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Gymnastics Victoria

Annual Report

2014Gymnastics

for AllMen’s

ArtisticWomen’s Artistic Rhythmic Aerobic Trampoline Acrobatic Cheerleading

To promote, develop and grow gymnastics in an inclusive, fulfilling and safe environment

Our Team......................................................................................................................................4

Technical Committees .........................................................................................................6

Gymnastics Events Team....................................................................................................7

Affiliated Clubs .........................................................................................................................8

ExecutiveChair’s Report .........................................................................................................................10

Life Members..........................................................................................................................12

Chief Executive Officer Report ....................................................................................13

Finance Report ......................................................................................................................16

GymsportsMen’s Gymnastics ................................................................................................................18

Women’s Gymnastics ........................................................................................................20

Rhythmic Gymnastics .......................................................................................................22

Aerobic Gymnastics ...........................................................................................................23

Trampoline Gymnastics ...................................................................................................24

Acrobatic Gymnastics .......................................................................................................25

Victorian State Teams ........................................................................................................26

ServicesThe Gymnastics Foundation .........................................................................................32

Gymnastics Development .............................................................................................34

Events & Marketing ............................................................................................................36

Family Ball & Awards Night ............................................................................................38

Workforce .................................................................................................................................40

BusinessFinancial Statements .........................................................................................................41

Statement by members of The Board ....................................................................54

Independent Audit Report ............................................................................................55

Auditor’s Declaration .........................................................................................................56

Table of Contents

Fatema Qurbanzada from YMCA Endeavour Hills, in Endeavour Hills Victoria

Our VisionEnriching lives through gymnastics

Our MissionTo promote, develop and grow gymnastics in an inclusive, fulfilling and safe environment

Our Priority CommitmentsGymnastics Victoria shall achieve our mission by addressing these strategic priorities:

Engage & Enthuse: we will increase participation, retention and encourage the community to embrace gymnastics.

Enable: we will strengthen the pathway for participants in all Gymsports with quality coaches, judges, administrators and volunteers by working with clubs, schools and other stakeholders.

Excel: we will support and develop each Gymsport to increase success at regional, state, national and international events.

Endure: we will work with our clubs, schools, Gymnastics Australia and stakeholders to ensure a sustainable governance and business model for Victoria.

Our Values Guide UsGymnastics Victoria is keen to achieve these priorities by embracing Gymnastics Australia’s values:

Excellence: we promote a performance culture with a focus on fulfilment through a commitment to innovation, flexibility and continuous improvement.

Leadership: we will provide strong leadership and effective management and will work closely with our clubs, schools and other stakeholders to ensure that we provide a positive experience for all.

Teamwork: we provide support to one another, working cooperatively, in unity and with open and effective communication to make our environment safe, inclusive, and fun in achieving our shared vision for the growth and development of gymnastics.

Respect: we recognise, encourage and value the contributions all people make to the sport of gymnastics, respecting one another’s views, treating them with dignity and consideration in a similar way as we would like to be treated.

Integrity: we are committed with our stakeholders to ensuring a strong reputation for the integrity of gymnastics by maintaining the highest standards of ethical and fair behaviour.

OUR CHARTER

Board of ManagementChair: Michael O’Neill

Deputy Chair: Clare Hanlon

Director: David Hill

Director: David Talalla

Director: Tanya Johansen

Director: Nick Thornton (to 27 Feb 2014)

Director: Anthony Johnston (from 27 Feb 2014) (Finance & Risk Committee Chair)

Director: Sarah Reid (to 1 May 2014)

Director: Alistair Edgar (from 1 May 2014)

Director: Julie Sarll (to 30 Oct 2014)

Director: Skev Seremetis (from 30 Oct 2014)

StaffChief Executive Officer Jamie Parsons

Gymnastics Development Manager Alison LyonsGymnastics Development Coordinator (Education) Nastashia BuckGymnastics Development Coordinator (Inclusion) Kerry TavrouGymnastics Development Officer (Inclusion) Genevieve Gibson

Events & Marketing Manager Jacqui GodfreyEvents & Volunteer Coordinator Cathy LorenzinEvents & Logistics Officer Carolyn JonesMarketing & Communications Officer Megan Smith

Business Operations Manager Brad Edwards (from January 2015 Alan Mackinnon)Finance Co-ordinator Lyly PohGymnastics Services Officer Samara Cowie (to August)

Gymnastics Services Officer Jen Le Gry’s (from September)

WAG High Performance Program - Head Coach Mikhail Barabach (Victorian Institute of Sport)WAG High Performance Program - Senior Coach Tracey Penaluna (Victorian Institute of Sport)WAG High Performance Program - Women’s HPC Program Coordinator Kathy RouchWAG High Performance Program - Senior Development Coach Lisa BradleyWAG High Performance Program - Senior Development Coach Derek MayWAG High Performance Program - Senior Development Coach Meagan O’ConnorWAG High Performance Program - Junior Development Coach Stacey TaylorWAG High Performance Program - Junior Development Coach Melissa SkewesWAG High Performance Program - Junior Development Coach Zoe LorenzinWAG High Performance Program - Junior Development Coach Alona Kvasha

MAG High Performance Program - Program Manager/Head Coach Greg CorsigliaMAG High Performance Program - Men’s HPC Program Coordinator Marcia Corsiglia MAG High Performance Program - Assistant Men’s Head Coach in charge of Junior Program Anthony WestonMAG High Performance Program - Senior Coach Leon RadchenkoMAG High Performance Program - Coach Arthur VoulgarisMAG High Performance Program - Coach Shachar TalMAG High Performance Program - Coach Shashwat Patel

OUR TEAM

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Gymnastics Victoria Annual Report 2014

Sponsors and SupportersVicHealth

State Government of Victoria

Swinburne University

Melbourne Polytechnic

GK Elite Sportswear

Chalk Gymnastics Wear

Ezidebit

Park Regis Hotel

PartnersGymnastics Australia

The Gymnastics Foundation

2XU

3rd Level Consulting

HR Plus

Think Productions

Janssen Fritsen Australia

Victorian Institute of Sport

Victorian Olympic Council

Victorian Commonwealth Games Association

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TECHNICAL COMMITTEES

Men’s GymnasticsPaul Thanas – Technical Director

Greg Corsiglia – Coaching Coordinator

Brad Mannix / Duncan Myers – Judging Coordinator

Duncan Myers – General Member

Anthony Weston – Events Coordinator

Marcia Corsiglia – Minutes Secretary

Arthur Voulgaris – General Member

Aaron Thanas – General Member

Christos Voulgaris – General Member

Acrobatic GymnasticsWendy Treble – Technical Director

Jessica Larson – Coaching Coordinator

Julie De Jong – Judging Coordinator

Alan Keating – Events Coordinator

Janine Coates – General Member

Jodi Mathieson – General Member

Women’s GymnasticsSue Synnot – Technical Director

Glenn Evans – Coaching Coordinator

Suzanne Cowdell – Judging Coordinator

Helen Chamberlain – Events Coordinator

Stacey Weston – Minutes Secretary

Gordon Draper – General Member

Simone Greig – General Member

Tracy Horton – General Member

Rachel Barton – General Member

Aerobic GymnasticsVicki Henty – Technical Director

Jenna Flack – Coaching Coordinator

Joanna Murphy – Judging Coordinator

Kerryn Cormick – Events Coordinator

Tracey Vaughan – Minutes Secretary

Caitlin Shipsides – General Member

Lana Roden – General Member

Britt Portelli – General Member

Rhythmic Gymnastics Sharyn Kemp – Technical Director

Emma Tankovich – Coaching Coordinator

Sandra Button – Judging Coordinator

Susan Patrick – Events Coordinator

Katryna Logachova – Minutes Secretary

Claire Nolan – General Member

Phillippa Barrow – General Member

Joan Duquemin – General Member

Catroina Cameron-Martin – General Member

Trampoline GymnasticsJennifer O’Connor – Technical Director

Sarah Hiesler – Coaching Coordinator

Louisa Phillipson – Judging Coordinator

Marian McGrath – Events Coordinator

Sophie Swain – Minutes Secretary

Adrian Wareham – General Member

Mark Nimmervol – General Member

Emma Carmody – General Member

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Victorian Technical Committee Events RepresentativesAnthony Weston - Men’s Gymnastics

Helen Chamberlain - Women’s Gymnastics

Sue Patrick - Rhythmic Gymnastics

Kerryn Cormick - Sport Aerobics

Marian McGrath - Trampoline Gymnastics

Alan Keating - Acrobatic Gymnastics

Event ExpertsAde Foster - Announcer

James Devlin - Announcer

Ian McBain - Technical and IT

Anthony Weston - Logistics Manager

Event Medical TeamDr. Don McIntosh (Team Leader)

Dr. Kathy Yu

Kylie Andrew

Michelle Bourke

Wendy Braybon

Anna Byrne

Jenny Candler

Melanie Cousins

Cathy Derham

Phil Francis

Olivia George

Penny Gillett

Ashlee Hayes

Jenny Higgins

Leigh Howlett

Fiona Jacobs

Sally Joustra

James Karageorgiou

Rosie McCaughney

Kate McGillivray

Beth Neyland

Rosie Noke

Lisa Stevens

Kylie Thomas

Aimee Turner

Ann Wu

Event Duty ManagersFelicity Cowdell

Karen Daniel

Julia Fitzsimons

Jessica Haintz

Ilianna Hizhnikov

Alan Keating

Zoe Lorenzin

Rebecca Robertson

Amanda Rodgers

Tim Smith

Georgia Wheeler

GYMNASTICS EVENTS TEAM

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Ace Gym SportsAcrofun Aerodynamic Aerobic GymnasticsAerosport Allstars Ararat & District Gymnastics ClubBalance Gymnastics Banyule YMCA Gymnastics ClubBayside Gymnastics Club Belle EtudesBenalla & District Gymnastics Club Bentleigh McKinnon Gymnastics ClubBillanook College Blue Lake Gymnastics ClubBOUNCEinc Brighton Recreational Centre Gymnastics ClubBTYC Gymnastics BUGS GymnasticsCarey Gymnastics Club Chamford Gymnastics ClubCheltenham Youth Club Dolphin Gymnastics ClubEast Gippsland Gymnastics Club Eastern Gymnastics ClubEclipse Gymnastics Energetic GymnasticsEssendon Keilor Gymnastics Academy Eureka Gymnastics ClubFighting Lyons Fishermen’s Bend Gymnastics ClubFlip 4 Fun Flipping FitFlyaway Gymnastics Footscray City Gymnastics ClubFuntastic Gymnastics Geelong YMCA Gymnastics ClubGlen Iris Gymnastics Glitz Gymnastics AcademyGoldfields Gymnastics Grips GymGym Monkeys Gymnastics Unlimited Aust. Ltd.GAME Hamilton & District Gymnastics ClubHealesville Gymnastics Club

Highett Youth ClubJets Gymnastics Jets Gymnastics BendigoJets Gymnastics Gisborne Jets Gymnastics SheppartonKaygees Gymnastics Club Knox Gymnastics ClubKoala Gymnastics Club Leongatha Gymnastics ClubLifestyle for Kids Loreto Gymnastics ClubMaffra Gymnastics Club Mansfield Gymnastics ClubMelbourne Girls College Melton Gymnastics AcademyMildura Gymnastics Club MLC GymnasticsMonash University Trampolining Moonee Valley YMCA Gymnastics ClubMordialloc Gymnastics Club Mornington Youth ClubMorwell Academy of Gymnastics Mountain Districts Gymnastics ClubMoyhu & District Youth Club Natimuk & District Gymnastics ClubNiddrie Gymnastics Club Notting Hill Community Youth ClubNunawading Gymnastics & Sports ClubOmega Trampoline Sports ClubOuyen Gymnastics Club Palmer’s GymPatterson Lakes Community Centre GC Peninsula GymnasticsPIT Gymnastics Portland Gymnastics ClubPrahran Rhythmic Gymnastics Rebound Sport AerobicsResilience Gymnastics Club Ruyton Gymnastics ClubSapphire Coast Academy Skylark SportsSt Helena Secondary College St Patrick’s College GymnasticsStawell Gymnastics Club Strathcona Rhythmic Gymnastics Club

Sunbury Gymnastics Club Swan Hill Gymnastics ClubTwisters Gymnastics Club Ulinga Gymnastics ClubVictorian High Performance Centre Warragul Gymnastics ClubWarrnambool Springers Gymnastics Waverley Gymnastics CentreWerribee Gymnastics Club Wesley Lions Gymnastics ClubWestern Port Gymnastics Wildcats Gymnastics IncWiz Kids Kinder Gym Woodleigh SchoolYMCA Endeavour Hills YMCA Gymnastics Ballarat

AFFILIATED CLUBS

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After a year of considerable change for Gymnastics Victoria (GV) in 2013, the Board was looking forward to a more stable year in 2014 under our new Chief Executive Officer (CEO), Jamie Parsons. At the commencement of the year, the Board confirmed the strategic objectives for 2014 based on the key themes of consolidation and growth. Our major focus areas for 2014 were:

• Developing a culture of customer service and improving our reputation with clubs and members

• Continuing to run high quality gymnastics events

• Increasing the number of judges and coaches by providing more education courses of higher quality

• Acting as a model organisation for inclusion and influencing more clubs to become more inclusive

• Supporting our own High Performance Centre and other high performance clubs to excel at local, national and international events

• Improving our financial performance and growing our financial reserves.

I am very pleased to report that most of our objectives were achieved. In terms of highlights, the Annual Club Satisfaction Survey showed a significant increase in the satisfaction of clubs with GV and this was a key factor in supporting membership growth of almost 7% during 2014, including a strong increase in the number of clubs wanting to affiliate with GV. Our financial reserves also improved significantly in 2014 due to a considerable surplus which was largely attributable to a strong focus on cost management from the executive team. This enabled GV to keep 2015 member affiliation fees at the same level as 2014.

The past year saw several changes at Board level. I was very privileged to be elected as Chair of the Board in early 2014 as part of a succession plan to enable Julie Sarll, our long running President, to step down from the Board later in the year (October). Julie’s role on the Board was filled by Skev Seremetis, who comes to us with a strong commercial background in marketing and sales leadership. Nick Thornton, another long standing Board Member and previous Chair of the Finance Committee, also stepped down in 2014, to be replaced by Anthony Johnston. Anthony brings a wealth of finance and risk experience from a diverse executive background and has taken on the role of Chair of the newly formed Finance & Risk Committee. Sarah Reid did not seek re-election to the Board at the 2014 AGM and was replaced by Alistair Edgar, who is well known to the gymnastics community and has a wealth of experience across gymnastics administration, club management and high performance. Thanks also to Sarah for her great contribution to the Board. Our three new Board Members are already making a strong contribution and I look forward to their ongoing involvement in the years to come.

On behalf of the Board and the gymnastics community I would like to extend a special thanks to Julie Sarll and Nick Thornton for their contribution to GV. Both Julie and Nick provided great leadership to the Board and to the organisation for 10 years and 7 years respectively. Our organisation is better for having their dedicated involvement and we are extremely indebted for their contribution.

During 2014, the Board undertook its first Board evaluation, undertaken independently by the Australian Sports Commission. This evaluation reflected favourably on GV relative

CHAIR’S REPORT

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to similar sporting organisations and also provided the Board with a few key areas of focus for 2015 including development of our risk framework, improvement in policy documentation and succession planning for the GV CEO and key staff.

In conclusion, it is clear that gymnastics is thriving in Victoria and I would like to thank our clubs, gymnasts, coaches, judges, volunteers, parents, sponsors and partners who enable the sport to continue growing. Special thanks must go to the Board who are a talented and dedicated

group and who provide great support to GV CEO Jamie Parsons and to myself as Board Chair. Finally, thanks to Jamie and the GV staff who have made 2014 a great success and who continue to strive for excellence in everything they do. Roll on 2015!

CHAIR’S REPORT(Continued)

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Patron: Murray Chessell

Life MembersMr James E Barry AM MBE

Mrs Val Beitzel (dec)

Miss Joan Caelli (dec)

Mrs Lee Caelli AM (dec)

Mr J Carey (dec)

Mrs M Carey

Mrs Helen Chamberlain

Mrs Barbara Cunningham

Dr W D Curtis (dec)

Mr R J Curtis (dec)

Mr Gordon Draper

Mrs Joan Duquemin

Mr A Frank (dec)

Mr Graeme Heath (dec)

Mr John Higgins

Mr Jim Jack

Mr Michael Johnson *

Dr Don McIntosh

Mrs Toni Myers

Mr Andrew Newman Morris *

Mrs Sally Newman Morris *

Ms Emaleigh Nimmervoll *

Mrs Shirley Reid

Mr Ralf Schenk *

Mrs Jan Smart

Mrs Carole Sussman (dec)

A/Prof Geoff Sussman OAM

Mr George Tatai

Ms Lisa Taylor *

Mr Phil Teare

Mr Adrian Wareham *

Mr David Wareham *

Mrs Marion Wareham *

Mrs Jill Wright

* denotes Trampoline Sports

LIFE MEMBERS

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Our mission ‘to promote, develop and grow gymnastics in an inclusive fulfilling and safe environment’ continues to provide the focus for GV and drives us to provide world class services to our members.

Gymnastics in Victoria continues to grow and is outstripping almost every other major participation sport in Victoria for growth in registered participants. This a great testament to the people involved in gymnastics including gymnasts, their families, club

committees, owners, coaches, judges, volunteers, Technical Committees.

Strategic planAt the commencement of 2014 the GV Board set the 2014-2016 Strategic Plan. A change in staffing structure to align with the strategic objectives was finalised. Almost all targets were reached or exceeded. The following chart provides some of the key objectives achieved:

CHIEF EXECUTIVE OFFICER REPORTCEO, Jamie Parsons

2014 OBJECTIVE 2014 KPI 2014 OUTCOMEEngage and Enthuse Increase Participation Numbers 7% 6.71%

Communicate with Clubs 50%100% clubs communicated with600 club visits (up from 80 + club visits in 2013)

EnableDevelop a marketing campaign to promote the Gymsport pathway

50% of clubs use campaign

82% of clubs distributed pathway

Increase the number of qualified coaches

5% 21%

Increase the number of qualified judges

5% 7%

ExcelIdentify additional income models 5% increase 250%+ increase

Increase number of Victorians in national teams for MAG and WAG

30% 70%

Endure

Develop a club support program 25% uptake

88.5% satisfaction rating (up from 62.5% in 2013)20 clubs so far undertaken plan8 new clubs in 2014

Examine alternate membership models

Participate in GA review

Review continuing0% member fee increase in 2015A more commercial approach

Ensure financial reserves$50,000 increase

$200,000+ achieved

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At the end of 2014, the Board reviewed the current strategic plan and re-set the objectives for 2015-16 that are currently available on the GV website.

A customer service focussed organisationIn 2014, GV significantly increased service delivery to members and did so with reduced membership fees, a new staffing structure, and with the aim of delivering world’s best services for our members.

This customer service focus will continue to strengthen into the future.

ClubsClubs are the backbone of gymnastics in Victoria. Each has its own culture, ethos and approach. With a mix of 8 gymsports and varying governance structures, each club provides a wonderful program of gymnastics in their communities.

Eight new clubs joined GV (with another 9 in 2015). Our ability to compete for family time against other sports and activities has never been more important as our ongoing growth is showing we are doing it better than almost every other major sport.

Board, Technical Committees and Working GroupsThe GV Board, Technical Committees and other Working Groups have generously volunteered their time and experience to assist the organisation and we would not be able to achieve what we do without their guidance and passion. As an organisation we are extremely fortunate to have the level of professional skills and experience that we currently enjoy on our Board and Committees.

The Technical Directors and Technical Committees continue to do an outstanding job. The time, effort and passion of these people can not be underestimated. I look forward to continuing to work with them.

PartnersGV extended our list of partners. Our partners are a critically important part of the success of gymnastics in Victoria. We would like to thank VicHealth, State Government of Victoria, Melbourne Polytechnic, Swinburne University, GK, Chalk and Gymnastics Australia who were all very important to GV continuing to develop as an organisation.

GV and our affiliated clubs have been recognised for their hard work and commitment to competitive gymnastics, increasing participation and creating welcoming and inclusive clubs and environments for everyone in the community.

In 2014, GV was recognised as a leader in sport development by winning the 2014 Victorian Sport Award (Best Sports Development Initiative by an Affiliated Vicsport Member) and the 2014 Disability Sport and Recreation (Inclusive Initiative of the Year) Award for the Inclusive Club Guidelines. Gymnastics clubs in Victoria won a number of awards this year, such as Maffra Gymnastics Club winning the 2014 VicHealth Award in the category of ‘Building Health through Sport’.

We would also like to thank the Victorian Institute of Sport, Janssen & Fritsen (AMCO), Think, 2XU, 3rd Level Consulting, The Gymnastics Foundation and HR Plus for their ongoing support.

At the start of 2015 we welcomed two new sponsors to GV – EziDebit and our official GV Hotel Park Regis and we look forward to our ongoing relationship.

CHIEF EXECUTIVE OFFICER REPORTCEO, Jamie Parsons (Continued)

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FinancialThe financial outcome in 2014 was very pleasing and testament to the changes in the organisation and the high calibre of our staffing team. After a significant loss in 2013 we were able to turn that around with a strong emphasis on financial control and expanding and diversifying our revenue generating activities.

GV appointed Deloitte Australia as our new auditors in 2015. Their professionalism and thorough approach has assisted us to strengthen our financial system for the future.

Government support continues to grow, our commercial capability is strengthening and with increasing financial reserves we have the foundation for an organisation that reduces its reliance on traditional membership registration fees. By the end of 2015, we will have seen a significant reduction in average participant fees per member. At the same time our organisational reserves will have grown.

Thank youThank you to everyone who has contributed to GV in 2014. We look forward to continuing to serve our more than 40,000 members and 110 clubs.

A special thank you to the GV Board whose guidance and support has been invaluable to the development of Gymnastics in Victoria and in particular, Michael O’Neill who as the Board Chair provides outstanding leadership for our sport.

Finally thank you to our passionate and wonderful staff whose commitment and passion for gymnastics has been outstanding. Our senior management team in 2014 of Jacqui Godfrey, Alison Lyons, Brad Edwards and Greg Corsiglia all contributed an enormous amount during the year and provided the leadership to ensure a successful 2014. In 2015, we also welcomed Alan MacKinnon, Finance and Administration Manager, who has already proved to be an invaluable resource to our sport.

I am looking forward to the future and Gymnastics in Victoria continuing to grow.

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Following a year of significant organisational change in 2013, the past year has been one of consolidation for GV. In our Finance Report last year we advised that the various changes undertaken during the year had strengthened GV despite the deficit recorded for the year. I am pleased to report that GV has returned to a stronger financial performance in 2014, recording a surplus of $244,239, compared to a deficit of $138,961 in 2013. The excellent result was generated through a solid increase in revenue and a strong focus on cost management. Notwithstanding the excellent financial performance in 2014, when comparing the result with 2013 it should be remembered that the 2013 result was negatively impacted by a number of one off costs.

While the revenue growth of 3.8% was pleasing in a challenging environment, of greater significance was the work commenced in 2013 and continued in 2014 to diversify GV’s income streams and reduce reliance on membership fees. While membership numbers increased strongly in 2014, fees in real terms have reduced per member over the past two years, resulting in relatively flat membership fee income in 2014. During the year there was a re-orienting of income streams to Events (a reflection of an increase in gymnasts at GV events) and Workforce Development. With the implementation of the new coaching framework during 2013, additional coaching courses were implemented in 2014, resulting in an increase in course income. In addition, GV’s focus on continuing to strengthen its relationships with Government and non-Government partners resulted in an increase in funding from Government sources.

In the Finance Report last year we commented that deficit outcomes are not sustainable and outlined the Board’s commitment to building the financial reserves of GV. It is therefore pleasing to report a 6.9% reduction in expenditure in 2014. Management should be congratulated on its strong cost management focus while still being able to deliver enhanced services to our members. In 2014 GV realigned its organisational structure to better match the needs of the gymnastics community and following a restructure early in 2014 there were staff savings across a number of areas of the organisation. Other operational cost savings over the year included event delivery, office expenses and information technology. While cost management will continue to be a focus, it is not expected the magnitude of cost savings achieved in 2014 will be repeated in 2015.

It is pleasing that the stronger 2014 performance has enabled the Board to provide a tangible benefit to our members through a zero increase in 2015 membership fees.

Through the vastly improved financial performance in 2014 GV has been able to rebuild its equity position from $222,092 to $466,331, going some way to restoring appropriate reserves in line with industry practice and providing GV with enhanced flexibility for future investment in commercial activities. It is expected the equity position will improve further in financial year 2015 as a solid surplus has been budgeted, although it is not expected the surplus level of 2014 will be replicated. While GV’s cash position at the end of the financial year was very healthy, the year end number of $821,474 needs to be considered in light of substantial trade payments made in the first week of the 2015 financial year.

FINANCE REPORTAnthony Johnston

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In addition to the good surplus result and strengthened financial position, there were a number of other notable achievements in the finance area during 2014. These included:

• The appointment of new auditors (Deloitte) whose vast experience with sporting and not-for-profit organisations has already been of benefit to GV.

• Enhanced management reporting providing more timely and informed financial reports for management, the Finance and Risk Committee and the Board.

• Strengthened accounting practices and treatments following a review initiated by the Finance & Risk Committee. Further strengthening the organisation’s internal controls will continue to be a focus of the Committee in 2015 to ensure industry best practice is attained and maintained.

• The introduction of greater financial expertise and experience within GV’s management team.

With these and other finance initiatives in 2014, GV’s finance function has now lifted to a new level of professionalism.

Given the amount of work required and undertaken in the finance function during the year, we were unable to achieve all of the risk management goals set by the Committee in 2014. Governing the risk of the organisation will be a clear focus in 2015.

Finally, I would like to thank our CEO, Jamie Parsons, and the Head Office team for their dedicated work throughout the year. Their day-to-day management of the finances and support of the Committee was a key factor in the strong finance performance in 2014. I would also like to thank Committee members Tanya Johansen, David Hill and Michael O’Neill for their support, hard work and strong guidance to management.

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MEN’S GYMNASTICSPaul Thanas, Technical Director

International RepresentativesIn 2014, a number of Men’s Artistic Gymnastics (MAG) gymnasts represented Australia on the international stage. All of these gymnasts train at the Victorian Men’s High Performance Centre (VMHPC) and competed across three key events. These were:

• 2014 Pacific Rim Gymnastics Championships (Canada): Jayden Bull and Luke Wiwatowski

• 2014 Glasgow Commonwealth Games (Scotland): Jack Rickards, Luke Wadsworth, Sean O’Hara and Kent Pieterse

• 45th FIG Artistic Gymnastics World Championships (China): Sean O’Hara, Luke Wadsworth and Luke Wiwatowski

While the gymnasts didn’t qualify for finals across the three events, the gymnasts should be congratulated on their professionalism and competitive spirit.

Australian Gymnastics ChampionshipsThe Victorian Men’s Gymnastics Team performed very well at the 2014 Australian Gymnastics Championships and some excellent results were achieved, with a large number of gymnasts making Olympic and National Squads as a result of their performance.

Senior Men’s Team again won this division showing the strength Victoria has in the Senior division with being able to provide two senior teams for this division.The State Team finished 2nd overall in the Cheales-Williamson Shield competition, which is the same result as the competition held in 2012 and 2013.

An impressive 52 gymnasts from 7 Victorian clubs represented the state at the competition, so it was an impressive display and result for Men’s Gymnastics. Some of the key results are outlined below.

Senior International• Team Final, 1st place: Jayden Bull, Luke

Wiwatowski, Sean O’Hara, Luke Wadsworth and Jack Rickards

• Team Final, 3rd place: Caelan Bacon, Lachlan Fitzgerald, Julian Caser and Jimmy Macarios

• Floor Individual Apparatus Final: Jayden Bull (2nd place), Kent Pieterse (3rd place)

• Vault Individual Apparatus Final: Kent Pieterse (3rd place)

• Parallel Bars Individual Apparatus Final: Luke Wadsworth (3rd place)

• High Bar Individual Apparatus Final: Luke Wadsworth (3rd place)

Level 9 OpenTeam Final, 3rd place: Jace Knights, Anthony Dorrington and Jaze Dubois

Level 8 UnderTeam Final, 2nd place: Ruben Chitters, Heath Thorpe, Hudson Irwin and Billy Mclean

Hudson Irwin: All Around (3rd place), Parallel Bars (3rd place) and High Bar (3rd place)

State SquadsThe State Squad format continues to evolve from season to season. It is expected that the change in State Levels will aid the development of gymnasts striving to move from State Team selection to National Team selection.

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Tech Committee AwardsLuke Wadsworth received the 2014 Technical Committee Senior Athlete of the Year award and the GV Victorian Male Gymnast of the Year award. Scott Brooks also received Tech Committee Junior Athlete of the Year.

Ten gymnasts in total from the VMHPC, BTYC Gymnastics and Dolphin Gymnastics Club attended the first Team Future Camp at the National Centre of Excellence in Canberra. The gymnasts were: Conor McGillivray, Kipp Smith, Ruben Chitters, Jack Harvey, Heath Thorpe, Hudson Irwin, Billy McLean, William Haines, Joshua Walker and Jordan Fitzsimons, along with VMHPC Assistant Head Coach Anthony Weston, BTYC Gymnastics coach David Hunsdale and Dolphin Gymnastics Coach Nedal Alyousef.

MEN’S GYMNASTICSPaul Thanas, Technical Director (Continued)

Newman Rukweza from Gymnastics Academy of Movement and Excellence in Epping, Victoria

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The first half of 2014 began with The Women’s Artistic Gymnastics (WAG) Technical Information Day, which focused on the implementation of the new Australian Levels Program in 2015. The forum was led by Jackie Caldwell and Ross Bouskill and there was some terrific discussion among the group. This was very well received as were the awards voted by the WAG community presented on the day. The Technical Assembly followed.

The 2014 Combined Victorian Championships was held at the State Netball & Hockey Centre. Again the event was very successful although there were some very long days put in by some judges and coaches and I thank them for their tireless contribution to our sport.

The 2014 Australian Gymnastics Championships for both International Stream and National Stream gymnasts was held over two weeks at Hisense Arena in Melbourne in May. The gymnasts representing Victoria did a fantastic job and again we came away with some terrific results.

National Stream ResultsLevel 7 - Team 3rd

Bailee Hunsdale: Uneven Bars (1st place), Balance Beam (2nd place)

Level 8 - Team 4th

Lauren Pengelly: Balance Beam (1st place)

Level 9 - Team 1st

Teliah Farren-Price: All Around (1st place), Balance Beam (1st place) and Floor (1st place) Level 10 - Team 1st

Meagan Silvers: All Around (1st place), Uneven Bars (1st place), Balance Beam (3rd place), Floor (2nd place)

Stella Savvidou: All Around (2nd place) and Vault (2nd place)

International Stream ResultsIDP 6 - Team 1st

Rebecca Chen; All Around (1st place), Balance Beam (1st place), Floor (1st place)

Ella Hughes: Vault (1st place)

Romi Brown: Vault (2nd place)and Floor (2nd place)

Abby King: Uneven Bars (2nd place) and Floor (3rd place)

Amanda Cordeiro: Uneven Bars (3rd place)

IDP 8 - Team 1st

Nina Phan: All Around (2nd place), Uneven Bars (2nd place), Balance Beam (2nd place), Floor (3rd place)

Macy Pegoli: Vault (1st place), Gabrielle Prider: Vault (2nd place), Sarah Melsom: Vault (3rd place) Jemima Lam: Floor (2nd place)

IDP 10 -

Talia Folino: All Around (1st place), Vault (1st place), Uneven Bars (1st place), Balance Beam (1st place) and Floor (1st place)

Jade Vella-Wright: All Around (2nd place), Uneven Bars (3rd place)

Junior InternationalJnr - Team 1st

Alysha Duric: All Around (1st place), Vault (1st place) and Floor (2nd place)

Emily Whitehead: All Around (2nd place), Balance Beam (1st place) and Floor (3rd place)

Senior InternationalSnr - Team 1st

Madeleine Leydin: All Around (2nd place) and Uneven Bars (3rd place)

Kiara Munteanu: All Around (3rd place) and Vault (2nd place)

Isis Lowery: Vault (1st place)

Grace Flood: Vault (3rd place)

Larissa Miller: Uneven Bars (1st place)

Mary-Anne Monckton: Balance Beam (1st place)

WOMEN’S GYMNASTICSSue Synnot, Technical Director

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Congratulations to all Victorian gymnasts, coaches and officials on these excellent results.

During the year, the following Victorian gymnasts represented Australia at the 2014 Glasgow Commonwealth Games: Larissa Miller, Mary-Anne Monckton, Georgia-Rose Brown (Reserves - Madeleine Leydin, Kiara Munteanu). We congratulate them on their selection and success, with the gymnasts wining a Team Silver Medal; Larrissa Miller winning a Silver Medal in the Uneven Bars Individual Apparatus Final; and Mary-Anne Monckton winning a Silver Medal in the Balance Beam Individual Apparatus Final.

State Pennant this year was held with each level being held at the one venue and not divided geographically. There was also 2 regional events where teams could qualify as the “wild card” entry to the State Pennant finals which were held in August, with the top 6 teams from the Metro event and the 2 wild card teams competing at each level.

The 2014 Women’s Gymnastics Victorian Championships for National Level 4 and 5 and State Level 6 - 10 were held with team events in October and finals in November at The Arena in Geelong alongside the Gymnastics Australia National Clubs Championship.

I would like to thank the GV Board, CEO and GV staff for their work throughout the year and in particular the events team who have worked hard with the WAG Technical Committee (TC) to produce high quality events. I would also like to thank the members of the WAG TC for their tireless work over the past year to improve and promote Women’s Gymnastics in Victoria.

Sue Cowdell – WAG Judging Coordinator Glenn Evans – WAG Coaching Coordinator

Stacey Weston – Secretary

Helen Chamberlain – Events Coordinator

Gordon Draper – General member (coaching)

Rachel Barton – General Member (calendar)

Simone Greig - General Member

Tracy Hortin - General Member (leotards)

The 2014 Family Ball & Awards Night was a wonderful event in early 2015, which showcased all the Gymsports and a terrific night. The Women’s Gymnastics Award of Excellence recipients presented on that night for 2014 were: Meagan Silvers, MYC Gymnastics, Rachel Williams, Larrissa Miller and Alysha Duric.

We look forward to 2015 and the highlights and challenges it will bring. One which I am sure will again showcase Women’s Gymnastics in Victoria.

WOMEN’S GYMNASTICSSue Synnot, Technical Director (Continued)

Macy Pegoli from the Victorian Women’s High Performance Centre in Prahran, Victoria.

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Rhythmic Gymnastics in Victoria experienced a varied year in 2014. In January, 2 elite Rhythmic Gymnastics (RG) gymnasts and one coach were selected as part of the Australian team competing at the 2014 Pacific Rim Gymnastics Championships. Although no medals were won, the girls could be very proud of their results. Unfortunately we did not achieve the results we wished at the 2014 Australian Gymnastics Championships overall although we still had some good results. Junior International gymnast Ying Cui Chan finished in 2nd place in the Ribbon Apparatus while Level 8 Junior gymnast Alexandra Kiroi placed in the Hoop Apparatus (3rd place), Club Apparatus (2nd place), Ribbon Apparatus (2nd place) and All Around (2nd place). Level 9 Junior Silvia Valente gained our only Gold medal in Ribbon, and also placed All Around (3rd place). In 2014, progress was being made in the education space with all coaches and judges courses rolled out with course dates and times being confirmed. Unfortunately, FIG released some major changes to the RG Code of Points, and as a result Gymnastics Australia (GA) put all courses on hold until they are reviewed. Luckily

we managed to re-accredit all our Judges for the new cycle before the courses were put on hold but look forward to advancing the accreditation levels once the new courses are available. With the introduction of the RG Foundation Level, many enthusiastic coaches and parents have attended the Beginners Judging Course. This has increased our Beginner Judges numbers by 25%.

We only managed to hold one Intermediate Coaching Course before the halt and we have a large number of coaches ready to advance to higher levels as soon as possible. We have also had many older gymnasts at several Beginner Coaching Courses and they are now all active in their clubs.

The number of gymnasts competing in all levels, but especially the lower levels has increased and this means that several of our competitions that were previously held on one day now need to be held over two days instead. We are also retaining the majority of our gymnasts moving into Level 7 and above.

RG has also included Aesthetic Group Gymnastics (AGG), which is similar to Group routines but without apparatus. It is very early days yet but several Victorian clubs have begun incorporating AGG into their classes. This could also be a viable extension for gymnasts from other disciplines who would still love to compete but are disadvantaged by age, size or lack of training time.

I would like to thank the RG TC members for all their hard work, and Jamie and all the staff at GV for all their assistance in my first year as Technical Director. And of course, Clare Hanlon, our Board member, who has shown so much interest in our sport and has so ably assisted in prioritising our aims and goals in our Strategic Plan.

RHYTHMIC GYMNASTICSSharyn Kemp, Technical Director

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Aerobic Gymnastics (AG) has continued to develop and evolve with a focus on participation at entry level and excellence at elite level. Victoria is fortunate to now have members on the AG National Commission and so have the opportunity to shape and direct the sport’s development.

AG in Victoria has had another successful year of events with 3 Club invitational events, 2 State Team trials and a 3 day State Championships at the State Hockey & Netball Centre, which included the 2014 Primary and Secondary Aeroskools event. All events were once again extremely popular with a record number of competitors representing Victoria at the 2014 Australian Aerobic Gymnastics and the 2014 Aeroskools National Championships. A dedicated and stable Technical Committee, committed coaches and judges, ensure that Victoria is successful at National Level competition and that gymnasts progress to representing Australia at International Level.

The Victorian State Aerobic Gymnastics team performed particularly well at the 2014 Australian Aerobic Championships. Nine gymnasts were selected onto the

National Squad and a further 15 gained selection onto the National Development Squad. Victorian gymnasts and coaches were selected to represent Australia at

all International competitions, including two gymnasts

at the 2014 World Aerobic Gymnastics

Championships, which was a huge achievement.

Victorians won Gymnastics Australia

awards in the categories

of: Coach of the Year, Official of the Year, Senior Athlete of the Year and Levels Athlete of the Year.

Judges courses were very well attended this year with many judges seeking reaccreditation and advancement of their qualifications. Those who participated all successfully completed Beginner, Intermediate, Advanced and Advanced Silver courses. There was also an increase in the number of new judges in AG and it was particularly pleasing to see our elite athletes begin to take on roles on the judging panels. Our judges were able to gain experience and provide their expertise at local, state, interstate, national and international events this year. Special mention to Lana Roden and Judith Gillen who were both selected to judge at international events. Further congratulations must go to Judith Gillen who not only was elected as the Judging Coordinator on National Commission in 2014 but who also received the Official of the Year Award at National Championships for her commitment to the sport. Our focus for 2015 is to maintain the healthy judging pool numbers by providing further opportunities for education and experience and to also encourage, recruit and support our smaller clubs into judging.

It has also been a very impressive year for Victorian aerobic gymnasts and coaches. Victoria ran the only Intermediate Aerobic Coaches Course in Australia, which was very well received and was a great refresher and up-skill for many new and existing coaches. The High Performance program was successful providing a valuable opportunity for high performance gymnasts to participate in workshops with a variety of specialist coaches, presenters and judges.

The AG Technical Committee would like to thank GV for their time and effort in helping the committee to perform their roles and support them to continue to develop the sport.

AEROBIC GYMNASTICSVicky Henty, Technical Director

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The 2014 Australian Gymnastics Championships was held in Victoria for the first time in some years. Our gymnasts came away with some great results, which are outlined below. We generously thank the Team Management and all officials representing this state for their contribution, without it we could not function as a team. We look forward to another home based championship in 2015.

Individual TrampolineYouth International Men: William McGrath (1st place)

Synchronised TrampolineJunior International Men: Alex Dillon and Cameron Scott (2nd place)

Junior International Women: Georgia McMahon and Olivia Davies (3rd place)

Double Mini TrampolineYouth International Men: William McGrath (3rd place)

Youth International Women: Jasmine Slade (3rd place)

Senior International Women: Georgia McMahon (1st place)

Senior International Women: Emily O’Connor (2nd place)

The 2014 Combined Victorian Championships was held at the State Netball & Hockey Centre in conjunction with the Trampoline Gymnastics (TRP) TC and GV. The TRP TC would like to thank Cheltenham Youth Club for co-hosting along with all the volunteers who made the Championship a success. We would also like to acknowledge the support of Jacqui Godfrey and Cathy Lorenzin from GV for helping deliver a great competition.

The successful move to incorporate the Victorian Levels All Stars Challenge into the Victorian Championships program for 2014 has seen the continued growth in our sport and will continue for 2015, as the Championships is held again at the State Netball & Hockey Centre.

Our gymnasts had outstanding results in two international competitions this year starting with a very successful 2014 Indo Pacific Championships in Sun City South Africa with representation from the following athletes: Emily O’Connor, Alex Dillon, William McGrath, Aiden Winder and Harrison Tullberg. Our athletes came away with a swag of gold, silver and bronze medals and we congratulate them on their selection and success.

The 2014 World Championships was also held in Daytona, Florida USA represented by Emily O’Connor (10th Place) and Ryan Hatfield (27th Place) both for Double Mini Trampoline apparatus.

Congratulations to the five athletes who were selected to the TRP National Squad: William McGrath, Alex Dillon and Cameron Scott in the Junior National Squad, Emily O’Connor and Ryan Hatfield.

I wish to thank the TRP TC including Louisa Phillipson, Sarah Hiesler, Marian McGrath, Sophie Swain, Adrian Wareham, Mark Nimmervol and our first regional member Emma Carmody. Thank you to Jamie Parsons and all the staff at GV for their continued support of TRP in Victoria.

TRAMPOLINE GYMNASTICSJennifer O’Connor, Technical Director

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Victoria sent 10 groups/pairs as well as supporting coaches and judges to the 2014 Australian Gymnastics Championships, which proved to be a small but very strong team. This team was quite successful, with three pairs taking gold and most teams finishing in the Top 4. A fantastic effort and one that Victoria clubs can be very proud of, given the size of the team.

The physical testing introduced in 2013 has overall, not been well received by the community as they felt that they had been addressing that area, especially in conjunction with the specific skill sets each group/pair were performing. To ensure positivity in the process of the state team selection process the Acrobatic Gymnastics Technical Committee (AG TC) reviewed and compared results at Nationals verses the physical testing results and found there was no correlation between them. Those groups/pairs that gained high results in the physical testing did not translate to medal placing at Nationals. Those with low results did medal.

Upon additional review and discussion it was agreed that Artistry is the biggest area that Victoria as a whole could improve upon not the performance of skills or physical testing. Thus for 2014-2015 the AG TC will ensure this area is addressed and the community is offered opportunities to communicate more clearly, learn from offered workshops and move the sport forward and hopefully assist with performances at the Australian Gymnastics Championships and the National Clubs Championships.

It has been encouraging to see coaches, athletes and judges welcome interstate workshop presenters to Victoria. These presenters have created a neutral learning environment and taught participants more about the application of FIG rules for Acrobatic Gymnastics. The 2015 Selection Policy was also updated to assist officials in their role, grow the Acrobatic State Team and make the selection requirements

clearer for coaches, their gymnasts and the wider community. The policy was released very early to ensure all relevant persons were aware of the changes and new requirements. Victoria AG Clubs and GV run great events and we are seeing an increase in participation from interstate gymnastics clubs. This is a boost to our sport as we have reasonably low numbers so these interstate relationships are something that the AG TC and the community should continue to foster as the end result increases the standard and profile of the sport in Victoria. To also increase participation the AG TC is looking to add to a display category to our premier competition. Additionally AG has now been included in the 2015 InterSchool Gymnastics competition to assist with promoting our sport to Primary and Secondary schools. Thank you to Alan Keating for working with GV events to facilitate these changes.

Our 10 activity event is something the AG community should be very proud of growing in 2014. Further emphasis will be given to the event in the future as it has the potential to increase the number of athletes into our sport. The NSMC have just released a new version of the L1-3A ALP – this is based on the NSW system.

The ALP manual is a great tool for all clubs as it’s easier to understand and implement. The TC is looking forward to working with GV in 2015 to get this into more clubs and boost our participation. I would also like to note and welcome new clubs into the AG community: Belle Etudes in Bendigo and SPC Gymsports in Ballarat. Lastly, I would like to thank the AG TC members, GV staff, Board Member David Hill and the community for the support you have given me during my first year as Technical Director. Let us all continue to work together – keep communication clear and create more opportunities to give more people in Victoria the chance to be involved in this incredible sport.

ACROBATIC GYMNASTICSWendy Treble, Technical Director

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Men’s GymnasticsGymnastsAlexander Gullan Wesley Lions GymnasticsAnthony Dorrington PIT GymnasticsAtid Shahak MAG HPCBenjamin Holden MAG HPCBenjamin Lammardo Eastern Gymnastics ClubBenjamin Rogers MAG HPCBilly McLean MAG HPCBryce Haesler Knox Gymnastics ClubCaelan Bacon Knox Gymnastics Club Connor Pattison MAG HPCConor McGillivray MAG HPCCorey Morton MAG HPCEric Grabandt MAG HPCHayden Ford MAG HPCHeath Thorpe MAG HPCHudson Irwin MAG HPCJace Knights PIT GymnasticsJack Harvey MAG HPCJack Rickards MAG HPCJackson Kurz MAG HPCJames Brayden Knox Gym Club James Dunn Eastern Gymnastics ClubJayden Bull MAG HPCJaze Dubois PIT GymnasticsJimmy Macarios MAG HPCJordan Fitzsimons BTYC GymnasticsJoshua Walker Dolphin Gymnastic ClubJulian Caser MAG HPCKent Pieterse MAG HPCKipp Smith Eastern Gymnastics ClubKynan Whitehead BTYC GymnasticsLachlan Fitzgerald MAG HPCLorcan Reed MAG HPCLuke Wadsworth MAG HPCLuke Wiwatowski MAG HPCMatthew Seduikis MAG HPCMax Collett Eastern Gymnastics ClubNicholas Silagy Wesley Lions GymnasticsOliver Dilnutt MAG HPCPaul Wiwatowski Wesley Lions GymnasticsRobert Crea MAG HPCRuben Chitters MAG HPC

Ryan O’keefe BTYC GymnasticsScott Brooks MAG HPCSean O’Hara MAG HPCSkyler Kah MAG HPCTalby Dove Knox Gym Club Todd Saunders Cheltenham Youth ClubVincent Lam MAG HPCWilliam Haines MAG HPCWilliam Shurey MAG HPCZachary Perillo MAG HPC

OfficialsAndrew Higgins Anthony WestonBrad Mannix Caroline JamesChen Wei Wan Duncan MyersGreg Corsiglia John DorringtonKevin James Leon RadchenkoLuke Zellner Marcia CorsigliaNedal Alyousef Paul ThanasPeter Moon Philip StewartSatoshi Okita Shachar TalShashwat Patel

Women’s GymnasticsGymnastsAbby King WAG HPCAlexandra Eade WAG HPCAlice Neill MLC Gymnastics ClubAlysha Djuric Waverley Gymnastics CentreAlyssa Chau Waverley Gymnastics CentreAmanda Cordeiro Waverley Gymnastics CentreAsha Covey Eclipse GymnasticsBailee Hunsdale Waverley Gymnastics CentreBrianne Allen Jets GymnasticsCassie Rozental WAG HPCCharleis Kingston-White WAG HPCChloe Manuel Jets GymnasticsChristie Donaghey MLC Gymnastics ClubEadie Rawson WAG HPCEliza Freeman Waverley Gymnastics CentreElla Hughes Waverley Gymnastics CentreEmily Dean Jets Gymnastics

VICTORIAN STATE TEAMS

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Emily Whitehead Waverley Gymnastics CentreEmma Loveless Waverley Gymnastics CentreGabrielle Prider Waverley Gymnastics CentreGeorgia-Rose Brown WAG HPCGrace Flood WAG HPCHannah Triantafillis Balance GymnasticsIsabella Deak WAG HPCIsis Lowery Jets GymnasticsJade Vella-Wright Waverley Gymnastics CentreJasmin Elkin Jets GymnasticsJemima Lam WAG HPCJessica Macdonald Geelong YMCAJessica Toh MLC Gymnastics ClubJessica Wise MLC Gymnastics ClubKarina Schiller MLC Gymnastics ClubKiara Munteanu WAG HPCLarrissa Miller Waverley Gymnastics CentreLauren Ezard BTYC GymnasticsLauren Pengelly MLC Gymnastics ClubLogan Sharrock Waverley Gymnastics CentreMacy Pegoli WAG HPCMadelaine Leydin WAG HPCMary-Anne Monckton WAG HPCMeagan Silvers MLC Gymnastics ClubMikayla George Waverley Gymnastics CentreMiranda Delaney WAG HPCMolly Waayers MLC Gymnastics ClubNicole Quine MLC Gymnastics ClubNina Phan Waverley Gymnastics CentreOlivia Galea Niddrie Gymnastics ClubPaige Blythe Eclipse GymnasticsRebekah Chen Waverley Gymnastics CentreRomi Brown Waverley Gymnastics CentreRuby Honrado Waverley Gymnastics CentreSarah Melsom Waverley Gymnastics CentreSophie Hubball Jets GymnasticsStacey James Knox GymnasticsClubStella Savvidou MLC Gymnastics ClubTalia Folino Waverley Gymnastics CentreTaylah Laval Waverley Gymnastics CentreTeliah Farren-Price Jets GymnasticsTevvah Shahak WAG HPC

OfficialsAlan Keating Alicia Hayes Allyse Taylor Anna FrancisArlene Hunsdale Barbara WattsBret Nicholas Cherie JohnstoneDerek May Helen ChamberlainJackie Caldwell Jacqui GodfreyJanie Ahlstrom Jeb Sislbury Jenny Forsmann Jess SandersJessica Haintz Jessica Mason John Hart Judith GillenKate McGillivray Kylie TurtonLaura Hart Lisa BradleyMeagan O’Connor Mel Cousin Melissa Barker Micayla Riley Mikhail Barabach Nadiya Koryakina Natalie Roberts Nedal AlyousefRachel Barton Rachel Crawford Ross Bouskill Sally Young Sasha Vildanov Shaoyi Jiang Simone Greig Stacey WestonSue Synnot Suzanne CowdellTim Lees Tracey Penaluna Victoria Whitehead Wendy BraybonWendy Rochstein

Rhythmic GymnasticsGymnastsMaria Pereleshina Glen Iris RGMin Reed Prahran RGXeniya Kopyl Prahran RGGrace Lasslett Glen Iris RGKatherine Plavin Glen Iris RGMadeleine Pham Glen Iris RGRashelle Feldman Glen Iris RGTahlia Stewart Glen Iris RGThu Anh Vo Luu Ruyton RGDina Shmukler Prahran RGEllie Robinson Strathcona RGEmily (Millie) Leaver Strathcona RGMadeleine Tseitlin Glen Iris RGMichelle Prostakova Prahran RGRachel Hall Ruyton RGAlexandra Kiroi Prahran RG

VICTORIAN STATE TEAMS(Continued)

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Alisa Gimgina Glen Iris RGAshari Gill Prahran RGJennifer Pesochinksy Glen Iris RGMila Saltikova Prahran RGRebecca Xu Glen Iris RGJulia Townley Carey RGSilvia Valente Ruyton RGAshlee Emmerson Prahran RGJaime Moss Ruyton RGAnna Logachova Prahran RGEmily Barrow Ruyton RGYingCui Chan Ruyton RGZoe Bartholomeusz Prahran RGJulia Onufreichuk Ruyton RGMarlee-Shae Holden Ruyton RGTaylor Tirahardjo Ruyton RGAlexandra Kiroi Prahran RGAshari Gill Prahran RGMila Saltikova Prahran RGMin Reed Prahran RG

OfficialsAshleigh Perrie Catriona Cameron MartinClaire Nolan Eleanor May Emma Tankovich Joan DuqueminKateryna Logachova Lynette KislerMargaret Lanz Sandra ButtonSharyn Kemp Shelley WilliamsTatiana Loukianenko Tiffany Kelly

Trampoline GymnasticsGymnastsAdam Davey Cheltenham Youth ClubAdrian Wareham Omega Trampoline Sports ClubAiden Winder Cheltenham Youth ClubAlex DeVos Cheltenham Youth ClubAlex Dillon Cheltenham Youth ClubBethany Morris Cheltenham Youth ClubCaitlyn James Cheltenham Youth ClubCallum Evans Cheltenham Youth ClubCameron Scott Omega Trampoline Sports ClubChase Greeley Cheltenham Youth Club

Christopher Harris BTYC GymnasticsDrew Kugimiya Cheltenham Youth ClubEmily Irvine Cheltenham Youth ClubEmily O’Connor Cheltenham Youth ClubGary Haasbroek Cheltenham Youth ClubGeorgia McMahon Cheltenham Youth ClubGuy Rotenberg Cheltenham Youth ClubHarrison Tullberg Cheltenham Youth ClubHunter Groves Cheltenham Youth ClubJak Hoy Omega Trampoline Sports ClubJake Marinov BTYC GymnasticsJasmine Slade Omega Trampoline Sports ClubJulian Torney Monash University

Trampoline ClubLatisha Painter Glitz Gymnastics AcademyLia Sterns Cheltenham Youth ClubLuke Proy Cheltenham Youth ClubMadison Guillot Cheltenham Youth ClubMyles Wareham Omega Trampoline Sports ClubOlivia Davies Cheltenham Youth ClubOlivia Morris Cheltenham Youth ClubPaige Crane Omega Trampoline Sports ClubPhoebe Kakaras Cheltenham Youth ClubRyan Hatfield Omega Trampoline Sports ClubSarah Taig Cheltenham Youth ClubSunday Hollingsworth Cheltenham Youth ClubTaj Bailey Cheltenham Youth ClubTanami Guillot Cheltenham Youth ClubWilliam McGrath Cheltenham Youth ClubXanthe Kakaras Cheltenham Youth Club

OfficialsAdrian Wareham Andrea GilchristBryce Wareham Bryce WarehamDani Robb David WarehamEvgeny Savinov Jackie DaviesJulie Morris Louisa PhillipsonLuke Warner Marian McGrathMarion Wareham Mark NimmervollSarah Hiesler


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Acrobatic GymnasticsGymnastsAaron Mavro Nunawading Gymnastics and

Sports ClubBlake Treble Nunawading Gymnastics and

Sports ClubCade Pettie Flip 4 FunDanny Leicester Flip 4 FunEmily Cuddy Skylark SportsEmily Massara Flip 4 FunGenevieve Upton Flip 4 FunGeorgia Cachia Flip 4 FunGrace Clinton Healesville Gymnastics CentreJoshua Kelly Flip 4 FunKarri Brown Nunawading Gymnastics and

Sports ClubKristina Del Grosso Flip 4 FunLaila Halim Healesville Gymnastics CentreLauren Falzon Flip 4 FunMadeline Turner Flip 4 FunMia Truong Healesville Gymnastics CentreMolly Harvey-Yin Nunawading Gymnastics and

Sports ClubNicola Aylward Flip 4 FunShannae Tritt Flip 4 FunShelley Williams Nunawading Gymnastics and

Sports ClubSiubhan McBain Nunawading Gymnastics and

Sports ClubSue Seki Skylark SportsTori Singleton Flip 4 Fun

OfficialsAlan Keating Andrew SabaJasmin Meaker Jodi HarrisJodi Mathieson Julie DeJongMelissa Presti Stephen Santo Valeriya Kanzburg Wendy Treble

Aerobic GymnasticsGymnastsAbigail Clark Loreto Gymnastics ClubAbigail O’Brien Cheltenham Youth ClubAlexandra Garson Loreto Gymnastics ClubAli Crok Aerosport AllstarsAmelia Cartledge Palmers GymAmelia Fear Ace AerobicsAmelie Valguarner Ace AerobicsAnna Stelmach Loreto Gymnastics ClubAnnabel Muttdon Loreto Gymnastics ClubAnnabella Camera Melbourne Girls CollegeAnnalea Prespakis Loreto Gymnastics ClubArminda Vladica Loreto Gymnastics ClubAudrey Walsh Ace AerobicsAva Cole Ace AerobicsBelinda Swan Loreto Gymnastics ClubBrigid Watson Ace AerobicsCaitlin Shipsides Loreto Gymnastics ClubCameron Brown Aerosport AllstarsCare Chiew Knox Gymnastics ClubCate Kuppers Melbourne Girls CollegeCelina Driscoll Melbourne Girls CollegeChanse Mathers Knox Gymnastics ClubChardon Bass Ace AerobicsCharlotte Butler Cheltenham Youth ClubCharlotte Roe Knox Gymnastics ClubChloe Taylor Knox Gymnastics ClubClaire Cheesman Melbourne Girls CollegeEbony Biden Loreto Gymnastics ClubElena Swyny Cheltenham Youth ClubEmily Wilcock Cheltenham Youth ClubEmma Croker Melbourne Girls CollegeEmma Shelton Rebound Sport AerobicsEmma Ward Loreto Gymnastics ClubEve Hinchliffe Rebound Sport AerobicsGeorgia Hill Ace AerobicsGeorgia Martin Cheltenham Youth ClubHelena Sorial Rebound Sport AerobicsJasmin Agostinelli Loreto Gymnastics ClubJasmin Salmon Knox Gymnastics ClubJessica Casey Knox Gymnastics ClubJulia Veliou Rebound Sport AerobicsKameron Brooks Aerosport Allstars


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Kayla Cooper Knox Gymnastics ClubKenji Fujihara Cheltenham Youth ClubKindle Aloisio Loreto Gymnastics ClubKirra Beacom Knox Gymnastics ClubKristie Loidl Loreto Gymnastics ClubLana Croker Melbourne Girls CollegeLaura Smith Melbourne Girls CollegeLucinda Phillipson Loreto Gymnastics ClubMadeleine Di-Blasio Knox Gymnastics ClubMadison Henwood Aerodynamic Aerobic

Gymnastics ClubMali van Haandel Loreto Gymnastics ClubMia Harrison Loreto Gymnastics ClubMariana Papas Melbourne Girls CollegeMeg Baker Loreto Gymnastics ClubMelissa Burnell Knox Gymnastics ClubMelissa Mason Knox Gymnastics ClubMia Haravitsidis Rebound Sport AerobicsMilla Marston Melbourne Girls CollegeMillicent Ralph Loreto Gymnastics ClubMonique Chapman Loreto Gymnastics ClubNaomi Fitzgerald Loreto Gymnastics ClubNatalie Cartwright Knox Gymnastics ClubNina Iafrate Loreto Gymnastics ClubOlivia Feaver Loreto Gymnastics ClubPhilippa Snodgrass Ace AerobicsPortia Walsh Ace AerobicsRebecca Donato Knox Gymnastics Club

Rebecca Madin Rebound Sport AerobicsRebekah England-Hill Ace AerobicsRenee Waller Knox Gymnastics ClubRobyn Kalkhoven Knox Gymnastics ClubRoisin Selvarajoo Cheltenham Youth ClubRuby Richardson Loreto Gymnastics ClubSamantha Haravitsidis Rebound Sport AerobicsSascha Di Sebastiano Ace AerobicsShakira Heerah Rebound Sport AerobicsSinead Wise Melbourne Girls CollegeSophia Pappas Melbourne Girls CollegeSophie Jeffery Melbourne Girls CollegeTess Palmara Melbourne Girls CollegeTinel Klaumanns-Moller Loreto Gymnastics ClubZoe Aloisio Loreto Gymnastics Club

OfficialsPriscilla Feaver Jenna FlackAshleigh Donovan Bliss AmyCaitlin Murphy Katherine ChanRosalie Lord Helen RoeJoanna Murphy Judith GillenLana Roden Natalie KalkhovenAlice Stoke Athanasia PappasCynthia Lui Elle CaseyJenny Osburn Jodie CooperSally Cartledge Tracey Vaughan


The Australian representatives from Victoria, who competed at the 2014 Glasgow Commonwealth Games: Kent Pieterse, Luke Wadsworth, Jack Rickards, Sean O’Hara, Georgia-Rose Brown, Larrissa Miller, Mary-Anne Monckton and Kiara Munteanu. Coaches: John Hart (Waverley Gymnastics Centre), Greg Corsiglia (VMHPC), Peggy Liddick (Gymnastics Australia), Tracey Penaluna (VWHPC), Lisa Bradley (VWHPC) and Misha Barabach (VWHPC).30


Victorian State Team and Australian representatives Larrissa Miller and Luke Wadsworth.

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The Gymnastics Foundation was established in 2009 to raise and distribute funds to encourage participation in Victorian gymnastics and to grow the sport in an environment of excellence. The Foundation is separate to, but works closely with, Gymnastics Victoria.

The Gymnastics Foundation helps deserving cases of gymnastic endeavour of all kinds which might not succeed without financial assistance. Since the Foundation commenced its annual grants program in 2010, more than $35,000 has been distributed to Victorian clubs. Past grants have been awarded for equipment and club infrastructure and to develop athletes, coaches, judges, officials and administrators.

The Foundation is managed by a Board of Honorary Directors: Associate Professor Geoff Sussman OAM (Chair), Mr John Higgins (Treasurer) and Mr Murray Chessell OAM.

Our Mission is to:1. assist gymnastics clubs to develop and

promote Gymsports, thereby enhancing participation and performance in Victoria;

2. assist clubs experiencing emergency situations or special needs;

3. encourage philanthropy from members of the gymnastics and wider communities.

The Year in Review2014 saw work continuing steadily behind the scenes to increase awareness of the Foundation within the Victorian gymnastics community. The Directors identified the need for the Foundation to improve its online presence as a priority. Following a review of the existing Foundation pages within the Gymnastics Victoria website, a project commenced to create a new stand-alone website. Of primary importance was creating an online donation facility linked into the Australian Sports Foundation, through which

the Gymnastics Foundation is able to accept tax deductible donations. Due for completion in the early part of 2015, this long-awaited initiative will simplify the donation process significantly and will undoubtedly raise the profile of the Foundation

Income from investment was reduced due to the prevailing lower interest rate environment. The Directors spent some time examining how the Foundation could ensure its sustainability whilst still supporting clubs through its grant process. The outcome of these discussions was an improved term deposit arrangement being sought and implemented, and the firm resolve to secure additional funding during 2015. The wider community will be approached in this fundraising effort but the support of the Victorian Gymnastics Community will be vital to achieving a healthy future for the Foundation.

A particular highlight of the year was the Foundation’s involvement with the inaugural Gymnastics Victoria Family Ball and Awards Night in February. The Foundation was the recipient of the net proceeds from the evening’s ticket sales and from the raffle. At the event Foundation Director and GV Life Patron Murray Chessell spoke on behalf of the Foundation and promotional material was placed at each attendee’s seat. A wonderful total of $2,967 was raised. The Foundation is particularly grateful to Gymnastics Victoria CEO Jamie Parsons who suggested the concept and the Board Members of Gymnastics Victoria who wholeheartedly supported it – both in principle and financially.

The Foundation appointed a new Director in November 2014. Long-serving Gymnastics Victoria Board Member and immediate past President Julie Sarll will formally join the Foundation in January 2015 and will bring valuable insight and many years of management expertise in the sport sector to the Foundation.

THE GYMNASTICS FOUNDATIONEmma Kelly - Development Manager

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Thank you to our SupportersA number of people make a significant contribution the Foundation, enabling it to run without incurring operational costs. The Directors acknowledge and thank the Gymnastics Foundation’s Development Manager Emma Kelly who manages the day-to-day running of the Foundation on a pro-bono basis. Gymnastics Victoria provides office space and CEO Jamie Parsons and his team support the Foundation with time and expertise. Gymnastics Victoria assists with preparing the annual financial statements for the Foundation and Deloitte Touche Tohmatsu provide auditing services on a pro-bono basis.

Donations to the Gymnastics FoundationDonations over $2 are tax deductable, through our arrangement with the Australian Sports Foundation. The Australian Sports Foundation (ASF) was established by the federal government to assist organisations raise funds through public and corporate donations for the development of sport in Australia. The Foundation’s important partnership with the ASF will continue to strengthen as both organisations further develop their online presence.

The Foundation thanks all our donors for 2014, especially:

Gold Donor – Gymnastics Victoria Awards Night

Silver Donor – J. Parsons

2014 GrantsThe Foundation received a record number of grant applications from GV affiliated clubs in 2014. It was very encouraging to see this increase and it demonstrates an improved awareness of the work of the Foundation in the Victorian gymnastics community.

The focus of grants for the year was on safety

equipment upgrades, programs that support disadvantaged children and youth and regional and small clubs.

The Directors selected 10 clubs to be the recipients of grants of up to $1,000 this year:

Benalla Coach & Judge Training

Blue Lake (Mt Gambier) Safety Lighting

East Gippsland Equipment (springboards)

Hamilton Equipment (safety mats)

Leongatha Equipment (safety mats)

Maffra Equipment (foam blocks)

Moorabool Equipment (general)

MYC (Mornington) Equipment (general)

Moyhu Equipment (vault table)

Niddrie Equipment & Gym Program (special needs children)

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GYMNASTICS DEVELOPMENTAlison Lyons, Gymnastics Development Manager

It was another successful year for GV in 2014, with a 6.71% increase in membership. Registered athlete increased from 37 017 to 39 500 overall. Of these athletes, 77% were female and 22.9% were male. More than 3500 people with Disability are participating in Gymnastics in Victoria through schools, clubs and external programs. Waverley Gymnastics Centre again recorded the most registered members with 1703. Other top preforming clubs included: Jets Gymnastics Eltham, Footscray City Gym Club as well as Twisters Gymnastics Club, which recorded the highest number of new registrations.

A new membership fee structure was also introduced in 2014, which has enabled GV to keep fees low for all affiliated gymnastics clubs.

AffiliationGV welcomed 8 new clubs to the gymnastics community in 2014. Affiliated gymnastics clubs included:

• Aerodynamic

• Aerobic Gymnastics

• Belle Etudes Pty Ltd

• Flipping Fit

• Palmers Gym

• Sapphire Coast Academy

• St Patrick’s College Gymsports

Club Development The Gymnastics Development Team focused heavily on customer service and delivering individualised service to each of the Victorian clubs. We increased club visits from 80+ in 2013 to over 600 in 2014 and increased our presence in the community.

GV continued to successfully support clubs in the areas of participation and inclusion. 12 clubs became leader clubs in inclusion by completing the inclusive club guidelines and supporting others in the community. More inclusive opportunities were offered to clubs and participants.

In 2014, 16 new clubs became LaunchPad accredited, which increased the total number of LaunchPad accredited clubs in Victoria to 40. LaunchPad clubs have the capacity to promote the benefits of gymnastics to their members and are seen as leaders in participation.

In addition, 16 GV clubs participated in a state wide Come and Try Campaign with 32 classes held across Victoria.

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GV also continued to partner with industry experts to deliver support and services for Victorian Clubs. HR Plus continued to provide support to clubs by developing and providing samples of best practice agreements, awards and policies. Some of these were:

• Employment Agreements

• Alignment of Coaching Qualifications to Fitness Industry Award - Explanatory Document

• Fitness Industry Award (current version)

• Fitness Industry Award – pay rates, penalty rates & allowances reckoner

• Bullying Policy Fair Work Information Statement (required to be given to all new staff)

• Hours of Work Policy

Frank Sahlein from 3rd Level Consulting also returned to Victoria for the 2014 large Club Conference in July. Club Owners, Presidents and Managers of Australia’s largest clubs were provided with resources to continue to develop and grow their clubs with best practice ideas from the Children’s Activity Industry.

The Gymnastics Victoria Development Team continues to focus on delivering quality customer service and programs to our affiliated clubs and we thank you all for contributing to a very successful 2014. The team looks forward to working with your in 2015 and developing Gymnastics at your club and in Victoria.

GYMNASTICS DEVELOPMENTAlison Lyons, Gymnastics Development Manager (Continued)

BabyGym program at Palmer’s Gym in Bendigo, Victoria 35

EVENTS & MARKETINGJacqui Godfrey, Events & Marketing Manager

It was a year of both growth and consolidation for the Events & Marketing Team in 2014. As always, the Victorian gymnastics calendar was fully-packed with events, initiatives and tours occurring almost every week of the year. Both event participation and spectator numbers have increased from 2013, and we plan to continue to build in future years.

GV events would not be possible without our huge team of supporters, whose time, expertise and tireless efforts contribute to the execution of high quality events. In particular, we thank the Technical Committees, Duty Managers, Logistics and Medical teams, Co-presentation Club teams and volunteers for your support.

The final thank you goes to our valued Silver sponsors, GK Elite Sportswear and Chalk Gymnastics Wear. These sponsors contribute immensely to GV and our community, and are greatly valued. 2014 marked the end of our current three-year agreements and we are thrilled to have both GK and Chalk back on board, continuing their support in 2015 and beyond.

Highlights of 2014• In February GV welcomed two new staff

members to the team – Carolyn Jones (Events & Logistics Officer) and Megan Smith (Marketing & Communications Officer). Both staff members have contributed greatly to GV and have become well-regarded in the gymnastics community.

• The inaugural Family Ball & Awards night was a tremendous success, and a fitting celebration of the successes of Victoria’s gymnastics community.

• Gymnasts from every single gymsport represented Australia at 2014 International competitions or performances.

• Victorian experts were at the forefront of the development of the new WAG Australian Levels Program (ALP). We are very fortunate to have a group of such talented and passionate people in Victoria.

Victorian EventsThe 2014 Combined Victorian Championships (including Men’s, Women’s, Rhythmic and Trampoline Gymnastics) was once again our premier competition, and a great success. Due to timing clashes with the National calendar, unfortunately some of the Women’s International Stream athletes were unable to compete. The Elite Victorian Championships, however, was a highlight in itself. Jets Gymnastics worked tirelessly to transform the Community Bank stadium into a gymnastics arena, and we welcomed Senior athletes from WA and NSW to compete amongst our best Women’s gymnasts.

GV reached some key inclusion milestones in the middle of the year, with a diverse group of participants competing in both our State Pennant event series (culminating in the GK Elite State Pennant Finals & Special Olympics State Games) and InterSchool Gymnastics. A team of Special Olympics gymnasts were also included in displays at each premier event throughout the year, demonstrating our slogan “Gymnastics for Everybody” is in practice at GV events.

The Acrobatic and Aerobic Gymnastics Victorian Championships were held once again at the State Netball & Hockey Centre. As always, this event is a real celebration of the joy of gymnastics, with a great buzz in the crowd and among participants.

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EVENTS & MARKETINGJacqui Godfrey, Events & Marketing Manager (Continued)

The 2014 Women’s Victorian Championships marked the end of an era, as our State Stream athletes competed one last time within the current regulations. There was both emotion and excitement displayed by the State Stream competitors, as they head into the new ALP from 2015.

GV’s third and final year of hosting Women’s National Clubs was hailed as the best ever. We now look forward to the new era of National Clubs carnivals, to be hosted by Gymnastics Australia from 2015.

Across the year GV partnered with 14 Co-presentation Clubs to deliver another 28 Tier 2 events across each of our Gymsports. A further 64 sanctioned Invitationals took place around the state, engaging clubs throughout Victoria.

Australian Gymnastics ChampionshipsVictoria continued its traditional success at the 2014 Australian Gymnastics Championships. Our positive team culture was evident in our team slogan (Go Vics!) and more importantly through the attitudes and actions of our team members. Victoria took home a total of 266 medals, over 40% of which were gold.

For the first of three years, the MAG, WAG, RG, TRP and ACR State Teams competed in Melbourne’s own Hisense Arena. It was great to have an Australian Gymnastics Championships in our own backyard and to take advantage of the opportunity for friends, family and fans to see our top athletes in action.

We again sent a strong Victorian contingent to the 2014 Australian Aerobic Championships in Brisbane. This is our biggest State team, with over 100 people. Nearly half of the team achieved a podium

placing – an amazing effort.

We are very proud of all of our State teams, who are always great ambassadors for Victoria.

MarketingIt was pleasing to see an increased focus on Marketing throughout 2014. Principal goals for the year were to establish formalised marketing processes, and enhance our existing events and initiatives with a customer service focus.

GV embraced social media in 2014, with a 15% increase in social media followers. Strong community involvement was a key achievement, with our social media engagement of 30% being well above the industry average. Traditional media coverage reached an all-time high, with 156 published articles (an average of three per week) as well as 120 website news articles. Gymnastics Victoria also featured in two National news segments on Channel 9 and Channel 10 ahead of the 2014 Glasgow Commonwealth Games.

The GV Staff and Board were on-hand to meet the community at each of our premier events through our new Customer Service Desk initiative. The desk was open each day throughout each Tier 1 event, providing information about GV’s products and services, as well as the opportunity to ask staff members about anything related to their affiliation with GV.

Looking ahead, we aim to build on 2014’s successes and increase the commerciality of our events, perhaps with some new and exciting events added to the calendar – watch this space!

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FAMILY BALL & AWARDS NIGHTJacqui Godfrey, Events and Marketing Manager

In February 2015, 400 of Victoria’s gymnasts, officials, their families and club staff from the gymnastics community came together to celebrate the 2014 successes and contributions of members across all gymsports at the GV Family Ball & Awards Night.

Hosted by Monette Russo (World Championships Bronze Medallist and Commonwealth Games Gold Medallist) and David Morris (Sochi Winter Olympics Silver Medallist), the evening was held at the picturesque Lakeside Events & Functions in Albert Park. For the first time ever, in the lead-up the gymnastics community had the opportunity to vote for the winners in the selected award categories. Voting contributed 50% towards the decision of each award’s winner.

There were over 140 finalists and more than 35 awards were presented to winners for individual and group achievements, coaching excellence, volunteer dedication and inclusive initiatives. Among the night’s award recipients were:

• Larrissa Miller (Female Gymnast of the Year)

• Luke Wadsworth (Male Gymnast of the Year)

• Ben Pocklington (Coach of the Year)

• John Hart (High Performance Coach of the Year)

• Sue Patrick (Volunteer of the Year)

• Sue Cowdell (Official of the Year)

• PIT Gymnastics / YMCA Endeavour Hills (Inclusive Initiative of the Year)

• Tim Robertson (Inclusive Leader of the Year)

• Acrofun (Small Club of the Year)

• Flyaway Gymnastics (Medium Club of the Year)

• Eastern Gymnastics Club (Large Club of the Year)

• Flyaway Gymnastics Club (Club of the Year)

Men’s Gymnastics• Luke Wadsworth (Senior International

Gymnast of the Year / VMHPC)

• Scott Brooks (Junior International Gymnast of the Year / VWHPC)

• Caelan Bacon (Levels Gymnast of the Year / Knox Gymnastics)

Women’s Gymnastics• Meagan Silvers (Award of Excellence -

National Stream Gymnast of the Year / MLC Gymnastics Club)

• MYC Coaching Team (Award of Excellence - Coach of the Year / MLC Gymnastics Club)

• Rachel Williams (Award of Excellence - Regional Coach of the Year)

• Alysha Djuric (Junior International Gymnast of the Year / VWHPC (Waverley Gymnastics Centre))

• Larrissa Miller (Senior International Gymnast of the Year / Waverley Gymnastics Centre))

Rhythmic Gymnastics• Taylor Tirahardjo (Gymnast of the Year /

Ruyton Rhythmic Gymnastics Club)

• Alexandra Kiroi (Rising Star / Prahran Rhythmic Gymnastics)

• Ying Cui Chan (Award of Excellence / Ruyton Rhythmic Gymnastics Club)

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Aerobic Gymnastics• Georgia Martin (Level 3-5 Athlete of the Year

/Cheltenham Youth Club)

• Nina Iafrate (Level 6 & 7 Athlete of the Year / Loreto Gymnastics Club)

• Annabel Muttdon (International Athlete of the Year / Loreto Gymnastics Club)

Trampoline Gymnastics• Ryan Hatfield (Senior Male Trampoline Gymnast

of the Year / Omega Trampoline Sports Club)

• Emily O’Connor (Senior Female Trampoline Gymnast of the Year / Cheltenham Youth Club)

• Cameron Scott (Junior Trampoline Gymnast of the Year / Omega Trampoline Sports Club)

Acrobatic Gymnastics• Aaron Mavro and Siubhan McBain

(Excellence in Acrobatic Gymnastics / Nunawading Gymnastics and Sports Club)

• Blake Treble and Molly Harvey-Yin (Excellence in Acrobatic Gymnastics / Nunawading Gymnastics and Sports Club)

• Samantha Whitehead (Excellence in Acrobatic Gymnastics / Healesville Gymnastics

FAMILY BALL & AWARDS NIGHTJacqui Godfrey, Events and Marketing Manager (Continued)

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WORKFORCENastashia Buck, Education Coordinator

The first half of 2014 saw a change in guard for the GV Education Team, with myself stepping into the role at the end of April 2014.

During 2014, there were 1835 gymnastics judges and coaches in Victoria . A large number of these members participated in GV’s education programs. In 2014, GV also increased the coaches pool overall from 1202 to 1455. There was also an overall increase in judges in 2014 from 355 to 380.

During 2014, the GV Education Team successfully ran 23 Beginner Coaching Courses and 28 Intermediate Coaching Courses.

With a focus on servicing all Gymsports, the Education Team also successfully ran an intermediate coaching and judging course in every technical committee governed Gymsport, as well as running numerous courses throughout regional Victoria.

Our commitment to upskilling and developing our judges was also demonstrated by 28 courses being run across multiple Gymsports in 2014. We have continued to develop our coaches to be inclusive in their coaching, with 255 coaches participating in inclusion workshops in 2014. In addition, Victoria is also the proud home of 33 Inclusion Presenters, who regularly promote the most up to date inclusive messages to coaches and clubs.

With the coaching appeals process that consumed the majority of 2013 finalised, Education could now move forward with new projects and initiatives.

These new areas of focus required the help and expertise of casual staff Zoe Lorenzin and Arngelika Schoo, who assisted with sanctioning club workshops, helping with updating and reaccreditation queries, sanctioning and processing coaching and judging courses and providing help with any request that crossed their desk. The success of education in 2014 was entirely a team effort and many thanks are given to the GV Education Team for their tireless effort.

2015 will see the release of the Gymnastics Australia Advanced Coaching Course, which will provide a platform for further professional development with a strong focus on Anatomy and Biomechanics. The course is expected to be a large transition jump for current intermediate coaches. GV will continue to work with clubs and coaches to make this transition as smooth as possible.

The GV Education team looks forward to 2015 and more educational professional development for our valued members.

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FINANCIAL STATEMENTSFor The Year Ended 31 December 2014

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FINANCIAL STATEMENTS Board Member’s Report ..................................................................................................43

Statement of Profit or Loss and Other Comprehensive Income ....................44

Statement of Financial Position ..................................................................................45

Statement of Changes in Equity ................................................................................46

Statement of Cash Flows ................................................................................................46

Notes to the Financial Statements ............................................................................47

Statement by Members of the Board .....................................................................54

Independent Auditor’s Report ....................................................................................55

Auditor’s Declaration .........................................................................................................56

FINANCIAL CONTENTS

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Your Board submit the financial statements of the Association for the year ended 31 December 2014.

Board MembersThe names of Board Members throughout the period and at the date of this report are:

Chair: Michael O’Neill

Deputy Chair: Clare Hanlon

Director: David Hill

Director: Skev Seremetis (from 30 Oct 2014)

Director: Sarah Reid (to 1 May 2014)

Director: Julie Sarll (to 30 Oct 2014)

Director: Nick Thornton (to 27 Feb 2014)

Director: Alistair Edgar (from 1 May 2014)

Director: Anthony Johnston (from 27 Feb 2014)

Director: Tanya Johansen

Director: David Talalla

Principal ActivitiesThe principal activities of the Association during the period were the ongoing promotion, development and growth of gymnastics in Victoria through the provision of a range of activities including events, coaching and training along with other activities to continue to provide valuable resources for the ongoing growth of gymnastics throughout Victoria.

Significant ChangesThere was no significant change in the nature of the Association’s activities during the year.

Operating ResultThe surplus of the Association for the 12 months ended 31 December 2014 is $244,239 (12 months ended 31 December 2013: $138,961 deficit).

Subsequent eventsThere has not been any matter or circumstance occurring subsequent to the end of the period that has significantly affected, or may significantly affect, the operation of the Association, the result of those operations, or the state of affairs of the Association in future financial years.

Future developmentsDisclosures of information regarding likely developments in the operations of the Association in future financial years and the expected results of those operations is likely to result in unreasonable prejudice to the Association. Accordingly, this information has not been disclosed in this report.

Environmental regulationsThe Association’s operations are not regulated by any significant environmental regulation under a law of the Commonwealth or of any State of Territory.

Signed in accordance with a resolution of the Members of the Board:

Board Member:

Dated this 26th day of March 2015

BOARD MEMBERS’ REPORTFOR THE YEAR ENDED 31 DECEMBER 2014

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STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOMEFOR THE YEAR ENDED 31 DECEMBER 2014

2014 2013Notes Revenue Expense $ Revenue Expense $

MEMBERSHIP & CLUB SERVICESRegistration 1,169,198 (302,321) 866,877 1,144,858 (278,919) 865,939Affiliation 144,691 (81,644) 63,047 142,218 (78,104) 64,114Projects 368,681 (96,304) 272,377 281,260 (56,356) 224,904Member Services - (32,912) (32,912) - (18,184) (18,184)Business - (15,674) (15,674) - (24,826) (24,826)Operations - (9,757) (9,757) - (10,628) (10,628)Personnel - (234,482) (234,482) - (199,586) (199,586)

1,682,570 (773,094) 909,476 1,568,336 (666,603) 901,733MARKETINGSponsors & Partners 23,288 (1,808) 21,480 - - - Operations - (6,429) (6,429) - - - Personnel - (75,985) (75,985) - - -

23,288 (84,222) (60,934) - - - WORKFORCE DEVELOPMENTTechnical Membership 75,580 (695) 74,885 77,505 (1,549) 75,956Coaching 79,355 (26,774) 52,581 23,659 (26,212) (2,553)Judging 15,977 (11,363) 4,614 23,229 (9,911) 13,318Projects & Congress 43,563 (28,404) 15,159 65,736 (36,885) 28,851Business - - - - (11,530) (11,530)Operations - (12,127) (12,127) - (11,170) (11,170)Personnel - (121,593) (121,593) - (229,555) (229,555)

214,475 (200,956) 13,519 190,129 (326,812) (136,683)SPORT & TECHNICAL COMMITTEESState Teams 186,499 (175,513) 10,986 324,454 (325,514) (1,060)State Training Squads 26,984 (25,696) 1,288 16,743 (16,415) 328Technical Committees 79,170 (3,181) 75,989 57,160 (17,894) 39,266Business - (86,783) (86,783) - (70,545) (70,545)Operations - (9,126) (9,126) - (11,039) (11,039)Personnel - (102,163) (102,163) - (107,358) (107,358)

292,653 (402,462) (109,809) 398,357 (548,765) (150,408)EVENTS & COMPETITIONSTrials & LATs 68,395 (32,153) 36,242 110,744 (48,188) 62,556Championship Events 259,346 (276,118) (16,772) 257,344 (268,389) (11,045)Other Events 148,405 (99,344) 49,061 147,355 (110,471) 36,884Business 47,848 (7,657) 40,191 15,020 (6,373) 8,647Operations - (31,050) (31,050) - (28,025) (28,025)Personnel - (171,851) (171,851) - (166,718) (166,718)

523,994 (618,173) (94,179) 530,463 (628,164) (97,701)ELITE SPORT PROGRAMSMen’s High Performance 474,122 (569,566) (95,444) 408,816 (488,266) (79,450)Women’s High Performance 514,258 (556,548) (42,290) 522,218 (650,361) (128,143)

988,380 (1,126,114) (137,734) 931,034 (1,138,627) (207,593)GOVERNANCE & OPERATIONSProjects/General Business 19,922 (11,466) 8,456 10,844 (80,972) (70,128)Banking/Asset Management 19,952 (45,531) (25,579) 17,584 (35,421) (17,837)Gain on Disposal of Assets 21,429 - 21,429 - - - Board & Executive - (47,339) (47,339) - (107,084) (107,084)Operational Services - (24,349) (24,349) - (12,824) (12,824)Personnel - (208,718) (208,718) - (240,436) (240,436)

61,303 (337,403) (276,100) 28,428 (476,737) (448,309)TOTAL OPERATING SURPLUS/(DEFICIT) BEFORE TAX

3,786,663 (3,542,424) 244,239 3,646,747 (3,785,708) (138,961)INCOME TAX EXPENSE 3(n)

- - - - - - TOTAL OPERATING SURPLUS/(DEFICIT) FOR THE YEAR

3,786,663 (3,542,424) 244,239 3,646,747 (3,785,708) (138,961)OTHER COMPREHENSIVE INCOME

- - - - - - TOTAL COMPREHENSIVE INCOME/(LOSS) ATTRIBUTABLE TO MEMBERS

3,786,663 (3,542,424) 244,239 3,646,747 (3,785,708) (138,961)

The accompanying notes form part of these financial statements.

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STATEMENT OF FINANCIAL POSITIONAS AT 31 DECEMBER 2014

2014 2013Notes $ $

ASSETSCURRENT ASSETSCash and cash equivalents 5 821,474 263,838 Trade and other receivables 6 308,256 122,447 Inventories 7 34,034 66,112 Other current assets 8 54,421 22,183 TOTAL CURRENT ASSETS 1,218,185 474,580

NON-CURRENT ASSETSProperty, plant and equipment 9 148,629 84,382 TOTAL NON-CURRENT ASSETS 148,629 84,382

TOTAL ASSETS 1,366,814 558,962

LIABILITIESCURRENT LIABILITIESTrade and other payables 10 240,843 15,422 Trust and other funds 11 141,683 113,433 Income received in advance 12 368,542 92,898 Provisions 13 123,080 115,117 TOTAL CURRENT LIABILITIES 874,148 336,870

NON-CURRENT LIABILITIESProvisions 13 26,335 - TOTAL NON-CURRENT LIABILITIES 26,335 -

TOTAL LIABILITIES 900,483 336,870

NET ASSETS 466,331 222,092

EQUITYReserves 14 123,843 102,843 Retained earnings 342,488 119,249

TOTAL EQUITY 466,331 222,092


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STATEMENT OF CHANGES IN EQUITYFOR THE YEAR ENDED 31 DECEMBER 2014

RetainedEarnings Reserves Total

$ $ $Balance at 1 January 2013 258,210 74,632 332,842 (Deficit)/Surplus attributable to members (138,961) - (138,961)Transfers to/(from) Reserves - 28,211 28,211 Other comprehensive loss for the year - - - Total comprehensive loss for the year (138,961) - (110,750)Balance at 31 December 2013 119,249 102,843 222,092

Surplus/(Deficit) attributable to members 244,239 - 244,239 Transfers to/(from) Reserves (21,000) 21,000 - Other comprehensive income for the year - - - Total comprehensive income for the year 244,239 - 244,239 Balance at 31 December 2014 342,488 123,843 466,331

STATEMENT OF CASHFLOWSFOR THE YEAR ENDED 31 DECEMBER 2014

NOTES 2014 2013$ $

CASH FLOWS FROM OPERATING ACTIVITIESReceipts from members, services and programs 3,343,442 3,380,003Receipts from government grants 432,322 185,295Receipts from sales 26,792 63,865Interest received 19,952 17,585Payments to suppliers & employees (3,231,701) (4,061,218)Net cash provided by/(used in) operating activities 5 590,807 (414,470)

CASH FLOWS FROM INVESTING ACTIVITIESPayments for property, plant and equipment (64,104) (49,815)Proceeds from sale of property, plant and equipment 30,933 - Net cash used in investing activities (33,171) (49,815)

Net increase/(decrease) in cash and cash equivalents 557,636 (464,285)Cash and cash equivalents at the beginning of the year 263,838 728,123Cash and cash equivalents at the end of the year 5 821,474 263,838


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NOTES TO FINANCIAL STATEMENTSFOR THE YEAR ENDED 31 DECEMBER 2014

NOTE 1: GENERAL INFORMATION The financial statements cover Gymnastics Victoria (the Association) as an individual entity incorporated and domiciled in Australia. Gymnastics Victoria is an Association incorporated in Victoria under the Associations Incorporation Reform Act 2012.

PRINCIPAL PLACE OF BUSINESS AND REGISTERED OFFICE 138 High Street

Prahran VIC 3181

The Association’s principal activities are to promote and support the sport of gymnastics in Victoria.

NOTE 2: APPLICATION OF NEW AND REVISED ACCOUNTING STANDARDS 2.1 Standards and Interpretations in issue not yet adopted At the date of adoption of the financial statements, the Standards and Interpretations listed below were in issue but not yet effective.

Standard/InterpretationEffective for annual reporting periods beginning on or after

Expected to be initially applied in the financial year ending

AASB 2014-4 ‘Amendments to Australian Accounting Standards – Clarification of Acceptable Methods of Depreciation and Amortisation’

1 January 2016 31 December 2016

AASB 15 Revenue from Contracts with Customers 1 January 2017 31 December 2017

At the date of adoption of the financial statements, the following IASB Standards and IFRIC Interpretations were also in issue but not yet effective, although Australian equivalent Standards and Interpretations have not yet been issued.

Annual Improvements to IFRS 2012 – 2014 cycle 1 July 2016 31 December 2017

Disclosure Initiative (Amendments to IAS 1) 1 January 2016 1 January 2016

The Association has adopted all standards and interpretations that were effective for the first time and they had no material impact on the financial statements.

NOTE 3: SIGNIFICANT ACCOUNTING POLICIES FINANCIAL REPORTING FRAMEWORK The Association is not a reporting entity because in the opinion of the Board members there are unlikely to exist users of the financial report who are unable to command the preparation of reports tailored so as to satisfy specifically all of their information needs. Accordingly, these special purpose financial statements have been prepared to satisfy the Board members’ reporting requirements under the Associations Incorporation Reform Act 2012.

For the purpose of preparing the financial statements, the Association is a not-for-profit entity.

STATEMENT OF COMPLIANCE The financial statements have been prepared in accordance with the Associations Incorporation Reform Act 2012, the recognition and measurement requirement specified by all Australian Accounting Standards and Interpretations, and the disclosure requirements of Accounting Standards AASB 101 ‘Presentation of Financial Statements’, AASB 107 ‘Statements of Cash Flows’, AASB 108 ‘Accounting Policies, Changes in Accounting Estimates and Errors’ and AASB 1054 ‘Australian Additional Disclosures’.

BASIS OF PREPARATION The financial statements have been prepared on the basis of historical cost. Historical cost is generally based on the fair values of the consideration given in exchange for goods and services. All amounts are presented in Australian dollars, unless otherwise noted.

ACCOUNTING POLICIES a. Inventories

Inventories are stated at the lower of cost and net realisable value. Costs of inventories are determined on a first-in-first-out basis. Net realisable value represents the estimated selling price for inventories less all estimated costs of completion and costs necessary to make the sale.

b. Property, Plant and Equipment Each class of property, plant and equipment is carried at cost less, where applicable, any accumulated depreciation and impairment losses.

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Depreciation Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives, using the straight-line method. The estimated useful lives, residual values and depreciation method are reviewed at the end of each reporting period, with the effect of any changes in estimate accounted for on a prospective basis.

A review of depreciation identified that previous rates used were too agressive. Depreciation rates have since been revised, however depreciation recognised in prior financial years has not been changed, rather, the change in depreciation rates has been accounted for on a ‘prospective’ basis.”

The depreciation rates used for each class of depreciable assets are:

Class of Fixed Asset Depreciation RateGymnastics equipment 10-25%Office equipment 5-50%Computer equipment 17-33%Motor Vehicle 8%

An item of property, plant and equipment is derecognised upon disposal or when no future economic benefits are expected to arise from the continued use of the asset. Any gain or loss arising on the disposal or retirement of an item of property, plant and equipment is determined as the difference between the sales proceeds and the carrying amount of the asset and is recognised in profit or loss.

c. Leases Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee. All other leases are classified as operating leases

Assets held under finance leases are initially recognised as assets of the Association at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the statement of financial position as a finance lease obligation.

Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately in profit or loss, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the Association’s general policy on borrowing costs. Contingent rentals are recognised as expenses in the periods in which they are incurred.

Operating lease payments are recognised as an expense on a straight-line basis over the lease term, except where another systematic basis is more representative of the time pattern in which economic benefits from the leased asset are consumed. Contingent rentals arising under operating leases are recognised as an expense in the period in which they are incurred.

In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis, except where another systematic basis is more representative of the time pattern in which economic benefits from the leased asset are consumed.

d. Impairment of Assets At each reporting date, the Association reviews the carrying amounts of its assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where the asset does not generate cash flows that are independent from other assets, the Association estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Recoverable amount is the higher of fair value less costs to sell and value in use. As the future economic benefits of the Association’s assets are not primarily dependent on their ability to generate net cash inflows, and if deprived of the asset, the Association would replace the asset’s remaining future economic benefits. The ‘value in use’ is determined as the depreciated replacement cost of the asset, rather than by using discounted future cash flows.

Depreciated replacement cost is defined as the current replacement cost of an asset less, where applicable, accumulated depreciation calculated on the basis of such cost to reflect the already consumed or expired future economic benefits of the asset. The current replacement cost of an asset is its cost measured by reference to the lowest cost at which the gross future economic benefits of that asset could currently be obtained in the normal course of business.

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Where an impairment loss subsequently reverses, the carrying amount of the asset (cash-generating unit) is increased to the revised estimate of its recoverable amount, but only to the extent that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at fair value, in which case the reversal of the impairment loss is treated as a revaluation increase.

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e. Employee Benefits A liability is recognised for benefits accruing to employees in respect of wages and salaries, annual leave, and long service leave when it is probable that settlement will be required and they are capable of being measured reliably.

Liabilities recognised in respect of short-term employee benefits, are measured at their nominal values using the remuneration rate expected to apply at the time of settlement.

Liabilities recognised in respect of long term employee benefits are measured as the present value of the estimated future cash outflows to be made by the Association in respect of services provided by employees up to reporting date.

f. Cash and Cash Equivalents Cash and cash equivalents includes cash on hand, deposits held at call with banks, other short-term highly liquid investments with original maturities of three months or less.

g. Revenue Recognition Revenue is measured at the fair value of the consideration received or receivable. Revenue is recognised when the right to receive the revenue has been established.

Revenue from registrations is recognised over the period the registration relates to.

Revenue from the sale of goods is recognised when the goods are delivered and titles have passed at which time the Association has transferred to the buyer the significant risks and rewards of ownership of the goods and the amount of revenue can be measured reliably.

Revenue from the provision of services is recognised upon the delivery of the service to the recipient.

Interest income from a financial asset is recognised when it is probable that the economic benefits will flow to the Association and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding and at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset’s net carrying amount on intial recognition.

All revenue is stated net of the amount of goods and services tax (GST).

h. Contributions - Government Grants/Donations A contribution occurs when the Association receives an asset, including the right to receive cash or other forms of asset without directly giving approximately equal value to the other party to the transfer; that is, when there is a non-reciprocal transfer. Contributions would include donations and government grants. Contributions that are income exclude contributions by owners.

Income from contributions is recognised when all the following conditions are satisfied:

• the Association obtains control of the contribution or right to receive the contribution;

• it is probable the economic benefits comprising the contribution will flow to the Association; and

• the amount of the contribution can be measured reliably.

Income arising from contributions is measured at the fair value of the contributions received or receivable.

i. Goods and Services Tax (GST) Revenues, expenses and assets are recognised net of the amount of goods and services tax (GST), except:

i. Where the amount of GST incurred is not recoverable from the taxation authority, it is recognised as part of the cost of acquisition of an asset or as part of an item of expense; or

ii. For receivables and payables which are recognised inclusive of GST.

The net amount of GST recoverable from, or payable to, the taxation authority is included as part of receivables or payables. Cash flows are included in the statement of cash flows on a net basis. 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.

j. Trade and Other Payables Trade and other payables represent the liability outstanding at the end of the reporting period for goods and services received by the Association during the reporting period which remain unpaid. The balance is recognised as a current liability with the amounts normally paid within 30 days of recognition of the liability.

k. Trade and Other Receivables Receivables are measured at amortised cost less any impairment. An estimate for doubtful debts is made when collection of the full amount is no longer probable.

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l. Provisions Provisions are recognised when the Association has a present obligation (legal or constructive) as a result of past event, it is probable that the Association will be required to settle the obligation, and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the end of the reporting period, taking into account the risks and uncertainties surrounding the obligation. When a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (where the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

m. Critical Accounting Estimates and Judgments

Key judgements - Impairment

The Association assesses impairment at the end of each reporting period by evaluating conditions and events specific to the Association that may be indicative of impairment triggers. The board do not believe that any indicators of impairment exist at the reporting date.

Key estimates - Employee benefits

The long service leave provision is based upon the probability that staff will continue to be employed by the Association until such time as they are entitled to long service leave on a pro-rata basis. These probabilities are estimates based on past history of staff turnover.

Annual leave entitlements as at 31 December 2014 for the majority of staff are expected to be used within 12 months of balance date. Therefore the provision for annual leave is calculated on a normal basis rather than discounting the annual leave liability over the period in which the annual leave is expected to be used.

Key judgments - Provision for impairment of receivables

All long standing debts identified by management through correspondence and those which are unlikely to be received have been included in the provision for impairment of receivables.

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

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2014 2013$ $

NOTE 4: SURPLUS/ (DEFICIT) FOR THE YEARSurplus / (Deficit) for the year has been arrived at after charging (crediting):

Depreciation of property, plant and equipment 20,709 26,301Employee benefits expense 1,826,362 1,914,407Doubtful debt expense 17,156 - Gain on sale of non-current assets (21,429) -

NOTE 5: CASH AND CASH EQUIVALENTSFor the purposes of the statement of cash flows, cash and cash equivalents include cash on hand and in banks, net of outstanding bank overdrafts. Cash and cash equivalents at the end of the reporting period as shown in the statement of cash flows can be reconciled to the related items in the statement of financial position as follows:

Cash at bank – Cheque account 101,751 33,505 Cash at bank – On-line Savings account 328,788 50,000 Cash at bank – Term Deposit account 350,000 150,000 Cash on hand – Petty Cash 432 835 Cash at bank – VGA WAG Judges account 40,503 29,498

821,474 263,838

(a) Reconciliation of surplus/ (deficit) for the year to net cash flows from operating activities

Cash flows from operating activitiesSurplus for the year 244,239 (138,961)Depreciation of non-current assets 20,709 26,301Asset replacement - 28,211Gain on sale of non-current assets (21,429) -

243,519 (84,449)Movements in working capital

(Increase)/Decrease in trade and other receivables (185,809) 88,853Decrease/(Increase) in inventories 32,078 (8,766)Decrease/(Increase) in other assets 51,967 (9,978)Increase/(Decrease) in trade and other payables 110,860 (119,389)Increase/(Decrease) in trust funds 28,250 (8,148)Increase/(Decrease) in income in advance 275,644 (161,749)Increase/(Decrease) in provisions 34,298 (110,844)

Net cash generated by/(used in) operating activities 590,807 (414,470)

NOTE 6: TRADE AND OTHER RECEIVABLESTrade Receivables 304,610 85,502Allowance for doubtful debts (17,156) -

287,454 85,502Other Receivables 20,802 36,945

308,256 122,447

NOTE 7: INVENTORIESUniform apparel stock on hand 28,010 32,843Merchandise stock on hand 6,024 33,269

34,034 66,112NOTE 8: OTHER CURRENT ASSETSPrepayments 54,421 9,679Subscriptions - 2,000Technical committees - 1,818GST - 8,686

54,421 22,183

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2014 2013$ $

NOTE 9: PROPERTY, PLANT AND EQUIPMENTGymnastics Equipment Accumulated depreciation 567,289 526,725

(445,230) (471,173)122,059 55,552

Computer and Technical EquipmentAccumulated depreciation 117,088 113,479

(102,047) (94,220)15,041 19,259

Office Furniture and EquipmentAccumulated depreciation 52,982 49,106

(41,453) (39,535)11,529 9,571

Motor Vehicle - WG HPC BusAccumulated depreciation 27,273 27,273

(27,273) (27,273) - -

Property, Plant and Equipment148,629 84,382


Gymnastics equipment

Computer equipment

Office furniture and

equipmentMotor

Vehicle Total$ $ $ $ $

Carrying amount at 1 January 2014 55,552 19,259 9,571 - 84,382 Additions 86,974 3,609 3,876 - 94,459 Disposals (9,504) - - - (9,504)Depreciation expense (10,964) (7,827) (1,918) - (20,709)Carrying amount at 31 December 2014 122,058 15,041 11,529 - 148,628

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2014 2013$ $

NOTE 10: TRADE AND OTHER PAYABLES 155,044 4,170Trade payables 1,404 1,246Credit card expenses 190 10,006Accrued expenses 84,205 - GST, PAYG and Superannuation 240,843 15,422

Trade and other payables are on varying terms, between 7 - 45 days. No interest is charged on trade payables.

NOTE 11: TRUSTS AND OTHER FUNDS 18,683 13,916Nationals levy fund 55,400 42,700HPC Gymnast bonds 40,503 29,498VGA WAG judges account 15,013 15,013Trampoline sports account 12,084 12,306Lesley White fund 141,683 113,433

NOTE 12: INCOME RECEIVED IN ADVANCEClub affiliation 172,127 - State grant and funding 117,629 87,988Membership sales 78,786 4,910

368,542 92,898

NOTE 13: PROVISIONSSHORT TERM PROVISIONS 67,350 39,470Provision for annual leave 55,730 75,647Provision for long service leave 123,080 115,117LONG TERM PROVISIONS 26,335 - Provision for long service leave 26,335 -

NOTE 14: RESERVESCapital replacement reserve 123,843 102,843

123,843 102,843

The capital replacement reserve was established in order to faciliate the replacement requirements of the gymnastics programs including, but not limited to, MAG and WAG.

NOTE 15: CAPITAL AND LEASING COMMITMENTSThe Association has a five year leasing arrangement in place for the office photocopier until December 2015.

Commitments 0 - 1 year 6,516 6,516 Commitments 1 - 5 years - 6,516 Commitments 5+ years - -

6,516 13,032

NOTE 16: CONTINGENT LIABILITIES AND CONTINGENT ASSETSThe Board were not aware of any contingent liabilities or contingent assets at the end of the reporting period.

NOTE 17: EVENTS AFTER THE REPORTING PERIODThe financial report was adopted for issue on 26 March 2015 by the Members of the Board.

The Board has determined that no subsequent events have occurred after the reporting date that are likely to have a material impact on these financial statements.

NOTE 18: RELATED PARTY TRANSACTIONSGymnastics Victoria offers honoraria to some technical members and some Board members in appreciation of their voluntary commitment and outgoings to the Association.

NOTE 19: REMUNERATION OF AUDITORSAudit of the financial statements 14,000 9,700 Other services - grant acquittals 1,000 375 Other services - internal controls review 3,000 - Other services - employee matters - 250

18,000 10,325

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STATEMENT BY MEMBERS OF THE BOARDIn the opinion of the Board the financial statements as set out on pages 2 to 15:

1. Presents a true and fair view of the financial position of Gymnastics Victoria as at 31 December 2014 and its performance for the year ended on that date in accordance with Australian Accounting Standards of the Australian Accounting Standards Board.

2. At the date of this statement, there are reasonable grounds to believe that Gymnastics Victoria will be able to pay its debts as and when they fall due.

This statement is made in accordance with a resolution of the Board and is signed for and on behalf of the Board by:

DIRECTOR Michael O’Neill (Board Member - Finance)Dated in Melbourne on this 26 day of March 2015.

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INDEPENDENT AUDIT REPORT

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AUDITOR’S DECLARATION

Gymnastics VictoriaStreet Address:138 High Street PRAHRAN VIC 3181Mail Address:PO Box 350PRAHRAN VIC 3181Tel: (03) 9214 6020Fax: (03) 9214 6024Email: [email protected]: 58 743 526 750

Sponsors & Partners

Major Partners:

Gold Sponsor: Silver Sponsors:

Bronze Sponsors: Preferred Suppliers:

Partners:

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