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DIRECTOR’S REPORT Activities of the Peer Support Foundation As a not-for-profit organisation, the continuing activities of this company were those of a benevolent foundation, supporting schools in the implementation of the Peer Support Program. The Peer Support Foundation Limited does not have share capital. No debentures were issued during the financial year ended 30th June 2008. Events subsequent to the end of the financial year There does not exist at the date of this report any contingent liability or any charge on the assets securing the liability of any other person which has arisen since the 30th June 2008. No contingent liability has become enforceable, or is likely to become enforceable before or on 30th June 2009 which, in the opinion of the directors, will or may substantially affect the ability of the company to meet its obligations as and when they fall due. Directors’ benefits No director of the company has, either during or since the end of the financial year, received or become entitled to receive a benefit not disclosed in the accounts as directors’ emoluments, by reason of a contract made by the company in which he/she has a substantial interest. Review of operation and results In this financial year, the Peer Support Foundation made a surplus of $398,497.19. This surplus was due to a large unanticipated copying levy and an extended period of understaffing. Significant changes and state of affairs The Peer Support Foundation expanded its operations during this financial year to provide training and workshops in Tasmania and Queensland. These activities have been funded by the Australian Government Department of Health and Ageing. During September 2007 the Peer Support Foundation registered the business name Peer Support Australia. Future Developments and results The Peer Support Foundation will develop ongoing theme specific modules for both Primary and Secondary schools. There will be continued evaluation of new and current modules. A pilot program in the Northern Territory and the Kimberley will commence on 1 July 2008 and will be funded by the Australian Government Department of Health and Ageing. Environmental Issues The Peer Support Foundation’s operations are not regulated by any significant environmental regulation under a law of the Commonwealth or of a state or territory. Directors’ meeting attendance, qualifications and special responsibilities The Peer Support Foundation was well supported by its Honorary Board Members who met on 6 occasions including its AGM. Directors have been in office since the start of the financial year unless otherwise stated. Peer Support Australia Annual Report 2007-2008
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