CRICKET VICTORIA FOUNDATION
1909/10 Mr WT Ahern
1923/24 Mr WW Gaggin
1927/28 Mr HR Rush
1941/42 Mr JA Howlett
1943/44 Mr HW Allen
1947/48 Mr RM Hatch
1951/52 Mr EC Yeomans
1956/57 Mr GA Davies
1957/58 Mr CW Simmonds
1964/65 Mr AE Dunne
1967/68 Mr OB Jenkin
1967/68 Mr L Murphy
1968/69 Mr EL a'Beckett
1969/70 Mr WL Rush MBE
1970/71 Mr AE Liddicut
1970/71 Mr WL Jacobs
1972/73 Mr HH Oakley
1972/73 Mr JA Ledward MBE
1972/73 Mr B Cosgrave
1973/74 Mr JW Meehan
1975/76 Mr CG Stuckey
1975/76 Mr EC Kirton BEM
1975/76 Mr J Ryder
1976/77 Mr D Fitzmaurice
1977/78 Mr WK (Keith) Burnham
1977/78 Mr SH McCorkell
1977/78 Mr EK Tolhurst
1978/79 Mr CA Tuttleby
1979/80 Mr KE Rigg MBE
1979/80 Mr W King
1980/81 Mr SJE Loxton OBE
1980/81 Mr A Gray MBE
1980/81 Mr WJ Price
1980/81 Mr DL Richards
1981/82 Mr J Birch
1982/83 Mr HL Numa
1983/84 Mr LV Maddocks
1983/84 Mr HA Nunn
1986/87 Mr FH Tyson
1987/88 Mr WK Tickner
1987/88 Mr HT Houston
1988/89 Mr JN (John) Edwards
1988/89 Mr BC Neate
1988/89 Mr K Mitchell
1989/90 Mr KJ Smith
1990/91 Mr DR Bowtell
1990/91 Mr WK Collicoat OAM
1990/91 Mr CL Fairbairn OAM
1990/91 Mr G Murray
1990/91 Mr DM Stewart
1990/91 Mr KB Thomas
1990/91 Mr PD Williams
1991/92 Mr RC Steele OBE
1991/92 Mr RJ Parish CMG OBE
1991/92 Hon LHS Thompson CMG AO
1991/92 Mr RJ Sincock
1991/92 Mr JL Chambers
1992/93 Mr LK Ewart
1993/94 Mr JR Beitzel
1993/94 Mr JW Mann
1994/95 Mr FT Murphy
1994/95 Mr GG Morris
1994/95 Mr MH Reeve
1994/95 Mr HN Wright
1994/95 Mr CG Shipley
1996/97 Mr PJ Hannan
1997/98 Mr JE Edwards
1997/98 Mr PD Jones
1997/98 Mr RL Finch
1997/98 Mr WM Lawry AM
1998/99 Mr WK (Warwick) Burnham
1999/00 Mr MA Gray AM
1999/00 Mr IR Huntington OAM
2001/02 Mr WJ Roberts
2001/02 Mr JS Batty
2001/02 Dr GS McKie
2001/02 Mr KJ Kearney
2002/03 Dr CM Jain
2002/03 Mr G Schickerling
2002/03
2003/04
2004/05
Mr PJ Marshall
Mr SNC Murch
Mr DA Patrick
2004/05 Mr DM Richards OAM
2005/06 Mr RG Hepburn
2005/06 Mr JR Atkinson
2005/06 Mr RA Hare
2006/07 Mr RF Merriman AM
2006/07 Mr KW Jacobs OAM
2006/07 Mr WJ Smyth OAM
2007/08 Mr IN Crawford
2007/08 Mr KG Fewster OAM
2007/08 Mr JA Malligan
2007/08 Mr EW Parker
2008/09 Mr J Peters
2008/09 Mr RA Steele
2010/11 Mr RG Lloyd
2010/11 Mr MD Taylor
2010/11 Mr JG Craig OAM
2010/11 Mr IR Redpath MBE
2010/11 Mr G Joslin
2010/11 Mr GN Yallop
2010/11 Ms S Tredrea
2010/11 Mr DM Jones AM
2010/11 Mr SK Warne AO
2011/12 Mr PM Warner OAM
2011/12 Mr GC O'Donnell
2011/12 Ms C Fitzpatrick
2011/12 Mr AN Connolly
2011/12 Mr MG Hughes
2012/13 Mr RJ Bright OAM
2012/13 Mr JD Higgs OAM
2012/13 Ms M Jennings
2012/13 Mr K Noy
2013/14 Mr MM Smith
2013/14 Mr ER Eddings
2013/14
Mr D Kelly
2013/14 Mr JW McConville
2013/14 Mr KW Stone
2013/14 Mr KI Carroll
2013/14 Mr RD MacKenzie
2013/14 Ms J Crowther
2013/14 Ms L Taylor
2013/14 Ms S Faram
2013/14 Ms R Calder
2013/14 Dr J Savage
2015/16 Mr GL Tamblyn OAM
2016/17 Mr D Crow
2016/17 Mr T O'Hoy
2017/18 Ms S Crow
2017/18 Mr JB Cassidy
2017/18 Mr J Sheehan
2017/18 Mr M Findlay
2017/18 Ms A Gordon
2017/18 Ms R Thompson
2017/18 Mr RM Cowper
2017/18 Mr AP Sheahan AM
2017/18 Mr M Walsh OAM
2017/18 Mr AIC Dodemaide OAM
2017/18 Mr RW Thomas
2017/18 Mr W Riches
2017/18 Mr D Prendergast
2019/20 Mr PW Binns
2019/20 Ms M Knee
2020/21 Mr KH Eastwood
2020/21 Mr T Wodak
2021/22 Mr K Sharp
2023/24 Ms C Fatone
2023/24 Mr P Jackson
2024/25 Mr B Hodge
2024/25 Mr D Hussey
2024/25 Mr C White
2024/25 Ms M Jones
2024/25 Ms C Smith
2024/25 Ms S Elliott
Name Role Particulars
Member of the Board since 2020, Chair of the Board and Chair of Nominations & Remuneration Committee.
Ross Hepburn
B. Eng (Civil), M. Admin, MAICD Chair
Chris Bulford
MA, MBA Director
Mr Hepburn has a long-standing association with Dandenong Cricket Club following a successful career in senior marketing and management roles in state, local government and small business.
Mr Hepburn was a consultant to former Victorian Premier John Cain on a number of key projects during his tenure.
Member of the Board since 2022, Member of the CV Foundation Committee.
Mr Bulford is the Managing Director of Circ Consulting, a strategy and marketing consultancy.
Mr Bulford’s experience includes Marketing Director of Mars Petcare Australia, Managing Director of part of Heinz Australia, and General Manager of Marketing for the National Australia Bank. On the consultancy side, he worked for Booz Allen Hamilton.
Mr Bulford has been both a player and administrator at club level and is currently Chair of the Geelong branch of Taverners, Australia’s leading cricket-based charity.
Member of the Board since 2020, Member of the Nominations & Remuneration Committee.
Penelope Cleghorn
B. Phys. Ed, M. Ed Director
Lydia Dowse
LLB/BA (Hons), MA
Sports Management Director
Ms Cleghorn is currently the Assistant Principal at Viewbank College and has spent the last decade teaching Physical Education, supporting all students to access broad educational opportunities.
Ms Cleghorn also represented Box Hill Cricket Club for 16 years as a player, making more than 200 First XI appearances.
Member of the Board since 2019, Member of the Nominations & Remuneration Committee.
Ms Dowse joined Cricket Victoria with a career in sports law and event acquisition and development. Ms Dowse is the National Intgerity Manager for Swimming Australia and prior to that was the Executive Manager of Governance at the Western Australian Football Commission and has worked for both Tourism WA and the Victorian Major Events Company.
Member of the Board since 2021, Member of the Finance, Audit, Investment & Risk Committee.
Melissa McConnell
Dip OHS, GAICD Director
Harish Rao MBA, B. Sc, B. Comm, GAICD Director
Ms McConnell is a Risk and Compliance Manager in the advisory, project managment and construction industry sector, specialising in compliance and regulatory frameworks, risk management and certification systems incorporating information security, modern slavery, workplace health and safety, environmental and core labour requirements.
Ms McConnell has been involved in community cricket for more than 25 years in a range of roles and is a former Vice President of Frankston-Peninsula Cricket Club.
Member of the Board since 2023, Member of the CV Foundation Committee, Member of the Finance Audit Investment & Risk Committee.
Mr Rao has a background in chartered accounting and corporate finance and has been involved in the financial services industry in Australia in various roles for over three decades. He most recently pioneered the concept of business process outsourcing for accounting firms in Australia. He exited that business in 2004 to Sundaram Business Services Limited (“SBS”), the outsourcing arm of the Chennai based, US$5billion Sundaram Finance Group.
Mr Rao continued as Global Head of Business Development for SBS until 2021 and is now Chair of the Advisory Board. Mr Rao has been involved in the Australia India business space for over 2 decades and continues to advise companies on market entry opportunities between the two countries. Mr Rao is also a Non-Executive Director of the Australia India Chamber of Commerce Limited and the Australia India Institute (part of University of Melbourne).
Shaun Richardson
B. Econ, M. Bus Director
B. Comm. MAICD Director
Member of the Board since 2021, Member of the Nominations & Remunerations Committee.
Mr Richardson has spent the last two decades working in the banking and finance sector and is currently a Business Banking Executive at NAB, leading teams and specialising in strategy development, transaction execution and driving customer advocacy.
He also previously worked for Melbourne Storm and Cricket Victoria in commercial operations and sales roles. A former 1st XI player with both St Kilda and Dandenong Cricket Clubs and spent nearly 20 years at Caulfield Cricket Club in a range of roles.
Member of the Board since 2022, Chair of the Finance, Audit, Investment & Risk Committee.
Mr Sealey is an Investment Advisor and Partner of LGT Crestone, an Australian Wealth Management Firm specialising in providing financial advice to high net wealth families, institutions and not-for-profit organisations. Prior to LGT Crestone, Paul was an Investment Advisor and Partner of Escala Partners for over a decade.
He commenced his career in the finance industry first as a Tax Analyst at Goldman Sachs JBWere before joining UBS Wealth Management where he served over 7 years advising his clients. Mr Sealey played for over 16 years as a 1st XI player for Prahran and Frankston Peninsula CC.
Paul Sealey
Independent auditor’s report
To the members of Victorian Cricket Association
Our opinion
In our opinion:
The accompanying financial report of Victorian Cricket Association (the Company) is in accordance with the Corporations Act 2001, including:
a. giving a true and fair view of the Company's financial position as at 30 June 2025 and of its financial performance for the year then ended
b. complying with Australian Accounting Standards - Simplified Disclosures and the Corporations
What we have audited
The financial report comprises:
the statement of financial position as at 30 June 2025
the statement of changes in equity for the year then ended
the statement of cash flows for the year then ended
the statement of profit or loss and other comprehensive income for the year then ended
the notes to the financial statements, including material accounting policy information and other explanatory information
the consolidated entity disclosure statement as at 30 June 2025
the directors’ declaration.
Basis for opinion
PricewaterhouseCoopers, ABN 52 780 433 757
We conducted our audit in accordance with Australi an Auditing Standards. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial report section of our report.
2 Riverside Quay, SOUTHBANK VIC 3006 GPO Box 1331, MELBOURNE VIC 3001 T: 61 3 8603 1000, F: 61 3 8603 1999, www.pwc.com.au
Liability limited by a scheme approved under Professional Standards Legislation
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
pwc.com.au
Independence
We are independent of the Company in accordance with the auditor independence requirements of the Corporations Act 2001 and the ethical requirements of the Accounting Professional & Ethical Standards Board’s APES 110 Code of Ethics for Professional Accountants (including Independence Standards) (the Code) that are relevant to our audit of the financial re port in Australia. We have also fulfilled our other ethical responsibilities in accordance with the Code.
Other information
The directors are responsible for the other information. The other information comprises the information included in the annual financial report for the ye ar ended 30 June 2025, but does not include the financial report and our auditor’s report thereon.
Our opinion on the financial report does not cover the other information and accordingly we do not express any form of assurance conclusion thereon through our opinion on the financial report.
In connection with our audit of the financial report, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial report or our knowledge obtained in the audit, or otherwise appears to be materially misstated.
The directors are responsible for the other information. The other information comprises the information included in the annual financial report for the ye ar ended 30 June 2025, but does not include the financial report and our auditor’s report thereon.
Our opinion on the financial report does not cover the other information and accordingly we do not express any form of assurance conclusion thereon through our opinion on the financial report.
In connection with our audit of the financial report, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial report or our knowledge obtained in the audit, or otherwise appears to be materially misstated.
If, based on the work we have performed on the other information that we obtained prior to the date of this auditor’s report, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.
Responsibilities of the directors for the financial report
The directors of the Company are responsible for the preparation of the financial report in accordance with Australian Accounting Standards - Simplified Disclosures and the Corporations Act 2001, including giving a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of the financial report that is free from material misstatement, whether due to fraud or error.
In preparing the financial report, the directors are responsible for assessing the ability of the Company to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the Company or to cease operations, or have no realistic alternative but to do so.
Auditor’s responsibilities for the audit of the financial report
Our objectives are to obtain reasonable assurance about whether the financial report as a whole is free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with the Australian Auditing Standards will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of the financial report.
A further description of our responsibilities for the audit of the financial report is located at the Auditing and Assurance Standards Board website at: http:// www.auasb.gov.au/auditors_responsibilities/ar4.pdf. This description forms part of our auditor's report.
PricewaterhouseCoopers
Brad Peake
Partner
Melbourne
29 July 2025
(183,722)
(183,722) (183,722)
4. REVENUE FROM CONTRACTS WITH CUSTOMERS
5. TRADE AND OTHER RECEIVABLES
6. OTHER FINANCIAL ASSETS
10. TRADE AND OTHER PAYABLES
Future lease payments in relation to lease liabilities as at period end are as follows:
13. OTHER LIABILITIES
14. CASH AND CASH EQUIVALENTS
Not past due 971,670 1,206,084
Past due 0-30 days 109,550 46,831
Past due 31-120 days 500,710 216,000 1,581,930 1,468,915
