The 2022 Ra-Aus Annual General Meeting will be held this Saturday 26th November at 10.00 am.
Should any members register via Ra-Aus and want to view at the Club please let Teresa know of your intent, and I would be happy to set up an area to view on Saturday morning.
Click here: RSVP:
Sunshine Coast Aero Club.
|2022 ANNUAL GENERAL MEETING |
By Bradley Shallies, Company Secretary
RAAus invites members to the 2022 AGM
The AGM will be held at Ainslie Football Club, 52 Wakefield Avenue Ainslie ACT 2602 and via Microsoft Teams on Saturday 26 November 2022 at 10:00am (AEDT).
Members wishing to attend via Microsoft Teams and exercise their right to vote must Register here by COB Wednesday 23rd November 2022. Once registered you’ll receive an automated email containing the joining instructions. If you do not receive this in your email inbox please check your ‘Junk mail’ folder’.
Upon RSVP’ing to attend in person or registering to attend via Microsoft Teams, RAAus will check your membership details and confirm they are current.
AGENDA AND RESOLUTIONS
- Opening of the meeting
- Receipt of apologies and proxies
- Confirmation of quorum
- Declaration of the result of the election*
- Minutes of the last Annual General Meeting
- Business arising out of the minutes of the last Annual General Meeting
- Voting on any motions put to the meeting
- Presentation of Annual Reports
- Chair (see annual report)
- Audited Financial Reports (see annual report)
- CEO (see annual report)
9. Close of Annual General Meeting
*As there were only three candidates for the three vacant positions an election was not required and candidates are elected unopposed.
Following the AGM, a member’s question-and-answer forum (in-person and online) will be held. Those in attendance are invited to join the Board and staff for light refreshments afterward.
2021-2022 Financial Statements and Audit Report
RAAus is pleased to present members with our audited financial statements for the 2021-2022 financial year.
RAAus posted a comprehensive surplus of $564,875 for the full year. It should be noted however that this was assisted by the revaluation of the RAAus owned property in Fyshwick ACT, which saw an increase in value by $639,886 since its last valuation in 2019. The underlying result was ($75,011), which pleasingly, was still ahead of the budget.
Excluding the building revaluation, revenue of $3,018,831 was recorded during the year which was up 9.4% from the previous year. Expenditure of $3,093,842 was recorded, which was an increase by of 7.9% but ahead of budgeted due to management’s focus on cost containment post-COVID-19 lockdowns in 2021.
Members can download the full financial statements here.