SPA Annual report 2018 FINAL. pdf

are school age language and cl workforce to be resilient, work re My professional and volunteer e Director. These roles have includ Practice & Interprofessional Educ been a privilege to have served t the opportunity to contribute my have the skill mix, commitment role. My vision is for an Association is t to the decision making table in Association that supports its me an eye to the future; anticipating a diverse and dynamic workforce change creates. The enclosed response to the crite achievements against each of the the Association through the role of I do not have any potential conflic you for considering my nominatio Kind regards,

Directors’ declaration

22 Commitments The Company has no other commitments to note as at 31 December 2018 (2017: Nil).

In the opinion of the Directors of The Speech Pathology Association of Australia Ltd: a. The financial statements and notes of The Speech Pathology Association of Australia Ltd are in accordance with the Corporations Act 2001 , including: i Giving a true and fair view of its financial position as at 31 December 2018 and of its performance for the financial year ended on that date; and ii Complying with Australian Accounting Standards – Reduced Disclosure Requirements (including the Australian Accounting Interpretations) and the Corporations Regulations 2001 ; and b. There are reasonable grounds to believe that The Speech Pathology Association of Australia Ltd will be able to pay its debts as and when they become due and payable.

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Bequests

2018

2017

$

$

Betty Usher Lecture Fund Opening balance

63,459 68,574

Interest income Funding support Closing Balance Murie Pollen Fund Opening balance Interest income Funding support Closing balance

1,865

1,758 (6,873)

(11,610)

53,714 63,459

- - - -

14,103

362

Signed in accordance with a resolution of the Directors:

(14,465)

0

Nadia Verrell Scholarship Opening balance

5,000 5,000 (5,000) 5,000

5,000 5,000 (5,000) 5,000

Deposit

Brooke Sanderson Vice President Operations Brooke Sanderson

Gaenor Dixon President Dated 15 March 2019

Funding support Closing balance

Balances for the Betty Usher Fund, Nadia Verrall Scholarship and Murie Pollen Fund are shown in the balance sheet as part of the Financial Assets. Funds were merged in 2009 to be held as one term deposit account. Murie Pollen funding support includes $20,000 provided to SpeechBITE™ being $10,000 for 2018 and $10,000 for 2017. As the funds are now nil, the Betty Usher Lecture Fund has absorbed the difference. The funds are deposited into the Company’s bank account and the offsetting expense is allocated against the relevant expenses. 24 Post-reporting date events No matters or circumstances have arisen since the end of the financial year which significantly affected or may affect the operations of the Company, the results of the operations or the state of affairs of the Company in the future financial years. 25 Members’ guarantee The Company is incorporated under the Corporations Act 2001 and is a Company limited by guarantee. If the Company is wound up, the constitution states that each member is required to contribute a maximum $100 each towards meeting any outstanding obligations of the entity. At 31 December 2018, the total amount that members of the Company are liable to contribute if the Company wound up is $917,600 (2017: $840,900).

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2018 ANNUAL REPORT Speech Pathology Australia