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