Aktive Full Annual Report 2017/18

38 Aktive Annual Report 2017/2018
2018 2017
14. RELATED PARTIES
Receivables
No related party receivables - -
Total Receivables - -
Payables
R. Lovett; Trustee fees payables (2017: R. Lovett - Trustee fees) - 6,000
Total Payables - 6,000
Revenue
No related party sales transactions - -
Total Revenue - -
Expenses
N. Alexander; Trustee fees 9,000 -
G. Child; Trustee fees 12,000 12,000
R. Lovett; Trustee fees 24,000 24,000
E. Lyndon; Trustee fees 12,000 12,000
P. Meehan; Trustee fees 12,000 12,000
H. Robinson; Trustee fees 12,000 12,000
D. Tse; Trustee fees 12,000 12,000
J. Wiggins; Trustee fees 12,000 12,000
Total Expenses 105,000 96,000
KEY MANAGEMENT PERSONNEL
The key management personnel, as defined by PBE IPSAS 20 Related Party Disclosures, are the members of the governing body
which is comprised of the Board of Trustees (for the most part of 2018 there were 8 Trustees, the full complement of Trustees
consistent with the constitution of Aktive, 2017:7), and employees having the authority and responsibility for planning and
controlling the activity of Aktive, which constitutes the governing body of Aktive. The aggregate remuneration of key management
personnel and the number of individuals, determined on a full-time equivalent basis, receiving remuneration is as follows:
KEY MANAGEMENT REMUNERATION
Total remuneration. 951,966 856,158
Number of persons 7 6
15. EVENTS AFTER THE BALANCE DATE
Aktive has entered into agreements with Sport New Zealand to receive $500,000 for Regional Sports Directors funding, $765,000
for He Oranga Poutama funding, and $2,941,182 for KiwiSport funding.