Acknowledgement Of Traditional Owners
The Federation of Parents and Citizens Associations NSW acknowledges the Traditional Custodians of the lands where we work and live. We celebrate the diversity of Aboriginal peoples and their ongoing cultures and connections to the lands and waters of NSW.
Contents
PRESIDENT’S MESSAGE CEO’S MESSAGE GOVERNANCE STAFF ADVOCACY ENGAGEMENT ANNUAL VOLUNTEER AWARDS ROAD SHOWS JOURNAL BULLETIN MEMBER SERVICES
Incoming President’s Message Aresha Quass Incoming President of the Board 2025 It is a privilege to present the Annual Report for the period 31 May to 31 December, a time of important progress and renewed focus for the P&C Federation of NSW. This reporting period reflects the final months of the leadership of Past President Yvonne Hilsz, whose commitment and vision have left a strong and lasting foundation for the work ahead. Yvonne’s legacy is one of energy, advocacy, and a deep belief in the power of parent voice. Her leadership during this period has positioned the Federation to move forward with confidence, strengthened governance, and a clear strategic direction. As the incoming President, I extend my gratitude for her dedication and look forward to building on the momentum she helped create, as we continue our work to represent, support and empower P&C Associations across New South Wales.
President’s Message While this annual report covers a shorter period than usual - from 31 May to the end of December 2024 - it represents an important chapter for the P&C Federation of NSW. During these months, we have consolidated our focus, strengthened internal processes, and elevated our work supporting and advocating for P&C Associations across the state. I am incredibly proud of what we’ve achieved in this time. We have significantly expanded our efforts to equip P&C Associations with practical resources, clearer communication, and stronger representation. At the heart of our work lies the unwavering spirit of community volunteerism, driven by the belief that thriving school communities enrich not only our children’s learning, but the lives of all involved. One of our major priorities in this period has been our advocacy for full funding of public schools. I’ve had the opportunity to represent P&C Associations on television, radio and in print, and to collaborate with the NSW Teachers Federation as part of the For Every Child campaign. We believe every child deserves access to a fully funded, high-quality public education—and I’ve been heartened by the strong response from parents, carers and P&C Associations across NSW who have championed this message in their local communities.
This period also marked the launch of our regional Road Show events, through which we visited our electorate regions outside of metro Sydney. These events allowed us to build in-person connections, share local stories, and learn from the diverse experiences of our members. They have been an outstanding step forward in ensuring our work is grounded in the realities of all school communities across NSW. Behind the scenes, we have also strengthened our strategic direction and improved internal processes to better serve our members. Our focus remains clear - to enable every publicschool community to thrive by equipping P&C Associations with tools, knowledge and support that make a tangible difference in their local context. As this reporting period draws to a close, so too does my term as President of the Board. It has been an honour to serve in this role and I’m delighted to announce that Aresha Quaass has taken up the position. I know Aresha will bring deep commitment and a steady hand to the Federation's next chapter. I look forward to continuing my involvement in my own school community and remaining an active part of the broader network of P&C Associations across NSW. Yvonne Hilsz President of the Board
CEO’s Message It is with great pride that I reflect on the latter 2024, in our shorter transition period of June-December 2024 before we move to calendar year reporting from 2025. This was a period of remarkable achievements for the P&C Federation of NSW and the wider parent and citizen community we represent. It has been a testament to the enduring power of parents, carers, and citizens working together to champion public education and strengthen school communities across our state. A defining moment of 2025 was the historic announcement of a new school funding agreement, significantly increasing funding to NSW public schools. This achievement is the result of unwavering advocacy throughout 2024 by parents and carers through their P&C Associations – an extraordinary collective effort that has demonstrated what is possible when we stand together. Our “Full Funding Matters” campaign galvanised nearly 100 P&C Associations to pass formal resolutions and thousands of parents to sign our petition, amplifying the voice of our school communities at the highest levels of government. We were proud to see the Federation’s advocacy acknowledged publicly, with the Deputy Premier and Minister for Education and Early Learning, the Hon. Prue Car MP, and the Secretary of the Department of Education,
Murat Dizdar, both publicly and frequently recognising the vital role of P&Cs in securing the agreement. These acknowledgements reinforce the importance of P&Cs not only in fundraising and service delivery but also in shaping the future of public education through determined advocacy. Beyond advocacy, the Federation has continued to grow and diversify the support we offer our members. In 2024, we launched new initiatives such as the monthly P&C Q&A Forums, giving members direct access to advice, peer support, and the chance to share practical solutions. These sessions have fostered connection, sparked new ideas, and reminded us of the immense strength that comes from P&Cs working together. We also embarked on our ambitious Rural and Regional Road Shows, taking the Federation’s support directly into local communities across NSW. Listening to the experiences of P&Cs in Tamworth, Port Macquarie, Dubbo, Orange, and beyond has informed our work and deepened our understanding of the diverse needs of our members. Hearing firsthand from P&C members reinforced the powerful difference that parent volunteers make in enriching public school communities. Importantly, the Federation has achieved a very positive financial result in 2024 – the first time in many years. This achievement reflects a deliberate strategy of operational discipline, investment in new member offerings, and being able to realise value from the growing reputation that the Federation has for our connection to P&C Associations across NSW. As we look to 2025, we are focused on further strengthening the support and resources
available to our members. We are excited to be launching a brand-new member website and resource portal, designed to make it easier than ever for P&Cs to access up-to-date templates, guides, fact sheets, and practical advice. This investment is part of our commitment to making every volunteer hour easier and more effective, ensuring that P&Cs can spend more time on community building and less on administration. The coming year also marks the next chapter of our efforts to raise the visibility of P&C Associations and attract the next generation of parent volunteers. In every school across NSW, P&Cs are demonstrating the very best of public education – collaboration, inclusion, service, and a relentless belief in the potential of every child. We will be working to tell these stories more widely, and to invite even more parents and carers to join the proud tradition of volunteering through their local P&C. Finally, I want to extend my heartfelt thanks to every parent, carer, volunteer, and school community who makes the work of P&C Associations possible. Your contributions – big and small – create thriving, supportive environments for students and leave a lasting legacy for public education in NSW. Together, we have achieved so much this year. And together, we will continue to build a future where every public school community has the funding, support, and voice it deserves. Gemma Quinn CEO, P&C Federation of NSW
Governance BOARD Cassandra Jones, Macarthur Jason Ryan, Mid North Coast Saba Nabi, Riverina Gabrielle Kuta, Southern & Central Tablelands Hema Fifita, Vice President (from 5/11/2023), Southwest Sydney Wade Marionneaux, Secretary, West Sydney
PRESIDENT:
Yvonne Hilsz 30/07/23 to 31/12/24 Aresha Quass from 1/01/2025
Resigned Board Members: Glenn Campbell – 30/07/2023 to 1/12/2024 Jason Wong – 30/07/2023 to 03/09/2024 Liga Hegner – 30/07/2023 to 20/07/2024 Kristy Thomas – 10/11/2023 to 18/08/2024
DELEGATES Diane Darcy Far West
Yvonne Taylor Macarthur
Michael Nash North West Sydney
Katrina Gersbach Far West
Andrew Cheng North Sydney
Elon Dell South Coast
Tarnia Richards Hunter
Mark Van Kerkwyk North Sydney
Jodie Hourn Sydney
Madonna Frost Hunter
Christopher Kirk North West Sydney
Darin McLean West Sydney
(Finance and Risk Management)
SUB-COMMITTEES ADVOCACY
FARM
GOVERNANCE
Wade (Chair) Jason Hema Gabrielle Saba Gordon Shona
Jason (Chair) Gabrielle Wade Saba Gordon
Jason (Chair) Gabrielle Aresha Saba Gordon
Staff Gemma Quinn - CEO Patrick Doumani - Member Services & Research Officer Fiorella Recchi - Governance & Executive Officer Sam Manchester - Head of Strategy and Engagement Robert Hunt - Head of Member Services and Business Development Alex Zimbicki - Member Engagement Officer Former Staff: Larrissa Ryan - Partnerships & Stakeholder Manager Liam Bowden - Policy & Advocacy Officer Thomas Talevski - Communications Coordinator Kristy Wan - Digital Engagement Coordinator Emma Carrozza - Finance Manager Contractors we have brought in-house: Kerry, Journal Pete, Journal Design Derek, Website Maintenance Employee Matters, HR
Photo Comp Entries
Advocacy From 31 May through to the end of December 2024, the P&C Federation of NSW significantly expanded its advocacy efforts, ensuring the voices of P&C Associations and public-school communities were heard at the highest levels of government and in the public conversation.
FULL FUNDING CAMPAIGN
A central focus was the Federation’s ongoing campaign for full funding of public schools, aligned with the national push to see every school reach 100% of the Schooling Resource Standard (SRS). Throughout the year, we joined other major education stakeholders in calling on the Federal Government to meet its commitments, contributing to public debate through coordinated messaging, targeted government engagement, and joint initiatives. The campaign achieved strong public visibility through a number of notable media appearances across print, radio, and television, helping raise awareness and build momentum.
ADVOCACY SURVEY
To strengthen our advocacy with direct input from members, the Federation conducted a comprehensive Advocacy Survey, which received 368 responses from P&C Associations across the state. The survey confirmed widespread support for full school funding and provided critical insight into members’ concerns, including teacher shortages, inadequate infrastructure, and the need for better support for students with disability.
The responses also demonstrated a broad geographic reach across New South Wales, with representation from metropolitan, regional, rural, and remote communities. Sydney and its surrounding suburbs featured strongly, alongside responses from the Central West, Riverina, Northern Tablelands, Southern Highlands, and Far West. Submissions also came from the North and South Coasts, as well as from border regions near the ACT and Queensland. Locations spanned from Bega in the south to the Tweed region in the north, and from coastal areas to inland towns such as Nyngan and Tullibigeal.
SUBMISSIONS
Throughout the year, the Federation made numerous formal submissions to government inquiries and reviews, addressing issues such as school resourcing, policy reform, infrastructure planning, and family engagement. These submissions were grounded in realworld insights from P&C Associations and strengthened by data collected through our survey and direct member engagement.
368
RESPONSES
Inquiries that the P&C Federation made submissions to: • Inquiry into arts and music education and training in New South Wales o The P&C Federation appeared as witnesses • Feedback on the Better Fairer Schools (Funding and Reform) Bill 2024 • Impacts of harmful pornography on mental, emotional, and physical health
The past year has demonstrated the growing impact and credibility of the P&C Federation of NSW as a representative voice for school communities. We remain committed to advocating for a strong, inclusive, and fully funded public education system, informed by the experiences and priorities of our members.
Engagement This reporting period has seen a significant uplift in the way we engage, communicate, and connect with our members across NSW. Late in the year, we introduced a refreshed design for our bulletin—an important communication tool for keeping members up to date with news, opportunities and initiatives. The updated layout offers a cleaner, more engaging format, better reflecting the professionalism and purpose of the organisation. We also delivered a suite of timely webinars tailored to support our members with relevant, practical content. These included: • OOSH Tender and Transition • Applying for Placement in a Selective • High School or Opportunity Class Entry • Family Advocacy – P&C Inclusion • Subcommittee Introductory Session • Member Services and AGMs Alongside this output, we continued to invest in major behind-the-scenes upgrades to improve the way members interact with the Federation. Three major digital projects advanced this period: • Our move from Informz to Mailchimp as our email platform, delivering greater design flexibility, improved deliverability, and more effective audience management.
• Significant progress on redesigning the Member Portal within iMIS, which will offer a more intuitive, user-friendly experience for members seeking information and resources. • The continued development of a new Federation website, in collaboration with an external agency, to improve navigation, accessibility and alignment with our organisational identity. These enhancements will result in a more streamlined, accessible and engaging experience for members across all digital touchpoints. The communications team also provided wideranging support for core activities throughout the Federation—including our regional Road Show events, resource updates, and the Annual Volunteer Awards. Of particular note was their extensive work on the full funding campaign, which included the development of fact sheets, videos, web content, petitions, certificates, branded materials, and coordinated promotion across social media, email and earned media channels. This has been a high-output period, and just as importantly, one that positions the Federation for long-term impact and deeper connection with our member communities.
Governance
Chairing Meetings Introduction Chairing a P&C meeting is generally the role of the President. In the absence of the President, one of the other office bearers should chair the meeting. The Chairperson (Chair) is responsible for efficient running of the meeting, ensuring all agenda items are dealt with and the meeting runs to time. It is important that the Chair remains neutral, allowing all sides of an argument to be heard and ensuring all members who wish to speak to the agenda item do so without interruption. P&C Associations members are individuals with different values, beliefs, viewpoints, and ideas. The need for all meetings to be conducted in an orderly and equitable manner is essential. The Chair must preserve order, including ruling on contentious matters of procedure and assisting the progress of discussion by preventing irrelevant or repetitious discussion or offensive remarks.
Prepare for the Meetings To ensure all items are considered properly full and informed discussion, items must be advertised before being dealt with at a P&C Association meeting. The President and Secretary agree on the purpose of the meeting and work together to prepare an Agenda. Additional agenda items can be dealt with in general business at the end of the meeting if the meeting agrees, or they may be held over to the next meeting. The Chairperson can be influential and should be mindful of any indication they may give, either verbally or visually, that may influence the direction of the debate. If the Chairperson is not
able to remain neutral or wishes to be involved in the discussion, they should step down for that section of the meeting and allow someone else to chair the meeting for the entire course of the discussion on the specific topic.
Hints for Chairing Meetings • Welcome everyone to the meeting. Introductions if required. • New members may feel nervous. Try to bring them into the conversation. • Stick to the agenda and set a time to finish the meeting. • Ensure one speaker at a time has the floor. • Limit the number of speakers (for and against) on a particular topic. • Ensure all speakers are heard and their point of view is respected. • Know the rules. The Chair must apply the rules of the Constitution. • Keep the discussions flowing and keep order. The Chair may need to remind members of the last issue being discussed and stop unconstructive or irrelevant debate. • To achieve the aim in the allotted time, the Chair should take initiatives such as terminating the debate and putting the motion. • Create working parties to investigate a more significant issue and report to a future meeting. • Ensure the seating arrangements, such as a circle, horseshoe, and round table formations, produce a more inclusive feeling for all meeting members.
Page 1 of 2
Fundraising
Last Updated: Feb 2025
Fundraising Steps to Consider Summary Fundraising can take many forms and requires volunteers to help out. Fundraising can be a great way to bring the school community together in a common goal to raise funds for the school for the benefit of the students.
How can P&C Associations donate and fundraise? P&C Associations can fundraise in ways consistent with their objects in the Constitution and the Education Act 1990. These objects are: 1. to promote the interests of the school by bringing parents, citizens, students and teaching staff into close co-operation; 2. to assist in providing facilities and equipment for the school and in promoting the recreation and welfare of the students at the school; and 3. to encourage parent and community participation in curriculum and other education issues in schools where there is no school council.
be a reasonable argument that third party organisations that fulfil this object could be beneficiaries of a donation or other expenditure by a P&C Association. Object 1 also opens an avenue for P&C Associations to donate to other charitable organisations. Where a P&C conducts an activity that promotes the interests of the school by bringing all parties together in cooperation, they are fulfilling that first object. It could be reasonably argued that P&Cs conducting a fundraising activity - for example, holding a mufti-day raising both funds and awareness for a charity (such as Red Nose Day) - would be fulfilling object 1. However, there are cases where making charitable donations would not be in line with P&C objects for example, donating a budget surplus at the end of the year to a charity that has no impact on the school community would be very unlikely to be fulfilling the objects of the P&C Association. We suggest contacting the P&C Federation office for advice if ever you need anything clarified.
Can P&C Associations fundraise for or donate to outside charities? P&C Associations sometimes wish to assist charitable organisations or efforts outside their school, such as other community causes. However, this is only possible where it is consistent with the above objects. Object 2 deals with fundraising in one respect the funds raised by P&Cs will be used to provide facilities and equipment to the school. It also allows for P&Cs to promote the recreation and welfare of students at the school. There could Last Updated: Feb 2025
Page 1 of 3
28
NEW MEMBER RESOURCES
Annual Volunteer Awards
For 2024 we had Metro and Regional winners for each category
ASSOCIATION OF THE YEAR Lowesdale Public School P&C Association Lowesdale has a small but highly active P&C Association, supporting ten students in the rural Southern Riverina with 24 financial members. Every member contributes in diverse ways, from event organising, public speaking, media and communications, securing funding and expanding library resources to maintaining school facilities and running a playgroup for local families and more. Their impact far exceeds their size, making headlines for their successful fundraising, advocacy, and community events. Their dedication has strengthened both the school and the wider community, creating lasting benefits for education and beyond.
PRINCIPAL OF THE YEAR Gary Workman – Hanwood Public School Gary Workman has implemented school-wide
initiatives focused on student well-being, including anti-bullying and mindfulness programs. He has updated behavioural policies to create a supportive learning environment and actively participates in P&C initiatives, including fundraising and working bees. His sustainability efforts include implementing recycling programs and securing grants for school garden projects. Gary maintains an active presence within the school community, supporting student safety, inclusivity, and engagement.
VOLUNTEER OF THE YEAR Candice Cox Googong Public School P&C Association Candice Cox has played a central role in the establishment and development of Googong Public School. As P&C President since September 2022, she has led the formation of governance initiatives, policy development, and operational improvements for the newly formed P&C Association. Her advocacy efforts have also contributed to securing funding and approvals for Googong High School, which is scheduled to open in 2027. Candice manages stakeholder relationships with government representatives, engages with local council and law enforcement on school-related concerns, leads several sub-committees and oversees the P&C’s canteen.
VOLUNTEER OF THE YEAR
PRINCIPAL OF THE YEAR
Rebekkah Hagstrom Bardia Public School P&C Association
Kathy Melky Cammeraygal High School
Rebekkah has been a driving force in the creation and growth of Bardia Public School P&C Association since its formation in 2021. She has served in multiple roles and has made a significant impact in volunteer recruitment, communications channels, event and project management, and fundraising and sponsorships. Under her leadership, the P&C has raised significant funds for educational resources, set up a preloved uniform stall to reduce waste and costs for families, and expanded support for Indigenous students, students with disabilities, and neurodivergent students. Rebekkah also leads cultural initiatives, including weaving and bush tucker workshops, and has contributed to school and community NAIDOC planning efforts.
Kathy Melky has developed a unified and collaborative school community, with a very close working relationship with Cammeraygal’s P&C Association, its staff, students, and parents. She has worked to foster academic excellence with strong student outcomes, including high HSC performance. Kathy has led student support initiatives, including the creation of a Girls Committee to address peer concerns, and collaborated with the P&C and local artists on school improvement projects. Her leadership has promoted inclusivity, Aboriginal cultural recognition, and student well-being programs while strengthening the school’s arts and sports offerings. She maintains strong, open and warm connections with the entire Cammeraygal community through regular meetings and proactive communication.
ASSOCIATION OF THE YEAR Murray Farm Public School P&C Association Murray Farm Public School P&C Association is a diverse group of 60 members with various backgrounds and languages. Together they share the unifying goal of making their school a better place for all. They have led significant initiatives together, including fundraising, library renovations, governance policies, and expanding on their canteen and uniform shop operations and employees. They have provided financial support for many classroom resources, excursions, and school events while maintaining strong community engagement. They have run large scale events, supported music ensembles, sports events and wider community initiatives
We received more than 40 exceptional award submissions from across NSW.
• Hunter / Central Coast 31 May • Riverina 29 Jun
• New England 30 Aug • Far West 19 Sep
• Southern Central Tablelands 20 Sept • Mid North Coast 8 Nov
100% of attendees would participate in similar events in the future Through 2024 we delivered a series of inperson Road Show events across the state, reaffirming our commitment to being present in the communities we serve. These sessions were designed to connect directly with P&C Associations, provide practical support, and strengthen relationships at the local level. Held in our electorate locations outside of metro Sydney, the Road Show events brought together P&C Association members, office bearers, school staff, and members of the P&C Federation team to discuss the issues that matter most to school communities. Each event offered a structured yet informal opportunity for attendees to ask questions, raise concerns, and access tailored advice on a wide range of topics, including - governance, fundraising compliance, running effective meetings, and navigating changes in education policy. Common areas of focus included clarifying reporting obligations, understanding insurance coverage, and improving parent engagement at the school level. Beyond information sharing, the Road Shows also played an important role in building
confidence and connection among local P&C Associations. Many attendees expressed appreciation for the chance to speak faceto-face with Federation staff, noting that the sessions helped to demystify processes and reinforce that support is available when it’s needed. The relaxed, interactive format encouraged open discussion and highlighted the diversity of challenges and successes experienced across the state. Importantly, these events were also a valuable listening exercise for the Federation. Insights gained from conversations on the ground have helped shape our advocacy priorities and improve the services we offer. By hearing directly from members in their own communities, we gained a clearer understanding of the evolving needs of P&C Associations, particularly in regional and remote areas where access to support can be limited. The 2024 Road Show series reinforced the value personal engagement and confirmed that ongoing, accessible support remains a top priority for our members.
100% would recommend the event to other P&C Associations
Attendees rated the roadshows an average of 4.7/5 stars
Journal The P&C Federation is proud to have developed a bold new look for our Journal, marking a significant moment in our organisation’s 100+ year history. In revisiting the Journal, we have honoured the legacy of generations of parents and citizens who built this Federation from the ground up, recognising its role as a platform for advocacy, storytelling and community connection. At the same time, we have listened carefully to the feedback and changing expectations of today’s members— who are busier, more digitally connected, and increasingly seeking relevant, accessible, and visually engaging content that reflects the dynamic nature of our work in public education. This redesign signals more than just a fresh aesthetic; it represents a strategic evolution. The new Journal aligns with our broader objectives to build stronger relationships with members, amplify the voices of parents and carers, and champion public education with clarity and impact. Whether viewed online or in print, the updated format delivers practical resources, compelling stories from local P&Cs, and critical policy updates in a modern, mobileresponsive layout. With this transformation, we open a new chapter in the Federation’s story— one that bridges the strength of our past with the energy and innovation of our future.
Bulletin We’re excited to launch the P&C Federation’s new Bulletin—a fresh, streamlined, and more dynamic way to keep our members informed, inspired, and connected. This evolution of our regular email updates reflects a deep understanding of how our members engage with information today: quickly, digitally, and often on the go. The new format is clean, mobile-friendly, and packed with practical content—featuring important updates, upcoming events, funding opportunities, advocacy news, and spotlights on the incredible work of P&Cs across NSW. The redesigned Bulletin is part of our broader communications strategy to deliver value and relevance in every interaction. It’s not just a newsletter—it’s a curated touchpoint with our membership, shaped by what you’ve told us matters most. By strengthening this channel, we’re supporting busy parent volunteers with clear, timely information and creating more opportunities for dialogue and visibility across our growing community. This is another step forward in modernising how we serve and represent P&Cs, and we look forward to growing it together with you.
Member Services The goal of the Member Services team is to strengthen and empower P&C Associations to be active players in their school communities. We work tirelessly to ensure our parent and citizen volunteers feel confident that they are meeting their governance requirements. Throughout the year we have assisted members in large array of matters including how to boost the number of volunteers, how to effectively run their meetings, ensuring they are operating according to appropriate governance standards, strengthening the relationship between schools and their P&C Associations, helping members work together cohesively as a
Phone INBOUND
OUTBOUND
JUN
514
139
JUL
341
79
AUG
595
152
SEP
507
117
OCT
288
78
NOV
487
132
DEC
268
65
team, identifying and applying for appropriate grants, assisting in charity registration, helping with financial management, and much more. We have also regularly attended P&C Association meetings, to give hands on assistance to P&C Associations and answer any questions members have for everybody to hear. These have been crucially important to deepening the relationship between the P&C Federation and member P&C Associations. Many of these meetings were foundation meetings, where a P&C was being established for the first time.
Federation of Parents and Citizens Associations of New South Wales ABN 37 439 975 796
Financial Statements - 31 December 2024
Federation of Parents and Citizens Associations of New South Wales Contents 31 December 2024 Statement of comprehensive income Statement of financial position Statement of changes in equity Statement of cash flows Notes to the financial statements Directors' declaration Independent auditor's report
2 3 4 5 6 14 15
1
Federation of Parents and Citizens Associations of New South Wales Statement of comprehensive income For the period ended 31 December 2024
Note
7 months ended 31 December 2024 $
12 months ended 31 May 2024 $
Revenue
4
706,991
1,067,771
Other income
5
470,271
1,146,748
(50,794) (298,570) (659,401) (22,151) (42,743) (22,779) (1,968)
(147,867) (694,397) (1,234,969) (43,518) (99,661) (60,513) (4,488)
78,856
(70,894)
-
-
78,856
(70,894)
Items that will not be reclassified subsequently to profit or loss Loss on the revaluation of land and buildings, net of tax
-
(1,063,425)
Other comprehensive income/(loss), net of tax
-
(1,063,425)
78,856
(1,134,319)
Expenses Representative expenses Administration expenses Employee benefits expense Occupancy expenses Depreciation and amortisation expense Journal expenses Other expenses
6
Surplus/(deficit) before income tax expense Income tax expense Surplus/(deficit) after income tax expense for the period Other comprehensive income
Total comprehensive income/(loss) for the period
The above statement of comprehensive income should be read in conjunction with the accompanying notes 2
Federation of Parents and Citizens Associations of New South Wales Statement of financial position As at 31 December 2024 Note
31 December 2024 $
31 May 2024 $
Assets Current assets Cash and cash equivalents Trade and other receivables Financial investments Other assets Total current assets
7 8 9 10
1,095,274 9,748 2,957,078 40,645 4,102,745
251,883 117,766 2,931,751 157,221 3,458,621
Non-current assets Property, plant and equipment Total non-current assets
11
1,805,275 1,805,275
1,836,671 1,836,671
5,908,020
5,295,292
Total assets Liabilities Current liabilities Trade and other payables Employee benefits Other liabilities Total current liabilities
12 13 14
55,093 54,492 744,774 854,359
150,411 42,228 134,661 327,300
Non-current liabilities Employee benefits Total non-current liabilities
15
20,597 20,597
13,784 13,784
874,956
341,084
Net assets
5,033,064
4,954,208
Equity Revaluation reserve Retained surplus
151,349 4,881,715
151,349 4,802,859
Total equity
5,033,064
4,954,208
Total liabilities
The above statement of financial position should be read in conjunction with the accompanying notes 3
Federation of Parents and Citizens Associations of New South Wales Statement of changes in equity For the period ended 31 December 2024 Revaluation reserve $
Retained surplus $
Total equity $
Balance at 1 June 2023
1,214,774
4,873,753
6,088,527
Deficit after income tax expense for the period Other comprehensive (loss) for the period, net of tax
(1,063,425)
(70,894) -
(70,894) (1,063,425)
Total comprehensive (loss) for the period
(1,063,425)
(70,894)
(1,134,319)
151,349
4,802,859
4,954,208
Retained surplus $
Total equity $
151,349
4,802,859
4,954,208
Surplus after income tax expense for the period Other comprehensive income for the period, net of tax
-
78,856 -
78,856 -
Total comprehensive income for the period
-
78,856
78,856
151,349
4,881,715
5,033,064
Balance at 31 May 2024
Revaluation reserve $ Balance at 1 June 2024
Balance at 31 December 2024
The above statement of changes in equity should be read in conjunction with the accompanying notes 4
Federation of Parents and Citizens Associations of New South Wales Statement of cash flows For the period ended 31 December 2024
Note
7 months ended 31 December 2024 $
12 months ended 31 May 2024 $
Cash flows from operating activities Receipts from members and customers (inclusive of GST) Receipts from government grants (inclusive of GST) Payments to suppliers and employees (inclusive of GST) Interest received Distributions received
509,368 660,000 (438,105) 5,886 76,503
1,247,780 966,132 (2,572,552) 3,377 126,356
Net cash from/(used in) operating activities
813,652
(228,907)
1,513,835 (13,120) (1,470,976) -
262,011 (79,583) 1,421
Net cash from investing activities
29,739
183,849
Net cash from financing activities
-
-
843,391 251,883
(45,058) 296,941
1,095,274
251,883
Cash flows from investing activities Proceeds from sale and redemption of investments Payments for property, plant and equipment Purchase of Investments Proceeds from disposal of property, plant and equipment
11
Net increase/(decrease) in cash and cash equivalents Cash and cash equivalents at the beginning of the financial period Cash and cash equivalents at the end of the financial period
7
The above statement of cash flows should be read in conjunction with the accompanying notes 5
Federation of Parents and Citizens Associations of New South Wales Notes to the financial statements 31 December 2024 Note 1. General information The financial statements cover Federation of Parents and Citizens Associations of New South Wales ("P&C Federation") as an individual entity. The financial statements are presented in Australian dollars, which is Federation of Parents and Citizens Associations of New South Wales' functional and presentation currency. Federation of Parents and Citizens Associations of New South Wales is a not-for-profit incorporated association, incorporated and domiciled in Australia. Its registered office and principal place of business is: L 4 55 Phillip St Parramatta NSW, 2150, Australia The financial statements were authorised for issue on Friday, 2 May 2025. The directors have the power to amend and reissue the financial statements. Note 2. Material accounting policy information The accounting policies that are material to the Federation are set out below. The accounting policies adopted are consistent with those of the previous financial year, unless otherwise stated. New or amended Accounting Standards and Interpretations adopted The Federation has adopted all of the new or amended Accounting Standards and Interpretations issued by the Australian Accounting Standards Board ('AASB') that are mandatory for the current reporting period. Any new or amended Accounting Standards or Interpretations that are not yet mandatory have not been early adopted. Basis of preparation These general purpose financial statements have been prepared in accordance with the Australian Accounting Standards Simplified Disclosures issued by the Australian Accounting Standards Board ('AASB'), the Australian Charities and Not-forprofits Commission Act 2012 and the Associations Incorporation Act 2009 and associated regulations, as appropriate for notfor profit oriented entities. Historical cost convention The financial statements have been prepared under the historical cost convention, except for, where applicable, certain classes of property, plant and equipment. Critical accounting estimates The preparation of the financial statements requires the use of certain critical accounting estimates. It also requires management to exercise its judgement in the process of applying the P&C Federation's accounting policies. The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the financial statements, are disclosed in Note 3.
6
Federation of Parents and Citizens Associations of New South Wales Notes to the financial statements 31 December 2024 Note 2. Material accounting policy information (continued) Revenue recognition Revenue comprises revenue from the affiliation fees, insurance commission, advertising, sale of goods and government grants. Revenue from major products and services is shown in Note 4. Revenue is recognised at an amount that reflects the consideration to which the Federation is expected to be entitled in exchange for transferring goods or services to a customer. For each contract with a customer, the Federation: identifies the contract with a customer; identifies the performance obligations in the contract; determines the transaction price which takes into account estimates of variable consideration and the time value of money; allocates the transaction price to the separate performance obligations on the basis of the relative stand-alone selling price of each distinct good or service to be delivered; and recognises revenue when or as each performance obligation is satisfied in a manner that depicts the transfer to the customer of the goods or services promised. Variable consideration within the transaction price, if any, reflects concessions provided to the customer such as discounts, rebates and refunds, any potential bonuses receivable from the customer and any other contingent events. Such estimates are determined using either the 'expected value' or 'most likely amount' method. The measurement of variable consideration is subject to a constraining principle whereby revenue will only be recognised to the extent that it is highly probable that a significant reversal in the amount of cumulative revenue recognised will not occur. The measurement constraint continues until the uncertainty associated with the variable consideration is subsequently resolved. Amounts received that are subject to the constraining principle are recognised as a refund liability. Revenue from affiliation income Affiliation fees are charged to clients for the services to be provided during the Federation membership year ending on 31 July each year and these fees are apportioned over the P&C Federation's financial year ending on 31 December each year. The Federation’s financial year ending on 31 December therefore contains a seven month overlap from the prior membership year, being January and July of the previous year, and five months of the current membership year, being from August of the previous year to December of the current year. The revenue apportioned to the remaining seven months of the current membership year, being January to July of the current year, have been deferred into the next Federation financial year. Sale of goods Revenue from the sale of goods is recognised at the point in time when the customer obtains control of the goods, which is generally at the time of delivery. Amounts disclosed as revenue are net of sales returns and trade discounts Journal advertising Revenue from journal advertising is recognised in the year in which the Federation meets the performance obligation, which is where an advertisement is published in the journals. Grant revenue Grant revenue is recognised in the statement of comprehensive income when the P&C Federation obtains control of the grant, it is probable that the economic benefits gained from the grant will flow to the P&C Federation and the amount of the grant can be measured reliably. If conditions are attached to the grant which must be satisfied before it is eligible to receive the contribution, the recognition of the grant as revenue will be deferred until those conditions are satisfied. Revenue from Zoom license income Zoom license fees are charged to clients for Zoom usage for the year ending on 30 June each year and these fees are apportioned over the P&C Federation's financial year ending on 31 December each year. The Federation’s financial year ending on 31 December therefore contains six months overlap from the prior Zoom license year, being June of the previous year, and six months of the current membership year, being from July of the previous year to December of the current year. The revenue apportioned to the remaining month of the current Zoom license year, being June of the current year, has been deferred into the next Federation financial year. Interest Interest revenue is recognised as interest accrues. Other revenue Other revenue is recognised when it is received or when the right to receive payment is established.
7
Federation of Parents and Citizens Associations of New South Wales Notes to the financial statements 31 December 2024 Note 2. Material accounting policy information (continued) Income tax The P&C Federation is exempt from income tax under Division 50 of the Income Tax Assessment Act 1997. Trade and other receivables Trade receivables are initially recognised at fair value and subsequently measured at amortised cost using the effective interest method, less any allowance for expected credit losses. Trade receivables are generally due for settlement within 30 days. Other receivables are recognised at amortised cost, less any allowance for expected credit losses. Investments and other financial assets Investments and other financial assets are initially measured at fair value. Transaction costs are included as part of the initial measurement, except for financial assets at fair value through profit or loss. They are subsequently measured at either amortised cost or fair value depending on their classification. Classification is determined based on the purpose of the acquisition and subsequent reclassification to other categories is restricted. Financial assets are derecognised when the rights to receive cash flows from the financial assets have expired or have been transferred and the P&C Federation has transferred substantially all the risks and rewards of ownership. Property, plant and equipment Buildings are shown at fair value, based on periodic, at least every 3 years, valuations by external independent valuers, less subsequent depreciation and impairment for buildings. The valuations are undertaken more frequently if there is a material change in the fair value relative to the carrying amount. Increases in the carrying amounts arising on revaluation of buildings are credited in other comprehensive income through to the asset revaluation reserve in equity. Any revaluation decrements are initially taken in other comprehensive income through to the asset revaluation reserve to the extent of any previous revaluation surplus of the same asset. Thereafter the decrements are taken to profit or loss. Depreciation is calculated on a straight-line basis to write off the net cost of each item of property, plant and equipment (excluding land) over their expected useful lives as follows: Plant and equipment Freehold Improvements
20% - 35% 5% - 12.5%
Note 3. Critical accounting judgements, estimates and assumptions The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the reported amounts in the financial statements. Management continually evaluates its judgements and estimates in relation to assets, liabilities, contingent liabilities, revenue and expenses. Management bases its judgements, estimates and assumptions on historical experience and on other various factors, including expectations of future events, management believes to be reasonable under the circumstances. The resulting accounting judgements and estimates will seldom equal the related actual results. The judgements, estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities (refer to the respective notes) within the next financial year are discussed below. Estimation of useful lives of assets The Federation determines the estimated useful lives and related depreciation and amortisation charges for its property, plant and equipment and finite life intangible assets. The useful lives could change significantly as a result of technical innovations or some other event. The depreciation and amortisation charge will increase where the useful lives are less than previously estimated lives, or technically obsolete or non-strategic assets that have been abandoned or sold will be written off or written down. Employee benefits provision The liability for employee benefits expected to be settled more than 12 months from the reporting date are recognised and measured at the present value of the estimated future cash flows to be made in respect of all employees at the reporting date. In determining the present value of the liability, estimates of attrition rates and pay increases through promotion and inflation have been taken into account.
8
Federation of Parents and Citizens Associations of New South Wales Notes to the financial statements 31 December 2024 Note 4. Revenue 7 months ended 31 December 2024 $
12 months ended 31 May 2024 $
Affiliation fees Insurance commission Journal advertising Conference income Sale of goods Sundry income Rental income Zoom license income
440,479 234,412 19,231 1,765 10,011 1,093
717,800 278,627 30,354 16,646 2,098 1,256 7,085 13,905
Revenue
706,991
1,067,771
7 months ended 31 December 2024 $
12 months ended 31 May 2024 $
31,007 675,984
50,354 1,017,417
706,991
1,067,771
7 months ended 31 December 2024 $
12 months ended 31 May 2024 $
Gains on revaluation of financial assets Grant - NSW Department of Education and Communities Distributions and interest received
56,541 331,341 82,389
138,713 878,302 129,733
Other income
470,271
1,146,748
7 months ended 31 December 2024 $
12 months ended 31 May 2024 $
Depreciation and amortisation Depreciation expense
42,743
99,661
Superannuation expense Superannuation contribution expense
52,064
108,295
Disaggregation of revenue The disaggregation of revenue from contracts with customers is as follows:
Timing of revenue recognition Goods transferred at a point in time Services transferred over time
Note 5. Other income
Note 6. Expenses
Surplus/(deficit) before income tax includes the following specific expenses:
9
Federation of Parents and Citizens Associations of New South Wales Notes to the financial statements 31 December 2024 Note 7. Current assets - cash and cash equivalents 31 December 2024 $ Cash at bank and on hand Cash investment reserves
31 May 2024 $
1,069,503 25,771
237,410 14,473
1,095,274
251,883
Note 8. Current assets - trade and other receivables 31 December 2024 $ Trade receivables ATO receivable
31 May 2024 $
9,748
101,750 16,016
9,748
117,766
Note 9. Current assets - financial investments 31 December 2024 $ Managed investment portfolio
2,957,078
31 May 2024 $ 2,931,751
Note 10. Current assets - other assets 31 December 2024 $ Prepayments Accrued income
10
31 May 2024 $
40,645 -
46,062 111,159
40,645
157,221
Federation of Parents and Citizens Associations of New South Wales Notes to the financial statements 31 December 2024 Note 11. Non-current assets - property, plant and equipment 31 December 2024 $
31 May 2024 $
Building - at independent valuation Less: Accumulated depreciation
1,719,575 (94,652) 1,624,923
1,719,575 (69,575) 1,650,000
Freehold improvements - at cost Less: Accumulated depreciation
258,876 (109,242) 149,634
258,876 (99,180) 159,696
Plant and equipment - at cost Less: Accumulated depreciation
58,034 (27,316) 30,718
68,451 (41,476) 26,975
1,805,275
1,836,671
The P&C Federation obtained an independent valuation at 31 May 2024. Based on the valuation, the building is valued at $1,650,000. Per management's accounting policy, valuation of the building is performed every three years, as such, the next valuation will be performed in the 2027 financial year. Reconciliations Reconciliations of the written down values at the beginning and end of the current financial period are set out below:
Buildings $
Plant and Equipment $
Freehold Improvements $
Total $
Balance at 1 June 2024 Additions Disposals Depreciation expense
1,650,000 (25,077)
26,975 13,120 (1,773) (7,604)
159,696 (10,062)
1,836,671 13,120 (1,773) (42,743)
Balance at 31 December 2024
1,624,923
30,718
149,634
1,805,275
Note 12. Current liabilities - trade and other payables 31 December 2024 $ Trade payables Other payables
31 May 2024 $
29,446 25,647
142,788 7,623
55,093
150,411
Note 13. Current liabilities - employee benefits 31 December 2024 $ Annual leave
54,492
11
31 May 2024 $ 42,228
Federation of Parents and Citizens Associations of New South Wales Notes to the financial statements 31 December 2024 Note 14. Current liabilities - Other liabilities 31 December 2024 $ Deferred revenue - Government grants Deferred revenue - Journal income Deferred revenue - Affiliation fees Deferred revenue - Zoom subscriptions
31 May 2024 $
300,000 444,774 -
10,734 122,834 1,093
744,774
134,661
Note 15. Non-current liabilities - employee benefits 31 December 2024 $ Long service leave
20,597
31 May 2024 $ 13,784
Note 16. Key management personnel disclosures Compensation The aggregate compensation made to members of key management personnel of the P&C Federation is set out below:
Aggregate compensation
7 months ended 31 December 2024 $
12 months ended 31 May 2024 $
178,771
239,206
No member of the Board receives directly or indirectly any fees, bonuses, or other remuneration as a consequence of their appointment to the Board. During the 7-month period members of the Board were reimbursed $7,258 (12 months ended 31 May 2024: $11,233) for costs incurred to carry out their duties as representatives of P&C Federation. Note 17. Remuneration of auditor
Audit services provided by William Buck Audit of the financial statements
7 months ended 31 December 2024 $
12 months ended 31 May 2024 $
17,000
17,000
Note 18. Contingent liabilities During the period ended 31 December 2024, no items requiring disclosure of a contingent liability have been identified. (2023: Nil) Note 19. Related party transactions Key management personnel Disclosures relating to key management personnel are set out in Note 16.
12
Federation of Parents and Citizens Associations of New South Wales Notes to the financial statements 31 December 2024 Note 19. Related party transactions (continued) Transactions with related parties There were no transactions with related parties during the current and previous financial reporting periods. Receivable from and payable to related parties There were no trade receivables from or trade payables to related parties at the current and previous reporting date. Loans to/from related parties There were no loans to or from related parties at the current and previous reporting date. Note 20. Events after the reporting period No matter or circumstance has arisen since 31 December 2024 that has significantly affected, or may significantly affect the Federation's operations, the results of those operations, or the Federation's state of affairs in future financial years. Note 21. Change in financial year end During the period under review, the Federation changed its financial year end from 31 May to 31 December. Consequently, the comparative reporting period includes the 12 months ended 31 May 2024, whereas the current reporting period includes the 7 months ended 31 December 2024.
13
Federation of Parents and Citizens Associations of New South Wales Directors' declaration 31 December 2024 In the directors' opinion: ●
the attached financial statements and notes comply with the Australian Accounting Standards - Simplified Disclosure Requirements and Interpretations, the Australian Charities and Not-for-profits Commission Regulations 2022 and the Parents and Citizens Associations Incorporation Act 1976 NSW;
●
the attached financial statements and notes give a true and fair view of the Federation's financial position as at 31 December 2024 and of its performance for the financial period ended on that date; and
●
there are reasonable grounds to believe that the Federation will be able to pay its debts as and when they become due and payable.
On behalf of the directors
Aresha Quaass ___________________________ President Friday, 2 May 2025
14
Independent auditor’s report to the members of Federation of Parents and Citizens Associations of New South Wales Report on the audit of the financial report Our opinion on the financial report In our opinion, the accompanying financial report of Federation of Parents and Citizens Associations of New South Wales (the Federation) has been prepared in accordance with Division 60 of the Australian Charities and Not-for-profits Commission Act 2012, including: — giving a true and fair view of the Federation’s financial position as at 31 December 2024 and of its financial performance for the period then ended; and — complying with Australian Accounting Standards – Simplified Disclosures, Division 60 of the Australian Charities and Not-for-profits Commission Regulations 2022 and the Parents and Citizens Associations Incorporation Act 1976 NSW
What was audited? We have audited the financial report of the Federation, which comprises — the statement of financial position as at 31 December 2024, — the statement of comprehensive income for the 7-month period then ended, — the statement of changes in equity for the 7-month period then ended, — the statement of cash flows for the 7-month period then ended, — notes to the financial statements, including material accounting policy information, and — the directors’ declaration.
Basis for opinion We conducted our audit in accordance with Australian 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. We are independent of the Federation in accordance with the auditor independence requirements of the Australian Charities and Not-for-profits Commission Act 2012 (ACNC Act) and the ethical requirements of the Accounting Professional and 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 report in Australia. We have also fulfilled our other ethical responsibilities in accordance with the Code.
Level 29, 66 Goulburn Street, Sydney NSW 2000 Level 7, 3 Horwood Place, Parramatta NSW 2150 1/28 National Circuit, Forrest ACT 2603
+61 2 8263 4000 +61 2 8263 4000 +61 2 6126 8500
William Buck is an association of firms, each trading under the name of William Buck across Australia and New Zealand with affiliated offices worldwide. Liability limited by a scheme approved under Professional Standards Legislation. 15
nsw.info@williambuck.com nsw.info@williambuck.com act.info@williambuck.com williambuck.com
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Other information The directors are responsible for the other information. The other information comprises the information included in the Federation’s annual report for the 7-month period ended 31 December 2024, 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. 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, 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 Federation are responsible for the preparation of the financial report that gives a true and fair view in accordance with Australian Accounting Standards – Simplified Disclosures, the Australian Charities and Not-for-profits Commission Act 2012 and the Parents and Citizens Associations Incorporation Act 1976 NSW. The directors responsibility also includes such internal control as the directors determine is necessary to enable the preparation of the financial report that gives a true and fair view and is free from material misstatement, whether due to fraud or error. In preparing the financial report, the directors are responsible for assessing the Federation’s ability 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 Federation or to cease operations, or have no realistic alternative but to do so. The directors are responsible for overseeing the Federation’s financial reporting process.
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 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 this financial report.
16
A further description of our responsibilities for the audit of the financial report is located at the Auditing and Assurance Standards Board website at: https://www.auasb.gov.au/auditors_responsibilities/ar4.pdf This description forms part of our auditor’s report.
William Buck Accountants and Advisors ABN 16 021 300 521
Dudley Belling Partner Sydney, _______________ 2 May 2025
17
Federation of Parents and Citizens Associations of New South Wales Disclaimer on the Detailed Income and Expenditure Statement for the financial period ended 31 December 2024 The additional financial data presented in the following pages, referred to as the Detailed Income and Expenditure Statement, is in accordance with the books and records of the Federation of Parents and Citizens Associations of New South Wales which have been subjected to the auditing procedures applied in our statutory audit of the Federation for the 7-month period ended 31 December 2024. It will be appreciated that our statutory audit did not cover all details of the additional financial data presented therein. The commentary in the following pages has not been subjected to audit procedures during our statutory audit of the Federation for the period ended 31 December 2024. Accordingly, we do not express an opinion on the information in the following pages and we give no warranty of accuracy or reliability in respect of the information provided. Neither the firm nor any member or employee of the firm undertakes responsibility in any way whatsoever to any person (other than the Federation of Parents and Citizens Associations of New South Wales) in respect of such information, including any errors or omissions therein however caused.
William Buck Accountant and Advisors ABN 16 021 300 521
Dudley Belling Partner Sydney, ______________ 2 May 2025
Level 29, 66 Goulburn Street, Sydney NSW 2000 Level 7, 3 Horwood Place, Parramatta NSW 2150 1/28 National Circuit, Forrest ACT 2603
+61 2 8263 4000 +61 2 8263 4000 +61 2 6126 8500
William Buck is an association of firms, each trading under the name of William Buck across Australia and New Zealand with affiliated offices worldwide. Liability limited by a scheme approved under Professional Standards Legislation. 18
nsw.info@williambuck.com nsw.info@williambuck.com act.info@williambuck.com williambuck.com
Federation of Parents and Citizens Associations of New South Wales ABN 37 439 975 796
Detailed Income and Expenditure Statement 7 months ended 31 December 2024 $
12 months ended 31 May 2024 $
Insurance commission
440,479 234,412
717,800 278,627
Journal - advertising and subscriptions
19,231
30,354
Conference income Administration and late fees Sale of goods
-
16,646
1,765
2,098
Sundry income
10,011
1,256
Rental Income Zoom License Income Revenue - Total
1,093
7,085 13,905
706,991
1,067,771
Other Income Grant - Department of Education
331,341
878,302
Distributions and interest received Gain/(Loss) on Revaluation of Investments
82,389 56,541
129,733 138,713
Other Income - Total
470,271
1,146,748
REVENUE - TOTAL
1,177,262
2,214,519
17,993 17,212
76,654 7,015
-
54,667
Member engagement
15,589 -
9,004 527
Representative expenses - Total
50,794
147,867
Administration expenses Audit fees
17,000
17,000
Election expenses Insurance - Federation
5,670 18,434
8,560 25,066
Insurance - Member P&C Associations Public Liability
126,863
204,029
Internet and website
44,439
89,361
IT consultant services Legal fees - Federation matters
8,403
27,314
18,433
11,267
5,940 8,463
29,700 87,000
1,358
9,876
213
1,373
Revenue Affiliation fees
Representative expenses Annual conference Annual general meeting Board meetings Federation representation
Legal fees - Member services Recruiting fees Membership / subscriptions Staff travel, accommodation and meal expenses
This Detailed Income and Expenditure Statement should be read in conjunction with the attached Disclaimer.
19
Office telephone Postage and PO Box
9,233
20,310
710
1,615
Professional Fees
14,882 -
52,427 16,337
Professional fees - investments Stationery
983
711
16,453
75,171
-
929
1,093
16,351
Administration expenses - Total
298,570
694,397
Employee benefits expense Wages and superannuation
643,599
1,236,609
Staff amenities / expenses / recognition
6,813 8,989
(8,053) 6,413
Employee benefits expense - Total
659,401
1,234,969
-
634
Cleaning
2,750
7,542
Council rates
1,871
3,555
926 -
5,359 2,036
60
103
649 15,895
1,022 22,753
-
514
Occupancy expenses - Total
22,151
43,518
Depreciation and amortisation expense
42,744
99,661
5,148 12,218
23,289 24,103
5,413
13,121
22,779
60,513
1,967 1,967
4,488 4,488
EXPENSES - TOTAL
1,098,406
2,285,413
Surplus / (Deficit)
78,856
(70,894)
Strategic Project Costs Technology software / hardware expenses Zoom License Costs
Long service leave expense
Occupancy expenses Building maintenance and refurbishment
Electricity Equipment maintenance and expenses Water and sewerage Waste collection / recycling Strata Levy Office expenses
Journal expenses Journal production Journal printing Journal postage Journal expenses - Total Other expenses Bank charges Other expenses - Total
This Detailed Income and Expenditure Statement should be read in conjunction with the attached Disclaimer.
20
Notes Affiliation fees - P&C member affiliation fees. Insurance commission - Commission on insurance policies purchased by P&C members. Sundry income - franking credits. Rental income - Rent received. Zoom License Income - Zoom licenses sold to Members. Annual conference - Annual conference and Awards Night for P&C associations. across NSW during 2022 and 2023, consisting of guest speakers, awards and exhibitors. Annual general meeting - Cost of holding Annual General Meeting, consisting primarily of travel and accommodation costs. Board meetings - Cost of holding Board meetings, consisting primarily of travel and accommodation costs. Federation representation - Cost of personnel representing public school parents on various committees, consisting primarily of travel and accommodation costs. Member Engagement - Primarily hire of venues for conducting parent forums. Insurance - Federation - Cost of various insurances held by the P&C Federation. Insurance - Member P&C Associations Public Liability - Cost of group public liability insurance policy obtained on behalf of all member P&C Associations. Internet and website - Cost of internet services provided to Federation and enhancement, maintenance and hosting of the Federation's website. Legal fees – Federation matters – Legal fees incurred in respect of matters related to the Federation and its internal operation. Legal fees – Member services – Legal fees incurred in providing and reviewing services and advice to member P&Cs. Professional Fees - General tax and accounting services. Professional Fees Investment Advice - Professional advice for management of P&C Federation investment portfolio. Strategic Project Costs - eLearning platform and digital transformation costs. Zoom License Costs - Cost of Zoom licenses sold to Members. Membership / subscriptions - Cost of memberships and subscriptions taken up by P&C Federation. Bank Charges - General bank account fees, and financial investment cash account fees. Postage and PO Box - Cost of general mail and locked bags for P&C Federation. Journal production - Cost of external designer of Journal. Journal printing - Cost of external printer.
This Detailed Income and Expenditure Statement should be read in conjunction with the attached Disclaimer.
21