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Annual Report 2021/2022

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42 Aktive <strong>Annual</strong> <strong>Report</strong> <strong>2021</strong>/<strong>2022</strong><br />

Aktive <strong>Annual</strong> <strong>Report</strong> <strong>2021</strong>/<strong>2022</strong> 43<br />

NOTES TO THE FINANCIAL STATEMENTS<br />

Aktive | For the year ended 30 June <strong>2022</strong><br />

1. ACCOUNTING POLICITES (REFER TO STATEMENT OF ACCOUNTING POLICIES)<br />

2. REVENUE FROM NON-EXCHANGE TRANSACTIONS<br />

<strong>2022</strong> <strong>2021</strong><br />

SPORT NEW ZEALAND FUNDING<br />

Tū Manawa/KiwiSport funding 5,519,154 6,064,949<br />

Community Sport, COVID-Community Resilience, and other funding 9,261,908 11,483,193<br />

Total Sport New Zealand funding 14,781,062 17,548,141<br />

Other grants, donations and similar revenue 2,320,661 2,035,186<br />

TOTAL REVENUE FROM NON-EXCHANGE TRANSACTIONS 17,101,723 19,583,327<br />

Grant Income in <strong>2022</strong> includes the following amounts gratefully received; Foundation North $2,080,500, NZ Community Trust<br />

$335,760, Water Safety New Zealand Incorporated $125,000, and Auckland Council $657,000.<br />

3. ANALYSIS OF EXPENSES - TOTAL EXPENSES INCLUDES THE FOLLOWING SPECIFIC EXPENSES<br />

GRANTS - COMMUNITY FUNDING<br />

Funding - Tū Manawa/KiwiSport 5,350,179 5,764,936<br />

Funding - COVID-Community Resilience 1,915,135 4,236,591<br />

Other grants and donations made 6,090,087 5,828,257<br />

Total Grants - community funding 13,355,401 15,829,784<br />

EMPLOYEE RELATED COSTS<br />

Salary costs - administration 362,401 473,155<br />

Salary costs - shared accounting services to sector 529,011 517,210<br />

Salary costs - community sport initiatives 1,926,055 1,746,060<br />

Total Employee related costs 2,817,467 2,736,425<br />

OTHER EXPENSES<br />

Audit fees 29,495 10,000<br />

Loss on disposal of property, plant and equipment (217) 135<br />

Leasing, rental and other interest costs 78,891 112,248<br />

Trustees and related party expenses, and associated costs 100,776 107,594<br />

Community sport initiatives - programme, workshop and similar costs 464,237 558,724<br />

Other administrative costs 206,381 182,726<br />

Other Shared Services costs 53,940 49,288<br />

Other community sport initiatives direct costs 486,889 271,757<br />

Total Other expenses 1,420,391 1,292,472

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