005 MACK Kevin Senior 

2015 MACKINLAY Rodney Sailing 

2015 MACKINLAY Susan Sailing 

2013 MACKINVEN Gary Senior 

2013 MACLEOD Gary Senior 

2010 MACRAE Richard Senior 

1999 MACTAVISH Michael Senior 

2015 MAERTENS Emma Junior 

2014 MAERTENS Mats Junior 

2010 MAERTENS Thorsten Sailing 

2012 MAHON Phillip Senior 

2012 MAITLAND Justin Senior 

2013 MALINOWSKI Liz Sailing 

2012 MANN Scott Sailing 

24


2014 MARA Ciaran Sailing 

2008 MARKHAM Sally Associate 

2010 MARLOW Brett Sailing 

2012 MARSHALL Remy Junior 

2011 MARSHALL Richard Associate 

2011 MARSHALL Rose Associate 

2012 MARSHALL Tessa Young Senior 

1997 MARTIN Geoffrey Senior 

2001 MASSIE John Associate 

2012 MATHERSON Kathryn Sailing 

2012 MATTHEWS Pamela Sailing 

1978 MCALISTER Ronald NonActive 

2005 MCCARTHY Thomas Senior 

1980 MCGREGOR Bob Associate 

2011 MCHUGH Andrew Absentee 

2015 MCILDOWNEY John Sailing 

2009 MCINTOSH Christiane Associate 

1987 MCINTOSH John Associate 

1965 MCINTYRE AO Peter HonLife 

2015 MCKENZIE Adrian Sailing 

2010 MCKENZIE David Sailing 

2010 MCKENZIE Jennifer Sailing 

1976 MCLEAN Doug Senior 

2001 MCLEAN Kathy Family 

1997 MCLEAN Michael Senior 

1999 MCNICOL Antoni Senior 

2014 MCREDMOND Christopher Sailing 

1997 MEAD Cameron Senior 

2014 MEAD Eliza Family 

2000 MELLEN Gregory Senior 

2006 MEREDITH Lynda Associate 

2003 MERLOT Andrew Senior 

2007 MEYER Elizabeth Senior 

2014 MIDDLETON Andrew Senior 

1982 MIEDECKE Peter Senior 

2014 MIHAKA Tainui Junior 

1980 MILES Doug Senior 

2003 MILLER Phillipah Young Senior 

2013 MILLS Patrick Junior 

2006 MILNE John Senior 

2016 MITCHELL Jacqueline Family 

2000 MIZZI Andrew NonActive 

2015 MOFFAT Geoff Senior 

2012 MOORE Paige Sailing 

1949 MORAN Bruce HonLife 

2010 MOREHEN Jane Family 

2012 MORLEY Carl Sailing 

1999 MORRIS Bernard Senior 

1978 MORRISON Darryl NonActive 

2013 MORRISSEY Nicholas Young Senior 

1993 MORRISSEY Philip Senior 

2016 MORTON Oliver Young Senior 

2007 MORTON Stuart Senior 

1974 MOSS Tom NonActive 

1993 MOULDAY Clive Senior 

2013 MUFFATTI David Senior 

2000 MUHLETHALER Claude Senior 

2008 MULLER-ROBBIE Francoise Family 

1998 MUNCKTON Michael Senior 

1998 MUNRO Andrew Senior 

1947 MUNRO Bob HonLife 

2015 MUNRO David Senior 

1998 MUNRO Ross Senior 

2002 MUNRO Samuel Absentee 

2012 MURPHY Damian Senior 

2003 MURPHY Peter Senior 

2014 MURRAY Andrew Senior 

2015 MURRAY Rhonda Sailing 

2009 NANKERVIS Ray Senior 

2008 NASSEYS Francois Sailing 

2010 NAUDI Richard Senior 

2010 NEILSON Mark Senior 

2005 NELSON Jenny Family 

2000 NEUMANN-DUFFIN Matthew Young Senior 

2000 NEVILL Michael Sailing 

2012 NEYLAND Julie Senior 

2014 NICHOLAS Gary Senior 

2014 NICHOLAS Julie Family 

2010 NICHOLSON Peter Senior 

2011 NIEUWLAND Hans Honorary 

1993 NORGATE Drew Absentee 

1956 NORGATE Leigh HonLife 

1998 NORLIN Bob Senior 

2010 NORMAN Warwick Senior 

2015 NORTH Catherine Sailing 

1995 OAKLEY Terance Senior 

2011 OBERMOSER Franz Sailing 

2009 O'DRISCOLL Jordan Junior 

2012 O'DRISCOLL Paul Sailing 

1994 O'DRISCOLL Paul Senior 

2014 O'GORMAN Marian Sailing 

2000 O'HARA Patrick Senior 

2001 O'HARE Scott Senior 

1980 O'HARE Terry Senior 

2007 OLDING Clare Junior 

1997 OLDING Timothy Senior 

2014 O'LOAN Roderick Sailing 

2001 OPAT Bernard Senior 

2010 ORR Graham Senior 

2014 ORR Nola Family 

2006 ORR William Young Senior 

2013 OSBORNE Andrew Senior 

2010 OSBORNE Andrew Sailing 

1991 OTTER Jeff Senior 

25


2003 OWEN Shane Senior 

1999 OXENBAUER Anton Senior 

1997 OZOLINS Janis Senior 

2011 PACEY Richard Absentee 

2014 PAGE Allan Senior 

1998 PAINTER David Senior 

2015 PANTON David Senior 

2003 PARKS Antony Associate 

1979 PARRY-OKEDEN Denis Senior 

2010 PARSONS Marilyn Senior 

2010 PASCOE David Senior 

2011 PASCOE Katrina Family 

2012 PASUPATHI Krishnan Sailing 

2013 PATTERSON Euan Sailing 

2013 PAYNE Thomas Senior 

2011 PEACE Edward Junior 

2015 PEACE Gavan Sailing 

2005 PEART Patricia Senior 

1988 PECK AM Nigel Senior 

2013 PENFOLD Damien Associate 

2013 PENFOLD Samuel Junior 

1964 PEPPER William Life 

2010 PERICA Luke Junior 

2015 PERICA Sofia Junior 

2015 PERKINS Justin Sailing 

1989 PERMEZEL James Senior 

2014 PERRY David Sailing 

1984 PETERS Maxwell Senior 

2010 PETTERSEN Heidi Sailing 

2013 PFLEIDERER Susanne Absentee 

2013 PHILLIPS Geoffrey Sailing 

2015 PIKE Belinda Sailing 

2012 PILGRIM Jaymin Young Senior 

2011 POINTON Michael Senior 

2010 PORTELLI John Sailing 

2004 PORTWAY Dean Senior 

2016 POSMA Terry Senior 

2008 POTTER William Sailing 

2014 POWICK Katrina Associate 

2014 POYNTON Allan Sailing 

1991 POYNTON Trevor Absentee 

2008 PRESTEDGE Callum JunFamily 

2015 PRESTEDGE Fiona Family 

2007 PRESTEDGE Gary Senior 

2008 PRESTEDGE Jacqueline Young Senior 

2003 PRICE John Senior 

1972 PRICE Simon Senior 

2000 PRINCE Duncan Senior 

2005 PROSSER Douglas Senior 

2000 PURCELL Andrew NonActive 

1986 PURCELL Barry Associate 

1986 PURCELL Damian Senior 

2009 PURCELL Hannah Young Senior 

2004 PURCELL John Senior 

1971 PURTELL John Senior 

2012 PYKE James Sailing 

2013 QUICK Jason Senior 

1999 QUINN Moira Senior 

2008 RAE Duncan Senior 

2006 RAFF John Senior 

1984 RASMUSSEN Duncan Senior 

2002 RAWLINS Penelope Sailing 

2011 REDMAN RAN John Honorary 

1993 REICHELT Ian Senior 

2008 RIANI John Absentee 

1999 RICHARDS Ian Absentee 

2001 RICHARDS Jane Senior 

1945 RICHARDSON Kenneth HonLife 

2007 RIDDLE Brett Senior 

2010 RIEBELING Peter Sailing 

2013 RITCHIE Mark Sailing 

2011 RIZZOLI Phoebe Junior 

2013 RIZZOLI Zachary Junior 

1993 ROBB John Senior 

2008 ROBBIE David Senior 

2008 ROBBINS Mark Family 

2003 ROBERTS Paul Senior 

2006 ROBERTS Peter Senior 

2014 ROBERTS Raymond Senior 

2015 ROBERTSON Nigel Senior 

1985 ROBINSON Bruce Senior 

2005 ROBINSON David Senior 

2013 ROBINSON Ian Senior 

2012 ROBINSON Stephanie Young Senior 

2016 ROCHE Andy Senior 

2010 RODWELL Bruce Absentee 

2012 RODWELL Sharon Absentee 

1998 ROGERS John Senior 

2015 RONCHI Timothy Junior 

2010 ROONEY Sean Sailing 

2010 ROSE Ian Sailing 

2015 ROSSI Anne Associate 

2010 ROWE Kevin Sailing 

2004 ROWLINGS Gregory Absentee 

1972 ROWSTHORN Peter Senior 

2011 RUSHBROOK Daniel Sailing 

2003 RUSSELL Duncan Senior 

1989 RUSSELL Glyn Senior 

2013 RUSSELL Kathryn Family 

2015 RUSSELL Peter Senior 

2013 RUSSELL-COOK John Senior 

2000 RUTTER Robert Absentee 

1964 RYAN Des HonLife 

1996 RYAN Martin Senior 

26


2002 RYAN Noel Senior 

2007 SABEY Michael Senior 

2014 SACH Mark Senior 

2007 SADLER Geoff Senior 

2011 SALTER Charles Senior 

1995 SAMMONS John NonActive 

1998 SANDERS John Senior 

2006 SANDLES Bill Sailing 

1999 SANDLES Paul Senior 

2010 SASSE Joanna Family 

2016 SCHOFIELD Ava Junior 

2002 SCHOFIELD Guy Sailing 

2006 SCHOFIELD Louis Junior 

2009 SCHOFIELD Wynn Junior 

2014 SCHOLES Gavin Associate 

2009 SCHULTZE Bonita Sailing 

1977 SCOTT David Senior 

1998 SCOTT Deirdre Family 

1998 SCOTT Gregory Senior 

2000 SEAMAN David Senior 

2007 SEDEROF Andreas Senior 

2009 SELIN Erik Associate 

1987 SEMMENS John Senior 

1975 SHEERS Alan Sailing 

2015 SHEERS William Young Senior 

1982 SHELL Peter Senior 

2008 SHEPHERD Craig Senior 

2013 SHERMAN Mia Junior 

1978 SHIELD Stephen Absentee 

1960 SHIELDS Douglas HonLife 

1950 SHIELDS James HonLife 

2014 SHIPP Andrew Young Senior 

1980 SHIPP David Senior 

2014 SKYRING Robert Sailing 

1990 SLOAN Ian NonActive 

2012 SMALLWOOD Mark Senior 

1999 SMITH Anne Family 

1990 SMITH Brian Senior 

2015 SMITH Dean Sailing 

1996 SMITH Luke Senior 

1997 SMITH Michael Senior 

2014 SMITH Samantha Senior 

1999 SMITH Timothy Young Senior 

1979 SNOWBALL Greg Life 

2012 SOLLY Matthew Senior 

2015 SPEC Julianna Sailing 

2010 SPENCER Michael Sailing 

1946 SPENCER Robert HonLife 

1971 SPENCER Tony Senior 

1995 SPINLEY Denis Senior 

1995 SPROATS John Senior 

2009 STAFFORD Mark Senior 

2010 STALEY Ian I Senior 

2016 STANDEN Julie Family 

2013 STANDEN Stephen Senior 

2015 STANFORD Tanya Sailing 

2000 STERRETT David Senior 

1995 STEVENS Geoffrey Senior 

2010 STEVENS Lisa Senior 

2012 STEWART Graeme Sailing 

2004 STOKES Warren Senior 

2007 STUBBS Stuart Absentee 

2007 SUGGATE Cyril Senior 

2016 SULLEY Samuel Young Senior 

2008 SULLIVAN Paul Associate 

1998 SULMAN Ronald Senior 

2009 SUTHERLAND Mark Senior 

2010 SUTTON Reece Sailing 

2003 SYME Gordon Senior 

2014 TANNER Robert Senior 

1968 TATE Frank Country 

2010 TATE Richard Senior 

1985 TAYLOR Andrew Absentee 

1982 TAYLOR Bruce Life 

1985 THISTLETHWAITE Steven Associate 

2014 THOMAS Guy Senior 

2000 THOMAS Lee Senior 

2006 THOMPSON Jennifer Family 

2005 TRAINOR Daniel Senior 

1995 TRELEAVEN Charles Senior 

1998 TRELEAVEN Nicholas Absentee 

2013 TRENGOVE Mary Sailing 

2016 TROMBETTA Natalie Associate 

2016 TROMBETTA Sarah Associate 

2012 TRONNBERG Fredrik Associate 

1980 TUCK Joseph Senior 

2008 TUCKER Christopher Senior 

2013 VAN BROEKHUIZEN Tony Senior 

2013 VAN DEN AKKER Ben Sailing 

2012 VANDENBERG Paul Senior 

2016 VANDERVEN Louise Associate 

1965 VANDERWARKER Michael HonLife 

1993 VANDESTADT Robert NonActive 

1982 VAUGHAN Graham Senior 

2010 VINCENT Andrew Senior 

2011 VINNELL Lance Sailing 

2003 VISSER Donna Absentee 

2014 WALDRAM Grant Senior 

2012 WALKER Paul Associate 

1963 WALLACE David HonLife 

2014 WALTER Ben Senior 

2010 WANKLYN Russell Sailing 

2015 WARD Django Junior 

1998 WARLOND Robin Senior 

27


2000 WARNER Fred Senior 

2016 WARREN Christopher Young Senior 

2015 WATERS Charles Absentee 

2014 WATKINS Kay Family 

2011 WATKINS Martin Senior 

2011 WATSON Nikhila Young Senior 

2007 WEATHERLEY Christine Sailing 

1996 WEBB Owen Absentee 

1974 WEBBER Bernard Senior 

2013 WEBBER Susan Family 

2009 WELLS Graham Senior 

1962 WEST Graeme HonLife 

2011 WEST Michelle Sailing 

1980 WESTON OAM Barry Senior 

2008 WETZELS Joseph Young Senior 

2015 WHAN Ian Country 

2003 WHINCUP Graeme Senior 

2009 WHITE Douglas Young Senior 

2000 WHITEFORD Thomas Young Senior 

1970 WHITELEY Denis Senior 

2014 WHITESIDE James Sailing 

2006 WILBRAHAM David Young Senior 

2006 WILBRAHAM Ian Family 

2006 WILBRAHAM John Young Senior 

2006 WILBRAHAM Naomi Senior 

1999 WILKINS Jeremy Senior 

1975 WILKINSON Cliff Absentee 

1998 WILLIAMS Carol Family 

2002 WILLIAMS Fiona Family 

2000 WILLIAMS Michael Sailing 

1998 WILLIAMS Noel Senior 

2015 WILLIS Michael Associate 

2012 WILLMOTT Anthony Senior 

2016 WILSON Allison Sailing 

1992 WILSON Andrew Senior 

2007 WILSON Benjamin Young Senior 

2006 WILSON Gerry Senior 

1984 WINGS Leo Absentee 

2014 WISE Lester Senior 

2008 WONG Andrew Sailing 

2011 WOOD Colin Senior 

1999 WOOD Louise NonActive 

2006 WOOD Robert Senior 

2015 WOODS Ken Sailing 

1948 WREFORD John HonLife 

2000 WRIGHT Andrew Senior 

2013 WRIGHT Dean Young Senior 

1987 WRIGHT Geoff Senior 

1982 WRIGHT Murray NonActive 

2004 YARNALL Brian Senior 

2005 YARNALL Eila Family 

2015 YOUNGER Graeme Sailing 

2016 YU Kathy Senior 

2003 ZAMMIT Carl Senior 

2012 ZIBELL Ashleigh Junior 

2012 ZIBELL Ryan Junior 

28

Yacht Register 31 st May 2016 

Sail No. Boat Name Owner 

96 AVIAN DUNDAS, Roger 

157 REDBACK CANNON, Paul 

322 SIROCCO SALTER, Charles 

7018 JUST QUIETLY Just Quietly Syndicate 

7019 MIGHT MOUSE ARNOLD, John 

A20 TAMESIS HEM, Douglas 

AUS138 ENVYUS MELGES 32 CLARK, Dennis 

AUS156 KAOS RACING Kaos Racing Syndicate 

B147 GAYLENE BLUNT, Tim 

CB46 LOAMA Loama Syndicate 

DIA 138 ROUGH CUT RAE, Duncan 

DIA 174 BELLE EARLY, Bruce 

DIA 182 PASCOL PAINTS PERMEZEL, James 

DIA 187 CHALLENGER FORD, Stuart 

DIA 188 LUCY IN THE SKY BRENAN, Calum 

DIA 191 MYSTERY MEAD, Cameron 

DIA 192 CORSAIR 4 HASSAN, Nicholas 

KA1 MARIE LOUISE III LLOYD, Peter 

KA11 KOOKABURRA Kookaburra Syndicate 

R1 VANESSA KERR, Robin 

R2 CIRCE JOHNSTON, Jim 

R3 DREAM CATCHER III SNOWBALL, Greg 

R4 ACROSPIRE III ANDERSON, Colin 

R5 HICK-UP OWEN, William 

R6 SAYONARA Sayonara Syndicate 

R7 MARLIE II DIGBY, Peter 

R8 FRANCES JOHNS, Peter 

R11 SANTE GRAY, Jeffrey 

R12 WIND SPIRIT O'HARE, Terry 

R15 JOY TOO WHINCUP, Graeme 

R16 EMPARA ABRAHAMS, Peter 

R17 NEW WAVE PURTELL, John 

R18 LAURELLE BORRETT, Ray 

R19 TANDANYA MUNRO, Bob 

R21 APACHE Apache Syndicate 

R23 GREY EAGLE SHIPP, David 

R26 GAMBIT GEDGE, Brian 

R27 TRIM SCOTT, David 

R28 LILY GUY JOHNSTONE, Bil 

R29 NEW BRUNETTE MERLOT, Andrew 

R30 SPECULATION LITHGOW, Douglas 

R32 AJA SMITH, Brian 

R33 CHUTZPAH TAYLOR, Bruce 

R34 SOIREE BLEU LITHGOW, Douglas 

R35 MONEYPENNY Moneypenny Syndicate 

R36 DRAGON GARDNER, John 

R37 COROMANDEL 5 BURTON, David 

R39 JAFFA POSMA, Terry 

R40 TESSA VANDENBERG, Paul 

R41 LUSCIOUS MUNRO, Andrew 

R42 JURU DAINA PRICE, Simon 

R43 JULIANA HALLAM, Terry 

R44 WALTZING MATILDA COOK, Steven 

R45 WONAMBI II CLIFFORD, James 

R46 A TOUCH OF CLASS WILBRAHAM, Naomi 

R47 ALLUNGA CRISTIANO, Ralph 

R48 MARNI BURGESS, Richard 

R51 DANCING WAVE HARRIS, Peter 

R52 BLACK ADDER MOULDAY, Clive 

R53 KATE RAFF, John 

R54 WANITA GATES, Richard 

R55 ONE SAILS RACING ROBERTS, Raymond 

R56 CHANTILLY DUTTON, Timothy 

R57 DRAMBUIE Drambuie Syndicate 

R58 NOMAD CASH, Peter 

R59 LARRIKIN KEATING, Rodney 

R60 ENVY Envy Syndicate 

R61 LEADFOOT WHITELEY, Denis 

R62 KINTAN MORTON, Stuart 

R63 KAPALA III QUICK, Jason 

R66 JON SANDERS HARDING, Phil 

R67 ENESEAY DUFFIN, John 

R68 SINGLE MALT MACLEOD, Gary 

R71 OCEAN SAFARI WOOD, Robert Rfr 

R72 FANDANGO BURGESS, John 

R75 HALCYON TUCKER, Christopher 

R76 FLYING CLOUD HUGHES, Corvan 

R77 SGIAN DUBH LEAN, Andrew 

R80 WILD STYLE SLATTERY, Graham 

R81 PENROD HENDY, Stephen 

R82 MORNING MATILDA MCINTYRE AO, Peter 

R86 FAIRE VERTUE KLESTADT, Geoff 

R87 MARIKA CHMIEL, Rudolph 

R88 MARELLE SPROATS, John 

R90 TABASCO DUGGAN, Paul 

R91 JOIE DE VIE BEDGGOOD, Peter 

R92 PYXIS OF SKYE MACINNES, David 

R93 HEATHER BELLE WILSON, Andrew 

R94a ANA (PETERSON) LEVAR, Zrinko 

R94b ANA LEVAR, Zrinko 

R96 COGNAC O'HARA, Patrick 

R98 AGNES II MILNE, John 

R99 NAURU WALDRAM, Grant 

R100 HUIA WILLMOTT, Anthony 

R102 BUNGOONA DORROUGH, Cameron 

R108 ELLEN LEWIS MCLEAN, Doug 

R111 GODZILLA MUNRO, Andrew 

R112 BIRD OF THE ISLANDS BURGESS, Timothy 

R114 SHORE THING WARLOND, Robin 

R115 MAGIC ENGLISH, Richard 

R118 HARLEQUIN FORSYTH, John 

R119 WEAPON OF CHOICE BURNS, Stuart 

R121 CHARISMA RIDDLE, Brett 

R123 DREAM CATCHER STALEY, Ian 

R131 HELEN LOUISE MAHON, Phillip 

R136 SARABAND III BUCKLEY, Matthew 

R137 TOM CAT Tom Cat Syndicate 

R139 SERENITY RUSSELL, Glyn 

R140 SCIMITAR Scimitar Syndicate 

29


R144 SOJOURN GIBSON, Anthony 

R145 GONDWANA ROGERS, John 

R146 BON FARRAGE MUHLETHALER, Claude 

R147 SWELL TIME SUTHERLAND, Mark 

R148 BLUE VOLVO Blue Volvo Syndicate 

R149 COUSIN IT FISHLEY, Anthony 

R153 HONOR-VERA GREGSON, John 

R156 RUTHEAN DARLEY, Wendy 

R158 CLAIRE MACRAE, Richard 

R163 BRIGHT ANGEL GRIBBLE, Ian 

R170 ARANUI DIGBY QC, Geoffrey 

R172 PRIME NUMBER SHELL, Peter 

R175 PARAGON DUSTING, John 

R180 NEPTUNIUS HESKETH, Chris 

R181 AVALON NORGATE, Leigh 

R182 UP 'N' GO Up 'N Go Syndicate 

R186 YOKO HEWITT, Robin 

R187 BIDDY-HU II LINDEMANN, Paul 

R188 HOTSPUR STEVENS, Geoffrey 

R190 ANXIOUS HEALY, Thomas 

R193 PENDEEN VAUGHAN, Graham 

R198 YOUNG AT HEART WILLIAMS, Noel 

R201 SYLVIA EARLE BROWNE, Julian 

R202 NANGA MAI II STERRETT, David 

R212 ALI DEL ARIA Ali Del Aria Syndicate 

R222 KALLARA KELLY, Graeme 

R223 TRINGRIZ RUTTER, Robert 

R226 NORTH ENCOUNTER North Encounter Syndicate 

R237 ALEGRIA II TANNER, Robert 

R241 SHADOW HALL, Simon 

R249 FRANJELIS JOHNSTON, Anthony 

R280 SECRET Secret Syndicate 

R281 CELIA GEBAUER, Silke 

R288 DESTINY CLIFFORD, Lachlan 

R292 REVEL NORMAN, Warwick 

R295 ISOLDE HILL, Philip 

R300 UHURU OF MELBOURNE BOTTERILL, Mal 

R303 COCO JOHNSON, Barry 

R308 ZEA HOLLAND, Lindsay 

R318 ZEPHYR Zephyr Syndicate 

R321 FLYING CIRCUS STOKES, Warren 

R349 AUDACITY GOODMAN, Peter 

R350 ABSOLUT GATES, Richard 

R353 LEVEL C BERTRAM, Howard 

R362 DUCKMOBILE SEAMAN, David 

R363 TOP GUN PETERS, Maxwell 

R374 MAGIC BULLET CANTWELL, Leo 

R381 START AGAIN ELLIOTT, Kenneth 

R388 SILVER CLOUD STANDEN, Stephen 

R400 AVALANCHE CAUFIELD, Gary 

R401 ONE FOR THE ROAD PRESTEDGE, Gary 

R403 ZEPHYR (168) RICHARDSON, Kenneth 

R410 SALTAIR ALLARD, Sarah 

R411 PINTADO COOPER, Phillip 

R419 EXTRAVAGANCE III SCOTT, Gregory 

R420 CADIBARRA 8 ROBERTS, Paul 

R424 MILLENNIUM FALCON MUFFATTI, David 

R434 CHENARA ANDERSON, Ross 

R441 MELTEMI REICHELT, Ian 

R445 SERIFA II CASE, Bernard 

R447 BRAVADO BUTLER, Lindsay 

R450 MERCEDES III RYAN, Martin 

R451 RUNAMUK CANTWELL, Gerard 

R460 NEW HORIZONS LEWIS-MATHAIS, Julie 

R471 NUNYARRA BARNETT, David 

R473 SEA WAFER PASCOE, David 

R479 TANDEKA CLARKE, Patrick 

R480 50/50 GAUSDEN, John 

R484 RED SKY VAN BROEKHUIZEN, Tony 

R502 MARTINI CLARK, Ross 

R511 POLARIS PANTON, David 

R533 PAPALANA BAXTER, Antony 

R548 ROZINANTE II MIDDLETON, Andrew 

R550 RUFFIAN OTTER, Jeff 

R585 Y KNOT GOODWIN, Ann 

R588 CYAN BROWN, Craig 

R604 FAIRWINDS CHEW, Mark 

R632 VITESSE POINTON, Michael 

R648 NOVA SEAS HART, Tim 

R650 

THE STIG'S AUDI DRIVING 

COUSIN 

ELLIS, David 

R660 PARAMOUR NEYLAND, Julie 

R666 KOONAWARRA BULLEN, David 

R678 MISTY II KENNA, Paul 

R711 PANACEA FINDLAY, Nicholas 

R720 AOI TORI KING, Andrew 

R722 ZEN SATORI SEDEROF, Andreas 

R727 GALAXY BURNS, Archibald 

R747 PALONA Palona Syndicate 

R757 ICAN D MURRAY, Andrew 

R777 MIRELLA CLANCY, Michael 

R780 ASTRO BOY KOPP, Anthony 

R850 KOTARE ORR, Graham 

R880 ALIEN BRENAN, Justin 

R888 ESCAPE BECK, Anthony 

R913 JEAN RAFF, John 

R930 BACK IN BUSINESS SABEY, Michael 

R955 WHIMAWAY KOPANS, Hans 

R968 FOOTLOOSE ROBB, John 

R998 SKY BRESCIANI, Lino 

R1000 NORA J SANDERS, John 

R1009 WYVERN Wyvern Syndicate 

R1111 TOE CUTTER HOPE, Geoff 

R1115 BLUE JACKET JENKIN, Douglas 

R1121 EXECUTIVE DECISION BOTICA, Grant 

R1134 COROMANDEL 4 SWEENEY, John 

R1150 MOODY BLUE WILSON, Gerry 

R1200 SPIRIT OF DOWNUNDER FORD, Lawrence 

R1210 MIKA YARNALL, Brian 

R1211 GRIFFIN WREFORD, John 

30


R1221 MERAK HUIBERS, Bas 

R1318 STORM JOHNSON-SNEDDON, Tony 

R1347 WAY2GO MACKINVEN, Gary 

R1363 SERIFA MACTAVISH, Michael 

R1501 SMOKE ON THE WATER ROCHE, Andy 

R1541 PERSEPHONE Persephone Syndicate 

R1770 SARABANDE WISE, Lester 

R2781 GRAVITAS LARCHER, Paul 

R3113 ELLIOTT (ORANGE) RYCV, Victoria 

R3701 TEMPE FARNBACH, Peter 

R4040 KESTREL SPRUZEN, Peter 

R4099 SHILO NAUDI, Richard 

R4389 REALITY MCLEAN, Michael 

R4689 OUTSIDER GARNER, Peter 

R4930 SCORPIO PRICE, Simon 

R5471 ELLIOTT 71 (RED) RYCV, Victoria 

R5472 ELLIOTT 72 (GREEN) RYCV, Victoria 

R5473 ELLIOTT 73 (BLUE) RYCV, Victoria 

R5474 ELLIOTT 74 (WHITE) RYCV, Victoria 

R5475 ELLIOTT 75 (YELLOW) RYCV, Victoria 

R5559 OUT OF THE BLUE FRASER, Stephen 

R5653 BUNYIP ROBERTS, Peter 

R6064 NAGANI BOWE, Peter 

R6198 NEXT MOMENT DOULL, Alexander 

R6257 MAINSTAY ARNOLD, John 

R6418 CHUTZPAH 38 TAYLOR, Bruce 

R6620 AFRAYED KNOT EARLY, Bruce 

R6806 BLUE CHIP LEWIS, Ian 

R8025 SEQUENTIAL NICHOLAS, Gary 

R8133 KERINA BENGTZEN, Per 

R41525 QUEST OF BERMUDA PARSONS, Marilyn 

SUPPLEMENTARY REGISTER 

R129 ELLA MACTAVISH, Michael 

R220 APPY CLOSE, Lyle 

R501 AURANINA WELLS, Graham 

R771 MK 1 MACK, Kevin 

R988 DIOMEDE COLE, Jeffrey 

R1938 SOUTHERN SUN SMITH, Michael 

SUPPLEMENTARY MOTORBOAT REGISTER 

R14 OSBORNE GRAY, Jeffrey 

R210 AQUAPRO RYCV 

R211 DAFFY RYCV 

R213 CERBERUS RYCV 

R215 HILLENAAR II RYCV 

R216 WIN BROWN RYCV 

R217 THORSEN RYCV 

R218 ARCH CAWTHORNE RYCV 

R225 VALERIE ELLIS, David 

R277 CUTTER BULT, Bradley 

R818 Lady Beth BOURCHIER, Michael 

KZ583N PAULA MCINTYRE, Peter 

FV272 PUTT PUTT ANDERSON, Colin 

ABSENTEE 

R65 SKERRYVORE BROWN, Roderick 

R95 FIRST CONTACT BURGESS, Cameron 

R110 CLOSE ENCOUNTERS RICHARDS, Ian 

R135 ABELLA MELLEN, Gregory 

R154 QUINCO WEBB, Owen 

R367 Salty Dog Salty Dog Syndicate 

R1313 ANDIAMO V RODWELL, Bruce 

R4766 CRACKER JACK HODGE, Arthur 

31

Treasurer’s Report 

Operating Result 

The table below summarizes the results for the financial year ended 31 st May 2016 and shows a comparison 

with the previous financial year. 

2015/16 2014/15 

Result before depreciation & 

impairment $458,754 $412,425 

Result after depreciation $261,939 $226,612 

Impairment charge ($1,022,690) $ - 

Donations $233,811 $ 98,970 

Result from trading activities $ 28,128 $127,642 

Result after depn & Impairment ($760,751) $226,612 

The figure that best illustrates the Club’s operating performance is the result from trading activities. The 

$28,128 surplus while well down on last year’s result was after accommodating a deficit of $49,309 on the 

very successful Para Worlds regatta an additional $14,271 interest charge incurred on the loan funds drawn 

to assist in funding the Platform Lift project, additional site rental of $37,840 and additional depreciation of 

$11,002 The result is considered satisfactory under the circumstances and was much better than outlook at 

the start of the year 

The accounting result for the 2015/16 financial year after allowing for depreciation some one off donations 

and the impairment charge due to the write down of the Platform lift asset was a loss of $760,751. The 

major contributor to this result was the impairment charge of $1,022,690 

This impairment charge was a result of the Members’ decision not to proceed with the completion of the 

Platform Lift project after the collapse of the incomplete works and the abandonment of the project by the 

contractor. 

The total cost of the project to the Club over the 2011/12 to 2015/16 financial years was $1,717,906, 

however as the project did not deliver the operational asset originally envisaged much of the expenditure 

did not have an ongoing asset value to the club. Once an asset is considered to have a book holding value 

that is greater than its market or utility value an impairment exists and under Accounting Standards, this 

needs to be quantified and written off against the current years profit and loss account. 

All payments made to the contractors involved in this project were reviewed with the assistance of the 

Project Managers and an assessment made as to which elements had ongoing benefit to the club and their 

cost, and which were effectively sunk costs. The conclusion was that of the total cost of the works some 

$695,215 were deemed to have had ongoing asset value and were retained in the capital asset register and 

will be depreciated over their physical life. The balance of $1,022,691 was deemed to have no ongoing value 

and had to be written off against current year earnings. 

The determination of the ongoing holding value of the asset and the impairment charge was subject to audit 

which concluded that the amounts arrived at were reasonable and in accordance with Accounting 

Standards. 

32


Statement of Financial Position 

The operating activities during the year have resulted in some changes in the Statement of Financial Position 

and the most significant ones requiring some further explanation are set out below. 

Interest bearing Liabilities 

These stand at $1,008,409 up from $521,638 the previous year. This is the total amount of the loan drawn 

down from the National Australia Bank to fund the Platform Lift project and the subsequent rectification 

works. The total facility is $1,350,000 with a repayment term of 10 years at a floating interest rate, which is 

determined monthly. The club has the option to further draw on this facility if required up to the member 

approved amount of $1,300,000. 

Equity and Retained Earnings 

This now stands at $1,800,652 down from $2,561,403 and shows the impact of the loss for the year after the 

impairment charge of ($760,751). 

Capital Expenditure 

Note 9 in the financial reports shows in summary form the capital expenditure by class of asset. The total 

expenditure for the year was $886,394. The most significant areas of expenditure were, 

New Club House Project $ 99,368 

New Marina Project $ 59,893 

Current Marina $141,119 

Platform Lift works $443,886 

Electricity upgrade $ 54,334 

Total expenditure to date on the new club house project is $401,247 all of which has been funded by the 

donations made by Nigel Peck through the Australian Sports Foundation, this includes a portion of the 

electrical upgrade attributable to the new clubhouse. 

Total expenditure on the new marina project is $532,550 which has been funded in part by the Marina 

Prepayments of $350,000 with the balance being met from club funds. The Marina Prepayments are part of 

Other Current Liabilities in the Statement of Balances. 

33


Summary of Operating Centre Activities 

The tables below show the comparative results over the last four years of the Club’s main operating 

activities 

House Trading 

The House performance dropped this year, compared with last year, fundamentally due to the additional 

wages for the Para Worlds and increase employee statutory benefit provisioning. The club, in the 

expectation of a new clubhouse, also stopped taking function bookings resulting in lower than expected 

Private function revenue, the Para Worlds also impacting our function sales as they were during our busiest 

period. 

House Trading 2016 2015 2014 2013 

Catering Sales 399,338 387,971 408,879 334,443 

Catering Cost of sales 178,635 172,452 156,764 151,820 

Gross Catering Surplus 220,703 215,519 252,115 182,623 

Bar Sales 457,076 432,063 414,877 364,809 

Bar Cost of Sales 207,296 186,164 180,655 163,719 

Gross Bar Surplus 249,780 245,899 234,222 201,090 

Gross House Trading 470,483 461,418 486,337 383,713 

Bar & Catering Expenses 

Operating expenses 40,738 39,421 39,311 47,000 

Employment Costs 547,295 520,491 480,938 430,418 

Total Bar & Catering Expense 588,033 559,912 520,249 477,418 

House Trading 

Surplus/(Deficit) 

(117,550) (98,494) (33,912) (93,705) 

Clubhouse expenses 2016 2015 2014 2013 

Club functions 108 660 819 1,194 

Cleaning 29,319 25,955 24,145 23,106 

H&S General Expenses 6,825 7,064 5,384 3,477 

Clubhouse R&M 23,762 32,873 36,793 22,534 

Total House Expenses 60,014 66,552 67,141 50,311 

34


Marina operations 

An increase in marina fees and the Victoria Police berthing arrangement saw marina rent revenue continue 

to rise. 

Marina charges remain competitive with clubs providing a similar range of services. It is worth noting that 

capitalised repairs of the Marina were in the order of $141,119. These capitalised repairs will be 

depreciated as is the normal course. 

Marina and Hardstand 2016 2015 2014 2013 

Revenue 

Marina Rent 833,123 746,207 646,616 572,972 

Locker rent 36,508 34,141 31,151 29,702 

Hardstand Rent 134,809 113,904 125,607 126,080 

Service Charge 7,630 8,286 5,002 3,958 

Inactive Boat revenue 7,848 8,677 10,210 11,005 

Total Revenue 1,019,918 911,215 818,586 743,717 

Expenses 

Repairs & Maintenance 33,380 31,637 41,149 19,857 

Operating Surplus 986,538 879,578 777,437 723,860 

Yard operations 

A poor year in the yard, potentially due to the impact of the construction and Para Words with significant 

area being taken up by these activities restricting storage and lifting activities. Non-Member income was the 

most significant reduction. The Yard and Marina Committee has been requested to review the operation 

and it is expected that a new charging methodology similar to other clubs will be implemented in the coming 

year. Further costs were impacted by increased wages for the Para Worlds and the OH&S purchases. Yard 

purchases increased due to unusual items such as the purchase of spill kits, oil tank removal and restocking 

of yard equipment. 

Yard Operations 2016 2015 2014 2013 

Revenue 

Yard Labour 3,635 4,905 6,951 6,537 

Travel lift and slipping 120,610 136,828 122,005 120,061 

Storage & Towage 93,072 118,452 110,665 101,475 

Sundry Income 39,044 38,429 36,365 29,371 

Total Revenue 256,361 298,614 275,986 257,444 

Expenses 

Purchases 46,057 25,694 27,178 29,287 

Repairs & Maintenance 23,643 29,226 30,081 36,240 

Yard Waste Disposal 16,793 15,806 13,301 11,358 

Yard employment costs 170,309 160,094 150,189 148,653 

Total Expenses 256,802 230,820 220,749 225,538 

Operating Surplus (441) 67,794 55,237 31,906 

35


Racing and Sailing 

Whilst race entry and day pass income was down slightly, we managed to keep our income at a reasonable 

level. Increased costs were due to the additional employment costs in the conduct of the Para Worlds and 

additional volunteer costs. 

Racing &Sailing 2016 2015 2014 2013 

Revenue 

Race Entry General 50,335 51,633 42,430 37,932 

Other Sailing Revenue 2,900 4,701 3,055 3,299 

Race Management 22,066 22,212 23,897 25,278 

Regatta 9,700 9,757 9,627 15,816 

Sponsorship Other Income 12,500 12,500 12,500 12,500 

Total Revenue 97,501 100,803 91,509 94,825 

Expenses 

Repairs 20,837 24,249 27,686 43,384 

Racing Expenses 13,083 10,745 12,947 9,857 

Regatta Expenses 8,931 9,623 10,320 11,640 

Trophies 6,985 6,731 6,082 5,442 

Racing Employment costs 111,366 101,620 96,418 94,476 

Other 9,196 6,365 8,983 10,280 


Operating Surplus/(Deficit) (72,897) (58,530) (70,927) (80,254) 

Royals Training Centre and Cadets 

The Training Centre power boat courses were a strong contributor to the year and are expected to grow 

over the coming year, with a practical component most likely to be introduced by the regulator. On the 

down side was the adult keel boat sailing programs, the club is reviewing its marketing in this area as we 

consider this an important market to develop. The Club recognises the importance of the Training Centre 

and Cadets and will continue to support them as an investment in our future. 

Royals Training Centre And Cadets 2016 2015 2014 2013 

Revenue 

Academy Courses 101,606 84,493 89,052 124,415 

Elliott & Pacer Charter 396 1,186 2,436 900 

Off The Beach Revenue 7,234 5,588 19,200 14,935 

Total Revenue 109,236 91,267 110,688 140,250 

Expenses 

Academy Courses & Employment 

Costs 

136,909 114,327 121,247 122,086 

Academy & Cadet Vessel R&M 15,363 8,661 19,857 18,723 

Elliott, Optimist & Pacer R & M 587 840 1,807 695 

Off The Beach expenditure 6,624 11,066 8,586 17,255 


SURPLUS/LOSS (50,247) (43,627) (40,809) (18,509) 

36


Para Worlds 

The Para Worlds was a great event for the Club. The Budgeted loss for the event was $85k due to required 

temporary floating marina installation, the organizing committee was therefore well please final result 

being a deficit of $49,309. 

Para Worlds 2016 

Total Revenue 229,432 

Total Expenses 193,562 

Surplus/Deficit prior to Marina 35,870 

Less Temporary marina 85,179 

Surplus/Deficit (49,309) 

Summary 

The Club’s financial position, while satisfactory, has been significantly impacted by the large expenditure on 

the Platform Lift project and rectification works which absorbed some $720,000, of the Club’s reserve funds, 

created a loan liability in excess of $1,000,000 and contributed very little to the Club’s revenue earning 

capability. 

The net result from ordinary trading activities, a surplus of $28,128, was a considerable improvement on the 

projected outlook at the start of the financial year and the club managed to also absorb an eventual deficit 

on the Para Worlds of $49,309. 

Cash reserves are low but with careful cash management the club should be able to continue to operate 

without drawing any additional loan funds or using our overdraft facility. However, any significant capital 

expenditures or large operating expenditures not budgeted for will require further drawdowns on the 

unused balance of the loan facility. 

An operating budget has been established for the 2016/17 financial year which shows a small operating 

deficit but the intention is to carefully manage the operations and achieve a breakeven at a minimum. 

Alex Campbell 

Honorary Treasurer 

37

ROYAL YACHT CLUB OF VICTORIA 

FINANCIAL REPORT 

FOR THE YEAR ENDED 31 MAY 2016 

38


STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME 


Note 2016 2015 

$ $ 

Revenue from ordinary 

activities 

Changes in inventories of goods held for 

sale 

Bar and catering cost of 

sales 

Employee benefits 

expense 

Depreciation and amortisation 

expenses 

2 3,477,132 2,933,333 

(5,419) 1,565 

(414,618) (386,031) 

(1,408,768) (1,340,361) 

3 (196,815) (185,813) 

Impairment of property, plant & equipment (1,022,690) - 

Administration expenses (451,736) (407,040) 

Clubhouse & function expenses (124,937) (129,260) 

Sailing 

expenses 

(428,730) (101,919) 

Yard & Marina expenses (102,447) (91,897) 

Other expenses from ordinary 

activities 

(37,782) (36,295) 

Borrowing costs expense 3 (43,941) (29,670) 

Profit/(loss) from operations before income tax expense (760,751) 226,612 

Income tax revenue (income tax expense) relating to 

operating 

activities 

Profit/(loss) from 

operations 

- - 

(760,751) 226,612 

Other comprehensive income for the year net of tax - - 

Total comprehensive income (loss) for the year 

Total comprehensive income (loss) attributable to 

members of the 

entity 

(760,751) 226,612 

(760,751) 226,612 

39

The accompanying notes form part of these financial statements. 

40


STATEMENT OF FINANCIAL POSITION 

AS AT 31 MAY 2016 


CURRENT 

ASSETS 

Cash and cash 

equivalents 

Trade and other 

receivables 

Inventories 

Other current 

assets 

TOTAL CURRENT 

ASSETS 

NON-CURRENT 

ASSETS 

Other financial 

assets 

Property, plant and 

equipment 

TOTAL NON-CURRENT 

ASSETS 

TOTAL 

ASSETS 

CURRENT 

LIABILITIES 

$ $ 

4 186,777 218,543 

5 789,629 643,277 

6 45,388 39,968 

7 10,508 6,005 

1,032,302 907,793 

8 200 200 

9 3,411,285 3,764,396 

3,411,485 3,764,596 

4,443,787 4,672,389 


payables 

38,663 10 246,526 300,740 

Interest-bearing 

liabilities 

11 - - 

Provisions 

12 365,105 289,972 

Other current 

liabilities 

13 914,107 916,888 

TOTAL CURRENT 

LIABILITIES 

1,525,738 1,507,600 

NON-CURRENT 

41

LIABILITIES 


payables 

Interest-bearing 

liabilities 

Provisions 

TOTAL NON-CURRENT 

LIABILITIES 

TOTAL 

LIABILITIES 

NET 

ASSETS 

EQUITY 

10 200 200 

11 1,008,409 521,638 

12 108,788 81,548 

1,117,397 603,386 

2,643,135 2,110,986 

1,800,652 2,561,403 

Reserves 14 - - 

Retained 

earnings 

15 1,800,652 2,561,403 

TOTAL 

EQUITY 

1,800,652 2,561,403 


42


CASH FLOW STATEMENT 



$ $ 

CASH FLOW FROM OPERATING ACTIVITIES 

Receipts from members and other operating activities 3,708,244 3,320,357 

Payments to suppliers and employees (3,267,789) (2,816,498) 

Interest received 1,343 1,401 

Borrowing costs (43,941) (29,670) 

Net cash provided by operating activities 17 (b) 397,857 475,590 

CASH FLOW FROM INVESTING ACTIVITIES 

Payment for property, plant and equipment (916,394) (1,058,479) 

Net cash used in investing activities (916,394) (1,058,479) 

CASH FLOW FROM FINANCING ACTIVITIES 

Net Proceeds from/(Repayment of) borrowings 486,771 132,578 

Net cash provided by financing activities 486,771 132,578 

Net Increase/(decrease) in cash held (31,766) (450,311) 

Cash at beginning of financial year 218,743 669,054 

Cash at end of financial year 17 (a) 186,977 218,743 


43


STATEMENT OF CHANGES IN EQUITY 



$ $ 

EQUITY 

Balance at beginning of the financial year 2,561,403 2,334,791 

Profit/(Loss) for the year (760,751) 226,612 

Other comprehensive income for the year - - 

Transfer from Reserve - - 

Balance at end of the financial year 1,800,652 2,561,403 

Represented by: 

Reserves: 

Balance at beginning of the financial year - - 

Transfer to retained earnings - - 

Balance at end of the financial year - - 

Retained Earnings 

Balance at beginning of the financial year 2,561,403 2,334,791 

Profit/(Loss) for the year (760,751) 226,612 

Other comprehensive income for the year - - 

Transfer from Reserve - - 

Balance at end of the financial year 1,800,652 2,561,403 


44


(INCORPORATED) 

NOTES TO THE FINANCIAL STATEMENTS 


Financial Reporting Framework 

The financial report covers Royal Yacht Club of Victoria as an individual entity. Royal Yacht Club of Victoria 

Incorporated is an association incorporated in Victoria under the Associations Incorporation Reform Act 2012 

(Vic). 

The financial report is a general purpose financial report which has been prepared in accordance with Australian 

Accounting Standards, Australian Accounting Interpretations and the Associations Incorporation Reform Act 2012 

(Vic). Australian Accounting Standards set out accounting policies that the AASB has concluded would result in a 

financial report containing relevant and reliable information about transactions, events and conditions to which they 

apply. Material accounting policies adopted in the preparation of this financial report are presented below and have 

been consistently applied unless otherwise stated. 

The financial statements, except for the cash flow information, have been prepared on an accruals basis and are based 

on historical costs, modified, where applicable, by the measurement at fair value of selected non-current assets, 

financial assets and financial liabilities. The amounts presented in the financial statements have been rounded to the 

nearest dollar. 

(a) Inventories 

Inventories are measured at the lower of cost and net realisable value. Costs are assigned on a first-in first-out basis. 

(b) Property, Plant and Equipment 

Property, plant and equipment is stated at cost less accumulated depreciation and any impairment in value. 

Depreciation is calculated on a straight-line basis over the estimated useful life of the asset as follows: 

Plant and equipment – over 2 to 15 years 

The depreciation rates used for each class of depreciable asset are: 

Class of fixed asset 

Rate 

Club house building 2-20% 

Hardstand and carpark areas 2-25% 

Lockers & sundry 10% 

Marina 3.34-33% 

Cadet area 10% 

Club boats 10-20% 

Royal Training Centre Boats 10-20% 

Furniture & equipment 5-33% 

Computer equipment 10-33% 

The carrying amount of fixed assets is reviewed annually by the Committee to ensure it is not in excess of the 

recoverable amount of those assets. The recoverable amount is assessed as the higher of fair value less costs to sell 

or its value in use. 

43





NOTE 1: STATEMENT OF SIGNIFICANT ACCOUNTING POLICIES (Con’t) 

(c) Cash 

For the purposes of the Statement of Cash Flows, cash includes cash on hand, at banks and on deposit net of bank 

overdrafts. 

(d) Employee Entitlements 

Provision is made for benefits accruing to employees in respect of wages and salaries, annual leave, long service 

leave and other employee benefits when it is probable that settlement will be required and they are capable of being 

measured reliably. 

Wages and salaries, annual leave, long service leave and other employee benefits expected to be settled within 12 

months, are measured at their nominal values using the remuneration rate expected to apply at the time of settlement. 

Long service leave and other employee benefits which are not expected to be settled within 12 months are measured 

as the present value of the estimated future cash outflows to be made by the entity in respect of services provided by 

employees up to reporting date. 

Superannuation Guarantee Charge 

The club pays the Superannuation Guarantee Charge (SGC) to superannuation schemes as required under applicable 

legislation. 

(e) Income Tax 

The club is exempt from Income Tax. 

(f) Revenue 

Sale of Goods: Revenue from the sale of goods (food, beverages, clothing and other items) is recognised at the 

point of sale when it is probable the economic benefits associated with the transaction will flow to the club and the 

amount of the revenue can be reliably measured. 

Rendering of Services: Revenue from members’ subscriptions and rental of marina space are recognised at the point 

of service to the member or customer when it is probable the economic benefits associated with the transaction will 

flow to the club and the amount of the revenue can be reliably measured. 

Deferred and unearned revenue: The Club receives revenue in advance from members and customers. These 

amounts are recorded as liabilities until such time as the requirements of the clubs revenue recognition criteria have 

been met at which time the amounts are reclassified to revenue. 

Finance Income: Interest income is recognised on a time proportionate basis that takes into account the effective 

yield on the financial asset. 

44





NOTE 1: STATEMENT OF SIGNIFICANT ACCOUNTING POLICIES (Con’t) 

(g) Goods and Services Tax (GST) 

Revenues, expenses and assets are recognised net of the amount of GST, except where the amount of GST incurred 

is not recoverable from the Australian Taxation Office. In these circumstances the GST is recognised as part of the 

cost of acquisition of the asset or as part of an item of expense. Receivables and payables in the Statement of 

Financial Position are shown inclusive of GST. 

(h) Impairment 

At the end of each reporting period, the Club assesses whether there is any indication that an asset may be impaired. 

The assessment will include considering external sources of information and internal sources of information. If such 

an indication exists, an impairment test is carried out on the asset by comparing the recoverable amount of the asset, 

being the higher of the asset’s fair value less costs of disposal and value in use, to the asset’s carrying amount. Any 

excess of the asset’s carrying amount over its recoverable amount is recognised immediately in profit or loss, unless 

the asset is carried at a revalued amount. Any impairment loss of a revalued asset is treated as a revaluation decrease. 

For an asset that does not generate largely independent cash inflows, the recoverable amount is determined for the 

cash-generating unit to which the asset belongs. 


45





$ $ 

NOTE 2: REVENUE 

Operating activities 

- Clubhouse Income 867,274 826,907 

- Membership fees 563,740 558,957 

- Racing & Sailing 465,557 192,070 

- Yard & Marina 1,276,279 1,209,829 

- Other Income (including grants and donations) 302,939 144,169 

- Interest - Bank 1,343 1,401 

3,477,132 2,933,333 

NOTE 3: PROFIT FROM ORDINARY 

ACTIVITIES 

Profit (losses) from ordinary activities before income tax 

expenses (income tax revenue) has been determined after: 

(a) Expenses: 

Cost of sales 420,037 384,465 

Borrowing 

costs: 

- Interest NAB loan 43,941 29,670 

Depreciation of non-current 

assets 

- Leasehold improvements & Plant & equipment 196,815 185,813 

Bad and doubtful 

debts: 

- increase(reduction) in impairment provision 12,120 15,000 

- members’ accounts written off 8,757 12,404 

Remuneration of the auditors 

for: 

- audit or review services 13,800 14,070 

- accounting and consulting services 9,010 6,690 

Operating Leases 

- Rent of Premises (from Parks Victoria) 85,000 47,760 

(b) Significant (Revenue) & Expenses 

The following significant revenue and expense items 

are relevant in explaining the financial performance: 

Para Worlds Revenue (258,819) - 

Para Worlds Expenses 308,129 - 

Australian Sports Foundation grants received (246,656) (98,970) 

Provisions for employee entitlements 102,372 126,170 

Impairment of property, plant & equipment 1,022,690 - 

NOTE 4: CASH AND CASH EQUIVALENTS 

Cash on 

hand 

5,100 5,100 

Cash at bank - NAB Business 21,366 24,890 

46

a/c 

Cash At Bank – NAB Maximiser accounts 50,198 22,532 

Cash at Bank - NAB Marina Prepayments Account - 125,310 

Deposits at call -See Change & Sail Training Fund 100,002 11,249 

Cash and Deposits on Hand 4,046 25,891 

Marina And Hardstand Account 2,494 - 

Travel fund - NAB 3,571 3,571 

186,777 218,543 





NOTE 5: TRADE AND OTHER RECEIVABLES 

CURRENT 


$ $ 

Trade 

receivables 

779,411 615,782 

Less provision for impairment (25,000) (30,000) 

754,411 585,782 

Other debtors and accrued 

income 

35,218 57,495 

789,629 643,277 

Movement in provision for impairment 

Opening balance 30,000 15,000 

Amount written off (17,120) - 

additional provision (reduction) made during the year 12,120 15,000 

Closing balance 25,000 30,000 

Trade receivables are non-interest bearing and are 

normally on 30 day terms. A provision for impairment 

loss is recognised when there is objective evidence that 

an individual trade receivable is impaired. 

At 31 st May 2016, the ageing and analysis of trade 

receivables is as follows Gross Allowance 

Current 651,763 

31-60 days 879 

61-90 days 9,339 

91 days and over 117,430 25,000 30,000 

Closing balance 779,411 25,000 30,000 

NOTE 6: INVENTORIES 

CURRENT 

Finished goods at 

cost 

46,388 40,968 

47

Less Provision for stock obsolescence (1,000) (1,000) 

45,388 39,968 

NOTE 7: OTHER CURRENT ASSETS 

CURRENT 

Prepayments 

10,508 6,005 

NOTE 8: OTHER FINANCIAL ASSETS 

NON-CURRENT 

Cash management & term deposit accounts with banks 

Livingston trophy fund - - 

GD Low memorial fund 200 200 

200 200 

48






$ $ 

NOTE 9: PROPERTY, PLANT AND EQUIPMENT 

(a) Leasehold 

Improvements 

Clubhouse, at 

cost 

Less accumulated 

depreciation 

Marina, at 

cost 


depreciation 

1,497,513 1,394,733 

(539,639) (500,070) 

957,874 894,663 

2,133,733 1,932,722 

(1,212,744) (1,139,276) 

920,989 793,446 

Hardstands, at 

cost 

2,443,045 1,999,159 


depreciation 

(425,440) (408,053) 

Less accumulated impairment loss (1,022,690) - 

994,915 1,591,106 

Lockers and sundry, at cost 34,192 34,192 

Less accumulated depreciation (34,192) (34,192) 

- - 

Car park, at cost 150,411 142,704 


71,048 71,198 

Cadet area, at cost 29,360 29,360 


3,524 4,355 

Total Leasehold Improvements 2,948,350 3,354,768 

(b) Plant & Equipment 

49

Plant, furniture and equipment at cost 964,548 877,450 


359,441 310,817 

Club boats at cost 486,770 462,859 


103,494 98,811 

Total Plant & Equipment 462,935 409,628 

Total property, plant and equipment 3,411,285 3,764,396 

50

NOTE 9: PROPERTY, PLANT AND EQUIPMENT 

(Continued) 






$ $ 

(c) Movements in Carrying Amounts 

Movement in the carrying amounts for each class of property, plant and equipment between the beginning and the 

end of the year. 

Lockers & 

Clubhouse Marina Hardstand sundry Car park 

$ $ $ $ $ 

Balance at the beginning 

of the year 894,663 793,446 1,591,106 - 71,198 

Additions 102,780 201,012 443,886 - 7,707 

Disposals - - - - - 

Depreciation expense (39,569) (73,469) (17,386) - (7,858) 

Impairment Loss - - (1,022,690) - - 

Carrying amount at end of year 957,874 920,989 994,915 - 71,048 

Plant & 

Cadet Area Equipment Club Boats Total 

$ $ $ $ 

Balance at the beginning 

of the year 4,355 310,817 98,811 3,764,396 

Additions - 87,098 23,911 866,394 

Disposals - - - - 

Depreciation expense (831) (38,474) (19,228) (196,815) 

Impairment Loss - - - (1,022,690) 

Carrying amount at end of year 3,524 359,441 103,494 3,411,285 

(d) Impairment Losses - New Western Hardstand area/Platform Lift 

The total impairment loss recognised in profit and loss during the period amounted to $ 1,022,690. The impairment 

loss is separately recognised in the statement of profit or loss as impairment of property, plant and equipment. 

During the 2014/15 and 2015/16 financial years, the RYCV (Club) incurred capital expenditure totalling 

$1,717,906 on the Platform Lift Project and subsequent rectification work. This project was never completed as 

originally specified and at a meeting of members on the 20 th June 2015 it was resolved not to continue with the 

original project and instead substantially modify the project outcomes from a Platform Lift to Hardstand. 

Rectification works were required as part of the modified project including concreting all the Hardstand area and 

making safe the platform lift pit. The rectifications will also involve probable future capping of the present lift pit 

with a deck strong enough to take a travel lift operation. 

During the 2016 year, the committee has undertaken a review of the carrying value of this project to date compared 

to its value in use to the Club. Arising from this review, the committee has identified the ongoing value in use to 

the Club of the above works to be $695,215. Accordingly, an impairment loss of $1,022,690 has been incurred and 

charged to profit and loss during the 2016 year. 

51





NOTE 10: TRADE AND OTHER PAYABLES 

CURRENT 


$ $ 

Unsecured 

liabilities 

Trade 

creditors 

108,872 60,622 

Australian Taxation Office (GST and PAYGW) 50,907 62,148 

Sundry creditors and 

accruals 

86,747 177,970 

246,526 300,740 

NON-CURRENT 

Sundry creditors and 

accruals 

200 200 

NOTE 11: INTEREST BEARING LIABILITIES 

CURRENT 

Secured liabilities 

Bank loans - NAB Flexible Rate Loan - - 

NON-CURRENT 

Secured liabilities 

Bank loans - NAB Flexible Rate Loan 1,008,409 521,638 

The Club has a secured flexible rate loan facility limit of 

$1,350,000 secured by security interest and charge over all 

present and future rights, property and undertakings of the club 

and Mortgage of lease over RYCV premises at 120 Nelson Place 

Williamstown. At the 31 st May 2016, the club had drawn down 

$1,008,409 of this facility. The Club has noted to the bank it 

only has approval from the members to draw down $1,300,000 

and will only draw on the loan up to the approved amount. 

NOTE 12: PROVISIONS 

CURRENT 

Employee benefits (a) 365,105 289,972 

NON-CURRENT 

Employee benefits (a) 108,788 81,548 

52

(a) Aggregate employee benefits liability 473,893 371,520 






$ $ 

NOTE 13: OTHER CURRENT LIABILITIES 

CURRENT 

Marina Prepayments in advance (refer also Note 20) 350,000 340,909 

Subscriptions in advance 465,181 448,984 

Deferred income 63,981 97,093 

Other Income In Advance 34,945 29,902 

914,107 916,888 

NOTE 14: RESERVES 

Opening balance at start of financial year - - 

Transfer to/(from) retained earnings - - 

Balance at the end of the financial year - - 

NOTE 15: RETAINED PROFITS 

Retained profits at the beginning of the financial 

year 

Net profit (loss) attributable to members of the 

entity 

Retained profits at the end of the financial 

year 

2,561,403 2,334,791 

(760,751) 226,612 

1,800,652 2,561,403 

NOTE 16: OPERATING LEASE COMMITMENTS 

The Club has successfully negotiated a 65 year lease with 

the Minister for the Environment, Climate Change and 

Water to be managed by Parks Victoria effective 1 st June 

2015 and expiring on the 31 st May 2080. This lease was 

executed on the 14 th May 2015 and provides for annual CPI 

adjustments and market reviews every three years from the 

commencement date. 

Less than one year 129,250 93,500 

Later than one year not later than five years 660,000 624,250 

Later than five years 9,735,000 9,900,000 

10,524,250 10,617,750 

53






$ $ 

NOTE 17: CASH FLOW INFORMATION 

(a) Reconciliation of cash 

Cash at the end of the financial year as shown in the 

statement of Cash Flows is reconciled to the related items 

in the statement of financial position as follows: 

Cash on hand 5,100 5,100 

Cash at bank 71,564 47,422 

Cash on deposit – See Change Account 100,002 11,249 

Marina Prepayments Account - 125,310 

Cash and Deposits on hand 4,046 25,891 

Travel fund 3,571 3,571 

Marina and Hardstand Account 2,494 - 

GD Low memorial fund 200 200 

186,977 218,743 

(b) Reconciliation of cash flow from operations with profit 

/ (loss) from ordinary activities after income tax 

Profit / (Loss) from ordinary activities after income tax (760,751) 226,612 

Non-cash flows in profit / (loss) from ordinary activities 

Provision for leave entitlements – increase/(decrease) 102,373 126,170 

Provision for doubtful debts – increase/(decrease) (5,000) 15,000 

Depreciation 196,815 185,813 

Impairment Loss 1,022,690 - 

Changes in assets and liabilities 

(Increase)/decrease in receivables (91,352) 138,426 

(Increase)/decrease in other assets (4,503) (759) 

(Increase)/decrease in inventories (5,420) 2,565 

Increase/(decrease) in payables (54,214) (166,385) 

Increase/(decrease) in subscriptions in advance 16,197 11,796 

Increase/(decrease) in income in advance (18,978) (63,648) 

Cash flows from operations 397,857 475,590 

54





NOTE 18: RELATED PARTY DISCLOSURES 

During the year ended 31 May 2016 no Committee members undertook any transactions with the Royal Yacht Club 

of Victoria (Incorporated) other than at normal member terms and conditions. 

NOTE 19: CONTINGENT LIABILITIES 

There were no contingent liabilities at 31 May 2016 that may become payable by the Royal Yacht Club of Victoria 

(Incorporated). 

NOTE 20: EVENTS SUBSEQUENT TO BALANCE DATE 

(i) Floating Marina Development 

The Club is currently finalising a proposal for members to replace the current marina with a floating marina, this 

includes an expansion to the current number of berths and improved facilities for club members. It is proposed the 

funding for this project will be in the form of external finance. The project proposal will be put to members at a 

general meeting to be convened during the course of the 2016/17 reporting year. Prior to the 31 st May 2016, the 

club has received prepaid marina license/fees amounting to $350,000.00 (exc. GST). These prepaid amounts are 

voluntary payments on the part of members to assist the club in the preliminary costs of evaluation of the 

project. If the project is adopted by members then these prepayments will be attributed as license fees relating to 

the new marina. Should the project not proceed, these prepayments will be treated as contributions towards 

current club membership/marina fees over several years to ensure adequate cash flow for the Club. 

(ii) Club House Development 

The Club has evaluated the costs and related funding for a new Club House, the works to date and the power 

upgrade related to the new Club House has been entirely funded by a donation by Mr Nigel Peck AM. He 

subsequently increased the pledge of a donation to $5 million, to be made through the Australian Sports 

Foundation. The project is estimated to cost in the order of $7.5-8 million including professional fees, provision of 

temporary services etc. The Club is currently seeking additional donations from members to assist with the 

project. 

55






$ $ 

NOTE 21: CAPITAL EXPENDITURE 

COMMITMENTS 

Capital Expenditure commitments contracted for as at 

balance date. 

(i) Club House renovations Project - - 

(ii) Platform Lift - - 

(iii) Electricity Power supply upgrade - 81,460 

(iv) Trench project (re power supply) - - 

(v) Marina project 7,500 - 

Payable not later than 12 months (excluding GST) 7,500 81,460 

NOTE 22: SEGMENT REPORTING 

The Royal Yacht Club of Victoria (Incorporated) operates predominantly in one business and geographical segment, 

being promoting the use of all classes of sailing boats, the science of navigation and racing and provides social 

facilities for members of the club within Australia. 

NOTE 23: ASSOCIATION DETAILS 

The principal place of business of the association is: 

Royal Yacht Club of Victoria 

120 Nelson Place 

Williamstown VIC 3016 

56





NOTE 24: FINANCIAL INSTRUMENTS 

Weighted 

Average 

Effective 

Interest 

Rate % 

Floating 

Interest 

Rate 

$ 

Fixed Interest Rate 

Maturities 

1 year 1 to 5 

or less years 

$ $ 

Non Total 

Interest 

Bearing 

$ $ 

31 MAY 2016 

Assets: 

Cash assets 0.68% 184,283 184,283 

Receivables 789,629 789,629 

Other financial assets 200 200 

184,483 789,629 974,112 

Liabilities: 5.74% 

Payables 246,726 246,726 

Interest bearing liabilities 1,008,409 1,008,409 

1,008,409 246,726 1,255,135 

Net financial assets/ (liabilities) (823,926) 542,903 (281,023) 

31 May 2015 

Total financial assets 218,743 643,277 862,020 

Total financial liabilities 521,638 300,740 822,378 

Net financial assets/ (liabilities) (302,895) 342,537 39,642 

(a) Interest Rate Risk 

Exposure to interest rate risk arises on financial assets and financial liabilities recognised at the end of the reporting 

period whereby a future change in interest rates will affect future cash flows or the fair value of fixed rate financial 

instruments. The association is exposed to earnings volatility on floating rate instruments. The financial instruments 

that expose the association to interest rate risk are limited to the secured flexible rate loan facility (refer Note 11) and 

cash at bank. 

(b) Credit Risk 

The maximum exposure to credit risk, excluding the value of any collateral or other security, at balance date to 

recognised financial assets is the carrying amount of those assets, net of any provisions for doubtful debts, as 

disclosed in the statement of financial position and notes to the financial report. 

The club does not have any material credit risk exposure to any single debtor or group of debtors under financial 

instruments entered into by the club. 

(c) Net Fair Values 

For other assets and other liabilities the net fair value approximates their carrying value. 

The aggregate net fair values and carrying amount of financial assets and financial liabilities are disclosed in the 

statement of financial position and in the notes to the financial statements. 

57



STATEMENT BY MEMBERS OF THE COMMITTEE 

In the opinion of the committee the financial report as set out on pages 38 to 55: 

1. Presents fairly the financial position of Royal Yacht Club of Victoria (Incorporated) as at 31 May 2016 and its 

performance for the financial year ended on that date in accordance with Australian Accounting Standards 

(including Australian Accounting Interpretations) of the Australian Accounting Standards Board and the 

requirements of the Associations Incorporation Reform Act 2012 (Vic). 

2. At the date of this statement, there are reasonable grounds to believe that Royal Yacht Club of Victoria 

(Incorporated) will be able to pay its debts as and when they fall due. 

This statement is made in accordance with a resolution of the committee and is signed for and on behalf of the 

Committee by: 

David Seaman 

Commodore 

Dated this 12 th day of August 2016 

Alex Campbell 

Honorary Treasurer 

58

J O H N W O O D W A R D 

CHARTERED ACCOUNTANT 

A.B.N. 35 761 920 294 

INDEPENDENT AUDIT REPORT 

TO THE MEMBERS OF 



Report on the Financial Report 

I have audited the accompanying financial report of the Royal Yacht Club of Victoria Incorporated (‘the Club”) for 

the year ended 31 st May 2016 as set out on pages 38 to 56. 

Committee’s Responsibility for the Financial Report 

The committee of the club is responsible for the preparation of the financial report that gives a true and fair view in 

accordance with Australian Accounting Standards (including Australian Accounting Interpretations) and the 

Associations Incorporation Reform Act 2012 (Vic) and for such internal control as the committee determines is 

necessary to enable the preparation of the financial report that is free from material misstatement, whether due to 

fraud or error. 

Auditor’s Responsibility 

My responsibility is to express an opinion on the financial report based on my audit. My audit has been conducted 

in accordance with Australian Auditing Standards. Those standards require that I comply with relevant ethical 

requirements relating to audit engagements and plan and perform the audit to obtain reasonable assurance whether 

the financial report is free from material misstatement. 

An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial 

report. The procedures selected depend on the auditor’s judgement, including the assessment of the risks of material 

misstatement of the financial report, whether due to fraud or error. In making those risk assessments, the auditor 

considers internal control relevant to the entity’s preparation of the financial report that gives a true and fair view in 

order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an 

opinion on the effectiveness of the entity’s internal control. An audit also includes evaluating the appropriateness of 

accounting policies used and the reasonableness of accounting estimates made by the committee, as well as 

evaluating the overall presentation of the financial report. 

I believe that the audit evidence I have obtained is sufficient and appropriate to provide a basis for my audit opinion. 

Independence 

In conducting my audit, I have complied with the independence requirements of Australian professional ethical 

pronouncements. 

Audit Opinion 

In my opinion, the financial report of the Royal Yacht Club of Victoria Incorporated is in accordance with the 

requirements of the Associations Incorporation Reform Act 2012 (Vic) including: 

(i) giving a true and fair view of the financial position of the Royal Yacht Club of Victoria Incorporated 

as at 31 st May 2016 and of its performance for the year then ended on that date; and 

(ii) complying with Australian Accounting Standards as disclosed in Note 1. 

John Woodward 

Chartered Accountant 

Suite 1, Level 5, 398 Lonsdale Street, Melbourne Vic 3000 

Dated this 12 th day of August 2016 

59

60

Many thanks to our sponsors 

43

2016 Annual Report

Create successful ePaper yourself

Delete template?

Save as template?