Annual Report 2021/2022
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46 Aktive <strong>Annual</strong> <strong>Report</strong> <strong>2021</strong>/<strong>2022</strong> Aktive <strong>Annual</strong> <strong>Report</strong> <strong>2021</strong>/<strong>2022</strong> 47<br />
<strong>2022</strong> <strong>2021</strong><br />
<strong>2022</strong> <strong>2021</strong><br />
11. COMMITMENTS<br />
NON-CANCELLABLE OPERATING LEASE COMMITMENTS<br />
Not later than one year 16,269 101,928<br />
Later than one year and no later than five years - 152,892<br />
Later than five years - -<br />
Total Non-cancellable operating lease commitments 16,269 254,820<br />
Other Commitments<br />
Aktive has entered into various grant commitments for community sport<br />
14,215,317 5,461,996<br />
development over the next one to three years<br />
Aktive has entered into an IT service contract with Xtreme Productivity 20,158 18,358<br />
Total Other Commitments 14,235,475 5,480,354<br />
14. RELATED PARTIES<br />
Expenses (including any payable items)<br />
D. Atkins; Trustee fees 12,000 12,000<br />
G. Child; Trustee fees 24,000 24,000<br />
P. Hulse; Trustee fees 7,000 5,000<br />
S. Katae; Trustee fees 12,000 12,000<br />
E. Lyndon; Trustee fees - 3,000<br />
M. Lyndon; Trustee fees 12,000 8,333<br />
P. Meehan; Trustee fees 4,000 12,000<br />
J. Shoebridge; Trustee fees 8,000 -<br />
D. Tse; Trustee fees 12,000 12,000<br />
J. Wiggins; Trustee fees - 3,000<br />
Total Expenses (including any payable items) 91,000 91,333<br />
NON-CANCELLABLE OPERATING LEASE COMMITMENTS<br />
The non-cancellable operating lease commitment relates to the office rental at AUT Millennium (<strong>2021</strong>: relates to the office rental at<br />
14 Normanby Road, Aktive no longer uses these premises).<br />
12. CONTINGENT LIABILITIES AND GUARANTEES<br />
At year end, there were no contingent liabilities or guarantees (<strong>2021</strong>: no contingent liabilities or guarantees).<br />
KEY MANAGEMENT PERSONNEL<br />
The key management personnel, as defined by PBE IPSAS 20 Related Party Disclosures, are the members of the governing body<br />
which is comprised of the Board of Trustees (for the most part of <strong>2022</strong> there were 8 Trustees, the full complement of Trustees<br />
consistent with the constitution of Aktive, <strong>2021</strong>: 8) and employees having the authority and responsibility for planning and controlling<br />
the activity of Aktive, which constitutes the governing body of Aktive. The aggregate remuneration of key management personnel and<br />
the number of individuals, determined on a full-time equivalent basis, receiving remuneration is as follows (noting the increase in key<br />
management personnel from 6 to 8 personnel has come as a result of an organisation structure adjustment whereby two internal staff<br />
have been elevated to the executive team to flatten out the organisation structure):<br />
13. IN-KIND GOODS OR SERVICES PROVIDED<br />
IN-KIND GOODS OR SERVICES<br />
Cars provided by West City Holden 8,400 8,400<br />
Copier provided by Toshiba 2,400 -<br />
Operational/legal support by Simpson Grierson - 17,500<br />
Total In-kind goods or services 10,800 25,900<br />
The above in-kind goods or services that are much appreciated are included within Other Operating Revenue and also within Other<br />
Expenses within the Statement of Revenue and Expenditure.<br />
KEY MANAGEMENT REMUNERATION<br />
Total remuneration 1,104,956 900,759<br />
Number of persons 8 6<br />
15. EVENTS AFTER THE BALANCE DATE<br />
There were no events that have occurred after the balance date that would have material impact on the financial statements.<br />
16. COMPARATIVES<br />
The comarative figures cover the 12 month period ended 30 June <strong>2021</strong>.