MEADOW HEIGHTS LEARNING SHOP Inc.
Trading as:
Meadow Heights
Education Centre
ANNUAL REPORT
2014
www.mhls.com.au
CREATING OPPORTUNITIES, OPENING DOORS
Our Purpose
The Learning Shop aims to improve quality
of life through adult education for the
community, in a safe non-threatening
environment, in the areas of education,
recreation, leisure and children’s services.







Our Aims and Objectives
Meet the needs of our culturally and
linguistically diverse and socio economically
disadvantaged community
Provide accessible further education and
vocational education and training
Provide youth, recreation and leisure programs
Provide community services and development
support
Provide free services to those experiencing
poverty or challenging circumstances
Engage the local community in the learning
Shop
To develop fundraising and income raising
activities.
Meadow Heights Education Centre
Financial Report for the year ended 31 December 2014
page 2
Our Board of Management 2014
President
Phillip Perroni
Treasurer
Richard Turnbull
Secretary
Frank Devlin
Committee Member
Ken Thompson
Committee Member
Vic Dougall
The Board established the following Committees:
 Finance Members: Mr. Richard Turnbull, Mr. Charles Cilia,
Mr. Phillip Perroni, Mr. Ken Thompson, Mr Frank Devlin and Ms.
Rhonda Sadovsky
 Human Resource: Mr. Phillip Perroni, Mr. Richard Turnbull,
Mr. Charles Cilia
Meadow Heights Education Centre
Financial Report for the year ended 31 December 2014
page 3
Meadow Heights Learning Shop Inc.
RTO 3940 Reg.No.A0029457W ABN: 31 721 175 099
NOTICE OF MEETING
The Annual General Meeting of the Meadow Heights Learning Shop Inc. will be
held at 6.00pm on Tuesday May 29th 2015 in the Function Room of the
VisyCares Learning Centre Building 3-13 Hudson Circuit, Meadow Heights.
AGENDA
1. WELCOME and APOLOGIES
2. MINUTES
The Minutes of the meeting held on May 27th 2014 are attached.
It is RECOMMENDED:
THAT the minutes of the AGM held on May 27th 2014 be confirmed as a true and
correct record.
3. ANNUAL REPORT
It is RECOMMENDED:
a. THAT the AGM receive the Annual Report
b. THAT the AGM receive the statement submitted by MHLS in accordance with
section 30(3) of the Act
c. THAT the Auditor LDAssurance be reappointed for a further period of one
year.
d. That Meadow heights Learning Shop Incorporated new constitution in line with
the Model Rules be adopted
4. SPECIAL BUSINESS
5. ELECTIONS
6. CLOSURE
All members and guests are invited to remain for light refreshments and
conversation
Please Note: The meeting date should read Thursday 28th May 2015
not Tuesday May 29th 2015.
Meadow Heights Education Centre
Financial Report for the year ended 31 December 2014
page 4
RECORD OF 2014 AGM MEETING
The Annual General Meeting of the Meadow Heights Learning Shop Inc. was
held at 5.00 pm on Thursday May 29th 2014 in the Wet and Dry Room, Visy
Cares Learning Centre 3-13 Hudson Circuit Meadow Heights.
Charles Cilia Chaired the AGM
MINUTES
1. WELCOME and APOLOGIES
a. The Director Charles Cilia welcomed members and guests to the
twenty-first Annual General Meeting.
b. 18 people attendant, the register was signed by all members and
guests. The register is attached to the original of these minutes. 9
members were present (or 10 % of membership), accordance with rule
15 of the constitution there was a quorum present.
c. Various people were invited to attend the meeting but were unable to
attend for various reasons. We received twenty apologies of which
three were members. Apologies from those people have been
recorded in the register.
d. No proxies were received.
As guest speaker Mr Frank Devlin talked briefly of the endeavours and achievements
made over the years by staff of Meadow Heights Learning Shop Inc.
2. MINUTES
The Minutes of the meeting held on May 28th May 2013 had been circulated
and were included in the Annual Report.
Having been correctly moved and seconded it was RESOLVED:
THAT the minutes of the AGM held on May 28th 2013 be confirmed
as a true and correct record.
Moved
Ken Thompson Seconded Richard Turnbull
All in favour.
3. ANNUAL REPORT
The President Mr Phillip Perroni presented his report and highlighted some of
the Achievements of Meadow Heights Learning Shop Inc. He explained the
importance of fitting in the community and the role MHLS has played in the
past for the betterment of the community.
President’s report was presented and placed on file.
Meadow Heights Education Centre
Financial Report for the year ended 31 December 2014
page 5
Mr Frank Devlin (former Manager) presented his report and gave a brief
speech on the successes of Meadow Heights Learning Shop Inc. Manager’s
speech and report presented and on file.
Mr Richard Turnbull presented the Treasurer’s Report which was included the
Annual Financial Report and Auditor’s Report.
All reports were included in the Annual Report which was tabled.
It was RESOLVED:
a. THAT the AGM receive the Annual Report for 2013
b. THAT the AGM receive the statement submitted by MHLS in
accordance with section 30(3) of the Act
c. THAT as part of the Board’s recommendation, that LD Assurance
be appointed as auditor for another year
Moved by Mr Richard Turnbull Seconded by Mr Phillip Perroni.
All in favour.
4. SPECIAL RESOLUTION:
Charles Cilia tabled the new constitution “Model Rules for an Incorporated
Association”, relating to the Associations Incorporation Reform Act 2012.
Charles noted that a copy of the new constitution was sent to all Board
Members at an earlier date for them to read and recommend amendments if
required.
Having been correctly moved and seconded it was RESOLVED:
THAT the Model rules for an Incorporated Association be accepted
and adopted by Meadow Heights Learning Shop Inc.
Moved by Mr Michael Hall Seconded by Mr Phillip Perroni
All in favour.
There was no special business of which notice had been given.
5. ELECTIONS
Anthony Cilia performed the duties of Returning Officer for the declaration of the
poll. The following members were declared elected or appointed to the Board of
Management;
Letters of resignations from the Board were received from Joseph Curkovic and
David Mazotta
Elected Members:
Richard Turnbull
Member
Ken Thompson
Member
Phillip Perroni
Member
Frank Devlin
Member
Vacant/Doubtful
Meadow Heights Education Centre
Financial Report for the year ended 31 December 2014
page 6
Vic Dougall
Veronica Jamison
Member
Member
Vacancy:
3 Positions were declared not filled. It was recommended that these
positions be filled as Casual Positions at the next meeting.
Moved Michael Halls Seconded Frank Devlin
All in favour
Having been correctly moved and seconded it was RESOLVED:
As no actual nomination forms were received, it was recommend
that the three Board vacancies be declared as casual vacancies
and referred to the Board to be filled at the earliest opportunity
Moved by Mr Michael Hall Seconded by Mr Phillip Perroni
All in favour.
The report of the Returning Officer was received and the members of the
Board congratulated on their election and appointment.
6. CLOSURE
Charles Cilia thanked all those that participated. He gave a special thank you
to Rhonda Sadovsky for her tireless work in maintaining our financial records
and with providing sound financial advice when required. A special thanks
went to Ms Dianne Campbell for her assistance throughout the year and being
responsible for the meeting’s catering.
There being no further business the meeting closed at 6.50 pm. All members
and guests remained for light refreshments and conversation.
Meadow Heights Education Centre
Financial Report for the year ended 31 December 2014
page 7
PRESIDENT’S REPORT
Everything that Meadow Heights Education Centre does is guided by its Purpose,
which is to:
Improve quality of life through adult education for the community, in a safe nonthreatening environment, in the areas of education, recreation, leisure and children’s
services.
By remaining focused on its purpose, Meadow Heights Education Centre was able to
achieve its Aims and Objectives, which require us to:
Provide accessible further education and vocational education and training
Provide youth, recreation and leisure programs
Provide community services and development support
Meet the needs of our culturally and linguistically diverse and socio economically
disadvantaged community
Provide free services to those experiencing poverty or challenging circumstances
Engage the local community in the Education Centre
To develop fundraising and income activities
A very successful year for Meadow Heights Education Centre saw continued growth
in these areas:
AMEP classes
Language and literacy classes
Vocational classes
Computer Clubhouse Membership
Asylum seeker programs
2014 was also a big year for Buchan Street Community Centre, with extensive
renovations made to the Community Garden, including:
Construction of a 23 metre long retaining wall
Construction of a 12 metre long pergola
Extension of the external security fence, effectively adding 45 square metres to the
available space
The Meadow Heights Men’s Group continued to grow, with the average attendance
increasing from 12 to 14 per day, and the Community Kitchen program members
gained valuable gardening skills as they learned how to grow and cook their own
vegetables in the community garden. Music events, health seminars, planting days
and a tai chi program were just some of the free programs that were made available
to the local community at Buchan Street during the year.
At Shop 24 our Computer Clubhouse & Homework Support program continued with
its endeavours of finding work for local young people. This has resulting in increasing
numbers of youth viewing it as the place to find real assistance in getting a job, with
membership of the program climbing steadily during the year.
I would like to thank the staff of Meadow Heights Education Centre as well as Board
members and our wonderful community volunteers for all of their hard work in 2014,
and I look forward to successfully working together again in 2015 to make MHEC an
even stronger organisation into the future.
Phillip Perroni
President: Meadow Heights Education Centre.
Meadow Heights Education Centre
Financial Report for the year ended 31 December 2014
page 8
MANAGER’S REPORT
I am pleased to present the Meadow Heights Learning Shop Inc. Annual report for
2014 and hope that you find the report interesting and informative. I wish to
acknowledge both the committee and the dedicated staff for the warm welcome and
support given to me since my commencement as Director in mid-January 2014.
I would like to congratulate my predecessor for the leadership and vision in
contributing to the many accomplishments made by the organisation. Of course,
these achievements would not have been accomplished without the Full Corporation
and effort of the committee and staff of the last twelve months.
The past year has been a challenging, yet rewarding and successful one. Meadow
Heights Learning Shop Inc.’s greatest achievements has included its ongoing
efficient ability to deliver service across a range of locations for a diverse range of
communities. At the same time, this has been undertaken by developing projects
which focused on innovative services.
The name ‘Meadow Heights Education Centre’ was registered this year as the
trading name for Meadow Heights Learning Shop Inc. It received a lot of positive
comments from various people and organisations. I believe that The Learning Shop
has outlived its name. The shop has grown to be more than just one shop and one
location and therefore the new trading name is more reflective to the type of service
we deliver throughout Meadow Heights and adjoining communities.
Meadow Heights Education Centre is currently delivering classes in eight different
locations within 10 km radius of its head office. It is envisaged that there will be
additional locations in 2015 year.
This year Certificate III in Education Support was upgraded by two units from 15 to
17. 10 out of 17 where new units. The inclusion of additional units made Certificate III
in Education Support an addition to Scope which meant that Meadow Heights
Education Centre could not deliver the course until it was added to its scope.
The inaugural class started on 10 October 2014 to finish 22 weeks later. In addition
to extra units the student placement was increased to 200 hours.
This year, there were several new items introduced in conjunction with Meadow
Heights Education Centre continuous improvements policy. Some of these are:



The new improved web site allows staff to upload or download data as
required.
The introduction of flights 5 large TV screens to aid with the delivery the
lessons.
The introduction of electronic student attendance record that are uploaded
each week into new website.
The introduction of the new logo clearly defining Meadow Heights Education
Centre as a Registered Training Organisation.
In 2014 the administration and teaching staff have continued to improve and deliver
high quality adult education to the community, in a safe non-threatening environment.
Charles Cilia: Director
Meadow Heights Education Centre
Meadow Heights Education Centre
Financial Report for the year ended 31 December 2014
page 9
YOUR LOCAL COMMUNITY
COLLEGE…
Meadow Heights Learning Shop Inc is
A registered and accredited State Adult,
Community and Further Education provider
A nationally accredited Registered Training
Organisation and
A listed Commonwealth TAFE institute for
taxation purposes.
We would like to thank the
following agencies and
individuals for their generous
grants, gifts and donations:
Most of our courses are approved for
compliance with Centrelink Benefit and Youth
Allowances, Austudy and Abstudy payments.
Several students receive the Return to
Earnings grant. Some courses are approved for
the Commonwealth Productivity Places
Program.
COMMUNITIES OF LEARNING, PARTNERSHIPS AND AFFILIATIONS
WORKING TOGETHER
The Community College program expanded significantly over 2014.
One of our objectives was to engage in a wider scope of cooperative partnerships with our
sister Neighborhood Houses and Learning Centres. Our agreements with these partners saw
an enhanced range of the community accessing education and training over a wider portion
of the Hume Municipality.
All of the courses (Pre Accredited and Accredited) which we offer are of high quality and are
focused on developing in students’ skills and knowledge to enter employment in their area of
interest and to encourage a commitment to lifelong learning.
Meadow Heights Education Centre
Financial Report for the year ended 31 December 2014
page 10
WORKING TOGETHER (cont,)
Homestead Community Arts and Cultural Centre (HCACC)
 Spoken and Written English
 Skills for Education and Employment (SEE) Classes
 Adult Migrant Education Program (AMEP) Classes
Meadow Heights Primary School.
 Pre-accredited Tasters
 Food Handling Courses
Tullamarine Community House (TCH)
 Hospitality
 Certificate III in Business Administration (MYOB)
Sunbury Neighbourhood House. (SNH)
 Certificate III in Education Support
 Skills for Education and Employment (SEE)
Fawkner Community House
 Certificate I , II and III in Information Technology
 ESL Programs.
Dallas Brooks Primary School
 Food Handling Courses
St Dominic’s
 Food Handling Courses
Macedon Ranges Further Education
 Certificate III in Education Support
Shop 24 continued to be a valuable learning environment for the residents of Meadow Heights.
Programs were run in this facility during the day and evening. In this educational setting the
following programs were conducted:








ESL classes
Diploma of Beauty.
Certificate III in Educational Support
Certificate IV in Educational Support
AMEP Classes
Asylum Seekers Program
Citizenship Program
Certificate III in Business Administration
Shop 24 was also the venue of the Computer Clubhouse which operated throughout the year.
Attendances were up on 2012 figures and this venue provided assistance to many of the Hume
youth residents with valued homework programs. In 2013.The Computer Clubhouse continued with
it work in assisting youth fine employment. Throughout the year over 20 youth were assisted in
finding either full time or part time employment
Meadow Heights Education Centre
Financial Report for the year ended 31 December 2014
page 11
EDUCATION AND TRAINING PROGRAMS.
Multicultural
Approximately 80% of our education and training programs are engaged in Language
and Literacy courses.
Participation by each target group
ACFE & Fee for Service Skills Vic
Skills for Education and Employment (SEE)
Adult Migrant Education Program (AMEP)
Computer Clubhouse
2011
480
177
350
172
1179
2012
495
199
312
55
1061
2013
365
175
249
70
859
2014
346
129
274
114
863
Total Hours Delivered 2014
Adult Migrant Education Program (AMEP)
47,437
35,558
Skills for Education and Employment (SEE)
Statistical Information on students (not including participants in the Computer
Clubhouse)
Higher Education and Skills Group
(HESG) Delivery Hours/ACFE
Vocational
Adult, Literacy and Numeracy
Employment Skills
Foundation Skills
Skills Creation (1&11)
Skills Building
Skills Deepening
Total
Students born overseas
Students with concession cards
Meadow Heights Education Centre
Financial Report for the year ended 31 December 2014
2011
2012
2013
2014
3,261
6,117
5,220
42,487
10,246
51,189
7,568
126,088
1,460
6,608
4,536
6,608
15,942
89,894
14,165
139,213
6,346
5,244
5,590
50,922
7,025
56,504
3,456
135,087
2,920
5,460
5,184
27,940
4,870
56,151
2,606
105,131
79.1%
86.5%
page 12
Student Surveys
All students (Excluding AMEP students) Survey
Response
Strongly
Disagree
Disagree
Agree
Strongly
Agree
Positive
Average
response
Statement
%
%
%
%
%
Trainers encouraged learners to ask questions.
0
0
47.2
52.8
100
Trainers made the subject as interesting as possible.
0
0
58.5
41.5
100
Trainers had an excellent knowledge of the subject
content.
0
0
49.1
51
100
Trainers explained things clearly.
0
0
52.8
47.2
100
Overall, I am satisfied with the training.
0
0
47.2
52.8
100
I would recommend the training to others.
0
0
62.3
37.7
100
I would recommend the training organisation to others.
0
0
41.5
58.5
100
I received useful feedback on my assessments.
0
0
47.2
52.8
100
Assessments were based on realistic activities.
0
0
64.2
35.9
100
0
0
52.8
47.2
100
1.9
0
54.7
43.4
98.1
It was always easy to know the standards expected.
0
0
67.9
32.1
100
I usually had a clear idea of what was expected of me.
0
0
49.1
51
100
Trainers made it clear right from the start what they
expected from me.
0
0
51
49.1
100
I was given enough material to keep up my interest.
0
0
60.4
39.6
100
The amount of work I had to do was reasonable.
0
0
69.8
30.2
100
The training was at the right level of difficulty for me.
1.9
5.7
51
41.5
92.5
The training focused on relevant skills.
1.9
0
52.8
45.3
98.1
The training prepared me well for work.
0
1.9
64.2
34
98.1
The training had a good mix of theory and practice.
0
0
64.2
35.9
100
1.9
3.8
58.5
35.9
94.3
I learned to work with people.
0
0
52.8
47.2
100
I identified ways to build on my current knowledge and
skills.
0
3.8
67.9
28.3
96.2
I developed the knowledge expected from this training.
1.9
5.7
47.2
45.3
92.5
I learned to plan and manage my work.
1.9
0
45.3
52.8
98.1
0
0
52.8
47.2
100
1.9
5.7
45.3
47.2
92.5
3.8
5.7
49.1
41.5
90.6
Training organisation staff respected my background
and needs.
0
3.8
47.2
49.1
96.2
The training was flexible enough to meet my needs.
0
0
60.4
39.6
100
The training organisation had a range of services to
support learners.
0
1.9
47.2
51
98.1
I set high standards for myself in this training.
0
3.8
60.4
35.9
96.2
I pushed myself to understand things I found
confusing.
0
1.9
56.6
41.5
98.1
I looked for my own resources to help me learn.
0
5.7
52.8
41.5
94.3
1.9
3.8
51
43.4
94.3
The way I was assessed was a fair test of my skills and
knowledge.
The training organisation gave appropriate recognition
of existing knowledge and skills.
I developed the skills expected from this training.
Training resources were available when I needed
them.
The training used up-to-date equipment, facilities and
materials
Training facilities and materials were in good condition.
I approached trainers if I needed help.
Meadow Heights Education Centre
Financial Report for the year ended 31 December 2014
page 13
All students (Excluding AMEP students) Survey
Scores are reported on the response scale of 0 to 100, where 0 means “strongly disagree” and
100 means “strongly agree”
Summary statistics Learners
Average
Score
82.7
81.3
81.3
78
78.8
79
79.2
81.6
78.6
83.2
Scale
Trainer Quality
Effective Assessment
Clear Expectations
Learning Stimulation
Training Relevance
Competency Development
Training Resources
Effective Support
Active Learning
Overall Satisfaction
Adult Migrant Education Program (AMEP) Students Survey
Settlement Program
Learning about Australian culture
Rights and responsibilities
Driving
Transport
Work
Health
The Education
Computers
Telephoning
Money
Banking
Housing
Leisure
Environment
Safety
Centrelink
Statement
The Teacher gives new information which is
Meadow Heights Education Centre
Financial Report for the year ended 31 December 2014
I learned
31.2%
48.0%
60.1%
64.6%
43.0%
81.9%
63.1%
44.9%
63.9%
81.3%
61.5%
56.6%
67.6%
41.1%
52.3%
63.8%
I want to
Learn
22.0%
52.0%
39.9%
35.4%
57.0%
18.1%
36.9%
55.1%
36.1%
18.7%
38.5%
43.4%
32.4%
58.9%
47.7%
36.2%
Total
Response
136
204
213
223
214
243
222
196
216
209
205
189
210
192
199
199
Too
Too
Total
fast
slow
Ok
Response
0.3%
0.7%
99.0%
287
page 14
Adult Migrant Education Program (AMEP) Students Survey cont.,
Yes
98.5%
77.6%
No
1.5%
22.4%
Total
Response
267
241
60.3%
94.8%
99.3%
96.9%
64.6%
89.8%
91.5%
100.0%
97.9%
98.6%
89.8%
91.5%
100.0%
97.9%
98.6%
39.7%
5.2%
0.7%
3.1%
35.4%
10.2%
8.5%
0.0%
2.1%
1.4%
10.2%
8.5%
0.0%
2.1%
1.4%
214
289
286
286
280
283
283
284
285
282
283
283
284
285
282
96.0%
4.0%
278
96.0%
85.2%
4.0%
14.8%
278
277
88.7%
90.1%
77.4%
81.4%
11.3%
9.9%
22.6%
18.6%
142
273
270
263
Statement
I learned things that will help me settle in Australia
The teacher gave me information in my language
The teacher showed me information on the internet in my
language
The class is at the right level for me
The teacher often has time to check each student's work
I am happy with the home work I am given
I want more homework
I know about the CSWE Certificate
I know how my English will be assessed
Before I do a test the teacher explains it to me
When I don't pass a test I know why
I feel that the testing is fair
I know about the CSWE Certificate
I know how my English will be assessed
Before I do a test the teacher explains it to me
When I don't pass a test I know why
I feel that the testing is fair
I know that I can speak to an AMEP counsellor for more
study and employment information
I am happy with the support and information I get from the
centre
I know what to do if I have a complaint
If you have made a complaint, are you happy about the way
the complaint was handled?
I know about the Fee Free Translation Service
I know there is a Distance Learning Program
I know there is a Home Tutor Scheme
Statement
Yes
Do you feel that your cultural background is valued
and respected in your AMEP class and at this centre?
Would you recommend this course to others?
Can you suggest any ways to improve your centre?
Did you get an Individual Pathway Guide?
Have you done a Settlement Course?
Have you met with your counsellor?
99.2%
100.0%
97.7%
75.6%
81.3%
80.7%
Meadow Heights Education Centre
Financial Report for the year ended 31 December 2014
No
0.7%
0.0%
2.3%
17.5%
12.6%
14.3%
Don't
know
0.1
0
0
6.9%
6.1%
5.0%
page 15
Total
Response
260
251
87
260
262
238
AMEP Students.
47,437 hours of face to face teaching was delivered in the AMEP classes. Over 270
students attended classes in various locations. The students came from over 25
different countries.
Skills for Education and Employment (SEE)
2014 saw the continuation of the SEE classes at Meadow Heights Education Centre.
A total of 129 students participated in the SEE program during the year:1 Classes at VisyCares Learning Centre
2 Classes at Buchan St Community Centre
1 Class at the Homestead Community Centre
1 Class at Craigieburn global Village
A highlight for the AMEP and SEE programs was the end of year excursion to the
Melbourne zoo. On Thursday December 18th, were 300 plus students and their
teachers from all centres providing AMEP and SEE classes went to the Melbourne zoo
in four buses. All students came away with a happy and pleasant experience.
Qualifications Completed 2014
In 2014 we offered and ran the following courses:
BSB30412
ICA10111
ICA20111
ICA30111
SIB30110
22234VIC
22235VIC
22236VIC
22237VIC
10361NAT
10362NAT
10363NAT
10364NAT
CHC30812
CHC41708
Certificate III in Business Administration.
Certificate I in Information, Digital Media and Technology
Certificate II in Information, Digital Media and Technology
Certificate III in Information, Digital Media and Technology
Certificate III in Beauty Services
Course in Initial General Education for Adults
Certificate I in General Education for Adults (introductory)
Certificate II in General Education for Adults.
Certificate II in General Education for Adults.
Course in Preliminary Spoken and Written English
Certificate I in Spoken and Written English
Certificate II in Spoken and Written English
Certificate III in Spoken and Written English
Certificate III in Education Support
Certificate IV in Education Support
These courses were delivered in 16 venues in Meadow Heights and the surrounding
location. In addition to classes being offered at Visy Cares Learning Centre, Meadow
Heights Community Centre - Buchan Street, and Shop 24,Paringa Blvd, classes were also
conducted at Craigieburn Global Learning Village, Craigieburn Leisure Centre, Tullamarine
Community House, Homestead Community Arts and Cultural Centre Roxburgh Park ,
Coolaroo South Primary School, Sunbury Neighbourhood House, Meadow Heights Primary
School, Dallas Brooks Community Primary Schools, Holy Child Primary School, St Dominic’s
Primary School Broadmeadows, Craigieburn Primary School, Coolaroo West Community
Centre and Fawkner Community House. During the year some of the courses
codes/structure/contents were changed and our scope was updated accordingly with
training.gov.au.
Meadow Heights Education Centre
Financial Report for the year ended 31 December 2014
page 16
Education Support Certificates 2014
In 2014 Certificate III and IV in Education Support courses were delivered.
The certificate III was delivered at Visy care Learning Centre as well as at the
Macedon Ranges Further Education Centre. Successful completions were high for
both courses.
Students in these courses worked hard and were glad to extend their skills and
knowledge to better themselves. They all look forward to apply their knowledge in the
industry. Feedback on the value of the course was extensive with all students noting
that they were pleased to have enrolled and completed it.
Due to updated certificate in education support, Meadow Heights Education Centre
were not able to deliver these courses until October 2014. Unfortunately and to some
degree by design only certificate III in education support was added onto our scope.
These updates help the course to stay current with industry standards and
requirements for graduate employees.
Beauty Report.
Currently we are delivering three Certificate III in Beauty Services courses on a full
time basis as well as a Certificate II in Make-up which is available once a week in the
evenings.
At the moment we are able to provide registered and up to date courses, at a
minimum costs to thirty-eight students from very low social-economic background.
All our students are woman from aged from 17-45 plus years old. Most of them
English is their second language.
We are all aware of the issues our students have to face so not only we provide the
curriculum but we are also dedicate some of our time to help and support our
students by providing them a safe and friendly environment to study as well as
providing referrals to other professional community organisations when needed.
Our main aim is to give to all our students the opportunities and advantages we can
in order to see them succeed on their chosen field either in furthering their education
or starting their own new career paths. After completing their studies, approximately
70% of our students have been able to commence work on their chosen field either
on part time or full time basis.
Beauty Tutors: Ms. Poppi Papamikroulis, Ms. Veronka Cvak and Mr. Anthony Cilia
Meadow Heights Education Centre
Financial Report for the year ended 31 December 2014
page 17
2014 was another busy year for Clubhouse with wonderful outcomes. We mainly
operate as a “Drop in Centre” where we cater for the needs of over 40 youth on daily
basis. Our youth range in age of 10-25 years old, all from different cultural, gender
and socio economic backgrounds, thus we have developed programmes to cater to
their needs.
The following list is some of the things that we offer on daily basis:

Homework Support program
It runs 3 days per week after school hours; students can come in and get some help
and support with their schooling most of the time we offer tutors who come in and
work with students one to one.

Employment Pathways Program
We assist young people to find part-time or full-time employment. Some of the
services we provide is as follows:
 Resume Writing
 Job applications
 Interview skills
 Computer skills
 Dress code assistance
 Budgeting


We are extremely happy to announce that we have found successful full- time
basis employment for 39 youth from ages of 17-25 years old. Some of the
industries that our youth have full-time work at the moment are in retail,
painting, carpentry, plastering, garden maintenance, warehousing and security
services.
Further study
We are closely networking with other community organisations throughout the Hume
municipality, thus we are aware when apprenticeships, workshops and courses for
further study are on. We tend to encourage our clientele to participate in further
studying, 15 of our youth have successfully completed their studies in Security
services, Construction and warehousing operations.
Teen summit 2014
The Clubhouse coordinator and 3 youth were invited to attend the 2014 Teen summit
in Boston USA where they spent a week in Boston meeting other young members
from clubhouses all around the world. The outcome of this visit to Boston had a
positive influence on these young people. One of the youth who went to America,
Yasin Cengiz, moved to Queensland after his return where he is subcontracting
tomato farms. Tekin Tekin after his return has moved to Turkey where he is currently
Meadow Heights Education Centre
Financial Report for the year ended 31 December 2014
page 18
working as tour guide. Our 3rd youth Taya Smith is currently attending Roxburgh park
secondary and is also involved in our Easter and Hamper program.
 Christmas and Easter Hampers
Clubhouse coordinator and youth our involved in Food hamper program where they network
with local supermarkets and shop owners to collect donations. This year our youth have put
together 50 hampers and donated them to the following organisations: Salvation Army
Craigieburn, Lentara Broadmeadows, Fawkner Neighbourhood House, Coolaroo
Neighbourhood House.
As a small clubhouse we have been able to touch and improve the lives’ of over 40
people and we are still very keen in doing it again and grow in order to be able to
cater for more people. Our main aim is to encourage our young people in the
community to do something positive with their lives’ and reach for their dreams.
Community Garden
February 2014
Works on stage 1 of the Community Garden extension were completed, including:
 removal of existing fence
 excavation of the embankment
 installation of a retaining wall
 installation of a new extended fence with double rear gates
The above works enlarged the available garden space by 45 square metres.
August 2014
Work on stage 2 began, including:
 Construction & installation of a 12 meter x 4 meter pergola
 Undercoating/painting of the pergola to match the external colour of the
community centre
 Installation of a roof over the northern half of the pergola
 Installation of roof guttering & connection of downpipe to storm water system
October 2014
Work on stage 3 included:
 Scraping of the entire garden surface so that Tuscan toppings could be
installed
 Moving soil from existing garden beds to create new perimeter garden beds
 Refilling of existing garden beds with fresh topsoil
November 2014
The Community Safety fund grant & DFHCSIA volunteer grant allowed for:
 Installation of an internal security door and installation of external security
mesh over the existing rear porch area, turning it into a safe storage area
 Installation of a security fence and lockable gate across the community
garden, separating the vegetable garden from the pergola area, in order to
properly secure the garden
 Installation of a garden shed inside the fenced garden area
Meadow Heights Education Centre
Financial Report for the year ended 31 December 2014
page 19
Community Kitchen
Our wish to create a sustainable Community Kitchen program by growing our own
fruit and vegetables was put on hold during most of 2014 due to construction works
taking place in the garden. However, despite the delays we were still able to hold a
Cool Season vegetable planting day, a Warm Season vegetable planting day, a
Pickling Workshop and a Vietnamese cooking workshop. The main focus for our
weekly program was on budget cooking, and the group also did most of the catering
for the Frank Devlin’s farewell.
Men’s Club
The Meadow Heights Men’s Club continue to meet every Mon – Fri at Buchan Street
from 10am to 3pm, where they play cards, pool and backgammon and socialise.
Average attendance on any day is around 15 men. During 2014 the men attended
the Spring Planting Day, the Immigration Museum excursion and the Men’s Health
Seminar (Arthritis management and Prostate Cancer awareness).
Broadband for Seniors:
We tailored the Broadband for Seniors program to be for absolute beginners, with the
focus being on different forms of communication, such as: Learning how to use an
iPad, using google earth to locate their home and their home village, finding out how
to access newspapers and news services from overseas, how to set up an email
address and also how to take video footage of each other to send to relatives and
friends.
Grants
Meadow Heights Education Centre successfully applied for the following community
grants in 2014:
Name of Grant
Festival of Music Grant
Computer Clubhouse Arduino Kits
Community Safety Grant
Women’s Sewing Cafe
Small Infrastructure Grant
Total
Name of Funder
Hume City Council
Hume Charitable Fund
Community Crime Prevention,
DOJ
Victorian Women’s Benevolent
Trust
Lord Mayor’s Charitable
Foundation
Amount
$1400
$5000
$3910
$3000
$8430
$21,740
Connect 4 Well Being Program
Meadow Heights Education Centre collaborated with North West Mental Health,
Meadow Heights Primary school Hub and Bethal Primary School Hub in the Connect
4 Well Being program, with NWMH creating a video that was filmed at all 3 locations,
showing 5 key ways to good mental and physical health and wellbeing. The program
culminated in a joint Health & Well Being event run at Bethal Primary School Hub in
November, in which our Beauty Students donated their time and abilities to run
pamper beauty sessions for participants, to show how looking after yourself positively
affects your mental well-being. The Connect 4 Well Being program and collaboration
will continue in 2015.
Meadow Heights Education Centre
Financial Report for the year ended 31 December 2014
page 20
Volunteers at Meadow Heights Education Centre in 2014
Administration
Reception
Childcare
Maryam
Marooki
Nada Sahib
Maryam Marooki
Judy Yang
Nada Sahib
Sandra Abid
Gajra Rizvi
Maria Halos
Gajra Rizvi
Maria Halos
Mahera Ibrahimi
Ashorina Natsan
Gajra Rizvi
Hoda Kamali
Sarwet Iqbat
Ismahan Wairah
Muhammed Farouque
Khan
Nazish Rafique
ESL
Assistance
Abram Awdisho
Rahmi El
Accouni
Ashika Singh
2014 Events
Date
March 6
Name
Clean Up Australia Day
Venue
BSCC & Reserve
Partnership
MHEC
April 23
BSCC Community Garden
MHEC/DFHCSIA
April 30
Cool Season Planting
Day
Pickling Workshop
BSCC
MHEC/DFHCSIA
June
Men’s Health Seminar
BSCC
MHEC/Dianella
June 30
To
July 11
Sept 4
Tai Chi & Morning Tea
holiday program x 10
days
Hume Spring Planting
Day
Diabetes Awareness
workshop for Arabic
Speaking women
Diabetes Awareness
workshop for women
(English with Turkish
interpreter)
BSCC Excursion for
community groups &
students
Visy Cares Learning Centre
MHEC/HCC
Woodlands Park Greenvale
HCC/MHEC
Holy Child Church Meadow
Heights
MHEC/Victorian
Women’s
Benevolent Trust
MHEC/VWBT
Immigration Museum
Flinders St Melbourne
MHEC
Oct 14
Quit Smoking
workshop for Arabic
speaking women
Holy Child Church Meadow
Heights
MHEC/VWBT
Oct 16
Quit Smoking
workshop for women
(English with Turkish
interpreter)
Holy Child Church Meadow
Heights
MHEC/VWBT
Sept 10
Sept 11
Sept 15
Holy Child Church Meadow
Heights
Meadow Heights Education Centre
Financial Report for the year ended 31 December 2014
page 21
2014 Events cont.,
Date
Oct 21
Name
Breast Health
workshop for Arabic
speaking women
Breast Health
workshop for women
(English with Turkish
interpreter)
Venue
Holy Child Church Meadow
Heights
Partnership
MHEC/VWBT
Holy Child Church Meadow
Heights
MHEC/VWBT
Oct 30
Managing Anxiety &
Depression Workshop
Holy Child Church Meadow
Heights
MHEC/VWBT
Nov 6
Connect 4 Well Being
Community Day
Bethal Primary School Hub
Meadow Heights
Northwest Mental
Health/MHEC/M
Heights PS/ Bethal
PS/HCC
Nov 18
Showcase of Cultural
Talents
Summer vegetable
Planting Workshop
Buchan Street Community
Centre
Buchan Street Community
Garden
MHEC/HCC
BSCC Community
Groups Christmas
Party party
BSCC
MHEC
Oct 23
Nov 28
Dec 11
MHEC/DFHCSIA
Auspice Groups.
To foster Community Development and Participation, Meadow Heights Learning
Shop supports the following groups:



Somalia Australia Cultural Foundation Inc.
Broadmeadows Community Singers
Roxy Happy Club
Meadow Heights Education Centre
Financial Report for the year ended 31 December 2014
page 22
 Meadow Heights Education Centre
 Community Activities 2014

Paper Poppies for ANZAC day
Beauty Classes
Meadow Heights Education Centre
Financial Report for the year ended 31 December 2014
page 23
Skills for Education and Employment
Certificate Ceremony
This Year’s Excursion – Zoo
(over 300 Students attended)
Meadow Heights Education Centre
Financial Report for the year ended 31 December 2014
page 24
Volunteers
Volunteers are the backbones of the community. We would like to acknowledge and
thank all the following for their contribution to our activities:
Volunteers Meadow Heights Learning Shop Inc. 2014
Reception
Gulsen Yelec
Maria Halos
Marta Massoud
Administration
Gulsen Yelec
Maria Halos
Marta Massoud
John Esho
Community Development
Muhamed Haibe
Shmiran Khoshaba
Community Garden
George Barnett
Community Kitchen
Ilknur Yuksel
Childcare
Gajra Rizvi
Ismahan Wairah
Iswaaq Mahamad
Kifaya Haydaw
Najat Al Hassan
Nawal Banimortada
Neshibe Demiral
Nour Berbari
Rubina Shahid
Sundus Al Khafaji
Computer Clubhouse
Iman Omer Shere
ESL Assistance
Smaragda Kalamide
Zimei Huang
Mark Jessop
From our volunteering programs, all of the participants had the opportunity to develop
work and interpersonal skills whilst developing their confidence and self-esteem. It was
very rewarding that 3 of the volunteers went on to either full or part time employment.
Meadow Heights Education Centre
Financial Report for the year ended 31 December 2014
page 25
… AND COMMUNITY HUB.
Meadow Heights Learning Shop Inc is
A neighbourhood house and learning centre and
A registered occasional care childcare provider.
We would like to thank the following agencies and individuals for their
generous grants, gifts and donations:
Department of Planning and Community
Development
Department of Education and Early
Childhood Development
Community Building Hub
The following community groups and several individuals used the Visy Cares Learning
Centre, the Centro Meadow Heights Learning Centre or Buchan Street Community Centre
during the year:










Arabic Welfare Inc.
Friends of Buchan Street
Dianella Community Health Inc.
Hume City Council After School Program
Meditation Group
Mustafa Husan Taekwondo
Somalian Australian Culture Foundation Inc
Victorian Immigration and Refugee Women’s Coalition
Roxy Happy Club
Meadow Heights Occasional Care
Meadow Heights Education Centre
Financial Report for the year ended 31 December 2014
page 26
Hume City Council services
Services at the Visy Cares Learning Centre include
 Maternal and Child Health
 Immunization
 Hume City Mobile Library.
RELATIONSHIPS
To meet the needs of the community, Meadow Heights Education Centre
works in conjunction with a variety of community and business organisations. We
acknowledge them for their ongoing assistance.
Neighbourhood House Networks
 ANHLC, member
 NWNH Network
 Hume Houses Network, member
 Hume Houses ACFE Forum, chair
 Various Houses, DGR agent
Local Government
 Hume City Council, funding agency
 Hume Global Learning Village, member and service provider
 Hume City Council Neighbourhood Houses Working Group
Adult, Community and Further Education
 ACE Vic, member
 ACFE NMR, provider
 Northern AMEP Consortium, service provider
 Northern SEE Consortium, service provider
 NMIT Asylum Seeker provider
 ACFE Cluster (Homestead Arts and Cultural Centre, CEACC, Tullamarine CH,
Macedon Ranges FEC)

 Dallas Neighbourhood House, MOU lead and advisory agent
 Various ACE providers, MOU service provider
Government Departments
 Centrelink, training referrals
 DEEWR
 AMEP / SEE
 DPCD, funding agency NHCP and ACFE.
 DIIRD, funding agency, Higher Education and Skills Group, policy agency
 VMC, funding agency
 State Library of Victoria
 Vic Health, funding agency
 DEECD, funding agency
Community Health
 Victorian Police, Dianella Community Health and Sunbury Community Health Centre,
SFYS,
 Dianella Community Health Inc., service referral
 Hume City Council, Maternal and Child Health Service
Community/Local Agency Networks
Meadow Heights Education Centre
Financial Report for the year ended 31 December 2014
page 27











Australian Arabic Welfare
Hume Whittlesea Local Learning and Employment Network, member
Mustafa Husan Taekwondo
Meadow Heights Turkish Women’s Association
Somali Australia Cultural Foundation Inc.
Roxy Happy Club
Broadmeadows Community Singers
Migrant Resource Centre
Brotherhood of St Lawrence
Victoria Police
Relatewell
Schools/Education Services
 RMIT University, student placements
 Melbourne University: Student Teacher Placement
 Coolaroo South Primary School, partnership
 Roxburgh College
 Victoria University, student placements
 Kangan Batman TAFE, student placements.
 Meadow Heights Primary School
 Holy Child Primary School
 St Dominics Primary School Broadmeadows
Business
 Australasian Association of Registered Training Organisations Inc, member
 Centro Meadow Heights Shopping Centre
 Redall Business Communications, services
 Job Networks
 NMIT Consortium Member
PROGRAMS
Children’s Services
The Meadow Heights Occasional Care Childcare Service is partially funded by the
Department of Education and Early Childhood Development (1.64 places annually in the
ACFE Child Care Program) and the Adult Migrant Education Program. It is based at the
VisyCares Learning Centre, Meadow Heights. Throughout, 2014 with a change in direction
the program undertook growth and it is anticipated that this growth will continue thus
ensuring the long term viability of the service.
Meadow Heights Education Centre
Financial Report for the year ended 31 December 2014
page 28
OUR BUSINESS AND
ADMINISTRATION
Meadow Heights Learning Shop Inc is
An incorporated not for profit community based association
and
An ATO registered deductible gift recipient.
MEMBERS OF THE ASSOCIATION
We currently have 21 association members as of the census conducted in 2014
Vic Dougall
Joseph Curkovic
Chai Vue
Amara Ganish
Malcolm Peacock
Sharyn Stockdale
Rhonda Sadovsky
Nader Hanna
Geoffrey Hanlon
Michael Halls
Margaret Woods
Mari-Carmen Cruz
Phillip Perroni
Ken Thompson
Frank Devlin
David Mazzotta
Burhan Yigit
Veronica Jamison
Richard Turnbull
Anthony Cilia
Charles Cilia
BOARD OF MANAGEMENT
The Board of Management continued to support all operations of Meadow Heights Learning Shop Inc.
throughout 2013. Due to their dedicated efforts MHLS continued to grow and prosper. Names of Board
members listed previously in this report and thanks to their outstanding efforts
MEMBERSHIPS
We are a member of the following organisations and groups:
Adult Learning Australia Inc
Association of Neighbourhood Houses and Learning Centres Inc
Australasian Association of Registered Training Organisations
Adult Community Education (Victoria) Inc
Australian Council for Adult Literacy Inc
Centre for Multicultural Youth Issues
Community Childcare Association Inc
FKA Children’s Services Inc
Hume Whittlesea Local Learning and Employment Network
Hume Global Learning Village
National Childcare Accreditation Council Inc.
Deductible Gift Recipient
In January 1995 our Association applied for recognition of “gift deductibility” as it was then
understood. In December 2003 we were granted DGR status as an entity in our own right. All
donations of monetary value of two dollars or more are tax deductible.
Meadow Heights Education Centre
Financial Report for the year ended 31 December 2014
page 29
Meadow Heights Community Foundation
In 2014 the Meadow Heights Community Foundation continued to operate as an
independent entity. The Foundation provided valuable relief of poverty, helplessness,
misfortune, suffering and distress to economically and socially disadvantaged people
in the community. Meadow Heights Education Centre will continue with the MOU
established with Meadow Heights Community Foundation to support and continue
pathways to further education and employment.
Partnerships
Our relationship with one group of sister ACFE providers has been ongoing and
strong for many years and led to thinking about how we might meet the needs of our
communities more efficiently and effectively.
In 2014 we delivered programs at Tullamarine Neighbourhood House, Fawkner
Community Centre, Meadow Heights Community Foundation and PRACE. We
maintained our strong working relationship with PRACE and Diamond Valley
Learning Centre. This strong relationship resulted in a joint application to ACFE for
funding for a grant to employ a shared Compliance Officer for the three
organisations. This application was successful and will aid the three organisations
with compliance issues and scope development for the future.
Meadow Heights Education Centre
Financial Report for the year ended 31 December 2014
page 30
Meadow Heights Learning Shop Inc.
Staff Profile
Name
Role
BUSINESS AND ADMINISTRATION
Charles
Anthony
Dianne
Nouhad
Rebecca
Ann
Rhonda
Naci
Abir
Cilia
Cilia
Campbell
Dagher
Egan
Jessop
Sadovsky
Tenkin
Zaza
Director
Senior Co-coordinator
Finance Officer (Assistant)
Program Support Officer AMEP
Administration Support
Community Development Officer
Finance Officer/ MYOB
Administration Support
AMEP Assistant
Anthony
Amy
Veronica
Robert
Robert
Poppi
Gulsen
Cilia
Baillie
Cvak
Lonigro
Lonigro
Papamikroulis
Yelec
VOCATIONAL
Tutor Business / Retail
Education Support
Tutor Beauty Therapy
Information Technology
Information Technology
Tutor Beauty Therapy
Education Support
LANGUAGE & LITERACY
Salwa
Fiona
Nader
Ishrat
Syed Muzaffer
Nick
Roslyn
Arlene
Al Deeb
Chen
Hanna
Hussaini
Hussaini
Kolendrianos
Mitchell
Rankothge
Pane
Tatiana
Sophia
Tchirkova
Khaled
Sanadzadeh
Tutor TESOL
Tutor TESOL
ACFE Coordinator, Tutor TESOL
Tutor TESOL
Tutor TESOL
Tutor TESOL
Tutor TESOL
Tutor TESOL
Tutor TESOL
Tutor TESOL
Tutor TESOL
EMPLOYMENT SKILLS: Computer Clubhouse, Homework Club
Funda
Kara
Senior Tutor Study Centre
Luke
Smith
Tutor Study Centre
Melanie
Bruni
Childcare Coordinator
Gurgit
Kaur
Childcare Team Member
Teresa
Volpe
Batticciotto
Childcare Team Member
OCCASSIONAL CHILD CARE
Bronwyn
Meadow Heights Education Centre
Financial Report for the year ended 31 December 2014
Childcare Team Member
page 31
TREASURER’S REPORT
Funding sources
Listed below are our 2014 funding sources. We gratefully acknowledge the generosity of the
Philanthropic agencies and thank the Government agencies for their continued support of service
delivery to the citizens located in and around Meadow Heights.
ACFE - Adult Community and Further Education
HESG - Higher Education and Skills Group
DEECD - Department of Education and Early Childhood Development Victoria
DPCD - Department of Planning and Community Development Victoria
Department of Premier and Cabinet
N.M.I.T.- AMEP - Adult Migrant Education Program
N.M.I.T – SEE – Skills for Education and Employment
N.M.I.T - Further Education Industry DIAC Refugee Program
Hume City Council
Women’s Trust
Victorian State Library
Broadband for seniors
Anonymous Donations
Student Fees and Charges
Financial condition
MHEC Growth 2003 - 2014
2500000
2000000
1500000
1000000
500000
0
2003
2004
2005
2006
Assets
2007
2008
2009
Members Funds
2010
2011
2012
2013
2014
Liabilities
In line with our purpose, aims and objectives, I am pleased to inform you that the Meadow Heights
Learning Shop Inc. now trading as Meadow Heights Education Centre has continued its sound financial
practice of seeking revenue from a variety of sources in 2014. Not to be reliant on limited sources for
growth and long term viability. This year we saw a decline in revenue, the main contributor to this was
the discontinued HESG funding for Foundation Skills. This was a major setback, however with the
number of new migrants arriving extra classes for AMEP and SEE programs were required, this saw 3
extra classes being held in Craigieburn. MHEC was still able to show a surplus for 2014. MHEC
continues seek alternative funding to implement continuous improvements.
Meadow Heights Education Centre
Financial Report for the year ended 31 December 2014
page 32
Other Grants
1%
Sundries
1%
2014 Revenue
HESG
8%
SEE NMIT
17%
Fees Received
8%
Hume City Council
5%
DPCD/DEECD
16%
AMEP NMIT
44%
Over the past 11 years we have seen the AMEP funding steadily increase to a healthy 44% providing
English as a second language for the newly arrived helping them settle into and find employment in
Australia. The SEE program is for gaining employment or further education which has been a significant
factor in receiving 17% of revenue for 2014. HESG has reduced to 8% while DPCD/DEECD has
remained steady. MHEC works continuously in conjunction with NMIT to continue to work towards the
long term success of this program. All funding programs are funded on satisfactory attendance which
is monitored throughout the year. Enrolment in programs funded by the Higher Education and Skills
group continue and these programs have assisted many of our students gaining employment. DPCD
and DEECD provide funding for taster courses which may lead to further education and assist with
Childcare and Community programs.
Government and Local Funding
DPCD/DEECD
9%
Other
1%
Hume City Council
5%
Higher Education
Skills Group
18%
Melbourne
Polytechnic NMIT
67%
Meadow Heights Education Centre
Financial Report for the year ended 31 December 2014
page 33
2014 saw a few changes with the purchase of a fire arrest exhaust fan, to improve the extraction of any
residual fumes left from any inflammables/consumables liquids used in class. The improvement of
classroom learning saw the introduction of 4 large screen televisions which are located in each of the 3
centres to enable all students’ access to visual learning. New software, resources and training packages
were purchased to comply with VRQA compliance. 3 defibrillator’s, one for each centre has been a
welcome addition as there is a number of elderly patrons using all 3 centres. The Website has been
revamped and updated to now include class activities, centre information which is user friendly. Our
organisations reporting system WiseNet continues to meet compliance requirements for the continuation
of State and Government Funding which is constantly updated with the ever changing legislation. MHEC
is working towards introducing Moodle late in 2015 to students which do not require face to face delivery
this will only be available for Victorian students only. It is important that MHEC maintain sustainability
by having the ability to compete in a highly competitive market. Throughout the year, MHLS continued
to offer taster courses (funded by ACFE) and this led to further education pathways into programs funded
by the Higher Education and Skills Group.
MHLS Wage Expense 2014
Administration
Community Programs
Teaching
Administration
25%
Teaching
64%
Community
Programs
11%
Administration Wages have slightly increased as all RTO’s (Registered Training Organisations) are
guided by VRQA (Victorian Registration of Qualifications Authority) who have been vigilant in making
sure that all RTO’s comply with regulations. To perform at the highest level we have had to increase
staff to combat the ever changing compliance issues resulting in a more stringent accountability of
delivery training and student’s records.
Interest on investment of members’ funds increased during 2014. This income was primarily donated
to the Meadow Heights Community Foundation to provide bursary grants to people who otherwise
could not afford education and training. In 2014 a number of bursary payments were used to fund the
financially disadvantaged who were enrolled in educational programs. MHEC will continue to work
together with other communities organisations to improve the Meadow Heights Community and others
who use the centre.. We would like thank the Meadow Heights Community Foundation for its support ;
It was the single factor which enabled a considerable number of people to undertake further education
consistent within Government guidelines and in line with the mission statement.
As in previous years, MHEC continues to prudently make provisions for emerging and future liabilities
for staff entitlements. MHLS has increased insurance policies to meet growth.
Programs have increased, as did expenditure.
Meadow Heights Education Centre
Financial Report for the year ended 31 December 2014
page 34
Continued Free Programs included:












Free Seniors (over 55) Information technology classes
Free ACE in Schools Certificate in General Education for Adults classes
Free After school homework help
Continuation of the free Public Internet Access
Seniors Kiosk NEC.
Broadmeadows Community Singers
Men’s Group.
Meditation Classes.
Roxy Happy Group.
Women’s Cooking Classes.
Walking/ Fitness Programs.
Computer Homework program designed for children who have difficulty in meeting the
requirements of the school curriculum. It has continued to be a very successful program and
has been operating for 20 years funded by MHLS for the community.

Meadow Heights Education Centre continues to support the Community; Friends of
Buchan St. has resulted in many changes to the community. MHEC will continue to seek
funding for continued improvement for the residents and communities in the Hume municipally
The meetings are open to all residents and local communities to have their say.
Children’s Services
This year has shown an enormous growth due to our highly trained employees who have
provided the organisation with a well-structured and well-rounded program, resulting in a 75%
increase in placements. Supported by NMIT and DEECD
MHLS Solvency
Current Liabilities
Current Assets
$166,130
2014
$1,921,149
$193,811
2013
$1,869,894
$274,738
2012
2011
$250,318
2010
$258,003
2009
$148,891
2008
$162,326
$54,943
2007
$72,872
2005
$676,675
$471,895
$556,787
$414,880
$390,406
$103,524
2004
$1,019,371
$443,990
$101,900
2006
$1,160,070
$382,813
$51,682
$214,664
2003
$0
$500,000
$1,000,000
Meadow Heights Education Centre
Financial Report for the year ended 31 December 2014
$1,500,000
$2,000,000
$2,500,000
page 35
Total Liabilities
MHLS Liquidity
Total Equity
$260,493
2014
$1,719,152
$280,916
2013
$1,653,523
$388,554
2012
2011
$313,019
2010
$304,765
$1,196,610
$773,136
$550,238
$227,639
$335,090
$282,430
$375,562
$161,968
$372,571
$136,441
$361,334
$98,424
$330,145
$118,965
$300,140
$67,558
$181,668
2009
2008
2007
2006
2005
2004
2003
$0
$200,000
$400,000
$600,000
$800,000
$1,000,000 $1,200,000 $1,400,000 $1,600,000 $1,800,000 $2,000,000
MHLS achieved a maximum score for both the tier one and tier two criteria of the ACFE Board
Business Viability Assessment and Certification of Adult Community Education Organisations again in
2014 meeting all the mandatory requirements.
I would like to thank in particular the Finance Sub Committee and the Audit Committee for their
assistance, leadership and direction. The support of the administration team has been exemplary.
Richard Turnbull
Treasurer
Meadow Heights Education Centre
Financial Report for the year ended 31 December 2014
page 36
MHEC Financial Report for the year ending 31st December 2014.
Mr Stephen O’Kane
Partner
LDAssurance
Level 6, 250 Collins Street
MELBOURNE VIC 3000
Dear Mr O’Kane,
Financial report for the year ended 31 December 2014
This representation letter is provided in connection with your audit of the financial report of Meadow
Heights Learning Shop Incorporated for the year ended 31 December 2014, for the purpose of you
expressing an opinion as to whether the financial report is, in all material respects, presented fairly in
accordance with Australian Accounting Standards (including the Australian Accounting Interpretations)
and complies with the requirements of the Associations Incorporation Reform Act 2012.
We have fulfilled our responsibilities, as set out in the terms of the audit engagement, for the
preparation and fair presentation of the financial report in accordance with Australian Accounting
Standards (including the Australian Accounting Interpretations) and the requirements of the
Association Incorporation Reform Act 2012.
We confirm, to the best of our knowledge and belief and, having made such enquiries as we
considered necessary for the purpose of appropriately informing ourselves, the following
representations made to you during your audit.
1.
We have provided you with:
(a)
access to all information of which we are aware that is relevant to the preparation of the
financial report such as records, documentation and other matters
(b)
(c)
(d)
2.
3.
4.
5.
6.
7.
8.
9.
10.
additional information that you have requested from us for the purpose of
the audit
unrestricted access to persons within the organisation from whom you have
sought audit evidence
details of any off-balance sheet agreements or instruments, or confirmation that no such
agreements or instruments exist.
All transactions have been recorded in the accounting records and are reflected in the financial
report.
Proper accounts and records of the transactions and affairs of the organisation and such other
records as sufficiently explain the financial operations and financial position of the organisation
have been kept.
We believe the effects of uncorrected financial report misstatements are
immaterial, both individually and in the aggregate, to the financial report taken as
a whole.
We have prepared the financial report in accordance with the designation as a not-for-profit
entity for the purpose of reporting under Australian Accounting Standards.
We acknowledge responsibility for the design, implementation and maintenance of internal
controls designed to prevent and detect fraud.
We have disclosed to you the results of our assessment of the risk that the financial report may
be materially misstated as a result of fraud.
There:
(a)
has been no fraud involving management or employees who have a significant role in the
internal control structure
(b)
has been no fraud that could have a material effect on the financial report
There have been no communications from regulatory agencies concerning non-compliance
with, or deficiencies in, financial reporting practices that could have a material effect on the
financial report.
We acknowledge responsibility for the design and implementation of internal control to prevent
and detect error. We have established and maintained an adequate internal control structure to
facilitate the preparation of a reliable financial report, and adequate financial records have been
Meadow Heights Education Centre
Financial Report for the year ended 31 December 2014
page 37
maintained. We have disclosed to you details of all deficiencies in internal control that we are
aware of.
11. We have no plans or intentions that may materially affect the carrying values, or classification,
of assets and liabilities.
12. We consider the measurement methods, including related assumptions, used to determine fair
values relating to assets and liabilities to be appropriate and consistently applied, and
appropriately disclosed in the financial report.
13. We have considered the requirements of AASB 136 Impairment of Assets when assessing the
impairment of assets and in ensuring that no assets are stated in excess of their recoverable
amount.
14. Asset useful lives have been reviewed and any resulting changes accounted for as a change in
an accounting estimate.
15. The following have been properly recorded or disclosed in the financial report:
(a) arrangements involving restrictions on cash balances, compensating balances and lineof-credit or similar arrangements
(b)
agreements to repurchase assets previously sold
(c)
losses arising from the fulfilment of, or an inability to fulfil, any sale commitments or as a
result of purchase commitments in excess of normal requirements or at prices in excess
of prevailing market prices.
16. All known or suspected instances of non-compliance with laws or regulations whose effects
should be considered for disclosure when preparing the financial report have been disclosed to
the auditor.
17. All known actual or possible litigation and claims whose effects should be considered when
preparing the financial report have been disclosed to the auditor and accounted for and
disclosed in accordance with the applicable financial reporting framework, including:
(a)
material liabilities or contingent liabilities or assets including those arising under derivative
financial instruments
(b)
unasserted claims or assessments that our lawyer has advised us are probable of
assertion.
18. The organisation has satisfactory title to all assets (excluding those assets held in the name of
the Crown), and there are no liens or encumbrances on such assets nor has any asset been
pledged as collateral. Allowances for depreciation have been adjusted for all important items of
property, plant and equipment that have been abandoned or are otherwise unusable.
19. The entity has complied with all aspects of contractual agreements that would have a material
effect on the financial report in the event of non-compliance.
20. There were no material commitments for construction or acquisition of property, plant and
equipment or to acquire other non-current assets, such as investments or intangibles, other than
those disclosed in the financial report.
21. We are satisfied that the remuneration of the accountable officer and all executives has been
properly reported in the financial report and includes all components of executive remuneration
including wages and salaries, leave accruals, performance and other bonuses, superannuation,
motor vehicles, any other allowances.
22. The identity of all known related parties (including controlled entities), related party relationships
and transactions have been made known to the auditor. All related party relationships and
transactions have been appropriately accounted for and disclosed in the financial report in
accordance with the requirements of the accounting framework including revenue, purchases,
loans, transfers, leasing arrangements and guarantees (written or verbal).
23. No events have occurred subsequent to the balance sheet date that would require adjustment
to, or disclosure in, the financial report.
24. We believe that the significant assumptions used in making accounting estimates for inclusion in
the financial report are reasonable.
25. With respect to publication of the financial report in hard copy, we will ensure that:
(a)
the financial report accurately reflects the audited financial report and
(b)
the audit report has been reproduced accurately and in full.
26. With respect to publication of the financial report on our website:
(a)
we acknowledge that we are responsible for the electronic presentation of the financial
report
(b)
we will ensure that the electronic version of the audited financial report and the auditor’s report
on the website will be identical to the final signed hard copy version
(c)
we will clearly differentiate between audited and unaudited information in the construction of
the entity’s website as we understand the risk of potential misrepresentation
Meadow Heights Education Centre
Financial Report for the year ended 31 December 2014
page 38
(d)
we have assessed the controls over the security and integrity of the data on the website
and adequate procedures are in place to ensure the integrity of the information published
and
(e)
we will not present the auditor’s report on the full financial report with extracts only of the
full financial report.
We understand that your examination was made in accordance with Australian Auditing Standards
and was, therefore, designed primarily for the purpose of expressing an opinion on the financial report
of the entity taken as a whole, and that your tests of the financial records and other auditing
procedures were limited to those which you considered necessary for that purpose.
Yours sincerely
CEO / Treasurer / Secretary
Date 01 / 04 / 2015
Meadow Heights Education Centre
Financial Report for the year ended 31 December 2014
page 39
MEADOW HEIGHTS EDUCATION CENTRE
FINANCIAL REPORT
FOR THE YEAR ENDED 31 DECEMBER 2014
Page
Number
Committees report
41 - 42
Statement by committee
43
Independent audit report
44
Statement of profit or loss and other comprehensive income
45
Statement of financial position
46
Statement of changes in equity
47
Statement of Significant Accounting Policies
48 - 51
Notes to the financial statements
52 - 56
Meadow Heights Education Centre
Financial Report for the year ended 31 December 2014
page 40
MEADOW HEIGHTS EDUCATION CENTRE
MEADOW HEIGHTS EDUCATION CENTRE
COMMITTEES REPORT
FOR THE YEAR ENDED 31 DECEMBER 2014
Meadow Heights Education Centre submits the financial report of the association for
the financial year and the auditor’s report thereon.
The Committee members of the Meadow Heights Education Centre in office on the day
this report is made out are:
Name
Mr Phillip Perroni
Mr Frank Devlin
Mr Richard Turnbull
Mr Ken Thompson
Mr Victor Dougall
Mr Charles Cilia
Position
Chairperson
Secretary
Committee Member / Treasurer
Committee Member
Committee Member
Director
Principle Activities
The principal activities of the Meadow Heights Education Centre during the financial
year were to provide residents of the Hume Municipality with adult learning in the areas
of education, recreation, leisure and children’s services.
Results
The comprehensive result after tax of Meadow Heights Education Centre Inc. is a
surplus of $65,629 (prior year surplus of $456,913).
Events Subsequent to Balance Date
There has not arisen in the interval between the end of the financial period and the
date of this report any items or events of a material or unusual nature, in the opinion
of the committee members, that should be disclosed in this report.
Indemnification of Officers and Auditors
During or since the financial period Meadow Heights Education Centre has not
indemnified or made a relevant agreement to indemnify an officer or auditor of the
Education Centre or of any related body corporate against a liability incurred as
such of an officer or auditor. In addition, the Education Centre has not paid, or
agreed to pay a premium in respect of a contract insuring a liability incurred by an
officer or auditor.
Likely Developments
The likely developments in the operation of the Education Centre are the continuing
provision of adult education for the residents of the Hume Municipality.
Meadow Heights Education Centre
Financial Report for the year ended 31 December 2014
page 41
MEADOW HEIGHTS EDUCATION CENTRE
MEADOW HEIGHTS EDUCATION CENTRE
COMMITTEES REPORT
FOR THE YEAR ENDED 31 DECEMBER 2014
Committee Member Benefits
During or since the financial period, no committee member has received or become
entitled to receive a benefit because of a contract that the committee member or a
firm of which the committee member is a member or an entity in which the
committee member has a substantial financial interest made with Meadow Heights
Education Centre or an entity that Meadow Heights Education Centre controlled, or
a body corporate that was related to Meadow Heights Education Centre , when the
contract was made or when the committee member received, or became entitled to
receive the benefit other than:
(a)
(b)
emoluments received or due and receivable by the committee members taken
into account in the compilation of the financial statements; or
the fixed salary of a full time employee of the Education Centre or an entity that
the Education Centre controlled or a related body corporate.
Signed in accordance with a resolution of the committee.
Treasurer
Secretary
Dated: 01 / 04 /2015
Meadow Heights Education Centre
Meadow Heights Education Centre
Financial Report for the year ended 31 December 2014
page 42
MEADOW HEIGHTS EDUCATION CENTRE
MEADOW HEIGHTS EDUCATION CENTRE
STATEMENT BY COMMITTEE
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2014
In the opinion of the Meadow Heights Education Centre Inc.:
1. (a) The financial statements are drawn up to give a true and fair view of the results of the
financial year ended 31 December 2014, and the state of affairs at 31 December 2014
of the entity; and
(b) At the date of this statement, there are reasonable grounds to believe that the entity
will be able to pay its debts as and when they fall due.
2. The financial statements have been made out in accordance with applicable Australian
Accounting Standards outlined in Note 1 to the financial statements
Signed in accordance with a resolution of the Committee:
Treasurer
Secretary
Dated the 1st of April 2015
At Melbourne
Meadow Heights Education Centre
Financial Report for the year ended 31 December 2014
page 43
MEADOW HEIGHTS EDUCATION CENTRE
Auditors Report
LDAssurance
CHARTERED ACCOUNTANTS
LDAssurance Pty Ltd
Level 6, 250 Collins Street
Melbourne Victoria 3000
PO Box 18184 Collins Street East 8003
TELEPHONE +61 3 9655 3922
FACSIMILE +61 3 9655 3910
www.ldassurance.com.au
ACN 146 147 202
INDEPENDENT AUDITORS REPORT TO THE
MEMBERS OF MEADOW HEIGHTS LEARNING SHOP INCORPORATED
We have audited the accompanying financial report, being a special purpose financial report, of Meadow
Heights Learning Shop Incorporated (the Association), which comprises the balance sheet as at 31 December
2013, and the income statement for the year then ended, statement of cash flows, statement of changes in
equity, a summary of significant accounting policies, other explanatory notes and the Statement by Committee
and certification
Committee's responsibility for the financial report
The committee are responsible for the preparation of the financial report, and have determined that the basis of
preparation described in Note 1 is appropriate to meet the financial reporting requirements of its constitution and
are appropriate to meet the needs of the members. The committees' responsibilities also includes such internal
control as they determine necessary to enable the preparation of a financial report that is free from material
misstatement, whether due to fraud or error.
Auditor's responsibility
Our responsibility is to express an opinion on the financial report based on our audit. We have conducted our
audit in accordance with Australian Auditing Standards. Those standards require that we comply with relevant
ethical requirements relating to audit engagements and plan and perform the audit to obtain reasonable
assurance whether the financial report is free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the
financial report. The procedures selected depend on the auditor's judgment, including the assessment of the
risks of material misstatement of the financial report, whether due to fraud or error. In making those risk
assessments, the auditor considers internal control relevant to the preparation of the financial report that gives a
true and fair view in order to design audit procedures that are appropriate in the circumstances, but not for the
purpose of expressing an opinion on the effectiveness of the internal controls. An audit also includes evaluating
the appropriateness of accounting policies used and the reasonableness of accounting estimates made by the
board, as well as evaluating the overall presentation of the financial report.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit
opinion.
Opi nion
In our opinion, the financial report presents fairly, in all material respects the financial position of Meadow Heights
Learning Shop Incorporated as of 31 December 2013, and of its financial performance and its cash flows for the
year then ended in accordance with the accounting policies described in Note 1 to the financial statements.
Basis of accounting
Without modifying our opinion, we draw attention to Note 1 to the financial report, which describes the basis of
accounting. The financial report has been prepared for distribution to members for the purpose of fulfilling the
committees' financial reporting under their constitution. As a result, the financial report may not be suitable for
another purpose.
LDAssurance
Chartered Accountants
Stephen O'Kane
Partner
250 Collins Street, Melbourne
Dated: 20 May 2014
Meadow Heights Education Centre
Financial Report for the year ended 31 December 2014
Liability limited by a scheme approved under Professional Standards Legislation.
page 44
STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME
FOR THE YEAR ENDED 31 DECEMBER 2014
NOTE
2014
$
2013
$
REVENUES FROM ORDINARY ACTIVITIES
Operating revenue
Other revenue
1,990,187
51,777
2,041,964
2,369,906
39,796
2,409,702
Cost of goods sold
Administration expenses
Depreciation expense
Employee benefits expense
Finance expense
Grants and donations expense
Property expenses
Other expenses
(18,399)
(126,698)
(23,981)
(1,106,748)
(9,549)
(552,746)
(132,141)
(6,073)
(16,178)
(106,563)
(32,048)
(991,711)
(13,314)
(660,162)
(132,813)
-
TOTAL EXPENSES FROM ORDINARY
ACTIVITIES
(1,976,335)
(1,952,789)
65,629
456,913
65,629
456,913
TOTAL REVENUES FROM ORDINARY ACTIVITIES
2
2
EXPENSES FROM ORDINARY ACTIVITIES
NET RESULT
Other comprehensive items
NET COMPREHENSIVE RESULT
The statement of profit or loss and other comprehensive income is to be read in
conjunction with the notes to the financial report set out on the following pages.
Meadow Heights Education Centre
Financial Report for the year ended 31 December 2014
page 45
MEADOW HEIGHTS EDUCATION CENTRE
STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2014
NOTE
CURRENT ASSETS
Cash and cash equivalents
Receivables
Other
3
4
5
TOTAL CURRENT ASSETS
2014
$
2013
$
1,729,424
156,036
35,689
1,409,493
442,245
18,156
1,921,149
1,869,894
58,496
64,545
NON-CURRENT ASSETS
Property, plant and equipment
6
TOTAL NON-CURRENT ASSETS
58,496
TOTAL ASSETS
64,545
1,979,645
1,934,439
57,499
108,631
88,702
105,109
166,130
193,811
94,363
87,105
94,363
87,105
260,493
280,916
1,719,152
1,653,523
1,719,152
1,653,523
1,719,152
1,653,523
CURRENT LIABILITIES
Payables
Provisions
7
8
TOTAL CURRENT LIABILITIES
NON-CURRENT LIABILITIES
Provisions
TOTAL NON-CURRENT LIABILITIES
TOTAL LIABILITIES
NET ASSETS
8
ASSOCIATIONS’ FUNDS
Accumulated surplus
TOTAL ASSOCIATIONS’ FUNDS
The statement of financial position is to be read in conjunction with the notes to the
financial report set out on the following pages.
Meadow Heights Education Centre
Financial Report for the year ended 31 December 2014
page 46
MEADOW HEIGHTS EDUCATION CENTRE
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2013
ACCUMULATED
SURPLUS
AT 1 JANUARY 2014
Net comprehensive result
1,653,523
65,629
AT 31 DECEMBER 2014
1,719,152
AT 1 JANUARY 2013
Net comprehensive result
1,196,610
456,913
AT 31 DECEMBER 2013
1,653,523
The statement of changes in equity is to be read in conjunction with
the notes to the financial report set out on the following pages.
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2014
NOTE
2014
$
2013
$
2,512,257
(2,221,697)
47,304
2,426,634
(2,250,794)
27,782
337,864
203,622
CASH FLOWS FROM INVESTING ACTIVITIES
Payment for property, plant and equipment
Net cash provided by financing activities
(17,933)
(17,933)
(28,744)
(28,744)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from/Repayments of borrowing
Net cash provided by financing activities
-
-
319,931
174,878
1,409,493
1,234,615
1,729,424
1,409,493
CASH FLOWS FROM OPERATING ACTIVITIES
Receipts from customers
Payments to suppliers and employees
Interest received
Net cash provided by/(used in) operating activities
9 (ii)
Net (decrease)/ increase in cash held
Cash at the beginning of period
Cash at the end of the period
9 (i)
The statement of cash flows is to be read in conjunction with
the notes to the financial report set out on the following pages.
Meadow Heights Education Centre
Financial Report for the year ended 31 December 2014
page 47
MEADOW HEIGHTS EDUCATION CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2014
1.
(a)
STATEMENT OF SIGNIFICANT ACCOUNTING POLICIES
Corporate information
Meadow Heights Education Centre is an association in Victoria under the Associations
Incorporation Reform Act 2012.
The financial reports of Meadow Heights Education Centre was authorised for issue
by the Committee Members.
The financial report covers Meadow Heights Education Centre as an individual entity.
(b)
Basis of Preparation
The financial report is a special purpose financial report that has been prepared in
accordance with Australian Accounting Standards, Urgent Issues Group Interpretations
and other authoritative pronouncements of the Australian Accounting Standards
Boards.
The financial report has been prepared with the requirements of the following Australian
Accounting Standards:
AASB 101:Presentation of Financial Statements
AASB 107:Statement of Cash Flows
AASB 108:Accounting Policies, Changes in Accounting Estimates and Errors
AASB 110:Events after the Balance Sheet Date
AASB 116:Property, Plant and Equipment
AASB 117:Leases
AASB 117:Revenue
AASB 1031:Materiality
When required by Accounting Standards, comparative figures have been adjusted to
conform to changes in presentation for the current financial year.
(c)
Critical accounting estimates and judgments
The preparation of a financial report in conformity with Australian Accounting Standards
requires management to make estimates, judgements and assumptions based on
historical knowledge and best available current trends and economic data, obtained
both externally and within the group. Actual results may differ from these estimates.
The accounting policies detailed in Note 1 provides details of these estimates,
judgements and assumptions.
Meadow Heights Education Centre
Financial Report for the year ended 31 December 2014
page 48
MEADOW HEIGHTS EDUCATION CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2014
1.
STATEMENT OF SIGNIFICANT ACCOUNTING POLICIES (continued)
(d)
Property, Plant and Equipment
Each class of property, plant and equipment is carried at a cost or committee valuation, less any
accumulated depreciation and impairment losses.
Property
Buildings and improvements are measured at cost less accumulated depreciation and
impairment losses.
Plant and equipment are measured on the cost or committee valuation basis, less depreciation
and impairment losses.
Depreciation
The depreciable amount of all fixed assets including buildings and capitalised leased assets is
depreciated on straight line basis over their useful lives to the economic entity commencing from
the time the asset is held ready for use. Leasehold improvements are depreciated over the
shorter of either the unexpired period of lease or the estimated useful lives of the improvements
The depreciation rates used for each class of depreciable assets are as follows. These are
consistent with the previous year:
Class of Asset
Intangibles
Building Improvements
Furniture and Fittings
Computer Equipment
Depreciation Rates
20-35%
16%
4-35%
10-35%
The assets’ residual value and useful lives are reviewed and adjusted if appropriate, at each
balance sheet date.
(e) Cash and Cash Equivalents
Cash and cash equivalents include cash on hand, deposits held at call with banks and other short
term highly liquid investments with original maturities of three months or less that are readily
convertible to known amounts of cash and which are subject to an insignificant risk of changes
in values.
(f) Impairment of Assets
At each reporting date, the economic entity reviews the carrying values of its assets to
determine whether there is any indication that those assets have been impaired. If such
an indication exists, the recoverable amount of the asset, being the higher of the assets
fair value less costs to sell and value in use, is compared to the asset’s carrying value.
In assessing value in use, the estimated future cash flows are discounted to their present
value of money and the risks specific to the asset.
Any excess of the asset’s carrying value over its recoverable amount is expensed to the
income statement.
Where the asset does not generate cash flows that are independent from other assets,
the consolidated entity estimates the recoverable amount of the cash-generating unit to
which the asset belongs.
Meadow Heights Education Centre
Financial Report for the year ended 31 December 2014
page 49
MEADOW HEIGHTS EDUCATION CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2014
1.
STATEMENT OF SIGNIFICANT ACCOUNTING POLICIES (continued)
(g) Inventories
Inventories are measured at the lower of cost and net realisable value. Net realisable
value is the estimated selling price in the ordinary course of business.
(h) Trade and Other Payables
Trade payables and other payables are carried at amortised cost and represent liabilities
for goods and services provided to the Education Centre prior to the end of the financial
year that are unpaid and arise when the Education Centre becomes obliged to make
future payments in respect of the purchase of these goods and services
(i) Employee Benefits
Wages, Salaries and Annual Leave
Liabilities for wages, salaries and annual leave that are expected to be settled within 12
months of the reporting date represent present obligations resulting from employees’
services provided to reporting date. They are calculated at undiscounted amounts based
on remuneration wage and salary rates that the Education Centre expects to pay as at
reporting date including related on-costs, such as workers compensation insurance and
payroll tax.
Long-term service benefits
The Education Centre’s net obligation in respect to long-term service benefits, other than
pension plans, is the amount of future benefit that employees have earned in return for
their service in current and prior periods. The obligation is calculated using expected
future increases in wage and salary rates including related on-costs and expected
settlement dates, and is discounted using the rates attached to Commonwealth
Governments bonds at the balance sheet date which have maturity dates approximating
the terms of the Education Centre’s obligations.
Superannuation
The amount charged to the Income Statement in respect of superannuation represents
the contributions made by the Education Centre to superannuation funds.
(j) Income Tax
Meadow Heights Education Centre is exempt from Income tax.
Meadow Heights Education Centre
Financial Report for the year ended 31 December 2014
page 50
MEADOW HEIGHTS EDUCATION CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2014
1.
STATEMENT OF SIGNIFICANT ACCOUNTING POLICIES (continued)
(k) Revenue
Revenue is recognised to the extent that it is probable that the economic benefits will
flow to the Education Centre and the revenue can be reliably measured. The following
specific recognition criteria must also be met before revenue is recognised.
Sale of Goods
Revenue is recognised when the significant risks and rewards of ownership of the goods
have passed to the buyer and the costs incurred or to be incurred in respect of the
transaction can be measured reliably. Risks and rewards of ownership are considered
passed to the buyer at the time of delivery of goods to the customer.
Donations and grants
The Meadow Heights Education Centre Inc. is registered as a charitable fund which can
receive tax deductible donations.
Interest Income
Interest revenue is recognised on a proportional basis taking into account the interest
rates applicable to the financial assets.
All revenue is stated net of the amount of goods and services tax (GST).
(l) Goods and Services Tax (GST)
Revenue, expenses and assets are recognised net of the amount of GST, except where
the amount of GST incurred is not recoverable from the Australian Taxation Office. In
these circumstances the GST is recognised as part of the cost of acquisition of the asset
or as part of an item of the expense. Receivables and payables in the balance sheet are
shown inclusive of GST.
(m)
New Accounting Standards and Interpretations
The AASB has issued new and amended Accounting Standards and Interpretations that
have mandatory application dates for future reporting periods. The application of these
Accounting Standards and Australian Interpretations are not expected to have any
significant impact on the Agency’s financial statements. Consequently, they have not
been specifically identified here.
Meadow Heights Education Centre
Financial Report for the year ended 31 December 2014
page 51
MEADOW HEIGHTS EDUCATION CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2014
2.
REVENUE
Revenues from operating activities
Centre income
Course fees
Funding and grants
Other operating revenue
Other revenue
Interest
Sundry
3.
CASH AND CASH EQUIVALENTS
Cash on hand
Cash at bank
Term deposits
4.
RECEIVABLES
Trade Debtors
Other
5.
2014
$
2013
$
102,336
63,994
1,821,212
2,645
1,990,187
102,933
124,126
2,140,461
2,386
2,369,906
47,304
4,473
51,777
27,782
12,014
39,796
573
448,851
1,280,000
1,729,424
861
378,632
1,030,000
1,409,493
154,436
1,500
156,036
440,745
1,500
442,245
35,689
35,689
18,156
18.156
OTHER
Prepayments
Meadow Heights Education Centre
Financial Report for the year ended 31 December 2014
page 52
MEADOW HEIGHTS EDUCATION CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2014
6.
2014
$
2013
$
Intangibles
Less: Accumulated Amortisation
40,544
(32,715)
7,829
38,701
(28,806)
9,895
Building Improvements
Less: Accumulated Depreciation
47,051
(38,051)
9,000
41,161
(37,087)
4,074
Furniture & Fittings
Less: Accumulated Depreciation
83,798
(60,790)
23,008
77,102
(53,270)
23,832
202,9
199,447
(184,291)
18,660
(172,703)
26,744
58,496
64,545
PROPERTY, PLANT AND EQUIPMENT
Computer Equipment
51
Less: Accumulated Depreciation
Reconciliation of the carrying amount
Balance at
beginning
Additions
Depreciation
expense
Balance at end
Intangibles
$
Buildings
Improvements
$
Furniture &
Fittings
$
Computer
Equipment
$
Total
$
9,895
4,074
23,832
26,744
64,545
1,843
(3,909)
5,890
(964)
6,696
3,504
(11,588)
17,932
(23,981)
7,829
9,000
18,660
58,496
Meadow Heights Education Centre
Financial Report for the year ended 31 December 2014
(7,520)
23,008
page 53
MEADOW HEIGHTS EDUCATION CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2014
7.
PAYABLES
Current
Trade creditors
Grants and Fees Received in Advance
Accrued expenses
Other payables
8.
2014
$
2013
$
10,766
4,760
40,897
1,076
57,499
27,365
12,273
48,064
1,000
88,702
41,607
13,944
25,065
12,822
12,114
3,079
108,631
39,135
12,462
29,738
9,798
10,899
3,077
105,109
94,362
87,105
573
1,728,851
1,729,424
861
1,408,632
1,409,493
65,629
456,913
PROVISIONS
Current
Provision for GST
PAYG Withholding Tax Payable
Provision for Annual Leave
Payroll Tax
Provision for Superannuation Payable
Other
Non-Current
Provision for Long Service Leave
9.
NOTES TO THE CASH FLOW STATEMENT
(i)
Reconciliation of cash
For the purposes of the Cash flow statement,
cash includes cash on hand and short term
deposits with banks or financial institutions.
Cash at the end of the financial year as shown
in the Cash flow statement is reconciled to the
related items in the balance sheet as follows:
Cash on hand
Cash at bank and short term deposits
(ii)
Reconciliation of operating result to net
cash provided by/(used in) operating
activities
Operating (deficit)/surplus
Meadow Heights Education Centre
Financial Report for the year ended 31 December 2014
page 54
MEADOW HEIGHTS EDUCATION CENTRE
Add/(Less) non-cash items
Depreciation
23,981
Bad Debts
7,848
Net cash used in operating activities
before change in assets and liabilities
97,458
Changes in assets and liabilities:
(Increase)/decrease in receivables
278,363
(Increase)/decrease in prepayments
(17,533)
Increase/(decrease) in payables
(28,731)
Increase/(decrease) in employee benefits
8,307
Net cash provided by operating activities
337,864
Meadow Heights Education Centre
Financial Report for the year ended 31 December 2014
32,048
12,000
500,961
(185,685)
(4,016)
(121,633)
13,995
203.622
page 55
MEADOW HEIGHTS EDUCATION CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2014
10.
COMMITMENTS
There are no leasing or capital commitments at 31 December 2014.
11.
AUDITOR’S REMUNERATION
Amounts paid or payable for the audit of financial
statements
12.
2014
$
2013
$
4,000
4,000
ASSOCIATION DETAILS
The principal place of business of the association is:
Meadow Heights Education Centre
3-13 Hudson Circuit, Meadow Heights, Vic, 3048
13.
EVENTS SUBSEQUENT TO BALANCE DATE
No events have arisen that require disclosure in this financial report.
Meadow Heights Education Centre
Financial Report for the year ended 31 December 2014
page 56