ACN 52 001 536 536

PO Box 260, Horsley Park NSW 2175

Lot 1 off Elizabeth Drive Cecil Park NSW 2178
Ph02 9826 1399 Fax02 9826 1933
info@cecilparkctc.com.au
www.cecilparkctc.com.au

TO ALL MEMBERS

DATE 4nd July 2016

RE: NOTICE OF ANNUAL GENERAL MEETING

AND ELECTION OF BOARD
The Annual General Meeting will be held at the CPCTC Club House, Elizabeth
Drive, on Saturday 16th July 2016, at 12 noon. The shooting grounds will be
open at 10am as usual.
We encourage all financial members to attend the meeting.
All Board positions including the President will become vacant,
You Must be a member for 3 Calender Years to be on the Board.
The agenda for the meeting is:. Accept apologies
. Accept minutes of the last AGM
. Business arising
. Correspondence
. Presidents report

. Financial report
. Receive Notices of Motion (if any)
. General business
. Election of President
. Election of Board

The club Auditor Will J Piepers will be present at our AGM.

The CPCTC Auditors Financial Report for the year ending 31st of December
2015 by Berger Piepers Chartered Accountants will be sent to any member upon
request by email or post. Copies will also be available from the club house.
A Proxy form is enclosed for you to complete if you cannot attend the meeting
and wish to vote on any specific issue.
May I remind you again of the importance of maintaining your membership to
the Club, especially if you have nominated the Club as your primary club with
the Firearms Registry.
A reminder that you must be a financial member to vote at the Annual General
Meeting.
Vince Gatt,
President

LIST OF NOMINATIONS FOR COMMITTEE/ BOARD OF DIRECTORS

FOR ELECTION AT THE ANNUAL GENERAL MEETING 16th July 2016

President: Vincent Gatt

Committee/Board of Directors:
Ben Buhagiar
Louis Galea
Angelo Santangelo
Spiros Tourgelis
Paul Micallef
Ben Bartolo

Mohamad Chehimy
Joe Haddad
Geoffrey Woods

All nominees are current members of CPCTC Ltd and have been duly nominated and
seconded. They have agreed to serve the Club in the capacity of Director for the following
year.

President's Report
For year ended 31st December 2015
Dear Fellow Members,
I would like to thank all the Board Members, Office staff, Grounds men, Volunteers,
members and of course our Sponsors for all their help and support throughout the
past year.
Another year has gone; 2015 we had a up & down year .
We had many AISL competitions throughout the year as well as all our major shoots;
The Highlights of the year were . EASTER CARNIVAL, 2 DAY SKEET CARNIVAL ,
& Our 2 DAY BOXING DAY CARNIVAL. These were to name just a few of the major
competitions held on top of our major shoots throughout the year.
I would like to thank ALL the club staff from the groundsmen right through to the
office staff plus all the VOLUNTEERS who are much appreciated for their help
throughout the year. I apologise for our Web Site not being up to date during the
year , Contamination problem with the grounds has cost us a lot of funds with
cleaning & tip fees , we were given till June 2016 to rectifying as per our agreement
with Sports & Rec ,
Our group booking facilities are going ahead. Range Officers in place on the
weekends,
We would like to thank Ben Buhagiar for taking care of the Monthly Skeet
competitions, Louis Galea for the DTL competitions, Elton &Kathy Chetcuti for the
Monthly Wednesday Night Sporting layout, Spiros Tourgelis for Friday night
practice, . Another thank you to Angelo Santangelo, Leonardo Pezzano & Ben
Buhagiar for running the license testing at our club. Also for our JUNIOR
DEVELOPMENT PROGRAM which has been growing throughout the year, thank
you to Elton & Kathy Chetcuti & their committee for their commitment. A Special
Thanks to All the Employees
Just a Though for All This Club is made up of 80% of social shooters who

come to enjoy the sport with like minded friends.

For all up & coming competitions please go to our website www.cecilparkctc.com.au

or Club face book
News We were given till 30th June 2016 to rectifying as per our agreement
with Sports & Rec , Due to the Club not being able not to meet with our
obligations
We will be entering in to a new Contract from the 1st July ,we will be on a In
trim un signed Contract until is signed ,as we can still run our practice &
competitions as normal The Club & Board will run in the same way,
Our Main Objective will be to have our Remedied of Shot &
Contamination of License area signed of from our responsibility.

Cecil Park Members Free Christmas BBQ to be held on

Saturday 26th November 2016

Future High Profile Events:

Please go to our website www.cecilparkctc.com.au

Membership,we currently have 527 ACTA

Trading Result-31 December 2015

We advise the following as reflected in the Clubs 31st December 2015 annual report:
5.

REVIEW OF OPERATIONS

The company achieved a loss after tax of $1,597 (2014: $94,832 loss). Before depreciation
charges, the company achieved a profit of $26,987 (2014: $65,547 loss). During the 2015
year additional costs were incurred in relation to the removal and disposal of contaminated
soil.
Sales revenue increased by 25.8% from $740,823 in 2014 to $931,865 in 2015.
Schedule 1
CECIL PARK CLAY TARGET CLUB LIMITED
A.B.N. 52 001 536 536
STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2015
NOTE

CURRENT ASSETS
Cash and cash equivalents
Inventories
Other

5
6
7

TOTAL CURRENT ASSETS

NON-CURRENT ASSETS
Property, plant and equipment
Preliminary expenses

2015
$

2014
$

287,940
158,855
12,180

379,613
72,017
5,869

458,975

457,499

132,397
251

139,555
251

TOTAL NON-CURRENT ASSETS

132,648

139,806

TOTAL ASSETS

591,623

597,305

39,282
65,139
33,752

41,380
58,961
41,917

TOTAL CURRENT LIABILITIES

138,173

142,258

TOTAL LIABILITIES

138,173

142,258

NET ASSETS

453,450

455,047

Retained profits

453,450

455,047

TOTAL EQUITY

453,450

455,047

CURRENT LIABILITIES
Trade and other payables
Other current liabilities
Provisions

9
10
11

EQUITY

Schedule 2
CECIL PARK CLAY TARGET CLUB LIMITED
A.B.N. 52 001 536 536
STATAMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED 31 DECEMBER 2015
NOTE

Revenue
Sale of goods and services
Finance income
Other income

3(a)
3(b)

TOTAL REVENUE
Expenses
Cost of goods sold
Depreciation and amortisation
Employee benefits
Other expenses

3(c)
3(d)
3(e)
3(f)

TOTAL EXPENSES
PROFIT/(LOSS) BEFORE INCOME TAX
Income tax expense
PROFIT/(LOSS) FOR THE TEAR

2015
$

2014
$

931,685
8,625
17,961

740,823
11,356
14,038

958,271

766,217

(522,132)
(28,584)
(174,031)
(235,121)

(441,577)
(29,285)
(155,233)
(234,954)

(959,868)

(861,049)

(1,597)

(94,832)

(1,597)

(94,832)

(1,597)

(94,832)

Other comprehensive income

NET COMPREHENSIVE INCOME/(LOSS)

The accompanying notes form an integral part of these financial statements.

Schedule 3
CECIL PARK CLAY TARGET CLUB LIMITED
A.B.N. 52 001 536 536
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2015
NOTE

2015
$

2014
$

1,049,808
(1,128,680)
8,625

834,997
(844,130)
11,356

(70,247)

2,223

CASH FLOWS FROM INVESTING ACTIVITIES

Purchase of property, plant and equipment

(21,426)

(21,465)

NET CASH FLOWS USED IN INVESTING

ACTIVITIES

(21,426)

(21,465)

NET INCREASE/(DECREASE) IN CASH AND

CASH EQUIVALENTS

(91,673)

(19,242)

CASH AND CASH EQUIVALENTS AT THE

BEGINNING OF THE YEAR

379,613

398,855

287,940

379,613

CASH FLOWS FROM OPERATING ACTIVITIES

Receipts from customers
Payments to suppliers and employees
Interest received
NET CASH FLOWS FROM/(USED IN) OPERATING
ACTIVITIES

CASH AND CASH EQUIVALENTS AT THE

END OF THE YEAR

The accompanying notes form an integral part of these financial statements.

Schedule 4
CECIL PARK CLAY TARGET CLUB LIMITED
A.B.N. 52 001 536 536
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2015
Issued
Capital
$

Retained
Profits
$

Total
Equity
$

At 1 January 2014

549,879

549,879

Profit/(loss) for the year

(94,832)

(94,832)

Other comprehensive income

At 31 December 2014

455,047

455,047

Profit/(loss) for the year

(1,597)

(1,597)

Other comprehensive income

At 31 December 2015

453,450

453,450

AUDIT OPINION
AUDITORS INDEPENDENCE DECLARATION TO THE MEMBERS OF
CECIL PARK CLAY TARGET CLUB LIMITED
(a company limited by guarantee)
I declare that, to the best of my knowledge and belief, in relation to the audit of Cecil Park
Clay Target Club Limited for the year ended 31 December 2015, there have been:
(i)

no contraventions of the auditor independence requirements as set out in the

Corporations Act 2001 in relation to the audit; or

(ii)

no contraventions of any applicable code of professional conduct in relation to the

audit.

berger piepers
Chartered Accountants
6 May 2016
Penrith, NSW

W J Piepers
Partner

Any questions relating to the financial report should be put in writing and submitted to the
club President 7 days before the AGM on Sunday the 16th July 2016.
In case records and information need to be retrieved.
For more information on the financial report please call the CPCTC office or ask for a copy
at the office.
Notice of resolution for AGM 16th July 2016.

The accompanying notes form an integral part of these financial statements.

--------------------------------------------------------------------------ACN 52 001 536 536

Lot 1 off Elizabeth Drive Cecil Park NSW 2178
Ph 02 9826 1399 Fax 9826 1933
info@cecilparkctc.com.au
www.cecilparkctc.com.au

60th ANNUAL GENERAL MEETING

12 noon, Saturday 16th July 2016
FORM OF PROXY

Please complete & email or post form

CPCTC
P.O Box 260
Horsley Park NSW 2175
I
Of

Postcode

being a financial member of Cecil Park Clay Target Club Limited (the Company)
hereby appoint
Name of Nominee: As my proxy, to vote according to His/Her conscience, on all
matters requiring a vote or poll until business is resolved for
this 60th Annual General Meeting of the Company to be
held on 16th July 2016, 12noon, or any later date notified by
the company for the 60 th Annual General Meeting or at any
adjournment thereof.
Failing Him/Her attending, then the Treasurer, at the meeting
as my proxy to vote according to His/Her conscience on any
matter placed at the 60th Annual General Meeting.
Signed this_________________day of ____________________ 2016.
__________________________________________
(Signature of member)
_____________________
(Print Name)

The accompanying notes form an integral part of these financial statements.