Annual Report 2024/25

GENERAL PURPOSE (RDR) FINANCIAL REPORT FOR THE YEAR ENDED 30 JUNE 2025 24 25

Our Club Community 01 Financial Report

38 Annual Community Support

40 Our Vision, Values, Purpose and Foundation

A EXECUTIVE REPORT

Christine Butters and Scott Bennetts

s we reflect on the past financial year, we are proud to report that the Club has made significant strides in strengthening its financial position. A key highlight has been our continued success in reducing debt levels, a reflection of our financial management and commitment to long-term sustainability.

These efforts have not only improved our balance sheet but have also enhanced our capacity to invest in the Club’s future. Whether through facility upgrades, community initiatives, or member services, we are now better positioned to deliver value to our members. The Club enters the new financial year with confidence, stability, and a clear strategic vision, ensuring we remain resilient and well-prepared for the opportunities ahead.

We confirm that the operating profit for FY24/25 was $8,218,785. This was a great result under the circumstances and gave the Club an EBITDA for the year of $21,362,780 STRENGTHENING

OUR STRATEGIC VISION

As we continue to navigate the evolving landscape of our industry, the Board of Directors remains focused on futureproofing Revesby Workers’ Club and ensuring we remain a leader in community engagement, innovation, and sustainability.

To support this goal, the Board held a dedicated Strategy Day in late 2024, allowing us to reflect, plan, and strengthen our long-term vision for the Club.

As a key outcome of that session, we are pleased to announce the formation of two new Board Sub-Committees, each designed to advance strategic priorities and drive positive outcomes across our organisation:

• ESG, Risk and Community Committee

• Business and Building Committee

Each sub-committee includes representation from both the Board of Directors and the Management Team, ensuring a

collaborative, well-rounded approach to decision-making and execution. These committees will focus on critical areas such as environmental and social governance, community impact, risk management, business operations, and future development opportunities.

As we move forward, let's take a moment to reaffirm the Board’s unwavering commitment to the strategic direction and vision we have set for Revesby Workers’ Club. Together with our management team and staff, we are confident in our path forward, one that is built on integrity, innovation, and a deep commitment to our members and the broader community.

We look forward to keeping you informed as these initiatives progress and thank you for your continued support.

RWCommunity - AMPLIFIED

The Club has remained dedicated to its purpose as a community proud organisation – ensuring that every success is channelled back into initiatives that directly support and uplift our members and the broader community. The Club recognises that as the needs of the community continue to grow, the Club’s community commitment must also evolve. This means providing not only financial support, but also programs, partnerships, and opportunities that create meaningful impact in the lives of children, families, seniors, and vulnerable members of our community. This year, the Club can report a total community investment exceeding $2 million ($2,224,639) – the largest community contribution in our history over a 12-month period. This milestone reflects

not only the Club’s deep commitment to the community but also our vision for the future.

The past year has been defined by achievements that honour our legacy while building a stronger future, with a focus on providing support that extends beyond monetary contributions. Revesby Workers’ Club has taken a firm stance against domestic and family violence, implementing a dedicated Domestic, Family & Sexual Violence Action Plan to ensure a safe and supportive workplace while strengthening its ability to serve the community. This commitment is visible through initiatives such as Purple Fridays, a clubwide campaign where staff wear purple each week to stand in solidarity with survivors. Club staff have actively provided hands-on assistance, assembling escape bags for domestic violence victims and assembling essential furniture in emergency accommodation for women and children escaping violence—demonstrating tangible, practical support that directly impacts those in need.

The Club’s ongoing impact was recognised with the ClubsNSW Heart of the Community Award, highlighting the strength of our support for Biyani House and the broader community connections created through the Club’s partnership with the shelter.

Our strong financial performance ensures we remain wellpositioned to support our sub-clubs, invest in education through school subsidies and scholarships, and contribute meaningfully to charitable sponsorships, fundraising events, and local community projects. These efforts reflect our ongoing commitment to giving back to our members and the broader community.

For more than six decades, Revesby Workers’ Club has evolved alongside the needs of our members and local communities, always guided by a strong commitment to community service. In 2025, the Board took a significant step forward by extending this impact beyond the local area with the introduction of RWCommunity - AMPLIFIED.

This flexible funding initiative commits an additional 10% of the Club’s annual profits to initiatives that align with our values and promote social wellbeing both within and beyond our existing commitments. This new funding stream will allow us to deliver even greater impact where it is needed most.

FAREWELL AND THANK YOU DARYL MELHAM AM After over four decades of distinguished service, Daryl Melham AM officially announced his retirement as Club President at the Revesby Workers’ Club Group Annual General Meeting on Sunday, 27 October 2024.

Daryl’s extraordinary tenure began when he joined the Club as a member in June 1976. He was elected to the Board of Directors in 1980 and went on to serve continuously for 44 years, including 14 years as Club President from 2010 to 2024. Throughout this time, Daryl played a pivotal role in shaping the vision and growth of the Club.

His leadership has been central to numerous milestones, including major redevelopment projects, the expansion of community services, and the ongoing financial strength and governance of the organisation. Under Daryl’s leadership, the Club significantly increased its support for local charities, schools, and sporting organisations, contributing millions of dollars through the ClubGRANTS scheme and other charitable initiatives.

A passionate advocate for the local community, Daryl’s legacy extends far beyond bricks and mortar, his influence is embedded in the Club’s culture of service, inclusivity, and community care.

Revesby Workers' Club - Winners in the Heart of the Community Award.

Retired Club President Daryl Melham AM with Wally the Worker.

Left-Right: Club CEO Scott Bennetts (left) presenting Darly Melham AM with a framed key to the Club; Daryl with Club President Christine Butters.

In recognition of his exceptional contributions, the newly renovated function centre has been named ‘The Melham Function Centre’ in his honour, an enduring tribute to his leadership and dedication.

The Board, management and staff extend their heartfelt gratitude to Daryl for his unwavering commitment and service. His impact will be felt for generations to come.

NEW EVENT FACILITIES

We are proud to announce the official opening of our newly renovated Melham Function Centre, unveiled during a special celebration honouring our members who have reached impressive anniversary milestones of 50, 40, and 25 years of membership.

This momentous event marked the first to be held in the transformed space, which has undergone its most significant upgrade in over 20 years. The revitalised Function Centre now features four beautifully redesigned rooms:

• The Whitlam Theatre

• The Werriwa Room

• The Blaxland R oom

• The Banks R oom

Each room has been thoughtfully named to honour the rich history and legacy of our community and region.

We are excited to welcome members and guests into this new era of events, celebrations, and community gatherings at the Club.

Top-Bottom: Photos of the newly renovated Melham Function Centre.

WELCOME TREVOR HEASLIP AND JOHN CHOUEIFATE

Following the retirement of long-serving President Daryl Melham AM. We are pleased to confirm that Trevor Heaslip and John Choueifate have been elected to join the Board of Directors at Revesby Workers’ Club.

We warmly welcome both Trevor and John to the Board and look forward to their contributions as we continue to build on the strong foundation laid by Daryl and our dedicated leadership team.

Their diverse experience and commitment to community values will be an asset as we continue to grow and serve our members.

THANK YOU TO OUR STAFF AND MEMBERS

With so much always happening at the Club, we want to take this opportunity to extend our sincere thanks to the people who make our Club the thriving community it is today, our incredible staff and our loyal members.

Our staff continue to go above and beyond every day, living our core Values of adaptability, supportiveness, teamwork, and strength. Whether it's a major event or daily operations, their dedication and professionalism help create a warm and welcoming environment where every member feels at home.

From front-of-house to behind-the-scenes, each team member plays a vital role in upholding the standards that define our Club. Their commitment is a driving force behind our continued success, and we are incredibly proud to have such passionate and capable people representing our Club.

To our valued members thank you for your continued support, trust, and engagement. Your loyalty is the reason we exist, and it’s your presence that brings the Club to life. Whether you’ve been with us for five years or fifty, your ongoing involvement and pride in our community help us grow stronger every year.

Together with the unwavering efforts of our staff and the loyalty of our members, we look forward to a bright future.

Christine Butters President Scott Bennetts Chief Executive Officer

TOTAL AMOUNT DONATED

$2,224,639

Left-Right: Trevor Heaslip and John Choueifate.

Our Revesby Workers’ Club Group WHAT WE OFFER

Revesby Workers’ Club

Est. 1962

As one of Sydney’s premier lifestyle destinations, Revesby Workers’ Club stands out with its rich heritage and commitment to the community. Since its inception in 1962, our purpose-built venue has been dedicated to enhancing the lives of our nearly 60,000 members and the broader community.

The diverse Club facilities cater to a wide range of interests and needs:

• Restaurants and Bars; an array of dining options that cater to all tastes.

• Theatre Entertainment; showcasing a variety of live performances.

• Function Centre; purpose-built, well-equipped, versatile spaces to host events in style.

• Stylish Lounges; ideal for enjoying local entertainment or supporting your favourite team.

Additional specialised facilities and services:

• Fitness Centre; a state-of-the-art facility with specialised programs for all fitness types.

• Early Childhood Centre; an educational and nurturing environment for children.

• Retail and Medical Precinct; convenient access to essential services and retail facilities.

With its community at heart, the Club continually provides local community support to hundreds of community organisations, charities, sporting and social groups with much-needed funding through a range of programs, partnerships and schemes annually.

Club Facilities

OFFER

WHAT WE OFFER

Our Revesby Workers’ Club Group

Mooney Mooney Club

Est. 1971 l Part of Revesby Workers’ Club Group since 2004

Nestled on the picturesque shores of the Hawkesbury River, the Mooney Mooney Club offers breathtaking views across to Brooklyn and a serene waterside setting that captivates both locals and visitors.

Since joining the Revesby Workers' Club Group in 2004, Mooney Mooney Club has been a cherished retreat for nearly 10,000 members, combining the tranquility of its riverside location with a variety of inviting facilities including; expansive open-air balconies, cozy lounge area, kids playground and lawn bowls.

Its standout feature is Coastal Dining, a renowned restaurant celebrated for its exceptional cuisine. Whether you’re marking a special occasion, enjoying a mid-week meal, or simply savouring a lazy Sunday afternoon, Coastal Dining provides a delightful dining experience with a menu that reflects the fresh, vibrant flavours of the coast.

Conveniently located just a 45-minute drive from Sydney and midway between Sydney and the Central Coast, Mooney Mooney Club is the perfect spot to meet with family, friends, or for small business meetings.

OFFER

Revesby Greens

Est. 1957 l Part of Revesby Workers’ Club Group since 2009

Just a stone's throw from the main Club, Revesby Greens is a traditional bowling club that has been a beloved part of the community since 1957. As a member of the Revesby Workers' Club Group since 2009, Revesby Greens continues to offer a charming and versatile leisure destination for local bowlers, community sporting clubs, and families alike.

The Club offers great versatility with its open-plan lounge area, a spacious and flexible layout, allowing for relaxed gatherings and easy access to food and beverage services. The two distinct outdoor spaces offer beautiful views over the greens and gardens, perfect for soaking up the sun or unwinding in the fresh air. Revesby Greens flexibility makes it an ideal venue for private celebration events, including memorable games of barefoot bowls.

WHAT WE OFFER

Specialty Facilities and Services

Health Mates Fitness Centre offers a complete health and wellness experience for all ages and fitness levels. Conveniently located on the ground floor of Revesby Workers’ Club, this award-winning facility is open seven days a week and features stateof-the-art equipment in a welcoming and supportive environment.

Whether you're new to fitness or an experienced gym-goer, Health Mates has something for everyone — from one-on-one personal training to over 50 group classes each week, including Zumba, kickboxing, power yoga, and aerobics. The centre also caters to specific age groups with Just for Kids programs (for ages 5+) and Active Over 50s classes for seniors.

In addition to fitness services, members can benefit from holistic health support through onsite accredited professionals, including a dietitian and massage therapists. Health Mates is more than just a gym — it's a community-focused centre designed to support your physical, mental, and emotional wellbeing.

Tree House Early Childhood Centre’s offer a nurturing and inclusive learning environment dedicated to supporting the growth and development of children from infancy through to preschool.

With a strong focus on early education, the centre provides a play-based curriculum guided by the Early Years Learning Framework, fostering creativity, curiosity, and confidence in every child.

Experienced and caring educators work closely with families to create personalised learning experiences that reflect each child’s interests, strengths, and cultural background. The purpose-built facility features safe, engaging indoor and outdoor spaces designed to promote exploration, social interaction, and a love for learning.

Through strong community connections and a focus on holistic development, Tree House Early Childhood Centre lays a solid foundation for lifelong learning and school readiness in a warm and welcoming setting.

OFFER

Revesby Village Centre brings together the freshest food, convenient medical services, and the best in family entertainment— all in one easy-to-access location. The shopping level features a flagship Coles Supermarket, Liquorland, specialty retailers, and a café, with undercover parking for over 230 cars.

The Brett Street Medical Precinct offers comprehensive care with up to 50 specialist services, day surgery, and ancillary health providers all under one roof.

For family fun, the entertainment level includes a Zone Bowling Centre and Flip Out play centre, making it the ultimate local destination for shopping, health, and leisure in the heart of Revesby.

OUR STAFF

COMMUNITY

A REFLECTION OF OUR CORE VALUES

At the heart of our Club lies a vibrant staff community, each member embodying the values of adaptability, teamwork, support, and strength.

These values are not just words on a wall but the guiding principles that shape our daily interactions and drive our collective success.

By embracing these core values, we continue to build a cohesive and resilient team, ready to face the future with confidence and shared purpose.

Biggest Morning Tea 2024 International Men's Day

Staff farewells Glen, Troy and Brenda

The Wrench has the adaptability to accomplish all tasks essential for success.

The Cog is the continual collaboration uniting passionate individuals.

The Glove is protective, supportive, and most importantly, inclusive of all.

The Hammer gives us determination to strive for our goals through all adversities.

Neon Nights

The end of year staff party

Purple Fridays

OUR CLUB COMMUNITY

We put our people first, be a pillar in the community, and are continually responsible to ensure longevity into the future.

With its community at heart, the Club continually provides local community support to hundreds of community organisations, charities, sporting and social groups with muchneeded funding through a range of programs, partnerships and schemes annually.

STANDING AGAINST DOMESTIC FAMILY & SEXUAL VIOLENCE

The Club is a proud community-led organisation, driven by its commitment to supporting local needs. This year, Revesby Workers’ Club implemented a formal Domestic, Family and Sexual Violence (DFV) Action Plan to ensure a safe and supportive workplace while strengthening its capacity to serve the wider community.

The plan offers confidential support, clear reporting pathways, education on respectful relationships, and training for leaders to respond appropriately to disclosures, with policies regularly reviewed to prioritise safety and compliance.

In support of the Action Plan, the Club is working handin-hand with local initiatives to raise awareness, provide support, and help create a future free from Domestic, Family, and Sexual Violence.

Together in Purple: Supporting Survivors

To raise awareness, the Club launched a club-wide campaign, with staff wearing purple polo shirts every Friday to show solidarity with survivors.

Purple symbolises strength, courage, and dignity, reflecting our commitment to breaking the silence around domestic violence.

Staff Volunteering: Turning Houses into Homes

As part of our ongoing partnership with Biyani House, staff volunteered to assemble furniture and prepare essential living spaces for women and children escaping Domestic and Family Violence. Beds, dining tables, storage and baby essentials transformed empty rooms into warm, safe, and welcoming homes—providing comfort and dignity from day one.

Staff getting behind Purple Fridays.

Staff volunteering to help build furniture for Biyani House.

Club CEO Scott Bennetts with President Christine Butters at the launch of the Domestic, Family and Sexual Violence (DFV) Action Plan and the Purple Fridays initiative.

OUR PURPOSE

People Focused l Community Proud l Business Responsible

Homelessness in Australia

122 , 494

people experience homelessness on any given night (ABS Census 2021).

1in 7

people experiencing homelessness are children under 12.

Domestic Violence rose

45 %

women & children

seeking homelessness assistance cite DV as the cause (AIHW 2022–23).

Giving Hope with Escabags

Further supporting survivors, Club staff teamed up with Escabags to assemble 200 emergency escape bags for women and children in crisis. Each bag contains essential items to provide safety, dignity, and a fresh start. Escape bags are available at the Club reception—no questions asked, no explanation needed—for anyone experiencing domestic or family violence.

With domestic violence reports rising by 17.1% over the past two years—and 45% of women and children seeking homelessness services citing abuse as the cause—the Club proudly stands with the community.

These efforts reflect the Club’s commitment to breaking the cycle of violence and saying: YES to respectful relationships. NO to violence.

Domestic violence

17%

Canterbury-Bankstown LGA from 2022 - 2024 (BOSCAR 2024).

INTERNATIONAL WOMEN'S DAYCELEBRATING WOMEN, DRIVING CHANGE

Revesby Workers’ International Women’s Day Event has grown into a powerful platform for celebration and change. In its 5th year, the event filled the newly renovated Whitlam Theatre with over 300 community members, industry partners, and club representatives — uniting to honour women and raise much-needed funds for Biyani House –Revesby Women’s Shelter.

This year’s event featured three inspiring keynote speakers each shared powerful stories of resilience, leadership, and perseverance, leaving a lasting impression on all who attended.

• Sallianne Faulkner, community leader and Chair of ClubsNSW;

• Grace Rowe, motocross athlete and Stand Tall Australia ambassador;

• Frida Deguise, entrepreneur, chef, and comedian.

Revesby Workers' Club staff helping pack Escabags.

Left-Right: Keynote speakers Sallianne Faulkner, Grace Rowe, and Frida Deguise.

OUR CLUB COMMUNITY

The event achieved a record result, raising over $40,000 for Biyani House — almost double last year’s total of $24,000. These vital funds will help the shelter continue its lifechanging work, providing safety, dignity, and hope to women experiencing domestic violence and homelessness in the Canterbury-Bankstown community.

This recognition highlights the Club’s partnership with Biyani House – Revesby Women’s Shelter. Since 2021, Revesby Workers’ has provided more than $370,000 in financial and in-kind support, helping to establish and sustain the only women’s shelter in the area for women and children escaping domestic violence.

The Club’s support goes beyond funding, encompassing annual fundraising events, collaboration with neighbouring clubs, and volunteer initiatives—all aimed at creating a strong, caring network for the shelter and its residents.

Revesby Workers’ Club’s recognition stands as a proud reflection of what can be achieved when communities come together with purpose and heart.

This incredible achievement was made possible through the support of Leagues Clubs Australia, event sponsors, the Board of Directors, and the wider community. Together, we are making a tangible difference in the lives of women in need, celebrating the achievements women have made across industries and championing a more inclusive future.

AT THE HEART OF YOUR COMMUNITY

The ClubsNSW Clubs & Community Awards celebrate and recognise the vital role clubs play across New South Wales. This year, Revesby Workers’ Club was proud to be named the winner of the 2025 Heart of the Community Award, acknowledging the Club’s outstanding commitment to social impact and community support.

A LEGACY OF LEARNING: REVESBY WORKERS’ CLUB EDUCATION PROGRAMS

In 2025 School Subsidy Program

$87,000 to 28 schools

$53,500 awarded in scholarships

For over six decades, the Club has been committed to supporting education in the Canterbury-Bankstown region. This journey began in 1968 with the Revesby Workers’ Club Scholarships, assisting the dependants of members to complete secondary education and pursue tertiary

Clubs NSW CEO Rebecca Riant (centre) with Revesby Workers' Club - Winners of the Heart of the Community Award.

OUR PURPOSE

People Focused l Community Proud l Business Responsible

studies. The first eight scholarships—six secondary and two tertiaries—were awarded based on academic achievement, laying the foundation for a program that has since supported 691 students with over $280,000 in scholarships in the past decade across fields from law and medicine to engineering and the arts.

As education evolved, the Club expanded its support to two key programs: Tertiary Scholarships, which include technical colleges and universities, and direct support for local schools, providing funding to enhance resources, programs. Today, 28 schools benefit from the School Subsidy Program, while the Tertiary Scholarship Program continues to support HSC graduates. In 2025, the Club contributed $87,000 to schools and awarded $53,500 in scholarships.

These programs give students the support they need to thrive and pursue their ambitions without financial limits.

generosity of the community, the event raised an incredible $48,000 to assist Flynn and his family as they travel to the USA for Proton Beam Therapy — a treatment not yet available in Australia that offers him the best chance of recovery with the least invasive approach.

Flynn’s journey has been marked by remarkable bravery and resilience. Despite enduring multiple surgeries, extensive rounds of chemotherapy, and long hospital stays, his progress has inspired everyone around him. The success of this event reflects not only the courage of Flynn and his family but also the extraordinary generosity of the local community.

As Flynn, his parents Luke and Claudia, and little sister Frankie head to the USA in September, they do so with the strength of a community behind them. The Club is humbled to have played a small part in this journey, reinforcing our belief that when our members and their families are in need, our community stands together.

BEING BRAVE WITH FLYNN –COMMUNITY SPIRIT IN ACTION

In August 2025, Revesby Workers’ Club was proud to stand alongside long-time members, the Pfoeffer family, during one of the most difficult times in their lives. When Sue Pfoeffer sought support for their young grandson Flynn, who was diagnosed at just 19 months old with a rare and aggressive brain tumour, the Club and the wider community rallied to help.

With the support of local businesses, the community, and countless family and friends, the ‘Being Brave with Flynn’ Trivia Night was hosted at Revesby Workers’ Club. The Club waived venue costs and provided funding and prizes to maximise fundraising efforts. Thanks to the collective

CLUBGRANTS: INVESTING IN COMMUNITY CONNECTIONS

ClubGRANTS is one of Australia’s largest and most impactful grant programs, distributing over $100 million annually to support community initiatives across New South Wales. Each year, the program empowers tens of thousands of projects—from charities and sporting organisations to local not-for-profit groups—helping create stronger, more connected communities.

Recipients of the Tertiary Scholarship Program.

Left-Right: Flynn Pfoeffer receiving treatment in hospital; photos from the fundraising event held at Revesby Workers' Whitlam Theatre.

OUR CLUB COMMUNITY

In 2025, 12 local clubs across the Canterbury-Bankstown LGA collaborated with local Council to fund 142 projects across 99 organisations through the Canterbury-Bankstown Council ClubGRANTS program, investing a total of $2,778,015 to support local initiatives and residents. From this collective effort, Revesby Workers’ Club contributed $395,735 to 28 local projects, supporting everything from First Nations arts programs and disability services to community relief and essential services—benefiting children, families, seniors, and other vulnerable residents.

Beyond this, the Club invested $347,989 in broader community initiatives, providing direct support in health, welfare, education, sport, and cultural programs. It also contributed $575,184 to grassroots and member programs, and provided a further $400,600 in in-kind support, including waived venue costs and facility use. Altogether, this represents $1,675,509 invested to nurture growth, connection, and create opportunities across the local area.

SUPPORTING YOUR COMMUNITY AND BEYOND – NSW FLOOD RECOVERY

Revesby Workers’ Club contribution

Disaster Relief Australia

$25,580 supporting recovery operations + Taree Aquatic Club

$50,000 assisting rebuilding costs

In May 2025, extreme flooding devastated communities across the Mid North Coast and Hunter regions of New South Wales. The Manning River reached levels never seen in Taree, inundating hundreds of homes and businesses. Among the hardest hit was the Taree Aquatic Club —known as ‘Sailo’s’ — which sustained severe structural damage and faced an uncertain future.

Recognising the urgency of helping flood-affected communities recover, the NSW club industry quickly mobilised a state-wide response. Together, registered clubs across the state raised close to $385,000, funding the cleanup efforts of Disaster Relief Australia (DRA) and providing direct support to the Sailo’s, enabling the club to reopen its doors just two months after the disaster.

As part of this initiative, Revesby Workers’ Club proudly contributed $75,000, comprising:

• $25,000 to Disaster Relief Australia to support volunteerled recovery operations; and

• $50,000 directly to Taree Aquatic Club, to assist with urgent rebuilding costs.

Reflecting on the impact, Taree Sailo’s Secretary Manager, Peter Hemingway, shared:

When the floods came through, the inside of our Club was completely gutted and initially we held grave fears that our doors would never reopen. Unfortunately, it’s impossible to be insured for flood cover given our location, so to have clubs

OUR PURPOSE

People Focused l Community Proud l Business Responsible

across New South Wales step in and get us back on our feet is really heartening — and on behalf of the community, we say thank you.

The collective support from clubs also highlights their critical role in times of crisis. During the peak of the flood emergency, 12 of the 15 official evacuation centres were located within clubs, with staff and volunteers going above and beyond to care for displaced residents — from sourcing vital medication to assisting with the transport of vulnerable patients.

ClubsNSW CEO, Rebecca Riant, praised the industry’s response:

“Clubs are the heart of their communities, and when disaster strikes, they always step up. The donations from clubs reflect our industry’s deep commitment to not only helping communities rebuild after devastation but to rebound stronger than ever. It’s in the toughest of times that our clubs truly shine.”

For Revesby Workers’ Club, this contribution reflects the Club’s commitment, not only for our own community, but also reaching beyond our local area to stand with others in their time of greatest need.

COMMUNITY SUPPORT, AMPLIFIED

Over $350,000 in funding

With a strong tradition of community support, the Club continually evolves to serve members and the broader community. This legacy was built on the vision of founding leaders such as Brien Higgs—a foundation member who served as both Secretary Manager and Club President. Higgs was an early advocate for welfare support, writing:

In a working-class area there will always be incidences of hardship occurring caused by sickness, death or unemployment… the formation of a club was deemed to be the answer.

In line with this vision, the Board has reaffirmed its commitment to community support through the introduction of: RWCommunity – AMPLIFIED.

62 19

AMPLIFIED, developed as part of the Club’s emerging Environmental, Social and Governance (ESG) framework, directing an additional 10% of annual profits back into the community. The program provides a significant new funding stream with broader flexibility, enabling the Club to respond to areas of greatest need.

Already, AMPLIFIED has delivered over $350,000 in funding, creating meaningful impact across a wide range of community programs and initiatives, including:

OUR CLUB COMMUNITY

• Critical infrastructure support, such as funding roof repairs for the Lugano Girl Guides hall, ensuring a safe and welcoming space for future generations of young women.

• Essential services, including ongoing assistance for Georges River Life Care, which delivers food relief, counselling, and family support to some of the community’s most vulnerable members.

• Grassroots sports support, financial assistance to Brooklyn Soccer club to ensure the club can continue to operate and support the local community.

• Disaster relief, to support those impacted by the mid NSW coast floods.

SUB-CLUB SUCCESS: BUILDING TALENT, INSPIRING COMMUNITY

Revesby Workers’ Club proudly supports 27 affiliated subclubs, investing over $120,000 in 2025 to strengthen both sporting and community groups across the region. This investment reflects the Club’s commitment to nurturing local talent, providing opportunities for all ages, and encouraging participation in sport and community activities.

This investment goes beyond funding — it supports pathways for people to pursue their passions, promotes physical and mental wellbeing, and encourages inclusivity. Sub-clubs provide a safe, welcoming space for engagement across all ages and backgrounds, from children and adults to seniors and culturally diverse groups. 2025 has been a year of outstanding achievements across Revesby Workers’ sub-clubs:

• Revesby Workers’ Hockey Club celebrated international success by winning the 2025 Taiwan Masters, demonstrating the high calibre of local athletes and their dedication to the sport.

• Toastmasters celebrated its 20th anniversary with a special dinner attended by members and Club representatives, highlighting its ongoing role in developing communication and leadership skills.

• Revesby Workers’ Little Athletics Centre recorded strong participation numbers and multiple record-breaking performances, offering young athletes a supportive environment to develop skills, confidence, and a love of fitness. This year, Club Captain Scarlett McGraw was recognised as Young Volunteer of the Year by Little Athletics NSW for her outstanding contributions to the Centre.

• The Garden Club celebrated their 35th birthday providing ongoing social engagement and learning opportunities for members.

• The Revesby Workers' Swimming Club had a recordbreaking season with swimmers achieving 1 Gold, 4 Silver, and 15 Bronze medals at the NSW Senior State Age Championships. At the NSW Open Water Championships they secured 1 Gold, 2 Silver, and 1

RWCommunity – AMPLIFIED: Empowering Change, Amplifying Impact in the wider community.

OUR PURPOSE

People Focused l Community Proud l Business Responsible

Bronze, and at the Junior Metropolitan Championships earned 2 Gold, 8 Silver, and 2 Bronze—competing as the largest team in club history with 50 swimmers at Statelevel events.

Across all the Clubs sub-clubs, from netball, golf and fishing to indoor ladies bowls, members have benefited from training opportunities, upgraded equipment, and improved facilities, to build a stronger sense of community.

CLUB CHAMPIONS HEALTH, FITNESS, AND INCLUSIVITY IN LOCAL SCHOOLS

Revesby Workers' Club

Champions Health, Fitness & Inclusivity

MiniFit program

$30,000

directly supporting children with disability +

$20,000

MiniFit holiday clinics

Revesby Workers’ Club is dedicated to promoting health, fitness, and inclusivity across the local community. In 2025, the Club invested $50,000 to bring the MiniFit program to children of all abilities, encouraging active lifestyles from a young age. Running across Broderick Gillawarna and Caroline Chisholm schools, MiniFit places a strong emphasis on inclusivity. Of this investment, $30,000 directly supports children with disability, providing tailored activities that ensure full participation, while $20,000 funds MiniFit holiday clinics, giving the wider community access to structured, engaging fitness programs during school breaks.

Building on these initiatives, the Club partnered with Netball NSW to deliver the EmpowerHour program at Caroline Chisholm, Revesby Public, and Picnic Point High schools. This program combines netball activities with personal development workshops, helping students develop confidence, resilience, and key life skills in a safe and supportive environment. Through teamwork, selfreflection, and positive communication, EmpowerHour fosters connection, respect, and a sense of belonging, leaving a meaningful and lasting impact on students both on and off the court.

Top-Bottom: Sub Club appreciation day; Revesby Workers’ Hockey Club at the 2025 Taiwan Masters; Little Athletics participants; Bowling Club and the Garden Club.

Left-Right: MiniFit program in action and Netball NSW delivering the EmpowerHour program at Caroline Chisholm.

THE BOARD OF DIRECTORS

The directors present their report, together with the financial statements of Revesby Workers’ Club Ltd (the company) for the year ended 30 June 2025.

The directors of the company in office at any time during or since the end of the financial year are:

QUALIFICATIONS, EXPERIENCE AND SPECIAL RESPONSIBILITIES

C M (Christine) Butters - Registered Nurse & Midwife Life Member of Revesby Workers' Club

• President since October 2024

• Director since September 2010 (15 years)

• Liaison Director - Revesby Workers' Garden Club, Revesby Ladies Group, and Revesby Workers' Junior Athletics

• Life Member - Revesby Workers' Little Athletics Centre

• Secretary - Southern Metropolitan Zone Athletics

• Former Director - Bankstown City Aged Care 2020 - 2025

• Committee Member - Western Metropolitan Region Committee of ClubsNSW

• Chairperson of the ESG, Risk and Community Committee

• Committee Member of the Business and Building Committee

C E (Christine) Benham - F Fin (Fellow of the Financial Services Association of Australasia) Life Member of Revesby Workers' Club

• Vice President since October 2024

• Director since November 2008 (17 years)

• Over 30 years career in managing investment and corporate assets domestically and internationally

• Liaison Director - Revesby Workers’ Netball Club, Revesby Workers' Women’s Hockey, Revesby Workers' Swim Club, Bankstown Stroke Support Group and Revesby Workers’ Seniors Golf

• Chair Bill Bullard Charity Committee and Welfare Coordinator

• Life member Revesby Workers’ Cricket Club and Bankstown District Cricket Association

• Secretary - Revesby Workers' Cricket Club

• Director - Bankstown District Cricket Association

• Former Committee Member Peter "Bullfrog" Moore Memorial Sports Foundation

• Community Representative School Council - Caroline Chisholm Public School

• Bankstown City Council Citizen of the Year 2009

• Committee member of the ESG, Risk and Community Committee

Christine Butters President

Christine Benham Vice President

THE BOARD OF DIRECTORS

(CONTINUED)

David Raper Director

QUALIFICATIONS, EXPERIENCE AND SPECIAL RESPONSIBILITIES

D (David) Raper – Master of Business and Technology UNSW

• Director since October 2022 (3 years)

• Employed with a NSW Government Agency undertaking Project Management

• Previously worked as a Customs Officer, Production Planner, Employment Consultant and Policy Development Officer

• Liaison Director for Ladies Indoor Bowls, Revesby Workers’ Bowling Club, Revesby Workers’ Billiards and Snooker Club, Revesby Workers’ Darts Club and Revesby Workers’ Spearfishing Club

• Member of Revesby Workers’ Club for 36 years

• Previously Vice President of Revesby Workers’ Men’s Bowling Club

• Represented Revesby Workers’ Club in both cricket and snooker

• Committee Member of Business and Building Committee

• Committee Member of ESG, Risk and Community Committee

L (Linda) Downey – B Ec, Dip Ed, Grad Dip Labour Relations and the Law Life Member of Revesby Workers’ Club

• Director since October 2022 (3 years)

• Local teacher/careers adviser employed by the Department of Education for over 30 years

• Liaison Director for Light on the Hill Society, Revesby Workers’ Toastmasters/Gavel Club, Australian Native Orchid Club, and Writers Club

Linda Downey Director

Daniel Kurtz Director

• Councillor Bankstown City Council (2008 –2015)

• Mayor of Bankstown (2014-2015)

• Councillor of Canterbury Bankstown City Council (2017 – 2024)

• Deputy Mayor Canterbury Bankstown City Council (2021)

• Life Member NSW ALP

• Women in Local Government (Metropolitan) of the year in 2024

• Chairperson of the Light on the Hill Society

• Chairperson of RWC Education Committee

• Committee Member of ESG, Risk and Community Committee

D (Daniel) Kurtz - Licensed Automotive Light Vehicle Motor Mechanic, Cert. in Business Management and Turf Management

• Director since October 2023 (2 years)

• Vice President Revesby Workers' Football Club (2017 – 2019)

• President of Revesby Workers' Football Club (2019 – present)

• Director of Bankstown District Football Associated (2022 – present)

• Liaison Director for Revesby Workers Football, Revesby Workers' Touch Football and Revesby Workers' Senior Athletics

• Chairperson of the Business and Building Committee

Directors’ Report (continued)

THE BOARD OF DIRECTORS

(CONTINUED)

QUALIFICATIONS, EXPERIENCE AND SPECIAL RESPONSIBILITIES

T (Trevor) Heaslip - Graduate Diploma in Crime Prevention, Certificate IV in Security Risk Management, Advanced Certificate in Safety & Crowd Management, Advanced Certificate Crime Prevention Through Environmental Design (CPTED), RSA

• Director since October 2024

• Liaison Director - Revesby Workers' Cricket, Revesby Workers' Fishing and Revesby Workers' Men’s Golf

• Recipient of Queens Commendation for Brave Conduct, Royal Humane Society Bravery Medal, National Medal, NSW Police Commissioners Commendation and Police Service Medals

• NSW Police Force: Retired Sergeant of Police (23 years). Extensive Community based Policing. Crime prevention, school and ethnic liaison, alcohol and crime management, General Duties

J (John) Choueifate

• Director since October 2024

• Liaison Director for Mooney Mooney Bowls Club, Mooney Mooney Fishing Club and Marine Rescue

• Member - Mooney Mooney Club Advisory Committee

• Involved in the Australian media for more than 40 years and held executive roles at the Seven, Nine and Ten Networks

• Appointed by NSW Premier Morris Iemma as Head of Government Strategy and Communication in 2008

• Established a crisis communications and strategy consultancy business in 2007

D (Daryl) Melham, (AM) - B. Ec., LL.B. (Syd) Life Member of Revesby Workers' Club

• Director from September 1980 to October 2024 (45 years)

• President from September 2010 until October 2024 (14 years)

• Vice President from December 1982 to September 2010 (28 years)

• The Royal Botanic Gardens and Domain Trust (17 years). Chief Warden, Master Security Licence holder, Advanced Liquor Licence holder, Manager Ranger Services, public safety, risk, event and traffic management

• Life Member of Revesby Workers’ Cricket Club, current President with over 52 years as player, coach and Executive

• School P&C President 7 years

• Committee Member of Business and Building Committee

• Currently works in the Local Government sector as a strategic policy adviser

• Served on the Children’s Hospital board at Westmead for several years

• Recently appointed Chairman of the Professional Rugby League Match Officials and represents their best interests

• Life-time member of the ALP and is a member of the “Light on The Hill” committee

• Committee Member of Business and Building Committee

• Committee Member of Education Committee

• Formerly Federal Member of Parliament for the Seat of Banks (for 23 years)

• Member in the General Division of the Order of Australia (AM)

John Choueifate Director

Daryl Melham AM President (retired)

Trevor Heaslip Director

Directors’ Report (continued)

COMPANY SECRETARY

Mr S A (Scott) Bennetts was appointed to the position of Company secretary on 2 March 2020.

DIRECTORS’ MEETINGS

The number of meetings of the company’s Board of Directors (the Board) and of each board committee held during the year ended 30 June 2025, and the number of meetings attended by each director were:

In addition to the Board meetings listed above all Board members attend various Committee meetings as required.

MEMBERSHIP

The company is a company limited by guarantee and is without share capital. The number of members as at 30 June 2025 and the comparison with last year is as follows:

MEMBERS' LIMITED LIABILITY

In the event the Club was ever to be wound up, the Constitution under paragraph 15 states that: Every member of the Club undertakes to contribute to the assets of the Club in the event of the same being wound up during the time that he is a member or within one year afterwards for payment of the debts and liabilities of the Club contracted before the time at which he ceases to be a member and of the costs charges and expenses of winding up the Club and for the adjustment of the rights of the contributories amongst themselves such amount as may be required not exceeding two dollars.

Directors’ Report (continued)

OPERATING RESULT

The profit after tax of the company for the year ended 30 June 2025 was $8,218,785 (2024: $6,946,801).

The table below shows a reconciliation of earnings before interest, income tax, depreciation, amortisation and impairment losses. This is referred to as EBITDA.

Less: Income tax expense/(credit) - -

PRINCIPAL ACTIVITIES

The principal activities of the Club during the course of the financial year comprised of the operations and promotion of a licensed club for Club members and applying the income of the Club towards supporting community, philanthropic, sporting activities as well as the maintenance and enhancement of the Club's facilities. These activities assist the Club in meeting its main financial objective by creating a viable, healthy and profitable environment that allows for reinvestment into income producing assets.

There were no significant changes in the nature of the activities of the company during the year.

OBJECTIVES AND STRATEGIES FOR ACHIEVING THE OBJECTIVES

The Club’s short-term and long-term objective is to ensure its viability and growth in the current and future economical and environmental climate it faces so that it can maintain its support of the community.

The strategic plan is underpinned by a detailed review of the Club's Strengths, Weakness, Opportunities and Threats ("SWOT"). In response to the SWOT analysis, four primary objectives are set that enable the Club to optimise strengths and possible opportunities whilst addressing identified weaknesses and minimising potential threats. The objectives provide a five year view towards progressive growth of the business aimed at optimising the existing Club's assets, capturing new products and services and working towards sustainable diversification. The corresponding strategies provide the specific direction required to achieve these objectives.

The strategic plan is to monitor performance in all key areas and determine if any corrective action has to be taken to rectify negative trends. By examining the Club's strength, weakness, opportunities and threats (SWOT), it is able to implement measures to optimise strength and opportunities while addressing weaknesses and threats

Directors’ Report (continued)

PERFORMANCE MEASUREMENT AND KEY PERFORMANCE INDICATORS

Financial performance is measured by:

• Comparison of actual results against budget;

• Monitoring key performance indicators (KPIs) in various areas including wage costs and gross profit margins;

• Monitoring cashflows; and

• Calculating and comparing EBITDA performance.

SIGNIFICANT CHANGES IN THE STATE OF AFFAIRS

On 3rd of February 2025, the Club acquired the assets and liabilities of a new subsidiary for the total consideration transferred of $1,575,000. This is a hospitality business that operates within the restaurant industry. During the year a newly incorporated entity was also brought into the group, being RWC Hospitality Pty Ltd which is a wholly owned subsidiary of Revesby Workers’ Club Ltd. As a result, the club now operates as a group rather than a single entity.

There were no other significant changes in the state of affairs of the consolidated entity during the financial year.

EVENTS SUBSEQUENT TO REPORTING DATE

There are no matters or circumstances that have arisen since the end of the financial year that have significantly affected or may significantly affect the operations of the company, the results of those operations or the state of affairs of the company in future financial years.

AUDITOR’S INDEPENDENCE DECLARATION

A copy of the auditor’s independence declaration as required under Section 307C of the Corporations Act 2001 is set out on page 7.

Signed in accordance with a resolution of the directors.

Dated at Revesby this 12th day of September 2025.

Christine Benham Director

Tel: +61 2 9251 4100

Fax: +61 2 9240 9821

DECLARATION

OF INDEPENDENCE BY CLAYTON EVELEIGH TO THE DIRECTORS OF REVESBY WORKERS’ CLUB LTD

As lead auditor of Revesby Workers’ Club Ltd for the year ended 30 June 2025, I declare that, to the best of my knowledge and belief, there have been:

1. No contraventions of the auditor independence requirements of the Corporations Act 2001 in relation to the audit; and

2. No contraventions of any applicable code of professional conduct in relation to the audit.

This declaration is in respect of Revesby Workers’ Club Ltd and the entities it controlled during the period.

Clayton Eveleigh Director

BDO Audit Pty Ltd

Sydney, 12 September 2025.

INDEPENDENT AUDITOR'S REPORT

To the members of Revesby Workers’ Club Ltd

REPORT ON THE AUDIT OF THE FINANCIAL REPORT

Opinion

We have audited the financial report of Revesby Workers Club Ltd (the Company) and its subsidiaries (the Group), which comprises the consolidated statement of financial position as at 30 June 2025, the consolidated statement of profit or loss and other comprehensive income, the consolidated statement of changes in members’ funds and the consolidated statement of cash flows for the year then ended, and notes to the financial report, including material accounting policy information, the consolidated entity disclosure statement and the directors’ declaration.

In our opinion the accompanying financial report of Revesby Workers’ Club Ltd, is in accordance with the Corporations Act 2001, including:

(i) Giving a true and fair view of the Group’s financial position as at 30 June 2025 and of its financial performance for the year ended on that date; and

(ii) Complying with Australian Accounting Standards – Simplified Disclosures and the Corporations Regulations 2001

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 Group in accordance with the Corporations Act 2001 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.

We confirm that the independence declaration required by the Corporations Act 2001, which has been given to the directors of the Company, would be in the same terms if given to the directors as at the time of this auditor’s report.

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 obtained at the date of this auditor’s report is information included in the directors’ report, 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.

Tel: +61 2 9251 4100

Fax: +61 2 9240 9821

www.bdo.com.au

In connection with our audit of the financial report, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial report or our knowledge obtained in the audit, or otherwise appears to be materially misstated.

If, based on the work we have performed on the other information obtained prior to the date of this auditor’s report, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Responsibilities of the directors for the Financial Report

The directors of the Company are responsible for the preparation of:

a) the financial report that gives a true and fair view in accordance with Australian Accounting Standards – Simplified Disclosures and the Corporations Act 2001 and

b) the consolidated entity disclosure statement that is true and correct in accordance with the Corporations Act 2001, and for such internal control as the directors determine is necessary to enable the preparation of:

i) the financial report that gives a true and fair view and is free from material misstatement, whether due to fraud or error; and

ii) the consolidated entity disclosure statement that is true and correct and is free of misstatement, whether due to fraud or error.

In preparing the financial report, the directors are responsible for assessing the ability of the group 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 Group or to cease operations, or has no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the Financial Report

Our objectives are to obtain reasonable assurance about whether the financial report as a whole is free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with the Australian Auditing Standards will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of this financial report.

A further description of our responsibilities for the audit of the financial report at the Auditing and Assurance Standards Board website (http://www.auasb.gov.au/Home.aspx) at: https://www.auasb.gov.au/media/apzlwn0y/ar3_2024.pdf

This description forms part of our auditor’s report.

BDO Audit Pty Ltd

Clayton Eveleigh Director

Sydney, 12 September 2025

Directors' Declaration

The directors of the company declare that:

(a) In the directors’ opinion the financial report and notes set out on pages 11 to 35, are in accordance with the Corporations Act 2001, including:

(i) Giving a true and fair view of the company’s financial position as at 30 June 2025 and of its performance, for the financial year ended on that date; and

(ii) Complying with Australian Accounting Standards – Simplified Disclosures, the Corporations Regulations 2001 and other mandatory professional reporting requirements.

(b) There are reasonable grounds to believe that the company will be able to pay its debts as and when they become due and payable.

(c) The information disclosed in the attached consolidated entity disclosure statement set out on page 36 is true and correct.

Signed in accordance with a resolution of the directors made pursuant to section 295 (5)(a) of the Corporations Act 2001

Dated at Revesby this 12th day of September 2025.

Christine Benham Director

Consolidated Statement of Profit or Loss and Other Comprehensive Income

The Consolidated Statement of Profit or Loss and Other Comprehensive Income should be read in conjunction with the accompanying notes set out on pages 15 to 34.

Consolidated Statement of Financial Position

The Consolidated Statement of Financial Position should be read in conjunction with the accompanying notes set out on pages 15 to 34.

Consolidated Statement of Changes in Members’ Funds

For the year ended 30 June 2025

Balance at 30 June 2025 124,772,413124,772,413

The Consolidated Statement of Changes in Members’ Funds should be read in conjunction with the accompanying notes set out on pages 15 to 34.

Consolidated Statement of Cash Flows

For the year ended 30 June 2025

Cash Flows from Operating Activities

Flows from Investing Activities

Cash Flows from Financing activities Repayment

The Consolidated Statement of Cash Flows should be read in conjunction with the accompanying notes set out on pages 15 to 34.

Notes to the Consolidated Financial Statements

For the year ended 30 June 2025

BASIS OF PREPARATION

Revesby Workers’ Club Ltd is a company limited by guarantee, incorporated and domiciled in Australia and is a not-for-profit entity for the purposes of preparing the consolidated financial statements. The financial statements are for the Group consisting of Revesby Workers’ Club limited and its controlled entities. The financial statements were approved for issue by the Directors on 9 September 2025.

The financial statements are general purposes financial statements which:

• Have been prepared in accordance with the requirements of the Corporations Act 2001 and Australian Accounting Standards – Simplified Disclosures of the Australian Accounting Standards Board (‘AASB’);

• Have been prepared under the historical cost convention;

• Are presented in Australian dollars; and

• Where necessary comparative information has been restated to conform with changes in presentation in the current year; and

• Have been prepared on a going concern basis.

Principles of consolidation

The Group’s financial statements consolidate those of the parent company and all its controlled entities at the end of the reporting period. Controlled entities are all entities which the Revesby Workers’ Club Ltd has the power to govern the financial and operating policies so as to obtain benefits from its activities. All related entities have a reporting date of 30 June. In preparing the consolidated financial statements, all intragroup balances and transactions between entities in the Group have been eliminated in full on consolidation.

New or amended Accounting Standards and Interpretations adopted

The Company has adopted all new or amended Accounting Standards and Interpretations issued by the 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.

Critical Accounting Judgements, Estimates and Assumptions

In the process of applying the company’s accounting policies, management has made a number of judgements and applied estimates of future events. Judgements and estimates that are material to the financial statements are detailed further in the following notes:

Taxation

Note 3

Allowance for expected credit losses Note 5

Estimation of useful lives of assets

Note 6 & 7

Impairment of non-financial assets Note 6 & 7

Recoverability of intangible assets Note 8

Estimated goodwill impairment Note 8

Notes to the Consolidated Financial Statements (continued)

For the year ended 30 June 2025

1. REVENUE

Recognition and Measurement

Revenues are recognised at fair value of the consideration received or receivable net of the amount of goods and services tax (GST) payable to the taxation authority. Transfer of goods or services of the same nature and value without any cash consideration are not recognised as revenues.

Notes to the Consolidated Financial Statements (continued)

For the year ended 30 June 2025

1. REVENUE (continued)

Sale of Goods

Revenue from the sale of goods comprises of revenue earned from the provision of food, beverage and other goods and is recognised (net of rebates, returns, discounts and other allowances) at a point in time when the performance obligation is satisfied, that is, on delivery of goods to the customer.

Rendering of Services

Revenue from rendering services comprises revenue from gaming facilities together with other services to members and other patrons of the club and is recognised at a point in time when the services are provided.

Rental Income

Rental income from investment properties is accounted for on a straight-line basis over the lease term. Contingent rental income is recognised as income in the periods in which it is earned. Lease incentives granted are recognised as an integral part of the total rental income.

Other Income

Sale of Property, Plant and Equipment

The gain or loss on disposal of property, plant and equipment is calculated as the difference between the carrying amount of the asset at the time of disposal and the net proceeds on disposal (including incidental costs) and is recognised as other income at the date control of the asset passes to the buyer.

Interest Revenue

Interest revenue is recognised using the effective interest rate method, which, for floating rate financial assets is the rate inherent in the instrument.

2. EXPENSES

Profit before income tax includes the following specific expenses:

Notes to the Consolidated Financial Statements (continued)

For the year ended 30 June 2025

2. EXPENSES (continued)

payments included as part of other operating expenses

Recognition and Measurement

Finance costs

Finance costs include interest, premiums relating to borrowings, amortisation of ancillary costs incurred in connection with arrangement of borrowings and lease finance charges.

Notes to the Consolidated Financial Statements (continued)

For the year ended 30 June 2025

3. INCOME TAX EXPENSE

The major components of income tax expense for the years ended June 2025 and 2024 are:

Current income tax expense

Income tax expense reported in the statement of profit or loss - -

Reconciliation of tax expense and the accounting profit multiplied by Australia’s domestic tax rate for 2025 and 2024:

The Income Tax Assessment Act, 1997 (amended) provides that under the concept of mutuality clubs are only liable for income tax on income derived from non-members and from outside entities.

Club's statutory income tax rate of 30% (2024: 30%)

Aggregate income tax expense/(benefit) - -

Recognised deferred tax assets and liabilities

Deferred tax at 30 June relates to the following:

(i) Deferred tax liabilities

Notes to the Consolidated Financial Statements (continued)

3. INCOME TAX EXPENSE (continued)

Deferred tax charge

Recognition and Measurement

The income tax expense or benefit for the period is the tax payable on that period’s taxable income based on the applicable income tax rate, adjusted by changes in deferred tax assets and liabilities attributable to temporary differences, unused tax losses and the adjustment recognised for prior periods, where applicable.

Deferred tax assets and liabilities are recognised for temporary differences at the tax rates expected to apply when the assets are recovered or liabilities settled, based on those tax rates that are enacted or substantively enacted. Deferred tax assets are recognised for deductible temporary differences and unused tax losses only if it is probable that future taxable amounts will be available to utilise those temporary differences and losses.

The carrying amount of recognised and unrecognised deferred tax assets are reviewed each reporting date. Deferred tax assets recognised are reduced to the extent that it is no longer probable that future taxable profits will be available for the carrying amount to be recovered. Previously unrecognised deferred tax assets are recognised to the extent that it is probable that there are future taxable profits available to recover the asset.

Key Estimate and Judgement: Taxation

The Club's accounting policy for taxation requires management's judgement as to the types of arrangements considered to be a tax on income in contrast to an operating cost. Judgement is also required in assessing whether deferred tax assets and certain deferred tax liabilities are recognised on the statement of financial position. Deferred tax assets, including those arising from temporary differences and tax losses are recognised only where it is considered more likely than not that they will be recovered, which is dependent on the generation of sufficient future taxable profits.

Assumptions about the generation of future taxable profits depend on management's estimates of future cash flows. These depend on estimates of future business expectations, operating costs capital expenditure and other capital management transactions. Judgements are also required about the application of income tax legislation. These judgements and assumptions are subject to risk and uncertainty, hence there is a possibility that changes in circumstances will alter expectations, which may impact the amount of deferred tax assets and deferred tax liabilities recognised on the statement of financial position and the amount of other tax losses and temporary differences not yet recognised. In such circumstances, some or all of the carrying amounts of recognised deferred tax assets and liabilities may require adjustment, resulting in a corresponding credit or charge to the statement of profit or loss and other comprehensive income.

Notes to the Consolidated Financial Statements (continued)

For the year ended 30 June 2025

3. INCOME TAX EXPENSE (continued)

Mutuality Principle

The company calculates its income in accordance with the mutuality principle which excludes from income, any amounts of subscriptions and contributions from members, and payments received from members for particular services provided by the club or association, eg. poker machines, bar and dining room service in the case of social clubs. The Commissioner of Taxation accepts this method of calculating income as appropriate for recognised clubs and associations.

Amendments to the Income Tax Assessment Act 1997 ensure social clubs continue not to be taxed on receipts from contributions and payments received from members.

4. CASH AND CASH EQUIVALENTS

Reconciliation of Cash

Cash as at the end of the financial year as shown in the Statement of Cash Flows is reconciled to the related items in the Statement of Financial Position as follows:

Recognition and Measurement

Cash and cash equivalents includes cash on hand, deposits held at call with financial institutions, other short-term, highly liquid investments with original maturities of three months or less that are readily convertible to known amounts of cash and which are subject to an insignificant risk of changes in value.

5. TRADE AND OTHER RECEIVABLES

Notes to the Consolidated Financial Statements (continued)

For the year ended 30 June 2025

5. TRADE AND OTHER RECEIVABLES (continued)

Recognition and Measurement

Trade and other receivables represent the principal amounts due at balance date plus accrued interest and less, where applicable, any unearned income and impairment allowance. Trade receivables are due for settlement no more than 30 days from the date of recognition.

In accordance with AASB 9 an 'expected credit loss' ('ECL') model is used to recognise an impairment allowance. Impairment is measured using a 12-month ECL method unless the credit risk on a financial asset has increased significantly since initial recognition in which case the lifetime ECL method is adopted. The expected credit loss estimated by management using the simplified approach is $Nil (2023: $Nil).

6. PROPERTY, PLANT AND EQUIPMENT

Land and buildings

2025 2024 $ $

At cost 109,873,265 101,138,993

Accumulated depreciation (38,793,097) (35,562,081) 71,080,168 65,576,912

Plant and equipment

At cost 72,841,156 62,226,874

Accumulated depreciation (44,843,531) (39,126,106) 27,997,625 23,100,768

Work in progress At cost 1,496,452 9,335,862 Total property, plant and equipment 100,574,245 98,013,542

Notes to the Consolidated Financial Statements (continued)

6. PROPERTY, PLANT AND EQUIPMENT (continued)

Reconciliations

Movements in carrying amounts

Movements in the carrying amounts for investment properties between the beginning and the end of the current financial year are set out below: 2025 2024 $ $

Land and buildings

Carrying amount at beginning of year 65,576,912 68,982,487

Additions - 22,900

Disposals - (271,804)

Transfers to investment properties - (260,189)

Transfers from work-in-progress 8,734,272 -

expense (3,231,016) (2,896,482) Carrying amount at end of year 71,080,168 65,576,912

Plant and equipment

Carrying amount at beginning of year 23,100,768 24,428,243 Additions 10,597,649 3,987,100

Disposals (2,714) -

Transfers to investment properties - (43,575) Transfers from work-in-progress 19,347 8,650

expense (5,717,425) (5,279,650)

amount at end of year 27,997,625 23,100,768

Work in progress

Carrying amount at beginning of year 9,335,862 312,473 Additions 932,399 9,032,039

Transfers (8,753,619) (8,650)

Expensed (18,190)Carrying amount at end of year 1,496,452 9,335,862

(a)

Leases

The carrying value of plant and machinery held under leases and hire purchase contracts at 30 June 2025 was $nil (2024: $903,946). Additions during the year include $nil (2024: $nil) of plant and machinery under leases and hire purchase contracts. Leased assets and assets under hire purchase contracts are pledged as security for the related finance lease and hire purchase liabilities.

(b) Valuation of land and buildings

Land and buildings and investment properties were independently valued by Jeff Millar, AAPI Certified Practising Valuer and Registered Valuer No. 67391 (NSW) of Howden Insurance Brokers (Australia) Pty Ltd on the basis of open market value at 30 June 2025. The valuations for land, buildings and site improvements were a total of $282,850,000. Since the valuation, no significant capital works and improvements have been undertaken. As land and buildings are recorded on a historical cost basis, the valuation has not been brought to account.

Notes to the Consolidated Financial Statements (continued)

6. PROPERTY, PLANT AND EQUIPMENT (continued)

(c) Core and non-core land

With reference to section 41J of the Registered Clubs Act as amended by the Registered Clubs Amendment Act 2006, the properties owned or occupied by the Revesby Workers' Club Ltd, as at 30 June 2025 are as follows:

Non-core properties:

• 22 Revesby Place, Revesby (Retail Shop)

• 20 Revesby Place, Revesby (Retail Shop)

• 20 Blamey Street, Revesby

• 30 Blamey Street, Revesby

• Par t Blamey Street, Revesby (Lot 101 in DP 1153796)

• 2-4 Brett Street, Revesby (The Tree House Childcare Centre)

• 5 Brett Street, Revesby

• 6 Brett Street, Revesby

• 8 Brett Street, Revesby

• 10 Brett Street, Revesby

• 12 Brett Street, Revesby

• 16 Brett Street, Revesby (The Tree House 2 Childcare Centre)

• 18 Brett Street, Revesby

• 25 Brett Street, Revesby

• 70 Uranus Road, Revesby

• 74 Uranus Road, Revesby

• 76 Uranus Road, Revesby

• 78 Uranus Road, Revesby

• 7 Jamieson Street, Revesby

• 1-3 Macarthur Avenue, Revesby

• 2 Macarthur Avenue, Revesby

• 5 Kowan Street, Mooney Mooney

• Parcel of Land Brett St Revesby (Lot 36 in DP 35692)

The above properties are owned by the Revesby Workers' Club Ltd and have been purchased by the Club as non-core properties and not for the licensed premises of the Club.

Core properties:

• 2B Brett Street, Revesby (Revesby Workers' Club licensed premises and car park)

• 60 McGirr St, Padstow (Revesby Greens licensed premises)

The above properties are owned or occupied by the Club and are the defined (licensed) premises of the Club.

Recognition and Measurement

All property, plant and equipment is stated at historical cost less depreciation and accumulated impairment losses. Historical cost includes expenditure that is directly attributable to the acquisition of the items. Subsequent costs are included in the asset’s carrying amount or recognised as a separate asset, as appropriate, only when it is probable that future economic benefits associated with the item will flow to the company and the cost of the item can be measured reliably. All other repairs and maintenance are charged to the profit or loss during the financial period in which they are incurred.

The depreciable amount of all fixed assets including buildings and capitalised lease assets, but excluding freehold land, is depreciated using the straight line method to allocate their cost or revalued amounts, net of their residual values, over their estimated useful lives, as follows:

Notes to the Consolidated Financial Statements (continued)

6. PROPERTY, PLANT AND EQUIPMENT (continued)

Asset Useful lives

Land Not depreciated

Buildings

Plant and equipment

Over 40 years

Over 1 to 30 years

The assets’ residual values and useful lives are reviewed, and adjusted if appropriate, at the end of each reporting period. An asset’s carrying amount is written down immediately to its recoverable amount if the asset’s carrying amount is greater than its estimated recoverable amount.

Key Estimate and Judgements:

Useful lives of assets

The company 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.

Impairment of assets

At each reporting date, the Club reviews its tangible assets to determine whether there is any indication that those assets have been impaired. If such an indication exists, the recoverable amount of the asset, being the higher of the asset’s fair value less cost to sell and value in use is compared to the assets carrying value. Any excess of the assets carrying value over its recoverable amount is expensed to the statement of profit or loss and other comprehensive income.

Operating lease commitments – Club as lessor

The Club has entered into commercial property leases on its investment property portfolio. The Club has determined, based on an evaluation of the terms and conditions of the arrangements, such as the lease term not constituting a substantial portion of the economic life of the commercial property, that it retains all the significant risks and rewards of ownership of these properties and accounts for the contracts as operating leases.

7. INVESTMENT PROPERTIES

Revesby Village Centre

Reconciliations

Revesby Village Centre

(2,373,738) (2,419,215) Carrying amount at end of year

Notes to the Consolidated Financial Statements (continued)

7. INVESTMENT PROPERTIES (continued)

(a) Valuation of investment properties

Land and buildings and investment properties were independently valued by Jeff Millar, AAPI Certified Practising Valuer and Registered Valuer No. 67391 (NSW) of Howden Insurance Brokers (Australia) Pty Ltd on the basis of open market value at 30 June 2025. The valuations for land, buildings and site improvements were a total of $282,850,000. Since the valuation, no significant capital works and improvements have been undertaken. As land and buildings are recorded on a historical cost basis, the valuation has not been brought to account.

Recognition and Measurement

Investment properties are measured at cost, net of accumulated depreciation and accumulated impairment losses, if any. The estimated useful life is 5 to 40 years. Investment properties are derecognised either when they have been disposed of or when they are permanently withdrawn from use and no future economic benefit is expected from their disposal. The difference between the net disposal proceeds and the carrying amount of the asset is recognised in statement of profit or loss and other comprehensive income in the period of derecognition. Transfers are made to (or from) investment property only when there is a change in use. For a transfer from investment property to owner-occupied property, the deemed cost for subsequent accounting is valued at cost at the date of change in use. If owner-occupied property becomes an investment property, the Club accounts for such property in accordance with the policy stated under property, plant and equipment up to the date of change in use.

Key

Estimate and Judgement: Impairment of assets

At each reporting date, the Club reviews its tangible assets to determine whether there is any indication that those assets have been impaired. If such an indication exists, the recoverable amount of the asset, being the higher of the asset’s fair value less cost to sell and value in use is compared to the assets carrying value. Any excess of the assets carrying value over its recoverable amount is expensed to the statement of profit or loss and other comprehensive income.

8. INTANGIBLE ASSETS

Recognition and Measurement

(i) Licences to occupy holiday cabins

Per the "Deeds of Licence" between Revesby Workers' Club Ltd and The Federation of Community, Sporting and Workers Club Inc, the licences are refundable in full upon their termination. The Deeds are for an indefinite period and only the Club has the option to terminate the agreements between the two parties. Accordingly, the licences are carried at cost and the Club is of the view no amortisation is necessary, however, an impairment analysis is carried out at year end.

(ii) Gaming machine license

Gaming machine licences are carried at cost less accumulated impairment losses and have been determined to have indefinite useful lives. Gaming machine licences are subject to impairment testing on an annual basis or whenever there is an indication of impairment.

Notes to the Consolidated Financial Statements (continued)

8. INTANGIBLE

ASSETS

(continued)

Recognition and Measurement (continued) (iii) Goodwill

Goodwill is initially measured at cost. After initial recognition, goodwill is measured at cost less ay accumulated impairment losses. The club tests whether goodwill has suffered any impairment on an annual basis. The recoverable amount has been measured based on value-in-use, using a discounted cash flow model. The key assumptions or the value-in-use calculation include discount rates, terminal growth rates and cash flow projections.

Key Estimate and Judgement: Recoverability of

Intangible Assets

Impairment of poker machine entitlements is recognised based on a value in use calculations and is measured at the present value of the estimated future cash inflows available to the company from the use of these licenses. In determining the present value of the cash inflows, growth rates and appropriate discount factors have been considered.

Management believes that reasonable changes in the key assumptions on which the recoverable amount of gaming division’s poker machine entitlements is based would not cause the cash-generating unit’s carrying amount to exceed its recoverable amount.

9. RIGHT-OF-USE ASSETS

(116,619)

2,724,508 -

The right-of-use assets and associated lease liabilities are related to a property lease acquired as part of the acquisition, detailed in Note 13. The remaining lease term for the lease is approximately 10 years.

Recognition and Measurement

A right-of-use asset is recognised at the commencement date of a lease. The right-of-use asset is measured at cost, which comprises the initial amount of the lease liability, adjusted for, as applicable, any lease payments made at or before the commencement date net of any lease incentives received, any initial direct costs incurred, and, except where included in the cost of inventories, an estimate of costs expected to be incurred for dismantling and removing the underlying asset, and restoring the site or asset. Right-of-use assets are depreciated on a straight-line basis over the unexpired period of the lease or the estimated useful life of the asset, whichever is the shorter. Where the Group expects to obtain ownership of the leased asset at the end of the lease term, the depreciation is over its estimated useful life. Right-of use assets are subject to impairment or adjusted for any re-measurement of lease liabilities. The Group has elected not to recognise a right-of-use asset and corresponding lease liability for short-term leases with terms of 12 months or less and leases of low-value assets. Lease payments on these assets are expensed to profit or loss as incurred.

Notes to the Consolidated Financial Statements (continued)

For the year ended 30 June 2025

10. TRADE AND OTHER PAYABLES

Recognition and Measurement

These amounts represent liabilities for goods and services provided to the company prior to the end of the financial year which are unpaid. Due to their short-term nature they are measured at amortised cost and are not discounted. The amounts are unsecured and are usually paid within 30 days of recognition.

11. INTEREST-BEARING LOANS AND BORROWINGS

Leases - Hire Purchase

The Club has leases for various items of plant and equipment with a carrying amount of $nil (2024: $903,946). The lease hire purchase contracts all expired during the current year.

For terms and conditions attached to each type of borrowing, refer to section (b) below and to Note 12 for the finance leases and hire purchase contracts.

(a) Defaults and breaches

During the current and prior years, there were no defaults or breaches on any of the borrowings.

(b) Terms and conditions

Current interest-bearing loans and borrowings

Notes to the Consolidated Financial Statements (continued)

For the year ended 30 June 2025

11. INTEREST-BEARING LOANS AND BORROWINGS (continued)

Loan from ANZ Bank

The Company has a loan facility of $45,400,000 and bears a variable interest at BBSY (for the relevant period) plus a margin of 0.95%. The bank loan is secured by registered mortgages over 25 of the Club's properties. This facility from Australia and New Zealand Banking Group Limited is repayable in equal quarterly installments of $800,000 till July 2026. The Company has made additional voluntary principal repayments during the year totaling $4,800,000 (FY24: $nil). The Company is ahead of its repayment schedule and no payments are considered due and payable in the following 12 months. The Company will renegotiate the facility prior to expiry in July 2026.

The Company’s also has the following ANZ Bank facilities available to it during the year:

- Loan facility of $45,400,000 – of which $25,000,000 has been drawn down at year end

- Asset Finance facilities of $4,000,000 – of which nil has been drawn down at year end

- Electronic Payaway facilities of $1,000,000 – of which nil has been drawn down at year end

- Overdraft facilities of $500,000 – of which nil has been drawn down at year end

- Commercial card facilities of $50,000 – of which $12,256 has been drawn down at year end

- Letters of Credit $20,000 – of which $15,000 has been drawn down at year end

(c) Assets pledged as secur ity

The carrying amounts of assets pledged as security for non-current interest bearing liabilities are:

Recognition and Measurement

Borrowings

Borrowings are initially recognised at fair value, net of transaction costs incurred. Borrowings are subsequently measured at amortised cost. Any difference between the proceeds (net of transaction costs) and the redemption amount is recognised in the profit or loss over the period of borrowings using the effective interest method. Borrowings are classified as non-current liabilities unless the company has an unconditional right to defer settlement of the liability for at least 12 months after the end of the reporting period.

Leases

A lease liability is recognised at the commencement date of a lease. The lease liability is initially recognised at the present value of the lease payments to be made over the term of the lease, discounted using the interest rate implicit in the lease or, if that rate cannot be readily determined, the Company’s incremental borrowing rate. Lease liabilities are secured over the rights to the hire purchase assets recognised in the statement of financial position which will revert to the lessor if the company defaults.

Notes to the Consolidated Financial Statements (continued)

For the year ended 30 June 2025

11. INTEREST-BEARING LOANS AND BORROWINGS (continued)

Leases (continued)

Lease liabilities are measured at amortised cost using the effective interest method. The carrying amounts are remeasured if there is a change in the following: future lease payments arising from a change in an index or a rate used; residual guarantee; lease term; certainty of a purchase option and termination penalties. When a lease liability is remeasured, an adjustment is made to the corresponding right-of use asset, or to profit or loss if the carrying amount of the right-of-use asset is fully written down.

12. EMPLOYEE BENEFITS

Non - Current

Recognition and Measurement

Wages and Salaries, Annual Leave and Sick

Leave

Liabilities for wages and salaries, including non-monetary benefits, annual leave and accumulating sick leave expected to be settled within 12 months of the reporting date are recognised in other payables with respect to employees’ services up to the reporting date and are measured at the amounts expected to be paid when the liabilities are settled. Liabilities for nonaccumulating sick leave are recognised when the leave is taken and measured at the rates paid or payable.

Long Service Leave

The provision for employee benefits relating to long service leave represents the present value of the estimated future cash outflows to be made resulting from employees’ services provided to reporting date.

The provision is calculated using expected future increases in wage and salary rates including related on-costs and expected settlement dates based on turnover history and is discounted using the market yields on national government bonds at reporting date which most closely match the terms of maturity with the expected timing of cash flows. The unwinding of the discount is treated as long service leave expense.

Superannuation Plans

Contributions

The company is under a legal obligation to contribute 11.5% of each employee’s base salary to a superannuation fund.

Notes to the Consolidated Financial Statements (continued)

For the year ended 30 June 2025

13. ACQUISITION OF SUBSIDIARY

On the 3rd of February 2025, Revesby Workers Club Ltd acquired 100% of the assets and liabilities of a privately held entity that operates within the hospitality sector for a total consideration of $1,575,000. The fair values of identifiable assets and liabilities acquired comprised of the following:

Property, plant and equipment

$510,000 Right of Use Asset

Lease Liability

Net identifiable assets

$2,841,128

($2,841,128)

$510,000

As a result of this acquisition, a total goodwill amount of $1,072,183 was recognised on the balance sheet. This goodwill is representative of expected synergies and future growth opportunities within the industry the club operates in.

14. LEASE LIABILITY

Recognition and Measurement

A lease liability is recognised at the commencement date of a lease. The lease liability is initially recognised at the present value of the lease payments to be made over the term of the lease, discounted using the interest rate implicit in the lease or, if that rate cannot be readily determined, the Group’s incremental borrowing rate. Lease liabilities are secured over the rights to the hire purchase assets recognised in the statement of financial position which will revert to the lessor if the Groups defaults.

Lease liabilities are measured at amortised cost using the effective interest method. The carrying amounts are remeasured if there is a change in the following: future lease payments arising from a change in an index or a rate used; residual guarantee; lease term; certainty of a purchase option and termination penalties. When a lease liability is remeasured, an adjustment is made to the corresponding right-of-use asset, or to profit or loss if the carrying amount of the right-of-use asset is fully written down.

Notes to the Consolidated Financial Statements (continued)

For the year ended 30 June 2025

15. COMMITMENTS AND CONTINGENCIES

(a) Commitments

Operating lease commitments - Club as lessor

The Club leases out portions of the main club and its land and buildings to third parties under operating leases. Future minimum rentals receivable under non-cancellable operating leases as at 30 June as follows:

(c) Contingencies

16. AUDITORS’ REMUNERATION

During the financial year the following fees were paid or payable for services provided by BDO, the auditor of the company:

Notes to the Consolidated Financial Statements (continued)

For the year ended 30 June 2025

17. CONTROLLED ENTITIES

The Group’s principal subsidiaries at 30 June 2025 are set out below. Unless otherwise stated, they have share capital consisting solely of ordinary shares that are held directly by the club, and the proportion of ownership interests held equals the voting rights held by the club. The country of incorporation or registration is also their principal place of business.

18. PARENT ENTITY DISCLOSURES

(a) Summary financial information

The individual financial statements for the parent entity, Revesby Workers’ Club Ltd, show the following aggregate amounts:

Statement of Financial Position

Total

Statement of changes in Member’ Funds

(b) Contingent liabilities of the parent entity

The parent entity did not have any contingent liabilities as at 30 June 2025 or 30 June 2024.

(c) Contractual liabilities of the parent entity

As at 30 June 2025, the parent entity had no contractual commitments for the acquisition of property, plant or equipment (2024: $nil).

Notes to the Consolidated Financial Statements (continued)

For the year ended 30 June 2025

19. KEY MANAGEMENT PERSONNEL DETAILS

(a) Directors

The following persons were directors of the company during the financial year:

C M (Christine) Butters

C E (Christine)Benham

D (David) Raper

L (Linda) Downey

D (Daniel) Kurtz

J (John) Choueifate (elected 27/10/2024)

T (Trevor) Heaslip (elected 27/10/2024)

D (Daryl) Melham AM (retired 27/10/2024)

The Directors' remuneration is capped at the amounts approved each year by the members at the Annual General Meeting (October 2025: $112,500; October 2024: $72,000). During the year, the Club paid a total of $102,400 (2024: $57,500) to Directors for their role as Directors of the Club.

(b) Key Management Personnel Compensation

Key management personnel, being persons having authority and responsibility for planning, directing and controlling activities of the Club, include the Directors, Chief Executive Officer (CEO), Chief Financial Officer (CFO), Chief Operating Officer (COO) and Chief Commercial Officer (CCO).

The key management personnel compensation included in “employee benefits expense” are as follows:

20. RELATED PARTIES

Key Management Personnel

Disclosures relating to key management personnel are set out in Note 16.

Transactions with Related Parties

In the course of attending the Club and/or representing the Club in an official capacity, Directors were provided with the cost of telephone, travel and entertainment, meals and beverages totalling $23,872 (2024: $27,430).

From time to time, directors of the Club may purchase goods from the Club or participate in other Club activities. These purchases and participations are on the same terms and conditions as those entered into by other Club employees or customers and are trivial or domestic in nature.

During the year, a relative of D (Daryl) Melham AM was employed by the Club and received wages within normal employee terms and conditions.

Notes to the Consolidated Financial Statements (continued)

For the year ended 30 June 2025

20. RELATED PARTIES

(continued)

Transactions with Related Parties (continued)

During the year, a relative of C (Christine) Butters was employed by the club and received wages within the normal employee terms and conditions.

During the year, the Club provided $8,000 of ClubGRANTS donations (2024: $8,000) to Bankstown City Aged Care Limited, an entity of which Director Christine Butters was a Director.

During the year, the Club provided $104,000 of ClubGRANTS donations (2024: $74,000) to Biyani House, an entity of which Chief People Officer Sharyn Buhagiar is a Director.

During the year, the club provided $30,000 of donations (2024: nil) to Escabags, an entity of which Chief Risk Officer, Daisy Brown is a Director.

Apart from the details disclosed above in this note, no other director has entered into a material contract with the Club during the year or since the end of the previous financial year and there were no material contracts involving other directors' interests existing at year-end.

Receivables from and Payables to Related Parties

There were no trade receivables from or trade payables to related parties at the current and previous reporting date.

21. MEMBERS' GUARANTEES

The company is a company limited by guarantee and is without share capital. The number of members as at 30 June 2025 and the comparison with last year is as follows:

In accordance with the Constitution of the company, every member of the company undertakes to contribute an amount limited to $2 per member in the event of the winding up of the company during the time that he/she is a member or within one year thereafter.

22. EVENTS SUBSEQUENT TO REPORTING DATE

There are no matters or circumstances that have arisen since the end of the financial year that have significantly affected or may significantly affect the operations of the company, the results of those operations or the state of affairs of the company in future financial years.

23. COMPANY DETAILS

The Club is incorporated and domiciled in Australia as a company limited by guarantee. The registered office of the company is 2B Brett Street, Revesby, NSW 2212.

Consolidated Entity Disclosure Statement

For the year ended 30 June 2025

Notes

$2,224,639

OUR VISION VALUES PURPOSE AND FOUNDATION

Photo: Revesby Workers' Club Atrium.