b'TRADING ACCOUNT comprises the information included in the companys annual report for the year ended 30 June 2018, but does not include the financial report and FOR THE yEAR ENDED 30 JUNE 2019 our auditors report thereon.Our opinion on the financial report does not cover the other information and accordingly we do not express any form of ACCOMMODATION REAGH CELLOSLOUNGE TOTAL TOTAL assurance conclusion thereon. In connection with our audit of the financial BAR BAR 2019 2018 report, our responsibility is to read the other information and, in doing so, $ $ $ $ $ $ consider whether the other information is materially inconsistent with the Income financial report or our knowledge obtained in the audit or otherwise appears Sales 3,607,987 138,607 172,029 74,508 3,993,131 4,225,604 to be materially misstated. If, based on the work we have performed, we Expenses conclude that there is a material misstatement of this other information, we Cost of Sales 113,666 122,932 113,619 57,353 407,570 466,372 are required to report that fact. We have nothing to report in this regard.Gross Profit 3,494,321 15,675 58,410 17,155 3,585,561 3,759,232 Responsibilities of the Directors for the Financial ReportDirect labourThe directors of the company are responsible for the preparation of the expenses 1,080,409 45,758 - 54,433 1,180,600 1,208,596 financial report that gives a true and fair view in accordance with Australian Direct expenses 146,261 4,656 39,728 3,399 194,044 176,852 AccountingStandards-ReducedDisclosureRequirementsandthe Corporations Act 2001 and for such internal control as the directors determine 1,226,670 50,414 39,728 57,832 1,374,644 1,385,448 is necessary to enable the preparation of the financial report that gives a Trading profit 2,267,651 (34,739) 18,682 (40,677) 2,210,917 2,373,784 true and fair view and is free from material misstatement, whether due to fraud or error.In preparing the financial report, the directors are responsible for assessing the companys ability to continue as a going concern, disclosing, as applicable, POKER MACHINE OPERATING ACCOUNT matters related to going concern and using the going concern basis of accounting FOR THE yEAR ENDED 30 JUNE 2019 unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.20192018 Auditors Responsibilities for the Audit of the Financial Report$$Our objectives are to obtain reasonable assurance about whether the financial Net takings7,642 8,861 report as a whole is free from material misstatement, whether due to fraud Less direct expensesor error, and to issue an auditors report that includes our opinion. Reasonable Repairs and maintenance5,304 1,241 assurance is a high level of assurance, but is not a guarantee that an audit 2,338 7,620 conducted in accordance with Australian Auditing Standards will always Less: Depreciation1,120 188 detect a material misstatement when it exists. Misstatements can arise from Trading profit 1,218 7,432 fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of this financial report.As part of an audit in accordance with Australian Auditing Standards, we exercise INDEPENDENT AUDITORS REPORTprofessional judgement and maintain professional scepticism throughout the TO THE MEMBERS OFaudit. We also:NEW SOUTH WALES MASONIC CLUB -Identifyandassesstherisksofmaterialmisstatementofthefinancial report, whether due to fraud or error, design and perform audit procedures Report on the Audit of the Financial Report responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a Opinion material misstatement resulting from fraud is higher than for one resulting We have audited the financial report of New South Wales Masonic Clubfrom error, as fraud may involve collusion, forgery, intentional omissions, Not for Profit (RDR), (the company), which comprised the statement ofmisrepresentations, or the override of internal control.financialpositionasat30June2019,thestatementofprofitorloss,-Obtain an understanding of internal control relevant to the audit in order statement of comprehensive Income, statement of changes in equity, andto design audit procedures that are appropriate in the circumstances, statement of cash flows for the year then ended, notes to the financialbut not for the purpose of expressing an opinion on the effectiveness of statements comprising a summary of significant accounting policies andthe companys internal control.other explanatory information, and the directors declaration. -Evaluatetheappropriatenessofaccountingpoliciesusedandthe In our opinion, the accompanying financial report of New South Walesreasonableness of accounting estimates and related disclosures made Masonic Club Not for Profit (RDR), is in accordance with the Corporationsby the directors.Act 2001, including: -Conclude on the appropriateness of the directors use of the going (i)Giving a true and fair view of the companys financial position asconcern basis of accounting and, based on the audit evidence obtained, at 30 June 2019 and of its financial performance for the year thenwhether a material uncertainty exists related to events or conditions ended; and that may cast significant doubt on the companys ability to continue (ii) ComplyingwithAustralianAccountingStandards-Reducedas a going concern. If we conclude that a material uncertainty exists, Disclosure Requirements and the Corporations Act 2001. we are required to draw attention in our auditors report to the related Basis for Opinion disclosures in the financial report or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence We conducted our audit in accordance with Australian Auditing Standards.obtained up to the date of our auditors report. However, future events Ourresponsibilitiesunderthosestandardsarefurtherdescribedintheor conditions may cause the company to cease to continue as a going Auditors Responsibilities for the Audit of Financial Report section of ourconcern.report. We are independent of the company in accordance with the auditor-Evaluate the overall presentation, structure and content of the financial independence requirements of the Corporations Act 2001 and the ethicalreport,includingthedisclosures,andwhetherthefinancialreport requirements of The Accounting Professional and Ethical Standards Boardsrepresents the underlying transactions and events in a manner that APES 110: Code of Ethics for Professional Accountants (the code) thatachieves fair presentation.are relevant to our audit of the financial report in Australia. We have alsoWe communicate with the directors regarding, among other matters, the planned fulfilled our other ethical responsibilities in accordance with the Code. scope and timing of the audit and significant audit findings, including any We confirm that the independence declaration required by the Corporationssignificant deficiencies in internal control that we identify during our audit.Act 2001, which has been given to the directors of New South Wales Masonic Club Not for Profit (RDR), would be in the same terms if given toName of Firm:Meagher Howard & Wright the directors as at the time of this auditors report. Name of Partner: Ken Wright We believe that the audit evidence we have obtained is sufficient andAddress: Suite 505, Lvl 5, 55 Grafton St, Bondi Junction NSW 2022appropriate to provide a basis of opinion. Signed:InformationOtherthantheFinancialReportandAuditorsReport ThereonThe directors are responsible for the other information. The other informationDated this 2nd day of October 2019October 2019 NSW Masonic Club23'