2023 Annual Report

Notes to the Financial Statements
For the year ended 30 June 2023
Notes to the Financial Statements
For the year ended 30 June 2023
13. Leases
As at the reporting date, operating lease commitments are as follows:
14. Sponsorship in kind
2023 2022
Not later than one year 316,136 287,909
Later than one year and not later than five years 615,443 104,932
Later than five years 0 0
TOTAL 931,579 392,841
Non-cash sponsorship received from West City Auto Group (motor vehicle) during the year totalled $6,000 (2022:
$6,000) and $19,167 received from Sport New Zealand (people and culture (HR) pilot) (2022: $26,833); this has
been included in the Statement of Comprehensive Revenue and Expenses at the equivalent market rate for goods
of this nature.
15. Income in advance
2023 2022
The KiwiSport Regional Partnership Fund was distributed by Regional Sports Trusts with Sport Auckland contracting
Primary Schools, Secondary Schools and Sports Organisations to deliver programmes within schools to children
from year 1 to 13.
Tū Manawa Active Aotearoa and KiwiSport funding is received by Sport Auckland in an ‘agent’ capacity as Sport
Auckland cannot control the use of, or otherwise directly benefit from the funding in the pursuit of its objectives.
Sport Auckland received a nominal amount towards the administration cost of the Tū Manawa Active Aotearoa Fund.
The funds are accounted in the statement of financial position and will remain a liability (received in advance) until
funds are distributed.
17. Sponsorship
Cash sponsorship received from One New Zealand (formerly known as Vodafone New Zealand) (volunteer reward
and recognition programme) during the year totalled $35,000, of which $10,000 was recognised as revenue. The
balance was deferred as Sponsorship obligation has not been met. (2022: $0)
18. Capital commitments
There were no capital commitments at the reporting date (2022: $0).
19. Contingent assets and liabilites
There are no contingent assets for liabilities at the reporting date (2022: $0).
Grants received in advance 991,245 465,766
TOTAL 991,245 465,766
20. Events after the reporting date
There are no significant events post balance date (2022: $0).
16. Funds held on trust
2023 2022
21. Going concern
The financial report has been prepared on a going concern basis, which contemplates continuity of normal business
activities and the realisation of assets and the settlement of liabilities in the ordinary course of business.
Tū Manawa Active Aotearoa 397,847 586,788
Direct Fund 72,661 56,515
KiwiSport 0 8,404
TOTAL 470,508 651,707
Sport New Zealand introduced the Tū Manawa Active Aotearoa fund during 2020. This funding is available for
community-based programmes or projects delivering play, active recreation and sport experiences, which help
our children and young people get active. Tū Manawa Active Aotearoa is distributed by Regional Sports Trusts with
Sport Auckland contracting a variety of organisations to deliver the purpose of the fund.
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