annual report
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2024 - 2025 2023 - 2024
GLENELG GOLF CLUB
Glenelg Golf Club
Office Bearers
Committee of Management
CAPTAIN
Paul Grosvenor VICE
Scott Petherick
COMMITTEE
Andrew Culley COMMITTEE
COMMITTEE
Kristin Jeffery
PRESIDENT
James Frearson-Lea COMMITTEE
Anna Standish
Helen McMutrie VICE
Chris Whitford
Key Management Personnel
General Manager: Robert Vincekovic
Course Superintendent: Tim Warren
Head Professional: Shane Robinson
Chief Finance Officer: Emma Twartz
Club Operations Manager: Adam Bryant
Hospitality Manager: Anna Fontaine
Paul Gander
Ben Winton
Attendance
Attendance at Committee of Management meetings for the year ended 31 March 2025
Paul Grosvenor 12/12
Scott Petherick 11/12
Andrew Culley 11/12
James Frearson-Lea 11/12
Paul Gander 11/12
Kristin Jeffery* 8/9
Anna Standish 10/12
Ben Winton 10/12
Imelda Lynch^ 3/3
A total of twelve (12) Committee of Management meetings were held for the year ended 31 March 2025
* Kristin Jeffery appointed June 2024
^ Imelda Lynch completed term in June 2024
Captains Report
I am delighted to present the Captain’s Report for the year ending 2024 - 2025.
It has been another year of progress at the Club as we continue to live our purpose to provide exceptional golf and social experiences and our vision of being the destination Golf Club in SA for experiences that inspire and connect Members, families and communities.
On the financial front the Club recorded an operating loss of $69,917 for the period, it should be noted that the execution of the course enhancement plan was a significant focus over the year and saw $684,010 expensed.
Financial highlights from the year include:
• $9.4M in total revenue
• 17% EBIDA (excluding course enhancement expenses)
• Hospitality operations recorded a $61,870 profit
• Profitability from Golf Operations increased by $211,586 driven primarily by LIV related green fees
The Lone Pine Pavilion was officially opened in October, architecturally designed based on the Barcelona Pavilion built in 1928, ensuring the design remains timeless and with minimal maintenance requirements, resulting in a significant improvement in Member and guest amenities and aesthetics to the Course and surrounding area. This project would not have been possible without the very generous financial contributions made by donors and the hard work and ongoing dedication to the project of former Captains Imelda Lynch, Paul McGrath, Paul Duregon and Tony Martin.
Throughout the year the Club continued to invest in the course enhancement and capital works to the value of $3.58M with 38% spent on course buildings and fencing, and 30% on course enhancement project (including irrigation). Two of the notable works were the completion of four holes in the course
and the completion of
The execution of the course enhancement plan included many highlights over the year including the use of approximately 10,000 tonne of free fill (valued at approximately $300,000) to sculpt the significant improvements on holes 15, 16 and 17. We also saw improvements to numerous other holes, installation of additional toilet facilities and new perimeter fencing. At the close of the financial year there were only 5 holes of the course enhancement plan works to be completed. Holes 8 and 9 opening on 31st May 2025 and construction of holes 1, 6 and 7 to be commenced in July with expected completion in December 2025. There is much anticipation of both Members and guests to play the finished course. I acknowledge that the course enhancement has been lengthy and disruptive for Members and I thank you all for your patience and understanding of its importance in the long term success of the Club. Throughout the year The Committee of Management
Paul Grosvenor, Club Captain
Lone Pine Pavilion Opening Night
(Left to right) Paul McGrath, Imelda Lynch, Paul Grosvenor, Robert Vincekovic, Tony Martin & Paul Duregon Bunker Being Built on 17th
enhancement project
The Lone Pine Pavilion.
continued to make progress on a number of strategic objectives outlined in the 2022 - 2026 Strategic Plan. This includes the long term infrastructure master plan with Stallard Meek Flightpath Architects (SMFA) & Milestone Project Management. We envisage this plan to be rolled out over a 10-year period and broken up into a number of stages, including; practice facilities, undercover driving range, new maintenance facility, clubhouse upgrade, car parking, plus other possible future developments. We are currently in a draft stage following consultation with various stake holders, including a diverse group of Members who kindly volunteered their time to provide feedback on the initial scope of works and draft plans. A big thank you to the Members who contributed to this initial phase of Member consultation.
Another focus of the Strategic Plan, the optimisation of membership and engagement, was strengthened with growth in the waiting list from 213 to 255 people, an estimated length of 10 years. This growth is pleasing as it shows that the Club continues to be seen as the desired destination of many golfers. This coupled with growth in junior membership numbers, which reached over 100 during the year, is testament to the Club’s fantastic offering for the game’s younger players. Expanding Member events to include a family friendly focus was also achieved with the highlight being the Clubs first Family Christmas Afternoon featuring balloon animals, facepainting, Christmas buffet, inflatable waterslides, an outdoor movie theatre and a visit from Santa and his helpers.
Another highlight for the Club was the induction of two new Life Members at the 2024 AGM. Helen McMutrie and Chris Whitford were inducted as Life Members in recognition of their outstanding service to the Club and golf. Our newest Life Members since 2013, they join Bob Tuohy as the Club’s three living Life Members.
Due to scheduling changes of the Pennant season there were changes to the Club Championships program meaning that only the junior events were played, with Jack Leonard winning the Boys Club Championship for the second year in a row and Bec Hardy winning the Girls Club Championship. The 2024 Pennant Season saw Glenelg make the semi-finals in Simpson Cup, Sanderson Cup, Bonnar Cup, Pike Cup, Women’s A3 and Sharp Cup unfortunately none of these teams progressed to their final. Both the Cleek (2) and Senior teams made their competitions final but were unfortunately unable to secure wins. The 2025 Pennant Season started during the reporting period and concluded outside of the period; it will be reported on with much pride in next year’s Annual Report.
Bec Hardy
The Course team lead by Tim Warren presented a fantastic golf course throughout the year whilst also conducting the course enhancement works, this is a significant achievement and is commended by the Club.
The Club was fortunate to have many volunteers donating their time to help the Club throughout the year. Those assisting on-Course, our History Working Group and our dedicated rules officials, pennant managers and caddies. Their commitment helps make our Club great. A Big thank you to all our loyal volunteers!
Ultimately all the achievements throughout the year across the Club wouldn’t have been possible without the hard work of the team lead by our General Manager Robert Vincekovic, the Committee of Management and the ongoing support of the membership. A big thank you to all our team for their dedication and hard work this year, and to our Members for their support.
Jack Leonard
Life Member Wall
Finance Report
The Club reported an accounting operating loss of $69,917 for the year ended 31 March 2025. Below is a snapshot of the key performance indicators for the financial year, however Members are encouraged to read the Financial Statements included within this Annual Report for more detailed information.
Golf Operations
Overall membership income rose by 3.7% compared to the prior year, lower than the annual fee increase. This variance is primarily attributable to a reduction in the number of playing Members—equivalent to 20 fewer full-time playing Members as at year-end— compared to the previous year. The Committee and Management continue to closely monitor membership levels to maintain an appropriate balance between financial sustainability and tee time availability. In accordance with AASB 15, the Club recognises entrance fees over the average tenure of its current membership, which presently stands at 10 years. Accordingly, entrance fee income was recognised at $379,985. Cash receipts from entrance fees totalled $346,276, a decrease from $448,382 in the prior year, largely due to a reduction in upgrades from the waiting list to traditional memberships. The waiting list ensures robust financial security for the Club over the next ten years and beyond, thereby facilitating confident investment in capital development initiatives.
Profitability from golf operations increased by $211,586 (46%) compared to last year. The additional green fee revenue from corporate and visitor golf activity during the two periods of LIV golf in Adelaide was a key contributor to this growth. Due to the change in timing of LIV golf the Club benefited from additional green fees and cart hire for this week in April 2024 ($148,035) and again in February 2025 ($70,383) compared to just the one period in the prior financial year. However, there were only minimal visitor tee times allocated during the LIV period in February 2025 to ensure Member access remained largely unaffected which resulted in less of a financial boost than in April 2024. The Committee provided Members with the opportunity to contribute to the decision-making process regarding the allocation of LIV Golf funds. The results of the completed poll clearly indicated a priority for the installation of new practice nets and the addition of further course toilet facilities. Ensuring that these funds were utilised to enhance Member services and deliver tangible benefits to the membership remained a key objective. As such, the Club completed the upgrade to the practice nets including the addition of a third hitting bay, as well as the additional toilet facility on the 15th hole.
Hospitality Operations
With an understanding and agreed principle that the provision of a hospitality service in a private Club setting is primarily viewed as a service to Members the annual result for our hospitality operations was a recorded profit of $61,870. Profitability from our hospitality operations declined by $43,971 compared to last year. Whilst the Club increased income from Member Functions and Conference’s, the income derived from weddings, trade days and external functions finished notably below the previous year. Committee and Management will continue to explore strategies to increase the function business to aid in reducing the loss produced by Member trade and improve profitability. During the year the Club opened the Lone Pine Pavilion which is being staffed on Wednesdays and Saturdays. The decision to staff the pavilion again was not one of profitability but of improving the service to Members. Our gross profit percentages for both food and beverage sales remained steady at 61% and 62% respectively, but note these percentages remain below nonclub hospitality industry standards and reflect the Member pricing policies we have in place.
Other Income
Other income increased by $412,356 compared to the previous financial year, primarily due to the recognition of $457,333 in pavilion donations to income. While the majority of these donations were received in cash in the prior year, the income was recognised in the current year as the funds were applied towards the completion of the Lone Pine Pavilion.
Administration
As expected, as a result of undertaking the course enhancement project, the Club incurred debt during the year, resulting in finance costs of $48,861. The Club has engaged Project Management Group (Milestone) and Architect (SFMA) for the development of a long-term infrastructure masterplan providing a maintenance and enhancement pathway for the entire facility. As these plans are in the preliminary phase, the costs associated have been expensed in other administration expenses totalling $64,485.
Women’s Minda Charity Golf Day
Feed Me Menu Dinner Night - bi-monthly event
Finance Report Course
The Club continued to deliver the course enhancement plan, accelerating the project through undertaking numerous holes at once to benefit from using 10,000 tonne of free fill received from Coopers Stadium (valued at approximately $300,000). During the financial year, the Club expensed $684,010 related to the course enhancement project, which excludes additional wages to service the additional work required and also excludes costs associated with project manager wages and irrigation that were capitalised. This was $144,630 more than the previous financial year and includes works towards holes 5, 18, 10, 15, 16, 17, 18, 8 and 9. As of 31 March 2025, the Club has expended $3.65 million of the revised $4.85 million budget. With the completion of the remaining holes scheduled for the 2025/26 period, current expenditure is tracking well in line with budget expectations.
Landscape maintenance increased by $44,609 due to tree maintenance work associated with fencing upgrades along James Melrose Road. During the year, Committee made a strategic decision to increase the base greenkeeper rate to remain competitive in landscaping markets and to assist with the attracting and retaining skilled staff to protect the Clubs most valuable asset. Recruitment and retention of skilled people has improved significantly as a result. Following one of the driest years on record, the Club experienced increased maintenance costs to combat water quality issues and saw a 17% increase in costs. Whilst there is hope this year was an outlier, Committee are prioritising water management plans to mitigate risks of water quality issues in the future.
House
Electricity costs increased by 20% ($23,620) compared to the prior year, largely driven by higher energy rates and increased usage associated with expanded facility operations. Additionally, cleaning expenses rose by $20,436 due to a combination of standard CPI-related cost increases and the added maintenance requirements of the new Lone Pine Pavilion and an additional on-course toilet facility.
Capital Investments
On a cash basis, the Club invested $3.58M into course enhancement and capital items during the financial year and the table below shows the breakdown of how it was invested.
Overlooking the 18th & Driving Range
Cashflow/Debt
The Club maintained the $2.2M debt facility through ANZ Bank which is in place until 2026 and secured by the land. Due to timing differences of costs and membership renewals for 2025/26 being paid, the Club also took out an unsecured $800,000 debt facility with ANZ Bank for 57 days during the financial year prior to 2024/25 membership renewals being issued.
The Club’s cash position reduced by $2,378,269, with $929,401 of the Clubs debt facility drawn at period end. Throughout the 2024/25 financial year, the Club completed several major capital projects alongside the ongoing Course Enhancement Plan. Key achievements included the completion of the Lone Pine Pavilion, installation of new toilet facilities on the 5th and 15th holes, and fencing upgrades across holes 5, 8, 9, 15–16, and 18. This marked a significant year of capital investment aimed at enhancing the Club experience for our Members. Looking ahead, the Committee has approved a substantially reduced capital budget for the upcoming financial year, with a strategic focus on completing the remaining course enhancement works while maintaining responsible debt levels. At the end of this course improvement program, the Committee believes that Glenelg will have a course that is the envy of other golf clubs.
Balance Sheet
The Clubs debt position is better than predicted at the beginning of the course enhancement largely due to strong membership and prudent decisions early in the project to purchase majority of the irrigation upfront for the entire project. The Committee and management manage debt levels throughout the year to ensure that they are kept to a manageable level.
The Club’s total equity increased to $13,271,615. This is as a result of the adjustment made to the change in the fair value of shareholding in Glenelg Golf Links Limited. This adjustment, in line with AASB 9, requires the shares to be revalued to the last sale price which increased equity by $1,161,800. This adjustment is eliminated in the Consolidated result.
The Year Ahead
Looking forward, Glenelg Golf Club is wellpositioned to navigate the evolving golf industry and broader economic challenges, with a continued focus on financial discipline, enhancing Member experience, and pursuing strategic opportunities for growth and innovation.
Pavilion Project
We are pleased to report the successful completion of the Lone Pine Pavilion, a valuable new asset for our Club. The total build cost was $806,125, with an additional $147,684 invested in fit-out. Of the total cost, approximately $100,000 was attributed to running essential services—such as power and plumbing — from the clubhouse.
We are proud to have raised $457,333 from cash donations towards the project, as well as $30,000 in donated materials. This includes a significant bequest of $190,432 to our Heritage Fund from the late Owen Burgan, a former Member whose legacy will benefit the Club for years to come.
Looking ahead, we have future-proofed this development by installing sufficient power infrastructure past the carpark to support potential electric vehicle charging stations. This forward-thinking approach ensures that the Lone Pine Pavilion and other Member amenities will serve the Club’s needs well into the future.
We would like to thank the following generous supporters:
Andrej Wojciechowski
Andrew Morrison
Brenton Parker
Brian Carey
Brian Nash
Chris Harris
Colin Twelftree
David Gillespie
David Jervis
David Millington
Dean Rosenhain
Dennis Laundy
Geoff Gitsham
Glenn Sterrey
Graham Baillie
Graham Hobbs
Grant Baum
Imelda Lynch
Jeff Hart
Jim Rawson
Joseph Morizzi
John Konstandopoulos
Michael Lindblom
Modge Brown
Morrie & Christine Croucher
Neil & Jill Gehling
Nick & Fiona Eblen
Owen Burgan
Paul Duregon
Paul Grosvenor
Paul McGrath
Paul Wheeler
Philip John Kirkwood
Richard Comber
Robert Rawson
Shane Agelis
Stephen McKee
Tom & Wendy Vaughan
Tony & Ruth Martin
Trent Kotz
Junior Foundation & Heritage Fund
The Glenelg Golf Club Foundation is pivotal in the growth of our juniors and elite golfers through our Junior Golf & Elite Player Development Fund. Funding for the program comes exclusively from donations, fundraising activities and events associated with the Foundation. Excluding Foundation Golf Day expenses, $25,558 was contributed towards activities associated with these programs. This was again made possible by the highly successful Junior Foundation Day which raised a net $21,922 to the junior foundation. Special thanks are extended to our major sponsor, Collins Adelaide, and silver sponsor, IWS, for their invaluable support. Additional funding was generated through various raffles held throughout the year. The success of the Club’s junior development program reached new heights in 2024/25 with a further increase to our junior membership numbers. This ensures a strong future for the Club and reflects the effectiveness of our efforts in developing the junior program.
The cash available in the Infrastructure and Heritage funds were used towards the Lone Pine Pavilion as explained in Pavilion Project section. The Club is actively developing strategies to enhance funding for its Infrastructure and Heritage Funds, particularly in anticipation of the upcoming centenary celebrations. These strategies aim to ensure the preservation and enhancement of the Club’s facilities and historical assets, securing their legacy for future generations.
Membership
The 2024/25 membership year has been one of careful management and considered strategy, as we work to protect the playing access, course condition, and overall Member experience that defines our Club.
The demand for membership continues to grow with the current expected waiting list time increasing to 10 years, a testament to Glenelg’s standing as one of the leading private golf Clubs, both locally and nationally, coinciding with the Clubs highest ever Australian Golf Digest ranking of 32.
Junior membership numbers reached just over 100 throughout the year, with an increase in junior girl numbers making up 25% of this total.
The demand on Course access continues to present challenges, with Members active participation seeing yearly average round numbers reaching a high of almost 70 rounds per Member. To ensure current Member access remains priority, the Club has taken considered steps to better balance membership playing numbers with course capacity.
A strategy to reduce playing numbers was implemented for the 2025/26 membership year which included:
• Moderating intakes from the waiting list, implementing a replacement ratio of one new Member for every three departures to ensure sustainable membership levels.
• Reviewing eligibility and access across all membership categories.
• Restricting visitor and guest access along with continued effort to reduce corporate golf day’s and maximise Member availability.
This strategy aims to protect Member access, maintain excellent course conditions, and uphold the unique Glenelg experience for current and future Members. These initiatives have been approached thoughtfully, with strong emphasis on equality, transparency, and the long-term health of the Club. Looking forward, the Club will implement a Member Engagement Group. This initiative aims at strengthening communication between the Club and its Members, providing an opportunity for feedback, ideas and collaboration to enhance the overall Member experience.
Club events continue to be an essential part of life at Glenelg, providing opportunities for Members to connect and compete in spirit of the Club. Throughout the year, numerous golf and social events were delivered, with strong participation across all demographics highlighting the strength of the Glenelg community and the Club’s ability to cater to a broad range of Member interests.
Women’s Christmas Ambrose
Course Walk with Ryan Van Der Veen, Co-Course Architect
Course & Maintenance
The course operations team has once again delivered a solid year of work, maintaining high standards in both course maintenance and enhancement works. Much of the year was shaped by challenging weather conditions, particularly the lack of rainfall, which required our team to adapt management strategies to meet the demands of these circumstances.
Our course was recently ranked 32 nationally by Golf Digest, reflecting the strong progress we’ve made.
Turf management throughout the year focused on maintaining moisture levels and addressing challenges caused by a heavy reliance on irrigation rather than rainfall. With rainfall totals at just 40% of the average, turf surfaces were almost entirely dependent on irrigation for most of the year. In addition, there were little to no significant inflows down Brownhill Creek to pump into our wetlands. Without the freshwater inflow typically provided by the Aquifer Storage and Recovery (ASR) scheme, water quality declined, bringing significant management challenges. Elevated levels of sodium, bicarbonates, and chlorides in the water placed the turf under considerable stress for most of the growing season.
For the most part, our cultural practices employed combated these issues, however with the onset of summer we experienced high disease pressure associated with irrigation and climatic conditions with varying levels of turf damage incurred. As a result, an increase in applications of calcium, acids and practices such as deep aeration and hollow tine coring were employed.
On a positive note, our new greens continue to perform exceptionally well and, with diligent management, remain free of Poa. When cutting the greens, staff are instructed to spot-treat any Poa with selective herbicide using applicators. This approach has been effective in keeping the greens relatively free of this invasive weed. Organic matter levels in the root zone are well controlled, and through careful monitoring and tailored programs, we have maintained greens that are consistently both firm and true.
Once again, we were fortunate to have a full week in late November to carry out our annual course renovations. This year, we opted to give the fairways a break from fraze mowing or heavy scarifying and instead focused our efforts on topdressing the 5th fairway to help restore levels following recent course enhancement works. In addition to this, the tee tops received a sand topdressing for the first time in several years, along with a heavy scarify.
Continuing our established program, the fairways also underwent raking, scalping, and hollow tine coring, practices that ensure they remain consistently presented to a high standard throughout the year. Course enhancement works continued with the finalisation of hole 5 and the commencement of holes 15, 16, and 17 in June, followed by work on holes 8 and 9 commencing January. The decision to undertake three holes simultaneously was driven by the opportunity to access free soil fill from the Coopers Stadium reconstruction and the necessity to de-silt the ASR wetlands after more than a decade of buildup.
While some short-term inconvenience was experienced with play limited to 16 holes, the longterm benefits are significant. Completing a large portion of the work over winter ensures the ongoing functionality of the wetlands whilst we had access and delivers three architecturally standout holes to complete the back nine creating a memorable finish for both Members and visitors.
The redevelopment of holes 8 and 9 commenced in January, with a key feature being the construction of a sleeper wall along the water hazard edge between the 8th hole carry and the 9th green. This task was undertaken by staff, who completed the striking structure over a three-week period following the enlargement of the water hazard. The wall now serves as a prominent visual feature upon entering the Club and is sure to be a talking point for visitors. Additional enhancements include the introduction of a new style of bunkering, with old rail sleepers used for erosion control in the 8th greenside bunker. The 8th and 9th fairways have been joined, as well as the 9th and 10th fairways, improving both aesthetics, functionality and traffic movement. Bunkers surrounding the 9th green have also been removed to enhance traffic flow through to the 10th tee complex.
Coinciding with our on-course enhancements, several key infrastructure improvements have been completed over the past year. Fencing upgrades included the restoration or installation of brush fencing along boundaries near new tee complexes, as well as the addition of powder-coated tubular and chain mesh fencing.
To complement the “bunkered” toilet at the 5th tee, a second toilet facility has been constructed behind the 15th green. As part of the architectural changes to the 17th hole, the ASR wetland pump switchboard and housing were also upgraded. In addition, sand filters have been installed on all three of our
irrigation bores to improve the overall performance of the irrigation supply system and to reduce the need to clean the irrigation holding tanks annually. The Club’s partnership with Metropolitan Machinery and John Deere continues to strengthen, with ongoing additions to our maintenance fleet as existing leased equipment reaches the end of its term. Over the past year, we welcomed several new pieces of equipment, including two lithium batterypowered walk-behind greens mowers, a lightweight fairway mower, two triplex mowers, and two Gator utility vehicles.
In addition, we received two ProGator utility vehicles—one fitted with a sand topdressing unit and the other with a GPS-guided spray system. The introduction of the GPS sprayer has already delivered significant benefits, achieving a 20% reduction in product usage per application on greens.
During the year we were pleased to welcome Adam Fry to the team as Assistant Course Superintendent, stepping into the role vacated by Kane Pedler. Adam brings a wealth of experience to the team, having spent the past twelve years at Kooyonga Golf Club working as an assistant to Steven Newell and current Course Superintendent Richard James. His knowledge and expertise will no doubt help us continue to develop our team, raise standards, and achieve our management goals.
With the increasing administrative demands within Course Operations, the decision to appoint an Administrative Assistant has been a welcome and valuable addition to our team. Lauren Searle commenced in the role in November and immediately made a positive impact, streamlining processes and improving the overall efficiency of course administration to ensure smooth day-to-day operations.
Our course staff have been outstanding in their collective approach to undertaking the course enhancement projects, while consistently maintaining the rest of the course to an exceptional standard. The additional workload they have taken on, and the high level of quality delivered, is something they can be truly proud of.
Hole 9 Before & After
Clubhouse Food & Beverage
Over the reporting period, the Club has continued to deliver strong, consistent hospitality experiences, supported by well-received initiatives such as the “Feed Me” Dinner series and our popular Twilight Theme Nights. These offerings have not only enhanced Member satisfaction but also created a dynamic atmosphere in the Clubhouse.
A key highlight has been the close collaboration between the front-of-house team and the kitchen, working together seamlessly to elevate our food and beverage offerings. Special mention goes to James Bridgen, Bar Manger for his curated wine list and specials, and to David Bridgman, Head Chef and his team for their leadership in delivering seasonal menu changes and coordinating special culinary events. Their combined efforts have ensured that the Club maintains a high standard of quality and creativity in its dining services.
This year, we introduced a new “Family Christmas Afternoon,” offering a festive experience for Members of all ages. The event featured children’s entertainment, a fun Christmas buffet, movie night on the green, and was met with excellent feedback from families. Its success has positioned it as a promising addition to our annual calendar of events.
The Club also hosted a very successful Charity Yum Cha Luncheon. This event raised over $10,000 for the Junior Foundation Fund, with all proceeds from admission, wine raffle supplied by Woodstock, and auction prizes going directly to the Foundation.
Glenelg Golf Club consistently leads all golf clubs in South Australia in function and event bookings, being particularly strong in the conference sector. This year, we hosted a total of 355 events, including 190 conferences. With 14 weddings also held, we have set a new benchmark for our events portfolio. The Club remains committed to strengthening our functions and events offering to maintain this positive momentum into the future.
In summary, the Club has experienced a strong period of performance, driven by outstanding Member service, effective teamwork, and a strong focus on customer satisfaction. Thanks to the groundwork established by our current initiatives and the dedication of our team, we are well-positioned for ongoing success in the hospitality and club industry.
Following several changes within our full-time Hospitality Team, we are pleased to report that we have now established a strong, professional team dedicated to supporting all aspects of Member services, events, and functions.
Family Christmas Afternoon
David Bridgman, Head Chef
In 2024, we welcomed Carly Provis as Events & Functions Supervisor. Coming from a veterinary background, Carly has made a seamless transition into hospitality. Her enthusiasm, people skills, and exceptional organisational abilities have confirmed this to be the right career move.
Lachlan Nairn has taken on the role of Bar & Restaurant Supervisor following the departure of Laura Brown. With extensive experience in the hospitality industry and a deep passion for the Club as a member himself, Lachlan has been a valuable addition to the team.
We are also proud to announce the promotion of Suman Gurung to the role of Sous Chef. Since joining the Club in 2021 as a kitchen hand, Suman has consistently demonstrated remarkable dedication and talent, making his advancement well-deserved.
Finally, to our Hospitality Manager Anna Fontaine, her passion, professionalism and tireless commitment to creating outstanding Member and guest experiences have truly elevated our Club. From events to everyday service, her leadership continues to set the benchmark in the golf industry.
Feed Me Menu Night
Melbourne Cup Luncheon
Junior Foundation Day
Junior Foundation Day
Our People
At the 96th Annual General Meeting held on Thursday 27th June 2024, Club President Helen McMutrie declared that Paul Gander and Ben Winton were reelected to Committee of Management, with Kristin Jeffery welcomed having been elected to the Committee of Management for the first time. Scott Petherick was welcomed as Club Vice Captain elected unopposed along with Paul Grosvenor welcomed as Club Captain also elected unopposed.
Paul Grosvenor replaces Imelda Lynch who completed the two-year term as Captain. We thank Imelda for her contribution to the Club spanning 6 years. The remaining Committee Members include Anna Standish, James Frearson-Lea and Andrew Culley.
Helen McMutrie continues as Club President for 3 years, joined by Chris Whitford in the position of Vice President for a further 1 year.
The Annual General Meeting saw the introduction of two new Life Members, both Helen McMutrie and Chris Whitford, awarded Life Membership for their magnificent contributions to the Club over a significant period of time. They join Bob Tuohy as the three active Life Members of our great Club.
Women’s Committee
The Women’s Committee is led by women’s Captain, Kristin Jeffery, combining this role with her position on the Committee of Management. Kristin is well supported by women’s President, Cathie Molloy, Vice-President, Annabel Hamilton, Vice-Captain, Michelle McCormack and Committee Member Joanie Connell. The Women’s Committee are responsible for the scheduling and delivery of the women’s golfing program that includes a number of fundraising and social events throughout the year.
Following the positive success of the Club’s inaugural Junior Club Captain, Zoe Manton was inducted into the position, following in the footsteps of her brother Alex Manton. We thank Alex for his dedication to the role and assisting the Club with defining the roles and responsibilities of the position for future Junior Captains. Zoe has taken to the role with great dedication and positivity and will continue to represent the Junior Members on the Match and Membership Sub-Committees, providing a young and diverse thought process.
Junior Club Captain Management
General Manager, Robert Vincekovic, continues to provide stability and strategic leadership, creating a strong foundation across all Club operations. His guidance continues to foster a positive and productive working environment, resulting in highquality service for all Members. With the strong support of the Committee of Management, the Club remains focused on the soon to be completed Course Enhancement Plan and remains firmly on course with its four-year Strategic Plan. This includes a continued effort in launching an Infrastructure Master Plan, ensuring the continued success and long-term sustainability of our Club. The Club continues to be recognised nationally across all operations of the Club and recently received its highest national ranking in the Clubs history by the Australian Golf Digest course rankings. This all highlights the positive impact of Robert’s leadership that will continue to see further improvements across the Club and facilities for all Members benefit.
Kristin Jeffery, Women’s Club Captain
Zoe Manton, Junior Club Captain
Suman Gurung, Sous Chef
Robert Vincekovic, General Manager
Total staff
Kingsley McConnochie, Greenkeeper
Lachie Nairn, Bar & Restaurant Supervisor
Connor Chant, Coaching Academy Manager & Teaching Professional
Pro Shop
The Pro Shop Team remained largely unchanged however was bolstered by the addition of Harry Coote who was accepted into the PGA Pathway Program back in October 2024.
Pro Shop retail & competitions management, golf operations including all visitor, group and corporate bookings along with Member services remain the cornerstone of the Pro Shop teams duties. With Member demand for course access at an all-time high coupled with multiple course and course routing changes we have seen the Members adapt more quickly as we entered to fourth year of the course enhancement plan.
The Academy PGA coaching staff led by Academy Manager, Connor Chant, have been busier than ever, churning out a record of 20% more Junior, Women’s Try Golf and Member clinics than ever before.
Shane, on behalf of the Pro Shop and the Academy Staff would like to thank all the Members for their ongoing support. Glenelg is a great place to work, and everyone feels very much a part of the larger golfing community.
Volunteers
The Club is well supported by a large number of Members that dedicate their time to assist across various areas of the Club. Valuable time and effort are contributed to assisting the course team with a range of on course maintenance and cleaning tasks that significantly enhances the Course experience for all Members.
Our regular Tuesday morning volunteers, along with Ros Osborn, have continued their outstanding efforts in assisting with course maintenance. The “Tuesday Team” has played a significant role in caring for the out-of-play areas, whether it’s weed removal, staking trees, painting hazard lines, or raking up pinecones and needles, every task contributes to the overall presentation of the course. Ros has done a fantastic job managing the plant nursery. From weeding, repotting, and watering plants to transplanting seedling trees, no task has been too big or too small.
The Club is also blessed to have many passionate and supportive Members assisting our junior development and pennant programs as team managers, rules officials, marshalling just to name a few. These competitions and Club events could not run or operate as efficient without the generous and continued support of these people.
In preparation for the Club’s Centenary in 2027, a History Working Group has been established to help gather and preserve important historical information. Members are encouraged to share any relevant details or historical items with Peter Norman, Chair of this Working Group. A big thankyou goes out to all Members who volunteer in some capacity throughout the Year!
Volunteers working next to 2nd hole
Shane Robinson, Head Professional & Director of Golf Operations
(Left to right) Cam Smith, Pro Shop Manager & Harry Coote, PGA Associate
50 Year Club
During the 2024/25 membership year, longstanding Members John Giles, Jillian Hodge, Peggy Howard and Jean Roberts were proudly recognised for reaching 50 years of membership at the annual 50 Year Club Luncheon, held in October. Their remarkable commitment and contribution to the Glenelg Golf Club community were celebrated among fellow 50+ year Members and friends in a fitting tribute to their enduring support.
The luncheon provides Committee and Management an opportunity to recognise and acknowledge our longest standing Members who have given so much to the Club.
We must also acknowledge with sadness, the passing of long-time Members, including Life Member Janice Wheatley, 70+ year Members Noel Taplin and Donald Cant. Their unwavering commitment, presence, and contributions
Richard Bowering
Modge Brown
Alexander Cock
Michael Dobson
Peter Drew
Chris Ellis
Rod Follett
Brenton Green
Stephen Bennett
Kym Burns
Brian Cahill
Jeffery Crabb
Jan Dale-Harris
Nicholas Eblen
Rod Fiske
Peter Gebhardt
John Giles
Prudence Henschke
Jillian Hodge
over the decades have left a lasting legacy within our community. They will be fondly remembered and sincerely missed by all who had the privilege of knowing them.
Below is a list of 50+ year Members. We thank them for their ongoing support, loyalty and commitment to the Golf Club.
60 Year Members
Geoff Hallion
Charles Harris
David Jervis
Alec Jordan
David Lahiff
David Lindsay
Bernie Manser
Margaret McCann
50 Year Members
Peggy Howard
Wayne Humphries
Andrew Hunt
Bryon Kardachi
David Millington
Terry O’Brien
Felicity Rawson
James Rawson
John Rawson
Bevan Roberts
Jean Roberts
Stephen McKee
Peter McMutrie
Jane Nelson
Catherine Symons
David Tamblyn
Gary Thompson
Chris Whitford
Phillip Silver
John Stone
William Strangways
Gary Taplin
Robert Tuohy
Sue Tuohy
Gregory Way
Graham Websiter
Dennis Whitford
Heather Whitford
50 Year Luncheon 2024
Life Member Inductions
At the 96th Annual General Meeting of Glenelg Golf Club, two distinguished Members were inducted as Life Members: Chris Whitford and Helen McMutrie. This prestigious recognition is the highest honor the Club can bestow, acknowledging individuals who have made exceptional and sustained contributions to the Club and the broader golfing community. The induction of Chris Whitford and Helen McMutrie as Life Members is a momentous occasion in the Club’s history. Their exemplary service and dedication serve as an inspiration to all members, embodying the spirit of excellence and community that Glenelg Golf Club strives to uphold.
Helen McMutrie
Helen McMutrie’s journey with Glenelg Golf Club began in 1978, and since then, she has been a formidable force in promoting and advancing women’s golf. Helen’s dedication to the sport is further exemplified by her tenure as Club President of Glenelg Golf Club, a position she has held since 2015.
List of Achievements:
• Started her membership at Glenelg Golf Club on 21st April 1978.
• South Australian Delegate for the Australian Ladies Golf Union 1993-95
• Assisted in the successful transition to Women’s Golf Australia through her time as the South Australian delegate.
• President Women’s Golf Australia South Australia Division 1996-98
• President Women’s Golf Australia 1999-2001
• Glenelg Golf Club Committee 2003-08
• Glenelg Golf Links Director 2008-current
• Glenelg Golf Club President 2015-current
• 1990 – 1992 Captain SA Junior Girls State Team x3
• 1991 – Manager senior and junior Australian Tasman Cup team of New Zealand
• 1992 – Captain Australian Junior Team of New Zealand
• 1994 – Manager Australian teens of the International Team Championship for schools St Andrews Scotland (3 boys from Kooralbyn International School Queensland) – finished 3rd & Jonathan Riley won the individual
• 1997 – Captain winning Australian Junior Tournament Cup team Bonnie Doon NSW
• 2000 – Captain Australian team to World Amateur Team Championship (Espirito Santo Trophy) Germany
• 2000 – Australian Sports Medal in recognition of service for golf.
Chris Whitford
Helen McMutrie
(L) Bob Tuohy, Helen McMutrie & Chris Whitford (R)
Helen McMutrie
Chris Whitford
Chris Whitford
Chris’ contribution, as player and administrative roles extending well beyond the Glenelg Golf Club with a significant contribution to the industry both locally and nationally. Chris Whitford’s association with Glenelg Golf Club spans over six decades, a testament to his unwavering dedication and passion for the game. Joining the Club in 1963, Chris has held numerous pivotal roles, including Club Captain in 2001 and 2002.
List of Achievements:
• Started his membership at Glenelg Golf Club on 1st June 1963.
• Was a member of the SA Junior team playing the Australian Championships in 1966, 1967 & 1968 (captain)
• Competed in over 120 Simpson Cup Matches for Glenelg Golf Club
• Winner of 6 Glenelg Golf Club Championships; the 1st in 1972, and the 6th 29 years later in 2001
• Competed in over 50 matches for SA Senior Team
• Manager of Simpson Cup Team from 1996 to 2010. Success in 1995, 1997 & 2003
• Manager of SA Colts team in 1999 & 2000
• Manager of SA Senior team from 2001 to 2009, during which time he was the chairman of selectors
• Golf Australia Selector & Team Manager from 2005 to 2011
• Started committee of management level at Glenelg Golf Club in 1994
• Captain of Glenelg Golf Club in 2001 & 2002
• Glenelg Golf Club’s delegate on the SA Golf Association Council from 1994 to 2008
• Member of SAGA/WGSA Amalgamation Committee set up in 2005 to establish guidelines for the amalgamation of men’s and women’s golf in SA.
• Member of the Interim Golf SA board from February 2008 to September 2009, under the chairmanship of Jan Sutherland, CEO Sports SA.
• Inaugural Chairman of Golf SA in September 2009
• Walking rules official at 6 Australian Opens 1999 – 2005.
• Currently President of the Senior Golfers Society of Australia.
Membership Status
For the year ending 31 March 2025
*Absentee, Ambassador, Casual, Clubhouse, Senior Special, & Veteran
Office Bearers
Committee Members
1927 - 2025
Adair, M.S. 5 Goldsworthy, J.S. 2
Mausolf, N. 6 Stevens, G.B. 5
Alderman, J.R. 24 Grosvenor, P.J. 9 McCarter, L. 5 Stevens, R.F. 8 Allen, W.S. 16 Guy, G.R. 3 McCarthy, K.J. 6 Still, J.A. 4 Ashton, E.C. 11 Guymer, Dr. A.H. 3
McFarlane, A. 3 Stone, J.C.F. 3 Ashton, J.E. 16 Handford, J.E.O. 10 McFarlane, K.B. 3 Summers, M.C.E. 20 Bagshaw, N.E. 11 Harris, S.D. 12 McGlasson, A. 6 Symons, I.P. 10 Barton, D.N. 13 Hartford, B.B. 1 McGrath, P.R. 8 Thomas, V.M. 6 Bennett, R.B. 9 Hendry, J.M. 2 McKee, J.E. 5 Thompson, G.R. 4 Bishop, W.P. 6 Hewett, L.P. 2 McKee, S.N. 12 Trabilsie, F.J. 7 Briscoe, P.C.A. 11 Hicks, F.G. 5 McLeay, G. 2 Truscott, R.W. 1 Brooke, A.C. 6 Hill, J. 5 McLuckie, R. 3 Turci, C.J. 5 Brooks, I.R. 10 Hodgson, G.A. 13 McMutrie, H. 6 Vivian, A.B. 5 Brooks, L.A. 1 Hodgson, J.W. 1 Merrett, A.F. 6 Waddy, J.L. 6 Burgan, O.T. 3 Holt, W.B. 9 Morton, P.T. 23 Walsh, T.I. 6 Butler, J.A. 11 Hull, S.C. 2 Nelson, R.A. 2 Warburton, C. 9 Campbell, K.S. 3 Humphries, W.G. 5 Newton, R. 4 Watson, D.M. 21 Chamberlain, R.R. 1 Jackman, A.J. 2 Norman, P.J. 10 Watson, E.J. 1 Chapple, G.B. 3 Jackman, J.W. 1 Nyland, K. 10 Weston, G.W. 3 Collins, F.G. 21 Jackman, S. 4 O’Brien, G.P. 6 Wheatley, J.A. 9 Connelly, P.F. 3 Jarrad, B. 6 Omond, J.D. 21 Whitford, A.K. 12 Crookall, K.C. 2 Jeffery, K 1 Palmer, J.S. 4 Whitford, C.R. 10 Cudmore, D.C. 2 Johnson, A.C.M. 7 Percival, S.T.P. 1 Winton, B. 5 Culley, A.J. 2 Johnson, N.J. 6 Petherick, S. 6 Wood, C.M. 11
Dale, M.E. 9 Johnson, W.G. 2
Phillips, D.W. 2 Wood, L.M 4
Darling, A.E. 12 Kenny, J.P. 1 Phillips, M.B. 14 Wood, W.C. 2 Dignan, J.A. 1 Kimber, A.W. 4 Price, W.D. 1 Woolcott, E.S. 3 Duregon, P.B. 8 Kookana, S.S. 4 Pritchard, W.A. 2 Wright, H.F. 6 Ellers, L.G. 3
Koukourou, S. 8
Ranaldo, J 3 Young, W.D. 2 English, R.J. 10
Lacey, E.H. 2
Rawson, J.A. 11 Ferris, B.T. 4
Flehr, B.E. 4
Lewis, F.A. 24
Lindsay, D.M. 8
Rawson, K.A. 16
Reade, T.C. 6 Follett, R.M. 7 Lynch, I.C. 6
Foster, G.C. 1
Roberts, B.M. 9
Maddern, Dr. C.B. 1 Royals, D.W. 3 Fox, G.M. 9 Maddern, J.P. 5
Rundle, G.C. 9 Frances, I.K. 2 Mahoney, W.J. 5 Sando, H.H. 3 Frearson-Lea, J 3 Mallen, L. 3
Sands, R.G. 3 Freeman, R.E.N. 3 Manning, J.A. 7
Gander, P.M. 7 Manser, B.J. 12
Sauerbier, L.C. 3
Skinner, L.P. 5 Giles, J.R. 10 Marshall, A.K. 1
Gillespie, D.P. 3 Martin, A.J. 8
Slade, H.T. 11
Skinner, L.P. 5 Gillman, J.F. 1 Martin, S.G. 2 Standish, A 3
Gitsham, G.D. 6 Maunder, P. J 3
Stanhope, B.H. 1
Performances of Note
For the year ending 31 March 2025
Jack Buchanan 23, Ambassador
Jack secured his maiden professional victory at the WA PGA Championship in October, quickly following it up with a second win at the SA Webex Players Series held at Willunga. His strong form continued throughout the season, culminating in a 6th place finish on the PGA Tour of Australasia Order of Merit. Jack also earned exemption into the 2025 International Series on the Asian Tour, thanks to a top-five finish at the LIV Golf Promotions event in Saudi Arabia.
Following these impressive results, the Club proudly welcomed Jack as an Ambassador to help promote Glenelg Golf Club within the golfing community.
State Team Selections
Men’s State Team – Jack Tanner, Kade Bryant Boy’s State Team – Jack Leonard, Kade Bryant
SA School Sport Boys U/18 Team – Blake Wilby, Jack Leonard, Kyle Feltus
SA School Sport Girls U/18 Team – Bec Hardy, Zoe Manton
SA School Sport Boys U/12 Team – Jayneil Rudrappagari
SA School Sport Girls U/12 Team – Adele Wang
Amateur Events
Winner 12 & Under State Championship – Adele Wang
Winner Women’s Senior Order of Merit – Christine Trimmer
Winner SA Junior Masters (Royal Adelaide) – Jack Leonard
Zoe Manton
Kade Bryant
Jack Buchanan
Club Championships
The 2024/25 event schedule was revised to avoid conflicts between the Club’s major Championship events and the Golf SA Pennant program, with Championship events now scheduled for late 2025. In addition, the Club’s major Men’s, Women’s, and Junior Vardon events were cancelled due to the ongoing Course Enhancement Project.
Winner
Boys Club Championship
Jack Leonard
Runner up
Fletcher Ryan Girls Club Championship Bec Hardy Grace Ferrier
Jimmy McLachlan Memorial Trophy
Mens Foursome Championship
Womens Foursome Championship
Mens A Grade Foursomes
Jack Buchanan Jack Tanner
Steve Locke & Mick Phillips
Jill Hodge & Imelda Lynch
Tony Martin & Andrew Nash
Mens B Grade Foursomes Ben Briggs & Stephen Cilento
Mens C Grade Foursomes
Trevor Gould & Adam Gould
Womens B Grade Foursomes Jill Gehlin & Joan Ferrier
Womens C Grade Foursomes Heather Bedson & Rita Niemirowski
Mixed Foursomes Championship
Owen Whitford Trophy
Lance Begg Trophy
Winter Pinehurst Foursomes
Burgandy Trophy
Don Harris Memorial Trophy
Adam Trimmer & Christine Trimmer
Adam Trimmer & Christine Trimmer
Mia Chinner & Ben Chinner
Andrej Wojciechowski & Jared Gogic
Ava Strazdins & Adam Strazdins
Sam Kelly & Blake Hefford
David Brand & Kade Bryant
Jackie Burke & Jo Ricourt
Harry Smith & Josh Fitzpatrick
Nathaniel Rowe & Lachlan Nairn
Peter Deed & James Deed
Helen McMutrie & Helen Mesnil
Joyce & Gerry Hall
Cathie Symons & Kade Bryant
Cheryl Franzi & Lynton Franzi
Ian Robinson & Geovanna Kervers
Paul Nobes & James Pyke
Craig Bevan & Alex Cronis
Craig Bevan & Alex Cronis
Bec Hardy, Junior Girls Club Champion
Jack Leonard, Junior Boys Club Champion
(Left) Grace Ferrier and Bec Hardy (Right)
(Left) Fletch Ryan and Jack Leonard (Right)
Mixed Foursomes Championship Final
Men’s Events
ANZAC Memorial Trophy Stephen McCarthy
Captain's Trophy Seb Wadsworth
President's Trophy Paul Bauer & Chris Parkinson
Glenelg Trophy Daryl Bailey
Sam Percival Trophy Scott Petherick
Milo Sprod Trophy John Keogh
Reg Sands Starter Trophy Ben Allan
Glenelg Trophy (Juniors) Seb Wadsworth
Boys Handicap Matchplay Seb Wadsworth
Rawson Memorial Lee Schneebichler
Don Watson Memorial Morrie Croucher
Frank Collins Memorial Nathan Uebergang
AH Smerdon Memorial Andrew Perkins
Steve McKee Memorial Nicholas Barnett
Summer Cup Brad Stephens
FA Lewis Memorial Anil Kookana
Harold Wright Memorial Brenton Lane
Brian Bashford Memorial Richard Verco
Joe Ashton Trophy David Murphy
Norm Omond Medals
A Grade Greg Cox
B Grade Craig Fleming
C Grade Peter Grosvenor
Women’s Events
President's Foursomes Jill Hodge & Jo Rawson
Captain's Trophy Jill Gehling
Laurel Wreath Jill Gehlin
International Bowl - Silver Jill Gehlin
International Bowl - Bronze Traey Kavenagh
Shane Robinson Trophy Annette Schaeffer
Club Medal 1 Jackie Burke
Club Medal 2 Tracey Kavenagh
Wallace Stroke Christine Trimmer
Consistency Cup Anne Hooper
Veteran's Handicap Net Tracey Cramey
Veteran's Handicap Gross Jill Hodge
Essex Stroke - Silver Jo Rawson
Essex Stroke - Bronze Jo McCarthy
Most Improved Handicap Mia Chinner
Jacka Trophy Fiona Eblen
Parfection Prize Wendy Vaughan
Hole In One
Joanne
Stephen McCarthy 16th
Imelda Lynch 16th
James Frearson-Lea 19th
Greg Way 14th
Simon
Simon
Brett
Alan Ockenden 19th
Christine
Rita
Scott
Gail
Geoff
Peter
Doug
Bob
Sal
Morrie Croucher 14th
Jacob Lewis 19th
Derek Thomas 11th
Chris James 10th
Brett Hicks - 19th Hole
Heather Bedson - 19th Hole
Scott Williams - 11th
Rita Niemirowski - 19th Hole
Total Hole In Ones
Imelda Lynch - 16th Hole
Todd Cumberford - 19th Hole
Tony Sullivan - 19th Hole
James Frearson-Lea - 19th Hole
Peter Gale - 19th Hole
Doug Conner - 14th Hole
Jacob Lewis - 19th
Simon Julian - 16th Hole
finance report
STATEMENT OF COMPREHENSIVE INCOME FOR THE PERIOD ENDED 31 MARCH 2025
The accompanying notes form part of these accounts
STATEMENT OF COMPREHENSIVE INCOME FOR THE PERIOD ENDED 31 MARCH 2025
The accompanying notes form part of these accounts
STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2025
The accompanying notes form part of these accounts
STATEMENT OF CHANGES IN EQUITY FOR THE PERIOD ENDED 31 MARCH 2025
End 2023-24
STATEMENT OF CASH FLOWS FOR THE PERIOD ENDED 31 MARCH 2025
NOTES TO AND FORMING PART OF THE ACCOUNTS FOR THE PERIOD ENDED 31 MARCH 2025
NOTE 1 - STATEMENT OF SIGNIFICANT ACCOUNTING POLICIES
The financial statements are general purpose financial statements that have been prepared in accordance with Australian Accounting Standards – Simplified Disclosures of the Australian Accounting Standards Board (AASB) and the Associations Incorporation Act of 1985. The association is a not-for-profit entity for financial reporting purposes under Australian Accounting Standards.
The financial report covers the consolidated entity of Glenelg Golf Club Inc (Club) as the individual controlling entity and the controlled entity Glenelg Golf Links Limited (GGL) incorporated and domiciled in Australia.
The financial report of Glenelg Golf Club Inc and the controlled entity and Glenelg Golf Club Inc as an individual controlling entity comply with all Australian equivalents to International Financial Reporting Standards (IFRS) in their entirety except where compliance is not mandatory for non-corporate entities.
The financial report has been prepared on an accrual basis and is based on historical costs and does not take into account changing money values or, except where stated, current valuations of non-current assets. Cost is based on the fair values of the consideration given in exchange for assets.
The principal continuing activity of the Club consisted of: - providing a golf course for member and social play; and - providing bar and dining facilities in the clubhouse
The following is a summary of the material accounting policies adopted by the consolidated entity in preparation of the financial report. The accounting policies have been consistently applied unless otherwise stated.
a) Principles of Consolidation
The Club controls majority of the share capital of Glenelg Golf Links Limited (GGL) as such in accordance with AASB 10 – Consolidated Financial Statements the Groups consolidated accounts incorporated the assets and liabilities of GGL as at 31 March 2025 and the financial result of GGL for the period then ended. The effects of all transactions between the Club and GGL are eliminated in full on Consolidation. The remainingownership of GGL is recognised as Outside Equity Interests in the Statement of Changes in Equity and the Group’s equity is shown separately in the Consolidated Statement of Comprehensive Income and Statement of Financial Position, respectively.
Due to the different valuation approaches take by each entity, upon consolidation this causes the market value of the shares in GGL to be reverted to cost. The cost of the GGL shares have been disclosed as Free Hold Land in Note 6 of the Consolidated Financial Statements.
b) Financial Instruments
Financial assets and liabilities are initially recognised when the Club becomes a party to the contractual provisions to the instrument. For Financial assets, this is the date that the Club commits itself to the purchase or sale of the asset.Financial assets are initially measured at fair value, where the values in an active market are used to determine the value. A financial asset can be subsequently measured in three ways; amortised cost, fair value through other comprehensive income, or fair value through profit and loss.
A financial asset is subsequently measured at fair value through other comprehensive income as it is irrevocably designated by Committee of Management (note 17b) to be treated in this way, with fair value adjustments to be made against a reserve in equity. As the value of the shares do not impact the business operating performance, the fair value adjustment need not impact operating surplus/deficit.
A financial liability can be measured at amortised cost or at fair value through the Profit and Loss. In relation to the Club's loan facility they are measured at the amortised cost and the effective interest rate method is applied. This means the interest costs related to the debt are expensed in the Profit and Loss over the relevant period. Changes to accounting standard AASB 9 have impacted the way that the Glenelg Golf Link Limited shares are to be reported in the 2019-2020, and all future Financial reports. Previously shares had been recorded at purchase price.
NOTES TO AND FORMING PART OF THE ACCOUNTS FOR THE PERIOD ENDED 31 MARCH 2025
NOTE 1 - STATEMENT OF SIGNIFICANT ACCOUNTING POLICIES
c) Pr op e r t y, Pl a n t a n d E q u i p m e n t
Each class of property, plant and equipment is carried at cost less, where applicable, any accumulated depreciation and impairment losses.
Property
Freehold land is shown at cost. Building is shown at cost less any accumulated depreciation and impairment losses.
Plant and Equipment
The depreciable amount of all fixed assets including building, but excluding freehold land, is depreciated on a straight line basis over their useful lives to the consolidated entity commencing from the time the asset is held ready for use.
The depreciation rates for each class of depreciable assets are based on the following estimated useful lives, expressed in years:
At each reporting date, the Committee of Management reviews the carrying values of its assets to determine whether there is any indicators of impairment. If such an indication exists, the recoverable amount of the asset, being the higher of the asset's fair value less costs to sell or value in use, is compared to the asset's carrying value. Any excess of the asset's carrying value over its recoverable amount is recognised immediately to the profit and loss statement.
Where it is not possible to determine the recoverable amount of an individual asset, the Committee of Management estimates the recoverable amount of the cash-generating unit to which the asset belongs.
Provision is made for the Club's liability for employee benefits arising from services rendered by employees to balance date. Employee entitlements expected to be settled within one year together with entitlements arising from wages and salaries, annual leave and long service leave which will be settled after one year, have been measured at their nominal amount. Other permanent employee entitlements payable later than one year have been measured at the present value of the estimated future cash outflows to be made for those entitlements. Other casual employee entitlements payable later than five years have been measured at the present value of the nominal amount.
Subscription revenue is recognised in the profit and loss statement in the Membership year it relates to. The Membership year runs in-line with the Financial year of the 1st April through to 31st March of the following year.
Entrance Fee income has been adjusted to be apportioned to the expected average tenure of the membership. Entrance Fees are put to a liability account (Note 13 - Entrance Fees - Accrued) to be apportioned over future years.
A 10 year average has been applied to Provisional, Six Day, Weekday and Company member Entrance Fees.
A 5 year average has been applied to Country, Casual and Intermediate member Entrance Fees.
Junior Entrance fees are applied at time of invoicing as the spread of these payments is already applied.
g) Income Tax
The Club is exempt from Income Tax in accordance with Section 50-5 of the Income Tax Assessment Act, 1997.
NOTES TO AND FORMING PART OF THE ACCOUNTS FOR THE PERIOD ENDED 31 MARCH 2025
NOTE 1 - STATEMENT OF SIGNIFICANT ACCOUNTING POLICIES
h) I n ve n tor ie s
Inventories are measured at the lower of cost and net realisable value. No provision has been made for slow moving inventory, but shall be accounted for if required.
Expenditure incurred on redevelopment of the course is recognised as an expense in the Statement of Comprehensive Income as incurred, unless it is capital in nature, in which case it is capitalised in accordance with the capital expenditure definition. j)
Construction work in progress is stated at the aggregate of contract costs incurred to date and included if applicable, as part of Property, Plant & Equipment.
k)
Cash and cash equivalents include cash on hand, deposits held at call with banks, other short-term highly liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within short-term borrowings in current liabilities on the balance sheet.
l) Com p a r a tive F ig u r e s
When required by Accounting Standards, comparative figures have been adjusted to conform to changes in presentation for the current financial year.
During the financial year the Club has reviewed the allocation and classification of some transactions which has been updated in the comparative information presented. Changes in classification has resulted in no change to the previously reported financial performance and position of the Club. m) L e a se s -
At inception of a contract, the Club assesses if the contract contains or is a lease. If there is a lease present, a right-of-use asset and a corresponding lease liability are recognised by the Club where the Club is a lessee. All contracts that are classified as short-term leases (lease with remaining lease term of 12 months or less) and leases of low value assets are recognised as an expense on a straight-line basis over the term of the lease.
Initially, the lease liability is measured at the present value of the lease payments still to be paid at commencement date. The lease payments are discounted at the interest rate implicit in the lease. If this rate cannot be readily determined, the Club uses the incremental borrowing rate.
The right-of-use assets comprise the initial measurement of the corresponding lease liability as mentioned above, any lease payments made at or before the commencement date as well as any initial direct costs. The subsequent measurement of the right-of-use assets is at cost less accumulated depreciation and impairment losses.
Right-of-use assets are depreciated over the lease term or useful life of the underlying asset whichever is the shortest. Where a lease transfers ownership of the underlying asset or the cost of the right-of-use asset reflects that the Club anticipates to exercise a purchase option, the specific asset is depreciated over the useful life of the
During the 2024-25 year, the Club received wage subsidies for the employment of apprentices amounting to $21,719 (2023-24: $38,212) o) Cr itica l Accou n tin g Ju d g e m e n ts
The Committee of Management evaluate judgements incorporated into the financial statements based on historical knowledge and the best available current information. p)
The Junior Foundation Fund is held for the purpose of supporting the development and growth of junior Members. Due to the nature of this Fund there is no constructive and/or legal liability of the Club as defined by Australian Accounting Standards however, the Club has an Accounting Policy to hold any unspent funds directly received for the purposes of administering its junior development programs as a liability to be quarantined for future allocation to programs undertaken. q) Oth e r I n com e - D on a tion s Re ce ive d
During the 2024-25 year, the Club recognised donations received towards the Lone Pine Pavilion amounting to $457,333 (2023-24: $0)
During the 2024-25 year, the Club recorded $64,485 of expenses relating to the infrastructure masterplan which was in preliminary stages at balance date and therefore expense in nature.
NOTES TO AND FORMING PART OF THE ACCOUNTS FOR THE PERIOD ENDED 31 MARCH 2025
NOTE 2 - CASH & CASH EQUIVALENTS
The effective interest rate on short-term bank deposits was 0.82% (2023-2024: 0.73%); these deposits have an average maturity of 20 days.
The Heritage Fund holds funds donated and bequeathed to the Club for specific projects that are identified and approved by the Committee of Management and are not available for funding operational activities.
Reconciliation of Cash
NOTE 3 - TRADE & OTHER RECEIVABLES
NOTE 4 - INVENTORIES
NOTE 5 - FINANCIAL ASSETS
In accordance with Accounting Standard AASB 9 in relation to Financial Instruments, the shares held in Glenelg Golf Links Ltd are recognised at Fair Value, with the value being based on the last sale price recorded. The last sale price recorded was in 2024/2025 at $360.00 per share (2023/24 $320.00 per share) the revaluation of these shares is carried through Other Comprehensive Income and shown as a reserve on the Balance Sheet.
NOTES TO AND FORMING PART OF THE ACCOUNTS FOR THE PERIOD ENDED 31 MARCH 2025
NOTES TO AND FORMING PART OF THE ACCOUNTS FOR THE PERIOD ENDED 31 MARCH 2025
NOTE 6 - PROPERTY, PLANT AND EQUIPMENT (CONT.)
b) Movement in Carrying amount Movement in the carrying amounts for each class of property, plant and equipment between the beginning and the end of the current financial year.
Glenelg Golf Links Limited which owns the land on which the golf course is situated. This will also include a
Capital of outside equity interests
Impairment Losses
Given there were no indicators of impairment, there were no impairment losses recognised in current year (2023/2024: nil).
In accordance with AASB 16 the Operating Leases in place for Golf Carts and Course Equipment are recorded as a Right of Use Asset and depreciated on a straight line basis over the life of the lease. The following amounts are recognised in the Statement of Comprehensive Income The Freehold Land at 31st March 2024 is recorded at a carry forward value from prior years. This value will increase as a result of the
NOTES TO AND FORMING PART OF THE ACCOUNTS FOR THE PERIOD ENDED 31 MARCH 2025
NOTE 8 - TRADE & OTHER PAYABLES
NOTE 9 - PROVISIONS (a)
RM PROVI SI ON S
(b) LONG-TERM PROVISIONS Long Service Leave
NOTE 10 - BORROWINGS
(a)
(b) LONG-TERM BORROWINGS Bank loan
The Club has a loan facility of $3,000,000 with $2,200,000 secured by registered mortgages over land owned by Glenelg Golf Links Limited. At 31 March 2025, $929,401 of the Club's facility was utilised (31 March 2024: $0).
The Club offset account reduces the Clubs liability to $929,401. The following amounts detail the net result of the balance of the loan facility and offset account. The $2,200,000 loan facility maturity date is 22/09/2026 and $800,000 loan facility maturity date is 31/08/2025.
NOTES TO AND FORMING PART OF THE ACCOUNTS FOR THE PERIOD ENDED 31 MARCH 2025
NOTES TO AND FORMING PART OF THE ACCOUNTS FOR THE PERIOD ENDED 31 MARCH 2025
NOTE 15 - FINANCIAL INSTRUMENTS
(a) Interest Rate Risk
The Club's exposure to interest rate risk, which is the risk that a financial instrument's value will fluctuate as a result of changes in market interest rates and the effective weighted average on those financial assets and liabilities, is as follows:
(b) Credit Risk
The maximum exposure to credit risk, excluding the value of any collateral or other security, at balance date to recognised financial assets is the carrying amount, net of any provisions for doubtful debts, as disclosed in the Balance Sheet and notes to the financial statements.
(c) Net Fair Values
The aggregate net fair values and carrying amounts of financial assets and financial liabilities are not materially different from those disclosed in the Balance Sheet and in the notes to and forming part of the accounts.
( d ) The Club has performed a sensitivity analysis relating to its exposure to interest rate risk at balance date. The sensitivity analysis demonstrates the effect on the current year results and equity which could result from a change in these risks.
At 31 March 2025, the effect on profit and equity as a result of changes in the interest rate, with all other variables remaining constant would be as follows:
NOTE 16 - AUDITOR'S REMUNERATION
Remuneration of the auditor of the parent entity for:
NOTES TO AND FORMING PART OF THE ACCOUNTS FOR THE PERIOD ENDED 31 MARCH 2025
NOTE 17 - RELATED PARTIES
(a) The Club paid rent of $0 to Glenelg Golf Links Limited in which it has a majority shareholding, for use of the Golf Course (2023-2024 - $0).
(b) The names of the persons who were officers of Glenelg Golf Club Incorporated at any time during the period ended 31 March 2025 and formed the Committee of Management are as follows:
Imelda C. Lynch (Captain)
Paul J. Grosvenor (Captain)
Scott Petherick (Vice-Captain)
Anna Standish
James Frearson-Lea
Andrew Culley
Paul M. Gander
Ben Winton
Kristin Jeffery
Term Completed June 2024
Elected June 2024
Elected June 2024
Elected June 2022
Elected June 2022
Elected June 2023
Elected June 2024
Elected June 2024
Elected June 2024
During the financial year, the Club used services from Green Goose Lawns, a business controlled by Mr Paul Gander totalling $5,755 for the purpose of Kikuya spraying on course. Transactions between related parties are on normal commercial terms and conditions no more favourable than those available to other parties.
NOTE 18 - CONTINGENT LIABILITIES
Glenelg Golf Links Limited's objection to the land tax assessment for 2023/24 was upheld and therefore no expense or accrual has been recognised in relation to 2024/25 land tax. The Club understands that Revenue SA intends to review the eligibility for GGL's exemption from land tax at the end of each financial year.
NOTE 19 - AFTER BALANCE DATE EVENTS
There were no after balance date events that need to be brought to the attention to the users of the accounts.
NOTE
20 - ASSOCIATION DETAILS
The principal place of business of the association is 20-118 James Melrose Road, Novar Gardens, South Australia, 5040.
NOTES TO AND FORMING PART OF THE ACCOUNTS FOR THE PERIOD ENDED 31 MARCH 2025
NOTE 21 - CAPITAL EXPENDITURE COMMITMENTS
Capital expenditure commitments contracted for:
Plant & Equipment Purchases
Capital Expenditure Projects
Payable: within 12 months
between 12 months and five years
greater than 5 years
Appropriate financing is in place, and from time to time the Committee of Management reviews the debt position (and takes action as necessary) to ensure the Club remains viable and can continue as a going concern.
The Club's debt and capital includes financial liabilities, supported by financial assets.
The $2,200,000 bank loan is secured by registered mortgages over the land and this forms an imposition on capital requirements. (Note 10)
The committee members effectively manage the Club's capital by assessing the Club's financial risks and adjusting its capital structure in response to changes in these risks and in the market. The responses include the management of debt levels.
There have been no changes in the strategy adopted by management to control the capital of the Club since the prior year. This strategy is to ensure that there is sufficient cash to meet trade and sundry payables and borrowings. 2024-25 2023-24
NOTE 22 - CONTROLLED ENTITIES
Country of Incorporation
Controlling Entity Glenelg Golf Club Inc Australia Controlled Entity
*percentage of voting power in proportion to ownership
Percentage owned (%)*
STATEMENT BY COMMITTEE
In the opinion of the Committee of Management of Glenelg Golf Club Incorporated:
a ) The attached consolidated statements of Glenelg Golf Club Incorporated, comprising the statement of financial position, statement of comprehensive income, statement of changes in equity, statement of cash flows and notes to the financial statements for the year ended 31 March 2025 are, in our opinion, properly drawn up so as to give a true and fair view of the state of affairs of the Club and the consolidated entity as at 31 March 2025, and of their results for the year then ended.
b ) At the date of this statement there are reasonable grounds to believe that the Club will be able to pay its debts as and when they fall due.
The accounts have been made out in accordance with applicable Accounting Standards.
In accordance with section 35(5) of the Associations Incorporations Act, 1985, the Committee of Glenelg Golf Club Incorporated hereby states that during the financial year ended 31 March 2025:
1. Paul Gander's business, Green Goose Lawns, received payments under normal commercial conditions for kikuyu spraying on course.
This report is made in accordance with a resolution of the Committee of Management and signed by two Members of the Committee.
Glenelg Golf Club
James Melrose Road
NOVAR GARDENS SA 5040
(08) 8350 3200
www.glenelggolf.com reception@glenelggolf.com
GLENELG GOLF CLUB INCORPORATED ABN 94 199 789 857
