Royal Brighton Yacht Club - 148th Annual Report Season 2022-23

Royal Brighton Yacht Club

148th Annual Report Season 2022-23

Royal Brighton Yacht Club

148th Annual Report Season 2022-23

ROYAL BRIGHTON YACHT CLUB INC.

Instituted 1875

Incorporated 1989

ABN 24768210467

Principal place of business –253 Esplanade

Middle Brighton 3186 Victoria

Patron:

Commodore Greg Yorke, CSC, RAN

OFFICE BEARERS

General Committee Meetings attended from 1st July 2022 to 30th June 2023. (Elections held September 2022)

The Commodore, Flag Officers and Members of Committee of ROYAL BRIGHTON YACHT CLUB INC.

Request the pleasure of the company of MEMBERS AND PARTNERS ON OPENING DAY FOR 2023/2024 SAILING SEASON

Saturday – 7th October 2023

Dated 9th April, 1924, His Majesty King George V has been graciously pleased to bestow the title ‘Royal’ upon the Royal Brighton Yacht Club.

Dated 27th March, 1924, under the Seal of the Office of the Lord High Admiral of the United Kingdom of Great Britain, Members of the Royal Brighton Yacht Club are permitted to wear on board their respective vessels the Blue Ensign of His Majesty’s Fleet on certain conditions as laid down in said Warrant.

OBJECTS OF THE CLUB

Rule No. 2: The objectives of the Club shall be the promotion and encouragement of the sport of yachting generally, and racing between sailing yachts in particular, and the doing of all things incidental to or not inconsistent with the foregoing.

OUR VISION

An active, vibrant organisation, that extends the hand of friendship to visitors, members, and their guests alike. An organisation that vigorously promotes the sport of yachting, and racing in particular, in a competitive and fair-minded manner. An organisation that strongly supports and encourages youth sailing activities. An organisation that provides the amenities and facilities that allows all of its members to socialise and to reach their own personal goals.

We strive to operate all activities in our Club by valuing camaraderie, tolerance, belonging, challenge and fun.

Royal Brighton Yacht Club

FINANCE SUB-COMMITTEE

M.Cowdell (Chair), N. Hees, K. Badger, P. Demura, B. Heath.

SAILING SUB-COMMITTEE

B. Heath (Chair), P. Gebhardt, P. Bedlington, P. Robson, R. McKenna, G. Ferguson, M. Irving, P. Pascoe, T. Cushieri.

RESCUE & SUPPORT BOAT WORKING GROUP

G. Ferguson, (Chair), P. Austin, P. Coleman, M. Cowdell, P. Langhorne, P. Jackson.

ASSETS MANAGEMENT SUB-COMMITTEE

N. Hees (Chair), P. Strain, M. Cowdell, A. Merrett, K. Raghunathan-Merrett, M. Mitchell, N. Barber.

MARINA AND ATTENUATOR ADVISORY PANEL

J. Mooney (Chair) B. Drummond, P. Demura, J. Paterson, G. Brewster, A. McCowan, N. Hees, N. Sargeant.

CRUISING GROUP

G. Brewster (Chair), T. Frankham, B. Burns, R. Cuthbert, P. Strain, J. Walker, P. Gebhardt, S. Drummond, R. Hurrell.

ICEBERGER/AQUATIC SUB-COMMITTEE

G. Wallace (Chair), S. Desira, R. Hugh-Jones, K. Watson, J. Scanlon, T. Ryan, C. Wilhelm, A. Mulholland, R. O’Shaughnessy.

INCLUSION AND DIVERSITY ADVISORY GROUP

N. Hees (Chair), C. Treagus, M. Koppenol (external representative), L. Leckey, J. Stuchbery.

CLEANER SAILING SUB-COMMITTEE

A. Merrett (Chair), J. Pascoe, K. Mitchell, P. Demura, K. Raghunathan-Merrett.

SOCIAL SUB-COMMITTEE

K. Johns (Chair), M. Rowe, G. Henderson, K. McCloskey, C. Hurley, K. Williamson, J. Provis, H. Aberdeen, S. Reynolds, S. Cassidy, S. Drummond, J. Cosgrove, R. Cuthbert, G. Wallace.

YACHTING FOUNDATION

Commodore N. Hees, Past Commodore P. Strain, Vice Commodore P. Demura.

HANDICAPPER

Principal Handicappers. T. Cuschieri.

AUDITORS

Ashfords.

INSURANCE BROKERS

Fitzpatrick & Co Insurance Brokers Pty Ltd.

TheClub remains in a strong financial position, and over the past year the General Committee, Sub-Committees and staff have worked to progress initiatives in all areas of the RBYC Strategic Plan.

Sailing Pathways

As highlighted in the Club Captains Report, there were active fleets across One Design, OTB and keelboats, including successes in ocean racing, windward leeward, and “around the sticks racing”, with several sailors travelling to events nationally and internationally. The Cruising Group has run several successful events on and off the water. Several members have enjoyed using their boats through support of the “Sailing Lifts your Spirits” program, an initiative that rewards our skippers and crews as much as their guests, the healthcare workers who look after us. This year’s Oaks Day Lunch raises funds to enable the program to expand this coming season.

The club’s training programs are attracting adults new to sailing as well as young people. The purchase of a training keelboat provides opportunities for prospective crew to gain keelboat experience.

Through the monthly Club Captains and Commodores meetings chaired by Australian Sailing we share experiences and build opportunities for joint initiatives. We all endeavor to promote the joys of sailing in an environment of competing leisure activities.

Membership

Membership continues to grow in all categories, as can be seen in the Membership report. We aim to increase our crew membership numbers for the benefit of boat owners as well as aspiring crew.

We appreciate our non-sailing members as well, who bring additional life to the club. Swimmers, gym

COMMODORE’S REPORT

members and social members are making good use of our facilities and wonderful waterfront location. The Icebergers have run some excellent events which have been enjoyed by sailing members as well.

The Social subcommittee has run several popular functions appealing to all members, and many of these will become a regular feature of the club’s calendar. Leading up to 2025 we look forward to celebrating the club’s 150th anniversary.

Marina, Beach and Hardstand

A major focus of the club is the management and maintenance of our marina and related assets. A priority is dredging inside the marina. We are in the process of ensuring the correct permit is put in place and will then run a tender process to award a dredging contract. Maintaining strong relationships with government bodies and community organisations is essential to retaining our fortunate position as a premier yacht club in an enviable location. We are aware of our role within the broader harbour precinct.

An important ongoing consideration is our responsibility with respect to sustainable sailing. The Cleaner Sailing subcommittee has reported on initiatives underway.

Progress is being made in renewal of our seabed lease. The lease expired in April 2023, and we are fortunate that the delay has no immediate consequences for us. The new lease must be resolved well before any major infrastructure work progresses, including the eventual replacement of the wave attenuator. A lease boundary survey has been completed and is now with the Valuer General for assessment.

I’d like to thank the members of the Assets SubCommittee and the Marina and Attenuator advisory group for their expert advice on all matters associated

Royal Brighton Yacht Club

with the marina and hardstand, including maintenance, medium term projects and longer-term strategy.

Clubhouse

Clubhouse projects consider the benefits to members as well as the marketability of our function spaces. The replacement of the carpet in the members bar and function spaces has improved the appeal of these areas.

The Assets report mentions the planning work associated with the forecourt redevelopment, which is planned for the winter of 2024.

Catering and Functions

The Club restaurant is a popular link to the community as well as a benefit to members. As explained in the finance report, the turnover for the restaurant and for functions is healthy but costs have increased over the past year, and cost containment is a priority. Our friendly staff are appreciated by members and visitors, and we are keen to foster a caring club culture as well as a sustainable business.

Community

Strong community links are essential for us. Many who have lived in the local area for decades have recently joined the club, not realising previously that this was possible.

The Inclusion and Diversity advisory group is exploring ways to attract new members to the club from a variety of backgrounds. At the same time we are keen to support local initiatives. The Great Bay Bayside Swim and Rotary Recycle Regatta are examples of ways we help support worthwhile events.

Shared Values

Through the year we have had the opportunity to reinforce the principles of mutual respect. All members were sent a copy of the members’ Code of Conduct with their membership renewals as a reminder of the standards of behavior expected.

As a growing and increasingly diverse club we benefit personally and collectively.

Greatto be back to start the season with a fullyfledged opening day. Our new Commodore –Niesje – organised spectacular weather – and club members turned out in force. So many boats from all areas of the club participated. It was fantastic.

The club kicked off its large sailing program in October which sees keelboat, One Design and Off the Beach (OTB) racing and training.

RBYC Racing Program 22-23

CLUB CAPTAIN’S REPORT

Lincoln Week regatta saw Reverie win Div 2 on AMS & PHS. They also came 2nd in The Australian Keelboat Championships in IRC.

OTB racing on Sunday afternoon resumed this season. Great to see so many boats out enjoying the racing. Thursday OTB twilight sailing continued from last season with many sailors honing their skills and enjoying the social side with dinner afterwards.

Wednesday 1330 Keelboat Hearnes’ Heroes

1805 Keelboat, Etchells, VXOne & Dragon Spring Twilight Extras Fleet

1815 Keelboat, Etchells, VXOne & Dragon Spring Twilight Pursuit – No Extras

Thursday 1800 OTB OTB - Sprint training

Saturday 1300 Keelboat Saturday Racing

1330 One Design One Design Racing – Etchells, VXOne, 2.4mR & Dragon

Sunday 0900 OTB Junior & Youth Training 1400 OTB OTB – Fleet racing

The Brighton Keelboat championship continued this year racing in Division 1, 2 and Ingénue. Some closely fought series coming down to the last race day.

RBYC participation in keelboat regattas has been at its highest for a long time. Locally, in the Cock of the Bay and Festival of Sails we had many competitors with great results.

In ocean racing, we had 2 competitors in the Sydney to Hobart. Rush and Cyan Moon. Congratulations to Cyan Moon who won the PHS division.

We had 8 entrants in the 50th Melbourne to Hobart.

The One Design fleet on Saturdays saw the Etchells, 2.4mR, Dragons and VxOnes enjoying the camaraderie and close racing each week.

The Sunday junior and youth program participation has grown. We had 3 crews at the Stonehaven Cup held at RMYS and 7 Opti sailors at their Victorian state championships.

This season, we had a full schedule of training programs – Tackers, OutThere and Adult learn to sail. Big thanks to our OTB coordinator Laura for her hard work. Our Sunday morning programs were full and our Sunday afternoon race training program grew to include:

Royal Brighton Yacht Club

13 green fleet Opti’s, 5 youth racing squad and 13 29er training students. Growth was so good that we purchased 2 more racing Optis for the green fleet. A strong junior & youth program will lead to a strong club.

The club purchased a keelboat this season, which enabled our first Australian Sailing keelboat training courses to be run. Our boating manager Colin worked diligently to get all the components together. An exciting time at RBYC, with the adult training courses offered in both OTB & keelboats.

RBYC members have had great results at the many one design & OTB nationals and state championships held this season. Congratulations to all who competed.

Brighton Championships Winners

The club has had a busy regatta season – thanks to all volunteers who made these possible

• Sail Melbourne

• RS100 National Championships

• Etchells 2023 Victorian State Championships

• VX-ONE 2023 Victorian State Championship

• George Mac Regatta 2023

• BLISS

Thanks to all members for getting involved and making RBYC such a friendly and fun place to sail.

Congratulations to all the winners of the various Brighton Championships’ classes. A great effort by skippers and crew over a long season.

P Bedlington Award – Outstanding Achievement in Sailing at National & International Level

J Herlein Award – Yachtsperson of the Year

Volunteers

I would like to thank all our volunteers, race management team, jurors and staff who have worked diligently to ensure RBYC’s club programs and regattas have gone ahead and given our members a chance to enjoy the sport of sailing. For this, we are extremely grateful.

Many thanks to the Sailing committee: Marnie Irving, Glenn Ferguson, Tony Cuschieri, Paul Pascoe, Peter Robson, Rod McKenna, Peter Gebhardt, Phil Bedlington, Colin Burgess, Chad Humphrey

Working Group Report – 2022/23

The regular Thursday group of volunteers continues to maintain the club’s rescue vessels, including refuelling, radio installation and maintenance, and hull cleaning.

The group has also undertaken a large number of maintenance tasks relating to the race tower, marina and club yard. Over the past 12 months this included regular cleaning of the hardstand, repainting the flagpole to the rear of the club, installing solar panels on the race tower and installing new wind instruments. Tower wind readings can now be observed on the club website and via an iphone app.

Due to their expertise with rescue boats, the group acted as an advisory group in the development of the lifecycle plan for race management boats. The group was pleased to welcome the new rhib RB2, and assist

in ensuring it was operational when it arrived, including moving the new floating dock into position.

The volunteers are Paul Jackson, Glenn Ferguson, Peter Austin, Murray Cowdell, Peter Coleman, Chris Sand and Peter Langhorne.

Royal Brighton Yacht Club

ASSETS REPORT

The Assets Sub-Committee provides governance and advice on the investments required to ensure the Club’s Asset Management Strategy is supported and club assets are maintained. Over the past twelve months the sub-committee has provided recommendations to the General Committee on several key investment decisions and plans.

Clubhouse

New carpet was installed in the Bayview room and Member’s bar, as well as the vinyl matting leading to the change rooms, greatly improving the appearance of the club.

A new permit has been received for forecourt redevelopment, to enhance the front of the clubhouse, with a modern entrance and circular driveway. The clubhouse is awkward to reach by car, which has proven an inconvenience for club members being picked up and dropped off, members calling taxis and ambulance drivers called to an emergency.

The Master Plan envisioned a circular driveway at the front of the club, with an improved façade. The Club’s architect is currently managing the development of working drawings and a tender package, overseen by a working group of club members with relevant experience. The aim is to undertake the work in the winter months of 2024.

Race Management Boats

The current fleet of race management and rescue boats was assessed in relation to their purpose to support racing, coaching and rescue. While the fleet is largely fit for purpose, there is a need to replace vessels over time, and a plan has been developed to prioritise these. A second hand rhib in good condition has been purchased to replace the main race mark laying boat, and other vessels will be replaced over the next three years.

Marina, Hardstand and Yard

A new stainless steel automated marina gate has been installed, following an assessment of options and selection of preferred supplier.

Maintenance of the marina and attenuator is ongoing, including installing more rub collars and addressing some cracks in the attenuator. The attenuator repairs have been successful with the attenuator withstanding periodic strong northerlies. A longer-term solution will be required within 10 years and options are being considered by the Marina and Attenuator Advisory Group.

Alternative solutions for the Race Tower are being investigated, given the current structure can only be reached by boat.

Risk Management and Compliance

Apart from ensuring statutory requirements are met, the club has refreshed its risk register and reviews this on a regular basis.

Marina and Attenuator Advisory Panel

RBYC’s Marina and Attenuator Advisory Panel chaired by Immediate Past Vice Commodore John Mooney is charged with developing a long-term plan for the marina and attenuator in acknowledgement of the limited lifespan of the current assets.

A Wave Study was commissioned to assist in the comparison of suitable options, including installation of a wavescreen and extension of the breakwater. Options for reconfiguration of the marina are also being explored.

This work will be further progressed once the extension of the seabed lease has been finalised.

Dredging of the Marina

In order to dredge the marina to 2010 levels a separate permit is required. Initial quotes have been received from two contractors. Once a permit has been received a tender package will be prepared to ensure a robust process for awarding the work.

Water Technology has undertaken sediment sampling inside the marina which is a pre-requisite to obtaining a dredging permit. The resulting report will inform the decision regarding the location of the dredged material, which will either be on the beach north of the club or out to sea.

Marina Lease

The Marina Lease expired in April 2023, and the club continues to pay monthly lease payments. This is a similar situation to that experienced at various times by other clubs around Port Phillip. Meetings have been held with Parks Victoria with an agreed plan to progress. A lease boundary survey has been undertaken by an approved marine surveyor and provided to Parks Victoria. This has been forwarded to the Valuer General and the Club awaits their valuation so that negotiations can commence.

Royal Brighton Yacht Club

Membershipis a key focus of the entire GC and a core pillar of our Strategy, ensuring members of all ages and interests value their membership, and members feel comfortable as part of the RBYC community and proud to be part of it. Membership numbers at the club have continued to grow in all categories. Each new member has been interviewed by a GC member by way of welcome to the club.

There was an increase in membership numbers of 8.8% by the end of June 2023 compared with the end of June 2022. This compares with a membership growth of 2% the previous year. Total member numbers as at 30 June 2022 are 1726 compared with 1586 as at 30 June 2022, a net increase of 140 members.

The General Committee recognises that member retention is as important as acquiring new members. Reasons for member resignation are being captured. Over the 22/23 year, there were 185 members who resigned and 325 new members. This compares with 225 resigned and 256 new members in 21/22, 206 resigned and 315 new in 20/21, and 213 resigned with 181 new in 19/20.

73% of current members are Male and 27% Female which is just a slight increase in female membership since last year.

The percentage of members eligible to vote in elections is gradually decreasing over time, though the total number of eligible voting members has increased.

The member survey scheduled for March 2024 will gather member feedback to inform the General Committee and sub-committees.

CRUISING GROUP REPORT

Thepast year has seen a steady improvement in participation in Cruising Group activities over the prior year, slowly building back up from the cessation of our program during the COVID shutdowns.

The premier Cruising Group event, the annual Bass Strait Cruise in Company, saw seven boats head out of Port Phillip Heads in late February, up from three the previous year. Aquacadabra, Chakana, Kirra Kirra, Reliance, Saffron, Why Knot, and Y-knot, all enjoyed a very pleasant sail down to Refuge Cove in favourable winds, with an overnight stop in Cleeland Bight along the way. After a day in the sun at Refuge, where the annual Beach Bocce completion was held (won by Kirra Kirra), several boats headed off to Deal Island, while others explored the Prom. Unfortunately strong westerlies were then forecast to kick in during the second week of the cruise, so most took advantage of the existing easterly for an overnighter run back to Queenscliff for a couple of days of relaxation and socialising before returning to RBYC. Y-knot headed from Deal on to northern Tasmania, and sat out the worst of the weather in the Tamar before returning to Port Phillip.

A strong wind forecast for the day of the Birthday Cruise to Royals saw most “cruise by car” over to Williamstown. Nevertheless, we had a good turnout for our 32nd birthday, and all enjoyed socialising in the sun on the sheltered lawn in front of the RYCV clubhouse.

Four boats (Nimrod II, Favourite Child, Halcyon, and Why Knot) headed up to Docklands for this year’s annual mid-winter Frostbite cruise, held over the first weekend in July, timed to coincide with Melbourne’s Firelight Festival.

Cruising Group has continued to host a monthly social event. Guest Speaker dinners over the past year have included:

• “Kimberly Coast” – Barbara Burns and Geoff Brewster,

• “Kahoot Quiz” – Bryan Drummond,

• “Joie de Vivre V goes to Europe” – Karen and Peter Johns,

• “Beyond the Reef” – Robina and Brenton Smith

• “Cruising the South Pacific” – Bryan Drummond

• “Cyan Moon’s Sydney to Hobart – Wayne Seaward and team

• “Cruising the Patagonian Fiords of Chile” –Don Warner

The Cruising Group’s social calendar was rounded out by the Christmas Hardstand Party in December and the annual Progressive Dinner in October, when 42 club members braved the elements for an enjoyable evening rotating between boats on the marina for dinners and deserts, finishing up for port and chocolates on Immediate Past Commodore Peter Strain’s It’s a Privilege

In May of this year, several of our regular cruisers departed Brighton, setting out on extended cruises of their own. At the time of writing, It’s a Privilege (Peter and Suzie Strain) is in northern Queensland, while Aquacadabra (Rob and Sue Hurrell), Chakana (Robina and Brenton Smith) and Saffron (Barbara Burns and Geoff Brewster) are all in New Caledonia. Although this has depleted the local RBYC cruising fleet, this is what cruising is about and we wish them fair winds for their ongoing voyages.

Royal Brighton Yacht Club

Congratulation are due to the winners of this year’s Cruising Awards:

• Rod Cuthbert (Halcyon), Most Improved Cruiser, for a return crossing of Bass Strait and 6 months exploring the waterways of Tasmania’s eastern seaboard, and,

• Rob and Sue Hurrell (Aquacadabra), Cruisers of the Year, for over 3000 nm of sailing in the past year, from Brisbane to Melbourne, the Bass Strait Cruise, then to Sydney and on to Noumea.

In closing, I would like to thank the following members of the Cruising Group Committee for their hard work through the year in arranging and facilitating both the on-water cruising and social programs.

Geoff Brewster, Barbara Burns, Jenny Collins, Rod Cuthbert, Sue Drummond, Peter Gebhardt, Rob Hurrell, Paul Jenkins, Pam Merritt, Peter Strain and Jo Walker.

It has been a year of change for the Committee, with Geoff Brewster taking over the role of Cruising Group chair from Paul Jenkins, when Paul retired to the Bellarine Peninsular, Jo Walker joining, and two long standing members, Pam Merritt and Jenny Collins retiring. Special mention must go to Pam and Collins, who retired after 19 years for Pam and 17 years for Jenny (including 12 as secretary). Sterling service indeed!

Onbehalf of the aquatic category and subcommittee I am pleased to submit this report on our recent activities.

The sub-committee consists of Stephanie Desira, Rupert Hugh Jones, Kerry Whatson, Tony Ryan, Ralph O’Shaughnessy, Andrew Mulholland, Christina Wilhelm with Greg Wallace as Chair.

The committee meets regularly to discuss and address issues raised by members of the category.

Current topics on the agenda are change room conditions, club maintenance, water safety and swimming protocols, events – e.g., winter pier to pub, apparel – swimming caps, bathers and tops, social activities, interaction with RBYC GM. The committee maintains regular contact with the GM and Commodore.

As noted previously the category is experiencing a continual influx of members.

As of July 23, we now have 138 aquatic members with an additional 66 club members from the various sections making up our total numbers of 204. For the first time the membership of our section has risen beyond 200.

Over 230 RBYC members receive the fortnightly Iceberger Newsletter.

Active daily swimming numbers are growing, mornings – (Tuesday/Thursday) and weekend are becoming increasingly popular. The café is now a hive of activity

AQUATIC/ICEBERGER REPORT

from 7am through the support and patronage of the early morning swimmers.

Since my last report, the John Locco Winter classic has been swum and won earlier this month. This year 35 swimmers competed the various courses, With the winners:

Long Course: Lucas Tucker – 27:55

Channel Course: Ian Serpless – 22:50

Short Course: Andrew Buchanan – 13.51

A further highlight of the mid year has been the Winter Solstice Swim which has come about through the efforts of Sam Paynter. With over 70 swimmers the event is now one of the highlights of the year.

Another recent event held has been our winter safety and hypothermia briefing with over 60 Icebergers and members attending. Our thanks to Betty & Tony Ryan and Ralphie for putting this together.

As we emerge from the temperate conditions traditional Iceberging will soon make way for sun sand and tans. The Bay and our environment will take on a whole new life and the cycle of season will continue.

In conclusion, I would like to thank the RBYC and in particular Commodore Niesje Hees for the continued support of the Aquatic category and the Brighton Iceberging community.

Royal Brighton Yacht Club

INCLUSION AND DIVERSITY ADVISORY GROUP REPORT

TheIDAG continues to be committed to ensuring new and longstanding members from diverse backgrounds feel welcome at RBYC.

The theme for International Women’s Day this year was “Embrace Equity”. This day was celebrated with a slide presentation showcasing female sailors, which ran all day in both the members bar and the café, recognising also that it has been 40 years since women were admitted to the club as senior members.

NAIDOC Week is held every year in early July. This celebrates Aboriginal and Torres Strait Islander history, culture and achievements, and is an opportunity to recognise the contributions that First Nations Australians make to our country and to our society. Many organisations across the country, including businesses and sporting clubs, celebrate with events and other marks of respect. This year RBYC flew the Australian Aboriginal Flag and the Torres Strait Islander Flag throughout NAIDOC Week.

Some statistical analysis has been done on member data to better understand membership trends. More work is required to be confident of the results, but this does provide the potential to analysis membership data based on geographic location, age and gender.

• Some postcodes have greater membership numbers, which is not directly related to distance from the club

• Not only is the average age increasing, but more older members are joining as new members. This includes active sailing memberships.

• Gender distribution is more even amongst younger members.

In March 2024 it will have been 3 years since a membership survey was conducted. The General Committee has accepted the IDAG’s recommendation that a similar survey be conducted to enable comparison with previous data, regarding member priorities and satisfaction with the club. This will assist in driving recommendations to subcommittees.

TheCleaner Sailing Sub-Committee (CSC) has met formally and informally throughout the year.

Members of the Committee are Kalpana Raghunathan Merrett, Jenifer Pascoe, Vice Commodore Peter Demura, Kirsten Mitchell (now retired from this committee) and Andrew Merrett

Six initiatives have been undertaken in Financial Year to June 30 2023.

1. Clean Marina Program

This program is now with the GM and Boating Office. The CSC recommends that the Club proceed with this program.

For this to progress the GC will need to pass a motion to proceed with the program. It is assumed the program would be administered by the Marina Manager under supervision from the GM.

2. Life jacket recycling

RBYC has partnered with LifeBags to recycle out of date and obsolete life jackets. A sample bag has been assessed by a sub group with the outcome being that the CSC recommends that LifeBags continue with their design work to create a truly marketable product.

3.

The pilot program is now complete. Whilst the plan initially worked well it is with some disappointment that we report that now two scoops have disappeared. An informal group of wonderful Club volunteers are planning to use the concept with a cleaning group using replacement scoops that will be kept under lock when not in use.

CLEANER SAILING REPORT

4. Sail Recycling

There are a number of sail recycling plans about. RBYC is considering the Sails to Shelter program which repurposes sails to become shelters in distressed international situations. Doyle Sails may be able to co- ordinate this. More information is available at www. sailstoshelter.com. The GC is yet to provide a location for sails to be recycled to be accommodated. In the interim Caledonia B818 has commenced a private trial of sail recycling. A report on progress will be provided when this is established.

5. Sailors for the Sea Program

This international organisation offers formal registration of regattas which conform to a set of environmental criteria. The criteria are reasonable and are what the Club should be following in 2023. The implementation of this is essentially the task of Regatta Directors and the Boating Department. CSC is always willing to assist.

6. Rope recycling

Recycling of old rope into matting is currently being investigated through the LifeBags organisation.

This may an appropriate time for new members to join this committee. Interested parties are encouraged to discuss this further with the Vice Commodore.

For the RBYC Cleaner Sailing Sub-Committee

Royal Brighton Yacht Club

SOCIAL REPORT

FromVikings to leprechauns on St Patrick’s Day and a celebration for our new King, there has been a lot of activities around our club thanks to the energy of the very active social committee.

With an objective of providing more variety and added value to Friday nights the social committee introduced a system of recognition nights to alert all members to the different groups that make up our club.

We celebrated with the Icebergers the induction of 14 new members on Friday 3rd March.

The program has included information about our ever growing group of 2.4 sailors, VX1s and OTB and we still have plans to include a recognition for the cruising group, the Etchells and Dragons to mention just a few. In addition to these informative sessions there is, and will continue to be a lucky door prize! Friday nights at the club is certainly the place to be.

What do sailors do when it’s gusting at forty knots and the rain is lashing against the windows.

The social committee has initiated bridge classes and is still looking into an organised sing along, dance classes and movie nights. So watch this space.

What’s happening in other clubs? In an effort to gain more ideas the social committee visited RVMYC. They were welcomed by Commodore Simon Mills and his committee to learn how they successfully run their mid week raffle draw.

As we leave the dark, non sailing months of winter our next major event is Opening Day on 7th October. Themed Totally 80’s think Madonna wearing underwear as outer wear, Michael Jackson Beat It with just one glove, Olivia Newton Johnson in lycra, Let’s get Physical and who can forget our all time favourites Abba. Big hair, tights pants, shoulder pads, that’s Totally 80’s.

YACHTING FOUNDATION REPORT

TheRBYC Yachting Foundation maintains funds to support young sailors into the future, to assist with their shipping, travel and accommodation costs if they are campaigning internationally for major events. The balance has remained unchanged over the past year.

Contributions may be made via an Australian Sports Foundation Project, which enables tax deductible donations to be made. Anyone wishing to make a donation is welcome to contact the Commodore or General Manager.

Royal Brighton Yacht Club

Financial Statements

For the Year Ended 30 June 2023

HONORARY TREASURER’S REPORT

It is with pleasure that I provide the annual financial report to members for the period ending 30th June 2023.

The financial narrative for the Club is improved revenue and an increasingly higher cost base to service this revenue. Revenue improved 14.5% on the previous year, with significant growth in catering, membership and marina/hardstand boat storage. Record membership, higher marina utilization and a return to pre-COVID levels of catering. Inflation and a tight labour market saw expenses increase by 27.3%.

The tight labour market necessitated the use of contract agency staff as the club catering began to return to preCOVID levels. This has slowly improved throughout the year as staff levels have improved. Inflation has seen increased costs for all areas of the club’s operation.

Unlike previous years, there were no government grants due to COVID (FY22 $288k).

An operating surplus of $732k, which exceeded budget, was a great result in a challenging year. The overall deficit was $296k compared with a deficit of $5k in the last financial year. There has been an improvement in the cash balance and a decline in debt levels.

The club has been placing excess funds into short-term deposits to take advantage of higher interest rates.

FINANCIAL PERFORMANCE

In the year ended 30th of June 2023, the Club generated a net operating surplus of $732k.

Total income of $5,832k exceeded budget ($5,485k) by $347k.

Last year’s total income was $5,091k.

Total Expenses of $5,100k exceeded budget ($4,810k) by $ 290k.

Last year the total expenses were $4,014k.

Operating Profit of $732k exceeded the budget ($685k) by $47k.

Net Surplus (Deficit) ($296k) compared to a budgeted loss of ($515k).

Last year the Net Surplus (Deficit) was ($5k).

A summary of the income and expense account for the year ended 30th June is set out in the following pages:

Royal Brighton Yacht Club Inc.

The following table provides a high-level breakdown of the profit and loss by major functions: catering, marina & hardstand, sailing, membership & administration.

BAR & CATERING

The bar and catering functions of the club have seen revenue climb past pre-COVID levels to $3.088M. In a difficult operating environment, costs are the challenge. A tight labour market, increased cost of goods and operating expenses have been a wave of obstacles to overcome. Despite these obstacles, catering has broken even.

The catering team are focused on controlling costs and improving offerings to reverse the margin to profitability in the coming year.

The bar & catering is a welcome service to all members, something new members have mentioned when applying to join the club. It offers a welcome ambience to the club with many members and the public enjoying the offerings.

MARINA AND HARDSTAND

The combined occupancy of the marina, hardstand and OTB storage at the end of June 30th was 89% (Marina 81% Hardstand 97% and OTB 96%). A 13.5% increase in revenue has resulted in an extra $169,305. Income is up because of higher occupancy and the return of all marina pens to the club after all 20-year leases ended. The club is still in negotiation for a new seabed lease with Parks Victoria. Currently, the Club is offering marina pens on a one-year lease or a temporary short-term berthing arrangement.

The Club will be undertaking dredging in the near future and planning is underway to replace the ageing attenuator.

CAPITAL EXPENDITURE

Capital expenditure for the year totaled $260k with the main item purchased being the replacement vessel for RB9. New carpet was purchased for the Bayview Room and the Member’s Bar, and a new Marina Gate was installed.

• Capital works in progress $28k

• Clubhouse Improvements $72k

• Plant & Equipment $160k

Royal Brighton Yacht Club Inc.

Cash Flows & Financial Position

For the financial year ended 30th June 2023, the net operating cash flows were $794k compared with $917k in 2022. The net operating surplus for the year after financing cost was $662K. There were increases in the payments to suppliers and employees and a substantial increase in the interest earned. Total Borrowing by the club as at 30th of June were $500k compared to last year $885k. Cash or its equivalent increased by $64k.

SUMMARY

Over the last financial period to 30th of June 2023, the Club was getting back to some sort of normality post COVID. As Treasurer I have adopted a conservative approach as I feel this will be a good base for the up-coming year and the capital projects that are planned. The Club is playing catch up in terms of maintenance and this will continue into next year.

Finally, I would like to thank all members, management, staff, and the contributions of the Finance Committee. The Finance Committee comprising of Commodore Niesje Hees, Vice Commodore Peter Demura, Club Captain Brett Heath, Keith Badger and Phil Hall for their support and assistance through the year.

Royal Brighton Yacht Club Inc.

Statement of Profit or Loss and Other Comprehensive Income

Royal Brighton Yacht Club Inc.

Royal Brighton Yacht Club Inc.

ABN: 24 768 210 467

Statement of Financial Position

As At 30 June 2023

The accompanying notes form part of these financial statements.

Royal Brighton Yacht Club Inc.

ABN:

Statement of Changes in Equity

For the Year Ended 30 June 2023

The accompanying notes form part of these financial statements.

The accompanying notes form part of these financial statements.

Royal Brighton Yacht Club Inc.

Royal Brighton Yacht Club Inc.

Statement of Cash Flows

The accompanying notes form part of these financial statements.

The accompanying notes form part of these financial statements.

Royal Brighton Yacht Club Inc.

ABN: 24 768 210 467

Notes to the Financial Statements

For the Year Ended 30 June 2023

The financial statements cover Royal Brighton Yacht Club Inc. as an individual entity. Royal Brighton Yacht Club Inc. is a not-for-profit Association incorporated in under the Associations Incorporation Reform Act 2012 ('the Act').

The functional and presentation currency of Royal Brighton Yacht Club Inc. is Australian dollars.

The financial report was authorised for issue by the General Committee on 30 August 2023.

Comparatives are consistent with prior years, unless otherwise stated.

1 Basis of Preparation

The financial statements are general purpose financial statements that have been prepared in accordance with the Australian Accounting Standards - Simplified Disclosures and the Act.

2 Summary of Significant Accounting Policies

(a) Revenue and other income

Revenue from contracts with customers

The core principle of AASB 15 is that revenue is recognised on a basis that reflects the transfer of promised goods or services to customers at an amount that reflects the consideration the Association expects to receive in exchange for those goods or services. Revenue is recognised by applying a five-step model as follows:

1.Identify the contract with the customer

2.Identify the performance obligations

3.Determine the transaction price

4.Allocate the transaction price to the performance obligations

5.Recognise revenue as and when control of the performance obligations is transferred

Generally the timing of the payment for sale of goods and rendering of services corresponds closely to the timing of satisfaction of the performance obligations, however where there is a difference, it will result in the recognition of a receivable, contract asset or contract liability.

Sale of goods

Revenue from the sale of food and beverages is recognised at the point of sale, when the economic benefits associated with the transaction flows to the Association and can be reliably measured.

Royal Brighton Yacht Club Inc.

ABN: 24 768 210 467

Notes to the Financial Statements

For the Year Ended 30 June 2023

2 Summary of Significant Accounting Policies

(a) Revenue and other income

Rendering of services

Revenue from subscriptions, maintenance fees and the lease of marina, hardstand and OTB space is recognised over the period where the customer is entitled to receive benefits from the service provided by the Association. Revenue is recognised when economic benefits are expected to flow to the Association and can be reliably measured.

The Association has numerous long-term leases for Marina space, spanning periods of twelve months or less. Revenue from these leases are defined as operating leases and recognised on a straight-line basis over the agreement terms. All agreements will expire prior to the Association's current lease of the seabed.

Interest

Interest is recognised as it accrues using the effective interest method, by calculating the amortised cost of a financial asset and allocating interest over the relevant period. Interest is allocated using the effective rate, which discounts estimated future cash receipts through the expected life of the financial asset to its respective net carrying amount.

Deferred and unearned revenue

The Association receives funds in advance from its members. These are treated as liabilities of the Association until the requirements of the revenue recognition criteria have been satisfied. These deferred amounts are then released to revenue.

Other Income

Other income is recognised on an accruals basis when the Association is entitled to it.

(b) Income Tax

The Association is exempt from income tax under Division 50 of the Income Tax Assessment Act 1997

(c) Borrowing costs

Borrowing costs that are directly attributable to the acquisition, construction or production of a qualifying asset are capitalised as part of the cost of that asset.

All other borrowing costs are recognised as an expense in the period in which they are incurred.

Royal Brighton Yacht Club Inc.

ABN: 24 768 210 467

Notes to the Financial Statements

For the Year Ended 30 June 2023

2 Summary of Significant Accounting Policies

(d) Goods and services tax (GST)

Revenue, expenses and assets are recognised net of the amount of goods and services tax (GST), except where the amount of GST incurred is not recoverable from the Australian Taxation Office (ATO).

Receivables and payables are stated inclusive of GST.

Cash flows in the statement of cash flows are included on a gross basis and the GST component of cash flows arising from investing and financing activities which is recoverable from, or payable to, the taxation authority is classified as operating cash flows.

(e) Inventories

Inventories are measured at the lower of cost and net realisable value. Cost of inventory is determined using the first-in-first-out basis and is net of any rebates and discounts received. Net realisable value is estimated using the most reliable evidence available at the reporting date and inventory is written down through an obsolescence provision if necessary.

(f) Property, plant and equipment

Each class of property, plant and equipment is carried at cost or fair value less, where applicable, any accumulated depreciation and impairment.

Items of property, plant and equipment acquired for significantly less than fair value have been recorded at the acquisition date fair value.

Plant and equipment

Plant and equipment are measured using the cost model

Depreciation

Property, plant and equipment, excluding freehold land, is depreciated on a straight-line basis over the assets useful life to the Association, commencing when the asset is ready for use.

The depreciation rates used for each class of depreciable asset are shown below:

At the end of each annual reporting period, the depreciation method, useful life and residual value of each asset is reviewed. Any revisions are accounted for prospectively as a change in estimate.

Royal Brighton Yacht Club Inc.

ABN: 24 768 210 467

Notes to the Financial Statements

For the Year Ended 30 June 2023

2 Summary of Significant Accounting Policies

(g) Financial instruments

Financial instruments are recognised initially on the date that the Association becomes party to the contractual provisions of the instrument.

On initial recognition, all financial instruments are measured at fair value plus transaction costs (except for instruments measured at fair value through profit or loss where transaction costs are expensed as incurred).

Financial assets

All recognised financial assets are subsequently measured in their entirety at either amortised cost or fair value, depending on the classification of the financial assets.

Classification

On initial recognition, the Association classifies its financial assets into the following categories, those measured at:

 amortised cost

 fair value through profit or loss - FVTPL

Financial assets are not reclassified subsequent to their initial recognition unless the Association changes its business model for managing financial assets.

Amortised cost

Assets measured at amortised cost are financial assets where:

 the business model is to hold assets to collect contractual cash flows; and

 the contractual terms give rise on specified dates to cash flows are solely payments of principal and interest on the principal amount outstanding.

The Association's financial assets measured at amortised cost comprise trade and other receivables and cash and cash equivalents in the statement of financial position

Subsequent to initial recognition, these assets are carried at amortised cost using the effective interest rate method less provision for impairment.

Interest income is recognised in profit or loss. Gain or loss on derecognition is recognised in profit or loss.

Financial assets through profit or loss

All financial assets not classified as measured at amortised cost as described above are measured at FVTPL.

Net gains or losses, including any interest income are recognised in profit or loss.

Royal Brighton Yacht Club Inc.

ABN: 24 768 210 467

Notes to the Financial Statements

For the Year Ended 30 June 2023

2 Summary of Significant Accounting Policies

(g) Financial instruments

Financial assets

Impairment of financial assets

Impairment of financial assets is recognised on an expected credit loss (ECL) basis for the following assets:

 financial assets measured at amortised cost

When determining whether the credit risk of financial assets has increased significantly since initial recognition and when estimating the expected credit loss (ECL), the Association considers reasonable and supportable information that is relevant and available without undue cost or effort. This includes both quantitative and qualitative information and analysis based on the Association's historical experience and informed credit assessment and including forward looking information.

The Association uses the presumption that a financial asset is in default when:

 the other party is unlikely to pay its credit obligations to the Association in full, without recourse to the Association to actions such as realising security (if any is held).

Credit losses are measured as the present value of the difference between the cash flows due to the Association in accordance with the contract and the cash flows expected to be received. This is applied using a probability weighted approach.

Trade receivables

Impairment of trade receivableshave been determined using the simplified approach in AASB 9 which uses an estimation of lifetime expected credit losses. The Association has determined the probability of non-payment of the receivableand multiplied this by the amount of the expected loss arising from default.

The amount of the impairment is recorded in a separate allowance account with the loss being recognised in finance expense. Once the receivable is determined to be uncollectable then the gross carrying amount is written off against the associated allowance.

Where the Association renegotiates the terms of trade receivables due from certain customers, the new expected cash flows are discounted at the original effective interest rate and any resulting difference to the carrying value is recognised in profit or loss.

Other financial assets measured at amortised cost

Impairment of other financial assets measured at amortised cost are determined using the expected credit loss model in AASB 9. On initial recognition of the asset, an estimate of the expected credit losses for the next 12 months is recognised. W here the asset has experienced significant increase in credit risk then the lifetime losses are estimated and recognised.

Royal Brighton Yacht Club Inc.

ABN: 24 768 210 467

Notes to the Financial Statements

For the Year Ended 30 June 2023

2 Summary of Significant Accounting Policies

(g) Financial instruments

Financial liabilities

The Association measures all financial liabilities initially at fair value less transaction costs, subsequently financial liabilities are measured at amortised cost using the effective interest rate method.

The financial liabilities of the Association comprise trade payables, bank and other loans and lease liabilities.

(h)

Cash and cash equivalents

Cash and cash equivalents comprises cash on hand, demand deposits and short-term investments which are readily convertible to known amounts of cash and which are subject to an insignificant risk of change in value.

(i) Leases

At inception of a contract, the Association assesses whether a lease exists - i.e. does the contract convey the right to control the use of an identified asset for a period of time in exchange for consideration.

This involves an assessment of whether:

 The contract involves the use of an identified asset - this may be explicitly or implicitly identified within the agreement. If the supplier has a substantive substitution right then there is no identified asset.

 The Association has the right to obtain substantially all of the economic benefits from the use of the asset throughout the period of use.

 The Association has the right to direct the use of the asset i.e. decision making rights in relation to changing how and for what purpose the asset is used.

Lessee accounting

The non-lease components included in the lease agreement have been separated and are recognised as an expense as incurred.

At the lease commencement, the Association recognises a right-of-use asset and associated lease liability for the lease term. The lease term includes extension periods where the Association believes it is reasonably certain that the option will be exercised.

The right-of-use asset is measured using the cost model where cost on initial recognition comprises of the lease liability, initial direct costs, prepaid lease payments, estimated cost of removal and restoration less any lease incentives received.

The right-of-use asset is depreciated over the lease term on a straight line basis and assessed for impairment in accordance with the impairment of assets accounting policy.

The lease liability is initially measured at the present value of the remaining lease payments at the commencement of the lease. The discount rate is the rate implicit in the lease, however where this cannot be readily determined then the Association's incremental borrowing rate is used.

Royal Brighton Yacht Club Inc.

ABN: 24 768 210 467

Notes to the Financial Statements

For the Year Ended 30 June 2023

2 Summary of Significant Accounting Policies

(i) Leases

Subsequent to initial recognition, the lease liability is measured at amortised cost using the effective interest rate method. The lease liability is remeasured whether there is a lease modification, change in estimate of the lease term or index upon which the lease payments are based (e.g. CPI) or a change in the Association's assessment of lease term.

Where the lease liability is remeasured, the right-of-use asset is adjusted to reflect the remeasurement or is recorded in profit or loss if the carrying amount of the right-of-use asset has been reduced to zero.

Exceptions to lease accounting

The Association has elected to apply the exceptions to lease accounting for both short-term leases (i.e. leases with a term of less than or equal to 12 months) and leases of low-value assets. The Association recognises the payments associated with these leases as an expense on a straight-line basis over the lease term.

(j) Employee benefits

Provision is made for the Association's liability for employee benefits arising from services rendered by employees to the end of the reporting period. Employee benefits that are expected to be wholly settled within one year have been measured at the amounts expected to be paid when the liability is settled

Employee benefits expected to be settled more than one year after the end of the reporting period have been measured at the present value of the estimated future cash outflows to be made for those benefits. In determining the liability, consideration is given to employee wage increases and the probability that the employee may satisfy vesting requirements. Cashflows are discounted using market yields on high quality corporate bond rates incorporating bonds rated AAA or AA by credit agencies, with terms to maturity that match the expected timing of cashflows. Changes in the measurement of the liability are recognised in profit or loss.

(k) Going concern

The Association's activities resulted in a deficit for the year ended 30 June 2023 of $295,958 (30 June 2022: deficit $4,830). It has a net current working capital as at 30 June 2023 of $239,144 (30 June 2022: $211,862 surplus). Encompassed within the total is $703,403 income for the 2024 year received in advance.

The financial statements have been prepared on the basis that the Association is a going concern which contemplates the continuity of normal business activity, realisation of assets and settlement of liabilities in the normal course of business for the following reasons:

At 30 June 2023 the Association had net assets of $4,689,458 cash reserves of $1,487,510 and generated net cash inflows from operating activities of $794,215.

The General Committee believe that the Association will continue to successfully manage the operations of the entity and accordingly, they have prepared the financial report on a going concern basis. At this time the General Committee are of the opinion that no asset is likely to be realised for an amount less the amount at which is recorded in the financial statements for the year ended 30 June 2023.

Royal Brighton Yacht Club Inc.

ABN: 24 768 210 467

Notes to the Financial Statements

For the Year Ended 30 June 2023

2 Summary of Significant Accounting Policies

(l) Adoption of new and revised accounting standards

The Association has adopted all standards which became effective for the first time at 30 June 2023, the adoption of these standards has not caused any material adjustments to the reported financial position, performance or cash flow of the Association

3 Critical Accounting Estimates and Judgments

The General Committee make estimates and judgements during the preparation of these financial statements regarding assumptions about current and future events affecting transactions and balances.

These estimates and judgements are based on the best information available at the time of preparing the financial statements, however as additional information is known then the actual results may differ from the estimates.

The significant estimates and judgements made have been described below.

Key estimates - impairment of property, plant and equipment

The Association assesses impairment at the end of each reporting period by evaluating conditions specific to the Association that may be indicative of impairment triggers. Recoverable amounts of relevant assets are reassessed using value-in-use calculations which incorporate various key assumptions.

Key estimates - estimation of useful lives of assets

The Association 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

Key estimates - receivables

The receivables at reporting date have been reviewed to determine whether there is any objective evidence that any of the receivables are impaired. An impairment provision is included for any receivable where the entire balance is not considered collectible. The impairment provision is based on the best information at the reporting date.

ABN:

Notes to the Financial Statements

For

In the 2022 financial year Royal Brighton Yacht Club received further support from the local and state governments. Successful applications were made and the Association was entitled to receive cash injections under programs including the Licensed Hospitality Venue Fund and Outdoor Eating and Entertainment Package.

The following table shows the aggregate amount of the transaction price allocated to unsatisfied (or partially unsatisfied) performance obligations resulting from deposits for functions and events.

Notes to the Financial Statements

The result for the year includes the following specific employee expenses:

Notes to the Financial Statements

The carrying value of trade receivables is considered a reasonable approximation of fair value due to the short-term nature of the balances.

The maximum exposure to credit risk at the reporting date is the fair value of each class of receivable in the financial statements.

Work in progress consists of planning and professional fees for the implementation of the new driveway and dredging of the marina.

Royal Brighton Yacht Club Inc.

ABN: 24 768 210 467

Notes to the Financial Statements

For the Year Ended 30 June 2023

Royal Brighton Yacht Club Inc.

Royal Brighton Yacht Club Inc.

Royal Brighton Yacht Club Inc.

ABN:

Notes to the Financial Statements

the Financial Statements

Notes to the Financial Statements

For the Year Ended 30 June 2023

10 Property, plant and equipment

(a) Movements in carrying amounts of property, plant and equipment

Movement in the carrying amounts for each class of property, plant and equipment between the beginning and the end of the current financial year:

ABN:

Notes to the Financial Statements

For the Year Ended 30 June 2023

Trade and other payables are unsecured, non-interest bearing and are normally settled within 30 days. The carrying value of trade and other payables is considered a reasonable approximation of fair value due to the short-term nature of the balances. 13

Deferred income represents payment received from members for memberships pertaining to the 2023 financial year, and in 2022, monies received on the marina leases but yet to be earnt.

Royal Brighton Yacht Club Inc.

ABN: 24 768 210 467

Notes to the Financial Statements

For the Year Ended 30 June 2023

The bank borrowing facility was initially for a total amount of $2,000,000 from Bank of Melbourne and was drawn down in the year ended 30 June 2017. The facilities were varied in November 2019, with the two facilities consolidated into one facility for a total amount of $1,450,000. On 15th of October 2020 the existing facility agreement was further varied, with a total facility limit of $1,658,000. The facility is repayable in instalments over a facility term of 4 years. The facility is secured by means of a mortgage over the Association’s assets and undertakings. The interest rate on the facility consists of the sum of:

-Base rate: BBSY 0.1460%p.a (indicative)

-Business loan margin: 1.460% (indicative)

-Margin rate: 0.200% p.a Given the increase in interest rates over the 2023 financial year, the rate applied to the loan at 30 June 2023 was 5.667%.

Interest is payable on the outstanding amount of the facility. As at 30 June 2023, the loan facility outstanding was $494,011 (2022: $846,237).

The Association also has equipment loan facilities. The facilities have financed the purchase of a computer system and outboard motors for the fleet of inflatable boats.

Royal Brighton Yacht Club Inc.

ABN: 24 768 210 467

Notes to the Financial Statements

For

Terms and conditions of leases

Leases are in place for the land and buildings which have remaining terms of less than one year and 13 years respectively. The leases have terms of renewal but no purchase option or escalation clauses. Renewals are at the option of the leasee.

The maturity analysis of lease liabilities based on contractual undiscounted cash flows is shown in the table below:

Royal Brighton Yacht Club Inc.

ABN:

Notes to the Financial Statements

For the Year Ended 30 June 2023

16

The amounts recognised in the statement of profit or loss and other comprehensive income relating to interest expense on lease liabilities and depreciation of right-of-use assets are shown below:

The Association is exposed to a variety of financial risks through its use of financial instruments.

The most significant financial risks to which the Association is exposed to are described below:

Specific risks

 Liquidity risk

 Credit risk

 Market risk - interest rate risk

Royal Brighton Yacht Club Inc.

ABN: 24 768 210 467

Notes to the Financial Statements

For the Year Ended 30 June 2023

18 Financial Risk Management

Financial instruments used

The principal categories of financial instrument used by the Association are:

 Trade receivables

 Cash at bank

 Trade and other payables

 Lease liabilities

 Floating rate bank loans

The Association has documented policies and procedures relating to managing financial risk. The General Committee members manage the different types of risks to which it is exposed by considering risk and monitoring levels of exposure to the financial risks identified. Risk controls are identified for each risk to ensure they are monitored and controlled. Each risk is reviewed regulalry to reduce likelihood of occurence. Committee members monitor interest rate risk by being aware of market forecasts for interest rates. Ageing analyses and monitoring of specific credit allowances are undertaken to manage credit risk, liquidity risk is monitored through general business budgets and forecasts.

The Association holds the following financial instruments

Liquidity risk

Liquidity risk arises from the Association’s management of working capital and the finance charges and principal repayments on its debt instruments. It is the risk that the Association will encounter difficulty in meeting its financial obligations as they fall due. The Association manages liquidity risk by monitoring cash flow and maturity profiles of financial assets and liabilities.

Royal Brighton Yacht Club Inc.

ABN: 24 768 210 467

Notes to the Financial Statements

For the Year Ended 30 June 2023

18 Financial Risk Management

Liquidity risk

The table below reflects the undiscounted contractual cash flows.

The timing of expected outflows is not expected to be materially different from contracted cashflows.

During the current and prior year, there was no defaults or breaches of any loan.

Credit risk

Credit risk refers to the risk that a counterparty will default on its contractual obligations resulting in a financial loss to the Association

Credit risk arises from cash and cash equivalents and deposits with banks and financial institutions, as well as credit exposure to wholesale and retail customers, including outstanding receivables and committed transactions.

The maximum exposure to credit risk, excluding the value of any collateral or other security, at Reporting Date to recognised financial assets is the carrying amount of those assets, net of any allowance for doubtful debts, as disclosed in the Statement of Financial Position and notes to the financial report.

The Association trades primarily with Association members and other creditworthy third parties, as as such collateral is not requested nor is is the Club's policy to securitise its trade and other receivables.

Receivables balances are monitored on an ongoing basis with the result that the Association's exposure to bad debts is not significant. There are no significant concentrations on credit risk.

Royal Brighton Yacht Club Inc.

ABN: 24 768 210 467

Notes to the Financial Statements

For the Year Ended 30 June 2023

18 Financial Risk Management

Market risk

Market risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market prices.

(i) Interest rate risk

The Association is exposed to interest rate risk as funds are borrowed at floating and fixed rates. Borrowings issued at fixed rates expose the Association to fair value interest rate risk.

Sensitivity analysis

The following table illustrates the sensitivity of the net result for the year and equity to a reasonably possible change in interest rates of +2.00% and -2.00% (2022: +2.00%/-2.00%), at the reporting date. These changes are considered to be reasonably possible based on observation of current market conditions and economist reports.

The calculations are based on the financial instruments held at each reporting date. All other variables are held constant.

(ii) Price risk

The club is not exposed to any significant price risk.

19 Related Parties

The Association's main related parties are as follows:

Key management personnel - refer to Note 20

Related parties include close family members of key management personnel and the general committee and entities that are controlled or significantly influenced by those key management personnel or their close family members.

Transactions with related parties

Transactions between related parties are on normal commercial terms and conditions no more favourable than those available to other parties unless otherwise stated.

Royal Brighton Yacht Club Inc.

ABN: 24 768 210 467

Notes to the Financial Statements

For the Year Ended 30 June 2023

Key management personnel compose persons having authority and responsibility for planning, directing and controlling the activities of the Association.

The totals of remuneration paid to the key management personnel of Royal Brighton Yacht Club Inc. during the year are as follows:

- audit of the financial

22 Contingencies

In the opinion of the General Committee, the Association did not have any contingencies at 30 June 2023 (30 June 2022:None).

23 Events after the end of the Reporting Period

Thefinancial report was authorised for issue on 30 August 2023 by the General Committee.

No matters or circumstances have arisen since the end of the financial year which significantly affected or may significantly affect the operations of the Association, the results of those operations or the state of affairs of the Association in future financial years.

24

The registered office and principal place of business of the company is: Royal Brighton Yacht Club Inc. 253 Esplanade, Brighton VIC 3186

Royal Brighton Yacht Club Inc.

Royal Brighton Yacht Club Inc.

Independent Audit Report to the members of Royal Brighton Yacht Club Inc.

Independent Audit Report to the members of Royal Brighton Yacht Club Inc.

Report on the Audit of the Financial Report Opinion

Report on the Audit of the Financial Report Opinion

We have audited the financial report of Royal Brighton Yacht Club Inc. (the Association), which comprises the statement of financial position as at 30 June 2023, the statement of profit or loss and other comprehensive income, the statement of changes in equity and the statement of cash flows for the year then ended, and notes to the financial statements, including a summary of significant accounting policies, and the statement by members of the committee

We have audited the financial report of Royal Brighton Yacht Club Inc. (the Association), which comprises the statement of financial position as at 30 June 2023, the statement of profit or loss and other comprehensive income, the statement of changes in equity and the statement of cash flows for the year then ended, and notes to the financial statements, including a summary of significant accounting policies, and the statement by members of the committee

In our opinion, the accompanying financial report presents fairly, in all material respects, including:

In our opinion, the accompanying financial report presents fairly, in all material respects, including:

(i) giving a true and fair view of the Association's financial position as at 30 June 2023 and of its financial performance and its cash flows for the year ended; and

(i) giving a true and fair view of the Association's financial position as at 30 June 2023 and of its financial performance and its cash flows for the year ended; and

(ii) complying with the Australian Accounting Standards - Simplified Disclosures and the Associations Incorporation Reform Act 2012.

(ii) complying with the Australian Accounting Standards - Simplified Disclosures and the Associations Incorporation Reform Act 2012.

Basis for Opinion

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 Association in accordance with the auditor independence requirements of 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 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 Association in accordance with the auditor independence requirements of 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 believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion

Responsibilities of Management and Those Charged with Governance

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion

Responsibilities of Management and Those Charged with Governance

Management is responsible for the preparation and fair presentation of the financial report in accordance with the Australian Accounting Standards - Simplified Disclosures and the Associations Incorporation Reform Act 2012, and for such internal control as management determines is necessary to enable the preparation of the financial report is free from material misstatement, whether due to fraud or error.

Management is responsible for the preparation and fair presentation of the financial report in accordance with the Australian Accounting Standards - Simplified Disclosures and the Associations Incorporation Reform Act 2012, and for such internal control as management determines is necessary to enable the preparation of the financial report is free from material misstatement, whether due to fraud or error.

In preparing the financial report, management is responsible for assessing the Association's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless management either intends to liquidate the Association or to cease operations, or has no realistic alternative but to do so.

In preparing the financial report, management is responsible for assessing the Association's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless management either intends to liquidate the Association or to cease operations, or has no realistic alternative but to do so.

Those charged with governance are responsible for overseeing the Association's financial reporting process.

Those charged with governance are responsible for overseeing the Association's financial reporting process.

Royal Brighton Yacht Club Inc.

Independent Audit Report to the members of Royal Brighton Yacht Club Inc.

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.

As part of an audit in accordance with the Australian Auditing Standards, we exercise professional judgement and maintain professional scepticism throughout the audit. We also:

 Identify and assess the risks of material misstatement of the financial report, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.

 Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Association’s internal control.

 Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the management.

 Conclude on the appropriateness of the management’s use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Association’s ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the financial reporter, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the Association to cease to continue as a going concern.

 Evaluate the overall presentation, structure and content of the financial report, including the disclosures, and whether the financial report represents the underlying transactions and events in a manner that achieves fair presentation.

Royal Brighton Yacht Club Inc.

Independent Audit Report to the members of Royal Brighton Yacht Club Inc.

We communicate with the management regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

We also provide the management with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, actions taken to eliminate threats or safeguards applied.

From the matters communicated with the management, we determine those matters that were of most significance in the audit of the financial report of the current period and are therefore the key audit matters. We describe these matters in our auditor’s report unless law or regulation precludes public disclosure about the matter or when, in extremely rare circumstances, we determine that a matter should not be communicated in our report because the adverse consequences of doing so would reasonably be expected to outweigh the public interest benefits of such communication.

Unit 301, 148 Logis Boulevard, Dandenong South VIC 3175

4 September 2023

1875-1878

1929-1930

1878-1880

1930-1933

1880-1881

1933-1936

1881-1882

1936-1937

1882-1883

1937-1938

1883-1884

1938-1941

1884-1885

1941-1944

1885-1889

1944-1946

1889-1891

1946-1947

1891-1893

1947-1950

1893-1897

1950-1952

1897-1898

1952-1953

1898-1901

1953-1955

1901-1904

1955-1957

1904-1906

1957-1959

1906-1907

1959-1961

1907-1908

1961-1964

1908-1909

1964-1966

1909-1910

1966-1968

1910-1912

Royal Brighton Yacht Club

REGISTER OF COMMODORES

F.G. Moule

A.T. Crick

W. Lynch

J.A. Linacre

F.G. Moule

A.T. Crick

W. Lynch

E.S. Finlayson

S. Masters

J.A. Linacre

F.G. Moule

A. McIntyre

T.S. Watts

F. Hutchison

P. Joske

C.R. Tadgell

S. Krone

A.C. Finlay

T.S. Watts

E.A. Franklin

P.J. Kitz

R.W. Farrow

J.W. Allet

C.J. Crone

A.P. Agg

E.A. Franklin

R. Moffat

C.E. Patience

H.H. Symonds

T.E. Hall

J.W. Allee

G. Stooke

W.S. Webb

J.H. Linacre

J.M. Corby

F.H. Moylan AM

P.P. Hedges

D.W. Bowers

V.R. Scales

1968-1970 F.D. Linacre

1912-1915 J.M. Corby

1970-1972 E.M. Macgregor

1915-1916 H.E. Hall

1972-1974 K.M. McBriar

1916-1918 J.A. Douglas

1974-1976

1918-1919

1976-1978

1919-1920

1978-1979

1920-1921

1979-1981

1921-1922

1981-1985

1922-1923

1985-1988

1923-1925

1988-1990

1925-1927

1990-1992

1927-1928

1992-1993

1928-1929

1993-1995

1995-1997

1997-1999

1999-2003

2003-2006

2006-2008

2008-2010

2010-2012

2012-2013

2013-2016

2016-2018

2018-2020

2020-2022

2022-

Chapman

Henry

Stead

Hall

Linacre

Douglas

Fuller

Murton

Currie

McIntyre

Davies

Finlayson

Robinson

Douglas

Twentyman

Leask

Ravell

Murton

Hearne

Johns

Luck

Gotze

Atkinson

Bingham

Spencer

Rowswell

Woodman

Woodward

Jackson

Pascoe

Strain

Hees

HONORARY LIFE MEMBERS

J.E. Bertrand AO (1983), B.G. Smethurst (1997), M.D. Turnbull OAM (2001), F.R. Pound (2015), S.M.Leaper (2016), M.A. Tedstone (2019), P.M. Austin (2021).

40 YEARS SENIOR MEMBERSHIP

(Record of members having attained 40 years of Senor Membership. Members are then listed again when they progress to 50, 60, 70, 80 years of Membership.)

G.R. Adams, J. Adams, R.H. Aitken, D. Allen, P.M. Austin,

N.G. Baker, G.C. Betts, J.L. Betts,

Past Commodore D.F. Bingham, A.L. Bond,

B.A. Bowden, A.P.H. Brown, R.W. Browne,

P.D. Bryan, B.K.G. Crossley, D.W. Currie, M.L. Dalton,

Past Commodore R.N. Davies, M.R. Dessau, J.E. Dick,

D.C. Dyring, B.D. Fairlie, B.G. Fairley, W.D. Fairley,

A.J. Fenton, G.D. Ferguson, J.M. Ferguson,

G.J. Geddes, E.J. Gowty, G.A. Grant, J.C. Harrison,

J.W. Hearle, D.C. Hutchings,

Past Commodore P.W. Jackson, R.A. Jepson,

Past Commodore P.M. Johns, P. Kane, B.J. Kibby,

L.B. Lansdown, Past Commodore W.M. Luck,

J.A. MacAdie, A.J. McBriar, K.B. McBriar, K.G. McColl,

G.J. McDonald, D.J. Meik, A.C. Merrett, J.E. Michaelis,

J.J. Miller, J.T. Mooney, K.R. Nankervis, R.A. Nankervis,

J.C. Needham, R.J.D. Oliver AM, W.A. Oxley,

K.J. Pearson, W.A. Pechan, A.J.B. Perkins, I. McP. Pitt,

A.J. Plympton AM, A.R. Poulton, F.R. Pound, J.N. Pound,

R.J. Pound, D.A. Prest, P.Y. Rattray, C.R. Rumberg, J.P. Ruddle, B.G. Smethurst, G.P. Stanway, J. Taylor, M.A Tedstone, W.F. Westerbeek, R.A. Whitelaw,

K.R. Wilson, M.R. Wilson, P.A. Wise, A.N. Witty, Past Commodore P.S. Woodman, Past Commodore A.A. Woodward, J.C. Wright.

50 YEARS MEMBERSHIP

J. Adams, C.R. Arendsen, M.A. Armstrong, P.M. Austin, G.C. Betts, J.L. Betts, A.L. Bond, B.A. Bowden, A.P.H. Brown, K.J. Caporn, N.F. Chapman,

A.L. Dorrington, R.J. Ekins, A.G. Evans, B.G. Fairley, W.D. Fairley, J.J. Fay, D.C. Hutchings, B.J. Kibby, L.B. Lansdown, D.F. Linacre, G.J. Linacre, A.J. McBriar, R.A. McBriar, G.J. McDonald, G.P. Mellody, A.C. Merrett, J.L. Mort, R.A. Nankervis, R.J.D. Oliver AM,

J.W. Paterson, K.J. Pearson, W.A. Pechan, H.E. Provis, C.R. Rumberg, B.G. Smethurst, G.P. Stanway, J. Taylor, D. G. Walker, S.L. Weber, W.F. Westerbeek, R.A. Whitelaw, M.R. Wilson, A.N. Witty, M.A.G. Woodland, Past Commodore P.S. Woodman, J.C. Wright.

60 YEARS MEMBERSHIP

R.H. Aitken, Past Commodore D.F.Bingham, R.W. Browne, P.D. Bryan, B.K.G. Crossley, M.R. Dessau, A.G. Evans, J.W. Hearle, R.A. Jepson, Past Commodore P.M. Johns, P. Kane, L.B. Lansdown, G.J. Linacre, A.C McBriar, K.B. McBriar, R.A. McBriar, K.G. McColl, J.J. Miller, I. McP. Pitt, A.J. Plympton AM, D.A. Prest, P.Y. Rattray, J.P. Ruddle, A.D.H. Walker, Past Commodore A.A. Woodward, J.C. Wright.

70 YEARS MEMBERSHIP

D. Allen, N.G. Baker, Past Commodore R.N. Davies, J.E. Dick, D.C. Dyring, D.J. Meik, J.C. Needham, W.A. Oxley, F.R. Pound, J.N. Pound, R.J. Pound, K.R. Wilson.

80 YEARS MEMBERSHIP

J.C. Harrison

Royal Brighton Yacht Club

148th Annual Report Season 2022-23

MEMBERSHIP

SENIOR

Royal Brighton Yacht Club

148th Annual Report Season 2022-23

MEMBERSHIP

Nigel

David

Marc

Tony 12-Nov-18 Mathew Vivek 16-Sep-22 May Christopher 5-May-22 McCallum Andrew 12-May-21 McCarl John 26-Mar-19 McGuigan Alexander 30-Nov-00

Julie 30-Oct-19

Stuart

Royal Brighton Yacht Club

148th Annual Report Season 2022-23

MEMBERSHIP

MEMBERSHIP

Royal Brighton Yacht Club 148th Annual Report Season 2022-23

MEMBERSHIP

Royal Brighton Yacht Club

148th Annual Report Season 2022-23

OBITUARIES (1/7/22 – 30/6/23)

Graham Bickford

Darren Eberhard

John Hart

Terrence Hill

Gary Liddell

Ian Mather

Jonathan McCready

Michael Read

Don Tibbits OAM

DRAGONS

148 DEJOKA

YACHTING ACHIEVEMENTS

Henrietta Mcrae

1st Viking Trophy (Dragons Beachcomber Spring Aggregate)

194 LYLA

1st E A Franklin Memorial Trophy

ETCHELLS

AUS1237 BLACK KNIGHT

1st Autumn Cup May Series

AUS0882 JUKES OF HAZZARD

1st Spooks Franklin – WC

AUS1141 MEN’S SHIRTS SHORT SKIRTS

1st Martin Scott Trophy

AUS1444 PLAYING AROUND 3

1st Cerberus Trophy

1st Frank Hall Trophy

AUS1011 STELLA

1st Footloose Trophy

1st Wayne Dixon Trophy (Etchells Season Aggregate)

AUS0865 TAMM HA TAMM

1st David Lawrence Christmas Cup

AUS1478 TRIAD2020

1st George Wyeth Trophy

KEELBOATS

B1771 ANDALUCIA

1st Ingénue Trophy, Cruising Div Season Agg. (PHS)

B71 ANOTHER CHAPTER

1st BLiSS Regatta, Associates up Combined Div (PHS)

Maia Hester

B2 BKT JAMHU

Phil Bedlington

1st Almeida Trophy, Div 1 Trophy Race – Medium Passage (AMS)

1st E B Green Trophy, Div 1 Trophy Race – Medium Passage (AMS)

1st G E Duncan Trophy (Cup), Combined Div Trophy Race (ORCc)

1st J. Bryan Linacre Family Cup, Combined Div Hearnes’ Heroes

Season Agg.

1st Les Fox Trophy, Combined Div Trophy Race (PHS)

1st Malta Cup, Combined Div Trophy Race (AMS)

Stuart Bloom

Brendon Jukes

Peter Stubbings

Peter Robson

Ian Crisp

Christian Boillot

John Bertrand

1st Angus McIntyre Cup (Victorian Range Series), Div 1 (AMS)

1st Series 1 Clive Hearne Shield, Combined Div (PHS)

1st Series 2 Clive Hearne Shield, Combined Div (Pursuit)

1st Series 4 Clive Hearne Shield, Combined Div (Pursuit)

1st Vega Award, Div 1 Season Agg. (AMS)

1st Worane Trophy, Medium Passage Div 1 (ORCc)

B25 FLYING FOX Paul Woodman

1st Edwards Cup, Div 2 Season Agg. (PHS)

1st Harvie Linklater Cup, Div 2 Trophy Race – Medium Passage (AMS)

1st Horrie Petley Trophy, (Tray) Div 2 Season Agg. (AMS)

1st Rock Bottom Marine Trophy, (Tray) Div 2 Trophy Race – Medium Passage (AMS)

1st Sam’s Bowl (Victorian Range Series), Div 2 (AMS)

1st Top Hat Trophy, Div 2 Trophy Race – Medium Passage (AMS)

B126 FOXY Geoff Perks

1st Costello Cup, Combined Div (Pursuit)

1st May Fleet Series, Combined Div (AMS)

1st Top Gun Trophy, Combined Div Hearnes’ Heroes Season Agg. (Best Start)

William Merritt

Julie Mckay

1st Briggs Marine Trophy (Bell), Combined Div Twilight Pursuit No

Extras Agg. (Pointscore)

B130 IT’S A PRIVILEGE Peter Strain

1st HMAS Goorangai Memorial Race, Combined Div Trophy Race (PHS)

B158 LONGBOW Brian Pattinson

1st W. G. Linacre Memorial Trophy

Royal Brighton Yacht Club

148th Annual Report Season 2022-23

YACHTING ACHIEVEMENTS

B34 MARTINIRACING 34

Tony Cuschieri

1st Rock Bottom Marine Trophy, Div 1 Trophy Race (Tray) – Medium Passage (AMS)

2110 MISTRAL

1st Summer Twilight – Pursuit

B2626 NEXT PAGE II

James Hodgens

Peter Forbes

1st Alan Robinson Trophy, Combined Div Trophy Race (PHS)

B407 PIZAZZZ

1st Series 3 Clive Hearne Shield, Combined Div (PHS)

T7021 PRESTO

1st Twilight Fleet

B1220 RELIANCE

1st Spring Twilight No Extras, Combined Div (Pursuit)

B26 REVERIE

MAJOR AWARDS

Singles Pool Trophy Glenn Norton

Doubles Pool Trophy Peter Coleman & Glenn Norton

Crusier Of the Year Rob & Sue Hurrell

Most Improved Crusier Rod Cuthbert

Ted Masur

David Prest

Terry Frankham

Alan Woodward

1st Brian Chapman Trophy, (Tray) Div 1 Season Agg. (ORCc)

1st Commodores’ Cup (Victorian Range Series), Div 1 (ORCc)

1st Gullett Cup, Div 1 Trophy Race – Medium Passage (PHS)

1st Valhalla Trophy (Tray), Div 1 Season Agg. (PHS)

B45 RUSH

1st May Fleet Series, Combined Div (ORCc)

B9 SERIOUS YAHOO

1st Bliss Regatta , Revelle Trophy

1st BLiSS Regatta, Combined Div (PHS0

B911 SUN KISS

1st Blizzard Fleet Series, Combined Div (PHS)

1st May Fleet Series, Combined Div (PHS)

John Paterson

Katie Holroyd

Laser Squadron Season Aggregate Uncomfortably Numb

VX One RBYC Season Champion XV348

2.4mR Season Aggregate Trophy AUS1010 Australia II.IV

Keith Storey Trophy (Dragons Season Aggregate) Amazing Grace

Wayne Dixon Trophy (Etchells Season Aggregate) Stella

Ingénue Trophy, DIV c Aggreagate PHS Andaluca

J. Bryan Linacre Family Cup – Hearnes Heroes BKT JAMHU

Vega Award (Brighton Championship 1st AMS) BKT JAMHU

Secours Trophy – DIV 2 ORC True Colours

Edwards Cup – DIV 2 PHS Flying Fox

Horrie Petley Trophy – DIV 2 AMS Flying fox

Brian Chapman Trophy (Brighton Championship 1st ORCc) Reverie

Valhalla Trophy (Brighton Championship 1st PHS) Reverie

Murray Erwin

B1587 THUNDER Anthony Garvey

1st Rock Bottom Marine Trophy (Tray), Cruising Div Trophy Race – Medium Passage (PHS)

6731 TRUE COLOURS

1st Secours Trophy, Div 2 Season Agg. (ORCc)

1st Series 5 Clive Hearne Shield, Combined Div (PHS)

1st Series 6 Clive Hearne Shield, Combined Div (Pursuit)

1st Spring Twilight Extras Fleet, Combined Div (PHS)

B310 WILD CHILD

1st Artemis Trophy, Combined Div (Pursuit)

Geoff Adams

Adam Stevenson Memorial Youth Encouragement Award Philip Cripsey

Phil Bedlington Award for Outstanding Achievement in Sailing at National & International Level Alan Woodward

J Herlein Award for Yachtsman of the Year Peter Coleman

John Crosbie Memorial Trophy for Clubman of the Year Paul Jackson

Commodore’s Award Wayne Seaward

Margaret Neeson

1st B Class Trophy, Div 2 Trophy Race – Medium Passage (PHS)

VX ONE

348 XV

1st VxOne Season Championship

1st Christmas Cup

1st May Series

Adastra B888

Mr David Allnutt

Adios B46643 Mr Robert Whitelaw

Alex Team MacAdie SM1400 Mr Jock MacAdie

Amazing Grace DA176 Mr Charles Stanton

Andalucia B1771

Anjie

Another Chapter B71

Anxs B409

Aurora B83

Mr William Henry Merritt

Mr Simon Saint-John

Mr Neil Sargeant

Mr Andrew Mason-Jefferies

Mr Raymond Charles Smith

Australia II.IV AUS1010 Mr Peter Coleman

Be And Be

Belisha B5878

Birubi 5 1/2 ON862120

BKT Jamhu B2

YACHT REGISTER

Fortitre AUS48 Mr Malcolm Ware

Foxy Lady B126 Mr Geoffrey Alan Perks

Franjelis B64 Mr Graeme Cooper

French Bred B470 Mr Timothy Hosking

G Get Smart B99 Mr Robert Lichter

Go Farr 2 B5351 Mr Stephen Bryce Thistlethwaite

H

Mr Geoffrey Nuttall

Mr Simon Blake

Mr Paul Tadich

Past Commodore Paul Jackson

Black & Tan LJ341 Mr Ilya Zolin

Black Knight AUS1237 Mr Stuart Bloom

Blaun Away B445 Mr George Blau

Blue Ribband B1121 Mr Michael Turnbull

Blue Water Tracks B1

Bond, James Bond AUS007

Caledonia B818

Cartouche B10

Casablanca

Catalina MG832

Cavarlo B779

Chole B91

Mr Grant Dunoon

Mr Patrick Purcell

Mr Paul Jenkins (Caledonia)

Mr Steven John Fahey

Nicola Haw

Mr Jonathan Elam

Mr Louis Beau Irving

Mr David Grealish

Coco B360 Dr Lindsay Cormie

Concordia ??? Mr Brett Leslie Graham

Cyan Moon B47 Mr Wayne Seaward

Dame Patty AUS2

Dejoka AUS148

Mr Josh Stuchbery

Ms Henrietta McRae

Digger AUS38 Mr Neil Patterson

Handful Of Wind B5 Mr Lech Banasik

Hartbreaker B330 Dr Antony Selwyn Walton

Helter Skelter B521 Mr Iain Andrew McCoy

Horizon B289 Mr Clark Forbes

I

Inside Edge B340 Mr Andrew Phillips

It’s A Privilege B130 Past Commodore Peter Maxwell Strain

J

Jaffa R39 Mr Nicholas Stacy McGuigan

Jayhawk 7335 Mr Paul Dove

Jeanneau Sun Odyssey 42 Mr Tony Cuschieri

Jimidog2 WM436 Mr Pierre Kouvelis

Joan Ellen B548 Mr Jack Hennessy

Joey AUS34 Mr John Cuthbert Collingwood

Johelaw B335 Mr John Bransgrove

Joint Venture B7101 Mr Bretlyn Brown

Jorji B879 Ms Maja Babic

Jukes Of Hazard AUS882 Mr Brendon Paul Jukes

Just 4 Today DB565 Mr Lyon

Just Chillin B367 Mr David Morrell

K Karma Daze Mr Rodney Lee Doddridge

Kavenga Mr Peter Julian Bartels

Kicking Goals AUS218 Mr Thomas Van Donkelaar

Kingurra B23 Mr Ian Macfarlane

Kirra Kirra Dr John Walker

L

DIVA B709

Mr Douglas Linacre E

Elegance

Elektra 1 RB257

Mr Nick Knezic

Mr Michael Landy

Emilou AUS43 Mr Raymond Charles Smith

Encore B173

Etchellente AUS1048

Every Spare Moment B85

F

Fairway Eagle LM446

Farrcical B1020

Favourite Child

Mrs Rosemary Colahan

Ms Karen Johns

Mr Simon Murphy

Mr Ashley Wikman

Mr Peter Coleman

Mr Steven Etches

Filiae AUS006 Mr Robert Watt

First Class JG543

Flying Fox B25

Alexey Rudakov

Past Commodore Paul Woodman

Formula VXOne -356 356 Mr Michael O’Connor

Lady Godiva B7766 Mr Paul Peter Ferla

Lena B98 Mrs Miriam Cherry

Leopard Mr Pard Tan

Little Tim Mr Richard Doedens

Loki AUS8448 Mr Adrian Fitzpatrick

Longbow B158 Mr Brian Pattinson

Looking Good II B20A Mr Howard Meltzer

Looking Good II B20 Mr Howard Meltzer

Luann Mr Michael Hensler

Lyla KA194 Mr Mark Woodland

M

MAC 2.4

AUS019 Mr Ryan Epstein

Mary Doone Mr Michael Paul Rigg

Menace XI AUS890 Mr Nicholas Chapman

Mens Shirts Short Skirts AUS1141 Mr Peter Stubbings

Merdeka Mr John Pruzanski

Mid Gybe Crisis AUS1277 Mrs Niesje Hees

Royal Brighton Yacht Club

148th Annual Report Season 2022-23

YACHT REGISTER

Boat Name Reg. Owner(s)

Mirrabooka B429

Mirrabooka VI H58

Past Commodore David Bingham

Mr Torval Jensen-Muir

Mistral AUS2110 Mr David Carew

Moana B1545 Mr Ziya Liu

Moonshadow

Mr Mark Sherwood

My Happy Place B6169 Mr Kenneth Christensen

N

Nimrod II B3001 Mr Peter Gebhardt

Norma Jeane

Nothing Too Serious B673

P

Pace Maker B353

Pangaea B41

Mr Barry Tanner

Mr Christopher Arnold

Mr Wayne Seaward

Mr Alan Nankervis

Pedro 2 AUS1366 Mr Mark Woodland

Peregrine

Mr Matthew Harris

Phoenix B1257 Mr David Meik

Pizazzz B407 Mr Ted Masur

Playing Around III AUS1444 Mr Peter Robson

Presto B7021 Mr David Prest

R

Rambler SY481 Shirley Qian

Rampant B3600

Rebel SA495

Reliance B1220

Republica B8188

Resurgence

Reverie B26

Robertson 34 UI320

Rocky AUS808

Rush B45

S

Sagred

Sakima B6534

Schuss B63

Second To None B220

Semisailor B53

Mr Peter Dee

Mr Brett Leslie Graham

Mr Terence Miacheal Frankham

Mr Ignazio Parolini

Mr Eddie Mutto

Past Commodore Alan Woodward

Mr John Bundy

Mr Sean Hogan

Mr John Paterson

Mr Michael Martin Krutsch

Mr James Mahoney

Mr Denis McConnell

Mrs Nola Walch

Mr Geoff Kelly

SENIO B103 Mr Julien Reipert

Serendipity B440 Mr Gregory Wayman

Serious Yahoo B9

Mr James Stanley Heywood

Shalom AUS1129 Ms Celia Dymond

Shoot The Breeze YC190S Mr Jonathon Wood-Freeman

Slinky Malinky MSV12613

Mr Gordon Syme

Solitaire B3031 Kate Duke

Sophistique B502

Mr Richard Johnson

Southern Cross AUS12 Mr Gary Bunyard

Southern Princess Mr Bruce Barron

Squeeze Box AUS32 Mr Glenn Norton

Stella AUS1011 Mr Ian Crisp

Sun Kiss B911 Mr David Spencer T

Tabasco R90 Mr Stuart Tamblyn

Tai Tam

Mr Jeremy J W Cooper

Tamm Ha Tamm AUS865 Mr Christian Boillot

Tango AUS1443 Mr Christopher Raymond Hampton

That’s Life AUS1399 Mr Ian Crisp

The Sting B185 Mr Gerhard Scherwinski

Thunder B1587 Mr Anthony Garvey

Tiddler 130 Mr Andrew James Woolf

Too Easy B117 Rachael Woodham

Triad 2020 AUS1478 Mr John Bertrand AO

True Colours 6731GFS Mr Geoffrey Raymond Adams

True Love 2 AUS1162 Mr Richard Stephens

U

Ulu Mr John George Khoury

Under Capricorn B120 Mr Bruno Carreto

Vendetta AUS757 Mr James Bacon

Veronique B161 Mr Jeremy Goad

Victorias Other Secret-279 279 Mr Jan Talacko

Viking AUS1274 Mr Travis Bloom

VIM AUS28 Mr Glenn Ferguson

Walk On Water AUS1025 Mr Glenn Norton

Warringa Mr Tim Boucaut

Whitewash AUS14 Mr Mark Seager

Why Knot C1972 Mr John Rundell

Wild Child B310 Mrs Margaret Neeson

Windward Spirit. B425 Mr Matthew Redgrove

Y Knot B1110 Mr Craig Hall Walton

Yachtmaster B11 Mr Gordon Syme

Zephyr AUS747 Mr Gary Bunyard

POWER BOAT REGISTER

Admiral Grumpy RB20

Royal Brighton Yacht Club

Adria Mr Nick Knezic

AlexGillon QH595 Mr Alexander Gillon

Andrew Poulton RB42 Royal Brighton Yacht Club

Appreameare R0651 Mr Avner Klein

Avon Paterson RB62

Royal Brighton Yacht Club

Axopar VN497 Mr Andrew John Stott

Bayliner TR672

Bayliner 285

Alaeddin Demirdes

Mr Alexandros Bromidis

Bertram 31 UI842 Mr Christopher Sand

Buster TJ965 Mr Geffrey Gilbert

Butan HR328Q Mr Jason Higgins

C

Champagne Time RB35 Mr Tony Fenton

Chaparral - Webster PZ500 Mr Ross Victor Webster

Chapparel UK390 Mr Peter Stuchbery

Cruise Control DG842 Mr Lance Compton

F

Firebrand RH43 Mr Andrew Duncan McCowan

Flybridge Mr Shane Cahill

G

George McCallum RB22 Royal Brighton Yacht Club

Grazia WI472L Mr Steven James Parry

HALCYON AH1513N Mr Rod Cuthbert

Harry Tedstone RB1

Royal Brighton Yacht Club

Horto 5 Mr Louie Hortomaris K

Koshka RB68 Mr Peter Chan

L

Little Gem

Simone Garusi

Lynx Mr Nigel Derricks

Maco 2.0

PQ393 Mr Andrew Lawton Cox

Monterey 270 VJ506 Mr Peter Bakirtzies

Monterey 270 CR NP834 Mr Paul Mizzi

Murray C SL549 Royal Brighton Yacht Club

Nimbus 9 VN772 Ms Kathryn Page

Papavero Mr Ben Jowett

Pepe JU408 Mr Joseph Ensabella

Peter Reid RB61 Royal Brighton Yacht Club

Rat Race RB4 Mr Peter Rattray

RB2 RB2 Royal Brighton Yacht Club

RB9 RB9 Royal Brighton Yacht Club

Redeemer RB8 Royal Brighton Yacht Club

Reimroc RB100 Mr Nicholas Chapman

Riveria Sudee SZ761 Mr Daniel Green

Ruby Rose V783383 Mr James Pattinson

Sea Ray 315 NA963 Mr David Brodrick

Skye SQ731 Mr Paul Phillips

Sue Leaper RB23 Royal Brighton Yacht Club

Terry M RB41 Royal Brighton Yacht Club

WooHoo Mr Julian Mark Pearson WORLD CAT TE690 TE690 Mr Chris Dimopoulos

340 Sundancer C22 Mr Stephen Lawrence